Overview
What is Yvfwc Healthcare Facilities Development?
Yvfwc Healthcare Facilities Development is a supporting organization to the Yakima Valley Farm Workers Clinic (YVFWC), a nonprofit that offers healthcare and social services to low-income populations. Established to facilitate a New Market Tax Credits (NMTC) project as defined in Section 45D of the IRC, Yvfwc Healthcare Facilities Development's mission is to aid YVFWC in financing new facilities. As a supporter, it assists in enhancing the resources available to the Yakima Valley Farm Workers Clinic, ultimately benefiting the community they serve.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 58%, One-Star out of Four Star rating
Yvfwc Healthcare Facilities Development has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its financial health and operational transparency. While the organization scores well in governance aspects such as having a majority independent board, proper policies for conflict of interest, and comprehensive documentation practices, it struggles with financial metrics, particularly a concerning program expense ratio of 0.00%.
The organization has demonstrated strong accountability practices, scoring full points in areas like board independence and asset management, which are crucial for maintaining donor trust. However, the high liabilities to assets ratio of 65.19% raises red flags about its financial sustainability and ability to fund its programs effectively. This indicates that the organization may be facing challenges in managing its financial resources.
Overall, while Yvfwc Healthcare Facilities Development has established sound governance practices, the critical concern regarding its financial ratios suggests that potential donors should exercise caution. The lack of program expenses raises questions about the organization's effectiveness and its capacity to fulfill its mission in the healthcare sector.
This AI summary has been generated from information found on Charity Navigator.
Is Yvfwc Healthcare Facilities Development legitimate?
Yvfwc Healthcare Facilities Development is a legitimate nonprofit organization registered as a 501(c)(3) entity. Yvfwc Healthcare Facilities Development submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Yvfwc Healthcare Facilities Development?
Yvfwc Healthcare Facilities Development serves as a supporting organization for the Yakima Valley Farm Workers Clinic (YVFWC). Its primary mission is to assist YVFWC in financing the development of new healthcare facilities. This organization operates with the objective of facilitating New Market Tax Credits (NMTC) projects, as defined in Section 45D of the Internal Revenue Code. By doing so, Yvfwc Healthcare Facilities Development aims to support YVFWC's mission of providing healthcare and social services to low-income populations. The organization's activities are geared towards helping YVFWC expand its infrastructure, ultimately benefiting those in need of essential health services.
Who is the CEO of Yvfwc Healthcare Facilities Development?
Christine Trotter is the Ceo (Thur 01/2022) of Yvfwc Healthcare Facilities Development. The CEO's salary of Yvfwc Healthcare Facilities Development is $0 and their total compensation is $460,902.
What is the revenue of Yvfwc Healthcare Facilities Development?
Yvfwc Healthcare Facilities Development's revenue in 2022 was -$999,944.
Who are the executives of Yvfwc Healthcare Facilities Development and what are their salaries?
There 5 volunteers at Yvfwc Healthcare Facilities Development.
Here are 8 key members and their salaries (Yvfwc Healthcare Facilities Development's CEO's salary is $0 and their total compensation is $460,902):
- Compensation: $0
- Related: $1,141,319
- Other: $25,185
- Compensation: $0
- Related: $435,518
- Other: $25,384
- Compensation: $0
- Related: $364,066
- Other: $17,380
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Yvfwc Healthcare Facilities Development?
Yvfwc Healthcare Facilities Development's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Yvfwc Healthcare Facilities Development
Yvfwc Healthcare Facilities Development is a supporting organization to the Yakima Valley Farm Workers Clinic (YVFWC). Its mission is to aid YVFWC in financing the construction of new facilities. Established under Section 45D of the Internal Revenue Code, Yvfwc Healthcare Facilities Development facilitates the New Market Tax Credits (NMTC) project. This initiative aims to provide essential healthcare and social services to low-income populations, in line with YVFWC's mission. By supporting YVFWC's expansion, Yvfwc Healthcare Facilities Development contributes to improving access to healthcare and essential services for underprivileged communities.
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Impact
October, 2024
Yvfwc Healthcare Facilities Development plays a crucial role in enhancing healthcare access for low-income populations by supporting the Yakima Valley Farm Workers Clinic (YVFWC). Through the facilitation of financing for new facilities using New Market Tax Credits (NMTC), YVFWC Healthcare Facilities Development helps to ensure that vital healthcare and social services are available to underserved communities. This support not only aids in the expansion and improvement of healthcare infrastructure but also directly contributes to better health outcomes for vulnerable populations in the region. The organization’s efforts enhance the overall quality of care and accessibility, making a significant positive impact on the health and well-being of those it serves.
This information is meant to be a general summary of Yvfwc Healthcare Facilities Development. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $100,833
Assets and Liabilities:
- Total Assets: $24,143,508
- Total Liabilities: $15,328,015
- Net Assets: $8,815,493
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Organization Details
Founding Year
2020
Phone
(509) 865-5898Principal Officer
Christine Trotter
Main Address
PO BOX 190, TOPPENISH, WA, 989480190
NTEE Category
Code: E11 - Health
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