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Umc Foundation Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 861146214 ✦ Las vegas, NV ✦ Designated as a 501(c)(3)

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Overview

What is Umc Foundation Inc?

Umc Foundation Inc, situated in Las Vegas, Nevada, serves as a dedicated entity to support the University Medical Center of Southern Nevada. This nonprofit organization aims to solicit and manage charitable contributions, grants, bequests, and donations. Its primary objective is to expand and enhance patient care services and community health education beyond the scope of public funding alone. This is accomplished by providing necessary new equipment for the medical center, thereby facilitating improved healthcare services for the community.


Official website here: www.umcfoundationlv.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 84%, Three-Star out of Four Stars

The Umc Foundation Inc has earned an 84% score on Charity Navigator, which reflects a solid performance in accountability and finance. The organization boasts a fully independent board and has strong oversight mechanisms in place, as seen in their high scores for audit and financial transparency. However, their financial health is somewhat overshadowed by missing policies related to whistleblower protections and document retention, which could impact governance practices.

In terms of program expenses, Umc Foundation allocates a significant portion of its budget to programs, indicating a focus on fulfilling its mission. The organization has a favorable liabilities to assets ratio, showing a low level of debt compared to its assets. This financial stability is a positive sign for potential donors and stakeholders.

Despite its strengths, the lack of certain essential policies and missing financial documents on their website may raise questions about their operational transparency. Addressing these gaps could enhance their accountability rating and instill greater confidence among supporters and beneficiaries alike.


This AI summary has been generated from information found on Charity Navigator.

Is Umc Foundation Inc legitimate?

Umc Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Umc Foundation Inc 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


Official website here: www.umcfoundationlv.org

What is the mission statement of Umc Foundation Inc?

The UMC Foundation's mission is to serve as a flexible and efficient tool to solicit and manage donations, grants, bequests, and devices, benefiting the University Medical Center of Southern Nevada. Its primary goal is to extend and enhance patient care services and community health education, surpassing what's possible through public support alone. The foundation aims to facilitate initiatives that go beyond standard public support, contributing to better healthcare and education in the community.


Official website here: www.umcfoundationlv.org

Who is the CEO of Umc Foundation Inc?

Harry C Hagerty is the Director of Umc Foundation Inc.


Official website here: www.umcfoundationlv.org

What is the revenue of Umc Foundation Inc?

Umc Foundation Inc's revenue in 2022 was $2,917,639.


Official website here: www.umcfoundationlv.org

Who are the executives of Umc Foundation Inc and what are their salaries?

There 60 volunteers at Umc Foundation Inc.


Here are 5 key members and their salaries:


Michael Forche (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stan Hunterton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Harry C Hagerty (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Francis Fuson (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deana Young Md (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.umcfoundationlv.org

Where can I find the form 990 for Umc Foundation Inc?

Umc Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.umcfoundationlv.org

Learn more at the official website: www.umcfoundationlv.org

Mission Statement of Umc Foundation Inc

The University Medical Center (UMC) Foundation serves as an innovative, flexible, and efficient platform to solicit and manage gifts, grants, bequests, and devices, benefiting the University Medical Center of Southern Nevada. Its mission is to extend and enhance patient care services and community health education beyond the reach of public support alone. The UMC Foundation strives to provide backing for initiatives that strengthen and expand the medical center's capabilities, ultimately contributing to improved healthcare and education for the community.

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Impact




July, 2024

Umc Foundation Inc plays a crucial role in supporting the University Medical Center of Southern Nevada by providing funding for much-needed new equipment. Through its innovative and efficient approach to soliciting and managing gifts, grants, and bequests, Umc Foundation Inc ensures that the medical center can expand and enhance patient care services beyond what public support alone can achieve. This impact extends to benefiting both patient care services and community health education in Southern Nevada.




This information is meant to be a general summary of Umc Foundation Inc. 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.

Revenue
$2,917,639 (2022)
Expenses
$664,963 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $482
  • Gross Receipts: $3,007,634

Assets and Liabilities:

  • Total Assets: $5,202,179
  • Total Liabilities: $1,776,872
  • Net Assets: $3,425,307

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Organization Details

Founding Year

2005

Principal Officer

Harry C Hagerty

Main Address

1800 W CHARLESTON BLVD 504, LAS VEGAS, NV, 89102

NTEE Category

Code: E11 - Health

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