Overview
What is Lake Chelan Health And Wellness Foundation?
The Lake Chelan Health & Wellness Foundation is a charitable organization, established in 1982, with a primary mission to enhance and improve healthcare services within the Lake Chelan Community Hospital's district. Over the years, the Foundation has been instrumental in procuring essential medical equipment, such as Glidescopes, x-ray units, and defibrillators, to support the local hospital. Notably, they played a significant role in raising funds for a new hospital floor in the 1990s. In 2022, the Foundation awarded educational scholarships worth over $58,000 and contributed over $800,000 to the Chelan hospital for wellness programs and the construction of a new hospital building. Operating with a dedicated workforce of two individuals, the Foundation continues to manage and utilize donated assets to further its charitable, scientific, and educational objectives.
Official website here: www.lchealthwellness.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Stars)
Lake Chelan Health And Wellness Foundation has achieved a commendable Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial health. The charity's overall score is derived entirely from a perfect accountability and finance beacon score, which highlights its efficiency and transparency. Notably, the organization maintains a fully independent board, with all 13 members free from conflicts of interest, ensuring unbiased governance.
The foundation excels in financial management, evidenced by a low liabilities to assets ratio of just 0.01%. Additionally, a high program expense ratio of 90.77% indicates that a significant portion of its funds is directed towards its mission-related activities, rather than administrative costs. The inclusion of essential policies, such as conflict of interest and whistleblower protections, further underscores the foundation's commitment to ethical practices.
While the foundation showcases many strengths, it is important for supporters to remain engaged and informed about its ongoing activities and impact within the community. Overall, Lake Chelan Health And Wellness Foundation demonstrates a robust operational framework, making it a trustworthy organization for potential donors and volunteers.
This AI summary has been generated from information found on Charity Navigator.
Is Lake Chelan Health And Wellness Foundation legitimate?
Lake Chelan Health And Wellness Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lake Chelan Health And Wellness Foundation 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:
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Professional Fundraising Fees: $0
Other Salaries and Wages: $16,705
For more financial information, click here
Official website here: www.lchealthwellness.com
What is the mission statement of Lake Chelan Health And Wellness Foundation?
The Lake Chelan Health and Wellness Foundation, established in 1982, operates with a mission to improve and enhance healthcare services in its designated area. The organization's primary objective is to raise and manage donated funds to contribute to the betterment of healthcare facilities. Over the years, the Foundation has played a significant role in procuring essential equipment for local hospitals, such as emergency and operating room equipment, X-ray units, and portable bedside monitors. It has also funded projects like the construction of a new hospital floor in the 1990s and the purchase of advanced medical devices like Glidescopes and automated external defibrillators. Most recently, the Foundation has been raising funds for a new hospital building. In addition to equipment purchases, the Foundation has granted healthcare educational scholarships and contributed to wellness programs at the hospital.
Official website here: www.lchealthwellness.com
Who is the CEO of Lake Chelan Health And Wellness Foundation?
Micheal Steele is the Director of Lake Chelan Health And Wellness Foundation.
Official website here: www.lchealthwellness.com
What is the revenue of Lake Chelan Health And Wellness Foundation?
Lake Chelan Health And Wellness Foundation's revenue in 2022 was $55,511.
Official website here: www.lchealthwellness.com
Who are the executives of Lake Chelan Health And Wellness Foundation and what are their salaries?
The average compensation at Lake Chelan Health And Wellness Foundation during 2022 was $8,352. There are 2 employees and 55 volunteers at Lake Chelan Health And Wellness Foundation.
Here are 13 key members and their salaries:
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Official website here: www.lchealthwellness.com
Where can I find the form 990 for Lake Chelan Health And Wellness Foundation?
Lake Chelan Health And Wellness Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lchealthwellness.com
Learn more at the official website: www.lchealthwellness.com
Mission Statement of Lake Chelan Health And Wellness Foundation
The Lake Chelan Health and Wellness Foundation, established in 1982, was organized with a mission to enhance and improve healthcare services at the Lake Chelan Community Hospital and its surrounding area. Operating under charitable, scientific, and educational purposes, this organization is dedicated to managing and generating donated assets to improve healthcare facilities within its hospital district. The Lake Chelan Health and Wellness Foundation has been instrumental in providing essential equipment for the hospital, such as emergency room equipment, x-ray units, and IV pumps, among others. In the 1990s, the Foundation spearheaded a capital campaign that raised $900,000 to construct a new hospital floor. Over the years, the Foundation has continued to contribute funds for various equipment purchases, including Glidescopes for EMS vehicles, orthopedic surgical tools, and an integrated listening system for pediatric patients. Recently, the Foundation has also focused on raising funds for the construction of a new hospital building. In essence, the Lake Chelan Health and Wellness Foundation is committed to advancing healthcare facilities within its hospital district, ensuring that the community has access to the necessary medical equipment and resources.
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Impact
August, 2024
Lake Chelan Health And Wellness Foundation's impact is significant and far-reaching. Through its dedicated efforts, the foundation has contributed over $800,000 to the Chelan hospital for wellness programs and the construction of a new hospital. Additionally, the foundation awarded over $58,000 in healthcare educational scholarships in 2022, further enhancing the healthcare services in the community.
The foundation plays a crucial role in advancing healthcare facilities within the hospital district by purchasing essential equipment for the Lake Chelan Community Hospital. Over the years, the foundation has sponsored capital campaigns, raised funds for equipment such as emergency and operating room equipment, x-ray units, IV pumps, orthopedic surgical tools, and more. These contributions towards critical equipment have greatly improved the hospital's ability to provide quality healthcare services to the community.
Moreover, the foundation's commitment to fundraising for a new hospital building underscores its long-term vision and dedication to enhancing healthcare infrastructure in the region.
Overall, Lake Chelan Health And Wellness Foundation's impact can be seen in its tangible contributions towards improving healthcare services, providing educational scholarships, and supporting the overall well-being of the community.
This information is meant to be a general summary of Lake Chelan Health And Wellness Foundation. 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.
- Investment Income: -$10,031
- Gross Receipts: $941,403
Assets and Liabilities:
- Total Assets: $2,079,873
- Total Liabilities: $227
- Net Assets: $2,079,646
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Organization Details
Founding Year
1982
Phone
(509) 682-6125Principal Officer
Micheal Steele
Main Address
PO Box 1911, Chelan, WA, 98816
Website
www.lchealthwellness.comNTEE Category
Code: T31 - Philanthropy
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