Loma Linda University Workers

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

EIN: 953458265 ✦ Dallas, TX ✦ Designated as a 501(c)(3)

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Overview

What is Loma Linda University Workers?

Loma Linda University Workers, as mentioned in the information, is a nonprofit organization that supports Loma Linda University, its parent organization, in maintaining a self-insurance program for workers' compensation. This program is specifically designed for the affiliated non-profit hospital, LLU Adventist Health Sciences Center. The purpose of this arrangement is to provide financial resources necessary for the workers' compensation coverage of the university's employees. By doing so, the organization ensures the well-being and protection of the workers within the university's network.


Official website here: www.none

What are the reviews and ratings of this charity?

Charity Navigator Rating: 37%, Zero-Star out of Four Star rating.

Loma Linda University Workers has received a low rating of 37%, indicating significant concerns regarding accountability and financial practices. The overall score is solely derived from the Accountability & Finance beacon, highlighting a lack of independent board members, which contributes to its zero-star designation. The organization has some positive aspects, such as having a conflict of interest policy and a whistleblower policy in place, but these are overshadowed by the absence of independent oversight.

While the organization reports no material diversion of assets and has a documented retention policy, it struggles with financial ratios that raise red flags. Specifically, the program expense ratio is only 36.68%, suggesting that a limited portion of its expenses is directed towards its programs. Additionally, the tax form is not available on the nonprofit's website, further detracting from transparency and accountability.

Overall, the rating reflects serious limitations in governance and financial management at Loma Linda University Workers. Prospective donors should consider these factors carefully before engaging with or supporting the organization.


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

Is Loma Linda University Workers legitimate?

Loma Linda University Workers is a legitimate nonprofit organization registered as a 501(c)(3) entity. Loma Linda University Workers 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: $18,920
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.none

What is the mission statement of Loma Linda University Workers?

The mission of Loma Linda University Workers, in support of Loma Linda University and its affiliated non-profit hospital, LLU Adventist Health Sciences Center, is to facilitate the maintenance of a self-insurance program for workers' compensation. This mission is achieved by managing trustee fees and tax preparation fees allocated to program services, thereby providing essential financial support for the organization's workers' compensation needs. In essence, Loma Linda University Workers contribute to ensuring the well-being and protection of the university's workforce within the healthcare setting.


Official website here: www.none

Who is the CEO of Loma Linda University Workers?

Bank Of America N A is the Trustee of Loma Linda University Workers.


Official website here: www.none

What is the revenue of Loma Linda University Workers?

Loma Linda University Workers's revenue in 2022 was $17,654.


Official website here: www.none

Who are the executives of Loma Linda University Workers and what are their salaries?


There is 1 key member and their salary:


Bank Of America Na (Trustee)
  • Compensation: $18,920
  • Related: $0
  • Other: $0


Official website here: www.none

Where can I find the form 990 for Loma Linda University Workers?

Loma Linda University Workers's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.none

Learn more at the official website: www.none

Mission Statement of Loma Linda University Workers

Loma Linda University Workers, as a non-profit organization, is dedicated to providing Loma Linda University, its parent organization, with the necessary means to maintain a self-insurance program for workers' compensation within its affiliated non-profit hospital, LLU Adventist Health Sciences Center. This role is instrumental in ensuring that the university has the financial resources to manage workers' compensation claims effectively, thereby safeguarding its employees and mitigating potential financial liabilities. The organization's activities are primarily focused on managing trustee fees and tax preparation, allocating these funds towards program services to support the self-insurance program's operation.

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Impact




October, 2024

Loma Linda University Workers plays a crucial role in supporting the self-insurance program for workers' compensation at the affiliated LLU Adventist Health Sciences Center. By providing the necessary trust fund management and financial resources, they ensure that the hospital can effectively manage its workers' compensation needs. This support is essential for safeguarding the welfare of employees and maintaining a stable working environment. Their efforts contribute to the overall operational health of the hospital, enabling it to deliver quality healthcare services while promoting the well-being of its staff.




This information is meant to be a general summary of Loma Linda University Workers. 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
$17,654 (2022)
Expenses
$21,920 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $17,654
  • Gross Receipts: $388,737

Assets and Liabilities:

  • Total Assets: $3,291,874
  • Total Liabilities: $0
  • Net Assets: $3,291,874

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Organization Details

Founding Year

1979

Principal Officer

Bank Of America N A

Main Address

PO BOX 653067, DALLAS, TX, 752653067

Website

www.none

NTEE Category

Code: Y24Z - Mutual benefit

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