Overview
What is Loma Linda Mercantile?
Loma Linda Mercantile is a nonprofit organization based in Loma Linda, California, with a PO Box address. Their mission revolves around providing essential equipment, medical, and other related supplies and services to Loma Linda University Health Organizations. Through their purchasing and distribution efforts, they contribute significantly to the fulfillment of Loma Linda University's overall mission, "To make man whole." The organization's activities encompass all Loma Linda University Health-affiliated organizations.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Loma Linda Mercantile has received a Two-Star out of Four Star rating from Charity Navigator, reflecting an overall score of 64%. This rating indicates that while the organization shows some strengths, there are significant areas needing attention, particularly in accountability and transparency. The lack of independent board members raises concerns about governance and oversight.
The organization does excel in some areas, such as having no material diversion of assets and a high program expense ratio of 100%, which suggests that funds are being directed towards its intended programs. Additionally, it has established several essential policies, including a conflict of interest policy and a whistleblower policy, which is a positive aspect of its governance framework.
However, the organization faces limitations, particularly regarding its financial health, as indicated by a liabilities to assets ratio of over 106%. Furthermore, the absence of independent board members and missing financial documentation on its website detracts from its accountability. High salaries for key personnel may also raise questions about financial prioritization within the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Loma Linda Mercantile legitimate?
Loma Linda Mercantile is a legitimate nonprofit organization registered as a 501(c)(3) entity. Loma Linda Mercantile 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 Loma Linda Mercantile?
Loma Linda Mercantile plays a crucial role in supplying equipment and various essentials, including medical supplies, to Loma Linda University Health organizations. Its mission is dedicated to providing these necessities for the health institutions, contributing significantly to their mission of "making man whole." The entity's operations encompass the purchasing and distribution of equipment and medical and other related supplies for the Loma Linda University Health organizations. In essence, Loma Linda Mercantile bridges the gap between the needs of the health organizations and the acquisition and delivery of necessary supplies, ensuring they can effectively carry out their missions.
Who is the CEO of Loma Linda Mercantile?
Angela M Lalas is the Evp University Affairs of Loma Linda Mercantile.
What is the revenue of Loma Linda Mercantile?
Loma Linda Mercantile's revenue in 2022 was $1,237,815,332.
Who are the executives of Loma Linda Mercantile and what are their salaries?
Here are 10 key members and their salaries:
- Compensation: $0
- Related: $317,755
- Other: $50,395
- Compensation: $0
- Related: $630,377
- Other: $70,478
- Compensation: $0
- Related: $180,861
- Other: $35,482
- Compensation: $0
- Related: $796,917
- Other: $75,319
- Compensation: $0
- Related: $609,433
- Other: $79,514
- Compensation: $0
- Related: $1,459,022
- Other: $100,160
- Compensation: $0
- Related: $1,106,546
- Other: $99,075
- Compensation: $0
- Related: $1,097,912
- Other: $106,071
- Compensation: $0
- Related: $234,581
- Other: $42,600
- Compensation: $0
- Related: $345,965
- Other: $53,991
Where can I find the form 990 for Loma Linda Mercantile?
Loma Linda Mercantile's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Loma Linda Mercantile
Loma Linda Mercantile, a key player in the Loma Linda University Health network, is dedicated to procuring and disseminating essential equipment, medical, and other related supplies and services to various Loma Linda University Health organizations. This mission is integral to the broader goal of "To Make Man Whole," a commitment to holistic healing and wellbeing.
In practical terms, Loma Linda Mercantile takes on the crucial role of ensuring that Loma Linda University Health entities have the necessary resources to carry out their objectives effectively. They meticulously purchase and distribute a wide range of equipment and supplies, including medical tools and consumables, that enable these organizations to deliver top-notch healthcare services and further their respective missions.
Moreover, Loma Linda Mercantile goes beyond merely supplying equipment and medical supplies; they also provide related services that contribute significantly to the overall functioning of the Loma Linda University Health organizations. Their commitment extends to making sure that these organizations can maintain their operational efficiency and continue to make a positive impact on the lives of those they serve.
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Impact
October, 2024
Loma Linda Mercantile plays a crucial role in the healthcare ecosystem of Loma Linda University Health (LLUH) by facilitating the procurement and distribution of essential medical equipment and supplies. This organization ensures that LLUH-related facilities are well-equipped to provide high-quality care, directly impacting patient outcomes and operational efficiency.
By sourcing and delivering necessary medical tools and resources, Loma Linda Mercantile supports the mission of "making man whole," which emphasizes holistic health and well-being. Their efforts empower healthcare providers within the LLUH community to focus on delivering comprehensive care, knowing that they have reliable access to the equipment and supplies needed for their patients.
Furthermore, this organization contributes to the overall health infrastructure of Loma Linda, California, fostering an environment where quality healthcare can thrive. The impact is felt not only in immediate patient care but also in the long-term health and wellness of the community served by LLUH. Overall, Loma Linda Mercantile enhances the operational capabilities of healthcare facilities, ensuring they can meet the diverse needs of those they serve.
This information is meant to be a general summary of Loma Linda Mercantile. 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.
- Program Service Revenue: $1,237,826,369
- Gross Receipts: $1,543,452,046
Assets and Liabilities:
- Total Assets: $3,202,586
- Total Liabilities: $3,693,995
- Net Assets: -$491,409
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENUE
Revenue
$1,237,826,369
Organization Details
Founding Year
1983
Phone
(909) 558-4000Principal Officer
Angela M Lalas
Main Address
PO BOX 926 FINANCE, LOMA LINDA, CA, 92354
NTEE Category
Code: E21Z - Health
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