Ladmc Foundation
- Assets
- $2.9m
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 12/2019
- Data as of
- 12/2021
- EIN
- 84-1913047
Organization Overview
Ladmc Foundation is located in Los Angeles, CA. The organization was established in 2019. According to its NTEE Classification (E70) the organization is classified as: Public Health, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ladmc Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Ladmc Foundation generated $1.7m in total revenue.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
LADMC FOUNDATION'S GOAL IS TO TRAIN LOS ANGELES COUNTY NURSES IN LEADERSHIP SKILLS AND TO PROMOTE HEALTH AND WELLNESS EDUCATION TO COMMUNITIES AND NEIGHBORHOODS THROUGHOUT THE LOS ANGELES REGION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LADMC FOUNDATION RAN COMMUNITY HEALTH FAIRS IN THE LOS ANGELES REGION. THOSE FAIRS PROVIDED BASIC PUBLIC HEALTH EDUCATION TO SOME OF THE MOST VULNERABLE COMMUNITIES IN THE LOS ANGELES REGION. THE FAIRS ALSO PROVIDED ATTENDEES WITH BASIC SCREENING TESTS SUCH AS DIABETES SCREENING OR BLOOD PRESSURE TESTS. THE FAIRS REACHED APPROXIMATELY 1,000 PEOPLE.
LADMC FOUNDATION CONTINUED ITS PROGRAM TO PROVIDE SCHOLARSHIPS FOR INDIVIDUALS TO BECOME NURSES FILLING A DIRE NEED FOR NURSES DURING THE COVID-19 PANDEMIC. SCHOLARSHIPS WERE APPLIED FOR THROUGH THE LADMC FOUNDATION WEBSITE AND AWARDED ON OBJECTIVE NON-DISCRIMINATORY BASES.
LADMC FOUNDATION'S NURSING HEALTH AND WELLNESS PROGRAM TAUGHT NURSES THROUGHOUT THE LOS ANGELES REGION SKILLS AND KNOWLEDGE SUCH AS PATIENT COMMUNICATION THE LATEST IN PATIENT-CENTERED PRACTICES TEAM LEADERSHIP PRACTICES NEW TECHNOLOGY USES TO IMPROVE PATIENT OUTCOMES. THE PROGRAM HAD A FOCUS ON WELLNESS BENEFITS FOR NURSES DURING THE COVID-19 PANDEMIC INCLUDING AWARDS FOR SERVICE DURING THE PANDEMIC.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ana Iturbe Board Member | Trustee | 5 | $0 |
William Nelson Board Member President | Trustee | 5 | $0 |
Vicki Rollins Board Member Secretary | Trustee | 5 | $0 |
Mark Valentino Board Member Treasurer | Trustee | 5 | $0 |
Jennifer Rollins Board Member | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $452,034 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,214,078 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,666,112 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,666,112 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $207,097 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,060 |
| Fees for services: Accounting | $5,184 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,740 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $129,237 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $612,947 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,895,936 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,895,936 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $2,895,936 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,895,936 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Ladmc Foundation has recieved totaling $518.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $518 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jwch Institute Inc Commerce, CA | $70,547,558 | $107,915,423 |
Marin Community Clinic Novato, CA | $48,778,034 | $58,054,978 |
Parents And Children Together Honolulu, HI | $17,882,384 | $29,499,262 |
The West Oakland Health Council Oakland, CA | $10,699,848 | $24,878,294 |
Kokua Kalihi Valley Comprehensive Family Services Honolulu, HI | $22,871,872 | $24,242,749 |
Education Training And Research Associates Scotts Valley, CA | $15,485,603 | $19,032,847 |
Northwest Portland Area Indian Health Board Portland, OR | $19,448,584 | $19,071,693 |
Partners In Care Foundation Inc San Fernando, CA | $15,565,465 | $22,096,413 |
Central Neighborhood Health Foundation Los Angeles, CA | $17,013,795 | $24,201,200 |
Vision To Learn Los Angeles, CA | $20,294,711 | $15,923,530 |
Sierra Health Foundation Sacramento, CA | $61,368,491 | $9,085,728 |
National Health Foundation Los Angeles, CA | $35,586,388 | $11,254,179 |