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Universities Allied For Essential Medicines North America Corp

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

EIN: 010833168 ✦ Washington, DC ✦ Designated as a 501(c)(3)

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Overview

What is Universities Allied For Essential Medicines North America Corp?

Universities Allied for Essential Medicines North America Corp, often abbreviated as UAEM, is a student-led nonprofit organization with chapters at over 100 universities worldwide, including over 30 in the United States. Their primary mission is to promote access to medicines and medical innovations where barriers exist, primarily by challenging norms and practices around academic patenting and licensing. They engage in independent research to support these efforts. UAEM's initiatives also aim to ensure that university medical research meets global needs and advocates for a more equitable approach to research and development. In 2022, their campaigns focused on making COVID-19 tests, treatments, and vaccines affordable and accessible to all, as well as advocating for more affordable access to a prostate cancer drug developed at the University of California, Los Angeles (UCLA). Their work resulted in the publication of an "Affordable Access Plan" by UCLA, aiming to address the needs of underserved populations globally.


Official website here: www.uaem.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 97%, Four-Star out of Four Stars

Universities Allied for Essential Medicines North America Corp has received a high rating of 97% from Charity Navigator, indicating strong accountability and financial health. The organization benefits from an entirely independent board, demonstrating a commitment to governance and transparency. Their financials reveal that 75.5% of expenses go directly to programs, signifying effective use of resources towards their mission.

User reviews consistently highlight the passionate and dedicated nature of the student-led organization, emphasizing its focus on making medicines more affordable and accessible. Participants appreciate the empowerment and training provided, which prepares the next generation of activists to engage in complex policy discussions. The organization is recognized for its effective advocacy efforts and success in promoting innovative approaches to drug development.

While user feedback is overwhelmingly positive, there is an overarching acknowledgment of the challenges they face in a competitive and often harsh landscape of pharmaceutical access. Nevertheless, the collective experiences of students and supporters suggest that UAEM is not only impactful but also an inspiring community for those committed to global health equity.


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

Is Universities Allied For Essential Medicines North America Corp legitimate?

Universities Allied For Essential Medicines North America Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Universities Allied For Essential Medicines North America Corp 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: $98,668
Professional Fundraising Fees: $0
Other Salaries and Wages: $36,455

For more financial information, click here


Official website here: www.uaem.org

What is the mission statement of Universities Allied For Essential Medicines North America Corp?

Universities Allied for Essential Medicines North America Corp, a student-led non-profit organization with a global presence, has a mission to primarily address barriers in access to medicines and medical innovations. They aim to achieve this by altering academic patenting and licensing norms and practices. Their independent research plays a crucial role in supporting these changes. Additionally, UAEM ensures that university medical research caters to global needs, advocating for needs-based approaches to research and development. The organization empowers students to address the biomedical access and innovation crisis by advocating for a promising global biomedical research system that benefits all.


Official website here: www.uaem.org

Who is the CEO of Universities Allied For Essential Medicines North America Corp?

Justin Mendoza is the Executive Dir. of Universities Allied For Essential Medicines North America Corp.


Official website here: www.uaem.org

What is the revenue of Universities Allied For Essential Medicines North America Corp?

Universities Allied For Essential Medicines North America Corp's revenue in 2022 was $152,365.


Official website here: www.uaem.org

Who are the executives of Universities Allied For Essential Medicines North America Corp and what are their salaries?

The average compensation at Universities Allied For Essential Medicines North America Corp during 2022 was $67,562. There are 2 employees and 350 volunteers at Universities Allied For Essential Medicines North America Corp.


Here are 13 key members and their salaries:


Merith Basey (Executive Dir.)
  • Compensation: $70,168
  • Related: $0
  • Other: $0
Justin Mendoza (Board/Int. E.D.)
  • Compensation: $28,500
  • Related: $0
  • Other: $0
Sarah Rapawy (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Goldman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ravi Gupta (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Benjamin (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alexandra Greenberg (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Luis Abinader (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aly Bancroft (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amma Boakye (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Varoon Mathur (Board/Sec.)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anastasia Beletsky (Board/Treas.)
  • Compensation: $0
  • Related: $0
  • Other: $0
Reshma Ramachandran (President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.uaem.org

Where can I find the form 990 for Universities Allied For Essential Medicines North America Corp?

Universities Allied For Essential Medicines North America Corp's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.uaem.org

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

Mission Statement of Universities Allied For Essential Medicines North America Corp

Universities Allied for Essential Medicines North America Corp, often referred to as UAEM, is a student-led non-profit organization with a significant mission. Primarily, UAEM aims to promote access to medicines and medical innovations in areas where barriers exist. They achieve this by influencing academic norms and practices surrounding patenting and licensing. Their independent research supports this endeavor.

Furthermore, UAEM is committed to ensuring that university medical research aligns with global needs. They actively advocate for the development of needs-based approaches to research and development (R&D). By doing so, they hope to create a more equitable system that caters to the needs of people worldwide.

Lastly, UAEM empowers its student members by encouraging them to advocate for a more promising global biomedical R&D system. They believe in the potential of students to contribute to overcoming the biomedical access and innovation crisis. UAEM has chapters at over 100 universities worldwide, including over 30 in the U.S., demonstrating its global impact and student-led nature.

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Impact




October, 2024

Universities Allied For Essential Medicines North America Corp significantly impacts global health by tackling barriers to access for essential medications and medical innovations. Through its initiatives, the organization strives to change the established norms surrounding academic patenting and licensing, advocating for fair pricing and availability of medical treatments across the globe.

One of UAEM’s key campaigns, the Free the Vaccine for Covid-19, highlights its commitment to ensure equitable access to vaccines and treatments during public health emergencies. By mobilizing students and activists, it raises awareness about vaccine inequity, symbolically demonstrating the disparities in global health access through engaging public actions. This campaign not only amplifies the voices calling for a "people's vaccine" but also encourages widespread participation in the discussion on public health solutions.

The organization has also played a pivotal role in the Take Back Xtandi campaign at UCLA, advocating for a publicly-funded prostate cancer drug. The campaign has led to the establishment of the Affordable Access Plan (AAP), which aims to ensure that medications developed at UCLA are affordable and accessible, especially for underserved populations. This success at UCLA sets a transformative precedent for other universities to adopt similar policies, potentially reshaping the landscape of academic contributions to global health.

Furthermore, UAEM empowers students across more than 100 universities to become advocates for biomedical access, enabling them to take active roles in shaping research and development that addresses real-world health needs. Through strategic campaigns and educational initiatives, UAEM continues to influence policies and practices that impact health accessibility and affordability, marking a profound step toward health equity.




This information is meant to be a general summary of Universities Allied For Essential Medicines North America Corp. 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
$152,365 (2022)
Expenses
$237,480 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $153
  • Gross Receipts: $152,365

Assets and Liabilities:

  • Total Assets: $197,765
  • Total Liabilities: $6,405
  • Net Assets: $191,360

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Organization Details

Founding Year

2002

Principal Officer

Justin Mendoza

Main Address

1380 Monroe St NW 218, Washington, DC, 20010

NTEE Category

Code: P20 - Human services

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