Overview
What is Milbridge Medical Center?
Milbridge Medical Center is a nonprofit institution situated in Cherryfield, Maine. The center plays a crucial role in the community, particularly for individuals with limited financial resources. It operates a self-owned and maintained medical facility, where various programs are implemented. The primary mission of Milbridge Medical Center is to offer a medical infrastructure for the benefit of local residents, catering to their healthcare needs.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Star Rating.
Milbridge Medical Center has achieved a high level of accountability and financial health, indicated by its impressive score of 94%. This score reflects a strong commitment to transparency and sound financial practices, as evidenced by its 100% independent board and a favorable liabilities to assets ratio of 0.00%. The organization demonstrates a proactive approach to governance, having established multiple policies to ensure ethical operation and accountability.
The center's program expense ratio stands at an impressive 93.26%, suggesting that a significant majority of its expenditures are directed towards fulfilling its mission rather than administrative costs. This focus on programmatic spending enhances its effectiveness and underscores its dedication to serving the community. Furthermore, the presence of comprehensive policies, such as those addressing conflicts of interest and document retention, reinforces the integrity of its operations.
Despite the strong financial score and governance metrics, potential donors and stakeholders should remain cognizant of the importance of assessing ongoing program outcomes and community impact. While the financial health is commendable, understanding the effectiveness of its programs would provide a more holistic view of the organization's overall success and sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Milbridge Medical Center legitimate?
Milbridge Medical Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Milbridge Medical Center 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.
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What is the mission statement of Milbridge Medical Center?
Milbridge Medical Center's mission is centered around providing essential medical infrastructure for the community, particularly for individuals who reside in economically disadvantaged circumstances. The center operates a medical facility, which includes a maintained and owned medical building, where various programs are carried out. The primary aim of Milbridge Medical Center is to ensure that these community members have access to necessary medical services.
Who is the CEO of Milbridge Medical Center?
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What is the revenue of Milbridge Medical Center?
Milbridge Medical Center's revenue in 2022 was $34,441.
Who are the executives of Milbridge Medical Center and what are their salaries?
Here are 11 key members and their salaries:
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Where can I find the form 990 for Milbridge Medical Center?
Milbridge Medical Center's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Milbridge Medical Center
Milbridge Medical Center, a nonprofit organization, is dedicated to providing essential medical infrastructure for the local community, many of whom reside with limited financial resources. This institution operates a medical facility, equipped with an owned and maintained building, where various programs are implemented. The center's mission is to cater to the medical needs of this populace, ensuring they have access to necessary healthcare services. By offering this vital infrastructure, Milbridge Medical Center plays a significant role in enhancing the overall health and well-being of its community members.
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Impact
August, 2024
Milbridge Medical Center provides crucial medical infrastructure for residents in Cherryfield, ME, particularly those who are low income. The center's impact is significant as it ensures that this underserved population has access to essential healthcare services. Through its owned and maintained medical building, Milbridge Medical Center conducts various programs to address the healthcare needs of the community. This helps improve the overall health and well-being of residents who may face barriers to accessing quality healthcare elsewhere.
This information is meant to be a general summary of Milbridge Medical Center. 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: $5,236
- Program Service Revenue: $29,205
- Gross Receipts: $84,675
Assets and Liabilities:
- Total Assets: $603,729
- Total Liabilities: $0
- Net Assets: $603,729
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Rental Income
Revenue
$29,205
Organization Details
Founding Year
1965
Main Address
PO Box 311, Cherryfield, ME, 04622
NTEE Category
Code: E30 - Health
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