Overview
What is Cambridge Medical Care Foundation Inc?
Cambridge Medical Care Foundation Inc, based in Cambridge, Massachusetts, is a nonprofit organization with a mission to provide medical care and human services for the benefit of the sick and injured, as well as individuals suffering from illness. They collaborate with Cambridge Hospital and Harvard Medical School to deliver education, medical services, and contribute to scientific research, all in an effort to promote the general mental and physical health and human needs of the community. The foundation actively assists in medical education and the education of other personnel engaged in health services, ensuring the continued growth and development of the field.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 60% (Two-Star out of Four Stars)
Cambridge Medical Care Foundation Inc has received a Two-Star rating from Charity Navigator, indicating that the organization has some strengths but also significant areas for improvement, particularly in accountability and transparency. The foundation has a solid program expense ratio of 71.29%, suggesting that a substantial portion of its funds is directed towards its programs rather than administrative costs.
However, the organization's governance practices are concerning, as it has no independent board members and lacks essential policies such as a Whistleblower Policy and Document Retention guidelines. Additionally, the foundation's website is not listed on its tax form, and it fails to post its tax documents online, which raises questions about transparency and accessibility of information for stakeholders.
While the foundation effectively manages its financial liabilities, the noted deficiencies in governance and policy documentation may undermine trust amongst donors and the community it serves. Addressing these issues could enhance its overall accountability and improve its rating in future evaluations.
This AI summary has been generated from information found on Charity Navigator.
Is Cambridge Medical Care Foundation Inc legitimate?
Cambridge Medical Care Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cambridge Medical Care Foundation Inc 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
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What is the mission statement of Cambridge Medical Care Foundation Inc?
Cambridge Medical Care Foundation Inc's mission is centered around planning and providing medical care and various human services to benefit those who are sick, injured, or suffering from illness. The organization also plays a role in medical education and the training of personnel involved in health services. It is committed to advancing scientific knowledge through research. Furthermore, the foundation actively participates in planning and promoting the overall mental and physical health and human needs of the community.
Who is the CEO of Cambridge Medical Care Foundation Inc?
Richard J Pels Md is the President of Cambridge Medical Care Foundation Inc.
What is the revenue of Cambridge Medical Care Foundation Inc?
Cambridge Medical Care Foundation Inc's revenue in 2022 was $94,835.
Who are the executives of Cambridge Medical Care Foundation Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Cambridge Medical Care Foundation Inc?
Cambridge Medical Care Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Cambridge Medical Care Foundation Inc
Cambridge Medical Care Foundation Inc is dedicated to planning for the provision of medical care and other essential human services. Their mission extends to benefiting individuals who are sick, injured, or suffering from illness. The organization also plays a significant role in medical education, aiding in the education of personnel engaged in health services. Furthermore, Cambridge Medical Care Foundation Inc contributes to advancing scientific knowledge through research. Lastly, they actively participate in planning for and promoting the general mental and physical health, as well as the overall human needs of the community.
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Impact
October, 2024
Cambridge Medical Care Foundation Inc significantly impacts the community by enhancing access to medical care and education. Through its collaboration with Cambridge Hospital and Harvard Medical School, the foundation serves as a vital resource for healthcare services, benefiting the sick and injured.
The foundation focuses on planning and providing comprehensive medical care, ensuring that various health needs are met, particularly for those suffering from illness. It plays a crucial role in medical education, helping to train personnel engaged in health services, which is essential for maintaining high standards of care.
Moreover, the foundation advances scientific knowledge through research initiatives, contributing to the broader medical community's understanding and treatment of health issues. By promoting both physical and mental health, the foundation actively engages in initiatives that address the human needs of the community, ensuring a holistic approach to health and well-being. Overall, its multifaceted efforts foster a healthier community and prepare future healthcare professionals to meet evolving challenges in medical care.
This information is meant to be a general summary of Cambridge Medical Care Foundation Inc. 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: $3,200
- Gross Receipts: $94,835
Assets and Liabilities:
- Total Assets: $578,165
- Total Liabilities: $0
- Net Assets: $578,165
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEDICAL MANAGEMENT
Revenue
$3,200
Organization Details
Founding Year
1981
Phone
(617) 665-1017Principal Officer
Richard J Pels Md
Main Address
1493 CAMBRIDGE STREET, CAMBRIDGE, MA, 02139
NTEE Category
Code: E22I - Health
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