Overview
What is The Medical Letter Inc?
The Medical Letter Inc is a nonprofit organization situated in New Rochelle, New York, with a primary focus on education. It publishes a newsletter titled "The Medical Letter," which is distributed bi-weekly on a subscription basis to a wide range of professional and student groups. With over 100,000 subscribers, this educational organization aims to disseminate valuable information to its audience, contributing to their knowledge and understanding in their respective fields. The organization employs a team of 23 individuals, demonstrating its commitment to its mission.
Official website here: www.medicalletter.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
The Medical Letter Inc has received an 81% rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization has demonstrated a high level of transparency and good governance practices, with a fully independent board and robust financial oversight mechanisms in place.
One of the notable strengths of The Medical Letter Inc is its high program expense ratio of 85.56%, indicating that a significant majority of its funds are directed towards its programs rather than administrative costs. Additionally, the charity has a solid track record of maintaining ethical standards, as evidenced by its comprehensive policies on conflict of interest and whistleblower protections.
However, while the overall financial practices are commendable, the rating is solely based on the accountability and finance beacon. There may be additional aspects of the organization’s effectiveness or programmatic impact that are not captured in this score. Therefore, potential supporters might want to consider further information regarding the outcomes of the programs offered.
This AI summary has been generated from information found on Charity Navigator.
Is The Medical Letter Inc legitimate?
The Medical Letter Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Medical Letter 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: $736,883
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,755,585
For more financial information, click here
Official website here: www.medicalletter.org
What is the mission statement of The Medical Letter Inc?
The Medical Letter Inc's primary mission is to disseminate valuable medical information to various professional and student groups. They accomplish this by publishing a newsletter titled "The Medical Letter," which is distributed every other week on a subscription basis. This educational organization, classified as a Section 501(c)(3), boasts a circulation of over 100,000 subscribers. The newsletter serves as a reliable source of updates and insights for professionals in the medical field, contributing to their continuous learning and improvement.
Official website here: www.medicalletter.org
What is the revenue of The Medical Letter Inc?
The Medical Letter Inc's revenue in 2023 was $4,324,997.
Official website here: www.medicalletter.org
Who are the executives of The Medical Letter Inc and what are their salaries?
The average compensation at The Medical Letter Inc during 2023 was $113,294. There are 22 employees at The Medical Letter Inc.
Here are 12 key members and their salaries:
- Compensation: $294,518
- Related: $0
- Other: $30,391
- Compensation: $341,998
- Related: $0
- Other: $33,143
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $161,166
- Related: $0
- Other: $19,330
- Compensation: $144,009
- Related: $0
- Other: $5,055
- Compensation: $143,317
- Related: $0
- Other: $6,206
- Compensation: $149,150
- Related: $0
- Other: $5,466
- Compensation: $130,510
- Related: $0
- Other: $4,714
- Compensation: $130,510
- Related: $0
- Other: $4,714
- Compensation: $50,000
- Related: $0
- Other: $0
Official website here: www.medicalletter.org
Where can I find the form 990 for The Medical Letter Inc?
The Medical Letter Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.medicalletter.org
Learn more at the official website: www.medicalletter.org
Mission Statement of The Medical Letter Inc
The Medical Letter Inc, a 501(c)(3) educational organization, is dedicated to the publication of "The Medical Letter," a newsletter distributed every other week on a subscription basis. This organization targets various professional and student groups with this educational resource. With a circulation exceeding 100,000, The Medical Letter Inc plays a significant role in disseminating vital information to its subscribers, contributing to their knowledge and understanding in their respective fields.
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Impact
July, 2024
The impact of The Medical Letter Inc is primarily seen through the publication of its newsletter, "The Medical Letter," which is distributed every other week on a subscription basis to various professional and student groups. With a circulation of over 100,000, this newsletter plays a significant role in educating and informing healthcare professionals about the latest advancements, research, and guidelines in the medical field. By providing up-to-date and unbiased information, The Medical Letter Inc helps improve healthcare practices and ultimately contributes to better patient outcomes.
This information is meant to be a general summary of The Medical Letter 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 2023.
- Investment Income: $48,615
- Program Service Revenue: $4,207,305
- Gross Receipts: $4,863,196
Assets and Liabilities:
- Total Assets: $4,194,246
- Total Liabilities: $3,303,672
- Net Assets: $890,574
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SUBSCRIPTIONS
Revenue
$4,207,305
Organization Details
Founding Year
1959
Principal Officer
Jean-Marie Pflomm
Website
www.medicalletter.orgNTEE Category
Code: A330 - Arts
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