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Medical Learning Institute Inc

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

EIN: 205007618 ✦ Tarpon springs, FL ✦ Designated as a 501(c)(3)

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Overview

What is Medical Learning Institute Inc?

Medical Learning Institute Inc, based in Tarpon Springs, Florida, is a nonprofit organization dedicated to delivering continuing medical education to medical professionals. Through various means, they strive to facilitate the learning experience of medical professionals. They accomplish this mission by offering free audio conferences, distributing monographs, and organizing both national and small-group meetings featuring expert speakers. The organization, which employs a team of 13 individuals, is committed to fostering professional growth and development within the medical community.


Official website here: www.mlicme.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 58%, One-Star out of Four Star rating.

Medical Learning Institute Inc has received a low score of 58%, reflecting concerns primarily in the areas of accountability and finance. The organization has not met expectations in several key areas, including having an independent board and providing sufficient financial transparency. While it has successfully reported a lower liabilities to assets ratio and a high program expense ratio, the overall governance practices raise significant red flags.

Strengths of the organization include a high program expense ratio of nearly 92%, indicating that a large portion of its expenditures is directed towards its programs rather than administrative costs. However, the absence of independent board members and weaknesses in financial statement disclosures detract from its credibility. The presence of a conflict of interest policy and certain compliance measures are noted, but the lack of whistleblower and document retention policies highlights gaps in governance.

In summary, while Medical Learning Institute Inc demonstrates a commitment to program spending, its poor rating is largely a result of governance and transparency issues. Potential donors and stakeholders may want to approach the organization with caution, given the significant areas for improvement noted in the accountability and financial management practices.


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

Is Medical Learning Institute Inc legitimate?

Medical Learning Institute Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Medical Learning Institute 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: $491,235
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,013,655

For more financial information, click here


Official website here: www.mlicme.org

What is the mission statement of Medical Learning Institute Inc?

The Medical Learning Institute Inc is dedicated to supplying continuing medical education to healthcare professionals. They achieve this goal by offering free audio conferences, monographs, and organizing both national and small group meetings with expert speakers for participants. Through these means, the organization ensures that medical professionals have access to valuable learning opportunities and can stay updated in their respective fields.


Official website here: www.mlicme.org

Who is the CEO of Medical Learning Institute Inc?

Kristin M Gusack is the Executive Di of Medical Learning Institute Inc.


Official website here: www.mlicme.org

What is the revenue of Medical Learning Institute Inc?

Medical Learning Institute Inc's revenue in 2022 was $21,556,516.


Official website here: www.mlicme.org

Who are the executives of Medical Learning Institute Inc and what are their salaries?

The average compensation at Medical Learning Institute Inc during 2022 was $115,761. There are 13 employees at Medical Learning Institute Inc.


Here are 4 key members and their salaries:


Kristin M Gusack (Executive Di)
  • Compensation: $256,859
  • Related: $0
  • Other: $0
Christopher J Gusack (Cfo)
  • Compensation: $234,376
  • Related: $0
  • Other: $0
Meredith Anke (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Meredith Rogers (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.mlicme.org

Where can I find the form 990 for Medical Learning Institute Inc?

Medical Learning Institute Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.mlicme.org

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

Mission Statement of Medical Learning Institute Inc

Medical Learning Institute Inc, a non-profit organization, is dedicated to advancing the knowledge of medical professionals. It achieves this mission by offering a range of educational resources at no cost to participants.

The organization provides audio conferences, a valuable medium for continuing education, absolutely free of charge to attendees. In addition, monographs serve as comprehensive reference materials that are also provided free of charge to the participants. Furthermore, Medical Learning Institute Inc arranges both national and small group meetings with esteemed speakers, offering these opportunities for professional development without charge.

By offering these free resources, Medical Learning Institute Inc empowers medical professionals to expand their knowledge and stay informed about the latest advancements in their fields. The organization's commitment to providing continuous education is essential for maintaining high standards within the medical community and ensuring that healthcare professionals are equipped with the most up-to-date information to improve patient care.

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Impact




October, 2024

Medical Learning Institute Inc significantly enhances the knowledge and skills of medical professionals through its robust continuing medical education programs. By offering audio conferences, monographs, and seminars with expert speakers at no cost, the organization makes it easier for healthcare providers to access essential updates in their field. This approach not only fosters professional development but also promotes improved patient care as practitioners stay informed about the latest medical advancements and best practices. The Institute's commitment to providing these resources for free ensures that a wide range of medical professionals, regardless of their financial circumstances, can participate and benefit. This inclusive model contributes to a more knowledgeable healthcare workforce and ultimately supports better health outcomes in the community.




This information is meant to be a general summary of Medical Learning Institute 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.

Revenue
$21,556,516 (2022)
Expenses
$25,233,859 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $45,201
  • Program Service Revenue: $21,483,511
  • Gross Receipts: $21,556,516

Assets and Liabilities:

  • Total Assets: $4,526,793
  • Total Liabilities: $1,335,635
  • Net Assets: $3,191,158

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Organization Details

Founding Year

2006

Principal Officer

Kristin M Gusack

Main Address

40946 US HIGHWAY 19 NORTH 602, TARPON SPRINGS, FL, 34689

NTEE Category

Code: B60 - Education

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