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Mad-Id Inc

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

EIN: 205591983 ✦ Troy, MI ✦ Designated as a 501(c)(3)

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Overview

What is Mad-Id Inc?

Mad-Id Inc, located in Troy, Michigan, is a nonprofit organization centered around providing medical education. They accomplish this through various meetings, conferences, and symposiums, fostering professional interaction and knowledge exchange in the fields of infectious diseases, pharmacotherapy, and antimicrobial stewardship. The organization hosts an annual conference, where healthcare professionals, including pharmacists and physicians, can apply recent research to patient care and antimicrobial stewardship. Mad-Id Inc's mission is to offer a wealth of educational opportunities in these areas, aiming to enhance medical knowledge and improve patient care.


Official website here: www.mad-id.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 73% (Two-Star out of Four Star rating)

Mad-Id Inc has a score of 73% from Charity Navigator, which reflects a Two-Star rating. This indicates that while the organization demonstrates some strengths in its accountability and financial practices, there are significant areas needing improvement. The charity enjoys a fully independent board, which is a positive point, but lacks essential financial statements and policies that are standard for accountability.

The organization has a high program expense ratio of 85.58%, suggesting that a majority of its expenditures are directed towards its programs rather than administrative costs. However, the absence of financial statements and crucial governance policies like a conflict of interest policy and document retention policy raises concerns about transparency and oversight.

Overall, while Mad-Id Inc maintains a majority independent board, its lack of comprehensive financial documentation and some governance policies hinders its overall accountability. Stakeholders may want to monitor these areas of improvement to ensure the organization's integrity and effectiveness.


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

Is Mad-Id Inc legitimate?

Mad-Id Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mad-Id 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: $40,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.mad-id.com

What is the mission statement of Mad-Id Inc?

Mad-Id Inc's mission is centered around providing medical education. This is accomplished through organized meetings, conferences, and symposiums, fostering interaction among professionals. The primary focus of Mad-Id Inc's educational efforts is in the domains of infectious diseases and pharmacotherapy, as well as antimicrobial stewardship. The annual Mad-Id conference serves as a platform, offering pharmacists and physicians the opportunity to engage in a three-day educational symposium. This event is specifically designed to apply recent research findings to patient care and antimicrobial stewardship.


Official website here: www.mad-id.com

Who is the CEO of Mad-Id Inc?

Michael J Rybak Pharmd is the Vice Preside of Mad-Id Inc.


Official website here: www.mad-id.com

What is the revenue of Mad-Id Inc?

Mad-Id Inc's revenue in 2023 was $542,621.


Official website here: www.mad-id.com

Who are the executives of Mad-Id Inc and what are their salaries?


Here are 3 key members and their salaries:


Kerry Laplante Pharmd (Vice Preside)
  • Compensation: $20,000
  • Related: $0
  • Other: $0
Michael J Rybak Pharmd (President)
  • Compensation: $20,000
  • Related: $0
  • Other: $0
Susan Davis Pharmd (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.mad-id.com

Where can I find the form 990 for Mad-Id Inc?

Mad-Id Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.mad-id.com

Learn more at the official website: www.mad-id.com

Mission Statement of Mad-Id Inc

Mad-Id Inc, a renowned organization, is committed to providing extensive educational opportunities in the domains of infectious diseases and pharmacotherapy, as well as antimicrobial stewardship. Their mission is to facilitate interactions among professionals through meetings, conferences, and symposiums, aiming to apply the latest research to patient care and antimicrobial stewardship. This annual event, known as the Mad-Id Conference, offers pharmacists and physicians the chance to participate in a three-day educational symposium, where they can delve into the most recent findings and apply them to enhance patient care and antimicrobial stewardship.

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Impact




July, 2024

Mad-ID Inc's impact lies in its provision of essential medical education through meetings, conferences, and symposiums. Specifically, its flagship event, the annual Mad-ID Conference, plays a crucial role in facilitating education and interaction among pharmacists and physicians. By offering a platform for exchanging knowledge and applying the latest research to patient care and antimicrobial stewardship, Mad-ID Inc significantly contributes to advancing healthcare practices in infectious diseases and pharmacotherapy. The organization's efforts ultimately enhance the capabilities of healthcare professionals and improve patient outcomes in the field of disease management.




This information is meant to be a general summary of Mad-Id 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
$542,621 (2023)
Expenses
$482,999 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $28,129
  • Program Service Revenue: $455,112
  • Gross Receipts: $721,523

Assets and Liabilities:

  • Total Assets: $1,145,511
  • Total Liabilities: $43,625
  • Net Assets: $1,101,886

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PROGRAM REGISTRATION FEES

Revenue

$247,676

ADVISORY BOARD FEES

Revenue

$180,636

EXHIBITOR FEES

Revenue

$18,800

MISC. PROGRAM REVENUE

Revenue

$8,000

Organization Details

Founding Year

2006

Principal Officer

Michael J Rybak Pharmd

Main Address

1315 ALMOND DRIVE, TROY, MI, 48098

NTEE Category

Code: G03 - Disease

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