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American Medical Resources Foundation

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

EIN: 222939305 ✦ Fall river, MA ✦ Designated as a 501(c)(3)

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Overview

What is American Medical Resources Foundation?

American Medical Resources Foundation is a compassionate nonprofit organization situated in Fall River, Massachusetts. Their primary mission is to enhance the healthcare facilities of underprivileged communities worldwide. By procuring and donating used medical equipment, they contribute to hospitals in various countries such as Nigeria, Guatemala, Peru, Somalia, and the Dominican Republic. Beyond donations, they also provide training for personnel responsible for maintaining these medical devices and offer consultations on hospital design. With a modest workforce of one individual, American Medical Resources Foundation demonstrates a commitment to improving global health standards.


Official website here: www.amrf.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 97% (Four-Star out of Four Stars)

The American Medical Resources Foundation has earned a Four-Star rating from Charity Navigator, reflecting its strong accountability and finance practices. The organization scored an impressive 97%, with a perfect score in several key areas, including independent board member composition and the absence of material asset diversion. This high rating indicates a well-managed organization that demonstrates a commitment to transparency and ethical governance.

The foundation has maintained a strong program expense ratio of 87.99%, suggesting that a significant percentage of its funds directly support its mission. Additionally, the organization has implemented comprehensive policies, such as conflict of interest and whistleblower policies, which underscore its dedication to maintaining integrity and accountability. The presence of documented board meeting minutes further enhances its commitment to transparency.

While the organization has demonstrated robust financial and operational strengths, it's important for potential donors and stakeholders to consider the impact and effectiveness of its programs in the community as well. Overall, the American Medical Resources Foundation stands out for its solid governance and financial health, making it a trustworthy choice for donors looking to support a nonprofit with a strong reputation.


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

Is American Medical Resources Foundation legitimate?

American Medical Resources Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Medical Resources Foundation 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: $51,155
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.amrf.com

What is the mission statement of American Medical Resources Foundation?

The American Medical Resources Foundation aims to enhance the healthcare of underprivileged communities globally. They accomplish this by donating medical equipment to hospitals serving these communities. Additionally, they provide training for personnel responsible for maintaining the equipment and offer consultations on hospital design. Their mission extends beyond equipment donation, as they strive to improve the overall healthcare infrastructure in various nations, including Nigeria, Guatemala, Peru, Somalia, and the Dominican Republic, often transporting the equipment via ocean freight.


Official website here: www.amrf.com

Who is the CEO of American Medical Resources Foundation?

Thomas Magliocchetti is the Principal Officer of American Medical Resources Foundation. The CEO's salary of American Medical Resources Foundation is $51,155 and their total compensation is $51,155.


Official website here: www.amrf.com

What is the revenue of American Medical Resources Foundation?

American Medical Resources Foundation's revenue in 2022 was $32,570.


Official website here: www.amrf.com

Who are the executives of American Medical Resources Foundation and what are their salaries?

The average compensation at American Medical Resources Foundation during 2022 was $51,155. There is 1 employee at American Medical Resources Foundation.


Here are 9 key members and their salaries (American Medical Resources Foundation's CEO's salary is $51,155 and their total compensation is $51,155):


Barney Kay (Chairman Emeritus)
  • Compensation: $0
  • Related: $0
  • Other: $0
Magliocchetti Thomas (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sologaistoa Victor (President & Ceo)
  • Compensation: $51,155
  • Related: $0
  • Other: $0
Edens Myra (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cunningham Steve (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rybac Md Natasha (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sologaistoa Carol (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Walsh Michael (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hough Mdphd Patricia (Medical Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.amrf.com

Where can I find the form 990 for American Medical Resources Foundation?

American Medical Resources Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.amrf.com

Learn more at the official website: www.amrf.com

Mission Statement of American Medical Resources Foundation

The American Medical Resources Foundation is dedicated to enhancing the healthcare of underserved communities worldwide. Their mission is threefold: firstly, they donate necessary medical equipment to hospitals in various countries, including Nigeria, Guatemala, Peru, Somalia, and the Dominican Republic. Secondly, the organization trains local personnel responsible for maintaining this equipment, ensuring its continued functionality and effectiveness. Lastly, they provide consultation on the design of these hospitals, aiming to improve overall healthcare facilities and services in these communities. By implementing these initiatives, the American Medical Resources Foundation aims to improve the quality of healthcare in disadvantaged regions, ultimately contributing to better health outcomes for countless individuals.

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Impact




October, 2024

The American Medical Resources Foundation significantly enhances healthcare in underserved regions by procuring and donating used medical supplies and equipment to hospitals in developing countries. Their efforts extend to countries like Nigeria, Guatemala, Peru, Somalia, and the Dominican Republic, where they facilitate not just the provision of essential medical equipment but also the ocean freight logistics needed to deliver these resources.

By improving access to medical equipment, they empower local healthcare facilities to offer better services to their communities. In addition to equipment donation, they prioritize training personnel responsible for maintaining this equipment, ensuring sustainable use and maximizing impact. Moreover, the organization provides consultation on hospital design, further enhancing the infrastructure necessary for effective healthcare delivery.

Through these multi-faceted initiatives, the American Medical Resources Foundation plays a crucial role in strengthening healthcare systems and improving health outcomes for vulnerable populations across the globe.




This information is meant to be a general summary of American Medical Resources Foundation. 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
$32,570 (2022)
Expenses
$65,183 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $32,570

Assets and Liabilities:

  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0

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Organization Details

Founding Year

1988

Principal Officer

Thomas Magliocchetti

Main Address

35 SALEM STREET, FALL RIVER, MA, 02721

NTEE Category

Code: Q300 - International

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