Overview
What is Friends Of The Medical College Of Wisconsin Inc?
Friends of the Medical College of Wisconsin Inc, situated in Milwaukee, Wisconsin, serves as an alumni association. Their primary purpose is to offer project support for the Medical College of Wisconsin. By doing so, they contribute to the institution's growth and development. Although the information provided is limited, it is clear that this nonprofit organization plays a significant role in backing the Medical College of Wisconsin.
Official website here: www.mcw.edu/mcw/giving/institutional-a
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating. The rating indicates that while Friends Of The Medical College Of Wisconsin Inc demonstrates some strong accountability and financial practices, there are significant areas for improvement. The organization has achieved a high score for its majority independent board members and has no material diversion of assets, which reflects a solid commitment to governance.
However, the organization lacks key policies such as a conflict of interest policy, a whistleblower policy, and document retention and destruction practices. These deficiencies have contributed to a reduced accountability score. Furthermore, the absence of publicly available board meeting minutes and tax forms on the nonprofit's website raises concerns about transparency.
On a positive note, the organization has an impressive program expense ratio of 90.69%, indicating that a significant portion of its funds is directed towards its programs. Despite the overall rating being below average, the strong financial management demonstrated in other areas suggests potential for improvement with enhanced governance practices.
This AI summary has been generated from information found on Charity Navigator.
Is Friends Of The Medical College Of Wisconsin Inc legitimate?
Friends Of The Medical College Of Wisconsin Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of The Medical College Of Wisconsin 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:
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Official website here: www.mcw.edu/mcw/giving/institutional-a
What is the mission statement of Friends Of The Medical College Of Wisconsin Inc?
Friends of the Medical College of Wisconsin is an alumni association with a mission to provide project support for the Medical College of Wisconsin. Their primary objective is to assist the medical college in various ways, aiming to contribute to its overall progress and development. The organization's efforts are geared towards enhancing the college's capabilities and capabilities, ultimately benefiting the medical field and the community at large. They act as a supportive network, working in tandem with the medical college to achieve its goals.
Official website here: www.mcw.edu/mcw/giving/institutional-a
Who is the CEO of Friends Of The Medical College Of Wisconsin Inc?
Margaret Haagensen is the President of Friends Of The Medical College Of Wisconsin Inc.
Official website here: www.mcw.edu/mcw/giving/institutional-a
What is the revenue of Friends Of The Medical College Of Wisconsin Inc?
Friends Of The Medical College Of Wisconsin Inc's revenue in 2022 was $119,903.
Official website here: www.mcw.edu/mcw/giving/institutional-a
Who are the executives of Friends Of The Medical College Of Wisconsin Inc and what are their salaries?
Here are 14 key members and their salaries:
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Official website here: www.mcw.edu/mcw/giving/institutional-a
Where can I find the form 990 for Friends Of The Medical College Of Wisconsin Inc?
Friends Of The Medical College Of Wisconsin Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mcw.edu/mcw/giving/institutional-a
Learn more at the official website: www.mcw.edu/mcw/giving/institutional-a
Mission Statement of Friends Of The Medical College Of Wisconsin Inc
Friends of the Medical College of Wisconsin, an alumni association based in Milwaukee, has a mission focused on providing project support for the Medical College of Wisconsin. This nonprofit organization aims to contribute to the success and growth of the Medical College, working collaboratively to achieve its goals and enhance its capabilities. By offering project support, Friends of the Medical College of Wisconsin plays a crucial role in fostering the development of healthcare professionals and advancing medical research and education. The association's mission is centered around strengthening the Medical College's standing and promoting its positive impact on the healthcare sector and the wider community.
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Impact
October, 2024
Friends Of The Medical College Of Wisconsin Inc plays a crucial role in supporting various projects and initiatives at the Medical College of Wisconsin. By fostering a strong alumni network, the organization enhances collaboration and engagement among graduates, which in turn strengthens the institution’s educational and research efforts. This support not only benefits current students and faculty but also contributes to the overall advancement of medical education and healthcare in the community.
The impact is seen in the enhanced educational resources, improved facilities, and innovative projects that arise from this alumni collaboration. This fosters a thriving academic environment, facilitates cutting-edge research, and ultimately leads to better healthcare outcomes in the region. Through its dedicated mission, Friends Of The Medical College Of Wisconsin Inc ensures that the institution continues to excel and adapt in a rapidly changing medical landscape.
This information is meant to be a general summary of Friends Of The Medical College Of Wisconsin 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.
- Investment Income: $119,103
- Gross Receipts: $471,490
Assets and Liabilities:
- Total Assets: $887,936
- Total Liabilities: $0
- Net Assets: $887,936
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Organization Details
Founding Year
1970
Phone
(414) 276-1567Principal Officer
Margaret Haagensen
Main Address
PO BOX 26509, MILWAUKEE, WI, 53226
NTEE Category
Code: B54I - Education
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