Overview
What is American Institute For Medical And Biological Engineering Inc?
The American Institute For Medical And Biological Engineering Inc, located at 1400 I Street NW, Washington DC, is a nonprofit organization that plays a significant role in the medical and biological engineering sector. Their primary mission is to bring together the bioengineering community, engaging in public policy discussions and addressing concerns within the field. By doing so, they aim to promote an engineering-driven approach to improve people's health and overall quality of life. The organization also plays a part in recognizing excellence in medical and biological engineering, and educates the public about these fields.
Official website here: www.aimbe.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star rating.
The American Institute For Medical And Biological Engineering Inc has received an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. With a score of 96%, the organization demonstrates a high level of transparency and effective management practices, which are crucial for donor trust and support.
One of the notable strengths of this nonprofit is its governance structure, featuring a fully independent board of members. This independence ensures that decision-making is objective and aligned with the mission of the organization. Additionally, the institute scored perfectly in several areas, including financial audits and the absence of material diversion of assets, underscoring its commitment to ethical stewardship of resources.
However, while the organization shows a solid program expense ratio of 70.94%, indicating that a substantial portion of its funds directly supports its programs, potential donors may want to consider the overall impact and effectiveness of its initiatives. Despite this, the overall financial health and governance practices of the American Institute For Medical And Biological Engineering Inc position it as a trustworthy option for those looking to contribute to medical and biological engineering efforts.
This AI summary has been generated from information found on Charity Navigator.
Is American Institute For Medical And Biological Engineering Inc legitimate?
American Institute For Medical And Biological Engineering Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Institute For Medical And Biological Engineering 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: $263,448
Professional Fundraising Fees: $0
Other Salaries and Wages: $158,055
For more financial information, click here
Official website here: www.aimbe.org
What is the mission statement of American Institute For Medical And Biological Engineering Inc?
The American Institute for Medical and Biological Engineering Inc's mission is centered on bringing together the bioengineering community, addressing public policy issues, and advocating for an engineering approach to improve human health and quality of life. Their objective is to unify this community, engage in policy discussions, and promote the use of engineering solutions to enhance health and well-being. This organization also strives to recognize and celebrate excellence in the fields of medical and biological engineering, while educating the public about these sectors.
Official website here: www.aimbe.org
Who is the CEO of American Institute For Medical And Biological Engineering Inc?
Milan Yager is the President of American Institute For Medical And Biological Engineering Inc.
Official website here: www.aimbe.org
What is the revenue of American Institute For Medical And Biological Engineering Inc?
American Institute For Medical And Biological Engineering Inc's revenue in 2022 was $1,034,677.
Official website here: www.aimbe.org
Who are the executives of American Institute For Medical And Biological Engineering Inc and what are their salaries?
There 370 volunteers at American Institute For Medical And Biological Engineering Inc.
Here are 12 key members and their salaries:
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- Compensation: $263,447
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Official website here: www.aimbe.org
Where can I find the form 990 for American Institute For Medical And Biological Engineering Inc?
American Institute For Medical And Biological Engineering Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.aimbe.org
Learn more at the official website: www.aimbe.org
Mission Statement of American Institute For Medical And Biological Engineering Inc
The American Institute for Medical and Biological Engineering Inc is committed to bringing unity within the bioengineering community. Its primary mission is to tackle public policy concerns and promote the engineering approach as a means to improve people's health and quality of life. By working closely with other organizations, this institution plays a significant role in recognizing excellence in the fields of medical and biological engineering. Furthermore, it strives to educate the public about these fields, highlighting their importance and potential for positive impact.
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Impact
October, 2024
The American Institute for Medical and Biological Engineering Inc plays a crucial role in enhancing health and quality of life through the unification of the bioengineering community. By addressing public policy and concerns, the organization fosters collaboration among professionals, driving innovation in medical and biological engineering. Through its efforts to recognize excellence in the field, it educates the public about the importance of engineering advancements in healthcare. This focus not only promotes awareness but also encourages the development of solutions that can significantly impact disease management and treatment. In its mission, the organization actively works to ensure that engineering approaches are integral to improving health outcomes.
This information is meant to be a general summary of American Institute For Medical And Biological Engineering 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: $173,377
- Program Service Revenue: $33,316
- Gross Receipts: $1,034,677
Assets and Liabilities:
- Total Assets: $4,010,038
- Total Liabilities: $647,662
- Net Assets: $3,362,376
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Sponsorships
Revenue
$5,950
Registration fees
Revenue
$27,366
Organization Details
Founding Year
1991
Phone
(202) 496-9660Principal Officer
Milan Yager
Main Address
1400 I Street NW, Washington, DC, 200052259
Website
www.aimbe.orgNTEE Category
Code: G92Z - Disease
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