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Open Medicine Foundation

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

EIN: 264712664 ✦ Agoura hills, CA ✦ Designated as a 501(c)(3)

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Overview

What is Open Medicine Foundation?

Open Medicine Foundation is a nonprofit organization situated in Agoura Hills, California. Its primary focus is to fund collaborative medical research and education for complex, multi-system chronic diseases. To achieve this, the foundation supports six research centers and fosters a network of medical experts, patients, and researchers, collaboratively working on targeted initiatives. Currently, their research efforts are concentrated on Myalgic Encephalomyelitis/Chronic Fatigue Syndrome (ME/CFS), Post-Treatment Lyme Disease, and Long COVID. The hope is that insights gained from these diseases may also provide answers to other chronic complex diseases with similar symptoms.


Official website here: www.omf.ngo

Is Open Medicine Foundation legitimate?

Open Medicine Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Open Medicine 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: $671,971
Professional Fundraising Fees: $0
Other Salaries and Wages: $160,185

For more financial information, click here


Official website here: www.omf.ngo

What is the mission statement of Open Medicine Foundation?

The Open Medicine Foundation's mission is centered around funding collaborative medical research and education for complex, chronic diseases. Specifically, they focus on multi-system conditions. The organization supports this mission by funding six collaborative research centers and bringing together a community of experts, including patients, clinicians, and researchers. Currently, their primary focus is on researching Myalgic Encephalomyelitis/Chronic Fatigue Syndrome (ME/CFS), Post-Treatment Lyme Disease, and Long COVID. By doing so, they hope to uncover solutions not only for these conditions but also for other multi-system chronic complex diseases that share similar symptoms.


Official website here: www.omf.ngo

Who is the CEO of Open Medicine Foundation?

Kimberly Hicks is the Ceo/President & Programs C of Open Medicine Foundation. The CEO's salary of Open Medicine Foundation is $265,668 and their total compensation is $270,668.


Official website here: www.omf.ngo

What is the revenue of Open Medicine Foundation?

Open Medicine Foundation's revenue in 2022 was $3,987,810.


Official website here: www.omf.ngo

Who are the executives of Open Medicine Foundation and what are their salaries?

The average compensation at Open Medicine Foundation during 2022 was $138,693. There are 6 employees and 9 volunteers at Open Medicine Foundation.


Here are 10 key members and their salaries (Open Medicine Foundation's CEO's salary is $265,668 and their total compensation is $270,668):


Linda Tannenbaum (Ceo/President & Programs C)
  • Compensation: $265,668
  • Related: $0
  • Other: $5,000
Kimberly Hicks (Cfo/Treasurer & Coo)
  • Compensation: $247,396
  • Related: $0
  • Other: $5,000
Jillian Payne (Chief Development Officer)
  • Compensation: $158,907
  • Related: $0
  • Other: $5,000
Patricia Linsley (Secretary (Thru July 2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Shai Held (Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deborah Rose (Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hany Zayed (Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vicki Shultz (Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deborah Gould (Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rp Channing Rodgers (Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.omf.ngo

Where can I find the form 990 for Open Medicine Foundation?

Open Medicine Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.omf.ngo

Learn more at the official website: www.omf.ngo

Mission Statement of Open Medicine Foundation

Open Medicine Foundation, a nonprofit organization, is dedicated to funding collaborative medical research and education for multi-system chronic complex diseases. Their mission is to bring together a community of experts, including patients, clinicians, and researchers, to tackle these complex illnesses. Currently, Open Medicine Foundation is focusing its efforts on researching Myalgic Encephalomyelitis/Chronic Fatigue Syndrome (ME/CFS), Post-Treatment Lyme Disease, and Long COVID. The organization hopes that these studies will not only provide answers for these specific conditions but also shed light on other multi-system chronic complex diseases that share similar symptoms. Open Medicine Foundation supports its research through six collaborative research centers and targeted initiatives, positioning itself as a leading voice in the fight against these debilitating illnesses.

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Impact




October, 2024

Open Medicine Foundation significantly advances the understanding and treatment of multi-system chronic complex diseases, particularly by focusing on myalgic encephalomyelitis/chronic fatigue syndrome (ME/CFS), post-treatment Lyme disease, and long COVID. The organization funds collaborative medical research across six specialized research centers, promoting innovative investigations that might uncover shared mechanisms underlying these conditions.

By fostering a community of thought leaders, patients, clinicians, and researchers, Open Medicine Foundation facilitates targeted initiatives that enhance knowledge and awareness. Their collaborative approach not only supports groundbreaking studies but also aims to provide answers for other diseases with similar symptoms, ultimately contributing to improved patient outcomes and transforming the landscape of chronic illness research.




This information is meant to be a general summary of Open Medicine 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
$3,987,810 (2022)
Expenses
$6,836,842 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$5,686
  • Gross Receipts: $3,987,810

Assets and Liabilities:

  • Total Assets: $8,684,671
  • Total Liabilities: $3,809,798
  • Net Assets: $4,874,873

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Organization Details

Founding Year

2009

Principal Officer

Kimberly Hicks

Main Address

29302 LARO DRIVE, AGOURA HILLS, CA, 91301

NTEE Category

Code: H12 - Medical research

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