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Macular Degeneration Association

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

EIN: 273025707 ✦ Sarasota, FL ✦ Designated as a 501(c)(3)

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Overview

What is Macular Degeneration Association?

The Macular Degeneration Association is a nonprofit organization situated in Sarasota, Florida. Their primary focus is to combat macular degeneration and diabetic macular edema, offering both in-person and virtual educational programs. These initiatives aim to equip individuals affected by these conditions, as well as their families and caregivers, with valuable information. They cover topics such as risk factors, genetic predispositions, diagnosis procedures, new treatment options, research findings, clinical trials, and drug advancements. Experts in the retina or optometry field lead these programs, allowing participants to interact directly with them and ask questions. The organization's mission is to discover a cure for macular degeneration and disseminate relevant research findings to aid those affected by the disease. It employs a team of 7 dedicated individuals.


Official website here: www.macularhope.org

What are the reviews and ratings of this charity?

82% rating from Charity Navigator.

The Macular Degeneration Association has received a Three-Star out of Four Star rating from Charity Navigator, indicating a generally positive assessment of its overall performance and financial health. With an Accountability & Finance score of 74%, the organization demonstrates sound financial practices and transparency. Notably, it has a strong Leadership & Adaptability score of 100%, reflecting effective governance and strategic planning. The organization is also proactive in collecting feedback from those it serves, enhancing its responsiveness and community engagement.

User feedback highlights the Association's commitment to education and support for individuals affected by macular degeneration. Many testimonials praise the informative programs offered, which feature expert speakers providing insights on treatments, research, and personal experiences with the disease. Attendees consistently report feeling more hopeful and empowered after participating in these events, suggesting that the organization plays a vital role in community education and support.

However, some limitations can be noted, particularly regarding its Funding Efficiency Ratio, which stands at $0.18, indicating a need for improvement in fundraising efforts relative to expenses. Despite this, the overwhelmingly positive feedback from clients and professionals suggests that the Macular Degeneration Association effectively fulfills its mission of educating and supporting those impacted by macular degeneration. Its programs remain highly valued and impactful within the communities it serves.


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

Is Macular Degeneration Association legitimate?

Macular Degeneration Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Macular Degeneration Association 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: $207,390
Professional Fundraising Fees: $79,302
Other Salaries and Wages: $326,558

For more financial information, click here


Official website here: www.macularhope.org

What is the mission statement of Macular Degeneration Association?

The Macular Degeneration Association, abbreviated as MDA, is committed to finding a cure for macular degeneration. They achieve this goal by disseminating research findings and conducting educational programs to support individuals impacted by this condition. The association organizes both in-person and virtual educational programs, providing valuable information to individuals affected by macular degeneration, diabetic macular edema, and their family members and caregivers. These programs feature experts in retina or optometry, offering insights on risk factors, genetic predisposition, diagnosis procedures, new treatment options, research advancements, clinical trials, and emerging drug developments. Participants have the opportunity to engage with these professionals and ask questions, thereby gaining a comprehensive understanding of the disease and its management.


Official website here: www.macularhope.org

Who is the CEO of Macular Degeneration Association?

Lawrence Hoffheimer is the Chairman Of The Board of Macular Degeneration Association.


Official website here: www.macularhope.org

What is the revenue of Macular Degeneration Association?

Macular Degeneration Association's revenue in 2022 was $2,894,097.


Official website here: www.macularhope.org

Who are the executives of Macular Degeneration Association and what are their salaries?

The average compensation at Macular Degeneration Association during 2022 was $76,278. There are 7 employees at Macular Degeneration Association.


Here are 5 key members and their salaries:


Lawrence Hoffheimer (Chairman Of The Board)
  • Compensation: $142,230
  • Related: $102,230
  • Other: $5,460
Donna Auger (Director)
  • Compensation: $144,000
  • Related: $0
  • Other: $0
Dustin Tenney (Employee)
  • Compensation: $77,424
  • Related: $36,898
  • Other: $19,399
Linda Patterson (Treasurer)
  • Compensation: $65,000
  • Related: $65,000
  • Other: $0
Amy Carroll (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.macularhope.org

Where can I find the form 990 for Macular Degeneration Association?

Macular Degeneration Association's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.macularhope.org

Learn more at the official website: www.macularhope.org

Mission Statement of Macular Degeneration Association

The Macular Degeneration Association, abbreviated as MDA, is dedicated to achieving a cure for macular degeneration. This nonprofit organization plays a significant role in disseminating research findings and conducting educational programs to support individuals affected by this eye disease. Their mission is multifaceted, involving the sharing of knowledge to help those grappling with macular degeneration and diabetic macular edema.

MDA's educational initiatives extend beyond traditional in-person programs, recognizing the need for accessibility. They offer virtual educational programs as well, catering to individuals who may not be able to attend live events. These programs provide valuable information to not only the individuals affected by macular degeneration but also to their family members and caregivers. Expert professionals in the field of retina or optometry lead these sessions, sharing insights on risk factors, genetic predisposition, proper diagnosis, new treatment options, research information, clinical trials, and new drug advances. Participants are presented with the opportunity to engage with these experts, posing questions and gaining a deeper understanding of the disease.

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Impact




October, 2024

The Macular Degeneration Association (MDA) plays a crucial role in combating macular degeneration by focusing on educational initiatives and the dissemination of research findings. Through a variety of in-person and virtual programs, MDA equips individuals affected by macular degeneration and diabetic macular edema with essential information about their condition. These programs address not only the needs of patients but also those of their family members and caregivers, creating a comprehensive support network.

MDA's events feature experts in the fields of retina and optometry, who provide insights on risk factors, genetic predisposition, accurate diagnosis, and the latest treatment options. Participants engage directly with these specialists, allowing them to ask questions and gain a deeper understanding of their conditions. By highlighting advancements in research, clinical trials, and new drug developments, MDA empowers individuals to make informed health decisions.

The association's commitment to education and research dissemination significantly impacts the lives of those affected by macular degeneration, fostering hope and promoting proactive health management within the community.




This information is meant to be a general summary of Macular Degeneration Association. 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
$2,894,097 (2022)
Expenses
$2,168,162 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $83,675
  • Gross Receipts: $2,894,097

Assets and Liabilities:

  • Total Assets: $4,842,918
  • Total Liabilities: $133,911
  • Net Assets: $4,709,007

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Organization Details

Founding Year

2010

Principal Officer

Lawrence Hoffheimer

Main Address

5969 Cattleridge Blvd STE 100, Sarasota, FL, 34232

NTEE Category

Code: H12 - Medical research

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