Overview
What is Dmc Foundation?
The Dmc Foundation, situated in Detroit, Michigan, is a charitable organization dedicated to enhancing public welfare. Its mission encompasses supporting research, education, and community benefit activities. Specifically, the foundation focuses on promoting health-related services, particularly for indigent, underserved individuals and families residing in the metropolitan Detroit area. This includes providing medical, healthcare, and disease prevention services at institutions such as Children's Hospital, Receiving Hospital, Sinai-Grace Hospital, Harper University Hospital, Hutzel Women's Hospital, Kresge Eye Institute, Huron Valley-Sinai Hospital, and the Rehabilitation Institute of Michigan. The foundation aims to facilitate these services and promote the well-being of the local community.
Is Dmc Foundation legitimate?
Dmc Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dmc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Dmc Foundation?
The Dmc Foundation is committed to bettering the general public's welfare by supporting research, education, and community benefit activities. The primary objective of the foundation is to operate for charitable, scientific, and educational purposes. It aims to promote public welfare through the facilitation of medical, healthcare, and disease prevention services to underserved individuals, with a focus on benefiting those in the metropolitan Detroit area, including those receiving care at Detroit Medical Center institutions. The foundation's activities may also involve encouraging and supporting the provision of essential healthcare services to indigent and underprivileged individuals and families.
What is the revenue of Dmc Foundation?
Dmc Foundation's revenue in 2023 was $2,506,181.
Who are the executives of Dmc Foundation and what are their salaries?
There 7 volunteers at Dmc Foundation.
Here are 17 key members and their salaries:
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- Related: $638,226
- Other: $51,905
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- Related: $244,708
- Other: $34,646
- Compensation: $0
- Related: $153,949
- Other: $27,813
Where can I find the form 990 for Dmc Foundation?
Dmc Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Dmc Foundation
The Dmc Foundation is committed to enhancing the well-being of the general public by funding research, education, and community benefit activities. Its primary aim is to operate for charitable, scientific, and educational purposes, with a focus on promoting public welfare. The foundation specifically supports the encouragement and facilitation of medical, healthcare, and disease prevention services to indigent, underserved individuals and families, with an emphasis on benefiting those in the metropolitan Detroit area. This includes individuals and families receiving care and treatment at Detroit Medical Center institutions, such as Children's Hospital, Receiving Hospital, Sinai-Grace Hospital, Harper University Hospital, Hutzel Women's Hospital, Kresge Eye Institute, Huron Valley-Sinai Hospital, and Rehabilitation Institute of Michigan.
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Impact
October, 2024
The DMC Foundation significantly enhances the well-being of the community by focusing on health-related research, education, and community benefit activities. Its efforts prioritize the provision of essential medical and healthcare services, particularly for indigent and underserved populations. By emphasizing support for individuals and families in the metropolitan Detroit area, the foundation plays a crucial role in ensuring that those receiving care at local institutions—such as the Detroit Medical Center and its affiliated hospitals—have access to vital health resources and disease prevention services. This commitment not only addresses immediate healthcare needs but also fosters overall community health and resilience, making a lasting impact on the public's welfare.
This information is meant to be a general summary of Dmc 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $1,560,982
- Gross Receipts: $62,276,140
Assets and Liabilities:
- Total Assets: $71,926,222
- Total Liabilities: $225,323
- Net Assets: $71,700,899
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Organization Details
Founding Year
2010
Principal Officer
Richard L Devore
NTEE Category
Code: E12 - Health
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