Overview
What is Colorado Association For Medical Equipment Service?
The Colorado Association for Medical Equipment Service is a nonprofit organization based in Denver, Colorado. Their primary mission involves providing insights into healthcare trends and playing a significant role in shaping policies. They successfully advocated for the passage of a new Colorado sales tax law, securing industry-friendly sales tax exemptions for most medical equipment services. Moreover, they managed to prevent potential Medicaid reimbursement reductions, safeguarding the financial interests of the medical equipment industry within the state. As a result, the Colorado Association for Medical Equipment Service contributes positively to the healthcare sector in Colorado.
Is Colorado Association For Medical Equipment Service legitimate?
Colorado Association For Medical Equipment Service is a legitimate nonprofit organization registered as a 501(c)(6) entity. Colorado Association For Medical Equipment Service submitted a form 990EZ, 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.
What is the mission statement of Colorado Association For Medical Equipment Service?
The Colorado Association for Medical Equipment Service focuses on providing relevant healthcare trend information and advocating for the industry. They were instrumental in the passage of a new Colorado sales tax law, securing sales tax exemptions for most products and services in the medical equipment sector. Additionally, they successfully prevented potential Medicaid reimbursement reductions, thereby safeguarding the financial stability of medical equipment service providers. While the organization does not have a traditional mission statement as such, its actions and initiatives clearly demonstrate a commitment to supporting and protecting the medical equipment service industry in Colorado.
Who is the CEO of Colorado Association For Medical Equipment Service?
Doug is the President of Colorado Association For Medical Equipment Service.
What is the revenue of Colorado Association For Medical Equipment Service?
Colorado Association For Medical Equipment Service's revenue in 2022 was $61,464.
Who are the executives of Colorado Association For Medical Equipment Service and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990EZ for Colorado Association For Medical Equipment Service?
Colorado Association For Medical Equipment Service's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Colorado Association For Medical Equipment Service
The Colorado Association for Medical Equipment Service is dedicated to providing valuable insights into healthcare trends. Beyond this, the organization has played a significant role in shaping policies within the state. Notably, it helped pass a new Colorado sales tax law, ensuring that most medical equipment products and services benefit from industry-friendly sales tax exemptions. Furthermore, the Colorado Association for Medical Equipment Service has taken proactive steps to prevent potential reductions in Medicaid reimbursements. By doing so, it has demonstrated its commitment to supporting the medical equipment service sector and ensuring sustainable operations for its members.
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Impact
October, 2024
The Colorado Association for Medical Equipment Service plays a crucial role in enhancing the medical equipment sector in Colorado. Through the provision of healthcare trend information, the organization empowers stakeholders to make informed decisions and adapt to evolving healthcare landscapes. A significant achievement includes the successful passage of a new state sales tax law that features industry-friendly exemptions for most medical products and services. This legislative victory not only supports local businesses but also ensures that essential medical equipment remains accessible to those in need.
Moreover, the association has been instrumental in preventing reductions in Medicaid reimbursement, safeguarding crucial funding for healthcare providers and patients alike. Located in Denver, the association actively engages with both legislative and community initiatives, ultimately working towards a stronger healthcare environment that benefits the entire community. Its efforts underscore a commitment to community improvement and the sustainability of medical services across the state.
This information is meant to be a general summary of Colorado Association For Medical Equipment Service. 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.
- Gross Receipts: $61,464
Assets and Liabilities:
- Total Assets: $26,267
- Total Liabilities: $0
- Net Assets: $26,267
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Organization Details
Principal Officer
Doug
Main Address
110 16TH STREET 1400, DENVER, CO, 80202
NTEE Category
Code: S41 - Community improvement
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