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Phi Delta Epsilon Medical Foundation Inc

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

EIN: 311464684 ✦ Louisville, KY ✦ Designated as a 501(c)(3)

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Overview

What is Phi Delta Epsilon Medical Foundation Inc?

Phi Delta Epsilon Medical Foundation Inc is a nonprofit organization dedicated to offering educational support to its members, specifically those affiliated with the Phi Delta Epsilon fraternity. Their mission revolves around providing valuable educational resources, aiming to enhance the knowledge and skills of their fraternity members. The foundation operates as a means to foster continuous learning within the fraternity, contributing to their personal and professional growth.


Official website here: www.phide.org/foundation

What are the reviews and ratings of this charity?

Charity Navigator Rating: 62% (Two-Star out of Four Star rating)

The Phi Delta Epsilon Medical Foundation Inc received a 62% rating, indicating a need for improvement in areas related to accountability and finance. The score is primarily based on its adherence to financial standards and governance practices. Notably, the organization has 100% independent board members and no material diversion of assets, which are positive indicators of its governance structure.

However, the foundation faces significant challenges in its policies regarding conflict of interest, whistleblower protections, and document retention, all of which are marked as missing. These missing elements have contributed to a lower score in the overall accountability category, reflecting areas where the organization can enhance its operational transparency and compliance.

Additionally, while the foundation maintains a low liabilities-to-assets ratio and has a reasonable program expense ratio, there is room for improvement in its overall financial operations and reporting practices. Addressing these shortcomings could strengthen the foundation's credibility and effectiveness in achieving its mission.


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

Is Phi Delta Epsilon Medical Foundation Inc legitimate?

Phi Delta Epsilon Medical Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Phi Delta Epsilon Medical Foundation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.phide.org/foundation

What is the mission statement of Phi Delta Epsilon Medical Foundation Inc?

The Phi Delta Epsilon Medical Foundation Inc's mission is centered around providing educational resources. This is done with the primary goal of serving its members within the Phi Delta Epsilon fraternity. The organization focuses on delivering educational services, aiming to educate and empower its members. By doing so, it contributes to their personal and professional growth within the medical field. The foundation's activities are primarily geared towards supporting the educational needs of its fraternity members.


Official website here: www.phide.org/foundation

Who is the CEO of Phi Delta Epsilon Medical Foundation Inc?

Karen Katz is the Director of Phi Delta Epsilon Medical Foundation Inc.


Official website here: www.phide.org/foundation

What is the revenue of Phi Delta Epsilon Medical Foundation Inc?

Phi Delta Epsilon Medical Foundation Inc's revenue in 2022 was $50,841.


Official website here: www.phide.org/foundation

Who are the executives of Phi Delta Epsilon Medical Foundation Inc and what are their salaries?

There 5 volunteers at Phi Delta Epsilon Medical Foundation Inc.


Here are 5 key members and their salaries:


Brian Zachariah Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Soldinger Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Barnes Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Isaacs Md (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lowell Katz Md (President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.phide.org/foundation

Where can I find the form 990 for Phi Delta Epsilon Medical Foundation Inc?

Phi Delta Epsilon Medical Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.phide.org/foundation

Learn more at the official website: www.phide.org/foundation

Mission Statement of Phi Delta Epsilon Medical Foundation Inc

Phi Delta Epsilon Medical Foundation Inc is committed to fulfilling its mission by providing educational resources to its members belonging to the Phi Delta Epsilon fraternity. This nonprofit organization focuses on delivering educational services to its members, aiming to enhance their knowledge and skills in the medical field. By offering these resources, Phi Delta Epsilon Medical Foundation Inc contributes to the personal and professional growth of its members, ultimately benefiting the wider medical community.

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Impact




August, 2024

Phi Delta Epsilon Medical Foundation Inc's impact is centered around providing educational resources and services to members of the Phi Delta Epsilon fraternity. Their mission is to support the educational needs of their members, ultimately contributing to the development of future healthcare professionals. Through their initiatives, they aim to enhance the knowledge and skills of their members in the field of medicine, ultimately making a positive impact on the healthcare sector.




This information is meant to be a general summary of Phi Delta Epsilon Medical Foundation 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.

Revenue
$50,841 (2022)
Expenses
$18,214 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $46,243
  • Gross Receipts: $563,185

Assets and Liabilities:

  • Total Assets: $758,861
  • Total Liabilities: $0
  • Net Assets: $758,861

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Organization Details

Founding Year

1995

Principal Officer

Karen Katz

Main Address

714 LYNDON LANE 2, LOUISVILLE, KY, 40222

NTEE Category

Code: G03 - Disease

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