Overview
What is National Resident Matching Program?
The National Resident Matching Program is a nonprofit organization situated in Washington D.C. Its primary mission is to serve as a national clearinghouse, matching aspiring healthcare professionals, such as physicians, with the graduate education programs of their preference. In the fiscal year 2022, this program successfully matched 48,444 residents and fellowship applicants with their chosen training programs. The program's objective is to ensure a fair, efficient, transparent, and reliable matching process, providing reliable and accessible match data to stakeholders. Operating with a team of 35 individuals, the National Resident Matching Program plays a vital role in shaping the careers of future healthcare professionals.
Official website here: www.nrmp.org
What are the reviews and ratings of this charity?
The National Resident Matching Program is highly rated by Charity Navigator, earning a Four-Star out of Four Star rating with a score of 96%, bolstered by its strong accountability and finance practices. The rating reflects robust governance, including a fully independent board and comprehensive audit processes, highlighting the organization's commitment to transparency and financial integrity.
The organization's financial management is strong, with a liabilities to assets ratio of 12.86% and a program expense ratio of 77.20%, indicating efficient allocation of resources towards its mission. Key policies like conflict of interest, whistleblower, and document retention are in place, further supporting its high accountability score.
Although detailed user reviews from GreatNonprofits are unavailable, the existing data underlines a well-managed, financially sound organization prioritizing accountability and effective program delivery. The compensation for key personnel is disclosed, underscoring its transparency in operations.
This AI summary has been generated from information found on Charity Navigator.
Is National Resident Matching Program legitimate?
National Resident Matching Program is a legitimate nonprofit organization registered as a 501(c)(3) entity. National Resident Matching Program 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: $1,913,949
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,010,124
For more financial information, click here
Official website here: www.nrmp.org
What is the mission statement of National Resident Matching Program?
The National Resident Matching Program's mission is to facilitate the matching of healthcare professionals, including physicians, with graduate medical education and advanced training programs. They strive to ensure a fair, efficient, transparent, and reliable process for this matching. Additionally, they provide accessible and meaningful match data and analysis to relevant stakeholders. In the fiscal year 2022, this program successfully matched 48,444 residency and fellowship applicants with their chosen graduate education programs.
Official website here: www.nrmp.org
Who is the CEO of National Resident Matching Program?
Donna L Lamb Dhsc Mba Bsn is the CEO of National Resident Matching Program The CEO's salary of National Resident Matching Program is $588,480 and their total compensation is $654,174.
Official website here: www.nrmp.org
What is the revenue of National Resident Matching Program?
National Resident Matching Program's revenue in 2023 was $11,350,674.
Official website here: www.nrmp.org
Who are the executives of National Resident Matching Program and what are their salaries?
The average compensation at National Resident Matching Program during 2023 was $117,240. There are 42 employees and 24 volunteers at National Resident Matching Program.
Here are 34 key members and their salaries (National Resident Matching Program's CEO's salary is $588,480 and their total compensation is $654,174):
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- Compensation: $588,480
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- Compensation: $170,321
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- Other: $46,453
Official website here: www.nrmp.org
Where can I find the form 990 for National Resident Matching Program?
National Resident Matching Program's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.nrmp.org
Learn more at the official website: www.nrmp.org
Mission Statement of National Resident Matching Program
The National Resident Matching Program, abbreviated as NRMP, is committed to a mission that is multifaceted. Its primary objective is to facilitate the matching of residency and fellowship applicants with the training programs of their preference. This process is designed to be fair, efficient, transparent, and reliable. Beyond this, NRMP aims to provide stakeholders with meaningful and accessible match data and analysis. By serving as a national clearinghouse, NRMP organizes and conducts a matching process for physicians and other health professionals, aligning them with graduate medical education programs that suit their interests. In the fiscal year 2022, a total of 48,444 residency and fellowship physician applicants were successfully matched through this program.
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Impact
October, 2024
The National Resident Matching Program (NRMP) significantly impacts the healthcare landscape by efficiently connecting residency and fellowship applicants with their preferred training programs. By organizing a national clearinghouse for these matches, the NRMP ensures a fair and transparent process that helps streamline the entry of new physicians into the healthcare system.
In fiscal year 2022, the NRMP successfully matched 48,444 residency and fellowship applicants, demonstrating its critical role in shaping the future of medical education and training. The program fosters a structured and reliable pathway for healthcare professionals to pursue specialized education, ultimately enhancing the quality of care provided to patients.
Moreover, the NRMP contributes valuable data and analysis to various stakeholders, allowing institutions and policymakers to better understand trends within medical training and adjust programs accordingly. This data-driven approach helps ensure that the matching process remains responsive to the evolving needs of the healthcare workforce, supporting both applicants and training programs in making informed decisions.
Through its commitment to an accessible and efficient matching process, the NRMP plays a vital role in maintaining a robust pipeline of qualified healthcare professionals, which is essential for addressing the diverse healthcare needs of the population.
This information is meant to be a general summary of National Resident Matching Program. 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: $1,266,374
- Program Service Revenue: $10,109,520
- Gross Receipts: $12,314,406
Assets and Liabilities:
- Total Assets: $29,346,137
- Total Liabilities: $3,774,457
- Net Assets: $25,571,680
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MATCHING PROGRAM
Revenue
$7,191,080
SPECIALITY MATCHING PR
Revenue
$2,803,215
NRMP CONFERENCE
Revenue
$115,225
Organization Details
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