Overview
What is Central Minnesota Diagnostic Inc?
Central Minnesota Diagnostic Inc is a nonprofit organization based in Milaca, Minnesota. Their primary mission is to offer diagnostic services to specific Section 501(c)(3) hospital organizations involved in healthcare activities. In 2022, they executed 362,865 procedures, including ultrasounds, mammographies, CT scans, nuclear medicine examinations, bone densitometry, and MRIs. These services contribute significantly to the medical care provided by the associated hospitals.
Official website here: www.cmdi.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96%, Four-Star out of Four Star rating.
Central Minnesota Diagnostic Inc has achieved an impressive Four-Star rating from Charity Navigator, indicating a high level of accountability and financial management. The organization scored 100% in the Accountability & Finance beacon, showcasing its commitment to transparency and effective governance. This rating reflects the sound practices in managing its finances and resources.
The charity boasts a robust independent board, with 91% of its members being independent, ensuring that the organization operates without conflicts of interest. It also demonstrates excellent fiscal responsibility, as evidenced by a low liabilities to assets ratio of 19.07% and a program expense ratio of 95.88%, indicating that a significant majority of its funds are directed towards its programs rather than administrative costs.
While the organization shows strong performance in various financial metrics and governance practices, there were no significant limitations reported in the data reviewed. Overall, Central Minnesota Diagnostic Inc stands out as a responsible and well-managed nonprofit with a focus on its mission and effective resource utilization.
This AI summary has been generated from information found on Charity Navigator.
Is Central Minnesota Diagnostic Inc legitimate?
Central Minnesota Diagnostic Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Central Minnesota Diagnostic 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.
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Official website here: www.cmdi.org
What is the mission statement of Central Minnesota Diagnostic Inc?
Central Minnesota Diagnostic Inc. is dedicated to offering diagnostic services to specific Section 501(c)(3) hospital organizations involved in healthcare activities. Through their expertise, they contribute significantly to the health sector by delivering accurate diagnoses that aid in effective treatment plans. In the year 2022, the organization carried out a substantial number of diagnostic procedures, including ultrasounds, mammograms, CT scans, nuclear medicines, bone densitometries, and MRIs, totaling 362,865 procedures. Their specialized services play a crucial role in the overall healthcare process, ensuring timely and accurate diagnoses for those in need.
Official website here: www.cmdi.org
Who is the CEO of Central Minnesota Diagnostic Inc?
Unavailable
Official website here: www.cmdi.org
What is the revenue of Central Minnesota Diagnostic Inc?
Central Minnesota Diagnostic Inc's revenue in 2022 was $44,581,584.
Official website here: www.cmdi.org
Who are the executives of Central Minnesota Diagnostic Inc and what are their salaries?
Here are 42 key members and their salaries:
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Official website here: www.cmdi.org
Where can I find the form 990 for Central Minnesota Diagnostic Inc?
Central Minnesota Diagnostic Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cmdi.org
Learn more at the official website: www.cmdi.org
Mission Statement of Central Minnesota Diagnostic Inc
Central Minnesota Diagnostic Inc. is a dedicated organization that offers diagnostic services to select Section 501(c)(3) hospital entities involved in healthcare activities. With a mission to contribute to the healthcare sector, this institution provides essential diagnostic procedures for these organizations. In the recent year of 2022, Central Minnesota Diagnostic Inc. executed a substantial number of diagnostic procedures, amounting to 362,865 instances, which included ultrasounds, mammographies, CT scanners, nuclear medicines, bone densitometries, and MRIs. The provision of these services plays a crucial role in enhancing the overall healthcare capabilities of the partnered hospital organizations and ultimately improving patient care.
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Impact
October, 2024
Central Minnesota Diagnostic Inc. plays a crucial role in enhancing healthcare services in the region by providing essential diagnostic procedures. In 2022, the organization performed an impressive 362,865 procedures, including ultrasounds, mammographies, CT scans, nuclear medicine, bone densitometry, and MRIs. These diagnostic services are vital for hospitals, particularly those categorized as Section 501(c)(3) organizations, ensuring that patients receive accurate and timely diagnoses essential for effective treatment.
Situated in Milaca, Minnesota, Central Minnesota Diagnostic Inc. is integral to the healthcare landscape, supporting both inpatient and outpatient services. By enabling hospitals to offer a wide range of diagnostic imaging, it significantly contributes to improved patient outcomes and overall health management in the community. The organization's focus on diagnostic services helps bridge the gap in access to essential healthcare, ultimately fostering a healthier population across Central Minnesota.
This information is meant to be a general summary of Central Minnesota Diagnostic 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $510,334
- Program Service Revenue: $44,071,250
- Gross Receipts: $44,631,788
Assets and Liabilities:
- Total Assets: $55,290,013
- Total Liabilities: $10,549,656
- Net Assets: $44,740,357
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Diagnostic Services
Revenue
$44,071,250
Organization Details
Founding Year
1986
Phone
(320) 983-6300Main Address
PO BOX 158, MILACA, MN, 563531221
Website
www.cmdi.orgNTEE Category
Code: E220 - Health
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