Overview
What is Indian American Medical Association Il Charitable Foundation Inc?
The Indian American Medical Association Il Charitable Foundation Inc is a nonprofit organization situated in Chicago, Illinois. Their primary mission is to extend free healthcare services to the underprivileged and uninsured population. They accomplish this mission through an ambulatory health center and community clinic, offering essential medical care to those in need. The organization's work is dedicated to improving the well-being of the community and ensuring access to quality healthcare for all, regardless of financial circumstances.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Star rating).
The Indian American Medical Association Il Charitable Foundation Inc has achieved an impressive score of 94%, reflecting a strong commitment to accountability and financial health. The rating is based entirely on a single beacon score, emphasizing the charity's transparency and effective governance, particularly with a fully independent board of directors.
Strengths highlighted include the foundation’s complete independence among board members, a solid program expense ratio of 84.34%, and a perfect score for policies on conflicts of interest and whistleblowing. Additionally, there have been no reported material diversions of assets, indicating stringent financial oversight and integrity in operations.
While the organization scores highly in various accountability metrics, the data does not specify any areas of concern or limitations. Overall, the foundation demonstrates a robust framework for managing resources effectively and providing support to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Indian American Medical Association Il Charitable Foundation Inc legitimate?
Indian American Medical Association Il Charitable Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Indian American Medical Association Il Charitable 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:
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Professional Fundraising Fees: $0
Other Salaries and Wages: $119,524
For more financial information, click here
What is the mission statement of Indian American Medical Association Il Charitable Foundation Inc?
The Indian American Medical Association Il Charitable Foundation's mission is centered around providing healthcare services. Specifically, they aim to offer free medical care to individuals who are financially disadvantaged and lack insurance coverage. This is accomplished through the operation of an ambulatory health center and community clinic. The organization's activities are geared towards serving this segment of society, thereby contributing to improved health and well-being.
Who is the CEO of Indian American Medical Association Il Charitable Foundation Inc?
Rajesh Chotalia is the Director of Indian American Medical Association Il Charitable Foundation Inc.
What is the revenue of Indian American Medical Association Il Charitable Foundation Inc?
Indian American Medical Association Il Charitable Foundation Inc's revenue in 2022 was -$63,776.
Who are the executives of Indian American Medical Association Il Charitable Foundation Inc and what are their salaries?
The average compensation at Indian American Medical Association Il Charitable Foundation Inc during 2022 was $8,537. There are 14 employees at Indian American Medical Association Il Charitable Foundation Inc.
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Where can I find the form 990 for Indian American Medical Association Il Charitable Foundation Inc?
Indian American Medical Association Il Charitable Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Indian American Medical Association Il Charitable Foundation Inc
The Indian American Medical Association Il Charitable Foundation is committed to providing essential healthcare services to individuals who are financially disadvantaged and lacking insurance coverage. In pursuit of this mission, the organization operates an ambulatory health center and a community clinic in Chicago, Illinois. By offering these facilities, the foundation aims to bridge the health disparities faced by the poor and uninsured population, ensuring that they receive necessary medical care. The Indian American Medical Association Il Charitable Foundation's work is instrumental in promoting well-being and improving the overall health of the underserved community.
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Impact
October, 2024
The Indian American Medical Association Il Charitable Foundation Inc plays a crucial role in enhancing healthcare accessibility for the underserved population in Chicago, IL. By offering free healthcare services through its ambulatory health center and community clinic, it addresses the urgent needs of the poor and uninsured. This impact is significant as it not only alleviates health disparities but also fosters a healthier community. The foundation's commitment to providing essential medical care ensures that individuals who may otherwise forego treatment due to financial constraints receive the necessary attention, improving overall public health outcomes in the region. Through its initiatives, it empowers individuals with the health resources they need to lead better lives.
This information is meant to be a general summary of Indian American Medical Association Il Charitable 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: -$321,101
- Gross Receipts: $1,500,035
Assets and Liabilities:
- Total Assets: $1,595,940
- Total Liabilities: $132
- Net Assets: $1,595,808
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Organization Details
Founding Year
1993
Phone
(773) 275-8630Principal Officer
Rajesh Chotalia
Main Address
2645 Peterson, Chicago, IL, 60659
NTEE Category
Code: E03 - Health
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