Overview
What is The Medical College Of Wisconsin Inc?
The Medical College of Wisconsin Inc, located at 8701 Watertown Plank Road in Milwaukee, Wisconsin, is a renowned nonprofit organization with a significant presence. With approximately 1,600 students enrolled, it offers degree-granting programs for around 1,023 medical students, 409 graduate students, 130 pharmacy students, and 53 Master of Science in Anesthesia students. The faculty at MCW supervises over 700 physicians in residency training and 200 physicians in fellowship training through its affiliated hospitals. The organization's mission is to foster the education and development of the next generation of physicians, contributing to the healthcare sector as a distinguished and innovative leader.
Official website here: www.mcw.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star Rating)
The Medical College of Wisconsin Inc has achieved a robust score of 96%, indicating a high level of accountability and financial health. This score is derived from its strong performance in various metrics, all contributing to its overall financial integrity. The charity stands out for having 88% independent board members and no material diversion of assets, which reinforces its commitment to ethical governance.
The organization’s financial oversight is commendable, with a solid liability to assets ratio of 27.64% and an impressive program expense ratio of 91.33%. These figures suggest that the majority of its funds are allocated directly to its programs, demonstrating effective use of resources. The existence of comprehensive policies, such as conflict of interest and whistleblower protections, further underscores its commitment to transparency and accountability.
While the data highlights several strengths, the summary does not specify areas for improvement or limitations, indicating a generally positive outlook. The Medical College of Wisconsin Inc appears to be a well-managed nonprofit with a strong emphasis on accountability and financial stewardship.
This AI summary has been generated from information found on Charity Navigator.
Is The Medical College Of Wisconsin Inc legitimate?
The Medical College Of Wisconsin Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Medical College Of Wisconsin 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: $12,980,417
Professional Fundraising Fees: $191,093
Other Salaries and Wages: $877,420,917
For more financial information, click here
Official website here: www.mcw.edu
What is the mission statement of The Medical College Of Wisconsin Inc?
The Medical College of Wisconsin (MCW) is recognized for its leadership and innovation in nurturing the next generation of physicians. With around 1,600 students pursuing degrees at MCW, the institution is home to 1,023 medical students, 409 graduate students, 130 pharmacy students, and 53 Master of Science in Anesthesia students. MCW's faculty oversees the training of over 700 physicians in residency programs and 200 physicians in fellowship programs through its affiliated hospitals. MCW's central focus is on educating and developing the next cohort of skilled medical professionals.
Official website here: www.mcw.edu
Who is the CEO of The Medical College Of Wisconsin Inc?
John R Raymond Sr Md is the Trustee/President And Ceo of The Medical College Of Wisconsin Inc. The CEO's salary of The Medical College Of Wisconsin Inc is $2,066,220 and their total compensation is $2,184,620.
Official website here: www.mcw.edu
What is the revenue of The Medical College Of Wisconsin Inc?
The Medical College Of Wisconsin Inc's revenue in 2022 was $1,613,951,767.
Official website here: www.mcw.edu
Who are the executives of The Medical College Of Wisconsin Inc and what are their salaries?
The average compensation at The Medical College Of Wisconsin Inc during 2022 was $120,569. There are 7385 employees and 26 volunteers at The Medical College Of Wisconsin Inc.
Here are 56 key members and their salaries (The Medical College Of Wisconsin Inc's CEO's salary is $2,066,220 and their total compensation is $2,184,620):
- Compensation: $2,996,895
- Related: $0
- Other: $53,522
- Compensation: $2,867,036
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- Other: $42,504
- Compensation: $2,066,220
- Related: $0
- Other: $118,400
- Compensation: $1,600,660
- Related: $0
- Other: $177,010
- Compensation: $1,518,050
- Related: $0
- Other: $42,611
- Compensation: $1,514,811
- Related: $0
- Other: $44,221
- Compensation: $1,466,159
- Related: $0
- Other: $54,139
- Compensation: $823,055
- Related: $0
- Other: $101,875
- Compensation: $858,259
- Related: $0
- Other: $45,252
- Compensation: $775,925
- Related: $0
- Other: $78,201
- Compensation: $614,443
- Related: $0
- Other: $80,832
- Compensation: $561,969
- Related: $0
- Other: $110,081
- Compensation: $520,347
- Related: $0
- Other: $101,682
- Compensation: $527,402
- Related: $0
- Other: $19,192
- Compensation: $469,737
- Related: $0
- Other: $46,864
- Compensation: $437,727
- Related: $0
- Other: $53,306
- Compensation: $424,388
- Related: $0
- Other: $57,109
- Compensation: $399,398
- Related: $0
- Other: $54,258
- Compensation: $379,488
- Related: $0
- Other: $53,645
- Compensation: $352,088
- Related: $0
- Other: $52,509
- Compensation: $314,387
- Related: $0
- Other: $35,102
- Compensation: $291,348
- Related: $0
- Other: $51,169
- Compensation: $312,178
- Related: $0
- Other: $26,738
- Compensation: $303,463
- Related: $0
- Other: $34,588
- Compensation: $303,850
- Related: $0
- Other: $33,690
- Compensation: $278,859
- Related: $0
- Other: $55,224
- Compensation: $262,994
- Related: $0
- Other: $46,419
- Compensation: $258,553
- Related: $0
- Other: $44,372
- Compensation: $188,888
- Related: $0
- Other: $36,551
- Compensation: $196,777
- Related: $0
- Other: $28,623
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Official website here: www.mcw.edu
Where can I find the form 990 for The Medical College Of Wisconsin Inc?
The Medical College Of Wisconsin Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mcw.edu
Learn more at the official website: www.mcw.edu
Mission Statement of The Medical College Of Wisconsin Inc
The Medical College of Wisconsin (MCW) stands out as a notable pioneer and trailblazer in the field of medical education, dedicating itself to the nurturing and development of the next generation of physicians. With around 1,600 students engaged in degree-granting programs, MCW fosters the growth of 1,023 medical students, 409 graduate students, 130 pharmacy students, and 53 Master of Science in Anesthesia students. MCW's faculty plays a pivotal role in overseeing the training of more than 700 physicians in residency programs and 200 physicians in fellowship programs through its affiliated hospitals.
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Impact
October, 2024
The Medical College of Wisconsin (MCW) significantly impacts healthcare education and workforce development. As a leader in the training of healthcare professionals, MCW enrolls approximately 1,600 students across various degree programs, including over 1,000 medical students, 400 graduate students, and those in pharmacy and anesthesia studies. This diverse educational environment fosters a new generation of skilled physicians and healthcare practitioners.
Additionally, MCW plays a crucial role in residency and fellowship training by supervising more than 700 physicians in residency and over 200 in fellowship programs through its affiliated hospitals. This extensive training network not only enhances the quality of medical education but also ensures an adequate supply of qualified healthcare providers, addressing regional and national healthcare needs. Through its commitment to education and innovation, MCW contributes to improved patient care and advances the medical field.
This information is meant to be a general summary of The Medical College Of Wisconsin 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: $242,478,995
- Program Service Revenue: $1,145,495,436
- Gross Receipts: $2,832,871,297
Assets and Liabilities:
- Total Assets: $2,894,883,838
- Total Liabilities: $883,251,925
- Net Assets: $2,011,631,913
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CLINICAL PRACTICE PLAN REVENUE
Revenue
$667,094,018
PHYSICIAN CONTRACTS/AFFILIATE SVCS
Revenue
$234,255,955
MEDICARE/MEDICAID PAYMENTS
Revenue
$115,594,606
MEDICAL INSTRUCTION TUITION AND FEES
Revenue
$76,953,033
NON-GOVERNMENTAL GRANTS AND CONTRACTS
Revenue
$47,557,487
Organization Details
Founding Year
1918
Phone
(414) 955-8665Principal Officer
John R Raymond Sr Md
Main Address
8701 Watertown Plank Road, Milwaukee, WI, 532263548
Website
www.mcw.eduNTEE Category
Code: B430 - Education
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