Overview
What is Madison Environmental Resourcing Inc?
Madison Environmental Resourcing Inc (MERI) is a fully licensed and insured company based in Waunakee, Wisconsin, offering cost-effective and safe medical waste disposal services. They primarily cater to organizations within the healthcare industry, managing the disposal of regulated medical waste, laboratory waste, pharmaceutical waste, pathological and chemotherapy waste, and sharp and hazardous waste. MERI's mission is to provide environmentally safe medical waste disposal services at a reasonable cost, allowing their clients to focus on patient care. The organization currently employs 18 individuals.
Official website here: www.meriinc.com
What are the reviews and ratings of this charity?
Charity Navigator Rating 77% - Three-Star out of Four Star Rating
Madison Environmental Resourcing Inc has achieved a Three-Star rating from Charity Navigator, reflecting a solid performance primarily in Accountability and Finance. The organization demonstrates a commendable commitment to transparency, with an independent board and no material diversion of assets. Additionally, its high program expense ratio of 87.20% indicates that a significant portion of its resources is directed towards its programs, which is a positive sign for potential donors.
However, the organization has some limitations, notably the absence of a whistleblower policy, which could affect perceptions of its governance practices. While the board composition and size meet optimal standards, the lack of this policy may raise concerns regarding internal oversight and protection for individuals reporting misconduct. Addressing this gap could enhance the nonprofit's accountability and overall rating in the future.
Overall, Madison Environmental Resourcing Inc showcases strengths in financial management and board independence, but attention to governance policies could further bolster its operational integrity. This balance could make it an appealing option for donors looking for responsible and effective environmental initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Madison Environmental Resourcing Inc legitimate?
Madison Environmental Resourcing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Madison Environmental Resourcing 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: $243,480
Professional Fundraising Fees: $0
Other Salaries and Wages: $609,965
For more financial information, click here
Official website here: www.meriinc.com
What is the mission statement of Madison Environmental Resourcing Inc?
The mission of Madison Environmental Resourcing Inc. is to offer environmentally safe and cost-effective medical waste disposal services, enabling healthcare organizations to allocate their resources towards patient care. The company, specializing in the disposal of various medical waste types, including infectious, laboratory, pharmaceutical, pathological, chemotherapy, sharp, and hazardous waste, ensures the safe disposal of waste generated by member organizations within the healthcare industry.
Official website here: www.meriinc.com
Who is the CEO of Madison Environmental Resourcing Inc?
Keith Olson is the President of Madison Environmental Resourcing Inc.
Official website here: www.meriinc.com
What is the revenue of Madison Environmental Resourcing Inc?
Madison Environmental Resourcing Inc's revenue in 2023 was $2,576,768.
Official website here: www.meriinc.com
Who are the executives of Madison Environmental Resourcing Inc and what are their salaries?
The average compensation at Madison Environmental Resourcing Inc during 2023 was $47,414. There are 18 employees and 6 volunteers at Madison Environmental Resourcing Inc.
Here are 8 key members and their salaries:
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- Compensation: $155,645
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- Other: $32,258
- Compensation: $43,577
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Official website here: www.meriinc.com
Where can I find the form 990 for Madison Environmental Resourcing Inc?
Madison Environmental Resourcing Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.meriinc.com
Learn more at the official website: www.meriinc.com
Mission Statement of Madison Environmental Resourcing Inc
Madison Environmental Resourcing Inc, a fully licensed and insured medical waste removal and disposal company, is dedicated to serving hospitals, clinics, and skilled nursing homes. The organization's mission is to provide innovative, environmentally safe medical waste disposal services at a low cost, allowing its customers to allocate resources towards patient care.
Madison Environmental Resourcing Inc (MERI) specializes in cost-effective and safe methods for the disposal of medical infectious waste generated by member organizations within the healthcare industry. Beyond regulated medical waste disposal, MERI offers disposal and destruction services for a variety of waste types, including laboratory waste, red bag waste, pharmaceutical waste, pathological and chemotherapy waste, and sharp and hazardous waste.
By focusing on environmentally friendly practices and efficient service, MERI enables healthcare providers to effectively manage their waste disposal needs, allowing them to concentrate on what truly matters: providing quality care to their patients.
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Impact
June, 2024
Madison Environmental Resourcing Inc, as a fully licensed and insured medical waste removal and disposal company servicing hospitals, clinics, and skilled nursing homes, has a significant impact on promoting environmental safety in the healthcare industry. By providing cost-effective and safe methods for the disposal of medical infectious waste, laboratory waste, red bag waste, pharmaceutical waste, pathological and chemotherapy waste, as well as sharp and hazardous waste, MERI plays a crucial role in ensuring proper management of potentially harmful materials.
Through its services, Madison Environmental Resourcing Inc helps member organizations in the healthcare sector adhere to regulations and guidelines while minimizing their environmental footprint. By offering innovative and environmentally safe disposal solutions at a low cost, MERI enables its customers to redirect their resources towards patient care, ultimately contributing to the overall well-being of communities and the preservation of the environment.
This information is meant to be a general summary of Madison Environmental Resourcing 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 2023.
- Investment Income: $2,378
- Program Service Revenue: $2,492,746
- Gross Receipts: $2,663,789
Assets and Liabilities:
- Total Assets: $4,798,344
- Total Liabilities: $1,303,873
- Net Assets: $3,494,471
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
WASTE DISPOSAL FEES
Revenue
$2,045,281
OTHER PROGRAM SERVICES
Revenue
$447,465
Organization Details
Founding Year
1985
Phone
(608) 257-7652Principal Officer
Keith Olson
Main Address
800 UNIEK DRIVE, WAUNAKEE, WI, 53597
Website
www.meriinc.comNTEE Category
Code: C200 - Environment
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