Overview
What is Medical Education Institute Inc?
Medical Education Institute Inc, a nonprofit organization based in Madison, Wisconsin, focuses on enhancing the lives of individuals with chronic diseases, particularly kidney patients. Their mission is to provide educational resources and conduct research to help patients better manage and improve their health. With a team of 10 dedicated individuals, they develop educational materials and websites, aiming to improve patient outcomes and promote effective partnerships between patients and healthcare providers. This nonprofit organization seeks to improve the longevity and quality of life for patients and enhance the quality of patient care by promoting a deeper understanding of complex illnesses among healthcare professionals.
Official website here: www.meiresearch.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84% (Three-Star out of Four Star rating)
The Medical Education Institute Inc has received a Three-Star rating from Charity Navigator, signifying a solid level of accountability and financial health with an overall score of 84%. This score is derived solely from the Accountability & Finance beacon, highlighting the importance of transparency and effective management in nonprofit operations.
Strengths of the organization include having a completely independent board, which represents a commitment to governance integrity. They also demonstrate strong financial oversight with no material diversion of assets reported and a favorable program expense ratio of 82.98%, indicating that a significant portion of their budget is allocated directly to their programs.
However, the organization does have some limitations, primarily related to missing policies that could enhance governance. The absence of a conflict of interest policy, whistleblower policy, and document retention policy raises concerns about the robustness of their operational safeguards. Additionally, their tax form is not posted on their website, which could affect transparency with their stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Medical Education Institute Inc legitimate?
Medical Education Institute Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Medical Education Institute 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: $116,312
Professional Fundraising Fees: $0
Other Salaries and Wages: $440,611
For more financial information, click here
Official website here: www.meiresearch.org
What is the mission statement of Medical Education Institute Inc?
The Medical Education Institute Inc, a non-profit organization, is committed to assisting individuals with chronic diseases in managing and enhancing their health. They achieve this goal through targeted education for both patients and healthcare professionals. The objective for patients is to enable them to comprehend their condition better, collaborate effectively with healthcare providers, and ultimately improve their longevity and quality of life. For professionals, the aim is to enhance the quality of patient care by fostering a deeper understanding of the complexities of illness and promoting the notion of mutual benefit in patient-provider partnerships.
Official website here: www.meiresearch.org
Who is the CEO of Medical Education Institute Inc?
Dorian Schatell is the Chair of Medical Education Institute Inc.
Official website here: www.meiresearch.org
What is the revenue of Medical Education Institute Inc?
Medical Education Institute Inc's revenue in 2022 was $1,222,459.
Official website here: www.meiresearch.org
Who are the executives of Medical Education Institute Inc and what are their salaries?
The average compensation at Medical Education Institute Inc during 2022 was $55,692. There are 10 employees and 6 volunteers at Medical Education Institute Inc.
Here are 7 key members and their salaries:
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- Compensation: $112,998
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- Other: $3,573
Official website here: www.meiresearch.org
Where can I find the form 990 for Medical Education Institute Inc?
Medical Education Institute Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.meiresearch.org
Learn more at the official website: www.meiresearch.org
Mission Statement of Medical Education Institute Inc
Medical Education Institute Inc, a non-profit organization, is dedicated to assisting individuals with chronic diseases in managing and enhancing their health. The institute achieves this mission through focused education for both patients and healthcare professionals. By equipping patients with a better understanding of their condition, they can work more effectively with their healthcare providers. This collaboration not only improves the patients' longevity but also enhances the quality of their lives.
For healthcare professionals, Medical Education Institute Inc strives to enhance the quality of patient care. This is achieved by fostering a deeper comprehension of the intricacies of illnesses. Furthermore, the institute promotes the notion that a full partnership in care, benefiting both patients and professionals, is mutually beneficial. By doing so, Medical Education Institute Inc aims to elevate the standard of care, ultimately improving the health and well-being of those living with chronic diseases.
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Impact
July, 2024
Medical Education Institute Inc is dedicated to helping people with chronic diseases learn to manage and improve their health. Through targeted education for patients and professionals, as well as systematic research, MEI aims to empower individuals to understand their conditions, partner effectively with healthcare providers, and enhance their longevity and quality of life. Additionally, by improving the quality of patient care through better understanding of illnesses, MEI promotes a full partnership in care for the benefit of both patients and professionals.
This information is meant to be a general summary of Medical Education Institute 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: $28,292
- Program Service Revenue: $521,735
- Gross Receipts: $1,291,763
Assets and Liabilities:
- Total Assets: $1,642,417
- Total Liabilities: $439,410
- Net Assets: $1,203,007
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SUBSCRIPTIONS
Revenue
$390,197
CONSULTING SERVICES
Revenue
$131,538
Organization Details
Founding Year
1992
Phone
(608) 833-8033Principal Officer
Dorian Schatell
Main Address
414 DONOFRIO DR 200, MADISON, WI, 53719
Website
www.meiresearch.orgNTEE Category
Code: Z99 - Unknown
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