Overview
What is Good Shepherd Medication Management?
Good Shepherd Medication Management is a nonprofit organization situated in Memphis, Tennessee. Their primary mission is to enhance the lives of uninsured individuals by offering affordable pharmacy services. They achieve this by accepting donated medications from hospitals, nursing homes, and individuals, and then properly redistribute these medications to their members on a monthly subscription basis or for free. The organization's work is driven by the belief in glorifying God and aims to improve the health and well-being of its members. With a small team of five dedicated individuals, Good Shepherd Medication Management demonstrates a commitment to making essential medications accessible to those in need.
Official website here: www.goodshephealth.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 66% (Two-Star out of Four Star Rating)
Good Shepherd Medication Management has received a Two-Star rating from Charity Navigator, indicating a moderate level of performance based on accountability and financial health. The overall score is derived entirely from the Accountability & Finance beacon, where the organization has a score of 66%. The presence of 100% independent board members and comprehensive policies for conflict of interest and whistleblowing reflect a strong commitment to governance.
The organization demonstrates a robust program expense ratio of 92.81%, showing that a significant portion of its funds goes directly toward its programs. However, a notable limitation is the lack of financial statements, which significantly impacts transparency and accountability. Additionally, the high liabilities-to-assets ratio of 163.84% raises concerns about financial stability.
In summary, while Good Shepherd Medication Management exhibits strong governance practices and effective program spending, its lack of financial transparency and high liabilities may pose challenges for potential donors looking for a financially sound nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Good Shepherd Medication Management legitimate?
Good Shepherd Medication Management is a legitimate nonprofit organization registered as a 501(c)(3) entity. Good Shepherd Medication Management 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: $120,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,000
For more financial information, click here
Official website here: www.goodshephealth.com
What is the mission statement of Good Shepherd Medication Management?
Good Shepherd Medication Management is dedicated to glorifying God by enhancing the lives of its members. They achieve this by providing affordable pharmacy services to individuals who are uninsured. The organization operates a prescription repository program, accepting donated medications from hospitals, nursing homes, and individuals. These medications are then redistributed to uninsured individuals for a monthly subscription fee or free of charge, ensuring they have access to necessary medications. This service is a testament to Good Shepherd Medication Management's commitment to improving the health and well-being of its members.
Official website here: www.goodshephealth.com
Who is the CEO of Good Shepherd Medication Management?
Dr Philip J Baker is the CEO of Good Shepherd Medication Management The CEO's salary of Good Shepherd Medication Management is $120,000 and their total compensation is $120,000.
Official website here: www.goodshephealth.com
What is the revenue of Good Shepherd Medication Management?
Good Shepherd Medication Management's revenue in 2023 was $815,374.
Official website here: www.goodshephealth.com
Who are the executives of Good Shepherd Medication Management and what are their salaries?
The average compensation at Good Shepherd Medication Management during 2023 was $62,500. There are 2 employees at Good Shepherd Medication Management.
Here are 7 key members and their salaries (Good Shepherd Medication Management's CEO's salary is $120,000 and their total compensation is $120,000):
- Compensation: $120,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.goodshephealth.com
Where can I find the form 990 for Good Shepherd Medication Management?
Good Shepherd Medication Management's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.goodshephealth.com
Learn more at the official website: www.goodshephealth.com
Mission Statement of Good Shepherd Medication Management
Good Shepherd Medication Management is a nonprofit organization dedicated to honoring God by enhancing the lives of its members through cost-effective pharmacy services. Their primary focus is on providing affordable medication solutions for individuals who lack insurance coverage. The organization operates a prescription repository program, which accepts donated medications from hospitals, nursing homes, and individuals. These donations are then redistributed to uninsured individuals for a monthly subscription fee or, in some cases, free of charge. This initiative aims to improve the overall well-being of the uninsured community by ensuring they have access to essential medications.
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Impact
July, 2024
Good Shepherd Medication Management's impact can be seen in the lives it improves through affordable pharmacy services for the uninsured. By accepting donated prescription medications from hospitals, nursing homes, and individuals, and properly redistributing them to uninsured individuals for a monthly subscription fee or free, the organization is making a tangible difference in the access to necessary medications for those who may not be able to afford them otherwise. In doing so, Good Shepherd Medication Management is not only providing essential healthcare support but also embodying its mission to glorify God through service to the community.
This information is meant to be a general summary of Good Shepherd Medication Management. 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.
- Program Service Revenue: $267,884
- Gross Receipts: $815,374
Assets and Liabilities:
- Total Assets: $810,516
- Total Liabilities: $568,224
- Net Assets: $242,292
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Donations Revenue
Revenue
$55,897
Fulfillment Revenue
Revenue
$20,298
Membership Dues
Revenue
$183,889
Preceptor Fees
Revenue
$7,800
Organization Details
Founding Year
2014
Principal Officer
Dr Philip J Baker
Website
www.goodshephealth.comNTEE Category
Code: Z99 - Unknown
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