Overview
What is Medsource Community Services Inc?
Medsource Community Services Inc is a public, non-profit organization located in Hagerstown, Maryland. With a workforce of 164 employees, their mission is to support individuals with intellectual disabilities by providing various residential choices tailored to their needs. These offerings enable individuals to exercise choice and self-direction in their lives. Medsource goes beyond just residential services, offering fiscal management for those utilizing self-directed services. Their vision is to empower every individual with the right to choose and determine their personal goals and outcomes, while they provide the necessary design and support in the community. Medsource Community Services is committed to acknowledging the ultimate decision-making power of the individuals they serve.
Official website here: www.medsourceservices.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96%, Four-Star out of Four Star rating
Medsource Community Services Inc has achieved a notable Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial management. The rating is based entirely on a high score for Accountability & Finance, demonstrating the organization's effective governance and transparency in operations.
The organization showcases a fully independent board, with all eight members meeting the criteria for independence, which is crucial for maintaining impartiality in decision-making. Additionally, they have impressed with comprehensive financial oversight, indicated by a perfect score in their Audit and Oversight Committee. The absence of any material diversion of assets further underscores their sound financial practices.
Moreover, Medsource Community Services Inc has established robust policies, including conflict of interest, whistleblower protections, and document retention, which are all vital for ethical governance. Their high program expense ratio of 95.25% indicates that a significant majority of their funds are directed toward mission-related activities, although there are no noted limitations in the available data. Overall, the organization appears to be a well-managed nonprofit with a strong focus on its mission and responsible stewardship of resources.
This AI summary has been generated from information found on Charity Navigator.
Is Medsource Community Services Inc legitimate?
Medsource Community Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Medsource Community Services 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: $873,787
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,618,195
For more financial information, click here
Official website here: www.medsourceservices.org
What is the mission statement of Medsource Community Services Inc?
Medsource Community Services Inc is a non-profit organization dedicated to helping individuals with intellectual disabilities. Their mission is to enable each individual to make their own choices and direct their lives, while providing them with necessary support and resources in the community. Medsource offers various residential options and fiscal management services for those utilizing self-directed services. The organization is committed to respecting the ultimate decision-making authority of the individuals they serve. They strive to provide feasible and suitable assistance to help individuals achieve their personal goals and determine their own outcomes.
Official website here: www.medsourceservices.org
Who is the CEO of Medsource Community Services Inc?
Jay Balint is the Chairperson of Medsource Community Services Inc.
Official website here: www.medsourceservices.org
What is the revenue of Medsource Community Services Inc?
Medsource Community Services Inc's revenue in 2022 was $31,083,317.
Official website here: www.medsourceservices.org
Who are the executives of Medsource Community Services Inc and what are their salaries?
The average compensation at Medsource Community Services Inc during 2022 was $51,780. There are 164 employees at Medsource Community Services Inc.
Here are 15 key members and their salaries:
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- Compensation: $96,805
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- Other: $4,511
- Compensation: $111,689
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- Other: $14,140
- Compensation: $110,892
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- Other: $18,694
- Compensation: $106,707
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Official website here: www.medsourceservices.org
Where can I find the form 990 for Medsource Community Services Inc?
Medsource Community Services Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.medsourceservices.org
Learn more at the official website: www.medsourceservices.org
Mission Statement of Medsource Community Services Inc
Medsource Community Services Inc is a public non-profit organization dedicated to helping individuals with intellectual disabilities. With a vision that each individual deserves the right to choice and the ability to individually direct their lives, Medsource offers various residential options to meet the unique needs of those with intellectual disabilities. The organization goes beyond just providing housing, extending its services to include fiscal management for individuals utilizing self-directed services.
Medsource operates under the belief that the individuals they serve have the ultimate decision-making power regarding their goals and destinies. As such, they are committed to supporting each individual in designing their personalized plan and providing the necessary resources and assistance that are feasibly available to them in the community. Medsource's mission extends beyond residential care, acknowledging the importance of personal autonomy and self-determination for those with intellectual disabilities. By empowering individuals to make choices and take control of their lives, Medsource contributes to their overall well-being and helps them live fulfilling lives.
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Impact
October, 2024
Medsource Community Services Inc significantly impacts the lives of individuals with developmental disabilities in Hagerstown, MD, by providing essential support and resources. With a focus on residential services, the organization has successfully assisted over 100 individuals, fostering an integrated environment that empowers them to thrive.
By offering a variety of residential options, Medsource ensures that individuals with intellectual disabilities can find a living situation that best fits their needs and preferences. This commitment to choice and self-direction is central to Medsource's mission, as it honors the rights of individuals to shape their own lives and pursue their personal goals.
Additionally, Medsource provides fiscal management services for those using self-directed supports, enhancing their ability to take charge of their own care and services. This holistic approach not only enriches the quality of life for participants but also helps build a supportive community that values inclusion and respect for each person's unique journey. Overall, Medsource Community Services Inc plays a crucial role in transforming how individuals with developmental disabilities experience their lives, emphasizing autonomy and community integration.
This information is meant to be a general summary of Medsource Community Services 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: $224,633
- Program Service Revenue: $30,599,829
- Gross Receipts: $32,109,657
Assets and Liabilities:
- Total Assets: $13,934,817
- Total Liabilities: $6,701,046
- Net Assets: $7,233,771
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FISCAL MANAGEMENT FEES
Revenue
$17,944,905
RESIDENTIAL
Revenue
$12,482,099
FSS/BSS
Revenue
$131,838
PERSONAL SUPPORTS
Revenue
$40,987
Organization Details
Founding Year
1986
Phone
(301) 371-3775Principal Officer
Jay Balint
Main Address
101 SUMMIT AVE, HAGERSTOWN, MD, 21740
Website
www.medsourceservices.orgNTEE Category
Code: P20Z - Human services
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