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Gbmc Ophthalmology Educational Foundation Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 521584782 ✦ Towson, MD ✦ Designated as a 501(c)(3)

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Overview

What is Gbmc Ophthalmology Educational Foundation Inc?

Gbmc Ophthalmology Educational Foundation Inc, located at 6569 N Charles Street 505, Towson, MD 21204, is a nonprofit organization dedicated to supporting medical education in the field of ophthalmology. Their primary mission is to cover the expenses associated with the training of future ophthalmologists. By funding this essential education, they contribute to the development of skilled professionals who will provide eye care services in the future.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating. The rating reflects a moderate level of accountability and financial health for Gbmc Ophthalmology Educational Foundation Inc. While the overall score is decent, the Two-Star rating indicates there is room for improvement in certain areas.

The organization demonstrates strong governance, with 100% of its board members being independent and a good size of four independent members. It also shows transparency by documenting board meeting minutes and has a favorable liabilities to assets ratio of 0.00%, indicating no debt. The Program Expense Ratio of 71.01% suggests that a significant proportion of its funds are allocated towards its programs, which is a positive sign for donors.

However, despite these strengths, the overall rating reflects some concerns that may need to be addressed for higher performance marks. Continuous improvement in financial management practices could enhance the organization’s standing and effectiveness in fulfilling its mission.


This AI summary has been generated from information found on Charity Navigator.

Is Gbmc Ophthalmology Educational Foundation Inc legitimate?

Gbmc Ophthalmology Educational Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gbmc Ophthalmology Educational Foundation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Gbmc Ophthalmology Educational Foundation Inc?

The Gbmc Ophthalmology Educational Foundation Inc is dedicated to advancing medical education in the field of ophthalmology. Its primary mission is to financially support the training of future ophthalmologists. This is achieved by covering the expenses associated with resident training. By doing so, the foundation contributes to the development of skilled professionals in the field of ophthalmology, thereby enhancing the quality of eye care. The foundation's focus on medical education in ophthalmology is instrumental in shaping the future of eye health care.

Who is the CEO of Gbmc Ophthalmology Educational Foundation Inc?

Mary Louise Collins Md is the President of Gbmc Ophthalmology Educational Foundation Inc.

What is the revenue of Gbmc Ophthalmology Educational Foundation Inc?

Gbmc Ophthalmology Educational Foundation Inc's revenue in 2023 was $134,211.

Who are the executives of Gbmc Ophthalmology Educational Foundation Inc and what are their salaries?


Here are 4 key members and their salaries:


Mary Louise Collins Md (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Thompson Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Allison Jensen (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lawson Grumbine (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Gbmc Ophthalmology Educational Foundation Inc?

Gbmc Ophthalmology Educational Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Gbmc Ophthalmology Educational Foundation Inc

Gbmc Ophthalmology Educational Foundation Inc is committed to funding medical education in the field of ophthalmology. This nonprofit organization's mission is to cover the expenses associated with resident training, aimed at nurturing the next generation of ophthalmologists. By investing in medical education, Gbmc Ophthalmology Educational Foundation Inc contributes to the advancement of eye care and vision health, ensuring that qualified professionals enter the field with the necessary skills and knowledge. This mission is crucial in addressing various ophthalmic conditions and promoting better eye health for individuals worldwide.

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Impact




October, 2024

Gbmc Ophthalmology Educational Foundation Inc significantly impacts the field of ophthalmology by funding essential medical education, particularly focusing on the training of residents. By addressing the expenses incurred during their training, the foundation facilitates the development of skilled ophthalmologists who are vital for addressing eye diseases and improving patient care.

The foundation’s efforts contribute to the growth of expertise within the field, ensuring that new professionals are equipped with the latest knowledge and techniques. This not only enhances the quality of care for individuals suffering from various eye conditions but also supports advancements in research and treatment methodologies within ophthalmology. The foundation's work is particularly crucial in a city like Towson, MD, where access to well-trained ophthalmologists can have a direct impact on community health outcomes related to vision care.




This information is meant to be a general summary of Gbmc Ophthalmology Educational Foundation 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.

Revenue
$134,211 (2023)
Expenses
$75,490 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $133,711
  • Gross Receipts: $166,229

Assets and Liabilities:

  • Total Assets: $3,376,297
  • Total Liabilities: $0
  • Net Assets: $3,376,297

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Organization Details

Founding Year

1987

Principal Officer

Mary Louise Collins Md

Main Address

6569 N Charles Street 505, Towson, MD, 21204

NTEE Category

Code: G9XZ - Disease

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