Med Resource Ctr For Randolph Co

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

EIN: 561799394 ✦ Asheboro, NC ✦ Designated as a 501(c)(3)

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Overview

What is Med Resource Ctr For Randolph Co?

Med Resource Ctr For Randolph Co is a compassionate nonprofit organization situated in Asheboro, North Carolina (NC). With a dedicated workforce of 40 individuals, their primary mission is to deliver essential medical care to individuals irrespective of their financial capacity. Their activity and mission statement both emphasize this commitment to providing equitable healthcare services, ensuring that everyone in need receives the necessary care. The center's exact location is 1831 North Fayetteville Street, Asheboro, NC 27203.

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 89%, Three-Star out of Four Star rating.

Med Resource Center for Randolph County has received a commendable score of 89%, indicating a solid level of accountability and financial health. The organization demonstrates strong governance, with 88% of its board members being independent. Additionally, it has effective oversight mechanisms in place, such as an audit and oversight committee, and has policies for conflict of interest, whistleblower protection, and document retention.

The center maintains a healthy program expense ratio of 72.54%, reflecting a strong commitment to utilizing funds towards its mission. However, its liabilities to assets ratio of 57.29% suggests that while the organization is managing its resources well, it may have some financial obligations that could be concerning in the long-term. Overall, the nonprofit displays a robust operational structure but should continue to monitor its financial obligations closely.


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

Is Med Resource Ctr For Randolph Co legitimate?

Med Resource Ctr For Randolph Co is a legitimate nonprofit organization registered as a 501(c)(3) entity. Med Resource Ctr For Randolph Co 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: $125,201
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,262,137

For more financial information, click here

What is the mission statement of Med Resource Ctr For Randolph Co?

The Med Resource Ctr for Randolph Co has a mission to extend medical care to everyone, irrespective of their financial capabilities. This non-profit organization is committed to ensuring that no individual is denied essential healthcare services due to their financial status. They strive to provide comprehensive medical care, serving as a compassionate and vital resource for those in need. This center's mission is rooted in the belief that everyone deserves access to quality healthcare, regardless of their financial situation.

Who is the CEO of Med Resource Ctr For Randolph Co?

Teresa Shackleford is the Ceo of Med Resource Ctr For Randolph Co. The CEO's salary of Med Resource Ctr For Randolph Co is $125,201 and their total compensation is $125,201.

What is the revenue of Med Resource Ctr For Randolph Co?

Med Resource Ctr For Randolph Co's revenue in 2022 was $4,330,507.

Who are the executives of Med Resource Ctr For Randolph Co and what are their salaries?

The average compensation at Med Resource Ctr For Randolph Co during 2022 was $59,683. There are 40 employees at Med Resource Ctr For Randolph Co.


Here are 5 key members and their salaries (Med Resource Ctr For Randolph Co's CEO's salary is $125,201 and their total compensation is $125,201):


Teresa Shackleford (Ceo)
  • Compensation: $125,201
  • Related: $0
  • Other: $0
Nichelle Sands (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Bennett (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Hinshaw (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Colleen Downey Mitchell (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Med Resource Ctr For Randolph Co?

Med Resource Ctr For Randolph Co's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Med Resource Ctr For Randolph Co

Med Resource Ctr for Randolph Co is committed to a mission that stands out in its dedication. This nonprofit organization prioritizes providing essential medical care for all individuals, irrespective of their financial capabilities. It operates with the belief that everyone deserves access to necessary healthcare services, regardless of their ability to pay. By taking on this mission, Med Resource Ctr for Randolph Co plays a significant role in promoting health equity within its community.

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Impact




July, 2024

Med Resource Ctr For Randolph Co's impact is evident in its mission to provide medical care for all those in need, regardless of their ability to pay. Through their work, they are addressing the healthcare needs of individuals who may otherwise struggle to access or afford medical services. This organization plays a crucial role in promoting health and well-being within the community of Asheboro, NC, demonstrating a commitment to ensuring that everyone has access to essential healthcare services.




This information is meant to be a general summary of Med Resource Ctr For Randolph Co. 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
$4,330,507 (2022)
Expenses
$3,531,422 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $1,039,048
  • Gross Receipts: $4,330,507

Assets and Liabilities:

  • Total Assets: $2,711,433
  • Total Liabilities: $1,553,556
  • Net Assets: $1,157,877

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Patient Service Revenue

Revenue

$1,018,460

Other Revenues

Revenue

$12,652

Cost Report Income

Revenue

$7,936

Organization Details

Founding Year

1992

Principal Officer

Teresa Shackleford

Main Address

1831 North Fayetteville St, Asheboro, NC, 27203

NTEE Category

Code: E32 - Health

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