Phi Chi Welfare Association Inc C/O Dana Murphy

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

EIN: 580620367 ✦ Floyds knobs, IN ✦ Designated as a 501(c)(7)

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Overview

What is Phi Chi Welfare Association Inc C/O Dana Murphy?

Phi Chi Welfare Association Inc C/O Dana Murphy is a nonprofit organization situated in Floyds Knobs, Indiana, specifically at 2039 Ridgeview Drive. Their primary mission is to support and guide individual medical students and advance medical education. They achieve this mission by providing various resources such as scholarships, loans, grants, libraries, and necessary equipment. With a small team of one dedicated individual, this organization seeks to empower future medical professionals and contribute to the field of medical education.

Is Phi Chi Welfare Association Inc C/O Dana Murphy legitimate?

Phi Chi Welfare Association Inc C/O Dana Murphy is a legitimate nonprofit organization registered as a 501(c)(7) entity. Phi Chi Welfare Association Inc C/O Dana Murphy 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: $13,415

For more financial information, click here

What is the mission statement of Phi Chi Welfare Association Inc C/O Dana Murphy?

The Phi Chi Welfare Association Inc, in its mission, focuses on supporting and providing guidance to individual medical students and the field of medical education. This support is extended through various means, including scholarships, loans, grants, libraries, and equipment. The association aims to contribute positively to the medical education sector, ultimately advancing the careers and knowledge of future medical professionals. By offering such resources, the Phi Chi Welfare Association Inc fosters a conducive learning environment and empowers the next generation of healthcare providers.

Who is the CEO of Phi Chi Welfare Association Inc C/O Dana Murphy?

Lawrence Leblond is the Chairman of Phi Chi Welfare Association Inc C/O Dana Murphy.

What is the revenue of Phi Chi Welfare Association Inc C/O Dana Murphy?

Phi Chi Welfare Association Inc C/O Dana Murphy's revenue in 2022 was -$49,898.

Who are the executives of Phi Chi Welfare Association Inc C/O Dana Murphy and what are their salaries?

The average compensation at Phi Chi Welfare Association Inc C/O Dana Murphy during 2022 was $13,415. There is 1 employee and 8 volunteers at Phi Chi Welfare Association Inc C/O Dana Murphy.


Here are 8 key members and their salaries:


Shilpen Patel (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lawrence Leblond (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kailynn Adam (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vaugn Devera (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shangir Siddique (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ashley Camp (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Taylor Newsome (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shahzalb Raza (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Phi Chi Welfare Association Inc C/O Dana Murphy?

Phi Chi Welfare Association Inc C/O Dana Murphy's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Phi Chi Welfare Association Inc C/O Dana Murphy

Phi Chi Welfare Association Inc C/O Dana Murphy is an organization dedicated to supporting and advising individual medical students and medical education. Its mission is to contribute to this cause in various ways, including providing scholarships, loans, grants, libraries, and essential equipment. This nonprofit aims to make a significant impact on medical education by offering resources that can help aspiring medical professionals succeed in their studies and future careers. By doing so, Phi Chi Welfare Association Inc C/O Dana Murphy plays a crucial role in fostering the growth of the medical field and ensuring that qualified individuals have the necessary tools to contribute positively to patient care.

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Impact




October, 2024

Phi Chi Welfare Association Inc C/O Dana Murphy plays a significant role in supporting and advising individual medical students as well as enhancing medical education. By providing scholarships, loans, grants, libraries, and necessary equipment, it directly addresses the financial and resource-based challenges faced by aspiring medical professionals. This assistance not only alleviates the burden of educational costs but also fosters a more conducive learning environment for students.

The organization's commitment to education strengthens the medical community by ensuring that dedicated individuals have access to the resources they need to succeed. This, in turn, contributes to the overall quality of healthcare by nurturing well-prepared medical practitioners who are equipped to meet the demands of the profession. Through its initiatives, Phi Chi Welfare Association Inc C/O Dana Murphy has a lasting impact on the future of medicine and the lives of those who pursue it.




This information is meant to be a general summary of Phi Chi Welfare Association Inc C/O Dana Murphy. 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
-$49,898 (2022)
201120122013201420152016201720182019202020212022$-55,000$0$55,000$110k$165k
Expenses
$69,636 (2022)
201120122013201420152016201720182019202020212022$0$20,000$40,000$60,000$80,000
Efficiency
201120122013201420152016201720182019202020212022-26.88%-1.88%23.12%48.12%84%

Other financial information:

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

  • Investment Income: -$55,364
  • Gross Receipts: $1,087,607

Assets and Liabilities:

  • Total Assets: $566,209
  • Total Liabilities: $280,117
  • Net Assets: $286,092

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Organization Details

Founding Year

1901

Principal Officer

Lawrence Leblond

Main Address

2039 RIDGEVIEW DRIVE, FLOYDS KNOBS, IN, 47119

NTEE Category

Code: B84 - Education

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