Overview
What is Medical Education Assistance Corp?
Medical Education Assistance Corp (MEAC) is a nonprofit organization based in Mountain Home, Tennessee. They serve the healthcare needs of the community by offering comprehensive health care services for individuals of all ages. MEAC supports the education of approximately 500 medical students and residents by providing medical care to the general public. In addition to salary supplements and expenses paid on behalf of the ETSU Foundation, MEAC's mission is to educate the next generation of healthcare professionals while improving the overall health of the region. With a workforce of 499 employees, MEAC's operations are conducted under the Doing Business As name, ETSU Physicians & Associates.
Official website here: www.etsuphysicians.com
What are the reviews and ratings of this charity?
Charity Navigator rating: 81% (Three-Star out of Four Stars)
Medical Education Assistance Corp has received an 81% rating, reflecting a solid focus on accountability and finance. The organization has achieved a perfect score in several governance areas, including financial statements and the absence of asset diversion, which underscores its reliability and transparency in handling funds.
The organization's strong program expense ratio of 87.98% indicates a significant portion of its expenditures is directed towards its mission-related activities. This suggests that donors can have confidence that their contributions are utilized effectively to support the nonprofit's goals.
However, while the overall score is commendable, it is based solely on the Accountability & Finance beacon, which means that other aspects of the charity's operations remain unassessed. Potential donors might want to seek additional information regarding its effectiveness in achieving its mission beyond financial accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Medical Education Assistance Corp legitimate?
Medical Education Assistance Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Medical Education Assistance Corp 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: $696,873
Professional Fundraising Fees: $0
Other Salaries and Wages: $30,556,214
For more financial information, click here
Official website here: www.etsuphysicians.com
What is the mission statement of Medical Education Assistance Corp?
Medical Education Assistance Corp is dedicated to addressing the healthcare needs of a diverse population, providing a comprehensive range of services for individuals of all ages. Through its mission, the organization goes beyond just educating medical students and residents; it also improves the overall health of the community. By offering medical care to the general public, MEAC supports the learning experience of approximately 500 students and residents, while also supplementing their salaries and covering expenses.
Official website here: www.etsuphysicians.com
Who is the CEO of Medical Education Assistance Corp?
William Block is the President of Medical Education Assistance Corp. The CEO's salary of Medical Education Assistance Corp is $53,798 and their total compensation is $280,288.
Official website here: www.etsuphysicians.com
What is the revenue of Medical Education Assistance Corp?
Medical Education Assistance Corp's revenue in 2022 was $54,101,517.
Official website here: www.etsuphysicians.com
Who are the executives of Medical Education Assistance Corp and what are their salaries?
The average compensation at Medical Education Assistance Corp during 2022 was $62,631. There are 499 employees at Medical Education Assistance Corp.
Here are 37 key members and their salaries (Medical Education Assistance Corp's CEO's salary is $53,798 and their total compensation is $280,288):
- Compensation: $119,599
- Related: $665,923
- Other: $87,413
- Compensation: $427,982
- Related: $239,687
- Other: $57,019
- Compensation: $464,900
- Related: $191,382
- Other: $46,289
- Compensation: $434,334
- Related: $155,670
- Other: $51,070
- Compensation: $425,908
- Related: $156,439
- Other: $33,926
- Compensation: $8,571
- Related: $489,274
- Other: $80,204
- Compensation: $400,676
- Related: $79,555
- Other: $61,593
- Compensation: $238,480
- Related: $260,558
- Other: $41,852
- Compensation: $396,460
- Related: $99,240
- Other: $34,107
- Compensation: $27,271
- Related: $415,032
- Other: $51,062
- Compensation: $0
- Related: $421,481
- Other: $70,075
- Compensation: $307,765
- Related: $148,879
- Other: $33,827
- Compensation: $19,035
- Related: $400,275
- Other: $70,995
- Compensation: $324,899
- Related: $113,994
- Other: $37,977
- Compensation: $312,381
- Related: $105,089
- Other: $42,109
- Compensation: $350,414
- Related: $78,045
- Other: $29,059
- Compensation: $103,084
- Related: $272,120
- Other: $76,115
- Compensation: $12,075
- Related: $330,908
- Other: $83,422
- Compensation: $98,173
- Related: $284,254
- Other: $37,878
- Compensation: $0
- Related: $377,823
- Other: $31,472
- Compensation: $0
- Related: $369,229
- Other: $30,472
- Compensation: $56,773
- Related: $256,704
- Other: $61,888
- Compensation: $128,065
- Related: $195,811
- Other: $43,784
- Compensation: $199,747
- Related: $84,990
- Other: $17,616
- Compensation: $10,000
- Related: $229,047
- Other: $57,642
- Compensation: $171,569
- Related: $89,553
- Other: $23,750
- Compensation: $53,798
- Related: $194,965
- Other: $31,525
- Compensation: $0
- Related: $239,917
- Other: $31,841
- Compensation: $11,749
- Related: $221,383
- Other: $26,575
- Compensation: $168,019
- Related: $72,188
- Other: $17,241
- Compensation: $13,680
- Related: $196,658
- Other: $32,998
- Compensation: $135,496
- Related: $70,706
- Other: $21,651
- 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.etsuphysicians.com
Where can I find the form 990 for Medical Education Assistance Corp?
Medical Education Assistance Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.etsuphysicians.com
Learn more at the official website: www.etsuphysicians.com
Mission Statement of Medical Education Assistance Corp
Medical Education Assistance Corp (MEAC) is dedicated to addressing the healthcare needs of a diverse population, providing a comprehensive range of medical services for individuals of all ages. In its mission to educate future medical professionals, MEAC supports around 500 medical students and residents by offering them practical experience through the delivery of medical care to the general public.
Beyond direct patient care, MEAC goes above and beyond by supplementing salaries and covering expenses on behalf of the ETSU Foundation. This unique arrangement not only benefits the students and residents but also contributes significantly to the overall improvement of the community's health. Through these efforts, MEAC plays an essential role in fostering the next generation of skilled healthcare providers while addressing the healthcare requirements of the population they serve.
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Impact
October, 2024
Medical Education Assistance Corp significantly enhances healthcare accessibility for the community by providing a comprehensive range of medical services to individuals of all ages. This organization plays a crucial role in training approximately 500 medical students and residents, ensuring that the next generation of healthcare professionals is well-prepared to meet the needs of a diverse patient population.
By offering hands-on experience in a real-world clinical setting, MEAC not only contributes to the education of future doctors but also directly supports the health needs of the general public. The financial assistance for salaries and expenses further highlights MEAC's commitment to fostering a robust educational environment while simultaneously improving the overall health of the region. This dual focus on education and healthcare delivery is pivotal in addressing local health challenges and promoting a healthier community.
This information is meant to be a general summary of Medical Education Assistance Corp. 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: $114,558
- Program Service Revenue: $51,947,805
- Gross Receipts: $54,101,517
Assets and Liabilities:
- Total Assets: $46,906,188
- Total Liabilities: $7,545,723
- Net Assets: $39,360,465
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
OUTPATIENT REVENUE
Revenue
$46,716,620
HOSPITAL REVENUE
Revenue
$28,115,250
OTHER CONTRACT REVENUE
Revenue
$17,891,903
OTHER INCOME
Revenue
$1,029,382
CONTRACTUAL AND OTHER ADJUST.
Revenue
-$41,805,350
Organization Details
Founding Year
1978
Phone
(423) 433-6022Principal Officer
William Block
Main Address
PO BOX 699, MOUNTAIN HOME, TN, 376840699
Website
www.etsuphysicians.comNTEE Category
Code: E31 - Health
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