Tennessee Medical Education Fund Inc

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

EIN: 626049920 ✦ Nashville, TN ✦ Designated as a 501(c)(3)

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Overview

What is Tennessee Medical Education Fund Inc?

Tennessee Medical Education Fund Inc is a nonprofit organization that primarily focuses on offering financial aid in the form of scholarships to deserving medical students. Beyond this, they extend their assistance through grants and scholarships to physicians attending the John Ingram Institute of the Tennessee Medical Association. Their primary objective is to support the medical education sector, thereby contributing to the development of the healthcare field in Tennessee.


Official website here: www.tnmed.org/tmef

What are the reviews and ratings of this charity?

Charity Navigator Rating: 97% (Four-Star out of Four Star rating)

The Tennessee Medical Education Fund Inc has achieved a Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. This rating is a testament to the organization's commitment to transparency and effective use of resources, with a perfect score for having an independent board and no material diversion of assets.

Strengths of the organization include a high program expense ratio of 87.98%, indicating that a significant portion of its funding goes directly to program services. Additionally, the charity has robust policies in place, such as conflict of interest and whistleblower policies, which further enhance its accountability standards.

Despite its impressive metrics, the organization could benefit from ongoing engagement with stakeholders to maintain and enhance its reputation. Overall, the Tennessee Medical Education Fund Inc demonstrates commendable management and operational practices, ensuring that it effectively serves its mission.


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

Is Tennessee Medical Education Fund Inc legitimate?

Tennessee Medical Education Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tennessee Medical Education Fund 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


Official website here: www.tnmed.org/tmef

What is the mission statement of Tennessee Medical Education Fund Inc?

The Tennessee Medical Education Fund Inc., as per its primary exempt purpose, is dedicated to offering financial aid in the form of scholarships to deserving medical students. Furthermore, the organization provides financial assistance to physicians attending the John Ingram Institute of the Tennessee Medical Association through grants and scholarships. The primary aim of these initiatives is to support the education and training of medical professionals, thereby contributing to the healthcare sector.


Official website here: www.tnmed.org/tmef

Who is the CEO of Tennessee Medical Education Fund Inc?

Subhi Dawud Suboh Ali Md is the Ceo of Tennessee Medical Education Fund Inc. The CEO's salary of Tennessee Medical Education Fund Inc is $0 and their total compensation is $0.


Official website here: www.tnmed.org/tmef

What is the revenue of Tennessee Medical Education Fund Inc?

Tennessee Medical Education Fund Inc's revenue in 2022 was $113,327.


Official website here: www.tnmed.org/tmef

Who are the executives of Tennessee Medical Education Fund Inc and what are their salaries?

There 10 volunteers at Tennessee Medical Education Fund Inc.


Here are 8 key members and their salaries (Tennessee Medical Education Fund Inc's CEO's salary is $0 and their total compensation is $0):


Neal Beckford (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melanie Blake (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Ingram (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mitch Mutter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maysoon Ali (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dennis Higdon (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keith Lovelady (Secretarytreasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Subhi Dawud Suboh Ali (Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.tnmed.org/tmef

Where can I find the form 990 for Tennessee Medical Education Fund Inc?

Tennessee Medical Education Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.tnmed.org/tmef

Learn more at the official website: www.tnmed.org/tmef

Mission Statement of Tennessee Medical Education Fund Inc

Tennessee Medical Education Fund Inc's primary mission is centered around providing financial aid. Specifically, the organization offers scholarships to individuals who are currently enrolled in medical school. Beyond this, the Tennessee Medical Education Fund also extends its financial assistance through grants and scholarships to physicians attending the John Ingram Institute of the Tennessee Medical Association. In essence, the nonprofit's objective is to support the educational journey of aspiring medical professionals, providing them with the necessary financial resources to pursue their studies and careers in medicine.

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Impact




October, 2024

Tennessee Medical Education Fund Inc plays a crucial role in enhancing the future of healthcare in Tennessee by providing essential financial assistance to medical students and physicians. By awarding scholarships to qualified applicants enrolled in medical school, the organization significantly reduces the financial burden associated with medical education, enabling more individuals to pursue careers in medicine.

Additionally, the Fund supports physicians attending the John Ingram Institute of the Tennessee Medical Association through grants and scholarships. This assistance encourages ongoing education and training for practicing physicians, fostering professional development and enhancing the overall quality of healthcare delivery in the state.

Through its targeted initiatives, the Tennessee Medical Education Fund Inc is instrumental in shaping a well-trained and responsive healthcare workforce, ultimately leading to better health outcomes for communities across Tennessee.




This information is meant to be a general summary of Tennessee Medical Education Fund 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
$113,327 (2022)
Expenses
$320,861 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $67,444
  • Gross Receipts: $113,327

Assets and Liabilities:

  • Total Assets: $2,566,262
  • Total Liabilities: $96,374
  • Net Assets: $2,469,888

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Organization Details

Founding Year

1963

Principal Officer

Subhi Dawud Suboh Ali Md

Main Address

701 BRADFORD AVENUE, NASHVILLE, TN, 37204

NTEE Category

Code: B82 - Education

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