Ocean Reef Medical Center Foundation Inc

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

EIN: 650443146 ✦ Key largo, FL ✦ Designated as a 501(c)(3)

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Overview

What is Ocean Reef Medical Center Foundation Inc?

Ocean Reef Medical Center Foundation Inc, located at 50 Barracuda Lane, Key Largo, Florida 33037, serves as a supporting entity for charitable initiatives. Its primary mission is to assist the Ocean Reef Medical Center Inc and various other non-profit organizations by funding their philanthropic endeavors. This foundation contributes to the noble cause of bettering the community and improving lives through its charitable undertakings. With a dedicated team of one employee, it continues to strive towards its objectives.


Official website here: www.mcor.org

Is Ocean Reef Medical Center Foundation Inc legitimate?

Ocean Reef Medical Center Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ocean Reef Medical Center 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: $84,036

For more financial information, click here


Official website here: www.mcor.org

What is the mission statement of Ocean Reef Medical Center Foundation Inc?

The Ocean Reef Medical Center Foundation Inc's mission is centered around supporting charitable initiatives. Specifically, it aims to assist the charitable undertakings of the Medical Center at Ocean Reef Inc., as well as other non-profit organizations. The foundation serves as a supporting entity, providing aid to enhance their operations and impact. This support can take various forms, such as funding, resources, or other forms of assistance. By doing so, the foundation contributes to the betterment of these organizations and the causes they advocate for.


Official website here: www.mcor.org

Who is the CEO of Ocean Reef Medical Center Foundation Inc?

William Keith Young is the CEO of Ocean Reef Medical Center Foundation Inc The CEO's salary of Ocean Reef Medical Center Foundation Inc is $0 and their total compensation is $250,533.


Official website here: www.mcor.org

What is the revenue of Ocean Reef Medical Center Foundation Inc?

Ocean Reef Medical Center Foundation Inc's revenue in 2023 was $5,655,360.


Official website here: www.mcor.org

Who are the executives of Ocean Reef Medical Center Foundation Inc and what are their salaries?

The average compensation at Ocean Reef Medical Center Foundation Inc during 2023 was $84,036. There is 1 employee at Ocean Reef Medical Center Foundation Inc.

Here are 19 key members and their salaries (Ocean Reef Medical Center Foundation Inc's CEO's salary is $0 and their total compensation is $250,533):


Adelaide Skoglund (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Harding (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christina Fisher (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Brammer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Jones (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Davidson (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dominic Di Napoli (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Berman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gretchen Fish (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Martell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alex Tonarelli (Representative)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Covington (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ed Kramer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alex Rogers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Slattery (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Juan Perez (Representative)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joel Cooperman (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Heaney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Keith Young (Chief Executive Officer)
  • Compensation: $0
  • Related: $243,644
  • Other: $6,889


Official website here: www.mcor.org

Where can I find the form 990 for Ocean Reef Medical Center Foundation Inc?

Ocean Reef Medical Center Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.mcor.org

Learn more at the official website: www.mcor.org

Mission Statement of Ocean Reef Medical Center Foundation Inc

Ocean Reef Medical Center Foundation Inc, as a supporting organization, is dedicated to furthering the charitable endeavors of Ocean Reef Medical Center, Inc. and various other non-profit entities. The mission of this foundation is to contribute to the charitable initiatives of Ocean Reef Medical Center, Inc., extending its reach and impact beyond its own scope. Furthermore, Ocean Reef Medical Center Foundation Inc also extends its support to other non-profit organizations, aiming to bolster their charitable pursuits and collective contributions to society.

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Impact




October, 2024

Ocean Reef Medical Center Foundation Inc significantly enhances healthcare access and services in Key Largo, Florida, by supporting the Medical Center at Ocean Reef. Through its efforts, the foundation plays a crucial role in funding charitable initiatives, ensuring that the medical facility can provide high-quality care and resources to the community.

The foundation's impact extends beyond direct medical services; it collaborates with other nonprofit organizations to address a broader range of health-related needs, fostering a healthier community overall. By mobilizing philanthropy and resources, the foundation continues to strengthen the healthcare infrastructure in the region, making a lasting difference in the lives of residents and visitors alike.




This information is meant to be a general summary of Ocean Reef Medical Center 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
$5,655,360 (2023)
Expenses
$5,662,996 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $1,284,665
  • Gross Receipts: $26,497,237

Assets and Liabilities:

  • Total Assets: $57,944,144
  • Total Liabilities: $1,857,100
  • Net Assets: $56,087,044

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Organization Details

Founding Year

1993

Principal Officer

William Keith Young

NTEE Category

Code: T30 - Philanthropy

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