Neomed Center Inc Neomed Center Inc

Neomed Center Inc

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

EIN: 660485440 ✦ Gurabo, PR ✦ Designated as a 501(c)(3)

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Overview

What is Neomed Center Inc Neomed Center Inc?

Neomed Center Inc is a nonprofit organization based in Gurabo, Puerto Rico. They are the recipients of several federal grants, including those under Section 330, Ryan White Title I Part A, and Ryan White Title III Part C. Their primary mission is to offer public health care services, focusing on primary ambulatory care and supplemental environmental health services. Committed to enhancing individuals' overall well-being, Neomed Center Inc aims to provide and promote integrated health care services that cater to their physical, mental, and social needs. With a workforce of 346 employees, the organization continues its efforts to improve lives within the community.


Official website here: www.neomedcenter.org/

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96%

Neomed Center Inc has achieved a remarkable Four-Star out of Four Star rating from Charity Navigator, reflecting its strong performance in accountability and financial health. The organization demonstrates a commitment to transparency and ethical governance, evidenced by its 100% independent board and comprehensive policies addressing conflicts of interest and whistleblower protections.

Financially, Neomed Center Inc showcases a solid program expense ratio of 83.80%, which indicates that a significant portion of its resources is directed towards its mission-driven programs rather than administrative costs. Additionally, the organization maintains a low liabilities-to-assets ratio of 24.96%, signifying a healthy balance sheet and responsible financial management.

While the rating paints a positive picture of Neomed Center Inc's operational integrity and financial stewardship, specific programmatic outcomes or impact metrics are not detailed in the feedback. Stakeholders may seek additional information on the effectiveness of its initiatives to better understand the organization's overall impact.


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

Is Neomed Center Inc Neomed Center Inc legitimate?

Neomed Center Inc Neomed Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Neomed Center Inc Neomed Center 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: $19,451,534

For more financial information, click here


Official website here: www.neomedcenter.org/

What is the mission statement of Neomed Center Inc Neomed Center Inc?

Neomed Center Inc is dedicated to providing integrated primary health care services, focusing on the well-being of individuals in the community. Their mission goes beyond just medical care, encompassing the physical, mental, and social aspects of an individual's life. The organization is committed to enhancing the lives of those they serve, with a strong emphasis on community support. Neomed Center Inc has secured federal grants to further their cause, including Section 330, Ryan White Title I Part A, and Ryan White Title III Part C. These grants enable them to offer a range of services, focusing on environmental health, supplemental care, and primary ambulatory services. Their efforts are geared towards promoting overall health and well-being for the community they serve.


Official website here: www.neomedcenter.org/

Who is the CEO of Neomed Center Inc Neomed Center Inc?

Miguel Gozalez Gonzalez is the Principal Officer of Neomed Center Inc Neomed Center Inc. The CEO's salary of Neomed Center Inc Neomed Center Inc is $300,701 and their total compensation is $300,701.


Official website here: www.neomedcenter.org/

What is the revenue of Neomed Center Inc Neomed Center Inc?

Neomed Center Inc Neomed Center Inc's revenue in 2022 was $69,948,840.


Official website here: www.neomedcenter.org/

Who are the executives of Neomed Center Inc Neomed Center Inc and what are their salaries?

The average compensation at Neomed Center Inc Neomed Center Inc during 2022 was $56,218. There are 346 employees at Neomed Center Inc Neomed Center Inc.


Here are 9 key members and their salaries (Neomed Center Inc Neomed Center Inc's CEO's salary is $300,701 and their total compensation is $300,701):


Daisy Perez Montanez (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Natividad Flores Velazquez (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deliris Montanez Caceres (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jose R Rivera Ayala (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rosa Castro Avila (Chief Executive Office)
  • Compensation: $300,701
  • Related: $0
  • Other: $0
Miguel Gonzalez Gonzalez (Chief Financial Office)
  • Compensation: $147,843
  • Related: $0
  • Other: $0
Carlos M Acevedo Vila (General Physician)
  • Compensation: $305,285
  • Related: $0
  • Other: $0
Hector J Rodriguez Medina (Chief Medical Officer)
  • Compensation: $177,622
  • Related: $0
  • Other: $0
Myrna Gonzalez Gomez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.neomedcenter.org/

Where can I find the form 990 for Neomed Center Inc Neomed Center Inc?

Neomed Center Inc Neomed Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.neomedcenter.org/

Learn more at the official website: www.neomedcenter.org/

Mission Statement of Neomed Center Inc Neomed Center Inc

Neomed Center Inc, a dedicated health care provider, is committed to enhancing the lives of individuals by delivering integrated primary health care services. The organization places a strong emphasis on community support, focusing on the physical, mental, and social well-being of its clients.

Neomed Center Inc's mission is multifaceted. In essence, it aims to provide comprehensive health care services, going beyond the typical primary care offerings. By doing so, it addresses the diverse needs of its clientele, promoting overall well-being. The organization's unwavering commitment to improving lives is the driving force behind its operations.

Funding for Neomed Center Inc's mission comes from various federal grants. Specifically, it receives support through Section 330, Ryan White Title I Part A, and Ryan White Title III Part C grants. These grants enable Neomed Center Inc to expand its reach and offer essential environmental health services alongside its primary health care offerings. By doing so, it ensures that the most vulnerable populations have access to the care they need to live healthier lives.

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Impact




October, 2024

Neomed Center Inc significantly impacts public health by providing integrated primary health care services, focusing on the community's physical, mental, and social well-being. Located in Gurabo, Puerto Rico, the center serves the local population through a variety of public health initiatives, including ambulatory care and supplemental environmental health services.

The center plays a crucial role in addressing health disparities by utilizing federal grants such as Section 330 and the Ryan White Program (Titles I and III). These funding sources enable Neomed Center Inc to offer comprehensive support to individuals living with HIV/AIDS and other health conditions, ensuring they receive the care and resources necessary for a better quality of life.

By promoting health education and access to essential services, Neomed Center Inc strengthens community resilience, enhances overall health outcomes, and fosters a supportive environment for vulnerable populations. Their commitment to improving lives is evident in their holistic approach, which emphasizes not just medical care, but also the mental and social aspects of health.




This information is meant to be a general summary of Neomed Center Inc Neomed Center 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
$69,948,840 (2022)
Expenses
$65,195,165 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $80,995
  • Program Service Revenue: $53,713,774
  • Gross Receipts: $69,948,840

Assets and Liabilities:

  • Total Assets: $52,594,342
  • Total Liabilities: $12,232,302
  • Net Assets: $40,362,040

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Programs

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

HEALTH REFORM

Revenue

$8,653,710

PATIENT SERVICES

Revenue

$45,060,064

Organization Details

Founding Year

1998

Principal Officer

Miguel Gozalez Gonzalez

Main Address

PO BOX 1277, Gurabo, PR, 00778

NTEE Category

Code: E30 - Health

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