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The Institute For Traditional Medicine & Preventat

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

EIN: 770011928 ✦ Portland, OR ✦ Designated as a 501(c)(3)

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Overview

What is The Institute For Traditional Medicine & Preventat?

The Institute for Traditional Medicine (ITM) is a 501(c)(3) nonprofit organization, established in 1979 and incorporated in 1983. Its mission is deeply rooted in fostering public interest in traditional medicine systems. This involves providing educational resources, conducting literature reviews, and advocating for scientific research in this field. The organization also aims to be charitable, with the primary goal of preserving, promoting, and maintaining traditional medicine practices. By integrating traditional medicine with modern medicines, ITM strives to broaden the horizons of healthcare and contribute positively to the field.


Official website here: www.itmonline.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% (Four-Star out of Four Star Rating)

The Institute For Traditional Medicine & Preventat has achieved an impressive score of 96%, which qualifies it for a Four-Star rating. This rating is based entirely on its Accountability & Finance, reflecting the charity's strong commitment to transparency and responsible financial management. The high score indicates that the organization adheres to rigorous standards in governance and fiscal responsibility.

Strengths of the organization include a fully independent board, with 80% of its members being independent, and a strong program expense ratio of 91.16%, meaning that a significant majority of its expenses directly support its programs. Furthermore, the charity has implemented various policies that enhance its accountability, including a conflict of interest policy, a whistleblower policy, and comprehensive document retention practices.

While the organization has demonstrated exceptional financial health and governance practices, it's important for potential donors and stakeholders to consider the impact of its programs and the specific areas it addresses in the community. Overall, this high rating reflects a solid foundation in accountability and financial stewardship, making it a trustworthy option for supporters looking to contribute to its mission.


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

Is The Institute For Traditional Medicine & Preventat legitimate?

The Institute For Traditional Medicine & Preventat is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Institute For Traditional Medicine & Preventat 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: $80,524
Professional Fundraising Fees: $0
Other Salaries and Wages: $565,143

For more financial information, click here


Official website here: www.itmonline.org

What is the mission statement of The Institute For Traditional Medicine & Preventat?

The Institute for Traditional Medicine & Preventat is committed to fostering public interest in traditional medicine systems. Their primary objective includes providing education, distributing educational materials, conducting literature reviews, promoting and guiding scientific research, and engaging in charitable activities. The organization's mission is to preserve and maintain the significance of traditional medicine systems, striving to integrate them with modern medical practices.


Official website here: www.itmonline.org

Who is the CEO of The Institute For Traditional Medicine & Preventat?

Subhuti Dharmananda is the Executive Director of The Institute For Traditional Medicine & Preventat.


Official website here: www.itmonline.org

What is the revenue of The Institute For Traditional Medicine & Preventat?

The Institute For Traditional Medicine & Preventat's revenue in 2023 was $1,453,877.


Official website here: www.itmonline.org

Who are the executives of The Institute For Traditional Medicine & Preventat and what are their salaries?

The average compensation at The Institute For Traditional Medicine & Preventat during 2023 was $29,348. There are 22 employees at The Institute For Traditional Medicine & Preventat.


Here are 5 key members and their salaries:


Subhuti Dharmananda (Executive Director)
  • Compensation: $80,524
  • Related: $0
  • Other: $0
Harriet Beinfield (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paulette Peynet (Secretary Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Burton (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Efrem Korngold (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.itmonline.org

Where can I find the form 990 for The Institute For Traditional Medicine & Preventat?

The Institute For Traditional Medicine & Preventat's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.itmonline.org

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

Mission Statement of The Institute For Traditional Medicine & Preventat

The Institute for Traditional Medicine & Preventat is committed to fostering public interest in traditional medicine systems. Their primary objective is threefold: education, research, and charity. They strive to disseminate knowledge about traditional medicine through educational materials and programs. Additionally, they aim to promote and guide scientific research in this field, contributing to the integration of traditional medicine with modern medicine. Moreover, the Institute is charitable in nature, dedicating its efforts to preserving and maintaining the importance of traditional medicine systems for society at large.

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Impact




July, 2024

The Institute For Traditional Medicine & Preventat has had a significant impact on promoting, preserving, and maintaining public interest in traditional medicine systems. Through its educational initiatives, provision of educational materials, literature reviews, and support for scientific research, the Institute has played a key role in furthering knowledge and integration of traditional medicine with modern healthcare practices. Its charitable endeavors have also contributed to the accessibility and awareness of traditional medicine among the public. Located in Portland, Oregon, the Institute's mission to promote and guide scientific research in traditional medicine aligns with its overarching goal of enhancing public health and well-being.




This information is meant to be a general summary of The Institute For Traditional Medicine & Preventat. 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
$1,453,877 (2023)
Expenses
$1,080,099 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $8,770
  • Program Service Revenue: $538,335
  • Gross Receipts: $2,914,229

Assets and Liabilities:

  • Total Assets: $2,449,939
  • Total Liabilities: $800,400
  • Net Assets: $1,649,539

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Programs

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

Clinic Fees Rent

Revenue

$493,673

Consulting Education

Revenue

$44,662

Organization Details

Founding Year

1986

Principal Officer

Subhuti Dharmananda

Main Address

2017 SE Hawthorne Blvd, Portland, OR, 97214

NTEE Category

Code: E99Z - Health

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