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National Institute For Medical Assistant Advancement Inc

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

EIN: 813293048 ✦ Middletown, CT ✦ Designated as a 501(c)(3)

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Overview

What is National Institute For Medical Assistant Advancement Inc?

The National Institute For Medical Assistant Advancement Inc, located at 635 Main Street, Middletown, CT 06457, is a nonprofit organization dedicated to enhancing the education and training of medical assistants and similar health professionals. Their primary mission is to establish and operate educational and training programs, aiming to produce competent medical assistants capable of working effectively within federally qualified health centers (FQHCs) and other high-performing primary care organizations. Their approach involves developing and refining an educational and training model that aligns with best practices for person-centered, team-based care. Their team comprises 16 individuals, contributing to the advancement of healthcare through skilled medical assistants.


Official website here: www.nimaa.edu

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81%

The National Institute for Medical Assistant Advancement Inc has received a Three-Star out of Four Star rating from Charity Navigator, with an overall score of 81%. This rating is derived solely from its Accountability & Finance score, highlighting the organization's strong commitment to transparency and ethical financial practices. The organization has demonstrated solid governance, with a majority of its board members being independent, and it maintains comprehensive policies regarding conflict of interest and whistleblower protections.

The financial health of the organization is robust, with an impressive program expense ratio of 87.20%, indicating that a significant portion of its resources is directed towards its mission-related activities. The organization has established effective oversight mechanisms, as evidenced by its audit and oversight committees. Additionally, it has also been proactive in ensuring that its financial documentation is accessible and well-maintained.

However, while the ratings reflect positive aspects of accountability and financial management, the scores do not provide insight into the overall impact or effectiveness of the programs offered by the organization. Therefore, prospective supporters may want to seek additional information on the outcomes and reach of its initiatives to fully understand its contributions to the medical assistant field.


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

Is National Institute For Medical Assistant Advancement Inc legitimate?

National Institute For Medical Assistant Advancement Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. National Institute For Medical Assistant Advancement 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: $213,526
Professional Fundraising Fees: $0
Other Salaries and Wages: $849,897

For more financial information, click here


Official website here: www.nimaa.edu

What is the mission statement of National Institute For Medical Assistant Advancement Inc?

The National Institute for Medical Assistant Advancement Inc., often referred to as NIMAA, is committed to promoting education and health through the establishment and operation of educational and training programs for medical assistants and similar health professionals. Their mission encompasses developing and refining an educational model for these professionals, and advocating for a more advanced training model for primary care that adheres to best practices for person-centered team-based care. In essence, NIMAA aims to enhance the knowledge and skills of medical assistants and related health professionals, contributing to improved healthcare delivery.


Official website here: www.nimaa.edu

Who is the CEO of National Institute For Medical Assistant Advancement Inc?

Elena C Thomas Faulkner is the Chairman of National Institute For Medical Assistant Advancement Inc. The CEO's salary of National Institute For Medical Assistant Advancement Inc is $181,623 and their total compensation is $197,237.


Official website here: www.nimaa.edu

What is the revenue of National Institute For Medical Assistant Advancement Inc?

National Institute For Medical Assistant Advancement Inc's revenue in 2022 was $737,064.


Official website here: www.nimaa.edu

Who are the executives of National Institute For Medical Assistant Advancement Inc and what are their salaries?

The average compensation at National Institute For Medical Assistant Advancement Inc during 2022 was $66,464. There are 16 employees and 4 volunteers at National Institute For Medical Assistant Advancement Inc.


Here are 10 key members and their salaries (National Institute For Medical Assistant Advancement Inc's CEO's salary is $181,623 and their total compensation is $197,237):


Mark Masselli (Chairman)
  • Compensation: $0
  • Related: $752,338
  • Other: $41,629
Natasha Quinn (Secretary)
  • Compensation: $0
  • Related: $72,619
  • Other: $5,331
Tillman Farley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Santistevan (Director (To 11/2021))
  • Compensation: $0
  • Related: $0
  • Other: $0
Elena C Thomas Faulkner (Ceo)
  • Compensation: $181,623
  • Related: $0
  • Other: $15,614
Jennifer Knebel (Treasurer (To 7/2021))
  • Compensation: $0
  • Related: $229,634
  • Other: $33,756
Mark Keeley (Treasurer (From 9/2021))
  • Compensation: $0
  • Related: $105,850
  • Other: $0
Mary Blankson (Director (From 3/2022))
  • Compensation: $0
  • Related: $232,693
  • Other: $52,494
Stephanie Wroten (Director (From 3/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeannine Peterson (Director (From 12/2021))
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.nimaa.edu

Where can I find the form 990 for National Institute For Medical Assistant Advancement Inc?

National Institute For Medical Assistant Advancement Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.nimaa.edu

Learn more at the official website: www.nimaa.edu

Mission Statement of National Institute For Medical Assistant Advancement Inc

The National Institute for Medical Assistant Advancement Inc, often referred to as NIMAA, is dedicated to promoting education and health by establishing and operating educational and training programs for medical assistants and similar health professionals. Their mission encompasses the development and refinement of an educational and training model for these professionals, aiming to foster a more advanced model of training that aligns with best practices for person-centered, team-based care in primary care settings. In essence, NIMAA is committed to enhancing the knowledge and skills of medical assistants and other health professionals, thereby improving overall health outcomes.

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Impact




July, 2024

The National Institute for Medical Assistant Advancement Inc's impact lies in its dedication to promoting education and health by establishing and operating educational and training programs for medical assistants and similar health professionals. Specifically, NIMAA aims to graduate medical assistants capable of working effectively as members of a medical team in federally qualified health centers (FQHCs) and other high-performing primary care organizations. By developing and refining an educational and training model for medical assistants and similar health professionals, NIMAA is contributing to the advancement of healthcare practices and promoting a more advanced model of training that aligns with best practices for person-centered team-based care.




This information is meant to be a general summary of National Institute For Medical Assistant Advancement 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
$737,064 (2022)
20182019202020212022$0$300k$600k$900k$1.2M
Expenses
$1,622,466 (2022)
20182019202020212022$0$450k$900k$1.35M$1.8M
Efficiency
201820192020202120220%30%60%90%145%

Other financial information:

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

  • Program Service Revenue: $623,970
  • Gross Receipts: $737,064

Assets and Liabilities:

  • Total Assets: $573,893
  • Total Liabilities: $4,037,181
  • Net Assets: -$3,463,288

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Programs

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

TUITION & FEES

Revenue

$613,213

TRAINING

Revenue

$10,757

Organization Details

Founding Year

2016

Principal Officer

Elena C Thomas Faulkner

Main Address

635 MAIN STREET, MIDDLETOWN, CT, 06457

NTEE Category

Code: B30 - Education

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