nonprofit logo

Digital Medicine Society Inc

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

EIN: 834205470 ✦ Boston, MA ✦ Designated as a 501(c)(3)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is Digital Medicine Society Inc?

Digital Medicine Society Inc, based in Boston, Massachusetts, is a nonprofit organization dedicated to bridging the gap between global healthcare and technology. Their primary mission is to support the development of ethical, effective, equitable, and safe digital medicine. They accomplish this through interdisciplinary collaboration, research, education, and the promotion of best practices. By doing so, they aim to redefine healthcare and ultimately improve lives. With a modest workforce of six employees, Digital Medicine Society Inc operates with a focus on advancing digital medicine to make healthcare more accessible and beneficial for all.


Official website here: www.dimesociety.org

What are the reviews and ratings of this charity?

Charity Navigator rating: 92%, Four-Star out of Four Star rating.

Digital Medicine Society Inc has achieved a strong overall score of 92%, demonstrating excellent accountability and financial management. The organization boasts a perfect score for its independent board members and effective oversight mechanisms. This highlights a commitment to transparency and sound governance practices, which are critical for maintaining donor trust and operational integrity.

The organization excels in several areas, including financial statements, conflict of interest policies, and the ratio of liabilities to assets. Each of these elements contributes to a robust framework that supports its mission. However, it has received a score of 0 for fundraising efficiency, indicating that there may be challenges in generating funds relative to its fundraising expenses. This could potentially impact its ability to sustain programs and initiatives in the long run.

Despite the one low score in fundraising efficiency, the overall financial health and governance structure of Digital Medicine Society Inc reflect positively on its operations. The organization is well-positioned to make a significant impact in its field, provided it addresses the fundraising challenges noted in the evaluation.


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

Is Digital Medicine Society Inc legitimate?

Digital Medicine Society Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Digital Medicine Society 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: $306,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,581,111

For more financial information, click here


Official website here: www.dimesociety.org

What is the mission statement of Digital Medicine Society Inc?

The Digital Medicine Society Inc's mission is centered around advancing the use of digital medicine in a responsible, beneficial, and inclusive manner. Their aim is to revolutionize healthcare by promoting the ethical, effective, and equitable adoption of digital medicine, ultimately improving lives. To achieve this, the organization engages in interdisciplinary collaboration, conducts research, provides education, and advocates for best practices in this field. They serve as a bridge between global healthcare and technology, supporting the development of safe and effective digital medicine solutions.


Official website here: www.dimesociety.org

Who is the CEO of Digital Medicine Society Inc?

Jennifer Goldsack is the President of Digital Medicine Society Inc.


Official website here: www.dimesociety.org

What is the revenue of Digital Medicine Society Inc?

Digital Medicine Society Inc's revenue in 2022 was $6,811,789.


Official website here: www.dimesociety.org

Who are the executives of Digital Medicine Society Inc and what are their salaries?

The average compensation at Digital Medicine Society Inc during 2022 was $314,602. There are 6 employees and 4 volunteers at Digital Medicine Society Inc.


Here are 10 key members and their salaries:


Jennifer Goldsack (President)
  • Compensation: $306,500
  • Related: $0
  • Other: $20,500
Claire Meunier (Chief Operating Officer)
  • Compensation: $253,791
  • Related: $0
  • Other: $34,922
Laura Shannon (Director Of Communications)
  • Compensation: $138,798
  • Related: $0
  • Other: $23,063
Smit Patel (Program Lead)
  • Compensation: $131,100
  • Related: $0
  • Other: $23,501
Yashoda Sharma (Program Director)
  • Compensation: $130,000
  • Related: $0
  • Other: $7,800
Linette Demers (Program Director)
  • Compensation: $100,833
  • Related: $0
  • Other: $20,500
Andrea Coravos (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Caryn Davies (Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Karlin (Chairman Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keith Kennerly (Treasurer Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.dimesociety.org

Where can I find the form 990 for Digital Medicine Society Inc?

Digital Medicine Society Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.dimesociety.org

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

Mission Statement of Digital Medicine Society Inc

Digital Medicine Society Inc, a nonprofit organization, is committed to driving advancements in the field of digital medicine. Their mission is to redefine healthcare by promoting the ethical, effective, equitable, and safe use of digital medicine. They aim to serve as a bridge between global healthcare and technology, supporting various communities in developing these digital solutions. The Society achieves this goal through interdisciplinary collaboration, extensive research, education, and the promotion of best practices. By doing so, they strive to improve lives and revolutionize the healthcare sector.

Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!

Impact




July, 2024

Digital Medicine Society Inc's impact lies in advancing the ethical, effective, equitable, and safe use of digital medicine to redefine healthcare and improve lives. By serving the global healthcare and technology community at the intersection of these fields, the organization supports the development of ethical, effective, equitable, and safe digital medicine through interdisciplinary collaboration, research, education, and the promotion of best practices. This impact is crucial in driving innovation and progress in the field of digital medicine, ultimately leading to improved healthcare outcomes and quality of life for individuals.




This information is meant to be a general summary of Digital Medicine Society 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
$6,811,789 (2022)
Expenses
$3,527,177 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $62,500
  • Gross Receipts: $6,811,789

Assets and Liabilities:

  • Total Assets: $5,712,348
  • Total Liabilities: $58,773
  • Net Assets: $5,653,575

Want to help this charity, for free? You can click here to learn more about Give Freely

Programs

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

Contract Services

Revenue

$62,500

Organization Details

Founding Year

2019

Principal Officer

Jennifer Goldsack

Main Address

90 Canal Street STE 4th Fl, Boston, MA, 02114

NTEE Category

Code: H05 - Medical research

If you are a representative of Digital Medicine Society Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.