Overview
What is Rocky Mountain Tissue Bank?
Rocky Mountain Tissue Bank is a nonprofit organization situated in Aurora, Colorado, specifically at 2993 South Peoria Street 390. The primary focus of this organization is the distribution of cancellous (soft) vertebral bone tissue, which is utilized in oral reconstructive surgery. With a team of 11 dedicated individuals, Rocky Mountain Tissue Bank contributes to the medical field by providing essential tissue for such surgeries. This organization plays a crucial role in supporting healthcare professionals and their patients in need of oral reconstructive procedures.
Official website here: www.rmtb.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement, Overall Score: 62%, Two-Star out of Four Star Rating. The Rocky Mountain Tissue Bank received a rating indicating that the organization needs improvement, primarily due to its performance in accountability and finance. While the organization has a fully independent board and demonstrates a strong commitment to program expenses, significant weaknesses were noted in financial transparency and governance policies.
Strengths include a high program expense ratio of 76.18%, which reflects effective allocation of resources towards its mission. The organization also scored well on governance aspects such as having an independent board and maintaining proper meeting minutes. However, the lack of financial statements and essential governance policies, like conflict of interest and whistleblower policies, has impacted its overall accountability score.
Limitations in financial disclosures are particularly concerning, as they hinder transparency and may affect donor confidence. With a low score in financial statements and several governance policies missing, stakeholders are encouraged to seek more information regarding the organization's financial practices and governance to ensure responsible stewardship of funds.
This AI summary has been generated from information found on Charity Navigator.
Is Rocky Mountain Tissue Bank legitimate?
Rocky Mountain Tissue Bank is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rocky Mountain Tissue Bank 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: $186,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $167,666
For more financial information, click here
Official website here: www.rmtb.org
What is the mission statement of Rocky Mountain Tissue Bank?
The Rocky Mountain Tissue Bank's mission is centered around distributing cancellous (soft) vertebral bone tissue, specifically for applications in oral reconstructive surgeries. This mission aims to contribute to the medical field by providing necessary resources for such procedures, thereby potentially improving the outcomes of oral reconstructions. The bank's primary activity revolves around the distribution of this specific type of bone tissue, which plays a crucial role in certain surgical procedures. The bank's mission does not extend beyond this specific purpose, focusing solely on its role in oral reconstructive surgeries.
Official website here: www.rmtb.org
Who is the CEO of Rocky Mountain Tissue Bank?
Deborah Spillman is the President/Ceo/Treasurer of Rocky Mountain Tissue Bank. The CEO's salary of Rocky Mountain Tissue Bank is $186,000 and their total compensation is $186,000.
Official website here: www.rmtb.org
What is the revenue of Rocky Mountain Tissue Bank?
Rocky Mountain Tissue Bank's revenue in 2022 was $1,016,257.
Official website here: www.rmtb.org
Who are the executives of Rocky Mountain Tissue Bank and what are their salaries?
The average compensation at Rocky Mountain Tissue Bank during 2022 was $32,151. There are 11 employees at Rocky Mountain Tissue Bank.
Here are 5 key members and their salaries (Rocky Mountain Tissue Bank's CEO's salary is $186,000 and their total compensation is $186,000):
- Compensation: $186,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.rmtb.org
Where can I find the form 990 for Rocky Mountain Tissue Bank?
Rocky Mountain Tissue Bank's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.rmtb.org
Learn more at the official website: www.rmtb.org
Mission Statement of Rocky Mountain Tissue Bank
Rocky Mountain Tissue Bank is dedicated to a specific mission: the distribution of cancellous (soft) vertebral bone tissue for use in oral reconstructive surgeries. This nonprofit organization plays a crucial role in providing patients in need with the necessary materials for such procedures, contributing to the success of these operations. By supplying cancellous bone tissue, Rocky Mountain Tissue Bank helps medical professionals restore form and function to patients' oral structures, thereby significantly improving their quality of life.
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
Rocky Mountain Tissue Bank's impact lies in the distribution of cancellous (soft) vertebral bone tissue for use in oral reconstructive surgery. This critical service directly contributes to enhancing the quality of life for individuals undergoing complex oral surgeries, providing them with vital tissue needed for successful reconstruction procedures. Through their mission-driven work, Rocky Mountain Tissue Bank plays a significant role in supporting the healthcare industry, particularly in oral surgery, and ultimately contributes to improving patient outcomes and overall well-being.
This information is meant to be a general summary of Rocky Mountain Tissue Bank. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $2,340,690
Assets and Liabilities:
- Total Assets: $713,995
- Total Liabilities: $374,176
- Net Assets: $339,819
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1980
Phone
(303) 337-3330Principal Officer
Deborah Spillman
Main Address
2993 SOUTH PEORIA STREET 390, AURORA, CO, 80014
Website
www.rmtb.orgNTEE Category
Code: E65 - Health
If you are a representative of Rocky Mountain Tissue Bank 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.