Mainsail Health Partners

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

EIN: 844667819 ✦ Charleston, SC ✦ Designated as a 501(c)(3)

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Overview

What is Mainsail Health Partners?

Mainsail Health Partners is a nonprofit organization, primarily dedicated to supporting the charitable, scientific, and educational missions of the Medical University of South Carolina (MUSC). Their objectives include undertaking collaborative initiatives, fostering interactions with private industry, and promoting faculty development through research programs. They aim to expand healthcare outreach in rural areas of South Carolina, collaborate with private industries that align with MUSC's mission, and create new job opportunities in underserved regions. By doing so, they aim to promote and support MUSC's overall mission and programs.

Is Mainsail Health Partners legitimate?

Mainsail Health Partners is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mainsail Health Partners 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: $0

For more financial information, click here

What is the mission statement of Mainsail Health Partners?

Mainsail Health Partners' mission is to support and align with the charitable, educational, scientific, and eleemosynary missions of the Medical University of South Carolina (MUSC). This support is primarily achieved through expanded healthcare outreach in rural areas and collaborations with private industry. These collaborations aim to deliver care that aligns with MUSC's mission and objectives, providing new job opportunities and economic benefits to underserved rural communities.

Mainsail Health Partners also engages in scientific, clinical, educational, and research activities consistent with MUSC's objectives and mission. They promote interactions and collaborative relationships with private industry that align with MUSC, subject to applicable laws. The organization seeks strategic ventures with independent entities that benefit MUSC and the community it serves.

Moreover, Mainsail Health Partners supports the personal development of faculty by encouraging and aiding their participation in medical and clinical sponsored research programs, agreements, and initiatives at or involving MUSC. The organization also supports the charitable, eleemosynary, educational, medical, scientific, and research purposes of MUSC through various means, including the Medical University Hospital Authority (MUHA), University Medical Associates of the Medical University of South Carolina (UMA), and other recognized affiliates.

Who is the CEO of Mainsail Health Partners?

Patrick Cawley is the Chair & Director of Mainsail Health Partners. The CEO's salary of Mainsail Health Partners is $0 and their total compensation is $1,036,225.

What is the revenue of Mainsail Health Partners?

Mainsail Health Partners's revenue in 2022 was $11,464,426.

Who are the executives of Mainsail Health Partners and what are their salaries?


Here are 8 key members and their salaries (Mainsail Health Partners's CEO's salary is $0 and their total compensation is $1,036,225):


Don Johnson Ii (Chair & Director)
  • Compensation: $0
  • Related: $500
  • Other: $0
Charles Schulze (Director)
  • Compensation: $0
  • Related: $500
  • Other: $0
John Osborne (Director)
  • Compensation: $0
  • Related: $500
  • Other: $0
Forrest Alton (Director)
  • Compensation: $0
  • Related: $500
  • Other: $0
Todd Lillibridge (Director)
  • Compensation: $0
  • Related: $500
  • Other: $0
Jack Jones (Director)
  • Compensation: $0
  • Related: $500
  • Other: $0
Stuart Smith (Director)
  • Compensation: $0
  • Related: $500
  • Other: $0
Patrick Cawley (Ceo)
  • Compensation: $0
  • Related: $993,487
  • Other: $42,738
Where can I find the form 990 for Mainsail Health Partners?

Mainsail Health Partners's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Mainsail Health Partners

Mainsail Health Partners, as a supporting entity, is committed to advancing the charitable, scientific, educational, and eleemosynary missions of the Medical University of South Carolina (MUSC). Their objective is to expand healthcare outreach in rural areas of South Carolina and collaborate with private industry in a manner that aligns with MUSC's mission and objectives. This endeavor aims to create meaningful job opportunities and bring economic benefits to underserved rural counties.

In line with MUSC, Mainsail Health Partners promotes and supports its mission and programs independently. They engage in scientific, clinical, educational, and research initiatives that are consistent with MUSC's objectives. They also foster collaborative relationships with private industry that align with MUSC's mission, provided it is permissible under applicable law. Additionally, Mainsail Health Partners seeks to establish strategic ventures with independent entities that benefit the MUSC enterprise and the community it serves.

Furthermore, Mainsail Health Partners encourages and aids faculty development by supporting medical and clinical sponsored research programs, agreements, and initiatives at or involving MUSC. They also promote and support the charitable, eleemosynary, educational, medical, scientific, and research purposes of MUSC through their affiliations with the Medical University Hospital Authority (MUHA), University Medical Associates of the Medical University of South Carolina (UMA), and any other recognized affiliates of MUSC. In summary, Mainsail Health Partners supports MUSC's mission by exploring and undertaking initiatives that contribute to its objectives and enhance the community it serves.

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Impact




October, 2024

Mainsail Health Partners significantly enhances healthcare accessibility and delivery in South Carolina, particularly in rural areas that are often underserved. By collaborating with the Medical University of South Carolina (MUSC), the organization supports a range of initiatives aimed at expanding healthcare outreach, fostering economic development, and creating meaningful job opportunities in these communities.

Through scientific, clinical, educational, and research endeavors, Mainsail promotes innovative healthcare solutions and strengthens the ties between academic institutions and private industry. This collaborative approach not only enhances the quality of care but also attracts and retains top-tier faculty by supporting their professional development and research activities.

Additionally, Mainsail plays a key role in establishing strategic partnerships that align with MUSC’s mission, thereby driving forward initiatives that benefit both the university and the communities it serves. Overall, the impact of Mainsail Health Partners is multifaceted, addressing healthcare needs while bolstering local economies, ultimately fostering a healthier population across South Carolina.




This information is meant to be a general summary of Mainsail Health Partners. 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
$11,464,426 (2022)
Expenses
$554,316 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $11,464,426
  • Gross Receipts: $11,464,426

Assets and Liabilities:

  • Total Assets: $76,368,989
  • Total Liabilities: $62,554,919
  • Net Assets: $13,814,070

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Organization Details

Founding Year

2020

Principal Officer

Patrick Cawley

Main Address

22 WESTEDGE ST 319, CHARLESTON, SC, 29403

NTEE Category

Code: E11 - Health

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