Overview
What is Oregon College Of Oriental Medicine?
The Oregon College of Oriental Medicine (OCOM) is a graduate medical institution located in Portland, Oregon. It offers master's and doctoral degrees in fields such as acupuncture, Chinese herbs, bodywork, and integrative medicine. The college serves as a hub for affordable healthcare, with campus and community clinics providing safety net services to patients. OCOM's retail products and herbs are available in its bookstore and medicinary. The library and clinics support research and critical inquiry, collaborating with major medical institutions. With a strong commitment to education, patient care, and innovation, OCOM has graduated over 1,700 students who now practice in 50 U.S. states and seven other countries, contributing to an estimated 10 million acupuncture and Chinese medicine treatments. The organization currently employs 187 individuals, demonstrating its dedication to transforming healthcare through education, service, and healing.
Official website here: www.ocom.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Stars)
The Oregon College Of Oriental Medicine has received an overall score of 82%, which reflects its strong performance in accountability and finance. The rating indicates that the organization has a solid foundation in governance, with a board comprised entirely of independent members, and well-documented policies regarding conflict of interest and whistleblower protections. Their financial oversight is robust, with no material diversion of assets reported.
The college's program expense ratio stands at 62.54%, signifying that a significant portion of its budget is allocated towards its programs. However, there is some indication of areas for improvement, particularly in the liabilities to assets ratio, which is at 56.06%. This figure suggests a moderate level of financial leverage, and while it is not alarming, it highlights the need for continued attention to long-term financial health.
Overall, the Oregon College Of Oriental Medicine demonstrates a commitment to accountability and transparency, making it a reputable choice for potential donors. However, maintaining a balance between liabilities and assets will be crucial for sustaining its financial stability in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Oregon College Of Oriental Medicine legitimate?
Oregon College Of Oriental Medicine is a legitimate nonprofit organization registered as a 501(c)(3) entity. Oregon College Of Oriental Medicine 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: $259,563
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,620,887
For more financial information, click here
Official website here: www.ocom.edu
What is the mission statement of Oregon College Of Oriental Medicine?
The Oregon College of Oriental Medicine aims to revolutionize healthcare by educating highly skilled and compassionate practitioners. This is achieved by providing exceptional patient care and engaging in innovative research within a community of service and healing. The institution offers graduate medical education, granting master's and doctoral degrees in acupuncture, Chinese herbs, bodywork, and integrative medicine. Their campus and community clinics offer affordable healthcare to patients, serving as safety net services. Additionally, the college's bookstore and herbal medicine shop provide retail products to support patient care. The Oregon College of Oriental Medicine has graduated over 1700 students who are currently practicing in various states and countries, having collectively performed an estimated 10 million acupuncture and Chinese medicine treatments.
Official website here: www.ocom.edu
Who is the CEO of Oregon College Of Oriental Medicine?
Neville Wellman is the Chair of Oregon College Of Oriental Medicine. The CEO's salary of Oregon College Of Oriental Medicine is $254,397 and their total compensation is $254,397.
Official website here: www.ocom.edu
What is the revenue of Oregon College Of Oriental Medicine?
Oregon College Of Oriental Medicine's revenue in 2022 was $5,031,389.
Official website here: www.ocom.edu
Who are the executives of Oregon College Of Oriental Medicine and what are their salaries?
The average compensation at Oregon College Of Oriental Medicine during 2022 was $15,403. There are 187 employees at Oregon College Of Oriental Medicine.
Here are 9 key members and their salaries (Oregon College Of Oriental Medicine's CEO's salary is $254,397 and their total compensation is $254,397):
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- Compensation: $254,397
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Official website here: www.ocom.edu
Where can I find the form 990 for Oregon College Of Oriental Medicine?
Oregon College Of Oriental Medicine's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ocom.edu
Learn more at the official website: www.ocom.edu
Mission Statement of Oregon College Of Oriental Medicine
Oregon College of Oriental Medicine, often abbreviated as OCOM, is dedicated to revolutionizing healthcare by training highly skilled and compassionate practitioners. Their mission is threefold: firstly, they aim to educate these practitioners to the highest standards, ensuring they are equipped with the necessary knowledge and empathy. Secondly, OCOM provides exceptional patient care, ensuring that their graduates deliver top-notch services to their clients. Lastly, the institution engages in innovative research, collaborating with major medical institutions to advance the field of Oriental medicine and critical inquiry.
Within this mission, OCOM offers graduate medical education, granting Master's and Doctoral degrees in various disciplines such as acupuncture, Chinese herbs, bodywork, and integrative medicine. Their campus and community clinics offer affordable healthcare to patients, serving as a safety net for those in need. Furthermore, OCOM's bookstore and medicinary sell retail products and herbs, while their library collections and clinics support research initiatives.
Over the years, OCOM has graduated over 1700 students who are now practicing in 50 states and seven other countries. These alumni have collectively performed an estimated 10 million acupuncture and Chinese medicine treatments, demonstrating the impact of OCOM's mission in transforming healthcare.
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Impact
July, 2024
Oregon College of Oriental Medicine's impact lies in transforming healthcare by educating highly skilled and compassionate practitioners in the field of acupuncture, Chinese herbs, bodywork, and integrative medicine. Their graduate medical education programs offer master's and doctoral degrees, empowering their students to provide exemplary patient care.
Through their campus and community clinics, Oregon College of Oriental Medicine provides affordable healthcare services to patients in need, serving as a vital safety net in the community. Additionally, their retail products and herbal offerings in the bookstore and medicinary further support holistic health practices.
By graduating over 1700 students who are now practicing in 50 states and seven other countries, Oregon College of Oriental Medicine has facilitated an estimated 10 million acupuncture and Chinese medicine treatments, positively impacting countless individuals. Moreover, their collaboration with major medical institutions in research and critical inquiry enhances the knowledge and practices in the field of alternative medicine.
Overall, Oregon College of Oriental Medicine's commitment to education, patient care, and research within a community of service and healing demonstrates their significant impact on transforming healthcare practices globally.
This information is meant to be a general summary of Oregon College Of Oriental Medicine. 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.
- Program Service Revenue: $4,347,859
- Gross Receipts: $5,161,485
Assets and Liabilities:
- Total Assets: $15,702,275
- Total Liabilities: $8,804,028
- Net Assets: $6,898,247
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION AND FEES
Revenue
$4,126,098
CLINIC FEES
Revenue
$221,761
Organization Details
Founding Year
1983
Phone
(503) 253-3443Principal Officer
Neville Wellman
Main Address
75 NW COUCH STREET, PORTLAND, OR, 97209
Website
www.ocom.eduNTEE Category
Code: B54Z - Education
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