Institute For Medication Access And Compliance
- Assets
- $28.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Flemington, NJ
- Founding
- 09/2002
- Data as of
- 12/2023
- EIN
- 02-0564689
Organization Overview
Institute For Medication Access And Compliance is located in Flemington, NJ. The organization was established in 2002. According to its NTEE Classification (E60) the organization is classified as: Health Support, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Institute For Medication Access And Compliance is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Institute For Medication Access And Compliance generated $22.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (4.3%) each year. All expenses for the organization totaled $32.7k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (5.0%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION PROVIDES PROFESSIONAL SERVICES, EDUCATION, AND SUPPLIES TO DISADVANTAGED INDIVIDUALS IN ITS GEOGRAPHIC REGION WHO WOULD NOT OTHERWISE HAVE ACCESS TO THESE ITEMS OR WHOM ACCESS TO THESE ITEMS WOULD HAVE RESULTED IN SIGNIFICANT FINANCIAL HARDSHIP.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark D Peters II President | 4 | $0 | |
Terry Shlimbaum MD Vice Preside | 4 | $0 | |
Catherine Williams Secretary/tr | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $22,382 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $22,382 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $2,550 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $182 |
| Other expenses | $29,963 |
| Total expenses | $32,695 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $28,217 |
| Other assets | $0 |
| Total assets | $28,217 |
| Total liabilities | $0 |
| Net assets or fund balances | $28,217 |