Mcu Medical Alumni Foundation Inc
- Assets
- $186.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Nipomo, CA
- Founding
- 09/1988
- Data as of
- 10/2023
- EIN
- 11-2743591
Organization Overview
Mcu Medical Alumni Foundation Inc is located in Nipomo, CA. The organization was established in 1988. According to its NTEE Classification (B84) the organization is classified as: Alumni Associations, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mcu Medical Alumni Foundation Inc 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 10/2023, Mcu Medical Alumni Foundation Inc generated $63.7k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.8% each year. All expenses for the organization totaled $32.7k during the year ending 10/2023. While expenses have increased by 15.3% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE FINANCIAL ASSISTANCE TO MCU FDT EDUCATIONAL FOUNDATION, MANILA, PHILIPPINES, FOR ACQUISITION OF EQUIPMENT, TEACHING MATERIALS TO THE VARIOUS DEPARTMENTS, SURGICAL, OPERATING ROOM, EMERGENCE ROOM, LIBRARY AND OTHERS
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE ASSISTANCWE TO MCU FDT MEDICAL FOUNDATION, MANILA, PHILIPPINES. FUNDS PROVIDED WERE USED FOR ACQUISITION OF EQUIPMENT, TEACHING MATERIALS FOR THE VARIOUS DEPARTMENTS, SURGICAL, OPERATING ROOM AND OTHERS
WE PROVIDE SCHOLARSHIPS, MENTORING, AND MEDICAL EQUIPMENT FOR MEDICAL STUDENTS AND FACULTY, IMPROVING THE QUALITY OF MEDICAL EDUCATION AT OUR ALMA MATER'S COLLEGE OF MEDICINE. WE ORGANIZE AND ATTEND "MEDICAL MISSIONS" WHICH PROVIDE MEDICAL SUPPLIES AND CARE TO UNDERSERVED AND DESERVING COMMUNITIES.
WE PROVIDE SCHOLARSHIPS, MENTORING, AND MEDICAL EQUIPMENT FOR MEDICAL STUDENTS AND FACULTY, IMPROVING THE QUALITY OF MEDICAL EDUCATION AT OUR ALMA MATER'S COLLEGE OF MEDICINE. WE ORGANIZE AND ATTEND "MEDICAL MISSIONS" WHICH PROVIDE MEDICAL SUPPLIES AND CARE TO UNDERSERVED AND DESERVING COMMUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennie A Aguilar Secretary | Officer | 1 | $0 |
Carmelita Bostre Teeter Treasurer | Officer | 1 | $0 |
Ashley V Kelley President | Officer | 1 | $0 |
Venus Tanzo President | 5 | $0 | |
Winston Magno Vice President | 5 | $0 | |
Shirley Musni Secretary | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $37,781 |
| Total Program Service Revenue | $8,036 |
| Membership dues | $50 |
| Investment income | $18 |
| Gain or Loss | $17,809 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $63,694 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $2,000 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $5,754 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $2,227 |
| Other expenses | $21,719 |
| Total expenses | $32,730 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $186,122 |
| Other assets | $0 |
| Total assets | $186,122 |
| Total liabilities | $46,800 |
| Net assets or fund balances | $139,322 |