Mmd Foundation Inc
- Assets
- $2.4m
- Revenue
- $193.4k
- Investments
- $2.3m
- Employees
- 0
- Location
- West Orange, NJ
- Founding
- 03/1976
- Data as of
- 12/2021
- EIN
- 22-2111419
Organization Overview
Mmd Foundation Inc is located in West Orange, NJ. The organization was established in 1976. According to its NTEE Classification (E99) the organization is classified as: Health Care N.E.C., 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. Mmd 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 12/2021, Mmd Foundation Inc generated $193.4k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $198.4k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Mmd Foundation Inc has awarded 89 individual grants totaling $1,105,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anthony Pantano Treasurer | 0 | $0 | |
Paulo Guerreiro Secretary | 0 | $0 | |
Kim Islami President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $58,657 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $134,719 |
| Capital Gain Net Income | $61,500 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $193,376 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,215 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $380 |
| Total operating and administrative expenses | $39,362 |
| Contributions, gifts, grants paid | $159,000 |
| Total expenses and disbursements | $198,362 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,032 |
| Savings and temporary cash investments | $125,119 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,417,341 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Mmd Foundation Inc has awarded $159,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
Somerset, NJ PURPOSE: MEDICAL | $53,000 |
Philadelphia, PA PURPOSE: MEDICAL | $35,000 |
WORLD GOSPEL MISSION PURPOSE: MEDICAL | $18,000 |
ST JOHN'S UNIVERSITY PURPOSE: MEDICAL | $15,000 |
SETON HALL PREP PURPOSE: MEDICAL | $12,500 |
UNIVERSITY OF MASSACHUSETTS LOWELL PURPOSE: MEDICAL | $12,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Temple Physicians Inc Philadelphia, PA | $32,827,078 | $80,029,343 |
Finger Lakes Performing Provider System Inc Rochester, NY | $41,997,931 | $67,997,644 |
Depaul Adult Care Communties Inc Rochester, NY | $12,844,666 | $48,377,747 |
Federation Of Organizations For The New York State Mentally Disabled West Babylon, NY | $34,800,632 | $51,638,775 |
Long Island Jewish Medical Center At Home Pharmacy Inc Westbury, NY | $5,530,043 | $43,997,615 |
Western New York Independent Living Inc Buffalo, NY | $29,215,885 | $46,881,599 |
Health Federation Of Philadelphia Philadelphia, PA | $18,351,110 | $41,791,030 |
Mcauley-Seton Home Care Inc Buffalo, NY | $77,262,995 | $46,063,677 |
Community Health Care Inc Bridgeton, NJ | $93,335,050 | $53,828,439 |
Best Choice Home Health Care Inc Flushing, NY | $12,215,789 | $31,841,732 |
National Comprehensive Cancer Network Inc Plymouth Meeting, PA | $114,912,916 | $46,211,501 |
1199seiu Labor Management Initiatives Inc New York, NY | $9,531,850 | $18,632,453 |