Mag Institute For Excellence In Medicine Inc

Organization Overview

Mag Institute For Excellence In Medicine Inc is located in Atlanta, GA. The organization was established in 2004. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. As of 12/2021, Mag Institute For Excellence In Medicine Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mag Institute For Excellence In Medicine 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, Mag Institute For Excellence In Medicine Inc generated $171.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (14.2%) each year. All expenses for the organization totaled $148.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (19.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO IMPROVE PATIENT SAFETY AND ACHIEVE CLINICAL IMPROVEMENTS FOR GEORGIA PHYSICIANS AND THEIR PATIENTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

MEDICAL ASSOCIATION OF GEORGIA MEDICAL RESERVE CORPS ("MAG MRC")THE MAG MRC RESPONDS TO DECLARED EMERGENCIES IN THE STATE, INCLUDING NATURAL DISASTERS AND DISEASE OUTBREAKS.THE MAG MRC IS PREPARED TO DEPLOY AND STAFF MOBILE HOSPITALS AND SUPPORT EMERGENCY SHELTERS UNDER THE DIRECTION OF DPH.THE MAG MRC COMPLEMENTS THE OFFICIAL MEDICAL AND PUBLIC HEALTH AND EMERGENCY SERVICES RESOURCES IN THE STATE.THE MAG MRC IS PART OF A STATE AND NATIONAL NETWORK OF MRC. THERE ARE NEARLY 1,000 COMMUNITY-BASED MRC UNITS AND 200,000 MRC VOLUNTEERS IN THE U.S. AND ITS TERRITORIES, INCLUDING 19 MRC UNITS IN GEORGIA.THE MAG MRC HAS RECEIVED GRANTS FROM THE GEORGIA TRAUMA CARE NETWORK AND THE NATIONAL ASSOCIATION OF COUNTY AND CITY HEALTH OFFICIALS.MAG MRC MEMBERS ARE CITIZEN VOLUNTEERS. THE MAG MRC INCLUDES PHYSICIANS AND NON-PHYSICIANS.THE MAG MRC IS A GREAT WAY FOR RESIDENTS AND MEDICAL STUDENTS TO DEVELOP THEIR SKILL SETS AND PROFESSIONAL NETWORKS.THE MAG MRC CONDUCTS MONTHLY CLASSROOM TRAINING AND QUARTERLY DRILLS (E.G., RESPONDING TO MASS CASUALTY EVENTS, SETTING UP MOBILE HOSPITALS, AND PRACTICING AEROMEDICAL TRANSPORTATION AND EVACUATION).MAG MRC MEMBERS PARTICIPATE IN AT LEAST ONE TRAINING EXERCISE A YEAR WHICH NORMALLY LAST ONE TO TWO DAYS.MAG MRC MEMBERS ARE REQUIRED TO REGISTER WITH THE 'GEORGIA RESPONDS: STATE EMERGENCY REGISTRY OF VOLUNTEERS IN GEORGIA' (SERVGA) SYSTEM.


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Board, Officers & Key Employees

Name (title)Compensation
Donald J Palmisano Jr
Executive Director
$0
Jeremy T Bonfini
Executive Director
$0
Rob Schreiner MD
President
$0
Manoj H Shah MD
Vice President
$0
Zachary Lopater MD
Treasurer
$0
Aaron H Davidson MD
Secretary
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $170,000
All other contributions, gifts, grants, and similar amounts not included above$800
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$170,800
Total Program Service Revenue$0
Investment income $618
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $171,418

Grants Awarded

Over the last fiscal year, Mag Institute For Excellence In Medicine Inc has awarded $68,846 in support to 7 organizations.

Grant RecipientAmount

MEDICAL ASSOCIATION OF THE STATE OF ALABAMA

Org PageRecipient Profile

Montgomery, AL

PURPOSE: SMS CORE 3 OPIOID EDUCATION

$20,000

MICHIGAN STATE MEDICAL SOCIETY

Org PageRecipient Profile

East Lansing, MI

PURPOSE: SMS CORE 2 & 3 OPIOID EDUCATION

$12,500

LOUISIANA STATE MEDICAL SOCIETY

Org PageRecipient Profile

Baton Rouge, LA

PURPOSE: SMS CORE 3 OPIOID EDUCATION

$10,500

NORTH CAROLINA MEDICAL SOCIETY

Org PageRecipient Profile

Raleigh, NC

PURPOSE: SMS CORE 3 OPIOID EDUCATION

$10,500

MEDICAL SOCIETY OF VIRGINIA FOUNDATION

PURPOSE: SMS CORE 2 OPIOID EDUCATION

$5,346

KENTUCKY MEDICAL ASSOCIATION

Org PageRecipient Profile

Louisville, KY

PURPOSE: SMS CORE 3 OPIOID EDUCATION

$5,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Mag Institute For Excellence In Medicine Inc has recieved totaling $149,985.

Awarding OrganizationAmount
The Physicians Foundation Inc

Austin, TX

PURPOSE: TO PROVIDE A PRE-DETERMINED CURRICULUM, SPEAKERS AND OTHER RESOURCES TO HELP ORGANIZATIONS PROVIDE A QUALITY LEADERSHIP PROGRAM.

$149,985
View Grant Recipient Profile

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