Centro Medico Community Clinic Inc
- Assets
- $8.4m
- Revenue
- $12.4m
- Investments
- $0.0
- Employees
- 52
- Location
- Corona, CA
- Founding
- 04/2002
- Data as of
- 05/2023
- EIN
- 33-0986880
Organization Overview
Centro Medico Community Clinic Inc is located in Corona, CA. The organization was established in 2002. According to its NTEE Classification (E20) the organization is classified as: Hospitals, under the broad grouping of Health Care and related organizations. As of 05/2023, Centro Medico Community Clinic Inc employed 52 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Centro Medico Community Clinic 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 05/2023, Centro Medico Community Clinic Inc generated $12.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 21.8% each year . All expenses for the organization totaled $13.2m during the year ending 05/2023. While expenses have increased by 19.5% per year over the past 7 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
PROVIDES QUALITY HEALTH CARE TO POPULATIONS THAT ARE TRADITIONALLY UNDERSERVED
Describe the Organization's Program Activity:
Part 3 - Line 4a
CMCC PROVIDES QUALITY HEALTH CARE INCLUDING DENTAL SERVICES TO POPULATIONS THAT ARE TRADITIONALLY UNDERSERVED DUE TO SOCIAL ECONOMIC STATUS, LANGUAGE OR OTHER BARRIERS, AND COLLABORATES WITH PUBLIC AND PRIVATE AGENCIES TO REACH THOSE IN MOST NEED OF HEALTH SERVICES IN THE COMMUNITY. OUR SERVICES ARE PROVIDED IN A CULTURALLY COMPETENT MANNER AND ARE DIRECTED TO SAVE LIVES, PROMOTE GOOD HEALTH AND PREVENT THE OCCURRENCE OF POOR HEALTH OR FUNCTIONAL IMPAIRMENT. OUR SERVICES ARE AVAILABLE AT RATES CONSISTENT WITH OUR PATIENT'S ABILITY TO PAY. WE BELIEVE IT TO BE PART OF OUR MISSION TO ACTIVELY SEARCH FOR THOSE IN NEED OF HEALTH CARE SERVICES, AND TO CREATIVELY PROMOTE THE WELFARE OF THE COMMUNITY BY ADVOCATING, EDUCATING AND TREATING OUR PATIENTS WITH UTMOST CARE AND PROFESSIONALISM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
George Braunstein Chairman | OfficerTrustee | 1 | $0 |
Robert Guglielmi Treasurer | OfficerTrustee | 1 | $0 |
Daniela Beltran Board Member | Trustee | 1 | $0 |
Sarahi Galindo Board Member | Trustee | 1 | $0 |
Geoffrey Lands Board Member | Trustee | 1 | $0 |
Allina Mares Board Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Dr Saied I Saied Medical Provider Services | 5/30/22 | $120,000 |
Ejp & Associates Llc Accounting Services | 5/30/22 | $111,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,306,505 |
| All other contributions, gifts, grants, and similar amounts not included above | $378,800 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,685,305 |
| Total Program Service Revenue | $10,578,644 |
| Investment income | $2 |
| 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 | $12,380,622 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $538,882 |
| Compensation of current officers, directors, key employees. | $107,776 |
| Compensation to disqualified persons | $2,426,727 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $302,102 |
| Payroll taxes | $215,994 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $235,159 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,522,148 |
| Advertising and promotion | $24,302 |
| Office expenses | $273,701 |
| Information technology | $278,111 |
| Royalties | $0 |
| Occupancy | $415,892 |
| Travel | $83,129 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $21,573 |
| Interest | $7,021 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $249,458 |
| Insurance | $67,196 |
| All other expenses | $17,345 |
| Total functional expenses | $13,205,604 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,924,369 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $492,942 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $2,984 |
| Net Land, buildings, and equipment | $2,121,786 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $1,596,111 |
| Other assets | $220,275 |
| Total assets | $8,358,467 |
| Accounts payable and accrued expenses | $4,065,467 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,466,094 |
| Total liabilities | $6,531,561 |
| Net assets without donor restrictions | $1,826,906 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $8,358,467 |