Clinical Initiatives Inc
- Assets
- $1.5m
- Revenue
- $2.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Rootstown, OH
- Founding
- 08/2014
- Data as of
- 06/2021
- EIN
- 46-4173762
Organization Overview
Clinical Initiatives Inc is located in Rootstown, OH. The organization was established in 2014. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, 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. Clinical Initiatives 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 06/2021, Clinical Initiatives Inc generated $2.2m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 73.7% each year . All expenses for the organization totaled $1.8m during the year ending 06/2021. While expenses have increased by 71.1% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O, CLINICAL INITIATIVES INC HAS BEEN CREATED TO SUPPORT NORTHEAST OHIO MEDICAL UNIVERSITY, A PUBLIC UNIVERSITY AND AN INSTRUMENTALITY OF THE STATE OF OHIO, BY PROVIDING NONPROFIT HEALTH AND PHARMACEUTICAL SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATED PHARMACY FOR THE BENEFIT OF THE UNIVERSITY AND THE PUBLIC.
MEDICAL CLINIC PROVIDING PRIMARY CARE SERVICES TO THE UNIVERSITY AND SURROUNDING AREA.
A STUDENT RUN FREE MEDICAL CLINIC IS AVAILABLE FOR LOW INCOME POPULATIONS.
SUPPORT OF OTHER SERVICES INCLUDING MEDICATION MONITORING, ONSITE AND OFFSITE FLU CLINICS, CONTINUING PROFESSIONAL EDUCATION AND DISEASE MANAGMENT.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Langell President | OfficerTrustee | 1 | $0 |
Richard Kasmer Vice President | OfficerTrustee | 1 | $0 |
Mary Taylor Treasurer | OfficerTrustee | 1 | $0 |
Maria Schimer Secretary | OfficerTrustee | 1 | $0 |
Elisabeth Young Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $533,950 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $533,950 |
| Total Program Service Revenue | $1,704,043 |
| Investment income | $12 |
| 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 | $2,238,334 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $319,359 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $71,241 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,499 |
| Fees for services: Accounting | $46,199 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $131,911 |
| Advertising and promotion | $3,380 |
| Office expenses | $42,514 |
| Information technology | $3,708 |
| Royalties | $0 |
| Occupancy | $157,166 |
| Travel | $937 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $5,804 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,935 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,783,938 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,161,104 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $414,402 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $119,897 |
| Prepaid expenses and deferred charges | $2,929 |
| Net Land, buildings, and equipment | $153,484 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | -$1,134,733 |
| Intangible assets | $0 |
| Other assets | $785,539 |
| Total assets | $1,502,622 |
| Accounts payable and accrued expenses | $1,946,689 |
| Grants payable | $0 |
| Deferred revenue | $141,395 |
| 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 | $692,570 |
| Total liabilities | $2,780,654 |
| Net assets without donor restrictions | -$1,278,032 |
| 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 | $1,502,622 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Clinical Initiatives Inc has recieved totaling $11,202.
| Awarding Organization | Amount |
|---|---|
Charitable Healthcare Network Inc Columbus, OH PURPOSE: TO PROVIDE SERVICES TO UNINSURED PATIENTS | $11,202 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Youngstown State University Foundation Youngstown, OH | $318,269,128 | $38,933,738 |
Michigan State University Foundation East Lansing, MI | $535,425,307 | $55,850,938 |
Ivy Tech Foundation Inc Indianapolis, IN | $133,152,328 | $30,082,278 |
Kent State University Foundation Kent, OH | $245,939,628 | $27,886,498 |
University Of Akron Foundation Akron, OH | $205,506,114 | $14,662,521 |
School Employees Benefit Trust Cincinnati, OH | $16,584,284 | $19,989,967 |
Marshall University Foundation Incorporated Huntington, WV | $365,151,220 | $39,444,191 |
Friends Of Breakthrough Schools Cleveland, OH | $75,617,435 | $14,315,646 |
Eastern Michigan University Foundation Ypsilanti, MI | $82,145,619 | $14,420,618 |
Michigan Tech Fund Houghton, MI | $217,061,508 | $42,674,434 |
Ers Strategic Properties Inc Rootstown, OH | $122,229,530 | $11,683,070 |
Employee Benefit Trust Of Northampton Co Area Community Coll Bethlehem, PA | $1,194,772 | $10,407,527 |