Interchurch Medical Assistance Inc
- Assets
- $54.3m
- Revenue
- $81.7m
- Investments
- $0.0
- Employees
- 183
- Location
- Baltimore, MD
- Founding
- 05/2019
- Data as of
- 09/2023
- EIN
- 52-2112460
Organization Overview
Interchurch Medical Assistance Inc, operating under the name Corus World Health IMA World Health, is located in Baltimore, MD. The organization was established in 2019. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 09/2023, Corus World Health IMA World Health employed 183 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Corus World Health IMA World Health 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 09/2023, Corus World Health IMA World Health generated $81.7m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.5%) each year. All expenses for the organization totaled $75.6m during the year ending 09/2023. As we would expect to see with falling revenues, expenses have declined by (3.4%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2022, Corus World Health IMA World Health has awarded 30 individual grants totaling $45,189,726. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO ADVANCE HEALTH AND HEALING FOR VULNERABLE AND MARGINALIZED PEOPLE IN THE DEVELOPING WORLD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MOMENTUM: THIS IS A COOPERATIVE AGREEMENT SUPPORTED BY THE UNITED STATES AGENCY FOR INTERNATIONAL DEVELOPMENT (USAID). IT IS DESIGNED TO STRENGTHEN THE QUALITY AND RESILIENCE OF VOLUNTARY FAMILY PLANNING (FP), REPRODUCTIVE HEALTH (RH), AND MATERNAL, NEWBORN AND CHILD HEALTH (MNCH) CARE AND SERVICE DELIVERY IN FRAGILE SETTINGS, AS PART OF THE MOMENTUM SUITE OF AWARDS.
OTHER HEALTH-BASED CAPACITY BLDG & SVCS
IMPROVED HEALTH SERVICE DELIVERY (IHSD)-INTEGRATED HEALTH RESILIENCE ACTIVITY IN HAITI: IMA WORLD HEALTH IS IMPLEMENTING THE IMPROVED HEALTH SERVICE DELIVERY (IHSD)-INTEGRATED HEALTH RESILIENCE ACTIVITY IN COLLABORATION WITH ITS CONSORTIUM OF LOCAL PARTNERS. IHSD IS IMPROVING SERVICES AND OUTCOMES FOR FAMILY PLANNING; SEXUAL AND REPRODUCTIVE HEALTH; MATERNAL, NEWBORN, CHILD AND ADOLESCENT HEALTH; NUTRITION; HIV; TUBERCULOSIS; AND WATER, SANITATION, AND HYGIENE (WASH).
ESSENTIAL SERVICES FOR MATERNAL AND CHILD HEALTH PROGRAMME IN DEMOCRATIC REPUBLIC OF CONGO: IMA WORLD HEALTH IMPLEMENTS THE ESSENTIAL SRVICES FOR MATERNAL AND CHILD HEALTH (SEMI) PROJECT IN ALL HEALTH ZONES OF THE KASAI PROVINCE. BY DEVELOPING THE HEALTH SYSTEM AND ADDRESSING PREVENTABLE DEATHS OF MOTHERS AND BABIES, IMA WORLD HEALTH WORKS TO REDUCE SOCIAL INEQUITIES IN ACCESS TO HEALTH CARE THROUGH SEMI.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel Speckhard President & CEO | OfficerTrustee | 0 | $0 |
Joann Theys SVP Finance & Admin, CFO | OfficerTrustee | 0 | $0 |
Tim Mccully Evp Impact & Partnership | OfficerTrustee | 0 | $0 |
Edward Byrd VP External Relations | Officer | 0 | $0 |
Andrea M Wilson General Counsel/vp, Compliance | Officer | 0 | $0 |
Derek Reynolds Former VP Business Develop | 0 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
1730 M Street Llc Rent | 9/29/23 | $813,722 |
Ida Foundation Medical Services | 9/29/23 | $608,660 |
League Of Women Voters Of Usa Rent | 9/29/23 | $369,031 |
Atlas Technology Solutions Inc Payroll Processing | 9/29/23 | $343,039 |
Cesc 1730 M Street Llc Rent | 9/29/23 | $301,263 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $78,834,843 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,755,252 |
| Noncash contributions included in lines 1a–1f | $140,467 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $81,590,095 |
| Total Program Service Revenue | $48,819 |
| Investment income | $111,251 |
| 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 | $81,744,162 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $20,526,844 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $7,113,471 |
| 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 | $11,771,784 |
| Pension plan accruals and contributions | $932,040 |
| Other employee benefits | $5,431,829 |
| Payroll taxes | $613,155 |
| Fees for services: Management | $2,027,329 |
| Fees for services: Legal | $62,696 |
| Fees for services: Accounting | $102,451 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $6,250 |
| Fees for services: Other | $340,741 |
| Advertising and promotion | $113,104 |
| Office expenses | $1,204,505 |
| Information technology | $137,821 |
| Royalties | $0 |
| Occupancy | $1,281,155 |
| Travel | $3,453,266 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $39,372 |
| Interest | $56,285 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $12,329 |
| Insurance | $84,887 |
| All other expenses | $144,271 |
| Total functional expenses | $75,608,684 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $14,891,197 |
| Savings and temporary cash investments | $1,248,918 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,649,667 |
| 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 | $2,724,140 |
| Net Land, buildings, and equipment | $171,252 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $33,637,693 |
| Total assets | $54,322,867 |
| Accounts payable and accrued expenses | $7,128,361 |
| 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 | $31,595,619 |
| Total liabilities | $38,723,980 |
| Net assets without donor restrictions | $13,865,600 |
| Net assets with donor restrictions | $1,733,287 |
| 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 | $54,322,867 |
Grants Awarded
Over the last fiscal year, Interchurch Medical Assistance Inc has awarded $20,521,776 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN BAR ASSOCIATION FUND FOR JUSTICE PURPOSE: SEE PART IV | $21,870 |
BAO SYSTEMS PURPOSE: SEE PART IV | $333,948 |
COOPERATIVE FOR ASSISTANCE & RELIEF EVERY PURPOSE: SEE PART IV | $1,686,510 |
GOAL USA FUND PURPOSE: SEE PART IV | $660,888 |
JOHNS HOPKINS UNIVERSITY PURPOSE: SEE PART IV | $97,859 |
JSI RESEARCH & TRAINING INSTITUTE INC PURPOSE: SEE PART IV | $7,930,414 |