Medassist Of Mecklenburg

Organization Overview

Medassist Of Mecklenburg is located in Charlotte, NC. The organization was established in 1997. According to its NTEE Classification (P81) the organization is classified as: Senior Centers, under the broad grouping of Human Services and related organizations. As of 06/2021, Medassist Of Mecklenburg employed 39 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Medassist Of Mecklenburg 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, Medassist Of Mecklenburg generated $72.4m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 8.8% each year. All expenses for the organization totaled $69.3m during the year ending 06/2021. While expenses have increased by 7.9% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

NC MEDASSIST IS A NONPROFIT PHARMACY PROGRAM PROVIDING ACCESS TO LIFESAVING PRESCRIPTION MEDICATIONS, CLIENT SUPPORT, ADVOCACY AND OTHER SERVICES TO POOR, VULNERABLE, AND UNINSURED NORTH CAROLINA RESIDENTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

NC MEDASSIST IS A NONPROFIT PHARMACY PROGRAM PROVIDING ACCESS TO LIFESAVING PRESCRIPTION MEDICATIONS, PATIENT SUPPORT, ADVOCACY AND RELATED SERVICES TO POOR, VULNERABLE, AND UNINSURED NORTH CAROLINA RESIDENTS. WITHIN THE PHARMACY PROGRAM, THE MANUFACTURES ARE PULLING THE DONATED NAME BRAND DRUGS FROM THEIR FREE ASSISTANCE PROGRAMS. MEDASSIST MUST THEN PAY FOR THE GENERIC ALTERNATIVE. THEREFORE, OUR COSTS ARE INCREASING DRAMATICALLY.THE MOBILE FREE PHARMACY (MFP) MEDICINE PROGRAM RECEIVES DONATED OTC MEDICINE FROM SECOND HARVEST FOOD BANK OF METROLINA. OVER $4.8 MILLION IN AVERAGE RETAIL COST OF OTC MEDICINE WENT OUT TO LOW-INCOME FAMILIES THIS YEAR. STUDIES SHOW THAT FOR EVERY $1 IN VALUE OF OTC MEDICINE SPENT, THERE IS A $6 SAVINGS IN HEALTH CARE COSTS PREVENTED. THE SENIOR CARE PROGRAM IS A PHARMACY RESOURCE FOR ADULTS 65 AND OVER OR MEDICARE ELIGIBLE DISABLED ADULTS. IF MEDICARE PART D PRESCRIPTION BENEFITS RUN OUT DURING THE YEAR, SENIORS CAN UTILIZE THE PROGRAM TO LEARN ABOUT OTHER MEDICINE OPTIONS FROM OUR PHARMACIST WHO IS AN EXPERT IN MEDICARE POLICIES.THE TRANSITIONAL JOBS PROGRAM (TJP) WAS CREATED IN 2018 WITH THE MISSION TO HIRE AND TRAIN INDIVIDUALS WHO HAVE HAD BARRIERS TO EMPLOYMENT THROUGH MATTERS SUCH AS PERSONAL CIRCUMSTANCES, FAMILY ISSUES, OR INCARCERATION.NC MEDASSIST HIRES THESE ASSOCIATES AS PAID TEMPORARY EMPLOYEES AS THEY DEVELOP JOB SKILLS AND BUILD THEIR RESUMES.THUS, GIVING THEM A BETTER CHANCE TO BREAK THROUG THOSE BARRIERS AND FIND EMPLOYMENT WHEN THEY COMPLETE THE 120-DAY PROGRAM


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)Compensation
Dustin Allen
Pharmacy Mgr
$141,264
Lori Giang
Executive Direc
$134,409
Andrea Rogers
Pharmacist
$113,289
Kayla Marty
Secretary
$0
Patrick Easterling
Chairman
$0
Ashley Riley JD
Vice-Chair
$0

Financial Statements

Statement of Revenue
Federated campaigns$334,180
Membership dues$0
Fundraising events$110,035
Related organizations$0
Government grants $4,448,021
All other contributions, gifts, grants, and similar amounts not included above$67,526,121
Noncash contributions included in lines 1a–1f $64,327,085
Total Revenue from Contributions, Gifts, Grants & Similar$72,418,357
Total Program Service Revenue$0
Investment income $3,526
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 $72,421,883

Grants Recieved

Over the last fiscal year, we have identified 19 grants that Medassist Of Mecklenburg has recieved totaling $20,033,431.

Awarding OrganizationAmount
Direct Relief

Santa Barbara, CA

PURPOSE: SUPPORT TO US CLINICS & HEALTH CENTERS FOR LOW-INCOME, UNINSURED PATIENTS

$16,543,590
Americares Foundation Inc

Stamford, CT

PURPOSE: ONGOING

$1,187,252
Americares Foundation Inc

Stamford, CT

PURPOSE: ONGOING

$1,187,252
Duke Endowment

Charlotte, NC

PURPOSE: TO DEVELOP AND TEST A NEW APPROACH FOR IMPROVING MEDICATION COMPLIANCE FOR THE LOW-INCOME, UNINSURED IN NORTH CAROLINA.

$475,000
United Way Of Greater Charlotte

Charlotte, NC

PURPOSE: PROGRAM OPERATING COSTS; DONOR DESIGNATED 3RD PARTY FOR PROGRAM OPERATING COSTS

$276,629
Triangle North Healthcare Foundation Inc

Henderson, NC

PURPOSE: MOBILE PHARMACY PROGRAM FOR LOW INCOME AND UNINSURED PERSONS, AND COMMUNITY DAY EVENT.

$70,000
View Grant Recipient Profile

Create an account to unlock the data you need.

or