Remote Area Medical
- Assets
- $17.6m
- Revenue
- $5.5m
- Investments
- $0.0
- Employees
- 85
- Location
- Rockford, TN
- Founding
- 07/2015
- Data as of
- 12/2023
- EIN
- 58-1647546
Organization Overview
Remote Area Medical is located in Rockford, TN. The organization was established in 2015. According to its NTEE Classification (Q30) the organization is classified as: International Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2023, Remote Area Medical employed 85 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Remote Area Medical 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 12/2023, Remote Area Medical generated $5.5m in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $8.6m during the year ending 12/2023. 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
TO PREVENT PAIN AND ALLEVIATE SUFFERING BY PROVIDING FREE QUALITY HEALTHCARE TO THOSE IN NEED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
VOLUNTEER TEAMS PROVIDE FREE MEDICAL CARE TO PATIENTS IN THE UNITED STATES AND OTHER COUNTRIES. RAM SERVED 29,677 PATIENTS IN 2023, 7,296 WERE SERVED IN VARIOUS PARTS OF THE PHILIPPINES. THERE WERE 16,633 VOLUNTEERS (143 IN THE PHILLIPINES) ENGAGED TO PERFORM THESE SERVICES AT 96 CLINICS THROUGHOUT THE US AND 7 IN THE PHILIPPINES. VALUE OF CARE IS ESTIMATED AT $10,759,302.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Myers President | OfficerTrustee | 2 | $0 |
Chris Sawyer Vice President | OfficerTrustee | 2 | $0 |
John Osborn Secretary | OfficerTrustee | 2 | $0 |
Janet Southerland Director | Trustee | 1 | $0 |
Dick Stoops Director | Trustee | 1 | $0 |
Hazel Harper Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $7,186 |
| Related organizations | $0 |
| Government grants | $918,711 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,296,052 |
| Noncash contributions included in lines 1a–1f | $655,085 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,221,949 |
| Total Program Service Revenue | $0 |
| Investment income | $219,863 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $17,018 |
| Net Income from Fundraising Events | $22,560 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,483,901 |
| 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. | $483,152 |
| Compensation of current officers, directors, key employees. | $72,454 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,666,704 |
| Pension plan accruals and contributions | $72,393 |
| Other employee benefits | $760,998 |
| Payroll taxes | $241,932 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $49,229 |
| Fees for services: Accounting | $30,923 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $209,963 |
| Advertising and promotion | $360,328 |
| Office expenses | $250,699 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $140,903 |
| Travel | $916,195 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $38,942 |
| Interest | $1,644 |
| Payments to affiliates | $5,000 |
| Depreciation, depletion, and amortization | $456,646 |
| Insurance | $141,573 |
| All other expenses | $256,341 |
| Total functional expenses | $8,565,613 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,662,545 |
| Savings and temporary cash investments | $6,536,636 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,174,809 |
| Prepaid expenses and deferred charges | $316,307 |
| Net Land, buildings, and equipment | $4,000,830 |
| Investments—publicly traded securities | $1,752,074 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,146,694 |
| Total assets | $17,589,895 |
| Accounts payable and accrued expenses | $56,732 |
| 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 | $171,953 |
| Total liabilities | $228,685 |
| Net assets without donor restrictions | $17,029,851 |
| Net assets with donor restrictions | $331,359 |
| 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 | $17,589,895 |