Friends Of Volunteers In Medicine Clinic Inc
- Assets
- $5.8m
- Revenue
- $1.1m
- Investments
- $4.7m
- Employees
- 0
- Location
- Stuart, FL
- Founding
- 02/2001
- Data as of
- 12/2023
- EIN
- 65-1064420
Organization Overview
Friends Of Volunteers In Medicine Clinic Inc is located in Stuart, FL. The organization was established in 2001. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of Volunteers In Medicine 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 12/2023, Friends Of Volunteers In Medicine Clinic Inc generated $1.1m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $1.2m during the year ending 12/2023. While expenses have increased by 12.6% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE FRIENDS OF VOLUNTEERS IN MEDICINE CLINIC SUPPORTS AND ENABLES THE VOLUNTEERS IN MEDICINE CLINIC.VOLUNTEERS IN MEDICINE (VIM) CLINIC SERVES THE HEALTH AND WELLNESS NEEDS OF THE MEDICALLY INDIGENT IN MARTIN COUNTY, FLORIDA. THIS IS ACCOMPLISHED THROUGH THE EFFORTS OF VOLUNTEER MEDICAL PERSONNEL, WORKING IN CONCERT WITH AVAILABLE MEDICAL RESOURCES AND WITH THE SUPPORT OF THE COMMUNITY. OVER 100 VOLUNTEERS INCLUDING PHYSICIANS, NURSE PRACTITIONERS, PHYSICIAN ASSISTANTS, NURSES AND LAY PERSONNEL GIVE THEIR TIME AND EXPERTISE TO PROVIDE CARE AT NO CHARGE FOR ADULTS EARNING BELOW 200% OF THE FEDERAL POVERTY LEVEL AND LEGALLY RESIDING IN MARTIN COUNTY, FL. NURSE PRACTITIONERS INCLUDING A SPECIALIST IN PSYCHIATRY, SOCIAL WORKER, NURSE, MEDICAL ASSISTANTS AND ADMINISTRATIVE STAFF MAKE UP THE PAID STAFF. THE MEDICAL DIRECTOR IS A VOLUNTEER. IN ADDITION TO PRIMARY CARE, SPECIALTY CLINICS INCLUDE ALLERGY, DERMATOLOGY, ENDOCRINOLOGY,GASTROENTEROLOGY,GYNECOLOGY,MENTAL HEALTH,OPHTHALMOLOGY,
Describe the Organization's Program Activity:
Part 3 - Line 4a
FUNDING PROVIDED TO THE VOLUNTEERS IN MEDICINE CLINIC TO ASSIST IN PROVIDING DIRECT HEALTH CARE TO INDIGENT POPULATION OF MARTIN COUNTY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Fields Executive Director | Trustee | 10 | $0 |
Ivins Steinhauer Board Member | Trustee | 2 | $0 |
Chuck Cleaver CPA President | Trustee | 2 | $0 |
Bob Cea Treasurer | OfficerTrustee | 2 | $0 |
Mark Cocorullo Board Member | Trustee | 2 | $0 |
Patsy Conrades Board Member | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $299,844 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $479,407 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $779,251 |
| Total Program Service Revenue | $0 |
| Investment income | $177,199 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $50,000 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $101,308 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,107,758 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $6,000 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $9,139 |
| Insurance | $4,990 |
| All other expenses | $10,230 |
| Total functional expenses | $1,179,913 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $515,092 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $189,159 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $386,169 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $4,718,646 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,809,066 |
| Accounts payable and accrued expenses | $9,670 |
| Grants payable | $0 |
| Deferred revenue | $143,582 |
| 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 | $14,628 |
| Total liabilities | $167,880 |
| Net assets without donor restrictions | $5,452,027 |
| Net assets with donor restrictions | $189,159 |
| 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 | $5,809,066 |