Institute For International Medicine
- Assets
- $392.8k
- Revenue
- $514.2k
- Investments
- $0.0
- Employees
- 8
- Location
- Liberty, MO
- Founding
- 03/2004
- Data as of
- 06/2022
- EIN
- 75-3128625
Organization Overview
Institute For International Medicine is located in Liberty, MO. The organization was established in 2004. According to its NTEE Classification (B50) the organization is classified as: Graduate & Professional Schools, under the broad grouping of Education and related organizations. As of 06/2022, Institute For International Medicine employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Institute For International Medicine 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 06/2022, Institute For International Medicine generated $514.2k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.4%) each year. All expenses for the organization totaled $469.0k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (4.0%) per year over the past 7 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO EDUCATE AND TRAIN HEALTHCARE PROFESSIONALS AND HEALTHCARE STUDENTS TO SERVE UNDERSERVED AND FORGOTTEN PEOPLE, THROUGH TRAINING PROGRAMS AND RELATED CONFERENCES, SYMPOSIUMS AND SERVICE-LEARNING EXPERIENCES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SELF-PACED AND STANDALONE COURSES - ONLINE AND OTHER COURSES FOR HEALTH CARE STUDENTS AND PROFESSIONALS THAT PROVIDE THE BASIC KNOWLEDGE TO SERVE IN RESOURCE LIMITED SETTINGS. THE COURSES ARE ON THE FOLLOWING SUBJECT MATTER: ULTRASOUND FOR PRIMARY CARE, HELPING BABIES BREATHE, AND HUMANITARIAN RESPONSE.
DIPLOMA AND PROFESSIONAL CERTIFICATE PROGRAMS - PROVIDES ACADEMIC, SKILLS AND SERVICE-LEARNING EXPERIENCES FOR HEALTH CARE STUDENTS AND PROFESSIONALS TO SERVE IN RESEOURCE LIMITED SETTINGS.
INMED CME - PROVIDING CONTINUING MEDICAL EDUCATION ACCREDITATION AND MANAGEMENT TO INMED PARTNERS.
HHC - THE ANNUAL HUMANITARIAN HEALTH CONFERENCE WITH A MISSION TO EQUIP, CONNECT AND GO HEALTH CARE STUDENTS AND PROFESSIONALS TO SERVE IN RESOURCE LIMITED SETTING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elizabeth Burgos Chief Prog D | Trustee | 40 | $0 |
Mike Searcy CFP Treasurer | OfficerTrustee | 1 | $0 |
Dr Nicholas Comninellis MD Ex Officio | Trustee | 1 | $0 |
Dr Donald Philgreen MD Vice Preside | OfficerTrustee | 1 | $0 |
Dr Peter Greenspan MD Secretary | OfficerTrustee | 1 | $0 |
Dr Timothy Myrick MD President | OfficerTrustee | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $22,305 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $22,305 |
| Total Program Service Revenue | $486,382 |
| Investment income | $4,295 |
| 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 | $514,232 |
| 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 | $262,680 |
| Pension plan accruals and contributions | $2,770 |
| Other employee benefits | $2,473 |
| Payroll taxes | $21,339 |
| Fees for services: Management | $11,765 |
| 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 | $32,044 |
| Advertising and promotion | $5,222 |
| Office expenses | $2,325 |
| Information technology | $34,317 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $16,168 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $19,836 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,338 |
| Insurance | $15,223 |
| All other expenses | $1,594 |
| Total functional expenses | $469,006 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $86,471 |
| Savings and temporary cash investments | $74,249 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $6,100 |
| Investments—publicly traded securities | $225,968 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $392,788 |
| Accounts payable and accrued expenses | $9,980 |
| 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 | $0 |
| Total liabilities | $9,980 |
| Net assets without donor restrictions | $382,808 |
| 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 | $392,788 |