Mississippi Medical Education And Research Consortium
- Assets
- $86.4k
- Revenue
- $34.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Greenville, MS
- Founding
- 10/2019
- Data as of
- 06/2023
- EIN
- 83-1876792
Organization Overview
Mississippi Medical Education And Research Consortium is located in Greenville, MS. The organization was established in 2019. According to its NTEE Classification (E70) the organization is classified as: Public Health, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mississippi Medical Education And Research Consortium 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 06/2023, Mississippi Medical Education And Research Consortium generated $34.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (32.2%) each year. All expenses for the organization totaled $31.2k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (22.7%) per year over the past 5 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO INCREASE THE NUMBER OF PHYSICIANS IN THE RURAL AND UNDERSERVED AREAS OF MISSISSIPPI.
Describe the Organization's Program Activity:
Part 3 - Line 4a
A PRINCIPAL FUNCTION OF MSMERC IS THAT IT SERVES AS THE ACCREDITATION COUNCIL FOR GRADUATE MEDICAL EDUCATION'S (ACGME) SPONSORING INSTITUTION FOR MISSISSIPPI DELTA FAMILY MEDICINE RESIDENCY PROGRAM. AFTER RECEIVING ACGME INITIAL ACCREDITATION IN EARLY 2020, MSMERC'S DELTA FAMILY MEDICINE BEGAN TO PARTICIPATE IN THE NATIONAL RESIDENCY MATCH MATCH PROGRAM (NRMP. EACH YEAR, THE FAMILY MEDICAL PROGRAM HAS SUCCESSFULLY MATCHED GRADUATING MEDICAL STUDENTS. THE 3 CLASSES OF TRAINEES HAVE LOCATED IN THE GREENVILLE, MS COMMUNITY. ALONG WITH ACADEMIC OVERSIGHT MSMERC ASSISTED WITH RECRUITMENT OF THE THE RESIDENT TRAINING CLASSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Courtney Phillips President | OfficerTrustee | $0 | |
Iris Yeldell Stacker Sec/treas | OfficerTrustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $3,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $31,600 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $34,600 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $34,600 |
| 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 | $1,285 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,124 |
| Office expenses | $2,204 |
| Information technology | $884 |
| 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 | $541 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,890 |
| Insurance | $489 |
| All other expenses | $1,278 |
| Total functional expenses | $31,176 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $74,314 |
| Savings and temporary cash investments | $0 |
| 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 | $11,692 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $372 |
| Total assets | $86,378 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $86,378 |
| 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 | $86,378 |