Carolinas Center For Medical Excellence Foundation
- Assets
- $518.2k
- Revenue
- $515.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 06/2019
- Data as of
- 07/2023
- EIN
- 83-2066990
Organization Overview
Carolinas Center For Medical Excellence Foundation is located in Wilmington, DE. The organization was established in 2019. According to its NTEE Classification (E12) the organization is classified as: Fund Raising & Fund Distribution, 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. Carolinas Center For Medical Excellence Foundation 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 07/2023, Carolinas Center For Medical Excellence Foundation generated $515.2k in total revenue. All expenses for the organization totaled $278.2k during the year ending 07/2023. While expenses have increased by 112.4% per year over the past 4 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.
Since 2021, Carolinas Center For Medical Excellence Foundation has awarded 15 individual grants totaling $530,056. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ian Buchanan Dir | 1 | $0 | |
Donald J Dipette MD Facp Faha Chairman, Dir | 1 | $0 | |
Quince D Fleming Jr MBA Dir, Sec | 1 | $0 | |
Jeffrey L Perkins Dir, Treas | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $515,000 |
| Interest on Savings | $152 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $515,152 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $15,175 |
| Total operating and administrative expenses | $15,175 |
| Contributions, gifts, grants paid | $262,976 |
| Total expenses and disbursements | $278,151 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $518,179 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $518,179 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Carolinas Center For Medical Excellence Foundation has awarded $262,976 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
ADULTS WORKING AND ADVOCATING FOR KIDS EMPOWERMENT PURPOSE: HEALING FOR CHILDREN FUND | $50,000 |
CAROLINA CARING INC PURPOSE: CERTIFIED NURSING ASSISTANT TRAINING CLASS | $5,496 |
CHILDREN IN CRISIS IN DORCHESTER PURPOSE: FORENSIC/CLINICAL SERVICES PROGRAM | $50,000 |
EMMANUWHEEL PURPOSE: MEETING THE ONGOING NEED FUND | $7,500 |
SOUTH CAROLINA IMMUNIZATION COALITION PURPOSE: EVERY VISIT IS A VACCINE VISIT (EV3) PROGRAM | $49,980 |
THE HOSPICE & HOME CARE FOUNDATION OF NORTH CAROLI PURPOSE: PILOTED CLINICAL ROTATION AND ON-BOARDING MODELS | $50,000 |