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Omega Medical Grants Association

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 270383913 ✦ Rosemont, IL ✦ Designated as a 501(c)(3)

Overview

What is Omega Medical Grants Association?

Omega Medical Grants Association is a nonprofit organization situated in Rosemont, Illinois, specifically at 9400 W Higgens Road 205. Their primary mission is to provide financial assistance for orthopedic fellowships and Continuing Medical Education (CME) scholarships. In 2022, they received grants totaling $1,430,481 to support this cause. The association follows an open and transparent process to distribute these resources, ensuring there are no potential conflicts of interest. Their aim is to support graduate orthopedic medical education, contributing to the advancement of the field.


Official website here: www.omegamedicalgrants.org

Is Omega Medical Grants Association legitimate?

Omega Medical Grants Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Omega Medical Grants Association submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $252,535
Professional Fundraising Fees: $0
Other Salaries and Wages: $116,868

For more financial information, click here


Official website here: www.omegamedicalgrants.org

What is the mission statement of Omega Medical Grants Association?

The Omega Medical Grants Association's mission is centered around grant awards for graduate orthopedic medical education. They aim to accomplish this through an open and transparent process, safeguarding against potential conflicts of interest. The association's primary activity involves administering these grants, ensuring fairness and transparency in the allocation of resources. In 2022, they provided financial support for orthopedic fellowships and Continuing Medical Education scholarships, totaling $1,430,481.


Official website here: www.omegamedicalgrants.org

Who is the CEO of Omega Medical Grants Association?

John Glaser Md is the President of Omega Medical Grants Association.


Official website here: www.omegamedicalgrants.org

What is the revenue of Omega Medical Grants Association?

Omega Medical Grants Association's revenue in 2022 was $1,817,222.


Official website here: www.omegamedicalgrants.org

Who are the executives of Omega Medical Grants Association and what are their salaries?

Here are 9 key members and their salaries:

    Kristin Olds Glavin Esq (Executive Director)
  • Compensation: $45,659
  • Related: $410,917
  • Other: $68,047

    • Rhonda Taira (Managing Director)
  • Compensation: $180,960
  • Related: $0
  • Other: $19,113

    • John A Glaser Md (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert J Bielski Md (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • S Ashfaq Hasan Md (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kevin P Black Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert D Bronstein Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paul T Rubery Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rex C Haydon Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.omegamedicalgrants.org

    Where can I find the form 990 for Omega Medical Grants Association?

    The Omega Medical Grants Association’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.omegamedicalgrants.org

    Learn more at the official website: www.omegamedicalgrants.org

    Mission Statement of Omega Medical Grants Association

    The Omega Medical Grants Association is committed to awarding and managing grants for graduate orthopedic medical education. Their mission is designed to uphold transparency and safeguard against potential conflicts of interest in the allocation of resources. This is achieved through an accessible and open process, ensuring that funding is distributed equitably and fairly. The association provides financial support for orthopedic fellowships and Continuing Medical Education (CME) scholarships, contributing significantly to the advancement of orthopedic medicine. In 2022, they received grants totaling $1,430,481, further supporting their mission to promote educational opportunities in the field of orthopedics.

    Impact

    This information is meant to be a general summary of Omega Medical Grants Association. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Omega Medical Grants Association's impact is substantial in the field of graduate orthopaedic medical education. Through the OMEGA program, the organization provides crucial financial support for orthopaedic fellowships and CME scholarships. In 2022 alone, the program received grants totaling $1,430,481, enabling them to continue their mission of advancing medical education in this specialized area. The association's commitment to transparent and accessible processes ensures that resources are allocated effectively, safeguarding against potential conflicts of interest. Overall, Omega Medical Grants Association plays a vital role in supporting and advancing orthopaedic medical research and education, making a significant impact on the field.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $19,684
  • Program Service Revenue: $264,795
  • Gross Receipts: $2,911,861

    • Assets and Liabilities:
  • Total Assets: $3,000,228
  • Total Liabilities: $1,472,276
  • Net Assets: $1,527,952
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    ADMINISTRATIVE & APPLICATION FEES

    Revenue

    $264,795

    Organization Details

    Founding Year

    2010

    Principal Officer

    John Glaser Md

    Main Address

    9400 W HIGGINS ROAD 205, ROSEMONT, IL, 60018

    NTEE Category

    Code: H12 - Medical research

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