Overview
What is The Medical Center Company?
The Medical Center Company (MCCO) is a not-for-profit district energy provider based in Cleveland, Ohio. MCCO specializes in producing and distributing electricity, steam, hot water, chilled water, compressed air, and vacuum to various educational, healthcare, cultural, and religious institutions within University Circle. Notable members include Case Western Reserve University and University Hospitals of Cleveland. MCCO's district energy system optimizes the use of fuels, power, and resources within the community, providing cost-effective services to its customers while operating in an environmentally sustainable manner. MCCO practices environmental stewardship by continuously adding renewable energy resources, such as solar panels, to meet a portion of their customers' electricity requirements. In 2013, MCCO redeveloped a 5-acre brownfield site and installed a 1 megawatt solar PV array, as well as owning several smaller solar arrays on university rooftops.
Official website here: www.mcco.org
Is The Medical Center Company legitimate?
The Medical Center Company is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Medical Center Company 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: $640,717
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,539,544
For more financial information, click here
Official website here: www.mcco.org
What is the mission statement of The Medical Center Company?
The Medical Center Company (MCCO) is a not-for-profit district energy provider that delivers affordable utilities to healthcare, educational, cultural, and religious institutions. Its major members include Case Western Reserve University and University Hospitals of Cleveland. MCCO optimizes resource use within the community, ensuring cost-effective services and environmentally sustainable operations. The organization prioritizes environmental stewardship, adding renewable energy resources such as solar arrays to meet a portion of its customers' electricity requirements. MCCO operates as a natural gas-fired facility and is committed to reducing emissions while promoting clean energy. Through energy efficiency optimization and the pursuit of renewable alternatives, MCCO strives to meet the varied energy needs of its not-for-profit clientele.
Official website here: www.mcco.org
Who is the CEO of The Medical Center Company?
Mc King is the Chairman/Secretary/Treasur of The Medical Center Company. The CEO's salary of The Medical Center Company is $332,225 and their total compensation is $388,491.
Official website here: www.mcco.org
What is the revenue of The Medical Center Company?
Who are the executives of The Medical Center Company and what are their salaries?
The average compensation at The Medical Center Company during 2022 was $96,372. There are 33 employees and 14 volunteers at The Medical Center Company.
Here are 24 key members and their salaries (The Medical Center Company's CEO's salary is $332,225 and their total compensation is $388,491):
- Mc King (President And Ceo)
- Helena Repidonis (Vp Operations)
- William Lung (Employee)
- Kenneth Scott (Employee)
- Mark Lamparelli (Employee)
- Andrew Harubin (Employee)
- Bradley Bond (Chairman/Secretary/Treasur) [Trustee/Director]
- Stephanie Corbett (Trustee)
- Keith Kallay Resg Aug 2022 (Trustee)
- Irvine Mcquarrie (Trustee)
- Kathleen Heflin (Trustee)
- Michael Lee (Vice Chair) [Trustee/Director]
- Russ Klimczuk Resg Apr 2022 (Trustee)
- Jennell Vick (Trustee)
- Julienne Melvin Res Apr 2022 (Trustee)
- Robyn Strosaker Res Apr 2022 (Trustee)
- Sonia Salvino (Trustee)
- Ron Willner (Trustee)
- Annapurna Valluri Apr - Cur (Trustee)
- Joe Ferrito Apr - Cur (Trustee)
- Grant Goodrich (Trustee)
- Dean Tufts Aug - Cur (Trustee)
- Stathis Antoniades May - Cur (Trustee)
- Ron Neill Aug - Cur (Trustee)
Official website here: www.mcco.org
Where can I find the form 990 for The Medical Center Company?
The The Medical Center Company’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.mcco.org
Learn more at the official website: www.mcco.org
Mission Statement of The Medical Center Company
The Medical Center Company (MCCO), a not-for-profit district energy provider, plays a significant role in supplying affordable utilities to various healthcare, educational, cultural, and religious institutions in the community. With Case Western Reserve University and University Hospitals of Cleveland as its major members, MCCO optimizes the use of fuels, power, and resources within the community, ensuring cost-effective and environmentally sustainable services for its customers.
MCCO's operations extend beyond just the production and distribution of electricity, steam, hot water, chilled water, compressed air, and vacuum. Committed to reducing emissions and promoting clean energy, MCCO operates as a 100% natural gas-fire facility. The company employs energy efficiency optimization processes and continues to explore additional renewable, sustainable, and resilient alternatives, such as solar energy.
In 2013, MCCO transformed a 5-acre brownfield site and installed a 1 megawatt solar PV array as part of its efforts to incorporate zero emission renewable energy resources. The company also manages three solar arrays - a 37.4 kW array, a 67 kW array, and a 44.1 kW array - located on university rooftops, further bolstering its commitment to renewable energy sources. Through these initiatives, MCCO not only powers the daily needs of its institutional customers but also contributes to a greener and more sustainable energy landscape.
Impact
This information is meant to be a general summary of The Medical Center Company. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
The Medical Center Company plays a critical role in supplying low-cost utilities to numerous healthcare, educational, cultural, and religious institutions in University Circle. By operating a district energy system, The Medical Center Company efficiently utilizes fuels, power, and resources, delivering cost-effective services to its customers while operating in a more environmentally sustainable manner. The company's commitment to environmental stewardship is evident through its incorporation of zero-emission renewable energy resources, such as solar arrays, to meet its customers' electricity needs. Additionally, The Medical Center Company's focus on reducing emissions and promoting clean energy showcases its dedication to energy efficiency optimization and the pursuit of sustainable alternatives.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RECEIPTS
Revenue
$42,643,984
Organization Details
Founding Year
1932
Phone
(216) 368-4256
Principal Officer
Mc King
Main Address
2250 CIRCLE DRIVE, CLEVELAND, OH, 441062664
Website
www.mcco.org
NTEE Category
Code: W80 - Public benefit
If you are a representative of The Medical Center Company and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.