Overview
What is Medical Debt Resolution Inc?
Medical Debt Resolution Inc is a New York-based nonprofit organization, specifically located at 28-07 Jackson Ave, 5th Floor, Long Island City, NY 11101. The mission of this organization is to relieve individuals from the burden of medical debt. They target individuals earning 400% or less than the federal poverty level or those carrying a medical debt that exceeds 5% of their estimated annual household gross income. The organization's activities center around locating, acquiring, and abolishing medical debts to bring financial relief to those in need. With a workforce of 20 employees, they are dedicated to ending medical debt.
Official website here: www.ripmedicaldebt.org
Is Medical Debt Resolution Inc legitimate?
Medical Debt Resolution Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Medical Debt Resolution Inc 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: $822,171
Professional Fundraising Fees: $1,079,000
Other Salaries and Wages: $347,554
For more financial information, click here
Official website here: www.ripmedicaldebt.org
What is the mission statement of Medical Debt Resolution Inc?
Medical Debt Resolution Inc is dedicated to alleviating the burden of medical debt for individuals. The organization's mission is to eliminate medical debt for people earning 400% or less than the federal poverty level, or those carrying a debt exceeding 5% of their estimated annual household gross income. By locating, acquiring, and abolishing medical debt, Medical Debt Resolution Inc aims to bring relief to those struggling with overwhelming medical expenses.
Official website here: www.ripmedicaldebt.org
Who is the CEO of Medical Debt Resolution Inc?
Allison Sesso is the Ceo & President of Medical Debt Resolution Inc. The CEO's salary of Medical Debt Resolution Inc is $290,193 and their total compensation is $313,176.
Official website here: www.ripmedicaldebt.org
What is the revenue of Medical Debt Resolution Inc?
Medical Debt Resolution Inc's revenue in 2022 was $42,872,028.
Official website here: www.ripmedicaldebt.org
Who are the executives of Medical Debt Resolution Inc and what are their salaries?
The average compensation at Medical Debt Resolution Inc during 2022 was $58,486. There are 20 employees and 13 volunteers at Medical Debt Resolution Inc.
Here are 22 key members and their salaries (Medical Debt Resolution Inc's CEO's salary is $290,193 and their total compensation is $313,176):
- Allison Sesso (Ceo & President)
- Ruth Lande (Vp Hospital Relations)
- David Reynolds (Vp Info Systems)
- Priscilla Thomas-Keith (Vp Program Management)
- Charles Russek (Senior Software Developer)
- Jana Knauerova (Vp Finance & Administration)
- Mikel Burroughs (Director Military Debt Acq.)
- Eva Stahl (Vp Public Policy)
- Craig Antico (Debt Operations Consultant)
- William Von Mueffling (Director & Board Chair)
- Michele Masucci (Director & Vice Chair)
- Jose Penabad (Director & Treasurer)
- Ted Sann (Director & Secretary)
- Harold Ashton (Director)
- Dr Oxiris Barbot (Director)
- Robert Goff (Director)
- Jon Lindsey (Director)
- Elizabeth Marincola (Director)
- Dr Ram Raju (Director)
- Magan Ray (Director)
- Jeff Smedsrud (Director)
- Jonathan Wiggs (Director (From 12/2022))
Official website here: www.ripmedicaldebt.org
Where can I find the form 990 for Medical Debt Resolution Inc?
The Medical Debt Resolution Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.ripmedicaldebt.org
Learn more at the official website: www.ripmedicaldebt.org
Mission Statement of Medical Debt Resolution Inc
Medical Debt Resolution Inc, a mission-driven organization, is committed to eradicating medical debt for individuals who earn 400% or less than the federal poverty level or have medical debt constituting more than 5% of their estimated annual household gross income. In simpler terms, this nonprofit aims to provide relief from burdensome medical debts for qualifying individuals.
The organization's primary focus is on locating, acquiring, and abolishing medical debts. It targets individuals who are struggling financially due to overwhelming medical bills, offering them the opportunity to be free from this financial burden. By effectively addressing medical debt, Medical Debt Resolution Inc aspires to improve the financial well-being of those it serves, allowing them to focus on their health and overall welfare.
Moreover, Medical Debt Resolution Inc's efforts are geared towards extending a helping hand to those most in need. By working diligently to alleviate medical debt, this organization plays a crucial role in providing relief and financial stability to individuals who might otherwise be buried under mounting medical bills. This, in turn, enables them to focus on their recovery and rebuilding their lives.
Impact
This information is meant to be a general summary of Medical Debt Resolution Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Medical Debt Resolution Inc has a significant impact on individuals facing medical debt burdens. By locating, acquiring, and abolishing medical debt for those earning 400% or less than the federal poverty level, or who have medical debt exceeding 5% of their estimated annual household gross income, this organization provides much-needed relief to those struggling with healthcare-related financial challenges. Through its efforts in Long Island City, NY, Medical Debt Resolution Inc is actively working towards its mission of ending medical debt and making a tangible difference in the lives of those in need.
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:
Organization Details
Founding Year
2014
Phone
(844) 637-3328
Principal Officer
Allison Sesso
Main Address
28-07 JACKSON AVE 5TH FL, LONG ISLAND CITY, NY, 11101
Website
www.ripmedicaldebt.org
NTEE Category
Code: P50 - Human services
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