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Medical Alumni Association Of The University Of Maryland Inc

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

EIN: 520615433 ✦ Baltimore, MD ✦ Designated as a 501(c)(3)

Overview

What is Medical Alumni Association Of The University Of Maryland Inc?

Medical Alumni Association of the University of Maryland Inc is a nonprofit organization situated in Baltimore, Maryland. Their primary mission is to support the educational mission of the University of Maryland Medical School by providing an alumni association. They raise funds, with a notable contribution of $1,688,513 in gifts benefiting the medical school, some of which directly support programs and services for university affiliates. Additionally, they administer five student loan funds, including the MAA Revolving Student Loan Fund, Rowland Student Loan Fund, Rogers Loan Fund, White Emergency Loan Fund, and Hoffman Emergency Loan Fund, worth approximately $800,000. The association's activities aim to enhance efforts in carrying on the medical school's educational mission and preserve a historic teaching facility for future use by alumni and students. They currently have a workforce of three individuals.


Official website here: www.medicalalumni.org

Is Medical Alumni Association Of The University Of Maryland Inc legitimate?

Medical Alumni Association Of The University Of Maryland Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Medical Alumni Association Of The University Of Maryland 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: $324,648
Professional Fundraising Fees: $0
Other Salaries and Wages: $125,906

For more financial information, click here


Official website here: www.medicalalumni.org

What is the mission statement of Medical Alumni Association Of The University Of Maryland Inc?

The Medical Alumni Association of the University of Maryland Inc. serves as an alumni association for graduates of the University of Maryland Medical School, with a mission to strengthen efforts in upholding the school's educational mission. The association aims to preserve a historic teaching facility for future use by alumni and students. As a means of support, the Medical Alumni Association (MAA) raised funds, with a significant portion directed towards benefiting the medical school and its community, including 10,000 alumni, faculty, students, and friends. Furthermore, the MAA managed five student loan funds, including the MAA Revolving Student Loan Fund, Rowland Student Loan Fund, Rogers Loan Fund, White Emergency Loan Fund, and Hoffman Emergency Loan Fund, which were turned over to the university in FY22. These funds collectively hold an estimated value of $800,000.


Official website here: www.medicalalumni.org

Who is the CEO of Medical Alumni Association Of The University Of Maryland Inc?

Harry A Oken Md is the Executive Director of Medical Alumni Association Of The University Of Maryland Inc.


Official website here: www.medicalalumni.org

What is the revenue of Medical Alumni Association Of The University Of Maryland Inc?

Medical Alumni Association Of The University Of Maryland Inc's revenue in 2023 was $1,994,040.


Official website here: www.medicalalumni.org

Who are the executives of Medical Alumni Association Of The University Of Maryland Inc and what are their salaries?

The average compensation at Medical Alumni Association Of The University Of Maryland Inc during 2023 was $150,185. There are 3 employees and 100 volunteers at Medical Alumni Association Of The University Of Maryland Inc.

Here are 18 key members and their salaries:

    Lawrence Pitrof (Executive Director)
  • Compensation: $254,108
  • Related: $0
  • Other: $47,016

    • Walker Robinson Md (President Until May 2023) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Harry A Oken Md (President-Elect/President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • George Kochman Md (Vice President/President-Elect) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tuanh Tonnu Md (Treasurer/Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sachin Kalyani Md (Secretary/Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carole Miller Md (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joy W Chang Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert B Donegan Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Katherine Duncan Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Elizabeth D Feldman Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Neal M Friedlander Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dean Glaros Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • G Thomas Grace Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Elizabeth Lamos Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Shavonne Massey Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Julie Taylor Schultz Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marjorie K Warden Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.medicalalumni.org

    Where can I find the form 990 for Medical Alumni Association Of The University Of Maryland Inc?

    The Medical Alumni Association Of The University Of Maryland Inc’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.medicalalumni.org

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

    Mission Statement of Medical Alumni Association Of The University Of Maryland Inc

    The Medical Alumni Association of the University of Maryland Inc is established with a mission to bolster the educational mission of the University of Maryland Medical School. This mission is achieved by serving as an alumni association for graduates of the medical school. The association's primary objective is to enhance efforts in carrying forward the educational mission of the respected institution. Furthermore, the Medical Alumni Association aims to preserve a historic teaching facility for the use of alumni and students, ensuring its continued utility for future generations.

    In addition to its educational mission, the Medical Alumni Association of the University of Maryland Inc also engages in fundraising activities. The association raised a significant amount of $1,688,513 in gifts, contributing directly to the benefit of the medical school. A portion of these funds were allocated towards various programs and services, benefiting 10,000 alumni, faculty, students, and friends of the medical school. The association also administers several student loan funds, including the MAA Revolving Student Loan Fund, Rowland Student Loan Fund, Rogers Loan Fund, White Emergency Loan Fund, and Hoffman Emergency Loan Fund. These funds, valued at approximately $800,000, are instrumental in supporting medical students in need.

    Impact

    This information is meant to be a general summary of Medical Alumni Association Of The University Of Maryland Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    The impact of the Medical Alumni Association of the University of Maryland Inc is significant in enhancing the educational mission of the University of Maryland Medical School. Through fundraising efforts, the association raised over $1.6 million to benefit the medical school. This funding directly supported programs and services for alumni, faculty, students, and friends of the medical school.

    Additionally, the association administered student loan funds valued at approximately $800,000, which provided financial assistance to students in need. By providing this support, the association is helping to ensure that students can pursue their education without being burdened by excessive financial constraints.

    Overall, the Medical Alumni Association plays a crucial role in supporting the educational and financial needs of the University of Maryland Medical School community, contributing to the ongoing success and development of the institution.





    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 2023.

  • Investment Income: $43,086
  • Program Service Revenue: $38,270
  • Gross Receipts: $1,994,040

    • Assets and Liabilities:
  • Total Assets: $4,491,533
  • Total Liabilities: $37,642
  • Net Assets: $4,453,891
  • Programs

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

    REUNIONS & ACTIVITIES

    Revenue

    $34,275

    OTHER PROGRAM REVENUE

    Revenue

    $3,995

    Organization Details

    Founding Year

    1875

    Principal Officer

    Harry A Oken Md

    Main Address

    522 WEST LOMBARD STREET, BALTIMORE, MD, 21201

    NTEE Category

    Code: B84Z - Education

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