2024-08-07T14:06:04-05:00 2023-12-31 540737372 PBMARES LLP 12150 MONUMENT DRIVE SUITE 350 FAIRFAX VA 22033 990 2023-01-01 010963657 NATIONAL MEDICAL FELLOWSHIPS INC NATI 2124838880 1199 NORTH FAIRFAX STREET 600 ALEXANDRIA VA 223141483 MICHELLENE DAVIS PRESIDENT & CEO 2124838880 2024-07-18 1 0 EDWARD T YODER CPA P00239134 7033858577 2024-07-18 X 2023 2024-08-08 14:25:15Z MICHELLENE DAVIS 1199 NORTH FAIRFAX STREET 600 ALEXANDRIA VA 223141483 5441202 0 X NMFONLINE.ORG X 1946 NY SCHOLARSHIPS/CLINICAL RESEARCH TRAINING TO UNDERREPRESENTED MEDICAL STUDENTS & PRACTITIONERS. 17 16 37 16 0 0 18021778 4893938 0 0 6307 547264 -219963 0 17808122 5441202 3045172 2552898 0 0 2535543 3407354 0 0 967313 2199919 2190884 7780634 8151136 10027488 -2709934 16882584 14600690 2943570 3361191 13939014 11239499 X THE MISSION OF NATIONAL MEDICAL FELLOWSHIPS, INC. ("NMF") IS TO BROADEN THE PATHWAYS TO MEDICAL EDUCATION FOR STUDENTS FROM COMMUNITIES UNDERREPRESENTED IN MEDICINE, PROVIDE TRANSFORMATIVE LEADERSHIP OPPORTUNITIES THAT HELP TO DIVERSIFY CLINICAL RESEARCH, AND DELIVER PROGRAMS AND SUPPORTS TO ENSURE THE FUTURE SUCCESS OF MEDICAL STUDENTS AND CURRENT PRACTITIONERS. 0 0 2595204 1494250 SERVICE LEARNING PROGRAMS - THE NMF SERVICE-LEARNING PROGRAMS PROVIDE SPECIAL OPPORTUNITIES FOR STUDENTS TO WORK HANDS-ON TO ENHANCE HEALTHCARE DELIVERY IN UNDERREPRESENTED COMMUNITIES. THESE PROGRAMS MATCH STUDENTS WITH MENTORS, OFTEN EMINENT NMF ALUMNI, AND FOCUS ON AREAS OF CRITICAL CLINICAL/PUBLIC HEALTH NEEDS. 603276 500 POST-GRADUATE PROGRAMS - NMF'S POST GRADUATE PROGRAMS PURSUE THE GOAL TO BECOME A LEADER IN THE NATIONAL EFFORT TO INCREASE DIVERSITY IN CLINICAL TRIAL RESEARCH IN FURTHERANCE OF THE ELIMINATION OF HEALTH CARE DISPARITIES. ESTABLISHED IN 2021, THE NATIONAL MEDICAL FELLOWSHIPS DIVERSITY IN CLINICAL TRIALS RESEARCH PROGRAM SEEKS TO INCREASE THE NUMBER OF CLINICIANS UNDERREPRESENTED IN MEDICINE WHO SERVE AS PRINCIPAL INVESTIGATORS, AS PART OF THE STRATEGY TO INCREASE PATIENT DIVERSITY IN CLINICAL RESEARCH TRIALS. 1484338 1058148 SCHOLARSHIPS AND AWARDS - NMF'S SCHOLARSHIPS AND AWARDS HAVE BEEN AT THE CORE OF ITS PROGRAMMING. NMF SCHOLARSHIP PROGRAMS RECOGNIZE MERIT AS WELL AS FINANCIAL NEED. OVER THE YEARS, FUNDING FOR SCHOLARSHIPS HAS COME FROM INDIVIDUALS, FOUNDATIONS, AND CORPORATIONS. NMF ACTIVELY SEEKS AND WELCOMES PARTNERSHIPS TO BUILD AND EXPAND THE TYPES AND AMOUNT OF SUPPORT WE PROVIDE TO OUR SCHOLARS. 470793 PUBLIC INFORMATION AND ALUMNI RELATIONS - NMF PROVIDES SCHOLARSHIP INFORMATION TO STUDENTS AND ACADEMIC INSTITUTIONS AND COMMUNICATES THE CRITICAL NEED FOR INCREASING THE NUMBER OF MINORITY PROFESSIONALS IN HEALTHCARE. NMF ALSO COORDINATES AND ORGANIZES VOLUNTEER AND COMMUNITY SERVICE OPPORTUNITIES TO PROMOTE PUBLIC AWARENESS ABOUT ITS PROGRAMS. IN ADDITION, WITH THE SUPPORT OF ALMUNI, FRIENDS, AND PARTNERS, NMF IS BUILDING A ROBUST ALMUNI NETWORK. THROUGH NMF ALMUNI-SPONSORED EVENTS AND OTHER ACTIVITIES, THIS NETWORK IS BEING BROUGHT INTO ACTIVE PARTNERSHIP WITH NMF TO STRENGTHEN AND EXPAND PROGRAMS, SUPPORT REGIONAL GALAS, AND PROVIDE FINANCIAL SUPPORT FOR THE ORGANIZATION. 470793 5153611 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 51 0 1 37 1 0 0 0 0 0 0 0 0 0 0 0 0 X 17 16 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AL AK AR AZ CA CO CT DC FL GA HI IL KS KY ME MD MA MI MN MS NH NY NC ND OH OK OR PA RI SC TN UT VA WV WI MO X X THE ORGANIZATION 2124838880 1199 NORTH FAIRFAX STREET 600 ALEXANDRIA VA 223141483 SANDRA B NICHOLS CHAIRPERSON 20.00 X X 0 0 0 BRYAN R BAUGH CHAIR-ELECT 5.00 X X 0 0 0 EFRAIN TALAMANTES TREASURER 3.00 X X 0 0 0 JENNIFER SCHLENER SECRETARY 3.00 X X 0 0 0 KWEKU AWOTWI MEMBER 3.00 X 0 0 0 CARMEN SACHIKO VILLAR MEMBER 3.00 X 0 0 0 CALVIN WHEELER MEMBER 3.00 X 0 0 0 CEDRIC M BRIGHT MEMBER 3.00 X 0 0 0 LARRY J HARRISON MEMBER 3.00 X 0 0 0 PAMELA T MILLER MEMBER 3.00 X 0 0 0 GARY BUTTS MEMBER 3.00 X 0 0 0 JON CORZINE MEMBER 3.00 X 0 0 0 AISHA GLOVER MEMBER 3.00 X 0 0 0 ANNE ESTABROOK MEMBER 3.00 X 0 0 0 RAKIA REYNOLDS MEMBER 3.00 X 0 0 0 MIGUEL ALEXANDER POZO MEMBER 3.00 X 0 0 0 MICHELLENE DAVIS PRESIDENT & CEO 40.00 X 463231 0 29323 CARLOS F COLON VP, FINANCE AND OPERATIONS 40.00 X 194904 0 6775 TRACEY J NEWMAN ASSISTANT VP, GLOBAL PROGRAMS & DIVERSITY IN CLINI 40.00 X 222833 0 5522 BRIAN M RAHMER SENIOR IMPACT POLICY ADVISOR, SPECIAL ASSISTANT TO 40.00 X 176100 0 9841 LAVEINA A DASH DIRECTOR, DIVERSITY IN CLINICAL RESEARCH 40.00 X 169228 0 17118 CHRISTY LAW BLANCHARD ASSISTANT VP, STRATEGIC COMMUNICATIONS 40.00 X 158605 0 10255 1384901 0 78834 6 0 1 0 KAUFMAN DOLOWICH LLP 135 CROSSWAYS DRIVE SUITE 201 WOODBURY NY 11797 LEGAL 118305 YOUR PART-TIME CONTROLLER LLC 1500 WALNUT STREET SUITE 1200 PHILADELPHIA PA 19102 ACCOUNTING 117211 2 4893938 70396 4893938 547264 547264 5441202 0 0 547264 X 2552898 2552898 658135 351773 212051 94311 2280789 1218949 734968 326872 65730 35129 21180 9421 52859 28251 17033 7575 349841 186974 112730 50137 164319 66893 60002 37424 150562 61294 54977 34291 985509 401199 359856 224454 76402 22592 40112 13698 151834 17568 71846 62420 51455 15155 25423 10877 88584 26606 43526 18452 238266 80700 119056 38510 8989 2717 4387 1885 21868 6605 10677 4586 SUBSRCIPTIONS & LICENSE 188274 72685 87089 28500 BAD DEDT EXPENSE 30026 30026 REPAIRS & MAINTENANCE 21831 2390 17785 1656 TELECOMMUNICATIONS 12965 3233 7488 2244 8151136 5153611 2030212 967313 9501403 1186739 5458124 0 662895 1265321 133673 93867 68816 55799 22006 13017 733769 11754207 370714 287539 16882584 14600690 853880 506050 1718976 2549224 370714 305917 2943570 3361191 X 11089617 7966804 2849397 3272695 13939014 11239499 16882584 14600690 -2709934 10419 0 X X 0 1 X 1 0 X 5434010 4098570 5805640 5998027 4964334 26300581 5434010 4098570 5805640 5998027 4964334 26300581 8831428 17469153 16273 15471 27604 15051 547264 621663 232 339 571 26922815 0.64890 0.64520 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 673835 60339 61765 795939 769182 125000 -95597 124750 673835 2463870 2166714 34591 3895993 769182 2985394 803206 1324730 2463870 1229775 2732796 977177 2985394 0 0 68816 55799 13017 13017 RIGHT OF USE LIABILITY 305917 305917 X 5451621 10419 10419 5441202 0 5441202 8151136 0 8151136 0 8151136 PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE ORGANIZATION HAS ADOPTED THE PROVISIONS OF ACCOUNTING FOR UNCERTAINTY IN INCOME TAX POSITIONS AS REQUIRED BY INCOME TAXES (TOPIC 740) OF THE FASB ACCOUNTING STANDARDS CODIFICATION (ASC); HOWEVER, MANAGEMENT DOES NOT BELIEVE IT IS EXPOSED TO ANY SUCH POSITIONS AS DEFINED IN THIS GUIDANCE, NOR DO THEY EXPECT THIS TO CHANGE SIGNIFICANTLY OVER THE NEXT 12 MONTHS. THE ORGANIZATION FILES FORM 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, ANNUALLY WITH THE UNITED STATES DEPARTMENT OF THE TREASURY. SUCH RETURNS ARE SUBJECT TO EXAMINATION BY TAXING AUTHORITIES, GENERALLY FOR A PERIOD OF THREE YEARS FROM THE DATE THE RETURNS ARE FILED. 0 GRANTS, STIPENDS, AND SCHOLARSHIPS 341 2552898 X X X X 0 0 0 0 0 0 0 0 0 MICHELLENE DAVIS PRESIDENT & CEO 390835 0 71637 0 759 0 16422 0 12901 0 492554 0 0 0 TRACEY J NEWMAN ASSISTANT VP, GLOBAL PROGRAMS & DIVE 222524 0 0 0 309 0 4443 0 1079 0 228355 0 0 0 CARLOS F COLON VP, FINANCE AND OPERATIONS 194646 0 0 0 258 0 5839 0 936 0 201679 0 0 0 LAVEINA A DASH DIRECTOR, DIVERSITY IN CLINICAL RESE 168893 0 0 0 335 0 5646 0 11472 0 186346 0 0 0 BRIAN M RAHMER SENIOR IMPACT POLICY ADVISOR, SPECIA 175949 0 0 0 151 0 8988 0 853 0 185941 0 0 0 CHRISTY LAW BLANCHARD ASSISTANT VP, STRATEGIC COMMUNICATIO 158313 0 0 0 292 0 9499 0 756 0 168860 0 0 0 RAKIA REYNOLDS BOARD MEMBER 89505 THE BOARD MEMBER IS THE SOLE OWNER OF SKAIBLUE MEDIA WHICH PROVIDES PUBLIC RELATIONS AND MARKETING SERVICES TO THE ORGANIZATION.SKAI BLUE MEDIA WAS SELECTED THROUGH A COMPETITIVE PROCESS A YEAR PRIOR TO RAKIA REYNOLDS JOINING THE BOARD. 0 X 1 70396 FMV 0 0 0 FORM 990, PART VI, SECTION A, LINE 3 NATIONAL MEDICAL FELLOWSHIP HAS A CONTRACT WITH A PROFESSIONAL EMPLOYER ORGANIZATION (PEO) WHO WORKS ON BEHALF OF NMF TO MANAGE HUMAN RESOURCE MANAGEMENT, EMPLOYEE BENEFITS, COMPLIANCE, PARYOLL AND RETIREMENT PLANS, AS WELL AS CRITICAL HUMAN RESOURCES FUNCTIONS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS INITIALLY REVIEWED BY THE VP OF FINANCE AND OPERATIONS, THEN FORWARDED TO THE PRESIDENT & CEO. ONCE APPROVED BY MANAGEMENT, THE VP OF FINANCE AND OPERATIONS WILL PRESENT THE FORM 990 TO THE TREASUSER OF THE BOARD WHO WILL SUBSQUENTLY PRESENT THE FORM WITH THE VP OF FINANCE AND OPEARTIONS TO THE EXECUTIVE COMMITTEE. AFTER THE EXECUTIVE COMMITTEE'S APPROVAL, THE FORM 990 WILL BE PRESENTED TO THE BOARD OF DIRECTORS FOR FINAL REVIEW AND APPROVAL. A COPY OF THE APPROVED DRAFT WILL BE PROVIDED TO EACH DIRECTOR PRIOR TO THE SCHEDULED BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY FORMS ARE SIGNED ANNUALLY BY THE MEMBERS OF THE BOARD AND REVIEWED BY MANAGEMENT FOR ANY CONFLICTS. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS MAKES RECOMMENDATIONS TO THE INDEPENDENT DIRECTORS WITH RESPECT TO THE REASONABLE COMPENSATION OF THE ORGANIZATION'S CHIEF EXECUTIVE OFFICER ("CEO"). THE COMPENSATION COMMITTEE ALSO REVIEWS AND APPROVES THE REASONABLE COMPENSATION OF OTHER MANAGERS, EMPLOYEES AND ANY OTHER PERSON(S) WHO ARE IN A POSITION TO EXERCISE SUBSTANTIAL INFLUENCE OVER THE AFFAIRS OF THE ORGANIZATION. FORM 990, PART VI, SECTION C, LINE 19 NMF DOES NOT MAKE ITS GOVERNING DOCUMENTS OR CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC. THE FINANCIAL STATEMENTS AND FORM 990 ARE MADE AVAILABLE ON NMF'S WEBSITE. FORM 990, PART IX, LINE 11G CONSULTANTS AND OTHER FEES: PROGRAM SERVICE EXPENSES 401,199. MANAGEMENT AND GENERAL EXPENSES 359,856. FUNDRAISING EXPENSES 224,454. TOTAL EXPENSES 985,509. FORM 990, PART XII, LINE 2C: THE REVIEW PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. SCH G - FUNDRAISING THE BOARD PERMITTED THE ORGANIZATION TO PAUSE FUNDRAISING EVENTS IN ORDER TO ADDRESS INVESTMENT IN INSTITUTIONAL INFRASTRUCTURE FOR SUSTAINABILITY.