| Entity | Document Type | Tax ID |
|---|---|---|
| Catholic Medical Mission Board | IRS Form 990 | 13-5602319 |
| Catholic Medical Mission Board | Audited Financial Statements | 13-5602319 |
|
Entity: Catholic Medical Mission Board Document Type: IRS Form 990 Tax ID: 13-5602319 |
|
Entity: Catholic Medical Mission Board Document Type: Audited Financial Statements Tax ID: 13-5602319 |
| Name | Title | Compensation | |
|---|---|---|---|
| 1 | Bruce Wilkinson | Past President/CEO | $373,880 |
| 2 | Richard Day | Senior VP, Programs | $296,764 |
| 3 | Michael O'Hara | CFO | $296,686 |
|
1 Name: Bruce Wilkinson Title: Past President/CEO Compensation: $373,880 |
|
2 Name: Richard Day Title: Senior VP, Programs Compensation: $296,764 |
|
3 Name: Michael O'Hara Title: CFO Compensation: $296,686 |
According to the Catholic Medical Mission Board (CMMB) audit of September 30, 2021 (Note 2-F, Donated pharmaceuticals, equipment, supplies and services), CMMB received in-kind "donated pharmaceuticals, equipment and supplies" in fiscal 2021 on which it placed a value of approximately $370,000,000. CMMB also received in-kind donated services in fiscal 2021 on which it placed a value of approximately $772,000. [NOTE: CharityWatch generally excludes the value of in-kind (non-cash) donations of goods and services from its calculations of Program % and Cost to Raise $100. More information on how grades are calculated and the treatment of in-kind donations can be found on the Our Process page.] |
According to the Catholic Medical Mission Board audit of September 30, 2021 (Note 8, Refundable Advances): "The Organization obtained a $741,980 loan under the Paycheck Protection Program ('PPP') administered by a Small Business Administration (SBA) approved partner. The Organization was eligible for loan forgiveness of up to 100% of the loan, upon meeting certain requirements. The Organization had initially recorded the loan as a refundable advance in accordance with the guidance for conditional contributions when there is no longer a measurable performance or other barrier and a right of return of the PPP loan or when such conditions are explicitly waived. The loan was forgiven in May 2021, and contribution revenue was recorded for the year ended September 30, 2021. No contribution revenue had been recorded for the year ended September 30, 2020." |
According to the Catholic Medical Mission Board audit of September 30, 2021 (Note 14, Commitments and Contingencies): "The Organization was a defendant in a legal action arising out of the normal course of its operations, including a matter that was under appeal with the Office of the California Attorney General. On July 6, 2021, the Superior Court of the State of California ruled in the Organization's favor and entered judgment against the California Attorney General who subsequently appealed that decision. The Organization is confident that the Superior Court of the State of California's ruling is correct and will be affirmed upon appeal." [...] "The COVID-19 pandemic remains a rapidly evolving situation. The extent of the impact of COVID-19 on the Organization's business and financial results will depend on future developments, including the duration and spread of the outbreak. The Organization continues to monitor evolving economic and general business conditions and the actual and potential impacts on its financial position and results of operations." |
