Ponce Medical School Foundation Inc.

Ponce Medical School Foundation Inc.

Ponce, PR 00732
Tax ID66-0379122

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About this organization

Revenue

$13,011,620

Expenses

$12,333,012

Mission

Ponce Medical School Foundation, Inc. ('PMS') mission is to make a difference by solving health disparities through groundbreaking, innovative and relevant research that has a global impact in healthcare.

About

The institution is a leader in biomedical research in Puerto Rico and is comprised of highly accomplished researches with expertise in cancer, neuroscience, HIV and mental health. PMSF provides modern research facilities that foster collaborative, integrative basic and clinical research. PMSF houses one of the top clinical trial research sites in Puerto Rico, the only cancer tissue respository for Puerto Rican patients, and a CLIA certified reference diagnostic laboratory. For over 37 years, PMSF has provided educational and research opportunities for physicians, psychologists, public health and biomedical students interested in pursuing research careers. PMSF is a key player in ongoing research initiatives on chikungunya, dengue, and zika as it houses the most comprehensive database.

Interesting data from their 2020 990 filing

The filing reveals the mission of the non-profit as “Ponce medical school foundation, inc. ("pms") mission is to make a difference by solving health disparities through groundbreaking, innovative and relevant research that has a global impact in healthcare.”.

When detailing its functions, they were listed as: “Ponce medical school foundation, inc. ("pms") mission is to make a difference by solving health disparities through groundbreaking, innovative and relevant research that has a global impact in healthcare.”.

  • As of 2020, the non-profit's form shows they have a total of 127 employees.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Does not have foreign activities.
  • Is not a donor advised fund.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is $678,608.
  • The remuneration plan for the CEO of the organization is not based on a review and endorsement process by an independent body.
  • The organization has a written policy that delegates the management duties.
  • The organization has 4 independent voting members.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule B.
  • The organization is required to file Schedule J.
  • The organization is required to file Schedule O.
  • The organization pays $5,745,960 in salary, compensation, and benefits to its employees.
  • The organization pays $0 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization has minutes of its meetings.
  • The organization has fundraising events.
  • The organization has grants to organizations.
  • The organization's financial statements were reviewed by an accountant.

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