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Nc Med Assist

Nc Med Assist

Charlotte, NC 28208
Tax ID56-2018957

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About this organization

Revenue

$77,439,678

Expenses

$77,888,307

Website

medassist.org

Mission

NC MedAssist’s mission is to assist low-income, uninsured North Carolina residents by operating a licensed pharmacy that provides free medications, healthcare advocacy and related educational services. NC MedAssist seeks to improve the health and lives of low-income individuals familiesby providing free medications and high quality pharmaceutical services to the uninsured.

About

NC MedAssist is a nonprofit pharmacy program providing access to lifesaving prescription medications, patient support, advocacy and related services to poor, vulnerable, and uninsured North Carolina residents. Within the pharmacy program, the manufactures are pulling the donated name brand drugs from their free assistance programs. MedAssist must then pay for the generic alternative. Therefore, our costs are increasing dramatically.The Over the Counter (OTC) Medicine program receives donated OTC medicine from Second Harvest Food Bank of Metrolina. Over $5,400,000 in average retail cost of OTC medicine went out to low-income families this year. Studies show that for every $1 in value of OTC medicine spent, there is a $6 savings in health care costs prevented. The Senior Care program is a pharmacy resource for adults 65 and over or Medicare eligible disabled adults. If Medicare part D prescription benefits run out during the year, seniors can utilize the program to learn about other medicine options from our pharmacist who is an expert in Medicare policies.

Interesting data from their 2020 990 filing

The filing clearly states the mission of the non-profit as “Nc medassist is a nonprofit pharmacy program providing access to lifesaving prescription medications, client support, advocacy and other services to poor, vulnerable, and uninsured north carolina residents.”.

When outlining its functions, they were explained as: “Nc medassist is a nonprofit pharmacy program providing access to lifesaving prescription medications, client support, advocacy and other services to poor, vulnerable, and uninsured north carolina residents.”.

  • In compliance with legal regulations, the non-profit has reported their state of operation as NC.
  • The filing records the non-profit's address for 2020 as 4428 Taggart Creek Road 101, Charlotte, NC, 28208.
  • As of 2020, the non-profit's form reports a total of 47 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 -$448,629.
  • The CEO's salary plan within the organization is subject to review and endorsement by an independent body.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has 22 independent voting members.
  • The organization was formed in 1997.
  • 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 O.
  • The organization engages in lobbying activities.
  • The organization pays $2,211,149 in salary, compensation, and benefits to its employees.
  • The organization pays $495,689 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization has minutes of its meetings.
  • The organization has a written whistleblower policy.
  • The organization has fundraising events.
  • The organization's financial statements were reviewed by an accountant.

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