Neomed Center Inc
501(c)(3) Donations tax-deductible
85% goes to programs $116 to raise $100 Growing revenue
Neomed Center Inc is a 501(c)(3) organization based in Gurabo, Puerto Rico, registered in 1994, with $88,224,138 in FY2023 revenue. CharityIndex grades it B+, and it directs about 85% of spending to programs.
Po Box 1277, Gurabo, PR, 00778 EIN 66-0485440 Since 1994
Revenue (FY2023)
$88.2M
▲ 10.5% vs prior year
Expenses (FY2023)
$90.5M
Net assets
$42.6M
Employees
381
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B+
BProgram efficiency40% of the rating85% to programs · $116 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Neomed Center Inc: 85% to programs · $116 to raise $100 earns a B on this criterion. See the exact thresholds →
B+Financial health25% of the rating6 mo reserves · -3% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Neomed Center Inc: 6 mo reserves · -3% margin earns a B+ on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Neomed Center Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Neomed Center Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
To provide public health care services primary ambulatory supplemental environmental health services
Contact & location
- Address
- Po Box 1277, Gurabo, PR, 00778
- City
- Gurabo
- State
- Puerto Rico
- Category
- —
- Subcategory
- —
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $31.1M (FY2014) to $88.2M (FY2023) across 10 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $18.7MNet assets $42.6M
Operating margin
-2.6%
Spent more than it raised in the latest fiscal year.
Total assets
$61.3M
Total liabilities
$18.7M
Net assets
$42.6M
Salaries & benefits
$24.6M
27% of expenses
Board members
11
11 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $88,224,138▲10.5% | $90,479,312▲20.1% | $42,598,905▼5.0% | $61,299,872▲2.5% | 990 |
| 2022 | $79,819,485▲14.1% | $75,327,446▲15.5% | $44,854,079▲11.1% | $59,781,103▲13.7% | 990 |
| 2021 | $69,948,840▲15.6% | $65,195,165▲14.3% | $40,362,040▲13.3% | $52,594,342▼20.1% | 990 |
| 2020 | $60,486,712▲30.1% | $57,024,112▲25.1% | $35,608,365▲10.9% | $65,808,264▲9.7% | 990 |
| 2019 | $46,494,897▲7.3% | $45,595,079▲13.3% | $32,098,642▲2.9% | $60,006,920▲31.4% | 990 |
| 2018 | $43,344,742▲2.8% | $40,257,828▲3.9% | $31,198,824▲11.0% | $45,664,398▲1.6% | 990 |
| 2017 | $42,155,136▼0.8% | $38,764,452▲8.7% | $28,111,910▲13.7% | $44,938,566▲20.9% | 990 |
| 2016 | $42,514,906▲16.9% | $35,646,299▲15.6% | $24,721,226▲38.5% | $37,171,162▲19.7% | 990 |
| 2015 | $36,367,986▲16.9% | $30,841,749▲4.1% | $17,852,619▲44.8% | $31,065,913▲27.5% | 990 |
| 2014 | $31,100,088 | $29,635,969 | $12,326,382 | $24,361,295 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Rosa Castro Avila — $315,427 (0.35% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Rosa Castro Avila | Chief Executive Office | 40 | $315,427 |
| Carlos M Acevedo Vila | General Physician | 40 | $274,000 |
| Hector J Rodriguez Medina | Chief Medical Officer | 40 | $179,880 |
| Miguel Gonzalez Gonzalez | Chief Financial Office | 40 | $161,090 |
| Daisy Perez Montanez | President | 9 | — |
| Deliris Montanez Caceres | Treasurer | 9 | — |
| Jose R Rivera Ayala | Secretary | 9 | — |
| Myrna Gonzalez Gomez | Director | 9 | — |
| Natividad Flores Velazquez | Vice President | 9 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Securitas Security Service | Security | $932,835 |
| North Janitorial | Maintenance | $756,862 |
| Hbn Professional Staffing | Staffing | $503,987 |
| Marvin Diaz Ferrer | — | $482,326 |
| Laboratorio Clinico Toledo | Reference Laboratory | $382,592 |
Grants received · $2.8M total
21 grants to Neomed Center Inc totaling $2.8M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Direct Relief | Abbvie pr mobile health | 2023 | $100,000 |
| Direct Relief | Support to us clinics & health centers for low-income, uninsured patients | 2023 | $37,213 |
| Jsi Research & Training Institute Inc | Operational support | 2023 | $12,314 |
| Direct Relief | Support to us clinics & health centers for low-income, uninsured patients | 2021 | $24,209 |
| Direct Relief | Abbvie pr infrastructure, equipment, abbvie pr mobile health, covid19-us | 2020 | $310,000 |
| Direct Relief | Abbvie pr infrastructure, equipment, abbvie pr mobile health, covid19-us | 2020 | $310,000 |
| Direct Relief | Abbvie pr infrastructure, equipment, abbvie pr mobile health, covid19-us | 2020 | $310,000 |
| Direct Relief | Abbvie pr infrastructure, equipment, abbvie pr mobile health, covid19-us | 2020 | $310,000 |
| Direct Relief | Support to us clinics & health centers for low-income, uninsured patients | 2020 | $5,342 |
| Direct Relief | Support to us clinics & health centers for low-income, uninsured patients | 2020 | $5,342 |
| Direct Relief | Support to us clinics & health centers for low-income, uninsured patients | 2020 | $5,342 |
| Direct Relief | Support to us clinics & health centers for low-income, uninsured patients | 2020 | $5,342 |
| Direct Relief | Abbvie pr mobile health, abbvie pr emergency prep & resp | 2019 | $60,000 |
| Direct Relief | Support to us clinics & health centers for low-income, uninsured patients | 2019 | $56,778 |
| Direct Relief | Hurricane community health fund | 2018 | $420,000 |
Frequently asked questions
- Is Neomed Center Inc a legitimate nonprofit?
- Yes. Neomed Center Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 66-0485440, based in Gurabo, Puerto Rico. Donations are tax-deductible.
- What is Neomed Center Inc's EIN?
- Neomed Center Inc's Employer Identification Number (EIN) is 66-0485440.
- How much revenue does Neomed Center Inc report?
- Neomed Center Inc reported $88,224,138 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Neomed Center Inc's spending goes to programs?
- Neomed Center Inc spends about 85% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Neomed Center Inc have?
- CharityIndex grades Neomed Center Inc B+, based on program efficiency and fundraising cost.
- How much does Neomed Center Inc's highest-paid employee make?
- The highest reported compensation on Neomed Center Inc's latest Form 990 is $315,427, paid to Rosa Castro Avila (Chief Executive Office).
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Explore more
Data for Neomed Center Inc (EIN 66-0485440) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.