Interchurch Medical Assistance Inc
- Assets
- $35.4m
- Revenue
- $56.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- 05/2019
- Data as of
- 09/2022
- EIN
- 52-2112460
Organization Overview
Interchurch Medical Assistance Inc, operating under the name Corus World Health, is located in Washington, DC. The organization was established in 2019. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Corus World Health is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2022, Corus World Health generated $56.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.9%) each year. All expenses for the organization totaled $55.9m during the year ending 09/2022. As we would expect to see with falling revenues, expenses have declined by (8.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2022, Corus World Health has awarded 20 individual grants totaling $24,667,950. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO ADVANCE HEALTH AND HEALING FOR VULNERABLE AND MARGINALIZED PEOPLE IN THE DEVELOPING WORLD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MOMENTUM: THIS IS A COOPERATIVE AGREEMENT SUPPORTED BY THE UNITED STATES AGENCY FOR INTERNATIONAL DEVELOPMENT (USAID). IT IS DESIGNED TO STRENGTHEN THE QUALITY AND RESILIENCE OF VOLUNTARY FAMILY PLANNING (FP), REPRODUCTIVE HEALTH (RH), AND MATERNAL, NEWBORN AND CHILD HEALTH (MNCH) CARE AND SERVICE DELIVERY IN FRAGILE SETTINGS, AS PART OF THE MOMENTUM SUITE OF AWARDS.
DEMOCRATIC REPUBLIC OF CONGO: IMA WORLD HEALTH WORKS WITH THE MINISTRY OF HEALTH TO SUPPORT DRC'S NATIONAL HEALTH DEVELOPMENT PLAN BY EXPANDING ACCESS TO AND COVERAGE OF PRIMARY HEALTH CARE SERVICES FOR PEOPLE LIVING IN 52 HEALTH ZONES IN FIVE OF THE COUNTRY'S 26 PROVINCES - SUPPORTING HEALTH CARE FOR MORE THAN 8 MILLION PEOPLE. IMA SUPPORTED THE MINISTRY'S RESPONSE TO CONTINUED EBOLA OUTBREAKS BY PROVIDING TRAINING, SUPPLIES, AND RESOURCES THAT ALSO ENSURED SAFETY FROM COVID-19 INFECTION. IMA WORLD HEALTH ALSO RESPONDS TO THE SIGNIFICANT CHALLENGE OF SEXUAL AND GENDER-BASED VIOLENCE THROUGH COMMUNITY-LED PROGRAMS THAT IDENTIFY CASES OF ABUSE, PROVIDE AVENUES FOR SAFETY AND JUSTICE, AND BUILD RESILIENCE FOR SURVIVORS.
HAITI: IMA IMPLEMENTED USAID'S ENVISION AND ACT TO END NTDS | EAST PROGRAMS IN IMA PARTNERS WITH THE HAITI NEGLECTED TROPICAL DISEASES CONTROL PROGRAM TO PROVIDE MASS DRUG ADMINISTRATION TO TREAT LYMPHATIC FILARIASIS AND SOIL-TRANSMITTED HELMINTHS INFECTION, DEBILITATING DISEASES THAT DISPROPORTIONALLY AFFECT THE POOR AND KEEP PEOPLE IN POVERTY. IMA FURTHER PARTNERS WITH THE MALARIA ZERO CONSORTIUM TO PROVIDE MALARIA CONTROL MEASURES IN AT-RISK POPULATIONS.
MOMENTUM: THIS IS A COOPERATIVE AGREEMENT SUPPORTED BY THE UNITED STATES AGENCY FOR INTERNATIONAL DEVELOPMENT (USAID). IT IS DESIGNED TO STRENGTHEN THE QUALITY AND RESILIENCE OF VOLUNTARY FAMILY PLANNING (FP), REPRODUCTIVE HEALTH (RH), AND MATERNAL, NEWBORN AND CHILD HEALTH (MNCH) CARE AND SERVICE DELIVERY IN FRAGILE SETTINGS, AS PART OF THE MOMENTUM SUITE OF AWARDS.
DEMOCRATIC REPUBLIC OF CONGO: IMA WORLD HEALTH WORKS WITH THE MINISTRY OF HEALTH TO SUPPORT DRC'S NATIONAL HEALTH DEVELOPMENT PLAN BY EXPANDING ACCESS TO AND COVERAGE OF PRIMARY HEALTH CARE SERVICES FOR PEOPLE LIVING IN 52 HEALTH ZONES IN FIVE OF THE COUNTRY'S 26 PROVINCES - SUPPORTING HEALTH CARE FOR MORE THAN 8 MILLION PEOPLE. IMA SUPPORTED THE MINISTRY'S RESPONSE TO CONTINUED EBOLA OUTBREAKS BY PROVIDING TRAINING, SUPPLIES, AND RESOURCES THAT ALSO ENSURED SAFETY FROM COVID-19 INFECTION. IMA WORLD HEALTH ALSO RESPONDS TO THE SIGNIFICANT CHALLENGE OF SEXUAL AND GENDER-BASED VIOLENCE THROUGH COMMUNITY-LED PROGRAMS THAT IDENTIFY CASES OF ABUSE, PROVIDE AVENUES FOR SAFETY AND JUSTICE, AND BUILD RESILIENCE FOR SURVIVORS.
HAITI: IMA IMPLEMENTED USAID'S ENVISION AND ACT TO END NTDS | EAST PROGRAMS IN IMA PARTNERS WITH THE HAITI NEGLECTED TROPICAL DISEASES CONTROL PROGRAM TO PROVIDE MASS DRUG ADMINISTRATION TO TREAT LYMPHATIC FILARIASIS AND SOIL-TRANSMITTED HELMINTHS INFECTION, DEBILITATING DISEASES THAT DISPROPORTIONALLY AFFECT THE POOR AND KEEP PEOPLE IN POVERTY. IMA FURTHER PARTNERS WITH THE MALARIA ZERO CONSORTIUM TO PROVIDE MALARIA CONTROL MEASURES IN AT-RISK POPULATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel Speckhard President & CEO | OfficerTrustee | 0 | $0 |
Joann Theys SVP Finance & Admin, CFO | OfficerTrustee | 0 | $0 |
Tim Mccully Evp Impact & Partnership | Officer | 0 | $0 |
Edward Byrd VP External Relations | Officer | 0 | $0 |
Kellett Frederick Managing Dir, Imact Investing | Officer | 0 | $0 |
Derek Reynolds Former VP Business Develop | Officer | 0 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Jbg Smith Real Estate Invest. | 9/29/20 | $473,928 |
Cesc Electrical Power | 9/29/20 | $255,404 |
Jsi Research Training Institute Pub. Health Research | 9/29/20 | $204,319 |
Cdw Direct Info. Technology | 9/29/20 | $165,372 |
Cdw Direct Info. Technology | 9/29/20 | $165,372 |
Jsi Research Training Institute Pub. Health Research | 9/29/20 | $204,319 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $51,426,747 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,927,675 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $55,354,422 |
| Total Program Service Revenue | $436,088 |
| Investment income | $25,267 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$79,969 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $56,104,166 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $12,333,975 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $1,941,566 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $9,539,349 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $5,905,418 |
| Payroll taxes | $88,359 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,789,803 |
| Advertising and promotion | $637,115 |
| Office expenses | $351,601 |
| Information technology | $1,025,434 |
| Royalties | $0 |
| Occupancy | $434,257 |
| Travel | $2,048,629 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,021,057 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $112,349 |
| Insurance | $45,658 |
| All other expenses | $0 |
| Total functional expenses | $55,944,253 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,813,103 |
| Savings and temporary cash investments | $1,124,972 |
| Pledges and grants receivable | $8,234,063 |
| Accounts receivable, net | $1,094,989 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $363,964 |
| Net Land, buildings, and equipment | $186,341 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $22,600,471 |
| Total assets | $35,417,903 |
| Accounts payable and accrued expenses | $5,074,370 |
| Grants payable | $0 |
| Deferred revenue | $1,039,580 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $21,149,010 |
| Total liabilities | $27,262,960 |
| Net assets without donor restrictions | $3,097,683 |
| Net assets with donor restrictions | $5,057,260 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $35,417,903 |
Grants Awarded
Over the last fiscal year, Interchurch Medical Assistance Inc has awarded $24,667,950 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
Boston, MA PURPOSE: See Part IV | $5,479,878 |
Boston, MA PURPOSE: See Part IV | $5,479,878 |
Watertown, MA PURPOSE: See Part IV | $4,358,584 |
Watertown, MA PURPOSE: See Part IV | $4,358,584 |
Atlanta, GA PURPOSE: See Part IV | $813,487 |
Atlanta, GA PURPOSE: See Part IV | $813,487 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Interchurch Medical Assistance Inc has recieved totaling $435,702.
| Awarding Organization | Amount |
|---|---|
End Fund Inc New York, NY PURPOSE: NTDs | $430,202 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $5,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Associated Catholic Charities Inc Timonium, MD | $200,755,872 | $142,713,595 |
Democracy Fund Inc Washington, DC | $93,636,268 | $59,747,292 |
Interchurch Medical Assistance Inc Washington, DC | $35,417,903 | $56,104,166 |
Mag America Inc Washington, DC | $11,970,594 | $53,429,692 |
Friends Of The World Food Program Inc Washington, DC | $25,343,754 | $59,828,688 |
Catholic Charities Of The Archdiocese Of Washington Inc Washington, DC | $69,271,644 | $52,757,033 |
City First Enterprises Inc Washington, DC | $50,642,589 | $41,161,285 |
United Planning Organization Washington, DC | $21,957,692 | $39,543,643 |
Navy Marine Coast Guard Residence Foundation Mclean, VA | $169,576,374 | $36,329,894 |
Jewish Social Service Agency Rockville, MD | $78,004,250 | $40,027,018 |
American Action Network Inc Washington, DC | $3,726,560 | $29,638,224 |
Medsource Community Services Inc Hagerstown, MD | $13,934,817 | $31,083,317 |