Meharry Medical College

Organization Overview

Meharry Medical College is located in Nashville, TN. The organization was established in 1937. According to its NTEE Classification (B50) the organization is classified as: Graduate & Professional Schools, under the broad grouping of Education and related organizations. As of 06/2022, Meharry Medical College employed 1,342 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Meharry Medical College 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 06/2022, Meharry Medical College generated $200.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.0% each year. All expenses for the organization totaled $194.5m during the year ending 06/2022. While expenses have increased by 6.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO IMPROVE THE HEALTH AND HEALTHCARE OF MINORITY AND UNDER SERVED COMMUNITIES BY OFFERING EXCELLENT EDUCATION AND TRAINING PROGRAMS IN THE HEALTH SCIENCES; DELIVERING HIGH QUALITY HEALTH SERVICES; AND CONDUCTING RESEARCH THAT FOSTERS THE ELIMINATION OF HEALTH DISPARITIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROFESSIONAL EDUCATION: EDUCATION OF STUDENTS IN THE FIELDS OF MEDICINE, DENTISTRY, PUBLIC HEALTH, AND MEDICAL SCIENCE AND ALLIED HEALTH PROFESSION. DEGREES CONFERRED INCLUDE: MD, DDS, MHS, MSPH, AND PHD. (NUMBER OF GRADUATES FROM THE PROGRAMS: 331).


HEALTH CARE DELIVERY AND MANAGEMENT, GENERAL/OTHER: GENERAL HEALTHCARE DELIVERY, PRIMARY AND SPECIALTY CARE, DENTAL AND MENTAL HEALTHCARE. (NUMBER OF PATIENT ENCOUNTERS IN THE YEAR: 67,196).


MEDICAL RESEARCH, GENERAL/OTHER: THE ORGANIZATION DOES RESEARCH IN A NUMBER OF MAJOR AREAS (CANCER, CARDIOVASCULAR, NEUROSCIENCE, SEAT BELT SAFETY, ALONG WITH RESEARCH TRAINING, AND HIV DISEASE, WOMEN'S HEALTH, COMMUNITY ENGAGEMENT) WITH A PRIMARY FOCUS ON HEALTH DISPARITIES RESEARCH. (NUMBER OF NEW GRANTS FOR THE YEAR: 51).


PUBLIC, SOCIETY BENEFIT PROGRAMS, GENERAL/OTHER: FUNDS EXPENDED FOR ACTIVITIES THAT ARE ESTABLISHED PRIMARILY TO PROVIDE NON-INSTRUCTIONAL SERVICES BENEFICIAL TO INDIVIDUALS AND GROUPS EXTERNAL TO THE INSTITUTION. COST OF PROVIDING HEALTH SERVICES TO THE COMMUNITY. (NUMBER OF PATIENT ENCOUNTERS FOR YEAR: 67,196).


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Ellucian Company L P
Information Technology Managment Services
$1,272,002
Addison Group
Employment Services
$1,029,072
Aramark Facility Services
Facilties Management Services
$8,911,328
Apogee Telecom Inc
Information Technology Services
$440,828
Eclinicalworks Llc
Patient Emr System Management Services
$540,828
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $103,721,051
All other contributions, gifts, grants, and similar amounts not included above$29,666,098
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$133,387,149
Total Program Service Revenue$71,117,177
Investment income $4,699,041
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $200,654,112

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Meharry Medical College has recieved totaling $30,250.

Awarding OrganizationAmount
Thomas & Betty Ross Family Foundation Inc

Lake Worth, FL

PURPOSE: CHARITABLE SUPPORT

$30,000
Turner Dream Foundation

Chula Vista, CA

PURPOSE: EDUCATION

$250
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$199,433,008
Earnings-$9,172,394
Admin Expense$1,595,530
Net Contributions$2,646,119
Other Expense$9,128,074
Ending Balance$182,183,129

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