NEOMED CENTER INC

GURABO, PR, 00778-1277 (787) 737-5033 Est. 1992 EIN 66-0485440

990 - Public charity return 501(c)(3)

www.neomedcenter.org

Mission

TO PROVIDE AND PROMOTE INTEGRATED PRIMARY HEALTH CARE SERVICES WITH A FOCUS ON THE COMMUNITY THAT SUPPORTS THE PHYSICAL , MENTAL AND SOCIAL WELL BEING OF INDIVIDUALS WITH THE COMMITEMENT TO IMPROVE THEIR LIVES

Financials

Total Revenue

$79,819,485

Total Expenses

$75,327,446

Net Assets

$44,854,079

369 employees

From latest filing (tax period ending 2023-06-30)

Financial Health

Operating Reserve

7.1 months Healthy

Net assets / monthly expenses

Year-over-Year Change

Revenue ↑ 14.1%

Expenses ↑ 15.5%

Revenue Sources

Contributions 19.6% Earned revenue 79.4% Investment 0.1% Other 1.0%

Expense Breakdown

Program 83.5% Management 16.5%

Officers & Key Employees (14)

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Grants Received (17)

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Filing History (7 filings)

Year	Revenue	Expenses	Net Assets
2022 990 - Public charity return Jul 1, 2022 to Jun 30, 2023	$79,819,485 ↑	$75,327,446	$44,854,079
2021 990 - Public charity return Jul 1, 2021 to Jun 30, 2022	$69,948,840 ↑	$65,195,165	$40,362,040
2020 990 - Public charity return Jul 1, 2020 to Jun 30, 2021	$60,447,109 ↓	$56,898,893	$35,693,977
2020 990 - Public charity return Jul 1, 2020 to Jun 30, 2021	$60,486,712 ↑	$57,024,112	$35,608,365
2019 990 - Public charity return Jul 1, 2019 to Jun 30, 2020	$46,494,897 ↑	$45,595,079	$32,098,642
2018 990 - Public charity return Jul 1, 2018 to Jun 30, 2019	$43,344,742 ↑	$40,257,828	$31,198,824
2017 990 - Public charity return Jul 1, 2017 to Jun 30, 2018	$42,155,136	$38,764,452	$28,111,910