NonprofitsMedical Center Of The Americasfoundation

Health Care

Medical Center Of The Americasfoundation

EL PASO, TX

Total revenue

$4.9M

Total expenses

$3.6M

Net assets

$12.7M

Grants received

$300K

6 grants

EIN

208314979

Tax year

2024

Mission

The purpose or purposes for which the corporation is organized are as follows: (1) to encourage and assist in the establishment of a medical center in el paso, texas; (2) to facilitate and promote medical research and education to address health issues impacting the greater el paso, texas geographic area; (3) to make grants, loans or other distributions to qualified organizations or individuals exclusively to address the health needs of the general population of the greater el paso, texas geographic area; (4) to perform such other services, activities and functions as may be permitted to corporations exempt from tax under section 501(c)(3) of the internal revenue code of 1986 (the "code"); and (5) at all times and within such purposes, to operate exclusively for charitable, educational, and scientific purposes, within the meaning of section 501(c)(3) of the code.

Programs

1 program

This program consists of activities designed to improve the translational research business model and spur regional economic growth by launching new startup companies to advance and commercialize commercially viable inventions from regionally-relevant intellectual property and providing a regional economic engine to position the region as a hub of excellence for global healthcare innovation as well as bringing solutions to the region's health challenges and elevating the quality of healthcare for its residents with potentially advanced life-saving or life-improving technology.

Expenses: $1.1M

Financials

FY 2024

Revenue

Contributions & grants$3.5M
Program service revenue$658K
Investment income$219K
Other revenue$474K
Total revenue$4.9M

Expenses

Grants paid$662K
Salaries & benefits$1.4M
Fundraising$176
Other expenses$1.5M
Total expenses$3.6M
Total assets$17.2M
Net assets$12.7M

People

15 listed

NameRoleCompensation

CARLOS ORTEGA

CEO AND CFO

Board

$232K

40 hrs/wk

TED HOUGHTON

BOARD VICE CHAIR

Board

2 hrs/wk

JOSH HUNT

BOARD MEMBER

Board

1 hrs/wk

CHARLES MILLER III

BOARD MEMBER

Board

1 hrs/wk

EDWARD ESCUDERO

BOARD MEMBER

Board

1 hrs/wk

RICK FRANCIS

BOARD MEMBER

Board

1 hrs/wk

KIMBERLY KOT

BOARD MEMBER

Board

1 hrs/wk

JESICA URBINA

BOARD MEMBER

Board

1 hrs/wk

MYLENA WALKER

BOARD CHAIR

Board

2 hrs/wk

SEAN IHORN

BOARD MEMBER

Board

1 hrs/wk

JESSICA PRETIGER

BOARD MEMBER

Board

1 hrs/wk

LANE GADDY

BOARD MEMBER

Board

1 hrs/wk

XAVIER CARDENAS

SR. DIRECTOR, ENGINEERING,

Staff

$146K

1 hrs/wk

NANCY LOWERY

SR. DIRECTOR OF INNOVATION

Staff

$140K

1 hrs/wk

MICHAELE D LINDEN-JOHNSON

SR. DIRECTOR OF CLINICAL T

Staff

$118K

1 hrs/wk

Grants received

Showing 6 of 6

FromAmountPurposeYear
$200K
Donor Advised Grant
2023
$75K
Nurse-Maker Team Innovation for Healthcare Worker Safety
2020
$5K
EP Giving Day Grant
2020
$40
GENERAL OPERATING SUPPORT
2019
$60
GENERAL OPERATING SUPPORT
2018

Funded by

$300K from 4 funders · 6 grants · 2018–2023

Paso del Norte Community Foundation

$205K · 2 grants · 2020–2023

The Workers Lab

$75K · 1 grant · 2020

Jpmorgan Chase Foundation

$100 · 2 grants · 2018–2019

Details

EIN208314979
NTEE codeE11
Subsection03
Ruling date2007-12
Formed2006
Employees21
Volunteers0
MEDICAL CENTER OF THE AMERICASFOUNDATION — Mission, Financials & Grants Received | Grantivo