Chippewa Medical Associates Inc
EIN: 264280439 · Sault Ste Marie, MI
| Metric | Value |
|---|---|
| Total Expenses | $2.3M |
| Net Assets | $1 |
Is Chippewa Medical Associates Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Chippewa Medical Associates Inc
Chippewa Medical Associates Inc (EIN: 264280439) is a nonprofit organization based in Sault Ste Marie, MI. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Chippewa Medical Associates Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Chippewa Medical Associates Inc is a mid-size nonprofit, with 4 years of IRS 990 filings on record (2011–2014). Revenue has grown at a compound annual rate of -41.3%.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.2M |
| Total Expenses | $2.3M |
| Surplus / Deficit | $-1,078,354 |
| Total Assets | $1 |
| Net Assets | $1 |
| Operating Margin | -91.4% |
| Months of Reserves | 0.0 months |
Financial Health Grade: C
In 2014, Chippewa Medical Associates Inc reported a deficit of $1.1M with expenses exceeding revenue, holds 0.0 months of operating reserves (limited).
Financial Trends
Over 4 years of filings (2011–2014), Chippewa Medical Associates Inc's revenue has declined at a compound annual growth rate (CAGR) of -41.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2014 | -68.6% | -59.1% | -100.0% |
| 2013 | -33.1% | -20.7% | -52.1% |
| 2012 | -3.4% | +4.6% | -18.5% |
AI Analysis Pending
AI enrichment for Chippewa Medical Associates Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Chippewa Medical Associates Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $1.1M, with expenses exceeding revenue.
Frequently Asked Questions about Chippewa Medical Associates Inc
Is Chippewa Medical Associates Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Chippewa Medical Associates Inc (EIN: 264280439) insufficient data. 0 red flags identified, 0 strengths noted.
How does Chippewa Medical Associates Inc spend its money?
Detailed spending breakdown data is not yet available for Chippewa Medical Associates Inc. Check back for updated IRS 990 analysis.
Are donations to Chippewa Medical Associates Inc tax-deductible?
Chippewa Medical Associates Inc is registered as a tax-exempt nonprofit (EIN: 264280439). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Chippewa Medical Associates Inc located?
Chippewa Medical Associates Inc is headquartered in Sault Ste Marie, Michigan and files with the IRS under EIN 264280439.
How many years of IRS 990 filings does Chippewa Medical Associates Inc have?
Chippewa Medical Associates Inc has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Filing History
IRS 990 filing history for Chippewa Medical Associates Inc showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2011–2014), Chippewa Medical Associates Inc's revenue has declined by 79.7%, moving from $5.8M to $1.2M. Total assets decreased by 100% over the same period, from $187K to $1. Total functional expenses fell by 66.1%, from $6.7M to $2.3M. In its most recent filing year (2014), Chippewa Medical Associates Inc reported a deficit of $1.1M, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2014 | $1.2M | $2.3M | $1 | $0 | — | View 990 |
| 2013 | $3.8M | $5.5M | $73K | $1.8M | — | View 990 |
| 2012 | $5.6M | $7.0M | $152K | $1.5M | — | View 990 |
| 2011 | $5.8M | $6.7M | $187K | $831K | — | View 990 |
Year-by-Year Financial Summary
- 2014: Revenue of $1.2M, expenses of $2.3M, and assets of $1 (revenue -68.6% year-over-year).
- 2013: Revenue of $3.8M, expenses of $5.5M, and assets of $73K (revenue -33.1% year-over-year).
- 2012: Revenue of $5.6M, expenses of $7.0M, and assets of $152K (revenue -3.4% year-over-year).
- 2011: Revenue of $5.8M, expenses of $6.7M, and assets of $187K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Chippewa Medical Associates Inc:
Data Sources and Methodology
This transparency report for Chippewa Medical Associates Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.