EIN 56-2018957

NC Medassist

IRS 501(c) type
501(c)(3)
Num. employees
44
Year formed
1997
Most recent tax filings
2022-06-01
Description
NC MedAssist provides access to lifesaving prescription medications, supports patients, advocates for them, and delivers other services to poor, vulnerable, and uninsured North Carolina residents. The pharmacy program includes the manufacture of these medications.
Also known as...
Medassist of Mecklenburg
Total revenues
$71,421,311
2022
Total expenses
$68,994,590
2022
Total assets
$12,976,938
2022
Num. employees
44
2022

Program areas at NC Medassist

NC MedAssist is a nonprofit pharmacy program providing access to lifesaving prescription medications, patient support, advocacy and related services to poor, vulnerable, and uninsured North Carolina residents. Within the pharmacy program, the manufactures are pulling the donated name brand drugs from their free assistance programs. MedAssist must then pay for the generic alternative. Therefore, our costs are increasing dramatically.The Mobile Free Pharmacy (MFP) Medicine program receives donated OTC medicine from Second Harvest Food Bank of Metrolina. Over $5.5 Million in average retail cost of OTC medicine went out to low-income families this year. Studies show that for every $1 in value of OTC medicine spent, there is a $6 savings in health care costs prevented. The Senior Care program is a pharmacy resource for adults 65 and over or Medicare eligible disabled adults. If Medicare part D prescription benefits run out during the year, seniors can utilize the program to learn about other medicine options from our pharmacist who is an expert in Medicare policies.The Transitional Jobs Program (TJP) was created in 2018 with the mission to hire and train individuals who have had barriers to employment through matters such as personal circumstances, family issues, or incarceration.NC MedAssist hires these associates as paid temporary employees as they develop job skills and build their resumes.Thus, giving them a better chance to break throug those barriers and find employment when they complete the 120-day Program

Who funds NC Medassist

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Duke EndowmentTo Develop and Test A New Approach for Improving Medication Compliance for the Low-Income, Uninsured in North Carolina.$475,000
United Way of Greater CharlotteProgram Operating Costs; Donor Designated 3rd Party for Program Operating Costs$276,629
Pfizer Patient Assistance FoundationCharitable$257,704
...and 34 more grants received totalling $1,669,725

Personnel at NC Medassist

NameTitleCompensation
Anny ReedChief Development Officer
Lori GiangExecutive Director$142,037
Sheila KidwellDirector of Foundations and Communications
Nicole BanaheneDirector of Partner Relations
Getty KassaAccounting and Office Manager
...and 19 more key personnel

Financials for NC Medassist

RevenuesFYE 06/2022
Total grants, contributions, etc.$71,491,614
Program services$0
Investment income and dividends$5,913
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$-76,216
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$71,421,311

Form 990s for NC Medassist

Fiscal year endingDate received by IRSFormPDF link
2022-062023-05-05990View PDF
2021-062022-07-11990View PDF
2020-062021-04-06990View PDF
2019-062020-10-22990View PDF
2018-062019-06-19990View PDF
...and 9 more Form 990s
Data update history
July 8, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 30, 2023
Updated personnel
Identified 8 new personnel
May 7, 2023
Received grants
Identified 2 new grant, including a grant for $64,635 from The Blackbaud Giving Fund
February 3, 2023
Posted financials
Added Form 990 for fiscal year 2021
November 5, 2022
Used new vendors
Identified 2 new vendors, including , and
Nonprofit Types
Public health orgsHealth organizationsFamily service centersCharities
Issues
HealthHuman services
Characteristics
Political advocacyLobbyingFundraising eventsState / local levelReceives government fundingCommunity engagement / volunteeringFundraising races, competitions, and tournamentsTax deductible donations
General information
Address
4428 Taggart Creek Rd 101
Charlotte, NC 28208
Metro area
Charlotte-Concord-Gastonia, NC-SC
Website URL
medassist.org/ 
Phone
(704) 536-1790
IRS details
EIN
56-2018957
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1997
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
E60: Health Support Services
NAICS code, primary
624190: Individual and Family Services
Parent/child status
Independent
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