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Nonprofiteer
← W MONTAGUE COBB NMA HEALTH INSTITUTE

Form 990 for tax year 2024

Filed by W MONTAGUE COBB NMA HEALTH INSTITUTE.

Totals

Total revenue
$510,404
Total expenses
$537,192
Contributions and grants received
$463,664
Grants paid
$0
Program service revenue
$2,686
Investment income
$260
Other revenue
$43,794
Total assets, end of year
$256,671
Total liabilities, end of year
$43,447
Net assets or fund balances, end of year
$213,224
Program services expenses (Part IX)
$422,671
Management and general expenses
$104,490
Fundraising expenses
$10,031
Program service expenses (Part III)
$422,671

Program services were 78.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $146,667

  • 1f · All other contributions, gifts and grants

    $316,997

  • 2f · All other program service revenue

    total $2,686 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $260 · unrelated business $0 · excluded $0

  • 5 · Royalties

    total $43,794 · related or exempt $43,794 · unrelated business $0 · excluded $0

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $80,000 · program services $55,000 · management and general $20,000 · fundraising $5,000

  • 11a · Fees: management

    total $36,864 · program services $34,064 · management and general $2,800 · fundraising $0

  • 11c · Fees: accounting

    total $22,600 · program services $0 · management and general $22,600 · fundraising $0

  • 12 · Advertising and promotion

    total $5,113 · program services $5,113 · management and general $0 · fundraising $0

  • 13 · Office expenses

    total $7,473 · program services $2,750 · management and general $4,723 · fundraising $0

  • 16 · Occupancy

    total $9,848 · program services $5,348 · management and general $4,500 · fundraising $0

  • 19 · Conferences, conventions and meetings

    total $190,304 · program services $176,164 · management and general $14,140 · fundraising $0

  • 23 · Insurance

    total $1,639 · program services $0 · management and general $1,639 · fundraising $0

  • 24a · Other expenses: IT support

    total $11,987 · program services $8,987 · management and general $3,000 · fundraising $0

  • 24b · Other expenses: Unidentified

    total $76 · program services $0 · management and general $76 · fundraising $0

  • 24c · Other expenses: Bank Charges

    total $1,248 · program services $0 · management and general $1,248 · fundraising $0

  • 24e · All other expenses

    total $170,040 · program services $135,245 · management and general $29,764 · fundraising $5,031

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $258,844 · end of year $194,891

  • 4 · Accounts receivable

    beginning of year $15,125 · end of year $53,889

  • 9 · Prepaid expenses and deferred charges

    end of year $7,891

  • 10a · Land, buildings and equipment: cost or other basis

    $1,061

  • 10b · Land, buildings and equipment: accumulated depreciation

    $1,061

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $30,803 · end of year $9,945

  • 25 · Other liabilities

    beginning of year $2,752 · end of year $33,502

  • 31 · Retained earnings, endowment or other funds

    beginning of year $240,414 · end of year $213,224

Mission and programs · 2024

Mission

Mission: Become a valued resource for data, information, and research pertaining to racial and ethnic health and health disparities and to leverage the scientific skills and clinical

  • ALL OF US (AoU)-phase VI of NIH research program: We carried out delayed activites from Phase V and impacted informed vaccine trial participation, thereby facilitating continued coalition-building on behalf of the All of Us Research Program and in service to our patients and populations. We contributed to 15 additional well-received virtual events that easily reached an additional 100k participants. These events represented 2 Cobb webinars and an additional 13 virtual events in partnership with Radio One (interview)National Hispanic Medical Association (Fireside Chat), Making It Plain with Ed Gordon, the New England Regional Black Nurses Association the University Of Wisconsin/Madison, Milwaukee, CoVPN, Urban One for the Erica Campbell GetUpMorning Show, BGLC, Charles Drew University, Black Coalition against COVID (BCAC), The Special Report with Areva Martin, and a webinar COVID in People of Color

    Expenses $149,145 · Revenue $146,667

  • IMF (Intl. Myeloma Foundation)In partnership with SNMA,we marketed the application for Medical Student Scholars for Health Equity in Myeloma: hosted application and fielded questions from prospective mentees; provided completed/submitted applications to review committee; tracked selected applicants through the duration of their time with the program. We will host the NMA symposium and coordinate hotel logistics for mentees and mentors to attend at the Hilton Hotel in Chicago, July 20-22, 2025

    Expenses $92,203 · Revenue $92,203

  • EQBMED (Equitable Breakthroughs in Medicine)-The overall goal of the Cobb Instituteswork, as part of the EQBMED initiative, is to create training and dissemination opportunities to support diversification of clinical trials and the clinical trials workforce.

    Expenses $15,000 · Revenue $76,486

  • Other programs-To reduce racial and ethnic health disparities and improve the health of all US residents

    Expenses $166,323 · Revenue $195,048

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Alvin H Crawford MD

    member

    Total calculated
    $0
    Hours/week
    5
  • Audra Meadows

    Secretary

    Total calculated
    $0
    Hours/week
    5
  • Mallory Williams MD

    Board Chair

    Total calculated
    $80,000
    From this org
    $80,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    5
  • Randall C Morgan Jr MDMBA

    CEO & President

    Total calculated
    $0
    Hours/week
    40
  • Elizabeth Ofili MD

    member

    Total calculated
    $0
    Hours/week
    5
  • Lynne Holdenmd

    member

    Total calculated
    $0
    Hours/week
    0
  • Dexter Frederick MD

    member

    Total calculated
    $0
    Hours/week
    0
  • KEVIN G McDONALDJDEdD

    member

    Total calculated
    $0
    Hours/week
    0
  • Lonnie Joe MD

    member

    Total calculated
    $0
    Hours/week
    0
  • Yolanda Lawson MD

    member

    Total calculated
    $0
    Hours/week
    0
  • Richard Allen Williams MD

    member

    Total calculated
    $0
    Hours/week
    0
  • Kevin Sneed Pharmd

    Treasurer

    Total calculated
    $0
    Hours/week
    0
  • Rodney Hood MD

    Vice-Chair

    Total calculated
    $0
    Hours/week
    0
  • Miracle Rogers

    SNMA Rep

    Total calculated
    $0
    Hours/week
    0
  • Virginia Caine MD

    member

    Total calculated
    $0
    Hours/week
    0
  • Leon McDougle MD

    member

    Total calculated
    $0
    Hours/week
    0
  • Terrence Fullum MD

    member

    Total calculated
    $0
    Hours/week
    0
  • Melanie Hanna-Johnson

    member

    Total calculated
    $0
    Hours/week
    0

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
21 April 2025
IRS schema version
2024v5.1
Source object
202541359349308344

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