NeoMed Center
Legal name: Neomed Center Inc Neomed Center Inc
Nonprofit profile at a glance
- EIN
- 660485440
- IRS 990 coverage
- 2014–2023
- Official website data refreshed
- Aug 2026
- Forms available
- Form 990 2023
- Location
- Gurabo, PR, USA
- Phone
- 7877372311
- Rating
- 74
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $88,224,138
- Expenses
- $90,479,312
- Assets
- $61,299,872
- Liabilities
- $18,700,967
Source: IRS Form 990. Selected filing: tax year 2023. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- DAISY PEREZ MONTANEZ (President)
- NATIVIDAD FLORES VELAZQUEZ (Vice President)
- ROSA CASTRO AVILA (Chief Executive Office)
Highest reported compensation
- ROSA CASTRO AVILA (Chief Executive Office): $315,427 total reported compensation
- CARLOS M ACEVEDO VILA (General Physician): $274,000 total reported compensation
- HECTOR J RODRIGUEZ MEDINA (Chief Medical Officer): $179,880 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Prestar servicios de salud a las personas desventajadas, poblaciones vulnerables y comunidad en general, independientemente de su capacidad de pago.
What it reported doing in 2023
Federal grant - section 330. Federal grant - ryan white title i part a federal grant - ryan white title iii part c.
Operating model
- Revenue model
- Earned-program. 86% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and most voting board members are independent. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 77
- Transparency & Controls: 56
- Accountability: 100
- Sustainability: 33
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 87.4%; rating input score 87
- Program expense ratio: 85.2%; rating input score 85
- Fundraising efficiency: $0.86 raised per $1 spent on fundraising; rating input score 2; 2nd percentile among comparable filings
Transparency & Controls
- Consistency checks: 92.9%; rating input score 93; 17th percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 78th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -2.6%; rating input score 20; 20th percentile among comparable filings
- Total-asset coverage ratio: 0.68; rating input score 27; 27th percentile among comparable filings
- Liabilities to assets ratio: 0.31; rating input score 57; 57th percentile among comparable filings
- Officer compensation ratio: 1%; rating input score 73; 73rd percentile among comparable filings
Growth
- Program expense growth: 13.8% per year; rating input score 100; 85th percentile among comparable filings
- Revenue growth: 11.4% per year; rating input score 100; 82nd percentile among comparable filings
- Asset growth: 8.6% per year; rating input score 100; 63rd percentile among comparable filings
Details
- What they do: 3 programs and campaigns described on the official site · 7 operating locations identified
- Where the money goes: 87.4% of revenue deployed · 85.2% of spending went to programs
- Governance: 11 of 11 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $77.1M in reported program spending
- Leadership: top reported pay $315K · 9 people listed · 0 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $3.1M reported
- Consistency: 25 of 26 current checks pass · 1 finding to review
- Schedules: 5 filed schedules · includes executive pay
- Filing history: 10 filing years from 2014 to 2023
- Contacts: How to reach this organization
- Money network: 4 filed money-flow records
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- High — Financial Efficiency: Fundraising efficiency scored 2/100.
- High — Sustainability: Operating margin scored 20/100.
- High — Sustainability: Total-asset coverage ratio scored 27/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- Review — Sustainability: Liabilities to assets ratio scored 57/100.
- High — Grant Readiness: Federal audit findings: this organization reported findings in its latest federal Single Audit.