Public Charity

Needymeds Inc

Based in Gloucester, MA, Needymeds Inc operates as a Public Charity. The organization reported $1.6M in revenue, $1.8M in expenses, $789K in total assets for fiscal year 2024. Imperigo tracks 8 reported grant relationships connected to this organization totaling approximately $80K.

EIN: 463091990 Gloucester, MA Latest filing: 2024
Total Revenue$1.6M
Total Expenses$1.8M
Total Assets$789K
Grant Records8
Funding Total$80K
Filing Years2019–2024

Mission

NEEDYMEDS EDUCATES AND EMPOWERS THOSE SEEKING AFFORDABLE HEALTHCARE.

Officers & Directors

TREASURER/DIRECTOR Donald Maier Md
CHAIR/DIRECTOR Frederick Cowan
DIRECTOR Julie Erickson
CLERK/DIRECTOR Roberta Downey
PRESIDENT Ruth Rowe

Officer compensation and complete director data available with membership.

Top Grant Purposes

UNRESTRICTED
$31,346 4 grants
Health Care
$23,000 1 grant
GENERAL SUPPORT
$14,000 1 grant
CONTRIBUTION
$6,000 1 grant
Unrestricted
$5,410 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $1.6M $1.8M $789K
2023 $1.7M $1.7M $1.0M
2022 $1.8M $1.8M $984K
2020 $2.2M $2.1M $1.1M
2019 $2.1M $2.1M $808K

Between 2019 and 2024, reported annual revenue declined from $2.1M to $1.6M (-22%), with total assets most recently reported at $789K.

Interactive year-over-year charts and full filing details available with membership.

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