Women in Medicine Nfp

“Hps nonprofit allies provides management services to wim. This agreement commenced on december 1, 2024 and there was no compensation paid to the interim executive director until 2025. The management services provided under this agreement include: 1. Fundraising strategy and execution: develop and implement comprehensive fundraising plans to meet revenue goals, incorporating individual and foundation giving and corporate support. 2. Revenue growth: collaborate with experts to identify additional revenue streams that align with wim's mission and fundraising objectives. 3. Operational growth and structure: create processes to support wim's future growth as an established nonprofit that empowers women in medicine. 4. Leadership and management: oversee daily operations and make policy, planning, and strategy decisions. Collaborate with the founder and growing board of directors to define and communicate the organization's vision and direction. 5. Financial management: develop and manage the organization's budget to ensure financial stability and sustainability. Oversee financial reporting to provide accurate and timely financial information to the board and stakeholders. Manage external accounting services firm and hire additional financial support as necessary. 6. Community and public relations: represent the organization within the community and advocate for its mission and programs. 7. Compliance: ensure that the organization's legal and regulatory documents are filed and monitor compliance with laws and regulations. 8. Board growth and administration: assist the board in developing committees and membership growth. Ensure governance best practices.”

“There are no committees with authority to act on behalf of the governing body.”

“The form 990 is prepared by an independent accounting firm and then reviewed by the board of directors prior to filing.”

“The organization is a newly formed non-profit organization that was actively developing policies during 2024. The organization adopted a written conflict of interest policy, whistleblower policy, and document retention and destruction policy in 2025.”

“The organization does not make its governing documents, conflict of interest policy, or financial statements available to the public.”

“Contracted services: program service expenses 285,604. Management and general expenses 28,726. Fundraising expenses 0. Total expenses 314,330.”

“The organization changed its method of accounting in 2024 to align with audited financial statement reporting.”