2019-05-11T07:43:42-05:00 2016-12-31 133597814 SKODY SCOT & CO CPAS PC 520 EIGHTH AVE SUITE 2200 NEW YORK NY 10018 990 2016-01-01 471442997 MEDICAL DEBT RESOLUTION INC MEDI 9145659363 80 THEODORE FREMD AVENUE RYE NY 10580 CRAIG ANTICO TREASURER-2019 9145659363 2019-05-11 1 WILLIAM SKODY P00631754 2129671100 2017-11-15 38.122.225.90 2019-05-11 08:42:24 ED 263341201731903ece49 2017-11-15 P 524995AEA7416BCA38FCF03620F6B30226AC6735 7099AD9587EA1308574ED88FE32480EFC9DF500B 2016 2019-02-21 02:37:17Z X CRAIG ANTICO 80 THEODORE FREMD AVENUE RYE NY 10580 259533 0 X RIPMEDICALDEBT.ORG X 2014 NY PURCHASES AND ABOLISHES MEDICAL DEBT FOR POOR INDIVIDUALS. 3 2 1 0 0 0 11416 259533 0 0 0 0 0 0 11416 259533 0 0 0 0 0 61600 0 0 27661 23468 111171 23468 172771 -12052 86762 1922 99977 13820 25113 -11898 74864 THE ORGANIZATION'S MISSION IS TO PURCHASE THE MEDICAL DEBT OF POOR INDIVIDUALS AND ABOLISH THE DEBT. THE ORGANIZATION SEEKS TO ACCOMPLISH ITS MISSION THROUGH ITS DEBT FORGIVENESS PROGRAM. 0 0 94769 DEBT FORGIVENESS PROGRAM - STARTING IN 2016, THE ORGANIZATION BEGAN IDENTIFYING, PURCHASING AND ABOLISHING MEDICAL DEBT FOR INDIVIDUALS WHO MAKE LESS THAN 200% OF THE FEDERAL POVERTY LEVEL OR WHO HAVE HARDSHIPS THAT MAKE PAYING OFF THE DEBT DIFFICULT OR IMPOSSIBLE (A HARDSHIP CASE). EXAMPLES OF HARDSHIPS MAY BE EXCESSIVE MEDICAL DEBT (I.E. OUT OF POCKET MEDICAL EXPENSES AMOUNTING TO MORE THAN 5% OF GROSS INCOME), EXCESSIVE NON-MEDICAL DEBT, JOB LOSS, NUMEROUS OR SICK DEPENDENTS, ETC. 94769 1 1 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 X 3 2 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 NY FL X THE ORGANIZATION 9145659363 80 THEODORE FREMD AVENUE RYE NY 10580 CRAIG ANTICO TREASURER, CEO 50.00 X X 57217 0 0 JERRY ASHTON VP, SECRETARY 50.00 X X 0 0 0 ROBERT GOFF DIRECTOR 1.00 X 0 0 0 57217 0 0 0 0 0 0 0 259533 60000 259533 259533 0 0 0 X 57217 47714 2465 7038 4383 4383 22457 13650 5185 3622 37231 6636 16878 13717 15331 1150 12685 1496 3567 3567 971 971 988 988 DEBT AQUISITION COSTS 21660 21660 TRAVEL AND MEETINGS 6728 3659 2498 571 PUBLICITY AND PUBLIC RE 2238 300 721 1217 172771 94769 50341 27661 308 45799 4480 695 6447 5004 971 1614 4033 0 38523 1922 99977 250 16473 5390 8180 8640 13820 25113 X -11898 -58318 133182 -11898 74864 1922 99977 86762 0 X 1 X 0 0 0 X 2800 11416 259534 273750 0 0 2800 11416 259534 273750 131700 142050 0 0 273750 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5004 971 4033 4033 INVENTORY - DEBT PORTFOLIO 38523 38523 CRAIG ANTICO TREASURER, CEO OPERATIONAL SUPPORT X 8640 8640 0 0 0 8640 X DONATION OF DEBT 1 60000 FMV 0 0 0 FORM 990, PAGES 1-12, SCHEDULES A, B, D, L, M & O CHANGES DUE TO FILING AN AMENDED RETURNS: THE FOLLOWING IS A SUMMARY OF THE ORIGINAL REPORTED AMOUNTS: 990-EZ, PAGE 1 TOTAL REVENUE (LINE 9) 195,694 TOTAL EXPENSES(LINE 17) 147,931 EXCESS/ (LOSS)(LINE 18) 47,763 990-EZ, PAGE 2 TOTAL ASSETS (LINE 25) 57,945 TOTAL LIABILITIES(LINE 26) 22,080 NET ASSSETS-END YEAR (LINE 27) 35,865 THE AMENDED RETURN WAS CONVERTED TO A LONG FORM 990 TO PROVIDE ADDITIONAL DISCLOSURES FOR THE GENERAL PUBLIC. SCHEDULES A AND B WERE CHANGED TO IDENTIFY THE NAMES OF DONORS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 HAS BEEN REVIEWED BY A GROUP OF PERSONS AUTHORIZED TO REVIEW FINANCIAL AND AUDIT MATTERS PRIOR TO FILING. THE FINAL FORM 990 (FILED WITH THE IRS) WILL BE AVAILABLE AT THE NEXT MEETING OF THE BOARD FOR INSPECTION. IN ADDITION, UPON REQUEST OF ANY BOARDMEMBER, A COPY WILL BE PROVIDED. IF THERE ARE ANY MATERIAL CHANGES, AN AMENDED FORM 990 WILL BE FILED. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION ENFORCES THE CONFLICT OF INTEREST POLICY BY MONITORING KNOWN RELATIONSHIPS, QUESTIONNAIRES, AND NOTING ANY CHANGES IN DISCLOSED INFORMATION. ANY CONFLICT IS REVIEWED BY THE BOARD BEFORE A DECISION IS MADE AS TO WHETHER TO APPROVE THE TRANSACTION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G CONSULTANTS AND OUTSIDE CONTRACTORS: PROGRAM SERVICE EXPENSES 13,650. MANAGEMENT AND GENERAL EXPENSES 5,185. FUNDRAISING EXPENSES 3,622. TOTAL EXPENSES 22,457.