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.