PLATINUM2023

Needymeds Inc.

Find help with the cost of medicine

Gloucester, MA   |  NeedyMeds.org

Mission

NeedyMeds educates and empowers those seeking affordable healthcare.

Ruling year info

2013

Principal Officer

Dr. Richard J Sagall

Main address

50 Whitteore Street

Gloucester, MA 01930 USA

Show more contact info

EIN

46-3091990

NTEE code info

Health Support Services (E60)

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

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Communication

Blog

Programs and results

What we aim to solve

SOURCE: Self-reported by organization

NeedyMeds was started in 1997 by Richard J. Sagall, MD, a family physician, and Libby Overly, MSW, MEd, a medical social worker. Both realized there was a need for a centralized resource for information on pharmaceutical patient assistance programs. With the Internet becoming an important source of information, they decided that was the perfect medium for this ever-changing information. Since then NeedyMeds has grown considerably. The website has become the premier source of information on all types of programs that assists those who can't afford their medications or health care costs.

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

RESOURCE CONNECTION

Free Access to the thousands of resources contained on the website, including patient assistance programs for prescription medications, disease specific resources and financial assistance, medication coupons, free and low cost healthcare clinic, drug discount card and federal and state programs.

Population(s) Served
Adults
Children and youth

PAPTracker softwarefor healthcare clinics enables them to cost effectively streamline the process of enrolling their clients in patient assistance programs

Population(s) Served
Adults

Where we work

Awards

50 Best NonProfits to work for 2013

NonProfit Times

50 Best NonProfits to work for 2014

NonProfit Times

50 Best NonProfits to work for 2015

NonProfit Times

2015 Top-Rated Nonprofit 2015

Great Nonprofits

2014 Top-Rated Nonprofit 2014

Great Nonprofits

2016 Top-Rated Nonprofit 2016

Great Nonprofits

50 Best NonProfits to work for 2017

NonProfit Times

50 Best NonProfits to work for 2018

NonProfit Times

2017 Top-Rated Nonprofit 2017

Great Nonprofits

50 Best NonProfits to work for 2022

NonProfit Times

2022 Top-Rated Nonprofit 2022

Great Nonprofits

Our results

SOURCE: Self-reported by organization

How does this organization measure their results? It's a hard question but an important one.

Number of return website visitors

This metric is no longer tracked.
Totals By Year
Population(s) Served

Adults

Related Program

RESOURCE CONNECTION

Type of Metric

Input - describing resources we use

Direction of Success

Increasing

Number of unique website visitors

This metric is no longer tracked.
Totals By Year
Population(s) Served

Adults

Related Program

RESOURCE CONNECTION

Type of Metric

Input - describing resources we use

Direction of Success

Increasing

Number of clients served

This metric is no longer tracked.
Totals By Year
Population(s) Served

Adults

Related Program

RESOURCE CONNECTION

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Number of training workshops

This metric is no longer tracked.
Totals By Year
Population(s) Served

Adults

Related Program

RESOURCE CONNECTION

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Context Notes

Overview Webinars, Special Topic Webinars, Briefs and Trainings

Our Sustainable Development Goals

SOURCE: Self-reported by organization

Learn more about Sustainable Development Goals.

Goals & Strategy

SOURCE: Self-reported by organization

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

NeedyMeds educates and empowers those seeking cost-effective, comprehensive healthcare and strives towards affordable healthcare for all. Our target population is primarily underserved individuals and communities, but we offer extensive healthcare cost solutions and educational trainings that transcend socioeconomic class. By offering program assistance as well as educational opportunities, NeedyMeds is uniquely poised to simultaneously help people in need while providing them with the tools to make more informed choices about their wellness. Self-advocacy and knowledge will lead to the intended social outcome: the demand for reasonably priced, robust healthcare coverage. Our business-oriented goals include expanding our support base and broadening our educational goals to empower more communities and direct social change. Our service-oriented goals include improving our website searchability, adding additional cost-savings programs and multiplying the avenue of access to assistance we offer. We will define long term success by having increased the level of monetary support we receive, the number of individuals we helped, the number of communities we served and the amount of money we saved our consumers. Our success can be measured through data metrics including number of website visitors, number of call center phone calls, number of healthcare programs we connected people with, the dollar savings through our drug discount card, the number of times our drug discount card was accepted and by tracking the extend to which our educational tools are used.

Our goals for the next three to five years include the implementation of annual development plans to expand our support base; the implementation of a national communications and public relations plan to reach even more communities focusing on younger populations; broadening our educational tools to empower more communities and direct social change; improving our website searchability and simplifying access to information. In the beginning of 2016, we implemented a comprehensive development plan including targeted stewardship and solicitations to identified populations, grant research and submission and prospect research. We also began an organizational-wide communications plan focusing on specific geographic regions and populations and we are working to devise additional educational tools and further market the ones we already offer including webinars, Patient Assistance Resource Education Course & Training and our bi-monthly E-Newsletter. These outreach efforts will directly benefit our target audience and bolster our strategic approach.

After over two decades, NeedyMeds has accrued a wealth of institutional knowledge making it possible for us to finely hone our direction and approach moving forward. Most importantly, we have built dynamic databases specifically designed to track our myriad efforts from fundraising plans to educational efforts to public relations goals. In Late 2023 we will be launching an update our entire data system and website. This update will give our site visitors a much-needed comprehensive search experience. Our information technology capabilities will enable us to make all changes and improvements in house from the maintenance and improvement or our website to the additional creation of interactive technology for our consumers. We also have experienced staff members dedicated to all development efforts, comprehensive communication plans as well as consultants for grant writing and public relations to help enhance efforts. We have a dynamic and strong board of directors, a powerful partnership with Consumer Relations, are well rated by the Better Business Bureau and have accrued more than two dozen affiliates that join us to support our mission.

NeedyMeds is continuously adapting to the political and social climate by updating, changing and increasing healthcare assistance programs and tools to meet current population needs to reach our ultimate goal of affordable, comprehensive healthcare for all. Since its inception, the NeedyMeds staff, support base, population served, programs offered and cost saved has multiplied many times over. We have learned that one-size fits all approach to growing our constituents and program creation is not effective. What does effectively work, instead, is targeted one-on-one communication for specific populations and the simplification of access to the resources we provide. Since we learn as we grow, our biggest risk factor remains the expenditure of resources in the pursuit of improvement that may not be as effective or fruitful as we plan. Our most prominent, steadfast obstacles continue to be cost-effectively and efficiently increasing awareness and believability - that we are not too good to be true!
To come we will be launching an update our entire data system and website. This update will give our site visitors a much-needed comprehensive search experience. Making our information quicker and easier to find for visitors to our website and a shorter call time for users of or toll free help number.

Financials

Needymeds Inc.
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Operations

The people, governance practices, and partners that make the organization tick.

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Connect with nonprofit leaders

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Build relationships with key people who manage and lead nonprofit organizations with GuideStar Pro. Try a low commitment monthly plan today.

  • Analyze a variety of pre-calculated financial metrics
  • Access beautifully interactive analysis and comparison tools
  • Compare nonprofit financials to similar organizations

Want to see how you can enhance your nonprofit research and unlock more insights? Learn More about GuideStar Pro.

Needymeds Inc.

Board of directors
as of 02/28/2023
SOURCE: Self-reported by organization
Board chair

Fred Cowan

Retired

Term: 2021 - 2023

Donald Maier

Community Volunteer

Roberta Downey

Julie Erickson

RX OUTREACH

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • Board orientation and education
    Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes
  • CEO oversight
    Has the board conducted a formal, written assessment of the chief executive within the past year ? Yes
  • Ethics and transparency
    Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes
  • Board composition
    Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes
  • Board performance
    Has the board conducted a formal, written self-assessment of its performance within the past three years? Yes

Organizational demographics

SOURCE: Self-reported; last updated 4/28/2022

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity
White/Caucasian/European
Gender identity
Male, Not transgender
Sexual orientation
Heterosexual or Straight
Disability status
Decline to state

Race & ethnicity

Gender identity

Transgender Identity

Sexual orientation

Disability

Equity strategies

Last updated: 04/26/2022

GuideStar partnered with Equity in the Center - an organization that works to shift mindsets, practices, and systems to increase racial equity - to create this section. Learn more

Data
  • We review compensation data across the organization (and by staff levels) to identify disparities by race.
  • We analyze disaggregated data and root causes of race disparities that impact the organization's programs, portfolios, and the populations served.
  • We have long-term strategic plans and measurable goals for creating a culture such that one’s race identity has no influence on how they fare within the organization.
Policies and processes
  • We seek individuals from various race backgrounds for board and executive director/CEO positions within our organization.
  • We have community representation at the board level, either on the board itself or through a community advisory board.