American Society of Cebu Institute of Medicine Alumni Inc.

The American Society of Cebu Institute of Medicine Alumni Inc. (ASOCIMAI) is a nonprofit organization dedicated to fostering professional development among its members, who are alumni of the Cebu Institute of Medicine. The organization operates primarily in the United States and Canada, providing a network for medical professionals to connect and contribute to various charitable and educational initiatives.

History

The organization's roots trace back to the early 1970s when Cebu Institute of Medicine alumni, primarily based in the eastern United States, began informal gatherings. These meetings evolved into a formal organization, initially known as the Cebu Institute of Medicine – USA. Over time, it transformed into its current form, adopting the name ASOCIMAI and becoming a recognized 501(c)(3) organization. This designation allows for tax-deductible donations and strengthens its financial structure for charitable and educational activities[1].

Mission and Activities

The mission of ASOCIMAI includes supporting the professional development of its alumni in medicine and providing grants for various initiatives. The organization is involved in several charitable endeavors, both in the United States and the Philippines. It has supported organizations such as the American Red Cross and has been involved in medical missions to the Philippines. Additionally, ASOCIMAI provides scholarships to deserving students at the Cebu Institute of Medicine[1][4].

Structure and Operations

ASOCIMAI operates under a board of directors composed of prominent alumni from the Cebu Institute of Medicine. The organization hosts regular events, including reunions and continuing medical education programs. These activities serve as opportunities for alumni to network, share knowledge, and contribute to societal causes. The organization is headquartered in Chicago, Illinois, and has been tax-exempt since May 2000[2][5].

Financial Overview

ASOCIMAI's financial operations are primarily supported by contributions from its members and supporters. As a tax-exempt organization, it does not generate revenue from program services or investments. The organization maintains a management structure with no compensation for key employees, reflecting its focus on volunteer service and community contribution[2].