Osteopathic Medical Education Consortium of Oklahoma Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
THE MISSION OF OMECO IS TO: (1) ESTABLISH AFFILIATIONS BETWEEN ITS MEMBER ORGANIZATIONS AND OTHER FREE-STANDING HEALTH CARE FACILITIES AND ORGANIZATIONS THAT PROVIDE CLINICAL TRAINING TO OSTEOPATHIC RESIDENTS AND FELLOWS; AND (2) SUPPORT AND PROMOTE THE EXCELLENCE IN THE CONTINUUM OF OSTEOPATHIC MEDICAL EDUCATION THAT BEGINS WITH MATRICULATION AT AN OSTEOPATHIC MEDICAL SCHOOL AND EXTENDS THROUGH RESIDENCY TRAINING.
- Income
- $16.3 million
- Spending
- $16.6 million
- Spent on programs
- 100%
- Reserves
- 0.5 months of spending
- Largest source of income
- government grants, 98%
- Employees
- 0
- Volunteers
- 0
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 39 out of 100. Higher than 12% of charities in its peer group (education, $10m to $100m).
Reserves
4 of 35Spendable reserves would cover 0.5 months of spending.
Debt
2 of 20It owes 87% of what it owns.
Living within its means
8 of 15Spending exceeded income by 2% of income.
Income trend
10 of 15Income fell 5% on the year before.
Spending floor
15 of 15100% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Fair: 68 out of 100. Higher than 5% of charities in its peer group (education, $10m to $100m).
Independent board
25 of 259 of 9 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Independent check of accounts
0 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $16.6 million spent. OMECO SERVED AS AN ACCREDITED SPONSORING INSTITUTION THROUGH THE ACCREDITATION COUNCIL FOR GRADUATE MEDICAL EDUCATION. AN ACGME SPONSORING INSTITUTION IS THE ENTITY THAT ASSUMES ULTIMATE FINANCIAL AND ACADEMIC RESPONSIBILITY FOR ONE OR MORE ACGME-ACCREDITED RESIDENCY OR FELLOWSHIP PROGRAMS. IT OVERSEES, SUPPORTS, AND MANAGES THE LEARNING ENVIRONMENT, ENSURING COMPLIANCE WITH ACGME REQUIREMENTS, AND IS USUALLY A HOSPITAL, MEDICAL SCHOOL, EDUCATIONAL CONSORTIUM. OMECO SPONSORS SEVEN RESIDENCY PROGRAMS ACROSS OKLAHOMA.OMECO SERVES AS A GRANT RECIPIENT FOR THE TEACHING HEALTH CENTER GRADUATE MEDICAL EDUCATION PAYMENT PROGRAM. THIS PROGRAM IS ADMINISTERED THROUGH THE HEALTH RESOURCES AND SERVICES ADMINISTRATION.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since April 2012.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.