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Foundation Medical Partners

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 020456218 ✦ Nashua, NH ✦ Designated as a 501(c)(3)

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Overview

What is Foundation Medical Partners?

Foundation Medical Partners is a nonprofit healthcare organization situated in Southern and Central New Hampshire, with an extended reach to the northeastern border of Massachusetts. Committed to serving a diverse population, including the indigent, their mission is to deliver exceptional healthcare that significantly improves the health and well-being of individuals and communities. They are recognized as a preferred provider, offering accessible and high-value healthcare services in a compassionate, dignified environment.


Official website here: www.snhhs.org

What are the reviews and ratings of this charity?

Charity Navigator rating: 81%, Three-Star out of Four Star rating.

Foundation Medical Partners has achieved a solid Three-Star rating, reflecting an overall score of 81%. This rating is based solely on their Accountability & Finance metrics, indicating a strong emphasis on financial responsibility and governance. Their commitment to transparency is evident through their independent board composition and adherence to various operational policies.

The organization has scored exceptionally well in key areas such as having a majority of independent board members and a robust program expense ratio of nearly 94%, which suggests that a significant portion of their finances is dedicated to programmatic activities rather than administrative costs. They have also received full marks for their audit, oversight, and conflict of interest policies, showcasing their commitment to ethical practices and accountability.

Despite the positive rating, the focus on a single beacon score might limit the overall assessment of the organization’s performance across other important areas such as impact and community engagement. Nonetheless, their strong governance and financial health position them positively in the nonprofit sector.


This AI summary has been generated from information found on Charity Navigator.

Is Foundation Medical Partners legitimate?

Foundation Medical Partners is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foundation Medical Partners submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $1,967,605
Professional Fundraising Fees: $0
Other Salaries and Wages: $88,071,737

For more financial information, click here


Official website here: www.snhhs.org

What is the mission statement of Foundation Medical Partners?

Foundation Medical Partners is committed to delivering exceptional healthcare services that enhance the health and well-being of individuals and communities. They prioritize providing quality care with convenience, maintaining an environment that values dignity, compassion, and dedicated service. Their mission extends to serving a diverse population, including those who face financial challenges.


Official website here: www.snhhs.org

Who is the CEO of Foundation Medical Partners?

James Watkins is the Trustee of Foundation Medical Partners. The CEO's salary of Foundation Medical Partners is $0 and their total compensation is $327,841.


Official website here: www.snhhs.org

What is the revenue of Foundation Medical Partners?

Foundation Medical Partners's revenue in 2022 was $127,393,246.


Official website here: www.snhhs.org

Who are the executives of Foundation Medical Partners and what are their salaries?

The average compensation at Foundation Medical Partners during 2022 was $85,426. There are 1054 employees and 12 volunteers at Foundation Medical Partners.


Here are 31 key members and their salaries (Foundation Medical Partners's CEO's salary is $0 and their total compensation is $327,841):


Karen Maynard Md (Trustee)
  • Compensation: $729,468
  • Related: $0
  • Other: $49,838
Robert Dorf (Fmp President & Ceo (End 9/21))
  • Compensation: $0
  • Related: $534,762
  • Other: $40,603
Scott A Wolf Do (Snhmc Pres./Ceo/Sec. (End 8/21))
  • Compensation: $0
  • Related: $504,492
  • Other: $10,615
Colin T Mchugh (Snhmc Pres./Ceo/Sec. (Start 4/22))
  • Compensation: $0
  • Related: $321,375
  • Other: $31,269
Mark Santos (Fmp President & Ceo)
  • Compensation: $0
  • Related: $318,775
  • Other: $9,066
Thomas Wilhelmsen (Snhmc Interim Pres./Sec. (End 4/22))
  • Compensation: $0
  • Related: $161,538
  • Other: $0
James Watkins (Fmp Interim President/Secretary)
  • Compensation: $0
  • Related: $416,000
  • Other: $0
Marc Sadowsky Md (Trustee)
  • Compensation: $0
  • Related: $28,600
  • Other: $0
Phillip Sullivan Md (Trustee (End 5/2022))
  • Compensation: $399,044
  • Related: $0
  • Other: $24,386
Melliyal Annamalai (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sister Paula Marie Buley (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Craig Fitzgerald (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Helen Honorow Esq (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Jordan (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
The Hon Joseph N Laplante (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Mclaughlin (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marlene Santiago Md (Trustee (End 5/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
John J Sullivan (Trustee (End 5/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Eitan Zeira (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rachel Rowe (Chair (End 5/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Timothy Sullivan Esq (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bobbie D Bagley (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charla B Stevens Esq (Vice Chair (End 12/2021))
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael J Deleo Iii (Chief Medical Officer)
  • Compensation: $699,566
  • Related: $0
  • Other: $65,303
Paul Trainor (Senior Vp & Cfo, Treasurer)
  • Compensation: $0
  • Related: $467,036
  • Other: $47,496
Tung T Nguyen Md (Physician)
  • Compensation: $1,101,106
  • Related: $0
  • Other: $76,484
Mollie A Maccormack Md (Physician)
  • Compensation: $1,020,854
  • Related: $0
  • Other: $48,945
Edward A Sirlin Iii Md (Physician)
  • Compensation: $834,845
  • Related: $0
  • Other: $70,303
Michael R Kaczanowski Md (Physician)
  • Compensation: $819,073
  • Related: $0
  • Other: $67,972
Kolawole O Olugbade Jr Md (Physician)
  • Compensation: $727,299
  • Related: $0
  • Other: $31,308
Michael S Rose (Former Trea./Pres./Sec. (End 6/20))
  • Compensation: $0
  • Related: $677,389
  • Other: $0


Official website here: www.snhhs.org

Where can I find the form 990 for Foundation Medical Partners?

Foundation Medical Partners's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.snhhs.org

Learn more at the official website: www.snhhs.org

Mission Statement of Foundation Medical Partners

Foundation Medical Partners, a leading healthcare organization, is committed to delivering exceptional care that enhances the health and well-being of individuals and communities it serves. With a mission to be a provider of choice, the organization goes above and beyond to offer high value, quality care in an environment that embodies dignity, compassion, and service.

By providing healthcare services to a diverse population base, including the indigent, Foundation Medical Partners reaches out to a wide range of individuals in Southern and Central New Hampshire, as well as the northeastern border of Massachusetts. The organization's dedication to improving health outcomes extends far beyond the mere provision of medical care, as it strives to create a nurturing and inclusive environment that puts the needs of its patients at the forefront.

Foundation Medical Partners' compassionate approach to care ensures that each patient receives individualized attention and treatment, allowing them to feel heard, understood, and valued. The organization's team of skilled healthcare professionals is dedicated to delivering care that not only addresses the physical symptoms but also considers the emotional and social aspects of each patient's well-being. By embracing the principles of dignity, compassion, and service, Foundation Medical Partners stands out as a trusted and esteemed organization within its community.

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Impact




October, 2024

Foundation Medical Partners significantly enhances the health and well-being of individuals and communities in Southern and Central New Hampshire and the northeastern border of Massachusetts. By offering healthcare services to a diverse population, including the underserved, the organization ensures that quality care is accessible to everyone. Its commitment to delivering exceptional care fosters an environment that values dignity and compassion, making it the provider of choice in the region. Through its initiatives, Foundation Medical Partners not only improves individual health outcomes but also contributes to the overall vitality of the community it serves.




This information is meant to be a general summary of Foundation Medical Partners. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$127,393,246 (2022)
Expenses
$163,332,003 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: -$100,009
  • Program Service Revenue: $124,025,260
  • Gross Receipts: $127,493,255

Assets and Liabilities:

  • Total Assets: $51,959,863
  • Total Liabilities: $55,213,822
  • Net Assets: -$3,253,959

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Offices of physicians

Revenue

$129,377,286

Provision for bad debt

Revenue

-$5,352,026

Organization Details

Founding Year

1992

Principal Officer

James Watkins

Main Address

8 Prospect Street, Nashua, NH, 030603928

NTEE Category

Code: E31 - Health

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