Overview
What is Emerson Practice Associates Inc?
Emerson Practice Associates Inc, located in Concord, Massachusetts, is a nonprofit organization dedicated to making quality and affordable primary and specialty healthcare accessible to communities served by Emerson Hospital. The mission of Emerson Practice Associates is to provide comprehensive healthcare services to enhance the wellbeing of the local population. With a focus on affordability, the organization strives to cater to the diverse healthcare needs of the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 39%
Emerson Practice Associates Inc has received a Zero-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. With a notably low score of 39%, the organization lacks independent board members, which raises questions about governance and oversight. Although it has some positive policies in place, the absence of an independent board points to potential weaknesses in strategic decision-making.
Strengths noted in the evaluation include a well-established audit and oversight committee, as well as the presence of vital policies such as conflict of interest and whistleblower protections. However, these strengths are overshadowed by critical issues such as a complete lack of independent oversight and transparency. The organization also failed to provide essential financial documents on its website, which limits public access to information crucial for stakeholder trust.
Moreover, the financial indicators suggest that the organization may not be allocating funds effectively towards its programs, as evidenced by a 0% program expense ratio. This raises further concerns about the organization's impact and efficiency. Overall, the low rating reflects serious challenges that could hinder its effectiveness and reputation within the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Emerson Practice Associates Inc legitimate?
Emerson Practice Associates Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Emerson Practice Associates Inc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Emerson Practice Associates Inc?
Emerson Practice Associates Inc is dedicated to ensuring that individuals in the served communities have access to top-notch and affordable primary and specialist healthcare. Their mission is clear: to make quality care available and cost-effective for all. By partnering with Emerson Hospital, they extend the hospital's reach into the communities, enhancing access to essential medical services. Their commitment to community healthcare goes beyond primary care, as they offer a range of specialist services to cater to diverse health needs. Overall, Emerson Practice Associates Inc strives to bridge the gap between healthcare access and affordability, improving the overall wellbeing of the communities they serve.
Who is the CEO of Emerson Practice Associates Inc?
Stephen Coco is the President & Ceo of Emerson Practice Associates Inc. The CEO's salary of Emerson Practice Associates Inc is $0 and their total compensation is $1,489,874.
What is the revenue of Emerson Practice Associates Inc?
Emerson Practice Associates Inc's revenue in 2022 was $43,982,818.
Who are the executives of Emerson Practice Associates Inc and what are their salaries?
Here are 12 key members and their salaries (Emerson Practice Associates Inc's CEO's salary is $0 and their total compensation is $1,489,874):
- Compensation: $0
- Related: $1,251,184
- Other: $238,690
- Compensation: $0
- Related: $556,968
- Other: $86,087
- Compensation: $0
- Related: $495,377
- Other: $51,490
- Compensation: $0
- Related: $283,769
- Other: $29,334
- Compensation: $0
- Related: $295,589
- Other: $30,507
- Compensation: $0
- Related: $1,579,987
- Other: $30,507
- Compensation: $0
- Related: $1,098,691
- Other: $24,207
- Compensation: $0
- Related: $735,564
- Other: $8,313
- Compensation: $0
- Related: $605,075
- Other: $30,507
- Compensation: $0
- Related: $599,491
- Other: $24,207
- Compensation: $0
- Related: $669,698
- Other: $71,060
- Compensation: $0
- Related: $235,778
- Other: $0
Where can I find the form 990 for Emerson Practice Associates Inc?
Emerson Practice Associates Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Emerson Practice Associates Inc
Emerson Practice Associates Inc, a committed organization, strives to make high-quality and affordable primary and specialist healthcare accessible to communities linked with Emerson Hospital. The mission of Emerson Practice Associates Inc is multifaceted, focusing on extending essential medical services at cost-effective prices within the reach of the served communities. Their ultimate goal is to bridge the gap between healthcare needs and accessibility.
Emerson Practice Associates Inc takes pride in its unwavering dedication to delivering top-notch medical care. By providing primary and specialty care, they ensure that individuals in the communities they serve have access to comprehensive healthcare solutions. Their commitment extends beyond just offering medical services, as they aim to make healthcare an affordable and accessible option for all. By doing so, they contribute significantly to enhancing the overall well-being of the communities they serve.
In an era when healthcare costs continue to rise, Emerson Practice Associates Inc stands out as a beacon of hope. Their unwavering mission to make high-quality medical care accessible and affordable to all, regardless of their financial situation, is truly commendable. Emerson Practice Associates Inc's team of skilled healthcare professionals works diligently to ensure that every patient receives the best possible care in a welcoming and inclusive environment. Their commitment to providing accessible and affordable care is a testament to their unwavering dedication to the communities they serve.
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Impact
October, 2024
Emerson Practice Associates Inc significantly enhances healthcare access in the communities served by Emerson Hospital by providing high-quality and cost-effective primary and specialty care. Situated in Concord, MA, the organization focuses on ensuring that individuals have the necessary resources for their health needs. This commitment improves overall community health outcomes by facilitating timely access to medical services, thereby reducing barriers for patients seeking care. Through its initiatives, Emerson Practice Associates Inc plays a crucial role in fostering a healthier population and supporting the well-being of the communities it serves.
This information is meant to be a general summary of Emerson Practice Associates Inc. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $43,982,818
- Gross Receipts: $43,982,818
Assets and Liabilities:
- Total Assets: $11,268,793
- Total Liabilities: $11,268,793
- Net Assets: $0
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PATIENT SERVICE REVENU
Revenue
$43,982,818
Organization Details
Founding Year
1992
Phone
(978) 287-8709Principal Officer
Stephen Coco
Main Address
133 OLD ROAD TO NINE ACRE CORNER, CONCORD, MA, 01742
NTEE Category
Code: E220 - Health
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