Overview
What is Heywood Medical Group Inc?
Heywood Medical Group Inc is a healthcare organization based in Gardner, Massachusetts, with a workforce of 384 employees. The group specializes in both primary and specialty care, catering to over 40 physicians. The primary care physicians primarily focus on pediatrics and family practice, while the specialty care physicians offer expertise in various fields such as cardiology, endocrinology, gastroenterology, gynecology/obstetrics, orthopedics, pulmonology, urology, and general surgery. The organization works in conjunction with Heywood Hospital and Athol Hospital to deliver comprehensive, high-quality healthcare services to the community. Its mission is to engage in multi-specialty medical practices and provide necessary ancillary services to render professional healthcare services, aiming to promote and improve the general public health in the Greater Gardner area.
Official website here: www.heywood.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 68%, earning a Two-Star out of Four Star rating
Heywood Medical Group Inc has received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and financial health. The organization excels in areas such as financial oversight, with full marks for its audit and oversight committee, and a strong program expense ratio of 93.48%, suggesting that a significant portion of funding is directed towards its programs.
However, the organization faces notable challenges in governance, particularly concerning its board composition, as it has no independent members. The lack of independent oversight could raise concerns about decision-making processes. Additionally, the nonprofit has a high liabilities to assets ratio at 66.81%, which may signal financial stability issues that stakeholders should be aware of.
Despite these limitations, Heywood Medical Group maintains strong policies regarding conflict of interest, whistleblower protections, and document retention. The organization’s commitment to transparency is evident, but the absence of its tax form on the website is a critical oversight that could affect public trust. Overall, while there are strengths in their financial management, improvements in governance and transparency are needed for a more favorable evaluation.
This AI summary has been generated from information found on Charity Navigator.
Is Heywood Medical Group Inc legitimate?
Heywood Medical Group Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Heywood Medical Group 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: $3,027,478
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,775,289
For more financial information, click here
Official website here: www.heywood.org
What is the mission statement of Heywood Medical Group Inc?
The mission of Heywood Medical Group Inc is focused on delivering multi-specialty medical services to individuals. They aim to provide necessary medical and ancillary services to render professional care. The organization strives to improve the health of patients, with a particular focus on the Greater Gardner area. They are committed to participating in activities that promote and enhance the general public health of their patients.
Official website here: www.heywood.org
Who is the CEO of Heywood Medical Group Inc?
Thomas Sullivan is the President/Ceo of Heywood Medical Group Inc. The CEO's salary of Heywood Medical Group Inc is $0 and their total compensation is $1,135,982.
Official website here: www.heywood.org
What is the revenue of Heywood Medical Group Inc?
Heywood Medical Group Inc's revenue in 2022 was $6,997,469.
Official website here: www.heywood.org
Who are the executives of Heywood Medical Group Inc and what are their salaries?
The average compensation at Heywood Medical Group Inc during 2022 was $22,924. There are 384 employees and 7 volunteers at Heywood Medical Group Inc.
Here are 19 key members and their salaries (Heywood Medical Group Inc's CEO's salary is $0 and their total compensation is $1,135,982):
- Compensation: $0
- Related: $1,064,638
- Other: $71,344
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $273,458
- Related: $0
- Other: $16,839
- Compensation: $178,323
- Related: $0
- Other: $29,517
- Compensation: $326,748
- Related: $0
- Other: $28,832
- Compensation: $161,550
- Related: $0
- Other: $24,185
- Compensation: $319,939
- Related: $0
- Other: $32,697
- Compensation: $259,706
- Related: $0
- Other: $13,998
- Compensation: $92,005
- Related: $0
- Other: $4,804
- Compensation: $357,028
- Related: $0
- Other: $29,361
- Compensation: $0
- Related: $273,439
- Other: $30,328
- Compensation: $280,298
- Related: $0
- Other: $39,629
- Compensation: $0
- Related: $455,812
- Other: $58,473
- Compensation: $510,113
- Related: $0
- Other: $48,448
- Compensation: $500,015
- Related: $0
- Other: $38,895
- Compensation: $854,218
- Related: $0
- Other: $39,805
- Compensation: $671,633
- Related: $0
- Other: $46,098
- Compensation: $572,210
- Related: $0
- Other: $40,533
- Compensation: $552,591
- Related: $0
- Other: $32,945
Official website here: www.heywood.org
Where can I find the form 990 for Heywood Medical Group Inc?
Heywood Medical Group Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.heywood.org
Learn more at the official website: www.heywood.org
Mission Statement of Heywood Medical Group Inc
Heywood Medical Group Inc, a multi-specialty medical organization, is dedicated to providing comprehensive healthcare services to individuals. Their primary mission is to render professional medical services, along with necessary ancillary services, to ensure the well-being of their patients. The organization aims to extend its services to the general public, particularly those residing in the north central region, with a focus on improving the health of the community in the Greater Gardner area. By participating in activities designed to promote public health, Heywood Medical Group Inc strives to make a significant positive impact on the lives of their patients and the wider community.
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Impact
June, 2024
Heywood Medical Group Inc's impact is significant in providing high-quality, comprehensive healthcare services to individuals and families in need in the north central region of Massachusetts. With over 40 physicians specializing in Primary Care and Specialty Care, they address a wide range of medical needs including pediatrics, family practice, cardiology, endocrinology, gastroenterology, gynecology/obstetrics, orthopedics, pulmonology, urology, and general surgery. By working in coordination with Heywood Hospital and Athol Hospital, Heywood Medical Group ensures that patients receive holistic care and support. Additionally, their oversight of provider-based clinics demonstrates their commitment to expanding access to healthcare services in the Greater Gardner area.
This information is meant to be a general summary of Heywood Medical Group 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.
- Investment Income: $364
- Program Service Revenue: $6,997,105
- Gross Receipts: $6,997,469
Assets and Liabilities:
- Total Assets: $16,739,541
- Total Liabilities: $11,184,578
- Net Assets: $5,554,963
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Gross Patient Revenue
Revenue
$20,488,938
Other Program Revenue
Revenue
$1,300,439
Care Management Revenu
Revenue
$28,141
Provision for Bad Debt
Revenue
-$721,937
Contractual Allowances
Revenue
-$14,098,476
Organization Details
Founding Year
1992
Phone
(978) 632-5009Principal Officer
Thomas Sullivan
Main Address
242 Green Street, Gardner, MA, 01440
Website
www.heywood.orgNTEE Category
Code: F30 - Mental health
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