Overview
What is Northeast Medical Practice Inc?
Northeast Medical Practice Inc is a medical group based in Massachusetts, dedicated to providing top-notch medical care for patients associated with Northeast Hospital Corporation, which includes Beverly Hospital, Addison Gilbert Hospital, and Bayridge Hospital. Their mission is to offer medical services exclusively to the hospital's patients and hospital services area, catering to Medicare, Medicaid, and all other patients. By working in collaboration with the Beth Israel Lahey Health (BILH) Network of Affiliates, Northeast Medical Practice enhances the overall healthcare experience for their patients.
Official website here: www.beverlyhospital.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Northeast Medical Practice Inc has received a two-star rating from Charity Navigator, indicating significant areas for improvement in its governance and accountability practices. While the organization performs well in aspects such as financial statements and program expense ratio, it struggles with board independence, having no independent members. This lack of independent oversight could raise concerns about the organization's accountability in decision-making processes.
The organization has a strong performance in maintaining essential policies, including conflict of interest, whistleblower protections, and document retention. However, it faces challenges with its financial health, specifically a high liabilities to assets ratio, which has impacted its overall accountability score. This situation highlights potential risks in financial management that stakeholders should be aware of.
Overall, while Northeast Medical Practice Inc demonstrates a commitment to transparency in certain areas, the absence of independent board members and financial concerns could impede its effectiveness and trustworthiness. Potential donors and supporters should consider these factors when evaluating the organization’s impact and reliability.
This AI summary has been generated from information found on Charity Navigator.
Is Northeast Medical Practice Inc legitimate?
Northeast Medical Practice Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Northeast Medical Practice 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: $360,089
Professional Fundraising Fees: $0
Other Salaries and Wages: $34,342,971
For more financial information, click here
Official website here: www.beverlyhospital.com
What is the mission statement of Northeast Medical Practice Inc?
Northeast Medical Practice Inc is dedicated to delivering top-notch medical care to patients associated with Northeast Hospital Corporation. This mission is pursued in collaboration with Beth Israel Lahey Health Network of affiliates. The primary focus of the practice is catering to the healthcare needs of the hospital's patients, including those covered by Medicare, Medicaid, and other insurance plans. The mission is to operate as an exclusive medical group practice, providing essential medical services to the hospital community.
Official website here: www.beverlyhospital.com
What is the revenue of Northeast Medical Practice Inc?
Northeast Medical Practice Inc's revenue in 2023 was $42,682,630.
Official website here: www.beverlyhospital.com
Who are the executives of Northeast Medical Practice Inc and what are their salaries?
The average compensation at Northeast Medical Practice Inc during 2023 was $118,846. There are 292 employees at Northeast Medical Practice Inc.
Here are 19 key members and their salaries:
- Compensation: $0
- Related: $1,301,463
- Other: $34,409
- Compensation: $0
- Related: $802,046
- Other: $220,936
- Compensation: $0
- Related: $898,193
- Other: $15,864
- Compensation: $0
- Related: $573,985
- Other: $24,034
- Compensation: $0
- Related: $655,415
- Other: $45,377
- Compensation: $0
- Related: $482,155
- Other: $33,161
- Compensation: $0
- Related: $343,973
- Other: $61,705
- Compensation: $322,794
- Related: $0
- Other: $37,295
- Compensation: $0
- Related: $305,994
- Other: $7,869
- Compensation: $0
- Related: $244,408
- Other: $33,577
- Compensation: $0
- Related: $207,100
- Other: $1,856
- Compensation: $800,931
- Related: $0
- Other: $41,341
- Compensation: $702,673
- Related: $0
- Other: $36,187
- Compensation: $634,616
- Related: $0
- Other: $30,473
- Compensation: $533,010
- Related: $0
- Other: $33,831
- Compensation: $538,508
- Related: $0
- Other: $826
- Compensation: $0
- Related: $183,998
- Other: $39,951
- Compensation: $0
- Related: $238,584
- Other: $11,302
- Compensation: $0
- Related: $121,048
- Other: $3,100
Official website here: www.beverlyhospital.com
Where can I find the form 990 for Northeast Medical Practice Inc?
Northeast Medical Practice Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.beverlyhospital.com
Learn more at the official website: www.beverlyhospital.com
Mission Statement of Northeast Medical Practice Inc
Northeast Medical Practice (NMP), a dedicated medical group, is committed to delivering superior medical care to the patients associated with Northeast Hospital Corporation. This includes those served by Beverly Hospital, Addison Gilbert Hospital, and Bayridge Hospital. NMP's primary objective aligns with the Beth Israel Lahey Health (BILH) Network of affiliates.
In the third person perspective, NMP's mission is to function as an exclusive medical group practice, catering to the medical needs of Northeast Hospital Corporation's patient base. This encompasses a diverse range of individuals, from those covered by Medicare, Medicaid, and other healthcare plans. By collaborating closely with Northeast Hospital Corporation, NMP ensures that patients receive comprehensive healthcare services within the hospital and its surrounding areas.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Northeast Medical Practice Inc plays a crucial role in enhancing healthcare access and quality in the communities served by Northeast Hospital Corporation, which includes Beverly Hospital, Addison Gilbert Hospital, and Bayridge Hospital. By providing high-quality medical care, the practice directly contributes to the well-being of patients in the region.
NMP focuses on delivering comprehensive medical services, ensuring that a diverse patient population, including those covered by Medicare, Medicaid, and other insurance plans, receives essential healthcare. This inclusive approach helps to address the varying health needs of the community, fostering better health outcomes and promoting overall public health.
Collaborating with the Beth Israel Lahey Health network, Northeast Medical Practice Inc enhances its capacity to deliver effective care, aligning with best practices and ensuring that patients benefit from a coordinated healthcare experience. The practice not only supports immediate medical needs but also contributes to the long-term health infrastructure, helping maintain the delivery of vital services within the region. By doing so, it strengthens community health and ultimately improves quality of life for the residents it serves.
This information is meant to be a general summary of Northeast Medical Practice 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 2023.
- Program Service Revenue: $42,675,605
- Gross Receipts: $42,788,508
Assets and Liabilities:
- Total Assets: $14,184,215
- Total Liabilities: $14,366,224
- Net Assets: -$182,009
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PATIENT CARE REVENUE
Revenue
$42,124,541
SERVICES TO AFFILIATES
Revenue
$551,064
Organization Details
Founding Year
1993
Principal Officer
Rios Cindy
Website
www.beverlyhospital.comNTEE Category
Code: E30Z - Health
If you are a representative of Northeast Medical Practice Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.