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Griffin Faculty Physicians Inc

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

EIN: 061463147 ✦ Derby, CT ✦ Designated as a 501(c)(3)

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Overview

What is Griffin Faculty Physicians Inc?

Griffin Faculty Physicians Inc is a nonprofit medical group based in Derby, Connecticut, specifically at 130 Division Street, 06418. Their mission is to provide essential medical services for patients of Griffin Hospital and the local community. Additionally, they contribute to the hospital's graduate medical education programs by offering teaching services. Furthermore, they conduct research focused on preventive health services. With a workforce of 126 individuals, Griffin Faculty Physicians Inc is an integral part of the multispecialty medical community affiliated with Griffin Hospital.


Official website here: www.gfp.griffinhealth.org/

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement

Griffin Faculty Physicians Inc has received a two-star rating from Charity Navigator, indicating several areas of concern, particularly regarding governance and financial practices. The organization scored 66% overall, showing a commitment to program expenses with an impressive program expense ratio of 90.27%. However, the lack of independent board members and a high liabilities to assets ratio raises questions about its financial health and governance structure.

The organization demonstrates a solid commitment to transparency with their conflict of interest and whistleblower policies in place, along with proper documentation of board meeting minutes. They received full marks in terms of audit and oversight committee activities, indicating some strength in their financial oversight. However, the absence of independent board members is a significant weakness, as it can lead to potential conflicts of interest and less effective governance.

Additionally, the nonprofit has not made its tax form available on its website, which detracts from its accountability. While the organization appears to manage its program expenses efficiently, the overall financial health indicated by the liabilities to assets ratio suggests that it may be facing challenges that need to be addressed for long-term sustainability.


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

Is Griffin Faculty Physicians Inc legitimate?

Griffin Faculty Physicians Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Griffin Faculty Physicians 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: $926,094
Professional Fundraising Fees: $0
Other Salaries and Wages: $27,825,682

For more financial information, click here


Official website here: www.gfp.griffinhealth.org/

What is the mission statement of Griffin Faculty Physicians Inc?

Griffin Faculty Physicians Inc is a multi-specialty medical group affiliated with Griffin Hospital. Their mission is centered around providing essential medical services to the patients of Griffin Hospital and the larger community it serves. In addition to this, they contribute significantly to the educational programs at Griffin Hospital by offering teaching services to its graduate medical education programs. Furthermore, they conduct research in the area of preventive health services.


Official website here: www.gfp.griffinhealth.org/

Who is the CEO of Griffin Faculty Physicians Inc?

Patrick S Charmel is the Principal Officer of Griffin Faculty Physicians Inc.


Official website here: www.gfp.griffinhealth.org/

What is the revenue of Griffin Faculty Physicians Inc?

Griffin Faculty Physicians Inc's revenue in 2022 was $34,562,008.


Official website here: www.gfp.griffinhealth.org/

Who are the executives of Griffin Faculty Physicians Inc and what are their salaries?

The average compensation at Griffin Faculty Physicians Inc during 2022 was $228,189. There are 126 employees and 4 volunteers at Griffin Faculty Physicians Inc.


Here are 10 key members and their salaries:


Frederick Browne Md (President)
  • Compensation: $442,813
  • Related: $0
  • Other: $34,793
Denise Barajas Md (Vice President)
  • Compensation: $372,558
  • Related: $0
  • Other: $25,124
Patrick Charmel (Secretary)
  • Compensation: $0
  • Related: $728,998
  • Other: $35,855
Alex Balko (Treasurer)
  • Compensation: $0
  • Related: $419,443
  • Other: $35,135
Adam M Dworkin (Vice President)
  • Compensation: $0
  • Related: $216,078
  • Other: $31,949
Richard P Salzano Jr (Physician)
  • Compensation: $482,024
  • Related: $0
  • Other: $34,793
Grace A Biggs Md (Physician)
  • Compensation: $641,583
  • Related: $0
  • Other: $18,883
Scott A Vander Vennet (Physician)
  • Compensation: $478,095
  • Related: $0
  • Other: $6,441
Jonathan T Simon (Physician)
  • Compensation: $550,630
  • Related: $0
  • Other: $34,793
Abraham Fridman (Physician)
  • Compensation: $480,779
  • Related: $0
  • Other: $34,793


Official website here: www.gfp.griffinhealth.org/

Where can I find the form 990 for Griffin Faculty Physicians Inc?

Griffin Faculty Physicians Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.gfp.griffinhealth.org/

Learn more at the official website: www.gfp.griffinhealth.org/

Mission Statement of Griffin Faculty Physicians Inc

Griffin Faculty Physicians Inc, a prominent multi-specialty medical group, is dedicated to delivering top-notch medical services to the patients of Griffin Hospital and the wider community served by the institution. The organization's mission extends beyond patient care, as it also plays a vital role in providing teaching services for Griffin Hospital's graduate medical education programs. Furthermore, Griffin Faculty Physicians conduct preventive health services research to advance the medical field and improve patient outcomes.

The team of dedicated medical professionals at Griffin Faculty Physicians collaborates closely with Griffin Hospital to ensure that patients receive comprehensive and compassionate care. Their expertise spans across various medical specialties, enabling them to address the diverse health needs of their patients. In addition to direct patient care, Griffin Faculty Physicians contribute to the next generation of medical professionals through their teaching roles in Griffin Hospital's graduate medical education programs. These programs equip future doctors and healthcare professionals with the necessary skills and knowledge to excel in their careers and serve their own communities.

Griffin Faculty Physicians' commitment to research further solidifies their position as a respected player in the medical community. By conducting preventive health services research, they aim to identify innovative approaches to addressing the root causes of common health issues and improving overall population health. Their findings contribute to the broader medical community, ultimately leading to better patient care and improved health outcomes.

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Impact




August, 2024

Griffin Faculty Physicians Inc's impact is primarily focused on providing high-quality medical services to the patients of Griffin Hospital and the broader community in Derby, CT. They play a crucial role in supporting the healthcare needs of the area by offering a range of medical specialties and services. Moreover, Griffin Faculty Physicians contributes to the community through teaching services for Griffin Hospital's graduate medical education programs, helping to train the next generation of healthcare professionals. Additionally, their research into preventive health services adds valuable knowledge to the medical field, ultimately benefiting both patients and medical practitioners. Overall, Griffin Faculty Physicians Inc's activities have a significant and positive impact on healthcare delivery, education, and research in their community.




This information is meant to be a general summary of Griffin Faculty Physicians 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.

Revenue
$34,562,008 (2022)
Expenses
$45,457,730 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $34,084,153
  • Gross Receipts: $34,562,008

Assets and Liabilities:

  • Total Assets: $14,312,661
  • Total Liabilities: $10,806,109
  • Net Assets: $3,506,552

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Programs

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

PATIENT SERVICE REVENUE

Revenue

$27,594,132

OTHER OPERATING REVENUE

Revenue

$6,490,021

Organization Details

Founding Year

1996

Principal Officer

Patrick S Charmel

Main Address

130 DIVISION STREET, DERBY, CT, 06418

NTEE Category

Code: E31 - Health

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