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Stony Brook Orthopaedic Associates University Faculty Practice Corporation

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

EIN: 112593061 ✦ Stony brook, NY ✦ Designated as a 501(c)(3)

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Overview

What is Stony Brook Orthopaedic Associates University Faculty Practice Corporation?

Stony Brook Orthopaedic Associates University Facility Practice Corporation is a nonprofit organization based in Stony Brook, New York. They specialize in the field of Orthopaedics and offer professional services to patients. Concurrently, they dedicate themselves to the training and supervision of medical school students, interns, and residents, enhancing their educational experience. This dual commitment allows them to contribute significantly to the healthcare community, employing a workforce of 33 individuals.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement

Stony Brook Orthopaedic Associates University Faculty Practice Corporation has received a two-star rating from Charity Navigator, indicating that the organization is in need of improvement. With an overall score of 64%, the nonprofit shows strengths in financial oversight, as indicated by a perfect score for its Audit and Oversight Committee, as well as no material diversion of assets. Additionally, the organization has effective policies in place for conflict of interest, whistleblower protection, and document retention.

However, there are significant areas of concern, particularly regarding governance and transparency. The organization lacks independent board members, which raises potential questions about accountability. Furthermore, important documents such as the tax form and website listing are missing, which can hinder public trust and accessibility of information for stakeholders. The liabilities to assets ratio is also concerning at 100%, indicating financial risks that could affect operational sustainability.

Overall, while Stony Brook Orthopaedic Associates demonstrates strong program expense management with a high program expense ratio, the shortcomings in governance and transparency highlight the need for improvement to enhance organizational integrity and stakeholder confidence.


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

Is Stony Brook Orthopaedic Associates University Faculty Practice Corporation legitimate?

Stony Brook Orthopaedic Associates University Faculty Practice Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Stony Brook Orthopaedic Associates University Faculty Practice Corporation 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: $3,532,512
Professional Fundraising Fees: $0
Other Salaries and Wages: $10,384,813

For more financial information, click here

What is the mission statement of Stony Brook Orthopaedic Associates University Faculty Practice Corporation?

Stony Brook Orthopaedic Associates University Facility Practice Corporation focuses on providing clinical education and supervision to medical students, interns, and residents in the field of Orthopaedics. In the process, they deliver professional services to patients. The organization is committed to preparing the next generation of healthcare professionals while simultaneously catering to the orthopaedic needs of patients. Through practical experience and guidance, they ensure the students and residents gain the necessary skills and knowledge to excel in their careers. This approach benefits both the future healthcare providers and the patients who receive their care.

Who is the CEO of Stony Brook Orthopaedic Associates University Faculty Practice Corporation?

James Penna is the President & Director of Stony Brook Orthopaedic Associates University Faculty Practice Corporation.

What is the revenue of Stony Brook Orthopaedic Associates University Faculty Practice Corporation?

Stony Brook Orthopaedic Associates University Faculty Practice Corporation's revenue in 2022 was $39,021,478.

Who are the executives of Stony Brook Orthopaedic Associates University Faculty Practice Corporation and what are their salaries?

The average compensation at Stony Brook Orthopaedic Associates University Faculty Practice Corporation during 2022 was $421,737. There are 33 employees at Stony Brook Orthopaedic Associates University Faculty Practice Corporation.


Here are 9 key members and their salaries:


James Nicholson (Director/Secretary/Treasurer)
  • Compensation: $1,332,368
  • Related: $182,602
  • Other: $81,347
Edward Wang (Orthopaedic Surgeon)
  • Compensation: $974,035
  • Related: $132,738
  • Other: $75,197
James Penna (President & Director)
  • Compensation: $964,923
  • Related: $135,238
  • Other: $75,305
James Barsi (Director)
  • Compensation: $1,125,780
  • Related: $0
  • Other: $36,276
Fazel Khan (Orthopaedic Surgeon)
  • Compensation: $1,089,752
  • Related: $0
  • Other: $36,276
Stephen Kottmeier (Orthopaedic Surgeon)
  • Compensation: $777,291
  • Related: $132,739
  • Other: $78,243
Matthew Berchuck (Orthopaedic Surgeon)
  • Compensation: $882,752
  • Related: $0
  • Other: $35,290
Nicholas Divaris (Orthopaedic Surgeon)
  • Compensation: $692,203
  • Related: $132,740
  • Other: $75,084
Lawrence Hurst (Former President (7/21))
  • Compensation: $384,951
  • Related: $0
  • Other: $13,701
Where can I find the form 990 for Stony Brook Orthopaedic Associates University Faculty Practice Corporation?

Stony Brook Orthopaedic Associates University Faculty Practice Corporation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Stony Brook Orthopaedic Associates University Faculty Practice Corporation

Stony Brook Orthopaedic Associates University Facility Practice Corporation, also known as SBOAUFPC, is dedicated to delivering clinical instruction and supervision to medical students, interns, and residents in the field of Orthopaedics. In the process, this esteemed organization renders professional services to patients in need.

Situated at the heart of the orthopaedic community, SBOAUFPC plays a pivotal role in shaping the next generation of healthcare professionals. By providing hands-on experience and expert guidance, the organization instills a solid foundation of knowledge and skills that will serve students and residents well throughout their careers. Through this unwavering commitment to education, SBOAUFPC is instrumental in fostering the growth of future orthopaedic specialists.

Moreover, SBOAUFPC's mission extends beyond academia. The organization puts its clinical expertise to work, offering professional services to patients seeking relief from orthopaedic conditions. With a team of highly skilled professionals, SBOAUFPC addresses various orthopaedic concerns, ensuring that patients receive the best possible care. This dual focus on education and patient care sets SBOAUFPC apart, making it a vital player in the healthcare landscape.

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Impact




October, 2024

Stony Brook Orthopaedic Associates University Faculty Practice Corporation significantly impacts the field of orthopaedics by delivering high-quality clinical services to patients while also fostering the next generation of healthcare professionals. By providing clinical instruction and supervision to medical school students, interns, and residents, the organization plays a vital role in shaping skilled practitioners in orthopaedics. This dual focus on patient care and medical education enhances the overall quality of healthcare in the Stony Brook community and beyond. The collaboration between experienced faculty and trainees not only improves clinical outcomes but also ensures that aspiring physicians acquire the essential skills and knowledge required to thrive in their future careers. Through its commitment to education and patient care, the organization contributes to advancements in medical practice and the ongoing development of healthcare standards.




This information is meant to be a general summary of Stony Brook Orthopaedic Associates University Faculty Practice Corporation. 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
$39,021,478 (2022)
Expenses
$41,377,587 (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: $38,934,286
  • Gross Receipts: $39,021,478

Assets and Liabilities:

  • Total Assets: $4,792,301
  • Total Liabilities: $4,792,301
  • 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 REVENUE

Revenue

$38,934,286

Organization Details

Founding Year

1982

Principal Officer

James Penna

Main Address

PO Box 1554, Stony Brook, NY, 11790

NTEE Category

Code: E20 - Health

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