Overview
What is Medical Associates Of Erie?
Medical Associates of Erie is a nonprofit organization based in Erie, Pennsylvania. They serve the community by providing healthcare to predominantly low-income patients as part of an integrated delivery system. Their mission aligns with Lake Erie College of Osteopathic Medicine, offering a teaching environment for physicians, residents, interns, and fellows. In the year ended June 30, 2022, they recorded approximately 46,573 patient visits. The organization employs a team of 163 individuals to fulfill their mission and serve the community effectively.
Official website here: www.maerie.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 53% (One-Star out of Four Stars)
Medical Associates Of Erie has received a low rating of 53% from Charity Navigator, which indicates significant concerns regarding their accountability and financial practices. The score reflects a lack of independent board members and transparency in their financial statements, key areas that contribute to effective governance. While the organization has shown some strengths in areas like conflict of interest and whistleblower policies, the overall rating suggests substantial room for improvement in their operational integrity.
Despite having a reasonable program expense ratio of 68.75%, which suggests that a significant portion of their budget is directed towards their programs, the low performance in accountability metrics raises questions about their financial management and organizational governance. The presence of material diversion of assets is noted as a positive aspect, indicating that they have not mismanaged resources, but other financial indicators, such as their liabilities to assets ratio, suggest potential financial instability.
Overall, the nonprofit seems to face critical challenges in governance practices and transparency that could impact its effectiveness and trustworthiness. Stakeholders and potential donors should consider these factors carefully when evaluating their support for the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Medical Associates Of Erie legitimate?
Medical Associates Of Erie is a legitimate nonprofit organization registered as a 501(c)(3) entity. Medical Associates Of Erie 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: $1,480,707
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,928,223
For more financial information, click here
Official website here: www.maerie.org
What is the mission statement of Medical Associates Of Erie?
Medical Associates of Erie is dedicated to serving the community by providing healthcare services to predominantly low-income patients. They are an integral part of a delivery system that aims to address the health needs of this population. In addition to their clinical mission, they offer a teaching environment for physicians, residents, interns, and fellows from Lake Erie College of Osteopathic Medicine. Through their work, they provided healthcare to approximately 46,573 patients in the year ending June 30, 2022. Their commitment extends beyond medical care, as they strive to make a positive impact on the community's overall wellbeing.
Official website here: www.maerie.org
Who is the CEO of Medical Associates Of Erie?
Steven G Inman Cpa Cgm is the Principal Officer of Medical Associates Of Erie.
Official website here: www.maerie.org
What is the revenue of Medical Associates Of Erie?
Medical Associates Of Erie's revenue in 2022 was $17,200,515.
Official website here: www.maerie.org
Who are the executives of Medical Associates Of Erie and what are their salaries?
The average compensation at Medical Associates Of Erie during 2022 was $57,723. There are 163 employees and 1 volunteer at Medical Associates Of Erie.
Here are 14 key members and their salaries:
- Compensation: $0
- Related: $1,113,801
- Other: $29,239
- Compensation: $0
- Related: $664,228
- Other: $24,263
- Compensation: $0
- Related: $316,961
- Other: $34,354
- Compensation: $531,946
- Related: $53,629
- Other: $39,929
- Compensation: $182,417
- Related: $0
- Other: $31,558
- Compensation: $312,429
- Related: $0
- Other: $41,416
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $285,044
- Other: $29,818
- Compensation: $0
- Related: $1,381,070
- Other: $29,114
- Compensation: $492,982
- Related: $0
- Other: $23,968
- Compensation: $501,580
- Related: $0
- Other: $39,929
- Compensation: $537,563
- Related: $0
- Other: $39,253
- Compensation: $451,818
- Related: $0
- Other: $37,827
- Compensation: $475,834
- Related: $0
- Other: $37,940
Official website here: www.maerie.org
Where can I find the form 990 for Medical Associates Of Erie?
Medical Associates Of Erie's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.maerie.org
Learn more at the official website: www.maerie.org
Mission Statement of Medical Associates Of Erie
Medical Associates of Erie, a notable organization, is committed to serving the community by delivering a comprehensive healthcare system to predominantly low-income patients. In unison with this mission, the institution functions as a teaching environment for Lake Erie College of Osteopathic Medicine, catering to the education of physicians, residents, interns, and fellows.
Through its integrated delivery system, Medical Associates of Erie extends essential healthcare services to a significant number of underprivileged individuals. The organization recorded a total of approximately 46,573 patient visits between July 1, 2021, and June 30, 2022. These figures underscore the organization's dedication to providing access to healthcare for those in need. By offering a wide range of services, Medical Associates of Erie ensures that patients receive holistic and comprehensive care, ensuring that they are able to live healthy lives.
The team at Medical Associates of Erie goes above and beyond to cater to the community it serves. By combining its clinical expertise with a teaching environment, the organization not only addresses the healthcare needs of its patients but also contributes to the professional development of the next generation of healthcare professionals. This dual commitment to community service and education sets Medical Associates of Erie apart as a valuable asset in the healthcare landscape.
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Impact
October, 2024
Medical Associates Of Erie plays a crucial role in enhancing healthcare access for predominantly low-income patients in the Erie community. By serving over 46,500 patient visits in a year, they integrate health services within their local healthcare system, ensuring that essential medical care is available to those who need it most.
In addition to providing vital health services, they also foster a teaching environment for future medical professionals by collaborating with the Lake Erie College of Osteopathic Medicine. This dual focus on patient care and medical education not only addresses immediate healthcare needs but also contributes to the long-term improvement of health outcomes in the community by training the next generation of healthcare providers. Their dedication to underserved populations ensures that quality healthcare is accessible, ultimately promoting better health and well-being in the Erie area.
This information is meant to be a general summary of Medical Associates Of Erie. 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: $3,503
- Program Service Revenue: $7,223,898
- Gross Receipts: $17,200,515
Assets and Liabilities:
- Total Assets: $11,469,973
- Total Liabilities: $6,097,069
- Net Assets: $5,372,904
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NET PATIENT SERVICE REVENUE
Revenue
$7,223,898
Organization Details
Founding Year
2004
Phone
(814) 868-2501Principal Officer
Steven G Inman Cpa Cgm
Main Address
ONE LECOM PLACE, ERIE, PA, 16505
Website
www.maerie.orgNTEE Category
Code: E30 - Health
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