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The Empire State Medical Scientific & Education Foundation Inc

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

EIN: 131939109 ✦ Camillus, NY ✦ Designated as a 501(c)(3)

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Overview

What is The Empire State Medical Scientific & Education Foundation Inc?

The Empire State Medical Scientific & Education Foundation Inc is a charitable organization, headquartered unspecified, that specializes in offering high-quality medical review services and DRG/coding validation to multiple tiers of healthcare providers and payors. By doing so, they contribute to enhancing the overall quality and accuracy of healthcare delivery and reimbursement processes. Their mission is centered around promoting medical excellence and ensuring fairness in healthcare billing. Their primary focus is on medical peer review, a process that involves assessing the clinical appropriateness of medical treatments or procedures. This nonprofit organization plays a crucial role in maintaining the integrity of the healthcare system by ensuring that proper medical procedures are carried out and accurately billed, thereby improving patient care and financial efficiency.


Official website here: www.esmsef.com

What are the reviews and ratings of this charity?

96% rating from Charity Navigator

The Empire State Medical Scientific & Education Foundation Inc has earned an impressive Four-Star out of Four Star rating from Charity Navigator, emphasizing its strong performance in accountability and finance. The organization's overall score reflects a commitment to transparency and responsible financial management, with a notable 96% score in Accountability & Finance.

One of the key strengths highlighted in the data is the foundation's governance structure, featuring a majority of independent board members, which enhances its integrity and decision-making processes. The organization has also established comprehensive policies, including conflict of interest and whistleblower policies, which contribute to its sound operational practices. Additionally, the foundation demonstrates effective financial health, with a low liabilities-to-assets ratio and a significant portion of its expenses directed toward programs.

While the data does not indicate any major limitations, the strong focus on accountability and leadership suggests that the foundation is well-positioned to further its mission and maintain donor trust. Overall, the Empire State Medical Scientific & Education Foundation Inc stands out as a highly rated nonprofit committed to ethical practices and effective use of resources.


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

Is The Empire State Medical Scientific & Education Foundation Inc legitimate?

The Empire State Medical Scientific & Education Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Empire State Medical Scientific & Education Foundation 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: $504,545
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,431,996

For more financial information, click here


Official website here: www.esmsef.com

What is the mission statement of The Empire State Medical Scientific & Education Foundation Inc?

The Empire State Medical Scientific & Education Foundation Inc is a non-profit organization dedicated to offering high-quality medical review services and DRG/coding validation to providers and payors across various levels of care. Their mission is centered around ensuring medical accuracy and financial efficiency in the healthcare system through their peer-review process. The foundation aims to support providers and payors in maintaining compliance with healthcare standards, ultimately improving patient care and outcomes.


Official website here: www.esmsef.com

What is the revenue of The Empire State Medical Scientific & Education Foundation Inc?

The Empire State Medical Scientific & Education Foundation Inc's revenue in 2023 was $7,969,654.


Official website here: www.esmsef.com

Who are the executives of The Empire State Medical Scientific & Education Foundation Inc and what are their salaries?

The average compensation at The Empire State Medical Scientific & Education Foundation Inc during 2023 was $57,051. There are 69 employees at The Empire State Medical Scientific & Education Foundation Inc.

Here are 14 key members and their salaries:


Leah Mccormack Md (Board President)
  • Compensation: $2,100
  • Related: $0
  • Other: $0
John Fulco Md (Board Vice President)
  • Compensation: $2,100
  • Related: $0
  • Other: $0
Louis Auguste Md (Board Treasurer)
  • Compensation: $2,100
  • Related: $0
  • Other: $0
Robert Hughes Md (Board Secretary)
  • Compensation: $2,100
  • Related: $0
  • Other: $0
Edward Tanner Md (Director)
  • Compensation: $600
  • Related: $0
  • Other: $0
Joseph Maldonado Md (Director)
  • Compensation: $2,100
  • Related: $0
  • Other: $0
Kira Geraci-Ciardullo Md (Director)
  • Compensation: $1,200
  • Related: $0
  • Other: $0
Parag Mehta Md (Director)
  • Compensation: $2,100
  • Related: $0
  • Other: $0
Natalie Adler Md (Director)
  • Compensation: $600
  • Related: $0
  • Other: $0
Robert Frankel Md (Director)
  • Compensation: $1,200
  • Related: $0
  • Other: $0
Thomas Lee Md (Director)
  • Compensation: $1,800
  • Related: $0
  • Other: $0
Frances Scott (Executive Vice President)
  • Compensation: $198,020
  • Related: $0
  • Other: $0
Roberta Bocker (Chief Operating Officer -)
  • Compensation: $164,481
  • Related: $0
  • Other: $0
Anna M Georgiadis (Senior Registered Nurse)
  • Compensation: $124,044
  • Related: $0
  • Other: $0


Official website here: www.esmsef.com

Where can I find the form 990 for The Empire State Medical Scientific & Education Foundation Inc?

The Empire State Medical Scientific & Education Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.esmsef.com

Learn more at the official website: www.esmsef.com

Mission Statement of The Empire State Medical Scientific & Education Foundation Inc

The Empire State Medical Scientific & Education Foundation, as a not-for-profit organization, is committed to delivering high-quality medical review services and DRG/coding validation. This foundation serves both healthcare providers and payors at various levels of care, aiming to ensure the provision of accurate and appropriate medical care. By offering these services, the Empire State Medical Scientific & Education Foundation plays a crucial role in promoting accountability and efficiency in the healthcare sector.

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Impact




July, 2024

The Empire State Medical Scientific & Education Foundation Inc's impact lies in providing quality medical review services and DRG/coding validation to providers and payors at all levels of care. Through their focus on medical peer review, they play a crucial role in ensuring the accuracy and efficiency of healthcare services. Their work contributes to maintaining high standards in the medical field, ultimately benefiting patients by facilitating better outcomes and smoother processes in healthcare delivery.




This information is meant to be a general summary of The Empire State Medical Scientific & Education Foundation 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
$7,969,654 (2023)
Expenses
$7,514,082 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $141,809
  • Program Service Revenue: $7,824,450
  • Gross Receipts: $7,969,654

Assets and Liabilities:

  • Total Assets: $9,512,498
  • Total Liabilities: $3,398,344
  • Net Assets: $6,114,154

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Programs

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

DRA FEES

Revenue

$6,513,890

IPRO MEDICAID CONTRACT

Revenue

$1,310,560

Organization Details

Founding Year

1960

Principal Officer

Frances Scott

NTEE Category

Code: G00D - Disease

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