Overview
What is Health Management Group Ltd?
Health Management Group Ltd is a nonprofit organization based in Getzville, New York, with a workforce of 104 employees. They specialize in providing administrative services to their affiliated non-profit organizations, Horizon Health Services, Inc., and Horizon Village, Inc. This includes fiscal executive, quality improvement, personnel management, facility development and management, contract development, and corporate compliance services. The organization reported program expenses totaling $4,022,347 and administrative expenses amounting to $7,525,427 during the year ended 2022.
Official website here: www.horizon-health.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: One-Star out of Four Stars (56%)
Health Management Group Ltd received a low rating of 56% from Charity Navigator, indicating significant concerns regarding its financial health and program efficiency. While the organization boasts a fully independent board and strong oversight mechanisms, its program expense ratio and liabilities to assets ratio reveal potential weaknesses in resource allocation and financial stability.
The organization has implemented several sound governance practices, such as a whistleblower policy, conflict of interest policy, and comprehensive documentation of board meeting minutes, which contribute positively to its accountability framework. However, the absence of its tax form on the nonprofit's website and a disappointing program expense ratio suggest that it may not be utilizing funds effectively to advance its mission.
Overall, while Health Management Group Ltd demonstrates strong governance and accountability, the financial metrics raise red flags about its operational effectiveness. Stakeholders may want to consider these factors when assessing the organization's impact and sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Health Management Group Ltd legitimate?
Health Management Group Ltd is a legitimate nonprofit organization registered as a 501(c)(3) entity. Health Management Group Ltd 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: $572,047
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,825,428
For more financial information, click here
Official website here: www.horizon-health.org
What is the mission statement of Health Management Group Ltd?
Health Management Group Ltd supports the administrative needs of related not-for-profit organizations. Their services include fiscal executive management, quality improvement, personnel management, facility development and management, contract development, and corporate compliance. They provide these services to Horizon Health Services, Inc. and Horizon Village, Inc. In the fiscal year 2022, they had program expenses totaling $4,022,347 and administrative expenses totaling $7,525,427.
Official website here: www.horizon-health.org
What is the revenue of Health Management Group Ltd?
Health Management Group Ltd's revenue in 2023 was $10,493,306.
Official website here: www.horizon-health.org
Who are the executives of Health Management Group Ltd and what are their salaries?
The average compensation at Health Management Group Ltd during 2023 was $57,635. There are 111 employees and 9 volunteers at Health Management Group Ltd.
Here are 16 key members and their salaries:
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- Compensation: $346,130
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- Other: $32,847
- Compensation: $182,445
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- Other: $10,624
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- Related: $269,922
- Other: $36,329
- Compensation: $241,642
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- Other: $15,880
- Compensation: $0
- Related: $191,808
- Other: $15,530
- Compensation: $188,468
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- Other: $15,233
- Compensation: $171,932
- Related: $0
- Other: $23,590
Official website here: www.horizon-health.org
Where can I find the form 990 for Health Management Group Ltd?
Health Management Group Ltd's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.horizon-health.org
Learn more at the official website: www.horizon-health.org
Mission Statement of Health Management Group Ltd
Health Management Group, Ltd., a vital support system, offers administrative services to its affiliated not-for-profit organizations, Horizon Health Services, Inc., and Horizon Village, Inc. This unwavering commitment encompasses fiscal executive management, quality improvement, personnel management, facility development and management, contract development, and corporate compliance. By providing these services, Health Management Group, Ltd. ensures the smooth operation and success of its non-profit partners. In the fiscal year ending 2022, the company reported program expenses of $4,022,347 and administrative expenses of $7,525,427 for these organizations.
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Impact
October, 2024
Health Management Group Ltd significantly influences the operational efficiency and effectiveness of its affiliated organizations, primarily Horizon Health Services, Inc. and Horizon Village, Inc. By delivering comprehensive administrative services, including fiscal management, quality improvement, personnel management, facility development, contract development, and corporate compliance, Health Management Group ensures that these organizations can focus on their core mission of providing health and support services to the community.
In 2022, the group handled over $4 million in program-related expenditures, demonstrating a strong commitment to supporting its affiliates in delivering impactful health programs. Additionally, with administrative expenses of approximately $7.5 million, Health Management Group plays a vital role in maintaining a robust operational backbone, allowing Horizon Health Services and Horizon Village to effectively deploy resources where they are most needed.
Overall, Health Management Group Ltd's administrative expertise not only enhances the governance and compliance of related organizations but also contributes to their ability to improve service delivery, making a significant positive impact on the health and well-being of the communities they serve.
This information is meant to be a general summary of Health Management Group Ltd. 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.
- Investment Income: $170,387
- Gross Receipts: $10,562,253
Assets and Liabilities:
- Total Assets: $7,567,427
- Total Liabilities: $1,360,661
- Net Assets: $6,206,766
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Organization Details
Founding Year
1991
Principal Officer
Erin Digirolamo
Website
www.horizon-health.orgNTEE Category
Code: T99Z - Philanthropy
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