Overview
What is University At Buffalo Otolaryngology Inc?
University at Buffalo Otolaryngology Inc, based in Buffalo, New York, serves as a supportive entity for the Otolaryngology department at the State University of New York at Buffalo. Its primary mission is to enhance the delivery of healthcare, encourage clinical research, optimize resources, recruit and retain faculty, and foster personal growth within the department. The organization aims to provide financial backing for the department's development and growth, expand its practice, and support its research and academic mission. With a dedicated workforce of 19 individuals, University at Buffalo Otolaryngology Inc is committed to offering otolaryngology treatment, education, and research for the Western New York community.
Official website here: www.ubmd.com
What are the reviews and ratings of this charity?
Charity Navigator rating: 69%, Two-Star out of Four Star rating.
University At Buffalo Otolaryngology Inc has received a Two-Star rating, indicating some concerns regarding its accountability and financial practices. While the organization has a solid program expense ratio of 94%, suggesting that a significant portion of its funds is directed toward its mission, it has notable weaknesses in board independence and oversight. The lack of independent board members raises questions about governance and transparency.
The organization demonstrates good practices in areas such as conflict of interest and whistleblower policies, with full scores in those categories. However, the absence of independent board members and the missing tax form on their website are critical areas where improvement is needed. The liabilities to assets ratio of 66.51% reflects some financial risk, suggesting that the organization may need to address its financial health.
In summary, while University At Buffalo Otolaryngology Inc shows commitment to its programmatic goals, it faces challenges in governance and financial stability that could impact its overall effectiveness and trustworthiness as a nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is University At Buffalo Otolaryngology Inc legitimate?
University At Buffalo Otolaryngology Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. University At Buffalo Otolaryngology 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: $2,168,475
Professional Fundraising Fees: $0
Other Salaries and Wages: $630,654
For more financial information, click here
Official website here: www.ubmd.com
What is the mission statement of University At Buffalo Otolaryngology Inc?
University At Buffalo Otolaryngology Inc's mission is primarily focused on supporting the faculty of the Department of Otolaryngology at the State University of New York at Buffalo, encouraging research and clinical programs, recruiting and retaining teaching physicians, and fostering the personal growth and professional development of its faculty. The organization also aims to provide financial support for the department's development and growth, and to offer otolaryngology treatment, education, and research services to the Western New York community. In practice, this translates into providing medical and surgical care to a large number of patients in the region.
Official website here: www.ubmd.com
Who is the CEO of University At Buffalo Otolaryngology Inc?
David Sherris Md is the President of University At Buffalo Otolaryngology Inc.
Official website here: www.ubmd.com
What is the revenue of University At Buffalo Otolaryngology Inc?
University At Buffalo Otolaryngology Inc's revenue in 2022 was $4,888,974.
Official website here: www.ubmd.com
Who are the executives of University At Buffalo Otolaryngology Inc and what are their salaries?
The average compensation at University At Buffalo Otolaryngology Inc during 2022 was $147,323. There are 19 employees at University At Buffalo Otolaryngology Inc.
Here are 5 key members and their salaries:
- Compensation: $1,103,975
- Related: $0
- Other: $58,000
- Compensation: $332,500
- Related: $0
- Other: $58,000
- Compensation: $474,500
- Related: $0
- Other: $56,200
- Compensation: $257,500
- Related: $0
- Other: $0
- Compensation: $249,500
- Related: $0
- Other: $40,831
Official website here: www.ubmd.com
Where can I find the form 990 for University At Buffalo Otolaryngology Inc?
University At Buffalo Otolaryngology Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ubmd.com
Learn more at the official website: www.ubmd.com
Mission Statement of University At Buffalo Otolaryngology Inc
University at Buffalo Otolaryngology Inc, a nonprofit organization, is dedicated to supporting the faculty of the Department of Otolaryngology at the State University of New York at Buffalo, Jacob Javits School of Medicine and Biomedical Sciences. Its primary mission is to enhance the delivery of healthcare, improve faculty research capabilities, maximize resources for academic, research, and clinical programs, recruit and retain skilled teaching physicians, and foster the personal growth and professional development of the faculty. Apart from this, the organization aims to provide financial support for the growth and development of the Department of Otolaryngology, cover the expenses of practice, and support the research and academic mission of the department. In essence, University at Buffalo Otolaryngology Inc's mission is to provide otolaryngology treatment, education, and research for the Western New York community. It does so by treating a large number of patients in the region with both medical and surgical care.
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Impact
October, 2024
University At Buffalo Otolaryngology Inc significantly impacts the Western New York community through its dedicated efforts in patient care, education, and research in the field of otolaryngology. By providing comprehensive medical and surgical care to a large number of patients, it enhances access to specialized health services that are crucial for treating conditions affecting the ear, nose, and throat.
In addition to direct patient care, the organization plays a vital role in fostering the academic and professional growth of the faculty at the Jacobs School of Medicine and Biomedical Sciences. By supporting clinical research initiatives and enhancing faculty resources, it helps advance medical knowledge and treatment methodologies. The recruitment and retention of skilled teaching physicians further strengthen the department's capacity to provide high-quality education and innovative care.
Moreover, University At Buffalo Otolaryngology Inc ensures that its mission to provide exceptional otolaryngology treatment is accompanied by a commitment to patient education, empowering individuals in the community with knowledge about their health. Through these multifaceted contributions, it not only addresses immediate healthcare needs but also invests in the long-term development of medical education and research, ultimately leading to improved health outcomes in the region.
This information is meant to be a general summary of University At Buffalo Otolaryngology 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $4,854,399
- Gross Receipts: $4,888,974
Assets and Liabilities:
- Total Assets: $1,516,711
- Total Liabilities: $1,008,868
- Net Assets: $507,843
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEE FOR SERVICE
Revenue
$4,233,650
CONTRACT REVENUE
Revenue
$325,077
GRADUATE MEDICAL EDUCA
Revenue
$295,672
Organization Details
Founding Year
2003
Phone
(716) 884-5102Principal Officer
David Sherris Md
Main Address
1237 DELAWARE AVENUE, BUFFALO, NY, 14209
Website
www.ubmd.comNTEE Category
Code: B40 - Education
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