Overview
What is Appalachian Regional Medical Associates Inc?
Appalachian Regional Medical Associates (ARMA) is a hospital-owned practice management company based in Boone, North Carolina. With a mission to promote community health, ARMA provides access to a range of healthcare services for the residents of Watauga, Avery, and Ashe counties and surrounding areas. Their offerings include primary care, cardiology, orthopedics, OB/GYN, general surgery, urology, rheumatology, pulmonology, and urgent care. ARMA further supports the healthcare system by offering administrative services, electronic medical records systems, physician recruitment, and physician office management services.
Official website here: www.apprhs.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 66%, earning a Two-Star out of Four Star rating
Appalachian Regional Medical Associates Inc has received a Two-Star rating from Charity Navigator, indicating areas for improvement in its accountability and financial practices. While the organization demonstrates a high program expense ratio of 92.5%, reflecting a strong focus on program delivery, there are significant concerns regarding its governance structure, particularly the low percentage of independent board members.
The nonprofit's accountability metrics show that it has established policies for conflict of interest, whistleblowing, and document retention, which are all positive indicators of governance. However, the board's independence is notably weak, with only 28% of its members being independent. Additionally, the organization has not posted its tax forms on its website, which could hinder transparency efforts.
Financially, while the organization does not report material diversion of assets, it has a concerning liabilities-to-assets ratio of 321.33%, suggesting potential financial instability. Overall, while Appalachian Regional Medical Associates Inc shows strengths in program spending and governance policies, its financial health and board independence require attention for improvement.
This AI summary has been generated from information found on Charity Navigator.
Is Appalachian Regional Medical Associates Inc legitimate?
Appalachian Regional Medical Associates Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Appalachian Regional Medical Associates 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $26,058,033
For more financial information, click here
Official website here: www.apprhs.org
What is the mission statement of Appalachian Regional Medical Associates Inc?
Appalachian Regional Medical Associates (ARMA) is dedicated to promoting community health by offering healthcare services to the citizens and residents of North Carolina and surrounding areas. The mission of ARMA is to provide primary care and a range of specialties to meet the needs of the community. These specialties include cardiology, orthopedics, OB/GYN, general surgery, urology, rheumatology, pulmonology, and urgent care. In addition to healthcare services, ARMA offers administrative support, electronic medical records systems, physician recruitment, and office management services. ARMA's efforts aim to ensure that residents have access to comprehensive healthcare solutions.
Official website here: www.apprhs.org
Who is the CEO of Appalachian Regional Medical Associates Inc?
Charles Mantooth is the Ceo/Chair of Appalachian Regional Medical Associates Inc. The CEO's salary of Appalachian Regional Medical Associates Inc is $0 and their total compensation is $721,844.
Official website here: www.apprhs.org
What is the revenue of Appalachian Regional Medical Associates Inc?
Appalachian Regional Medical Associates Inc's revenue in 2022 was $31,162,009.
Official website here: www.apprhs.org
Who are the executives of Appalachian Regional Medical Associates Inc and what are their salaries?
Here are 10 key members and their salaries (Appalachian Regional Medical Associates Inc's CEO's salary is $0 and their total compensation is $721,844):
- Compensation: $0
- Related: $637,139
- Other: $84,705
- Compensation: $0
- Related: $431,190
- Other: $58,689
- Compensation: $0
- Related: $320,966
- Other: $40,900
- Compensation: $0
- Related: $189,299
- Other: $17,567
- Compensation: $0
- Related: $176,737
- Other: $23,216
- Compensation: $0
- Related: $136,582
- Other: $23,206
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.apprhs.org
Where can I find the form 990 for Appalachian Regional Medical Associates Inc?
Appalachian Regional Medical Associates Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.apprhs.org
Learn more at the official website: www.apprhs.org
Mission Statement of Appalachian Regional Medical Associates Inc
Appalachian Regional Medical Associates (ARMA), a hospital-owned practice management company, is dedicated to enhancing community health by delivering essential healthcare services to the citizens and residents of Watauga, Avery, and surrounding counties in North Carolina. By offering a comprehensive range of primary care and various specialties, ARMA caters to the diverse healthcare needs of the area. These specialized services include cardiology, orthopedics, ob/gyn, general surgery, urology, rheumatology, pulmonology, and urgent care.
Beyond providing healthcare services, ARMA also extends its reach through administrative services, electronic medical records systems, physician recruitment, and office management services. The organization's commitment to community health is evident in its efforts to ensure that the residents of Watauga and Avery Counties have access to reliable and efficient healthcare solutions. ARMA's mission is to make a positive impact on the lives of those it serves, fostering a healthier and thriving community.
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Impact
October, 2024
Appalachian Regional Medical Associates Inc (ARMA) significantly enhances healthcare access and quality for residents in Watauga, Avery, and Ashe Counties in North Carolina, along with surrounding areas. By offering a comprehensive range of medical services, including primary care and various specialties such as cardiology, orthopaedics, OB/GYN, general surgery, urology, rheumatology, pulmonology, and urgent care, ARMA meets diverse health needs within the community.
Moreover, ARMA plays a crucial role in promoting community health by not only providing direct patient care but also delivering essential administrative services. This includes supporting practices with electronic medical record systems, physician recruitment, and office management. These efforts help maintain a well-functioning healthcare system that ensures timely and efficient access to vital medical services. Through its holistic approach, ARMA contributes to the overall well-being of the population it serves and fosters a healthier community.
This information is meant to be a general summary of Appalachian Regional Medical Associates 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.
- Investment Income: $12,463
- Program Service Revenue: $29,041,056
- Gross Receipts: $31,162,009
Assets and Liabilities:
- Total Assets: $13,449,032
- Total Liabilities: $43,218,351
- Net Assets: -$29,769,319
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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
$29,041,056
Organization Details
Founding Year
2006
Phone
(828) 262-4100Principal Officer
Charles Mantooth
Main Address
P O BOX 2600, BOONE, NC, 286072600
Website
www.apprhs.orgNTEE Category
Code: E30 - Health
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