Overview
What is Merrimack Valley Health Services Inc?
Merrimack Valley Health Services Inc, located at 600 Federal Street, Andover, MA 01810, is a nonprofit organization dedicated to promoting public health and wellbeing. Primarily, they offer health care services, including MRI scans, to the Merrimack Valley region and its surrounding areas. In Fiscal Year 2022, the organization conducted 10,450 MRI scans for the community. Their mission is to deliver health care services, aiming to enhance the general public's overall health and wellbeing.
Official website here: www.mvhs.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 74%, Two-Star out of Four Stars
Merrimack Valley Health Services Inc has received a Two-Star rating from Charity Navigator, reflecting a score of 74%. This rating is exclusively based on the accountability and finance beacon, indicating that the organization has met several key standards in financial oversight but has notable weaknesses in other areas. For instance, the organization operates with a high percentage of independent board members, demonstrating good governance practices.
Despite its strengths, the organization's financial health is concerning, particularly illustrated by a liabilities-to-assets ratio of 792.85%, which raises red flags regarding its fiscal stability. Additionally, while program expenses are entirely allocated to its mission, the absence of the tax form on its website may hinder transparency and accessibility for stakeholders.
Overall, while Merrimack Valley Health Services Inc showcases strong governance and fiscal oversight in certain areas, potential donors and supporters should be aware of the financial limitations and transparency issues highlighted in the rating.
This AI summary has been generated from information found on Charity Navigator.
Is Merrimack Valley Health Services Inc legitimate?
Merrimack Valley Health Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Merrimack Valley Health Services 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: $0
For more financial information, click here
Official website here: www.mvhs.org
What is the mission statement of Merrimack Valley Health Services Inc?
Merrimack Valley Health Services Inc's mission is centered around improving the health and well-being of the general public. They achieve this by delivering essential health care services. Specifically, the organization aims to extend these services to the Merrimack Valley and neighboring areas. In a given year, such as Fiscal Year 2022, Merrimack Valley Health Services Inc provided over 10,000 MRI scans to the community, demonstrating their commitment to providing diagnostic healthcare services.
Official website here: www.mvhs.org
Who is the CEO of Merrimack Valley Health Services Inc?
William Sullivan is the President & Ceo (End 5/23) of Merrimack Valley Health Services Inc. The CEO's salary of Merrimack Valley Health Services Inc is $0 and their total compensation is $226,483.
Official website here: www.mvhs.org
What is the revenue of Merrimack Valley Health Services Inc?
Merrimack Valley Health Services Inc's revenue in 2022 was $2,639,371.
Official website here: www.mvhs.org
Who are the executives of Merrimack Valley Health Services Inc and what are their salaries?
There 2 volunteers at Merrimack Valley Health Services Inc.
Here are 8 key members and their salaries (Merrimack Valley Health Services Inc's CEO's salary is $0 and their total compensation is $226,483):
- Compensation: $0
- Related: $866,633
- Other: $44,845
- Compensation: $0
- Related: $346,076
- Other: $29,723
- Compensation: $0
- Related: $311,840
- Other: $29,640
- Compensation: $0
- Related: $309,283
- Other: $23,285
- Compensation: $0
- Related: $227,216
- Other: $20,141
- Compensation: $0
- Related: $219,919
- Other: $6,564
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.mvhs.org
Where can I find the form 990 for Merrimack Valley Health Services Inc?
Merrimack Valley Health Services Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mvhs.org
Learn more at the official website: www.mvhs.org
Mission Statement of Merrimack Valley Health Services Inc
Merrimack Valley Health Services Inc, a nonprofit organization, is dedicated to promoting the health and well-being of the general public. They achieve this mission by delivering essential health care services to the Merrimack Valley and surrounding areas. The primary goal of this organization is to enhance the overall health and wellness of its community, ensuring that everyone has access to necessary medical care. In the fiscal year 2022, Merrimack Valley Health Services Inc provided 10,450 MRI scans to the community, demonstrating their commitment to providing comprehensive diagnostic services.
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Impact
October, 2024
Merrimack Valley Health Services Inc significantly enhances community health and well-being by offering essential healthcare services, particularly through its community diagnostic facility. The organization operates an MRI unit that provides vital imaging services to residents of Merrimack Valley and nearby areas. In Fiscal Year 2022 alone, it facilitated 10,450 MRI scans, reflecting its crucial role in supporting accurate diagnosis and effective treatment for various medical conditions. By prioritizing the delivery of quality healthcare services, Merrimack Valley Health Services Inc fosters improved health outcomes and accessibility for the general public in its region.
This information is meant to be a general summary of Merrimack Valley Health Services 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: $2,639,371
- Gross Receipts: $2,639,371
Assets and Liabilities:
- Total Assets: $784,000
- Total Liabilities: $6,216,000
- Net Assets: -$5,432,000
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MRI NET PATIENT SERVICE REVENUE
Revenue
$2,639,371
Organization Details
Founding Year
1984
Phone
(978) 683-4000Principal Officer
William Sullivan
Main Address
600 Federal Street, Andover, MA, 01810
Website
www.mvhs.orgNTEE Category
Code: E30 - Health
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