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Physician Health Services Inc

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

EIN: 223234975 ✦ Waltham, MA ✦ Designated as a 501(c)(3)

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Overview

What is Physician Health Services Inc?

Physician Health Services Inc is a nonprofit organization located in Waltham, Massachusetts, with 17 employees. Their primary mission is to offer outreach support and monitoring services to Massachusetts-based physicians, addressing potential health issues, particularly concerning substance abuse and mental health disorders. They provide personalized assessments, consultative support services, and behavioral and occupational health monitoring to assist doctors and medical students in need, ultimately aiming to support the well-being and professional growth of the healthcare community.


Official website here: www.physicianhealth.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 96%, Four-Star out of Four Star rating.

Physician Health Services Inc has received a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. With a high score of 96%, the organization demonstrates excellent financial health, with a notably low liabilities to assets ratio of 4.32% and a program expense ratio of 74.63%, which indicates a significant portion of its funds are directed towards its mission.

The organization has a robust governance structure, with 88% of its board members being independent. It adheres to best practices in transparency, having established policies related to conflicts of interest and whistleblowing. Furthermore, it maintains thorough documentation of board meeting minutes and has a strong audit and oversight committee, showcasing its commitment to responsible management and oversight of its resources.

While the data reflects a well-managed organization, potential donors should consider the specific programs and impact of Physician Health Services Inc to ensure alignment with their philanthropic goals. Overall, the strong financial metrics and governance structure position this nonprofit as a reliable option for support.


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

Is Physician Health Services Inc legitimate?

Physician Health Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Physician 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: $577,747
Professional Fundraising Fees: $0
Other Salaries and Wages: $860,019

For more financial information, click here


Official website here: www.physicianhealth.org

What is the mission statement of Physician Health Services Inc?

Physician Health Services Inc aims to offer outreach support and monitoring services to medical professionals, primarily addressing substance abuse and mental health disorders. Their mission is to assist Massachusetts-based physicians and medical students, providing them with personalized assessments, consultative support services, and ongoing behavioral and occupational health monitoring. This non-profit organization seeks to help medical professionals who may be struggling with health care issues, ensuring they receive the necessary support to maintain their well-being and continue their important work in the medical field.


Official website here: www.physicianhealth.org

What is the revenue of Physician Health Services Inc?

Physician Health Services Inc's revenue in 2024 was $1,588,371.


Official website here: www.physicianhealth.org

Who are the executives of Physician Health Services Inc and what are their salaries?

The average compensation at Physician Health Services Inc during 2024 was $89,860. There are 16 employees and 10 volunteers at Physician Health Services Inc.

Here are 15 key members and their salaries:


Lois Dehls Cornell Esq (Director)
  • Compensation: $0
  • Related: $594,055
  • Other: $64,125
Patrick Aquino Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ronald E Burt Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deborah Demarco Md Facp (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Hopkins Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Glenn Pransky Md (President/Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Tosi Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amanda Von Horn Md (Clerk (Cy24))
  • Compensation: $0
  • Related: $0
  • Other: $0
John Herman Md (Clerk (Cy23))
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan L Montminy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Luke Sato Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christine Bidonde (Treasurer)
  • Compensation: $0
  • Related: $212,240
  • Other: $56,021
Mark Albanese Md (Medical Director)
  • Compensation: $228,904
  • Related: $0
  • Other: $59,749
Paul G Simeone Phd Mabeg 42023 (Executive Director)
  • Compensation: $117,649
  • Related: $0
  • Other: $19,298
Debra A Grossbaum (Former Clerk)
  • Compensation: $123,239
  • Related: $0
  • Other: $46,088


Official website here: www.physicianhealth.org

Where can I find the form 990 for Physician Health Services Inc?

Physician Health Services Inc's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.physicianhealth.org

Learn more at the official website: www.physicianhealth.org

Mission Statement of Physician Health Services Inc

Physician Health Services Inc, a nonprofit organization, focuses on providing outreach support and monitoring services to Massachusetts physicians who may be dealing with health issues, particularly substance abuse and mental health disorders. Their mission is to help these medical professionals regain control of their lives and maintain their ability to practice medicine.

Through personalized assessments, consultative support services, and behavioral and occupational health monitoring, Physician Health Services Inc offers a comprehensive approach to addressing the unique challenges faced by physicians and medical students. Their services are designed to support these individuals in overcoming their health issues and returning to their professional duties in a safe and effective manner.

In essence, Physician Health Services Inc serves as a safeguard for the medical community, ensuring that physicians who may be struggling with health problems can receive the help they need to continue providing quality care to their patients. By offering tailored support and monitoring services, the organization plays a crucial role in protecting the wellbeing of both patients and healthcare providers.

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Impact




June, 2024

Physician Health Services Inc's impact is substantial, as it provides personalized assessments, consultative support services, and monitoring to physicians and medical students who are dealing with or at risk of health care problems, particularly related to substance abuse and mental health disorders. Through their outreach support and monitoring services, they have helped numerous individuals in Massachusetts to address these challenging issues and receive the necessary assistance to improve their well-being. Their work plays a crucial role in supporting the mental health and overall wellness of healthcare professionals, ultimately benefiting not only the individuals themselves but also the patients under their care.




This information is meant to be a general summary of Physician 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.

Revenue
$1,588,371 (2024)
Expenses
$1,873,493 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $132,460
  • Program Service Revenue: $5,500
  • Gross Receipts: $1,881,697

Assets and Liabilities:

  • Total Assets: $3,570,962
  • Total Liabilities: $140,399
  • Net Assets: $3,430,563

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Programs

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

EDUCATIONAL FORUM

Revenue

$5,500

Organization Details

Founding Year

1993

Principal Officer

Bara Litman-Pike

NTEE Category

Code: F22Z - Mental health

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