Overview
What is University Medical Service Association Inc?
University Medical Service Association Inc, based in Tampa, Florida, is a significant nonprofit organization that supports the University of South Florida's College of Medicine. During the fiscal year ending June 30, 2021, UMSA provided funds to aid in medical education and research for the college, benefiting approximately 497 faculty and 612 clinical support staff across 17 clinical departments. The mission of UMSA is to bolster the University of South Florida's College of Medicine, fostering progress in both research and education. The organization boasts a workforce of 1,434 employees committed to enhancing healthcare and knowledge within their community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (74%)
The University Medical Service Association Inc has received a two-star rating from Charity Navigator, indicating areas that require significant attention. The organization has demonstrated strong accountability and finance practices, scoring a perfect 100% in this category. However, the lack of independent board members and insufficient oversight regarding the public availability of financial documents are notable weaknesses that affect its overall rating.
Strengths include a high program expense ratio of 68.67%, which suggests that the majority of its funds are directed towards its mission-related programs. The organization also maintains robust policies in areas such as conflict of interest and whistleblower protections, scoring full points in these categories. This reflects a commitment to ethical governance and transparency in some aspects.
Despite these positives, the absence of a majority of independent board members and the failure to adequately post financial documents on its website raise concerns about its governance structure. These limitations may affect stakeholder trust and could hinder the organization's ability to attract further support and resources. Overall, while there are commendable practices in place, critical improvements are necessary for the University Medical Service Association Inc to enhance its standing and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is University Medical Service Association Inc legitimate?
University Medical Service Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. University Medical Service Association 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: $78,329,898
For more financial information, click here
What is the mission statement of University Medical Service Association Inc?
University Medical Service Association Inc supports the University of South Florida's College of Medicine by funding research and education. Its mission is to contribute to the College of Medicine, facilitating the work of approximately 497 faculty and 612 clinical support staff in 17 clinical departments. Through financial contributions, UMSA enables the progress of medical research and education, ultimately benefiting the medical community.
Who is the CEO of University Medical Service Association Inc?
Alisha Ozmeral is the Board Chair of University Medical Service Association Inc.
What is the revenue of University Medical Service Association Inc?
University Medical Service Association Inc's revenue in 2022 was $369,975,909.
Who are the executives of University Medical Service Association Inc and what are their salaries?
The average compensation at University Medical Service Association Inc during 2022 was $54,623. There are 1434 employees at University Medical Service Association Inc.
Here are 21 key members and their salaries:
- Compensation: $0
- Related: $1,001,587
- Other: $71,450
- Compensation: $0
- Related: $993,485
- Other: $59,479
- Compensation: $0
- Related: $715,268
- Other: $61,510
- Compensation: $0
- Related: $331,436
- Other: $44,441
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $821,464
- Other: $59,247
- Compensation: $0
- Related: $707,308
- Other: $55,214
- Compensation: $0
- Related: $761,297
- Other: $71,277
- Compensation: $0
- Related: $337,470
- Other: $34,342
- Compensation: $0
- Related: $513,938
- Other: $24,958
- Compensation: $252,601
- Related: $0
- Other: $24,743
- Compensation: $225,448
- Related: $0
- Other: $17,050
- Compensation: $241,480
- Related: $0
- Other: $22,852
- Compensation: $0
- Related: $434,418
- Other: $50,922
- Compensation: $0
- Related: $551,966
- Other: $53,709
- Compensation: $0
- Related: $537,419
- Other: $56,516
- Compensation: $0
- Related: $1,095,996
- Other: $56,801
- Compensation: $0
- Related: $835,916
- Other: $55,514
- Compensation: $0
- Related: $1,141,772
- Other: $51,960
- Compensation: $0
- Related: $1,076,454
- Other: $55,167
- Compensation: $0
- Related: $881,590
- Other: $51,788
Where can I find the form 990 for University Medical Service Association Inc?
University Medical Service Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of University Medical Service Association Inc
University Medical Service Association Inc, a dedicated organization, prioritizes its efforts towards supporting the University of South Florida's College of Medicine in their research and education endeavors. By providing essential funds, UMSA contributes significantly to the advancement of medical education and research within the esteemed institution.
In the fiscal year that concluded on June 30, 2021, UMSA demonstrates its unwavering commitment to the College of Medicine. Through its financial contributions, UMSA facilitated the support of approximately 497 faculty members and 612 clinical staff working across the college's seventeen clinical departments. These disbursements directly impact the daily operations and overall success of the College of Medicine, ensuring that its mission to provide high-quality medical education and cutting-edge research continues uninterrupted.
Through its generous financial support, UMSA plays an instrumental role in nurturing the next generation of medical professionals. The College of Medicine benefits from the resources made available by UMSA, ultimately contributing to the advancement of healthcare knowledge and the delivery of improved patient care. The organization's unwavering dedication to the University of South Florida's College of Medicine serves as a testament to its commitment to enhancing the medical field and improving the lives of countless individuals.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
University Medical Service Association Inc plays a vital role in enhancing medical education and research at the University of South Florida's College of Medicine. By providing financial support, it enables the college to sustain its operations across 17 clinical departments, directly benefiting approximately 497 faculty members and 612 clinical support staff.
This support not only enriches educational opportunities for future medical professionals but also fosters innovative research initiatives. The association's contributions are essential in maintaining the quality of medical training and advancing healthcare through scholarly pursuits, ultimately impacting the quality of care provided to the community. Through its dedicated efforts, UMSA significantly influences the development of competent healthcare practitioners and the progression of medical knowledge, making a meaningful difference in the field of medicine.
This information is meant to be a general summary of University Medical Service Association 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: $3,316,857
- Program Service Revenue: $230,587,323
- Gross Receipts: $370,953,256
Assets and Liabilities:
- Total Assets: $237,672,384
- Total Liabilities: $137,566,595
- Net Assets: $100,105,789
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PATIENT SERVICE REVENUE
Revenue
$230,587,323
Organization Details
Founding Year
1973
Phone
(813) 974-2120Principal Officer
Alisha Ozmeral
Main Address
12901 BRUCE B DOWNS BLVD FA MDC6, TAMPA, FL, 336124742
NTEE Category
Code: B99Z - Education
If you are a representative of University Medical Service Association Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.