Overview
What is Oklahoma Foundation For Medical Quality Inc?
Oklahoma Foundation for Medical Quality Inc, located in Oklahoma City, Oklahoma, is a nonprofit organization dedicated to promoting health care and public health improvements. Through a subcontract with the Centers for Medicare & Medicaid Services (CMS), they provide services to strengthen organizational systems and processes in American Indian Healthcare Service hospitals. This foundation aims to establish robust systems that support the delivery of high-quality healthcare to American Indians living on and around reservations and Alaska Natives. With a workforce of 27 individuals, Oklahoma Foundation for Medical Quality Inc is committed to enhancing healthcare standards and ensuring the well-being of these communities.
Official website here: www.ofmq.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% (Four-Star out of Four Stars)
The Oklahoma Foundation For Medical Quality Inc has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. This high score, calculated entirely from a comprehensive accountability and finance assessment, highlights the organization's commitment to transparency and responsible financial management.
Key strengths of the foundation include its fully independent board, which consists of six members, and a perfect score in various governance practices, such as conflict of interest and whistleblower policies. The organization also maintains a sound financial structure, with a low liabilities-to-assets ratio and a program expense ratio of over 69%, indicating a significant portion of its resources is directed towards its mission.
While the organization demonstrates robust financial management and governance, the summary does not mention specific programmatic outcomes or the impact of its initiatives. Nonetheless, the foundation's strong accountability measures provide assurance to donors regarding the effective use of their contributions.
This AI summary has been generated from information found on Charity Navigator.
Is Oklahoma Foundation For Medical Quality Inc legitimate?
Oklahoma Foundation For Medical Quality Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Oklahoma Foundation For Medical Quality 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: $252,950
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,282,316
For more financial information, click here
Official website here: www.ofmq.com
What is the mission statement of Oklahoma Foundation For Medical Quality Inc?
The Oklahoma Foundation for Medical Quality Inc is committed to enhancing the standard of healthcare and public health. Through a contract with the Centers for Medicare & Medicaid Services (CMS), they offer services to support the American Indian/Alaska Native Healthcare Quality Initiative. This initiative aims to strengthen the organizational systems and processes of Indian Health Service hospitals, ultimately enabling them to provide superior healthcare services to American Indians residing on and around reservations, as well as Alaska Natives. By doing so, the foundation contributes to the delivery of high-quality healthcare.
Official website here: www.ofmq.com
Who is the CEO of Oklahoma Foundation For Medical Quality Inc?
Lindsey Wiley is the Director & Treasurer of Oklahoma Foundation For Medical Quality Inc. The CEO's salary of Oklahoma Foundation For Medical Quality Inc is $161,411 and their total compensation is $161,411.
Official website here: www.ofmq.com
What is the revenue of Oklahoma Foundation For Medical Quality Inc?
Oklahoma Foundation For Medical Quality Inc's revenue in 2022 was $3,170,644.
Official website here: www.ofmq.com
Who are the executives of Oklahoma Foundation For Medical Quality Inc and what are their salaries?
The average compensation at Oklahoma Foundation For Medical Quality Inc during 2022 was $56,862. There are 27 employees at Oklahoma Foundation For Medical Quality Inc.
Here are 9 key members and their salaries (Oklahoma Foundation For Medical Quality Inc's CEO's salary is $161,411 and their total compensation is $161,411):
- Compensation: $373
- Related: $0
- Other: $0
- Compensation: $461
- Related: $0
- Other: $0
- Compensation: $336
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $461
- Related: $0
- Other: $0
- Compensation: $2,428
- Related: $0
- Other: $0
- Compensation: $113
- Related: $0
- Other: $0
- Compensation: $161,411
- Related: $0
- Other: $0
- Compensation: $129,848
- Related: $0
- Other: $0
Official website here: www.ofmq.com
Where can I find the form 990 for Oklahoma Foundation For Medical Quality Inc?
Oklahoma Foundation For Medical Quality Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ofmq.com
Learn more at the official website: www.ofmq.com
Mission Statement of Oklahoma Foundation For Medical Quality Inc
Oklahoma Foundation for Medical Quality Inc is committed to promoting the enhancement of healthcare and public health. Their mission is centered around improving the quality of healthcare services, focusing on establishing robust organizational systems and processes within American Indian Service Hospitals. This foundation aims to ensure that American Indians living on and around Indian Health Service reservations, as well as Alaska Natives, receive high-quality healthcare services. By doing so, Oklahoma Foundation for Medical Quality Inc contributes to the betterment of overall public health.
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Impact
October, 2024
Oklahoma Foundation for Medical Quality Inc significantly impacts healthcare by promoting the improvement of health care and public health, particularly for American Indian and Alaska Native communities. Through its initiatives, the organization implements quality improvement and assurance measures aimed at Indian Health Service hospitals. This involves establishing strong organizational systems and processes that are essential for delivering high-quality healthcare services.
By focusing on the unique needs of American Indian populations, the Foundation enhances healthcare delivery and outcomes for individuals living on and around IHS reservations. Their work not only supports healthcare facilities in meeting quality standards but also plays a crucial role in fostering a sustainable healthcare environment that addresses the specific challenges faced by these communities. This commitment to quality healthcare serves as a foundation for better health outcomes and overall public health enhancement.
This information is meant to be a general summary of Oklahoma Foundation For Medical Quality 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: $107,746
- Program Service Revenue: $3,062,898
- Gross Receipts: $3,170,644
Assets and Liabilities:
- Total Assets: $3,406,975
- Total Liabilities: $731,092
- Net Assets: $2,675,883
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HEALTH INFORMATION TEC
Revenue
$1,886,752
MEDICAL CASE REVIEWS
Revenue
$991,238
QUALITY IMPROVEMENTS A
Revenue
$184,908
Organization Details
Founding Year
1972
Phone
(405) 840-2891Principal Officer
Lindsey Wiley
Main Address
515 CENTRAL PARK STE 101 101, OKLAHOMA CITY, OK, 73105
Website
www.ofmq.comNTEE Category
Code: E22D - Health
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