Overview
What is University Family Physicians Inc?
University Family Physicians Inc, based in Indianapolis, Indiana, is an integral part of Indiana University Health and the Indiana University School of Medicine's Department of Family Medicine. This nonprofit organization specializes in active and continuous engagement in medical research, education, and training in the practice of family medicine. By working in conjunction with these esteemed institutions, University Family Physicians is able to provide patient services through a physician services agreement with IU Health Physicians. The collaboration between the nonprofit and its partners ensures a high standard of care and commitment to ongoing advancements in family medicine.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
University Family Physicians Inc has received a Two-Star out of Four Star rating from Charity Navigator, indicating areas of concern within its governance and transparency practices. The organization scored 64%, with a strong performance in accountability and finance; however, it lacks independent board members, which raises questions about its oversight and decision-making processes.
Despite its commendable financial statements and adherence to conflict of interest and whistleblower policies, the absence of independent members on the board is a significant limitation. Additionally, the organization’s website is missing crucial information like the tax form and proper documentation, contributing to transparency issues.
On a positive note, the organization maintains a high program expense ratio, indicating that nearly all of its expenditures are directed toward its programs. However, the liabilities to assets ratio is concerning, suggesting potential financial instability. Overall, while University Family Physicians Inc demonstrates some strengths, significant improvements in governance and transparency are essential for enhancing its rating.
This AI summary has been generated from information found on Charity Navigator.
Is University Family Physicians Inc legitimate?
University Family Physicians Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. University Family Physicians 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
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What is the mission statement of University Family Physicians Inc?
University Family Physicians Inc is dedicated to actively engaging and continually contributing to medical research, education, and training in the field of medicine. They collaborate closely with the Department of Family Medicine at Indiana University School of Medicine and Indiana University Health-affiliated hospitals in pursuing advancements in healthcare. As a subsidiary of Indiana University Health Physicians, they provide patient services through a physician services agreement, while maintaining an active role in the medical community. Their commitment to research, education, and training ensures they remain at the forefront of medical developments and deliver high-quality care to patients.
What is the revenue of University Family Physicians Inc?
University Family Physicians Inc's revenue in 2023 was $103,259,159.
Who are the executives of University Family Physicians Inc and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $653,475
- Other: $144,075
Where can I find the form 990 for University Family Physicians Inc?
University Family Physicians Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of University Family Physicians Inc
University Family Physicians Inc, or University Family Physicians, is dedicated to actively and continually engaging in medical research, education, and training in the practice of medicine. This commitment extends to working in collaboration with the Department of Family Medicine at the Indiana University School of Medicine and Indiana University Health-affiliated hospitals.
As a subsidiary of Indiana University Health Care Associates, Inc., University Family Physicians provides patient services through a physician services agreement. Their mission is twofold: first, they contribute to the advancement of medical knowledge and practice through research; second, they provide education and training to medical professionals to enhance their skills and expertise.
University Family Physicians' partnership with the Indiana University School of Medicine and Indiana University Health-affiliated hospitals enables them to stay at the forefront of medical developments and apply this knowledge in their practice. Through their active participation in research and education, they ensure they are providing the best possible care for their patients. Additionally, their collaboration with these institutions allows them to attract and train the next generation of family medicine professionals, ensuring a continuous supply of skilled medical professionals in the field.
In summary, University Family Physicians Inc is a trailblazing organization in the field of family medicine. They are dedicated to furthering medical knowledge through research, training the next generation of medical professionals, and delivering top-notch patient care in collaboration with the Department of Family Medicine at the Indiana University School of Medicine and Indiana University Health-affiliated hospitals.
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Impact
October, 2024
University Family Physicians Inc significantly contributes to advancing medical knowledge and improving healthcare practices through its active involvement in medical research, education, and training in family medicine. This organization collaborates with the Department of Family Medicine at the Indiana University School of Medicine and affiliated hospitals, ensuring that the latest research informs clinical practice.
By emphasizing continuous education and training, University Family Physicians Inc enhances the skills of healthcare professionals and promotes the adoption of evidence-based practices in patient care. This focus not only benefits the healthcare providers but also leads to improved patient outcomes, ensuring that individuals receive high-quality, informed healthcare.
In its role as a provider of patient services, University Family Physicians Inc plays a crucial part in the healthcare ecosystem of Indianapolis, fostering a culture of collaboration and innovation that ultimately contributes to healthier communities. Their commitment to research and education serves as a foundation for the future of family medicine, helping to shape the next generation of healthcare leaders.
This information is meant to be a general summary of University Family Physicians 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 2023.
- Investment Income: $3,197
- Program Service Revenue: $103,255,962
- Gross Receipts: $103,259,159
Assets and Liabilities:
- Total Assets: $7,277,322
- Total Liabilities: $7,208,461
- Net Assets: $68,861
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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
$103,255,962
Organization Details
Founding Year
1975
NTEE Category
Code: E31 - Health
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