Overview
What is Chesapeake Regional Medical Group?
Chesapeake Regional Medical Group is a medical organization based in Chesapeake, Virginia, with a workforce of 236 employees. Their primary focus is to attract and retain hard-to-find physicians in the Chesapeake area by providing them with effective practice administration assistance. This mission aims to ensure that the community has access to a comprehensive range of physician services.
Official website here: www.chesapeakeregional.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
Chesapeake Regional Medical Group received an 81% rating from Charity Navigator, indicating a solid performance in the area of accountability and finance. The organization has achieved high scores in critical evaluation metrics, particularly in having a fully independent board and maintaining strong financial oversight, with no material diversion of assets reported.
The organization also excels in transparency and governance practices, as evidenced by its comprehensive conflict of interest and whistleblower policies, alongside thorough documentation of board meeting minutes. Notably, Chesapeake Regional Medical Group maintains a significant program expense ratio of 96.64%, demonstrating a strong commitment to utilizing funds effectively for its programs.
While the organization showcases many strengths in governance and financial accountability, the three-star rating suggests there may still be areas for improvement or growth. However, overall, the Medical Group appears well-managed and dedicated to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Chesapeake Regional Medical Group legitimate?
Chesapeake Regional Medical Group is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chesapeake Regional Medical Group 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: $20,227,106
For more financial information, click here
Official website here: www.chesapeakeregional.com
What is the mission statement of Chesapeake Regional Medical Group?
The Chesapeake Regional Medical Group is dedicated to recruiting hard-to-find physicians for undisclosed locations and supporting them with administrative assistance to ensure their retention. Their primary objective is to deliver essential physician services to the community. By offering administrative assistance, the medical group aims to create an attractive work environment for medical professionals, enabling them to focus on providing quality healthcare to patients. The organization's commitment to attracting and retaining top talent ultimately contributes to the overall improvement of healthcare services within the medical community.
Official website here: www.chesapeakeregional.com
Who is the CEO of Chesapeake Regional Medical Group?
Reese Jackson is the Physician of Chesapeake Regional Medical Group. The CEO's salary of Chesapeake Regional Medical Group is $0 and their total compensation is $828,906.
Official website here: www.chesapeakeregional.com
What is the revenue of Chesapeake Regional Medical Group?
Chesapeake Regional Medical Group's revenue in 2022 was $15,896,081.
Official website here: www.chesapeakeregional.com
Who are the executives of Chesapeake Regional Medical Group and what are their salaries?
The average compensation at Chesapeake Regional Medical Group during 2022 was $85,708. There are 236 employees and 4 volunteers at Chesapeake Regional Medical Group.
Here are 11 key members and their salaries (Chesapeake Regional Medical Group's CEO's salary is $0 and their total compensation is $828,906):
- Compensation: $738,507
- Related: $111,679
- Other: $0
- Compensation: $0
- Related: $780,106
- Other: $48,800
- Compensation: $479,091
- Related: $331,080
- Other: $0
- Compensation: $706,541
- Related: $63,140
- Other: $0
- Compensation: $653,175
- Related: $12,100
- Other: $0
- Compensation: $0
- Related: $460,096
- Other: $48,800
- Compensation: $508,798
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.chesapeakeregional.com
Where can I find the form 990 for Chesapeake Regional Medical Group?
Chesapeake Regional Medical Group's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.chesapeakeregional.com
Learn more at the official website: www.chesapeakeregional.com
Mission Statement of Chesapeake Regional Medical Group
Chesapeake Regional Medical Group, a renowned organization, is dedicated to an important mission in the medical field. In simpler terms, this mission revolves around attracting hard-to-find physicians to the Virginia area and retaining them through effective practice administration assistance. The ultimate goal is to ensure that the community in question has access to a comprehensive range of physician services.
This mission is of paramount importance as it addresses the challenge of recruiting and retaining skilled medical professionals in specific locations. By attracting these physicians, Chesapeake Regional Medical Group plays a crucial role in ensuring that the medical needs of the community are met with high-quality care. The practice administration assistance provided by the organization is instrumental in facilitating a conducive work environment, enabling the physicians to focus on their patients rather than administrative challenges.
The impact of this mission goes beyond just attracting and retaining physicians. By securing the presence of skilled medical professionals, Chesapeake Regional Medical Group contributes significantly to the overall healthcare infrastructure of the community. The organization's efforts translate into improved access to essential medical services, leading to better health outcomes for individuals and families. Additionally, the presence of these physicians within the community fosters economic growth and development, demonstrating the far-reaching implications of Chesapeake Regional Medical Group's mission.
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Impact
October, 2024
Chesapeake Regional Medical Group plays a crucial role in enhancing healthcare accessibility in Chesapeake, Virginia. By focusing on the recruitment and retention of hard-to-find physicians, the organization addresses the community's need for diverse medical specialties and services. This strategic focus not only ensures a robust healthcare workforce but also improves patient care and outcomes in the region.
Additionally, the provision of practice administration assistance helps to alleviate the burdens often faced by healthcare providers, enabling them to concentrate on delivering quality care. Overall, Chesapeake Regional Medical Group significantly contributes to building a sustainable healthcare environment in Chesapeake, fostering healthier communities through improved medical services and physician support.
This information is meant to be a general summary of Chesapeake Regional Medical Group. 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: $15,024,565
- Gross Receipts: $15,896,081
Assets and Liabilities:
- Total Assets: $5,882,507
- Total Liabilities: $82,973,923
- Net Assets: -$77,091,416
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CRMG REVENUE
Revenue
$31,490,702
CONTRACTUAL ADJUSTMENT
Revenue
-$15,505,851
BAD DEBT
Revenue
-$719,591
CHARITY
Revenue
-$240,695
Organization Details
Founding Year
2007
Phone
(757) 312-8121Principal Officer
Reese Jackson
Main Address
736 BATTLEFIELD BLVD NORTH, CHESAPEAKE, VA, 23320
Website
www.chesapeakeregional.comNTEE Category
Code: E11 - Health
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