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University Cardiovascular Surgical Associates Inc

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

EIN: 263750378 ✦ Rumford, RI ✦ Designated as a 501(c)(3)

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Overview

What is University Cardiovascular Surgical Associates Inc?

University Cardiovascular Surgical Associates Inc is a nonprofit organization based in Rumford, Rhode Island. With a team of nine dedicated individuals, their primary mission is to support the educational, research, and patient care endeavors of the Department of Surgery and the Division of Cardiovascular Surgery at various universities and hospitals. Over the fiscal year 2022, they conducted 1,743 surgical procedures and 1,722 evaluation and management services. Their work contributes significantly to the advancement of cardiovascular surgeries at these institutions, ultimately benefiting patients and medical professionals alike.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 64% (Two-Star out of Four Stars)

University Cardiovascular Surgical Associates Inc has received a Two-Star rating from Charity Navigator, indicating a moderate level of performance primarily assessed through its Accountability & Finance score, which stands at 64%. This rating reflects concerns regarding the organization's governance structure, particularly the lack of independent board members, which is essential for ensuring accountability.

The organization demonstrates strengths in its financial oversight, as evidenced by a perfect score in audit and oversight, and it has robust policies for conflict of interest, whistleblower protection, and record management. These factors contribute positively to the organization’s operational integrity and transparency in financial matters.

However, there are notable limitations, particularly in the areas of board independence and public accessibility of financial documents. The absence of independent board members raises questions about governance effectiveness, while the lack of a tax form on the nonprofit's website may impede transparency for potential donors. Overall, while the organization exhibits strong financial practices, improvements in board structure and public engagement are necessary for a higher rating.


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

Is University Cardiovascular Surgical Associates Inc legitimate?

University Cardiovascular Surgical Associates Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. University Cardiovascular Surgical Associates 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: $2,767,011
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,171,138

For more financial information, click here

What is the mission statement of University Cardiovascular Surgical Associates Inc?

University Cardiovascular Surgical Associates Inc was established with the primary purpose of supporting and enhancing the educational, research, and patient care missions of the Department of Surgery and the Division of Cardiovascular Surgery at various universities and hospitals. The corporation's activities include providing teaching, research, patient care, administrative, and supervisory services to these departments. In the fiscal year 2022, they performed 1,743 surgical procedures and 1,722 evaluation and management services. The organization's role is to contribute to the advancement and improvement of cardiovascular surgical practices and knowledge.

Who is the CEO of University Cardiovascular Surgical Associates Inc?

Frank W Sellke Md is the Chairman of University Cardiovascular Surgical Associates Inc.

What is the revenue of University Cardiovascular Surgical Associates Inc?

University Cardiovascular Surgical Associates Inc's revenue in 2022 was $5,034,529.

Who are the executives of University Cardiovascular Surgical Associates Inc and what are their salaries?

The average compensation at University Cardiovascular Surgical Associates Inc during 2022 was $437,572. There are 9 employees at University Cardiovascular Surgical Associates Inc.


Here are 6 key members and their salaries:


William G Cioffi Md (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank W Sellke Md (President)
  • Compensation: $1,040,839
  • Related: $0
  • Other: $83,287
Afshin Ehsan Md (Vice President)
  • Compensation: $769,954
  • Related: $0
  • Other: $79,855
Neel R Sodha Md (Secretary/Treasurer)
  • Compensation: $683,376
  • Related: $0
  • Other: $70,092
Kenneth Wood (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Fingleton Md (Physician)
  • Compensation: $952,484
  • Related: $0
  • Other: $82,863
Where can I find the form 990 for University Cardiovascular Surgical Associates Inc?

University Cardiovascular Surgical Associates Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of University Cardiovascular Surgical Associates Inc

University Cardiovascular Surgical Associates Inc is an organization founded with a primary objective. Its mission is to contribute positively to the educational, research, and patient care initiatives of the Department of Surgery and the Division of Cardiovascular Surgery at various universities and hospitals. This corporation aims to support these crucial missions, thereby playing a significant role in the overall growth and development of these sectors.

In practical terms, University Cardiovascular Surgical Associates Inc conducts various activities, including teaching, research, patient care, administrative, and supervisory services. These duties are performed for the Department of Surgery and the Division of Cardiovascular Surgery at various universities and hospitals. During the fiscal year 2022, they reportedly performed 1,743 surgical procedures and 1,722 evaluation and management services, demonstrating their active involvement in patient care. The corporation's commitments extend beyond direct service delivery, as it also supports these crucial missions at multiple academic institutions.

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Impact




October, 2024

University Cardiovascular Surgical Associates Inc plays a vital role in enhancing the quality of cardiovascular care, education, and research. The organization's multifaceted approach supports the Department of Surgery and the Division of Cardiovascular Surgery across various universities and hospitals, directly benefiting patients and medical professionals alike.

In fiscal year 2022, the organization conducted an impressive 1,743 surgical procedures and provided 1,722 evaluation and management services, reflecting its significant contribution to patient care. This focus on hands-on experience not only aids in delivering critical healthcare services but also enriches the training and development of future cardiovascular surgeons.

By engaging in teaching, research, and administrative support, University Cardiovascular Surgical Associates Inc strengthens collaboration among healthcare providers and academic institutions. This collaborative environment is essential for advancing surgical techniques, improving patient outcomes, and fostering innovation in cardiovascular medicine. Overall, the organization's work has a profound impact on the healthcare landscape, enhancing both clinical practices and educational opportunities within the field of cardiovascular surgery.




This information is meant to be a general summary of University Cardiovascular Surgical Associates 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
$5,034,529 (2022)
Expenses
$5,001,999 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $57,689
  • Program Service Revenue: $4,871,906
  • Gross Receipts: $5,034,529

Assets and Liabilities:

  • Total Assets: $836,929
  • Total Liabilities: $904,941
  • Net Assets: -$68,012

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Programs

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

FEES FROM RHODE ISLAND

Revenue

$2,158,694

PATIENT FEES

Revenue

$1,777,233

ADMIN.,SUPERVISORY & T

Revenue

$684,000

RESEARCH REVENUES

Revenue

$251,852

Organization Details

Founding Year

2008

Principal Officer

Frank W Sellke Md

Main Address

PO BOX 16149, RUMFORD, RI, 02916

NTEE Category

Code: E30 - Health

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