Overview
What is Centennial Medical Group Inc?
Centennial Medical Group Inc, based in Roseburg, is a nonprofit healthcare organization affiliated with Commonspirit Health. They offer charitable hospital-based and specialty physician services to their community, with a focus on serving vulnerable populations. Their mission extends beyond medical care, aiming to promote social justice for all. Aric Groshong leads the team, dedicated to enhancing the health and well-being of their patients.
Official website here: www.centennialmedgrp.com/
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Centennial Medical Group Inc has received a two-star rating from Charity Navigator, indicating a need for improvement in its operations. The organization has an overall score of 66%, reflecting a mixed performance in areas of accountability and finance. While it does well in certain aspects, such as having no material diversion of assets and maintaining a conflict of interest policy, the lack of independent board members raises concerns about governance.
One of the significant strengths of Centennial Medical Group is its high program expense ratio of 93.56%, suggesting that a substantial portion of its expenses goes directly towards its programs and services. Additionally, it has received full points for its audit and oversight committee functions, indicating strong oversight in financial reporting. However, the absence of independent board members could impact decision-making and organizational integrity.
Despite these strengths, the organization has notable limitations, particularly in its liabilities to assets ratio, which stands at an alarming 697.76%. This ratio indicates potential financial instability, which could affect its sustainability over time. Furthermore, the lack of transparency is highlighted by the missing tax form on its website, which can hinder public trust and accountability. Overall, while Centennial Medical Group demonstrates commitment to its mission, significant governance and financial management improvements are necessary.
This AI summary has been generated from information found on Charity Navigator.
Is Centennial Medical Group Inc legitimate?
Centennial Medical Group Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Centennial Medical Group 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: $432,209
Professional Fundraising Fees: $0
Other Salaries and Wages: $37,682,738
For more financial information, click here
Official website here: www.centennialmedgrp.com/
What is the mission statement of Centennial Medical Group Inc?
Centennial Medical Group Inc is an affiliate of Commonspirit Health, dedicated to enhancing the health and well-being of underserved populations. Through hospital-based and clinic services, they provide essential medical care on a charitable basis. Their mission is to make a difference in the world by improving people's health, particularly those who are vulnerable, while promoting social justice for all. Centennial Medical Group aims to provide comprehensive medical services, ensuring access to healthcare for those in need. By combining medical expertise with a commitment to social justice, they work to create a positive impact on the communities they serve.
Official website here: www.centennialmedgrp.com/
Who is the CEO of Centennial Medical Group Inc?
Aric Groshong is the Board Chair/President & Ceo of Centennial Medical Group Inc. The CEO's salary of Centennial Medical Group Inc is $421,230 and their total compensation is $439,127.
Official website here: www.centennialmedgrp.com/
What is the revenue of Centennial Medical Group Inc?
Centennial Medical Group Inc's revenue in 2022 was $52,602,249.
Official website here: www.centennialmedgrp.com/
Who are the executives of Centennial Medical Group Inc and what are their salaries?
Here are 10 key members and their salaries (Centennial Medical Group Inc's CEO's salary is $421,230 and their total compensation is $439,127):
- Compensation: $0
- Related: $910,431
- Other: $41,099
- Compensation: $874,264
- Related: $0
- Other: $38,305
- Compensation: $722,694
- Related: $0
- Other: $52,355
- Compensation: $692,453
- Related: $0
- Other: $52,580
- Compensation: $621,424
- Related: $0
- Other: $49,193
- Compensation: $567,937
- Related: $0
- Other: $38,552
- Compensation: $0
- Related: $488,333
- Other: $48,020
- Compensation: $421,230
- Related: $0
- Other: $17,897
- Compensation: $0
- Related: $227,379
- Other: $30,008
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.centennialmedgrp.com/
Where can I find the form 990 for Centennial Medical Group Inc?
Centennial Medical Group Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.centennialmedgrp.com/
Learn more at the official website: www.centennialmedgrp.com/
Mission Statement of Centennial Medical Group Inc
Centennial Medical Group, a charitable organization and affiliate of Commonspirit Health, is dedicated to making a difference in the world by enhancing the health of the people it serves, particularly those who are most vulnerable. The group's mission is rooted in the belief that every individual deserves access to quality healthcare, regardless of their circumstances.
Centennial Medical Group offers both hospital-based and clinic-based physician services to the community it serves. In a hospital setting, the group ensures that patients receive specialized medical care when they need it most. Meanwhile, in a clinic setting, the organization provides a range of physician services to help manage and prevent health conditions. Through these efforts, Centennial Medical Group aims to improve the overall health and wellbeing of the people it serves.
As part of its commitment to social justice, Centennial Medical Group goes beyond providing healthcare services. It strives to address the root causes of health disparities and inequalities. By focusing on the needs of vulnerable populations, the organization works to create a more equitable and just society.
Aric Groshong leads the dedicated team at Centennial Medical Group. Guided by the organization's mission, they work tirelessly to deliver compassionate care and advance health equity. Their efforts are grounded in the belief that everyone deserves access to quality healthcare, and that this foundational need is essential for individuals and communities to thrive.
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Impact
August, 2024
Centennial Medical Group Inc's impact is profound as it provides crucial hospital-based physician services and specialty physician services to the Roseburg community on a charitable basis. Led by Aric Groshong and affiliated with CommonSpirit Health, this organization is dedicated to improving the health of those it serves, particularly the vulnerable population, while advancing social justice for all. Through its mission to make the healing presence of God known in the world, Centennial Medical Group Inc plays a vital role in enhancing the well-being of the community it serves.
This information is meant to be a general summary of Centennial Medical Group 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: $943
- Program Service Revenue: $44,994,415
- Gross Receipts: $52,602,249
Assets and Liabilities:
- Total Assets: $18,773,224
- Total Liabilities: $135,459,187
- Net Assets: -$116,685,963
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PATIENT SERVICES
Revenue
$44,853,735
INTERCOMPANY TRANSACTI
Revenue
$140,680
Organization Details
Founding Year
2009
Phone
(541) 677-3650Principal Officer
Aric Groshong
Main Address
2700 STEWART PARKWAY, ROSEBURG, OR, 974711281
Website
www.centennialmedgrp.com/NTEE Category
Code: E30 - Health
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