Overview
What is Prima Medical Foundation?
Prima Medical Foundation, doing business as MarinHealth Medical Network, is a California-based nonprofit organization dedicated to providing medical services in partnership with Prima Medical Group, Inc. They primarily serve residents in Marin and Sonoma Counties, offering a comprehensive range of healthcare practices, from after-hours care to urology and breast surgical oncology. Their strategic alliance with UCSF Health ensures access to expert medical resources. The organization's mission is to perform charitable healthcare functions and purposes through the establishment, operation, and maintenance of multi-specialty medical clinics in California. With a team of over 475 employees, they offer essential healthcare services to both insured and uninsured individuals.
Official website here: www.mymarinhealth.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 81% (Three-Star out of Four Star rating)
The Prima Medical Foundation has received a three-star rating from Charity Navigator, indicating a relatively solid performance in terms of accountability and finance. The organization has achieved a high program expense ratio of 93.87%, reflecting its commitment to utilizing the majority of its resources for its programs and services. The absence of any material diversion of assets further highlights its financial integrity.
Key strengths of the foundation include a majority of independent board members, with 66% of its board being independent, which is a strong indicator of good governance. Additionally, the foundation has robust policies in place, including a conflict of interest policy, a whistleblower policy, and documented board meeting minutes, which all contribute to transparency and accountability within the organization.
However, a notable limitation is the low score in the liabilities to assets ratio, receiving no points in this area. This could suggest potential concerns regarding the foundation's financial leverage and stability, which might warrant further scrutiny by prospective donors or stakeholders. Overall, while Prima Medical Foundation demonstrates commendable practices in many areas, attention to its financial liabilities may be needed for a more balanced assessment.
This AI summary has been generated from information found on Charity Navigator.
Is Prima Medical Foundation legitimate?
Prima Medical Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Prima Medical Foundation 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: $33,330,123
For more financial information, click here
Official website here: www.mymarinhealth.org
What is the mission statement of Prima Medical Foundation?
The Prima Medical Foundation is dedicated to carrying out charitable healthcare functions and purposes by establishing, operating, and maintaining multispecialty medical clinics. Their mission is to provide healthcare services through these clinics, while also engaging in and promoting charitable healthcare, educational, and medical research activities. The foundation operates as a nonprofit public benefit corporation, delivering medical services in conjunction with Prima Medical Group. They cover a wide range of medical practices, including cardiovascular medicine, ENT, family medicine, general surgery, OB/GYN, pediatric care, psychiatry, supportive care, urology, women's care, breast surgical oncology, critical care, endocrine care, gastroenterology, gynecologic surgery, infectious disease, neurology, orthopedic surgery, primary care, rheumatology, urogynecology, and vascular medicine. The foundation's medical services cater to both insured and uninsured residents, ensuring access to essential healthcare.
Official website here: www.mymarinhealth.org
What is the revenue of Prima Medical Foundation?
Prima Medical Foundation's revenue in 2023 was $172,856,317.
Official website here: www.mymarinhealth.org
Who are the executives of Prima Medical Foundation and what are their salaries?
The average compensation at Prima Medical Foundation during 2023 was $65,353. There are 510 employees and 7 volunteers at Prima Medical Foundation.
Here are 18 key members and their salaries:
- Compensation: $0
- Related: $1,803,170
- Other: $37,266
- Compensation: $0
- Related: $701,911
- Other: $51,508
- Compensation: $0
- 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
- Compensation: $0
- Related: $438,102
- Other: $62,669
- Compensation: $0
- Related: $385,106
- Other: $39,915
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $537,307
- Other: $17,034
- Compensation: $0
- Related: $524,927
- Other: $17,041
- Compensation: $221,499
- Related: $0
- Other: $4,182
- Compensation: $212,714
- Related: $0
- Other: $7,723
- Compensation: $225,717
- Related: $0
- Other: $7,822
- Compensation: $206,059
- Related: $0
- Other: $9,282
- Compensation: $183,255
- Related: $0
- Other: $9,808
Official website here: www.mymarinhealth.org
Where can I find the form 990 for Prima Medical Foundation?
Prima Medical Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.mymarinhealth.org
Learn more at the official website: www.mymarinhealth.org
Mission Statement of Prima Medical Foundation
Prima Medical Foundation, a nonprofit organization, is dedicated to carrying out charitable healthcare functions and purposes by establishing, operating, and maintaining multi-specialty medical clinics in California. The foundation's ultimate goal is to provide healthcare services to those in need. In collaboration with Prima Medical Group, a California professional medical corporation, the foundation's medical network offers a comprehensive range of medical practices, covering after-hours care for adults and children, cardiovascular medicine, ear, nose and throat, family medicine, general surgery, obstetrics and gynecology, pediatric care, psychiatry, supportive care, urology, women's care, breast surgical oncology, critical care and pulmonology, endocrine and diabetes care, gastroenterology, gynecologic surgery, infectious disease, neurology, orthopedic surgery, primary care, rheumatology, urogynecology, and vascular medicine. The foundation's services are accessible to both insured and uninsured residents, and its strategic alliance with UCSF Health ensures that its practices are backed by the expertise of MarinHealth Medical Center.
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Impact
October, 2024
Prima Medical Foundation significantly enhances healthcare access in Marin and Sonoma Counties by establishing and operating multi-specialty medical clinics. These clinics cater to both insured and uninsured residents, ensuring a broad spectrum of medical services is available. Situated within a strategic alliance with UCSF Health, the foundation’s clinics leverage the expertise of MarinHealth Medical Center, offering specialized care across numerous fields such as family medicine, cardiology, pediatrics, psychiatry, and more.
Through its comprehensive approach, which includes after-hours care and various specialties like internal medicine, women's health, and orthopedic surgery, Prima Medical Foundation addresses the diverse healthcare needs of the community. This commitment not only improves the overall health of residents but also fosters educational and research initiatives that further advance the quality of care provided.
By promoting charitable healthcare functions and striving to remove barriers to access, the foundation plays a crucial role in enhancing the well-being of individuals and families in the region. Its targeted efforts contribute to the establishment of healthier communities, demonstrating a deep-seated dedication to service and healthcare equity.
This information is meant to be a general summary of Prima Medical Foundation. 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: $33,692
- Program Service Revenue: $145,410,196
- Gross Receipts: $172,856,317
Assets and Liabilities:
- Total Assets: $64,247,344
- Total Liabilities: $58,835,257
- Net Assets: $5,412,087
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRACT REVENUE
Revenue
$125,156,765
OTHER OPERATING REVENUE
Revenue
$12,417,001
NET PATIENT SERVICE REVENUE
Revenue
$7,836,430
Organization Details
Founding Year
2010
Principal Officer
Jennifer Schaab Mba Mph
Website
www.mymarinhealth.orgNTEE Category
Code: E300 - Health
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