Overview
What is Memorial Professional Services?
Memorial Professional Services is a locally-focused physician organization situated in Toledo, Ohio, serving within the ProMedica Health System's comprehensive delivery network. With a mission to improve community health care, they offer efficient and cost-effective services, employing 175 individuals who are deeply invested in the area they serve. Memorial Professional Services is committed to providing high-quality, value-added healthcare services, aiming to enhance patient satisfaction and ensure a financially viable network of healthcare providers catering to the medical needs of the community.
Official website here: www.promedica.org
What are the reviews and ratings of this charity?
**Charity Navigator Rating: 81% (Three-Star out of Four Stars)**
Memorial Professional Services has received an 81% score from Charity Navigator, indicating a solidstanding in terms of accountability and financial health. This score primarily evaluates its financial practices, demonstrating strong oversight with an independent board and thorough policies in place, reflecting good governance and operational transparency.
Strengths highlighted in the rating include a high percentage of independent board members and a commitment to financial accountability. Notably, the organization reports a significant program expense ratio, suggesting that nearly all financial resources are directed towards its programs. However, there are concerns related to its liabilities to assets ratio, indicating potential financial stress that may need addressing.
No user reviews from GreatNonprofits are available to provide additional community insights or feedback. Overall, while Memorial Professional Services exhibits strong financial practices, prospective supporters should consider its financial liabilities alongside its governance strengths.
This AI summary has been generated from information found on Charity Navigator.
Is Memorial Professional Services legitimate?
Memorial Professional Services is a legitimate nonprofit organization registered as a 501(c)(3) entity. Memorial Professional Services 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: $14,570,890
For more financial information, click here
Official website here: www.promedica.org
What is the mission statement of Memorial Professional Services?
Memorial Professional Services, as part of Promedica Health System Inc.'s integrated delivery system, aims to enhance the community's healthcare effectively and economically. Their mission, as an integral part of Promedica, is to become the leading community-based management services organization and healthcare provider in Northwest Ohio and Southeast Michigan. They strive to provide quality, cost-effective, efficient, and value-added services to achieve superior patient satisfaction and financially viable networks of physicians, supporting the medical needs of the community.
Official website here: www.promedica.org
Who is the CEO of Memorial Professional Services?
Terrence Metzger is the Trustee of Memorial Professional Services. The CEO's salary of Memorial Professional Services is $0 and their total compensation is $1,618,580.
Official website here: www.promedica.org
What is the revenue of Memorial Professional Services?
Memorial Professional Services's revenue in 2022 was $11,239,268.
Official website here: www.promedica.org
Who are the executives of Memorial Professional Services and what are their salaries?
The average compensation at Memorial Professional Services during 2022 was $83,262. There are 175 employees and 22 volunteers at Memorial Professional Services.
Here are 40 key members and their salaries (Memorial Professional Services's CEO's salary is $0 and their total compensation is $1,618,580):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $755,303
- Other: $32,287
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $750,062
- Other: $11,796
- Compensation: $0
- Related: $910,472
- Other: $13,591
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $595,480
- Other: $6,883
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $353,774
- Other: $31,679
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $768,811
- Other: $11,829
- 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: $40,000
- 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: $50,000
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $705,626
- Other: $30,123
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $1,605,830
- Other: $12,750
- Compensation: $0
- Related: $927,467
- Other: $44,223
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $5,476,040
- Other: $3,579
- Compensation: $0
- Related: $683,615
- Other: $6,102
- Compensation: $0
- Related: $2,435,815
- Other: $61,437
- Compensation: $620,912
- Related: $0
- Other: $32,861
- Compensation: $480,541
- Related: $0
- Other: $26,387
- Compensation: $484,184
- Related: $0
- Other: $2,520
- Compensation: $451,398
- Related: $0
- Other: $13,591
- Compensation: $447,288
- Related: $0
- Other: $18,043
Official website here: www.promedica.org
Where can I find the form 990 for Memorial Professional Services?
Memorial Professional Services's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.promedica.org
Learn more at the official website: www.promedica.org
Mission Statement of Memorial Professional Services
Memorial Professional Services, as an integral part of Promedica Health System, Inc., aims to be the leading community-based management services organization and provider of related healthcare services in Northwest Ohio and Southeast Michigan. Their mission is to deliver quality, cost-effective, efficient, and value-added services, ensuring superior patient satisfaction and a financially viable network of physicians who can meet the medical needs of the community. By doing so, Memorial Professional Services strives to enhance the overall health care of the community in an efficient manner.
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Impact
October, 2024
Memorial Professional Services significantly enhances the healthcare landscape in the Toledo area by delivering accessible, cost-effective medical services tailored to the local community. Positioned within the ProMedica Health System, it leverages a community-based approach, ensuring that the healthcare professionals who serve the region are also residents, deeply understanding the unique needs of their neighbors.
By focusing on patient satisfaction and efficient care delivery, Memorial Professional Services works to improve health outcomes while maintaining financial viability within its network of physicians. This commitment not only addresses immediate medical concerns but also fosters a sustainable healthcare system in Northwest Ohio and Southeast Michigan, ultimately promoting long-term wellness and community health resilience.
This information is meant to be a general summary of Memorial Professional Services. 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: $11,239,268
- Gross Receipts: $11,239,268
Assets and Liabilities:
- Total Assets: $3,073,955
- Total Liabilities: $4,463,963
- Net Assets: -$1,390,008
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NET PATIENT SERVICES
Revenue
$10,617,300
PHYSICIAN SERVICES REV
Revenue
$621,968
Organization Details
Founding Year
2010
Phone
(419) 252-5772Principal Officer
Terrence Metzger
Main Address
100 MADISON AVE ATTN TAX DEPARTM, TOLEDO, OH, 43604
Website
www.promedica.orgNTEE Category
Code: E30 - Health
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