Overview
What is The Stern Cardiovascular Foundation Inc?
The Stern Cardiovascular Foundation Inc, based in Germantown, Tennessee (38138), is a leading nonprofit healthcare organization committed to providing quality medical care regardless of race, creed, sex, national origin, disability, or age. With a staff of 575, they serve patients from several states, primarily West Tennessee, East Arkansas, and North Mississippi. Their mission extends beyond just treating patients; they also offer free or subsidized care for those in need, healthcare education, and community support programs. These activities include wellness programs, community education initiatives, and specialized clinics for the elderly, handicapped, and medically underserved. The organization has aligned with Baptist Memorial Health Care Corporation and boasts 44 cardiologists, making it one of the largest cardiovascular research and treatment centers in the country. They are renowned for their state-of-the-art medical technology and dedication to excellence and compassion in patient care. With a patient base of approximately 82,000, the Stern Cardiovascular Foundation offers various outpatient services, including cardiac wellness exams, interventional cardiology, and device clinics. They take a heart-healthy approach to getting fit and offer educational sessions on lipid management and weight control. Their clinics offer diagnostic tests and provide services like flu shots and immunizations without appointments. Programs like the Lipid, Coumadin, and Pacemaker Clinics help patients better understand and manage their cardiac health.
Official website here: www.sterncardio.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 66% (Two-Star out of Four Stars)
The Stern Cardiovascular Foundation Inc has received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and finance management. While the organization scores well in certain areas, such as having no material diversion of assets and a high program expense ratio of 93.81%, the absence of independent board members raises concerns about governance and oversight.
A significant weakness is noted in the organization's board structure, as it has no independent members, which could impact decision-making and transparency. Additionally, the liabilities to assets ratio is notably high at 1022.98%, suggesting potential financial risk. Although the foundation has good policies in place regarding conflict of interest and whistleblowing, the failure to post its tax form on its website detracts from its overall accountability.
In summary, while The Stern Cardiovascular Foundation demonstrates a strong commitment to its programs and has established important financial policies, the lack of independent board participation and high liability ratios indicate areas that require improvement for enhanced governance and financial health.
This AI summary has been generated from information found on Charity Navigator.
Is The Stern Cardiovascular Foundation Inc legitimate?
The Stern Cardiovascular Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Stern Cardiovascular Foundation 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: $13,042,753
Professional Fundraising Fees: $0
Other Salaries and Wages: $53,686,502
For more financial information, click here
Official website here: www.sterncardio.com
What is the mission statement of The Stern Cardiovascular Foundation Inc?
The Stern Cardiovascular Foundation Inc is dedicated to promoting community health through the provision of health care services. They establish, equip, and maintain geographically dispersed outpatient clinic locations where such services are provided. The Foundation prioritizes serving all members of the community, regardless of race, creed, sex, national origin, handicap, or age. They offer free or subsidized care for those in need and individuals covered by governmental programs. The Foundation's activities include wellness programs, community education programs, and support for the elderly, handicapped, and medically underserved. With a commitment to excellence and compassion, they utilize state-of-the-art medical technology to treat patients. They have specialized outpatient clinics for the treatment of A-FIB and CHF, and offer inpatient services including cardiac catheterization and electrocautery. The Foundation actively counsels patients on healthy lifestyles and offers educational sessions on lipid management and weight control. They take a heart-healthy approach to getting fit and offer diagnostic tests, flu shots, and immunizations without appointments. Programs such as the Lipid, Coumadin, and Pacemaker clinics help patients better understand and manage their cardiac health.
Official website here: www.sterncardio.com
Who is the CEO of The Stern Cardiovascular Foundation Inc?
Steven S Gubin Md is the Physician/President/Ex-Officio of The Stern Cardiovascular Foundation Inc. The CEO's salary of The Stern Cardiovascular Foundation Inc is $332,674 and their total compensation is $390,038.
Official website here: www.sterncardio.com
What is the revenue of The Stern Cardiovascular Foundation Inc?
The Stern Cardiovascular Foundation Inc's revenue in 2022 was $54,308,920.
Official website here: www.sterncardio.com
Who are the executives of The Stern Cardiovascular Foundation Inc and what are their salaries?
The average compensation at The Stern Cardiovascular Foundation Inc during 2022 was $116,051. There are 575 employees and 1 volunteer at The Stern Cardiovascular Foundation Inc.
Here are 19 key members and their salaries (The Stern Cardiovascular Foundation Inc's CEO's salary is $332,674 and their total compensation is $390,038):
- Compensation: $0
- Related: $2,006,787
- Other: $84,638
- Compensation: $1,961,613
- Related: $0
- Other: $89,158
- Compensation: $1,830,950
- Related: $0
- Other: $84,303
- Compensation: $1,581,267
- Related: $0
- Other: $64,926
- Compensation: $1,481,095
- Related: $0
- Other: $87,399
- Compensation: $1,482,571
- Related: $0
- Other: $64,827
- Compensation: $0
- Related: $1,355,514
- Other: $22,684
- Compensation: $997,340
- Related: $0
- Other: $80,559
- Compensation: $965,978
- Related: $0
- Other: $70,080
- Compensation: $962,682
- Related: $0
- Other: $70,410
- Compensation: $838,650
- Related: $0
- Other: $72,244
- Compensation: $332,674
- Related: $0
- Other: $57,364
- Compensation: $0
- Related: $1,562,524
- Other: $80,090
- Compensation: $195,583
- Related: $0
- Other: $42,942
- Compensation: $1,984,803
- Related: $0
- Other: $84,781
- Compensation: $1,724,039
- Related: $0
- Other: $80,319
- Compensation: $1,489,931
- Related: $0
- Other: $60,607
- Compensation: $1,357,012
- Related: $0
- Other: $75,126
- Compensation: $1,315,708
- Related: $0
- Other: $76,999
Official website here: www.sterncardio.com
Where can I find the form 990 for The Stern Cardiovascular Foundation Inc?
The Stern Cardiovascular Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sterncardio.com
Learn more at the official website: www.sterncardio.com
Mission Statement of The Stern Cardiovascular Foundation Inc
The Stern Cardiovascular Foundation, Inc. is a mission-driven organization dedicated to promoting community health through the provision of quality healthcare services. Established with a primary focus on geographically dispersed outpatient clinics, this foundation sets out to make essential medical care accessible to all, regardless of race, creed, sex, national origin, handicap, or age.
Serving patients from several states, including West Tennessee, East Arkansas, and North Mississippi, The Stern Cardiovascular Foundation, Inc. is committed to its community, providing free or subsidized care to those in need and offering services at below cost to individuals covered by governmental programs. In addition, the organization offers a range of health activities and programs to support the community, which includes wellness programs, community education programs, and specialized outpatient clinics for various health conditions.
The Stern Cardiovascular Foundation, Inc. has partnered with Baptist Memorial Health Care Corporation and now has 44 cardiologists on staff. With a significant presence in medical research and recognized as a leading cardiovascular research and treatment center, this foundation utilizes state-of-the-art medical technology and is dedicated to excellence and compassion in patient care. Offering a comprehensive range of services including inpatient and outpatient care, the organization caters to the diagnosis and treatment of cardiac needs and provides specialized clinics for conditions such as atrial fibrillation and chronic heart failure.
With an active base of approximately 82,000 patients, The Stern Cardiovascular Foundation, Inc. offers various outpatient services such as cardiac wellness exams, intervention, pacing and arrhythmia management, vascular screening exams, and device clinic. Educational sessions on lipid management, weight control, and healthy lifestyles are also provided to patients. Through its commitment to heart health, the foundation offers diagnostic tests and flu shots, as well as programs like the lipid, coumadin, and pacemaker clinics to help patients better understand and manage their cardiac health.
In summary, The Stern Cardiovascular Foundation, Inc. is a dedicated and compassionate organization that provides quality healthcare services to the community while promoting accessibility and affordability for all. Through its various programs and clinics, the foundation strives to improve the health and wellbeing of its patients, offering comprehensive and specialized care to cater to their unique needs.
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Impact
October, 2024
The Stern Cardiovascular Foundation Inc significantly enhances community health through comprehensive healthcare services, reaching a diverse population regardless of race, creed, or socioeconomic status. It serves an active patient base of approximately 82,000, providing both outpatient and inpatient care that focuses on cardiovascular health.
With a commitment to accessibility, the foundation offers free or subsidized care for individuals in need and has aligned with Baptist Memorial Health Care Corporation to maintain a network of 44 cardiologists. This collaboration positions the foundation as one of the leading cardiovascular research and treatment centers in the nation.
The foundation operates a variety of outpatient clinics focused on specialized needs such as atrial fibrillation and congestive heart failure, in addition to launching the Stern Cardiovascular Vein Center for chronic venous insufficiency and varicose veins. Their state-of-the-art medical technology facilitates approximately 12,600 inpatient tests and procedures annually, including cardiac catheterizations and electrophysiology studies.
Moreover, they emphasize preventive care through wellness programs and educational sessions, which teach patients about cardiac health and lifestyle changes essential for disease prevention. Their clinics also provide diagnostic tests and immunizations, making healthcare accessible even for routine needs.
Through its commitment to excellence and community engagement, The Stern Cardiovascular Foundation Inc plays a vital role in promoting heart health and improving healthcare outcomes for residents in West Tennessee, East Arkansas, and North Mississippi, particularly benefiting those in medically underserved rural areas.
This information is meant to be a general summary of The Stern Cardiovascular Foundation 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: -$19,821
- Program Service Revenue: $53,850,681
- Gross Receipts: $54,330,841
Assets and Liabilities:
- Total Assets: $22,108,211
- Total Liabilities: $272,128,451
- Net Assets: -$250,020,240
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PATIENT SERVICE REV.
Revenue
$53,841,587
OTHER OPERATING REV.
Revenue
$9,094
Organization Details
Founding Year
2010
Phone
(901) 271-2210Principal Officer
Steven S Gubin Md
Main Address
8060 WOLF RIVER BLVD, GERMANTOWN, TN, 38138
Website
www.sterncardio.comNTEE Category
Code: E32 - Health
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