Overview
What is Phelps Medical Services Pc?
Phelps Medical Services Pc is a tax-exempt corporation based in Sleepy Hollow, New York, with an address at 701 North Broadway, ZIP code 10591. This nonprofit organization was established to support the charitable purposes of Phelps Memorial Hospital Association. By engaging in the practice of medicine as directed by the hospital, Phelps Medical Services Pc aims to make a positive impact on the community. With a team of approximately 340 employees, the corporation contributes to the hospital's mission and works towards improving the health and well-being of those in need.
Official website here: www.northwell.edu
What are the reviews and ratings of this charity?
Charity Navigator rates Phelps Medical Services Pc with a score of 66%, resulting in a Two-Star out of Four Star rating. This score reflects the organization’s performance in the area of Accountability & Finance. While the organization demonstrates strong financial practices, such as a high program expense ratio and effective oversight policies, the overall rating is heavily impacted by the lack of independent board members.
The nonprofit has established notable policies, including a conflict of interest and a whistleblower policy, which are fully compliant with best practices. Additionally, it scores well on its audit and oversight committee performance, indicating that financial governance is taken seriously. However, despite these strengths, the absence of independent board members raises concerns about governance and accountability.
Moreover, the financial stability of the organization is called into question due to a liabilities to assets ratio of 144.59%, which is well above a healthy threshold. This could indicate potential financial risk, underscoring the importance of addressing board independence to bolster confidence in the organization’s sustainability and governance. Overall, while Phelps Medical Services Pc shows promise in certain areas, significant improvements are needed in governance to enhance its rating.
This AI summary has been generated from information found on Charity Navigator.
Is Phelps Medical Services Pc legitimate?
Phelps Medical Services Pc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Phelps Medical Services Pc 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: $64,602,182
For more financial information, click here
Official website here: www.northwell.edu
What is the mission statement of Phelps Medical Services Pc?
Phelps Medical Services Pc is a tax-exempt corporation established to support the charitable objectives of Phelps Memorial Hospital Association. Its primary role is to engage in the practice of medicine, contributing to the noble cause of the Hospital. The organization's mission is geared towards furthering the Hospital's charitable purposes by utilizing medical expertise as directed. By practicing medicine, Phelps Medical Services Pc aims to make a positive impact on the lives of those who seek care, aligning with the overarching mission of Phelps Memorial Hospital Association.
Official website here: www.northwell.edu
Who is the CEO of Phelps Medical Services Pc?
Michael Dowling is the Principal Officer of Phelps Medical Services Pc.
Official website here: www.northwell.edu
What is the revenue of Phelps Medical Services Pc?
Phelps Medical Services Pc's revenue in 2022 was $85,628,153.
Official website here: www.northwell.edu
Who are the executives of Phelps Medical Services Pc and what are their salaries?
The average compensation at Phelps Medical Services Pc during 2022 was $190,006. There are 340 employees at Phelps Medical Services Pc.
Here are 6 key members and their salaries:
- Compensation: $797,185
- Related: $0
- Other: $75,052
- Compensation: $647,612
- Related: $0
- Other: $75,052
- Compensation: $634,011
- Related: $0
- Other: $34,150
- Compensation: $585,612
- Related: $0
- Other: $75,052
- Compensation: $550,866
- Related: $0
- Other: $47,805
- Compensation: $0
- Related: $506,024
- Other: $52,242
Official website here: www.northwell.edu
Where can I find the form 990 for Phelps Medical Services Pc?
Phelps Medical Services Pc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.northwell.edu
Learn more at the official website: www.northwell.edu
Mission Statement of Phelps Medical Services Pc
Phelps Medical Services Pc, a tax-exempt corporation, is devoted to supporting the charitable purposes of Phelps Memorial Hospital Association. This organization carries out its mission by engaging in the practice of medicine. In simple terms, Phelps Medical Services Pc exists to reinforce and advance the altruistic objectives of Phelps Memorial Hospital Association through medical care, as directed by the hospital.
By enacting the healing arts, this nonprofit entity contributes significantly to the fulfillment of Phelps Memorial Hospital Association's noble mission. In doing so, they collaborate with the hospital to enhance and broaden the scope of its services, catering to the needs of various communities and improving overall health and well-being. By remaining committed to the medical practice, Phelps Medical Services Pc plays a crucial role in ensuring the hospital's charitable purposes are effectively achieved.
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Impact
October, 2024
Phelps Medical Services PC plays a vital role in supporting and enhancing healthcare delivery within its community by focusing on the practice of medicine. Located in Sleepy Hollow, NY, it directly contributes to the mission of Phelps Memorial Hospital Association, ensuring that the hospital can fulfill its charitable goals. By engaging in medical practices, the organization helps provide essential health services to the community, ultimately improving access to quality care. This impact is reflected in better patient outcomes and a stronger health infrastructure in the area, demonstrating a commitment to the well-being of the population it serves.
This information is meant to be a general summary of Phelps Medical Services Pc. 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: $81,329,499
- Gross Receipts: $85,628,153
Assets and Liabilities:
- Total Assets: $14,127,679
- Total Liabilities: $20,427,811
- Net Assets: -$6,300,132
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PHYSICIAN SERVICE REVENUE
Revenue
$67,757,414
COMPREHENSIVE PRIMARY CARE INITIATIVE
Revenue
$56,864
MEDICARE & MEDICAID
Revenue
$13,515,221
Organization Details
Founding Year
2010
Phone
(914) 366-1017Principal Officer
Michael Dowling
Main Address
701 NORTH BROADWAY, SLEEPY HOLLOW, NY, 10591
Website
www.northwell.eduNTEE Category
Code: E30 - Health
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