Overview
What is Avalon Medical Development Corportaion?
Avalon Medical Development Corporation is a nonprofit organization based in Avalon, CA. They are dedicated to providing healthcare benefits to their community through the operation of Catalina Island Medical Center, an ambulatory health center and community clinic. This crucial institution aims to improve the wellbeing of the local population by offering essential healthcare services and functioning as a community clinic.
What are the reviews and ratings of this charity?
Charity Navigator rating: 81% (Three-Star out of Four Stars)
Avalon Medical Development Corporation has received a Three-Star rating, indicating a good level of accountability and financial health. The overall score is based entirely on its Accountability & Finance performance, which stands at 81%. The organization benefits from a board that is fully independent, showcasing a commitment to transparency and governance.
Strengths highlighted in the evaluation include an independent board comprised of 12 members, a solid audit and oversight committee, and no material diversion of assets, which reflects responsible management practices. The organization also demonstrates a good ratio of liabilities to assets, indicating financial stability, and maintains a conflict of interest policy.
However, there are notable limitations, particularly regarding the absence of a whistleblower policy and failure to provide board meeting minutes, which could raise concerns about transparency in governance practices. Additionally, while the program expense ratio is decent, it could be improved to enhance funding for direct services. Overall, while Avalon Medical Development Corporation shows strong governance, addressing these weaknesses could further strengthen its accountability framework.
This AI summary has been generated from information found on Charity Navigator.
Is Avalon Medical Development Corportaion legitimate?
Avalon Medical Development Corportaion is a legitimate nonprofit organization registered as a 501(c)(3) entity. Avalon Medical Development Corportaion 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: $656,572
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,599,814
For more financial information, click here
What is the mission statement of Avalon Medical Development Corportaion?
Avalon Medical Development Corporation is dedicated to providing healthcare benefits to the community. Through the operation of Catalina Island Medical Center, an ambulatory health center and community clinic, they strive to make healthcare accessible to the public. The medical center in Avalon, California, serves as a vital resource for the community, offering essential healthcare services. By focusing on the wellbeing of the community, Avalon Medical Development Corporation is committed to improving the health and quality of life for individuals in need. The organization's mission is to make a difference in people's lives by delivering top-notch healthcare services. Catalina Island Medical Center's team of healthcare professionals is dedicated to providing compassionate care and ensuring that every patient receives the attention they deserve. The center offers a wide range of medical services to cater to the diverse healthcare needs of the community.
Who is the CEO of Avalon Medical Development Corportaion?
Jason Paret is the Ceo of Avalon Medical Development Corportaion. The CEO's salary of Avalon Medical Development Corportaion is $497,001 and their total compensation is $497,001.
What is the revenue of Avalon Medical Development Corportaion?
Avalon Medical Development Corportaion's revenue in 2022 was $16,117,549.
Who are the executives of Avalon Medical Development Corportaion and what are their salaries?
The average compensation at Avalon Medical Development Corportaion during 2022 was $49,125. There are 107 employees at Avalon Medical Development Corportaion.
Here are 6 key members and their salaries (Avalon Medical Development Corportaion's CEO's salary is $497,001 and their total compensation is $497,001):
- Compensation: $497,001
- Related: $0
- Other: $0
- Compensation: $147,545
- Related: $0
- Other: $0
- Compensation: $159,571
- Related: $0
- Other: $0
- Compensation: $156,539
- Related: $0
- Other: $0
- Compensation: $183,329
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Avalon Medical Development Corportaion?
Avalon Medical Development Corportaion's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Avalon Medical Development Corportaion
Avalon Medical Development Corporation, also known as Avalon Medical, is a dedicated organization that strives to make a difference in the community through healthcare benefits. By operating as an ambulatory health center and community clinic, this mission-driven corporation brings essential medical services to those in need.
Located in Avalon, California, Avalon Medical is more than just a healthcare provider. It serves as a vital resource for individuals seeking access to quality medical care. The team at Avalon Medical is committed to delivering healthcare services that cater to the unique needs of the community. Their efforts extend beyond treating illnesses, as they also focus on promoting overall health and well-being.
In its role as a community clinic, Avalon Medical provides a range of healthcare services. These services include but are not limited to preventative care, diagnostic testing, and treatment for various medical conditions. By offering these benefits, Avalon Medical empowers individuals to take control of their health and leads to improved community health outcomes.
Moreover, Avalon Medical's dedication to the community goes beyond the scope of traditional healthcare services. They are invested in the overall well-being of their patients, striving to address the social determinants of health that can impact access to care. This includes efforts to address transportation, housing, and economic challenges that may prevent individuals from accessing necessary medical services.
In summary, Avalon Medical Development Corporation, located in Avalon, California, is a mission-driven organization that provides healthcare benefits to the community through its role as an ambulatory health center and community clinic. Their commitment extends beyond treating medical conditions, as they focus on addressing the social determinants of health and promoting overall community well-being.
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Impact
October, 2024
Avalon Medical Development Corporation plays a crucial role in enhancing healthcare access and services for the community of Avalon, CA. By operating the Catalina Island Medical Center, it provides essential healthcare benefits, acting as both an ambulatory health center and a community clinic. Its mission is centered around delivering quality healthcare, ensuring that residents and visitors alike have access to necessary medical services. This impact is significant for a remote location like Avalon, where healthcare resources can be limited. The organization fosters a healthier community through its dedication to providing comprehensive medical care and support for various health needs.
This information is meant to be a general summary of Avalon Medical Development Corportaion. 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: $4,440
- Program Service Revenue: $13,080,034
- Gross Receipts: $16,117,549
Assets and Liabilities:
- Total Assets: $9,855,020
- Total Liabilities: $5,149,799
- Net Assets: $4,705,221
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Prog Service Revenue
Revenue
$13,080,034
Organization Details
Founding Year
1987
Phone
(310) 510-0700Principal Officer
Jason Paret
Main Address
PO BOX 1563, AVALON, CA, 90704
NTEE Category
Code: E32Z - Health
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