Overview
What is University Medical Diagnostic Associates?
University Medical Diagnostic Associates (UMDA) is a nonprofit organization affiliated with the Indiana University School of Medicine, located in Indianapolis, Indiana. UMDA's mission is twofold: providing patient services and offering medical education. The medical care is accessible to all individuals, regardless of their financial capabilities. The physicians and hospitals associated with UMDA adhere to charity care policies, ensuring that underprivileged patients receive necessary medical attention. UMDA also contributes to the Department of Medicine at the Indiana University School of Medicine and invests in initiatives that further medical research and education. UMDA's team consists of 140 employees.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
University Medical Diagnostic Associates has received a Two-Star out of Four Star rating from Charity Navigator, indicating significant areas for enhancement in its accountability and financial practices. The organization scored 64% overall, reflecting concerns primarily related to governance, including the absence of independent board members, which impacts decision-making transparency.
Despite these governance issues, the nonprofit demonstrates strengths in its financial management, with a high program expense ratio of 99.53%, indicating that nearly all funds are directed towards its programs. Additionally, it has policies in place for conflict of interest and whistleblowing, contributing to a level of operational integrity.
However, notable deficiencies exist, such as missing financial statements and a lack of independent oversight on the board. These limitations could hinder trust and confidence among stakeholders. Overall, while the organization appears committed to its mission operationally, it needs to improve governance structures to enhance its effectiveness and accountability.
This AI summary has been generated from information found on Charity Navigator.
Is University Medical Diagnostic Associates legitimate?
University Medical Diagnostic Associates is a legitimate nonprofit organization registered as a 501(c)(3) entity. University Medical Diagnostic Associates 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: $126,440
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of University Medical Diagnostic Associates?
University Medical Diagnostic Associates (UMDA) is a faculty practice group that offers medical education and patient services as an auxiliary to Indiana University School of Medicine. Their mission extends beyond providing medical care to all patients, regardless of their ability to pay. The member physicians and hospitals where they offer services maintain charity care policies for patients who cannot afford to pay. UMDA's contributions not only benefit the Department of Medicine at Indiana University School of Medicine but also foster activities that advance medical research and education. This includes providing necessary facilities to meet these objectives.
Who is the CEO of University Medical Diagnostic Associates?
Thomas Betley is the President/Physician of University Medical Diagnostic Associates.
What is the revenue of University Medical Diagnostic Associates?
University Medical Diagnostic Associates's revenue in 2023 was $84,263,194.
Who are the executives of University Medical Diagnostic Associates and what are their salaries?
The average compensation at University Medical Diagnostic Associates during 2023 was $903. There are 140 employees at University Medical Diagnostic Associates.
Here are 19 key members and their salaries:
- Compensation: $0
- Related: $55,000
- Other: $0
- Compensation: $98,314
- Related: $70,000
- Other: $0
- Compensation: $6,542
- Related: $70,000
- Other: $0
- Compensation: $0
- Related: $70,000
- Other: $0
- Compensation: $0
- Related: $60,000
- Other: $0
- Compensation: $0
- Related: $60,000
- Other: $0
- Compensation: $0
- Related: $300,000
- Other: $0
- Compensation: $4,000
- Related: $70,000
- Other: $0
- Compensation: $0
- Related: $60,000
- Other: $0
- Compensation: $6,500
- Related: $70,000
- Other: $0
- Compensation: $0
- Related: $70,000
- Other: $0
- Compensation: $3,600
- Related: $70,000
- Other: $0
- Compensation: $11,415
- Related: $70,000
- Other: $0
- Compensation: $0
- Related: $70,000
- Other: $0
- Compensation: $0
- Related: $146,095
- Other: $0
- Compensation: $123,752
- Related: $50,000
- Other: $0
- Compensation: $103,142
- Related: $70,000
- Other: $0
- Compensation: $100,523
- Related: $69,167
- Other: $0
- Compensation: $102,455
- Related: $70,000
- Other: $0
Where can I find the form 990 for University Medical Diagnostic Associates?
University Medical Diagnostic Associates's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of University Medical Diagnostic Associates
University Medical Diagnostic Associates (UMDA) is a faculty practice group dedicated to providing medical education and patient services in support of the Indiana University School of Medicine. The organization offers medical care to all individuals, regardless of their ability to pay. The member physicians and hospitals affiliated with UMDA maintain charity care policies for those financially unable to pay. UMDA exists not only to serve patients but also to contribute to the Indiana University School of Medicine and further the progress of medical research and education. These contributions include providing necessary facilities to meet these objectives. The mission of University Medical Diagnostic Associates is to enhance the medical education experience at the Indiana University School of Medicine and offer patient services, all while ensuring accessibility to medical care for all. The team of dedicated medical professionals and institutions associated with UMDA work towards advancing medical knowledge and delivering compassionate care to all who require it.
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Impact
October, 2024
University Medical Diagnostic Associates (UMDA) plays a pivotal role in the healthcare landscape by integrating medical education with patient services in collaboration with the Indiana University School of Medicine. It ensures that all patients receive high-quality medical care, regardless of their financial situation, through a commitment to accessible healthcare.
UMDA not only supports patient services but also focuses on the advancement of medical education and research, contributing resources necessary for the development and implementation of these vital programs. Its emphasis on providing care to those unable to pay underscores its dedication to community health and inclusivity, while its association with a leading medical school promotes an environment where future healthcare professionals can learn and practice under expert supervision.
By facilitating these comprehensive healthcare services, UMDA enhances health outcomes in the Indianapolis area and beyond, demonstrating a profound impact on both individual lives and the broader community.
This information is meant to be a general summary of University Medical Diagnostic Associates. 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: $679,064
- Program Service Revenue: $72,919,403
- Gross Receipts: $84,263,194
Assets and Liabilities:
- Total Assets: $63,066,203
- Total Liabilities: $1,283,527
- Net Assets: $61,782,676
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NET PATIENT SERVICE REVENUE
Revenue
$72,919,403
Organization Details
Founding Year
1987
Phone
(317) 278-1267Principal Officer
Thomas Betley
Main Address
545 BARNHILL DRIVE 336, INDIANAPOLIS, IN, 46202
NTEE Category
Code: E32Z - Health
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