Overview
What is Ascension Medical Group Promed?
Ascension Medical Group Promed is a nonprofit organization based in St. Louis, Missouri, dedicated to delivering essential medical services to the community. They train and recruit healthcare professionals, provide charity services to underprivileged patients, and partner with other organizations to enhance their ability to serve their constituents. The organization, rooted in the loving ministry of Jesus as a healer, aims to spiritually and holistically improve the health and well-being of individuals and communities. As part of the Ascension Catholic health ministry, they commit to serving all persons, especially the poor and vulnerable, and advocate for a compassionate and just society. With a workforce of 332 employees, they serve their mission in St. Louis and beyond.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Ascension Medical Group Promed has received a two-star rating from Charity Navigator, indicating significant areas for improvement. The overall score is 64%, reflecting challenges in governance, particularly the absence of independent board members, which raises concerns about oversight and accountability. While the organization has strong financial controls, with no reported material diversion of assets, the lack of transparency in board composition and missing financial statements on their website are notable weaknesses.
The nonprofit does perform well in program expense ratio, allocating 82.82% of its resources directly to its programs, which is a positive aspect highlighting its commitment to its mission. Furthermore, it has implemented key policies such as conflict of interest and whistleblower policies, which suggests a framework for ethical governance. However, the low liability to assets ratio of 225.44% indicates potential financial instability, which could impact operations.
Overall, while Ascension Medical Group Promed shows dedication to its services and adheres to several important governance practices, the lack of independent oversight and transparency are significant limitations that may affect donor trust and organizational effectiveness. Addressing these areas could enhance its rating and overall impact in the community.
This AI summary has been generated from information found on Charity Navigator.
Is Ascension Medical Group Promed legitimate?
Ascension Medical Group Promed is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ascension Medical Group Promed 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: $712,298
Professional Fundraising Fees: $0
Other Salaries and Wages: $70,562,315
For more financial information, click here
What is the mission statement of Ascension Medical Group Promed?
Ascension Medical Group Promed is rooted in the loving ministry of Jesus as a healer and is committed to serving all individuals, with a special focus on those who are poor and vulnerable. This Catholic health ministry is dedicated to providing spiritually-centered, holistic care that sustains and improves the health of individuals and communities. The team at Ascension Medical Group Promed advocates for a compassionate and just society through their actions and words. Their mission is to improve the health and well-being of all people they serve, reflecting their dedication to making a positive impact in the communities they are part of.
What is the revenue of Ascension Medical Group Promed?
Ascension Medical Group Promed's revenue in 2023 was $98,522,990.
Who are the executives of Ascension Medical Group Promed and what are their salaries?
The average compensation at Ascension Medical Group Promed during 2023 was $224,134. There are 318 employees at Ascension Medical Group Promed.
Here are 23 key members and their salaries:
- Compensation: $0
- Related: $1,547,996
- Other: $37,944
- Compensation: $0
- Related: $2,332,003
- Other: $54,191
- Compensation: $0
- Related: $3,809,601
- Other: $47,680
- Compensation: $0
- Related: $781,104
- Other: $44,905
- Compensation: $0
- Related: $478,088
- Other: $45,747
- Compensation: $0
- Related: $397,788
- Other: $39,910
- Compensation: $0
- Related: $253,344
- Other: $25,065
- Compensation: $0
- Related: $399,106
- Other: $46,179
- Compensation: $0
- Related: $382,810
- Other: $26,130
- Compensation: $0
- Related: $486,842
- Other: $51,707
- Compensation: $0
- Related: $493,184
- Other: $48,340
- Compensation: $676,659
- Related: $0
- Other: $35,639
- Compensation: $0
- Related: $415,649
- Other: $22,600
- Compensation: $0
- Related: $452,745
- Other: $38,951
- Compensation: $0
- Related: $313,904
- Other: $19,904
- Compensation: $0
- Related: $670,046
- Other: $35,511
- Compensation: $1,135,157
- Related: $0
- Other: $38,977
- Compensation: $1,093,931
- Related: $0
- Other: $52,371
- Compensation: $1,169,792
- Related: $0
- Other: $45,204
- Compensation: $1,290,942
- Related: $0
- Other: $32,114
- Compensation: $1,315,207
- Related: $0
- Other: $41,201
- Compensation: $0
- Related: $1,697,523
- Other: $9,189
- Compensation: $0
- Related: $315,191
- Other: $35,670
Where can I find the form 990 for Ascension Medical Group Promed?
Ascension Medical Group Promed's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Ascension Medical Group Promed
Ascension Medical Group Promed, rooted in the loving ministry of Jesus as Healer, is a Catholic health ministry committed to serving all persons, with special attention to those who are poor and vulnerable. Their mission is spiritually-centered and holistic, focusing on improving the health and well-being of individuals and communities.
This compassionate organization is dedicated to providing compassionate care that sustains and enhances the health of the people it serves. Ascension Medical Group Promed goes beyond the conventional medical approach, addressing the physical, mental, and spiritual needs of its patients.
The team at Ascension Medical Group Promed advocates for a just society through their actions and words. They are committed to being advocates for those who are often overlooked, ensuring that everyone has access to quality healthcare and the opportunity to live healthy and fulfilling lives. By putting faith into action, Ascension Medical Group Promed aims to create a positive impact on the lives of the people they serve and the communities they touch.
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Impact
October, 2024
Ascension Medical Group Promed significantly enhances community health and well-being through a variety of essential medical services and initiatives. It addresses the healthcare needs of diverse populations by providing accessible medical care, particularly for those who may have financial constraints. This includes offering charity services to patients who cannot afford their healthcare needs, ensuring that essential health services are within reach for everyone in the community.
The organization also plays a crucial role in training and recruiting healthcare professionals, thereby bolstering the local healthcare workforce to better serve community needs. Additionally, by partnering with other organizations, Ascension Medical Group Promed facilitates the delivery of quality healthcare services to broader audiences, ensuring comprehensive support across various health needs.
Educational programs and health information activities are integral to their mission, serving to improve overall health literacy and empower community members to take charge of their health. This holistic approach aligns with their commitment to compassionate care, particularly for vulnerable populations, ultimately fostering a healthier society. Ascension Medical Group Promed stands as a vital resource in St. Louis, dedicated to sustaining and enhancing the health of individuals and the community at large.
This information is meant to be a general summary of Ascension Medical Group Promed. 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.
- Program Service Revenue: $96,617,696
- Gross Receipts: $98,842,099
Assets and Liabilities:
- Total Assets: $8,303,013
- Total Liabilities: $20,663,969
- Net Assets: -$12,360,956
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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
$89,115,199
Management Incentive Fees
Revenue
$5,155,121
Services to Affiliates
Revenue
$1,673,955
Management Fees
Revenue
$289,369
Contracted Services Revenue
Revenue
$233,461
Organization Details
Founding Year
1994
NTEE Category
Code: E31Z - Health
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