Overview
What is Semmes-Murphey Foundation?
The Semmes-Murphey Foundation, located in Memphis, Tennessee, is a dedicated nonprofit organization. Its primary mission is to advance the field of neurosurgery, neurology, and related disciplines. This is achieved through clinical practice, surgical care, and the development of improved methods, systems, techniques, and resources. The foundation also promotes opportunities for medical education in collaboration with various institutions. Furthermore, it engages in clinical and scientific research in conjunction with professional medical and surgical practice. The foundation is committed to providing medical and surgical patient care, health education, and guidance, as well as other therapeutic health services, without discrimination based on factors such as race, religion, or ability to pay. The organization currently employs 29 individuals.
Official website here: www.semmesmurphey-foundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
The Semmes-Murphey Foundation received a Two-Star out of Four Star rating from Charity Navigator, reflecting a 67% overall score that indicates areas requiring attention, particularly in governance and financial transparency. The foundation's accountability measures, such as the absence of a majority of independent board members and several low scores in key policies, suggest room for improvement in its organizational structure.
Despite these issues, the foundation shows strengths in its program expense ratio, allocating 83.24% of its resources directly to programs. The material diversion of assets received a perfect score, indicating effective oversight in that area. Additionally, the organization maintains a healthy working capital ratio, suggesting a solid short-term financial position.
However, limitations are evident in the foundation’s lack of a whistleblower policy and document retention practices, which are essential for promoting ethical governance. Furthermore, the fundraising efficiency ratio is notably low, which may hinder the foundation's ability to expand its outreach and impact. Overall, while the Semmes-Murphey Foundation demonstrates a commitment to its programs, enhancing governance practices and financial efficiency could significantly strengthen its overall effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Semmes-Murphey Foundation legitimate?
Semmes-Murphey Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Semmes-Murphey Foundation 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: $94,148
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,083,419
For more financial information, click here
Official website here: www.semmesmurphey-foundation.org
What is the mission statement of Semmes-Murphey Foundation?
The Semmes-Murphey Foundation's mission is centered around advancing the field of neurology and related disciplines. This is achieved through various means, including the practice of clinical medicine, the provision of surgical care, and the development of improved methods, systems, techniques, and resources. The foundation also prioritizes graduate and postgraduate medical education, collaborating with institutions to provide opportunities for learning. Additionally, they engage in clinical and scientific research in conjunction with medical and surgical practice. Lastly, they offer professional medical and surgical patient care, health education, and guidance, providing therapeutic health services to individuals and families, regardless of their backgrounds or financial abilities.
Official website here: www.semmesmurphey-foundation.org
Who is the CEO of Semmes-Murphey Foundation?
Jennifer Balink is the Chairman of Semmes-Murphey Foundation.
Official website here: www.semmesmurphey-foundation.org
What is the revenue of Semmes-Murphey Foundation?
Semmes-Murphey Foundation's revenue in 2022 was $2,199,336.
Official website here: www.semmesmurphey-foundation.org
Who are the executives of Semmes-Murphey Foundation and what are their salaries?
The average compensation at Semmes-Murphey Foundation during 2022 was $40,606. There are 29 employees at Semmes-Murphey Foundation.
Here are 14 key members and their salaries:
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- Compensation: $97,264
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- Other: $22,889
Official website here: www.semmesmurphey-foundation.org
Where can I find the form 990 for Semmes-Murphey Foundation?
Semmes-Murphey Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.semmesmurphey-foundation.org
Learn more at the official website: www.semmesmurphey-foundation.org
Mission Statement of Semmes-Murphey Foundation
The Semmes-Murphey Foundation is committed to advancing the fields of neurology, neurosurgery, and related disciplines. They achieve this goal through various means, including the practice of clinical medicine, the provision of surgical care, and the development of improved methods, systems, techniques, and resources in these fields. The organization also prioritizes education, establishing and promoting opportunities for graduate and postgraduate medical education in collaboration with relevant institutions. Furthermore, Semmes-Murphey Foundation engages in clinical and scientific research, integrating it with professional medical and surgical practice. Lastly, they offer professional medical and surgical patient care, health education, guidance, and other therapeutic health services to individuals and families, regardless of their race, creed, color, sex, age, religion, national origin, disability, health status, veteran status, or ability to pay.
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Impact
July, 2024
Semmes-Murphey Foundation has made a significant impact in advancing the fields of neurosurgery, neurology, and related disciplines. Through its practice of clinical medicine and provision of surgical care, the foundation has contributed to the development of improved methods, systems, techniques, and resources in these areas. Additionally, their efforts to establish and promote opportunities for graduate and postgraduate medical education have helped train physicians in the art and science of endovascular neurosurgery.
Furthermore, the foundation's engagement in clinical and scientific research, in conjunction with professional medical and surgical patient care, has enhanced healthcare services for individuals and families. Importantly, Semmes-Murphey Foundation provides these services without regard to factors such as race, creed, color, sex, age, religion, national origin, disability, or ability to pay. Through its dedication to education, research, and patient care, the foundation has positively impacted the field of neurosurgery and the overall health and well-being of the community it serves.
This information is meant to be a general summary of Semmes-Murphey Foundation. 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: $1,276,509
- Gross Receipts: $2,199,336
Assets and Liabilities:
- Total Assets: $3,517,963
- Total Liabilities: $2,177,072
- Net Assets: $1,340,891
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SERVICE FEES
Revenue
$1,276,509
Organization Details
Founding Year
2007
Phone
(901) 259-8218Principal Officer
Jennifer Balink
Main Address
6325 HUMPHREYS BLVD, MEMPHIS, TN, 38120
NTEE Category
Code: B500 - Education
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