Overview
What is Ridgeview Clinics?
Ridgeview Clinics is a nonprofit organization located in Waconia, Minnesota, with an address at 500 South Maple Street, 55387. They are dedicated to delivering healthcare services to the communities surrounding Ridgeview Medical Center. The clinic offers free medical care to patients participating in research studies. Ridgeview Clinics makes its facilities available to various organizations for public use. The mission of Ridgeview Clinics is to cater to the healthcare needs of the community served by Ridgeview Medical Center. Currently, the organization employs a team of 65 individuals.
Official website here: www.ridgeviewmedical.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 66%, Two-Star out of Four Star Rating
Ridgeview Clinics has received a Two-Star rating from Charity Navigator, reflecting a score of 66%. This rating is based solely on the Accountability & Finance beacon, which highlights the organization's governance and financial practices. While the charity has demonstrated strong financial oversight, evidenced by a well-rated audit and oversight committee, it lacks independent board members, which negatively impacts its governance score.
Strengths of Ridgeview Clinics include a high program expense ratio of 94.99%, indicating that a significant portion of its funds is utilized for programmatic activities rather than administrative costs. Additionally, the organization has effective policies in place, such as a conflict of interest policy and a whistleblower policy, which are listed and compliant with best practices.
However, the absence of independent board members and the missing tax form on the nonprofit's website raise concerns regarding its governance and transparency. Furthermore, the liabilities to assets ratio is alarmingly high at 810.12%, suggesting potential financial instability, which could be a significant limitation in its operational capacity. Overall, while there are positive aspects to Ridgeview Clinics' operations, the governance and financial metrics reveal areas that require improvement.
This AI summary has been generated from information found on Charity Navigator.
Is Ridgeview Clinics legitimate?
Ridgeview Clinics is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ridgeview Clinics 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: $19,609,043
For more financial information, click here
Official website here: www.ridgeviewmedical.org
What is the mission statement of Ridgeview Clinics?
Ridgeview Clinics are committed to delivering healthcare services to the community they serve. Their mission is geared towards providing essential medical care, free of charge, to participants in research studies. The clinics also generously offer their facilities to organizations for public use. By focusing on healthcare provision, Ridgeview Clinics aim to improve the overall wellbeing of their community. Their dedication extends beyond treatment, with a commitment to advancing medical knowledge through research. The clinic's facilities serve as a hub for both clinical care and scientific discovery.
Official website here: www.ridgeviewmedical.org
Who is the CEO of Ridgeview Clinics?
Michael Phelps is the Board Chair of Ridgeview Clinics. The CEO's salary of Ridgeview Clinics is $0 and their total compensation is $381,798.
Official website here: www.ridgeviewmedical.org
What is the revenue of Ridgeview Clinics?
Ridgeview Clinics's revenue in 2022 was $22,739,282.
Official website here: www.ridgeviewmedical.org
Who are the executives of Ridgeview Clinics and what are their salaries?
The average compensation at Ridgeview Clinics during 2022 was $301,678. There are 65 employees at Ridgeview Clinics.
Here are 10 key members and their salaries (Ridgeview Clinics's CEO's salary is $0 and their total compensation is $381,798):
- Compensation: $0
- Related: $1,274,183
- Other: $64,040
- Compensation: $1,031,377
- Related: $0
- Other: $68,694
- Compensation: $973,729
- Related: $0
- Other: $78,002
- Compensation: $869,001
- Related: $0
- Other: $89,415
- Compensation: $734,145
- Related: $0
- Other: $77,900
- Compensation: $507,796
- Related: $0
- Other: $71,413
- Compensation: $0
- Related: $490,798
- Other: $61,669
- Compensation: $0
- Related: $361,975
- Other: $58,089
- Compensation: $0
- Related: $363,774
- Other: $18,024
- Compensation: $0
- Related: $230,881
- Other: $38,247
Official website here: www.ridgeviewmedical.org
Where can I find the form 990 for Ridgeview Clinics?
Ridgeview Clinics's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ridgeviewmedical.org
Learn more at the official website: www.ridgeviewmedical.org
Mission Statement of Ridgeview Clinics
Ridgeview Clinics, a dedicated nonprofit organization, is committed to delivering healthcare services to the community that falls under the purview of Ridgeview Medical Center. With a mission to provide essential medical care, Ridgeview Clinics goes above and beyond to cater to the health needs of the surrounding community.
In their endeavor to make a difference, Ridgeview Clinics offers free medical care to all patients who participate in their research studies. By opening up their facilities to various organizations for public use, they further extend their reach and enhance their impact. The organization's unwavering dedication to healthcare is evidenced through their unyielding commitment to provide access to quality medical services for all.
Ridgeview Clinics' mission is not just about providing healthcare services; it's about making a positive difference in people's lives. Their team of healthcare professionals works tirelessly to ensure the well-being of their patients, focusing on prevention, diagnosis, and treatment. By offering free medical care to patients participating in research studies, Ridgeview Clinics not only provides essential care but also contributes to the advancement of medical knowledge.
The organization's selfless approach to healthcare extends beyond their four walls. Ridgeview Clinics' facilities are made available for public use, allowing them to collaborate with other organizations and expand their reach. This collaborative spirit further strengthens their ability to positively impact the lives of those in need.
In summary, Ridgeview Clinics is a beacon of hope and care for the community they serve. Their mission to provide healthcare services is a testament to their commitment and dedication to making a difference in people's lives. By offering free medical care to research participants and making their facilities available for public use, they are working towards a healthier and stronger community.
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Impact
October, 2024
Ridgeview Clinics plays a crucial role in enhancing the health and well-being of the communities surrounding Ridgeview Medical Center in Waconia, MN. By providing accessible healthcare services, it ensures that individuals receive necessary medical attention, regardless of their financial circumstances. This includes offering free medical care to patients participating in research studies, which not only aids in advancing medical knowledge but also promotes community involvement in healthcare initiatives.
Moreover, Ridgeview Clinics opens its facilities for public use by various organizations, fostering a collaborative environment that further supports community health. Through these efforts, Ridgeview Clinics stands as a vital resource, improving health outcomes and encouraging a proactive approach to wellness in its community.
This information is meant to be a general summary of Ridgeview Clinics. 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: $22,739,282
- Gross Receipts: $22,739,282
Assets and Liabilities:
- Total Assets: $2,053,424
- Total Liabilities: $16,635,333
- Net Assets: -$14,581,909
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROVIDER-BASED FEES
Revenue
$22,739,282
Organization Details
Founding Year
1989
Phone
(952) 442-2191Principal Officer
Michael Phelps
Main Address
500 SOUTH MAPLE STREET, WACONIA, MN, 55387
Website
www.ridgeviewmedical.orgNTEE Category
Code: E22 - Health
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