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Fairview Physician Associates Network

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 411753325 ✦ Edina, MN ✦ Designated as a 501(c)(3)

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Overview

What is Fairview Physician Associates Network?

Fairview Physician Associates Network (FPA) is a nonprofit organization with a mission to enhance community health by enhancing the quality of healthcare services. With over 4,000 providers, FPA offers a wide range of healthcare services to over 525,000 individuals through various contracts. FPA assumes risk for over 438,000 member lives in shared savings incentives, aiming to improve quality, patient experience, and reduce costs. Many of its health improvement and population management initiatives are designed to benefit the entire population served through its affiliated clinics and Fairview hospitals, a testament to its commitment to community health. The organization employs about 13 individuals.


Official website here: www.fpanetwork.org

What are the reviews and ratings of this charity?

**Charity Navigator Rating: 96% (Four-Star out of Four Star Rating)**

Fairview Physician Associates Network has received an impressive Four-Star rating from Charity Navigator, signifying a strong commitment to accountability and financial health. The organization scored 96%, primarily based on its stellar accountability and finance metrics, showcasing robust governance and transparency. Key factors contributing to this rating include a majority of independent board members, a solid program expense ratio, and well-maintained policies around conflict of interest and whistleblower protections.

Strengths highlighted include their effective management of assets, with no material diversion noted, and a high program expense ratio of 91.58%, indicating that a large majority of funds are directed toward its mission-driven activities. Independent oversight and a comprehensive audit committee further bolster their credibility, reassuring donors regarding the financial integrity of the nonprofit.

However, the charity has received a deduction for not posting its tax form on its website, which points to a potential area for improvement in transparency. Overall, Fairview Physician Associates Network demonstrates strong financial stewardship and governance, but addressing minor lapses in information accessibility could enhance its accountability further.

**GreatNonprofits User Reviews: Not Available**


This AI summary has been generated from information found on Charity Navigator.

Is Fairview Physician Associates Network legitimate?

Fairview Physician Associates Network is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fairview Physician Associates Network 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: $258,703
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,110,673

For more financial information, click here


Official website here: www.fpanetwork.org

What is the mission statement of Fairview Physician Associates Network?

Fairview Physician Associates Network, an integrated network of over 4,000 healthcare providers, is driven by a mission to enhance community health. They strive to continuously improve the quality of healthcare services, focusing on individual health outcomes. Their objective is to deliver quality care, ensure patient satisfaction, and reduce the overall cost of care. As a nonprofit organization, led by both physicians and clinic administrators, Fairview Physician Associates Network is committed to providing personalized healthcare that caters to the specific needs of its defined community.


Official website here: www.fpanetwork.org

Who is the CEO of Fairview Physician Associates Network?

Unavailable


Official website here: www.fpanetwork.org

What is the revenue of Fairview Physician Associates Network?

Fairview Physician Associates Network's revenue in 2022 was $8,084,073.


Official website here: www.fpanetwork.org

Who are the executives of Fairview Physician Associates Network and what are their salaries?

The average compensation at Fairview Physician Associates Network during 2022 was $182,260. There are 13 employees at Fairview Physician Associates Network.


Here are 17 key members and their salaries:


Brad Wallin (Chair)
  • Compensation: $0
  • Related: $20,000
  • Other: $0
James Hereford (Director)
  • Compensation: $0
  • Related: $3,370,758
  • Other: $116,860
John Kvasnicka (Fpan President & Phy Chf Spec Svcs)
  • Compensation: $0
  • Related: $619,459
  • Other: $111,997
Joseph Gaylord (Treasurer)
  • Compensation: $0
  • Related: $714,491
  • Other: $39,425
Michael Connly (Vice Chair)
  • Compensation: $0
  • Related: $25,000
  • Other: $0
Rich Ostlund (Director)
  • Compensation: $0
  • Related: $35,000
  • Other: $0
Scott Garavet (Vp & Secretary)
  • Compensation: $258,704
  • Related: $0
  • Other: $31,531
Barclay Berdan (Director)
  • Compensation: $0
  • Related: $20,000
  • Other: $0
Jodi Richard (Director)
  • Compensation: $0
  • Related: $25,000
  • Other: $0
Julie Causey (Director)
  • Compensation: $0
  • Related: $25,000
  • Other: $0
Myron Frans (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ashley Nguyen (Principal Analytics Consultant)
  • Compensation: $130,905
  • Related: $0
  • Other: $28,034
Britta Hovey (Dir Network Ops & Develop)
  • Compensation: $177,880
  • Related: $0
  • Other: $24,956
Donald Phibbs (Finance Mgr/Contract)
  • Compensation: $135,192
  • Related: $0
  • Other: $27,009
Kimberly Thompson (Provider Enrollment Mgr)
  • Compensation: $91,405
  • Related: $0
  • Other: $26,723
Lynn Goodenough (Network Op Manager)
  • Compensation: $130,322
  • Related: $0
  • Other: $22,984
Jeoff Will (Former Officer)
  • Compensation: $0
  • Related: $721,572
  • Other: $124,326


Official website here: www.fpanetwork.org

Where can I find the form 990 for Fairview Physician Associates Network?

Fairview Physician Associates Network's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.fpanetwork.org

Learn more at the official website: www.fpanetwork.org

Mission Statement of Fairview Physician Associates Network

Fairview Physician Associates Network, a physician-led nonprofit organization with over 4,000 providers, is committed to improving the health of its community. It aims to achieve this objective by continually enhancing the quality of healthcare services it delivers to individuals. The network's mission is to provide personalized care that leads to improved health outcomes for the people it serves while ensuring quality, patient satisfaction, and cost-effectiveness. As a nonprofit entity, Fairview Physician Associates Network is dedicated to making a meaningful impact on the health of its community and improving the overall healthcare experience for its patients.

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Impact




July, 2024

Fairview Physician Associates Network's impact is significant in advancing the health of the community by continuously improving the quality of healthcare services delivered to individuals. The network provides a broad array of healthcare services to over 525,000 individuals through contracts with purchasers and payers. By assuming risk for over 438,000 member lives in shared savings incentives and focusing on initiatives to increase quality, improve patient experience, and decrease costs, Fairview Physician Associates Network plays a crucial role in enhancing health outcomes and reducing the total cost of care for the population it serves.




This information is meant to be a general summary of Fairview Physician Associates Network. 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.

Revenue
$8,084,073 (2022)
Expenses
$5,610,894 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $787,059
  • Program Service Revenue: $7,297,014
  • Gross Receipts: $8,094,666

Assets and Liabilities:

  • Total Assets: $48,954,958
  • Total Liabilities: $14,856,390
  • Net Assets: $34,098,568

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Program Service Revenue

Revenue

$7,297,014

Organization Details

Founding Year

1993

Main Address

7505 Metro Blvd Suite 315, Edina, MN, 554393020

NTEE Category

Code: E300 - Health

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