Overview
What is Memphis Lung Physicians Foundation Inc?
Memphis Lung Physicians Foundation Inc is a nonprofit organization in Memphis, Tennessee, located at 350 N Humphreys Blvd, ZIP code 38120. The foundation specializes in providing quality medical healthcare services, focusing on pulmonary, critical care, and sleep medicine. They cater to individuals regardless of race, creed, sex, national origin, handicap, or age. To ensure accessibility to healthcare for all, the foundation offers free or subsidized care for those in need, cares for individuals covered by governmental programs at below cost, and conducts community health activities and programs. The organization has a longstanding partnership with Baptist Memorial Health Care Corporation and related entities, contributing significantly to the development of internationally recognized intensive care services and sleep medicine offered by the hospitals. Physicians at Memphis Lung Physicians Foundation Inc have made strides in decreasing hospital-acquired infections in Baptist Memorial Hospitals' intensive care units, leading to a decrease in mortality for patients with septic shock. The foundation's efforts have resulted in the hospitals receiving the U.S. Department of Health and Human Services' Sustained Improvement Award, an honor earned by only a few hospitals in the country.
Official website here: www.memphislung.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Memphis Lung Physicians Foundation Inc has received a Two-Star out of Four Star rating from Charity Navigator, indicating a need for improvement in certain areas. With an overall score of 66%, the organization shows strong performance in program expenses, with 93.85% of its budget allocated to programs. However, the lack of independent board members significantly impacts its accountability and governance scores.
The foundation scores well in several governance aspects, including financial oversight and the presence of key policies such as conflict of interest and whistleblower protection. However, the absence of independent board members raises concerns about potential conflicts of interest and overall accountability. Furthermore, the foundation has a high liabilities-to-assets ratio, which could indicate financial vulnerability.
While the organization demonstrates transparency in many operational practices, it has not posted its financial documents on its website, which detracts from its overall rating. Addressing these governance and transparency issues could enhance the foundation's credibility and effectiveness in serving its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Memphis Lung Physicians Foundation Inc legitimate?
Memphis Lung Physicians Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Memphis Lung Physicians Foundation Inc 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: $3,588,867
Professional Fundraising Fees: $0
Other Salaries and Wages: $12,811,983
For more financial information, click here
Official website here: www.memphislung.com
What is the mission statement of Memphis Lung Physicians Foundation Inc?
The Memphis Lung Physicians Foundation provides quality medical healthcare services, specializing in pulmonary, critical care, and sleep medicine. Regardless of race, creed, sex, national origin, handicap, or age, the foundation ensures access to healthcare for all individuals. In recognition of the fact that not everyone can afford healthcare services, the foundation offers free or subsidized care to those in need and discounts to those covered by governmental programs. The foundation also provides health activities and programs to support the community. With a long history of collaborating with Baptist Memorial Health Care Corporation, the Memphis Lung Physicians Foundation has played a significant role in developing nationally recognized intensive care services and sleep medicine offered by the hospitals. Their efforts have led to a decrease in hospital-acquired infections for patients, resulting in a significant decrease in mortality for patients presenting with septic shock. The foundation's physicians helped Baptist Memorial Hospitals receive the U.S. Department of Health and Human Services Sustained Improvement Award, an honor given to only a few hospitals in the country for reduction of healthcare-associated infections.
Official website here: www.memphislung.com
Who is the CEO of Memphis Lung Physicians Foundation Inc?
Jeffrey Wright Md is the President/Director of Memphis Lung Physicians Foundation Inc. The CEO's salary of Memphis Lung Physicians Foundation Inc is $161,719 and their total compensation is $192,124.
Official website here: www.memphislung.com
What is the revenue of Memphis Lung Physicians Foundation Inc?
Memphis Lung Physicians Foundation Inc's revenue in 2022 was $15,360,647.
Official website here: www.memphislung.com
Who are the executives of Memphis Lung Physicians Foundation Inc and what are their salaries?
The average compensation at Memphis Lung Physicians Foundation Inc during 2022 was $147,755. There are 111 employees at Memphis Lung Physicians Foundation Inc.
Here are 16 key members and their salaries (Memphis Lung Physicians Foundation Inc's CEO's salary is $161,719 and their total compensation is $192,124):
- Compensation: $0
- Related: $2,006,787
- Other: $84,638
- Compensation: $0
- Related: $1,355,514
- Other: $22,684
- Compensation: $843,648
- Related: $0
- Other: $68,457
- Compensation: $667,386
- Related: $0
- Other: $86,364
- Compensation: $659,472
- Related: $0
- Other: $78,762
- Compensation: $627,542
- Related: $0
- Other: $28,151
- Compensation: $263,520
- Related: $0
- Other: $69,167
- Compensation: $0
- Related: $1,562,524
- Other: $80,090
- Compensation: $0
- Related: $189,992
- Other: $40,248
- Compensation: $161,719
- Related: $0
- Other: $30,405
- Compensation: $682,065
- Related: $0
- Other: $81,000
- Compensation: $649,872
- Related: $0
- Other: $75,573
- Compensation: $639,732
- Related: $0
- Other: $37,680
- Compensation: $621,406
- Related: $0
- Other: $26,652
- Compensation: $575,638
- Related: $0
- Other: $8,737
- Compensation: $0
- Related: $523,174
- Other: $20,537
Official website here: www.memphislung.com
Where can I find the form 990 for Memphis Lung Physicians Foundation Inc?
Memphis Lung Physicians Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.memphislung.com
Learn more at the official website: www.memphislung.com
Mission Statement of Memphis Lung Physicians Foundation Inc
Memphis Lung Physicians Foundation, Inc. is a nonprofit organization that is dedicated to providing top-notch medical healthcare services, regardless of an individual's race, creed, sex, national origin, disability, or age. This foundation specializes in pulmonary, critical care, and sleep medicine. Memphis Lung Physicians Foundation, Inc. goes beyond the mere provision of healthcare services, extending its reach to those who cannot afford to pay through free or subsidized care, as well as discounted services for individuals covered by governmental programs.
In keeping with its commitment to serve the entire community, Memphis Lung Physicians Foundation, Inc. also offers health activities and programs to support public health. With a long-standing partnership with Baptist Memorial Health Care Corporation and related entities, Memphis Lung Physicians Foundation, Inc. has been instrumental in the development of nationally recognized intensive care services at Baptist Memorial Hospitals and the implementation of sleep medicine services offered by these hospitals. The physicians at Memphis Lung Physicians Foundation, Inc. have worked tirelessly to enhance the outcomes of patients in Baptist Memorial Hospitals' intensive care units by reducing the occurrence of healthcare-associated infections.
The U.S. Department of Health and Human Services (HHS) recognizes and honors healthcare facilities for their efforts in preventing and eventually eliminating healthcare-associated infections. Memphis Lung Physicians Foundation, Inc.'s physicians played a significant role in Baptist Memorial Hospitals receiving the U.S. Department of Health and Human Services (HHS) Sustained Improvement Award, an honor bestowed upon a select few hospitals in the country for their reduction of these healthcare-associated infections. Their unwavering dedication and hard work have led to a substantial decrease in mortality for patients presenting with septic shock.
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Impact
October, 2024
Memphis Lung Physicians Foundation Inc. significantly impacts the community by providing quality medical healthcare without discrimination based on race, creed, sex, national origin, handicap, or age. Specializing in pulmonary, critical care, and sleep medicine, the organization addresses a range of serious conditions, including acute respiratory distress, chronic obstructive pulmonary disease, asthma, cystic fibrosis, lung cancer, and obstructive sleep apnea.
Recognizing that not all individuals can afford healthcare services, Memphis Lung Physicians Foundation is committed to offering free or subsidized care based on need. This includes catering to individuals with government healthcare coverage at reduced costs, ensuring that essential medical services are accessible to everyone.
The foundation has established a long-standing partnership with Baptist Memorial Health Care Corporation, playing a crucial role in developing nationally recognized intensive care services and sleep medicine programs. Through these collaborations, Memphis Lung Physicians Foundation has made measurable contributions to improving patient outcomes. Notably, they have helped decrease hospital-acquired infections in intensive care units, earning Baptist Memorial Hospitals the U.S. Department of Health and Human Services' Sustained Improvement Award. This distinction highlights their critical efforts to reduce healthcare-associated infections, which has led to lowered mortality rates among patients presenting with septic shock.
Overall, Memphis Lung Physicians Foundation Inc. provides vital healthcare services, enhances community health outcomes, and supports local initiatives aimed at improving public health and education.
This information is meant to be a general summary of Memphis Lung Physicians Foundation Inc. 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.
- Investment Income: $17
- Program Service Revenue: $14,269,757
- Gross Receipts: $15,360,647
Assets and Liabilities:
- Total Assets: $8,261,037
- Total Liabilities: $29,829,531
- Net Assets: -$21,568,494
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PATIENT SERVICE REV.
Revenue
$14,269,757
Organization Details
Founding Year
2011
Phone
(901) 767-5864Principal Officer
Jeffrey Wright Md
Main Address
350 N HUMPHREYS BLVD, MEMPHIS, TN, 38120
Website
www.memphislung.comNTEE Category
Code: E32 - Health
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