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Valley Children's Medical Group

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

EIN: 464150987 ✦ Madera, CA ✦ Designated as a 501(c)(3)

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Overview

What is Valley Children's Medical Group?

Valley Children's Medical Group is a California-based, non-profit public benefit corporation, organized under section 1206(L) of the tax exemption code. Its primary mission is to provide high-quality, comprehensive healthcare services to children, regardless of their ability to pay. Valley Children's Medical Group runs outpatient locations throughout Central California, conducts medical research and education, and offers professional physician coverage and related management services. In addition, they cater to children in areas facing severe medical shortages. Over 70% of their revenue comes from patients covered by Medi-Cal. This organization is dedicated to advancing the mission of Valley Children's Healthcare entities and improving the health and well-being of children.


Official website here: www.valleychildrens.org

What are the reviews and ratings of this charity?

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

Valley Children's Medical Group has achieved an impressive Four-Star rating on Charity Navigator, indicating a strong commitment to accountability and finance. The organization scored 96% in this category, which is critical for potential donors looking for transparency and responsible management of funds. The high rating reflects that the charity adheres to best practices in governance, emphasizing the importance of an independent board and thorough financial oversight.

The organization showcases a robust governance structure, with a fully independent board, scoring perfectly on board member independence and size. Their financial practices are also commendable, with no material diversions of assets reported, which reassures stakeholders about the integrity of their operations. Additionally, their adherence to policies regarding conflicts of interest and whistleblower protections further highlights their commitment to ethical management.

While the financial metrics are strong, potential donors should take note of the organization's focus primarily on accountability and finance, as no additional beacon scores were provided. This indicates that while financial health is a strong point, understanding the full range of the organization's impact and program effectiveness would require further investigation into their specific programs and outcomes. Overall, Valley Children's Medical Group presents itself as a reliable option for those looking to support children's health initiatives.


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

Is Valley Children's Medical Group legitimate?

Valley Children's Medical Group is a legitimate nonprofit organization registered as a 501(c)(3) entity. Valley Children's Medical Group 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: $8,643,099

For more financial information, click here


Official website here: www.valleychildrens.org

What is the mission statement of Valley Children's Medical Group?

Valley Children's Medical Group is dedicated to providing top-notch, comprehensive healthcare services to children, irrespective of their financial capabilities. The organization's primary objective is to continuously enhance the health and well-being of children, ensuring they receive the necessary care they deserve. Valley Children's Medical Group functions as a tax-exempt medical foundation, owning and operating outpatient locations, and conducting medical research and education. Additionally, it provides professional physician coverage and related management services. Furthermore, the medical group extends its reach to areas with severe medical shortages, addressing the healthcare needs of children in those regions. Over 70% of its patient revenues stem from those covered by Medi-Cal.


Official website here: www.valleychildrens.org

Who is the CEO of Valley Children's Medical Group?

Dr David Christensen is the Board Member of Valley Children's Medical Group.


Official website here: www.valleychildrens.org

What is the revenue of Valley Children's Medical Group?

Valley Children's Medical Group's revenue in 2022 was $129,974,948.


Official website here: www.valleychildrens.org

Who are the executives of Valley Children's Medical Group and what are their salaries?

The average compensation at Valley Children's Medical Group during 2022 was $55,762. There are 155 employees and 7 volunteers at Valley Children's Medical Group.


Here are 14 key members and their salaries:


Michele Waldron (Board Member)
  • Compensation: $0
  • Related: $2,841,006
  • Other: $49,907
Dr David Christensen (Board Member, President)
  • Compensation: $0
  • Related: $1,289,465
  • Other: $56,894
Riley Walter (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Allison Karahadian (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Danielle Parnagian (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Byers (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Hanson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Thomas Page (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Devonna Kaji Thru 1121 (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephanie Crockett (Director Primary Care Ops)
  • Compensation: $171,686
  • Related: $0
  • Other: $25,610
Derek Naus (Cardiac Sonographer)
  • Compensation: $157,637
  • Related: $0
  • Other: $8,349
Divine Agellon-Vater (Manager, Finance)
  • Compensation: $109,790
  • Related: $0
  • Other: $31,019
Kelly Shimamoto (Director, Finance & Physical Network)
  • Compensation: $148,234
  • Related: $0
  • Other: $6,394
Maria Castro (Diag Med Sonographer (Thru 01/22))
  • Compensation: $104,431
  • Related: $0
  • Other: $40,969


Official website here: www.valleychildrens.org

Where can I find the form 990 for Valley Children's Medical Group?

Valley Children's Medical Group's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.valleychildrens.org

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

Mission Statement of Valley Children's Medical Group

Valley Children's Medical Group, a California non-profit public benefit corporation, is dedicated to providing high quality, comprehensive healthcare services to children. The organization's mission is geared towards improving the health and well-being of children, regardless of their ability to pay. Valley Children's Medical Group operates as a tax-exempt medical foundation, owning and managing outpatient locations throughout Central California. It also conducts medical research and education, and provides professional physician coverage and related management services.

Beyond these core functions, Valley Children's Medical Group extends its reach to children in areas suffering from severe medical shortages. This commitment to addressing unmet healthcare needs in the community is a significant aspect of the organization's mission. Over 70% of the medical group's gross patient revenues originate from patients covered by Medi-Cal, underscoring its dedication to serving children from diverse socioeconomic backgrounds. In essence, Valley Children's Medical Group is a compassionate force in the pediatric healthcare landscape, ensuring that children receive the necessary care they deserve, regardless of their financial circumstances.

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Impact




October, 2024

Valley Children's Medical Group significantly impacts the health and well-being of children across Central California by providing high-quality, comprehensive healthcare services tailored to their unique needs. By operating outpatient locations, they ensure accessible medical care, which is crucial in areas facing severe medical shortages.

Their commitment to treating all children, regardless of their ability to pay, is vital in supporting the local community, particularly as over 70% of their patients are covered by Medi-Cal. The organization not only focuses on treating illnesses but also engages in medical research and education, continuously seeking to improve pediatric healthcare outcomes. This holistic approach enhances the overall health of individuals with pediatric health conditions, embodying their mission to foster healthier futures for children in the region.




This information is meant to be a general summary of Valley Children's Medical Group. 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
$129,974,948 (2022)
Expenses
$126,834,205 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $123,097,276
  • Gross Receipts: $129,974,948

Assets and Liabilities:

  • Total Assets: $86,689,693
  • Total Liabilities: $11,218,396
  • Net Assets: $75,471,297

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Programs

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

PHYSICIAN COVERAGE REVENUE

Revenue

$68,123,847

SPECIALTY PRACTICES

Revenue

$47,785,660

MANAGEMENT SERVICES

Revenue

$5,609,975

PROGRAM RELATED RENTAL INCOME

Revenue

$1,330,338

PRIMARY CARE

Revenue

$247,456

Organization Details

Founding Year

2013

Principal Officer

Dr David Christensen

Main Address

9300 VALLEY CHILDRENS PLACE, MADERA, CA, 936368762

NTEE Category

Code: G98 - Disease

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