Overview
What is Foundation Of Orange County Medical Association?
The Foundation of Orange County Medical Association is a nonprofit organization situated in Newport Beach, California. Its primary mission is to support financially, medically, and educationally those in need, including physicians, their families, and medical students actively engaged in medical studies. The foundation also carries out utilization review of healthcare professionals' activities to maintain the quality of care while controlling costs. This involves determining professional healthcare standards, assessing the medical necessity of services, advising on cost-effective methods, analyzing healthcare trends, and providing educational services to healthcare providers and the public. The foundation strives to facilitate the delivery of healthcare services to providers, aiming to enhance overall healthcare quality and affordability in the community.
Official website here: www.ocma.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 43%, Zero-Star out of Four Star rating.
The Foundation Of Orange County Medical Association has received a low rating of 43%, reflecting significant concerns surrounding its accountability and financial practices. The organization has a perfect score for having a majority independent board and other governance structures but falls short in several critical areas such as maintaining a whistleblower policy and document retention practices. These deficiencies have contributed to its overall low score and lack of trust.
Despite some strong governance components, the charity struggles with transparency and fiscal management. The absence of a whistleblower policy and a poor liability to assets ratio indicates potential risks and lack of safeguards for the organization’s operations. Additionally, the charity's failure to post essential documents on its website raises further questions about its commitment to openness and accountability.
Prospective donors and supporters should approach this organization with caution, considering its low financial health and accountability scores. While it excels in some governance aspects, the significant limitations noted could impact its effectiveness and reputation within the community.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Foundation Of Orange County Medical Association?
100% of 12 reviewers on Facebook recommend the Foundation of Orange County Medical Association. Here is a summary of their reviews:
The unanimous support indicates a strong community trust in the organization's mission. Reviewers express warm sentiments, sending best wishes and affirming their belief in the foundation's purpose. The positive remarks suggest that the foundation effectively engages with its constituents and maintains a solid reputation.
Overall, it appears that the Foundation of Orange County Medical Association truly resonates with those it serves, demonstrating its commitment to its goals and the positive impact it has on the community.
This AI summary has been generated from reviews found on Facebook.
Is Foundation Of Orange County Medical Association legitimate?
Foundation Of Orange County Medical Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foundation Of Orange County Medical Association 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: $0
For more financial information, click here
Official website here: www.ocma.org
What is the mission statement of Foundation Of Orange County Medical Association?
The Foundation of Orange County Medical Association's mission is centered around stabilizing healthcare costs while preserving the quality of care. They achieve this by conducting utilization reviews of healthcare providers' activities, determining professional standards, and advising on the medical necessity of specific services. The foundation also encourages efficient service delivery that maintains professional standards and quality. They perform analyses on medical service trends and provide educational services to healthcare providers and the public about these trends. Lastly, they offer information services to help healthcare providers deliver healthcare more effectively.
Official website here: www.ocma.org
Who is the CEO of Foundation Of Orange County Medical Association?
Vijay Dhar Md is the President of Foundation Of Orange County Medical Association.
Official website here: www.ocma.org
What is the revenue of Foundation Of Orange County Medical Association?
Foundation Of Orange County Medical Association's revenue in 2022 was $8,937.
Official website here: www.ocma.org
Who are the executives of Foundation Of Orange County Medical Association and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.ocma.org
Where can I find the form 990 for Foundation Of Orange County Medical Association?
Foundation Of Orange County Medical Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ocma.org
Learn more at the official website: www.ocma.org
Mission Statement of Foundation Of Orange County Medical Association
The Foundation of Orange County Medical Association is dedicated to aiding in the management of healthcare costs while preserving the standard of care. Through its utilization review process, the organization assesses the professional activities of various healthcare providers, including physicians and other practitioners, as well as institutional and non-institutional healthcare service providers. By doing so, the Foundation provides valuable insights into the standards of care recognized within the medical profession.
Moreover, the Foundation plays a crucial role in determining the medical necessity of specific services and advising on the most economical methods to deliver such services while maintaining the quality of care. It conducts studies and analyses of trends in the utilization of medical services and the quality of care provided to the general public. Additionally, the organization offers educational services to healthcare providers and the public at large, sharing its findings and knowledge about these trends. Lastly, the Foundation provides information services to healthcare providers, helping to streamline the delivery of healthcare services.
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Impact
August, 2024
The Foundation Of Orange County Medical Association plays a crucial role in assisting in the stabilization of health care costs while maintaining the quality of health care. Through utilization review of professional activities of physicians and other health care practitioners, the Foundation helps determine and advise on standards of health care, ascertain the medical necessity of particular services, and provide guidance on delivering services in a cost-effective manner without compromising quality.
Moreover, the Foundation conducts studies and analyses on trends in medical service utilization and care quality, offering valuable insights to health care providers and the general public. By providing educational services and information to facilitate the delivery of care, the Foundation contributes to improving the overall efficiency and effectiveness of healthcare services in Orange County.
This information is meant to be a general summary of Foundation Of Orange County Medical Association. 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: $8,937
- Gross Receipts: $55,432
Assets and Liabilities:
- Total Assets: $187,490
- Total Liabilities: $34,021
- Net Assets: $153,469
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Organization Details
Founding Year
2013
Phone
(949) 398-8100Principal Officer
Vijay Dhar Md
Main Address
5000 CAMPUS DRIVE, NEWPORT BEACH, CA, 92660
Website
www.ocma.orgNTEE Category
Code: P60 - Human services
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