Overview
What is University Of Minnesota Health Clinics And Surgery Center Inc?
University of Minnesota Health Clinics and Surgery Center Inc is a Minnesota corporation consisting of multiple physician specialties, forming a joint-venture between the University of Minnesota Physicians (UMPhysicians) and Fairview Health Services. This nonprofit entity is affiliated with various medical departments of the University of Minnesota's School of Medicine, with its primary mission being to develop and operate an ambulatory care center dedicated to advancing medical research, education, and providing healthcare services. The corporation's members collaborate to support the educational and research mission of the university's academic health center, transforming the health of the community using the power of an integrated academic health system.
Official website here: www.mhealth.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% - Three-Star out of Four Stars
The University of Minnesota Health Clinics and Surgery Center Inc has received an overall rating of 81%, achieving a Three-Star status primarily based on its strong performance in accountability and finance. This rating reflects the nonprofit’s commitment to transparency and responsible financial management, as evidenced by its perfect scores in several governance metrics, including having a fully independent board and comprehensive conflict of interest policies.
The organization demonstrates effective financial stewardship, particularly highlighted by its impressive program expense ratio of 99.93%, indicating that nearly all of its resources are directed toward its mission. Additionally, the presence of robust policies such as a whistleblower and document retention policy reinforces its dedication to ethical operations and accountability.
However, a notable limitation is the liabilities to assets ratio, which stands at 128.22%. This figure suggests a potential concern regarding the organization’s financial leverage and ability to meet its obligations, which stakeholders may want to monitor. Overall, while the organization exhibits a strong commitment to governance and programmatic spending, its financial sustainability warrants attention.
This AI summary has been generated from information found on Charity Navigator.
Is University Of Minnesota Health Clinics And Surgery Center Inc legitimate?
University Of Minnesota Health Clinics And Surgery Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. University Of Minnesota Health Clinics And Surgery Center 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:
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For more financial information, click here
Official website here: www.mhealth.org
What is the mission statement of University Of Minnesota Health Clinics And Surgery Center Inc?
University of Minnesota Health Clinics and Surgery Center Inc is a joint venture aimed at delivering breakthrough medicine and enhancing community health through the integration of an academic health system. This Minnesota corporation, composed of multiple physician specialties, was formed through a partnership between the University of Minnesota Physicians (UMPhysicians) and Fairview Health Services. The main purpose of the corporation is to develop and operate an ambulatory care center, which focuses on medical research, education, and providing healthcare services. The affiliation with various medical departments of the University of Minnesota's School of Medicine is a defining factor in achieving this mission.
Official website here: www.mhealth.org
Who is the CEO of University Of Minnesota Health Clinics And Surgery Center Inc?
Bevan Yueh is the Director of University Of Minnesota Health Clinics And Surgery Center Inc.
Official website here: www.mhealth.org
What is the revenue of University Of Minnesota Health Clinics And Surgery Center Inc?
University Of Minnesota Health Clinics And Surgery Center Inc's revenue in 2022 was $151,004,254.
Official website here: www.mhealth.org
Who are the executives of University Of Minnesota Health Clinics And Surgery Center Inc and what are their salaries?
Here are 8 key members and their salaries:
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Official website here: www.mhealth.org
Where can I find the form 990 for University Of Minnesota Health Clinics And Surgery Center Inc?
University Of Minnesota Health Clinics And Surgery Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mhealth.org
Learn more at the official website: www.mhealth.org
Mission Statement of University Of Minnesota Health Clinics And Surgery Center Inc
University of Minnesota Health Clinics and Surgery Center Inc is a joint venture between the University of Minnesota Physicians and Fairview Health Services, established to provide top-tier medical care and contribute to medical research and education. This Minnesota corporation, comprised of multiple physician specialties, is a result of a collaborative agreement between its members.
The University of Minnesota Health Clinics and Surgery Center Inc's primary purpose is to operate an ambulatory care center dedicated to advancing medical knowledge and delivering healthcare services. This mission is facilitated by the organization's affiliation with various medical departments within the University of Minnesota's School of Medicine. Through its members, the corporation fosters a vibrant research and educational environment, ensuring that the latest medical advancements are integrated into patient care.
By uniting the expertise of the University of Minnesota Physicians and Fairview Health Services, University of Minnesota Health Clinics and Surgery Center Inc aims to offer a comprehensive range of healthcare services, pushing the boundaries of medicine and transforming the lives of the community.
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Impact
October, 2024
The University of Minnesota Health Clinics and Surgery Center Inc. plays a crucial role in enhancing healthcare access and quality within the community by integrating academic medical research with clinical practice. As a joint venture between University of Minnesota Physicians and Fairview Health Services, it serves as a hub for multiple physician specialties, ensuring a broad range of healthcare services.
The center's commitment to advancing medical education and research directly impacts the caliber of healthcare provided. By collaborating closely with the University of Minnesota's School of Medicine, the facility not only trains the next generation of medical professionals but also contributes to innovative treatments and breakthrough medical practices. This integration fosters an environment where research informs clinical practices, ultimately leading to improved patient outcomes.
In addition to its educational missions, the center emphasizes the importance of community health, transforming healthcare delivery through its dedicated ambulatory care services. By operating within a framework that values collaboration and innovation, the University of Minnesota Health Clinics and Surgery Center Inc. is significantly advancing the health of its community while setting a benchmark for integrated academic health systems.
This information is meant to be a general summary of University Of Minnesota Health Clinics And Surgery Center 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.
- Program Service Revenue: $151,004,254
- Gross Receipts: $151,004,254
Assets and Liabilities:
- Total Assets: $134,296,737
- Total Liabilities: $172,221,794
- Net Assets: -$37,925,057
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PATIENT REVENUE
Revenue
$149,068,320
OTHER REVENUE
Revenue
$1,935,934
Organization Details
Founding Year
2015
Phone
(612) 884-0600Principal Officer
Bevan Yueh
Main Address
909 FULTON STREET SE, MINNEAPOLIS, MN, 55414
Website
www.mhealth.orgNTEE Category
Code: E24 - Health
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