Overview
What is Kansas Foundation For Medical Care Inc?
Kansas Foundation for Medical Care Inc., operating under the name KFMC Health Improvement Partners, is a nonprofit organization based in Topeka, Kansas. With a mission to innovate and improve the quality, effectiveness, and safety of healthcare, KFMC collaborates with healthcare providers to develop strategies for enhancing care for Medicare and Medicaid beneficiaries, as well as all healthcare consumers across various states. Contracting with both governmental and private entities, KFMC employs a team of 34 individuals to drive these initiatives. The organization's work primarily focuses on improving the healthcare provided to beneficiaries in Kansas, but its influence extends beyond state borders.
Official website here: www.kfmc.org
What are the reviews and ratings of this charity?
****: Charity Navigator Rating 96% (Four-Star out of Four Stars )Star rating)
The Kansas Foundation For Medical Care Inc has achieved a notable Four-Star rating from Charity Navigator, which indicates a high level of accountability and financial health. This score highlights the foundation's strong governance practices, evidenced by a majority independent board, comprehensive financial oversight, and thorough documentation of policies and meeting minutes. Such transparency is essential for building trust with donors and the community.
The foundation demonstrates a strong commitment to its mission, allocating approximately 77.87% of its expenses directly toward programs. The organization’s manageable liabilities to assets ratio of 40.68% further suggests sound financial management. However, some key data, particularly regarding the compensation of key personnel, is not disclosed, which could be an area for improvement in terms of transparency.
User reviews from GreatNonprofits could not be fetched, so insights from the community regarding their experiences and suggestions are not available. Overall, the foundation appears to have a solid operational framework, with strengths in financial accountability yet still having room to enhance its transparency practices further.
This AI summary has been generated from information found on Charity Navigator.
Is Kansas Foundation For Medical Care Inc legitimate?
Kansas Foundation For Medical Care Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kansas Foundation For Medical Care 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: $568,025
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,650,633
For more financial information, click here
Official website here: www.kfmc.org
What is the mission statement of Kansas Foundation For Medical Care Inc?
The Kansas Foundation for Medical Care Inc, in its mission, strives to lead innovation in enhancing the quality, effectiveness, and safety of healthcare. By collaborating with healthcare providers, the organization aims to develop strategies that improve the healthcare provided to beneficiaries of Medicare and Medicaid, and ultimately, all healthcare consumers across various states. This is achieved through contracts with the state of Kansas and other governmental and private entities. The objective is to continually advance the standard of healthcare delivery, ensuring better outcomes for patients.
Official website here: www.kfmc.org
Who is the CEO of Kansas Foundation For Medical Care Inc?
Betty Murrell is the Chair of Kansas Foundation For Medical Care Inc. The CEO's salary of Kansas Foundation For Medical Care Inc is $163,108 and their total compensation is $199,916.
Official website here: www.kfmc.org
What is the revenue of Kansas Foundation For Medical Care Inc?
Kansas Foundation For Medical Care Inc's revenue in 2023 was $8,532,429.
Official website here: www.kfmc.org
Who are the executives of Kansas Foundation For Medical Care Inc and what are their salaries?
The average compensation at Kansas Foundation For Medical Care Inc during 2023 was $65,255. There are 34 employees at Kansas Foundation For Medical Care Inc.
Here are 16 key members and their salaries (Kansas Foundation For Medical Care Inc's CEO's salary is $163,108 and their total compensation is $199,916):
- Compensation: $1,515
- Related: $0
- Other: $0
- Compensation: $800
- Related: $0
- Other: $0
- Compensation: $1,200
- Related: $0
- Other: $0
- Compensation: $400
- Related: $0
- Other: $0
- Compensation: $1,200
- Related: $0
- Other: $0
- Compensation: $800
- Related: $0
- Other: $0
- Compensation: $1,338
- Related: $0
- Other: $0
- Compensation: $1,200
- Related: $0
- Other: $0
- Compensation: $1,200
- Related: $0
- Other: $0
- Compensation: $800
- Related: $0
- Other: $0
- Compensation: $1,200
- Related: $0
- Other: $0
- Compensation: $200
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $163,108
- Related: $0
- Other: $36,808
- Compensation: $117,979
- Related: $0
- Other: $41,362
- Compensation: $163,295
- Related: $0
- Other: $19,151
Official website here: www.kfmc.org
Where can I find the form 990 for Kansas Foundation For Medical Care Inc?
Kansas Foundation For Medical Care Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.kfmc.org
Learn more at the official website: www.kfmc.org
Mission Statement of Kansas Foundation For Medical Care Inc
The Kansas Foundation for Medical Care Inc, in its mission, is committed to leading innovation in enhancing the quality, effectiveness, and safety of healthcare. By working collaboratively with healthcare providers, this organization strives to develop strategies that improve the healthcare services delivered to Medicare and Medicaid beneficiaries, ultimately aiming to elevate the standard of care for all healthcare consumers nationwide. The Kansas Foundation for Medical Care Inc contracts with various governmental and private entities, including the state of Kansas, to achieve these goals.
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Impact
July, 2024
Kansas Foundation For Medical Care Inc leads innovation to improve the quality, effectiveness, and safety of healthcare. By working with healthcare providers, KFMC develops ways to enhance the quality of healthcare provided to Medicare and Medicaid beneficiaries, benefiting all healthcare consumers. This organization's impact extends beyond Kansas, as it contracts with various governmental and private entities to drive improvements in healthcare nationwide.
This information is meant to be a general summary of Kansas Foundation For Medical Care 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 2023.
- Investment Income: $14,657
- Program Service Revenue: $8,517,772
- Gross Receipts: $8,610,396
Assets and Liabilities:
- Total Assets: $4,057,510
- Total Liabilities: $1,650,801
- Net Assets: $2,406,709
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
STATE OF KANSAS LTC
Revenue
$3,880,493
STATE OF KANSAS EQRO
Revenue
$1,486,486
STATE OF OKLAHOMA QIO
Revenue
$1,365,593
OTHER CONTRACTS
Revenue
$1,032,561
STATE OF OKLAHOMA EQRO
Revenue
$415,642
Organization Details
Founding Year
1972
Phone
(785) 273-2552Principal Officer
Betty Murrell
Main Address
800 SW JACKSON 700, TOPEKA, KS, 66612
Website
www.kfmc.orgNTEE Category
Code: E02 - Health
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