Overview
What is Medical Faculty Associates Inc?
Medical Faculty Associates Inc, based in Washington D.C., is a nonprofit organization affiliated with George Washington University (GWU). Their primary mission revolves around providing professional healthcare services, including diagnostic and therapeutic procedures, to patients in the wider Washington, D.C. community and beyond, with a focus on serving indigent and other underserved individuals. The organization employs licensed physicians holding faculty appointments at GWU and other qualified personnel, making their services accessible to a broader population. Additionally, Medical Faculty Associates conducts community outreach programs, offering HIV clinics, prostate cancer screenings, breast care centers, and mobile mammography services. They aim to achieve their objectives by combining patient care, clinical research, and education for medical students and residents of GWU.
Official website here: www.gwdocs.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
Medical Faculty Associates Inc has received a solid Three-Star rating from Charity Navigator, reflecting a score of 81%. This score is derived entirely from its accountability and finance metrics, indicating a strong commitment to maintaining transparency and responsible financial practices. The organization showcases effective governance, highlighted by a majority of independent board members and robust financial oversight.
The nonprofit excels in areas such as its program expense ratio, with an impressive 88.51%, demonstrating a significant portion of its funds directed towards its mission-driven programs. Additionally, it has established comprehensive policies for conflict of interest, whistleblower protections, and document retention, which further bolster its credibility and operational integrity.
However, while the organization has shown strengths in governance and program spending, the overall rating suggests there may still be areas for improvement in operational effectiveness or outreach, as reflected in the absence of additional beacons in the rating assessment. Overall, the Medical Faculty Associates Inc positions itself as a reliable organization within the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Medical Faculty Associates Inc legitimate?
Medical Faculty Associates Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Medical Faculty Associates 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: $4,012,320
Professional Fundraising Fees: $0
Other Salaries and Wages: $218,118,348
For more financial information, click here
Official website here: www.gwdocs.com
What is the mission statement of Medical Faculty Associates Inc?
Medical Faculty Associates Inc is dedicated to serving multiple purposes for the benefit of George Washington University. One of its primary objectives is education, where it plays a significant role in teaching medical students and training residents. The organization also conducts medical research on behalf of the university. Lastly, it provides medical care to individuals in the local community and beyond, offering essential healthcare services to those in need, regardless of their ability to pay. Through its professional physician services and related healthcare offerings, Medical Faculty Associates makes a difference in people's lives while contributing to the goals of the George Washington University.
Official website here: www.gwdocs.com
Who is the CEO of Medical Faculty Associates Inc?
Barbara Bass Md is the CEO of Medical Faculty Associates Inc The CEO's salary of Medical Faculty Associates Inc is $0 and their total compensation is $1,399,361.
Official website here: www.gwdocs.com
What is the revenue of Medical Faculty Associates Inc?
Medical Faculty Associates Inc's revenue in 2023 was $380,795,193.
Official website here: www.gwdocs.com
Who are the executives of Medical Faculty Associates Inc and what are their salaries?
The average compensation at Medical Faculty Associates Inc during 2023 was $104,977. There are 2116 employees and 8 volunteers at Medical Faculty Associates Inc.
Here are 28 key members and their salaries (Medical Faculty Associates Inc's CEO's salary is $0 and their total compensation is $1,399,361):
- Compensation: $0
- Related: $1,253,794
- Other: $145,567
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $330,324
- Related: $400
- Other: $14,310
- Compensation: $636,330
- Related: $0
- Other: $28,099
- Compensation: $639,159
- Related: $0
- Other: $26,767
- Compensation: $1,043,279
- Related: $0
- Other: $16,622
- Compensation: $0
- Related: $455,279
- Other: $2,827
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $442,038
- Other: $40,198
- Compensation: $577,258
- Related: $0
- Other: $21,271
- Compensation: $184,928
- Related: $0
- Other: $11,583
- Compensation: $603,438
- Related: $0
- Other: $27,908
- Compensation: $1,355,159
- Related: $0
- Other: $16,963
- Compensation: $909,504
- Related: $0
- Other: $27,014
- Compensation: $926,049
- Related: $0
- Other: $17,532
- Compensation: $826,463
- Related: $0
- Other: $23,093
- Compensation: $785,592
- Related: $0
- Other: $3,190
- Compensation: $0
- Related: $552,160
- Other: $47,824
- Compensation: $644,525
- Related: $0
- Other: $16,074
- Compensation: $432,408
- Related: $0
- Other: $13,507
- Compensation: $0
- Related: $2,398,079
- Other: $43,959
- Compensation: $0
- Related: $453,561
- Other: $40,482
Official website here: www.gwdocs.com
Where can I find the form 990 for Medical Faculty Associates Inc?
Medical Faculty Associates Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.gwdocs.com
Learn more at the official website: www.gwdocs.com
Mission Statement of Medical Faculty Associates Inc
Medical Faculty Associates Inc, a nonprofit organization, is dedicated to three primary missions: education, research, and patient care. With a focus on teaching medical students and training residents from George Washington University (GWU), Medical Faculty Associates provides an educational environment that is both academically rigorous and clinically relevant.
Situated at the heart of the organization's mission is the commitment to research. Medical Faculty Associates conducts medical research on behalf of GWU, contributing to the advancement of medical knowledge and the development of new treatments and therapies. By engaging in cutting-edge research, the organization plays a vital role in the broader medical community and enhances the learning experience for its students and residents.
The third mission of Medical Faculty Associates is to provide medical care to the residents of the greater Washington DC metro area. The organization offers professional physician services and related healthcare services to patients, including diagnostic and therapeutic procedures. Medical Faculty Associates employs licensed physicians and qualified personnel who hold a faculty appointment at GWU, ensuring a high level of expertise and dedication to patient care. By making the service of these personnel available to indigent and other persons requiring care, the organization extends its reach beyond those who can afford to pay, thereby serving the broader community.
Additionally, Medical Faculty Associates performs various necessary functions and services in connection with its purposes. The organization has provided 449,034 episodes of care, written off approximately $69 million in charges for the needy, and conducted numerous community outreach programs. These initiatives range from HIV clinics and prostate cancer screenings to breast care centers and mobile mammography units, demonstrating a deep commitment to the health and well-being of the community it serves.
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Impact
October, 2024
Medical Faculty Associates Inc (MFA) plays a vital role in the health landscape of the Greater Washington, DC area, contributing significantly to patient care, clinical research, and medical education. By providing high-quality health care services, MFA ensures that both insured and uninsured populations have access to essential medical treatments.
In recent activities, MFA has delivered over 449,000 episodes of care, demonstrating its commitment to serving the community’s diverse healthcare needs. This includes a considerable financial commitment, having written off approximately $69 million in medical charges for individuals unable to pay, thereby eliminating barriers to access for the most vulnerable populations.
The organization also emphasizes community wellness through outreach programs, offering specialized services such as HIV clinics, prostate cancer screenings, and breast health initiatives, including the innovative Mammovan. These programs not only enhance preventative care but also educate the community on vital health issues.
In addition to its patient care and community services, MFA is deeply invested in the education and training of future healthcare professionals. It plays a crucial role in teaching medical students and training residents from George Washington University. By conducting medical research, MFA contributes to advancing medical knowledge and practices, further enhancing the care provided to patients.
Through these multifaceted missions of care, education, and research, Medical Faculty Associates Inc significantly impacts the overall health and well-being of the community, reinforcing its dedication to both individual patients and broader public health initiatives.
This information is meant to be a general summary of Medical Faculty Associates 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: $858,594
- Program Service Revenue: $365,863,046
- Gross Receipts: $380,859,501
Assets and Liabilities:
- Total Assets: $258,421,863
- Total Liabilities: $416,311,634
- Net Assets: -$157,889,771
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PATIENT CARE
Revenue
$338,329,588
MEDICAL EDUCATION
Revenue
$22,095,802
MEDICAL RESEARCH
Revenue
$5,437,656
Organization Details
Founding Year
2000
Principal Officer
Barbara Bass Md
Website
www.gwdocs.comNTEE Category
Code: E300 - Health
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