Overview
What is University Of Maryland Eye Associates Pa?
University of Maryland Eye Associates PA, located at 250 W Pratt Street Suite 901, Baltimore, MD 21201, is an integral part of the University of Maryland School of Medicine. This nonprofit organization, staffed by 23 employees, provides medical services under the school's medical plan. The faculty members render healthcare services to the public as part of their duties to deliver care and offer clinical instruction to medical students and trainees, irrespective of a patient's financial capability. The organization's mission is solely dedicated to educating future medical professionals and catering to the healthcare needs of the community.
Official website here: www.umfpi.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
University Of Maryland Eye Associates Pa has received a two-star rating from Charity Navigator, indicating a need for improvement in its accountability and financial practices. The organization's overall score is 66%, reflecting concerns primarily focused on governance, especially the lack of independent board members, which could impact oversight and decision-making processes.
Despite these governance challenges, the nonprofit shows a strong commitment to its programs, with a program expense ratio of 81.84%. This suggests that a significant portion of its funds is dedicated to its mission-related activities. The organization maintains solid financial policies, such as having a conflict of interest policy and a whistleblower policy in place, which are positive indicators of internal governance.
However, the organization faces serious financial ratios, notably a liabilities-to-assets ratio of 121.51%, indicating financial instability. Additionally, the absence of publicly available financial documents on its website may hinder transparency and trust with potential donors and stakeholders. Overall, while the organization has strengths in program expenditure and policy structure, its governance and financial health require attention.
This AI summary has been generated from information found on Charity Navigator.
Is University Of Maryland Eye Associates Pa legitimate?
University Of Maryland Eye Associates Pa is a legitimate nonprofit organization registered as a 501(c)(3) entity. University Of Maryland Eye Associates Pa 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: $698,174
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,457,194
For more financial information, click here
Official website here: www.umfpi.org
What is the mission statement of University Of Maryland Eye Associates Pa?
Under the medical service plan of the University of Maryland School of Medicine, the Eye Associates PA provides clinical healthcare services to the public. The faculty members render medical care, contributing to their academic duties, which include instructing medical students and other trainees. The organization is committed to delivering healthcare without regard to a patient's ability to pay. Through this mission, they ensure that students receive valuable learning experiences while serving the community's healthcare needs.
Official website here: www.umfpi.org
Who is the CEO of University Of Maryland Eye Associates Pa?
Lisa Schocket Md is the President of University Of Maryland Eye Associates Pa.
Official website here: www.umfpi.org
What is the revenue of University Of Maryland Eye Associates Pa?
University Of Maryland Eye Associates Pa's revenue in 2022 was $17,303,114.
Official website here: www.umfpi.org
Who are the executives of University Of Maryland Eye Associates Pa and what are their salaries?
The average compensation at University Of Maryland Eye Associates Pa during 2022 was $137,190. There are 23 employees at University Of Maryland Eye Associates Pa.
Here are 6 key members and their salaries:
- Compensation: $241,929
- Related: $0
- Other: $15,031
- Compensation: $228,120
- Related: $0
- Other: $15,843
- Compensation: $106,674
- Related: $0
- Other: $9,662
- Compensation: $62,564
- Related: $0
- Other: $7,148
- Compensation: $24,049
- Related: $0
- Other: $2,051
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.umfpi.org
Where can I find the form 990 for University Of Maryland Eye Associates Pa?
University Of Maryland Eye Associates Pa's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.umfpi.org
Learn more at the official website: www.umfpi.org
Mission Statement of University Of Maryland Eye Associates Pa
University of Maryland Eye Associates PA is a vital component of the University of Maryland School of Medicine. The medical team at this association, comprised of faculty members, offers clinical services under the school's medical plan. Their mission is multifaceted. On one hand, they provide healthcare to the general public, extending care regardless of a patient's ability to pay for the services. On the other hand, they play a crucial role in delivering clinical instruction for medical students and other trainees. Through their work, they contribute significantly to the academic growth of future healthcare professionals.
The faculty members at University of Maryland Eye Associates PA dedicate their time and expertise to rendering medical services. By doing so, they uphold their responsibilities as members of the University of Maryland School of Medicine. Their commitment to providing healthcare to all is unwavering, creating a valuable resource for the community. In this capacity, they offer essential care to patients while fostering an environment for the next generation of medical professionals to learn and grow.
In essence, University of Maryland Eye Associates PA serves as a bridge between world-class medical education and the provision of healthcare services to the community. By offering clinical instruction and delivering essential care, they contribute to the ongoing cycle of knowledge and healing that benefits both individuals and society at large.
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Impact
October, 2024
University of Maryland Eye Associates PA significantly impacts the community by providing essential eye care services while simultaneously serving as a training ground for future medical professionals. Located in Baltimore, their faculty members deliver high-quality medical services under the Medical Service Plan of the University of Maryland School of Medicine. This dual approach not only ensures that patients receive comprehensive eye care, but also guarantees that medical students and trainees gain invaluable clinical experience.
By focusing on healthcare delivery without regard for patients' ability to pay, University of Maryland Eye Associates PA promotes health equity and accessibility in the field of ophthalmology. This mission fosters an inclusive environment where individuals from diverse backgrounds can receive necessary medical attention, ultimately contributing to overall public health improvement. Their commitment to education and clinical practice aids in advancing the field of medicine, ensuring that quality care is combined with ongoing professional training for future healthcare providers.
This information is meant to be a general summary of University Of Maryland Eye Associates Pa. 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: $16,852,237
- Gross Receipts: $17,303,114
Assets and Liabilities:
- Total Assets: $2,338,210
- Total Liabilities: $2,919,343
- Net Assets: -$581,133
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRACT AND OTHER REVENUE
Revenue
$9,670,649
PATIENT SERVICE REVENUE
Revenue
$7,181,588
Organization Details
Founding Year
1973
Phone
(667) 214-1103Principal Officer
Lisa Schocket Md
Main Address
250 W PRATT STREET Suite 901, BALTIMORE, MD, 21201
Website
www.umfpi.orgNTEE Category
Code: G41Z - Disease
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