Overview
What is Moses Cone Medical Services Inc?
Moses Cone Medical Services Inc is a nonprofit organization based in Greensboro, North Carolina, specifically located at 1200 N Elm Street, 27401. They specialize in delivering physician services to benefit the local community, accommodating a substantial 322,980 office, hospital, and telehealth visits this year. Approximately half of their total gross charges are attributed to Medicare or Medicaid patients. Besides their medical services, they provide charity care to the tune of $3,323,348 to the community. Moses Cone Medical Services' mission is to prevent illness, restore health, and provide comfort through exceptional people delivering exceptional care. They operate multi-specialty physician practices across Guilford, Rockingham, and Alamance Counties, focusing on caring for their patients, colleagues, and communities. Their core values include caring, communication, respect, ongoing learning, pride, passion, and fun, all while engaging their communities with integrity and transparency. With a workforce of 799 employees, they strive to maintain a caring and respectful environment while serving their community's health needs.
Official website here: www.conehealth.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 66% (Two-Star out of Four Star rating)
Moses Cone Medical Services Inc has received a 66% rating from Charity Navigator, indicating a need for improvement in certain areas. The organization demonstrates strong financial oversight with high scores in audit and material diversion of assets, reflecting a commitment to accountability. However, the lack of independent board members raises concerns about governance and oversight, which can impact overall organizational transparency.
The nonprofit has a commendable program expense ratio of 90%, suggesting that the majority of its funds are directed towards its programs rather than administrative costs. This efficiency in program spending is a positive aspect that aligns with the organization's mission to provide medical services. On the other hand, the high liabilities to assets ratio of 98.4% indicates potential financial risks that could affect long-term sustainability.
While the organization has implemented policies related to conflict of interest and whistleblowing, the absence of its tax form on the website may hinder public trust and transparency. Overall, while there are strengths in program focus and financial oversight, governance issues and financial liabilities suggest that potential donors should consider these factors carefully.
This AI summary has been generated from information found on Charity Navigator.
Is Moses Cone Medical Services Inc legitimate?
Moses Cone Medical Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Moses Cone Medical Services 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $54,386,412
For more financial information, click here
Official website here: www.conehealth.com
What is the mission statement of Moses Cone Medical Services Inc?
Moses Cone Medical Services Inc is dedicated to serving communities by preventing illness, restoring health, and providing comfort. Their mission is achieved through exceptional people delivering exceptional care. The organization places great value on caring for patients, providing quality and compassionate care in a safe and respectful environment. They also prioritize caring for each other, fostering honest communication and respect among team members, inspiring ongoing learning, pride, passion, and fun. Lastly, they care for their communities by engaging with integrity and transparency, embracing their responsibility to promote health and well-being.
Official website here: www.conehealth.com
Who is the CEO of Moses Cone Medical Services Inc?
Martin Portillo Md is the Principal Officer of Moses Cone Medical Services Inc.
Official website here: www.conehealth.com
What is the revenue of Moses Cone Medical Services Inc?
Moses Cone Medical Services Inc's revenue in 2022 was $93,060,713.
Official website here: www.conehealth.com
Who are the executives of Moses Cone Medical Services Inc and what are their salaries?
The average compensation at Moses Cone Medical Services Inc during 2022 was $68,068. There are 799 employees at Moses Cone Medical Services Inc.
Here are 14 key members and their salaries:
- Compensation: $0
- Related: $2,324,056
- Other: $81,963
- Compensation: $0
- Related: $1,639,725
- Other: $18,678
- Compensation: $887,358
- Related: $0
- Other: $115,417
- Compensation: $837,103
- Related: $0
- Other: $75,108
- Compensation: $0
- Related: $834,977
- Other: $34,842
- Compensation: $790,201
- Related: $0
- Other: $70,420
- Compensation: $0
- Related: $756,094
- Other: $87,460
- Compensation: $726,900
- Related: $0
- Other: $87,880
- Compensation: $698,094
- Related: $0
- Other: $82,582
- Compensation: $0
- Related: $735,682
- Other: $40,617
- Compensation: $0
- Related: $482,991
- Other: $87,004
- Compensation: $0
- Related: $357,533
- Other: $36,779
- Compensation: $0
- Related: $328,203
- Other: $26,757
- Compensation: $0
- Related: $259,775
- Other: $7,714
Official website here: www.conehealth.com
Where can I find the form 990 for Moses Cone Medical Services Inc?
Moses Cone Medical Services Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.conehealth.com
Learn more at the official website: www.conehealth.com
Mission Statement of Moses Cone Medical Services Inc
Moses Cone Medical Services Inc is a mission-driven organization that prioritizes the well-being of the communities it serves. By preventing illness, restoring health, and providing comfort, it aims to deliver exceptional care through its dedicated team of professionals. The organization upholds three core values: caring for patients, caring for each other, and caring for communities.
In practice, caring for patients translates to providing high-quality, compassionate care in a safe and respectful environment. This commitment is reflected in the exceptional services Moses Cone Medical Services Inc offers across its multi-specialty physician practices. By appreciating and respecting one another, the team fosters a work environment where ongoing learning, pride, passion, and fun thrive.
Upholding its commitment to communities, Moses Cone Medical Services Inc engages with its communities with integrity and transparency. It embraces the responsibility to promote health and well-being, going beyond exceptional care to make a positive impact on the lives of those it serves.
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Impact
October, 2024
Moses Cone Medical Services Inc significantly impacts the health and well-being of communities in Guilford, Rockingham, and Alamance counties in North Carolina. By delivering physician services and facilitating over 322,980 office, hospital, and telehealth visits this year, the organization plays a crucial role in preventing illness, restoring health, and providing comfort to residents.
Approximately 50.87% of the gross charges booked were for Medicare or Medicaid patients, highlighting a strong commitment to serving those with limited financial resources. Additionally, the provision of $3,323,348 in charity care underscores its dedication to ensuring that individuals, regardless of their financial situation, have access to quality healthcare.
Moses Cone Medical Services Inc operates multi-specialty physician practices, focusing on exceptional quality and compassionate care in a respectful environment. The organization values caring for patients, staff, and communities alike, fostering a culture of honest communication, ongoing learning, and community engagement. Through these efforts, Moses Cone Medical Services Inc enhances health outcomes and promotes a healthier community overall.
This information is meant to be a general summary of Moses Cone Medical Services 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.
- Investment Income: -$921
- Program Service Revenue: $92,388,868
- Gross Receipts: $93,089,213
Assets and Liabilities:
- Total Assets: $56,037,520
- Total Liabilities: $55,144,084
- Net Assets: $893,436
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PATIENT REVENUE
Revenue
$84,669,248
SERVICES TO PATIENTS
Revenue
$19,941
SERVICES TO GOVERNMENT AGENCIES
Revenue
$57,982
SERVICES TO AFFILIATE ORGANIZATIONS
Revenue
$7,641,697
Organization Details
Founding Year
1990
Phone
(336) 832-7000Principal Officer
Martin Portillo Md
Main Address
1200 N Elm Street, GREENSBORO, NC, 27401
Website
www.conehealth.comNTEE Category
Code: E110 - Health
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