Overview
What is Armc Physicians Care Inc?
Armc Physicians Care Inc, based in Greensboro, North Carolina, is a nonprofit medical organization with a workforce of 162 employees. The mission of this health care provider is to improve community wellbeing by preventing illnesses, restoring health, and offering comfort through exceptional care. In the past year, they provided a significant number of office, hospital, and telehealth visits, totaling 84,190. Among the total gross charges, approximately 51.27% were attributed to Medicare or Medicaid patients. Armc Physicians Care Inc further donated $683,675 worth of charity care to the community, demonstrating their commitment to serving the local population.
Official website here: www.conehealth.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Armc Physicians Care Inc has received a two-star rating from Charity Navigator, with an overall score of 66%. This rating highlights significant concerns regarding the organization's governance, particularly the lack of independent board members. Without any independent members out of a total of eight, the organization struggles with accountability in its leadership structure.
Despite the governance issues, the nonprofit demonstrates strength in its financial oversight and program expenses, with a program expense ratio of 90%. This indicates that a large majority of its funds are directed towards its programs rather than administrative costs. However, the extremely high liabilities to assets ratio raises concerns about its financial stability and sustainability.
In addition to its financial performance, the organization has policies in place regarding conflict of interest and whistleblowing, which are positive indicators of its ethical practices. Nevertheless, the absence of its tax form on the website and the governance deficiencies point to areas that need improvement to ensure greater transparency and accountability to stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Armc Physicians Care Inc legitimate?
Armc Physicians Care Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Armc Physicians 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $9,328,044
For more financial information, click here
Official website here: www.conehealth.com
What is the mission statement of Armc Physicians Care Inc?
Armc Physicians Care Inc is dedicated to enhancing community health by preventing illness, restoring wellbeing, and providing comfort through exceptional care. They achieve this goal by granting access to primary and specialized medical services in various sectors. In the past year, this organization conducted 84,190 office, hospital, and telehealth visits. Approximately 51.27% of the gross charges were attributed to Medicare or Medicaid patients. The organization extended $683,675 worth of charity care to the community.
Official website here: www.conehealth.com
What is the revenue of Armc Physicians Care Inc?
Armc Physicians Care Inc's revenue in 2023 was $16,371,991.
Official website here: www.conehealth.com
Who are the executives of Armc Physicians Care Inc and what are their salaries?
The average compensation at Armc Physicians Care Inc during 2023 was $54,871. There are 170 employees at Armc Physicians Care Inc.
Here are 13 key members and their salaries:
- Compensation: $0
- Related: $1,671,452
- Other: $61,497
- Compensation: $0
- Related: $964,587
- Other: $96,362
- Compensation: $0
- Related: $843,929
- Other: $40,458
- Compensation: $0
- Related: $787,781
- Other: $62,788
- Compensation: $0
- Related: $374,816
- Other: $58,292
- Compensation: $361,470
- Related: $0
- Other: $39,545
- Compensation: $0
- Related: $357,149
- Other: $36,436
- Compensation: $356,657
- Related: $0
- Other: $29,162
- Compensation: $344,974
- Related: $0
- Other: $23,300
- Compensation: $302,871
- Related: $0
- Other: $62,724
- Compensation: $0
- Related: $325,239
- Other: $34,201
- Compensation: $305,847
- Related: $0
- Other: $35,437
- Compensation: $0
- Related: $128,831
- Other: $2,165
Official website here: www.conehealth.com
Where can I find the form 990 for Armc Physicians Care Inc?
Armc Physicians Care Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.conehealth.com
Learn more at the official website: www.conehealth.com
Mission Statement of Armc Physicians Care Inc
Armc Physicians Care Inc, a reputable nonprofit organization, is dedicated to serving communities by preventing illness, restoring health, and providing comfort through exceptional people delivering exceptional care. The mission of Armc Physicians Care Inc is geared towards ensuring access to primary and specialty care for individuals in their communities, specifically in Alamance County, North Carolina.
This compassionate organization strives to make a difference in people's lives by offering office, hospital, and telehealth visits to a substantial number of patients each year. In fact, they provided a total of 84,190 visits in the previous year. Among these patients, a significant portion, approximately 51.27%, were covered by Medicare or Medicaid. Armc Physicians Care Inc is committed to providing healthcare services to a diverse population and ensures that those in need have access to essential medical care, regardless of their financial situation.
As a testament to their commitment to the community, Armc Physicians Care Inc provided a substantial amount of charity care, totaling $683,675, to individuals who could not otherwise afford the necessary medical services. The organization's unwavering dedication to delivering quality care to those in need makes a remarkable impact on the lives of countless individuals, fostering healthier communities and promoting overall well-being.
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Impact
October, 2024
Armc Physicians Care Inc significantly impacts the community by providing essential healthcare services that prioritize access and affordability for residents in Alamance County, NC. This organization operated a robust number of medical appointments, with 84,190 office, hospital, and telehealth visits conducted in a single year.
A noteworthy aspect of their service is the high percentage of care provided to Medicare and Medicaid patients, accounting for over half of the total gross charges. This focus ensures that vulnerable populations receive necessary healthcare, which is crucial for overall community health. Additionally, Armc Physicians Care actively contributes to the welfare of the community through charity care, amounting to $683,675, which helps individuals who may otherwise struggle to afford medical services.
The mission to prevent illness, restore health, and provide comfort through dedicated care reflects their commitment to enhancing the quality of life in the community. By facilitating access to both primary and specialty care, Armc Physicians Care not only addresses immediate health needs but also contributes to long-term wellness and health education in the region.
This information is meant to be a general summary of Armc Physicians 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.
- Program Service Revenue: $16,362,710
- Gross Receipts: $16,371,991
Assets and Liabilities:
- Total Assets: $2,172,129
- Total Liabilities: $59,369,220
- Net Assets: -$57,197,091
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PATIENT REVENUE
Revenue
$16,283,683
SERVICES TO PATIENTS
Revenue
$345
SERVICES TO GOVERNMENT AGENCIES
Revenue
$50,683
SERVICES TO AFFILIATE ORGANIZATIONS
Revenue
$27,999
Organization Details
Founding Year
1998
Principal Officer
Portillo Md Martin
Website
www.conehealth.comNTEE Category
Code: E22 - Health
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