North Carolina Medical Society Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 566088142 ✦ Raleigh, NC ✦ Designated as a 501(c)(3)

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Overview

What is North Carolina Medical Society Foundation Inc?

North Carolina Medical Society Foundation Inc is a nonprofit organization dedicated to enhancing healthcare access in under-served areas of North Carolina. Their Workforce Recruitment and Retention Program, known as the Community Practitioner Program (CPP), aims to attract and retain primary care providers, general surgeons, and psychiatrists. They achieve this by offering educational loan repayment and practice management services. The CPP collaborates with other state initiatives to assess healthcare workforce needs, strategically planning to ensure a high-quality physician workforce for underserved patients and communities. Ultimately, North Carolina Medical Society Foundation Inc's mission is to improve the quality of healthcare for all North Carolinians.


Official website here: www.ncmsfoundation.org

Is North Carolina Medical Society Foundation Inc legitimate?

North Carolina Medical Society Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. North Carolina Medical Society Foundation 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: $360,425
Professional Fundraising Fees: $0
Other Salaries and Wages: $184,701

For more financial information, click here


Official website here: www.ncmsfoundation.org

What is the mission statement of North Carolina Medical Society Foundation Inc?

The North Carolina Medical Society Foundation's mission is centered around improving access to quality healthcare for all individuals residing in North Carolina. This mission is accomplished through their Workforce Recruitment and Retention Program, which includes the Community Practitioner Program (CPP). The main objective of CPP is to enhance healthcare access for patients in rural and underserved areas of North Carolina. This is achieved by recruiting and retaining primary care providers, general surgeons, and psychiatrists. The program offers educational loan repayment and practice management and clinical quality services to attract and retain these healthcare professionals. The CPP collaborates with other workforce efforts across the state to assess healthcare workforce needs and strategically plan to ensure a quality physician workforce for under-served patients and communities.


Official website here: www.ncmsfoundation.org

Who is the CEO of North Carolina Medical Society Foundation Inc?

Hurshell E Baggett Jr is the Ceo of North Carolina Medical Society Foundation Inc. The CEO's salary of North Carolina Medical Society Foundation Inc is $0 and their total compensation is $349,429.


Official website here: www.ncmsfoundation.org

What is the revenue of North Carolina Medical Society Foundation Inc?

North Carolina Medical Society Foundation Inc's revenue in 2022 was $1,345,809.


Official website here: www.ncmsfoundation.org

Who are the executives of North Carolina Medical Society Foundation Inc and what are their salaries?


Here are 18 key members and their salaries (North Carolina Medical Society Foundation Inc's CEO's salary is $0 and their total compensation is $349,429):


Hurshell E Baggett Jr (Ceo)
  • Compensation: $0
  • Related: $300,841
  • Other: $48,588
Kristina Natt Och Dag (Vp Of Educat)
  • Compensation: $163,927
  • Related: $0
  • Other: $19,991
Franklin Walker (Vp Of Soluti)
  • Compensation: $156,832
  • Related: $0
  • Other: $19,675
Arthur E Apolinario (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marc R Carruth (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Palmer Edwards (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cynthia Gary (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roy Strowd Iii (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lyndon K Jordan (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rachel D Keever (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew S Lamb (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katie Lowry (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Connette Mcmahon (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Newton (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelly A Pring (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Timothy Reeder (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Osi Udekwu (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Utecht (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ncmsfoundation.org

Where can I find the form 990 for North Carolina Medical Society Foundation Inc?

North Carolina Medical Society Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ncmsfoundation.org

Learn more at the official website: www.ncmsfoundation.org

Mission Statement of North Carolina Medical Society Foundation Inc

The North Carolina Medical Society Foundation Inc is committed to improving access to quality healthcare for all North Carolinians. To achieve this mission, the organization focuses on workforce recruitment and retention, specifically targeting primary care providers, general surgeons, and psychiatrists in rural and underserved areas of North Carolina. The Community Practitioner Program (CPP), a key initiative of the foundation, provides educational loan repayment and practice management and clinical quality services to attract and retain healthcare professionals. By doing so, the CPP aims to enhance access to healthcare for under-served patients and communities in North Carolina, working in harmony with other workforce efforts across the state to strategically assess and address healthcare workforce needs.

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Impact




October, 2024

North Carolina Medical Society Foundation Inc significantly enhances access to quality healthcare for residents throughout the state, particularly in rural and underserved areas. Their Community Practitioner Program (CPP) plays a pivotal role by recruiting and retaining primary care providers, general surgeons, and psychiatrists. This initiative focuses on addressing the shortage of healthcare professionals where they are needed most.

By offering educational loan repayment and providing practice management and clinical quality services, the CPP not only attracts healthcare talents but also ensures that they are well-supported in their practices. The foundation works closely with other workforce efforts in North Carolina to strategically assess healthcare needs and develop solutions that uphold a robust physician workforce. This comprehensive approach fosters improved healthcare access and elevates the overall quality of care for patients in the state, showcasing a commitment to health equity and community well-being.




This information is meant to be a general summary of North Carolina Medical Society Foundation 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.

Revenue
$1,345,809 (2022)
Expenses
$1,331,349 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $690,314
  • Program Service Revenue: $140,668
  • Gross Receipts: $2,530,013

Assets and Liabilities:

  • Total Assets: $21,133,016
  • Total Liabilities: $1,463,940
  • Net Assets: $19,669,076

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

CONTRACT REVENUE

Revenue

$107,650

TUITION

Revenue

$28,671

SERVICE FEE INCOME

Revenue

$3,271

OTHER PSA REVENUE

Revenue

$1,076

Organization Details

Founding Year

1966

Principal Officer

Hurshell E Baggett Jr

Main Address

PO BOX 27167, RALEIGH, NC, 27611

NTEE Category

Code: H00 - Medical research

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