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Physicians Advocacy Institute Inc

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

EIN: 571230153 ✦ Austin, TX ✦ Designated as a 501(c)(6)

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Overview

What is Physicians Advocacy Institute Inc?

Physicians Advocacy Institute Inc, located in Austin, Texas, is a nonprofit organization with a single employee. Established with the objective of ensuring compliance with federally-mandated settlements between national for-profit health insurers and physicians, this organization aims to safeguard the viability of medical practices for doctors and maintain their capacity to deliver high-quality patient care. To accomplish this, they develop and implement projects and tools for future use.

Is Physicians Advocacy Institute Inc legitimate?

Physicians Advocacy Institute Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Physicians Advocacy Institute 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: $457,977
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Physicians Advocacy Institute Inc?

The Physicians Advocacy Institute Inc was established with a mission to ensure compliance with federally-mandated settlements agreed upon with national for-profit health insurers. Its primary objective is to safeguard the viability of physicians' medical practices and enable them to deliver quality patient care. To accomplish this, the Institute develops projects and tools for future use. This proactive approach aims to guarantee that physicians can continue providing optimal healthcare services to their patients.

Who is the CEO of Physicians Advocacy Institute Inc?

Dustin Corcoran is the President of Physicians Advocacy Institute Inc.

What is the revenue of Physicians Advocacy Institute Inc?

Physicians Advocacy Institute Inc's revenue in 2022 was $1,094,731.

Who are the executives of Physicians Advocacy Institute Inc and what are their salaries?

The average compensation at Physicians Advocacy Institute Inc during 2022 was $457,977. There is 1 employee at Physicians Advocacy Institute Inc.


Here are 11 key members and their salaries:


Dustin Corcoran (President)
  • Compensation: $9,000
  • Related: $0
  • Other: $0
Philip Schuh (Treasurer)
  • Compensation: $8,000
  • Related: $0
  • Other: $0
Charles B Shane (Director)
  • Compensation: $6,000
  • Related: $0
  • Other: $0
Michael J Darrouzet (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richele Taylor (Director)
  • Compensation: $8,000
  • Related: $0
  • Other: $0
Hurshell E Baggett Jr (Secretary)
  • Compensation: $8,000
  • Related: $0
  • Other: $0
Russ Miller (Director)
  • Compensation: $8,000
  • Related: $0
  • Other: $0
Amy Reynoldson (Director)
  • Compensation: $8,000
  • Related: $0
  • Other: $0
Jeremy Bonfini (Director)
  • Compensation: $8,000
  • Related: $0
  • Other: $0
Layne Gakos (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelly Kenney (Executive Director)
  • Compensation: $360,434
  • Related: $0
  • Other: $34,543
Where can I find the form 990 for Physicians Advocacy Institute Inc?

Physicians Advocacy Institute Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Physicians Advocacy Institute Inc

Physicians Advocacy Institute Inc was established with a mission to ensure compliance with federally-mandated settlements reached between national for-profit health insurers and physicians. The organization's primary objective is to develop projects and tools for the future, aiming to safeguard the viability of physicians' medical practices and enable them to deliver high-quality patient care. By monitoring these settlements, Physicians Advocacy Institute Inc seeks to protect the interests of medical professionals, ensuring they can continue to provide essential healthcare services to their patients without undue financial burden.

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Impact




October, 2024

Physicians Advocacy Institute Inc significantly influences the healthcare landscape by ensuring compliance with federally mandated settlements involving national for-profit health insurers. This oversight plays a crucial role in protecting the interests of physicians, allowing them to maintain viable medical practices amidst the complexities of healthcare financing.

By developing projects and tools aimed at enhancing the operational sustainability of medical practices, the organization directly contributes to the ability of physicians to deliver quality patient care. This focus on advocacy not only boosts physician viability but also supports the larger community by promoting healthier patient-physician relationships and fostering an environment that prioritizes quality healthcare delivery.

In a landscape where profit motives often overshadow patient care, such initiatives are vital for empowering healthcare providers and ensuring that patients receive the attention and care they deserve.




This information is meant to be a general summary of Physicians Advocacy Institute 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
$1,094,731 (2022)
Expenses
$1,720,130 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,094,731
  • Gross Receipts: $3,082,861

Assets and Liabilities:

  • Total Assets: $9,122,082
  • Total Liabilities: $31,716
  • Net Assets: $9,090,366

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Organization Details

Founding Year

2006

Principal Officer

Dustin Corcoran

Main Address

401 W 15TH ST 10TH FLOOR, AUSTIN, TX, 78701

NTEE Category

Code: S41 - Community improvement

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