Overview
What is Au Medical Associates Inc?
Au Medical Associates Inc is a nonprofit organization based in Augusta, Georgia, with a significant presence in both Georgia and South Carolina. Their mission is to support the research, clinical, and educational missions of Augusta University (AU) by recruiting and retaining primary care and specialized medical providers. The organization has expanded its community practice sites, creating new opportunities for its members and employed physicians to care for patients and generate referrals to AU's sub-specialty educational and clinical programs. In the fiscal year ending June 30, 2022, the organization's members and employed physicians provided $22.5 million in medical care to uninsured and underinsured citizens of the two states. The organization aims to administer the practice of medicine, manage ambulatory care services, and acquire and administer funds and property for the charitable, scientific, and educational missions of Augusta University and its nonprofit affiliates.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Au Medical Associates Inc has received a Two-Star out of Four Star rating from Charity Navigator, with an overall score of 60%. This rating indicates significant areas for improvement, particularly in governance and accountability practices, as evidenced by the absence of independent board members. While the organization demonstrates strong program expense ratios, indicating efficient use of funds for its mission, its financial management raises concerns, particularly the high liabilities to assets ratio.
The nonprofit shows a commitment to ethical practices, having a conflict of interest policy and a whistleblower policy in place, both of which are essential for organizational integrity. However, the lack of transparency is notable, with critical documents such as the website listed on tax forms and tax forms themselves missing from its public disclosures. This can hinder potential donors’ trust and overall accountability.
Despite these challenges, Au Medical Associates Inc maintains a strong program expense ratio of 95.49%, suggesting that the majority of its spending directly supports its mission. Nevertheless, to improve its rating and public perception, the organization must address its governance issues and enhance transparency in its operations.
This AI summary has been generated from information found on Charity Navigator.
Is Au Medical Associates Inc legitimate?
Au Medical Associates Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Au Medical Associates 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: $4,174,222
Professional Fundraising Fees: $0
Other Salaries and Wages: $41,117,713
For more financial information, click here
What is the mission statement of Au Medical Associates Inc?
Au Medical Associates Inc is dedicated to furthering the charitable, scientific, and educational missions of Augusta University. Through various programs, the corporation supports the practice of medicine, manages ambulatory care services, and administers funds. These resources are intended to be used exclusively for the benefit of Augusta University and its nonprofit affiliates. The corporation's objectives include the administration of medical practices and the management of clinical services, with the ultimate goal of contributing to the academic and research initiatives of the university.
Who is the CEO of Au Medical Associates Inc?
Waite Popejoy is the Ex-Officio of Au Medical Associates Inc. The CEO's salary of Au Medical Associates Inc is $0 and their total compensation is $323,310.
What is the revenue of Au Medical Associates Inc?
Au Medical Associates Inc's revenue in 2022 was $181,842,735.
Who are the executives of Au Medical Associates Inc and what are their salaries?
The average compensation at Au Medical Associates Inc during 2022 was $67,701. There are 669 employees at Au Medical Associates Inc.
Here are 22 key members and their salaries (Au Medical Associates Inc's CEO's salary is $0 and their total compensation is $323,310):
- Compensation: $0
- Related: $894,605
- Other: $188,946
- Compensation: $10,616
- Related: $669,709
- Other: $44,211
- Compensation: $4,097
- Related: $302,864
- Other: $54,981
- Compensation: $7,331
- Related: $392,847
- Other: $61,176
- Compensation: $7,472
- Related: $655,707
- Other: $38,596
- Compensation: $8,815
- Related: $722,876
- Other: $42,329
- Compensation: $9,806
- Related: $588,333
- Other: $54,676
- Compensation: $8,821
- Related: $438,179
- Other: $44,298
- Compensation: $8,425
- Related: $592,258
- Other: $37,346
- Compensation: $6,552
- Related: $264,674
- Other: $72,940
- Compensation: $39,423
- Related: $499,802
- Other: $46,674
- Compensation: $6,340
- Related: $412,975
- Other: $85,930
- Compensation: $7,296
- Related: $292,562
- Other: $74,680
- Compensation: $209,978
- Related: $198,000
- Other: $13,526
- Compensation: $0
- Related: $702,430
- Other: $27,283
- Compensation: $0
- Related: $479,494
- Other: $35,478
- Compensation: $0
- Related: $305,418
- Other: $17,892
- Compensation: $783,765
- Related: $0
- Other: $47,430
- Compensation: $581,974
- Related: $0
- Other: $48,674
- Compensation: $580,365
- Related: $0
- Other: $71,191
- Compensation: $528,355
- Related: $0
- Other: $51,613
- Compensation: $402,356
- Related: $0
- Other: $51,792
Where can I find the form 990 for Au Medical Associates Inc?
Au Medical Associates Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Au Medical Associates Inc
Au Medical Associates Inc is a corporation with a mission to support the charitable, scientific, and educational missions of Augusta University (AU) through various programs. The organization's primary focus is to administer the practice of medicine and manage ambulatory care services and other clinical offerings. Au Medical Associates Inc also manages funds and property, with the proceeds being allocated exclusively to the humanitarian, scientific, and instructional pursuits of Augusta University and its affiliated nonprofits. By doing so, the corporation plays a crucial role in furthering AU's objectives and enhancing the quality of healthcare and education it provides. Through its subsidiaries and partnerships, Au Medical Associates Inc contributes significantly to the advancement of medical research, clinical services, and educational initiatives at Augusta University.
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Impact
October, 2024
Au Medical Associates Inc plays a significant role in enhancing healthcare access and quality for communities in Georgia and South Carolina. By recruiting and retaining both primary care and specialized medical providers, the organization has established a robust network that serves thousands of patients, including those who are uninsured or underinsured.
In its commitment to improving public health, Au Medical Associates Inc has successfully expanded its services to various community practice sites, allowing its members and employed physicians to reach more patients. This outreach not only facilitates direct care but also generates new referrals to Augusta University’s educational and clinical programs, thereby strengthening the link between practice and education.
The financial impact is notable; during the fiscal year ending June 30, 2022, the organization contributed an estimated $22.5 million in medical care to underprivileged citizens, showcasing its dedication to community health. Ultimately, Au Medical Associates Inc significantly enriches the local healthcare landscape, ensuring that high-quality medical services are accessible to a broader population while also supporting the educational missions of Augusta University.
This information is meant to be a general summary of Au Medical Associates 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: $489,824
- Program Service Revenue: $179,078,539
- Gross Receipts: $181,842,735
Assets and Liabilities:
- Total Assets: $106,450,597
- Total Liabilities: $192,049,260
- Net Assets: -$85,598,663
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PATIENT RECEIPTS
Revenue
$171,591,966
MEDICAL ADMIN SERVICES
Revenue
$5,240,065
SUPPORTED ORGANIZATION SERVICES
Revenue
$2,246,508
Organization Details
Founding Year
1958
Phone
(706) 721-6569Principal Officer
Waite Popejoy
Main Address
1120 15TH STREET BI2095, AUGUSTA, GA, 30912
NTEE Category
Code: E800 - Health
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