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Faculty Clinic Inc

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

EIN: 592856153 ✦ Jacksonville, FL ✦ Designated as a 501(c)(3)

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Overview

What is Faculty Clinic Inc?

Faculty Clinic Inc, located in Jacksonville, Florida, primarily functions as a facilities management company. Its primary role involves leasing space to two prominent healthcare entities: University of Florida Jacksonville Physicians, Inc. and Shands Jacksonville Medical Center, Inc. This arrangement enables Faculty Clinic Inc to support healthcare provision in the community, contributing to the broader healthcare landscape.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement (64%, Two-Star out of Four Star rating)

Faculty Clinic Inc has received a "Needs Improvement" rating from Charity Navigator, primarily due to its lack of independent board members and transparency issues. The organization scored 0% for having no independent members on its board, which raises concerns about governance and oversight. While it does have a solid audit and oversight committee, the absence of independent representation on the board is a significant limitation.

On a positive note, the nonprofit demonstrates strong financial management, as indicated by a perfect score in program expense ratio, meaning all of its expenses are directed towards its programs. Additionally, the organization has established policies for conflict of interest, whistleblower protections, and document retention, which contribute positively to its accountability profile. However, it lacks appropriate transparency as it did not post its tax form or website information, which further affects its overall score.

Overall, while Faculty Clinic Inc shows strengths in program spending and internal policies, its governance structure and transparency issues highlight critical areas for improvement. These factors contribute to its overall rating and suggest that potential donors should consider these limitations when evaluating their support.


This AI summary has been generated from information found on Charity Navigator.

Is Faculty Clinic Inc legitimate?

Faculty Clinic Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Faculty Clinic 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: $0

For more financial information, click here

What is the mission statement of Faculty Clinic Inc?

Faculty Clinic Inc's primary mission is centered around providing healthcare support. They accomplish this by operating as a facilities management company, leasing space to both the University of Florida Jacksonville Physicians and Shands Jacksonville Medical Center. This arrangement allows for medical services to be readily available, contributing to the overall healthcare infrastructure. While Faculty Clinic Inc itself does not provide direct medical care, its role in facilitating the operation of these medical entities is significant in ensuring the continuity and accessibility of healthcare services.

Who is the CEO of Faculty Clinic Inc?

Pradeep Kadambi Md is the Ceo of Faculty Clinic Inc. The CEO's salary of Faculty Clinic Inc is $0 and their total compensation is $559,125.

What is the revenue of Faculty Clinic Inc?

Faculty Clinic Inc's revenue in 2022 was $1,647,436.

Who are the executives of Faculty Clinic Inc and what are their salaries?


Here are 10 key members and their salaries (Faculty Clinic Inc's CEO's salary is $0 and their total compensation is $559,125):


Richard Scanu (Trustee)
  • Compensation: $0
  • Related: $219,949
  • Other: $19,072
Dean Cocchi (Trustee)
  • Compensation: $0
  • Related: $485,666
  • Other: $19,976
Jon Debardeleben (Trustee)
  • Compensation: $0
  • Related: $269,661
  • Other: $23,142
Pradeep Kadambi Md (Ceo)
  • Compensation: $0
  • Related: $524,200
  • Other: $34,925
Greg Miller (Vice Chair)
  • Compensation: $0
  • Related: $589,156
  • Other: $24,022
Leon Haley Md (Chair)
  • Compensation: $0
  • Related: $705,672
  • Other: $22,321
Christopher Cowen (Trustee)
  • Compensation: $0
  • Related: $746,768
  • Other: $145,990
Linda Edwards Md (Chair)
  • Compensation: $0
  • Related: $397,817
  • Other: $42,233
Russ Armistead (Trustee)
  • Compensation: $0
  • Related: $331,707
  • Other: $3,239
Timothy Reinschmidt (Secretary/Treasurer)
  • Compensation: $0
  • Related: $232,357
  • Other: $19,121
Where can I find the form 990 for Faculty Clinic Inc?

Faculty Clinic Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Faculty Clinic Inc

Faculty Clinic Inc, a facilities management company, plays a unique role in providing healthcare support. Rather than directly delivering medical services, it leases space to two prominent healthcare organizations: the University of Florida Jacksonville Physicians and Shands Jacksonville Medical Center. By offering this service, Faculty Clinic Inc enables these entities to operate effectively and serve their patients better. This mission of Facility Clinic Inc is crucial in fostering a conducive environment for healthcare provision, ultimately contributing to the well-being of the community.

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Impact




July, 2024

Faculty Clinic Inc's impact is significant in providing healthcare support by operating as a facilities management company that leases space to University of Florida Jacksonville Physicians, Inc. and Shands Jacksonville Medical Center, Inc. This enables these healthcare providers to offer critical services to the community in Jacksonville, Florida. Faculty Clinic Inc plays a vital role in facilitating access to healthcare and supporting the operations of these medical facilities, ultimately contributing to the overall well-being of the local population.




This information is meant to be a general summary of Faculty Clinic 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
$1,647,436 (2022)
Expenses
$1,243,608 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,597
  • Program Service Revenue: $1,319,411
  • Gross Receipts: $1,647,436

Assets and Liabilities:

  • Total Assets: $11,327,186
  • Total Liabilities: $9,038,797
  • Net Assets: $2,288,389

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Programs

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

OFFICE LEASE REVENUE

Revenue

$1,046,251

LEASE INTEREST INCOME

Revenue

$273,160

Organization Details

Founding Year

1987

Principal Officer

Pradeep Kadambi Md

Main Address

PO BOX 44008, JACKSONVILLE, FL, 322314008

NTEE Category

Code: B54Z - Education

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