Overview
What is University Medical Services Foundation Inc?
University Medical Services Foundation Inc, located in Louisville, Kentucky, is a nonprofit organization primarily dedicated to educational purposes. It serves as a learning ground for medical interns, residents, and fellows at the University of Louisville School of Medicine. This is accomplished through a non-profit medical services clinic that provides essential healthcare services to the public. This mutually beneficial arrangement allows students to gain practical experience while serving the community, thereby contributing to the improvement of healthcare services in the region.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 54%, One-Star out of Four Star rating
The University Medical Services Foundation Inc has received a low rating of 54%, indicating concerns about its financial accountability and overall effectiveness. The high scores in board independence and governance policies suggest that the organization has implemented some strong structural elements. However, the lack of program expense and high salaries for key personnel raise questions about the allocation of funds towards effective programming.
Despite having a fully independent board and policies in place to prevent conflicts of interest, the organization has reported no program expenses, which could imply a significant inefficiency in utilizing resources for its intended charitable purposes. The liabilities to assets ratio is also notably at 0.00%, suggesting a potential risk of financial instability if any unforeseen expenses arise without a funding strategy in place.
Overall, while the University Medical Services Foundation Inc has shown strengths in governance and board independence, the lack of program support and high executive compensation may detract from its mission effectiveness, leading to its low rating on Charity Navigator.
This AI summary has been generated from information found on Charity Navigator.
Is University Medical Services Foundation Inc legitimate?
University Medical Services Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. University Medical Services 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of University Medical Services Foundation Inc?
University Medical Services Foundation Inc's mission is centered around providing education to medical interns, residents, and fellows. This is accomplished through a non-profit medical services clinic that offers healthcare services to the public. The primary objective of this foundation is to serve as an educational platform, enabling these aspiring healthcare professionals to gain practical experience while simultaneously catering to the medical needs of the community.
Who is the CEO of University Medical Services Foundation Inc?
Kim Williams Md is the President (Through 6/2022) of University Medical Services Foundation Inc.
What is the revenue of University Medical Services Foundation Inc?
University Medical Services Foundation Inc's revenue in 2022 was $13,108.
Who are the executives of University Medical Services Foundation Inc and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $674,732
- Other: $103,417
- Compensation: $0
- Related: $341,861
- Other: $44,368
- Compensation: $0
- Related: $611,163
- Other: $61,091
- Compensation: $0
- Related: $41,514
- Other: $15,927
Where can I find the form 990 for University Medical Services Foundation Inc?
University Medical Services Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of University Medical Services Foundation Inc
University Medical Services Foundation Inc is committed to serving a noble purpose. This organization primarily focuses on providing an educational platform for interns, residents, and fellows at the University of Louisville School of Medicine. They accomplish this goal by operating a non-profit medical services clinic that caters to the public's medical needs. By doing so, University Medical Services Foundation Inc plays a pivotal role in shaping the future of medical professionals, ensuring they gain hands-on experience in a real-world setting. This mission is crucial in preparing these individuals to become competent and compassionate healthcare providers in the future.
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Impact
August, 2024
University Medical Services Foundation Inc's impact is significant in the field of healthcare and medical education. By providing education to interns, residents, and fellows at the University of Louisville School of Medicine through a non-profit medical services clinic, they are contributing to the development of future healthcare professionals. Additionally, by offering medical services to the public, they are ensuring that the community has access to quality healthcare. This dual focus on education and service helps to improve healthcare outcomes and promote the well-being of individuals in Louisville, KY.
This information is meant to be a general summary of University Medical Services 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $13,108
- Gross Receipts: $13,108
Assets and Liabilities:
- Total Assets: $94,826
- Total Liabilities: $0
- Net Assets: $94,826
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEDICAL SERVICE PATIEN
Revenue
$13,108
Organization Details
Founding Year
1993
Phone
(502) 852-1609Principal Officer
Kim Williams Md
Main Address
550 S JACKSON ST 3RD FLOOR ACB, LOUISVILLE, KY, 40202
NTEE Category
Code: E32Z - Health
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