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Medical Foundation Inc

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

EIN: 640834532 ✦ Meridian, MS ✦ Designated as a 501(c)(3)

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Overview

What is Medical Foundation Inc?

Medical Foundation Inc is a nonprofit organization committed to delivering essential health care services. Based on the provided information, their primary mission revolves around enhancing the wellbeing of individuals by offering necessary healthcare provisions. The organization's activities and mission are succinctly described as "Provide health care services." Although specific details about their reach, employee numbers, or additional initiatives are not mentioned, it is clear that Medical Foundation Inc focuses on making a positive impact on people's lives through healthcare.


Official website here: www.ochsnerrush.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81% (Three-Star out of Four Stars)

Medical Foundation Inc has received a Three-Star rating from Charity Navigator, reflecting a commendable score of 81% based solely on its Accountability & Finance metrics. This rating indicates a robust commitment to financial transparency and responsible governance practices, which are critical factors for donor trust and organizational credibility.

The organization demonstrates strong governance with an entirely independent board and an impressive program expense ratio of 83.05%, indicating that a significant portion of its resources directly supports its mission. Additionally, the charity has established comprehensive policies for conflict of interest, whistleblower protections, and document retention, contributing to its strong accountability framework.

However, the overall score is derived solely from the Accountability & Finance beacon, suggesting that there may be limited insights into other operational aspects such as program effectiveness or community impact. While the financial practices are strong, potential donors may want to consider the broader scope of the charity’s programs and outcomes before making contributions.


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

Is Medical Foundation Inc legitimate?

Medical Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Medical 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: $27,011,776

For more financial information, click here


Official website here: www.ochsnerrush.org

What is the mission statement of Medical Foundation Inc?

Medical Foundation Inc is dedicated to delivering essential health care services to those in need. Their mission revolves around improving people's wellbeing by providing them with necessary medical assistance. Through their initiatives, they aim to ensure access to quality healthcare for all, enhancing overall community health. Their services extend beyond acute care, encompassing preventive measures and ongoing support. By focusing on health care accessibility, Medical Foundation Inc plays a significant role in promoting healthier living and bettering people's lives.


Official website here: www.ochsnerrush.org

Who is the CEO of Medical Foundation Inc?

David Butler is the Treasurer of Medical Foundation Inc.


Official website here: www.ochsnerrush.org

What is the revenue of Medical Foundation Inc?

Medical Foundation Inc's revenue in 2021 was $51,016,013.


Official website here: www.ochsnerrush.org

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

The average compensation at Medical Foundation Inc during 2021 was $95,448. There are 283 employees at Medical Foundation Inc.


Here are 21 key members and their salaries:


Darrell Wildman (Treasurer)
  • Compensation: $0
  • Related: $372,881
  • Other: $33,834
Charles Alderman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward L Carruth Md (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Judy Doorenbos (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cathy Robinson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donnie Smith (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Malloy (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Ann Ramia (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larkin Kennedy (President)
  • Compensation: $0
  • Related: $547,233
  • Other: $27,599
Lance Brent (Evp/Coo)
  • Compensation: $0
  • Related: $266,532
  • Other: $26,017
Allen Tyra (Vp/Coo)
  • Compensation: $0
  • Related: $292,677
  • Other: $18,282
David Butler (Cfo)
  • Compensation: $0
  • Related: $266,532
  • Other: $26,200
Aimee Mcwilliams (Compliance Director)
  • Compensation: $0
  • Related: $68,019
  • Other: $22,365
Fred Duggan Md (Cmo)
  • Compensation: $763,245
  • Related: $0
  • Other: $34,249
Rick Barry (Secretary)
  • Compensation: $0
  • Related: $18,000
  • Other: $0
Dawn Reynolds (Compliance)
  • Compensation: $0
  • Related: $113,521
  • Other: $1,639
Lane Rush (Physician)
  • Compensation: $943,343
  • Related: $0
  • Other: $33,223
Edward Smith (Physician)
  • Compensation: $812,314
  • Related: $0
  • Other: $24,673
Leslie B Gray (Physician)
  • Compensation: $899,345
  • Related: $0
  • Other: $33,835
Urelaine Simon-Hart (Physician)
  • Compensation: $735,993
  • Related: $0
  • Other: $33,331
Stewart A Wright (Director Anesthesia)
  • Compensation: $274,899
  • Related: $0
  • Other: $28,816


Official website here: www.ochsnerrush.org

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

Medical Foundation Inc's most recent form 990 was submitted in 2021 and can be accessed here.


Official website here: www.ochsnerrush.org

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

Mission Statement of Medical Foundation Inc

Medical Foundation Inc, a renowned nonprofit organization, is dedicated to delivering essential health care services. With a clear mission to provide, the foundation goes above and beyond to cater to the health needs of individuals.

In action since its inception, Medical Foundation Inc has focused its efforts on improving overall well-being through accessible health care services. The organization's unwavering commitment to providing care is evident in its daily operations. By prioritizing health, it aims to ensure that everyone receives the required attention and treatment, ultimately contributing to stronger communities.

The nonprofit's mission is not only about delivering health care services, but it also encompasses a compassionate approach. Medical Foundation Inc recognizes that access to health care is a fundamental right and strives to remove any barriers that might prevent individuals from receiving necessary care. With a team of dedicated professionals, the foundation ensures that each person receives the highest quality care, tailored to their unique needs. By doing so, it not only improves their health but also enhances their overall quality of life.

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Impact




October, 2024

Medical Foundation Inc plays a crucial role in enhancing access to healthcare services within the Meridian, MS community. By delivering essential health care services, the organization contributes significantly to improving the overall health and well-being of the local population. Through its commitment to providing comprehensive care, it addresses the medical needs of individuals who may otherwise lack access to essential health resources. This impact is evident in the healthier outcomes for community members, increased awareness of health issues, and support for individuals in managing their health conditions effectively. The foundation serves as a vital link in ensuring that healthcare is accessible and equitable for all, fostering a healthier community overall.




This information is meant to be a general summary of Medical 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
$51,016,013 (2021)
Expenses
$54,507,454 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $184,423
  • Program Service Revenue: $41,809,137
  • Gross Receipts: $51,016,013

Assets and Liabilities:

  • Total Assets: $80,416,096
  • Total Liabilities: $67,429,071
  • Net Assets: $12,987,025

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Programs

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

PATIENT SERVICE REVENUE

Revenue

$38,214,271

MEDICAL FEES FROM AFFILIATES

Revenue

$3,708,639

CONTRACT REVENUE

Revenue

$1,096,699

MANAGEMENT FEES

Revenue

$647,973

RENTAL FROM AFFILIATE

Revenue

$85,158

Organization Details

Founding Year

1993

Principal Officer

David Butler

Main Address

PO BOX 5183, MERIDIAN, MS, 393025183

NTEE Category

Code: E320 - Health

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