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Prymed Medical Care Inc

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

EIN: 660428120 ✦ Ciales, PR ✦ Designated as a 501(c)(3)

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Overview

What is Prymed Medical Care Inc?

Prymed Medical Care Inc is a nonprofit healthcare organization based in Ciales, Puerto Rico. They are federally qualified under Section 330 of the Public Health Services Act and specialize in providing prevention, diagnostic, and emergency medical services. The organization does not offer hospitalization. With a mission to enhance the health and wellness of the local community, Prymed Medical Care Inc focuses on holistic care. They currently employ 196 individuals to carry out their mission.


Official website here: www.prymedical.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: One-Star out of Four Stars (56%)

Prymed Medical Care Inc has received a One-Star rating from Charity Navigator, reflecting concerns regarding its financial management and transparency. While the organization excels in governance, with 100% independent board members and strong oversight practices, it struggles with financial ratios. Notably, the program expense ratio is low, indicating that only a small portion of its expenditures are directed towards its mission-related activities.

The organization does meet several accountability benchmarks, such as having a comprehensive conflict of interest policy and maintaining accurate board meeting minutes. However, the absence of the tax form on its website and a concerning liabilities to assets ratio highlight significant areas for improvement. These factors contribute to the overall low score and raise questions about the charity's operational efficiency.

Overall, while Prymed Medical Care Inc demonstrates sound governance practices, the financial metrics suggest a need for greater focus on programmatic spending and transparency. Stakeholders and potential donors may want to consider these factors carefully when evaluating their support for the organization.


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

Is Prymed Medical Care Inc legitimate?

Prymed Medical Care Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Prymed Medical Care 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: $274,402
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,687,485

For more financial information, click here


Official website here: www.prymedical.com

What is the mission statement of Prymed Medical Care Inc?

Prymed Medical Care Inc is dedicated to guiding the local population towards optimal health and wellness through holistic care. As a federally qualified health center under Section 330 of the Public Health Services Act, this organization focuses on providing preventative, diagnostic, and emergency medical services. Despite not offering hospitalization services, Prymed Medical Care Inc remains committed to improving the health standards of its community through comprehensive and integrated healthcare approaches. By prioritizing the wellbeing of its patients, Prymed Medical Care Inc aims to create a healthier and more vibrant local population.


Official website here: www.prymedical.com

Who is the CEO of Prymed Medical Care Inc?

Gladys Rivera Estela is the Executive Director of Prymed Medical Care Inc.


Official website here: www.prymedical.com

What is the revenue of Prymed Medical Care Inc?

Prymed Medical Care Inc's revenue in 2023 was $30,109,334.


Official website here: www.prymedical.com

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

The average compensation at Prymed Medical Care Inc during 2023 was $35,520. There are 196 employees at Prymed Medical Care Inc.


Here are 12 key members and their salaries:


Gladys Rivera Estela (Executive Director)
  • Compensation: $99,970
  • Related: $0
  • Other: $7,200
Eric Alicea Martinez (Medical Director)
  • Compensation: $174,432
  • Related: $0
  • Other: $12,700
Nilda Gonzalez Rosario (Board President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Trinidad Pagan Calderon (Sub Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erick M Mercado Del Rio (Moderator)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hector Lopez Cortes (Vocal)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maribel Otero Cartagena (Vocal)
  • Compensation: $0
  • Related: $0
  • Other: $0
Luz Melendez Garcia (Vocal)
  • Compensation: $0
  • Related: $0
  • Other: $0
Luis Rosario Gonzalez (Vocal)
  • Compensation: $0
  • Related: $0
  • Other: $0
Victor Vega Rivera (Board Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carmen Rodriguez Rivera (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Milagros Figueroa Alvarez (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.prymedical.com

Where can I find the form 990 for Prymed Medical Care Inc?

Prymed Medical Care Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.prymedical.com

Learn more at the official website: www.prymedical.com

Mission Statement of Prymed Medical Care Inc

Prymed Medical Care Inc, a federally qualified health center, is dedicated to guiding the local community towards optimal health and wellness. Through holistic care, this mission-driven organization aims to elevate the standard of health for the population it serves.

Prymed Medical Care Inc's primary focus is on preventative, diagnostic, and emergency medical services. Committed to making a difference in people's lives, the organization goes above and beyond to ensure access to essential healthcare for the community it serves. Despite not being a hospital, it offers vital medical services that cater to the diverse needs of its clientele, maintaining a high level of care and attention.

By putting the community's health and wellbeing at the forefront, Prymed Medical Care Inc strives to be a beacon of hope and recovery. Its team of healthcare professionals works tirelessly to provide comprehensive care, addressing each patient's unique requirements with compassion and expertise. The organization's dedication to holistic care ensures that the community it serves receives not only medical treatment but also the emotional and mental support needed for a complete recovery.

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Impact




October, 2024

Prymed Medical Care Inc significantly impacts the community of Ciales, Puerto Rico, through its commitment to health and wellness. By providing a range of medical services, including prevention, diagnostics, and emergency care, the organization addresses critical health needs within the population. Its holistic approach prioritizes the overall well-being of individuals, fostering a healthier community.

Operating as a Federally Qualified Health Center, Prymed Medical Care Inc serves as an essential resource for residents, ensuring access to quality healthcare services. This accessibility contributes to better health outcomes, empowering individuals to lead healthier lives and guiding them toward optimal wellness. The organization's focus on preventive care also helps reduce the burden of chronic conditions, ultimately benefiting the wider community's health infrastructure. Through these efforts, Prymed Medical Care Inc plays a pivotal role in elevating health standards and enhancing the quality of life for residents in the nearby municipality.




This information is meant to be a general summary of Prymed Medical Care 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
$30,109,334 (2023)
Expenses
$26,855,997 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $72,646
  • Program Service Revenue: $25,639,700
  • Gross Receipts: $30,109,334

Assets and Liabilities:

  • Total Assets: $32,090,839
  • Total Liabilities: $5,382,821
  • Net Assets: $26,708,018

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Programs

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

CAPITATION

Revenue

$14,938,867

PROGRAM INCOME

Revenue

$6,791,390

FEES AND CONTRACT

Revenue

$3,909,443

Organization Details

Founding Year

1986

Principal Officer

Gladys Rivera Estela

Main Address

PO BOX 1427, CIALES, PR, 006381427

NTEE Category

Code: E20Z - Health

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