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Hpm 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: 660437924 ✦ Designated as a 501(c)(3)

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Overview

What is Hpm Foundation Inc?

The Hpm Foundation Inc is a nonprofit organization situated in San Juan, Puerto Rico. With a team of 281 dedicated employees, they provide primary and supplemental health services to the medically underserved residents in the Santurce Ward and the municipal islands, Vieques and Culebra. Their scope of care encompasses various aspects of healthcare, including general medicine, gynecology, pediatrics, dentistry, vision, clinical psychology, and patient/community education. The foundation is committed to enhancing the overall well-being of the underserved population by addressing their diverse health needs.


Official website here: www.healthpromed.org

What are the reviews and ratings of this charity?

Charity Navigator Rating 96%

Hpm Foundation Inc has received a Four-Star out of Four Star rating from Charity Navigator, reflecting its high performance in accountability and finance. With a score of 96%, the organization demonstrates strong financial health and transparency, which is crucial for donor trust and engagement. The absence of any material diversion of assets and a solid audit and oversight committee further solidify its reputation.

The organization boasts a fully independent board, comprising 10 members, which enhances its governance structure. Additionally, it has implemented comprehensive policies, including conflict of interest and whistleblower policies, ensuring ethical standards are maintained. Such practices indicate a commitment to responsible management and operational integrity.

On the financial front, Hpm Foundation Inc demonstrates effective resource allocation with an impressive program expense ratio of 88.67%, indicating that a significant portion of its funds directly supports its mission. However, ongoing evaluation of its impact and engagement with the community may help enhance its overall effectiveness and visibility in the nonprofit landscape.


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

Is Hpm Foundation Inc legitimate?

Hpm Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hpm 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: $9,061,781

For more financial information, click here


Official website here: www.healthpromed.org

What is the mission statement of Hpm Foundation Inc?

The Hpm Foundation Inc is dedicated to delivering primary ambulatory, supplemental, and environmental health services to medically underserved communities. Their mission extends to the residents of the Santurce Ward, Carolina, as well as the Municipal islands of Vieques and Culebra. The organization offers a range of services including general medicine, gynecology, pediatrics, dentistry, vision care, clinical psychology, and patient education. These essential health services aim to improve the overall well-being of the underserved population, ensuring they have access to necessary care and resources for better health outcomes.


Official website here: www.healthpromed.org

Who is the CEO of Hpm Foundation Inc?

Ivonne Rivera Hernandez is the Executive Director of Hpm Foundation Inc.


Official website here: www.healthpromed.org

What is the revenue of Hpm Foundation Inc?

Hpm Foundation Inc's revenue in 2023 was $60,915,741.


Official website here: www.healthpromed.org

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

The average compensation at Hpm Foundation Inc during 2023 was $32,248. There are 281 employees at Hpm Foundation Inc.


Here are 24 key members and their salaries:


Ivonne Rivera Hernandez (Executive Director)
  • Compensation: $231,909
  • Related: $0
  • Other: $0
Jorge F Vazquez Perez (Medical Director)
  • Compensation: $175,728
  • Related: $0
  • Other: $0
Hector L Villanueva Rodriguez (Senior Medical Consultant)
  • Compensation: $149,890
  • Related: $0
  • Other: $0
Alwin L Torres Ortiz (General Practitioner)
  • Compensation: $136,751
  • Related: $0
  • Other: $0
Miguel A Rivera Viera (Family Doctor)
  • Compensation: $128,156
  • Related: $0
  • Other: $0
Beltran Shuck Jose J (Director)
  • Compensation: $116,533
  • Related: $0
  • Other: $0
Marangely Collazo Vega (Director)
  • Compensation: $114,088
  • Related: $0
  • Other: $0
Darrelle M Villarini Cordova (Pediatric Doctor)
  • Compensation: $110,072
  • Related: $0
  • Other: $0
Grissel Munoz Vargas (Pediatric Doctor)
  • Compensation: $107,843
  • Related: $0
  • Other: $0
Edwin E Pagan Lopez (Internist)
  • Compensation: $107,792
  • Related: $0
  • Other: $0
Ivonne M Rosario Calderon (Pharmacy Graduate)
  • Compensation: $107,685
  • Related: $0
  • Other: $0
Juan M Roman Vega (General Practicioner)
  • Compensation: $106,528
  • Related: $0
  • Other: $0
Sandra S Rodriguez Cruz (Pediatric Doctor)
  • Compensation: $103,953
  • Related: $0
  • Other: $0
Jose M Ortiz Betancourt (General Practicioner)
  • Compensation: $103,001
  • Related: $0
  • Other: $0
Nelson Cordero Gonzalez (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Zaida I Torres Rodriguez (Vicepresident)
  • Compensation: $0
  • Related: $0
  • Other: $0
Oscar Reinosa Cedo (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rose Marie Cisneros Calderon (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Monica De Jesus Figueroa (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Veronica Melendez Gonzalez (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carmen Torres Escute (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elba Marin Encarnacion (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charlie Ortolaza Martinez (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Javier Matos Valenzuela (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.healthpromed.org

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

Hpm Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.healthpromed.org

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

Mission Statement of Hpm Foundation Inc

Hpm Foundation Inc, a dedicated nonprofit organization, is committed to enhancing the health and wellbeing of medically underserved communities. With a focus on primary ambulatory, supplemental, and environmental health services, Hpm Foundation aims to make a significant impact on the lives of those in need.

In more detail, Hpm Foundation provides essential medical care to individuals who face barriers in accessing basic healthcare services. The organization's scope extends to offering services in various medical areas including general medicine, gynecology, pediatrics, dental, vision, clinical psychology, and patient/community education. By addressing these diverse health needs, Hpm Foundation plays a vital role in improving the overall health status of the underserved population it serves.

The mission of Hpm Foundation is rooted in its dedication to addressing the healthcare disparities faced by marginalized communities. By offering primary ambulatory care, the organization ensures that individuals have access to ongoing medical care and attention. Supplemental health services provided by Hpm Foundation help address the unique and additional health needs that may arise for the underserved population. Lastly, the organization's focus on environmental health services highlights its commitment to improving the overall living conditions of the communities it serves, which is a crucial factor in promoting good health and preventing diseases.

Through its comprehensive range of healthcare services, Hpm Foundation empowers medically underserved individuals to take control of their health and wellbeing, ultimately contributing to stronger, healthier communities.

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Impact




October, 2024

Hpm Foundation Inc significantly impacts the Santurce Ward and surrounding areas by delivering essential health services to medically underserved residents. The foundation provides a comprehensive range of primary ambulatory care, addressing critical health needs through general medicine, gynecology, pediatrics, dental care, vision services, and clinical psychology.

Additionally, Hpm Foundation Inc engages in patient and community education, empowering individuals with the knowledge and resources necessary to make informed health decisions. By serving diverse populations in San Juan, Carolina, Vieques, and Culebra, the foundation plays a vital role in enhancing the overall health and well-being of these communities, ultimately reducing health disparities and promoting access to quality healthcare for all.




This information is meant to be a general summary of Hpm 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
$60,915,741 (2023)
Expenses
$57,103,140 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $14,721
  • Program Service Revenue: $48,018,676
  • Gross Receipts: $60,915,741

Assets and Liabilities:

  • Total Assets: $32,852,613
  • Total Liabilities: $1,659,204
  • Net Assets: $31,193,409

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Programs

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

PREMIUM REVENUES (CAPITATION)

Revenue

$40,411,597

PATIENT SERVICES REVENUES

Revenue

$7,607,079

Organization Details

Founding Year

1987

Principal Officer

Ivonne Rivera Hernandez

NTEE Category

Code: E320 - Health

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