Overview
What is Watts Healthcare Corporation?
Watts Healthcare Corporation is a nonprofit organization based in Los Angeles, California, located at 10300 Compton Avenue, ZIP code 90002. With a team of 320 employees, they are dedicated to improving the health and well-being of their community by ensuring access to compassionate, quality primary healthcare services. Their mission extends beyond operating medical clinics, as they also promote health and other programs within the City of Los Angeles and its surrounding areas. The organization, which is federally funded under HRSA Grant Section 330 of the Department of Health and Human Services, provides primary medical care, dental services, behavioral health, and specialty services such as podiatry, ophthalmology, and optometry. Through added state Medi-Cal revenue and federal funding like Medicare, they served a total of 18,770 patients in 2021. Their commitment to culturally-sensitive care makes them an essential resource for the community they serve.
Official website here: www.wattshealth.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 96% - Four-Star out of Four Star rating.
Watts Healthcare Corporation has achieved an impressive 96% rating, reflecting strong accountability and financial management. The organization boasts a fully independent board, ensuring unbiased governance and effective oversight. Its commitment to transparency is evident through its robust financial practices, including a solid audit and oversight committee, earning full marks across several key accountability metrics.
Strengths highlighted in the data include a high program expense ratio of 81.05%, indicating that a significant portion of its resources is directed towards fulfilling its mission. Additionally, the absence of material diversion of assets further underscores the organization's integrity and responsible stewardship. The presence of comprehensive policies, such as those regarding conflicts of interest and whistleblower protections, enhances its governance framework.
Despite its strengths, there may be areas for continued improvement, although specific limitations were not detailed in the data. Overall, Watts Healthcare Corporation's exemplary rating signifies its dedication to transparency and effective use of resources in serving its community.
This AI summary has been generated from information found on Charity Navigator.
Is Watts Healthcare Corporation legitimate?
Watts Healthcare Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Watts Healthcare Corporation 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: $2,080,053
Professional Fundraising Fees: $0
Other Salaries and Wages: $14,906,621
For more financial information, click here
Official website here: www.wattshealth.org
What is the mission statement of Watts Healthcare Corporation?
Watts Healthcare Corporation is dedicated to enhancing the health and well-being of the individuals they serve by ensuring access to quality, compassionate, and culturally-sensitive preventative and primary healthcare services. The organization goes beyond just operating medical clinics, as they promote health and various programs within their community. Through a combination of federal HRSA grants, Medi-Cal revenue, and federal funding such as Medicare, Watts Healthcare Corporation provides primary medical care, dental services, behavioral health, and specialty services like podiatry, ophthalmology, and optometry. In 2020, they served a total of 18,770 patients.
Official website here: www.wattshealth.org
Who is the CEO of Watts Healthcare Corporation?
Michael Johnson is the CEO of Watts Healthcare Corporation The CEO's salary of Watts Healthcare Corporation is $78,497 and their total compensation is $86,227.
Official website here: www.wattshealth.org
What is the revenue of Watts Healthcare Corporation?
Watts Healthcare Corporation's revenue in 2023 was $36,937,251.
Official website here: www.wattshealth.org
Who are the executives of Watts Healthcare Corporation and what are their salaries?
The average compensation at Watts Healthcare Corporation during 2023 was $50,256. There are 338 employees and 13 volunteers at Watts Healthcare Corporation.
Here are 29 key members and their salaries (Watts Healthcare Corporation's CEO's salary is $78,497 and their total compensation is $86,227):
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- Compensation: $212,407
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- Other: $25,636
- Compensation: $78,497
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- Other: $7,730
- Compensation: $206,131
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- Compensation: $315,506
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- Other: $42,131
- Compensation: $254,940
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- Other: $37,765
- Compensation: $227,897
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- Other: $29,482
- Compensation: $212,253
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- Other: $35,349
- Compensation: $186,596
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- Other: $18,521
- Compensation: $162,071
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- Other: $25,474
- Compensation: $219,667
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- Other: $19,626
- Compensation: $210,392
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- Other: $25,255
- Compensation: $180,288
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- Other: $40,589
- Compensation: $163,005
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- Other: $8,150
- Compensation: $162,225
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- Other: $8,495
Official website here: www.wattshealth.org
Where can I find the form 990 for Watts Healthcare Corporation?
Watts Healthcare Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.wattshealth.org
Learn more at the official website: www.wattshealth.org
Mission Statement of Watts Healthcare Corporation
Watts Healthcare Corporation, a leading healthcare organization, strives to enhance the health and well-being of the communities it serves by ensuring access to compassionate, quality, culturally-sensitive preventative and primary healthcare services. The corporation's primary focus is on operating medical clinics and promoting health and other programs within the city and its surrounding areas.
Federally recognized under HRSA Grant Section 330 of the Department of Health and Human Services, Watts Healthcare Corporation offers a comprehensive range of services. Their offerings include primary medical care, dental services, behavioral health, and specialty services such as podiatry, ophthalmology, and optometry. Through combined revenue from Medi-Cal, federal funding like Medicare, and the HRSA grant, the corporation is able to provide essential healthcare services to a significant number of patients, which totalled 18,770 in the last record.
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Impact
October, 2024
Watts Healthcare Corporation significantly enhances the health and well-being of individuals and communities in Los Angeles. By providing access to compassionate, quality, and culturally-sensitive healthcare services, it plays a crucial role in addressing health disparities and improving health outcomes for a diverse population.
Through its federally funded programs, Watts Healthcare offers a comprehensive range of services, including primary medical care, dental care, behavioral health, and specialty services like podiatry, ophthalmology, and optometry. In the past year alone, the organization served approximately 18,770 patients, demonstrating its vital presence in the community.
The corporation's focus on preventive and primary health care not only supports individual health needs but also fosters a healthier community overall. By operating medical clinics and promoting health programs throughout Los Angeles and surrounding areas, Watts Healthcare Corporation continues to be a pivotal force in striving for health equity and improving access to essential healthcare services.
This information is meant to be a general summary of Watts Healthcare Corporation. 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 2023.
- Investment Income: $154,883
- Program Service Revenue: $19,786,030
- Gross Receipts: $36,937,251
Assets and Liabilities:
- Total Assets: $33,455,671
- Total Liabilities: $11,359,596
- Net Assets: $22,096,075
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NET PATIENT SERVICES
Revenue
$12,953,945
CAPITATION REVENUES
Revenue
$5,155,157
PHARMACY REVENUES
Revenue
$1,375,872
OTHER PROGRAM REVENUE
Revenue
$297,531
MEDICAL RECORDS
Revenue
$3,525
Organization Details
Founding Year
2002
Principal Officer
Barrett Hatches Phd
Website
www.wattshealth.orgNTEE Category
Code: E30 - Health
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