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Paeon Health Services Inc

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

EIN: 821064427 ✦ Austin, TX ✦ Designated as a 501(c)(3)

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Overview

What is Paeon Health Services Inc?

Paeon Health Services Inc is a nonprofit organization dedicated to facilitating the delivery of essential health care and social services to individuals, particularly those who are financially disadvantaged. Their mission is to ensure that these individuals receive necessary medical and social support, without specifying a formal, board-adopted mission statement. Their primary activity involves aiding in the provision of various health care and social services, focusing on serving the indigent population.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 75% (Three-Star out of Four Stars)

Paeon Health Services Inc has received a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance. The organization’s overall score is derived entirely from its Accountability & Finance metrics, where it achieved a commendable score of 75%. This reflects the charity's commitment to transparency and responsible financial management.

The organization excels in various financial aspects, including a perfect score for its financial statements audit and a strong program expense ratio of 98.69%. Additionally, Paeon Health Services has implemented essential governance practices, such as having a conflict of interest policy and a whistleblower policy, both of which received full points. The minutes of board meetings are documented, showcasing the organization’s commitment to transparency.

While the rating is positive, the focus on the Accountability & Finance score alone highlights a limitation; potential donors may desire more comprehensive information on the effectiveness and impact of the charity’s programs. Overall, Paeon Health Services Inc demonstrates a strong foundation in financial accountability, which is crucial for stakeholder confidence.


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

Is Paeon Health Services Inc legitimate?

Paeon Health Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Paeon Health Services 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 Paeon Health Services Inc?

Paeon Health Services Inc's mission is centered around facilitating the delivery of healthcare and other essential social services to individuals, with a special focus on those who are financially disadvantaged. The organization strives to make these services accessible to all, regardless of their financial situation. However, it appears that the company has not formally adopted a mission statement as a board resolution. Despite this, their activities reflect a commitment to serving the healthcare needs of underserved communities.

Who is the CEO of Paeon Health Services Inc?

Scott J Posecai is the Director/Secretary/Treasurer of Paeon Health Services Inc.

What is the revenue of Paeon Health Services Inc?

Paeon Health Services Inc's revenue in 2021 was $5,044,933.

Who are the executives of Paeon Health Services Inc and what are their salaries?

There are 11 employees at Paeon Health Services Inc.


Here are 8 key members and their salaries:


Peter C November (Director/Secretary/Treasurer)
  • Compensation: $0
  • Related: $2,198,415
  • Other: $378,814
Scott J Posecai (Director/President)
  • Compensation: $0
  • Related: $3,619,506
  • Other: $565,951
Russell P Henry Md (Physician)
  • Compensation: $323,729
  • Related: $0
  • Other: $32,059
Willard T Dalton Md (Physician)
  • Compensation: $315,271
  • Related: $0
  • Other: $43,932
Francis Lewis Md (Physician)
  • Compensation: $489,164
  • Related: $0
  • Other: $38,128
Bedford Nieves-Cruz Md (Physician)
  • Compensation: $448,244
  • Related: $0
  • Other: $45,874
Michael Prejean Md (Physician)
  • Compensation: $513,258
  • Related: $0
  • Other: $32,124
Jared M Roussel Md (Physician)
  • Compensation: $481,184
  • Related: $0
  • Other: $15,093
Where can I find the form 990 for Paeon Health Services Inc?

Paeon Health Services Inc's most recent form 990 was submitted in 2021 and can be accessed here.

Mission Statement of Paeon Health Services Inc

Paeon Health Services Inc, as stated in its description, is dedicated to facilitating the provision of health care and other social services to individuals, particularly those who are indigent. The organization's mission is multifaceted, focusing on making health care and social services accessible to individuals who may not otherwise have access to these resources. By doing so, Paeon Health Services Inc aims to contribute to the well-being of its community, ensuring that everyone has the opportunity to lead a healthier and more stable life. The organization's activities are centered around providing essential services to those in need, without discriminating based on financial status.

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Impact




July, 2024

Paeon Health Services Inc facilitates the provision of health care and other social services to individuals, including the indigent, in Austin, TX. By focusing on this mission, Paeon Health Services Inc is making a significant impact on improving the health and well-being of vulnerable individuals in the community. Their efforts contribute to ensuring that those in need have access to essential healthcare services, ultimately helping to create a healthier and more equitable society.




This information is meant to be a general summary of Paeon Health Services 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
$5,044,933 (2021)
Expenses
$5,170,181 (2021)
Efficiency

Other financial information:

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

  • Program Service Revenue: $1,644,933
  • Gross Receipts: $5,044,933

Assets and Liabilities:

  • Total Assets: $282,647
  • Total Liabilities: $0
  • Net Assets: $282,647

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Programs

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

FEES FOR SERVICES

Revenue

$1,644,933

Organization Details

Founding Year

2017

Principal Officer

Scott J Posecai

Main Address

2801 VIA FORTUNA 500, AUSTIN, TX, 78746

NTEE Category

Code: E60 - Health

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