Deaconess Specialty Physicians Inc

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

EIN: 824503095 ✦ Evansville, IN ✦ Designated as a 501(c)(3)

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Overview

What is Deaconess Specialty Physicians Inc?

Deaconess Specialty Physicians Inc is a 501(c)(3) nonprofit organization based in Evansville, Indiana. Their primary focus is delivering healthcare and medical services to the public, as well as conducting scientific research in various fields, including medical sciences, economics, public health, sociology, and related areas. Their team consists of 18 physicians, 15 mid-level providers, and 72 full-time nursing and administrative staff. Their mission extends beyond direct patient care, aiming to develop and improve capabilities for those studying, teaching, and practicing medicine and healthcare occupations. They collaborate with the Deaconess Health System and Deaconess Hospital, Inc., and their affiliates, offering health care, medical services, and health-related education within the community. Additionally, they instruct the general public on medical science, public health, and hygiene, among other relevant topics.


Official website here: www.deaconess.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement

Deaconess Specialty Physicians Inc has received a Two-Star out of Four Star rating from Charity Navigator, scoring 66% overall. This rating indicates that while the organization demonstrates a commitment to transparency in many areas, there are significant concerns regarding governance, particularly the lack of independent board members. All eight board members are not independent, which may affect the organization's accountability.

Despite these governance issues, Deaconess Specialty Physicians shows strength in financial oversight, as evidenced by a perfect score for its audit and oversight committee. The organization also maintains solid policies related to conflict of interest, whistleblower protections, and document retention. Furthermore, it allocates a high percentage of its expenditures toward programs, boasting an impressive program expense ratio of 86.50%.

However, there are notable limitations, particularly regarding financial liabilities, as indicated by a liabilities to assets ratio of 247.84%, which raises concerns about financial stability. Moreover, the absence of the tax form on the nonprofit's website is a significant oversight, indicating a potential gap in transparency that may hinder public trust. Overall, while Deaconess Specialty Physicians Inc shows some strengths, important areas for improvement remain.


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

Is Deaconess Specialty Physicians Inc legitimate?

Deaconess Specialty Physicians Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Deaconess Specialty Physicians 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: $71,923
Professional Fundraising Fees: $0
Other Salaries and Wages: $23,720,325

For more financial information, click here


Official website here: www.deaconess.com

What is the mission statement of Deaconess Specialty Physicians Inc?

Deaconess Specialty Physicians is a non-profit organization dedicated to delivering healthcare and conducting research in various fields related to medical sciences, economics, public health, sociology, and related areas. Their mission encompasses improving and developing the capabilities of individuals and institutions involved in the study, teaching, and practice of medicine and healthcare occupations. They aim to provide health care, medical services, and health-related education in a coordinated and integrated manner, benefiting both individuals and the community. Additionally, they engage in instructing the public on medical science, public health, and hygiene, as well as other activities that contribute to the accomplishment of their objectives.


Official website here: www.deaconess.com

Who is the CEO of Deaconess Specialty Physicians Inc?

Cheryl Wathen is the Chairman of Deaconess Specialty Physicians Inc.


Official website here: www.deaconess.com

What is the revenue of Deaconess Specialty Physicians Inc?

Deaconess Specialty Physicians Inc's revenue in 2022 was $19,381,399.


Official website here: www.deaconess.com

Who are the executives of Deaconess Specialty Physicians Inc and what are their salaries?

The average compensation at Deaconess Specialty Physicians Inc during 2022 was $147,778. There are 161 employees at Deaconess Specialty Physicians Inc.


Here are 9 key members and their salaries:


Bradley Scheu (Chairman)
  • Compensation: $0
  • Related: $491,356
  • Other: $108,540
Lynn Lingafelter (Vice Chair Person Term Ended Apr'22)
  • Compensation: $55,325
  • Related: $768,423
  • Other: $168,693
Dr James Porter (Vice Chair Person Term Began Apr'22)
  • Compensation: $0
  • Related: $1,212,457
  • Other: $205,756
Cheryl Wathen (Secretary/Treasurer)
  • Compensation: $0
  • Related: $823,460
  • Other: $195,557
Hoang Tran Md (Physician)
  • Compensation: $1,313,136
  • Related: $0
  • Other: $25,974
James Neahring Md (Physician)
  • Compensation: $1,268,735
  • Related: $0
  • Other: $42,755
Chandrashekar Kumbar Md (Physician)
  • Compensation: $1,209,221
  • Related: $0
  • Other: $19,811
Lee Wagmeister Md (Physician)
  • Compensation: $1,182,469
  • Related: $0
  • Other: $35,210
Nathan Reed Md (Physician)
  • Compensation: $1,128,734
  • Related: $0
  • Other: $23,765


Official website here: www.deaconess.com

Where can I find the form 990 for Deaconess Specialty Physicians Inc?

Deaconess Specialty Physicians Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.deaconess.com

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

Mission Statement of Deaconess Specialty Physicians Inc

Deaconess Specialty Physicians Inc, a 501(c)(3) organization, is dedicated to delivering healthcare and medical services to the public. The organization carries out scientific research and projects in various fields, including medical sciences, medical economics, public health, sociology, and related areas. Deaconess Specialty Physicians aims to improve and develop the capabilities of individuals and institutions studying, teaching, and practicing medicine and other healthcare occupations.

In the community, Deaconess Specialty Physicians offers healthcare, medical services, and health-related education in a systematic, integrated, and coordinated manner with the Deaconess Health System and Deaconess Hospital, Inc. and their affiliates. They engage in the instruction of the general public in the areas of medical science, public health, and hygiene, and related instruction useful to individuals and beneficial to the community. The organization conducts other activities deemed useful or appropriate to the accomplishment of these purposes or as otherwise permitted by law.

Deaconess Specialty Physicians employs 18 physicians, 15 mid-level providers, and 72 full-time nursing and administrative staff. They are committed to enhancing the well-being of the public through top-tier healthcare services and groundbreaking research. Their mission underscores their dedication to making a difference in people's lives by addressing their healthcare needs and driving advancements in medical knowledge.

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Impact




October, 2024

Deaconess Specialty Physicians Inc. plays a crucial role in enhancing healthcare delivery and medical services in the Evansville community. Through a dedicated team of 18 physicians, 15 mid-level providers, and 72 nursing and administrative staff, it offers a wide range of specialized healthcare services, ensuring that the public has access to quality medical care.

The organization also engages in significant scientific research aimed at advancing knowledge in medical sciences, public health, and related fields. This focus on research not only contributes to the development of innovative medical practices but also fosters improvements in public health outcomes.

Moreover, Deaconess Specialty Physicians is committed to enhancing the capabilities of healthcare professionals and institutions. By providing training and educational resources, it helps cultivate a skilled healthcare workforce that can meet the evolving needs of the community. Their systematic and coordinated approach to healthcare delivery, in collaboration with the Deaconess Health System and Deaconess Hospital, strengthens the overall healthcare infrastructure in the area.

Additionally, the organization's efforts in public health education empower individuals and communities to make informed decisions about their health and hygiene. By conducting outreach and instructional programs, Deaconess Specialty Physicians promotes awareness and proactive health management among the population.

Overall, Deaconess Specialty Physicians Inc. has a profound impact on the health and wellbeing of the Evansville community, not only by delivering essential medical services but also by fostering research, education, and public health initiatives that benefit all.




This information is meant to be a general summary of Deaconess Specialty Physicians 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
$19,381,399 (2022)
Expenses
$32,210,344 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $6,071
  • Program Service Revenue: $19,375,328
  • Gross Receipts: $19,381,399

Assets and Liabilities:

  • Total Assets: $5,696,427
  • Total Liabilities: $14,118,114
  • Net Assets: -$8,421,687

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Programs

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

NET PATIENT REVENUE

Revenue

$19,375,328

Organization Details

Founding Year

2018

Principal Officer

Cheryl Wathen

Main Address

600 MARY STREET, EVANSVILLE, IN, 47747

NTEE Category

Code: E32 - Health

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