Family Medical Centers Community 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: 850638638 ✦ Russell springs, KY ✦ Designated as a 501(c)(3)

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Overview

What is Family Medical Centers Community Foundation Inc?

Family Medical Centers Community Foundation Inc is a nonprofit organization established to support and advance the works of Cumberland Family Medical Center, Inc. Based in Russell Springs, Kentucky, the foundation focuses on scholarships, physician recruitment, long-term investments, and community outreach to benefit the medical center. Its mission aligns with Cumberland Family Medical Center's purposes, aiming to improve healthcare access and opportunities within the community. Currently, there are no ongoing activities, but planned initiatives seek to promote growth and development.


Official website here: www.cumberlandfamilymedicalcenter.com

What are the reviews and ratings of this charity?

The Family Medical Centers Community Foundation Inc. is not currently rated by Charity Navigator due to insufficient electronically-filed IRS Form 990 data. Although lacking a rating, this does not imply a positive or negative stance on the organization. This status stems from the organization's need to submit an additional year's worth of filings for adequate evaluation under Accountability & Finance as well as other methodologies like Impact & Measurement.

From the available data, the foundation is registered under IRS classification 509(a)(3) Type I as an Independent entity. The records disclose key financial details, such as the CEO compensation, which is markedly significant at over one million dollars. The absence of comprehensive ratings for Leadership, Culture, and Impact reflects missing data rather than performance deficiencies.

No user reviews are available on GreatNonprofits, which implies a lack of publicly shared individual experiences or feedback with this organization. The current lack of data both from Charity Navigator and user feedback suggests a need for greater transparency and participation in public-review systems to better inform stakeholders and potential donors.


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

Is Family Medical Centers Community Foundation Inc legitimate?

Family Medical Centers Community Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Family Medical Centers Community 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: $0

For more financial information, click here


Official website here: www.cumberlandfamilymedicalcenter.com

What is the mission statement of Family Medical Centers Community Foundation Inc?

The Family Medical Centers Community Foundation Inc is established to support and advance the objectives of Cumberland Family Medical Center Inc. Its mission is to carry out the functions and purposes of the medical center. Currently, there are no active endeavors underway, but planned initiatives include distributing scholarships, recruiting physicians, making long-term investments, and engaging in community outreach. The foundation aims to promote and further the works of the medical center.


Official website here: www.cumberlandfamilymedicalcenter.com

Who is the CEO of Family Medical Centers Community Foundation Inc?

Ryan Smith is the Ceo Of Cfmc/Med Dir/Physician of Family Medical Centers Community Foundation Inc. The CEO's salary of Family Medical Centers Community Foundation Inc is $0 and their total compensation is $1,212,566.


Official website here: www.cumberlandfamilymedicalcenter.com

What is the revenue of Family Medical Centers Community Foundation Inc?

Family Medical Centers Community Foundation Inc's revenue in 2022 was $15,356,777.


Official website here: www.cumberlandfamilymedicalcenter.com

Who are the executives of Family Medical Centers Community Foundation Inc and what are their salaries?

There 3 volunteers at Family Medical Centers Community Foundation Inc.


Here are 4 key members and their salaries (Family Medical Centers Community Foundation Inc's CEO's salary is $0 and their total compensation is $1,212,566):


Eric Loy Md (Ceo Of Cfmc/Med Dir/Physician)
  • Compensation: $0
  • Related: $1,168,681
  • Other: $43,885
Paula Little (Chair)
  • Compensation: $0
  • Related: $1,217
  • Other: $0
Bridget Booher (Treasurer)
  • Compensation: $0
  • Related: $1,338
  • Other: $0
Jim Flowers (Secretary)
  • Compensation: $0
  • Related: $1,460
  • Other: $0


Official website here: www.cumberlandfamilymedicalcenter.com

Where can I find the form 990 for Family Medical Centers Community Foundation Inc?

Family Medical Centers Community Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.cumberlandfamilymedicalcenter.com

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

Mission Statement of Family Medical Centers Community Foundation Inc

Family Medical Centers Community Foundation, Inc. is a charitable organization dedicated to supporting and advancing the goals of Cumberland Family Medical Center, Inc. In essence, this foundation functions as a partner to Cumberland Family Medical Center, Inc., working to promote its mission and carry out its purposes. At present, there are no active initiatives underway by the foundation. However, it has plans to distribute scholarships, recruit physicians, make long-term investments, and engage in community outreach. By doing so, Family Medical Centers Community Foundation, Inc. aims to contribute significantly to the important work of Cumberland Family Medical Center, Inc., ultimately improving the health and well-being of the communities it serves.

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Impact




October, 2024

Family Medical Centers Community Foundation Inc significantly impacts the health and well-being of the community by supporting the initiatives of Cumberland Family Medical Center. Its mission focuses on promoting, supporting, and furthering the services provided by the medical center, ensuring that quality healthcare is accessible to all.

The foundation aims to address critical areas such as physician recruitment to enhance local healthcare services, ensuring that the community has access to qualified medical professionals. Additionally, by planning to distribute scholarships, it fosters educational opportunities for those pursuing careers in healthcare, securing a future pipeline of healthcare providers for the area.

Long-term investments will also play a crucial role in sustaining and expanding healthcare services in the region, allowing for better facilities, technology, and programs that cater to the community's needs. Through community outreach efforts, the foundation works to raise awareness, provide resources, and engage residents in health-related initiatives, ultimately promoting a healthier population in Russell Springs, KY, and surrounding areas.




This information is meant to be a general summary of Family Medical Centers Community 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
$15,356,777 (2022)
Expenses
$275,138 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $222,356
  • Gross Receipts: $15,847,293

Assets and Liabilities:

  • Total Assets: $76,966,470
  • Total Liabilities: $92,108
  • Net Assets: $76,874,362

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Organization Details

Founding Year

2020

Principal Officer

Ryan Smith

Main Address

PO BOX 2399, RUSSELL SPRINGS, KY, 42642

NTEE Category

Code: E11 - Health

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