Overview
What is Tufts Medical Center Physicians Organization Inc?
Tufts Medical Center Physicians Organization Inc, also known as Pratt Associates, is a Boston-based nonprofit organization primarily providing medical and healthcare services to patients of Tufts Medical Center, an exempt non-private organization. With a workforce of 971 employees, their mission is focused on promoting health and preventing disease, with patients and families at the core of their operations. They contribute significantly to the Medical Center and Tufts University School of Medicine by acting as instructors, and their physicians serve as integral parts of patient care, medical education, and research services. The organization's dedication to innovation, leadership, charity, and delivering the highest standard of care is reflected in their long-standing tradition within the community.
Official website here: www.tuftsmedicine.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Tufts Medical Center Physicians Organization Inc has received a two-star rating from Charity Navigator, indicating that there are several areas of concern within the organization despite a strong performance in accountability and finance, scoring 100% in that category. The organization has established policies regarding conflicts of interest, whistleblowing, and document retention, all of which are commendable and contribute positively to its governance framework.
However, the organization faces significant issues regarding its board composition, as it has no independent board members, which can raise concerns about oversight and objectivity in decision-making. Additionally, the nonprofit has a high liabilities to assets ratio of 174.76%, which may suggest financial instability or high levels of debt relative to its assets. Although it excels in program expenses, allocating 97.81% of its budget to programs, the overall financial health indicated by the liabilities ratio raises flags about its sustainability and operational effectiveness.
Lastly, the absence of the nonprofit's tax form on its website is a notable shortfall, as transparency is critical for building trust with stakeholders and donors. This lack of access to essential financial documents may hinder the organization’s credibility and could impact donor confidence. Overall, while the nonprofit shows strengths in program spending and accountability policies, the lack of independent oversight and financial concerns warrant attention for future improvement.
This AI summary has been generated from information found on Charity Navigator.
Is Tufts Medical Center Physicians Organization Inc legitimate?
Tufts Medical Center Physicians Organization Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tufts Medical Center Physicians Organization 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: $12,749,719
Professional Fundraising Fees: $0
Other Salaries and Wages: $244,386,629
For more financial information, click here
Official website here: www.tuftsmedicine.org
What is the mission statement of Tufts Medical Center Physicians Organization Inc?
The Tufts Medical Center Physicians Organization Inc, also known as Pratt Associates, Inc., is dedicated to delivering medical and healthcare services primarily to patients of Tufts Medical Center. Their mission encompasses several goals: to provide comfort, teach, learn, and seek knowledge to promote health and prevent disease. Patients and their families are at the heart of their operations. The organization is committed to continuing the tradition of healthcare innovation, leadership, charity, and exceptional care and service to all within their community. Their dedication extends to advancing healthcare and striving for the highest standards in the field.
Official website here: www.tuftsmedicine.org
Who is the CEO of Tufts Medical Center Physicians Organization Inc?
Michael Wagner Md is the CEO of Tufts Medical Center Physicians Organization Inc The CEO's salary of Tufts Medical Center Physicians Organization Inc is $0 and their total compensation is $1,010,313.
Official website here: www.tuftsmedicine.org
What is the revenue of Tufts Medical Center Physicians Organization Inc?
Tufts Medical Center Physicians Organization Inc's revenue in 2023 was $335,573,260.
Official website here: www.tuftsmedicine.org
Who are the executives of Tufts Medical Center Physicians Organization Inc and what are their salaries?
The average compensation at Tufts Medical Center Physicians Organization Inc during 2023 was $267,850. There are 960 employees at Tufts Medical Center Physicians Organization Inc.
Here are 34 key members and their salaries (Tufts Medical Center Physicians Organization Inc's CEO's salary is $0 and their total compensation is $1,010,313):
- Compensation: $504,661
- Related: $0
- Other: $52,274
- Compensation: $728,314
- Related: $0
- Other: $54,216
- Compensation: $1,046,428
- Related: $0
- Other: $54,216
- Compensation: $718,581
- Related: $0
- Other: $25,717
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $649,618
- Related: $0
- Other: $54,156
- Compensation: $465,025
- Related: $0
- Other: $343
- Compensation: $579,877
- Related: $0
- Other: $53,428
- Compensation: $1,009,028
- Related: $0
- Other: $54,216
- Compensation: $690,732
- Related: $0
- Other: $54,216
- Compensation: $618,042
- Related: $0
- Other: $50,162
- Compensation: $766,667
- Related: $0
- Other: $54,132
- Compensation: $411,783
- Related: $0
- Other: $49,654
- Compensation: $510,785
- Related: $0
- Other: $53,654
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $826,976
- Related: $0
- Other: $39,791
- Compensation: $695,453
- Related: $0
- Other: $19,860
- Compensation: $715,185
- Related: $0
- Other: $32,687
- Compensation: $609,326
- Related: $0
- Other: $40,262
- Compensation: $0
- Related: $1,169,150
- Other: $194,343
- Compensation: $0
- Related: $974,085
- Other: $36,228
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $411,644
- Other: $59,208
- Compensation: $189,765
- Related: $0
- Other: $12,603
- Compensation: $721,369
- Related: $0
- Other: $53,675
- Compensation: $446,943
- Related: $0
- Other: $53,992
- Compensation: $1,057,469
- Related: $0
- Other: $31,663
- Compensation: $1,488,274
- Related: $0
- Other: $53,675
- Compensation: $1,544,041
- Related: $0
- Other: $54,216
- Compensation: $866,832
- Related: $0
- Other: $53,675
- Compensation: $1,388,196
- Related: $0
- Other: $54,216
- Compensation: $445,854
- Related: $0
- Other: $54,136
- Compensation: $0
- Related: $700,000
- Other: $0
- Compensation: $0
- Related: $608,383
- Other: $25,846
Official website here: www.tuftsmedicine.org
Where can I find the form 990 for Tufts Medical Center Physicians Organization Inc?
Tufts Medical Center Physicians Organization Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.tuftsmedicine.org
Learn more at the official website: www.tuftsmedicine.org
Mission Statement of Tufts Medical Center Physicians Organization Inc
Tufts Medical Center Physicians Organization Inc, also known as Pratt Associates, is a prominent non-profit medical organization dedicated to providing comprehensive healthcare services primarily to patients affiliated with Tufts Medical Center. This exempt, non-private organization, outlined under sections 501(C)(3), 509(A)(1), and 170(B)(1)(A)(III) of the Internal Revenue Code, strives to promote health and prevent disease, with a central focus on patients and their families.
The mission of Tufts Medical Center Physicians Organization Inc is multifaceted and deeply rooted in the principles of comfort, teaching, learning, and the pursuit of knowledge. Committed to furthering a rich tradition of healthcare innovation, leadership, charity, and top-tier care, the organization aims to offer the highest standard of medical services to all members of its community. With a passionate dedication to this cause, the professionals at Tufts Medical Center Physicians Organization Inc are driven to make a difference in people's lives. Their unwavering commitment to their mission is essential in addressing the complex healthcare needs of their patients and ensuring they receive the best possible care.
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Impact
October, 2024
Tufts Medical Center Physicians Organization Inc. significantly impacts the healthcare landscape through the provision of comprehensive medical services to a diverse patient population. It primarily serves patients of Tufts Medical Center, contributing to an extensive network of over 106,965 days of care for more than 22,353 admitted patients, alongside facilitating over 322,682 outpatient clinic visits.
The organization not only prioritizes patient care but also plays a vital role in medical education and training. Physicians associated with Tufts serve as instructors at Tufts University School of Medicine, mentoring students, interns, residents, and fellows, thereby nurturing the next generation of healthcare professionals. This educational component enhances the quality of care delivered, ensuring that emerging doctors are well-prepared to meet the evolving demands of the medical field.
Moreover, Tufts Medical Center Physicians Organization engages in research initiatives that contribute to advancements in medical science, further solidifying its role as a leader in healthcare innovation. By focusing on patient-centered care, ongoing education, and research, the organization is dedicated to promoting health, preventing disease, and upholding the highest standards of care within the community. All these efforts demonstrate a profound commitment to improving health outcomes and redefining healthcare excellence in Boston and beyond.
This information is meant to be a general summary of Tufts Medical Center Physicians Organization 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Program Service Revenue: $334,855,259
- Gross Receipts: $335,573,260
Assets and Liabilities:
- Total Assets: $75,709,293
- Total Liabilities: $132,315,510
- Net Assets: -$56,606,217
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NET PATIENT SER. REV.
Revenue
$183,965,505
CLINCIAL, A&T, OTHER
Revenue
$150,419,180
UNRELATED INCOME
Revenue
$470,574
Organization Details
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