Overview
What is Faculty Practice Foundation Inc & Affiliates?
Faculty Practice Foundation Inc & Affiliates is a nonprofit organization committed to delivering exceptional healthcare services to everyone in need, regardless of their ability to pay or social status. The foundation pledges to ensure consistent access to high-quality care for all. Their mission is twofold: offering excellence in health services and maintaining accessibility for all. While detailed information about their activities or programs isn't provided in the input, their core goal remains clear: to make a positive impact on the health and wellbeing of the community they serve.
Official website here: www.bmc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
Faculty Practice Foundation Inc & Affiliates has achieved a three-star rating from Charity Navigator, indicating a solid level of accountability and financial health. The overall score reflects a strong emphasis on accountability and finance, with a total score of 81% based on various metrics that assess the organization's financial practices.
The organization demonstrates strong practices in financial oversight, receiving full points for its audit and oversight committee, material diversion of assets, and various policies related to governance, including conflict of interest and whistleblower protections. Additionally, its program expense ratio of 84.3% suggests that a significant portion of its resources is directed toward its mission-related activities, which is a positive indicator for potential donors.
However, while the organization scores well in these areas, the overall rating is based solely on the accountability and finance beacon, suggesting that more information about its programmatic impact and operational effectiveness could provide a fuller picture of its overall performance. As such, while the financial health is commendable, stakeholders may desire more insights into the effectiveness and outcomes of its programs.
This AI summary has been generated from information found on Charity Navigator.
Is Faculty Practice Foundation Inc & Affiliates legitimate?
Faculty Practice Foundation Inc & Affiliates is a legitimate nonprofit organization registered as a 501(c)(3) entity. Faculty Practice Foundation Inc & Affiliates 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: $19,876,624
Professional Fundraising Fees: $0
Other Salaries and Wages: $322,908,912
For more financial information, click here
Official website here: www.bmc.org
What is the mission statement of Faculty Practice Foundation Inc & Affiliates?
The Faculty Practice Foundation Inc & Affiliates are committed to delivering exceptional health services to all individuals in need, regardless of their ability to pay or social status. Their mission is to assure consistently high-quality care, ensuring accessibility for all. They promise to make a difference in people's lives by providing superior healthcare services and addressing the needs of those who require it the most. By prioritizing quality and accessibility, they strive to improve overall health and wellbeing for the communities they serve.
Official website here: www.bmc.org
What is the revenue of Faculty Practice Foundation Inc & Affiliates?
Faculty Practice Foundation Inc & Affiliates's revenue in 2023 was $497,729,032.
Official website here: www.bmc.org
Who are the executives of Faculty Practice Foundation Inc & Affiliates and what are their salaries?
The average compensation at Faculty Practice Foundation Inc & Affiliates during 2023 was $149,819. There are 2288 employees and 46 volunteers at Faculty Practice Foundation Inc & Affiliates.
Here are 62 key members and their salaries:
- Compensation: $1,048,952
- Related: $0
- Other: $38,466
- Compensation: $1,003,466
- Related: $0
- Other: $45,910
- Compensation: $968,948
- Related: $0
- Other: $56,207
- Compensation: $757,798
- Related: $0
- Other: $112,495
- Compensation: $776,238
- Related: $0
- Other: $59,068
- Compensation: $737,284
- Related: $0
- Other: $67,271
- Compensation: $730,575
- Related: $0
- Other: $66,129
- Compensation: $725,139
- Related: $0
- Other: $36,895
- Compensation: $720,181
- Related: $0
- Other: $39,143
- Compensation: $714,429
- Related: $0
- Other: $57,750
- Compensation: $642,233
- Related: $0
- Other: $67,133
- Compensation: $644,379
- Related: $0
- Other: $59,056
- Compensation: $646,192
- Related: $0
- Other: $55,815
- Compensation: $589,263
- Related: $0
- Other: $58,566
- Compensation: $554,228
- Related: $0
- Other: $65,136
- Compensation: $549,144
- Related: $0
- Other: $55,553
- Compensation: $569,213
- Related: $0
- Other: $18,037
- Compensation: $454,664
- Related: $0
- Other: $122,187
- Compensation: $473,385
- Related: $0
- Other: $63,578
- Compensation: $417,864
- Related: $0
- Other: $46,367
- Compensation: $397,140
- Related: $0
- Other: $55,617
- Compensation: $361,555
- Related: $0
- Other: $66,825
- Compensation: $359,089
- Related: $0
- Other: $54,917
- Compensation: $350,010
- Related: $0
- Other: $61,314
- Compensation: $357,336
- Related: $0
- Other: $28,517
- Compensation: $346,136
- Related: $0
- Other: $37,604
- Compensation: $339,808
- Related: $0
- Other: $35,689
- Compensation: $311,705
- Related: $0
- Other: $57,692
- Compensation: $303,873
- Related: $0
- Other: $63,994
- Compensation: $278,963
- Related: $0
- Other: $52,122
- Compensation: $259,712
- Related: $0
- Other: $58,486
- Compensation: $262,432
- Related: $0
- Other: $33,810
- Compensation: $259,618
- Related: $0
- Other: $54,920
- Compensation: $265,871
- Related: $0
- Other: $29,805
- Compensation: $253,357
- Related: $0
- Other: $31,800
- Compensation: $0
- Related: $237,066
- Other: $57,594
- Compensation: $217,753
- Related: $0
- Other: $54,749
- Compensation: $235,916
- Related: $0
- Other: $38,471
- Compensation: $214,841
- Related: $0
- Other: $56,893
- Compensation: $237,740
- Related: $0
- Other: $2,436
- Compensation: $207,358
- Related: $0
- Other: $49,576
- Compensation: $194,373
- Related: $0
- Other: $26,536
- Compensation: $167,334
- Related: $0
- Other: $42,972
- Compensation: $168,487
- Related: $0
- Other: $15,261
- Compensation: $150,228
- Related: $0
- Other: $37,148
- Compensation: $0
- Related: $628,000
- Other: $52,061
- Compensation: $407,539
- Related: $0
- Other: $96,218
- Compensation: $0
- Related: $182,520
- Other: $34,103
- Compensation: $0
- Related: $104,604
- Other: $27,696
- Compensation: $0
- Related: $66,943
- Other: $8,696
- Compensation: $1,806,821
- Related: $0
- Other: $144,411
- Compensation: $1,426,957
- Related: $0
- Other: $55,084
- Compensation: $1,158,958
- Related: $0
- Other: $64,195
- Compensation: $1,064,449
- Related: $0
- Other: $58,306
- Compensation: $905,664
- Related: $0
- Other: $54,893
- Compensation: $382,705
- Related: $0
- Other: $66,474
- Compensation: $195,961
- Related: $0
- Other: $44,171
- Compensation: $108,900
- Related: $0
- Other: $39,696
- Compensation: $90,431
- Related: $0
- Other: $30,525
- Compensation: $62,973
- Related: $0
- Other: $26,250
- Compensation: $0
- Related: $201,155
- Other: $24,744
- Compensation: $0
- Related: $177,594
- Other: $28,800
Official website here: www.bmc.org
Where can I find the form 990 for Faculty Practice Foundation Inc & Affiliates?
Faculty Practice Foundation Inc & Affiliates's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.bmc.org
Learn more at the official website: www.bmc.org
Mission Statement of Faculty Practice Foundation Inc & Affiliates
The Faculty Practice Foundation Inc & Affiliates is a dedicated organization with a mission to deliver exceptional healthcare services to all individuals in need, regardless of their ability to pay or social status. This commitment to providing accessible care is a steadfast promise that sets the foundation apart.
In pursuing this mission, the Faculty Practice Foundation Inc & Affiliates goes above and beyond to ensure that exceptional healthcare is consistently available to those who require it most. By prioritizing quality care over profit, the organization has built a reputation for delivering top-tier health services to a diverse population, without exception.
The team at the Faculty Practice Foundation Inc & Affiliates understands that access to healthcare is a fundamental right, not a privilege. With this belief at the heart of their mission, they work tirelessly to make a difference in people's lives, ensuring that everyone has the opportunity to receive the care they need when they need it most. Regardless of the challenges they may face, the organization remains steadfast in its commitment to providing access to exceptional healthcare services for all.
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Impact
October, 2024
Faculty Practice Foundation Inc & Affiliates significantly impacts the healthcare landscape by ensuring that exceptional care is accessible to all individuals, regardless of their socioeconomic status or ability to pay. Their commitment to consistently excellent health services means that vulnerable populations in Boston and beyond receive the medical attention they need, which can lead to improved overall health outcomes in the community.
By prioritizing accessibility, they help to bridge gaps in healthcare services that often leave marginalized groups underserved. This not only enhances individual well-being but also fosters a healthier community overall, as more people receive preventative care and timely treatment for medical conditions. Their approach to care includes a promise of unwavering support and quality, which cultivates trust and builds long-lasting relationships between healthcare providers and patients.
In essence, Faculty Practice Foundation Inc & Affiliates contributes to a more equitable healthcare system, empowering individuals through compassionate service and comprehensive health resources. This transformative approach underscores their mission of providing exceptional care without exceptions.
This information is meant to be a general summary of Faculty Practice Foundation Inc & Affiliates. 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: $1,011,893
- Program Service Revenue: $496,717,139
- Gross Receipts: $497,729,032
Assets and Liabilities:
- Total Assets: $96,334,026
- Total Liabilities: $33,750,283
- Net Assets: $62,583,743
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PATIENT REVENUE
Revenue
$218,242,899
INSTITUTIONAL SUPPORT
Revenue
$165,012,725
REIMBURSEMENT OF OPERATING EXP
Revenue
$81,762,012
CONTRACT & HEALTH CENTER REVENUE
Revenue
$22,833,309
CAPITATION REVENUE
Revenue
$2,614,986
Organization Details
Founding Year
1994
Principal Officer
William R Creevy Md
Website
www.bmc.orgNTEE Category
Code: E31 - Health
If you are a representative of Faculty Practice Foundation Inc & Affiliates and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.