Overview
What is The Association Of Chrmc And University Physicians?
The Association of Chrmc and University Physicians, also known as Children's University Medical Group (CUMG), is a Washington state not-for-profit and federally tax-exempt corporation, founded in 1986 to support Seattle Children's Hospital (SCH) and the University of Washington School of Medicine (UWSOM) in carrying out their pediatric care, charitable, educational, and scientific missions. With approximately 776 faculty physicians from UWSOM, CUMG operates a multi-specialty physician group practice. These professionals provide clinical care services at Seattle Children's Hospital, UW Medicine facilities, and other approved sites. CUMG compensates employed physicians and covers operating expenses, while remaining revenues are held solely for the support of UW Medicine and Seattle Children's Hospital. CUMG is dedicated to assisting these institutions in providing clinical healthcare services to communities that would not otherwise have access to sufficient resources. CUMG's professional members offer primary, specialty, and subspecialty care, and contribute significantly to undercompensated and charity care.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
The Association Of Chrmc And University Physicians has received a two-star rating from Charity Navigator, indicating areas for improvement, particularly regarding governance and accountability. With a score of 64%, the organization demonstrates strong program expense efficiency, with over 96% of its expenses directed towards its programs. However, the complete lack of independent board members raises concerns about oversight and accountability.
While the organization has established essential policies, such as conflict of interest and whistleblower protections, it has significant shortcomings in transparency. Missing information on its website, including the tax form, suggests a lack of accessibility for stakeholders seeking to understand the organization's financial health. Additionally, the high liabilities to assets ratio is alarming, indicating potential financial risk.
Overall, while the Association Of Chrmc And University Physicians effectively channels funds towards its mission, its governance structure and transparency practices warrant attention and improvement to enhance trust and accountability among donors and the public.
This AI summary has been generated from information found on Charity Navigator.
Is The Association Of Chrmc And University Physicians legitimate?
The Association Of Chrmc And University Physicians is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Association Of Chrmc And University Physicians 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: $5,290,335
Professional Fundraising Fees: $0
Other Salaries and Wages: $204,250,592
For more financial information, click here
What is the mission statement of The Association Of Chrmc And University Physicians?
The Association of CHMC and University Physicians, also known as Children's University Medical Group (CUMG), is a non-profit corporation established in 1986 to support the University of Washington School of Medicine (UWSOM) and Seattle Children's Hospital (SCH) in carrying out their pediatric patient care, charitable, educational, and scientific missions. CUMG operates a multi-specialty physician group practice wherein approximately 776 UWSOM faculty physicians bill and collect for their clinical services, with the generated revenues solely used to support UW Medicine and SCH. Faculty physicians are compensated by UWSOM, and CUMG covers their operating expenses. CUMG is a tax-exempt corporation that holds all remaining revenues to fund the missions of UWSOM and SCH.
Who is the CEO of The Association Of Chrmc And University Physicians?
Niurka Vazquez is the Principal Officer of The Association Of Chrmc And University Physicians.
What is the revenue of The Association Of Chrmc And University Physicians?
The Association Of Chrmc And University Physicians's revenue in 2022 was $259,172,891.
Who are the executives of The Association Of Chrmc And University Physicians and what are their salaries?
The average compensation at The Association Of Chrmc And University Physicians during 2022 was $263,573. There are 795 employees and 3 volunteers at The Association Of Chrmc And University Physicians.
Here are 23 key members and their salaries:
- Compensation: $238,737
- Related: $88,976
- Other: $59,832
- Compensation: $604,519
- Related: $83,801
- Other: $124,687
- Compensation: $568,194
- Related: $76,102
- Other: $55,142
- Compensation: $720,531
- Related: $181,753
- Other: $163,061
- Compensation: $314,542
- Related: $79,858
- Other: $79,040
- Compensation: $430,548
- Related: $468,516
- Other: $293,612
- Compensation: $418,653
- Related: $72,728
- Other: $56,791
- Compensation: $346,853
- Related: $186,825
- Other: $85,734
- Compensation: $371,459
- Related: $326,547
- Other: $71,592
- Compensation: $31,854
- Related: $305,310
- Other: $55,657
- Compensation: $310,722
- Related: $85,608
- Other: $62,927
- Compensation: $448,161
- Related: $65,469
- Other: $80,119
- Compensation: $607,615
- Related: $83,998
- Other: $97,348
- Compensation: $0
- Related: $206,130
- Other: $23,946
- Compensation: $0
- Related: $337,951
- Other: $28,924
- Compensation: $1,411,487
- Related: $0
- Other: $32,961
- Compensation: $866,670
- Related: $164,811
- Other: $60,585
- Compensation: $656,989
- Related: $137,107
- Other: $126,033
- Compensation: $708,543
- Related: $0
- Other: $84,646
- Compensation: $680,530
- Related: $70,055
- Other: $52,491
- Compensation: $466,106
- Related: $85,011
- Other: $103,913
- Compensation: $148,487
- Related: $228,501
- Other: $32,116
- Compensation: $0
- Related: $125,855
- Other: $13,849
Where can I find the form 990 for The Association Of Chrmc And University Physicians?
The Association Of Chrmc And University Physicians's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Association Of Chrmc And University Physicians
The Association of CHMC and University Physicians, or CUMG, is a not-for-profit corporation established in 1986 to support the University of Washington School of Medicine (UWSOM) and Seattle Children's Hospital (SCH) in carrying out their pediatric patient care, charitable, educational, and scientific missions. The organization operates as a multi-specialty physician group practice, employing approximately 776 UWSOM faculty physicians.
CUMG's mission is grounded in an operating agreement between UW, SCH, and the association itself. Under this agreement, CUMG covers the operational expenses and compensates the employed physicians, with UWSOM directing how the professional members are paid. Any remaining revenues are held by CUMG for the sole support of UW Medicine and SCH. CUMG's primary role is to ensure the financial wellbeing of the partnership between the university and the hospital, enabling them to continue their essential work.
By assuming the financial burden, CUMG allows UWSOM and SCH to focus on their respective pediatric patient care, charitable, educational, and scientific missions. The association's dedication to these objectives has fostered a strong collaboration between the academic institution and the children's hospital, ultimately benefiting the healthcare services and research opportunities available to the public.
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Impact
October, 2024
The Association of CHRMC and University Physicians significantly enhances the pediatric healthcare landscape in Seattle and surrounding communities. Through the Children's University Medical Group (CUMG), it operates a multi-specialty physician group practice, delivering vital clinical services to pediatric patients at Seattle Children's Hospital and various University of Washington Medicine facilities.
By providing primary, specialty, and subspecialty care, CUMG addresses the medical needs of communities that would otherwise lack sufficient clinical resources. This focus on underserved areas helps ensure that more children receive the healthcare they require. The association also plays a crucial role in offering undercompensated and charity care, aligning with established policies to support those who may not have the means to access necessary medical services.
Furthermore, CUMG's affiliation with approximately 776 faculty physicians from the University of Washington School of Medicine guarantees that patients benefit from the expertise and knowledge of highly trained professionals. This collaborative network amplifies the quality of pediatric care, contributing to advancements in treatment and scientific research aimed at improving health outcomes for children.
In summary, the impact of the Association of CHRMC and University Physicians is profound, providing essential medical services, increasing access to care, and supporting charitable and educational missions that foster excellence in pediatric healthcare.
This information is meant to be a general summary of The Association Of Chrmc And University Physicians. 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 2022.
- Investment Income: $1,192,045
- Program Service Revenue: $254,450,314
- Gross Receipts: $263,345,872
Assets and Liabilities:
- Total Assets: $48,500,359
- Total Liabilities: $48,438,469
- Net Assets: $61,890
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INSTITUTIONAL SUPPORT
Revenue
$175,058,631
NET PHYSICIAN REVENUE
Revenue
$47,215,665
MEDICAID REVENUE
Revenue
$28,676,707
OTHER GOVT AGENCY REV
Revenue
$3,388,450
BILLING SERVICES
Revenue
$110,861
Organization Details
Founding Year
1986
Phone
(206) 987-8450Principal Officer
Niurka Vazquez
Main Address
4500 SANDPOINT WAY NE 100, SEATTLE, WA, 98105
NTEE Category
Code: E120 - Health
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