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South Bend Medical Foundation

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

EIN: 350868178 ✦ South bend, IN ✦ Designated as a 501(c)(3)

Overview

What is South Bend Medical Foundation?

The South Bend Medical Foundation, a nonprofit organization based in South Bend, Indiana, is dedicated to delivering quality and cost-effective pathology and blood banking services to hospitals, physicians, and patients. With a concentration of revenues from hospitals in the surrounding areas, the Foundation offers pathology services and maintains a blood bank business. Volunteers donate blood, which is then processed and sold to local hospitals. The Foundation extends assistance to individuals in need through free or reduced fee medical care at various locations and discounts for those without government-provided insurance coverage. In 2022, the Foundation granted $39,430 in patient medical assistance and $29,853 in time of service discounts. By focusing on providing the highest quality resources with the shortest response time and the latest technology, the South Bend Medical Foundation aims to effectively meet the needs of their clients.


Official website here: www.sbmf.org

Is South Bend Medical Foundation legitimate?

South Bend Medical Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. South Bend Medical Foundation 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.

Here are some key statistics you may want to consider:

Executive Compensation: $721,420
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,415,779

For more financial information, click here


Official website here: www.sbmf.org

What is the mission statement of South Bend Medical Foundation?

The South Bend Medical Foundation is dedicated to supplying top-tier and cost-effective pathology and blood banking services to hospitals, physicians, and patients. To fulfill this mission, the organization offers hospitals the shortest response time for high-quality pathology resources, considering the importance of length of stay in inpatient care. Additionally, the foundation ensures physicians receive the latest technology in pathology results and grants them easy access to consultative opportunities in both the medical and administrative aspects of their practices.


Official website here: www.sbmf.org

Who is the CEO of South Bend Medical Foundation?

Joyce Simpson Md is the President of South Bend Medical Foundation.


Official website here: www.sbmf.org

What is the revenue of South Bend Medical Foundation?

South Bend Medical Foundation's revenue in 2022 was $15,932,447.


Official website here: www.sbmf.org

Who are the executives of South Bend Medical Foundation and what are their salaries?

The average compensation at South Bend Medical Foundation during 2022 was $49,659. There are 184 employees and 7 volunteers at South Bend Medical Foundation.

Here are 17 key members and their salaries:

    Joyce Simpson Md (President) [Trustee/Director]
  • Compensation: $347,153
  • Related: $0
  • Other: $22,090

    • Ricky Hoover Md (Pathologist)
  • Compensation: $326,927
  • Related: $0
  • Other: $42,117

    • Jonathan Konopinski Md (Pathologist)
  • Compensation: $315,899
  • Related: $0
  • Other: $20,976

    • Odeta Lapkus (Pathologist)
  • Compensation: $293,437
  • Related: $0
  • Other: $36,463

    • Nita Gerig Md (Board Member) [Trustee/Director]
  • Compensation: $282,614
  • Related: $0
  • Other: $34,335

    • Nicole Anest (Pathologist)
  • Compensation: $280,183
  • Related: $0
  • Other: $32,571

    • James Dyer (Pathologist)
  • Compensation: $286,879
  • Related: $0
  • Other: $19,056

    • Terry Pipp (Cfo)
  • Compensation: $163,821
  • Related: $0
  • Other: $18,745

    • James L Frain (Vp-Human Resources - Partial Year)
  • Compensation: $137,517
  • Related: $0
  • Other: $21,883

    • Kevin Hochstedler (Cfo - Partial Year)
  • Compensation: $4,000
  • Related: $0
  • Other: $0

    • Robin Zon Md (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Pedro Miro Md (Vice Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joe Barkman (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Blakesley Md (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James Kelly Md (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carlton Lyons Md (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sharon Stack Phd (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.sbmf.org

    Where can I find the form 990 for South Bend Medical Foundation?

    The South Bend Medical Foundation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.sbmf.org

    Learn more at the official website: www.sbmf.org

    Mission Statement of South Bend Medical Foundation

    South Bend Medical Foundation, a dedicated organization, is committed to delivering top-quality and cost-effective pathology and blood banking services to hospitals, healthcare professionals, and patients. The foundation's primary objective is to enhance the quality of patient care by ensuring hospitals receive the highest quality pathology resources in the shortest possible response time. This strategic approach not only improves the hospital experience but also achieves significant cost-effectiveness.

    In addition to providing exceptional services to hospitals, South Bend Medical Foundation offers physicians the most advanced pathology results using cutting-edge technology. The organization offers readily accessible consultative opportunities, allowing medical professionals to make informed decisions concerning their practices. Consequently, the foundation's services contribute to better patient outcomes, ensuring the best possible care for each individual.

    South Bend Medical Foundation is dedicated to fulfilling its mission by offering unparalleled pathology resources and unmatched response times. The foundation's commitment to cost-effectiveness enables it to deliver services that cater to the financial needs of its clients, ultimately enhancing the overall efficiency and success of healthcare institutions. By striving for excellence in every aspect of its operations, South Bend Medical Foundation remains an invaluable partner to the healthcare community.

    Impact

    This information is meant to be a general summary of South Bend Medical Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    South Bend Medical Foundation provides quality and cost-effective pathology and blood banking services to hospitals, physicians, and patients throughout northern and central Indiana and southwestern Michigan. The foundation's impact is significant as it ensures timely and accurate pathology results, essential for patient care in hospitals and medical practices. Additionally, through its blood bank line of business, the foundation facilitates blood donations, processing, and distribution to local hospitals, contributing to the availability of vital blood products for patients in need. The foundation's provision of free or reduced-fee medical care and discounts for uninsured or underinsured individuals further demonstrates its commitment to community health and well-being. Overall, South Bend Medical Foundation plays a crucial role in supporting healthcare access and quality in the regions it serves.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $-799,291
  • Program Service Revenue: $15,172,749
  • Gross Receipts: $24,508,856

    • Assets and Liabilities:
  • Total Assets: $48,622,291
  • Total Liabilities: $12,007,241
  • Net Assets: $36,615,050
  • Programs

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

    OTHER NET OPERATING REVENUE

    Revenue

    $14,252,196

    CLINICAL PATHOLOGY FEES

    Revenue

    $920,553

    Organization Details

    Founding Year

    1946

    Principal Officer

    Joyce Simpson Md

    Main Address

    530 N LAFAYETTE BLVD, SOUTH BEND, IN, 46601

    NTEE Category

    Code: E600 - Health

    If you are a representative of South Bend Medical Foundation 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.