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.
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.
Here 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:
- D Michael Mcmullan Md (Division Chief)
- Jeff Ojemann Md (Director)
- Lester Permut Md (Medical Staff)
- Amy Lee Md (Director)
- Jason Hauptman Md (Medical Staff)
- Mark Cain Md (Director)
- David Mauchley (Medical Staff)
- Paul Merguerian Md (Division Chief)
- Ken Gow Md (Director)
- Leslie Walker-Harding Md (Department Chair) [Trustee/Director]
- Jeremy Geiduschek Md (Director)
- Kathleen Sie Md (Former Officer)
- Jack Salerno Md (Associate Chief/President) [Trustee/Director]
- Andre Dick Md (Director)
- Randolph Otto Md (Secretary/Treasurer) [Trustee/Director]
- Ndidiamaka Musa Md (Director)
- George Woodward Md (Director)
- F Bruder Stapleton Md (Former Officer)
- Larry Wissow Md (Director)
- J Elaine Albert Md (Vice President) [Trustee/Director]
- Cathy Boelke (Executive Dir & Vp System Access)
- Patti Adamich (Controller)
- Christine Kessler (Former Officer)
Where can I find the form 990 for The Association Of Chrmc And University Physicians?
The 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.
Impact
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.
Thursday, August 15, 2024
The Association of ChrMC and University Physicians, also known as Children's University Medical Group (CUMG), plays a vital role in supporting Seattle Children's Hospital (SCH) and the University of Washington School of Medicine (UWSOM) in their pediatric care, charitable, educational, and scientific missions. Through approximately 776 UWSOM faculty physicians, CUMG provides clinical health care services to pediatric patients at SCH, UW Medicine facilities, and other approved practice sites.
One of the significant impacts of CUMG is its provision of primary, specialty, and subspecialty clinical care to underserved communities, ensuring that these populations have access to essential medical services. The organization also undertakes a considerable amount of undercompensated and charity care, aligning with the charity care policy of the facilities where services are rendered.
By operating as a multi-specialty physician group practice and managing the billing and collection of clinical services, CUMG generates revenue to support UW Medicine and SCH. This revenue is essential for furthering the pediatric patient care, charitable initiatives, educational programs, and scientific research conducted by these institutions.
Overall, The Association of ChrMC and University Physicians has a direct and tangible impact on improving pediatric healthcare access, quality, and outcomes in the Seattle community and beyond.
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.
- Assets and Liabilities:
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) 987-8450
Principal Officer
Niurka Vazquez
Main Address
4500 SANDPOINT WAY NE 100, SEATTLE, WA, 98105
NTEE Category
Code: E31 - Health
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