Medical Staff of Providence Everett Medical Center

Nonprofit profile at a glance

EIN
911125574
IRS 990 coverage
2011–2014
Forms available
Form 990 2014
Location
Everett, WA, USA
Phone
4252613690
Rating confidence
Limited
Sector
Hospital, General

Reported finances

Revenue
$608,486
Expenses
$706,376
Assets
$0
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2014. Amounts in USD.

Leadership & pay

10 people listed

Executive titles in this filing

  • OLIVER OCHS MD (PRESIDENT)
  • ELIE SAIKALY MD (PRESIDENT ELECT)
  • ENRIQUE ENGUIDANOS MD (PAST PRESIDENT)

Highest reported compensation

  • OLIVER OCHS MD (PRESIDENT): $25,000 total reported compensation
  • FRANK SCHRAMM MD (CREDENTIALS COMMITTEE CHAIR): $18,900 total reported compensation
  • ELIE SAIKALY MD (PRESIDENT ELECT): $18,750 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2014. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To strive toward assuring that the proper medical care is provided to patients and the community by the hospital. To provide an educational setting to maintain scientific standards which promote quality care for all patients treated by the hospital.

What it reported doing in 2014

Medical staff - to strive toward assuring that the proper medical care is provided to patients and the community by the hospital; to be accountable to the board for the quality of care provided and for medical staff activities; to provide clinical leadership within the hospital in order to address system and individual issues that will allow for continual improvements in care and services; to conduct self-governance activities inherent to the provision of proper care in accordance with the bylaws of the board; to provide a structure whereby issues concerning members may be addressed by other members and presented by them to the board.

Operating model

Revenue model
Earned-program. 100% of the money available for current operations came from fees and other program revenue.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 90
  • Accountability: 77
  • Sustainability: 7
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 4 of 9 controls in place; rating input score 44
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Pass
    • CEO compensation review process: Fail
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -16.1%; rating input score 9; 9th percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 0; 0th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 12.5%; rating input score 26; 26th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 3.8% per year; rating input score 100; 50th percentile among comparable filings
  • Asset growth: -69.3% per year; rating input score 0; 1st percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 10 of 10 board members independent · 4 of 9 filing controls reported
  • Programs: 2 filed program accomplishments
  • Leadership: top reported pay $25K · 10 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 4 filing years from 2011 to 2014
  • Contacts: How to reach this organization
  • Money network: 6 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Accountability: Governance controls: 4 of 8 not reported.
  • High — Sustainability: Operating margin scored 9/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 26/100.