Midwest Physician Group Ltd
Nonprofit profile at a glance
- EIN
- 363186438
- IRS 990-EZ coverage
- 2013–2013
- Forms available
- Form 990 2012, Form 990-EZ 2013, Form 990-N 2013
- Location
- Olympia Fields, IL, USA
- Phone
- 7087477960
- Rating confidence
- Limited
- Sector
- Group Health Practice (Health Maintenance Organizations)
Reported finances
- Revenue
- $0
- Expenses
- $4,666
- Assets
- $105,897
- Liabilities
- $7,010
Source: IRS Form 990-EZ. Selected filing: tax year 2013. Amounts in USD.
Leadership & pay
1 person listed
Executive titles in this filing
- RICHARD F MULTACK (PRESIDENT)
People named in this filing
- RICHARD F MULTACK (PRESIDENT)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2013. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The organization is in the process of winding down operations.
What it reported doing in 2013
Effective july 1, 2009 the group entered into an asset purchase agreement with a tax-exempt charitable entity to sell virtually all of the assets of the group. The tax-exempt charitable entity assumed certain liabilities upon execution of the agreement. All benefit plans were not assumed by the tax-exempt charitable entity. As of july 1, 2009 the organization discontinued its program services, and is winding down operations. The organization will file a final year return for 2014.
Operating model
- Revenue model
- No positive adjusted resources. The filing reports no positive adjusted operating resources.
- Distribution model
- No current program activity. The filing reports no program spending for the current year.
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: 0
- Transparency & Controls: 82
- Sustainability: 39
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: 0%; rating input score 0
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: Limited
- Total-asset coverage ratio: 22.7; rating input score 97; 97th percentile among comparable filings
- Liabilities to assets ratio: 0.07; rating input score 29; 29th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 57; 57th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: -81% per year; rating input score 0; 3rd percentile among comparable filings
Details
- Where the money goes: 0% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 1 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 2 filed schedules
- Contacts: How to reach this organization
- 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.
- High — Financial Efficiency: Program expense ratio scored 0/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 29/100.
- Review — Sustainability: Officer compensation ratio scored 57/100.