Valley Consortium for Medical Education
Nonprofit profile at a glance
- EIN
- 270506209
- IRS 990 coverage
- 2013–2024
- Forms available
- Form 990 2024
- Location
- Modesto, CA, USA
- Phone
- 2095736147
- Rating
- 73
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Job Training
Reported finances
- Revenue
- $11,263,789
- Expenses
- $11,263,789
- Assets
- $5,379,047
- Liabilities
- $5,348,648
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- Adrian Hutber (CEO)
- Dr Adrian E Ramos (DIO/CEO)
Highest reported compensation
- Saira M Dar (Program Director): $158,265 total reported compensation
- Adrian Hutber (CEO): $131,350 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The Valley Consortium for Medical Education is dedicated to enhancing primary and specialty medical services in Stanislaus County and Californias Central Valley by sponsoring and coordinating allopathic and osteopathic physician pre-doctoral and post-doctoral training programs and developing resources to meet the current and future needs for physicians and other health professionals.Valley Family Medicine Residency of ModestoThe Valley Family Medicine Residency of Modesto strives to train physicians through service to those in need. We believe that residents reach their fullest potential when they are responsible for broad based, high quality health care in an environment of educational innovation and compassionate teamwork.Valley Orthopedic Surgery Residency of ModestoThe Valley Orthopedic Surgery Residency of Modesto is dedicated to providing resident physicians with the highest quality education in Orthopedic Surgery. Our goal is to develop orthopedic physicians with exceptional com
What it reported doing in 2024
Valley Consortium for Medical Education ("VCME"), located in Modesto, California, was founded to create and foster graduate and undergraduate medical education in the Stanislaus County (the "County") area of central California. Specifically, VCME's principal activities are operating a family medicine residency program, the VCME Family Medicine Residency Program, and a orthopedic surgery residency program, the VCME orthopedic residency program.
Operating model
- Revenue model
- Donor-supported. 68% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 74
- Transparency & Controls: 74
- Accountability: 74
- Sustainability: 28
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 83.5%; rating input score 83
- Program expense ratio: 83.5%; rating input score 83
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: 2 of 6 controls in place; rating input score 33
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
- Governance controls: 3 of 8 controls in place; rating input score 38
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 0%; rating input score 31; 31st percentile among comparable filings
- Total-asset coverage ratio: 0.48; rating input score 15; 15th percentile among comparable filings
- Liabilities to assets ratio: 0.99; rating input score 6; 6th percentile among comparable filings
- Officer compensation ratio: 2.6%; rating input score 72; 72nd percentile among comparable filings
Growth
- Program expense growth: 3.9% per year; rating input score 100; 33rd percentile among comparable filings
- Revenue growth: 4.8% per year; rating input score 100; 42nd percentile among comparable filings
- Asset growth: 8.1% per year; rating input score 100; 55th percentile among comparable filings
Details
- Where the money goes: 83.5% of revenue deployed · 83.5% of spending went to programs
- Governance: 6 of 6 board members independent · 3 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $9.4M in reported program spending
- Leadership: top reported pay $158K · 12 people listed · 2 of 6 pay-setting controls reported
- Highest-paid contractors: 4 contractors listed · $3.8M reported
- Consistency: 25 of 25 current checks pass
- Schedules: 7 filed schedules · includes major donors and executive pay
- Filing history: 12 filing years from 2013 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Related organizations: 4 filed related-organization links
- 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Accountability: Governance controls: 4 of 7 not reported.
- Moderate — Sustainability: Operating margin scored 31/100.
- High — Sustainability: Total-asset coverage ratio scored 15/100.
- High — Sustainability: Liabilities to assets ratio scored 6/100.