Centennial Medical Group Inc
94% goes to programs $0 to raise $100 Thin reserves Growing revenue
Centennial Medical Group Inc is a 501(c)(3) organization based in Roseburg, Oregon, registered in 2011, with $65,996,051 in FY2023 revenue. CharityIndex grades it C, and it directs about 94% of spending to programs.
2700 Nw Stewart Pkwy, Roseburg, OR, 97471 EIN 26-3946191 Since 2011
Revenue (FY2023)
$66.0M
▲ 12.6% vs prior year
Health median: $840K
Expenses (FY2023)
$80.0M
Net assets
-$140.2M
Employees
0
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C
C+Program efficiency40% of the rating94% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Centennial Medical Group Inc: 94% to programs · $0 to raise $100 earns a C+ on this criterion. See the exact thresholds →
FFinancial health25% of the rating0 mo reserves · -21% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Centennial Medical Group Inc: 0 mo reserves · -21% margin earns a F on this criterion. See the exact thresholds →
BGovernance25% of the rating4 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Centennial Medical Group Inc: 4 of 6 checks met earns a B on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Centennial Medical Group Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Centennial medical group provides hospital-based physician services, as well as specialty physician services in a clinic setting to patients in the roseburg community on a charitable basis.
Contact & location
- Address
- 2700 Nw Stewart Pkwy, Roseburg, OR, 97471
- City
- Roseburg
- State
- Oregon
- Category
- Health Care
- Subcategory
- Clinics & Primary Care
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $22.1M (FY2013) to $66.0M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $179.1MNet assets -$140.2M
Operating margin
-21.3%
Spent more than it raised in the latest fiscal year.
Total assets
$38.8M
Total liabilities
$179.1M
Net assets
-$140.2M
Salaries & benefits
$57.0M
71% of expenses
Board members
3
0 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $65,996,051▲12.6% | $80,025,149▲17.5% | -$140,242,279▼11.1% | $38,828,891▲83.9% | 990 |
| 2022 | $58,590,197▲11.4% | $68,117,415▲12.7% | -$126,213,181▼8.2% | $21,114,251▲12.5% | 990 |
| 2021 | $52,602,249▲29.0% | $60,453,495▲6.6% | -$116,685,963▼7.2% | $18,773,224▼8.6% | 990 |
| 2020 | $40,787,906▲13.4% | $56,691,266▲12.2% | -$108,834,717▼16.9% | $20,539,880▲18.8% | 990 |
| 2019 | $35,963,294▲16.4% | $50,532,161▲11.2% | -$93,087,387▼18.7% | $17,282,217▲135% | 990 |
| 2018 | $30,883,778▲3.1% | $45,452,191▲8.1% | -$78,420,742▼22.8% | $7,360,102▲49.3% | 990 |
| 2017 | $29,969,005▲13.9% | $42,033,137▲11.3% | -$63,852,329▼23.3% | $4,931,134▲41.7% | 990 |
| 2016 | $26,309,755▲17.8% | $37,768,708▲21.4% | -$51,788,197▼28.4% | $3,479,808▼32.0% | 990 |
| 2015 | $22,332,776▲15.4% | $31,112,808▲16.6% | -$40,329,244▼27.8% | $5,115,451▲30.0% | 990 |
| 2014 | $19,351,532▼12.3% | $26,677,240▼4.7% | -$31,549,212▼30.2% | $3,934,344▲46.0% | 990 |
| 2013 | $22,068,457 | $27,980,052▲8.0% | -$24,223,504▼32.3% | $2,694,625▲11.8% | 990 |
| 2012 | — | $25,905,945▲35.3% | -$18,311,909▼62.8% | $2,410,644▼21.1% | 990 |
| 2011 | — | $19,144,872▲93.4% | -$11,249,686▼79.9% | $3,054,308▲345% | 990 |
| 2010 | — | $9,897,422 | -$6,251,654 | $685,671 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Ibrahim Osman Md — $876,415 (1.10% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Ibrahim Osman Md | Cardiologist | 50 | $876,415 |
| Susan Williams Md | Orthopedist | 50 | $729,326 |
| Courtney Virgilio Md | Cardiologist | 50 | $675,836 |
| Alex Willoughby Md | Ophthalmologist | 50 | $668,946 |
| Gary Bronstein Md | Cardiologist | 50 | $634,935 |
| Aric Groshong | Board Chair/president & Ceo | 50 | $476,462 |
| Gregory Jackson | Mkt Vp Op Finance/interim Cfo (thru 1/2/24) | 10 | — |
| Jamie Poindexter | Board Member/treas/cfo (beg 1/2/24) | 10 | — |
| Jason Gray | Secretary/treasurer/interim Pres (thru 10/1/23) | 10 | — |
| Russell Woolley | Board Member/ceo Mercy Medical Center (beg 10/2/23 | 10 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Evergreen Family Medicine PC | Medical Services | $36,998,569 |
| Powell Property Investments | Real Estate Investment Services | $695,567 |
| Renasolve Inc | Medical Services | $522,438 |
| James Yun Md PC | Medical Services | $388,869 |
| Turkey Heart LLC | Medical Services | $189,300 |
Grants made · $5,000 in FY2021
1 grant totaling $5,000 in FY2021. All grants made by Centennial Medical Group Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Mercy Foundation Inc | Foundation support | $5,000 |
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Compare Centennial Medical Group Inc
Frequently asked questions
- Is Centennial Medical Group Inc a legitimate nonprofit?
- Yes. Centennial Medical Group Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 26-3946191, based in Roseburg, Oregon. Donations are tax-deductible.
- What is Centennial Medical Group Inc's EIN?
- Centennial Medical Group Inc's Employer Identification Number (EIN) is 26-3946191.
- How much revenue does Centennial Medical Group Inc report?
- Centennial Medical Group Inc reported $65,996,051 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Centennial Medical Group Inc's spending goes to programs?
- Centennial Medical Group Inc spends about 94% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Centennial Medical Group Inc have?
- CharityIndex grades Centennial Medical Group Inc C, based on program efficiency and fundraising cost.
- How much does Centennial Medical Group Inc's highest-paid employee make?
- The highest reported compensation on Centennial Medical Group Inc's latest Form 990 is $876,415, paid to Ibrahim Osman Md (Cardiologist).
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Data for Centennial Medical Group Inc (EIN 26-3946191) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.