Lincoln Medical Education Partnership
- Assets
- $10.3m
- Revenue
- $10.3m
- Investments
- $0.0
- Employees
- 81
- Location
- Lincoln, NE
- Founding
- 05/1974
- Data as of
- 06/2023
- EIN
- 47-0553011
Organization Overview
Lincoln Medical Education Partnership is located in Lincoln, NE. The organization was established in 1974. According to its NTEE Classification (E99) the organization is classified as: Health Care N.E.C., under the broad grouping of Health Care and related organizations. As of 06/2023, Lincoln Medical Education Partnership employed 81 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lincoln Medical Education Partnership is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Lincoln Medical Education Partnership generated $10.3m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $10.1m during the year ending 06/2023. While expenses have increased by 3.7% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE FAMILY PRACTICE TRAINING AND RELEVANT HEALTHCARE EDUCATION AND SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE LINCOLN FAMILY MEDICINE PROGRAM (LFMP) IS ONE OF THE COUNTRY'S PREEMINENT COMMUNITY-BASED RESIDENCY PROGRAMS, ATTRACTING SOME OF THE BRIGHTEST RESIDENT PHYSICIANS IN THE U.S. AND AROUND THE WORLD. A FULLY ACCREDITED PROGRAM, LFMP IS AFFILIATED WITH THE UNIVERSITY OF NEBRASKA MEDICAL CENTER. THE LINCOLN FAMILY MEDICINE PROGRAM PLAYS A CRUCIAL ROLE IN MEETING THE MIDWEST'S NEED FOR PRIMARY CARE PHYSICIANS AND OPERATES THE LINCOLN FAMILY MEDICINE CENTER (LFMC). THE LFMC IS THE PRIMARY EDUCATION SITE FOR THE TRAINING OF RESIDENTS OF LFMP. FUNCTIONING AS A MODEL GROUP PRACTICE, LFMP RESIDENTS CARE FOR PATIENTS IN THE CENTER BY APPOINTMENT.
OTHER PROGRAMS SUCH AS THE LINCOLN MEDICAL ACUPUNCTURE AND STEPPING STONES FOR FAMILIES.
LINCOLN PEDIATRIC HOSPITALISTS WORK CLOSELY WITH VARIOUS SPECIALISTS, INCLUDING FAMILY MEDICINE PROVIDERS, GENERAL SURGEONS, AND OTHER PEDIATRICIANS TO PROVIDE COMPREHENSIVE CARE DURING A CHILD'S HOSPITALIZATION. THE PEDIATRIC HOSPITALISTS SEE PATIENTS IN VARIOUS DEPARTMENTS, INCLUDING PEDIATRIC ACUTE CARE, NEWBORN NURSERY, EMERGENCY DEPARTMENT, LABOR AND DELIVERY, NEONATAL INTENSIVE CARE AND PEDIATRIC INTENSIVE CARE.
SCHOOL COMMUNITY INTERVENTION AND PREVENTION (SCIP) IS A PROGRAM DESIGNED TO BRING TOGETHER FAMILIES, SCHOOLS AND THE COMMUNITY TO SUPPORT STUDENT BEHAVIORIAL AND EMOTIONAL HEALTH. SCIP'S MISSION IS TO PROVIDE AN EFFECTIVE PREVENTION AND EARLY INTERVENTION PROCESS FOR YOUTH WITH BEHAVIORAL HEALTH CONCERNS, SO THEY MAY ACHIEVE HEALTHY, PRODUCTIVE LIVES. SCIP WORKS WITH SCHOOLS BY PROVIDING TOOLS AND RESOURCES TO ADDRESS BEHAVIORAL AND EMOTIONAL HEALTH ISSUES THAT IMPACT CHILDREN, ADOLESCENTS AND THEIR FAMILIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Sabrina Cerny Program Director | Officer | 40 | $365,772 |
Dr Wade Fornander Faculty Physician | 40 | $295,896 | |
Dr Beth Sanley Faculty Physician | 40 | $250,547 | |
Dr Douglas States Faculty Physician | 35 | $240,923 | |
Dr Jack Lionberger Faculty Physician | 40 | $229,498 | |
Dr Eddie Pierce Faculty Physician | 35 | $214,592 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $28,546 |
| Membership dues | $0 |
| Fundraising events | $9,369 |
| Related organizations | $0 |
| Government grants | $348,974 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,153,731 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,540,620 |
| Total Program Service Revenue | $6,418,330 |
| Investment income | $110,906 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $148,600 |
| Net Gain/Loss on Asset Sales | $26,724 |
| Net Income from Fundraising Events | -$1,927 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $10,270,486 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $4,900 |
| Grants and other assistance to domestic individuals. | $2,232 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $839,337 |
| Compensation of current officers, directors, key employees. | $424,999 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,544,929 |
| Pension plan accruals and contributions | $323,964 |
| Other employee benefits | $451,530 |
| Payroll taxes | $380,850 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $385 |
| Fees for services: Accounting | $82,395 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $331,032 |
| Advertising and promotion | $0 |
| Office expenses | $685,713 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $189,134 |
| Travel | $18,578 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $126,580 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $360,255 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $10,118,847 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $367,365 |
| Savings and temporary cash investments | $1,291,284 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $640,640 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $124,865 |
| Net Land, buildings, and equipment | $2,855,755 |
| Investments—publicly traded securities | $4,647,726 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $326,732 |
| Total assets | $10,254,367 |
| Accounts payable and accrued expenses | $1,300,430 |
| Grants payable | $0 |
| Deferred revenue | $38,372 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,338,802 |
| Net assets without donor restrictions | $8,806,665 |
| Net assets with donor restrictions | $108,900 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $10,254,367 |