University At Buffalo Anesthesiology Inc
- Assets
- $1.2m
- Revenue
- $799.0k
- Investments
- $599.0k
- Employees
- 0
- Location
- Buffalo, NY
- Founding
- 04/2001
- Data as of
- 12/2022
- EIN
- 16-1591241
Organization Overview
University At Buffalo Anesthesiology Inc is located in Buffalo, NY. The organization was established in 2001. According to its NTEE Classification (E30) the organization is classified as: Ambulatory & Primary Health Care, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. University At Buffalo Anesthesiology Inc 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 12/2022, University At Buffalo Anesthesiology Inc generated $799.0k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.0%) each year. All expenses for the organization totaled $910.2k during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
UNIVERSITY AT BUFFALO ANESTHESIOLOGY, INC. IS COMMITTED TO ENCOURAGE AND ASSIST THE FACULTY OF THE DEPARTMENT OF ANESTHESIOLOGY AT THE STATE UNIVERSITY OF NEW YORK AT BUFFALO WITHIN THE JACOBS SCHOOL OF MEDICINE IN THE DELIVERY OF HEALTH CARE, IMPROVE THE ABILITY OF THE FACULTY TO PERFORM CLINICAL RESEARCH, MAXIMIZE RESOURCES TO FOSTER ACADEMIC, RESEARCH AND CLINICAL PROGRAMS, RECRUIT AND RETAIN TARGETED TEACHING PHYSICIANS, AND ENCOURAGE AND SUPPORT THE PERSONAL GROWTH AND PROFESSIONAL DEVELOPMENT OF THE FACULTY OF THE DEPARTMENT OF ANESTHESIOLOGY. UNIVERSITY AT BUFFALO ANESTHESIOLOGY, INC. IS ALSO INTENDED TO PROVIDE FINANCIAL SUPPORT FOR DEVELOPMENT AND GROWTH OF THE DEPARTMENT OF ANESTHESIOLOGY, EXPENSE OF PRACTICE, AND THE RESEARCH AND ACADEMIC MISSIONS OF THE DEPARTMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TRAIN MEDICAL STUDENTS, RESIDENTS, AND FELLOWS IN THE PRACTICE OF ANESTHESIOLOGY, PERIOPERATIVE MEDICINE, PAIN MEDICINE, PEDIATRIC ANESTHESIOLOGY, CARDIAC ANESTHESIOLOGY, AND CRITICAL CARE MEDICINE. TOTAL RESIDENTS AND FELLOWS: 49 (STUDENT NUMBER VARIES).
PATIENT HEALTH CARE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark J Lema MD President | OfficerTrustee | 16 | $0 |
Nader D Nader MD VP & Compliance Officer | OfficerTrustee | 8 | $0 |
Enas Eldesouki MD Secretary | OfficerTrustee | 40 | $0 |
Jahan Porhomayon MD Treasurer | OfficerTrustee | 40 | $0 |
Geoffrey Hobika MD Director | Trustee | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $787,684 |
| Investment income | $11,278 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $798,962 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $4,246 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $22,668 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $15,004 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $4,699 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,872 |
| Insurance | $7,194 |
| All other expenses | $19,042 |
| Total functional expenses | $910,207 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $442,503 |
| Savings and temporary cash investments | $18,882 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $13,213 |
| 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 | $91,165 |
| Net Land, buildings, and equipment | $29,427 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $598,950 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $9,954 |
| Total assets | $1,204,094 |
| Accounts payable and accrued expenses | $40,397 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $40,397 |
| Net assets without donor restrictions | $1,163,697 |
| Net assets with donor restrictions | $0 |
| 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 | $1,204,094 |