University Of Toledo Physicians Clinical Facility Inc is located in Toledo, OH. The organization was established in 2007. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. As of 06/2022, University Of Toledo Physicians Clinical Facility Inc employed 691 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. University Of Toledo Physicians Clinical Facility 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 06/2022, University Of Toledo Physicians Clinical Facility Inc generated $115.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $120.4m during the year ending 06/2022. While expenses have increased by 4.4% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO IMPROVE THE HUMAN CONDITION THROUGH EXCELLENCE IN PATIENT CARE AND MEDICAL DISCOVERY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FACULTY PRACTICE PLAN FOR THE UNIVERSITY OF TOLEDO TO PROVIDE HEALTH CARE SERVICES AS AN INTEGRAL COMPONENT OF THE ACADEMIC AND RESEARCH MISSION OF THE UNIVERSITY.CAPTIVE INSURANCE- WRITING OR FUNDING MEDICAL MALPRACTICE INSURANCE AND REINSURANCE FOR UNIVERSITY OF TOLEDO AND UNIVERSITY OF TOLEDO PHYSICIANS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Akpunonu Basil MD Trustee, Utp | Trustee | 20 | $301,759 |
Ali Imran MD Treasurer, Utp | OfficerTrustee | 20 | $280,768 |
Davis William DDS Trustee, Utp | Trustee | 20 | $86,981 |
Dworkin Lance MD Trustee, Utp | Trustee | 20 | $247,798 |
Ebraheim Nabil MD Trustee, Utp | Trustee | 20 | $1,243,821 |
El-Zawahry Ahmed MD Trustee, Utp | Trustee | 20 | $397,200 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Sellers Dorsey & Assoc Llc Consulting Services | 6/29/22 | $586,331 |
Cliftonlarsonallen Llp Audit And Financial Services | 6/29/22 | $168,808 |
Executive Consulting Group Consulting Services | 6/29/22 | $166,435 |
Iscribe Md Llc Medical Records Transcription Services | 6/29/22 | $141,120 |
Eastman & Smith Ltd Legal Services | 6/29/22 | $134,523 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $113,310 |
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 | $113,310 |
Total Program Service Revenue | $114,013,337 |
Investment income | $319,431 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$92,738 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $115,886,767 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $1,694,652 |
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. | $9,593,312 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $3,283,375 |
Other salaries and wages | $73,901,128 |
Pension plan accruals and contributions | $7,165,955 |
Other employee benefits | $3,433,450 |
Payroll taxes | $1,214,941 |
Fees for services: Management | $0 |
Fees for services: Legal | $219,488 |
Fees for services: Accounting | $81,943 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $29,537 |
Fees for services: Other | $10,956,178 |
Advertising and promotion | $64,432 |
Office expenses | $586,990 |
Information technology | $273,554 |
Royalties | $0 |
Occupancy | $357,068 |
Travel | $524,424 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $438,626 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,366,647 |
Insurance | $1,804,812 |
All other expenses | $225,576 |
Total functional expenses | $120,426,353 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $11,622,533 |
Savings and temporary cash investments | $6,700,812 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $16,152,068 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $20,966 |
Inventories for sale or use | $88,087 |
Prepaid expenses and deferred charges | $131,697 |
Net Land, buildings, and equipment | $12,501,167 |
Investments—publicly traded securities | $20,560,760 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $67,778,090 |
Accounts payable and accrued expenses | $12,107,441 |
Grants payable | $0 |
Deferred revenue | $318,350 |
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 | $19,343,277 |
Total liabilities | $31,769,068 |
Net assets without donor restrictions | $36,009,022 |
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 | $67,778,090 |
Over the last fiscal year, University Of Toledo Physicians Clinical Facility Inc has awarded $8,599,487 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
UNIVERSITY OF TOLEDO FOUNDATION PURPOSE: SUPPORT FOR THE UNIVERSITY OF TOLEDO FOUNDATION | $100,000 |
UNIVERSITY OF TOLEDO PURPOSE: SUPPORT FOR THE UNIVERSITY OF TOLEDO | $8,499,487 |