College Of Physicians Of Philadelphia
- Assets
- $43.7m
- Revenue
- $7.1m
- Investments
- $0.0
- Employees
- 74
- Location
- Philadelphia, PA
- Founding
- 12/1942
- Data as of
- 06/2022
- EIN
- 23-1352670
Organization Overview
College Of Physicians Of Philadelphia is located in Philadelphia, PA. The organization was established in 1942. According to its NTEE Classification (B05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Education and related organizations. As of 06/2022, College Of Physicians Of Philadelphia employed 74 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. College Of Physicians Of Philadelphia 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, College Of Physicians Of Philadelphia generated $7.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $7.0m during the year ending 06/2022. While expenses have increased by 2.6% 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
ADVANCING THE CAUSE OF HEALTH WHILE UPHOLDING THE IDEALS AND HERITAGE OF MEDICINE
Describe the Organization's Program Activity:
Part 3 - Line 4a
LIBRARY EXPENDITURES INCURRED TO MAINTAIN AN EXTENSIVE HISTORICAL MEDICAL LIBRARY USED FOR VARIOUS RESEARCH PROJECTS. THE LIBRARY IS ONE OF THE WORLD'S PREMIER COLLECTION OF RARE BOOKS AND INDEPENDENT LIBRARIES DEVOTED TO THE HISTORY OF MEDICINE.
EDUCATIONAL SEMINARS, FELLOWSHIP, AND EVENTS. VARIOUS INFORMATIONAL PROJECTS AND EDUCATIONAL SEMINARS PROVIDED TO SPECIFIC USER GROUPS AND THE PUBLIC. THE FELLOWSHIP PROGRAM IS COMPRISED OF CLOSE TO 1,000 ESTABLISHED LEADERS IN THE FIELDS OF MEDICINE, LAW, AND BUSINESS. EDUCATIONAL SEMINARS COVER A WIDE RANGE OF CURRENT TOPICS AND ISSUES FOR THE BENEFIT OF BOTH HEALTH PROFESSIONALS AND THE GENERAL PUBLIC
MUSEUM EXHIBITS OPEN TO MEDICAL STUDENTS, THE GENERAL PUBLIC, HEALTH CARE PROFESSIONALS, AND STUDENTS OF ALL AGES FOR PURPOSES OF EDUCATION AND RESEARCH. THE MUSEUM IS HOME TO OVER 20,000 OBJECTS INCLUDING MEDICAL INSTRUMENTS, SPECIMENS, MEDICAL ILLUSTRATIONS, AND MEMORIBILIA OF OUTSTANDING PHYSICIANS AND SCIENTISTS.
PUBLIC HEALTH AND EDUCATION: GEORGE & JUDY WOHLREICH JUNIOR FELLOWS IS A SUMMER AFTERSCHOOL PROGRAM AIMED AT UNDER RESOURCED PHILA. HIGH SCHOOL STUDENTS TO FOLLOW CAREER PATHS IN HEALTHCARE AND MEDICINE. GIRLS ONE DIASPORA CLUB IS AN AFTER-SCHOOL INTERNSHIP PROGRAM FOR TEEN GIRLS IN PHILA WHO ARE FROM AFRICA OR WERE BORN OUTSIDE THE US AND HAVE AN INTEREST IN HEALTHCARE OR STEM CAREERS. OUT4STEM IS AN AFTER-SCHOOL INTERNSHIP PROGRAM THAT AIMS TO PROVIDE PHILA. LGBTQIA YOUTH WITH HEALTHCARE AND STEM ORIENTED INSTRUCTION, MENTORING AND ACADEMIC SUPPORT. STEM INTERNSHIP IS A (SCIENCE, TECHNOLOGY, ENGINEERING & MATH) AND SOCIAL JUSTICE PROGRAM FOR PHILA HIGH SCHOOL STUDENTS WHO HAVE BEEN IMPACTED BY COMMUNITY VIOLENCE. HISTORY OF VACCINES.ORG EXPLORES THE HERITAGE, DEVELOPMENT AND USE OF VACCINES THROUGHOUT HISTORY IN A DYNAMIC INTERNET-BASED FORMAT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas Fekete MD Chair | OfficerTrustee | 1 | $0 |
Julia Haller MD Vice Chair | OfficerTrustee | 1 | $0 |
Edith P Mitchell Secretary | OfficerTrustee | 1 | $0 |
Neal R Satten Treasurer | OfficerTrustee | 1 | $0 |
Alexander Vaccaro MD PHD MBA Trustee | Trustee | 1 | $0 |
Andrew B Roberts MD Trustee | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Kiernan Timberlake Architecture | 6/29/22 | $149,985 |
Isaacson Miller Recruiter | 6/29/22 | $120,234 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $663,500 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,068,298 |
| Noncash contributions included in lines 1a–1f | $17,001 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,731,798 |
| Total Program Service Revenue | $2,541,335 |
| Investment income | $534,866 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $128,916 |
| Net Gain/Loss on Asset Sales | $662,822 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $457,796 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,118,031 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $48,853 |
| 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. | $536,255 |
| Compensation of current officers, directors, key employees. | $519,882 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,874,492 |
| Pension plan accruals and contributions | $94,040 |
| Other employee benefits | $350,141 |
| Payroll taxes | $239,262 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $31,132 |
| Fees for services: Other | $953,385 |
| Advertising and promotion | $53,634 |
| Office expenses | $216,588 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $237,145 |
| Travel | $14,940 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $114,838 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $551,334 |
| Insurance | $99,549 |
| All other expenses | $26,818 |
| Total functional expenses | $7,009,710 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $635,356 |
| Pledges and grants receivable | $285,970 |
| Accounts receivable, net | $115,497 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $76,394 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $6,152,323 |
| Investments—publicly traded securities | $36,330,800 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $100,797 |
| Other assets | $11,926 |
| Total assets | $43,709,063 |
| Accounts payable and accrued expenses | $555,368 |
| Grants payable | $0 |
| Deferred revenue | $191,714 |
| 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 | $45,916 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $792,998 |
| Net assets without donor restrictions | $23,960,774 |
| Net assets with donor restrictions | $18,955,291 |
| 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 | $43,709,063 |
Grants Awarded
Over the last fiscal year, College Of Physicians Of Philadelphia has awarded $48,853 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
UNICEF PURPOSE: UKRAINE SUPPORT | $14,002 |
UNIVERSITY OF PENNSYLVANIA PURPOSE: LIBRARY PROJECT | $34,851 |