The Wright Center For Graduate Medical Education
- Assets
- $27.8m
- Revenue
- $39.6m
- Investments
- $0.0
- Employees
- 408
- Location
- Scranton, PA
- Founding
- 10/1976
- Data as of
- 06/2022
- EIN
- 23-2007832
Organization Overview
The Wright Center For Graduate Medical Education is located in Scranton, PA. The organization was established in 1976. As of 06/2022, Wright Center For Graduate Medical Education employed 408 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wright Center For Graduate Medical Education 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, Wright Center For Graduate Medical Education generated $39.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.1% each year. All expenses for the organization totaled $38.3m during the year ending 06/2022. While expenses have increased by 6.6% 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.
Since 2019, Wright Center For Graduate Medical Education has awarded 12 individual grants totaling $1,448,489. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE WRIGHT CENTER FOR GRADUATE MEDICAL EDUCATION (TWCGME) IS TO IMPROVE THE HEALTH AND WELFARE OF THE COMMUNITIES WE SERVE. SEE SCHEDULE O FOR MORE.
Describe the Organization's Program Activity:
TEACHING HEALTH CENTER GRADUATE MEDICAL EDUCATION (THCGME) FUNDING: A COMMUNITY-BASED, PHYSICIAN-LED, 501(C)(3) NONPROFIT ORGANIZATION, TWCGME IS THE ANCHORING MEMBER OF A GRADUATE MEDICAL EDUCATION SAFETY-NET CONSORTIUM (GME-SNC) STRIVING TO ADDRESS OUR NATION'S PRIMARY CARE PHYSICIAN SHORTAGE AND MIS-DISTRIBUTION, AND RELATED HEALTH AND HEALTHCARE DISPARITIES. SEE SCHEDULE O FOR ADDITIONAL INFORMATION.
SEE NARRATIVE
CMS AND VA FUNDING FOR GRADUATE MEDICAL EDUCATION: AS A COMMUNITY-BASED, PHYSICIAN-LED NONPROFIT ORGANIZATION STRIVING TO ADDRESS OUR NATION'S PRIMARY CARE PHYSICIAN SHORTAGE AND RELATED HEALTH AND HEALTHCARE DISPARITIES. SEE SCHEDULE O FOR ADDITIONAL INFORMATION.
INSTITUTIONAL REVIEW BOARD: TWCGME OPERATES AN INSTITUTIONAL REVIEW BOARD (IRB). THE MISSION OF TWCGME'S IRB IS TO PROTECT THE RIGHTS, WELFARE AND KNOWLEDGE-BASED EMPOWERMENT OF HUMAN PARTICIPANTS RECRUITED TO ENGAGE IN RESEARCH ACTIVITIES OCCURRING IN TWCCH CLINICAL LEARNING ENVIRONMENTS, PARTNERING ORGANIZATIONS' CLINICAL LEARNING ENVIRONMENTS AND/OR WITH TWCGME RESIDENTS, FELLOWS AND/OR FACULTY. PHYSICIANS, EDUCATORS, ACADEMIC AND CLINICAL RESEARCH EXPERTS AND COMMUNITY MEMBERS SERVE ON THE IRB.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Linda Thomas-Hemak MD President & CEO | OfficerTrustee | 15 | $187,001 |
Jignesh Sheth MD SVP Clinical Operations/physic | Officer | 15 | $123,017 |
William Dempsey MD Associate Program Director/phy | 5 | $32,694 | |
Jumee Barooah MD Dio And Physician/ Non Voting | Officer | 25 | $136,453 |
Enrique Samonte MD Program Director/physician | Officer | 5 | $33,457 |
Timothy Burke DO Program Director/physician | Officer | 20 | $107,450 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
At Still University Of Health Sci Professional Fees | 6/29/22 | $339,642 |
Blank Rome Llp Professional Fees | 6/29/22 | $233,165 |
Paylocity Corporation Professional Fees | 6/29/22 | $210,151 |
Unity Health Care Inc Professional Fees | 6/29/22 | $268,891 |
Health Source Of Ohio Professional Fees | 6/29/22 | $260,706 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $126,000 |
| Government grants | $19,722,852 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $19,850,852 |
| Total Program Service Revenue | $17,576,749 |
| Investment income | $130,465 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $658,924 |
| Net Gain/Loss on Asset Sales | $162,880 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $39,606,014 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $38,106 |
| 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. | $1,652,372 |
| Compensation of current officers, directors, key employees. | $1,146,398 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $20,016,929 |
| Pension plan accruals and contributions | $782,674 |
| Other employee benefits | $2,308,920 |
| Payroll taxes | $1,589,881 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $251,214 |
| Fees for services: Accounting | $147,427 |
| Fees for services: Lobbying | $79,484 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $36,898 |
| Fees for services: Other | $2,560,983 |
| Advertising and promotion | $127,341 |
| Office expenses | $280,254 |
| Information technology | $449,957 |
| Royalties | $0 |
| Occupancy | $129,071 |
| Travel | $137,204 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $537,921 |
| Interest | $165,207 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,070,995 |
| Insurance | $900,564 |
| All other expenses | $76,333 |
| Total functional expenses | $38,265,906 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,613,370 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $244,912 |
| Accounts receivable, net | $2,084,048 |
| 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 | $212,345 |
| Net Land, buildings, and equipment | $5,542,318 |
| Investments—publicly traded securities | $8,404,682 |
| Investments—other securities | $0 |
| Investments—program-related | $363,144 |
| Intangible assets | $0 |
| Other assets | $6,291,317 |
| Total assets | $27,756,136 |
| Accounts payable and accrued expenses | $3,748,466 |
| 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 | $8,620,644 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,071,542 |
| Total liabilities | $14,440,652 |
| Net assets without donor restrictions | $13,315,484 |
| 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 | $27,756,136 |
Grants Awarded
Over the last fiscal year, The Wright Center For Graduate Medical Education has awarded $38,106 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
THE INSTITUTE FOR PUBLIC POLICY AND ECONOMIC DEVEL PURPOSE: SEE NARRATIVES | $6,000 |
AT STILL SCHOOL OF OSTEOPATHIC MEDICINE PURPOSE: SEE NARRATIVES | $22,106 |
UNITED WAY OF LACKAWANNA AND WAYNE COUNTIES PURPOSE: SEE NARRATIVES | $10,000 |