St Lukes Physician Group Inc is located in Allentown, PA. The organization was established in 0000. According to its NTEE Classification (E31) the organization is classified as: Group Health Practices, under the broad grouping of Health Care and related organizations. As of 06/2022, St Lukes Physician Group Inc employed 4,501 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. St Lukes Physician Group 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, St Lukes Physician Group Inc generated $699.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.1% each year . All expenses for the organization totaled $698.1m during the year ending 06/2022. While expenses have increased by 12.6% 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
TO PROVIDE COMPASSIONATE, EXCELLENT QUALITY AND COST EFFECTIVE HEALTHCARE TO THE RESIDENTS OF THE COMMUNITIES WE SERVE IN A NON-DISCRIMINATORY MANNER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EXPENSES INCURRED IN PROVIDING VARIOUS PRIMARY AND SPECIALTY MEDICALLY NECESSARY HEALTHCARE SERVICES TO ALL INDIVIDUALS IN A NON-DISCRIMINATORY MANNER REGARDLESS OF RACE, COLOR, CREED, SEX, NATIONAL ORIGIN OR ABILITY TO PAY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Patrick J Brogle MD Orthopedic Surgeon | 55 | $1,093,885 | |
Stephen A Olenchock DO Thoracic Surgeon | 55 | $1,088,304 | |
Gbolabo Sokunbi MD Faaos Ortho Surgeon (termed 9/30/21) | 55 | $1,080,730 | |
Evan S Marlin MD Neurosurgeon | 55 | $1,033,958 | |
Kristofer S Matullo MD Orthopedic Surgeon | 55 | $1,019,246 | |
Joseph Minahan President Slpg | Officer | 55 | $588,019 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $1,682,270 |
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 | $1,682,270 |
Total Program Service Revenue | $697,530,555 |
Investment income | $16,638 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $30,881 |
Net Gain/Loss on Asset Sales | -$10,934 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $699,249,410 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $100,500 |
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. | $628,685 |
Compensation of current officers, directors, key employees. | $49,352 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $489,347,022 |
Pension plan accruals and contributions | $15,516,174 |
Other employee benefits | $21,375,680 |
Payroll taxes | $23,830,885 |
Fees for services: Management | $0 |
Fees for services: Legal | $72,150 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $1,296,056 |
Advertising and promotion | $35,802 |
Office expenses | $9,178,594 |
Information technology | $667,721 |
Royalties | $0 |
Occupancy | $23,932,809 |
Travel | $758,743 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $276,162 |
Interest | $48,792 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $11,726,385 |
Insurance | $12,458,477 |
All other expenses | $10,922,327 |
Total functional expenses | $698,099,368 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $21,526 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $15,970,374 |
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 | $1,958,984 |
Net Land, buildings, and equipment | $26,520,732 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $4,310,473 |
Other assets | $23,993,886 |
Total assets | $72,775,975 |
Accounts payable and accrued expenses | $158,386,060 |
Grants payable | $0 |
Deferred revenue | $19,644 |
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 | $1,031,839 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $49,881,438 |
Total liabilities | $209,318,981 |
Net assets without donor restrictions | -$136,543,006 |
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 | $72,775,975 |