Temple Physicians Inc
- Assets
- $26.5m
- Revenue
- $74.5m
- Investments
- $0.0
- Employees
- 631
- Location
- Philadelphia, PA
- Founding
- 05/2006
- Data as of
- 06/2022
- EIN
- 23-2790607
Organization Overview
Temple Physicians Inc is located in Philadelphia, PA. The organization was established in 2006. According to its NTEE Classification (E99) the organization is classified as: Health Care N.E.C., under the broad grouping of Health Care and related organizations. As of 06/2022, Temple Physicians Inc employed 631 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Temple Physicians 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, Temple Physicians Inc generated $74.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.2%) each year. All expenses for the organization totaled $82.1m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (1.0%) per year over the past 7 years. 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
THE MISSION OF TEMPLE PHYSICIANS, INC. IS TO PROVIDE ACCESS TO THE HIGHEST QUALITY OF CLINICAL CARE IN BOTH THE COMMUNITY AND ACADEMIC SETTINGS, AND TO SUPPORT THE CLINICAL, ADMINISTRATIVE AND CORPORATE ACTIVITIES OF TEMPLE UNIVERSITY HEALTH SYSTEM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TEMPLE PHYSICIANS, INC. (TPI) IS A NETWORK OF COMMUNITY BASED PRIMARYCARE AND SPECIALIST PHYSICIANS OFFERING SERVICES IN APPROXIMATELY 46OFFICES LOCATED THROUGHOUT NORTH AND NORTHEAST PHILADELPHIA AND THESURROUNDING AREAS, SEVERAL OF WHICH ARE LOCATED IN AREAS DESIGNATED BYTHE US DEPARTMENT OF HEALTH AND HUMAN SERVICES HEALTH RESOURCE &SERVICES ADMINISTRATION AS MEDICALLY UNDERSERVED AREAS / POPULATIONS(MUA/P)FOR MEDICAL CARE PROFESSIONALS. TPI EMPLOYS AND OTHERWISECONTRACTS WITH APPROXIMATELY 141 PHYSICIANS AND 108 MIDLEVEL PROVIDERSTO PROVIDE HEALTHCARE SERVICES TO ITS PATIENTS, INCLUDING BOTHINPATIENTS AND OUTPATIENTS OF THE AFFILIATED HOSPITALS OF THE TEMPLEUNIVERSITY HEALTH SYSTEM (TUHS).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Francis Devlin Chair | OfficerTrustee | 2 | $0 |
John W Meacham Vice Chair | OfficerTrustee | 2 | $0 |
Dr Marc Hurowitz President & CEO | OfficerTrustee | 20 | $637,183 |
Dr Richard I Fisher Director (until 11/29/21) | Trustee | 1 | $0 |
Joel Helmke Director (from 10/20/21) | Trustee | 1 | $0 |
Mark Obenrader Director | Trustee | 50 | $297,162 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Inhospital Physicians Corp Physician Services | 6/29/22 | $5,696,941 |
Temple University Health System Management Services | 6/29/22 | $3,656,957 |
Fox Chase Medical Group Physician Services | 6/29/22 | $434,663 |
Metropolitan Nephrology Associates Physician Services | 6/29/22 | $415,250 |
Signallamp Health Physician Services | 6/29/22 | $1,318,185 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $5,500,000 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $93,500 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,593,500 |
| Total Program Service Revenue | $68,803,401 |
| Investment income | $142,225 |
| 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 | $74,539,126 |
| 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. | $972,985 |
| Compensation of current officers, directors, key employees. | $631,735 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $41,857,952 |
| Pension plan accruals and contributions | $2,496,269 |
| Other employee benefits | $4,241,352 |
| Payroll taxes | $3,069,428 |
| Fees for services: Management | $8,465,050 |
| Fees for services: Legal | $1,496 |
| 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 | $5,466,730 |
| Advertising and promotion | $103,617 |
| Office expenses | $2,448,521 |
| Information technology | $559,423 |
| Royalties | $0 |
| Occupancy | $4,546,818 |
| Travel | $19,632 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,201 |
| Interest | $37,105 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $354,824 |
| Insurance | $6,673,636 |
| All other expenses | $0 |
| Total functional expenses | $82,147,840 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,498,592 |
| Savings and temporary cash investments | $4,900,439 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,287,330 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $4,372,793 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $356,839 |
| Net Land, buildings, and equipment | $531,664 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $11,553,584 |
| Total assets | $26,501,241 |
| Accounts payable and accrued expenses | $4,694,962 |
| 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 | $19,998,037 |
| Total liabilities | $24,692,999 |
| Net assets without donor restrictions | $1,808,242 |
| 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 | $26,501,241 |