Knapp Medical Group
- Assets
- $311.1k
- Revenue
- $452.3k
- Investments
- $0.0
- Employees
- 16
- Location
- Weslaco, TX
- Founding
- 04/2011
- Data as of
- 12/2022
- EIN
- 27-1619835
Organization Overview
Knapp Medical Group is located in Weslaco, TX. The organization was established in 2011. According to its NTEE Classification (E32) the organization is classified as: Community Clinics, under the broad grouping of Health Care and related organizations. As of 12/2022, Knapp Medical Group employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Knapp Medical Group 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 12/2022, Knapp Medical Group generated $452.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (21.8%) each year. All expenses for the organization totaled $658.8k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (22.9%) per year over the past 8 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
TO PROVIDE RESIDENTS WITH ADEQUATE ACCESS TO PRIMARY HEALTH CARE BY EMPLOYING PHYSICIANS AND OPERATING CLINICS IN THE MEDICALLY UNDESERVED AREA OF THE RIO GRANDE VALLEY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO ESTABLISH PRIMARY HEALTHCARE CLINICS IN THE MID VALLEY AREA AND TO PROVIDE PHYSICIAN OUTREACH SERVICES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Micheal Decandia MD Board Member | Trustee | 1 | $0 |
Charles M Zaremba MD Board Member | Trustee | 1 | $0 |
Daniel Farray MD Board Member | Trustee | 1 | $0 |
Michael Davis CFO (regional) / Sec. /treas. | OfficerTrustee | 1 | $0 |
Rene J Lopez Ceo/president (regional) | OfficerTrustee | 1 | $0 |
Steve Aleman Phf CFO | Officer | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Harlingen Medical Center Lp Intercompany Director Salary | 12/30/19 | $108,052 |
Rio Grande Valley Emergency Physicians Medical Services - Coverage/directorship | 12/30/19 | $104,372 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $19,399 |
| 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 | $19,399 |
| Total Program Service Revenue | $432,937 |
| Investment income | $0 |
| 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 | $452,336 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $185,477 |
| Pension plan accruals and contributions | -$734 |
| Other employee benefits | $38,076 |
| Payroll taxes | $21,642 |
| 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 | $0 |
| Fees for services: Other | $266,020 |
| Advertising and promotion | $180 |
| Office expenses | $139 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $11,265 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,989 |
| Insurance | $7,621 |
| All other expenses | $0 |
| Total functional expenses | $658,766 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,127 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $109,101 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $2,646 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $135,600 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $61,620 |
| Total assets | $311,094 |
| Accounts payable and accrued expenses | $38,011 |
| 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 | $14,762,291 |
| Total liabilities | $14,800,302 |
| Net assets without donor restrictions | -$14,489,208 |
| 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 | $311,094 |