M E D F Physicians Corporation is located in Coldwater, OH. The organization was established in 2002. According to its NTEE Classification (E30) the organization is classified as: Ambulatory & Primary Health Care, under the broad grouping of Health Care and related organizations. As of 03/2024, M E D F Physicians Corporation employed 218 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. M E D F Physicians Corporation 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 03/2024, M E D F Physicians Corporation generated $13.1m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 10.3% each year . All expenses for the organization totaled $23.3m during the year ending 03/2024. While expenses have increased by 12.5% per year over the past 9 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE PROFESSIONAL MEDICAL SERVICES TO MERCER COUNTY, OHIO AND THE SURROUNDING AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE PROFESSIONAL MEDICAL SERVICES TO MERCER COUNTY, OHIO AND THE SURROUNDING AREA.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
James Reichert Doctor | 40 | $1,172,814 | |
Scott Cohen Doctor | 40 | $599,412 | |
Roxanna Torres Doctor | 40 | $479,641 | |
Heather Kleinhenz Doctor | 36 | $445,492 | |
Jayanth Gutta Doctor | 40 | $424,434 | |
Robert Seward Doctor | 40 | $423,715 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
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 | $0 |
Total Program Service Revenue | $11,971,429 |
Investment income | $2,165 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$3,390 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $13,095,199 |
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. | $9,314,021 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $6,101,688 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $2,853,230 |
Payroll taxes | $932,756 |
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 | $492,254 |
Advertising and promotion | $0 |
Office expenses | $93,879 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $309,528 |
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 | $97,420 |
Insurance | $35,161 |
All other expenses | $324,986 |
Total functional expenses | $23,311,943 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $138,412 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $1,120,760 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $364,981 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $1,233 |
Net Land, buildings, and equipment | $491,804 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $2,117,190 |
Accounts payable and accrued expenses | $979,992 |
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 | $0 |
Total liabilities | $979,992 |
Net assets without donor restrictions | $0 |
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 | $59,110,888 |
Retained earnings, endowment, accumulated income, or other funds | -$57,973,690 |
Total liabilities and net assets/fund balances | $2,117,190 |