Fox Chase Cancer Center Medical Group Inc
- Assets
- $40.9m
- Revenue
- $77.4m
- Investments
- $0.0
- Employees
- 300
- Location
- Philadelphia, PA
- Founding
- 07/2013
- Data as of
- 06/2022
- EIN
- 45-4540585
Organization Overview
Fox Chase Cancer Center Medical Group Inc is located in Philadelphia, PA. The organization was established in 2013. According to its NTEE Classification (E24) the organization is classified as: Specialty Hospitals, under the broad grouping of Health Care and related organizations. As of 06/2022, Fox Chase Cancer Center Medical Group Inc employed 300 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fox Chase Cancer Center Medical 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, Fox Chase Cancer Center Medical Group Inc generated $77.4m in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 0.6% each year. All expenses for the organization totaled $81.8m during the year ending 06/2022. While expenses have increased by 0.5% per year over the past 3 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 PREVAIL OVER CANCER, MARSHALING HEART AND MIND IN BOLD SCIENTIFIC DISCOVERY, PIONEERING PREVENTION AND COMPASSIONATE CARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SURGICAL ONCOLOGY - THE DEPARTMENT OF SURGERY PROVIDES COMPREHENSIVE SURGICAL TREATMENT, AND SUPPORTING ANESTHESIOLOGY SERVICES, TO PATIENTS WITH MALIGNANT DISEASES OF THE BREAST, GASTROINTESTINAL TRACT, LIVER, REPRODUCTIVE ORGANS, AND OTHER DISEASE SITES.
MEDICAL ONCOLOGY - THE MEDICAL ONCOLOGY DEPARTMENT PROVIDES QUALITY DIAGNOSIS, TREATMENT, AND CARE FOR PATIENTS WITH CANCER. TRADITIONAL CHEMOTHERAPY AND NEW CLINICAL TRIALS PROVIDE OUR MEDICAL ONCOLOGISTS WITH ACCESS TO A TREMENDOUS RANGE OF NEW ANTICANCER TREATMENTS, INCLUDING MEDICINES AND COMBINATIONS OF MEDICINES THAT CAN BE DELIVERED TO CANCER PATIENTS.
MEDICINE - THE PHYSICIANS IN THE DEPARTMENT OF MEDICINE TREAT OTHER MEDICAL ISSUES AS WELL AS CANCER RELATED ILLNESSES. IT IS BELIEVED THAT IN TREATING THE WHOLE PERSON, OUR CANCER PATIENTS EXPERIENCE CONTINUITY OF CARE AND ULTIMATELY BETTER OUTCOMES. THE DEPARTMENT OF INTERNAL MEDICINE INCLUDES PHYSICIANS SPECIALIZING IN GASTROENTEROLOGY, DERMATOLOGY, INTERNAL MEDICINE, PSYCHIATRY, ENDOCRINOLOGY, PHYSICAL MEDICINE AND PULMONARY. IN ADDITION FOX CHASE PROVIDES SERVICES FOR INFECTIOUS DISEASES, CARDIOLOGY, AND NEPHROLOGY. THESE PHYSICIANS DELIVER QUALITY CARE FOR CANCER AND NON-CANCER PATIENTS, PROVIDING MEDICAL MANAGEMENT OF EXISTING DISEASES, PREVENTION SCREENINGS, FINE NEEDLE BIOPSIES, AND DIAGNOSTIC AND ENDOSCOPIC PROCEDURES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lewis Gould Director/chair | OfficerTrustee | 1 | $0 |
Christopher Mcnichol Director/vice Chair (from 10/27/21) | OfficerTrustee | 1 | $0 |
Michael Young Director | Trustee | 1 | $0 |
Tina Pidgeon Director (from 10/20/21) | Trustee | 1 | $0 |
Dr Solomon Luo Director | Trustee | 1 | $0 |
Edward Glickman Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
American Oncology Hospital Administrative Fees | 6/29/22 | $1,245,129 |
Cottman Physicians Professional Services | 6/29/22 | $1,605,035 |
Temple Faculty Practice Plan Inc Professional Services | 6/29/22 | $1,391,974 |
Temple University Health System Administrative Fees | 6/29/22 | $797,154 |
Change Healthcare Professional Services | 6/29/22 | $1,149,784 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $564,312 |
| 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 | $564,312 |
| Total Program Service Revenue | $76,819,272 |
| Investment income | $62,475 |
| 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 | $77,446,059 |
| 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. | $1,636,176 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $57,050,116 |
| Pension plan accruals and contributions | $2,841,402 |
| Other employee benefits | $3,218,211 |
| Payroll taxes | $2,764,559 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $162,394 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $122 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,704,482 |
| Advertising and promotion | $186,924 |
| Office expenses | $236,671 |
| Information technology | $43,680 |
| Royalties | $0 |
| Occupancy | $1,724,543 |
| Travel | $403,733 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $115,860 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $33,518 |
| Insurance | $6,286,933 |
| All other expenses | $26,995 |
| Total functional expenses | $81,758,881 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $24,909,249 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $11,029,031 |
| 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 | $0 |
| Net Land, buildings, and equipment | $19,335 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,981,506 |
| Total assets | $40,939,121 |
| Accounts payable and accrued expenses | $9,448,912 |
| 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 | $20,181,589 |
| Total liabilities | $29,630,501 |
| Net assets without donor restrictions | $11,308,620 |
| 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 | $40,939,121 |