Pediatric Specialists Of Virginia Llc is located in Fairfax, VA. The organization was established in 2015. 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 12/2021, Pediatric Specialists Of Virginia Llc employed 443 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pediatric Specialists Of Virginia Llc 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 12/2021, Pediatric Specialists Of Virginia Llc generated $38.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.1% each year . All expenses for the organization totaled $59.6m during the year ending 12/2021. While expenses have increased by 5.1% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE A MARKET-LEADING PEDIATRIC SPECIALIST PHYSICIAN CAPACITY IN NORTHERN VIRGINIA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PSV PROVIDES MEDICAL CARE AND RELATED SERVICES TO CHILDREN WHO SEEK DIAGNOSIS, TREATMENT, AND CARE WITHOUT REGARD TO RACE, COLOR, CREED, SEX, DISABILITY, NATIONAL ORIGIN, SEXUAL ORIENTATION, OR POVERTY STATUS. PSV'S PHYSICIANS AND ALLIED STAFF PROVIDE SERVICES IN THE FOLLOWING PEDIATRIC SPECIALTY AREAS: GASTROENTEROLOGY, ORTHOPEDICS, NEPHROLOGY, GENETICS, HEMATOLOGY/ONCOLOGY, ENDOCRINOLOGY, RHEUMATOLOGY, INFECTIOUS DISEASES, PSYCHOLOGY, NEUROLOGY, PSYCHIATRY, ALLERGY AND IMMUNOLOGY, DEVELOPMENTAL PEDIATRICS, NEUROSURGERY, PHYSICAL MEDICINE AND REHABILITATION, ADOLESCENT GYNECOLOGY, UROLOGY, PULMONARY MEDICINE, OTOLARYNGOLOGY, OPHTHALMOLOGY, AND PLASTIC SURGERY TO ALL PEDIATRIC PATIENTS ON A NON-DISCRIMINATORY BASIS. IN ADDITION, PSV OPERATES AN OUTPATIENT SURGERY CENTER AND PROVIDES PEDIATRIC ANESTHESIOLOGY SERVICES. PSV ENGAGES IN ACTIVITIES THAT EDUCATE THE COMMUNITY WITH RESPECT TO AREAS OF CRITICAL HEALTH CARE IMPORTANCE. THROUGH ITS AFFILIATION WITH INOVA AND CHILDREN'S NATIONAL MEDICAL CENTER, PSV PARTICIPATES IN HEALTH SCREENINGS, HEALTH FAIRS, AND HEALTH EDUCATION CLASSES MADE AVAILABLE TO ALL RESIDENTS IN THE COMMUNITY, WHETHER OR NOT THEY ARE PATIENTS OF PSV. PSV'S EMPLOYED PHYSICIANS ALSO PARTICIPATE IN ACADEMIC AND RESEARCH PROGRAMS. PSV PHYSICIANS SERVE AS FACULTY FOR AREA MEDICAL SCHOOLS, PARTICIPATING IN THE MEDICAL EDUCATION PROGRAMS OF THE AFFILIATED HOSPITALS AND INSTRUCTING STUDENTS. BY ENGAGING IN PATIENT CARE AND TEACHING ACTIVITIES AT THE MEMBERS' HOSPITALS, PSV PROMOTES THE HEALTH AND WELL BEING OF THE COMMUNITIES SERVED AND FOSTERS A DYNAMIC AND INTERACTIVE LEARNING ENVIRONMENT FOR FUTURE PHYSICIANS. PSV'S EMPLOYED PHYSICIANS AND ALLIED STAFF ALSO CONDUCT MEDICAL RESEARCH TO ADVANCE THE STUDY AND PRACTICE OF MEDICINE AND TO FIND CURES FOR DISEASES. RESULTS OF THE RESEARCH WILL BE MADE AVAILABLE TO THE GENERAL PUBLIC. PSV'S PHYSICIANS PROVIDE SERVICES TO PATIENTS AT SIX DISTINCT LOCATIONS IN NORTHERN VIRGINIA. BY PROVIDING HIGHLY-SPECIALIZED PEDIATRIC PHYSICIAN CARE TO ALL CHILDREN IN THE LARGE, DIVERSE, AND GROWING NORTHERN VIRGINIA COMMUNITY, PSV FULFILLS A VALUABLE COMMUNITY NEED. PSV WILL MAKE AVAILABLE TO ALL CHILDREN, INCLUDING INDIGENT CHILDREN WHO REQUIRE MEDICAL CARE, THE SERVICES OF ITS PHYSICIANS AND OF ITS QUALIFIED HEALTH CARE PROFESSIONALS CONSISTENT WITH PSV'S POLICIES FOR PROVIDING NEEDED MEDICAL SERVICES TO PATIENTS REGARDLESS OF THEIR ABILITY TO PAY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Laurel Blakemore MD CEO | Officer | 40 | $738,273 |
George Gantsoudes Physician | 40 | $607,870 | |
Laura Eleanor Gill-Sealy Physician | 40 | $596,502 | |
Candice Holden Physician | 40 | $594,248 | |
Joseph Letzelter III Physician | 40 | $558,829 | |
Meryl Ludwig Physician | 40 | $482,416 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Paycom Inc Payroll Services | 12/30/21 | $140,669 |
Liberty Language Service Llc Translation Services | 12/30/21 | $401,438 |
Ecg Management Consultants Healthcare Advisory Services | 12/30/21 | $117,473 |
Scoliosis Solutions Llc X-ray Services | 12/30/21 | $107,650 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $30,406 |
Related organizations | $0 |
Government grants | $1,492,918 |
All other contributions, gifts, grants, and similar amounts not included above | $17,763 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,541,087 |
Total Program Service Revenue | $36,593,583 |
Investment income | $386,611 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $3,507 |
Net Income from Fundraising Events | -$4,146 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $38,520,642 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $2,730 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $2,128,345 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $32,376,018 |
Pension plan accruals and contributions | $1,064,641 |
Other employee benefits | $3,409,807 |
Payroll taxes | $1,971,674 |
Fees for services: Management | $678,374 |
Fees for services: Legal | $12,708 |
Fees for services: Accounting | $54,835 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $21,432 |
Fees for services: Other | $2,735,527 |
Advertising and promotion | $1,009 |
Office expenses | $291,901 |
Information technology | $449,188 |
Royalties | $0 |
Occupancy | $4,181,672 |
Travel | $39,239 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $106,101 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,539,889 |
Insurance | $2,517,306 |
All other expenses | $459,110 |
Total functional expenses | $59,561,181 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $10,688,913 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $2,534,738 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $688,073 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $156,266 |
Net Land, buildings, and equipment | $3,281,988 |
Investments—publicly traded securities | $8,361,737 |
Investments—other securities | $1,867,620 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $27,579,335 |
Accounts payable and accrued expenses | $8,056,457 |
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 | $8,673,500 |
Total liabilities | $16,729,957 |
Net assets without donor restrictions | $10,849,378 |
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 | $27,579,335 |
Over the last fiscal year, we have identified 1 grants that Pediatric Specialists Of Virginia Llc has recieved totaling $1,000.
Awarding Organization | Amount |
---|---|
White Stone Fund Inc Easton, MD PURPOSE: FUND ORGANIZED CHARITIES PLANNED PURPOSES MEDICALFUND ORGANIZED CHARITIES PLANNED PURPOSES HUMANITARIAN | $1,000 |
Organization Name | Assets | Revenue |
---|---|---|
Wellmont Medical Associates Inc Johnson City, TN | $20,115,154 | $123,355,433 |
Moses Cone Physician Services Inc Greensboro, NC | $50,601,187 | $84,107,412 |
Ut Le Bonheur Pediatric Specialists Inc Memphis, TN | $10,488,131 | $58,933,754 |
Pediatric Physicians Services Inc Baltimore, MD | $9,051,384 | $104,702,808 |
Kings Daughters Medical Specialties Inc Ashland, KY | $18,582,367 | $68,102,395 |
Ut Medical Group Inc Memphis, TN | $46,840,013 | $90,614,625 |
Frederick Health Medical Group Llc Frederick, MD | $25,584,881 | $69,646,523 |
Maryland Family Care Inc Baltimore, MD | $19,893,150 | $66,378,541 |
Pediatric Specialists Of Virginia Llc Fairfax, VA | $27,579,335 | $38,520,642 |
University Of Maryland Surgical Associates P A Baltimore, MD | $11,427,911 | $47,311,185 |
Wellmont Cardiology Services Johnson City, TN | $7,928,390 | $49,063,818 |
United Physicians Care Inc Shinnston, WV | $7,483,188 | $43,634,994 |