Wichita Center For Graduate Medical Education Inc
- Assets
- $5.4m
- Revenue
- $22.9m
- Investments
- $0.0
- Employees
- 365
- Location
- Wichita, KS
- Founding
- 08/1990
- Data as of
- 06/2022
- EIN
- 48-1055185
Organization Overview
Wichita Center For Graduate Medical Education Inc is located in Wichita, KS. The organization was established in 1990. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. As of 06/2022, Wichita Center For Graduate Medical Education Inc employed 365 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wichita Center For Graduate Medical Education 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, Wichita Center For Graduate Medical Education Inc generated $22.9m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $22.9m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (0.6%) 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
ON BEHALF OF THE UNIVERSITY OF KANSAS SCHOOL OF MEDICINE-WICHITA, WCGME ADMINISTERS THE GRADUATE MEDICAL EDUCATION PROGRAM FOR RESIDENT PHYSICIANS IN THE CITY OF WICHITA, KANSAS. WCGME'S INVOLVEMENT IN GRADUATE MEDICAL EDUCATION IN WICHITA IS THE RESULT OF AN EFFORT TO OPERATE THAT USED TO BE THREE RESIDENCY PROGRAMS AS ONE. WCGME IS THE LIAISON BETWEEN THE HOSPITAL CLINICAL TEACHING SITES AND THE MEDICAL SCHOOL ACADEMICIANS (FACULTY). WCGME IS, HOWEVER, MORE THAN A LIAISON. IT COORDINATES THE RECRUITMENT OF RESIDENTS, ASSISTS IN ACCREDITATION ACTIVITIES OF ALL THE RESIDENCY PROGRAMS AND APPROVES THE PROGRAM DIRECTORS WHO ARE DIRECTLY RESPONSIBLE FOR THE VARIOUS PROGRAMS. ULTIMATELY THE BENEFIT TO THE CITY OF WICHITA AND THE STATE OF KANSAS IS THE PROVISION OF WELL-EDUCATED PHYSICIANS. PRIMARY CARE PHYSICIAN RESIDENTS MAKE UP OVER FIFTY PERCENT OF THE RESIDENTS CURRENTLY PARTICIPATING IN THE GME PROGRAM. THESE PHYSICIANS WILL BECOME A VITAL PART OF THE MEDICAL COMMUNITY UPON COMPLETION
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADMINISTERING THE GRADUATE MEDICAL EDUCATION PROGRAM FOR RESIDENT PHYSICIANS IN THE CITY OF WICHITA, KS ON BEHALF OF THE UNIVERSITY OF KANSAS SCHOOL OF MEDICINE - WICHITA. COORDINATING THE RECRUITMENT OF RESIDENTS, THE ADMINISTRATION OF ALL EMPLOYMENT AND LICENSING MATTER FOR RESIDENTS, ASSISTING IN ACCREDITATION ACTIVITIES OF ALL THE RESIDENCY PROGRAMS AND APPROVING THE PROGRAM DIRECTORS WHO ARE RESPONSIBLE FOR THE VARIOUS PROGRAMS. SEE ALSO SCHEDULE II
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Don King Secretary | OfficerTrustee | $0 | |
Garold Minns MD President | OfficerTrustee | $0 | |
William Voloch Treasurer | OfficerTrustee | $0 | |
Robyn Case Comptroller | Officer | $0 | |
Alicyn Kidd Member | Trustee | $0 | |
Laurie Labarca Director Des | Trustee | $0 |
Financial Statements
| 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 | $22,018,162 |
| Investment income | $1,173 |
| 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 | $22,892,628 |
| 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 | $17,821,796 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,818,214 |
| Payroll taxes | $1,199,829 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $9,891 |
| Fees for services: Accounting | $24,032 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $236,817 |
| Advertising and promotion | $0 |
| Office expenses | $27,266 |
| Information technology | $7,973 |
| Royalties | $0 |
| Occupancy | $18,338 |
| Travel | $91,804 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $138,857 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $211,331 |
| All other expenses | $102,134 |
| Total functional expenses | $22,892,628 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,595,479 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $475,026 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $35,320 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $276,526 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,382,351 |
| Accounts payable and accrued expenses | $395,692 |
| Grants payable | $0 |
| Deferred revenue | $3,447,260 |
| 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 | $1,539,399 |
| Total liabilities | $5,382,351 |
| 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 | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $5,382,351 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Wichita Center For Graduate Medical Education Inc has recieved totaling $6,678.
| Awarding Organization | Amount |
|---|---|
Ascension Via Christi Health Inc St Louis, MO PURPOSE: SUPPORT FOR RESIDENTS ANNUAL BIKE TRIP | $6,678 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Folds Of Honor Foundation Owasso, OK | $73,033,715 | $51,158,137 |
Alliance For Choice In Education Greenwood Village, CO | $60,249,872 | $34,038,450 |
Wichita Center For Graduate Medical Education Inc Wichita, KS | $5,382,351 | $22,892,628 |
Nebraska Student Loan Program Inc Lincoln, NE | $230,624,169 | $45,453,979 |
Kansas City Scholars Inc Kansas City, MO | $5,810,030 | $12,156,402 |
Scholarship Foundation Of St Louis St Louis, MO | $49,025,721 | $11,563,775 |
Western Union Foundation Inc Denver, CO | $4,087,172 | $7,099,166 |
Foundation For Educational Funding Lincoln, NE | $161,530,703 | $9,132,107 |
Prosperity Denver Fund Denver, CO | $29,340,017 | $14,622,453 |
Reisher Family Foundation Lakewood, CO | $521,642,537 | $444,544,338 |
Papillion Lavista Schools Foundation Papillion, NE | $9,484,528 | $7,053,869 |
Colorado Restaurant Association Education Fund Denver, CO | $2,210,454 | $2,452,590 |