University Physicians & Surge Ons Inc
- Assets
- $151.4m
- Revenue
- $226.7m
- Investments
- $0.0
- Employees
- 1,978
- Location
- Huntington, WV
- Founding
- 06/1976
- Data as of
- 06/2022
- EIN
- 55-0564945
Organization Overview
University Physicians & Surge Ons Inc is located in Huntington, WV. The organization was established in 1976. According to its NTEE Classification (E31) the organization is classified as: Group Health Practices, under the broad grouping of Health Care and related organizations. As of 06/2022, University Physicians & Surge Ons Inc employed 1,978 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. University Physicians & Surge Ons 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, University Physicians & Surge Ons Inc generated $226.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.6% each year. All expenses for the organization totaled $216.9m during the year ending 06/2022. While expenses have increased by 5.7% 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.
Since 2015, University Physicians & Surge Ons Inc has awarded 52 individual grants totaling $10,360,749. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
UNIVERSITY PHYSICIANS & SURGEONS, INC. IS A NOT-FOR-PROFIT ORGANIZATION INCORPORATED IN THE STATE OF WEST VIRGINIA. THE MEMBERSHIP OF THE ORGANIZATION CONSISTS OF PHYSICIANS WHO ARE FACULTY MEMBERS OF THE MARSHALL UNIVERSITY SCHOOL OF MEDICINE (MUSOM).REVENUES OF THE ORGANIZATION ARE USED FOR THE PUBLIC PURPOSE OF FURTHERING THE GOALS AND OBJECTIVES OF THE MUSOM AND ARE DERIVED PRINCIPALLY FROM BILLINGS FOR MEDICAL SERVICES FURNISHED BY THE ORGANIZATION'S MEMBERSHIP WITHIN THE SCOPE OF THEIR DUTIES AS FACULTY OF THE MUSOM.
Describe the Organization's Program Activity:
THE CORPORATION SUPPORTED THE FACULTY PHYSICIANS OF THE SCHOOL OF MEDICINE IN THEIR PROVISION OF MEDICAL SERVICES WITH APPROXIMATELY 549,934 PATIENT ENCOUNTERS.
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 |
|---|---|---|---|
Joseph Shapiro Chairman | OfficerTrustee | 15 | $32,600 |
F Layton Cottrill Mu President Designee | Trustee | 1 | $20,900 |
Paulette Wehner Secretary/treasurer | OfficerTrustee | 35 | $162,363 |
Jessie Shields Director | Trustee | 50 | $183,567 |
Stephen Petrany Director | Trustee | 30 | $136,736 |
Joseph Evans Vice-Chairman | OfficerTrustee | 50 | $288,005 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Pst Services Inc Patient Accounting Services | 6/29/22 | $4,288,575 |
Ep Leach & Sons Inc Construction | 6/29/22 | $745,681 |
Nelson Mullins Riley & Scarborough Llp Legal Services | 6/29/22 | $444,316 |
Ceridian Inc Hr/payroll Services | 6/29/22 | $431,074 |
Mu Information Technology It Services | 6/29/22 | $372,846 |
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 | $2,836,045 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,836,045 |
| Total Program Service Revenue | $215,687,246 |
| Investment income | $1,465,315 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $990,045 |
| Net Gain/Loss on Asset Sales | $5,231,377 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $226,695,087 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $418,695 |
| 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. | $4,095,845 |
| Compensation of current officers, directors, key employees. | $368,626 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $147,299,103 |
| Pension plan accruals and contributions | $6,409,793 |
| Other employee benefits | $9,900,901 |
| Payroll taxes | $8,655,684 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $729,785 |
| Fees for services: Accounting | $80,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $12,693,303 |
| Advertising and promotion | $1,030,037 |
| Office expenses | $5,266,247 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,599,844 |
| Travel | $261,949 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,774,815 |
| Interest | $605,963 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,736,169 |
| Insurance | $3,273,541 |
| All other expenses | $0 |
| Total functional expenses | $216,901,977 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,868 |
| Savings and temporary cash investments | $10,928,462 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $10,499,149 |
| Loans from Officers, Directors, or Controlling Persons | $8,258,392 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $813,031 |
| Prepaid expenses and deferred charges | $2,168,272 |
| Net Land, buildings, and equipment | $35,196,133 |
| Investments—publicly traded securities | $49,793,115 |
| Investments—other securities | $0 |
| Investments—program-related | $6,231,224 |
| Intangible assets | $0 |
| Other assets | $27,522,003 |
| Total assets | $151,420,649 |
| Accounts payable and accrued expenses | $33,382,967 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $12,336,904 |
| Escrow or custodial account liability | $4,971,005 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $10,754,961 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $26,199,287 |
| Total liabilities | $87,645,124 |
| Net assets without donor restrictions | $61,475,687 |
| Net assets with donor restrictions | $2,299,838 |
| 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 | $151,420,649 |
Grants Awarded
Over the last fiscal year, University Physicians & Surge Ons Inc has awarded $418,695 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
MARSHALL UNIVERSITY FOUNDATION INC PURPOSE: DR. JEROME "JERRY" GILBERT SCHOLARSHIP | $26,000 |
MARSHALL UNIVERSITY RESEARCH CORP PURPOSE: COST RECOVERY & STARTUPS | $300,000 |
CITY OF MADISON PURPOSE: RURAL HEALTH DONATION - OUTSIDE GYM | $92,695 |