University Of Florida Jacksonville Physicians Inc
- Assets
- $203.0m
- Revenue
- $402.7m
- Investments
- $0.0
- Employees
- 1,960
- Location
- Jacksonville, FL
- Founding
- 03/1979
- Data as of
- 06/2022
- EIN
- 59-1867557
Organization Overview
University Of Florida Jacksonville Physicians Inc is located in Jacksonville, FL. The organization was established in 1979. 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 06/2022, University Of Florida Jacksonville Physicians Inc employed 1,960 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. University Of Florida Jacksonville Physicians 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 Of Florida Jacksonville Physicians Inc generated $402.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $401.3m during the year ending 06/2022. While expenses have increased by 4.5% 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 Of Florida Jacksonville Physicians Inc has awarded 18 individual grants totaling $1,215,828,854. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
UNIVERSITY OF FLORIDA JACKSONVILLE PHYSICIANS, INC. IS DEDICATED TO MAKING A DIFFERENCE IN THE LIVES OF THOSE WE SERVE BY PROVIDING EXCEPTIONAL AND INNOVATIVE PRACTICE MANAGEMENT IN SUPPORT OF THE UNIVERSITY OF FLORIDA COLLEGE OF MEDICINE - JACKSONVILLE IN ITS MISSION TO COMFORT, TO HEAL, TO EDUCATE AND TO DISCOVER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE UNIVERSITY OF FLORIDA JACKSONVILLE PHYSICIANS, INC., IS AN APPROVED PRACTICE PLAN OF THE UNIVERSITY OF FLORIDA COLLEGE OF MEDICINE (COM) IN WHICH THE PRIMARY MISSION IS TO BILL AND COLLECT PROFESSIONAL FEES FROM THE CLINICAL PRACTICE OF UNIVERSITY PHYSICIANS IN ORDER TO FUND THE EDUCATIONAL, CLINICAL AND RESEARCH MISSIONS OF THE JACKSONVILLE CAMPUS OF THE COM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Linda Edwards MD Chair | OfficerTrustee | 1 | $0 |
Pradeep Kadambi MD President | OfficerTrustee | 1 | $0 |
Andy Goodwin MD Vice-President | OfficerTrustee | 1 | $0 |
Leigh Neumayer MD Secretary/treasurer | OfficerTrustee | 1 | $0 |
Dominick Angiolillo MD Trustee | Trustee | 1 | $0 |
Kethandapatti Balaji MD Trustee | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Tenant Contractors Inc Contracting | 6/29/22 | $1,765,214 |
Jds Real Holdings Llc Rent | 6/29/22 | $1,366,110 |
Cmk2 Jacksonville 4555 Llc Rent | 6/29/22 | $1,227,954 |
Doc-15255 Max Leggett Pkwy Rent | 6/29/22 | $945,896 |
Jacksonville Mob Llc Rent | 6/29/22 | $991,382 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $969,384 |
| 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 | $969,384 |
| Total Program Service Revenue | $394,989,703 |
| Investment income | -$419,527 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $7,087,676 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $402,663,236 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $185,761,037 |
| 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 | $98,209,832 |
| Pension plan accruals and contributions | $2,041,339 |
| Other employee benefits | $15,856,958 |
| Payroll taxes | $6,301,007 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $66,720 |
| Fees for services: Accounting | $151,722 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $5,053,086 |
| Advertising and promotion | $347,614 |
| Office expenses | $931,781 |
| Information technology | $3,075,563 |
| Royalties | $0 |
| Occupancy | $13,738,337 |
| Travel | $188,059 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $717,018 |
| Interest | $2,402,054 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,668,610 |
| Insurance | $1,661,611 |
| All other expenses | $7,860,426 |
| Total functional expenses | $401,263,034 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,031,528 |
| Savings and temporary cash investments | $29,634,402 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $15,075,672 |
| 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 | $2,173,791 |
| Net Land, buildings, and equipment | $42,580,048 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $100,475,678 |
| Total assets | $202,971,119 |
| Accounts payable and accrued expenses | $38,227,809 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $26,345,000 |
| 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 | $55,285,533 |
| Total liabilities | $119,858,342 |
| Net assets without donor restrictions | $83,112,777 |
| 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 | $202,971,119 |
Grants Awarded
Over the last fiscal year, University Of Florida Jacksonville Physicians Inc has awarded $160,549,809 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF FLORIDA COLLEGE OF MEDICINE PURPOSE: General Support to Academic Enrichment Fund | $160,399,809 |
SHANDS JACKSONVILLE MEDICAL CENTER INC PURPOSE: General Support | $150,000 |