Faculty Clinic Inc
- Assets
- $11.3m
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 0
- Location
- Jacksonville, FL
- Founding
- 06/1988
- Data as of
- 06/2022
- EIN
- 59-2856153
Organization Overview
Faculty Clinic Inc is located in Jacksonville, FL. The organization was established in 1988. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Faculty Clinic 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, Faculty Clinic Inc generated $1.6m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $1.2m during the year ending 06/2022. 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
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FACULTY CLINIC, INC. OPERATES PRIMARILY AS A FACILITIES MANAGEMENT COMPANY AND LEASES SPACE TO THE UNIVERSITY OF FLORIDA JACKSONVILLE PHYSICIANS, INC. AND SHANDS JACKSONVILLE MEDICAL CENTER, INC.
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 |
|---|---|---|---|
Richard Scanu Trustee | Trustee | 1 | $0 |
Dean Cocchi Trustee | Trustee | 1 | $0 |
Jon Debardeleben Trustee | Trustee | 1 | $0 |
Pradeep Kadambi MD CEO | OfficerTrustee | 1 | $0 |
Greg Miller Vice Chair | OfficerTrustee | 1 | $0 |
Leon Haley MD Chair | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $326,428 |
| 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 | $326,428 |
| Total Program Service Revenue | $1,319,411 |
| Investment income | $1,597 |
| 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 | $1,647,436 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $326,600 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $26,004 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $50,605 |
| Advertising and promotion | $0 |
| Office expenses | $75,960 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $281,051 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $135,601 |
| Insurance | $2,717 |
| All other expenses | $2,533 |
| Total functional expenses | $1,243,608 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $686,606 |
| Savings and temporary cash investments | $761,445 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $947,002 |
| 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 | $7,165 |
| Net Land, buildings, and equipment | $854,772 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $8,070,196 |
| Total assets | $11,327,186 |
| Accounts payable and accrued expenses | $82,008 |
| Grants payable | $0 |
| Deferred revenue | $8,893,135 |
| 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 | $63,654 |
| Total liabilities | $9,038,797 |
| Net assets without donor restrictions | $2,288,389 |
| 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 | $11,327,186 |