Tennessee Medical Foundation Inc is located in Brentwood, TN. The organization was established in 1955. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tennessee Medical Foundation 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 12/2023, Tennessee Medical Foundation Inc generated $1.4m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $1.4m during the year ending 12/2023. While expenses have increased by 3.4% per year over the past 9 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PHYSICIANS HEALTH PROGRAM ASSISTS PHYSICIANS IMPAIRED BY MENTALEMOTIONAL ILLNESS CHEMICAL DEPENDENCY OR BOTH
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
JD Rosdeutscher MD Chair Phqic | 2 | $0 | |
Michael R Miller DO Director | 1 | $0 | |
Clay W Runnels MD President | 2 | $0 | |
Subhi D Ali MD Director | 1 | $0 | |
Eric W Berg MD Vice President | 2 | $0 | |
Randy Ratliff ESQ Director | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,358,197 |
| Interest on Savings | $18,578 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $22,020 |
| Total Revenue | $1,398,795 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $120,492 |
| Other employee salaries and wages | $721,131 |
| Pension plans, employee benefits | $111,254 |
| Interest | $0 |
| Taxes | $52,865 |
| Depreciation | $0 |
| Occupancy | $83,183 |
| Travel, conferences, and meetings | $31,640 |
| Printing and publications | $22,793 |
| Other expenses | $199,726 |
| Total operating and administrative expenses | $1,369,836 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $1,369,836 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $363,802 |
| Savings and temporary cash investments | $614,067 |
| Net Accounts receivable | $64,461 |
| Net Pledges Receivable | $0 |
| Grants receivable | $72,757 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $13,219 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $2,734 |
| Other assets | $202,041 |
| Total assets | $1,333,081 |
| Accounts payable and accrued expenses | $7,224 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $202,041 |
| Total liabilities | $209,265 |