United Regional Physician Group
- Assets
- $6.0m
- Revenue
- $19.8m
- Investments
- $0.0
- Employees
- 245
- Location
- Wichita Falls, TX
- Founding
- 01/2009
- Data as of
- 12/2020
- EIN
- 75-2925491
Organization Overview
United Regional Physician Group is located in Wichita Falls, TX. The organization was established in 2009. According to its NTEE Classification (E20) the organization is classified as: Hospitals, under the broad grouping of Health Care and related organizations. As of 12/2021, United Regional Physician Group employed 245 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. United Regional Physician Group 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 12/2020, United Regional Physician Group generated $19.8m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.4% each year. All expenses for the organization totaled $34.8m during the year ending 12/2020. While expenses have increased by 5.3% per year over the past 6 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE PHYSICIAN AND HEALTH CARE SERVICES TO THE PUBLIC IN SUPPORT OF UNITED REGIONAL HEALTHCARE SYSTEM, A NON-PROFIT HOSPITAL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
UNITED REGIONAL PHYSICIAN GROUP, A 43 PHYSICIAN AND MID-LEVEL PRACTITIONER GROUP, PROMOTES HEALTH OF THE COMMUNITY BY PROVIDING PHYSICIAN MEDICAL SERVICES TO THE COMMUNITY AND IN SUPPORT OF UNITED REGIONAL HEALTH CARE SYSTEM. ADDITIONAL PROGRAMS WHICH BENEFIT THE COMMUNITY INCLUDE: UNITED REGIONAL PHYSICIAN GROUP SUPPORTS UNITED REGIONAL HEALTH CARE SYSTEM (A STATE DESIGNATED LEVEL 2 TRAUMA CENTER FOR THE REGION) BY PROVIDING COVERAGE FOR SURGICAL SPECIALTIES AS WELL AS CRITICAL CARDIOVASCULAR SURGICAL AVAILABILITY. COMMUNITY CONNECTIONS: UNITED REGIONAL PHYSICIAN GROUP REACHES OUT TO PEOPLE AND COMMUNITIES THROUGHOUT ITS PRIMARY SERVICE AREA OF WICHITA COUNTY AND ITS SECONDARY SERVICE AREA OF 8 SURROUNDING COUNTIES CONSISTING OF ARCHER, BAYLOR, CLAY, HARDEMAN, JACK, MONTAGUE, WILBARGER AND YOUNG COUNTIES. THROUGH COOPERATIVE AGREEMENTS WITH LOCAL GOVERNMENTS AND HOSPITALS, UNITED REGIONAL PROVIDES FUNDING FOR A NUMBER OF HEALTHCARE SERVICES. COMMUNITY EDUCATION: UNITED REGIONAL PHYSICIAN GROUP PROVIDES THE FOLLOWING TYPES OF COMMUNITY EDUCATION: COMMUNITY EDUCATION SEMINARS WITH PRESENTATIONS BY PHYSICIANS ON HEALTH ISSUES AND TREATMENT OPTIONS; PROVIDING HEALTH PROMOTION AND DISEASE PREVENTION INFORMATION, AS WELL AS ONE ON ONE HOSPITAL SERVICES AND EDUCATION; PROVIDING SPEAKERS ON A VARIETY OF HEALTH-RELATED TOPICS; AND PARTICIPATION IN A VARIETY OF COMMUNITY HEALTH FAIRS AND EVENTS PROMOTING GENERAL HEALTH. CHARITY CARE: UNITED REGIONAL PHYSICIAN GROUP PROVIDES MEDICAL CARE TO MEMBERS OF THE COMMUNITY REGARDLESS OF ABILITY TO PAY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joshua Schacter DO Director | Trustee | 40 | $871,704 |
Michael Sheen MD Physician | 40 | $697,381 | |
Edward Walker Gallego MD Physician End: 09/21 | 40 | $527,497 | |
Randy Olson MD Physician | 40 | $501,395 | |
Brandon Ohman MD Physician | 40 | $491,695 | |
Jason Holinbeck MD Director | Trustee | 40 | $479,301 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,238,805 |
| 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 | $1,238,805 |
| Total Program Service Revenue | $18,531,990 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$3,920 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $19,766,875 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $39 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $3,454,438 |
| Compensation of current officers, directors, key employees. | $1,002,614 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $22,798,088 |
| Pension plan accruals and contributions | $564,300 |
| Other employee benefits | $2,466,196 |
| Payroll taxes | $1,373,139 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $349,449 |
| Advertising and promotion | $632 |
| Office expenses | $448,268 |
| Information technology | $1,397 |
| Royalties | $0 |
| Occupancy | $650,660 |
| Travel | $84,194 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $15,013 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $507,585 |
| Insurance | $269,145 |
| All other expenses | $39,261 |
| Total functional expenses | $34,821,124 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,333,114 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,759,855 |
| 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 | $55,626 |
| Net Land, buildings, and equipment | $2,830,337 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,978,932 |
| Accounts payable and accrued expenses | $3,231,899 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $86,456,284 |
| Total liabilities | $89,688,183 |
| Net assets without donor restrictions | -$83,709,251 |
| 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 | $5,978,932 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
El Paso Childrens Hospital Corporation El Paso, TX | $72,914,355 | $147,152,707 |
Texas Health Hospital Frisco Frisco, TX | $242,640,030 | $130,956,692 |
Saint Francis Hospital South Llc Tulsa, OK | $114,076,778 | $195,396,354 |
Bhmc-Conway Little Rock, AR | $132,811,790 | $94,715,351 |
United States Catholic Conference Ada, OK | $58,995,230 | $102,251,380 |
St Lukes Community Development Corporation-Sugar Land Houston, TX | $42,902,809 | $91,369,437 |
Baylor Scott & White Medical Centers-Capitol Area Dallas, TX | $172,997,823 | $85,531,678 |
Val Verde Hospital Corporation Del Rio, TX | $49,343,518 | $78,467,797 |
Artesia General Hospital Artesia, NM | $69,306,951 | $68,819,952 |
United States Catholic Conference Baton Rouge, LA | $64,080,884 | $84,960,844 |
Dallas Physician Medical Services For Children Inc Dallas, TX | $33,121,247 | $30,884,788 |
Utmb Healthcare Systems Inc Galveston, TX | $28,068,247 | $51,722,720 |