Musc Health Partners is located in Charleston, SC. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. As of 06/2021, Musc Health Partners employed 75 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Musc Health Partners is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
MUSC HEALTH PARTNERS (THE CORPORATION) IS A SOUTH CAROLINA NONPROFIT CORPORATION. THE CORPORATION WAS FORMED FOR THE PURPOSE TO ADVANCE AND SUPPORT UNIVERSITY MEDICAL ASSOCIATES OF THE MEDICAL UNIVERSITY OF SOUTH CAROLINA (UMA), A SOUTH CAROLINA NONPROFIT CORPORATION WHICH IS TAX-EXEMPT UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MUSC HEALTH PARTNERS (THE CORPORATION) IS A SOUTH CAROLINA NONPROFIT CORPORATION. THE CORPORATION WAS FORMED FOR THE PURPOSE TO ADVANCE AND SUPPORT UNIVERSITY MEDICAL ASSOCIATES OF THE MEDICAL UNIVERSITY OF SOUTH CAROLINA (UMA), A SOUTH CAROLINA NONPROFIT CORPORATION WHICH IS TAX-EXEMPT UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. UMA IS ONE OF THREE COMPONENTS WHICH TOGETHER CONSTITUTE THE ACADEMIC HEALTH SYSTEM KNOWN AS THE MEDICAL UNIVERSITY OF SOUTH CAROLINA. THE OTHER COMPONENTS ARE THE MEDICAL UNIVERSITY OF SOUTH CAROLINA (MUSC) AND THE MEDICAL UNIVERSITY HOSPITAL AUTHORITY (MUHA). MUSC IS A STATE AGENCY ESTABLISHED BY SOUTH CAROLINA STATUTE THAT PRIMARILY SERVES AS THE EDUCATIONAL AND RESEARCH COMPONENT OF THE HEALTH CARE SYSTEM. MUHA IS A QUASI-AGENCY ESTABLISHED BY SOUTH CAROLINA STATUTE THAT OWNS AND OPERATES THE HEALTH CARE SYSTEM FACILITIES. UMA IS A PHYSICIAN PRACTICE FOR MUSC CLINICAL FACULTY THAT FACILITIES THE PROVISION OF INPATIENT AND OUTPATIENT SERVICES IN FURTHERANCE AND FOR THE BENEFIT OF MUSC. THE MAIN MUSC CAMPUS IS LOCATED IN DOWNTOWN CHARLESTON, SOUTH CAROLINA, BUT EDUCATES AND SERVES INDIVIDUALS PRIMARILY THROUGHOUT THE STATE. THE CORPORATION FACILITATES THE DEPLOYMENT OF CLINICAL RESOURCES INTO COMMUNITIES OUTSIDE OF THE CHARLESTON MAIN CAMPUS OF THE HEALTH SYSTEM. THE CORPORATION ACCOMPLISHES THIS OBJECTIVE PRIMARILY THROUGH ITS OWNERSHIP AND MANAGEMENT OF CAROLINA PRIMARY CARE PHYSICIANS, LLC (CPCP), A SOUTH CAROLINA LIMITED LIABILITY COMPANY WHICH HAS ELECTED TO BE TAXED AS A CORPORATION. A COPY OF THE CPCP OPERATING AGREEMENT IS ATTACHED AS EXHIBIT 1. CPCP IS A MANAGER-MANAGED LIMITED LIABILITY COMPANY. THE CHIEF EXECUTIVE OFFICER OF THE CORPORATION AND THE CHIEF PHYSICIAN EXECUTIVE OF UMA ARE THE MANAGERS. THE CORPORATION IS THE SOLE MEMBER OF CPCP.CPCP EMPLOYS CLINICAL AND ADMINISTRATIVE STAFF. CPCP EMPLOYEES PROVIDE PROFESSIONAL SERVICES TO CAROLINA FAMILY CARE, INC.(CFC), A SOUTH CAROLINA CORPORATION. CFC OPERATES APPROXIMATELY 66 MEDICAL CLINICS LOCATED IN CHARLESTON, FLORENCE, AND LANCASTER SOUTH CAROLINA. CFC IS OWNED BY UMA. THE CORPORATION PROVIDES MANAGEMENT SERVICES TO CPCP. THE CORPORATIONS OWNERSHIP AND MANAGEMENT OF CPCP AND CPCPS EMPLOYMENT OF PHYSICIANS AND STAFF ALLOWS PHYSICIANS TO BE EMPLOYED ON TERMS AND CONDITIONS THAT WOULD NOT OTHERWISE BE AVAILABLE IF THE PHYSICIANS AND STAFF WERE EMPLOYED DIRECTLY BY UMA. THE FLEXIBILITY TO OFFER DIFFERING TERMS AND CONDITIONS OF EMPLOYMENT FACILITATES THE ABILITY OF UMA AND CFC TO PROVIDE COMMUNITY MEDICAL SERVICES IN A COST-EFFECTIVE MANNER THAT IS NOT BURDENED BY THE REQUIREMENTS APPLICABLE TO AN ACADEMIC HEALTH SYSTEM. CFC CONTRACTS WITH THE CORPORATION TO PROVIDE MANAGEMENT SERVICES. THE CORPORATION IN TURN SUBCONTRACTS WITH UMA AND, IN SOME INSTANCES, MUHA TO PROVIDE A PORTION OF THE MANAGEMENT SERVICES. IN ADDITION TO THE FORGOING, THE CORPORATION PROVIDES PROFESSIONAL SERVICES BY AND THROUGH EMPLOYED PHYSICIANS. PROFESSIONAL SERVICES ARE PROVIDED TO GEORGETOWN RADIATION THERAPY CENTER, A JOINT VENTURE OWNED BY GEORGETOWN HOSPITAL SYSTEM AND UMA, AND TIDELANDS NEUROSCIENCES, A NEUROSURGERY PRACTICE IN THE GEORGETOWN COUNTY AREA DEVELOPED BY THE CORPORATION, GEORGETOWN HOSPITAL SYSTEM, AND WACCAMAW COMMUNITY HOSPITAL.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Malcolm Eggart MD Physician | 40 | $652,388 | |
Sarah Thurman MD Physician | 40 | $485,000 | |
Deniece Sanders Manager | 40 | $119,772 | |
Gene Hong MD CEO | OfficerTrustee | 1 | $0 |
Andrew Eiseman MD Treasurer | OfficerTrustee | 1 | $0 |
Terrence Steyer MD President | Trustee | 1 | $0 |
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 | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $4,360,156 |
Investment income | $10,121 |
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 | $4,424,727 |
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 | $2,622,420 |
Pension plan accruals and contributions | $50,947 |
Other employee benefits | $736,088 |
Payroll taxes | $238,296 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $5,950 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $207,151 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $37,087 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $4,239 |
Interest | $5,692 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $74,192 |
All other expenses | $0 |
Total functional expenses | $4,316,449 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $204,249 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $143,368 |
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 | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $1,262,685 |
Total assets | $1,610,302 |
Accounts payable and accrued expenses | $472,847 |
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 | $892,938 |
Total liabilities | $1,365,785 |
Net assets without donor restrictions | $0 |
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 | $244,517 |
Total liabilities and net assets/fund balances | $1,610,302 |
Organization Name | Assets | Revenue |
---|---|---|
Houston Healthcare System Inc Warner Robins, GA | $2,831,389 | $10,479,781 |
West Georgia Health Foundation Inc Marietta, GA | $8,141,093 | $4,609,093 |
Trustees Of Medical Services Of Am Inc Empl Health Ben Plan 6 Tr Lexington, SC | $5,490 | $14,210,986 |
Rowan Regional Medical Center Foundation Inc Winston Salem, NC | $63,491,170 | $11,479,503 |
Medical Society Of S C Charleston, SC | $641,115,218 | $16,899,363 |
Forsyth Medical Center Foundation Winston Salem, NC | $87,707,112 | $11,824,054 |
Foundation Of Firsthealth Inc Pinehurst, NC | $97,006,378 | $9,255,156 |
Conway Hospital Emergency Professional Services Conway, SC | $693,381 | $5,206,730 |
Moses Cone-Wesley Long Community Health Foundation Inc Greensboro, NC | $128,321,235 | $23,346,538 |
Gwinnett Hospital System Foundation Inc Lawrenceville, GA | $16,671,809 | $3,369,324 |
Cem Health And Welfare Benefit Trust Matthews, NC | $250,139 | $4,240,274 |
Musc Health Partners Charleston, SC | $1,610,302 | $4,424,727 |