Deaconess Specialty Physicians Inc is located in Evansville, IN. According to its NTEE Classification (E32) the organization is classified as: Community Clinics, under the broad grouping of Health Care and related organizations. As of 09/2023, Deaconess Specialty Physicians Inc employed 198 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Deaconess Specialty 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 09/2023, Deaconess Specialty Physicians Inc generated $21.2m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 6.9% each year. All expenses for the organization totaled $36.7m during the year ending 09/2023. While expenses have increased by 4.9% per year over the past 4 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO DELIVER HEALTH CARE AND MEDICAL SERVICES TO THE PUBLIC; TO CARRY OUT SCIENTIFIC RESEARCH AND RESEARCH PROJECTS IN THE PUBLIC INTEREST IN THE FIELDS OF MEDICAL SCIENCES, MEDICAL ECONOMICS, PUBLIC HEALTH, SOCIOLOGY, AND RELATED AREAS; TO IMPROVE AND DEVELOP THE CAPABILITIES OF INDIVIDUALS AND INSTITUTIONS STUDYING, TEACHING, AND PRACTICING MEDICINE AND OTHER HEALTH CARE OCCUPATIONS; TO PROVIDE HEALTH CARE, MEDICAL SERVICES AND HEALTH-RELATED EDUCATION FOR THE BENEFIT OF THE COMMUNITY IN A SYSTEMATIC, INTEGRATED AND COORDINATED FASHION WITH THE DEACONESS HEALTH SYSTEM AND DEACONESS HOSPITAL, INC. AND THEIR AFFILIATES; TO ENGAGE IN THE INSTRUCTION OF THE GENERAL PUBLIC IN THE AREA OF MEDICAL SCIENCE, PUBLIC HEALTH, AND HYGIENE AND RELATED INSTRUCTION USEFUL TO THE INDIVIDUAL AND BENEFICIAL TO THE COMMUNITY; TO CONDUCT OTHER ACTIVITIES USEFUL OR APPROPRIATE TO THE ACCOMPLISHMENT OF THE FOREGOING PURPOSES OR AS OTHERWISE PERMITTED BY LAW.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PATIENT SERVICE REVENUE - DEACONESS SPECIALTY PHYSICIANS(DSP) IS A MAJOR SOURCE OF MEDICAL SERVICE WITH THE EXPERTISE OF HEART CARE. DEACONESS SPECIALTY PHYSICIANS EMPLOYS 24 PHYSICIANS, 20 MID-LEVEL PROVIDERS, AND 107 FULL TIME NURSING AND ADMINISTRATIVE FULL TIME EQUIVALENTS. DEACONESS SPECIALTY PHYSICIANS SERVES A 25-COUNTY TRISTATE AREA IN SOUTHWESTERN INDIANA, WESTERN KENTUCKY, AND SOUTHEASTERN ILLINOIS. DSP AND ITS FACILITIES HAVE LOCATIONS IN EVANSVILLE, NEWBURGH, PRINCETON, VINCENNES, AND JASPER IN INDIANA. DSP AND ITS FACILITIES ALSO HAS LOCATIONS IN HENDERSON AND OWENSBORO IN KENTUCKY AND RURAL UNDERSERVED COMMUNITIES OF CARMI, ELDORADO, FAIRFIELD, MCLEANSBORO, OLNEY, AND MT. CARMEL IN ILLINOIS. THE LOCATIONS SERVED 188,364 PATIENT VISITS FROM OCTOBER 1, 2022 THROUGH SEPTEMBER 30, 2023.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Dr Bradley Scheu President | OfficerTrustee | 5 | $0 |
Dr James Porter Vice President | OfficerTrustee | 5 | $0 |
Cheryl Wathen Secretary | OfficerTrustee | 1 | $0 |
Hoang Tran MD Physician | 50 | $1,224,359 | |
James Neahring MD Physician | 50 | $1,062,401 | |
Chandrashekar Kumbar MD Physician | 50 | $1,118,096 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Marlon Jordan Physician Services | 9/29/22 | $297,522 |
Richard Wepsic Physician Services | 9/29/22 | $102,563 |
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 | $21,198,750 |
Investment income | $1,722 |
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 | $21,200,472 |
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 | $26,580,621 |
Pension plan accruals and contributions | $969,254 |
Other employee benefits | $1,966,255 |
Payroll taxes | $1,206,223 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $662,724 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $2,661,081 |
Advertising and promotion | $51,887 |
Office expenses | $170,577 |
Information technology | $63,600 |
Royalties | $0 |
Occupancy | $1,253,201 |
Travel | $70,808 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $174,017 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $511,167 |
Insurance | $370,677 |
All other expenses | $0 |
Total functional expenses | $36,712,092 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $1,740,392 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $1,393,080 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $119,880 |
Net Land, buildings, and equipment | $2,964,351 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $585,059 |
Other assets | $7,825,446 |
Total assets | $14,628,208 |
Accounts payable and accrued expenses | $7,951,417 |
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 | $5,650,467 |
Total liabilities | $13,601,884 |
Net assets without donor restrictions | $1,026,324 |
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 | $14,628,208 |