Temple Faculty Practice Plan Inc

Organization Overview

Temple Faculty Practice Plan Inc is located in Philadelphia, PA. The organization was established in 2019. According to its NTEE Classification (E60) the organization is classified as: Health Support, under the broad grouping of Health Care and related organizations. As of 06/2021, Temple Faculty Practice Plan Inc employed 508 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Temple Faculty Practice Plan 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 06/2021, Temple Faculty Practice Plan Inc generated $341.9m in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $334.4m during the year ending 06/2021. While expenses have increased by 2.6% per year over the past 2 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE MISSION OF TEMPLE FACULTY PRACTICE PLAN, INC. IS TO PROVIDE ACCESS TO THE HIGHEST QUALITY OF CLINICAL CARE TO THE PATIENTS OF NORTH AND NORTHEAST PHILADELPHIA AND SURROUNDING AREAS, AND TO SUPPORT THE CLINICAL, ADMINISTRATIVE, AND CORPORATE ACTIVITIES OF TEMPLE UNIVERSITY HEALTH SYSTEM WHILE CONTINUING TO SUPPORT THE ACADEMIC AND RESEARCH MISSION OF TEMPLE UNIVERSITY'S LEWIS KATZ SCHOOL OF MEDICINE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TEMPLE FACULTY PRACTICE PLAN, INC. (TFPP) IS A NETWORK OF PRIMARY CARE AND SPECIALTY ACADEMIC PHYSICIANS WHO ARE DUALLY EMPLOYED BY TFPP AND THE LEWIS KATZ SCHOOL OF MEDICINE, WHICH IS PART OF TEMPLE UNIVERSITY. TFPP OFFERS PRIMARY CARE SERVICES AS WELL AS SPECIALTY SERVICES TO PATIENTS IN NORTH AND NORTHEAST PHILADELPHIA AND SURROUNDING AREAS, MANY OF WHICH ARE LOCATED IN AREAS DESIGNATED BY THE US DEPARTMENT OF HEALTH AND HUMAN SERVICES AS MEDICALLY UNDERSERVED AREAS / POPULATIONS FOR MEDICAL CARE PROFESSIONALS. TFPP EMPLOYS OR OTHERWISE CONTRACTS WITH APPROXIMATELY 600 PHYSICIANS TO PROVIDE HEALTHCARE SERVICES TO ITS PATIENTS, INCLUDING BOTH INPATIENT AND OUTPATIENT SERVICES OF THE AFFILIATED HOSPITALS OF TEMPLE UNIVERSITY HEALTH SYSTEM (TUHS).


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Temple University Hospital Inc
Management Services
$18,733,993
Fox Chase Cancer Center Medical Group I
Physician Services
$4,679,262
Change Healthcare Technology Enabled Ser
Technology Services
$888,581
Temple University - Of The Commonwealth
Administrative And Professional Services
$2,690,222
Temple Physicians Inc
Physician Services
$2,061,269
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$1,470,000
Government grants $10,189,697
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$11,659,697
Total Program Service Revenue$328,724,317
Investment income $1,500,874
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $11,784
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 $341,896,672

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Temple Faculty Practice Plan Inc has recieved totaling $2,109,121.

Awarding OrganizationAmount
Temple University Hospital Inc

Philadelphia, PA

PURPOSE: GENERAL SUPPORT

$1,470,000
Accessmatters

Philadelphia, PA

PURPOSE: FAMILY PLANNING, SOCIAL SERVICES BLOCK GRANT, MCH BLOCK GRANT, BREAST & CERVICAL CANCER EARLY DETECTION

$639,121
View Grant Recipient Profile

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