University Healthcare Physicians Inc
- Assets
- $0.0
- Revenue
- $98.3m
- Investments
- $0.0
- Employees
- 568
- Location
- Martinsburg, WV
- Founding
- 08/2014
- Data as of
- 12/2022
- EIN
- 90-0893455
Organization Overview
University Healthcare Physicians Inc is located in Martinsburg, WV. The organization was established in 2014. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 12/2022, University Healthcare Physicians Inc employed 568 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. University Healthcare 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 12/2022, University Healthcare Physicians Inc generated $98.3m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 10.1% each year . All expenses for the organization totaled $98.4m during the year ending 12/2022. While expenses have increased by 10.1% per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO IMPROVE THE HEALTH OF EASTERN PANHANDLE RESIDENTS THROUGH EXCELLENCE IN HEALTH PROFESSIONS EDUCATION, COMMUNITY SERVICE, RESEARCH, AND ACCESSIBLE PATIENT-CENTERED HEALTH CARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CORPORATION SUPPORTED FACULTY PHYSICIANS OF THE WEST VIRGINIA SCHOOL OF MEDICINE IN THEIR PROVISION OF MEDICAL SERVICES WITH APPROXIMATELY 295,826 PATIENT VISITS DURING 2022. THE CORPORATION CONTINUOUSLY MEETS ITS EXEMPT PURPOSE BY PROVIDING FUNDS TO THE STATE-SUPPORTED WEST VIRGINIA UNIVERSITY SCHOOL OF MEDICINE. BY PROVIDING THESE FUNDS, THE CORPORATION HAS BOTH LESSENED THE BURDENS TO GOVERNMENT AND ADVANCED GRADUATE MEDICAL EDUCATION IN WEST VIRGINIA. AS PART OF ITS MISSION TO SUPPORT THE SCHOOL OF MEDICINE, THE CORPORATION INCURRED EXPENDITURES FOR PROFESSIONAL LIABILITY PREMIUMS ON BEHALF OF THE FACULTY PHYSICIANS OF THE SCHOOL OF MEDICINE. THE CORPORATION HAS ALSO LESSENED THE BURDENS ON GOVERNMENT BY RELIEVING POVERTY IN WEST VIRGINIA BY SUPPORTING THE FACULTY PHYSICIANS IN THEIR PROVISION OF CHARITY CARE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vivek Padha MD Physician | 40 | $934,407 | |
Garth Wright MD Physician | 40 | $807,714 | |
John Blanco MD Physician | 40 | $830,611 | |
Thomas Alewine MD Physician | 40 | $780,050 | |
Dwight Kemp DO Physician | 40 | $681,503 | |
Michael Edmond Chief Medical Officer | Officer | 40 | $622,447 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Sycamore Physician Contracting Llc Physician Services | 12/30/22 | $839,876 |
Weatherby Locums Physician Services | 12/30/22 | $705,595 |
Craft Md Llc Physician Services | 12/30/22 | $637,221 |
Chg Companies Inc Physician Services | 12/30/22 | $360,471 |
Barton & Associates Inc Physician Services | 12/30/22 | $348,333 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $488,657 |
| 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 | $488,657 |
| Total Program Service Revenue | $97,551,254 |
| Investment income | $2 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $238,053 |
| 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 | $98,305,940 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,893,551 |
| 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. | $3,953,385 |
| Compensation of current officers, directors, key employees. | $337,570 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $54,438,601 |
| Pension plan accruals and contributions | $1,471,837 |
| Other employee benefits | $6,543,145 |
| Payroll taxes | $1,605,092 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $288 |
| Fees for services: Accounting | $54,063 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,355,447 |
| Advertising and promotion | $1,912 |
| Office expenses | $892,180 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,824,633 |
| Travel | $36,400 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $7,545 |
| Interest | $574,251 |
| Payments to affiliates | $7,542,021 |
| Depreciation, depletion, and amortization | $895,939 |
| Insurance | $1,141,758 |
| All other expenses | $815,086 |
| Total functional expenses | $98,394,352 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $0 |