Association Of University Physicians
- Assets
- $230.7m
- Revenue
- $438.1m
- Investments
- $0.0
- Employees
- 1,751
- Location
- Seattle, WA
- Founding
- 12/1993
- Data as of
- 06/2022
- EIN
- 91-1220843
Organization Overview
Association Of University Physicians, operating under the name Uw Physicians, is located in Seattle, WA. The organization was established in 1993. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. As of 06/2022, Uw Physicians employed 1,751 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Uw Physicians 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 06/2022, Uw Physicians generated $438.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.4% each year. All expenses for the organization totaled $397.1m during the year ending 06/2022. While expenses have increased by 7.8% per year over the past 7 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
PRACTICE PLAN FOR THE UNIVERSITY OF WASHINGTON SCHOOL OF MEDICINE ("UWSOM") FACULTY PHYSICIANS AND NON-PHYSICIAN PRACTITIONERS THAT PROVIDES SUBSTANTIAL SUPPORT TO THE UWSOM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PHYSICIANS AND OTHER HEALTH CARE PRACTITIONERS OF THE ASSOCIATION OF UNIVERSITY PHYSICIANS (TOGETHER, "UWP PRACTITIONERS") PROVIDE CLINICAL CARE AT UNIVERSITY OF WASHINGTON OWNED, OPERATED, AND AFFILIATED FACILITIES. UWP PRACTITIONERS ARE REQUIRED TO BE FACULTY MEMBERS OF THE UNIVERSITY OF WASHINGTON SCHOOL OF MEDICINE AS A CONDITION OF PRACTICE PLAN MEMBERSHIP AND PRACTICE ONLY AT SITES APPROVED BY THE CEO OF UW MEDICINE, EVP FOR MEDICAL AFFAIRS AND DEAN OF THE UWSOM (UW MEDICINE CEO). UWP PRACTITIONERS ALSO PROVIDE CLINICAL CARE IN OTHER LOCAL AND NATIONAL COMMUNITY SETTINGS AS APPROVED BY THE UW MEDICINE CEO. THESE ACTIVITIES INCREASE COMMUNITY ACCESS TO SPECIALIST AND SUB-SPECIALIST CLINICAL CARE AND EXPERTISE, PROVIDE PRIMARY CARE IN COMMUNITIES THAT MAY NOT HAVE SUFFICIENT LOCAL RESOURCES, AND HELP TO ASSURE SUFFICIENT PRACTICE SITES AND PATIENT POPULATIONS TO MAINTAIN THE UWSOM TEACHING AND RESEARCH ACTIVITIES. PURSUANT TO AN OPERATING AGREEMENT BETWEEN THE ASSOCIATION OF UNIVERSITY PHYSICIANS ("UWP") AND THE UNIVERSITY OF WASHINGTON BOARD OF REGENTS, ALL UWP REVENUES IN EXCESS OF ITS OPERATING EXPENSES AND PHYSICIAN COMPENSATION ARE HELD IN AN ACADEMIC SUPPORT FUND SOLELY FOR THE SUPPORT OF THE UWSOM. THE UW MEDICINE CEO CONTROLS ALL PHYSICIAN COMPENSATION BY UWP AND HIS APPROVAL IS REQUIRED FOR THE SIGNIFICANT ACTIONS OF THE UWP BOARD OF TRUSTEES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Geoffrey Baird MD PHD Trustee | Trustee | 40 | $121,476 |
Howard Chansky MD Trustee | Trustee | 40 | $409,176 |
Timothy Dellit MD President | OfficerTrustee | 40 | $294,728 |
Richard Ellenbogen MD Trustee | Trustee | 40 | $564,826 |
Peter Esselman MD Trustee | Trustee | 40 | $32,836 |
Neal Futran MD Trustee | Trustee | 40 | $287,556 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Adp Inc Payroll Services | 6/29/22 | $177,936 |
Fi-med Management Inc Medical Billing Service | 6/29/22 | $133,200 |
Fiducent Advisors Llc Investment Advisory Services | 6/29/22 | $106,603 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,183,612 |
| 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 | $1,183,612 |
| Total Program Service Revenue | $415,868,219 |
| Investment income | $7,020,461 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $13,985,215 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $438,057,507 |
| 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. | $9,197,813 |
| Compensation of current officers, directors, key employees. | $858,766 |
| Compensation to disqualified persons | $1,193,514 |
| Other salaries and wages | $232,555,139 |
| Pension plan accruals and contributions | $14,947,587 |
| Other employee benefits | $3,977,435 |
| Payroll taxes | $8,030,158 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $8,419 |
| Fees for services: Accounting | $75,065 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $192,388 |
| Fees for services: Other | $28,387,030 |
| Advertising and promotion | $0 |
| Office expenses | $262,662 |
| Information technology | $5,306,883 |
| Royalties | $0 |
| Occupancy | $374,885 |
| Travel | $12,883 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $39,781 |
| Interest | $88,618 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,578,143 |
| Insurance | $11,332,760 |
| All other expenses | $1,251,141 |
| Total functional expenses | $397,071,040 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $612,760 |
| Savings and temporary cash investments | $65,489,465 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $10,883,480 |
| 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 | $271,414 |
| Net Land, buildings, and equipment | $882,806 |
| Investments—publicly traded securities | $149,265,297 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,256,729 |
| Total assets | $230,661,951 |
| Accounts payable and accrued expenses | $27,544,847 |
| Grants payable | $0 |
| Deferred revenue | $125,017 |
| 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 | $202,992,087 |
| Total liabilities | $230,661,951 |
| 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 | $230,661,951 |