Inspira Health Network Medical Group Pc is located in Mullica Hill, NJ. 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 12/2023, Inspira Health Network Medical Group Pc employed 243 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Inspira Health Network Medical Group Pc 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 12/2023, Inspira Health Network Medical Group Pc generated $76.2m in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 10.3% each year . All expenses for the organization totaled $115.8m during the year ending 12/2023. While expenses have increased by 16.1% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE A SAFE AND COMPASSIONATE EXPERIENCE THAT IMPROVES THE HEALTH AND WELL-BEING OF OUR COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EXPENSES INCURRED IN PROVIDING PHYSICIAN SERVICES, PRACTICING MEDICINE AND SURGERY THROUGH DULY LICENSED PHYSICIANS AND SURGEONS IN A MANNER BENEFICIAL TO THE COMMUNITY. THE ORGANIZATION SUPPORTS THE CHARITABLE PURPOSES, PROGRAMS AND SERVICES OF THE NETWORK; PRIMARILY ITS TAX-EXEMPT ACUTE CARE HOSPITALS, WHICH PROVIDE MEDICALLY NECESSARY HEALTHCARE SERVICES TO ALL INDIVIDUALS IN A NON-DISCRIMINATORY MANNER REGARDLESS OF RACE, COLOR, CREED, SEX, NATIONAL ORIGIN, RELIGION OR ABILITY TO PAY.
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
| Timothy S Pilla MD Vascular Surgeon | 55 | $1,167,859 | |
| Thomas P Baldosaro CPA Fromer Officer | 55 | $0 | |
| Kurt W Kaulback MD Cardiologist | 55 | $839,883 | |
| Erev Tubb MD Oncologist | 55 | $851,038 | |
| Craig Bober MD Physician | 55 | $799,386 | |
| Ashfaque Unwala MD Cardiologist | 55 | $785,172 | 
| Vendor Name (Service) | Service Year | Compensation | 
|---|---|---|
| Huron Consulting Services Llc Consulting | 12/30/23 | $1,979,933 | 
| Trustees Of The University Of Pa Medical | 12/30/23 | $1,794,479 | 
| Dimarino-kroop-prieto Gi Medical | 12/30/23 | $1,741,928 | 
| Cooper University Physicians Medical | 12/30/23 | $765,983 | 
| Hayes Locums Llc Staffing | 12/30/23 | $679,299 | 
| 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 | $76,090,379 | 
| Investment income | $0 | 
| Tax Exempt Bond Proceeds | $0 | 
| Royalties | $0 | 
| Net Rental Income | $84,208 | 
| 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 | $76,174,587 | 
| 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. | $459,697 | 
| Compensation of current officers, directors, key employees. | $45,970 | 
| Compensation to disqualified persons | $0 | 
| Other salaries and wages | $55,255,012 | 
| Pension plan accruals and contributions | $3,039,147 | 
| Other employee benefits | $2,437,654 | 
| Payroll taxes | $3,083,713 | 
| Fees for services: Management | $0 | 
| Fees for services: Legal | $0 | 
| Fees for services: Accounting | $0 | 
| Fees for services: Lobbying | $0 | 
| Fees for services: Fundraising | $0 | 
| Fees for services: Investment Management | $0 | 
| Fees for services: Other | $33,866,183 | 
| Advertising and promotion | $22,520 | 
| Office expenses | $1,677,046 | 
| Information technology | $54,742 | 
| Royalties | $0 | 
| Occupancy | $5,380,098 | 
| Travel | $220,884 | 
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 | 
| Conferences, conventions, and meetings | $0 | 
| Interest | $0 | 
| Payments to affiliates | $0 | 
| Depreciation, depletion, and amortization | $1,237,404 | 
| Insurance | $3,939,134 | 
| All other expenses | $256,801 | 
| Total functional expenses | $115,814,087 | 
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,052,370 | 
| Savings and temporary cash investments | $0 | 
| Pledges and grants receivable | $0 | 
| Accounts receivable, net | $5,061,380 | 
| 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 | $655,969 | 
| Net Land, buildings, and equipment | $5,593,408 | 
| Investments—publicly traded securities | $0 | 
| Investments—other securities | $181,006 | 
| Investments—program-related | $0 | 
| Intangible assets | $196,038 | 
| Other assets | $7,798,635 | 
| Total assets | $23,538,806 | 
| Accounts payable and accrued expenses | $15,733,996 | 
| 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 | $33,316,246 | 
| Total liabilities | $49,050,242 | 
| Net assets without donor restrictions | -$25,511,436 | 
| 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 | $23,538,806 |