Jefferson University Physicians
- Assets
- $187.5m
- Revenue
- $476.8m
- Investments
- $0.0
- Employees
- 2,606
- Location
- Philadelphia, PA
- Founding
- 10/1995
- Data as of
- 06/2021
- EIN
- 23-2809585
Organization Overview
Jefferson University Physicians is located in Philadelphia, PA. The organization was established in 1995. 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 06/2021, Jefferson University Physicians employed 2,606 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jefferson University 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 06/2021, Jefferson University Physicians generated $476.8m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $504.8m during the year ending 06/2021. While expenses have increased by 3.1% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE PHYSICIAN SERVICES AND TO SUPPORT THE MEDICAL, EDUCATIONAL AND RESEARCH MISSION OF THOMAS JEFFERSON UNIVERSITY AND JEFFERSON HEALTH.
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 AND IN FURTHERANCE OF THE CHARITABLE AND EDUCATIONAL PURPOSES OF THOMAS JEFFERSON UNIVERSITY AND JEFFERSON HEALTH AFFILIATES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stavropoula Tjoumakaris MD Physician & Tju Professor | 55 | $1,540,429 | |
Jack Jallo MD PHD Physician & Tju Professor | 55 | $1,526,467 | |
Srinivas Prasad MD Ms Physician & Tju Professor | 55 | $1,506,988 | |
James S Harrop MD Physician & Tju Professor | 55 | $1,499,278 | |
Charles J Yeo MD Facs Director | Trustee | 55 | $796,879 |
Gregory Kane MD Director | Trustee | 55 | $287,991 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Canuso Jorden Inc Construction | 6/29/21 | $1,231,025 |
National Jewish Health Medical | 6/29/21 | $825,000 |
Virtual Radiologic Profession Medical | 6/29/21 | $4,624,630 |
Heart Center Of Philadelphia Pc Medical | 6/29/21 | $2,656,584 |
Thomas Jefferson University Corporate Services | 6/29/21 | $36,355,267 |
Financial Statements
| 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 | $4,600 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,600 |
| Total Program Service Revenue | $474,301,409 |
| Investment income | $323,534 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,180,144 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $476,809,687 |
| 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. | $1,309,924 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $341,476,837 |
| Pension plan accruals and contributions | $6,203,669 |
| Other employee benefits | $23,960,981 |
| Payroll taxes | $14,176,729 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $542,669 |
| Fees for services: Accounting | $98,555 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $18,712,298 |
| Advertising and promotion | $897,853 |
| Office expenses | $2,647,340 |
| Information technology | $3,599,357 |
| Royalties | $0 |
| Occupancy | $9,502,537 |
| Travel | $592,370 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $170,124 |
| Interest | $23,708 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,192,829 |
| Insurance | $28,523,626 |
| All other expenses | $3,005,951 |
| Total functional expenses | $504,823,945 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,433,789 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $30,502,686 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $170,000 |
| Prepaid expenses and deferred charges | $315,499 |
| Net Land, buildings, and equipment | $17,123,773 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $46,874,432 |
| Intangible assets | $137,579 |
| Other assets | $87,990,313 |
| Total assets | $187,548,071 |
| Accounts payable and accrued expenses | $54,123,380 |
| Grants payable | $0 |
| Deferred revenue | $735,145 |
| 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 | $219 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $222,603,026 |
| Total liabilities | $277,461,770 |
| Net assets without donor restrictions | -$89,913,699 |
| 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 | $187,548,071 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Jefferson University Physicians has recieved totaling $180,000.
| Awarding Organization | Amount |
|---|---|
Cambia Health Foundation Portland, OR PURPOSE: SOJOURNS | $90,000 |
Cambia Health Foundation Portland, OR PURPOSE: SOJOURNS | $90,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Nyc School Support Services Inc New York, NY | $89,153,904 | $637,449,387 |
Jefferson University Physicians Philadelphia, PA | $187,548,071 | $476,809,687 |
Research Foundation Of The City University Of New York New York, NY | $439,317,076 | $501,643,850 |
Ohio State University Foundation Columbus, OH | $1,631,201,845 | $350,432,065 |
New York University In Abu Dhabi Corporation New York, NY | $8,480,173 | $220,364,326 |
Rutgers University Foundation New Brunswick, NJ | $149,036,870 | $173,496,480 |
Wilkes University Wilkes Barre, PA | $232,735,413 | $139,424,489 |
U B Foundation Activities Inc Buffalo, NY | $144,841,745 | $102,321,519 |
West Virginia Univ Foundation Inc Morgantown, WV | $1,952,164,791 | $155,430,683 |
University Of Maryland College Park Foundation Inc College Park, MD | $869,831,500 | $109,216,276 |
Stony Brook Foundation Inc Stony Brook, NY | $732,698,663 | $129,247,386 |
University At Buffalo Foundation Inc Buffalo, NY | $1,104,161,290 | $45,943,366 |