Augusta Medical Group
- Assets
- $6.9m
- Revenue
- $62.5m
- Investments
- $0.0
- Employees
- 551
- Location
- Fishersville, VA
- Founding
- 03/2009
- Data as of
- 12/2021
- EIN
- 26-2559916
Organization Overview
Augusta Medical Group is located in Fishersville, VA. The organization was established in 2009. 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 12/2021, Augusta Medical Group employed 551 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Augusta Medical Group 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 12/2021, Augusta Medical Group generated $62.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.9% each year . All expenses for the organization totaled $88.0m during the year ending 12/2021. While expenses have increased by 10.4% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
COMMUNITY PHYSICIAN PRACTICES OFFERING SERVICES IN SUPPORT OF AUGUSTA HEALTH CARE, INC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AUGUSTA MEDICAL GROUP IS A VIRGINIA NONSTOCK CORPORATION THAT IS ORGANIZED AND OPERATED TO SUPPORT THE CHARITABLE PURPOSES OF AUGUSTA HEALTH CARE, INC. PLEASE SEE THE CONTINUATION OF OUR PROGRAM SERVICE ACCOMPLISHMENTS ON SCHEDULE O.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Glenn Brammer MD Physician | 40 | $1,043,910 | |
Thomas Zumsteg Physician | 40 | $940,664 | |
Clark Bernard MD Physician | 40 | $863,614 | |
Brandi Nicholson Physician | 40 | $689,799 | |
Dave Varma MD Board Member | Trustee | 40 | $668,491 |
Surjya Das Physician | 40 | $623,666 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
State Collection Service Collections | 12/30/21 | $156,987 |
Foundation Radiology Group Radiologists | 12/30/21 | $1,410,552 |
Shenandoah Valley Neurological Medical Physicians | 12/30/21 | $678,880 |
Jackson & Coker Locum Tenens Locum Tenens | 12/30/21 | $584,005 |
All Star Recruiting Locum Tenens | 12/30/21 | $649,467 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $84,201 |
| 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 | $84,201 |
| Total Program Service Revenue | $62,428,253 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $62,512,454 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $10,000 |
| 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. | $2,617,583 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $63,815,803 |
| Pension plan accruals and contributions | $2,129,519 |
| Other employee benefits | $2,868,729 |
| Payroll taxes | $3,325,388 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $500 |
| 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 | $5,498,261 |
| Advertising and promotion | $801 |
| Office expenses | $804,342 |
| Information technology | $426,785 |
| Royalties | $0 |
| Occupancy | $1,557,199 |
| Travel | $39,859 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $306,206 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $155,786 |
| Insurance | $1,488,744 |
| All other expenses | $39,313 |
| Total functional expenses | $88,046,801 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $956,171 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,836,569 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $42,798 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $186,561 |
| Net Land, buildings, and equipment | $916,522 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,000,798 |
| Total assets | $6,939,419 |
| Accounts payable and accrued expenses | $14,564,777 |
| 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 | $196,795,996 |
| Total liabilities | $211,360,773 |
| Net assets without donor restrictions | -$204,421,354 |
| 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 | $6,939,419 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Augusta Medical Group has recieved totaling $84,202.
| Awarding Organization | Amount |
|---|---|
Virginia Health Care Foundation Richmond, VA PURPOSE: Medication Assistance Program | $84,202 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Legacy Healthcare Services Inc Raleigh, NC | $130,717,949 | $129,375,945 |
Augusta Medical Group Fishersville, VA | $6,939,419 | $62,512,454 |
Blue Ridge Healthcare Medical Group Inc Morganton, NC | $29,518,541 | $62,090,684 |
Rural Health Group Inc Roanoke Rapids, NC | $39,335,445 | $53,812,682 |
Health Help Incorporated Richmond, KY | $35,757,243 | $45,414,007 |
Ths Physician Partners Inc South Charleston, WV | $4,628,803 | $23,777,461 |
Johns Hopkins Pediatrics At Home Inc Baltimore, MD | $8,188,669 | $32,041,526 |
Lifeskills Health Services Inc Bowling Green, KY | $5,258,261 | $22,046,211 |
Duke Integrated Network Inc Durham, NC | $2,381,377 | $12,476,427 |
Matthew 25 Aids Services Inc Henderson, KY | $4,907,069 | $17,337,927 |
Ehealth Africa Washington, DC | $6,476,528 | $16,565,082 |
Vine International Inc Knoxville, TN | $268,672 | $13,371,180 |