Phoebe Physician Group Inc
- Assets
- $41.8m
- Revenue
- $223.6m
- Investments
- $0.0
- Employees
- 1,167
- Location
- Albany, GA
- Founding
- 09/2012
- Data as of
- 07/2023
- EIN
- 26-3792403
Organization Overview
Phoebe Physician Group Inc is located in Albany, GA. The organization was established in 2012. According to its NTEE Classification (E99) the organization is classified as: Health Care N.E.C., under the broad grouping of Health Care and related organizations. As of 07/2023, Phoebe Physician Group Inc employed 1,167 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Phoebe Physician Group 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 07/2023, Phoebe Physician Group Inc generated $223.6m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $223.6m during the year ending 07/2023. While expenses have increased by 4.0% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
WE EMPOWER EVERY MEMBER OF THE PHOEBE FAMILY TO SAFEGUARD THE HEALTH OF OUR COMMUNITIES - EMBRACING A CULTURE THAT DELIVERS GREAT PATIENT EXPERIENCES, INNOVATIVE TREATMENTS, AND ACCESS TO SUPERIOR CARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION ORGANIZES AND OPERATES MEDICAL PRACTICES TO ENSURE ACCESS TO HEALTHCARE DELIVERY FOR THE CITIZENS OF SOUTHWEST GEORGIA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chirag Jani MD Board Mbr/ph | Trustee | 41 | $1,842,489 |
Daniel Martin MD Board Mbr/ph | Trustee | 41 | $1,648,017 |
Jose Tongol MD Physician | 40 | $1,617,446 | |
John Fennessy MD Physician | 40 | $1,557,880 | |
Scott Steiner Bd Mem/pphs | OfficerTrustee | 1 | $0 |
Lamar Houston Moree Jr MD Vice-Chair/p | OfficerTrustee | 51 | $1,382,335 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Nationwide Anesthesia Services Inc Anesthesiology | 7/30/23 | $1,485,063 |
Berkley Research Group Llc Consulting | 7/30/23 | $1,087,978 |
Healthcare Workforce Logistics Medical Staff | 7/30/23 | $7,825,355 |
Radiology Associates Medical Service | 7/30/23 | $1,021,429 |
William Thomas Garrett Md Llc Medical Svcs | 7/30/23 | $740,000 |
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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $98,585,959 |
| Investment income | $40,082 |
| 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 | $223,583,288 |
| 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. | $9,422,443 |
| Compensation of current officers, directors, key employees. | $352,481 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $139,030,741 |
| Pension plan accruals and contributions | $2,603,236 |
| Other employee benefits | $12,434,175 |
| Payroll taxes | $6,568,278 |
| Fees for services: Management | $0 |
| Fees for services: Legal | -$2,857,732 |
| 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 | $34,478,784 |
| Advertising and promotion | $44,680 |
| Office expenses | $891,632 |
| Information technology | $249,856 |
| Royalties | $0 |
| Occupancy | $1,161,664 |
| Travel | $799,297 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $575,929 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,248,875 |
| Insurance | $8,178,219 |
| All other expenses | $142,833 |
| Total functional expenses | $223,583,288 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,301,529 |
| Savings and temporary cash investments | $6,234,977 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $7,762,398 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $1,611,025 |
| Inventories for sale or use | $13,201 |
| Prepaid expenses and deferred charges | $189,686 |
| Net Land, buildings, and equipment | $18,046,142 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $1,187,811 |
| Other assets | $4,493,707 |
| Total assets | $41,840,476 |
| Accounts payable and accrued expenses | $25,771,428 |
| 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 | $18,462,285 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $44,233,713 |
| Net assets without donor restrictions | -$2,393,237 |
| 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 | $41,840,476 |