Partners Physician Group
- Assets
- $14.8m
- Revenue
- $75.7m
- Investments
- $0.0
- Employees
- 163
- Location
- Independence, OH
- Founding
- 10/1928
- Data as of
- 12/2015
- EIN
- 34-1843403
Organization Overview
Partners Physician Group is located in Independence, OH. The organization was established in 1928. According to its NTEE Classification (E30) the organization is classified as: Ambulatory & Primary Health Care, under the broad grouping of Health Care and related organizations. As of 12/2021, Partners Physician Group employed 163 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Partners Physician Group is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2015
Describe the Organization's Mission:
Part 3 - Line 1
TO IMPROVE THE HEALTH AND LIVES OF THE PEOPLE AND COMMUNITIES WE SERVE.
Describe the Organization's Program Activity:
PARTNERS PHYSICIAN GROUP (PPG) PROMOTES THE HEALTH OF THE COMMUNITY IT SERVES THROUGH A NETWORK OF COMMUNITY BASED PHYSICIAN PRACTICES AND MEDICAL CLINICS.MEMBERS OF THE STAFF OF PPG PARTICIPATE IN TEACHING PROGRAMS AT AKRON GENERAL MEDICAL CENTER. MEMBERS OF THE STAFF ALSO ARE REGULARLY ENGAGED IN TEACHING IN THE MEDICAL SCHOOL PROGRAM OF NORTHEAST OHIO MEDICAL UNIVERSITY. IN ADDITION, MEMBERS OF THE STAFF OF PPG HOLD VARIOUS POSITIONS ON COMMITTEES OF AKRON GENERAL MEDICAL CENTER AND THE PARENT AKRON GENERAL HEALTH SYSTEM. PPG PROVIDES DISCOUNTED CARE TO PATIENTS WHO MEET THE CRITERIA OF ITS CHARITY CARE POLICY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Costas Apostolis MD Physician | 50 | $818,327 | |
Robert Schweikert MD Physician | 50 | $779,449 | |
Wiliam Lanzinger MD Physician | 50 | $775,003 | |
Anthony Kantaras MD Physician | 50 | $742,103 | |
Charudutt Paranjape MD Physician | 50 | $724,213 | |
Jordan Grossman MD Director | Trustee | 50 | $589,820 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Per-se Technologies Billing Services | 12/30/15 | $3,311,827 |
Akron Plastic Surgeons Llc Plastic Services | 12/30/15 | $4,592,518 |
Western Reserve Professional Group Spine & Pain Services | 12/30/15 | $3,681,368 |
Center For Urologic Health Llc Urology Services | 12/30/15 | $11,311,809 |
Internal Medicine Of Akron Internal Medicine Services | 12/30/15 | $2,661,033 |
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 | $75,324,249 |
| Investment income | $1,835 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $2,970 |
| Net Gain/Loss on Asset Sales | -$54,746 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $75,708,138 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,380 |
| 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. | $3,945,663 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $71,776,245 |
| Pension plan accruals and contributions | $2,107,437 |
| Other employee benefits | $5,640,251 |
| Payroll taxes | $2,842,895 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $24,316 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $6,557,420 |
| Advertising and promotion | $577,176 |
| Office expenses | $2,246,356 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $5,390,977 |
| Travel | $102,004 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $270,670 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $622,091 |
| Insurance | $2,385,587 |
| All other expenses | $466,303 |
| Total functional expenses | $113,434,517 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,112,102 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $6,380,375 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $117,457 |
| Prepaid expenses and deferred charges | $812,568 |
| Net Land, buildings, and equipment | $2,869,332 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $106,690 |
| Other assets | $3,398,384 |
| Total assets | $14,796,908 |
| Accounts payable and accrued expenses | $8,702,145 |
| 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 | $5,745,393 |
| Total liabilities | $14,447,538 |
| Unrestricted restricted net Assets | $349,370 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $349,370 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Partners Physician Group has recieved totaling $13,726.
| Awarding Organization | Amount |
|---|---|
Akron General Foundation Akron, OH PURPOSE: HEALTH CARE | $13,726 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Delta Dental Plan Of Michigan Okemos, MI | $855,270,608 | $992,190,042 |
Baptist Health Medical Group Inc Louisville, KY | $171,626,728 | $559,689,949 |
Community Medical Associates Inc Louisville, KY | $72,616,390 | $515,224,331 |
Akron General Medical Center Independence, OH | $455,703,059 | $599,002,653 |
Promedica Central Physicians Llc Toledo, OH | $488,163,951 | $342,138,335 |
Alliance Physicians Inc Miamisburg, OH | $63,242,890 | $270,830,084 |
Iha Health Services Corporation Ann Arbor, MI | $279,537,655 | $382,891,181 |
Pinnacle Health Medical Services Harrisburg, PA | $62,082,359 | $358,432,911 |
Main Line Healthcare Newtown Square, PA | $118,136,702 | $349,358,338 |
University Of Louisville Physicians Inc Louisville, KY | $142,554,326 | $292,132,120 |
Indiana University Health North Hospital Inc Indianapolis, IN | $524,444,485 | $369,136,756 |
Clinical Care Associates Of The University Of Pennsylvania Health Bala Cynwyd, PA | $70,443,492 | $209,271,901 |