Utah Physicians Quality Care
- Assets
- $501.4k
- Revenue
- $3.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Salt Lake City, UT
- Founding
- Data as of
- 12/2022
- EIN
- 47-4109592
Organization Overview
Utah Physicians Quality Care is located in Salt Lake City, UT. Utah Physicians Quality Care is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2022, Utah Physicians Quality Care generated $3.2m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 8.8% each year. All expenses for the organization totaled $2.9m during the year ending 12/2022. While expenses have increased by 8.3% per year over the past 4 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
UTAH PHYSICIANS QUALITY CARE IS AN AFFORDABLE CARE ORGANIZATION (ACO). ACOS ARE GROUPS OF DOCTORS, HOSPITALS, AND OTHER HEALTH CARE PROVIDERS, WHO COME TOGETHER VOLUNTARILY TO GIVE COORDINATED HIGH-QUALITY CARE TO THEIR MEDICARE PATIENTS. THE GOAL OF COORDINATED CARE IS TO ENSURE THAT PATIENTS GET THE RIGHT CARE AT THE RIGHT TIME, WHILE AVOIDING UNNECESSARY DUPLICATION OF SERVICES AND PREVENTING MEDICAL ERRORS. WHEN AN ACO SUCCEEDS BOTH IN DELIVERING HIGH-QUALITY CARE AND SPENDING HEALTH CARE DOLLARS MORE WISELY, THE ACO WILL SHARE IN THE SAVINGS IT ACHIEVES FOR THE MEDICARE PROGRAM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WHEN AN ACCOUNTABLE CARE ORGANIZATION (ACO) SUCCEEDS BOTH IN DELIVERING HIGH-QUALITY CARE AND SPENDING HEALTH CARE DOLLARS MORE WISELY, THE ACO WILL SHARE IN THE SAVINGS IT ACHIEVES FOR THE MEDICARE PROGRAM. UTAH PHYSICIANS QUALITY CARE EARNED OVER $3.1 MILLION IN 2022 FROM GENERATED SAVINGS FOR MEDICARE.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matthew Walton DO Trustee | Trustee | 1 | $0 |
Brian K Zehnder MD Trustee | Trustee | 1 | $0 |
Joshua L Frame DO Trustee | Trustee | 1 | $0 |
Jeffrey G Ogden MD Trustee | Trustee | 1 | $0 |
Mark D Johnson Trustee | Trustee | 1 | $0 |
Michelle Mcomber CEO | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $83,113 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $3,107,077 |
| 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 | $3,190,190 |
| Total Program Service Revenue | $0 |
| Investment income | $236 |
| 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 | $3,190,426 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $140,761 |
| 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 | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $2,942,915 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $487,744 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $13,692 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $501,436 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $501,436 |
| 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 | $501,436 |