Mcv Associated Physicians

Organization Overview

Mcv Associated Physicians, operating under the name Mcv Physicians, is located in Richmond, VA. The organization was established in 1991. 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 06/2021, Mcv Physicians employed 2,416 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mcv 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, Mcv Physicians generated $540.0m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.6% each year. All expenses for the organization totaled $600.6m during the year ending 06/2021. While expenses have increased by 8.9% 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.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

SUPPORTING THE HEALTHCARE NEEDS OF THE COMMUNITY & THE MISSION OF THE VCU SCHOOL OF MEDICINE.

Describe the Organization's Program Activity:

SEE SCHEDULE O


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Virtual Radiologic Corporation
Radiology Services
$1,218,886
Virginia Commonwealth University
Physician Services
$40,546,202
Hayes Locums Llc
Physician Staffing Services
$874,636
Scribe America Llc
Escribe Services
$580,046
Healthcare Construction Management
Construction Services
$436,402
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$43,839,996
Government grants $1,772,017
All other contributions, gifts, grants, and similar amounts not included above$3,904,183
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$49,516,196
Total Program Service Revenue$488,440,803
Investment income $894,456
Tax Exempt Bond Proceeds $0
Royalties $22,459
Net Rental Income $0
Net Gain/Loss on Asset Sales $816,644
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $539,983,630

Grants Awarded

Over the last fiscal year, Mcv Associated Physicians has awarded $7,696,891 in support to 2 organizations.

Grant RecipientAmount

VCU SCHOOL OF MEDICINE

PURPOSE: To support academic mission

$7,611,891

Richmond, VA

PURPOSE: To support mission

$85,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Mcv Associated Physicians has recieved totaling $9,167.

Awarding OrganizationAmount
Muscular Dystrophy Association

Chicago, IL

PURPOSE: MEDICAL DIAGNOSIS

$9,167
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$35,356,889
Earnings$5,868,162
Net Contributions$20,153,127
Other Expense$12,414,111
Ending Balance$48,964,067

Create an account to unlock the data you need.

or