Poudre Valley Medical Group Llc
- Assets
- $73.2m
- Revenue
- $598.5m
- Investments
- $0.0
- Employees
- 3,499
- Location
- Fort Collins, CO
- Founding
- 06/2017
- Data as of
- 06/2021
- EIN
- 80-0348943
Organization Overview
Poudre Valley Medical Group Llc, operating under the name Uchealth Medical Group, is located in Fort Collins, CO. The organization was established in 2017. According to its NTEE Classification (E32) the organization is classified as: Community Clinics, under the broad grouping of Health Care and related organizations. As of 06/2021, Uchealth Medical Group employed 3,499 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Uchealth 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 06/2021, Uchealth Medical Group generated $598.5m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 10.2% each year . All expenses for the organization totaled $722.0m during the year ending 06/2021. While expenses have increased by 9.6% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
WE IMPROVE LIVES. IN BIG WAYS THROUGH LEARNING, HEALING AND DISCOVERY. IN SMALL, PERSONAL WAYS THROUGH HUMAN CONNECTION. BUT IN ALL WAYS, WE IMPROVE LIVES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
UCHEALTH MEDICAL GROUP (UCHMG) OPERATES MORE THAN 280 CLINICS ACROSS COLORADO, NEBRASKA AND WYOMING. UCHMG PROVIDES A FULL CONTINUUM OF MEDICAL CARE THROUGH AN INTEGRATED, MULTI-SPECIALTY PHYSICIAN GROUP. IN FISICAL YEAR 2021, THE GROUP HAD 2,002,507 OUTPATIENT VISITS AND 208,102 URGENT CARE VISITS. AT YEAR-END, UCHMG WAS COMPRISED OF MORE THAN 565 EMPLOYED PHYSICIANS AND 350 ADVANCED PRACTICE PROVIDERS REPRESENTING 48 SPECIALTIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hans Coester Medical Director | 40 | $1,987,724 | |
Peter Walinsky Physician | 40 | $1,577,959 | |
Frederic Deleyiannis Physician | 40 | $1,464,288 | |
Joshua Petit Physician | 40 | $1,443,026 | |
Arthur Liu Physician | 40 | $1,395,488 | |
Dr Mike Randle President And CEO | Officer | 40 | $750,291 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Weatherby Locums Inc Medical | 6/29/21 | $1,487,895 |
Aspen Creek Medical Associates Medical | 6/29/21 | $2,712,809 |
American Health Staffing Group Medical | 6/29/21 | $1,374,398 |
Health Carousel Llc Medical | 6/29/21 | $1,129,994 |
University Physicians Inc Medical | 6/29/21 | $4,342,936 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $115,357,444 |
| Government grants | $9,903,904 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,980 |
| Noncash contributions included in lines 1a–1f | $3,980 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $125,265,328 |
| Total Program Service Revenue | $473,354,517 |
| Investment income | $110,790 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$223,976 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $598,506,659 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,817,479 |
| 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. | $4,109,370 |
| Compensation of current officers, directors, key employees. | $2,796,345 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $459,065,380 |
| Pension plan accruals and contributions | $18,350,267 |
| Other employee benefits | $49,285,845 |
| Payroll taxes | $5,639,521 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $363,924 |
| Fees for services: Accounting | $66,826 |
| Fees for services: Lobbying | $20,402 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $24,463,742 |
| Advertising and promotion | $2,714,926 |
| Office expenses | $3,249,351 |
| Information technology | $6,294,266 |
| Royalties | $0 |
| Occupancy | $35,337,116 |
| Travel | $610,358 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $14,083,092 |
| Interest | $3,642,478 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $12,956,099 |
| Insurance | $4,615,998 |
| All other expenses | $4,752,369 |
| Total functional expenses | $721,967,642 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $38,450 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $35,466,277 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $443,685 |
| Prepaid expenses and deferred charges | $816,256 |
| Net Land, buildings, and equipment | $34,778,571 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,658,805 |
| Total assets | $73,202,044 |
| Accounts payable and accrued expenses | $93,410,720 |
| 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 | $628,143,022 |
| Total liabilities | $721,553,742 |
| Net assets without donor restrictions | -$648,351,698 |
| 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 | $73,202,044 |
Grants Awarded
Over the last fiscal year, Poudre Valley Medical Group Llc has awarded $3,757,798 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF COLORADO SCHOOL OF MEDICINE PURPOSE: COMMUNITY HEALTHCARE | $3,709,486 |
FRONT RANGE COMMUNITY COLLEGE PURPOSE: COMMUNITY HEALTHCARE | $13,176 |
Estes Park, CO PURPOSE: COMMUNITY HEALTHCARE | $11,858 |
CITY OF FORT COLLINS PURPOSE: COMMUNITY HEALTHCARE | $10,541 |
Denver, CO PURPOSE: COMMUNITY HEALTHCARE | $7,298 |
Loveland, CO PURPOSE: COMMUNITY HEALTHCARE | $5,439 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Poudre Valley Medical Group Llc has recieved totaling $115,364,170.
| Awarding Organization | Amount |
|---|---|
Medical Center Of The Rockies Fort Collins, CO PURPOSE: COMMUNITY HEALTHCARE | $58,349,714 |
Poudre Valley Health Care Inc Fort Collins, CO PURPOSE: SEE SCH I, PART IV | $37,692,615 |
Uchealth Greeley Hospital Fort Collins, CO PURPOSE: SEE SCH I, PART IV | $19,315,115 |
Uchealth Northern Colorado Foundation Fort Collins, CO PURPOSE: VARIOUS PROGRAM SUPPORT | $6,726 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Poudre Valley Medical Group Llc Fort Collins, CO | $73,202,044 | $598,506,659 |
Integris Ambulatory Care Corporation Oklahoma City, OK | $363,711,453 | $242,573,794 |
Warren Clinic Inc Tulsa, OK | $122,713,415 | $208,630,512 |
Physicians Clinic Inc Omaha, NE | $98,824,491 | $206,180,874 |
El Rio Santa Cruz Neighborhood Health Center Inc Tucson, AZ | $174,632,326 | $224,059,717 |
Tuba City Regional Health Care Corporation Tuba City, AZ | $285,457,726 | $234,575,569 |
Olathe Health Physicians Inc Olathe, KS | $62,649,906 | $78,349,515 |
Mountain Park Health Center Phoenix, AZ | $117,457,729 | $122,844,994 |
Peak Vista Community Health Centers Colorado Springs, CO | $101,706,738 | $110,168,435 |
Adelante Healthcare Inc Phoenix, AZ | $30,570,108 | $94,163,630 |
Variety Care Inc Oklahoma City, OK | $68,235,522 | $80,451,700 |
Clinica Campesina Family Health Services Lafayette, CO | $54,834,686 | $74,832,192 |