Salem Physician Practices Pc
- Assets
- $930.3k
- Revenue
- $3.4m
- Investments
- $0.0
- Employees
- 45
- Location
- Salem, NJ
- Founding
- 11/2018
- Data as of
- 12/2021
- EIN
- 83-1552401
Organization Overview
Salem Physician Practices Pc is located in Salem, NJ. The organization was established in 2018. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. As of 12/2021, Salem Physician Practices Pc employed 45 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Salem Physician Practices Pc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE PRIMARY CARE AND SPECIALTY MEDICAL SERVICES IN FURTHERANCE OF THE CHARITABLE TAX-EXEMPT PURPOSES OF SALEM COUNTY HOSPITAL CORP; AN IRC 501(C)(3) TAX-EXEMPT ORG.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EXPENSES INCURRED TO PROVIDE PRIMARY CARE AND SPECIALTY MEDICAL SERVICES IN FURTHERANCE OF THE CHARITABLE TAX-EXEMPT PURPOSES OF SALEM MEDICAL CENTER; AN INTERNAL REVENUE CODE SECTION 501(C)(3) TAX-EXEMPT HOSPITAL ORGANIZATION.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel S Timmerman DO MPH Trustee - President | OfficerTrustee | 55 | $515,848 |
Harish Kakkilaya MD Physician | 55 | $491,271 | |
Mitchell C Bober DO Physician | 55 | $479,526 | |
Michael Levy MD Physician | 55 | $369,316 | |
Henry C Ho MD Physician | 55 | $349,749 | |
James E Hubbs DO Physician | 55 | $247,169 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Sierra Health Group Billing/rev Cycle | 12/30/21 | $639,603 |
Cooper University Physicians Medical | 12/30/21 | $726,407 |
Med-link Computer Sciences Llc It | 12/30/21 | $130,070 |
View All Vendors
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $485,094 |
| 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 | $485,094 |
| Total Program Service Revenue | $2,767,480 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $164,882 |
| 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 | $3,417,456 |
| 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. | $537,329 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,734,792 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $358,040 |
| Payroll taxes | $262,265 |
| Fees for services: Management | $402,867 |
| 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 | $1,203,424 |
| Advertising and promotion | $0 |
| Office expenses | $92,337 |
| Information technology | $457,328 |
| Royalties | $0 |
| Occupancy | $755,166 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $8,898 |
| Interest | $533 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $27,017 |
| Insurance | $116,930 |
| All other expenses | $0 |
| Total functional expenses | $8,504,079 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $65,420 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $616,654 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $98,183 |
| Prepaid expenses and deferred charges | $87,996 |
| Net Land, buildings, and equipment | $26,649 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $35,354 |
| Total assets | $930,256 |
| Accounts payable and accrued expenses | $3,879,319 |
| 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 | $12,328,304 |
| Total liabilities | $16,207,623 |
| Net assets without donor restrictions | -$15,277,367 |
| 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 | $930,256 |
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|---|---|---|
Apis Services Inc Reading, PA | $60,776,008 | $15,713,327 |
New York State Health Foundation New York, NY | $362,119,820 | $12,287,243 |
Childrens Specialized Hospital Foundation Inc Mountainside, NJ | $118,333,795 | $21,767,300 |
Hospital For Special Surgery Fund Inc New York, NY | $132,917,931 | $24,476,361 |
Overlook Foundation Summit, NJ | $124,262,093 | $22,064,217 |
Deborah Hospital Foundation Browns Mills, NJ | $27,360,210 | $10,833,977 |
The Childrens Hospital Of Buffalo Foundation Buffalo, NY | $94,191,581 | $13,115,103 |
The St Francis Hospital Foundation Inc Roslyn, NY | $262,392,526 | $17,931,065 |
Lankenau Medical Center Foundation Wynnewood, PA | $483,355,098 | $35,694,086 |
Monmouth Medical Center Foundation Inc Oceanport, NJ | $47,507,975 | $18,905,693 |
New York And Presbyterian Hospitals Healthcare System Inc New York, NY | $3,724,021 | $13,051,406 |
Concordia Lutheran Ministriesfoundation Cabot, PA | $226,432,111 | $36,499,919 |