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Nonprofiteer
← DUKE UNIVERSITY AFFILIATED PHYSICANS INC

Form 990 for tax year 2022

Filed by DUKE UNIVERSITY AFFILIATED PHYSICANS INC.

Totals

Total revenue
$201,029,518
Total expenses
$261,807,855
Contributions and grants received
$115,831
Grants paid
$0
Program service revenue
$200,696,186
Investment income
$0
Other revenue
$217,501
Total assets, end of year
$83,987,704
Total liabilities, end of year
$45,070,259
Net assets or fund balances, end of year
$38,917,445
Program services expenses (Part IX)
$220,024,034
Management and general expenses
$41,783,821
Fundraising expenses
$0
Program service expenses (Part III)
$220,024,034

Program services were 84.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $115,831

  • 2a · Program service revenue: PATIENT REVENUE

    total $200,533,985 · related or exempt $200,533,985

  • 2b · Program service revenue: ANCILLARY MEDICAL SERV

    total $162,201 · related or exempt $162,201

  • 5 · Royalties

    total $40,000 · related or exempt $40,000

  • 11a · Other revenue: OTHER MISC REVENUE

    total $177,501 · related or exempt $177,501

  • 11e · Other revenue, total

    $177,501

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $994,494 · management and general $994,494

  • 7 · Other salaries and wages

    total $149,436,660 · program services $126,146,690 · management and general $23,289,970

  • 8 · Pension plan contributions

    total $12,779,309 · program services $10,869,766 · management and general $1,909,543

  • 9 · Other employee benefits

    total $18,661,175 · program services $16,127,214 · management and general $2,533,961

  • 10 · Payroll taxes

    total $9,481,042 · program services $7,956,956 · management and general $1,524,086

  • 11b · Fees: legal

    total $22,944 · program services $3,882 · management and general $19,062

  • 11g · Fees: other

    total $14,352,375 · program services $8,582,396 · management and general $5,769,979

  • 12 · Advertising and promotion

    total $56,437 · program services $946 · management and general $55,491

  • 13 · Office expenses

    total $1,687,961 · program services $1,466,362 · management and general $221,599

  • 14 · Information technology

    total $640,433 · program services $106,612 · management and general $533,821

  • 16 · Occupancy

    total $19,279,959 · program services $16,778,534 · management and general $2,501,425

  • 17 · Travel

    total $397,624 · program services $237,456 · management and general $160,168

  • 19 · Conferences, conventions and meetings

    total $422,841 · program services $278,840 · management and general $144,001

  • 22 · Depreciation, depletion and amortization

    total $7,422,582 · program services $7,029,787 · management and general $392,795

  • 23 · Insurance

    total $1,571,216 · program services $1,571,216

  • 24a · Other expenses: MEDICAL SUPPLIES

    total $21,719,695 · program services $21,719,695

  • 24b · Other expenses: EQUIP. RENTAL & MAINT.

    total $1,577,456 · program services $569,555 · management and general $1,007,901

  • 24c · Other expenses: G&A EXPENSE ALLOCATION

    total $514,753 · management and general $514,753

  • 24d · Other expenses: DUES & MEMBERSHIPS

    total $224,682 · program services $209,449 · management and general $15,233

  • 24e · All other expenses

    total $564,217 · program services $368,678 · management and general $195,539

Balance sheet

Part X, book values.

  • 4 · Accounts receivable

    beginning of year $13,419,576 · end of year $13,889,764

  • 8 · Inventories for sale or use

    beginning of year $1,625,591 · end of year $1,757,251

  • 9 · Prepaid expenses and deferred charges

    beginning of year $79,266 · end of year $98,625

  • 10a · Land, buildings and equipment: cost or other basis

    $100,365,393

  • 10b · Land, buildings and equipment: accumulated depreciation

    $39,763,489

  • 10c · Land, buildings and equipment, net

    beginning of year $63,368,875 · end of year $60,601,904

  • 15 · Other assets

    beginning of year $7,996,918 · end of year $7,640,160

  • 17 · Accounts payable and accrued expenses

    beginning of year $30,660,572 · end of year $32,937,494

  • 25 · Other liabilities

    beginning of year $13,967,539 · end of year $12,132,765

  • 27 · Net assets without donor restrictions

    beginning of year $41,862,115 · end of year $38,917,445

Mission and programs · 2022

Mission

TO PROVIDE COMMUNITY-BASED, HIGH QUALITY AND EFFICIENT PATIENT CARE THROUGH A COMPREHENSIVE PRIMARY CARE NETWORK THAT IS RESPONSIVE TO OUR COMMUNITY'S CHANGING HEALTHCARE NEEDS.

Activities or mission (Part I)

SEE SCHEDULE O FOR ORGANIZATION'S MISSION STATEMENT TO PROVIDE COMMUNITY-BASED, HIGH QUALITY AND EFFICIENT PATIENT CARE THROUGH A COMPREHENSIVE PRIMARY CARE NETWORK THAT IS RESPONSIVE TO OUR COMMUNITY'S CHANGING HEALTHCARE NEEDS.

  • DUKE UNIVERSITY AFFILIATED PHYSICIANS, INC. PROVIDES PRIMARY CAREPHYSICIAN SERVICES TO THE GENERAL PUBLIC.

    Expenses $220,024,034 · Revenue $200,913,687

As filed on the 2022 return.

Listed in Part VII

  • John P Mordach

    PART YEAR DIRECTOR/TREASURER

    Total calculated
    $1,649,144
    From this org
    $0
    From related orgs
    $1,582,991
    Other
    $66,153
    Hours/week
    0.1 + 40.6 related

    Schedule J breakdown matched by us

    Base
    $0 + $890,430 related
    Bonus
    $0 + $672,061 related
    Other
    $0 + $20,500 related
    Deferred
    $0 + $37,164 related
    Nontaxable benefits
    $0 + $31,870 related
    Filer's total
    $0 + $1,652,025 related

  • Thomas A Owens MD

    DIRECTOR/VICE PRESIDENT

    Total calculated
    $1,491,698
    From this org
    $0
    From related orgs
    $1,441,308
    Other
    $50,390
    Hours/week
    0.1 + 61.6 related

    Schedule J breakdown matched by us

    Base
    $0 + $855,279 related
    Bonus
    $0 + $505,470 related
    Other
    $0 + $80,559 related
    Deferred
    $0 + $37,164 related
    Nontaxable benefits
    $0 + $15,990 related
    Filer's total
    $0 + $1,494,462 related

  • Craig T Albanese MD

    PART YEAR DIRECTOR/PRESIDENT

    Total calculated
    $1,460,941
    From this org
    $0
    From related orgs
    $1,407,490
    Other
    $53,451
    Hours/week
    0.1 + 60.6 related

    Schedule J breakdown matched by us

    Base
    $0 + $1,123,435 related
    Bonus
    $0 + $263,555 related
    Other
    $0 + $20,500 related
    Deferred
    $0 + $37,164 related
    Nontaxable benefits
    $0 + $19,941 related
    Filer's total
    $0 + $1,464,595 related

  • Robert N Willis

    PART YEAR DIRECTOR/TREASURER

    Total calculated
    $738,253
    From this org
    $0
    From related orgs
    $684,760
    Other
    $53,493
    Hours/week
    0.1 + 50.6 related

    Schedule J breakdown matched by us

    Base
    $0 + $447,603 related
    Bonus
    $0 + $216,657 related
    Other
    $0 + $20,500 related
    Deferred
    $0 + $37,164 related
    Nontaxable benefits
    $0 + $17,739 related
    Filer's total
    $0 + $739,663 related

  • Richard P Shannon MD

    PART YEAR DIRECTOR

    Total calculated
    $1,046,806
    From this org
    $0
    From related orgs
    $991,774
    Other
    $55,032
    Hours/week
    0.1 + 40.1 related

    Schedule J breakdown matched by us

    Base
    $0 + $709,932 related
    Bonus
    $0 + $261,342 related
    Other
    $0 + $20,500 related
    Deferred
    $0 + $37,164 related
    Nontaxable benefits
    $0 + $24,508 related
    Filer's total
    $0 + $1,053,446 related

  • Christy M Gudaitis

    PART YEAR SECRETARY

    Total calculated
    $452,959
    From this org
    $0
    From related orgs
    $398,346
    Other
    $54,613
    Hours/week
    0.1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $380,346 related
    Bonus
    $0
    Other
    $0 + $18,000 related
    Deferred
    $0 + $37,164 related
    Nontaxable benefits
    $0 + $18,636 related
    Filer's total
    $0 + $454,146 related

  • Laura Huffman Lockamy

    PART YEAR SECRETARY

    Total calculated
    $212,565
    From this org
    $0
    From related orgs
    $173,199
    Other
    $39,366
    Hours/week
    0.1 + 40.1 related

    Schedule J breakdown matched by us

    Base
    $0 + $173,199 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $21,037 related
    Nontaxable benefits
    $0 + $18,877 related
    Filer's total
    $0 + $213,113 related

  • John B Anderson Jr MD

    CHIEF MEDICAL OFFICER, DPC

    Total calculated
    $346,452
    From this org
    $295,857
    From related orgs
    $0
    Other
    $50,595
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $259,274
    Bonus
    $24,625
    Other
    $11,958
    Deferred
    $36,630
    Nontaxable benefits
    $14,758
    Filer's total
    $347,245

  • Elizabeth Long

    CHIEF OPERATING OFFICER, DPC

    Total calculated
    $299,271
    From this org
    $252,472
    From related orgs
    $0
    Other
    $46,799
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $228,987
    Bonus
    $23,485
    Other
    $0
    Deferred
    $30,957
    Nontaxable benefits
    $16,528
    Filer's total
    $299,957

  • Kevin Shah

    PHYSICIAN

    Total calculated
    $434,017
    From this org
    $383,855
    From related orgs
    $0
    Other
    $50,162
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $305,729
    Bonus
    $51,299
    Other
    $26,827
    Deferred
    $37,164
    Nontaxable benefits
    $13,959
    Filer's total
    $434,978

  • Bruce T Peyser MD

    PHYSICIAN

    Total calculated
    $436,152
    From this org
    $389,698
    From related orgs
    $0
    Other
    $46,454
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $298,731
    Bonus
    $70,467
    Other
    $20,500
    Deferred
    $37,164
    Nontaxable benefits
    $10,206
    Filer's total
    $437,068

  • Ann Dorsey MD

    PHYSICIAN

    Total calculated
    $470,179
    From this org
    $424,364
    From related orgs
    $0
    Other
    $45,815
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $365,847
    Bonus
    $47,900
    Other
    $10,617
    Deferred
    $37,164
    Nontaxable benefits
    $12,421
    Filer's total
    $473,949

  • Rushad Shroff

    PHYSICIAN

    Total calculated
    $426,329
    From this org
    $368,435
    From related orgs
    $0
    Other
    $57,894
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $202,317
    Bonus
    $145,618
    Other
    $20,500
    Deferred
    $37,164
    Nontaxable benefits
    $21,416
    Filer's total
    $427,015

  • John Yeatts

    PHYSICIAN

    Total calculated
    $484,475
    From this org
    $430,396
    From related orgs
    $0
    Other
    $54,079
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $307,456
    Bonus
    $109,959
    Other
    $12,981
    Deferred
    $37,164
    Nontaxable benefits
    $17,882
    Filer's total
    $485,442

  • Michele Casey

    PHYSICIAN

    Total calculated
    $405,762
    From this org
    $362,375
    From related orgs
    $0
    Other
    $43,387
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $298,075
    Bonus
    $43,800
    Other
    $20,500
    Deferred
    $37,164
    Nontaxable benefits
    $7,227
    Filer's total
    $406,766

  • William J Fulkerson MD

    FORMER OFFICER

    Total calculated
    $1,806,875
    From this org
    $0
    From related orgs
    $1,763,663
    Other
    $43,212
    Hours/week
    0 + 56 related

    Schedule J breakdown matched by us

    Base
    $0 + $952,651 related
    Bonus
    $0 + $730,131 related
    Other
    $0 + $80,881 related
    Deferred
    $0 + $37,164 related
    Nontaxable benefits
    $0 + $9,235 related
    Filer's total
    $0 + $1,810,062 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 2 · Substantiation required before reimbursing expenses
  • 7 · Other non-fixed payments

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

SCHEDULE J, PART I, LINE 7
NON-FIXED PAYMENTS DUKE UNIVERSITY AFFILIATED PHYSICIANS, INC. MAINTAINS AN EXECUTIVE INCENTIVE COMPENSATION PLAN. PAYMENTS UNDER THE PLAN ARE BASED ON PRE-ESTABLISHED PERFORMANCE METRICS AND A FIXED CALCULATION METHODOLOGY APPROVED BY THE DUKE UNIVERSITY HEALTH SYSTEM, INC. COMPENSATION COMMITTEE WITH ASSISTANCE AND INPUT FROM AN EXECUTIVE COMPENSATION CONSULTING FIRM ASSURING COMPARABILITY WITH SIMILAR SYSTEMS. THE PLAN ALLOWS FOR A MODIFICATION TO AN INDIVIDUAL'S INCENTIVE PAYMENT BASED ON LEADERSHIP COMPETENCIES AND OTHER FACTORS WITH PAYOUTS (AND MODIFICATIONS, IF ANY) APPROVED BY THE DUKE UNIVERSITY HEALTH SYSTEM, INC. COMPENSATION COMMITTEE.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

  • BLACKWELL PARTNERS LLC - SERIES A - 20-8075455

    N/A · INVESTMENTS · DE

  • CANYON BLUE INV FD 27-0186996

    N/A · INVESTMENTS · DE

  • LYRICAL BLUE RL PT 27-2994514

    N/A · INVESTMENTS · DE

  • LYRICAL-BLUE RGNT 45-3626577

    N/A · INVESTMENTS · DE

  • SBER LUCKY STRIKE 20-3891303

    N/A · REAL ESTATE · NC

  • MANGUM II LLC - 46-5135858

    N/A · INVESTMENTS · NC

  • LS INVESTOR LLC 20-3891381

    N/A · REAL ESTATE · NC

  • DILWEG BLUE PF LP 47-1225569

    N/A · INVESTMENTS · DE

  • LYRICAL BLUE RL PT IV 47-1542108

    N/A · INVESTMENTS · DE

  • STRATUS SCP II INVESTORS - C LP

    N/A · INVESTMENTS · UK

  • ALTOS HYBRID D LLC - 47-3996176

    N/A · INVESTMENTS · DE

  • BLACKWELL PARTNERS LLC - SERIES C - 81-1264533

    N/A · INVESTMENTS · DE

  • BLACKWELL PARTNERS LLC - SERIES B

    N/A · INVESTMENTS · DE

  • BLACKWELL PARTNERS LLC - SERIES D

    N/A · INVESTMENTS · DE

  • BLACKWELL PARTNERS LLC - SERIES E

    N/A · INVESTMENTS · DE

  • ALTOS HYBRID 2D LLC - 81-5176567

    N/A · INVESTMENTS · DE

  • LYRICAL-BLUE 100 KINGSHIGHWAY PARTNERS LP

    N/A · INVESTMENTS · DE

  • WASHINGTON GOTHIC LP

    N/A · INVESTMENTS · DE

  • DUKE TRIANGLE ENDOSCOPY CENTER LLC

    N/A · HEALTHCARE · NC

  • DWELLWORKS CO-INVESTMENT LLC

    N/A · INVESTMENTS · DE

  • BEP LEGACY 1C LLC

    N/A · INVESTMENTS · DE

  • WELLINGTON TRUST CO NA - CTF OPP FIXED INC ALLOC II POR

    N/A · INVESTMENTS · DE

  • ENIAC SPECIAL DELTA LLC

    N/A · INVESTMENTS · DE

  • STRATUS SCP III INVESTORS - GAMMA LP

    N/A · INVESTMENTS · UK

  • STRATUS SCP COINVESTMENT II - FIP-M

    N/A · INVESTMENTS · BR

  • MANGUM LLC

    N/A · INVESTMENTS · NC

  • CPF HEARTBEAT HEALTH INVES B LLC

    N/A · INVESTMENTS · DE

  • CPF TRIAS INVESTMENT LLC

    N/A · INVESTMENTS · DE

  • CPF HEARTBEAT HEALTH INV A LLC

    N/A · INVESTMENTS · DE

  • CPF TRIAS INVESTMENT II LLC

    N/A · INVESTMENTS · DE

  • THRIVE CAPITAL PARTNERS IV SEGMENT LLC

    N/A · INVESTMENTS · DE

  • MANGUM III LLC

    N/A · INVESTMENTS · DE

  • MANGUM III LLC - SERIES A

    N/A · INVESTMENTS · DE

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • DUKE CE LS INC

    C · REAL ESTATE · NC

  • DUKE CE (SEA) PRIVATE LIMITED

    C · SUPPORT · SN

  • DUKE CORP EDU INDIA PRIVATE

    C · CONSULTING · IN

  • DUKE CORPORATE EDUCATION LIM

    C · EDUCATION CONSULTING · UK

  • DUKE CORPORATE EDUCATION RSA

    C · CONSULTING · SF

  • DUKE GLOBAL CONSULTING (KUNSHAN)

    C · CONSULTING · CH

  • DUKE MEDICAL STRATEGIES INC

    C · HEALTHCARE · NC

  • DUKE MEDICINE ASIA PTE LTD

    C · MEDICAL RESEARCH · SN

  • DURHAM CASUALTY COMPANY LTD

    C · INSURANCE · BD

  • GOTHIC INTERNATIONAL LTD

    C · INVESTMENTS · CJ

  • MARATHON BLUE CAYMAN FUND

    C · INVESTMENTS · CJ

  • GHI HOLDINGS MAURITIUS

    C · INVESTMENTS · MP

  • GHI ERP LTD

    C · INVESTMENTS · MP

  • GHI HSP LTD

    C · INVESTMENTS · MP

  • GHI JBD LTD

    C · INVESTMENTS · MP

  • GHI LTP LTD

    C · INVESTMENTS · MP

  • MCP PRIVATE CAPITAL (FEEDER) FUND I LP

    C · INVESTMENTS · LU

  • DUKE INDIA SERVICES PRIVATE LIMITED

    C · MEDICAL RESEARCH · IN

  • HEALTH SYSTEM MEDICAL STRATEGIES INC

    C · HEALTHCARE · NC

  • VITA BELLAVISTA CASA 84 SRL

    C · REAL ESTATE · CS

  • VITA BELLAVISTA CASA DIECINUEVE SRL

    C · REAL ESTATE · CS

  • DUKE GLOBAL GERMANY GMBH

    C · EDUCATION · GM

Provenance

Return type
form_990
Tax year
2022
Filed
3 April 2024
IRS schema version
2022v5.0
Source object
202401349349308165

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