Skip to content
Nonprofiteer
← TAMPA GENERAL MEDICAL GROUP INC

Form 990 for tax year 2024

Filed by TAMPA GENERAL MEDICAL GROUP INC.

Totals

Total revenue
$85,626,581
Total expenses
$181,089,372
Contributions and grants received
$8,194
Grants paid
$0
Program service revenue
$85,618,387
Investment income
$0
Other revenue
$0
Total assets, end of year
$496,551,119
Total liabilities, end of year
$857,641,594
Net assets or fund balances, end of year
-$361,090,475
Program services expenses (Part IX)
$145,084,905
Management and general expenses
$36,004,467
Fundraising expenses
$0
Program service expenses (Part III)
$145,084,905

Program services were 80.1% 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.

  • 1d · Related organizations

    $8,194

  • 2a · Program service revenue: RESEARCH MEANINGFUL USE, OTH

    total $80,963,997 · related or exempt $80,963,997

  • 2b · Program service revenue: PATIENT SERVICE REVENUE

    total $4,654,390 · related or exempt $4,654,390

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $998,693 · program services $998,693

  • 7 · Other salaries and wages

    total $92,254,269 · program services $81,581,048 · management and general $10,673,221

  • 8 · Pension plan contributions

    total $1,993,079 · program services $1,596,456 · management and general $396,623

  • 9 · Other employee benefits

    total $17,744,438 · program services $14,213,295 · management and general $3,531,143

  • 10 · Payroll taxes

    total $4,055,110 · program services $3,248,143 · management and general $806,967

  • 11a · Fees: management

    total $37,210 · program services $5,172 · management and general $32,038

  • 11b · Fees: legal

    total $549,291 · management and general $549,291

  • 11g · Fees: other

    total $32,289,094 · program services $32,289,094

  • 12 · Advertising and promotion

    total $14,341 · program services $14,154 · management and general $187

  • 13 · Office expenses

    total $8,522,520 · management and general $8,522,520

  • 14 · Information technology

    total -$335,411 · program services -$171,697 · management and general -$163,714

  • 16 · Occupancy

    total $5,818,731 · program services $5,120,483 · management and general $698,248

  • 17 · Travel

    total $305,449 · program services $288,973 · management and general $16,476

  • 19 · Conferences, conventions and meetings

    total $110,942 · program services $19,315 · management and general $91,627

  • 22 · Depreciation, depletion and amortization

    total $1,027,711 · program services $2,812 · management and general $1,024,899

  • 23 · Insurance

    total $2,520,174 · program services $1,340,470 · management and general $1,179,704

  • 24a · Other expenses: DUES AND MEMBERSHIPS

    total $196,228 · program services $171,392 · management and general $24,836

  • 24b · Other expenses: PROPERTY & OTHER TAXES

    total $88,570 · program services $88,570

  • 24c · Other expenses: RECRUITMENT

    total $3,793 · program services $3,793

  • 24e · All other expenses

    total $12,895,140 · program services $4,274,739 · management and general $8,620,401

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,900 · end of year $1,899

  • 2 · Savings and temporary cash investments

    beginning of year -$1,380,093 · end of year -$1,435,942

  • 4 · Accounts receivable

    beginning of year $349,272,885 · end of year $472,293,986

  • 8 · Inventories for sale or use

    beginning of year $108,791 · end of year $108,791

  • 9 · Prepaid expenses and deferred charges

    beginning of year $299,576 · end of year $398,367

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

    $24,667,063

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

    $2,044,291

  • 10c · Land, buildings and equipment, net

    beginning of year $23,413,668 · end of year $22,622,772

  • 14 · Intangible assets

    beginning of year -$36,049 · end of year -$27,397

  • 15 · Other assets

    beginning of year $3,144,549 · end of year $2,588,643

  • 17 · Accounts payable and accrued expenses

    beginning of year $637,236,904 · end of year $854,968,688

  • 23 · Secured mortgages and notes payable

    beginning of year $3,216,007 · end of year $2,672,906

  • 27 · Net assets without donor restrictions

    beginning of year -$265,627,684 · end of year -$361,090,475

Mission and programs · 2024

Mission

PROVIDE MEDICAL CARE TO MEMBERS OF THE TAMPA COMMUNITY REGARDLESS OF THEIR ABILITY TO PAY

  • TAMPA GENERAL MEDICAL GROUP INC (TGMG) OPERATES MULTIPLE OUTPATIENT CLINICS THAT EMPLOY PHYSICIANS, ADVANCED PRACTICE PROVIDERS, AND SUPPORT STAFF THAT PROVIDE BOTH PRIMARY AND SPECIALTY CARE. TGMG PROVIDES QUALITY MEDICAL CARE TO A WIDE CROSS-SECTION OF RESIDENTS IN THE TAMPA AREA, INCLUDING THOSE UNABLE TO PAY, THROUGH VARIOUS MEANS INCLUDING THE STATE MEDICAID PROGRAM, HILLSBOROUGH COUNTY HEALTHCARE PLAN, AND THROUGH ITS CHARITY CARE PROGRAM. DURING THE YEAR ENDED SEPTEMBER 30, 2025, THERE WERE APPROX. 352,000 PATIENT VISITS AND APPROX. 332,000 PROCEDURES PERFORMED THROUGH THESE CLINICS.

    Expenses $145,084,905 · Revenue $85,618,387

  • N/A

  • N/A

As filed on the 2024 return.

Listed in Part VII

  • Adam Smith

    DIRECTOR AND BOARD CHAIR

    Total calculated
    $694,959
    From this org
    $0
    From related orgs
    $662,135
    Other
    $32,824
    Hours/week
    1 + 49 related

    Schedule J breakdown matched by us

    Base
    $0 + $491,157 related
    Bonus
    $0 + $117,088 related
    Other
    $0 + $53,890 related
    Deferred
    $0 + $7,418 related
    Nontaxable benefits
    $0 + $25,406 related
    Filer's total
    $0 + $694,959 related

  • Peter Chang MD

    DIRECTOR

    Total calculated
    $471,280
    From this org
    $0
    From related orgs
    $444,232
    Other
    $27,048
    Hours/week
    1 + 49 related

    Schedule J breakdown matched by us

    Base
    $0 + $364,892 related
    Bonus
    $0 + $57,471 related
    Other
    $0 + $21,869 related
    Deferred
    $0 + $23,000 related
    Nontaxable benefits
    $0 + $4,048 related
    Filer's total
    $0 + $471,280 related

  • Mark Runyon

    DIRECTOR

    Total calculated
    $998,308
    From this org
    $0
    From related orgs
    $962,096
    Other
    $36,212
    Hours/week
    1 + 49 related

    Schedule J breakdown matched by us

    Base
    $0 + $718,240 related
    Bonus
    $0 + $243,856 related
    Other
    $0
    Deferred
    $0 + $14,364 related
    Nontaxable benefits
    $0 + $21,848 related
    Filer's total
    $0 + $998,308 related

  • Kiran Dhanireddy

    DIRECTOR

    Total calculated
    $1,468,131
    From this org
    $0
    From related orgs
    $1,442,315
    Other
    $25,816
    Hours/week
    1 + 49 related

    Schedule J breakdown matched by us

    Base
    $0 + $1,189,118 related
    Bonus
    $0 + $166,600 related
    Other
    $0 + $86,597 related
    Deferred
    $0 + $7,328 related
    Nontaxable benefits
    $0 + $18,488 related
    Filer's total
    $0 + $1,468,131 related

  • Joanna Ramirez MD

    DIRECTOR

    Total calculated
    $515,068
    From this org
    $436,668
    From related orgs
    $0
    Other
    $78,400
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $370,081
    Bonus
    $47,356
    Other
    $19,231
    Deferred
    $45,984
    Nontaxable benefits
    $32,416
    Filer's total
    $515,068

  • Joyce Thomas

    DIRECTOR

    Total calculated
    $483,346
    From this org
    $400,278
    From related orgs
    $0
    Other
    $83,068
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $347,668
    Bonus
    $43,610
    Other
    $9,000
    Deferred
    $53,484
    Nontaxable benefits
    $29,584
    Filer's total
    $483,346

  • Holly Tomlin

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • John Hunter

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Karna Patel MD

    PRESIDENT

    Total calculated
    $535,736
    From this org
    $0
    From related orgs
    $460,801
    Other
    $74,935
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $0 + $377,116 related
    Bonus
    $0 + $60,008 related
    Other
    $0 + $23,677 related
    Deferred
    $0 + $45,984 related
    Nontaxable benefits
    $0 + $28,951 related
    Filer's total
    $0 + $535,736 related

  • Nishit Patel MD

    SECRETARY

    Total calculated
    $506,655
    From this org
    $0
    From related orgs
    $479,265
    Other
    $27,390
    Hours/week
    5 + 45 related

    Schedule J breakdown matched by us

    Base
    $0 + $396,209 related
    Bonus
    $0 + $82,276 related
    Other
    $0 + $780 related
    Deferred
    $0 + $23,000 related
    Nontaxable benefits
    $0 + $4,390 related
    Filer's total
    $0 + $506,655 related

  • Lijah Lokenauth

    TREASURER

    Total calculated
    $443,125
    From this org
    $0
    From related orgs
    $391,913
    Other
    $51,212
    Hours/week
    5 + 45 related

    Schedule J breakdown matched by us

    Base
    $0 + $304,125 related
    Bonus
    $0 + $70,460 related
    Other
    $0 + $17,328 related
    Deferred
    $0 + $23,000 related
    Nontaxable benefits
    $0 + $28,212 related
    Filer's total
    $0 + $443,125 related

  • Bonnie Lohrbach

    PHYSICIAN

    Total calculated
    $440,341
    From this org
    $379,308
    From related orgs
    $0
    Other
    $61,033
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $318,817
    Bonus
    $35,967
    Other
    $24,524
    Deferred
    $30,500
    Nontaxable benefits
    $30,533
    Filer's total
    $440,341

  • Sheena Spielberg

    PHYSICIAN

    Total calculated
    $395,306
    From this org
    $369,992
    From related orgs
    $0
    Other
    $25,314
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $339,988
    Bonus
    $24,754
    Other
    $5,250
    Deferred
    $11,223
    Nontaxable benefits
    $14,091
    Filer's total
    $395,306

  • Kimberly Lamartin

    PHYSICIAN

    Total calculated
    $385,533
    From this org
    $360,682
    From related orgs
    $0
    Other
    $24,851
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $278,635
    Bonus
    $34,070
    Other
    $47,977
    Deferred
    $10,873
    Nontaxable benefits
    $13,978
    Filer's total
    $385,533

  • Jorge Gadea

    DIRECTOR

    Total calculated
    $451,828
    From this org
    $380,604
    From related orgs
    $0
    Other
    $71,224
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $311,504
    Bonus
    $40,883
    Other
    $28,217
    Deferred
    $40,778
    Nontaxable benefits
    $30,446
    Filer's total
    $451,828

  • Shawn Wallace

    PHYSICIAN

    Total calculated
    $414,597
    From this org
    $375,330
    From related orgs
    $0
    Other
    $39,267
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $305,223
    Bonus
    $35,325
    Other
    $34,782
    Deferred
    $7,616
    Nontaxable benefits
    $31,651
    Filer's total
    $414,597

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

  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Written employment contract
  • 3 · Approval by the board or compensation committee
  • 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

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.

  • THE SURGERY CENTER AT TGH BRANDON

    N/A · SURGERY CENTER · FL

  • TAMPA REHABILITATION HOSPITAL

    N/A · REHABILITATION · FL

  • TAMPA BEHAVIORAL HOSPITAL LLC

    N/A · BEHAVIORAL HEALTH · FL

Related corporations and trusts

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

  • TGH AMBULATORY SERVICES COMPANY

    C · HOLDING CO · FL

  • TGHHOC

    C · RESTAURANT · FL

  • FLORIDA HEALTH SCIENCES CENTER LTD

    C · PROFESSION · CJ

  • TGH INNOVENTURES BLOCKER LLC

    C · INVESTING · DE

  • TGPN BLOCKER LLC

    C · HOLDING CO · FL

Provenance

Return type
form_990
Tax year
2024
Filed
14 August 2026
IRS schema version
2024v5.5
Source object
202642269349302334

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.