Skip to content
Nonprofiteer
← MUSC AFFILIATE PHYSICIANS

Form 990 for tax year 2023

Filed by MUSC AFFILIATE PHYSICIANS.

Totals

Total revenue
$59,849,459
Total expenses
$63,515,680
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$57,087,744
Investment income
$0
Other revenue
$2,761,715
Total assets, end of year
$11,133,644
Total liabilities, end of year
$17,762,706
Net assets or fund balances, end of year
-$6,629,062
Program services expenses (Part IX)
$59,584,508
Management and general expenses
$3,931,172
Fundraising expenses
$0
Program service expenses (Part III)
$59,584,508

Program services were 93.8% 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.

  • 2a · Program service revenue: NET PATIENT SERVICE REVENUE

    total $57,087,744 · related or exempt $57,087,744

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7c · Gain or loss

    securities $0 · other assets $0

  • 11a · Other revenue: QUALITY INCENTIVE PAYMENTS

    total $2,761,715 · related or exempt $2,761,715

  • 11d · All other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $2,761,715

Functional expenses

Part IX, the statement of functional expenses.

  • 11c · Fees: accounting

    total $39,884 · management and general $39,884

  • 11g · Fees: other

    total $59,584,508 · program services $59,584,508 · management and general $0 · fundraising $0

  • 16 · Occupancy

    total $3,726,664 · management and general $3,726,664

  • 23 · Insurance

    total $104,949 · management and general $104,949

  • 24a · Other expenses: OTHER OPERATING

    total $59,675 · management and general $59,675

  • 24e · All other expenses

    total $0 · program services $0 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,790,727 · end of year $4,207,424

  • 4 · Accounts receivable

    beginning of year $7,099,342 · end of year $6,144,006

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $211,148 · end of year $232,070

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

    $0

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

    $0

  • 10c · Land, buildings and equipment, net

    end of year $0

  • 12 · Investments: other securities

    beginning of year $0

  • 13 · Investments: program-related

    beginning of year $0

  • 15 · Other assets

    beginning of year $0 · end of year $550,144

  • 17 · Accounts payable and accrued expenses

    beginning of year $3,816,274 · end of year $5,017,007

  • 22 · Loans and payables to officers and key people

    end of year $0

  • 25 · Other liabilities

    beginning of year $8,247,784 · end of year $12,745,699

  • 31 · Retained earnings, endowment or other funds

    beginning of year -$2,962,841 · end of year -$6,629,062

Mission and programs · 2023

Mission

MAP IS ORGANIZED EXCLUSIVELY FOR CHARITABLE, EDUCATIONAL AND SCIENTIFIC PURPOSES, INCLUDING, FOR SUCH PURPOSES, THE MAKING OF DISTRIBUTIONS TO MAINSAIL, ITS SUPPORTED ORGANIZATIONS, PERMISSABLE BENEFICIARIES, AND AS PERMITTED, TO ORGANIZATIONS WHICH QUALIFY AS EXEMPT ORGANIZATIONS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED, OR THE CORRESPONDING SECTION OF ANY FUTURE UNITED STATES INTERNAL REVENUE LAW. MAP IS ORGANIZED, AND AT ALL TIMES SHALL BE OPERATED, EXCLUSIVELY FOR THE BENEFIT OF, OR TO CARRY OUT THE PURPOSES OF MAINSAIL AND ITS SUPPORTED ORGANIZATIONS.

Activities or mission (Part I)

MUSC AFFILIATE PHYSICIANS (MAP) IS ORGANIZED EXCLUSIVELY FOR CHARITABLE, EDUCATIONAL AND SCIENTIFIC PURPOSES, INCLUDING, FOR SUCH PURPOSES, THE MAKING OF DISTRIBUTIONS TO AFFILIATED MEMBER MAINSAIL HEALTH PARTNERS AND ITS CHARITABLE MISSION, ITS SUPPORTED ORGANIZATIONS, PERMISSABLE BENEFICIARIES, AND AS PERMITTED, TO ORGANIZATIONS WHICH QUALIFY AS EXEMPT ORGANIZATIONS UNDER SECTION 501(C)(3) OF THE IRC, AS AMENDED, OR THE CORRESPONDING SECTION OF ANY FUTURE US INTERNAL REVENUE LAW.

  • MAP HAS ENTERED INTO A PROFESSIONAL SERVICES AGREEMENT WITH TRIBE513. TRIBE513 IS A MULTI-SPECIALTY GROUP PRACTICE IN THE GREATER UPSTATE OF SOUTH CAROLINA. UNDER THIS AGREEMENT, TRIBE513 FURNISHES LICENSED PHYSICIANS AND ADVANCED PRACTICE PROFESSIONALS TO PROVIDE PROFESSIONAL SERVICES TO PRACTICE PATIENTS AT THE FACILITIES. MAP RETAINS ALL COLLECTIONS RECEIVED ON BEHALF OF THE PROVIDERS. THIS PATIENT SERVICE REVENUE IS REPORTED AT THE AMOUNT THAT REFLECTS THE CONSIDERATION TO WHICH MAP EXPECTS TO BE REIMBURSED FOR PROVIDING PATIENT CARE. THESE AMOUNTS ARE DUE FROM PATIENTS, THIRD PARTY PAYERS, AND OTHERS. TRIBE513 PROVIDERS ARE COMPENSATED BASED ON A RATE PER WORKED RVU.

    Expenses $59,584,508 · Revenue $59,849,459

As filed on the 2023 return.

Listed in Part VII

  • Eugene Hong

    SEC/TREAS/DIRECTOR

    Total calculated
    $774,104
    From this org
    $0
    From related orgs
    $724,362
    Other
    $49,742
    Hours/week
    3 + 37 related

    Schedule J breakdown matched by us

    Base
    $0 + $724,362 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $30,000 related
    Nontaxable benefits
    $0 + $19,742 related
    Filer's total
    $0 + $774,104 related
  • Matthew Severance

    VICE-CHAIR/DIRECTOR

    Total calculated
    $960,967
    From this org
    $0
    From related orgs
    $881,666
    Other
    $79,301
    Hours/week
    3 + 37 related

    Schedule J breakdown matched by us

    Base
    $0 + $881,666 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $60,000 related
    Nontaxable benefits
    $0 + $19,301 related
    Filer's total
    $0 + $960,967 related
  • Patrick Cawley

    CHAIR/DIRECTOR/CEO

    Total calculated
    $1,196,271
    From this org
    $0
    From related orgs
    $1,155,482
    Other
    $40,789
    Hours/week
    3 + 37 related

    Schedule J breakdown matched by us

    Base
    $0 + $1,155,482 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $30,000 related
    Nontaxable benefits
    $0 + $10,789 related
    Filer's total
    $0 + $1,196,271 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

None.

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
  • 7 · Other non-fixed payments
  • 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.

Provenance

Return type
form_990
Tax year
2023
Filed
14 May 2025
IRS schema version
2023v6.0
Source object
202511349349307161

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.