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Nonprofiteer
← UAB MEDICINE ENTERPRISE

Form 990 for tax year 2023

Filed by UAB MEDICINE ENTERPRISE.

Totals

Total revenue
$64,370,393
Total expenses
$80,248,217
Contributions and grants received
$22,527,132
Grants paid
$19,450,599
Program service revenue
$38,167,179
Investment income
$3,676,082
Other revenue
$0
Total assets, end of year
$259,359,679
Total liabilities, end of year
$154,376,680
Net assets or fund balances, end of year
$104,982,999
Program services expenses (Part IX)
$19,450,599
Management and general expenses
$60,797,618
Fundraising expenses
$0
Program service expenses (Part III)
$19,450,599

Program services were 24.2% 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

    $22,527,132

  • 2a · Program service revenue: MANAGEMENT FEES

    total $29,775,659 · related or exempt $29,775,659

  • 2b · Program service revenue: SALES AND SERVICES INCOME

    total $3,248,593 · related or exempt $3,248,593

  • 2c · Program service revenue: PAYROLL ADMINISTRATION FEES

    total $5,142,927 · related or exempt $5,142,927

  • 3 · Investment income

    total $3,676,082 · excluded $3,676,082

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0

  • 5 · Royalties

    total $0

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 6d · Net rental income or loss

    total $0

  • 7d · Net gain or loss

    total $0

  • 8a · Fundraising events: gross income

    $0

  • 8b · Fundraising events: direct expenses

    $0

  • 8c · Net income from fundraising events

    total $0

  • 9a · Gaming: gross income

    $0

  • 9b · Gaming: direct expenses

    $0

  • 9c · Net income from gaming

    total $0

  • 10a · Gross sales of inventory

    $0

  • 10b · Cost of goods sold

    $0

  • 10c · Net income from sales of inventory

    total $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $19,450,599 · program services $19,450,599

  • 2 · Grants to domestic individuals

    total $0

  • 3 · Grants to foreign organizations and individuals

    total $0

  • 4 · Benefits paid to or for members

    total $0

  • 5 · Compensation of officers, directors and key employees

    total $10,003,046 · management and general $10,003,046 · fundraising $0

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $14,376,943 · program services $0 · management and general $14,376,943 · fundraising $0

  • 8 · Pension plan contributions

    total $3,788,159 · program services $0 · management and general $3,788,159 · fundraising $0

  • 9 · Other employee benefits

    total -$4,007,512 · program services $0 · management and general -$4,007,512 · fundraising $0

  • 10 · Payroll taxes

    total $5,035,941 · program services $0 · management and general $5,035,941 · fundraising $0

  • 11a · Fees: management

    total $0

  • 11b · Fees: legal

    total $1,005,450 · program services $0 · management and general $1,005,450 · fundraising $0

  • 11c · Fees: accounting

    total $173,000 · program services $0 · management and general $173,000 · fundraising $0

  • 11d · Fees: lobbying

    total $0

  • 11e · Fees: professional fundraising services

    total $0

  • 11f · Fees: investment management

    total $0

  • 11g · Fees: other

    total $17,575,019 · program services $0 · management and general $17,575,019 · fundraising $0

  • 12 · Advertising and promotion

    total $931,741 · program services $0 · management and general $931,741 · fundraising $0

  • 13 · Office expenses

    total $1,887,642 · program services $0 · management and general $1,887,642 · fundraising $0

  • 14 · Information technology

    total $0

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $679,357 · program services $0 · management and general $679,357 · fundraising $0

  • 17 · Travel

    total $230,885 · program services $0 · management and general $230,885 · fundraising $0

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $429,753 · program services $0 · management and general $429,753 · fundraising $0

  • 20 · Interest

    total $4,688,212 · program services $0 · management and general $4,688,212 · fundraising $0

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $2,004,401 · program services $0 · management and general $2,004,401 · fundraising $0

  • 23 · Insurance

    total $23,217 · program services $0 · management and general $23,217 · fundraising $0

  • 24a · Other expenses: LICENSES & PERMITS

    total $838,559 · program services $0 · management and general $838,559 · fundraising $0

  • 24b · Other expenses: DUES & SUBSCRIPTIONS

    total $289,328 · program services $0 · management and general $289,328 · fundraising $0

  • 24c · Other expenses: MEALS

    total $89,192 · program services $0 · management and general $89,192 · fundraising $0

  • 24d · Other expenses: SEMINARS

    total $29,541 · program services $0 · management and general $29,541 · fundraising $0

  • 24e · All other expenses

    total $725,744 · program services $0 · management and general $725,744 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $57,126,021 · end of year $23,651,893

  • 2 · Savings and temporary cash investments

    beginning of year $0 · end of year $0

  • 3 · Pledges and grants receivable

    beginning of year $0 · end of year $0

  • 4 · Accounts receivable

    beginning of year $19,041,837 · end of year $21,417,347

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 7 · Other notes and loans receivable

    beginning of year $98,957,505 · end of year $97,101,591

  • 8 · Inventories for sale or use

    beginning of year $0 · end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $667,804 · end of year $1,094,562

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

    $107,642,668

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

    $7,341,793

  • 10c · Land, buildings and equipment, net

    beginning of year $96,195,456 · end of year $100,300,875

  • 11 · Investments: publicly traded securities

    beginning of year $1,237,308 · end of year $2,340,691

  • 12 · Investments: other securities

    beginning of year $1,000 · end of year $1,000

  • 13 · Investments: program-related

    beginning of year $0 · end of year $0

  • 14 · Intangible assets

    beginning of year $0 · end of year $0

  • 15 · Other assets

    beginning of year $13,742,511 · end of year $13,451,720

  • 17 · Accounts payable and accrued expenses

    beginning of year $15,102,791 · end of year $17,850,703

  • 18 · Grants payable

    beginning of year $0 · end of year $0

  • 19 · Deferred revenue

    beginning of year $0 · end of year $1,443,743

  • 20 · Tax-exempt bond liabilities

    beginning of year $117,363,345 · end of year $115,384,741

  • 21 · Escrow or custodial account liability

    beginning of year $0 · end of year $0

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $0 · end of year $0

  • 24 · Unsecured notes and loans payable

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $33,642,483 · end of year $19,697,493

  • 27 · Net assets without donor restrictions

    beginning of year $120,860,823 · end of year $104,982,999

  • 28 · Net assets with donor restrictions

    beginning of year $0 · end of year $0

Mission and programs · 2023

Mission

TO PROVIDE COMMON MANAGEMENT OF THE EXISTING AND FUTURE HEALTHCARE DELIVERY OPERATIONS (THE "JOINT HEALTHCARE OPERATIONS") OF THE BOARD OF TRUSTEES OF THE UNIVERSITY OF ALABAMA AND THE UNIVERSITY OF ALABAMA HEALTH SERVICES FOUNDATION, P.C.

Activities or mission (Part I)

SEE SCHEDULE O

  • SEE SCHEDULE O

    Expenses $19,450,599 · Grants $19,450,599 · Revenue $38,167,179

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • DAWN BULGARELLA

    Chief Executive Officer

    Total calculated
    $2,633,227
    From this org
    $2,527,052
    From related orgs
    $0
    Other
    $106,175
    Hours/week
    40 + 3 related

    Schedule J breakdown matched by us

    Base
    $1,341,611
    Bonus
    $590,285
    Other
    $595,156
    Deferred
    $87,800
    Nontaxable benefits
    $18,375
    Filer's total
    $2,633,227

  • REID JONES

    CEO & VP (UNTIL 9/24)

    Total calculated
    $2,531,810
    From this org
    $2,400,819
    From related orgs
    $35,170
    Other
    $95,821
    Hours/week
    40 + 2 related

    Schedule J breakdown matched by us

    Base
    $670,936 + $35,170 related
    Bonus
    $496,800
    Other
    $1,233,083
    Deferred
    $66,375 + $5,084 related
    Nontaxable benefits
    $11,545 + $12,817 related
    Filer's total
    $2,478,739 + $53,071 related

  • RAY WATTS

    CHAIR & PRESIDENT

    Total calculated
    $1,346,310
    From this org
    $411,791
    From related orgs
    $722,178
    Other
    $212,341
    Hours/week
    20 + 42.5 related

    Schedule J breakdown matched by us

    Base
    $341,228 + $665,682 related
    Bonus
    $0 + $48,000 related
    Other
    $70,563 + $8,496 related
    Deferred
    $88,500 + $90,648 related
    Nontaxable benefits
    $4,351 + $28,842 related
    Filer's total
    $504,642 + $841,668 related

  • ANUPAM AGARWAL

    SENIOR VP FOR MEDICINE & DEAN

    Total calculated
    $1,323,878
    From this org
    $491,228
    From related orgs
    $644,868
    Other
    $187,782
    Hours/week
    20 + 43.25 related

    Schedule J breakdown matched by us

    Base
    $444,637 + $512,977 related
    Bonus
    $0 + $126,005 related
    Other
    $46,591 + $5,886 related
    Deferred
    $66,000 + $86,551 related
    Nontaxable benefits
    $6,104 + $29,127 related
    Filer's total
    $563,332 + $760,546 related

  • SUSAN JENNINGS

    CFO & TREASURER

    Total calculated
    $874,737
    From this org
    $779,848
    From related orgs
    $0
    Other
    $94,889
    Hours/week
    40 + 0.25 related

    Schedule J breakdown matched by us

    Base
    $506,325
    Bonus
    $214,835
    Other
    $58,688
    Deferred
    $88,500
    Nontaxable benefits
    $6,389
    Filer's total
    $874,737

  • DAVID RANDALL

    CHIEF STRATEGY OFFICER

    Total calculated
    $827,000
    From this org
    $713,785
    From related orgs
    $0
    Other
    $113,215
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $462,302
    Bonus
    $154,033
    Other
    $97,450
    Deferred
    $93,000
    Nontaxable benefits
    $20,215
    Filer's total
    $827,000

  • CLAYTON RYAN

    VP GOV'T AFFAIRS (UNTIL 10/23)

    Total calculated
    $771,115
    From this org
    $716,531
    From related orgs
    $0
    Other
    $54,584
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $629,784
    Bonus
    $50,000
    Other
    $36,747
    Deferred
    $35,000
    Nontaxable benefits
    $19,584
    Filer's total
    $771,115

  • DONALD LILLY

    SR VP NETWORK DEV (UNTIL 4/24)

    Total calculated
    $685,308
    From this org
    $574,203
    From related orgs
    $0
    Other
    $111,105
    Hours/week
    40 + 2 related

    Schedule J breakdown matched by us

    Base
    $396,364
    Bonus
    $138,380
    Other
    $39,459
    Deferred
    $88,020
    Nontaxable benefits
    $23,085
    Filer's total
    $685,308

  • CHARLES PITTS

    VP OF MANAGED CARE CONTRACTING

    Total calculated
    $533,722
    From this org
    $433,558
    From related orgs
    $0
    Other
    $100,164
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $340,983
    Bonus
    $91,000
    Other
    $1,575
    Deferred
    $67,998
    Nontaxable benefits
    $32,166
    Filer's total
    $533,722

  • CHRISTOPHER MEEKS

    VP CLINICAL FUND/EXEC DIR AOC

    Total calculated
    $510,414
    From this org
    $428,828
    From related orgs
    $0
    Other
    $81,586
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $328,871
    Bonus
    $98,894
    Other
    $1,063
    Deferred
    $75,419
    Nontaxable benefits
    $6,167
    Filer's total
    $510,414

  • JEAN ANN LARSON

    CHIEF LEADERSHIP DEV. OFFICER

    Total calculated
    $433,420
    From this org
    $345,395
    From related orgs
    $0
    Other
    $88,025
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $284,080
    Bonus
    $60,010
    Other
    $1,305
    Deferred
    $65,899
    Nontaxable benefits
    $22,126
    Filer's total
    $433,420

  • JEFFREY SIMMONS

    VP/LEAD PHYSICIAN UAB MEDICINE

    Total calculated
    $429,315
    From this org
    $359,273
    From related orgs
    $0
    Other
    $70,042
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $316,526
    Bonus
    $41,348
    Other
    $1,399
    Deferred
    $66,000
    Nontaxable benefits
    $4,042
    Filer's total
    $429,315

  • RUTH LEETH

    CHIEF OF STAFF

    Total calculated
    $406,876
    From this org
    $334,943
    From related orgs
    $0
    Other
    $71,933
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $277,018
    Bonus
    $56,650
    Other
    $1,275
    Deferred
    $62,694
    Nontaxable benefits
    $9,239
    Filer's total
    $406,876

  • LOUIS BAVERSO

    CHIEF OPS OFFICER (BEGIN 9/24)

    Total calculated
    $321,225
    From this org
    $309,023
    From related orgs
    $0
    Other
    $12,202
    Hours/week
    40 + 0.25 related

    Schedule J breakdown matched by us

    Base
    $258,010
    Bonus
    $0
    Other
    $51,013
    Deferred
    $2,321
    Nontaxable benefits
    $9,881
    Filer's total
    $321,225

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

  • 1a · Tax indemnification and gross-up payments
  • 1a · Health or social club dues or initiation fees
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 4a · Severance or change-of-control payment
  • 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

The filer's explanations (Part III)

PART I, LINE 1:
CERTAIN DIRECTORS AND OFFICERS RECEIVED GROSSED UP COMPENSATION. REID JONES WAS REIMBURSED FOR SOCIAL CLUB DUES. THE AMOUNT WAS TREATED AS TAXABLE COMPENSATION.
PART II:
FOR CALENDAR YEAR 2023 COMPENSATION FOR REID JONES INCLUDED $970,205 WHICH IS A ONE TIME PAYMENT FROM DEFERRED COMPENSATION PLAN.

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

The 10 largest by cash amount. The API serves every itemized grant.

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.

  • SEE PART VII

    Directly controlled by NA

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.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

Related corporations and trusts

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

  • SEE PART VII

    Directly controlled by NA

Provenance

Return type
form_990
Tax year
2023
Filed
14 August 2025
IRS schema version
2023v6.0
Source object
202502279349300535

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