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Nonprofiteer
← BROWN PHYSICIANS INC

Form 990 for tax year 2024

Filed by BROWN PHYSICIANS INC.

Totals

Total revenue
$21,577,866
Total expenses
$22,203,022
Contributions and grants received
$9,318,546
Grants paid
$6,275,972
Program service revenue
$14,783,872
Investment income
$196,741
Other revenue
-$2,721,293
Total assets, end of year
$34,730,557
Total liabilities, end of year
$23,265,727
Net assets or fund balances, end of year
$11,464,830
Program services expenses (Part IX)
$7,845,451
Management and general expenses
$14,357,571
Fundraising expenses
$0
Program service expenses (Part III)
$7,845,451

Program services were 35.3% 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

    $9,318,546

  • 2a · Program service revenue: PROGRAM FEES

    total $14,783,872 · related or exempt $14,783,872

  • 3 · Investment income

    total $196,741 · excluded $196,741

  • 11a · Other revenue: LOSS ON MEDICAL INSURA

    total -$2,721,293 · excluded -$2,721,293

  • 11e · Other revenue, total

    -$2,721,293

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $6,275,972 · program services $6,275,972

  • 5 · Compensation of officers, directors and key employees

    total $512,178 · program services $64,022 · management and general $448,156

  • 7 · Other salaries and wages

    total $9,059,430 · program services $1,132,429 · management and general $7,927,001

  • 8 · Pension plan contributions

    total $842,913 · program services $100,928 · management and general $741,985

  • 9 · Other employee benefits

    total $526,235 · program services $63,085 · management and general $463,150

  • 10 · Payroll taxes

    total $735,940 · program services $88,313 · management and general $647,627

  • 11b · Fees: legal

    total $1,877,775 · management and general $1,877,775

  • 11c · Fees: accounting

    total $125,000 · management and general $125,000

  • 11g · Fees: other

    total $1,183,745 · management and general $1,183,745

  • 12 · Advertising and promotion

    total $94,549 · management and general $94,549

  • 13 · Office expenses

    total $27,573 · program services $1,554 · management and general $26,019

  • 14 · Information technology

    total $289,018 · program services $36,127 · management and general $252,891

  • 16 · Occupancy

    total $172,040 · program services $21,505 · management and general $150,535

  • 22 · Depreciation, depletion and amortization

    total $412,130 · program services $51,516 · management and general $360,614

  • 23 · Insurance

    total $68,524 · program services $10,000 · management and general $58,524

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $3,245,670 · end of year $2,923,894

  • 2 · Savings and temporary cash investments

    beginning of year $4,738,233 · end of year $3,896,437

  • 4 · Accounts receivable

    beginning of year $1,525,648 · end of year $3,506,207

  • 9 · Prepaid expenses and deferred charges

    beginning of year $285,905 · end of year $171,846

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

    $4,161,498

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

    $1,567,713

  • 10c · Land, buildings and equipment, net

    beginning of year $3,005,914 · end of year $2,593,785

  • 11 · Investments: publicly traded securities

    beginning of year $10,309,663 · end of year $14,597,283

  • 15 · Other assets

    beginning of year $6,142,294 · end of year $7,041,105

  • 17 · Accounts payable and accrued expenses

    beginning of year $2,660,746 · end of year $4,158,230

  • 25 · Other liabilities

    beginning of year $14,502,595 · end of year $19,107,497

  • 27 · Net assets without donor restrictions

    beginning of year $6,357,111 · end of year $5,187,611

  • 28 · Net assets with donor restrictions

    beginning of year $5,732,875 · end of year $6,277,219

Mission and programs · 2024

Mission

TO SUPPORT THE PURPOSES OF THE WARREN ALPERT MEDICAL SCHOOL OF BROWN UNIVERSITY, AS WELL AS OTHER TAX-EXEMPT NONPROFIT HOSPITALS IN RHODE ISLAND.

  • DEVELOPMENT OF MULTI-DISCIPLINARY CLINICAL PROGRAMS, PARTICIPATING IN RESEARCH, PROVIDING TEACHING SERVICES, PLANNING JOINT CLINICAL INTEGRATION WITH THE UNIVERSITY AND NONPROFIT HOSPITALS IN RHODE ISLAND, AND PROVIDING MANAGEMENT SERVICES.

    Expenses $7,845,451 · Grants $6,275,972 · Revenue $14,783,872

As filed on the 2024 return.

Listed in Part VII

  • Kimberly A Galligan MBA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 40 related
  • Karen Furie MD

    SECRETARY

    Total calculated
    $716,211
    From this org
    $0
    From related orgs
    $654,458
    Other
    $61,753
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $649,556 related
    Bonus
    $0
    Other
    $0 + $4,902 related
    Deferred
    $0 + $34,500 related
    Nontaxable benefits
    $0 + $27,253 related
    Filer's total
    $0 + $716,211 related
  • Mukesh Jain MD

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    1 + 40 related
  • Gyan Pareek MD

    DIRECTOR

    Total calculated
    $798,548
    From this org
    $0
    From related orgs
    $750,564
    Other
    $47,984
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $745,750 related
    Bonus
    $0
    Other
    $0 + $4,814 related
    Deferred
    $0 + $17,250 related
    Nontaxable benefits
    $0 + $30,734 related
    Filer's total
    $0 + $798,548 related
  • Abrar Qureshi MD

    DIRECTOR

    Total calculated
    $376,368
    From this org
    $0
    From related orgs
    $340,070
    Other
    $36,298
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $290,767 related
    Bonus
    $0 + $47,992 related
    Other
    $0 + $1,311 related
    Deferred
    $0 + $17,090 related
    Nontaxable benefits
    $0 + $19,208 related
    Filer's total
    $0 + $376,368 related
  • Louis B Rice MD

    TREASURER

    Total calculated
    $0
    Hours/week
    1 + 40 related
  • Linda Brown MD PhD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 40 related
  • Aurora Pryor MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 40 related
  • Angela Caliendo MD PhD

    EXECUTIVE DIRECTOR

    Total calculated
    $748,033
    From this org
    $0
    From related orgs
    $682,708
    Other
    $65,325
    Hours/week
    20 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $628,230 related
    Bonus
    $0 + $40,000 related
    Other
    $0 + $14,478 related
    Deferred
    $0 + $34,500 related
    Nontaxable benefits
    $0 + $30,825 related
    Filer's total
    $0 + $748,033 related
  • Ann Kashmanian

    CHIEF FINANCIAL OFFICER

    Total calculated
    $494,710
    From this org
    $340,077
    From related orgs
    $97,059
    Other
    $57,574
    Hours/week
    20 + 20 related

    Schedule J breakdown matched by us

    Base
    $334,540 + $61,044 related
    Bonus
    $0 + $35,000 related
    Other
    $5,537 + $1,015 related
    Deferred
    $33,667 + $9,656 related
    Nontaxable benefits
    $11,974 + $2,277 related
    Filer's total
    $385,718 + $108,992 related
  • Tammy Lederer

    CHIEF HR OFFICER

    Total calculated
    $309,213
    From this org
    $267,561
    From related orgs
    $0
    Other
    $41,652
    Hours/week
    20 + 20 related

    Schedule J breakdown matched by us

    Base
    $240,394
    Bonus
    $20,000
    Other
    $7,167
    Deferred
    $26,014
    Nontaxable benefits
    $15,638
    Filer's total
    $309,213
  • Matthew Disano

    IT SECURITY OFFICER

    Total calculated
    $190,985
    From this org
    $144,004
    From related orgs
    $0
    Other
    $46,981
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $140,330
    Bonus
    $0
    Other
    $3,674
    Deferred
    $14,583
    Nontaxable benefits
    $32,398
    Filer's total
    $190,985
  • Gabriel Shepherd

    DIRECTOR OF HRIS & BENEFITS

    Total calculated
    $171,059
    From this org
    $142,388
    From related orgs
    $0
    Other
    $28,671
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $136,970
    Bonus
    $5,000
    Other
    $418
    Deferred
    $14,552
    Nontaxable benefits
    $14,119
    Filer's total
    $171,059
  • David Melo

    SR. DIRECTOR INFORMATION SERVICES

    Total calculated
    $189,781
    From this org
    $139,964
    From related orgs
    $0
    Other
    $49,817
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $139,663
    Bonus
    $0
    Other
    $301
    Deferred
    $14,627
    Nontaxable benefits
    $35,190
    Filer's total
    $189,781

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

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
2024
Filed
7 August 2026
IRS schema version
2024v5.5
Source object
202602199349300025

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