Skip to content
Nonprofiteer
← BEEBE PHYSICAN NETWORK INC

Form 990 for tax year 2024

Filed by BEEBE PHYSICAN NETWORK INC.

Totals

Total revenue
$62,126,534
Total expenses
$112,662,619
Contributions and grants received
$520,938
Grants paid
$0
Program service revenue
$61,468,250
Investment income
$10,988
Other revenue
$126,358
Total assets, end of year
$30,015,637
Total liabilities, end of year
$440,994,931
Net assets or fund balances, end of year
-$410,979,294
Program services expenses (Part IX)
$84,414,554
Management and general expenses
$28,248,065
Fundraising expenses
$0
Program service expenses (Part III)
$84,414,554

Program services were 74.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • DAVID TAM MD

    DIRECTOR/BMC CEO

    Total calculated
    $1,541,110
    From this org
    $0
    From related orgs
    $1,493,089
    Other
    $48,021
    Hours/week
    2 + 42 related

    Schedule J breakdown matched by us

    Base
    $0 + $882,940 related
    Bonus
    $0 + $385,000 related
    Other
    $0 + $225,149 related
    Deferred
    $0 + $11,500 related
    Nontaxable benefits
    $0 + $36,521 related
    Filer's total
    $0 + $1,541,110 related
  • DELBERT KWAN

    DIRECTOR/PHYSICIAN

    Total calculated
    $1,019,157
    From this org
    $974,399
    From related orgs
    $0
    Other
    $44,758
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $671,958
    Bonus
    $298,877
    Other
    $3,564
    Deferred
    $0 + $9,128 related
    Nontaxable benefits
    $0 + $35,630 related
    Filer's total
    $974,399 + $44,758 related
  • WILLIAM CHASANOV

    CHAIRPERSON/ADMIN. PHYSICIAN

    Total calculated
    $697,508
    From this org
    $0
    From related orgs
    $673,780
    Other
    $23,728
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $488,037 related
    Bonus
    $0 + $106,106 related
    Other
    $0 + $79,637 related
    Deferred
    $0 + $11,500 related
    Nontaxable benefits
    $0 + $12,228 related
    Filer's total
    $0 + $697,508 related
  • KRISTIE ZANGARI

    DIRECTOR/PHYSICIAN

    Total calculated
    $352,935
    From this org
    $352,935
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $347,621
    Bonus
    $4,100
    Other
    $1,214
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $352,935
  • JACQUELYN WILSON EDD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • CHRISTOPHER WEEKS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 2 related
  • JOYCE ROBERT

    DIRECTOR/PHYSICIAN

    Total calculated
    $402,808
    From this org
    $359,061
    From related orgs
    $0
    Other
    $43,747
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $320,229
    Bonus
    $38,292
    Other
    $540
    Deferred
    $8,117
    Nontaxable benefits
    $35,630
    Filer's total
    $402,808
  • LEONARD LEV

    DIRECTOR/PHYSICIAN

    Total calculated
    $557,470
    From this org
    $520,555
    From related orgs
    $0
    Other
    $36,915
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $318,552
    Bonus
    $199,815
    Other
    $2,188
    Deferred
    $9,002
    Nontaxable benefits
    $27,913
    Filer's total
    $557,470
  • MATT LUKASIAK

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 2 related
  • MIKE MEOLI

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 2 related
  • RYAN KENNEDY

    TREASURER/SR VP AND CFO

    Total calculated
    $245,169
    From this org
    $0
    From related orgs
    $230,104
    Other
    $15,065
    Hours/week
    2 + 42 related

    Schedule J breakdown matched by us

    Base
    $0 + $199,632 related
    Bonus
    $0
    Other
    $0 + $30,472 related
    Deferred
    $0 + $720 related
    Nontaxable benefits
    $0 + $14,345 related
    Filer's total
    $0 + $245,169 related
  • STEVE QUIRICONI SEE SCH J NOTE

    TRESURER/BMC INTERIM CFO

    Total calculated
    $0
    Hours/week
    1 + 43 related
  • PAUL SIERZENSKI

    SENIOR VICE PRESIDENT

    Total calculated
    $820,439
    From this org
    $772,445
    From related orgs
    $0
    Other
    $47,994
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $554,932
    Bonus
    $129,950
    Other
    $87,563
    Deferred
    $11,500
    Nontaxable benefits
    $36,494
    Filer's total
    $820,439
  • ERIK D STANCOFSKI

    PHYSICIAN

    Total calculated
    $1,017,568
    From this org
    $973,726
    From related orgs
    $0
    Other
    $43,842
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $626,968
    Bonus
    $344,436
    Other
    $2,322
    Deferred
    $8,212
    Nontaxable benefits
    $35,630
    Filer's total
    $1,017,568
  • STEPHEN MARRA

    PHYSICIAN

    Total calculated
    $968,702
    From this org
    $928,644
    From related orgs
    $0
    Other
    $40,058
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $925,080
    Bonus
    $0
    Other
    $3,564
    Deferred
    $11,500
    Nontaxable benefits
    $28,558
    Filer's total
    $968,702
  • TAREK WAKED

    PHYSICIAN

    Total calculated
    $1,261,004
    From this org
    $1,227,782
    From related orgs
    $0
    Other
    $33,222
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $704,544
    Bonus
    $522,698
    Other
    $540
    Deferred
    $11,500
    Nontaxable benefits
    $21,722
    Filer's total
    $1,261,004
  • RAMAKRISHNA TATINENI

    PHYSICIAN

    Total calculated
    $834,674
    From this org
    $790,370
    From related orgs
    $0
    Other
    $44,304
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $651,795
    Bonus
    $136,253
    Other
    $2,322
    Deferred
    $11,500
    Nontaxable benefits
    $32,804
    Filer's total
    $834,674
  • MARK WILKINSON

    PHYSICIAN

    Total calculated
    $940,522
    From this org
    $898,786
    From related orgs
    $0
    Other
    $41,736
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $683,953
    Bonus
    $214,023
    Other
    $810
    Deferred
    $6,106
    Nontaxable benefits
    $35,630
    Filer's total
    $940,522

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

  • 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)

PART I, LINE 3
DURING JUNE 30, 2025 FISCAL YEAR, THE COMPENSATION COMMITTEE OF BEEBE MEDICAL CENTER INC. (BMC), THE SOLE MEMBER OF THE FILING ORGANIZATION, APPROVES THE COMPENSATION OF THE EXECUTIVE DIRECTOR. AS SUCH, THE FOLLOWING WAS USED TO ESTABLISH THE COMPENSATION: COMPENSATION COMMITTEE INDEPENDENT COMPENSATION CONSULTANT COMPENSATION SURVEY OR STUDY APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE
PART I, LINE 7
EXECUTIVES AND MANAGEMENT TEAM MEMBERS ARE ELIGIBLE FOR BONUSES IF THEY MEET SPECIFIC ORGANIZATIONAL OBJECTIVES INCLUDING QUALITY AND SAFETY ISSUES, PATIENT SATISFACTION SCORES, AND CERTAIN FINANCIAL GOALS. FOR VICE PRESIDENTS, 80% OF THEIR ELIGIBLE INCENTIVE IS BASED UPON ORGANIZATION - WIDE GOALS AND 20% IS BASED UPON INDIVIDUAL GOALS. FOR THE CEO, 100% OF THE ELIGIBLE INCENTIVE IS BASED UPON ORGANIZATION-WIDE OR TEAM GOALS. CERTAIN PHYSICIANS ARE ELIGIBLE FOR AN INCENTIVE BASED ON THE PHYSICIAN'S INDIVIDUAL PRACTICE NUMBER OF WORKED RVUS.
FORM 990, PART VII - STEVE QUIRICONI
EFFECTIVE APRIL 2023, STEVE QUIRICONI BECAME THE INTERIM CHIEF FINANCIAL OFFICER FOR BEEBE MEDICAL CENTER. QUIRICONI WAS PAID THROUGH WITT KIEFFER, AN INDEPENDENT CONSULTING FIRM. DURING CALENDAR YEAR 2024, $595,715 WAS PAID TO WITT KIEFFER FOR SERVICES PROVIDED TO THE ORGANIZATION THAT INCLUDED QUIRICONI'S COMPENSATION AS INTERIM CFO. QUIRICONI'S SERVICES TERMINATED AUGUST 2024.

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.

Disregarded entities

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

Provenance

Return type
form_990
Tax year
2024
Filed
14 May 2026
IRS schema version
2024v5.5
Source object
202601349349311980

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.