Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $1,790,029

• 2a · Program service revenue: PATIENT SERVICE REVENUE

  total $124,459,495 · related or exempt $117,407,196 · unrelated business $7,052,299

• 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: EXPENSE RECOVERY

  total $9,348,727 · related or exempt $9,348,727

• 11b · Other revenue: OTHER INCOME

  total $9,192,464 · related or exempt $9,192,464

• 11d · All other revenue

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

• 11e · Other revenue, total

  $18,541,191

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $298,127 · program services $298,127

• 7 · Other salaries and wages

  total $96,116,583 · program services $96,116,583

• 8 · Pension plan contributions

  total $1,878,965 · program services $1,878,965

• 9 · Other employee benefits

  total $5,581,308 · program services $5,581,308

• 10 · Payroll taxes

  total $4,280,504 · program services $4,280,504

• 11a · Fees: management

  total $6,526,345 · management and general $6,526,345

• 11g · Fees: other

  total $11,874,224 · program services $11,874,224 · management and general $0 · fundraising $0

• 12 · Advertising and promotion

  total $15,458 · program services $15,458

• 13 · Office expenses

  total $3,073,566 · program services $3,073,566

• 14 · Information technology

  total $14,133 · program services $14,133

• 16 · Occupancy

  total $4,889,728 · program services $4,889,728

• 17 · Travel

  total $320,138 · program services $320,138

• 19 · Conferences, conventions and meetings

  total $279,504 · program services $279,504

• 22 · Depreciation, depletion and amortization

  total $491,156 · program services $491,156

• 23 · Insurance

  total $5,473,952 · program services $5,473,952

• 24a · Other expenses: Medical Supplies

  total $2,773,273 · program services $2,773,273

• 24b · Other expenses: Other

  total $1,311,464 · program services $1,311,464

• 24c · Other expenses: REPAIR AND MAINTENANCE

  total $864,509 · program services $864,509

• 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 $403,502 · end of year $263,501

• 4 · Accounts receivable

  beginning of year $4,236,528 · end of year -$7,729,929

• 5 · Loans and receivables from officers and key people

  end of year $0

• 6 · Loans and receivables from disqualified persons

  end of year $0

• 8 · Inventories for sale or use

  beginning of year $294,384 · end of year -$5,741

• 9 · Prepaid expenses and deferred charges

  beginning of year $638,322 · end of year $785,033

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

  $4,506,908

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

  $3,174,604

• 10c · Land, buildings and equipment, net

  beginning of year $1,774,486 · end of year $1,332,304

• 12 · Investments: other securities

  beginning of year $0

• 13 · Investments: program-related

  beginning of year $0

• 14 · Intangible assets

  beginning of year $365,887 · end of year $224,036

• 15 · Other assets

  beginning of year $42,492 · end of year $54,059,463

• 17 · Accounts payable and accrued expenses

  beginning of year $14,363,543 · end of year $16,509,119

• 22 · Loans and payables to officers and key people

  end of year $0

• 25 · Other liabilities

  beginning of year $6,292,620 · end of year $3,516,500

• 27 · Net assets without donor restrictions

  beginning of year -$14,388,282 · end of year $27,146,693

• 28 · Net assets with donor restrictions

  beginning of year $1,487,720 · end of year $1,756,355

The filer's explanations (Part III)

Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation

THE ORGANIZATION RELIED ON A RELATED ORGANIZATION AND THAT RELATED ORGANIZATION USED THE FOLLOWING METHODS TO ESTABLISH THE TOP MANAGEMENT OFFICIAL'S COMPENSATION: 1. COMPENSATION COMMITTEE; 2. INDEPENDENT COMPENSATION CONSULTANT; 3. COMPENSATION SURVEY OR STUDY; 4. APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE

Schedule J, Part I, Line 7 Non-fixed payments

TO HELP INSURE THAT PHYSICIAN SALARIES ARE CONSISTENT WITH FAIR MARKET VALUE AND TO MINIMIZE THE CORPORATION'S FINANCIAL RISK WITH RESPECT TO OPERATING ITS PHYSICIAN ENTERPRISE, THE SALARIES PAID TO CERTAIN PHYSICIANS ARE BASED ON PHYSICIAN PRODUCTIVITY AS MEASURED BY PROFESSIONAL FEE REVENUE GENERATED THROUGH PATIENT CARE SERVICES PROVIDED DIRECTLY BY THE PHYSICIANS. BECAUSE THE METHODOLOGY IS BASED ON REVENUE, WE THOUGHT IT WAS APPROPRIATE TO ANSWER QUESTION 7 ON SCHEDULE J AFFIRMATIVELY AND DESCRIBE THE MODEL.

Disregarded entities

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

• TERESA HOFFMAN MD AND ASSOCIATES LLC

  obgyn services · MD · income $5,372,723 · assets $1,468,763

  Directly controlled by spps

• EMERGENCY PHYSICIANS SPPS

  EMERGENCY ROOM MEDICAL SERVICES · MD · income $5,629,242 · assets $0

  Directly controlled by spps

• NEUROSURGICAL SPECIALTY SERVICES LLC

  NEUROSURGERY SERVICES · MD · income $3,284,368 · assets -$8,029,192

  Directly controlled by spps

Related corporations and trusts

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

• VASCULAR SPECIALTY SERVICES INC

  C Corporation · MEDICAL PRACTICE · MD

  Directly controlled by NA