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Nonprofiteer
← MOSES CONE AFFILIATED PHYSICIANS INC

Form 990 for tax year 2023

Filed by MOSES CONE AFFILIATED PHYSICIANS INC.

Totals

Total revenue
$89,293,361
Total expenses
$89,293,361
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$89,148,942
Investment income
-$103,196
Other revenue
$247,615
Total assets, end of year
$44,836,195
Total liabilities, end of year
$206,281,555
Net assets or fund balances, end of year
-$161,445,360
Program services expenses (Part IX)
$80,364,025
Management and general expenses
$8,929,336
Fundraising expenses
$0
Program service expenses (Part III)
$80,364,025

Program services were 90.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • REGAL NORMAN

    PHYSICIAN

    Total calculated
    $1,690,221
    From this org
    $1,589,250
    From related orgs
    $0
    Other
    $100,971
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $619,386
    Bonus
    $967,092
    Other
    $2,772
    Deferred
    $55,272
    Nontaxable benefits
    $45,699
    Filer's total
    $1,690,221

  • CAGLE MD MARY JO

    DIRECTOR

    Total calculated
    $1,678,281
    From this org
    $0
    From related orgs
    $1,587,536
    Other
    $90,745
    Hours/week
    0 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $1,224,308 related
    Bonus
    $0 + $190,602 related
    Other
    $0 + $172,626 related
    Deferred
    $0 + $61,636 related
    Nontaxable benefits
    $0 + $29,109 related
    Filer's total
    $0 + $1,678,281 related

  • MATTHEWS MD JOHN

    PHYSICIAN

    Total calculated
    $1,564,947
    From this org
    $1,503,916
    From related orgs
    $0
    Other
    $61,031
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $1,162,687
    Bonus
    $333,035
    Other
    $8,194
    Deferred
    $38,044
    Nontaxable benefits
    $22,987
    Filer's total
    $1,564,947

  • HYATT MAX

    PHYSICIAN

    Total calculated
    $1,394,326
    From this org
    $1,342,926
    From related orgs
    $0
    Other
    $51,400
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $408,745
    Bonus
    $932,898
    Other
    $1,283
    Deferred
    $31,283
    Nontaxable benefits
    $20,117
    Filer's total
    $1,394,326

  • BENSIMHON MD DANIEL

    PHYSICIAN

    Total calculated
    $1,225,951
    From this org
    $1,145,969
    From related orgs
    $0
    Other
    $79,982
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $1,043,475
    Bonus
    $99,362
    Other
    $3,132
    Deferred
    $52,946
    Nontaxable benefits
    $27,036
    Filer's total
    $1,225,951

  • MCLEAN MD DALTON

    PHYSICIAN

    Total calculated
    $1,105,154
    From this org
    $1,035,238
    From related orgs
    $0
    Other
    $69,916
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $934,029
    Bonus
    $99,362
    Other
    $1,847
    Deferred
    $42,275
    Nontaxable benefits
    $27,641
    Filer's total
    $1,105,154

  • PRIEST MD MARLON

    DIRECTOR THRU 02/16/24

    Total calculated
    $984,905
    From this org
    $0
    From related orgs
    $902,565
    Other
    $82,340
    Hours/week
    0 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $752,756 related
    Bonus
    $0 + $5,587 related
    Other
    $0 + $144,222 related
    Deferred
    $0 + $72,761 related
    Nontaxable benefits
    $0 + $9,579 related
    Filer's total
    $0 + $984,905 related

  • BARROW ANDREW

    DIRECTOR

    Total calculated
    $810,934
    From this org
    $0
    From related orgs
    $719,090
    Other
    $91,844
    Hours/week
    0 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $588,769 related
    Bonus
    $0 + $53,015 related
    Other
    $0 + $77,306 related
    Deferred
    $0 + $52,500 related
    Nontaxable benefits
    $0 + $39,344 related
    Filer's total
    $0 + $810,934 related

  • PORTILLO MD MARTIN

    DIRECTOR, PRES. THRU 02/29/24

    Total calculated
    $762,877
    From this org
    $0
    From related orgs
    $719,407
    Other
    $43,470
    Hours/week
    0 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $616,665 related
    Bonus
    $0 + $25,942 related
    Other
    $0 + $76,800 related
    Deferred
    $0 + $40,001 related
    Nontaxable benefits
    $0 + $3,469 related
    Filer's total
    $0 + $762,877 related

  • CLEVELAND BEVERLY

    CHIEF FINANCIAL OFFICER

    Total calculated
    $347,479
    From this org
    $0
    From related orgs
    $308,970
    Other
    $38,509
    Hours/week
    0 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $277,232 related
    Bonus
    $0 + $3,075 related
    Other
    $0 + $28,663 related
    Deferred
    $0 + $34,277 related
    Nontaxable benefits
    $0 + $4,232 related
    Filer's total
    $0 + $347,479 related

  • BROWN CHRISTOPHER

    VICE PRESIDENT

    Total calculated
    $341,654
    From this org
    $0
    From related orgs
    $301,737
    Other
    $39,917
    Hours/week
    0 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $278,283 related
    Bonus
    $0 + $25 related
    Other
    $0 + $23,429 related
    Deferred
    $0 + $24,864 related
    Nontaxable benefits
    $0 + $15,053 related
    Filer's total
    $0 + $341,654 related

  • CURRAN WILLIAM

    PRESIDENT

    Total calculated
    $0
    Hours/week
    0 + 40 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

  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 6b · Pay contingent on a related organization's net earnings

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
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

EARNINGS CONTINGENT COMPENSATION
FORM 990, SCHEDULE J, PART I, LINE 6B OFFICERS ARE PAID BY MOSES H. CONE MEMORIAL HOSPITAL OPERATING CORPORATION, INC AND PARTICIPATE IN THE MANAGEMENT INCENTIVE COMPENSATION PROGRAM. UNDER THIS PROGRAM, A PORTION OF THE SALARY OF THOSE AT A LEVEL OF DEPARTMENT DIRECTOR AND HIGHER IS SET ASIDE AND IS CONTINGENT UPON THE HEALTH SYSTEM'S PERFORMANCE ON SEVERAL MEASURES, INCLUDING NET EARNINGS. NOTE: IF THESE MEASURES ARE NOT MET, THEIR COMPENSATION WILL BE BELOW THE MARKET LEVEL FOR THEIR JOB.

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.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

Related corporations and trusts

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

Provenance

Return type
form_990
Tax year
2023
Filed
13 August 2025
IRS schema version
2023v6.0
Source object
202542269349301209

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