Skip to content
Nonprofiteer
← DUKE UNIVERSITY AFFILIATED PHYSICANS INC

Form 990 for tax year 2023

Filed by DUKE UNIVERSITY AFFILIATED PHYSICANS INC.

Totals

Total revenue
$230,451,132
Total expenses
$282,885,401
Contributions and grants received
$0
Grants paid
$0
Program services expenses (Part IX)
$239,295,484
Management and general expenses
$43,589,917
Fundraising expenses
$0
Program service expenses (Part III)
$239,295,484

Program services were 84.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • THOMAS A OWENS MD

    DIRECTOR/VICE PRESIDENT

    Total calculated
    $1,679,482
    From this org
    $0
    From related orgs
    $1,586,319
    Other
    $93,163
    Hours/week
    0.1 + 62.6 related

    Schedule J breakdown matched by us

    Base
    $0 + $1,030,767 related
    Bonus
    $0 + $533,052 related
    Other
    $0 + $22,500 related
    Deferred
    $0 + $40,376 related
    Nontaxable benefits
    $0 + $56,124 related
    Filer's total
    $0 + $1,682,819 related

  • CRAIG T ALBANESE MD

    PART YEAR DIRECTOR/PRESIDENT

    Total calculated
    $2,036,143
    From this org
    $0
    From related orgs
    $1,979,770
    Other
    $56,373
    Hours/week
    0.1 + 42.2 related

    Schedule J breakdown matched by us

    Base
    $0 + $1,394,770 related
    Bonus
    $0 + $562,500 related
    Other
    $0 + $22,500 related
    Deferred
    $0 + $40,376 related
    Nontaxable benefits
    $0 + $20,543 related
    Filer's total
    $0 + $2,040,689 related

  • ROBERT N WILLIS

    PART YEAR DIRECTOR/TREASURER

    Total calculated
    $793,666
    From this org
    $0
    From related orgs
    $735,941
    Other
    $57,725
    Hours/week
    0.1 + 50.6 related

    Schedule J breakdown matched by us

    Base
    $0 + $481,360 related
    Bonus
    $0 + $232,081 related
    Other
    $0 + $22,500 related
    Deferred
    $0 + $40,376 related
    Nontaxable benefits
    $0 + $18,862 related
    Filer's total
    $0 + $795,179 related

  • RICHARD P SHANNON MD

    PART YEAR DIRECTOR

    Total calculated
    $1,209,744
    From this org
    $0
    From related orgs
    $1,150,357
    Other
    $59,387
    Hours/week
    0.1 + 40.1 related

    Schedule J breakdown matched by us

    Base
    $0 + $761,949 related
    Bonus
    $0 + $365,908 related
    Other
    $0 + $22,500 related
    Deferred
    $0 + $40,376 related
    Nontaxable benefits
    $0 + $25,886 related
    Filer's total
    $0 + $1,216,619 related

  • LISA M GOODLETT

    PART YEAR DIRECTOR/PART YEAR TREASURER

    Total calculated
    $0
    Hours/week
    0.1 + 40.5 related

  • LAURA HUFFMAN LOCKAMY

    SECRETARY

    Total calculated
    $288,822
    From this org
    $0
    From related orgs
    $239,922
    Other
    $48,900
    Hours/week
    0.1 + 40.1 related

    Schedule J breakdown matched by us

    Base
    $0 + $194,922 related
    Bonus
    $0 + $45,000 related
    Other
    $0
    Deferred
    $0 + $29,548 related
    Nontaxable benefits
    $0 + $19,960 related
    Filer's total
    $0 + $289,430 related

  • ELIZABETH LONG

    CHIEF OPERATING OFFICER, DPC

    Total calculated
    $312,229
    From this org
    $262,814
    From related orgs
    $0
    Other
    $49,415
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $238,380
    Bonus
    $24,434
    Other
    $0
    Deferred
    $32,297
    Nontaxable benefits
    $17,834
    Filer's total
    $312,945

  • KEVIN SHAH MD

    CHIEF MEDICAL OFFICER, DPC

    Total calculated
    $491,012
    From this org
    $437,193
    From related orgs
    $0
    Other
    $53,819
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $385,330
    Bonus
    $51,863
    Other
    $0
    Deferred
    $40,376
    Nontaxable benefits
    $14,663
    Filer's total
    $492,232

  • BRUCE T PEYSER MD

    PHYSICIAN

    Total calculated
    $451,323
    From this org
    $401,092
    From related orgs
    $0
    Other
    $50,231
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $299,968
    Bonus
    $62,957
    Other
    $38,167
    Deferred
    $40,376
    Nontaxable benefits
    $10,766
    Filer's total
    $452,234

  • RUSHAD SHROFF

    PHYSICIAN

    Total calculated
    $440,001
    From this org
    $377,223
    From related orgs
    $0
    Other
    $62,778
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $202,773
    Bonus
    $151,950
    Other
    $22,500
    Deferred
    $40,376
    Nontaxable benefits
    $23,089
    Filer's total
    $440,688

  • JOHN YEATTS

    PHYSICIAN

    Total calculated
    $499,994
    From this org
    $441,683
    From related orgs
    $0
    Other
    $58,311
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $335,190
    Bonus
    $98,806
    Other
    $7,687
    Deferred
    $40,376
    Nontaxable benefits
    $18,987
    Filer's total
    $501,046

  • LAURA HARDIN-LEE

    PHYSICIAN

    Total calculated
    $466,846
    From this org
    $411,672
    From related orgs
    $0
    Other
    $55,174
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $202,410
    Bonus
    $186,762
    Other
    $22,500
    Deferred
    $40,287
    Nontaxable benefits
    $15,473
    Filer's total
    $467,432

  • ALEXANDRE HUIN

    PHYSICIAN

    Total calculated
    $429,629
    From this org
    $377,641
    From related orgs
    $0
    Other
    $51,988
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $233,903
    Bonus
    $138,823
    Other
    $4,915
    Deferred
    $40,376
    Nontaxable benefits
    $12,304
    Filer's total
    $430,321

  • WILLIAM J FULKERSON MD

    FORMER OFFICER

    Total calculated
    $1,212,324
    From this org
    $0
    From related orgs
    $1,165,071
    Other
    $47,253
    Hours/week
    0 + 56 related

    Schedule J breakdown matched by us

    Base
    $0 + $425,821 related
    Bonus
    $0 + $716,750 related
    Other
    $0 + $22,500 related
    Deferred
    $0 + $40,376 related
    Nontaxable benefits
    $0 + $8,206 related
    Filer's total
    $0 + $1,213,653 related

  • JOHN P MORDACH

    FORMER DIRECTOR

    Total calculated
    $568,867
    From this org
    $0
    From related orgs
    $523,330
    Other
    $45,537
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0 + $242,876 related
    Bonus
    $0 + $276,704 related
    Other
    $0 + $3,750 related
    Deferred
    $0 + $40,376 related
    Nontaxable benefits
    $0 + $5,954 related
    Filer's total
    $0 + $569,660 related

  • CHRISTY M GUDAITIS

    FORMER OFFICER

    Total calculated
    $515,169
    From this org
    $0
    From related orgs
    $457,673
    Other
    $57,496
    Hours/week
    0 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $414,673 related
    Bonus
    $0 + $25,000 related
    Other
    $0 + $18,000 related
    Deferred
    $0 + $40,376 related
    Nontaxable benefits
    $0 + $18,411 related
    Filer's total
    $0 + $516,460 related

  • JOHN B ANDERSON JR MD

    FORMER KEY EMPLOYEE

    Total calculated
    $253,089
    From this org
    $212,654
    From related orgs
    $0
    Other
    $40,435
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $198,334
    Bonus
    $14,320
    Other
    $0
    Deferred
    $25,601
    Nontaxable benefits
    $15,449
    Filer's total
    $253,704

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 — 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

  • 2 · Substantiation required before reimbursing expenses
  • 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)

SCHEDULE J, PART I, LINE 7
NON-FIXED PAYMENTS DUKE UNIVERSITY AFFILIATED PHYSICIANS, INC. MAINTAINS AN EXECUTIVE INCENTIVE COMPENSATION PLAN. PAYMENTS UNDER THE PLAN ARE BASED ON PRE-ESTABLISHED PERFORMANCE METRICS AND A FIXED CALCULATION METHODOLOGY APPROVED BY THE DUKE UNIVERSITY HEALTH SYSTEM, INC. COMPENSATION COMMITTEE WITH ASSISTANCE AND INPUT FROM AN EXECUTIVE COMPENSATION CONSULTING FIRM ASSURING COMPARABILITY WITH SIMILAR SYSTEMS. THE PLAN ALLOWS FOR A MODIFICATION TO AN INDIVIDUAL'S INCENTIVE PAYMENT BASED ON LEADERSHIP COMPETENCIES AND OTHER FACTORS WITH PAYOUTS (AND MODIFICATIONS, IF ANY) APPROVED BY THE DUKE UNIVERSITY HEALTH SYSTEM, INC. COMPENSATION COMMITTEE.

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.

Provenance

Return type
form_990
Tax year
2023
Filed
18 March 2025
IRS schema version
2023v6.0
Source object
202511339349305416

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.