Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $40,300

• 1e · Government grants (contributions)

  $347,000

• 1f · All other contributions, gifts and grants

  $76,359

• 2a · Program service revenue: NETWORK FUNDING

  total $64,610,328 · related or exempt $64,610,328

• 2b · Program service revenue: PATIENT VISITS

  total $32,204,138 · related or exempt $32,204,138

• 2c · Program service revenue: RESIDENCY REVENUE

  total $505,920 · related or exempt $505,920

• 7a · Gross sales of assets other than inventory

  other assets $18,825

• 7b · Less cost or other basis and sales expenses

  other assets $0

• 7c · Gain or loss

  other assets $18,825

• 7d · Net gain or loss

  total $18,825 · excluded $18,825

• 11a · Other revenue: EXPENSE REIMBURSEMENT

  total $982,541 · excluded $982,541

• 11e · Other revenue, total

  $982,541

Functional expenses

Part IX, the statement of functional expenses.

• 11a · Fees: management

  total $8,228,347 · program services $833,727 · management and general $7,394,620

• 11b · Fees: legal

  total $13,200 · management and general $13,200

• 11c · Fees: accounting

  total $12,550 · management and general $12,550

• 11g · Fees: other

  total $59,922,644 · program services $43,089,269 · management and general $16,833,375

• 12 · Advertising and promotion

  total $7,057 · management and general $7,057

• 13 · Office expenses

  total $2,643,350 · program services $2,368,802 · management and general $274,548

• 14 · Information technology

  total $5,083,204 · program services $5,083,204

• 16 · Occupancy

  total $3,013,185 · program services $8,782,507 · management and general -$5,769,322

• 17 · Travel

  total $105,823 · program services $82,582 · management and general $23,241

• 19 · Conferences, conventions and meetings

  total $17,322 · program services $16,922 · management and general $400

• 20 · Interest

  total $1,078,660 · program services $22,365 · management and general $1,056,295

• 22 · Depreciation, depletion and amortization

  total $7,249,251 · program services $2,205,119 · management and general $5,044,132

• 23 · Insurance

  total $83,486 · management and general $83,486

• 24a · Other expenses: PHARMACEUTICALS

  total $8,551,372 · program services $8,551,372

• 24b · Other expenses: LAB & MED SUPPLIES

  total $2,388,855 · program services $2,388,855

• 24c · Other expenses: B&O TAXES

  total $695,507 · program services $695,507

• 24d · Other expenses: REPAIRS AND MAINTENANCE

  total $642,246 · program services $642,113 · management and general $133

• 24e · All other expenses

  total $26,583 · program services $20,119 · management and general $6,464

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $4,869,599 · end of year $6,332,560

• 4 · Accounts receivable

  beginning of year $9,675,549 · end of year $10,686,794

• 8 · Inventories for sale or use

  beginning of year $471,433 · end of year $509,353

• 9 · Prepaid expenses and deferred charges

  beginning of year $113,873

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

  $30,931,699

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

  $13,619,153

• 10c · Land, buildings and equipment, net

  beginning of year $12,611,704 · end of year $17,312,546

• 15 · Other assets

  beginning of year $36,773,172 · end of year $30,219,282

• 17 · Accounts payable and accrued expenses

  beginning of year $8,379,646 · end of year $15,763,683

• 24 · Unsecured notes and loans payable

  beginning of year $337,844 · end of year $250,160

• 25 · Other liabilities

  beginning of year $40,018,463 · end of year $34,244,546

• 27 · Net assets without donor restrictions

  beginning of year $15,719,377 · end of year $14,766,529

• 28 · Net assets with donor restrictions

  beginning of year $60,000 · end of year $35,617

The filer's explanations (Part III)

PART I, LINE 3:

COMPENSATION OF THE NETWORK EXECUTIVE DIRECTOR IS REVIEWED BY REPRESENTATIVES OF UW MEDICINE. THE REVIEW RELIES ON COMPARISON OF COMPENSATION TO SIMILARLY SITUATED INDIVIDUALS, IN LIKE-SIZED ORGANIZATIONS ENGAGED IN SIMILAR ACTIVITIES. THE COMPENSATION COMPARISON DATA IS REVIEWED BY DISINTERESTED EMPLOYEES OF UW MEDICINE. THE REVIEW IS PERFORMED REGULARLY AND DOCUMENTATION IS MAINTAINED BY THE SCHOOL OF MEDICINE.

PART I, LINE 4A:

ANTHONY DORSCH RECEIVED A SEVERANCE PAYMENT FROM RELATED ORGANIZATIONS TOTALING $91,314 IN CALENDAR YEAR 2023.

PART II:

UW PHYSICIANS NETWORK IS A GROUP OF CLINICS ESTABLISHED TO SUPPORT THE UNIVERSITY OF WASHINGTON SCHOOL OF MEDICINE, HARBORVIEW MEDICAL CENTER, AND THE UNIVERSITY OF WASHINGTON MEDICAL CENTER, AND TO PROVIDE ADDITIONAL SITES OF PRACTICE FOR FACULTY PHYSICIANS AND ADVANCED PRACTICE PROVIDERS WHO ARE MEMBERS OF UW PHYSICIANS (UWP). UWP IS THE GROUP PRACTICE FOR SCHOOL OF MEDICINE FACULTY PROVIDERS WHO PROVIDE CLINICAL CARE PRIMARILY TO ADULT PATIENTS. UWP EMPLOYS THE CLINICIANS AND, THROUGH THE SCHOOL OF MEDICINE, ASSIGNS THESE PROVIDERS TO PROVIDE CLINICAL CARE TO PATIENTS AND ADMINISTRATIVE SERVICES AT THE UW PHYSICIANS NETWORK CLINICS. COMPENSATION OF EACH UWP CLINICIAN AT THE NETWORK CLINICS ADHERES TO A WRITTEN UWP INCOME DISTRIBUTION PLAN THAT IS DESIGNED FOR THE CLINICAL PRACTICE AT THE NETWORK CLINICS. COMPENSATION GENERALLY IS BASED ON THE PERSONAL PRODUCTIVITY AND ACTIVITIES OF THE INDIVIDUAL CLINICIAN. THE SCHOOL OF MEDICINE ESTABLISHES AND ROUTINELY REVIEWS COMPENSATION OF EACH UWP CLINICIAN. COMPENSATION OF EACH INDIVIDUAL IS SUBJECT TO AN INDIVIDUAL COMPENSATION CAP ESTABLISHED BY THE SCHOOL. CERTAIN NON-PROVIDER CLINICAL STAFF WORK AT THE CLINICS TO SUPPORT THE PHYSICIAN'S PRACTICE. THESE CLINICIANS ARE UNIVERSITY OF WASHINGTON EMPLOYEES AND ARE PAID A FIXED SALARY BY UW FUNDED THROUGH A SHARED SERVICE AGREEMENT BETWEEN UW PHYSICIANS NETWORK AND UNIVERSITY OF WASHINGTON.