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Nonprofiteer
← ST PAUL PLACE SPECIALISTS INC

Form 990 for tax year 2022

Filed by ST PAUL PLACE SPECIALISTS INC.

Totals

Total revenue
$133,724,246
Total expenses
$134,008,589
Contributions and grants received
$2,300,610
Grants paid
$0
Program service revenue
$114,776,953
Investment income
$0
Other revenue
$16,646,683
Total assets, end of year
$7,755,601
Total liabilities, end of year
$20,656,163
Net assets or fund balances, end of year
-$12,900,562
Program services expenses (Part IX)
$128,064,724
Management and general expenses
$5,943,865
Fundraising expenses
$0
Program service expenses (Part III)
$128,064,724

Program services were 95.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $2,300,610

  • 2a · Program service revenue: PATIENT SERVICE REVENUE

    total $114,776,953 · related or exempt $108,934,972 · unrelated business $5,841,981

  • 11a · Other revenue: EXPENSE RECOVERY

    total $9,220,766 · related or exempt $9,220,766

  • 11b · Other revenue: OTHER INCOME

    total $7,425,917 · related or exempt $7,425,917

  • 11e · Other revenue, total

    $16,646,683

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $88,849,588 · program services $88,849,588

  • 8 · Pension plan contributions

    total $1,563,456 · program services $1,563,456

  • 9 · Other employee benefits

    total $4,587,088 · program services $4,587,088

  • 10 · Payroll taxes

    total $3,709,747 · program services $3,709,747

  • 11a · Fees: management

    total $5,943,078 · management and general $5,943,078

  • 11g · Fees: other

    total $11,836,974 · program services $11,836,974

  • 12 · Advertising and promotion

    total $34,246 · program services $34,246

  • 13 · Office expenses

    total $2,137,452 · program services $2,137,452

  • 14 · Information technology

    total $11,190 · program services $11,190

  • 16 · Occupancy

    total $4,090,857 · program services $4,090,857

  • 17 · Travel

    total $304,273 · program services $304,273

  • 19 · Conferences, conventions and meetings

    total $282,621 · program services $282,621

  • 22 · Depreciation, depletion and amortization

    total $596,936 · program services $596,149 · management and general $787

  • 23 · Insurance

    total $5,542,618 · program services $5,542,618

  • 24a · Other expenses: MEDICAL SUPPLIES

    total $2,383,206 · program services $2,383,206

  • 24b · Other expenses: OTHER

    total $1,389,602 · program services $1,389,602

  • 24c · Other expenses: REPAIR AND MAINTENANCE

    total $745,657 · program services $745,657

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $473,672 · end of year $403,502

  • 4 · Accounts receivable

    beginning of year $10,852,761 · end of year $4,236,528

  • 8 · Inventories for sale or use

    beginning of year -$7,118 · end of year $294,384

  • 9 · Prepaid expenses and deferred charges

    beginning of year $655,289 · end of year $638,322

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

    $4,620,925

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

    $2,846,439

  • 10c · Land, buildings and equipment, net

    beginning of year $1,626,624 · end of year $1,774,486

  • 14 · Intangible assets

    beginning of year $542,848 · end of year $365,887

  • 15 · Other assets

    beginning of year $42,492 · end of year $42,492

  • 17 · Accounts payable and accrued expenses

    beginning of year $15,001,502 · end of year $14,363,543

  • 25 · Other liabilities

    beginning of year $4,983,747 · end of year $6,292,620

  • 27 · Net assets without donor restrictions

    beginning of year -$7,302,607 · end of year -$14,388,282

  • 28 · Net assets with donor restrictions

    beginning of year $1,503,926 · end of year $1,487,720

Mission and programs · 2022

Mission

TO PROVIDE SPECIALTY PHYSICIAN SERVICES TO PATIENTS OF MERCY MEDICAL CENTER.

  • ST. PAUL PLACE SPECIALISTS, INC. ("SPPS") IS A WHOLLY OWNED SUBSIDIARY OF MERCY HEALTH SERVICES, INC. ("MHS"). MHS OWNS AND OPERATES A CATHOLIC HEALTHCARE SYSTEM IN MARYLAND, UNDER THE SPONSORSHIP OF THE SISTERS OF MERCY. MHS IS ALSO THE PARENT OF MERCY MEDICAL CENTER, INC., WHICH OWNS AND OPERATES AN ACUTE CARE HOSPITAL IN DOWNTOWN BALTIMORE AS WELL AS NUMEROUS OUTPATIENT HOSPITAL SPECIALTY CLINICS, AND OF STELLA MARIS, INC., WHICH OWNS AND OPERATES A NURSING HOME, A RESIDENTIAL AND HOME HOSPICE SERVICES AND A HOME HEALTH AGENCY. SPPS EMPLOYS PHYSICIANS IN A WIDE VARIETY OF SPECIALTIES WHO PROVIDE SERVICES TO PATIENTS OF MERCY MEDICAL CENTER'S INPATIENT SERVICES AND OUTPATIENT CLINICS AND TO OTHER MEMBERS OF THE COMMUNITY THROUGHOUT CENTRAL MARYLAND AND BEYOND. SPPS'S PHYSICIANS INCLUDE THE RADIOLOGISTS AND PATHOLOGISTS WHO PROVIDE IMAGING AND CLINICAL LABORATORY SERVICES TO PATIENTS OF MERCY'S ACUTE CARE HOSPITAL. IN ADDITION, SPPS EMPLOYS A NUMBER OF HIGHLY TRAINED INTENSIVISTS WHO PROVIDE SERVICES TO PATIENTS IN MERCY'S INTENSIVE AND CRITICAL CARE UNITS, THEREBY IMPROVING THE QUALITY OF CARE FOR MERCY'S SICKEST PATIENTS. SPPS ALSO EMPLOYS MANY SPECIALISTS AND SUBSPECIALISTS WHO PROVIDE SERVICES IN MERCY'S OUTPATIENT CLINICS AND IN OFFICES LOCATED THROUGHOUT THE STATE OF MARYLAND. MHS HAS A LONG-TERM RELATIONSHIP WITH HEALTHCARE FOR THE HOMELESS, INC. ("HCH"), AN ORGANIZATION THAT PROVIDES HEALTHCARE SERVICES TO HOMELESS PEOPLE, AND SPPS PHYSICIANS PROVIDE SPECIALTY CARE TO HCH PATIENTS. SPPS PHYSICIANS ALSO PROVIDE THE MAJORITY OF ON-CALL SERVICES FOR MERCY MEDICAL CENTER AND REGULARLY PROVIDE SERVICES TO PATIENTS REFERRED BY MERCY'S EMERGENCY DEPARTMENT WHO ARE UNINSURED OR UNDERINSURED. SPPS HAS ESTABLISHED A STATEWIDE COLLABORATION WITH A NUMBER OF OTHER MARYLAND HOSPITALS TO PROVIDE GYNECOLOGIC ONCOLOGY SERVICES TO PATIENTS OF THOSE HOSPITALS THROUGH SPPS PHYSICIANS, THEREBY PROVIDING A HIGHLY SPECIALIZED SERVICE TO WOMEN WHO RESIDE IN MORE REMOTE AREAS OF THE STATE. IN FISCAL YEAR 2013, A GROUP OF OBSTETRICIANS THAT SERVE A LARGE NUMBER OF LOW-INCOME PATIENTS JOINED SPPS.DURING FISCAL YEAR 2022, SPPS PROVIDED SEVERAL COMMUNITY BENEFIT ACTIVITIES. FIRST, SPPS PROVIDED CHARITY CARE TO PATIENTS SEEN BY SPPS PHYSICIANS. SECOND, SPPS INCURRED DIRECT UNREIMBURSED COSTS AS A RESULT OF PROVIDING PHYSICIAN SERVICES TO PATIENTS IN THE EMERGENCY DEPARTMENT OF MERCY MEDICAL CENTER. FINALLY, SPPS PHYSICIANS UNDERTAKE SUBSTANTIAL DISEASE AND PREVENTION RESEARCH AT AN UNREIMBURSED COST TO SPPS. MANY SPPS PHYSICIANS PARTICIPATE IN CLINICAL RESEARCH AND IN MEDICAL EDUCATION.

    Expenses $128,064,724 · Revenue $132,123,971

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Marcella Bailey

    DIRECTOR

    Total calculated
    $261,672
    From this org
    $0
    From related orgs
    $233,893
    Other
    $27,779
    Hours/week
    15 + 25 related

    Schedule J breakdown matched by us

    Base
    $0 + $179,448 related
    Bonus
    $0 + $18,736 related
    Other
    $0 + $35,709 related
    Deferred
    $0 + $5,534 related
    Nontaxable benefits
    $0 + $22,245 related
    Filer's total
    $0 + $261,672 related

  • Claudine Baker

    DIRECTOR

    Total calculated
    $324,961
    From this org
    $0
    From related orgs
    $288,263
    Other
    $36,698
    Hours/week
    15 + 25 related

    Schedule J breakdown matched by us

    Base
    $0 + $226,006 related
    Bonus
    $0 + $25,522 related
    Other
    $0 + $36,735 related
    Deferred
    $0 + $7,039 related
    Nontaxable benefits
    $0 + $29,659 related
    Filer's total
    $0 + $324,961 related

  • Mary B Coyne

    DIRECTOR

    Total calculated
    $202,780
    From this org
    $0
    From related orgs
    $197,748
    Other
    $5,032
    Hours/week
    15 + 25 related

    Schedule J breakdown matched by us

    Base
    $0 + $152,263 related
    Bonus
    $0 + $16,361 related
    Other
    $0 + $29,124 related
    Deferred
    $0 + $4,595 related
    Nontaxable benefits
    $0 + $437 related
    Filer's total
    $0 + $202,780 related

  • Michael Mullen

    DIRECTOR

    Total calculated
    $347,481
    From this org
    $0
    From related orgs
    $308,810
    Other
    $38,671
    Hours/week
    15 + 25 related

    Schedule J breakdown matched by us

    Base
    $0 + $213,379 related
    Bonus
    $0 + $45,912 related
    Other
    $0 + $49,519 related
    Deferred
    $0 + $9,012 related
    Nontaxable benefits
    $0 + $29,659 related
    Filer's total
    $0 + $347,481 related

  • Kathleen Perry

    DIRECTOR

    Total calculated
    $600,765
    From this org
    $0
    From related orgs
    $559,371
    Other
    $41,394
    Hours/week
    5 + 35 related

    Schedule J breakdown matched by us

    Base
    $0 + $395,464 related
    Bonus
    $0 + $163,907 related
    Other
    $0
    Deferred
    $0 + $16,845 related
    Nontaxable benefits
    $0 + $24,549 related
    Filer's total
    $0 + $600,765 related

  • Christopher Thomaskutty

    DIRECTOR

    Total calculated
    $765,608
    From this org
    $0
    From related orgs
    $726,799
    Other
    $38,809
    Hours/week
    15 + 25 related

    Schedule J breakdown matched by us

    Base
    $0 + $418,826 related
    Bonus
    $0 + $307,973 related
    Other
    $0
    Deferred
    $0 + $9,150 related
    Nontaxable benefits
    $0 + $29,659 related
    Filer's total
    $0 + $765,608 related

  • Wilma Rowe MD

    DIRECTOR

    Total calculated
    $1,111,438
    From this org
    $0
    From related orgs
    $1,067,811
    Other
    $43,627
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $668,142 related
    Bonus
    $0 + $399,669 related
    Other
    $0
    Deferred
    $0 + $13,725 related
    Nontaxable benefits
    $0 + $29,902 related
    Filer's total
    $0 + $1,111,438 related

  • David N Maine MD

    PRESIDENT/CEO, EX OFFICIO

    Total calculated
    $1,961,974
    From this org
    $0
    From related orgs
    $1,923,165
    Other
    $38,809
    Hours/week
    22 + 18 related

    Schedule J breakdown matched by us

    Base
    $0 + $1,085,032 related
    Bonus
    $0 + $838,133 related
    Other
    $0
    Deferred
    $0 + $9,150 related
    Nontaxable benefits
    $0 + $29,659 related
    Filer's total
    $0 + $1,961,974 related

  • Jennifer Schwarzmann

    TREASURER/SECRETARY

    Total calculated
    $286,813
    From this org
    $0
    From related orgs
    $260,826
    Other
    $25,987
    Hours/week
    15 + 25 related

    Schedule J breakdown matched by us

    Base
    $0 + $200,186 related
    Bonus
    $0 + $22,331 related
    Other
    $0 + $38,309 related
    Deferred
    $0 + $3,581 related
    Nontaxable benefits
    $0 + $22,406 related
    Filer's total
    $0 + $286,813 related

  • Justin C Deibel

    VICE CHAIR

    Total calculated
    $1,128,932
    From this org
    $0
    From related orgs
    $1,090,123
    Other
    $38,809
    Hours/week
    5 + 35 related

    Schedule J breakdown matched by us

    Base
    $0 + $597,468 related
    Bonus
    $0 + $492,655 related
    Other
    $0
    Deferred
    $0 + $9,150 related
    Nontaxable benefits
    $0 + $29,659 related
    Filer's total
    $0 + $1,128,932 related

  • Bernard W Chang MD

    PHYSICIAN

    Total calculated
    $1,516,436
    From this org
    $1,469,404
    From related orgs
    $0
    Other
    $47,032
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $943,757
    Bonus
    $525,647
    Other
    $0
    Deferred
    $17,943
    Nontaxable benefits
    $29,089
    Filer's total
    $1,516,436

  • Joseph J Ciotola MD

    PHYSICIAN

    Total calculated
    $1,717,567
    From this org
    $1,684,764
    From related orgs
    $0
    Other
    $32,803
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $1,430,402
    Bonus
    $254,362
    Other
    $0
    Deferred
    $9,150
    Nontaxable benefits
    $23,653
    Filer's total
    $1,717,567

  • Brendan J Collins MD

    PHYSICIAN

    Total calculated
    $1,394,240
    From this org
    $1,356,682
    From related orgs
    $0
    Other
    $37,558
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $508,888
    Bonus
    $847,794
    Other
    $0
    Deferred
    $9,150
    Nontaxable benefits
    $28,408
    Filer's total
    $1,394,240

  • Charles Park MD

    PHYSICIAN

    Total calculated
    $2,487,240
    From this org
    $2,443,613
    From related orgs
    $0
    Other
    $43,627
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $786,482
    Bonus
    $1,657,131
    Other
    $0
    Deferred
    $13,725
    Nontaxable benefits
    $29,902
    Filer's total
    $2,487,240

  • Dwight D Im MD

    PHYSICIAN

    Total calculated
    $4,019,829
    From this org
    $3,971,627
    From related orgs
    $0
    Other
    $48,202
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $1,924,278
    Bonus
    $2,047,349
    Other
    $0
    Deferred
    $18,300
    Nontaxable benefits
    $29,902
    Filer's total
    $4,019,829

  • John E Topper

    FORMER VICE CHAIR (THRU 21)

    Total calculated
    $339,425
    From this org
    $0
    From related orgs
    $338,557
    Other
    $868
    Hours/week
    5 + 35 related

    Schedule J breakdown matched by us

    Base
    $0 + $112,099 related
    Bonus
    $0 + $226,458 related
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0 + $868 related
    Filer's total
    $0 + $339,425 related

  • Robert A Edwards

    FORMER DIRECTOR

    Total calculated
    $500,134
    From this org
    $0
    From related orgs
    $471,336
    Other
    $28,798
    Hours/week
    15 + 25 related

    Schedule J breakdown matched by us

    Base
    $0 + $88,509 related
    Bonus
    $0 + $69,760 related
    Other
    $0 + $313,067 related
    Deferred
    $0 + $122 related
    Nontaxable benefits
    $0 + $28,676 related
    Filer's total
    $0 + $500,134 related

  • Thomas R Mullen

    FORMER PRESIDENT/CEO, EX O

    Total calculated
    $292,833
    From this org
    $0
    From related orgs
    $266,203
    Other
    $26,630
    Hours/week
    3 + 37 related

    Schedule J breakdown matched by us

    Base
    $0 + $125,109 related
    Bonus
    $0 + $141,094 related
    Other
    $0
    Deferred
    $0 + $3,173 related
    Nontaxable benefits
    $0 + $23,457 related
    Filer's total
    $0 + $292,833 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

  • 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
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
PART I, LINE 7
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.

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.

  • TERESA HOFFMAN MD AND ASSOCIATES LLC

    OBGYN SERVICES · MD · income $5,604,734 · assets $1,577,504

    Directly controlled by SPPS

  • EMERGENCY PHYSICIANS SPPS

    EMERGENCY ROOM MEDICAL SERVICES · MD · income $4,777,930 · assets $0

    Directly controlled by SPPS

  • NEUROSURGICAL SPECIALTY SERVICES LLC

    NEUROSURGERY SERVICES · MD · income $3,339,342 · assets $120,232

    Directly controlled by SPPS

Related corporations and trusts

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

  • VASCULAR SPECIALTY SERVICES INC

    C · MEDICAL PRACTICE · MD

Provenance

Return type
form_990
Tax year
2022
Filed
5 April 2024
IRS schema version
2022v5.0
Source object
202430999349300723

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