USF HEALTH PROFESSIONS CONFERENCING CORPORATION

EIN: 161765073 501(c)(3) Education

TAMPA, FL

Total Revenue
$16,475,261
Total Expenses
$16,370,826
Total Assets
$17,901,413
Net Assets
$4,281,636
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2005
Legal Domicile
FL
Principal Officer
YASUHARU OKUDA
Phone
8132247840
Tax Period
2023-07-01 to 2024-06-30

USF HEALTH PROFESSIONS CONFERENCING CORPORATION, founded in 2005, is a mid-sized nonprofit in the Education sector that reported $16.5M in total revenue in fiscal year 2023.

Mission

THE MISSION OF USF HEALTH PROFESSIONS CONFERENCING CORPORATION (HPCC), A DIRECT SUPPORT ORGANIZATION AND FLORIDA NOT-FOR-PROFIT CORPORATION, IS TO SUPPORT THE UNIVERSITY MISSIONS OF ACADEMIC EXCELLENCE, (CONTINUED ON SCHEDULE O)TOP-IMPACT RESEARCH, AND BENEFICIAL COMMUNITY SERVICE, CONSISTENT WITH THE GOALS OF THE UNIVERSITY OF SOUTH FLORIDA AND ITS BOARD OF TRUSTEES. HPCC STRIVES TO ACHIEVE THAT SUPPORT BY CREATING AND PROVIDING EXPERIENTIAL LEARNING THAT IMPROVES CLINICAL SKILLS AND PATIENT CARE IN OUR COMMUNITY AND AROUND THE GLOBE WITH HANDS ON TRAINING AT ITS CENTER FOR ADVANCED MEDICAL LEARNING AND SIMULATION AS WELL AS ACCREDITED DIDACTIC TRAINING ONLINE AND AT VENUES THROUGHOUT THE COUNTRY.

Program Service Accomplishments

Program 1
Expenses: $14,978,955 Revenue: $7,982,361

THE ORGANIZATION PROVIDES STUDENTS AND HEALTHCARE PROFESSIONALS (PHYSICIANS, NURSES, PHYSICAL THERAPISTS, SOCIAL WORKERS, PSYCHOLOGISTS, MENTAL HEALTH PROFESSIONALS, AND PHARMACISTS) WITH HIGH...

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THE ORGANIZATION PROVIDES STUDENTS AND HEALTHCARE PROFESSIONALS (PHYSICIANS, NURSES, PHYSICAL THERAPISTS, SOCIAL WORKERS, PSYCHOLOGISTS, MENTAL HEALTH PROFESSIONALS, AND PHARMACISTS) WITH HIGH QUALITY, AFFORDABLE EDUCATIONAL EXPERIENCES THAT RESPOND TO THEIR EDUCATIONAL AND PROFESSIONAL NEEDS AND INTERESTS TO MAINTAIN AND ENHANCE THE KNOWLEDGE, CLINICAL SKILLS, AND PRACTICE BEHAVIORS REQUIRED FOR EXCELLENCE IN PATIENT CARE. DURING THE YEAR ENDED JUNE 30, 2024, THE ORGANIZATION PROVIDED CONTINUING PROFESSIONAL DEVELOPMENT TO 45,927 PARTICIPANTS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $8,233,885
Program Service Revenue $7,784,483
Investment Income $13,945
Other Revenue $442,948
TOTAL REVENUE $16,475,261

Expense Breakdown

Grants Paid $0
Salaries & Benefits $4,473,469
Fundraising Expenses $0
Program Expenses $14,978,955
Other Expenses $11,897,357
TOTAL EXPENSES $16,370,826

Year-over-Year Comparison

2023 2022 Change
Revenue $16,475,261 $15,267,319 +0.1%
Expenses $16,370,826 $14,072,107 +0.2%
Net Income $104,435 $1,195,212 -0.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
8
Independent Members
6
Employees
48
Volunteers
7

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$1,356,141
Total Directors
9
$1,745,743
Key Employees
1
$355,386
Highest Compensated
4
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHARLES J LOCKWOOD MD MHCM DIRECTOR 1.00
Director
$0 $50,511 $1,314,201
MARK TAYLOR DIRECTOR 1.00
Director
$0 $35,126 $431,542
JEFFERY S SPARLING CHAIRPERSON 1.00
Officer Director
$0 $0 $0
SANTIAGO CORRADA DIRECTOR 1.00
Director
$0 $0 $0
HAROLD MULLIS DIRECTOR 1.00
Director
$0 $0 $0
LINDA OLSON DIRECTOR 1.00
Director
$0 $0 $0
LYNDA REMUND DIRECTOR 1.00
Director
$0 $0 $0
JIM SHIMBERG DIRECTOR 1.00
Director
$0 $0 $0
CHARLES POZNER MD DIRECTOR (TERM END 4/15/24) 1.00
Director
$0 $0 $0
YASUHARU OKUDA CEO, EXECUTIVE DIRECTOR 40.00
Officer
$0 $36,091 $469,727
STEVE OMLI SECRETARY/TREASURER 1.00
Officer
$0 $34,128 $385,098
LEIGH DREXLER CONTROLLER USF MORSANI COLLEGE OF MEDICINE 1.00
Officer
$0 $36,361 $292,237
GREGORY VANNETTE CFO 40.00
Officer
$0 $19,435 $209,079
TODD WILLS ASSOCIATE DEAN CONT. PROFESSIONAL DEVELOPMENT 7.00
Key Emp
$0 $35,029 $355,386
MELISSA MILNER DIRECTOR OF CLINICAL SIMULATION 40.00
Highest
$0 $27,875 $162,452
LUIS LLERENA MEDICAL DIRECTOR, PROFESSOR 20.00
Highest
$0 $16,896 $154,849
PAUL AYRES DIRECTOR OF BUSINESS DEVELOPMENT AND MARKETING 40.00
Highest
$0 $25,747 $151,045
COLLEEN REINER DIRECTOR OF EDUCATION & RESEARCH ADMINISTRATION 40.00
Highest
$0 $26,058 $133,362
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $16,475,261 $16,370,826 $17,901,413 $104,435
2023 $15,267,319 $14,072,107 $17,186,813 $1,195,212
2022 $17,025,476 $16,522,741 $17,834,474 $502,735
2021 $9,021,259 $10,104,937 $18,416,393 $-1,083,678
2020 $14,618,173 $15,194,369 $21,554,975 $-576,196
2019 $18,110,020 $16,878,360 $23,463,342 $1,231,660
2018 $16,163,322 $14,425,754 $22,820,309 $1,737,568
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