INTERVENTIONAL ASSOCIATES OF MEMPHIS PC

EIN: 201082435 501(c)(3)

MEMPHIS, TN

Total Revenue
N/A
Total Expenses
$2,735
Total Assets
$264,491
Net Assets
$264,491
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
TN
Principal Officer
ROBERT B CANADA MD
Phone
9018668015
Tax Period
2019-01-01 to 2019-12-31

Mission

THE MISSION OF INTERVENTIONAL ASSOCIATES OF MEMPHIS, PC IS TO DELIVER HIGH QUALITY HEALTH AND MEDICAL SERVICE THROUGH:-LEADING EDGE CLINCIAL PRACTICE IN THE ACADEMIC SETTING, -EXCELLENCE IN SERVICE AND SATISFACTION, AND-AVAILABILITY, ACCESSIBILITY, AND CONVENIENCE FOR THE PATIENTIN SUPPORT OF THE COLLEGE OF MEDICINE OF THE UNIVERSITY OF TENNESSEE HEALTH SCIENCE CENTER.

Program Service Accomplishments

Program 1
Expenses: $2,735

INTERVENTIONAL ASSOCIATES OF MEMPHIS, PC (IAM) IS A NONPROFIT EDUCATIONAL, RESEARCH AND CHARITABLE ORGANIZATION INCORPORATED IN THE STATE OF TENNESSEE THAT ENGAGES IN THE PRACTICE OF INTERVENTIONAL...

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INTERVENTIONAL ASSOCIATES OF MEMPHIS, PC (IAM) IS A NONPROFIT EDUCATIONAL, RESEARCH AND CHARITABLE ORGANIZATION INCORPORATED IN THE STATE OF TENNESSEE THAT ENGAGES IN THE PRACTICE OF INTERVENTIONAL RADIOLOGY IN CONNECTION WITH UT MEDICAL GROUP, INC., A TENNESSEE 501(C)(3) ORGANIZATION, AND THAT FULFILLS THE ACADEMIC, TEACHING AND RESEARCH RESPONSIBILITIES OF THE FACULTY PHYSICIANS IN THE CONNECTION WITH THE UNIVERSITY OF TENNESSEE HEALTH SCIENCE CENTER (UTHSC) COLLEGE OF MEDICINE.DURING THE REPORTING PERIOD INTERVENTIONAL ASSOCIATES OF MEMPHIS, PC (IAM) WAS IN THE PROCESS OF THE WINDING DOWN ITS OPERATIONS AS UT MEDICAL GROUP, INC. NO LONGER PRACTICE IN INTERVENTIONAL RADIOLOGY AND THE ASSOCIATED CONTRACTS WITH IAM WERE CANCELLED.

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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 (2019)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $2,735
Other Expenses $2,735
TOTAL EXPENSES $2,735

Year-over-Year Comparison

2019 2018 Change
Revenue N/A N/A N/A
Expenses $2,735 $3,855 -0.3%
Net Income N/A $-3,855 N/A
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
2
Independent Members
N/A
Employees
N/A
Volunteers
N/A

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
2
$526,080
Total Directors
1
$526,080
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROBERT B CANADA MD OFFICER/DIRECTOR 1.00
Officer Director
$0 $31,345 $526,080
SHANNON TACKER OFFICER 1.00
Officer
$0 $0 $0
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
2019 No data $2,735 $264,491 No data
2018 No data $3,855 $1,032,755 No data
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