UNION ASSOCIATED PHYSICIANS CLINIC LLC (EIN 270581401) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2009

Legal Domicile

Principal Officer

MATTHEW NEALON

Phone

8122387601

Tax Period

2023-01-01 to 2023-12-31

UNION ASSOCIATED PHYSICIANS CLINIC LLC, founded in 2009, is a mid-sized nonprofit that reported $69.1M in total revenue in fiscal year 2023. Revenue decreased 11% compared to the prior year. Expenses of $125.2M exceeded revenue, resulting in a 81% operating deficit.

Mission

PROVIDE AND COORDINATE INPATIENT AND OUTPATIENT MEDICAL CARE FOR THE PATIENTS AND COMMUNITY MEMBERS SERVED BY UNION HOSPITAL TERRE HAUTE, UNION HOSPITAL CLINTON, AND THE SYSTEM'S OTHER HEALTH CARE PROVIDERS.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $53,340,166

Investment Income $172

Other Revenue $15,782,021

TOTAL REVENUE $69,122,359

Expense Breakdown

Grants Paid $84

Salaries & Benefits $84,488,325

Fundraising Expenses $0

Program Expenses $107,677,939

Other Expenses $40,723,653

TOTAL EXPENSES $125,212,062

Year-over-Year Comparison

	2023	2022	Change
Revenue	$69,122,359	$77,839,041	-0.1%
Expenses	$125,212,062	$123,131,197	+0.0%
Net Income	$-56,089,703	$-45,292,156	+0.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

193

Volunteers

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

$3,176,115

Total Directors

$737,197

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROBERT COONS	CHAIR	2.00	Officer Director	$0	$0	$0
MOLLY CALLAHAN	VICE CHAIR	2.00	Officer Director	$0	$0	$0
LUKE TERRY	TREASURER	2.00	Officer Director	$0	$0	$0
DAN DEBARD	PAST CHAIR	2.00	Officer Director	$0	$0	$0
JOHN AIDOO	MEMBER	2.00	Director	$0	$0	$0
KATHLEEN COUTINHO MD	MEMBER	2.00	Director	$0	$23,753	$423,467
MARY DOTI	SECRETARY	2.00	Officer Director	$0	$0	$0
JOHN ETLING	MEMBER	2.00	Director	$0	$0	$0
KENNETH KIGORWE MD	MEMBER	2.00	Director	$0	$41,448	$313,730
SARA SMITH	MEMBER	2.00	Director	$0	$0	$0
DON SCOTT	MEMBER	2.00	Director	$0	$0	$0
TIM SULLIVAN	MEMBER	2.00	Director	$0	$0	$0
STEVEN HOLMAN	PRESIDENT & CEO	20.00	Officer	$0	$40,333	$1,687,811
MATTHEW NEALON	ASST TREASURER/SR VP FINAN	7.00	Officer	$0	$44,768	$784,989
MARC KEILMAN	VP PHYSICIAN SERVICES	40.00	Officer	$208,793	$35,756	$244,549
JOHN GILBREATH	EXECUTIVE DIRECTOR	40.00	Officer	$288,649	$20,118	$308,767
MICHELE JOHNSON	NON-VOTING ASST. SECRETARY	2.00	Officer	$0	$30,930	$149,999
GIRISH KUNAPAREDDY	PHYSICIAN	40.00	Highest	$1,806,818	$39,551	$1,846,369
STEVEN FERN	PHYSICIAN	40.00	Highest	$1,379,113	$35,558	$1,414,671
SURESH KUNAPAREDDY	PHYSICIAN	40.00	Highest	$1,111,854	$40,179	$1,152,033
SHANTI PATEL	PHYSICIAN	40.00	Highest	$1,635,067	$38,776	$1,673,843
SAMI JAAFAR	PHYSICIAN	40.00	Highest	$1,257,855	$40,857	$1,298,712
AMY HOCK	FORMER ASST. SECRETARY	0.00		$0	$39,986	$511,134

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
2024	No data	No data	No data	No data
2023	$69,122,359	$125,212,062	$18,979,092	$-56,089,703
2022	$77,839,041	$123,131,197	$17,633,719	$-45,292,156
2021	$77,508,115	$129,912,444	$16,610,393	$-52,404,329
2020	$76,800,960	$107,763,857	$29,907,028	$-30,962,897
2019	$74,809,055	$108,176,970	$35,153,954	$-33,367,915
2018	$66,424,370	$95,445,122	$40,844,083	$-29,020,752

UNION ASSOCIATED PHYSICIANS CLINIC LLC