University of Virginia Physicians Group

EIN: 541124769 501(c)(3) Health Care

CHARLOTTESVILLE, VA

Total Revenue
$649,702,251
Total Expenses
$654,849,370
Total Assets
$527,246,214
Net Assets
$247,628,867
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1979
Legal Domicile
VA
Principal Officer
SUSAN RUMSEY
Phone
4342951000
Tax Period
2022-07-01 to 2023-06-30

UNIVERSITY OF VIRGINIA PHYSICIANS GROUP, founded in 1979, is a major nonprofit in the Health Care sector that reported $521.8M in total revenue in fiscal year 2017.

Mission

PATIENT CARE, TEACHING AND MEDICAL RESEARCH

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $4,336,874
Program Service Revenue $625,890,330
Investment Income $-499,771
Other Revenue $19,974,818
TOTAL REVENUE $649,702,251

Expense Breakdown

Grants Paid $52,563,352
Salaries & Benefits $468,884,003
Fundraising Expenses $0
Program Expenses $602,852,200
Other Expenses $133,402,015
TOTAL EXPENSES $654,849,370

Year-over-Year Comparison

2022 2021 Change
Revenue $649,702,251 $616,203,173 +0.1%
Expenses $654,849,370 $597,798,150 +0.1%
Net Income $-5,147,119 $18,405,023 -1.3%
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
25
Independent Members
14
Employees
2292
Volunteers
15

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
4
$1,510,470
Total Directors
26
$9,145,475
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CRAIG KENT MD EVP FOR HEALTH AFFAIRS 1.6
Director
$41,052 $248,075 $1,566,146
ABHINAV B CHHABRA MD PHYSICIAN/PROFESSOR 37.8
Highest
$1,163,821 $43,421 $1,544,110
JAMES GANGEMI MD PHYSICIAN/PROFESSOR 33.7
Highest
$982,039 $55,985 $1,335,531
REID ADAMS MD PHYSICIAN DIRECTOR (THRU 6/22) 19.3
Director
$816,872 $63,808 $1,294,083
STEPHEN S PARK MD PHYSICIAN/PROFESSOR 41.1
Highest
$1,002,418 $34,329 $1,251,039
WENDY HORTON UVA HEALTH CEO 0.2
Director
$0 $188,518 $1,236,574
JAMES M LARNER MD PHYSICIAN DIRECTOR 36.4
Highest
$990,834 $28,352 $1,116,952
MELINA KIBBE MD DEAN, UVA SOM 0.0
Director
$128,568 $184,197 $1,096,834
DAVID DIDUCH MD PHYSICIAN/PROFESSOR 37.8
Highest
$999,048 $365 $999,413
JENNIFER W DAVIS UVA EXECUTIVE VP 0.3
Director
$0 $160,251 $880,311
ART SAAVEDRA MD PHYS. DIR./UPG PRES(THRU 4/23) 38.3
Officer
$663,670 $28,869 $852,933
ALAN H MATSUMOTO MD FACULTY ELECTED DIR. 39.2
$626,765 $32,774 $809,712
PETER NETLAND MD PHYSICIAN DIRECTOR 0.0
Director
$410,148 $43,736 $652,379
MITCHELL H ROSNER MD CHAIR, MEDICINE 10.33
$150,528 $63,094 $640,021
MARGARET CLARKE TRACCI VICE CHAIR OF THE BOARD 40.0
Director
$494,732 $25,578 $618,546
LI LI MD PHYSICIAN DIRECTOR 36.4
Director
$152,655 $48,872 $467,689
GREGORY B FAIRCHILD PHD MBA ELECTED PUBLIC MEMBR 0.0
$0 $60,105 $451,395
SUSAN RUMSEY CHIEF FINANCIAL OFFICER 59.0
Officer
$420,392 $28,901 $449,293
MO NADKARNI MD PHYSICIAN DIRECTOR 26.3
Director
$182,366 $39,725 $379,549
J COREY FEIST CEO, UPG 59.0
$56,577 $2,402 $343,979
ROBERT H THIELE MD Physician Director 40.0
Director
$182,029 $32,498 $332,849
LAURA MORGAN ROBERTS ELECTED PUBLIC MEMBER 0.2
Director
$0 $31,768 $313,803
REBEKAH COMPTON ADVANCE PRACT PRV DR. 50.0
Director
$278,180 $28,532 $306,712
MARC RICKABAUGH DIR. OF FINANCE/CORP.TREASURER 59.0
Officer
$182,905 $25,339 $208,244
SCOTT SYVERUD MD PUBLIC DIRECTOR 36.4
$0 $12,770 $61,410
CLAIRE W GARGALLI ELECTED PUBLIC MEMBER 0.7
Director
$0 $0 $0
JULIE SPEASMAKER ELECTED PUBLIC MEMBER 0.7
Director
$0 $0 $0
LOUISE MCNAMEE ELECTED PUBLIC MEMBER 0.5
Director
$0 $0 $0
MARK LORENZONI ELECTED PUBLIC MEMBER 0.2
Director
$0 $0 $0
TOM DANIEL MD ELECTED PUBLIC MEMBER 0.5
Director
$0 $0 $0
MARK ROBERTS CPA ELECTED PUBLIC MEMBER 0.5
Director
$0 $0 $0
DREW HOLZWARTH ELECTED PUBLIC MEMBER 0.7
Director
$0 $0 $0
GLORIA ROCKHOLD ELECTED PUBLIC MEMBER 0.5
Director
$0 $0 $0
Mr Jeff Burton ELECTED PUBLIC MEMBER 0.5
Director
$0 $0 $0
Kelli Palmer ELECTED PUBLIC MEMBER 0.5
Director
$0 $0 $0
Michael Guthrie ELECTED PUBLIC MEMBER 0.5
Director
$0 $0 $0
Sharon Hostler ELECTED PUBLIC MEMBER 0.5
Director
$0 $0 $0
Craig Wood ELECTED PUBLIC MEMBER 0.5
Director
$0 $0 $0
BABUR B LATEEF MD UVA BOARD OF VISITORS 0.3
Director
$0 $0 $0
J Scott Just MD ceo (AS OF 5/30/23) 59.0
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
2025 No data No data No data No data
2024 No data No data No data No data
2023 $649,702,251 $654,849,370 $527,246,214 $-5,147,119
2022 $616,203,173 $597,798,150 $453,851,421 $18,405,023
2021 $580,982,808 $574,505,365 $487,439,220 $6,477,443
2020 $549,269,430 $548,661,370 $419,469,334 $608,060
2019 $547,964,169 $549,033,344 $380,137,541 $-1,069,175
2018 $521,849,620 $523,288,103 $342,945,105 $-1,438,483
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