UNIVERSITY PHYSICIANS & SURGEONS INC

EIN: 550564945 501(c)(3)

HUNTINGTON, WV

Total Revenue
$260,739,984
Total Expenses
$250,045,944
Total Assets
$173,806,802
Net Assets
$75,562,449
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1976
Legal Domicile
WV
Principal Officer
BETH HAMMERS
Phone
3046911650
Tax Period
2023-07-01 to 2024-06-30

UNIVERSITY PHYSICIANS & SURGEONS INC, founded in 1976, is a major nonprofit that reported $260.7M in total revenue in fiscal year 2023. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $250.0M left a modest 4% surplus.

Mission

UNIVERSITY PHYSICIANS & SURGEONS, INC. IS A NOT-FOR-PROFIT ORGANIZATION INCORPORATED IN THE STATE OF WEST VIRGINIA. THE MEMBERSHIP OF THE ORGANIZATION CONSISTS OF PHYSICIANS WHO ARE FACULTY MEMBERS OF THE MARSHALL UNIVERSITY SCHOOL OF MEDICINE (MUSOM). REVENUES OF THE ORGANIZATION ARE USED FOR THE PUBLIC PURPOSE OF FURTHERING THE GOALS AND OBJECTIVES OF THE MUSOM AND ARE DERIVED PRINCIPALLY FROM BILLINGS FOR MEDICAL SERVICES FURNISHED BY THE ORGANIZATION'S MEMBERSHIP WITHIN THE SCOPE OF THEIR DUTIES AS FACULTY OF THE MUSOM.

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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 $1,121,725
Program Service Revenue $247,629,789
Investment Income $2,584,583
Other Revenue $9,403,887
TOTAL REVENUE $260,739,984

Expense Breakdown

Grants Paid $162,560
Salaries & Benefits $209,771,098
Fundraising Expenses $0
Program Expenses $236,392,010
Other Expenses $40,112,286
TOTAL EXPENSES $250,045,944

Year-over-Year Comparison

2023 2022 Change
Revenue $260,739,984 $234,054,946 +0.1%
Expenses $250,045,944 $238,048,383 +0.1%
Net Income $10,694,040 $-3,993,437 -3.7%
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
11
Independent Members
N/A
Employees
2265
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
23
$8,488,706
Total Directors
11
$6,177,420
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
VISHAL VERMA PHYSICIAN 60.00
Highest
$1,494,732 $403,767 $1,923,499
NICOLAS PHAN PHYSICIAN 60.00
Highest
$1,674,337 $26,280 $1,808,617
SAJEEL KHAN PHYSICIAN 60.00
Highest
$1,457,386 $21,300 $1,503,686
WESAM FRANDAH PHYSICIAN 60.00
Highest
$1,387,833 $21,375 $1,435,458
CHAD LAVENDER PHYSICIAN 60.00
Highest
$1,319,827 $69,377 $1,414,204
ALI OLIASHIRAZI DIRECTOR 60.00
Director
$899,250 $39,600 $1,290,554
DAVID M WARD SENIOR VP & N/A
Officer
$0 $10,123 $929,352
KEVIN W YINGLING PRESIDENT & N/A
Officer
$0 $0 $868,858
STEVEN LOCHOW DIRECTOR N/A
Director
$0 $9,900 $843,508
MEHIAR EL-HAMDANI DIRECTOR 60.00
Director
$515,542 $35,267 $808,599
DANA LYCANS FORMER DIREC 50.00
$747,367 $21,300 $793,667
LARRY DIAL CHAIR 50.00
Officer Director
$544,214 $21,300 $590,514
ANTHONY ALBERICO FORMER DIREC 60.00
$442,754 $20,499 $530,757
HOYT J BURDICK VP CMO N/A
Officer
$0 $5,238 $510,425
BOBBY MILLER FORMER CHAIR 40.00
$306,503 $28,500 $503,500
LISA C STUMP SYSTEM VP & N/A
Officer
$0 $0 $493,307
DAVID JUDE FORMER DIREC 50.00
$359,527 $25,800 $485,327
DEWAYNE TACKETT DIRECTOR N/A
Director
$0 $9,900 $479,628
STEPHEN PETRANY DIRECTOR 40.00
Director
$181,736 $23,700 $467,700
ROBERT TAYENGCO DIRECTOR N/A
Director
$0 $14,994 $465,524
PAUL E SMITH CHIEF ADMIN N/A
Officer
$0 $5,995 $435,988
PAULETTE WEHNER FORMER SEC/T 40.00
$179,496 $24,000 $424,000
HADASSAH FRYE DIRECTOR N/A
Director
$0 $9,900 $422,274
BETH HAMMERS CEAO 50.00
Officer
$350,000 $19,800 $369,800
SUSAN T ROBINSON CHIEF HR OFF N/A
Officer
$0 $0 $364,312
MARK A MORGAN VP PHYS SERV N/A
Officer
$0 $0 $363,748
MELISSA E LEASURE SYSTEM VP & N/A
Officer
$0 $0 $357,297
REGINA M CAMPBELL CHIEF NURSIN N/A
Officer
$0 $0 $344,566
JAMES BECKER FORMER DIREC 40.00
$235,000 $18,483 $336,538
SUSAN FLESHER DIRECTOR 50.00
Director
$259,202 $18,965 $335,042
EDUARDO PINO SYSTEM CMIO N/A
Officer
$0 $0 $315,512
DAVID GOZAL VICE-CHAIRMA 50.00
Officer Director
$150,568 $17,308 $312,107
JOSEPH EVANS FORMER VICE- 50.00
$226,956 $16,548 $296,759
FAREED AZIZ VP REVENUE C N/A
Officer
$0 $0 $271,127
BRADLEY BURCK VP CORP FND N/A
Officer
$0 $0 $266,016
JOHN M STRAUB CFO 45.00
Officer
$250,000 $15,000 $265,000
AARON C BLEVINS CHIEF PHARMA N/A
Officer
$0 $0 $264,270
SHANNON BROWNING CMIO 40.00
Officer
$148,180 $13,500 $261,680
NATHAN WARD COO 50.00
Officer
$210,000 $12,600 $222,600
MICHAEL MCCARTHY CIO 40.00
Officer
$95,532 $12,037 $212,896
JOHN K FIFE VP SUPPLY CH N/A
Officer
$0 $0 $184,167
THOMAS A HEFNER VP FINANCE N/A
Officer
$0 $0 $178,914
MICHAEL CHIRICO FORMER CSO 40.00
$160,209 $9,013 $169,222
ANDREA LAUFFER DIRECTOR 40.00
Director
$128,198 $8,772 $161,970
SHEANNA SPENCE CMO 40.00
Officer
$100,250 $6,000 $106,250
F LAYTON COTTRILL FORMER MU DE 5.00
$20,808 $0 $20,808
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 $66,830,985 $67,089,584 $164,508,971 $-258,599
2024 $260,739,984 $250,045,944 $173,806,802 $10,694,040
2023 $234,054,946 $238,048,383 $158,195,383 $-3,993,437
2022 $226,695,087 $216,901,977 $151,420,649 $9,793,110
2021 $260,712,388 $259,718,619 $166,750,078 $993,769
2020 $240,542,935 $241,306,345 $136,768,311 $-763,410
2019 $218,081,600 $214,501,346 $122,182,614 $3,580,254
2018 $190,023,956 $178,947,137 $115,129,993 $11,076,819
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