CAPSTONE HEALTH SERVICES FOUNDATION PC

EIN: 630810661 501(c)(3)

TUSCALOOSA, AL

Total Revenue
$39,404,269
Total Expenses
$43,591,237
Total Assets
$40,416,369
Net Assets
$27,263,308
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1981
Legal Domicile
AL
Principal Officer
KAREN BURGESS
Phone
2053485203
Tax Period
2023-10-01 to 2024-09-30

CAPSTONE HEALTH SERVICES FOUNDATION PC, founded in 1981, is a mid-sized nonprofit that reported $39.4M in total revenue in fiscal year 2023. Expenses of $43.6M exceeded revenue, resulting in a 11% operating deficit.

Mission

THE FOUNDATION WAS ORGANIZED AS A NON-PROFIT CORPORATION DEDICATED TO PROVIDING AN ORGANIZATION AND FRAMEWORK TO DEVELOP AND FURNISH PATIENT CARE THROUGH THE UNIVERSITY MEDICAL CENTER, AND IS EMPLOYED TO SUPPORT THE EDUCATIONAL PROGRAMS OF THE UNIVERSITY OF ALABAMA COLLEGE OF COMMUNITY HEALTH SCIENCES (CCHS). CCHS'S MISSION IS TO IMPROVE AND PROMOTE THE HEALTH OF INDIVIDUALS AND COMMUNITIES IN ALABAMA AND THE REGION THROUGH LEADERSHIP IN MEDICAL EDUCATION AND PRIMARY CARE, THE PROVISION OF HIGH QUALITY, ACCESSIBLE HEALTH CARE SERVICES, AND SCHOLARSHIP.

Program Service Accomplishments

Program 1
Expenses: $33,433,619 Revenue: $38,805,085

THE FOUNDATION IS DEDICATED TO PROVIDING AN ORGANIZATION AND FRAMEWORK TO DEVELOP AND FURNISH PATIENT CARE, WITHOUT REGARD FOR THE PATIENTS' ABILITY TO PAY, THROUGH ITS OUTPATIENT CLINIC CARE, THE...

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THE FOUNDATION IS DEDICATED TO PROVIDING AN ORGANIZATION AND FRAMEWORK TO DEVELOP AND FURNISH PATIENT CARE, WITHOUT REGARD FOR THE PATIENTS' ABILITY TO PAY, THROUGH ITS OUTPATIENT CLINIC CARE, THE UNIVERSITY MEDICAL CENTER. THE FOUNDATION ALSO PROVIDES ASSISTANCE TO THE UNIVERSITY OF ALABAMA SCHOOL OF MEDICINE, TUSCALOOSA PROGRAM, AND THE COLLEGE OF COMMUNITY HEALTH SCIENCES. THE CLINIC REPRESENTS EIGHT MEDICAL SPECIALITIES, INCLUDING FAMILY MEDICINE, INTERNAL MEDICINE, OBSTETRICS AND GYNECOLOGY, PEDIATRICS, PSYCHIATRY, NEUROLOGY, SPORTS MEDICINE, HOSPITALIST MEDICINE, AND SURGERY, AS WELL AS THE FACULTY STAFF CLINIC AND WELLNESS CLINIC. THE FOUNDATION ALSO OPERATES CLINICAL COMPONENTS OF, OR RELATING TO, THE STUDENT HEALTH CENTER, THE TUSCALOOSA FAMILY MEDICINE RESIDENCY PROGRAM AND ITS 48 RESIDENTS, APPROXIMATELY 65 MEDICAL STUDENTS, FELLOWSHIPS IN SPORTS MEDICINE, HOSPITALIST MEDICINE, EMERGENCY MEDICINE, GERIATRICS, OBSTETRICS AND PSYCHIATRY, AND COMMUNITY-BASED CLINICAL WORK UNDER CONTRACT, OR IN AFFILIATION WITH, A VARIETY OF PARTNERS/COLLABORATORS.

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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 $0
Program Service Revenue $38,805,085
Investment Income $599,184
Other Revenue $0
TOTAL REVENUE $39,404,269

Expense Breakdown

Grants Paid $0
Salaries & Benefits $24,554,590
Fundraising Expenses $0
Program Expenses $33,433,619
Other Expenses $19,036,647
TOTAL EXPENSES $43,591,237

Year-over-Year Comparison

2023 2022 Change
Revenue $39,404,269 $40,105,997 0.0%
Expenses $43,591,237 $38,118,066 +0.1%
Net Income $-4,186,968 $1,987,931 -3.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
12
Independent Members
6
Employees
113
Volunteers
6

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
$960,367
Total Directors
12
$4,289,353
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANUPAM AGARWAL BOARD MEMBER/DEAN MED SCHOOL 1.0
Director
$0 $187,782 $1,323,878
STUART BELL BOARD MEMBER/PRESIDENT UA 1.0
Director
$0 $240,719 $1,127,782
LISA GILLESPIE HOSPITALIST 40.0
Highest
$587,668 $52,890 $640,558
RICHARD FRIEND BOARD MEMBER/DEAN-CCHS 10.0
Director
$179,999 $86,886 $598,656
SHUAIB MOHAMED HOSPITALIST 40.0
Highest
$536,749 $48,307 $585,056
JAMIE LOWTHER HOSPITALIST 40.0
Highest
$509,146 $45,823 $554,969
MATTHEW FAJACK BOARD MEMBER/VP FINANCE UA 1.0
Director
$0 $69,708 $536,592
MONICA BUI HOSPITALIST 40.0
Highest
$474,049 $42,664 $516,713
JONATHAN SHERRILL HOSPITALIST 40.0
Highest
$464,079 $41,767 $505,846
HARITHA GUTTIKONDA FORMER HOSPITALIST 1.0
$415,362 $37,382 $452,744
KAREN BURGESS PRESIDENT 10.0
Officer
$114,663 $74,572 $425,459
THOMAS WEIDA BOARD MEMBER/ASSOCIATE DEAN 10.0
Director
$75,495 $53,701 $346,907
GRIER STEWART FORMER FACULTY REPRESENTATIVE 0.0
$94,015 $56,403 $310,038
RAY STEWART VICE PRESIDENT 10.0
Officer
$91,910 $51,691 $297,046
DRAKE LAVENDER FORMER FACULTY REPRESENTATIVE 0.0
$87,167 $53,309 $281,320
ANNE HALLI-TIERNEY FACULTY REPRESENTATIVE 10.0
Director
$65,567 $48,373 $246,398
ALLISON ARENDALE SECRETARY/TREASURER 10.0
Officer
$0 $54,693 $237,862
JOSEPH BROWN BOARD MEMBER 1.0
Director
$0 $16,630 $109,140
ANGELA HAMITER BOARD MEMBER 1.0
Director
$0 $0 $0
CHARLES JONES BOARD MEMBER 1.0
Director
$0 $0 $0
CHRIS MCGEE BOARD MEMBER 1.0
Director
$0 $0 $0
CYNTHIA ALMOND BOARD MEMBER 1.0
Director
$0 $0 $0
MARK WILLIAMS BOARD MEMBER 1.0
Director
$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
2024 $39,404,269 $43,591,237 $40,416,369 $-4,186,968
2023 $40,105,997 $38,118,066 $40,047,489 $1,987,931
2022 $36,524,337 $35,413,716 $31,622,404 $1,110,621
2021 $27,823,379 $26,529,313 $29,375,344 $1,294,066
2020 $25,293,176 $22,692,742 $27,165,739 $2,600,434
2019 $23,764,035 $22,587,372 $24,171,653 $1,176,663
2018 $19,788,598 $18,888,766 $23,103,772 $899,832
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