2015-02-09T16:53:55-07:00 2014-06-30 990 2013-07-01 522220700 MEDICAL FACULTY ASSOCIATES INC MEDI 2027413351 2150 Pennsylvania Ave NW Washington DC 20037 Stephen Badger CEO and Treasurer 2027413350 2015-02-06 2013 2016-02-25 16:41:14Z Stephen Badger 2150 Pennsylvania Ave NW Suite 10-403 Washington DC 20037 342756643 0 X www.gwdocs.com X 2000 DC Medical Faculty Associates has three main missions. Education, to teach the medical students and train residents of The George Washington University. Research, to conduct medical research on behalf of The George Washington University. And finally to provide medical care to the residents of the greater Washington DC metro area. 14 8 2095 0 1306227 399477 844747 504815 325525656 333020612 2039687 3840132 1078251 1750412 329488341 339115971 0 0 0 0 194239615 211900250 750000 714775 714775 134245089 126227114 329234704 338842139 253637 273832 205983623 204935294 140511930 136917548 65471693 68017746 Medical Faculty Associates has three main missions. Education, to teach the medical students and train residents of The George Washington University. Research, to conduct medical research on behalf of The George Washington University. And finally to provide medical care to residents of the Greater Washington DC area. 0 0 283678423 0 315583850 Health care programs, General/Other: Medical Faculty Associates, Inc. (the "Company") is a 501(c) (3) corporation that was created on February 17, 2000. Business operations began July 1, 2000, when the Transfer and Contribution Agreement (the "Agreement") between the George Washington University (the "University") and the Company became effective. Previously, the Company was an unicorporated division of the University (the MFA Clinical Services Business), and this Agreement established the Company as a separately incorporated business entity. The Company was organized and shall be operated exclusively for the benefit of the University, a congressionally chartered educational institution of higher education in the District of Columbia, including its School of Medicine and Health Sciences, an incorporated division of the University (the "School of Medicine"), and in furtherance hereof the Company shall: Provide professional physician services and related health care services, including diagnostic and therapeutic procedures and services, to patients in the greater Washington, DC community and other areas, including those unable to pay for such care; Employ physicians duly licensed to practice medicine who hold a faculty appointment at the University, and other qualified personnel and make the service of such personnel available to indigent and other persons requiring such care; and Perform the other necessary or appropriate functions and services in connection with the above purposes. In satisfaction of our exempt purpose, MFA conducted more than 923,000 outpatient visits, wrote off $47.1 million in charges for the needy, and conducts numerous community outreach programs to include HIV clinics, prostate cancer screenings, breast care center, and a Mammovan. 4761724 0 4546022 Medical Research, General/Other: Provide certain clinical research and administrative services to the University; Further the advancement of medical knowledge through basic and applied research in medicine, lectures, consulting, publishing information and teaching, particularly regarding medical and health care issues prevalent in urban communities. MFAs faculty does the majority of the medical research at the George Washington University Medical School. (183 Number of Studies ) 12890740 0 12890740 Professional Education: MFA provides certain clinical, teaching and administrative services to the University; MFA undertakes teaching the diagnosis and treatment of medical conditions to medical students, interns, residents, fellows and other professionals in connection with the University. MFA faculty does the majority of the teaching and research at the George Washington University Medical School (431 medical residents and 716 students). 0 0 0 301330887 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 1 1 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 303 0 1 2095 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 14 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X Kenneth Marter 2027413351 2021 K Street NW Suite 600 Washington DC 20006 Jeffrey Akman Dean School of Medicine 40 0 X 913069 0 16304 Hany Z Aly Physician Director Newborn 40 0 X 624410 0 20315 Stephen L Badger CEO and Treasurer 40 0 X X 934288 0 21334 Fredrick J Brody Physician 40 0 X 307121 0 20215 Anthony J Caputy Chairman of Department of Neurosurgery 40 0 X 696096 0 20554 David Frankfurter Chairman of Department of Reproductive Endocrinology 40 0 X 693056 0 21472 Thomas Jarrett Chairman of Department of Urology 40 0 X 553646 0 20134 Kenneth Marter Chief Financial Office 40 0 X 196720 0 11925 Brad Moore Physician 40 0 X 199524 0 16801 Robert J Neviaser Chairman of Department of Orthopedic Surgery 40 0 X 456000 0 11027 Joseph R OBrien Physician 40 0 X 919896 0 19156 Robert Shesser Chairman of Department of Emergency Medicine 40 0 X 520456 0 20010 Anton N Sidawy Secretary and Chairman of Department of Surgery 40 0 X X 777038 0 12729 Neal Sikka Physician 40 0 X 364200 0 12338 Alan G Wasserman President and Chairman of Department of Medicine 40 0 X X 955202 0 16819 Warren D Yu Physician 40 0 X 1739773 0 16854 Robert K Zeman Chairman of Department of Radiology 40 0 X 546813 0 20114 Robert Watters Director 0.5 0 X 0 0 0 Harvey Pitt Director 0.5 0 X 22500 0 0 Leslie Norwalk Director 0.5 0 X 22500 0 0 Gerald Sigal Director 0.5 0 X 15000 0 0 Blair Watters Director 0.5 0 X 15000 0 0 Brian Conroy Director 0.5 0 X 15000 0 0 Carly Fiorina Director 0.5 0 X 17500 0 0 Edwin Phelps Director 0.5 0 X 15000 0 0 Morris Reid Director 0.5 0 X 15000 0 0 11534808 0 298101 529 1 1 0 Urologic Surgeons of Washington 1147 20th Street NW Suite 810 Washington DC 20036 Physician Services 2526467 Riverside Primary Care 9316 BELLE TERRE WAY POTOMAC MD 20854 Physician Service 2212642 Epstein Becker & Green PC 1227 25th Street NW Suite 700 Washington DC 20037 Legal Service 1106463 Advanta Medial Solutions LLC 10830 GUILFORD RD Suite 312 ANNAPOLIS JUNCTION MD 20701 Physician Service 1106241 Spring Valley Obstetrics and Gynecology 4910 Massachusetts Ave NW Suite 307 Washington DC 20016 Physician Services 811055 22 0 0 0 0 0 504815 0 504815 333020612 333020612 0 0 333020612 3840132 3840132 0 0 0 0 0 0 0 0 0 0 5391084 0 3640672 0 1750412 0 1750412 166915 1306227 277270 0 0 0 0 339115971 337027659 1306227 277270 X 5536599 3886322 1650277 182672488 164178027 18494461 5791774 5171858 619916 7413308 6619833 793475 10486081 9363716 1122365 2346894 351069 1995825 437579 0 437579 714775 714775 3840 3840 38676757 37613067 1063690 1462137 523774 938363 4093278 2809790 1283488 3576771 405850 3170921 13270224 12365188 905036 1571911 1346087 225824 384111 333322 50789 627743 273880 353863 5261913 5261913 7579963 4816081 2763882 10949471 10562523 386948 Patient Care Supplies 31283273 31283273 0 0 Membership and professional licenses 864497 710004 154493 0 Teaching Supplies and Expenses 1218460 1218460 0 0 Training and Development 655048 483740 171308 0 1963244 1753110 210134 0 338842139 301330887 36796477 714775 4501267 -283319 434861 448666 41411626 40732566 849267 898758 4616648 3975570 120421936 39142586 83679880 81279350 66785171 73888076 3704903 3995627 205983623 204935294 36798372 25700126 849530 463701 38081291 36451250 64782737 74302471 140511930 136917548 X 65471693 66245244 0 1772502 0 0 65471693 68017746 205983623 204935294 X 273832 499719 0 0 0 1772502 X 0 1 X 1 0 X 232628 280660 471311 844747 504815 2334161 257560593 285644003 309901601 325525656 333020612 1511652465 257793221 285924663 310372912 326370403 333525427 1513986626 1513986626 2819089 2001151 2039687 3840132 10700059 2900552 4206362 4283142 4447105 15837161 0 5719641 6207513 6322829 8287237 26537220 527765 1004786 810379 943979 3286909 257793221 292172069 317585211 333503611 342756643 1543810755 0.98068 0.983 0.01719 0.0153 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 15640900 0 15640900 34488184 0 2906707 31581477 39554529 0 15386800 24167729 25951103 0 18466406 7484697 4787220 0 2382673 2404547 81279350 399477 Deferred Rent 2792102 Reserve for Insurance 48685448 Line of Credit 8900911 457(b) Plan Liabilities 2868660 Capital Lease Obligation 10655873 74302471 X 342756643 0 0 0 3640672 3640672 339115971 0 0 0 339115971 342482811 0 0 0 3640672 3640672 338842139 0 0 0 338842139 Schedule D, Part X, Line 2 The Company has adopted FASB interpretation Accounting for Uncertainty in Income Tax effective July 1, 2009. This interpretation prescribes a recognition threshold and measurement attribute for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. The interpretation also provides guidance on derecognition, classification, interest and penalties, accounting in interim periods, disclosure, and transition. The Company has no uncertain tax position at June 30, 2014 and 2013. Schedule D, Part XI, Line 2d Rent revenue is recorded as net revenue on 990 Part VIII Line 12 but is presented as gross revenue and expenses on the audited financial statement. Schedule D, Part XII, Line 2d Rent expenses are recorded net against gross rent revenue on 990 Part IX line 25 but are presented gross on the audited financial statements. Middle East and North Africa 0 42 Program Services Staffing and Managers 8981962 0 42 8981962 0 0 1 0 0 0 X X X X 1 The George Washington University School of Medicine and Health Sciences 2300 Eye Street NW Suite 713 Washington DC 20037 Grateful Patient Fundraising Program 0 2274167 750000 1524167 2274167 750000 1524167 X X X 0 0 0 0 0 0 0 0 0 Jeffrey Akman Dean School of Medicine 835576 0 69649 0 7843 0 10200 0 6104 0 929372 0 0 Hany Z Aly Physician Director Newborn 352000 0 269244 0 3166 0 10200 0 10115 0 644725 0 0 Stephen L Badger CEO and Treasurer 650000 0 275000 0 9288 0 10200 0 11134 0 955622 0 0 0 Fredrick J Brody Physician 300000 0 6095 0 1026 0 11000 0 9215 0 327336 0 0 0 Anthony J Caputy Chairman of Department of Neurosurgery 675000 0 10800 0 10296 0 10200 0 10354 0 716650 0 0 0 David Frankfurter Chairman of Department of Reproductive Endocrinology 370417 0 321255 0 1384 0 12080 0 9392 0 714528 0 0 0 Thomas Jarrett Chairman of Department of Urology 490000 0 60800 0 2846 0 10200 0 9934 0 573780 0 0 0 Kenneth Marter Chief Financial Office 168966 0 26893 0 861 0 7834 0 4091 0 208645 0 0 Brad Moore Physician 174000 0 24583 0 941 0 7943 0 8858 0 216325 0 0 Robert J Neviaser Chairman of Department of Orthopedic Surgery 400000 0 45395 0 10605 0 10200 0 827 0 467027 0 0 0 Joseph R OBrien Physician 605000 0 312928 0 1968 0 10200 0 8956 0 939052 0 0 Robert Shesser Chairman of Department of Emergency Medicine 467968 0 44275 0 8213 0 10200 0 9810 0 540466 0 0 0 Anton N Sidawy Secretary and Chairman of Department of Surgery 765000 0 0 0 12038 0 10200 0 2529 0 789767 0 0 0 Neal Sikka Physician 322625 0 40862 0 713 0 11151 0 1187 0 376538 0 0 0 Alan G Wasserman President and Chairman of Department of Medicine 650000 0 277008 0 28194 0 10200 0 6619 0 972021 0 0 0 Warren D Yu Physician 1350000 0 386263 0 3510 0 10200 0 6654 0 1756627 0 0 0 Robert K Zeman Chairman of Department of Radiology 499500 0 39250 0 8063 0 10200 0 9914 0 566927 0 0 0 Robert Watters Director 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Harvey Pitt Director 22500 0 0 0 0 0 0 0 0 0 22500 0 0 0 Leslie Norwalk Director 22500 0 0 0 0 0 0 0 0 0 22500 0 0 0 Gerald Sigal Director 15000 0 0 0 0 0 0 0 0 0 15000 0 0 0 Blair Watters Director 15000 0 0 0 0 0 0 0 0 0 15000 0 0 0 Brian Conroy Director 15000 0 0 0 0 0 0 0 0 0 15000 0 0 0 Carly Fiorina Director 17500 0 0 0 0 0 0 0 0 0 17500 0 0 0 Edwin Phelps Director 15000 0 0 0 0 0 0 0 0 0 15000 0 0 0 Morris Reid Director 15000 0 0 0 0 0 0 0 0 0 15000 0 0 0 Form 990, Part VI, Section B, Line 11b The CEO and CFO review the form 990; the form is presented to the Board of Directors at the regular meeting. Form 990, Part VI, Section B, Line 12c The Conflict of Interest policy is reviewed by the Board of Directors annually. Officers, directors or trustees, and key employees are required to disclose any conflicts annually. The Compliance department regularly and consistently monitor and enforce the policy by: requiring the annual disclosure; reviewing all potential conflicts; and putting in place appropriate measures to manage potential conflicts. Form 990, Part VI, Section B, Line 15 The Board has a compensation committee who meets to review the salary of the CEO, President, Chairmen and all other highly compensated employees in the Company. The review is performed annually prior to the start of the new fiscal year and is based off of industry specific salary data and benchmarks. Form 990, Part VI, Section C, Line 19 All of the organization's governing documents, conflict of interest policy, and financial statements are available to the public upon request. Requests can be made in writing via regular mail or email. Form 990, Part IX, Line 11g Other Fee for Services mainly consists of fees paid to contracted physicians and misc. patient care purchased services such as sign language, dictation, etc. Form 990, Part XI, Line 9 Donation received during FY14 that was temporarily restricted at the end of the fiscal year. Not Applicable.