2013-02-04T09:40:59-07:00 2012-06-30 990 2011-07-01 522220700 MEDICAL FACULTY ASSOCIATES INC MEDI 2027413351 2150 Pennsylvania Ave NW Washington DC 20037 Stephen Badger 2027413350 2013-01-31 2011 2016-02-25 16:41:14Z Stephen L Badger 2150 Pennsylvania Ave NW Suite 10-403 Washington DC 20037 341879390 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 area. 13 4 1687 0 424977 424977 280660 471311 285644003 334466984 2819089 2001151 379645 526086 289123397 337465532 0 0 0 0 150564190 179765851 0 0 0 124753445 146072043 275317635 325837894 13805762 11627638 185055850 200240293 131568057 135171752 53487793 65068541 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 277231148 317702848 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 933,000 outpatient visits, wrote off $59.2 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. 4773363 4743413 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. (157 Number of Studies) 12020723 12020723 Professional Education: Provide certain clinical, teaching and administrative services to the University; --Undertake teaching the diagnosis and treatment of medical conditions to medical students, interns, residents, fellows and other professionals in connection with the University. MFAs faculty does the majority of the teaching and research at the George Washington University Medical School. (1134 Students and Residents) 0 0 0 294025234 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 257 0 1 1687 1 1 1 1 CJ 0 0 0 0 X 13 4 0 0 0 0 0 0 0 1 1 0 0 1 1 0 1 1 1 1 1 0 X Kenneth Marter 2027413351 2021 K STREET NW Suite 600 Washington DC 20006 Alan G Wasserman 40 X X X X 896750 0 2750 Stephen L Badger 40 X X X X 866250 0 28448 Anton N Sidawy 40 X X X X 815546 0 2750 Akman Jeffrey 40 X X 702877 0 12515 Robert K Zeman 40 X X 558496 0 27048 Robert J Neviaser 40 X X 544130 0 2750 Fredrick J Brody 40 X 354257 0 22538 Neal Sikka 40 X 398384 0 3070 Brad Moore 40 X 171556 0 24063 Pitt Harvey 0 X 0 0 0 Watters Robb 0 X 0 0 0 Weingold Allan 0 X 0 0 0 Gerald Sigal 0 X 0 0 0 Warren D Yu 40 X 1758930 0 10150 7067176 0 136082 323 0 1 0 FREDERIC SCHWARTZ 5530 WISCONSIN AVE SUITE 1147 CHEVY CHASE MD 20815 PHYSICIAN SERVICE 373000 RTKL PO BOX 402296 ATLANTA GA 30384 ARCHITECTUAL DESIGN AND PLANNING 459436 Maryland Brain & Spine LLC 2002 MEDICAL PARKWAY SUITE 430 ANNAPOLIS MD 21401 PHYSICIAN SERVICE 981861 CAPITAL PULMONARY INTERNIST PC 2440 M STREET SUITE 810 WASHINGTON DC 20037 PHYSICIAN SERVICE 1281270 UROLOGIC SURGEONS OF WASHINGTON 1147 20TH ST NW SUITE 400 WASHINGTON DC 20036 PHYSICIAN SERVICE 2934035 14 0 0 0 0 0 471311 0 471311 334466984 334466984 0 0 334466984 2001151 2001151 0 0 0 0 0 0 0 0 0 0 4939944 0 4413858 0 526086 0 526086 101109 424977 0 0 0 0 0 337465532 336569244 424977 0 5434177 4089730 1344447 0 0 0 153901542 140318254 13583288 6186458 5606865 579593 5609893 5084317 525576 8633781 7824905 808876 4153868 2645366 1508502 799351 49025 750326 0 0 0 12541 12541 0 53507450 50441455 3065995 1388309 872999 515310 3134586 2060991 1073595 3925077 832891 3092186 0 0 0 9528867 7979981 1548886 1831241 1651303 179938 0 0 0 327298 255890 71408 178831 178831 5050674 5050674 5227201 3072103 2155098 913191 571146 342045 Teaching materials 2314143 2198268 115875 Bad Debt 24565383 24498069 67314 Patient Care Supplies 27633482 27592271 41211 Membership 314671 250718 63953 1265879 1065472 200407 325837894 294025234 31812660 0 65608 -129081 430540 429860 36777701 39552194 717785 770355 3048626 4216229 104146818 22523876 71417469 81622942 69570127 70392157 3027994 3385637 185055850 200240293 29927264 33683150 3071668 2108206 41169940 39601239 57399185 59779157 131568057 135171752 X 53479351 65068541 8442 0 0 0 53487793 65068541 185055850 200240293 X 11627638 -46890 X 0 1 1 X 0 X 293069 532999 232628 280660 471311 1810667 184953536 235443227 257560593 285644003 334466984 1298068343 185246605 235976226 257793221 285924663 334938295 1299879010 1299879010 1907625 1497561 2349875 2819089 2001151 10575301 2900552 4206362 7106914 1907625 1497561 2349875 5719641 6207513 17682215 527765 1004786 1532551 187154230 237473787 260143096 292172069 342150594 1319093776 0.98543 0.98835 0.01340 0.01119 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 15640900 0 15640900 31961938 0 1202481 30759457 25166178 0 6948432 18217746 21718687 0 12527404 9191283 9659115 0 1845559 7813556 81622942 129739 Deferred Rent 1934339 Reserve for Malpractice Insurance 39369209 Line of Credit 7466455 457(b) Plan Liabilities 1959768 Capital lease obligation 8919647 59779157 337465532 325837894 11627638 -38448 0 0 0 0 -38448 11589190 342150594 0 0 0 4685062 4685062 337465532 0 0 0 337465532 330522956 0 0 0 4685062 4685062 325837894 0 0 0 325837894 SchD_P10_S00_L02 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, 2012 and 2011. SchD_P12_S00_L02d Schedule D, Part XII, Line 2d Rent Revenue is recorded as net revenue on the 990 but presented as gross revenue on the audited financial statement. SchD_P13_S00_L02d Schedule D, Part XIII, Line 2d Rent expenses are recorded net against gross rent revenue on the 990 but presented gross on the audited financial statement. Middle East and North Africa 0 71 Program Services Staff and manage ambulance system on U.S. Military bases in Kuwait and Qatar;provide emergency medical response training as well as clinical solutions and management for international organizations. 19542254 0 71 19542254 0 0 1 0 0 0 X X X 0 0 0 0 0 0 0 0 0 Alan G Wasserman 609500 0 275000 0 0 0 12250 0 2750 0 899500 0 0 0 Stephen L Badger 604000 0 250000 0 0 0 12250 0 28448 0 894698 0 0 0 Anton N Sidawy 793496 0 0 0 0 0 22050 0 2750 0 818296 0 0 Akman Jeffrey 679527 0 7500 0 0 0 15850 0 12515 0 715392 0 Robert K Zeman 494160 0 52086 0 0 0 12250 0 27048 0 585544 0 0 Robert J Neviaser 422000 0 109880 0 0 0 12250 0 2750 0 546880 0 0 0 Fredrick J Brody 336500 0 6828 0 0 0 10929 0 22538 0 376795 0 0 0 Neal Sikka 310647 0 74354 0 0 0 13383 0 3070 0 401454 0 0 0 Brad Moore 158406 0 5000 0 0 0 8151 0 24063 0 195620 0 0 Warren D Yu 1063000 0 683680 0 0 0 12250 0 10150 0 1769080 0 0 0 Pitt Harvey 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Watters Robb 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Weingold Allan 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Gerald Sigal 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Douglas Hastings Form board member 446630 Legal Services paid to the law firm of which Mr. Hastings is a partner 0 F990_P06_S0B_L11b Form 990, Part VI, Section B, Line 11b Form 990, Part VI, Section B, Line 11a - The CEO reviews the form 990 and the form is presented to the Board of Directors at its regular meeting. F990_P06_S0B_L12c Form 990, Part VI, Section B, Line 12c The conflict of interest policy is reviewed annually and individuals are asked to report any conflicts to the inside legal counsel. F990_P06_S0B_L15 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. This is performed annually prior to the start of the new fiscal year. F990_P06_S0C_L19 Form 990, Part VI, Section C, Line 19 All documents are available upon request. Requests can be made in writing via regular mail or email or over the phone. F990_P11_S00_L05 Form 990, Part XI, Line 5 Change in unrealized loss on investments - $38,448 Decrease in temporarily restricted net asset - $8,442 Not applicable.