2012-05-15T14:04:00-05:00 2011-06-30 HESS STEWART & CAMPBELL PLLC PO BOX 1060 HUNTINGTON WV 257131060 990 2010-07-01 550564945 UNIVERSITY PHYSICIANS & SURGEONS INC UNIV 3046911653 1600 MEDICAL CENTER DRIVE NO B501 HUNTINGTON WV 25701 JOHN M STRAUB 3046911653 2012-05-14 1 RICHARD M STEWART 3045236464 2010 2016-02-24 21:20:13Z BETH HAMMERS 1600 MEDICAL CENTER DRIVE NO B501 HUNTINGTON WV 25701 104021737 0 X N/A X 1976 WV UNIVERSITY PHYSICIANS & SURGEONS, INC. (THE ORGANIZATION) 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. 4 0 956 0 0 0 432500 353933 98226908 96760919 483691 443204 480147 106880 99623246 97664936 80732 39119 0 0 68110266 72432742 0 0 0 33283384 26102878 101474382 98574739 -1851136 -909803 40891029 42883887 29527563 29991022 11363466 12892865 UNIVERSITY PHYSICIANS & SURGEONS, INC. (THE CORPORATION) IS A NOT-FOR PROFIT ORGANIZATION INCORPORATED IN THE STATE OF WEST VIRGINIA. THE MEMBERSHIP OF THE CORPORATION CONSISTS OF PHYSICIANS WHO ARE FACULTY MEMBERS OF THE MARSHALL UNIVERSITY SCHOOL OF MEDICINE. 0 0 90688760 39119 96760919 THE CORPORATION SUPPORTED THE FACULTY PHYSICIANS OF THE SCHOOL OF MEDICINE IN THEIR PROVISION OF MEDICAL SERVICES WITH APPROXIMATELY 316,889 PATIENT ENCOUNTERS. 90688760 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 76 0 956 1 0 0 0 0 0 0 0 0 0 0 X 4 0 0 0 1 0 0 0 0 1 1 0 0 1 1 0 0 1 1 1 1 0 X THE ORGANIZATION 3046911653 1600 MEDICAL CENTER DR HUNTINGTON WV 25701 ROBERT C NERHOOD MD 20.00 X 190908 144456 16862 JOSEPH W WERTHAMMER 30.00 X 282500 140996 22276 F LAYTON COTTRILL 6.00 X 20000 144426 10356 JAMES J SCHNEIDER 25.00 X X 110000 103984 11835 PAULETTE WEHNER MD 35.00 X 99900 231900 19854 JOHN WALDEN MD 35.00 X 30900 178850 12701 BRENT MARSTELLER 5.00 X 0 0 0 ALI OLIASHIRAZI MD 95.00 X 690400 302721 23856 ANTHONY ALBERICO MD 60.00 X 716887 24926 16295 IMRAN KHAWAJA MD 60.00 X 648984 46195 23856 ALAN KOESTER MD 65.00 X 625450 21129 23856 DOUGLAS TICE MD 65.00 X 537600 40000 14700 3953529 1379583 196447 133 0 1 0 PER-SE TECHNOLOGIES PO BOX 403421 ATLANTA GA 30384 A/R & BILLING SERVICES 2128708 PEROT SYSTEMS CORP - ARS 7489 COLLECTIONS CENTER DR CHICAGO IL 60693 A/R & BILLING SERVICES 2037316 CULBERT HEALTHCARE SOLUTIONS INC 800 W CUMMINGS PARK STE 6000 WOBURN MA 01801 CONSULTING SERVICES 532563 EP LEACH & SONS INC PO BOX 1823 HUNTINGTON WV 25719 CONTRACTOR SERVICES 158683 ALLSCRIPTS 24630 NETWORK PLACE CHICAGO IL 60673 MEDICAL RECORDS SUPPORT 112710 6 190140 163793 353933 HEALTH CARE SERVICES 621111 96478528 96478528 EDUCATION & RESEARCH 611600 282391 282391 96760919 340984 340984 6459021 6356801 102220 102220 102220 FORFEITED RETIREMENT P 900099 106880 106880 106880 97664936 96760919 0 550084 39119 39119 734208 675471 58737 59447463 54691666 4755797 2633177 2422523 210654 6406956 5894400 512556 3210938 2954063 256875 194936 194936 65411 65411 7873402 7243530 629872 387204 356228 30976 2066335 1522756 543579 1956655 1800123 156532 69314 63769 5545 756417 695904 60513 177434 177434 756698 696162 60536 877082 806915 70167 BAD DEBTS 7245208 7245208 0 MEDICATIONS AND MEDICAL 2478530 2478530 0 RECRUITMENT AND EMPLOYE 499030 459108 39922 REPAIRS AND MAINTENANCE 375118 345109 30009 PROFESSIONAL DUES AND M 324104 298176 25928 98574739 90688760 7885979 0 13725 13732 6762230 5797923 7105988 6606183 558584 494371 316859 383228 8848837 5396326 3563966 3452511 21092523 24073059 1477154 2062880 40891029 42883887 10008419 9451056 32500 3540459 3836299 937525 996625 15008660 15707042 29527563 29991022 X 10917185 12364951 446281 527914 11363466 12892865 40891029 42883887 X -909803 2439202 X X 0 1 0 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 252679 252679 1223185 211820 1011365 898033 154843 743190 6474940 5029663 1445277 3452511 PHYSICIAN LOAN GUARANTEES 1880861 CONTINGENT PROFESSIONAL LIABILITY 5276450 OPEB LIABILITY 8199563 FICA TAX REFUND LIABILITY 350168 15707042 97664936 98574739 -909803 901045 1538157 2439202 1529399 98565981 901045 901045 97664936 0 97664936 98574739 0 98574739 0 98574739 PART IV, LINE 2B: THE ORGANIZATION MAINTAINS FUNDS ON BEHALF OF THE MARSHALL UNIVERSITY SCHOOL OF MEDICINE. THESE FUNDS ARE UNCLAIMED MONIES FROM A LEGAL SETTLEMENT AGREEMENT WITH THE MANUFACTURER OF THE DIABETES DRUG, REZULIN, THAT WERE DISTRIBUTED TO THE ORGANIZATION TO BE HELD ON BEHALF OF THE MARSHALL UNIVERSITY SCHOOL OF MEDICINE. PART X: THERE WERE NO UNCERTAIN TAX POSITIONS INDICATED IN THE AUDITED FINANCIAL STATEMENTS. 1 MARSHALL UNIVERSITY 1 JOHN MARSHALL DRIVE HUNTINGTON WV 25755 556011111 501(C)(3) 7150 0 SUPPORT MARSHALL UNIVERSITY SCHOOL OF MEDICINE 1 0 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: THE CORPORATION'S PURPOSE IS TO SUPPORT THE FACULTY PHYSICIANS OF THE MARSHALL UNIVERSITY SCHOOL OF MEDICINE. CONTRIBUTIONS TO MARSHALL UNIVERSITY ARE DESIGNATED FOR THIS PURPOSE. X X 0 0 0 0 0 1 0 0 0 ROBERT C NERHOOD MD 190908 144456 0 0 0 0 8093 8769 0 0 199001 153225 0 0 JOSEPH W WERTHAMMER 282500 140996 0 0 0 0 13350 8926 0 0 295850 149922 0 0 F LAYTON COTTRILL 20000 144426 0 0 0 0 1200 9156 0 0 21200 153582 0 0 JAMES J SCHNEIDER 110000 103984 0 0 0 0 5400 6435 0 0 115400 110419 0 0 PAULETTE WEHNER MD 99900 231900 0 0 0 0 5940 13914 0 0 105840 245814 0 0 JOHN WALDEN MD 30900 178850 0 0 0 0 1800 10901 0 0 32700 189751 0 0 ALI OLIASHIRAZI MD 690400 302721 0 0 0 0 14700 9156 0 0 705100 311877 0 0 ANTHONY ALBERICO MD 716887 24926 0 0 0 0 14700 1595 0 0 731587 26521 0 0 IMRAN KHAWAJA MD 648984 46195 0 0 0 0 14700 9156 0 0 663684 55351 0 0 ALAN KOESTER MD 625450 21129 0 0 0 0 14700 9156 0 0 640150 30285 0 0 DOUGLAS TICE MD 537600 40000 0 0 0 0 14700 0 0 0 552300 40000 0 0 PART I, LINE 6 ADDITIONAL SALARY SUPPLEMENTS ARE PAID BY THE CORPORATION MAY BE AUTHORIZED FROM CLINICAL SERVICE INCOME SUBJECT TO THE SPECIFIC WRITTEN RECOMMENDATION OF THE DEPARTMENT CHAIR AND WRITTEN APPROVAL OF THE DEAN. SUCH SUPPLEMENTS ARE SUBJECT TO THE AVAILABILITY OF FUNDS AND ARE THEREFORE, DISCRETIONARY IN NATURE AND ARE NOT GUARANTEED. THE PAYMENT OF SUCH A SUPPLEMENT DOES NOT GUARANTEE FURTHER SUPPLEMENTS OR AFFECT THE SALARY COMPONENTS. FORM 990, PART VI, SECTION A, LINE 4 THE CORPORATION'S ARTICLES OF INCORPORATION AND BYLAWS WERE AMENDED TO CHANGE THE COMPOSITION OF THE BOARD OF DIRECTORS AND STANDARDIZE THE BOARD OF DIRECTORS MEETINGS. THE RECONFIGURED BOARD OF DIRECTORS CONSISTS OF 4 VOTING MEMBERS WHICH ARE ALL MEDICAL DOCTORS AND 3 NON-VOTING MEMBERS. MEETINGS ARE HELD ON THE SECOND TUESDAY OF EACH MONTH. FORM 990, PART VI, SECTION B, LINE 11 THE CHIEF FINANCIAL OFFICER REVIEWS THE COMPLETED DRAFT OF FORM 990 PREPARED BY A CERTIFIED PUBLIC ACCOUNTING FIRM. ONCE APPROVED, THE EXECUTIVE DIRECTOR REVIEWS THE COMPLETED FORM 990, SIGNS IT, AND DISTRIBUTES COPIES OF THE RETURN TO THE BOARD OF DIRECTORS FOR REVIEW BEFORE SUBMITTING IT TO THE IRS, TIME PERMITTING. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE DIRECTOR'S SALARY IS REVIEWED AND APPROVED BY THE DEAN OF MARSHALL UNIVERSITY'S SCHOOL OF MEDICINE IN HIS CAPACITY AS BOTH DEAN OF THE RELATED ORGANIZATION AND EX OFFICIO CHAIR OF THE ORGANIZATION'S BOARD OF DIRECTORS. COMPARATIVE SALARY INFORMATION FROM THE ASSOCIATION OF AMERICAN MEDICAL COLLEGES' GROUP ON BUSINESS AFFAIRS AND GROUP ON FACULTY PRACTICE AS WELL AS THE MEDICAL GROUP MANAGEMENT ASSOCIATION IS EXAMINED BY THE DEAN. SALARIES OF ALL MAJOR CLINICAL DEPARTMENT CHAIRS (LINE OFFICERS) ARE ALSO REVIEWED AND APPROVED UTILIZING A SIMILAR PROCESS. FORM 990, PART VI, SECTION C, LINE 18 FORM 990 IS MAINTAINED AT THE ORGANIZATION'S ADMINISTRATIVE OFFICES AND IS MADE AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE NOT MADE AVAILABLE FOR PUBLIC REVIEW, BUT ARE DISTRIBUTED AMONG THE DEPARTMENTS WITHIN THE ORGANIZATION. THE FINANCIAL STATEMENTS CAN BE ACCESSED BY LETTER, IN PERSON OR VIA WEB SEARCH. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 901,045. PRIOR PERIOD ADJUSTMENTS: 1,538,157. TOTAL TO FORM 990, PART XI, LINE 5: 2,439,202. IN ACCORDANCE WITH THE RESTRUCTURING OF THE BOARD OF DIRECTORS THAT OCCURRED DURING FISCAL YEAR 2011, THE ORGANIZATION WILL NO LONGER HAVE A FINANCE COMMITTEE THAT OVERSEES THE ANNUAL AUDIT OF THE FINANCIAL STATEMENTS. THE BOARD OF DIRECTORS HAS ASSUMED THE RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT AND THE SELECTION OF THE INDEPENDENT ACCOUNTANT. MARSHALL UNIVERSITY 1 JOHN MARSHALL DRIVE HUNTINGTON WV 25701 556000789 HIGHER EDUCATION WV 501(C)(3) LINE 2 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 MARSHALL UNIVERSITY J 800714 MARSHALL UNIVERSITY N 1888249 MARSHALL UNIVERSITY O 988512 MARSHALL UNIVERSITY P 420376 MARSHALL UNIVERSITY Q 4016340