2011-05-16T08:05:29-05:00 2010-06-30 Arnett & Foster PLLC P O Box 2629 Charleston WV 25329 990 2009-07-01 550564945 University Physicians & Surgeons Inc UNIV 3046911653 1600 Medical Center Drive No B501 Huntington WV 25701 James J Schneider 3046911653 2011-05-15 1 Harry C Harless 3043460441 2009 2016-02-24 21:20:13Z Charles H McKown Jr M 1600 Medical Center Drive No B501 Huntington WV 25701 100499231 0 X N/A X 1976 WV 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 (the School of Medicine). Revenues of the Corporation are used for the public purpose of furthering the goals and objectives of the School of Medicine and are derived principally from billings for medical services furnished by the Corporation's membership within the scope of their duties as faculty of the School of Medicine. 15 1 765 0 0 0 187157 432500 87799595 98226908 416089 483691 618338 480147 89021179 99623246 290277 80732 0 58961521 68110266 0 0 27779810 33283384 87031608 101474382 1989571 -1851136 36618931 40891029 23999544 29527563 12619387 11363466 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 (the School of Medicine). Revenues of the Corporation are used for the public purpose of furthering the goals and objectives of the School of Medicine and are derived principally from billings for medical services furnished by the Corporation's membership within the scope of their duties as faculty of the School of Medicine. 0 0 96349926 80732 98226908 The Corporation supported the faculty physicians of the School of Medicine in their provision of medical services with approximately 522,322 patient encounters. 96349926 1 1 0 0 0 0 0 0 0 1 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 1 70 0 1 765 1 0 0 0 0 0 0 0 0 0 15 1 0 0 1 0 0 0 0 1 1 0 0 1 1 0 0 1 1 1 1 0 X Jeanine J Price CFO 3046911653 1600 Medical Center Dr Suite B501 Huntington WV 25701 Charles H McKown Jr 20.00 X 227522 139939 25864 Robert C Nerhood MD 40.00 X 159285 207811 20041 Joseph W Werthammer 30.00 X 261180 141290 31511 James J Schneider 25.00 X 98592 102381 20638 David A Denning MD 80.00 X 475331 187861 35095 Samuel A Januszkiewicz 32.00 X 4646 157398 15146 David L Porter MD 25.00 X 122087 93598 21140 Mark A Studeny MD 60.00 X 394416 123534 31317 John Walden MD 35.00 X 34154 178845 17026 Kevin W Yingling MD 62.00 X 79338 160080 23473 Ali Oliashirazi MD 95.00 X 822738 265512 39797 Bryan Payne MD 60.00 X 422500 72846 28038 Michael Krasow MD 40.00 X 518000 28043 25314 F Layton Cottrill Esq 6.00 X 20769 144457 18626 Peter Chirico 6.00 X 0 0 0 Anthony Alberico MD 60.00 X 702077 25383 25038 Alan Koester MD 65.00 X 687148 21180 24918 Charles Giangarra MD 75.00 X 447952 142985 32471 Imran Khawaja MD 60.00 X 629772 46681 26648 Douglas Tice MD 65.00 X 534185 40008 14700 6641692 2279832 476801 143 0 1 0 Perot Systems Corp ARS - 7489 Collection Center Drive Chicago IL 60693 A/R Management 7347829 Cabell Huntington Hospital 1340 Hal Greer Blvd Huntington WV 25701 Medical Services 335496 Emdeon Business Services PO Box 572490 Murray UT 84157 Billing Services 158284 6 275357 157143 432500 Health care services 621111 97957381 97957381 Education & research 611310 269527 269527 98226908 458768 458768 876508 24400 870012 5973 6496 18427 24923 24923 FICA Refunds - Residen 900099 291255 291255 Forfeited retirement p 900099 138819 138819 Transfers to departmen 900099 34427 34427 15646 15646 480147 99623246 98226908 0 963838 80732 80732 3568145 3375822 192323 51740050 48951261 2788789 2176097 2058805 117292 7845939 7423043 422896 2780035 2630191 149844 122722 122722 56804 56804 7419126 7019235 399891 359779 340387 19392 3896588 3686562 210026 2120582 2006283 114299 68387 64701 3686 994296 940703 53593 246679 246679 487577 461297 26280 Bad debts 13716817 13716817 0 Liability insurance 2647450 2504752 142698 Professional dues and l 444205 420262 23943 Repairs and maintenance 200983 190150 10833 Medicaid enhancement ta 122313 122313 0 379076 356610 22466 101474382 96349926 5124456 0 13822 13725 9784388 10303140 8482522 7105988 662745 558584 265944 229792 8217595 4653629 2004886 3563966 13597901 17627688 1806723 1488146 36618931 40891029 16918504 22710461 968792 937525 6112248 5879577 23999544 29527563 X 12218587 10917185 400800 446281 12619387 11363466 36618931 40891029 X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 284479 284479 1223185 172775 1050410 539552 155528 384024 6170379 4325326 1845053 3563966 Physician loan guarantees 2339118 Held on behalf of MUSOM - Rezulin Fund 3540459 5879577 99623246 101474382 -1851136 595215 595215 -1255921 100218461 595215 595215 99623246 0 99623246 101474382 0 101474382 0 101474382 Part X: Description of Uncertain Tax Positions Under FIN 48: There was no uncertain tax position indicated on the audited financial statements. Part XI, Line 8 - Other Adjustments: Unrealized gains included in revenue on financial statements: 595215. 1 Marshall University Foundation 1 John Marshall Drive Huntington WV 25755 556011111 3 26000 Department of neuroscience call pay transferred to fund, donation to the Marshall Artist Series MU Research Corp 401 11th St Ste 1400 Huntington WV 25701 550683361 3 9515 Donation of accrued leave for employees who left employment Cabell Huntington Hospital Foundation 1340 Hal Greer Blvd Huntington WV 25701 311096222 3 21000 Donation for children's hospital 3 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 1 0 0 0 0 0 Charles H McKown Jr MD 218077 139939 0 0 9445 0 13085 8519 413 4292 241020 152750 0 0 Robert C Nerhood MD 124131 207811 35024 0 130 0 7448 12593 413 57 167146 220461 0 0 Joseph W Werthammer 231180 141290 30000 0 0 0 13871 8922 413 8782 275464 158994 0 0 James J Schneider 93462 102381 5000 0 130 0 5608 6312 372 8782 104572 117475 0 0 David A Denning MD 436154 187861 39177 0 0 0 14700 11677 413 8782 490444 208320 0 0 Samuel A Januszkiewicz MD 1246 157398 3400 0 0 0 75 9719 5 5416 4726 172533 0 0 David L Porter MD 108462 93598 13625 0 0 0 6508 5914 404 8782 128999 108294 0 0 Mark A Studeny MD 393516 123534 900 0 0 0 14700 7899 413 8782 409529 140215 0 0 John Walden MD 31154 178845 3000 0 0 0 1869 10897 124 4302 36147 194044 0 0 Kevin W Yingling MD 78438 160080 900 0 0 0 4706 10049 305 8782 84349 178911 0 0 Ali Oliashirazi MD 716538 265512 106200 0 0 0 14700 16379 413 8782 837851 290673 0 0 Bryan Payne MD 337500 72846 85000 0 0 0 14700 4620 413 8782 437613 86248 0 0 Michael Krasow MD 363462 28043 154538 0 0 0 14700 1896 413 8782 533113 38721 0 0 F Layton Cottrill Esq 20769 144457 0 0 0 0 1246 8662 83 8782 22098 161901 0 0 Anthony Alberico MD 623077 25383 79000 0 0 0 14700 1620 413 8782 717190 35785 0 0 Alan Koester MD 649038 21180 38110 0 0 0 14700 1500 413 8782 702261 31462 0 0 Charles Giangarra MD 353077 142985 94875 0 0 0 14700 9054 413 8782 463065 160821 0 0 Imran Khawaja MD 311538 46681 318234 0 0 0 14700 3230 413 8782 644885 58693 0 0 Douglas Tice MD 534185 40008 0 0 0 0 14700 0 413 0 549298 40008 0 0 Part I, Line 5 Additional salary supplements paid through the Corporation may be authorized from time to time 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 therefore, are discretionary in nature, and are not guaranteed. The payment of such a supplement does not guarantee futher supplements or affect the salary components. Form 990, Part VI, Section A, line 4 The organization made changes to its Articles of Incorporation during 2010. Please see attached: Restated Articles of Incorporation. Form 990, Part VI, Section B, line 11 The Chief Financial Officer reviews the data compiled by the Director of Corporate Taxes before it is sent to the Tax Accountants for preparation. The Chief Financial Officer reviews the completed draft of Form 990 received from the Tax Accountants. The Executive Director/Treasurer reviews the completed return, signs it, and forwards a copy to the board of directors for review before submitting it to the IRS. 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 parent organization and ex officio chair of the Corporation's Board of Directors. Comparative salary information is received and reviewed by the Dean from the Association of American Medical Colleges' Group on Business Affairs and Group on Faculty Practice as well as the Medical Group Management Association. Salaries of all major clinical department chairs (line officers) are also reviewed and approved utilizing the same process. Form 990, Part VI, Section C, line 18 The governing documents are not available for public review, the conflict of interest policy is not available for public review, but is distributed among departments within the Corporation. The financial statements can be accessed by letter, in person or via web search. Form 990 is available for for public review upon request. Form 990, Part VI, Section C, line 19 The governing documents are not available for public review, the conflict of interest policy is not available for public review, but is distributed among departments within the Corporation. The financial statements can be accessed by letter, in person or via web search. FORM 990, PART XI, LINE 2C CLARIFICATION OF ITEM MARKED YES The finance committee oversees the audit of the financial statements. The committee has not changed since the prior year. However, due to changes in the board of directors for FYE 2011, there will only be four voting board members. Therefore, a separate finance committee is not considered necessary. Marshall University 1 John Marshall Drive Huntington WV 25701 556000789 Higher Education WV 501(c)(3) 4 N/A 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 Marshall University J 781500 Marshall University O 8476841 Marshall University P 419791