Physicians Neck & Back Clinics FY2020 filing

Minneapolis, MNUnknown exempt organizationSince 2009 EIN 27-0684883Revenue $6.5M in FY2020Latest filing we have: 2021. Newer ones may not be in our data yet. Filed since? Tell us.

On file with the IRShealthpartners.comMinneapolis, MN

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To support the spine care needs of regions hospital and group health plan patients and members.

Form 990 Part I, line 1, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 27-0684883) · Dispute this line
91¢ of each $1 spent went to programs.
$480K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2021
latest Form 990
The latest return is for FY2021, 5 tax years back.
IRS e-file · Filing history
Surplus or deficit
1 of 2
filings with a surplus
Average deficit $7.8M a year · 109% of revenue · last 2 filings
A surplus in 1 of the last 2 filings.
Pt I · Ln 19 · 2 filings
Spent on programs
91%
of spending
91% of spending went to programs.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$480K
to officers and key staff · 2% of spending
Pay to officers and key staff is 2% of spending.
Part VII, Section A
1.0 mo
of spending, in cash
1.0 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$4.0M
82% of total assets
Liabilities are 82% of assets.
Pt X · Ln 26
Independent board members
0
of 4 voting members
None of 4 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$6.5M
Spent
$22.4M
To programs
91%
Net assets
$859K
By yearFY2020–FY2021
Revenue
$6.5M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$6.5M
FY2021$7.8M
Expenses
$22.4M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$22.4M
FY2021$7.5M
Net assets
$859K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$859K
FY2021$0

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2021) →

Is it real?

Yes. Never revoked by the IRS. Latest filing we have: FY2021.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

91 cents of each dollar spent went to programs.

Program services 91% · $20.5M Management & general 9% · $2.0M

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

11 people listed on the 990; $480K paid to officers and key staff (Part VII, Section A).

Part VII, Section A · reportable compensation
Executive Director
$247,418Pt VII · Sec A
Physical Therapy Manager
$117,411Pt VII · Sec A
$114,906Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Medical Director
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Director & Chair
$0Pt VII · Sec A

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2021FY2020
Terri F Dolan$237,202$247,418
Roxann a Eller$117,544$117,411
Sharon R Iverson$115,738$114,906

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Physicians Neck & Back Clinics executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Helps patients and members with their spine care needs at Regions Hospital and Group Health Plan.

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1 program · $20.5M · in their own filed words · FY2020
01

See Schedule O

Exempt purpose and achievements for a description of program service accomplishments

Form 990 Part III, line 4, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 27-0684883) · Dispute this line
$20.5Mprogram expense

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$6.5M
Ln 12
Fees for servicesLn 2g$6.1M
Gifts and grantsLn 1h$345K
Other incomeLn 4–11$32K
Money outPt IX
$22.4M
Ln 25
Programscol B$20.5M
Managementcol C$2.0M
Owns and owesPt X
$859K
net assets · Ln 32
Cash and savingsLn 1–2$1.8M
Total assetsLn 16$4.9M
LiabilitiesLn 26$4.0M
PeoplePt VI, VII
11
listed · VII A
PaidVII A3
Voting boardVI 1a4
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$345K
Government grantsLn 1e$345K
Fees for servicesLn 2g$6.1M
Investment incomeLn 3$10K
Other incomeLn 4–11$32K
Total revenueLn 12$6.5M
Assets in detailPt X, end of year
CashLn 1$22K
SavingsLn 2$1.8M
Cash and savings togetherLn 1–2$1.8M
Accounts receivableLn 4$540K
Land, buildings, equipmentLn 10c$565K
Other assetsLn 15$2.0M
Total assetsLn 16$4.9M
LiabilitiesLn 26$4.0M
Net assetsLn 32$859K
OperationsPt I, VI
EmployeesI 560
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$2.0M$1.8M
Land, buildings, equipmentLn 10c$674K$565K
Total assetsLn 16$20.6M$4.9M
LiabilitiesLn 26$3.8M$4.0M
Net assetsLn 32$16.8M$859K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of officers and key staff (Part IX, line 5)Ln 5$301K$301K
Other salaries and wagesLn 7$3.7M$2.8M$926K
Pension plan contributionsLn 8$193K$134K$59K
Other employee benefitsLn 9$590K$414K$176K
Payroll taxesLn 10$216K$150K$66K
Other fees for servicesLn 11g$361K$360K$698
Advertising and promotionLn 12$108K$108K
Office expensesLn 13$127K$97K$29K
Information technologyLn 14$132K$70K$62K
OccupancyLn 16$1.8M$1.7M$59K
TravelLn 17$853$853
Conferences, conventions and meetingsLn 19$84$1$83
Depreciation, depletion and amortizationLn 22$170K$83K$88K
InsuranceLn 23$22K$10K$13K
Other expenses (24a–d)Ln 24$14.7M$14.6M$77K
All other expensesLn 24e$42K$39K$3K
Total functional expensesLn 25$22.4M$20.5M$2.0M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2021 LatestFiled with the IRS Nov 14, 2022 $7.8M$7.5M$342K$0 990 PDF
FY2020 ViewingFiled with the IRS Nov 15, 2021 $6.5M$22.4M−$15.9M$859K 990 PDF

Schedules filed Part IV

I · Grants J · Pay O · Explanations
See the full FY2020 990
Part I · Summary $6,529,496 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$345,491
I-9 Program service revenuePrior year $9,977,120$6,141,718
I-10 Investment incomePrior year $32,854$10,412
I-11 Other revenuePrior year $45,000$31,875
I-12 Total revenuePrior year $10,054,974$6,529,496
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $7,144,642$5,006,180
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $2,757,770$17,425,345
I-18 Total expensesPrior year $9,902,412$22,431,525
I-19 Revenue less expensesPrior year $152,562−$15,902,029
Part VI · Governance 0 of 4 board members independent, no flags
VI-1a Voting members of the governing body4
VI-1b Independent voting members0
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $6,529,496 across 6 lines filed
VIII-1e Government grants$345,491
VIII-1h Total contributions, gifts and grants$345,491
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $6,141,718$6,141,718
VIII-3 Investment incomeExcluded from tax $10,412$10,412
VIII-5 RoyaltiesExcluded from tax $31,875$31,875
VIII-12 Total revenueRelated to mission $6,141,718 · Unrelated business $0 · Excluded from tax $42,287$6,529,496
Part IX · Statement of functional expenses $22,431,525 across 16 lines filed
IX-5 Pay of officers and key staff (Part IX, line 5)Management $301,497$301,497
IX-7 Other salaries and wagesPrograms $2,779,906 · Management $925,959$3,705,865
IX-8 Pension plan contributionsPrograms $133,886 · Management $59,117$193,003
IX-9 Other employee benefitsPrograms $414,180 · Management $176,121$590,301
IX-10 Payroll taxesPrograms $149,502 · Management $66,012$215,514
IX-11g Other fees for servicesPrograms $360,484 · Management $698$361,182
IX-12 Advertising and promotionManagement $107,729$107,729
IX-13 Office expensesPrograms $97,384 · Management $29,380$126,764
IX-14 Information technologyPrograms $69,517 · Management $62,292$131,809
IX-16 OccupancyPrograms $1,732,197 · Management $58,728$1,790,925
IX-17 TravelManagement $853$853
IX-19 Conferences, conventions and meetingsPrograms $1 · Management $83$84
IX-22 Depreciation, depletion and amortizationPrograms $82,508 · Management $87,658$170,166
IX-23 InsurancePrograms $9,574 · Management $12,612$22,186
IX-24 Other expenses (24a–d)Programs $14,595,194 · Management $76,847$14,672,041
IX-24e All other expensesPrograms $38,635 · Management $2,971$41,606
IX-25 Total functional expensesPrograms $20,462,968 · Management $1,968,557 · Fundraising $0$22,431,525
Part X · Balance sheet $4,866,159 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $29,331$22,079
X-2 Savings and temporary cash investmentsStart of year $1,988,812$1,778,408
X-4 Accounts receivableStart of year $860,735$539,982
X-10c Land, buildings and equipment, netStart of year $673,803$564,913
X-15 Other assetsStart of year $0$1,960,777
X-16 Total assetsStart of year $20,575,417$4,866,159
X-17 Accounts payable and accrued expensesStart of year $1,228,375$1,352,666
X-19 Deferred revenueStart of year $61,049$690,942
X-25 Other liabilitiesStart of year $2,524,680$1,963,267
X-26 Total liabilitiesStart of year $3,814,104$4,006,875
X-27 Net assets without donor restrictionsStart of year $16,761,313$859,284
X-32 Total net assets or fund balancesStart of year $16,761,313$859,284
X-33 Total liabilities and net assetsStart of year $20,575,417$4,866,159
Part XI · Reconciliation of net assets $859,284 net assets at year end
XI-1 Total revenue$6,529,496
XI-2 Total expenses$22,431,525
XI-3 Revenue less expenses−$15,902,029
XI-4 Net assets at start of year$16,761,313
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$859,284

Form 990 e-file FY2020 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

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