The Physician Network FY2022 filing

Tax-deductible

Phoenix, AZ501(c)(3)Since 1994Health CareEIN 47-0780857

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As an affiliate of commonspirit health, we make the healing presence of god known in our world by improving the health of the people we serve, especially those who are vulnerable, while we advance social justice for all.

501(c)(3) charity; gifts are tax-deductible.
95¢ of each $1 spent went to programs.
$13.6M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average deficit $13.9M a year · 45% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
95%
of spending
Looks good: 95% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$13.6M
to officers and key staff · 418% of spending
Concern: pay to officers and key staff is 418% of spending; over 30%.
Pt VII · Sec A
Cash reserves
<1 mo
of spending, in cash
Concern: 0.1 months of spending in cash; under 2 weeks.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $150K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$323.6M
246% of total assets
Concern: liabilities are 246% of assets; over 80%.
Pt X · Ln 26
Independent board members
2
of 19 voting members
Worth a look: 2 of 19 voting members are independent, under half.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$4.1M
-94% vs prior year
Spent
$3.3M
To programs
95%
Net assets
−$191.8M
By yearFY2020–FY2024
Revenue
$4.1M
FY2022▼ -94%
Revenue by fiscal year
FY2020$84.8M
FY2021$64.7M
FY2022$4.1M
FY2023$1.2M
FY2024$48K
FY2024$778K
Expenses
$3.3M
FY2022▼ -97%
Expenses by fiscal year
FY2020$122.7M
FY2021$97.8M
FY2022$3.3M
FY2023$410K
FY2024$53
FY2024$66K
Net assets
−$191.8M
FY2022▲ +1%
Net assets by fiscal year
FY2020−$161.6M
FY2021−$194.7M
FY2022−$191.8M
FY2023−$191.1M
FY2024−$191.0M
FY2024−$190.3M

From the FY2022 Form 990 (year ending June 2022) · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jan 1996.

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

Where the money goes

95 cents of each dollar spent went to programs.

Program services 95% · $3.1M Management & general 5% · $160K

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

58 people listed on the 990; $13.6M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
Neurosurgeon
$1,303,417Pt VII · Sec A
Neurosurgeon
$1,303,417Pt VII · Sec A
Orthopedist
$1,202,364Pt VII · Sec A
Orthopedist
$1,202,364Pt VII · Sec A
Neurosurgeon
$954,356Pt VII · Sec A
Neurosurgeon
$954,356Pt VII · Sec A
$885,856Pt VII · Sec A
$885,856Pt VII · Sec A

Jessica Sawyer’s $7K as Nurse Pract Behavioral Health is at the 4th percentile of top reported officer pay among 1979 $100K–1M health care nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
Joshua Anderson MD———$1,303,417$1,345,201$1,080,175
John Wright MD———$1,202,364$1,330,479$1,292,138
Anuj Jain—————$1,012,126
Chinyere Obasi———$954,356$973,978—
James Wudel—————$931,190
Peter Gallagher————$909,452$882,149
Stephen Ackerman————$904,297—
Daniela Alexandru Abrams———$885,856——

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.

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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

Provides accessible, cost-effective community healthcare through diverse physician services, including family medicine, cardiology, urgent care, and specialized hospitalist and neonatal clinical care.

Provided by the organization

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2 program services account for $6.2M of program spending, described in the organization's own filed words · FY2021.
01

The physician network was founded to provide physician services for the community. As a member of commonspirit health, we embrace the mission of a healthy community and providing quality care for those in need.

$3.1Mprogram expense
02

The physician network was founded to provide physician services for the community. As a member of commonspirit health, we embrace the mission of a healthy community and providing quality care for those in need.

$3.1Mprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2022
Total grants receivedfrom 1 funder$150K

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$4.1M
Ln 12
Fees for servicesLn 2g$2.1M
Other incomeLn 4–11$1.9M
Gifts and grantsLn 1h$150K
Money outPt IX
$3.3M
Ln 25
Programscol B$3.1M
Managementcol C$160K
Owns and owesPt X
−$191.8M
net assets · Ln 32
Cash and savingsLn 1–2$28K
Total assetsLn 16$131.8M
LiabilitiesLn 26$323.6M
PeoplePt VI, VII
58
listed · VII A
PaidVII A18
Voting boardVI 1a19
IndependentVI 1b2
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$150K
Fees for servicesLn 2g$2.1M
Other incomeLn 4–11$1.9M
Total revenueLn 12$4.1M
Assets in detailPt X, end of year
Cash and savings togetherLn 1–2$28K
Total assetsLn 16$131.8M
LiabilitiesLn 26$323.6M
Net assetsLn 32−$191.8M
OperationsPt I, VI
EmployeesI 513
VolunteersI 60
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $48K$53$48K−$191.0M 990 PDF
FY2023 $1.2M$410K$768K−$191.1M 990 PDF
FY2022 Viewing $4.1M$3.3M$862K−$191.8M 990 PDF
FY2021 $64.7M$97.8M−$33.1M−$194.7M 990 PDF
FY2020 $84.8M$122.7M−$37.9M−$161.6M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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