Meadville Physicians Services

Nonprofit profile at a glance

EIN
251602133
IRS 990 coverage
2009–2024
Forms available
Form 990 2024, Form 990-T 2024
Location
Meadville, PA, USA
Phone
8143335000
Rating
69
Verdict
SUPPORTED
Rating confidence
Moderate

Official website

Reported finances

Revenue
$3,914,189
Expenses
$9,713,994
Assets
$1,066,894
Liabilities
$18,546,661

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

22 people listed

Executive titles in this filing

  • GABRIELLE F PIERCE (CEO END 04/25)
  • TABITHA VANDYKE (CEO BEG 04/25)

Highest reported compensation

  • JEFFREY M FRIEDEL (PHYSICIAN): $756,376 total reported compensation
  • JOHN S WILSON (DIRECTOR/PHYSICIAN): $755,715 total reported compensation
  • SANDEEP DAYANAND (PHYSICIAN): $600,802 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To provide quality health and human services in response to identified needs in our service area and to provide for the basic health and human service needs of all persons, regardless of ability to pay.

What it reported doing in 2024

Meadville physicians services provides cardiology consultant services. The team at cardiology associates of meadville is made of highly-qualified cardiologists, specially-trained nurses and truly supportive support staff. They will address all questions and concerns, and outline all treatment options. The staff also provides patients and families with educational material to help to make lifestyle changes that improve heart health. If a patient requires an interventional procedure, such as a cardiac catheterization or an electrophysiology study, this will be explained and performed in meadville medical center's own cardiac catheterization lab. The practice works closely with the cardiac care department at meadville medical center for cardiac rehabilitation and lifestyle counseling, if necessary. Follow-up care with the cardiologist and primary care physician is part of the complete treatment plan. The meadville cardiology associates offer an extensive array of services for cardiology patients, including: (continued on schedule o)

Operating model

Revenue model
Other-operating. 100% of the money available for current operations came from other operating revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 87
  • Transparency & Controls: 66
  • Accountability: 59
  • Sustainability: 1
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 94.1%; rating input score 94
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 93.3%; rating input score 93; 17th percentile among comparable filings
  • Pay-setting controls: 1 of 6 controls in place; rating input score 17
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 46.2%; rating input score 46; 8th percentile among comparable filings
  • Governance controls: 7 of 9 controls in place; rating input score 78
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Fail
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -148.2%; rating input score 0; 0th percentile among comparable filings
  • Total-asset coverage ratio: 0.11; rating input score 3; 3rd percentile among comparable filings
  • Liabilities to assets ratio: 17.38; rating input score 0; 0th percentile among comparable filings
  • Officer compensation ratio: 42.6%; rating input score 2; 2nd percentile among comparable filings

Growth

  • Program expense growth: -0.3% per year; rating input score 0; 13th percentile among comparable filings
  • Revenue growth: 3.1% per year; rating input score 100; 27th percentile among comparable filings
  • Asset growth: 1% per year; rating input score 100; 16th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 94.1% of spending went to programs
  • Governance: 6 of 13 board members independent · 7 of 9 filing controls reported
  • Programs: 3 filed program accomplishments · $9.1M in reported program spending
  • Leadership: top reported pay $756K · 22 people listed · 1 of 6 pay-setting controls reported
  • Consistency: 30 of 31 current checks pass · 1 finding to review
  • Schedules: 5 filed schedules · includes executive pay
  • Filing history: 15 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 7 filed money-flow records
  • Related organizations: 15 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Accountability: Independent voting board scored 46/100.
  • High — Sustainability: Operating margin scored 0/100.
  • High — Growth: Program expense growth scored 0/100.
  • Review — Accountability: Governance controls: 2 of 9 not reported.
  • High — Sustainability: Total-asset coverage ratio scored 3/100.
  • Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.
  • High — Sustainability: Liabilities to assets ratio scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 2/100.