Princeton Healthcare Affiliated Physicians Pc

Nonprofit profile at a glance

EIN
264203938
IRS 990 coverage
2013–2024
Forms available
Form 990 2024
Location
Plainsboro, NJ, USA
Phone
6098537107
Rating
64
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Health Treatment Facilities, Primarily Outpatient

Official website

Reported finances

Revenue
$16,566,632
Expenses
$16,567,076
Assets
$1,413,973
Liabilities
$40,874,832

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

Leadership & pay

7 people listed

Executive titles in this filing

  • KATHRYN ROBISON (PRESIDENT, PHAP)

Highest reported compensation

  • JOHN HEIM MD (PHYSICIAN): $798,017 total reported compensation
  • BUSHRA F MIRZA (PHYSICIAN): $692,242 total reported compensation
  • MADHURANI KHARE (PHYSICIAN): $627,320 total reported compensation

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

Overview

Mission

The organization provides physician services in furtherance of the charitable purposes of princeton healthcare system, a related internal revenue code section 501(c)(3) tax-exempt hospital which provides medically necessary healthcare services to all individuals in a non-discriminatory manner regardless of race, color, creed, sex, national origin or ability to pay.

What it reported doing in 2024

Statement of program service accomplishments penn medicine princeton medicine physicians is a network of board certified physicians who are dedicated to excellence in primary and specialty medical care. Patients of princeton medicine physicians benefit from the organization being part of penn medicine - a nationally recognized academic medical center with medical, behavioral health, and surgical care capabilities. The highly-trained physicians in the princeton medicine physicians network are experts in their fields and are skilled in the non-surgical and surgical treatment of acute and chronic health conditions, as well as preventive healthcare, including routine exams and health screenings. Princeton medicine physicians practices include specialties such as: bariatric and metabolic surgery; behavioral health; cardiology; digestive health; epilepsy; family medicine; gastroenterology; geriatric medicine; gynecologic oncology; gynecologic surgery; hematology/oncology; hospitalists; internal medicine; obstetrics and gynecology; plastic surgery; pulmonary medicine; sleep medicine; and thoracic surgery. Across the practice locations, medicare and most major insurance plans are accepted, including new plans offered through the health insurance marketplace. Patients can make appointments with princeton medicine physicians practices by calling a dedicated scheduling telephone number and by visiting princetonhcs.org and clicking a link to zocdoc, a third party scheduling system. Patients of princeton medicine physicians are seen in person and also have access to penn connected health virtual visit. A virtual visit allows patients and their princeton medicine physicians provider to connect remotely through a secure video app, or via telephone when necessary, from the comfort of their home or office. The princeton health community wellness department supports princeton medicine physicians patients through a series of free community lectures hosted by princeton medicine physicians on a variety of topics, such as: - weight loss surgery, is it right for me?: severe obesity is a serious health condition that can impact every aspect of your life. If traditional weight-loss methods have failed, surgery may be an option. The lecture includes an overview of traditional and minimally invasive surgical weight loss options, including laparoscopic gastric bypass surgery, sleeve gastrectomy and laparoscopic stomach banding, to help you make the choice that's right for you. - what you need to know about high blood pressure: hypertension, or high blood pressure, puts you at risk for many other health conditions, including heart attack, stroke, and kidney disease. Join us to learn what you can do to manage your blood pressure, and the importance of taking control of your health. - eat better, sleep better: they say you are what you eat, but did you also know there are foods that are best if you want proper rest? This informative session will teach you which foods keep you up at night and which ones help you sleep better. ----------

Operating model

Revenue model
Earned-program. 100% of the money available for current operations came from fees and other program 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 few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence.

Rating breakdown

  • Financial Efficiency: 88
  • Transparency & Controls: 64
  • Accountability: 42
  • Sustainability: 16
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 98.6%; rating input score 99
  • Program expense ratio: 98.6%; rating input score 99
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 0%; rating input score 0; 3rd percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -0%; rating input score 31; 31st percentile among comparable filings
  • Total-asset coverage ratio: 0.09; rating input score 2; 2nd percentile among comparable filings
  • Liabilities to assets ratio: 28.91; rating input score 0; 0th percentile among comparable filings
  • Officer compensation ratio: 19.4%; rating input score 4; 4th percentile among comparable filings

Growth

  • Program expense growth: -0.6% per year; rating input score 0; 9th percentile among comparable filings
  • Revenue growth: -0.7% per year; rating input score 0; 7th percentile among comparable filings
  • Asset growth: -7% per year; rating input score 0; 2nd percentile among comparable filings

Details

  • Where the money goes: 98.6% of revenue deployed · 98.6% of spending went to programs
  • Governance: 0 of 1 board members independent · 9 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $16.3M in reported program spending
  • Leadership: top reported pay $798K · 7 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 21 of 21 current checks pass
  • Schedules: 5 filed schedules · includes executive pay
  • Filing history: 11 filing years from 2013 to 2024
  • Contacts: How to reach this organization
  • Money network: 5 filed money-flow records
  • Related organizations: 88 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.

  • High — Accountability: Independent voting board scored 0/100.
  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 31/100.
  • High — Sustainability: Total-asset coverage ratio scored 2/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 4/100.