Partners Physician Group is a 501(c)(3) organization based in Independence, Ohio, registered in 1928, with $75,708,138 in FY2015 revenue. CharityIndex grades it C+, and it directs about 99% of spending to programs.
Revenue (FY2015)
$75.7M
▲ 11.4% vs prior year
Health median: $840K
Expenses (FY2015)
$113.4M
Net assets
$349K
Employees
163
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Partners Physician Group: 99% to programs earns a C+ on this criterion. See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Partners Physician Group: 0 mo reserves · -50% margin earns a D on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Partners Physician Group: 5 of 6 checks met earns a A on this criterion. See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Partners Physician Group: 3 of 5 disclosure signals earns a B on this criterion. See the exact thresholds →
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To improve the health and lives of the people and communities we serve.
Revenue grew from $63.2M (FY2013) to $75.7M (FY2015) across 3 reported years.
Financial snapshot
Operating margin
-49.8%
Spent more than it raised in the latest fiscal year.
Total assets
$14.8M
Total liabilities
$14.4M
Net assets
$349K
Salaries & benefits
$86.3M
76% of expenses
Board members
14
3 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2015 | $75,708,138▲11.4% | $113,434,517▲19.7% | $349,370▲141% | $14,796,908▲16.6% | 990 |
| 2014 | $67,970,861▲7.6% | $94,733,790▲10.3% | -$853,563▲25.7% | $12,689,223▼1.0% | 990 |
| 2013 | $63,176,997 | $85,898,819▲2.8% | -$1,149,358▲60.7% | $12,820,643▲37.7% | 990 |
| 2012 | — | $83,587,056▲14.8% | -$2,926,999▼177% | $9,312,293▼18.7% | 990 |
| 2011 | — | $72,810,107▲48.1% | -$1,057,292▼138% | $11,452,584▲26.1% | 990 |
| 2010 | — | $49,167,582 | $2,815,945 | $9,078,955 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Highest-paid: Costas Apostolis Md — $818,327 (0.72% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Costas Apostolis Md | Physician | 50 | $818,327 |
| Robert Schweikert Md | Physician | 50 | $779,449 |
| Wiliam Lanzinger Md | Physician | 50 | $775,003 |
| Anthony Kantaras Md | Physician | 50 | $742,103 |
| Charudutt Paranjape Md | Physician | 50 | $724,213 |
| Jordan Grossman Md | Director | 50 | $589,820 |
| William J Kurtz Md | Director | 50 | $551,341 |
| Andrew Fenton Md | Director | 50 | $520,452 |
| Colin Moorhead Md | Director | 50 | $432,239 |
| Benito Alvarez Md | President | 50 | $387,048 |
| Eugene Pfister Md | Director | 50 | $321,562 |
| Elliot B Davidson Md | Director, Chair | 50 | $271,763 |
| Kenneth J Braman Do | Director | 50 | $231,417 |
| Jeffrey D Pike | Vp Operations | 50 | $217,982 |
| Jeff Kovacs | Asst Treasurer | 50 | $119,940 |
| Alan J Papa | Director | 5 | — |
| Amanda Van Horn | Asst Secretary | 5 | — |
| Craig Babbitt | Secretary | 5 | — |
| Daniel Guyton Md | Director | 5 | — |
| Dave Frigo | Asst Treasurer | 5 | — |
| Contractor | Services | Paid |
|---|---|---|
| Center For Urologic Health LLC | Urology Services | $11,311,809 |
| Akron Plastic Surgeons LLC | Plastic Services | $4,592,518 |
| Western Reserve Professional Group | Spine & Pain Services | $3,681,368 |
| Per-se Technologies | Billing Services | $3,311,827 |
| Internal Medicine of Akron | Internal Medicine Services | $2,661,033 |
Explore more
Data for Partners Physician Group (EIN 34-1843403) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.