Promedica Central Physicians LLC
100% goes to programs
Promedica Central Physicians LLC is a 501(c)(3) organization based in Toledo, Ohio, registered in 2022, with $338,343,787 in FY2024 revenue. CharityIndex grades it C+, and it directs about 100% of spending to programs.
100 Madison Ave, Toledo, OH, 43604 EIN 34-1881137 Since 2022
Revenue (FY2024)
$338.3M
▼ 17.6% vs prior year
Health median: $840K
Expenses (FY2024)
$498.3M
Net assets
$55.2M
Employees
2,787
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
★★★★
Rated on 4 of 4 criteria.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →A+Program efficiency40% of the rating100% to programs
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 Promedica Central Physicians LLC: 100% to programs earns a A+ on this criterion. See the exact thresholds →
DFinancial health25% of the rating1 mo reserves · -47% margin
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 Promedica Central Physicians LLC: 1 mo reserves · -47% margin earns a D on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
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 Promedica Central Physicians LLC: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
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 Promedica Central Physicians LLC: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Promedica central physicians is part of the physician services component of promedica health system, inc.'s integrated delivery system and provides services to improve the health care of the community in an efficient and cost-effective manner.
Contact & location
- Address
- 100 Madison Ave, Toledo, OH, 43604
- City
- Toledo
- State
- Ohio
- Category
- Health Care
- Subcategory
- Clinics & Primary Care
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $274.3M (FY2020) to $338.3M (FY2024) across 5 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $74.1MNet assets $55.2M
Operating margin
-47.3%
Spent more than it raised in the latest fiscal year.
Total assets
$129.4M
Total liabilities
$74.1M
Net assets
$55.2M
Salaries & benefits
$363.5M
73% of expenses
Board members
16
10 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $338,343,787▼17.6% | $498,341,860▲1.2% | $55,241,065▲347% | $129,360,661▲67.3% | 990 |
| 2023 | $410,365,778▲51.0% | $492,233,742▲39.7% | -$22,373,577▼175% | $77,313,351▼35.4% | 990 |
| 2022 | $271,686,777▼20.6% | $352,431,942▼16.2% | $29,765,335▼92.3% | $119,710,753▼75.5% | 990 |
| 2021 | $342,138,335▲24.7% | $420,405,491▲15.0% | $384,999,675▲20.3% | $488,163,951▲19.4% | 990 |
| 2020 | $274,317,325 | $365,492,747 | $320,126,563 | $408,838,419 | 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.
Leadership & compensation (FY2024)
Highest-paid: Kevin Reinard — $2,271,392 (0.46% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Kevin Reinard | Physician | 45 | $2,271,392 |
| Ahmad Zakeri | Physician | 45 | $1,832,081 |
| Anil Gupta | Physician | 45 | $1,693,246 |
| Kristoffer Sugg | Physician | 45 | $1,692,938 |
| Hooman Harooni | Physician | 45 | $1,690,963 |
| Amanda Kissner | Trustee | 1 | — |
| Arturo Polizzi | Trustee/ceo | 1 | — |
| Barry Luse | Trustee | 1 | — |
| Bob Laclair | Trustee | 1 | — |
| Dave Snavely | Trustee | 1 | — |
| Dawn Buskey | Trustee/chief Acute Care Officer | 1 | — |
| Donald Crescenzo | Trustee | 1 | — |
| James Brennan | Trustee | 1 | — |
| Kathleen Merrill | Trustee/chief Marketing Officer | 1 | — |
| Kent Bishop | Trustee/ President - Ppg/cmo | 1 | — |
| Kristine Brenner | Trustee | 1 | — |
| Linda Thiel | Trustee | 1 | — |
| Lisa Hawker | Chairperson | 1 | — |
| Marcy Brown | Trustee | 1 | — |
| Mike Adams | Trustee | 1 | — |
Grants received · $25K total
2 grants to Promedica Central Physicians LLC totaling $25K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Patient Access Network Foundation | Patient assistance | 2015 | $17,067 |
| Patient Access Network Foundation | Patient assistance | 2014 | $7,778 |
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Frequently asked questions
- Is Promedica Central Physicians LLC a legitimate nonprofit?
- Yes. Promedica Central Physicians LLC is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 34-1881137, based in Toledo, Ohio. Donations are tax-deductible.
- What is Promedica Central Physicians LLC's EIN?
- Promedica Central Physicians LLC's Employer Identification Number (EIN) is 34-1881137.
- How much revenue does Promedica Central Physicians LLC report?
- Promedica Central Physicians LLC reported $338,343,787 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Promedica Central Physicians LLC's spending goes to programs?
- Promedica Central Physicians LLC spends about 100% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Promedica Central Physicians LLC have?
- CharityIndex grades Promedica Central Physicians LLC C+, based on program efficiency and fundraising cost.
- How much does Promedica Central Physicians LLC's highest-paid employee make?
- The highest reported compensation on Promedica Central Physicians LLC's latest Form 990 is $2,271,392, paid to Kevin Reinard (Physician).
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Data for Promedica Central Physicians LLC (EIN 34-1881137) 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.