University of Virginia Physicians Group is a 501(c)(3) organization based in Charlottesvle, Virginia, registered in 1980, with $656,270,004 in FY2023 revenue. CharityIndex grades it A+, and it directs about 95% of spending to programs.
Revenue (FY2023)
$656.3M
▲ 1.0% vs prior year
Health median: $840K
Expenses (FY2023)
$658.5M
Net assets
$271.2M
Employees
2,322
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 University of Virginia Physicians Group: 95% to programs · $0 to raise $100 earns a A+ 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 University of Virginia Physicians Group: 5 mo reserves · -0% margin earns a A 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 University of Virginia Physicians Group: 6 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 University of Virginia Physicians Group: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Patient care, teaching and medical research
Revenue grew from $435.3M (FY2013) to $656.3M (FY2023) across 11 reported years.
Financial snapshot
Operating margin
-0.3%
Spent more than it raised in the latest fiscal year.
Total assets
$500.6M
Total liabilities
$229.5M
Net assets
$271.2M
Salaries & benefits
$468.8M
71% of expenses
Board members
25
14 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $656,270,004▲1.0% | $658,548,445▲0.6% | $271,171,453▲9.5% | $500,646,389▼5.0% | 990 |
| 2022 | $649,702,251▲5.4% | $654,849,370▲9.5% | $247,628,867▲3.7% | $527,246,214▲16.2% | 990 |
| 2021 | $616,203,173▲6.1% | $597,798,150▲4.1% | $238,784,125▲3.0% | $453,851,421▼6.9% | 990 |
| 2020 | $580,982,808▲5.8% | $574,505,365▲4.7% | $231,746,695▲110% | $487,439,220▲16.2% | 990 |
| 2019 | $549,269,430▲0.2% | $548,661,370▼0.1% | $110,139,070▼6.8% | $419,469,334▲10.3% | 990 |
| 2018 | $547,964,169▲5.0% | $549,033,344▲4.9% | $118,139,269▼4.3% | $380,137,541▲10.8% | 990 |
| 2017 | $521,849,620▲1.4% | $523,288,103▲3.7% | $123,422,737▲19.0% | $342,945,105▲6.0% | 990 |
| 2016 | $514,876,587▲5.0% | $504,394,841▲2.1% | $103,712,195▲66.0% | $323,424,502▼3.0% | 990 |
| 2015 | $490,258,665▲2.8% | $494,056,388▲6.9% | $62,460,045▼29.2% | $333,463,172▼0.4% | 990 |
| 2014 | $476,708,865▲9.5% | $462,293,494▲7.8% | $88,170,236▼8.2% | $334,748,617▲10.9% | 990 |
| 2013 | $435,264,929 | $428,925,815▲7.3% | $96,012,825▲23.6% | $301,794,538▲7.6% | 990 |
| 2012 | — | $399,585,340▲10.0% | $77,701,332▲63.2% | $280,440,783▲11.3% | 990 |
| 2011 | — | $363,159,941▲11.4% | $47,623,364▼15.6% | $251,899,359▲6.8% | 990 |
| 2010 | — | $326,102,836 | $56,431,548 | $235,820,894 | 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: James Gangemi Md — $1,401,509 (0.21% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| James Gangemi Md | Physician/professor | 48 | $1,401,509 |
| Abhinav B Chhabra Md | Physician/professor | 48.2 | $1,148,586 |
| James M Larner Md | Phys Dir./upg Pres(as of 4/23) | 49.2 | $1,064,748 |
| John A Kern Md | Physician/professor | 48.3 | $1,059,731 |
| Stephen S Park Md | Physician/professor | 50.2 | $1,046,477 |
| David Diduch Md | Physician/professor | 48.6 | $1,035,884 |
| Reid Adams Md | Physician Director | 48.3 | $816,304 |
| Alan H Matsumoto Md | Faculty Elected Dir. | 48.2 | $641,652 |
| Kirsten Lynn Greene Md | Physician Dir. (as of 5/24) | 50.2 | $533,676 |
| J Scott Just Md | Chief Executive Officer | 49 | $502,675 |
| Robert H Thiele Md | Physician Director (thru 2/24) | 47.4 | $501,078 |
| Margaret Clarke Tracci Md | Vice Chair of Board | 47.1 | $433,507 |
| Peter Netland Md | Physician Director (thru 6/24) | 45.3 | $428,907 |
| Susan Rumsey | Chief Financial Officer | 47 | $414,400 |
| Vanessa Gregg Md | Physician Dir. (as of 2/24) | 50.2 | $343,001 |
| Rebekah Compton | Advance Pract Prv Dr. | 46.2 | $318,855 |
| Mo Nadkarni Md | Physician Director | 50.3 | $242,046 |
| Li Li Md | Physician Director | 49.7 | $205,241 |
| Marc Rickabaugh | Dir of Finance/corp Treasurer | 44.3 | $195,276 |
| Mitchell H Rosner Md | Chair, Medicine | 36.2 | $170,948 |
| Contractor | Services | Paid |
|---|---|---|
| Cq Partners LLC | Hearing Services | $1,100,636 |
| Bdo USA LLP | Auditing & Tax Svcs. | $497,849 |
8 grants to University of Virginia Physicians Group totaling $249K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Amyotrophic Lateral Sclerosis Assn | Annual grant payment fy22 center of excellence/research | 2021 | $25,000 |
| Amyotrophic Lateral Sclerosis Assn | Certified treatment center of excellence grant | 2019 | $25,000 |
| Muscular Dystrophy Association | Medical diagnosis | 2016 | $57,600 |
| Muscular Dystrophy Association | Medical diagnosis | 2015 | $57,600 |
| Musculoskeletal Transplant Foundation Inc | Resident education | 2015 | $8,500 |
| Muscular Dystrophy Association | Medical diagnosis | 2014 | $57,600 |
| Patient Access Network Foundation | Patient assistance | 2014 | $9,440 |
| Musculoskeletal Transplant Foundation Inc | Resident education | 2014 | $8,500 |
3 grants totaling $48.6M in FY2023. All grants made by University of Virginia Physicians Group →
| Recipient | Purpose | Amount |
|---|---|---|
| Rector & Visitors of the University of Virginia | See part iv | $46,604,741 |
| University of Virginia Medical School Foundation | See part iv | $2,000,000 |
| Orthopaedic Research and Education Foundation | See part iv | $32,000 |
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Data for University of Virginia Physicians Group (EIN 54-1124769) 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.