Ut Medical Group Inc
84% goes to programs
Ut Medical Group Inc is a 501(c)(3) organization based in Memphis, Tennessee, registered in 1983, with $85,488,061 in FY2024 revenue. CharityIndex grades it A, and it directs about 84% of spending to programs.
1068 Cresthaven Rd Ste 300, Memphis, TN, 38119 EIN 62-1162462 Since 1983
Revenue (FY2024)
$85.5M
▲ 5.8% vs prior year
Health median: $840K
Expenses (FY2024)
$82.5M
Net assets
$22.4M
Employees
583
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating84% 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 Ut Medical Group Inc: 84% to programs earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating3 mo reserves · +3% 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 Ut Medical Group Inc: 3 mo reserves · +3% margin earns a A on this criterion. See the exact thresholds →
AGovernance25% of the rating5 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 Ut Medical Group Inc: 5 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 Ut Medical Group Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Mission
To be a successful physician led, professionally managed medical practice that benefits our patients and our community, while supporting the ut health science center's mission through clinical excellence, financial responsibility and a culture of care at every touch point.
Contact & location
- Address
- 1068 Cresthaven Rd Ste 300, Memphis, TN, 38119
- City
- Memphis
- State
- Tennessee
- Category
- Health Care
- Subcategory
- Clinics & Primary Care
- Phone
- …
- Website
- …
Financial trends
Revenue declined from $117.4M (FY2013) to $85.5M (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $21.3MNet assets $22.4M
Operating margin
3.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$43.7M
Total liabilities
$21.3M
Net assets
$22.4M
Salaries & benefits
$57.5M
70% of expenses
Board members
9
0 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $85,488,061▲5.8% | $82,519,827▼1.6% | $22,406,953▲15.3% | $43,702,708▼0.8% | 990 |
| 2023 | $80,832,279▼5.5% | $83,853,741▼4.4% | $19,438,719▼13.4% | $44,059,544▼7.6% | 990 |
| 2022 | $85,555,164▼5.6% | $87,680,850▼3.3% | $22,458,108▼9.5% | $47,663,795▲1.8% | 990 |
| 2021 | $90,614,625▼4.4% | $90,646,887▼3.1% | $24,805,054▼0.4% | $46,840,013▼9.3% | 990 |
| 2020 | $94,800,511▲19.5% | $93,586,960▲15.4% | $24,896,944▲4.5% | $51,648,174▲11.0% | 990 |
| 2019 | $79,350,880▲7.1% | $81,107,575▲5.1% | $23,823,100▼5.1% | $46,543,175▲19.3% | 990 |
| 2018 | $74,071,659▲23.5% | $77,160,934▲33.2% | $25,104,413▼7.8% | $39,025,304▲6.0% | 990 |
| 2017 | $59,968,856▲14.0% | $57,914,925▲13.8% | $27,214,646▲6.2% | $36,807,417▲3.2% | 990 |
| 2016 | $52,615,418▼28.6% | $50,913,059▼36.6% | $25,627,735▲7.7% | $35,663,876▲9.1% | 990 |
| 2014 | $73,688,791▼37.2% | $80,293,133▼18.0% | $23,791,514▼21.7% | $32,690,274▼29.0% | 990 |
| 2013 | $117,357,223 | $97,907,429▼36.6% | $30,395,856▲174% | $46,048,646▼24.2% | 990 |
| 2012 | — | $154,338,567▲24.5% | $11,108,517▼69.6% | $60,771,025▼9.4% | 990 |
| 2011 | — | $123,949,131▼0.7% | $36,492,819▲8.2% | $67,087,792▲1.4% | 990 |
| 2010 | — | $124,840,887▼7.3% | $33,728,807▲7.9% | $66,150,602▼0.9% | 990 |
| 2009 | — | $134,696,661 | $31,253,998 | $66,729,155 | 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: Milton Randall — $792,058 (0.96% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Milton Randall | Physician | 38 | $792,058 |
| David Peeler | Physician | 38 | $707,947 |
| Devra Becker | Physician | 38 | $641,935 |
| Brion Randolph | Physician | 38 | $608,518 |
| Ajay Talati | Secretary, Chair of Uthsc | 10 | $579,461 |
| Tejesh Patel | Chair of Uthsc Dept of Der | 38 | $526,204 |
| Hieu Q Vo | Physician | 38 | $494,007 |
| Marion Boyd Gillespie | Chair of Uthsc Dept of Oto | 10 | $431,903 |
| Shannon Tacker | Ceo and Board Member | 40 | $322,767 |
| Michael Jackson | Cfo | 40 | $225,903 |
| Courtney Love | Chief Administrative Officer | 40 | $209,694 |
| Muneeza Khan | Chair of Uthsc Dept of Fam | 2 | $89,833 |
| David Shibata | Chair of Uthsc Dept of Sur | 2 | — |
| G Nicholas Verne | Chair of Uthsc Dept of Med | 2 | — |
| Paul Wesolowski | Vice Chancellor of Strategic Pship | 2 | — |
| Raaj Kurapati | Exec Vice Chancellor of Ut | 2 | — |
| Robert Bradley Canada | Chief Medical Officer | 10 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Ensearch Management LLC | Consulting | $779,795 |
| James Eric Gardner Md PC | Vascular Surgery | $576,177 |
| Omar Saeed | Medical Services | $169,497 |
| Asif Saeed Kazmi Md | Medical Services | $166,878 |
| Mellon Consulting Group LLC | Consulting | $161,162 |
Grants received · $21K total
3 grants to Ut Medical Group Inc totaling $21K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Community Foundation of Greater Memphis Inc | General operational support | 2021 | $9,968 |
| Community Foundation of Greater Memphis Inc | General operational support | 2020 | $5,500 |
| Community Foundation of Greater Memphis Inc | General operational support | 2020 | $5,500 |
Grants made · $143K in FY2024
1 grant totaling $143K in FY2024. All grants made by Ut Medical Group Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| University of Tennessee Health Sciences Center | Support for neonatology program. | $143,222 |
Similar organizations in Health
Health
Ut Le Bonheur Pediatric Specialists Inc
Memphis, TN
$85.7M
Cannual revenue
Health
Frontier Health
Gray, TN
$88.8M
Aannual revenue
Health
Ocoee Foundation Inc
Cleveland, TN
$90.0M
Aannual revenue
Health
Music City Prep Clinic
Nashville, TN
$79.9M
A+annual revenue
Health
Ut Regional One Physicians Inc
Memphis, TN
$93.1M
Bannual revenue
Health
Cherokee Health Systems
Talbott, TN
$94.1M
Aannual revenue
Health
Sweetwater Hospital Association
Sweetwater, TN
$75.4M
B+annual revenue
Health
Proton Therapy Center LLC
Knoxville, TN
$98.3M
B+annual revenue
Health
Christ Community Health Services Inc
Memphis, TN
$72.6M
Aannual revenue
Health
Wellmont Cardiology Services
Johnson City, TN
$72.5M
C+annual revenue
Compare Ut Medical Group Inc
Frequently asked questions
- Is Ut Medical Group Inc a legitimate nonprofit?
- Yes. Ut Medical Group Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 62-1162462, based in Memphis, Tennessee. Donations are tax-deductible.
- What is Ut Medical Group Inc's EIN?
- Ut Medical Group Inc's Employer Identification Number (EIN) is 62-1162462.
- How much revenue does Ut Medical Group Inc report?
- Ut Medical Group Inc reported $85,488,061 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Ut Medical Group Inc's spending goes to programs?
- Ut Medical Group Inc spends about 84% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Ut Medical Group Inc have?
- CharityIndex grades Ut Medical Group Inc A, based on program efficiency and fundraising cost.
- How much does Ut Medical Group Inc's highest-paid employee make?
- The highest reported compensation on Ut Medical Group Inc's latest Form 990 is $792,058, paid to Milton Randall (Physician).
More nonprofits in Memphis
Explore more
Data for Ut Medical Group Inc (EIN 62-1162462) 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.