Liabilities / Assets
60th percentile
Higher debt load relative to assets than 60% of similar nonprofits.
Asante Physician Partners
990 • Fiscal year 2013 • EIN 38-3849354
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.37x
Liabilities / Revenue
27th percentile
Higher debt load relative to revenue than 27% of similar nonprofits.
Net Margin
4th percentile
Higher net margin than 4% of similar nonprofits.
Top Officer Pay
Score unavailable
This filing does not contain officer compensation rows.
Asset Growth
99th percentile
Faster asset growth than 99% of similar nonprofits.
Revenue Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Balance Sheet
Assets
Up$4,859,766
Up $3,502,620 (+258%) from 2012
Net Assets
Up$3,075,973
Up $14,325,490 (+127%) from 2012
Liabilities
Down$1,783,793
Down $10,822,870 (-86%) from 2012
Revenue And Expenses
Revenue
$18,845,276
No earlier filing loaded for comparison.
Expenses
Up$31,095,275
Up $11,422,623 (+58%) from 2012
Net Income
-$12,249,999
No earlier filing loaded for comparison.
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Oct 1, 2012 to Sep 30, 2013
- Signed
- Aug 5, 2014
- Return Version
- 2012v2.1
- Gross Receipts
- $18,845,276
Mission and Program Overview
Mission
Asante physician partners exists to enhance the quality and cost-effective delivery of healthcare services in the community it serves by acting as a vehicle to promote the clinical integration of physicians and hospital services.
Major Activities
- Activity 2
- Asante physician partners second largest accomplishment based upon functional expense is the recruitment and retention of doctors in our community. During fiscal year 2013, asante physician partners recruited 27 doctors from out of the area, and also retained an additional 45 doctors who were in private practice in the community. One of asante physician partners main goals is to provide to the citizens of our community a broad array of general practitioners and medical specialists. We feel it is a significant benefit to the citizens of our community that they do not have to travel to a large city to obtain specialized medical treatment. Most of their medical needs can be met locally.
- Activity 3
- As for our final program service accomplishment, all the doctors that we recruited from out of the area filled an important community need. These included intensivists, pulmonologists, primary care doctors, urologists, neurologists, general surgery, orthopedic surgery, and behavioral health physicians. Many of these doctors are nationally recognized. App's goal is to offer a broad array of top quality medical professionals right here in the rogue valley.
Filing and Contact Details
Filer
- EIN
- 38-3849354
Raw XML AppendixShowing 400 of 840 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
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| IRS990/ActivitiesConductedPartnership | 0 | 0 |
| IRS990/Activity2/Description | 0 | ASANTE PHYSICIAN PARTNERS SECOND LARGEST ACCOMPLISHMENT BASED UPON FUNCTIONAL EXPENSE IS THE RECRUITMENT AND RETENTION OF DOCTORS IN OUR COMMUNITY. DURING FISCAL YEAR 2013, ASANTE PHYSICIAN PARTNERS RECRUITED 27 DOCTORS FROM OUT OF THE AREA, AND ALSO RETAINED AN ADDITIONAL 45 DOCTORS WHO WERE IN PRIVATE PRACTICE IN THE COMMUNITY. ONE OF ASANTE PHYSICIAN PARTNERS MAIN GOALS IS TO PROVIDE TO THE CITIZENS OF OUR COMMUNITY A BROAD ARRAY OF GENERAL PRACTITIONERS AND MEDICAL SPECIALISTS. WE FEEL IT IS A SIGNIFICANT BENEFIT TO THE CITIZENS OF OUR COMMUNITY THAT THEY DO NOT HAVE TO TRAVEL TO A LARGE CITY TO OBTAIN SPECIALIZED MEDICAL TREATMENT. MOST OF THEIR MEDICAL NEEDS CAN BE MET LOCALLY. |
| IRS990/Activity2/Expense | 0 | 5602831 |
| IRS990/Activity2/Revenue | 0 | 3745529 |
| IRS990/Activity3/Description | 0 | AS FOR OUR FINAL PROGRAM SERVICE ACCOMPLISHMENT, ALL THE DOCTORS THAT WE RECRUITED FROM OUT OF THE AREA FILLED AN IMPORTANT COMMUNITY NEED. THESE INCLUDED INTENSIVISTS, PULMONOLOGISTS, PRIMARY CARE DOCTORS, UROLOGISTS, NEUROLOGISTS, GENERAL SURGERY, ORTHOPEDIC SURGERY, AND BEHAVIORAL HEALTH PHYSICIANS. MANY OF THESE DOCTORS ARE NATIONALLY RECOGNIZED. APP'S GOAL IS TO OFFER A BROAD ARRAY OF TOP QUALITY MEDICAL PROFESSIONALS RIGHT HERE IN THE ROGUE VALLEY. |
| IRS990/Activity3/Expense | 0 | 2801415 |
| IRS990/Activity3/Revenue | 0 | 1872764 |
| IRS990/ActivityOrMissionDescription | 0 | ASANTE PHYSICIAN PARTNERS EXISTS TO ENHANCE THE QUALITY AND COST-EFFECTIVE DELIVERY OF HEALTHCARE SERVICES IN THE COMMUNITY IT SERVES BY ACTING AS A VEHICLE TO PROMOTE THE CLINICAL INTEGRATION OF PHYSICIANS AND HOSPITAL SERVICES. |
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| IRS990/Description | 0 | ASANTE PHYSICIAN PARTNERS LARGEST PROGRAM SERVICE ACCOMPLISHMENT TO TAKE PLACE DURING OUR FISCAL YEAR ENDING SEPT 30, 2013 WAS TO SEE 10,249 MEDICARE, 6,822 MEDICAID, AND 1050 UNINSURED PATIENTS. THESE PATIENTS MIGHT HAVE BEEN TURNED AWAY FROM OBTAINING MEDICAL SERVICES BY A PHYSICIAN IN PRIVATE PRACTICE. HOWEVER, SINCE THE PHYSICIANS AT ASANTE PHYSICIAN PARTNERS ARE EMPLOYED BY THE COMPANY, THEY TAKE ALL COMERS. WE FEEL THIS IS A SIGNIFICANT BENEFIT TO THE COMMUNITY. |
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| IRS990/OtherExpenses/ManagementAndGeneral | 1 | 384267 |
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| IRS990/OtherExpenses/Total | 3 | 371758 |
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| IRS990/OtherLiabilities/EOY | 0 | 1275685 |
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| IRS990/OtherNotesLoansReceivableNet/EOY | 0 | 5635 |
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| IRS990/OtherSalariesAndWages/Total | 0 | 20107677 |
| IRS990/OtherWebsite | 0 | X |
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| IRS990ScheduleD/Form990ScheduleDPartXIII/Explanation | 0 | FIN 48 FOOTNOTE. THE FINANCIAL STATEMENTS AND SCHEDULES OF ASANTE PHYSICIAN PARTNERS ARE AUDITED BY THE ACCOUNTING FIRM OF KPMG. THEY ARE COMPILED ON A CONSOLIDATED BASIS ALONG WITH OTHER ASANTE AFFILITATES. IT IS OF THE OPINION OF BOTH THE MANAGEMENT OF ASANTE PHYSICIAN PARTNERS AND KPMG THAT NO UNCERTAIN TAX POSITIONS WERE TAKEN DURING THE FISCAL YEAR. THIS OPINION IS STATED IN THE FOOTNOTES OF THE AUDITED CONSOLIDATED FINANCIAL STATEMENTS. |
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| IRS990ScheduleD/Form990ScheduleDPartXIII/ReturnReference | 0 | PART X, LINE 2: |
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| IRS990ScheduleD/OtherAssets/Description | 0 | PURCHASED GOODWILL |
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| IRS990ScheduleD/OtherLandBuildings/OtherCostOrOtherBasis | 0 | 1612829 |
| IRS990ScheduleD/OtherLiabilities/Amount | 0 | 762043 |
| IRS990ScheduleD/OtherLiabilities/Amount | 1 | 513642 |
| IRS990ScheduleD/OtherLiabilities/Description | 0 | BONUS/INCENTIVE PAYABLE |
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Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2013 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
- Assets
- $4,859,766
- Liabilities
- $1,783,793
- Net assets
- $3,075,973
- Revenue
- $18,845,276
- Expenses
- $31,095,275
- Net income
- -$12,249,999
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