Civic Intelligence

Rpci Oncology PC

990 • Fiscal year 2016 • EIN 46-1355351

Apr 01, 2015 to Mar 31, 2016 • Filed on Feb 15, 2017

Elm Carlton StreetsBuffalo, NY 14263-0001

(716) 845-2300

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

55th percentile

0.46x

Higher debt load relative to assets than 55% of similar nonprofits.

2016 filings • NTEE E • $10M-$25M nonprofits • Source year 2016

Liabilities / Revenue

55th percentile

0.35x

Higher debt load relative to revenue than 55% of similar nonprofits.

2016 filings • NTEE E • $10M-$25M nonprofits • Source year 2016

Net Margin

13th percentile

-15%

Higher net margin than 13% of similar nonprofits.

2016 filings • NTEE E • $10M-$25M nonprofits • Source year 2016

Top Officer Pay

87th percentile

$1,248,745

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 5.5% of source-year revenue.

2016 filings • NTEE E • $10M-$25M nonprofits • Source year 2016

Asset Growth

80th percentile

17%

Faster asset growth than 80% of similar nonprofits.

2016 filings • NTEE E • $10M-$25M nonprofits • Annualized from 2015 to 2016

Revenue Growth

96th percentile

89%

Faster revenue growth than 96% of similar nonprofits.

2016 filings • NTEE E • $10M-$25M nonprofits • Annualized from 2015 to 2016

Assets

Up

$16,887,175

Up $2,451,421 (+17%) from 2015

Net Assets

Down

$9,038,882

Down $831,907 (-8.4%) from 2015

Liabilities

Up

$7,848,293

Up $3,283,328 (+72%) from 2015

Revenue

Up

$22,627,993

Up $10,626,713 (+89%) from 2015

Expenses

Up

$26,009,900

Up $12,545,563 (+93%) from 2015

Net Income

Down

-$3,381,907

Down $1,918,850 (-131%) from 2015

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$40M$30M$20M$10M$0Assets 2013: $2,396,550Liabilities 2013: $71,430Net Assets 2013: $2,325,1202013Assets 2014: $2,271,560Liabilities 2014: $296,714Net Assets 2014: $1,974,8462014Assets 2015: $14,435,754Liabilities 2015: $4,564,965Net Assets 2015: $9,870,7892015Assets 2016: $16,887,175Liabilities 2016: $7,848,293Net Assets 2016: $9,038,8822016Assets 2017: $16,605,597Liabilities 2017: $2,315,419Net Assets 2017: $14,290,1782017Assets 2018: $17,061,014Liabilities 2018: $2,063,780Net Assets 2018: $14,997,2342018Assets 2019: $15,448,371Liabilities 2019: $3,641,291Net Assets 2019: $11,807,0802019Assets 2020: $18,836,393Liabilities 2020: $5,064,993Net Assets 2020: $13,771,4002020Assets 2021: $16,914,565Liabilities 2021: $4,470,045Net Assets 2021: $12,444,5202021Assets 2022: $19,088,362Liabilities 2022: $7,004,415Net Assets 2022: $12,083,9472022Assets 2023: $24,129,628Liabilities 2023: $9,409,116Net Assets 2023: $14,720,5122023Assets 2024: $28,552,779Liabilities 2024: $10,293,293Net Assets 2024: $18,259,4862024Assets 2025: $32,599,022Liabilities 2025: $16,012,473Net Assets 2025: $16,586,5492025

Highlighted filing

2016

Assets$16,887,175
Liabilities$7,848,293
Net Assets$9,038,882

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$150M$100M$50M$0-$50MRevenue 2013: $1,422,244Expenses 2013: $1,497,124Net Income 2013: -$74,8802013Revenue 2014: $4,653,962Expenses 2014: $5,004,236Net Income 2014: -$350,2742014Revenue 2015: $12,001,280Expenses 2015: $13,464,337Net Income 2015: -$1,463,0572015Revenue 2016: $22,627,993Expenses 2016: $26,009,900Net Income 2016: -$3,381,9072016Revenue 2017: $33,082,572Expenses 2017: $38,647,372Net Income 2017: -$5,564,8002017Revenue 2018: $46,767,673Expenses 2018: $46,060,617Net Income 2018: $707,0562018Revenue 2019: $50,047,504Expenses 2019: $52,383,675Net Income 2019: -$2,336,1712019Revenue 2020: $57,706,060Expenses 2020: $55,506,061Net Income 2020: $2,199,9992020Revenue 2021: $55,982,882Expenses 2021: $55,873,631Net Income 2021: $109,2512021Revenue 2022: $66,318,134Expenses 2022: $66,254,550Net Income 2022: $63,5842022Revenue 2023: $77,412,531Expenses 2023: $74,784,491Net Income 2023: $2,628,0402023Revenue 2024: $92,946,657Expenses 2024: $89,022,612Net Income 2024: $3,924,0452024Revenue 2025: $102,064,282Expenses 2025: $103,466,302Net Income 2025: -$1,402,0202025

Highlighted filing

2016

Revenue$22,627,993
Expenses$26,009,900
Net Income-$3,381,907
Jump To
Filing Snapshot
Filing Period
Apr 1, 2015 to Mar 31, 2016
Signed
Feb 15, 2017
Return Version
2015v3.0
Gross Receipts
$22,627,993
Mission and Program Overview

Mission

The purpose of the organization is exclusively charitable, scientific and educational, particularly to engage in the practice of medicine and related services in furtherance of the public and charitable purposes of roswell park cancer institute and health research incorporated by promoting access to quality healthcare services through the recruitment and employment of physicians as necessary to meet the needs of thier local communities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Intangible Assets$6,889,084$7,587,794▲ $698,710
Accounts Receivable$4,530,042$4,053,304▼ $476,738
Cash and Non-Interest-Bearing Accounts$1,329,315$3,474,075▲ $2,144,760
Land, Buildings, and Equipment, Net$970,812$854,153▼ $116,659
Inventories for Sale or Use$624,590$800,923▲ $176,333
Prepaid Expenses and Deferred Charges$81,911$106,926▲ $25,015
Total Assets$14,435,754$16,887,175▲ $2,451,421
Other Assets Total$10,000$10,000→ $0
Liabilities
Other Liabilities$3,750,000$5,650,000▲ $1,900,000
Accounts Payable and Accrued Expenses$814,965$2,198,293▲ $1,383,328
Total Liabilities$4,564,965$7,848,293▲ $3,283,328
Net Assets / Fund Balance
Unrestricted Net Assets$9,870,789$9,038,882▼ $831,907
Total Net Assets Fund Balance$9,870,789$9,038,882▼ $831,907
Total Liabilities and Net Assets / Fund Balance$14,435,754$16,887,175▲ $2,451,421

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$854,153$258,466$1,112,619
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Ronald Bauer MdPhysicianFT$1,244,118$4,627$1,248,745
Saifuddin Soniwala MdPhysicianFT$932,173$4,644$936,817
Jairus T Ibabao MdPhysicianFT$492,492$4,816$497,308
Adam Kotowski MdPhysicianFT$482,105$10,862$492,967
Hussein Ali-ahmad MdPhysicianFT$251,214$5,094$256,308

Board Members and Trustees

NameTitle
Thomas Schwaab MdPresident
Alex Adjei Md PhdVice President (to 3/16/16)
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$22,627,993
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-3,381,907

Audited Revenue Reconciliation

Revenue per Audited Statements
$22,627,993
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$22,627,993
Total Revenue per Form 990
$22,627,993
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$19,515,944
Salaries, Compensation, and Employee Benefits$6,493,956
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$5,794,395--$5,794,395
Other Employee Benefits$699,561--$699,561
Fees for Services Other$655,559--$655,559
Depreciation Depletion$628,738--$628,738
Occupancy$553,061--$553,061
Interest-$155,922-$155,922
Insurance-$142,992-$142,992
Other Expenses$17,163,192$14,904-$14,904
Advertising-$7,679-$7,679
Total Functional Expenses$25,494,506$515,394$0$26,009,900

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$26,009,900
Total Expenses per Audited Statements$26,009,900
Total Expenses per Form 990$26,009,900
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Related Party$5,650,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The organization has one shareholder.

Form 990, Part VI, Section A, Line 7A

The sole shareholder elects the directors from nominees designated by roswell park cancer institute corporation, a related party.

Form 990, Part VI, Section A, Line 7B

The sole shareholder elects the directors from nominees designated by roswell park cancer institute corporation, a related entity.

Form 990, Part VI, Section B, Line 11

The form 990 is prepared by an independent outside accounting firm. It is then reviewed by members of the organization. Prior to filing, copies of form 990 are provided to all board members for comments.

Form 990, Part VI, Section B, Line 12C

All directors, officers, committee members and employees are expected to regulate their activities so as to avoid actual impropriety and/or the appearance of impropriety which might arise from the influence of those activities on business decisions of rpci oncology, p.c., or from disclosure or private use of business affairs or plans of rpci oncology, p.c. Rpci oncology, p.c. Expects each person to whom the code of conduct applies, to abide by the principles and standards set forth in the code of conduct and to conduct the business and affairs of rpci oncology, p.c. In a manner consistent with the general principles of the organization. Violations of the policy will be addressed through corrective counseling and/or progressive discipline process, as applicable.

Form 990, Part VI, Section B, Line 15

Alex adjei, md, a former vice-president and thomas schwaab, sole shareholder and current president, were compensated by a related entity, roswell park cancer institute corporation.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request. Also available on guidestar.com

Filing and Contact Details

Filer

Filer Name
Rpci Oncology Pc
EIN
46-1355351
Phone
7168452300
Address
ELM CARLTON STREETS, BUFFALO, NY 14263-0001

Signing Officer

Name
Thomas Schwaab Md
Title
President
Phone
7168452300
Signed
2017-02-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Thomas Schwaab Md
Formed
2012
Legal Domicile
Ny
Voting Board Members
1
Independent Board Members
0
Employees
41
Volunteers
0

Preparer

Firm
Freed Maxick Cpas Pc
Address
424 MAIN STREET SUITE 800, BUFFALO, NY 14202-3508
Preparer
Mary Madonia
Phone
7168472651
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Capital contrib. From roswell park cancer institute corp., a related party 2,550,000.

Form 990, Part XI, Line 2C

The organization has an audit committee that assumes responsibility for the oversight of the audit of its financial statements and selection of an independent accountant. There has been no change in the audit oversight process or the independent selection process from the prior year.

Financial Statement Notes

PART X, LINE 2:

Rpcio is a not-for-profit organization as described in section 501(c)(3) of the internal revenue code and is generally exempt from federal and state income taxes on related income pursuant to section 501(a) of the code.

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IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
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IRS990/PYOtherRevenueAmt00
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IRS990/PYTotalExpensesAmt013464337
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt012001280
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-3381907
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
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IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt022627993
IRS990ScheduleA/HospitalInd0X
IRS990/ScheduleBRequiredInd00
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IRS990ScheduleD/EquipmentGrp/DepreciationAmt0258466
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01112619
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt026009900
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO RELATED PARTY
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0RPCIO IS A NOT-FOR-PROFIT ORGANIZATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS GENERALLY EXEMPT FROM FEDERAL AND STATE INCOME TAXES ON RELATED INCOME PURSUANT TO SECTION 501(A) OF THE CODE.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
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IRS990ScheduleD/TotalLiabilityAmt05650000
IRS990ScheduleD/TotalRevenuePerForm990Amt022627993
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt022627993
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt026009900
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt2251214
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt3492492
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt41244118
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt5932173
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt6482105
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount60
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt50
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt60
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0490195
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt20
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt50
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt60
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt50
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt60
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt20
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt60
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt50
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt60
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt25094
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt34816
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt44627
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt54644
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt610862
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt60
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0THOMAS SCHWAAB MD
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1ALEX ADJEI MD PHD
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2HUSSEIN ALI-AHMAD MD
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm3JAIRUS T IBABAO MD
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm4RONALD BAUER MD
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm5SAIFUDDIN SONIWALA MD
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm6ADAM KOTOWSKI MD
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1VICE PRESIDENT (TO 3/16/16)
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2PHYSICIAN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt3PHYSICIAN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt4PHYSICIAN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt5PHYSICIAN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt6PHYSICIAN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt60
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0ALEX ADJEI, MD, A FORMER VICE-PRESIDENT AND THOMAS SCHWAAB, SOLE SHAREHOLDER AND CURRENT PRESIDENT, WERE COMPENSATED BY A RELATED ENTITY, ROSWELL PARK CANCER INSTITUTE CORPORATION.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE #3
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS ONE SHAREHOLDER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE SOLE SHAREHOLDER ELECTS THE DIRECTORS FROM NOMINEES DESIGNATED BY ROSWELL PARK CANCER INSTITUTE CORPORATION, A RELATED PARTY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE SOLE SHAREHOLDER ELECTS THE DIRECTORS FROM NOMINEES DESIGNATED BY ROSWELL PARK CANCER INSTITUTE CORPORATION, A RELATED ENTITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FORM 990 IS PREPARED BY AN INDEPENDENT OUTSIDE ACCOUNTING FIRM. IT IS THEN REVIEWED BY MEMBERS OF THE ORGANIZATION. PRIOR TO FILING, COPIES OF FORM 990 ARE PROVIDED TO ALL BOARD MEMBERS FOR COMMENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ALL DIRECTORS, OFFICERS, COMMITTEE MEMBERS AND EMPLOYEES ARE EXPECTED TO REGULATE THEIR ACTIVITIES SO AS TO AVOID ACTUAL IMPROPRIETY AND/OR THE APPEARANCE OF IMPROPRIETY WHICH MIGHT ARISE FROM THE INFLUENCE OF THOSE ACTIVITIES ON BUSINESS DECISIONS OF RPCI ONCOLOGY, P.C., OR FROM DISCLOSURE OR PRIVATE USE OF BUSINESS AFFAIRS OR PLANS OF RPCI ONCOLOGY, P.C. RPCI ONCOLOGY, P.C. EXPECTS EACH PERSON TO WHOM THE CODE OF CONDUCT APPLIES, TO ABIDE BY THE PRINCIPLES AND STANDARDS SET FORTH IN THE CODE OF CONDUCT AND TO CONDUCT THE BUSINESS AND AFFAIRS OF RPCI ONCOLOGY, P.C. IN A MANNER CONSISTENT WITH THE GENERAL PRINCIPLES OF THE ORGANIZATION. VIOLATIONS OF THE POLICY WILL BE ADDRESSED THROUGH CORRECTIVE COUNSELING AND/OR PROGRESSIVE DISCIPLINE PROCESS, AS APPLICABLE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ALEX ADJEI, MD, A FORMER VICE-PRESIDENT AND THOMAS SCHWAAB, SOLE SHAREHOLDER AND CURRENT PRESIDENT, WERE COMPENSATED BY A RELATED ENTITY, ROSWELL PARK CANCER INSTITUTE CORPORATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. ALSO AVAILABLE ON GUIDESTAR.COM
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7CAPITAL CONTRIB. FROM ROSWELL PARK CANCER INSTITUTE CORP., A RELATED PARTY 2,550,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8THE ORGANIZATION HAS AN AUDIT COMMITTEE THAT ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THERE HAS BEEN NO CHANGE IN THE AUDIT OVERSIGHT PROCESS OR THE INDEPENDENT SELECTION PROCESS FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XI, LINE 9:

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