EIN 54-1581185

MCV Physicians

Name: MCV Physicians financials for 2023
Creator: Cause IQ
License: https://creativecommons.org/licenses/by-nc-nd/4.0/

IRS 501(c) type

501(c)(3)

Num. employees

3,230

City

Richmond

State

Virginia

Year formed

1991

Most recent tax filings

2023-06-01

NTEE code, primary

E31: Group Health Practice

Description

MCV Physicians supports the healthcare needs of the community and the mission of the VCU School of Medicine by providing physicians and other healthcare professionals. The organization operates for the benefit of Virginia Commonwealth University, a tax-exempt organization under IRC section 170(c)(1). MCV Physicians is located in Richmond, VA.

Also known as...

MCV Associated Physicians

Total revenues

$632,316,187

2023

Total expenses

$731,700,018

2023

Total assets

$1,741,033,119

2023

Num. employees

3,230

2023

Program areas at MCV Physicians

MCV Associated Physicians d/b/a MCV Physicians (mcvp) is organized and operated exclusively for the benefit of Virginia commonwealth university (vcu), a tax-exempt organization as described under internal revenue code (irc) section 170(c)(1). On july 1, 2000, mcvp became part of the vcu health system along with the MCV hospital authority. Mcvp serves as the only burn center and full range cancer center in the area. In support of the medical school, mcvp provides essential services to and works closely with the vcu health system - MCV hospital; a division of mcv/vcu and affiliated ambulatory care centers.

Who funds MCV Physicians

Grants from foundations and other nonprofits

Grantmaker	Grantmaker tax period	Description	Amount
Muscular Dystrophy Association	2023-12	Medical Diagnosis	$40,000
Reach Out and Read	2023-06	Encourage Reading	$0

Personnel at MCV Physicians

Name	Title	Compensation	Date of data
Darrell Griffith	Chief Operating Officer Treasurer	$522,299	2023-05-13
Alex Valadka	Neurosurgeon / Neurosurgeon / Physician and Professor	$909,841	2022-06-30
Brian Cameron	Neurosurgeon / Neurosurgeon / Physician and Associate Professor	$929,266	2022-06-30
Dennis Rivet	Neurosurgeon	$955,438	2022-06-30
Robert Graham	Neurosurgeon / Neurosurgeon / Physician	$884,961	2022-06-30
...and 6 more key personnel

Financials for MCV Physicians

Revenues	FYE 06/2023	FYE 06/2022	% Change
Total grants, contributions, etc.	$46,830,155	$47,651,343	-1.7%
Program services	$585,483,106	$522,262,019	12.1%
Investment income and dividends	$669,170	$483,896	38.3%
Tax-exempt bond proceeds	$0	$0	-
Royalty revenue	$0	$2,159	-100%
Net rental income	$0	$0	-
Net gain from sale of non-inventory assets	$-666,411	$1,993,269	-133.4%
Net income from fundraising events	$0	$0	-
Net income from gaming activities	$0	$0	-
Net income from sales of inventory	$0	$0	-
Miscellaneous revenues	$167	$11,664	-98.6%
Total revenues	$632,316,187	$572,404,350	10.5%

Form 990s for MCV Physicians

Fiscal year ending	Date received by IRS	Form	PDF link
2023-06	2024-05-14	990	View PDF
2022-06	2023-05-13	990	View PDF
2021-06	2022-05-16	990	View PDF
2020-06	2021-05-28	990	View PDF
2019-06	2021-02-09	990	View PDF
...and 9 more Form 990s

Organizations like MCV Physicians

Organization	Type	Location	Revenue
University of Minnesota Physicians	501(c)(3)	Minneapolis, MN	$902,949,353
University of Virginia Physicians Group	501(c)(3)	Charlottesville, VA	$649,702,251
Cook Children's Physician Network	501(c)(3)	Fort Worth, TX	$425,619,452
Trihealth Physician Enterprise Corporation	501(c)(3)	Cincinnati, OH	$331,824,574
Mcleod Physician Associates Ii	501(c)(3)	Florence, SC	$234,225,920
Ohio State University Physicians (OSUP)	501(c)(3)	Columbus, OH	$1,033,363,427
University of Cincinnati Physicians	501(c)(3)	Cincinnati, OH	$362,539,504
Southcoast Physicians Group	501(c)(3)	Fairhaven, MA	$263,776,064
Jefferson University Physicians (JUP)	501(c)(3)	Philadelphia, PA	$486,472,780
Tower Health Medical Group	501(c)(3)	Reading, PA	$225,322,702

Data update history

July 10, 2024

Used new vendors

Identified 2 new vendors, including , and

April 23, 2024

Updated personnel

Identified 12 new personnel

July 25, 2023

Posted financials

Added Form 990 for fiscal year 2021

July 19, 2023

Posted financials

Added Form 990 for fiscal year 2022

July 3, 2023

Updated personnel

Identified 7 new personnel

Nonprofit Types

ClinicsHealth organizationsHeadquarter / parent organizations

Issues

HealthMedical disciplines

Characteristics

Operates internationallyEndowed supportTax deductible donationsAccepts online donations

General information

Address: 830 E Main St 2400; Richmond, VA 23219
Metro area: Richmond, VA
County: Richmond city, VA
Website URL: vcuhealth.org/mcv-physicians
Phone: (804) 827-8400

IRS details

EIN: 54-1581185
Fiscal year end: June
Taxreturn type: Form 990
Year formed: 1991
Eligible to receive tax-deductible contributions (Pub 78): Yes

Categorization

NTEE code, primary: E31: Group Health Practice
NAICS code, primary: 621: Outpatient Health Care Practitioners and Facilities
Parent/child status: Central organization

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MCV Physicians

Program areas at MCV Physicians

Who funds MCV Physicians

Personnel at MCV Physicians

Financials for MCV Physicians

Form 990s for MCV Physicians

Organizations like MCV Physicians

Nonprofits

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