Virtua Medical Group Pa
Virtua Medical Group Pa reported $592.3 million in revenue and $755.9 million in expenses for calendar year 2024. Of every $100 it spent, $95.89 went to program services, $4.11 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 100.0% of the total. The highest compensation it reported for one person was $1,797,288 (VP CLINICAL OPERATION). 1,154 people received more than $100,000 in reportable compensation. Revenue rose 201% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $756MFor context, the median across 5,634 covered health care charities: $86.19 programs, $13.81 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2024 · Form 990, Part VIII · total revenue $592MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 95.9% | 85.6% |
| Management & general Part IX 25(C) ÷ 25(A) | 4.1% | 13.7% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | Not reported | $0.00 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 0.0% | 1.3% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 0.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 100.0% | 93.7% |
| Highest reported compensation Part VII-A, columns D–F | $1,797,288 | $975,831 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.24% | 1.34% |
| People paid over $100,000 Part VII, line 2 | 1,154 | 27 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 1.2 | 6.6 |
| Independent voting board members Part VI 1a–1b | 1 of 4 | 88.9% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2024 · Form 990, Part III · the three largest programs by expenseCardiologyvirtua cardiology group provides the highest level of care available to patients over age 18 with a broad range of cardiac conditions.virtua cardiology group physicians specialize in medical cardiology, diagnosing and treating patient conditions including congenital heart defects, coronary artery disease, heart failure and vascular heart disease. Cardiologists specialize in many forms of diagnostic testing, such as stress testing, electrocardiography, heart rhythm monitoring, cardiac mri, coronary artery calcium scoring, coronary ct angiography, intravascular ultrasound, and nuclear…
Virtua is a leader in surgery, offering expert surgeons in a range of specialties. This leadership extends into virtua's operating rooms, which employ advanced surgical and imaging technologies for use during minimally invasive surgeries, and onto patient units, where specialized post-surgical care is provided for patients.general surgeryvirtua's board-certified general surgeons specialize in performing emergency and elective surgical procedures, as well as diagnosing and treating abdominal pain. Surgeries include gall bladder removal, hernia repair, appendectomies, tumor removal, and liver…
Highly trained and experienced, the practitioners of Virtua Medical Group are exceptional in their fields and devoted to their patients. Virtua Medical Group physicians are supported by the vast network of virtua facilities. From advanced diagnostic testing, outpatient surgery, physical therapy, and fitness & wellness centers, to hospitalization and nursing home care if needed, Virtua Medical Group physicians provide the care patients need, when and where they need it. Physician services are provided to all community members including those who are insured under medical assistance programs…
Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| VP CLINICAL OPERATION Key employee, 40.00 hrs/week | $1,727,196 | $0 | $70,092 | $1,797,288 |
| PRESIDENT/EVP Director/trustee, officer, 0.10 hrs/week | $0 | $1,702,837 | $51,558 | $1,754,395 |
| LEAD PHYSICIAN Highest compensated employee, 40.00 hrs/week | $1,644,068 | $0 | $19,068 | $1,663,136 |
| PHYSICIAN Highest compensated employee, 40.00 hrs/week | $1,464,409 | $0 | $73,292 | $1,537,701 |
| PHYSICIAN Highest compensated employee, 40.00 hrs/week | $1,433,407 | $0 | $43,600 | $1,477,007 |
| LEAD PHYSICIAN Highest compensated employee, 40.00 hrs/week | $1,433,116 | $0 | $31,738 | $1,464,854 |
| LEAD PHYSICIAN Highest compensated employee, 40.00 hrs/week | $1,279,475 | $0 | $58,163 | $1,337,638 |
| VP OPERATIONS Key employee, 40.00 hrs/week | $1,124,798 | $0 | $70,092 | $1,194,890 |
1,154 people received more than $100,000 in reportable compensation from Virtua Medical Group Pa (Part VII, line 2). Compensation of current officers, directors and key employees totaled $7.9M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b4 · 1 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aNo
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 53,643
- Volunteers Part I, line 61
Correct a figure or respond
Every number above is copied from Virtua Medical Group Pa's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Virtua Medical Group Pa, you can publish a response that is linked from this page.
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Of every $100 Virtua Medical Group Pa spent in 2024, $95.89 went to programs. The full breakdown, from its IRS Form 990:
Questions people ask
How much of Virtua Medical Group Pa's spending goes to programs?
In calendar year 2024, Virtua Medical Group Pa reported that 95.9% of its $755.9 million in expenses went to program services, 4.1% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Virtua Medical Group Pa pay its top executive?
The largest total compensation Virtua Medical Group Pa reported for one person in calendar year 2024 was $1,797,288, for the role of VP CLINICAL OPERATION (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Virtua Medical Group Pa get its money?
Of $592.3 million in revenue in calendar year 2024, 0.0% came from contributions and grants and 100.0% from program service revenue (Form 990, Part VIII).
Is Virtua Medical Group Pa a registered charity?
The IRS lists EIN 27-1348772 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2024: Form 990 for calendar year 2024, object 202543219349306584 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202413189349306011 · read the filing
- 2022: Form 990 for calendar year 2022, object 202343179349309914 · read the filing
- 2021: Form 990 for calendar year 2021, object 202213199349307596 · read the filing
- 2020: Form 990 for calendar year 2020, object 202103169349307005 · read the filing
- 2019: Form 990 for calendar year 2019, object 202033159349304698 · read the filing
All filings for EIN 27-1348772: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.