Moses Cone Affiliated Physicians
Moses Cone Affiliated Physicians reported $89.3 million in revenue and $89.3 million in expenses for the fiscal year ending September 30, 2024. Of every $100 it spent, $90.00 went to program services, $10.00 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: 99.8% of the total. The highest compensation it reported for one person was $1,690,221 (PHYSICIAN). 148 people received more than $100,000 in reportable compensation. Revenue fell 19% between FY2020 and FY2024. Source: Form 990, FY2024 (3 mo.).
Where $100 of spending went
The 3-month short period ending December 31, 2024 · Form 990, Part IX, line 25 · total expenses $89MFor 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
The 3-month short period ending December 31, 2024 · Form 990, Part VIII · total revenue $89MInvestment income was negative: −$103K. The bar shows the positive sources only.
The 990 scorecard · same measures for every charity, no grades
| Measure | FY2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 90.0% | 85.6% |
| Management & general Part IX 25(C) ÷ 25(A) | 10.0% | 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 | 99.8% | 93.7% |
| Highest reported compensation Part VII-A, columns D–F | $1,690,221 | $975,831 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.89% | 1.34% |
| People paid over $100,000 Part VII, line 2 | 148 | 27 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | -21.7 | 6.6 |
| Independent voting board members Part VI 1a–1b | 0 of 2 | 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
FY2024 (3 mo.) · Form 990, Part III · the three largest programs by expenseDelivery of physician services for the benefit of residents of the community. Moses Cone Affiliated Physicians accomodated 320,157 office, hospital, and telehealth visits for the year. Of the total gross charges booked for the year, 57.51% were for medicare or medicaid patients. For the year, Moses Cone Affiliated Physicians provided $801,289 of charity care to the community
Highest reported compensation
FY2024 (3 mo.) · 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 |
|---|---|---|---|---|
| PHYSICIAN Highest compensated employee, 40.0 hrs/week | $1,589,250 | $0 | $100,971 | $1,690,221 |
| DIRECTOR Director/trustee, 0.0 hrs/week | $0 | $1,587,536 | $90,745 | $1,678,281 |
| PHYSICIAN Highest compensated employee, 40.0 hrs/week | $1,503,916 | $0 | $61,031 | $1,564,947 |
| PHYSICIAN Highest compensated employee, 40.0 hrs/week | $1,342,926 | $0 | $51,400 | $1,394,326 |
| PHYSICIAN Highest compensated employee, 40.0 hrs/week | $1,145,969 | $0 | $79,982 | $1,225,951 |
| PHYSICIAN Highest compensated employee, 40.0 hrs/week | $1,035,238 | $0 | $69,916 | $1,105,154 |
| DIRECTOR THRU 02/16/24 Director/trustee, 0.0 hrs/week | $0 | $902,565 | $82,340 | $984,905 |
| DIRECTOR Director/trustee, 0.0 hrs/week | $0 | $719,090 | $91,844 | $810,934 |
148 people received more than $100,000 in reportable compensation from Moses Cone Affiliated Physicians (Part VII, line 2). Compensation of current officers, directors and key employees totaled $0 (Part IX, line 5).
6 filings since FY2020
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2024 (3 mo.) · 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–1b2 · 0 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 15aYes
- 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 5822
Correct a figure or respond
Every number above is copied from Moses Cone Affiliated Physicians's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Moses Cone Affiliated Physicians, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Moses Cone Affiliated Physicians spent in FY2024, $90.00 went to programs. The full breakdown, from its IRS Form 990:
Questions people ask
How much of Moses Cone Affiliated Physicians's spending goes to programs?
In the fiscal year ending September 30, 2024, Moses Cone Affiliated Physicians reported that 90.0% of its $89.3 million in expenses went to program services, 10.0% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Moses Cone Affiliated Physicians pay its top executive?
The largest total compensation Moses Cone Affiliated Physicians reported for one person in the fiscal year ending September 30, 2024 was $1,690,221, for the role of PHYSICIAN (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Moses Cone Affiliated Physicians get its money?
Of $89.3 million in revenue in the fiscal year ending September 30, 2024, 0.0% came from contributions and grants and 99.8% from program service revenue (Form 990, Part VIII).
Is Moses Cone Affiliated Physicians a registered charity?
The IRS lists EIN 30-0554775 as a 501(c)(3) organization (hospital or medical research organization), 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
- FY2024 (3 mo.): Form 990 for the 3-month short period ending December 31, 2024, object 202533219349307893 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending September 30, 2024, object 202542269349301209 · read the filing
- FY2023: Form 990 for the fiscal year ending September 30, 2023, object 202442279349300924 · read the filing
- FY2022: Form 990 for the fiscal year ending September 30, 2022, object 202302269349302150 · read the filing
- FY2021: Form 990 for the fiscal year ending September 30, 2021, object 202242279349303584 · read the filing
- FY2020: Form 990 for the fiscal year ending September 30, 2020, object 202112229349302266 · read the filing
All filings for EIN 30-0554775: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.