THS Physician Partners
THS Physician Partners reported $55.7 million in revenue and $98.0 million in expenses for calendar year 2024. Of every $100 it spent, $95.10 went to program services, $4.90 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: 99.0% of the total. The highest compensation it reported for one person was $2,726,279 (Board President Jan - March, WVUHS President). 53 people received more than $100,000 in reportable compensation. Revenue rose 179% between FY2020 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $98MFor 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 $56MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 95.1% | 85.6% |
| Management & general Part IX 25(C) ÷ 25(A) | 4.9% | 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 | 99.0% | 93.7% |
| Highest reported compensation Part VII-A, columns D–F | $2,726,279 | $975,831 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 2.78% | 1.34% |
| People paid over $100,000 Part VII, line 2 | 53 | 27 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | -17.2 | 6.6 |
| Independent voting board members Part VI 1a–1b | 0 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 expenseHighest 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 |
|---|---|---|---|---|
| Board President Jan - March, WVUHS President Director/trustee, 001.00 hrs/week | $0 | $2,297,899 | $428,380 | $2,726,279 |
| Physician Highest compensated employee, 040.00 hrs/week | $1,360,377 | $0 | $50,532 | $1,410,909 |
| Physician Highest compensated employee, 040.00 hrs/week | $1,309,681 | $0 | $50,572 | $1,360,253 |
| Physician Highest compensated employee, 040.00 hrs/week | $1,219,915 | $0 | $52,935 | $1,272,850 |
| Physician Highest compensated employee, 040.00 hrs/week | $1,098,886 | $0 | $50,572 | $1,149,458 |
| Physician Highest compensated employee, 040.00 hrs/week | $972,338 | $0 | $52,935 | $1,025,273 |
| Board President April - Dec President of Thomas Memorial Hospital Director/trustee, officer, 001.00 hrs/week | $0 | $813,930 | $108,541 | $922,471 |
| Board Member, Jan - March, President of TMH Services Director/trustee, 001.00 hrs/week | $0 | $541,582 | $41,135 | $582,717 |
53 people received more than $100,000 in reportable compensation from THS Physician Partners (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
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 · 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 5247
Correct a figure or respond
Every number above is copied from THS Physician Partners's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for THS Physician Partners, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 THS Physician Partners spent in 2024, $95.10 went to programs. The full breakdown, from its IRS Form 990:
Questions people ask
How much of THS Physician Partners's spending goes to programs?
In calendar year 2024, THS Physician Partners reported that 95.1% of its $98.0 million in expenses went to program services, 4.9% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does THS Physician Partners pay its top executive?
The largest total compensation THS Physician Partners reported for one person in calendar year 2024 was $2,726,279, for the role of Board President Jan - March, WVUHS President (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does THS Physician Partners get its money?
Of $55.7 million in revenue in calendar year 2024, 0.0% came from contributions and grants and 99.0% from program service revenue (Form 990, Part VIII).
Is THS Physician Partners a registered charity?
The IRS lists EIN 45-4395947 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
- 2024: Form 990 for calendar year 2024, object 202533189349302968 · read the filing · XML
- FY2023 (3 mo.): Form 990 for the 3-month short period ending December 31, 2023, object 202413189349308696 · read the filing
- FY2023: Form 990 for the fiscal year ending September 30, 2023, object 202430669349300703 · read the filing
- FY2022: Form 990 for the fiscal year ending September 30, 2022, object 202312199349301081 · read the filing
- FY2021: Form 990 for the fiscal year ending September 30, 2021, object 202222209349301292 · read the filing
- FY2020: Form 990 for the fiscal year ending September 30, 2020, object 202241999349301469 · read the filing
All filings for EIN 45-4395947: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.