RELIANT MEDICAL GROUP INC Charity Report

Public IRS 990 nonprofit record

RELIANT MEDICAL GROUP INC

EIN 04-2472266 · Health - General and Rehabilitative N.E.C.

What they do

THE MISSION of RELIANT MEDICAL GROUP is to MAXIMIZE THE HEALTH of OUR PATIENTS and THE COMMUNITY THROUGH EXPERT MEDICAL CARE, COMPASSION, INNOVATIVE DELIVERY MODELS, MEDICAL RESEARCH and EDUCATION, and THE APPROPRIATE USE of HEALTH CARE RESOURCES.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $95.80 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2018The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders26 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

100.50%of revenue went to mission work95.8% of expenses · Program services

$104.93spent for every $100 of revenueSpending was higher than revenue this year.

4.43%of revenue went to management and office costs4.2% of expenses

0.0%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $8,286,589 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $501,011 for TAREK ELSAWY MD (PRESIDENT AND CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2018

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$168,149,495

Mission workProgram services$168,987,869100.50% of revenue95.8% of expenses

ManagementOffice and general costs$7,448,2154.43% of revenue4.2% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Total expenses$176,436,084104.93% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2018CurrentExpense mix: 95.8% mission · 4.2% management · 0.0% fundraisingTotal expenses: 104.93% of revenue

2017Expense mix: 96.1% mission · 3.9% management · 0.0% fundraisingTotal expenses: 99.95% of revenue

2016Expense mix: 95.9% mission · 4.1% management · 0.0% fundraisingTotal expenses: 97.22% of revenue

Money in and money out

Revenue$168,149,495

Expenses$176,436,084

Annual shortfall $8,286,589 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$168,987,869 · 95.8% of expenses

Management and office costs$7,448,215 · 4.2% of expenses

See all reported dollar amounts

Revenue$168,149,495

Expenses$176,436,084

Income$675,177,411

Contributions$17,109

Mission work (program services)$168,987,869

Grants given$45,000

Average grant$22,500

Management and general$7,448,215

Executive compensation (total)$9,613,903

Stocks and bonds$22,582,496

Accounting fees$28,700

Investing fees$23,889

People

Leadership and board

Tax year 2018

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

TAREK ELSAWY MDPRESIDENT AND CEO · 50 hrs/week $501,011Base $480,001 · Other $21,010

WILLIAM BALCOM MDTRUSTEE;CLERK;CHAIR-ORTHO DEPT · 50 hrs/week $247,292Base $225,112 · Other $22,180

JEFFREY ZAREFPEDIATRICIAN · 50 hrs/week $230,113Base $212,943 · Other $17,170

PAUL ARCANDPHYSICIAN VASCULAR SURGERY · 50 hrs/week $215,061Base $192,804 · Other $22,257

MICHAEL KELFER MDDIV. CHIEF GASTROENTEROLOGY · 50 hrs/week $214,181Base $189,088 · Other $25,093

DAVID KIM MDDIV.CHIEF ORTHO. & PLASTIC SURGERY · 50 hrs/week $214,170Base $191,777 · Other $22,393

JONATHAN TAYLOR MDPHYSICIAN GASTROENTEROLOGY · 50 hrs/week $205,213Base $182,362 · Other $22,851

JOSEPH SIDARI MDTRUSTEE; BOARD CHAIR; PHYSICIAN · 50 hrs/week $191,471Base $170,257 · Other $21,214

LEON JOSEPHS MDFORMER ACTING CEO; PHYSICIAN · 50 hrs/week $175,041Base $153,523 · Other $21,518

BRUCE PLUMMERCFO · 50 hrs/week $153,389Base $130,950 · Other $22,439

JOHN SCHNEEWEIS MDTRUSTEE; PHYSICIAN · 50 hrs/week $133,460Base $108,425 · Other $25,035

STEPHEN SMITH MDFMR REGIONAL MEDICAL DIR.; PHYSICIAN · 50 hrs/week $128,812Base $104,257 · Other $24,555

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (26)

TAREK ELSAWY MDPRESIDENT AND CEO

WILLIAM BALCOM MDTRUSTEE;CLERK;CHAIR-ORTHO DEPT

JEFFREY ZAREFPEDIATRICIAN

PAUL ARCANDPHYSICIAN VASCULAR SURGERY

MICHAEL KELFER MDDIV. CHIEF GASTROENTEROLOGY

DAVID KIM MDDIV.CHIEF ORTHO. & PLASTIC SURGERY

JONATHAN TAYLOR MDPHYSICIAN GASTROENTEROLOGY

JOSEPH SIDARI MDTRUSTEE; BOARD CHAIR; PHYSICIAN

LEON JOSEPHS MDFORMER ACTING CEO; PHYSICIAN

BRUCE PLUMMERCFO

JOHN SCHNEEWEIS MDTRUSTEE; PHYSICIAN

STEPHEN SMITH MDFMR REGIONAL MEDICAL DIR.; PHYSICIAN

JUSTIN DORFMAN MDTRUSTEE; PHYSICIAN

STEPHEN KNOXCOO

KEVIN MARTIN MDTRUSTEE; PHYSICIAN

MARY ELLEN DUGAN MDTRUSTEE; PHYSICIAN

MICHAEL COOPER MDTRUSTEE; VICE-CHAIR; PHYSICIAN

SEEMA NARAVANE MDTRUSTEE; PHYSICIAN

LISA SCOPATRUSTEE; TREASURER

RALPH RONDINONE JRTRUSTEE

ROBERT ANTONUCCI EDDTRUSTEE

SUSAN MAILMANTRUSTEE

LINDA SHYAVITZTRUSTEE

JOHN ANDREOLITRUSTEE

KEVIN OSULLIVANTRUSTEE

KATHY GIBNEYTRUSTEE

About this charity

Location: 5 NEPONSET STREET, WORCESTER, MA 01606
County: Worcester
In care of: TAREK ELSAWY
Primary officer: TAREK ELSAWY, PRESIDENT AND CEO

How to reach them

WebsiteVisit the charity’s website Phone(508) 368-5437

Filing and classification

Latest tax year: 2018
Tax period began: January 1, 2018
Return type: 990
Tax preparer: PKF PC
IRS tax category: Health - General and Rehabilitative N.E.C.
Grant-giving organization: Yes