IRS Form 990 · EIN 45-2832975

Memphis Lung Physicians Foundation Inc

Memphis, TN 38120-2177 · Tax year 2023

NTEE E32Community Clinic

$14.8M

Total revenue

$21.1M

Total expenses

$-6.3M

Net income

-42.7%

Operating margin

Financial summary

Compared to 9 organizations with NTEE E32 in TN

Avg revenue (peers)

$38.0M

This org:$14.8M

Avg net income (peers)

$-4.6M

This org:$-6.3M

Avg top exec comp (peers)

$544K

This org (highest):$779K

18 officers + key employees reported on Schedule J

Name	Title	Hours/wk	Base comp	Total comp
ISTVAN WOLLAK MD	PHYSICIAN	40	$682K	$779K
TODD M HENDERSON MD	PHYSICIAN/DIRECTOR	40	$675K	$770K
OBAID U AWAN MD	PHYSICIAN	40	$705K	$760K
GEORGE WILLIAMS MD	PHYSICIAN	40	$675K	$747K
ANURAG MEHROTRA MD	PHYSICIAN	40	$675K	$747K
KENNETH A OKPOR MD	PHYSICIAN/DIRECTOR	40	$661K	$743K
GEORGE M HINNANT	PHYSICIAN	40	$620K	$695K
MUHAMMAD SHEIKH MD	PHYSICIAN/DIRECTOR	40	$591K	$666K
JEFFREY WRIGHT MD	PRESIDENT/DIRECTOR	39.77	$573K	$652K
MICHAEL D WILONS MD	VICE PRESIDENT/DIRECTOR	40	$188K	$264K
KIMBERLY O YOUNG	FORMER CFO	0	—	—
MARK E SWANSON MD	DIRECTOR	0.04	—	—
EDWIN P CADE	DIRECTOR (AS OF 01/24)	0.04	—	—
JUSTIN RHODES	DIRECTOR (AS OF 01/24)	0.04	—	—
GREGORY M DUCKETT	SECRETARY	0.04	—	—
JACQUELINE RYAN	CEO	40	—	—
ANDREW D JETER	CFO	0.5	—	—
GARY C ANDERSON	DIRECTOR (THRU 12/23)	0.04	—	—

Revenue and net income trend across all available filings

RevenueNet income

Year	Revenue	Expenses	Net income	Assets
2023	$14.8M	$21.1M	$-6.3M	$8.5M
2022	$15.4M	$21.6M	$-6.3M	$8.3M
2021	$13.3M	$17.7M	$-4.4M	$4.7M
2020	$12.7M	$15.8M	$-3.0M	$1.0M
2019	$13.3M	$14.2M	$-824K	$1.1M
2018	$12.2M	$13.2M	$-1.0M	$1.4M
2017	$11.8M	$13.0M	$-1.2M	$1.1M
2016	$12.0M	$12.6M	$-597K	$1.2M
2015	$12.8M	$13.2M	$-456K	$1.7M
2014	$11.7M	$14.4M	$-2.7M	$2.5M

This organization appears to be a hospital. Explore additional data sources: