IRS Form 990 · EIN 46-1953140

Bmg Family Physicians Group Foundation Inc

Memphis, TN 38120-2177 · Tax year 2023

NTEE E30Health Treatment FacilityOriginal filing PDF →

$13.7M

Total revenue

$20.4M

Total expenses

$-6.7M

Net income

-48.7%

Operating margin

Financial summary

Compared to 5 organizations with NTEE E30 in TN

Avg revenue (peers)

$189.6M

This org:$13.7M

Avg net income (peers)

$-96K

This org:$-6.7M

Avg top exec comp (peers)

$254K

This org (highest):$555K

19 officers + key employees reported on Schedule J

Name	Title	Hours/wk	Base comp	Total comp
MICHAEL C WALLACE MD	DIRECTOR/PHYSICIAN	40	$537K	$555K
J KENNETH WONG MD	DIRECTOR/PHYSICIAN	40	$481K	$490K
JAY D SMITH MD	DIRECTOR/PHYSICIAN	40	$440K	$449K
CHARLES WOODALL MD	PRESIDENT/DIRECTOR	39.77	$405K	$413K
MELANIE L WOODALL MD	DIRECTOR/PHYSICIAN	40	$394K	$408K
DEREK MULLINIX MD	PHYSICIAN	40	$385K	$399K
RAMUNE M FILIPCIC MD	DIRECTOR/PHYSICIAN	40	$364K	$376K
JULIAN VENEGAS MD	PHYSICIAN	40	$346K	$357K
JOSE ONGSINGCO MD	PHYSICIAN	40	$338K	$353K
ALISHA CONWAY MD	PHYSICIAN	40	$324K	$325K
MICHELE E NEAL MD	VICE PRESIDENT/DIRECTOR	40	$315K	$323K
TABITHA MAREK MD	PHYSICIAN	16	$286K	$297K
ANGELA QUALLS	CEO	40	$223K	$231K
KIMBERLY O YOUNG	FORMER CFO	0	—	—
MARK E SWANSON MD	DIRECTOR	0.04	—	—
JUSTIN RHODES	DIRECTOR (AS OF 09/24)	0.04	—	—
GREGORY M DUCKETT	SECRETARY	0.04	—	—
ANDREW D JETER	CFO	0.5	—	—
GARY C ANDERSON	DIRECTOR	0.04	—	—

Revenue and net income trend across all available filings

RevenueNet income

Year	Revenue	Expenses	Net income	Assets
2023	$13.7M	$20.4M	$-6.7M	$5.9M
2022	$12.8M	$18.4M	$-5.6M	$2.2M
2021	$14.2M	$18.1M	$-3.9M	$2.7M
2020	$12.1M	$17.1M	$-4.9M	$2.3M
2019	$12.9M	$17.3M	$-4.3M	$1.4M
2018	$12.2M	$16.4M	$-4.2M	$957K
2017	$12.1M	$16.6M	$-4.5M	$1.2M
2016	$12.3M	$16.0M	$-148	$1.4M
2015	$11.6M	$15.5M	$-3K	$1.5M
2014	$11.3M	$17.6M	$-6.3M	$1.9M

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