What is Armc Physicians Care Inc's total revenue?

Armc Physicians Care Inc reported total revenue of $16.4M for tax year 2023 on its IRS Form 990, against $20.6M in total expenses.

What are Armc Physicians Care Inc's total assets?

Armc Physicians Care Inc reported total assets of $2.5M and net assets of $-61.5M on its FY2023 IRS Form 990.

Where can I find Armc Physicians Care Inc's IRS Form 990?

Armc Physicians Care Inc files IRS Form 990 annually under EIN 56-2095382. The financial summary, executive compensation, and community benefit data are shown on this page; the original filing is also available directly from the IRS.

IRS Form 990 · EIN 56-2095382

Armc Physicians Care Inc

Greensboro, NC 27401-1004 · Tax year 2023

NTEE E22Original filing PDF →

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$16.4M

Total revenue

$20.6M

Total expenses

—

Net income

—

Operating margin

Financial summary

Total revenue: $16.4M
Contributions + grants: —
Program service revenue: $16.4M
Total expenses: $20.6M
Program expenses: —
Administrative expenses: —
Fundraising expenses: —
Net income: —
Total assets: $2.5M
Total liabilities: $64.0M
Net assets: $-61.5M

Peer comparison

Compared to 19 organizations with NTEE E22 in NC

Avg revenue (peers)

$1.03B

This org:$16.4M

Avg net income (peers)

$2.5M

This org:—

Avg top exec comp (peers)

$1.8M

This org (highest):$419K

Executive compensation (FY2024)

13 officers + key employees from the most recent Schedule J filing (FY2024; the financial summary above is FY2023)

Name	Title	Hours/wk	Base comp	Total comp
JOHNSON MD MEGAN	PHYSICIAN	40	$277K	$419K
SOWLES MD KRICHNA	PHYSICIAN	40	$210K	$385K
HISADA MD REINA	PHYSICIAN	40	$234K	$322K
KARAMALEGOS ALEXANDER	PHYSICIAN	40	$196K	$302K
MATTHEWS MD JASON	PHYSICIAN	40	$193K	$285K
CLEVELAND BEVERLY	CHIEF FINANCIAL OFFICER	0	—	—
CURRAN WILLIAM	PRESIDENT	0	—	—
CAGLE MD MARY JO	DIRECTOR	0	—	—
GAINEY MD FREDRICK	DIRECTOR	0	—	—
BARROW ANDREW	DIRECTOR	0	—	—
PORTILLO MD MARTIN	FORMER PRESIDENT	0	—	—
SINOPOLI MD ANGELO	DIRECTOR	0	—	—
BROWN CHRISTOPHER	VICE PRESIDENT	0	—	—

10-year history

Revenue and net income trend across all available filings

RevenueNet income

Year	Revenue	Expenses	Net income	Assets
2024	—	—	—	—
2023	$16.4M	$20.6M	—	$2.5M
2022	$14.2M	$18.5M	—	$2.2M
2021	$13.0M	$18.5M	$-839	$1.9M
2020	$12.0M	$17.7M	—	$2.1M
2019	$12.3M	$19.7M	—	$2.4M
2018	$11.3M	$20.2M	—	$2.7M
2017	$10.8M	$19.1M	—	$3.0M
2016	$11.5M	$21.1M	$-1K	$3.1M
2015	$11.1M	$19.0M	$-10K	$2.4M

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