Compensation 990

Fornance Physician Services Inc.

Fiscal year ending 2017. Filed on May 15, 2018.

1330 Powell Street No 509
Norristown, Pennsylvania 19401

Fornance Physician Services Inc. (EIN: 23-2275991) has filed an IRS Form 990 from fiscal year 2016–2018. In its fiscal year 2017 IRS Form 990 filing, Fornance Physician Services Inc., a 501(c)(3) charitable organization, reported compensation for 17 out of 440 total employees. Among the employees shown here, the average compensation is $632,964. The highest compensated employee at Fornance Physician Services Inc. is Barry R Freedman with fiscal year 2017 compensation of $2,105,839.

Revenue, expenses, and employee compensation

Revenue

$32,602,075

Expenses

$40,199,039

Employee compensation

$30,591,197
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

－8.2%vs 2016
Barry R Freedman
President and Chief Executive Officer
$2,105,839
$0 from org$2,047,290 from related$58,549 other
＋30.7%vs 2016
Susan A Bernini
Former Vice President
$1,157,677
$0 from org$885,294 from related$272,383 other
New in 2017
Steven L Sivak, M.D.
Chief Medical Officer- Trustee
$894,596
$0 from org$803,401 from related$91,195 other
＋6.9%vs 2016
Richard H Fine
Surgery Chairman - Trustee
$808,698
$0 from org$692,270 from related$116,428 other
New in 2017
Gerard Blaney
Vice President Finance - Assist. Treas.
$762,450
$0 from org$677,604 from related$84,846 other
＋32.2%vs 2016
Penny J Rezet, Esq
Chief Legal Counsel ASST Sec'Y
$714,408
$0 from org$654,728 from related$59,680 other
＋33.2%vs 2016
Beth Duffy
COO - EMCM
$646,842
$0 from org$582,012 from related$64,830 other
New in 2017
Ruth Lefton
COO - AEMC - Vice President
$545,014
$0 from org$494,385 from related$50,629 other
＋29.5%vs 2016
Stefan V Neagu, M.D.
Physician
$476,746
$456,241 from orgNo related comp$20,505 other
＋7.3%vs 2016
Kevin Melnick, M.D.
Physician
$443,325
$409,623 from orgNo related comp$33,702 other
－39.7%vs 2016
David F Ertel
Former Cfo/Assistant Treasurer
$435,665
$0 from org$417,741 from related$17,924 other
－1.0%vs 2016
Joseph Calamia, M.D.
Physician
$366,203
$331,982 from orgNo related comp$34,221 other

Non-Employee Board Members

Barbara E Black
Trustee
David M Rosenberg
Trustee
Jay B Minkoff
Trustee
Joan L Goldstein
Trustee
Joanne Fishman, Esq
Secretary
Judith H Kramer
Trustee
Judith K Trichon
Trustee
Kimya S Johnson
Trustee
Lawrence Reichlin
Trustee
Madalyn Rovinsky
Trustee
Marina Kats, Esq
Treasurer
Michael L Feinman
Trustee

Mission Statement

TO ENGAGE IN AND CONDUCT CHARITABLE, EDUCATIONAL, AND SCIENTIFIC ACTIVITIES AND TO FURTHER SUCH ACTIVITIES THROUGH THE SUPPORT AND BENEFIT OF ONE OR MORE ORGANIZATIONS DECRIBED IN SECTION 509(A)(1) OR SECTION 509(A)(2) OF THE INTERNAL REVENUE CODE.

Revisions to this organization profile

May 15, 2019:
2018 Fornance Physician Services Inc. 990 filed
May 15, 2018:
2017 Fornance Physician Services Inc. 990 filed
May 15, 2017:
2016 Fornance Physician Services Inc. 990 filed

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