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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Health Care UT Medical Group Inc

UT Medical Group Inc

Fiscal year ending 2020. Filed on November 3, 2021.

1407 Union Avenue No 700
Memphis, Tennessee 38104

UT Medical Group Inc (EIN: 62-1162462) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2020 IRS Form 990 filing, UT Medical Group Inc, a 501(c)(3) charitable organization, reported compensation for 13 out of 757 total employees. Among the employees shown here, the average compensation is $412,769. The highest compensated employee at UT Medical Group Inc is Robert Wallace with fiscal year 2020 compensation of $704,827.

Revenue, expenses, and employee compensation

Revenue

$94,800,511

Expenses

$93,586,960

Employee compensation

$53,815,630
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Robert Wallace
Physician
$704,827
$701,482 No related comp$3,345
William Hickerson
Physician
$700,309
$700,309 No related compNo other comp
M Barry Randall
Physician
$632,779
$621,379 No related comp$11,400
David W Peeler
Physician
$565,813
$554,413 No related comp$11,400
Sai Velamuri Venkata
Physician
$557,454
$546,054 No related comp$11,400
Tejesh Patel
Board Member
$544,086
$532,686 No related comp$11,400
Ajay Jayantilal Talati
Secretary
$482,561
$471,161 No related comp$11,400
Robert Canada
Chief Medical Officer
$324,959
$313,559 No related comp$11,400
Courtney K Love
Chief Administrative Officer
$241,874
$222,979 No related comp$18,895
Shannon Tacker
President and Chief Executive Officer and Treasurer
$198,408
$176,934 No related comp$21,474
G Nicholas Verne
Board Member
$184,081
$179,580 No related comp$4,501
Michael Xavier Durr
Chief Financial Officer
$117,841
$111,418 No related comp$6,423

Benchmark Employee Compensation

Non-Employee Board Members

Muneeza Khan
Board Member
$5,047
$4,900 No related comp$147
M Boyd Gillespie
Board Member
No compensation reported
Anthony Ferrara
Board Member
No compensation reported
Kennard Brown
Board Member
No compensation reported
Jon McCullers
Board Member
No compensation reported
David Shibata
Board Member
No compensation reported

Contractors

University of Tennessee
Shared Personnel Remibursement Rent
$6,053,574
Mckessonb Plasma and Biologics
Hematology Drigs
$2,382,461
Fisher Scientific
Lab Supplies
$2,361,693
F&F Construction Inc.
Building Renovations/Improvements
$2,202,407
Nextgen Healthcare
EMR and Billing Platform Billing Servic
$2,054,899

Mission Statement

To be a successful physician led, professionally managed medical practice that benefits our patients and our community, while supporting the UT Health Science Center's mission through clinical excellence, financial responsibility and a culture of care at every touch point.

Revisions to this organization profile

November 4, 2025:
2024 UT Medical Group Inc 990 filed
November 14, 2024:
2023 UT Medical Group Inc 990 filed
September 6, 2023:
2022 UT Medical Group Inc 990 filed

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