Attach to Form 990 or Form 990-EZ.
Go to
www.irs.gov/Form990 for instructions and the latest information.
| (i) Name of supported organization | (ii) EIN | (iii) Type of organization (described on lines 1- 10 above (see instructions)) | (iv) Is the organization listed in your governing document? | (v) Amount of monetary support (see instructions) | (vi) Amount of other support (see instructions) | |
|---|---|---|---|---|---|---|
| Yes | No | |||||
|
Total |
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Calendar year (or fiscal year beginning in) ![]() |
(a) 2015 | (b) 2016 | (c) 2017 | (d) 2018 | (e) 2019 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grant.") .. | ||||||
| 2 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf.... | ||||||
| 3 | The value of services or facilities furnished by a governmental unit to the organization without charge.. | ||||||
| 4 | Total. Add lines 1 through 3 | ||||||
| 5 | The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f).. | ||||||
| 6 | Public support. Subtract line 5 from line 4. | ||||||
Calendar year
(or fiscal year beginning in) ![]() |
(a) 2015 | (b) 2016 | (c) 2017 | (d) 2018 | (e) 2019 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 7 | Amounts from line 4.. | ||||||
| 8 | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources... | ||||||
| 9 | Net income from unrelated business activities, whether or not the business is regularly carried on.. | ||||||
| 10 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.).. | ||||||
| 11 | Total support. Add lines 7 through 10 | ||||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2015 | (b) 2016 | (c) 2017 | (d) 2018 | (e) 2019 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") . | 8,481,277 | 13,367,962 | 10,737,249 | 12,730,219 | 15,826,039 | 61,142,746 |
| 2 | Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose | 9,846,306 | 11,585,449 | 13,582,150 | 13,617,127 | 12,636,961 | 61,267,993 |
| 3 | Gross receipts from activities that are not an unrelated trade or business under section 513 ..... | ||||||
| 4 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf... | ||||||
| 5 | The value of services or facilities furnished by a governmental unit to the organization without charge | ||||||
| 6 | Total. Add lines 1 through 5 | 18,327,583 | 24,953,411 | 24,319,399 | 26,347,346 | 28,463,000 | 122,410,739 |
| 7a | Amounts included on lines 1, 2, and 3 received from disqualified persons | 0 | |||||
| b | Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year. | 0 | |||||
| c | Add lines 7a and 7b.. | 0 | |||||
| 8 | Public support. (Subtract line 7c from line 6.) | 122,410,739 | |||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2015 | (b) 2016 | (c) 2017 | (d) 2018 | (e) 2019 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 9 | Amounts from line 6... | 18,327,583 | 24,953,411 | 24,319,399 | 26,347,346 | 28,463,000 | 122,410,739 |
| 10a | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources.. | 133,801 | 109,103 | 131,327 | 101,098 | 125,839 | 601,168 |
| b | Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975. | ||||||
| c | Add lines 10a and 10b. | 133,801 | 109,103 | 131,327 | 101,098 | 125,839 | 601,168 |
| 11 | Net income from unrelated business activities not included in line 10b, whether or not the business is regularly carried on. | ||||||
| 12 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.) .. | 10,480 | 5,226 | 15,706 | |||
| 13 | Total support. (Add lines 9, 10c, 11, and 12.).. | 18,471,864 | 25,067,740 | 24,450,726 | 26,448,444 | 28,588,839 | 123,027,613 |
| Section A - Adjusted Net Income | (A) Prior Year |
(B) Current Year (optional) |
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| 1 | Net short-term capital gain | 1 | ||||
| 2 | Recoveries of prior-year distributions | 2 | ||||
| 3 | Other gross income (see instructions) | 3 | ||||
| 4 | Add lines 1 through 3 | 4 | ||||
| 5 | Depreciation and depletion | 5 | ||||
| 6 | Portion of operating expenses paid or incurred for production or collection of gross income or for management, conservation, or maintenance of property held for production of income (see instructions) | 6 | ||||
| 7 | Other expenses (see instructions) | 7 | ||||
| 8 | Adjusted Net Income (subtract lines 5, 6 and 7 from line 4) | 8 | ||||
| Section B - Minimum Asset Amount | (A) Prior Year |
(B) Current Year (optional) |
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| 1 | Aggregate fair market value of all non-exempt-use assets (see instructions for short tax year or assets held for part of year): | 1 | ||||
| a | Average monthly value of securities | 1a | ||||
| b | Average monthly cash balances | 1b | ||||
| c | Fair market value of other non-exempt-use assets | 1c | ||||
| d | Total (add lines 1a, 1b, and 1c) | 1d | ||||
| e |
Discount claimed for blockage or other factors (explain in detail in Part VI): |
|||||
| 2 | Acquisition indebtedness applicable to non-exempt use assets | 2 | ||||
| 3 | Subtract line 2 from line 1d | 3 | ||||
| 4 | Cash deemed held for exempt use. Enter 1-1/2% of line 3 (for greater amount, see instructions). | 4 | ||||
| 5 | Net value of non-exempt-use assets (subtract line 4 from line 3) | 5 | ||||
| 6 | Multiply line 5 by .035 | 6 | ||||
| 7 | Recoveries of prior-year distributions | 7 | ||||
| 8 | Minimum Asset Amount (add line 7 to line 6) | 8 | ||||
| Section C - Distributable Amount | Current Year | |||||
| 1 | Adjusted net income for prior year (from Section A, line 8, Column A) | 1 | ||||
| 2 | Enter 85% of line 1 | 2 | ||||
| 3 | Minimum asset amount for prior year (from Section B, line 8, Column A) | 3 | ||||
| 4 | Enter greater of line 2 or line 3 | 4 | ||||
| 5 | Income tax imposed in prior year | 5 | ||||
| 6 | Distributable Amount. Subtract line 5 from line 4, unless subject to emergency temporary reduction (see instructions) | 6 | ||||
| Section D - Distributions | Current Year | |
|---|---|---|
| 1 Amounts paid to supported organizations to accomplish exempt purposes | ||
|
2
Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in excess of income from activity |
||
| 3 Administrative expenses paid to accomplish exempt purposes of supported organizations | ||
| 4 Amounts paid to acquire exempt-use assets | ||
| 5 Qualified set-aside amounts (prior IRS approval required) | ||
| 6 Other distributions (describe in Part VI). See instructions | ||
| 7Total annual distributions. Add lines 1 through 6. | ||
|
8
Distributions to attentive supported organizations to which the organization is responsive (provide details in Part VI). See instructions |
||
| 9 Distributable amount for 2019 from Section C, line 6 | ||
| 10 Line 8 amount divided by Line 9 amount | ||
| Section E - Distribution Allocations (see instructions) |
(i) Excess Distributions |
(ii) Underdistributions Pre-2019 |
(iii) Distributable Amount for 2019 |
|
|---|---|---|---|---|
| 1 Distributable amount for 2019 from Section C, line 6 | ||||
|
2
Underdistributions, if any, for years prior to 2019 (reasonable cause required-- explain in Part VI). See instructions. |
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| 3 Excess distributions carryover, if any, to 2019: | ||||
| a From 2014....... | ||||
| b From 2015....... | ||||
| c From 2016....... | ||||
| d From 2017....... | ||||
| e From 2018....... | ||||
| fTotal of lines 3a through e | ||||
| g Applied to underdistributions of prior years | ||||
| h Applied to 2019 distributable amount | ||||
|
i
Carryover from 2014 not applied (see instructions) |
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| j Remainder. Subtract lines 3g, 3h, and 3i from 3f. | ||||
| 4Distributions for 2019 from Section D, line 7: | ||||
| $ | ||||
| a Applied to underdistributions of prior years | ||||
| b Applied to 2019 distributable amount | ||||
| c Remainder. Subtract lines 4a and 4b from 4. | ||||
|
5
Remaining underdistributions for years prior to 2019, if any. Subtract lines 3g and 4a from line 2. If the amount is greater than zero, explain in Part VI. See instructions. |
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|
6
Remaining underdistributions for 2019. Subtract lines 3h and 4b from line 1. If the amount is greater than zero, explain in Part VI. See instructions. |
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|
7 Excess distributions carryover to 2020. Add lines 3j and 4c. |
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| 8 Breakdown of line 7: | ||||
| a Excess from 2015..... | ||||
| b Excess from 2016..... | ||||
| c Excess from 2017..... | ||||
| d Excess from 2018..... | ||||
| e Excess from 2019..... | ||||
| Facts And Circumstances Test |
|---|
| Return Reference | Explanation |
|---|---|
| SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: | RESIDENT LICENSE VERIFICATIONS - 2013 AMOUNT: $ 941. 2014 AMOUNT: $ 1,737. CREDIT CARD REWARDS - 2013 AMOUNT: $ 3,379. 2014 AMOUNT: $ 3,489. 941 OVERPAYMENT - 2013 AMOUNT: $ 6,160. |
| Software ID: | |
| Software Version: |
Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
| Return Reference | Explanation |
|---|---|
| FORM 990, PART III, LINE 2 | SEE PART III, Q4B |
| FORM 990, PART IV LINE 28C | IN THE FOURTH QUARTER OF 2017 WCGME AND ITS AFFILIATED ORGANIZATION WCMG EXECUTED A LEASE AGREEMENT FOR A 36,500 SQFT FLAGSHIP MEDICAL FACILITY AND ADMINISTRATIVE OFFICES WITH WYOMING AVENUE DEVELOPMENT, LLC, A COMPANY OWNED BY COMMON BOARD MEMBER JOSEPH FERRARIO. THE CONFLICT OF INTEREST POLICY DESCRIBED IN FORM 990, PART VI SECTION B, LINE 12C WAS FOLLOWED AND A LEGAL ETHICS OPINION WAS OBTAINED FROM LEGAL COUNSEL. RENOVATIONS OF THE BUILDING, INCLUDED IN THE LEASE, ARE TAKING PLACE IN PREPARATION FOR MOVE-IN. THE LEASE IS EXPECTED TO BE OPERATIONALIZED IN LATE JUNE 2019. THROUGH JUNE 30, 2018 NO FINANCIAL TRANSACTIONS HAVE TAKEN PLACE WITH RESPECT TO THE LEASE. |
| FORM 990, PART V, LINE 2 | THE WRIGHT CENTER FOR GRADUATE MEDICAL EDUCATION ("WCGME") IS OPERATIONALLY AFFILIATED WITH THE WRIGHT CENTER MEDICAL GROUP (EIN: 23-2772504). WCGME IS A COMMON PAY AGENT FOR W-2 REPORTING OF BOTH ENTITIES. WCGME REPORTS ALL EMPLOYEES ON ITS FORM W-3; HOWEVER, EACH ENTITY EMPLOYEE FTE'S ARE ALLOCATED APPROPRIATELY TO EACH ENTITY BASED ON TIME TRACKING OF SERVICES PROVIDED. PER IRS INSTRUCTIONS, EMPLOYEES INCLUDED ON PART V, LINE 2A, ARE THOSE DEEMED TO BE THE FTE EQUIVALENT OF EMPLOYEES ALLOCATED TO WCGME. |
| FORM 990, PART V LINE 7F | WCGME PAYS PREMIUMS OF A PERSONAL DISABILITY INCOME POLICY FOR THE PRESIDENT/CEO. SUCH PREMIUMS AMOUNTED TO $6,049 FOR 2017. |
| FORM 990, PART VI, SECTION A, LINE 6 | WCGME IS A NONPROFIT MEMBERSHIP CORPORATION. ITS MEMBERS ARE REPRESENTATIVES OF THE COMMUNITY, MEDICAL EDUCATORS, EXPERTS, AND REPRESENTATIVES OF AFFILIATED HOSPITALS AND CLINICAL LEARNING VENUES. |
| FORM 990, PART VI, SECTION B, LINE 11B | A COPY OF FORM 990 IS PROVIDED TO WCGME'S PRESIDENT/CEO AND OTHER KEY ADMINISTRATORS FOR REVIEW, INPUT AND APPROVAL. COPIES OF THE FORM 990 ARE THEN PROVIDED TO MEMBERS OF THE ORGANIZATION'S GOVERNING BODY FOR REVIEW AND APPROVAL. UPON COMPLETION OF THIS REVIEW, THE FORM 990 IS SIGNED BY THE ORGANIZATION'S PRESIDENT/CEO AND FILED WITH THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C | A CONFLICT OF INTEREST POLICY HAS BEEN APPROVED BY THE BOARD. AN ANNUAL CONFLICT OF INTEREST DISCLOSURE STATEMENT IS COMPLETED BY THE DIRECTORS, OFFICERS AND EMPLOYEES OF THE CORPORATION, AND AS MORE FREQUENTLY AS NECESSARY SHOULD A CONFLICT OR POTENTIAL CONFLICT ARISE DURING THE YEAR. POTENTIAL CONFLICTS, IF ANY, ARE FULLY DISCLOSED, VETTED BY THE AUDIT COMMITTEE AND REVIEWED BY THE BOARD. EDUCATION ON CONFLICTS OF INTEREST IS PROVIDED TO THE BOARD ANNUALLY. COMPLIANCE WITH THE POLICY IS MONITORED BY THE GOVERNANCE OFFICER. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE EXECUTIVE COMMITTEE PERFORMS A FORMAL ANNUAL REVIEW OF THE PRESIDENT/CEO'S PERFORMANCE, EMPLOYMENT AND COMPENSATION PACKAGE. INDEPENDENT COMPARABLE SURVEY DATA IS OBTAINED. THE DELIBERATION AND DECISION IS CONTEMPORANEOUSLY SUBSTANTIATED AND NOTED IN THE COMMITTEE MINUTES. COMPENSATION IS DETERMINED BASED UPON THE DUAL RESPONSIBILITIES OF BOTH PRESIDENT/CEO AND PRACTICING PHYSICIAN ROLES OF THE POSITION. COMPENSATION OF KEY EXECUTIVES IS DETERMINED BY THE ORGANIZATION'S PRESIDENT/CEO AND HUMAN RESOURCES DEPARTMENT. AN ORGANIZATIONAL-WIDE COMPENSATION ANALYSIS BY AN EXTERNAL VENDOR IS PERFORMED ON A PERIODIC BASIS, GENERALLY EVERY THREE YEARS. MOREOVER, DATA FROM THE AMERICAN JOB CENTER NETWORK WEBSITE, MEDICAL GROUP MANAGEMENT ASSOCIATION (MGMA), AND OTHER NATIONAL AND REGIONAL SOURCES MAY BE CONSULTED WHEN NECESSARY TO PROVIDE ADDITIONAL COMPARABLE SALARY RANGES FOR VARIOUS POSITIONS WITHIN THE ORGANIZATION, INCLUDING ALL EXECUTIVES. |
| FORM 990, PART VI, SECTION C, LINE 19 | WCGME'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS, AS WELL AS FORM 990, ARE AVAILABLE FOR PUBLIC INSPECTION BY APPOINTMENT DURING BUSINESS HOURS AT THE ORGANIZATION'S OFFICES WITH COPIES PROVIDED TIMELY UPON REQUEST. |
| FORM 990, PART IX, LINE 11G | OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 2,724,173. MANAGEMENT AND GENERAL EXPENSES 226,206. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,950,379. CONSULTANT FEES: PROGRAM SERVICE EXPENSES 8,459. MANAGEMENT AND GENERAL EXPENSES 54,113. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 62,572. SERVICE CONTRACT EXPENSE: PROGRAM SERVICE EXPENSES 2,316. MANAGEMENT AND GENERAL EXPENSES 93,955. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 96,271. |
| FORM 990, PART XI, LINE 9: | IMPAIRMENT LOSS ON OTHER INVESTMENTS -1,852,455. |
| Software ID: | |
| Software Version: |