2026-08-17T15:30:35-05:00 2025-09-30 PWC US TAX LLP 655 NEW YORK AVENUE NW SUITE 1100 WASHINGTON DC 20001 990 2024-10-01 630810661 CAPSTONE HEALTH SERVICES FOUNDATION PC % ALLISON ARENDALE CAPS 2053485203 PO BOX 870326 TUSCALOOSA AL 354870326 ALLISON ARENDALE SECRETARY/TREASURER 2053485203 2026-08-17 true true MICHAEL D HOFFMAN P01345551 2024141000 2026-08-11 2024 2025-03-06 01:10:19Z KAREN BURGESS PO BOX 870326 TUSCALOOSA AL 354870326 43955207 false X N/A X 1981 AL THE FOUNDATION WAS ORGANIZED AS A NON-PROFIT CORPORATION DEDICATED TO PROVIDING AN ORGANIZATION AND FRAMEWORK TO DEVELOP AND FURNISH PATIENT CARE. 12 5 113 5 0 0 0 0 38805085 42946700 599184 1008507 0 0 39404269 43955207 0 0 0 0 24554590 26185087 0 0 0 19036647 19682960 43591237 45868047 -4186968 -1912840 40416369 37578501 13153061 11989227 27263308 25589274 X THE FOUNDATION WAS ORGANIZED AS A NON-PROFIT CORPORATION DEDICATED TO PROVIDING AN ORGANIZATION AND FRAMEWORK TO DEVELOP AND FURNISH PATIENT CARE THROUGH THE UNIVERSITY MEDICAL CENTER, AND IS EMPLOYED TO SUPPORT THE EDUCATIONAL PROGRAMS OF THE UNIVERSITY OF ALABAMA COLLEGE OF COMMUNITY HEALTH SCIENCES (CCHS). CCHS'S MISSION IS TO IMPROVE AND PROMOTE THE HEALTH OF INDIVIDUALS AND COMMUNITIES IN ALABAMA AND THE REGION THROUGH LEADERSHIP IN MEDICAL EDUCATION AND PRIMARY CARE, THE PROVISION OF HIGH QUALITY, ACCESSIBLE HEALTH CARE SERVICES, AND SCHOLARSHIP. false false 34401035 0 42946700 THE FOUNDATION IS DEDICATED TO PROVIDING AN ORGANIZATION AND FRAMEWORK TO DEVELOP AND FURNISH PATIENT CARE, WITHOUT REGARD FOR THE PATIENTS' ABILITY TO PAY, THROUGH ITS OUTPATIENT CLINIC CARE, THE UNIVERSITY MEDICAL CENTER. THE FOUNDATION ALSO PROVIDES ASSISTANCE TO THE UNIVERSITY OF ALABAMA SCHOOL OF MEDICINE, TUSCALOOSA PROGRAM, AND THE COLLEGE OF COMMUNITY HEALTH SCIENCES. THE CLINIC REPRESENTS EIGHT MEDICAL SPECIALITIES, INCLUDING FAMILY MEDICINE, INTERNAL MEDICINE, OBSTETRICS AND GYNECOLOGY, PEDIATRICS, PSYCHIATRY, NEUROLOGY, SPORTS MEDICINE, HOSPITALIST MEDICINE, AND SURGERY, AS WELL AS THE FACULTY STAFF CLINIC AND WELLNESS CLINIC. THE FOUNDATION ALSO OPERATES CLINICAL COMPONENTS OF, OR RELATING TO, THE STUDENT HEALTH CENTER, THE TUSCALOOSA FAMILY MEDICINE RESIDENCY PROGRAM AND ITS 48 RESIDENTS, APPROXIMATELY 65 MEDICAL STUDENTS, FELLOWSHIPS IN SPORTS MEDICINE, HOSPITALIST MEDICINE, EMERGENCY MEDICINE, GERIATRICS, OBSTETRICS AND PSYCHIATRY, AND COMMUNITY-BASED CLINICAL WORK UNDER CONTRACT, OR IN AFFILIATION WITH, A VARIETY OF PARTNERS/COLLABORATORS. 34401035 true false false false false false false false false true false false true true false true false false false false false false false false false false false false true false false false false false false false false false false false false false true false false false true 43 0 true 113 true false false false false false false false false false false false false X 12 5 false false false false false false false true true false false true true true true true true true true false X ALLISON ARENDALE 2053485327 850 PETER BRYCE BLVD TUSCALOOSA AL 35401 ANUPAM AGARWAL BOARD MEMBER/DEAN MED SCHOOL 1.0 62.25 X 0 1218013 227053 STUART BELL BOARD MEMBER/PRESIDENT UA 1.0 40.0 X 0 906298 248845 RICHARD FRIEND BOARD MEMBER/DEAN-CCHS 10.0 40.0 X 180000 346533 91421 SHUAIB MOHAMED HOSPITALIST 40.0 0.0 X 545752 0 31500 MONICA BUI HOSPITALIST 40.0 0.0 X 478217 0 35496 LISA GILLESPIE HOSPITALIST 40.0 0.0 X 473433 0 37252 JONATHAN SHERRILL HOSPITALIST 40.0 0.0 X 436912 0 32820 HARITHA GUTTIKONDA HOSPITALIST 40.0 0.0 X 433071 0 32559 KAREN BURGESS FORMER PRESIDENT 10.0 40.0 X 112568 244627 77709 THOMAS WEIDA BOARD MEMBER/ASSOCIATE DEAN 10.0 40.0 X 75492 222494 54421 RAY STEWART PRESIDENT 10.0 40.0 X 100084 163498 54800 DRAKE LAVENDER FORMER FACULTY REPRESENTATIVE 0.0 40.0 X 91100 144682 55097 SACHIN SHENOY VICE PRESIDENT 10.0 40.0 X 131380 115241 39529 ALLISON ARENDALE SECRETARY/TREASURER 10.0 40.0 X 0 220974 61917 ANNE HALLI-TIERNEY FACULTY REPRESENTATIVE 10.0 40.0 X 61508 138666 49598 MATTHEW FAJACK BOARD MEMBER/VP FINANCE UA 1.0 38.0 X 0 134726 5349 JOSEPH BROWN BOARD MEMBER 1.0 40.0 X 0 95659 17391 ANGELA HAMITER BOARD MEMBER 1.0 0.0 X 0 0 0 CHARLES JONES BOARD MEMBER 1.0 0.0 X 0 0 0 CHRIS MCGEE BOARD MEMBER 1.0 0.0 X 0 0 0 CYNTHIA ALMOND BOARD MEMBER 1.0 0.0 X 0 0 0 MARK WILLIAMS BOARD MEMBER 1.0 0.0 X 0 0 0 3119517 3951411 1152757 53 true true false 0 0 HEALTH CARE SERVICES 621610 42609014 42609014 0 0 UA STUDENT HEALTH CENTER 900099 337686 337686 0 0 42946700 1008507 0 0 1008507 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 43955207 42946700 0 1008507 0 0 0 0 2307716 1730787 576929 0 0 19579603 14684702 4894901 0 1288617 966463 322154 0 1992715 1494536 498179 0 1016436 762327 254109 0 0 54660 40995 13665 0 30000 22500 7500 0 0 0 0 10979351 8234513 2744838 0 310465 232849 77616 0 0 498361 373771 124590 0 0 163664 122748 40916 0 494916 371187 123729 0 0 0 273712 205284 68428 0 0 839000 629250 209750 0 933436 700077 233359 0 SUPPLIES 2785691 2089268 696423 0 BAD DEBT EXPENSES 1267948 950961 316987 0 LICENSES AND FEES 335696 251772 83924 0 PROFESSIONAL DEVELOPMENT/CME 153437 115078 38359 0 562623 421967 140656 0 45868047 34401035 11467012 0 6725 6875 5944823 4710714 0 0 2975138 2357460 0 0 0 0 5344056 3573031 810249 729296 61833 268196 3006064 2170896 847303 835168 13119759 14333673 0 0 0 0 0 0 11306483 10764088 40416369 37578501 4509788 3904409 0 0 0 0 0 0 0 0 0 0 0 0 0 0 8643273 8084818 13153061 11989227 X 27263308 25589274 0 0 27263308 25589274 40416369 37578501 -1912840 238806 X false true X true false X 1342696 954969 387727 1663368 1215927 447441 835168 RIGHT OF USE ASSET 10407443 DUE FROM AFFILIATES 356645 10764088 0 LONG TERM LEASE LIABILITES 8084818 8084818 X 42926065 238806 -1267948 -1029142 43955207 43955207 44600099 44600099 1267948 1267948 45868047 PART X, LINE 2: THE FOUNDATION HAS BEEN DETERMINED TO BE A TAX EXEMPT ORGANIZATION BY THE INTERNAL REVENUE SERVICE UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE FOUNDATION IS NOT A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A) OF THE INTERNAL REVENUE CODE. THE FOUNDATION HAD NO UNCERTAIN TAX POSITIONS AT SEPTEMBER 30, 2025 AND 2024. AS SUCH, NO INTEREST OR PENALTIES WERE RECOGNIZED IN THE STATEMENTS OF REVENUES, EXPENSES AND CHANGES IN NET POSITION RELATED TO UNCERTAIN TAX POSITIONS. PART XI, LINE 2D: PROVISION FOR BAD DEBT: ($ 1,267,948) PART XII, LINE 4B: PROVISION FOR BAD DEBT: $ 1,267,948 X true true X false false false false false false false false false ALLISON ARENDALE SECRETARY/TREASURER 0 219694 0 0 0 1280 0 40824 0 21093 0 282891 0 0 ANNE HALLI-TIERNEY FACULTY REPRESENTATIVE 54008 138491 7500 0 0 175 5536 26033 0 18029 67044 182728 0 0 ANUPAM AGARWAL BOARD MEMBER/DEAN MED SCHOOL 0 1028204 0 136998 0 52811 0 188012 0 39041 0 1445066 0 0 DRAKE LAVENDER FORMER FACULTY REPRESENTATIVE 83600 144346 7500 0 0 336 8199 26034 0 20864 99299 191580 0 0 HARITHA GUTTIKONDA HOSPITALIST 423071 0 10000 0 0 0 32559 0 0 0 465630 0 0 0 JONATHAN SHERRILL HOSPITALIST 426912 0 10000 0 0 0 32820 0 0 0 469732 0 0 0 KAREN BURGESS FORMER PRESIDENT 97568 243267 15000 0 0 1360 10131 45402 0 22176 122699 312205 0 0 LISA GILLESPIE HOSPITALIST 463433 0 10000 0 0 0 37252 0 0 0 510685 0 0 0 MONICA BUI HOSPITALIST 468217 0 10000 0 0 0 35496 0 0 0 513713 0 0 0 RAY STEWART PRESIDENT 91034 160196 9050 0 0 3302 9008 28155 0 17637 109092 209290 0 0 RICHARD FRIEND BOARD MEMBER/DEAN-CCHS 180000 344434 0 0 0 2099 16200 57301 0 17920 196200 421754 0 0 SACHIN SHENOY VICE PRESIDENT 125000 115120 6380 0 0 121 11824 19727 0 7978 143204 142946 0 0 SHUAIB MOHAMED HOSPITALIST 535752 0 10000 0 0 0 31500 0 0 0 577252 0 0 0 STUART BELL BOARD MEMBER/PRESIDENT UA 0 901049 0 0 0 5249 0 152544 0 96301 0 1155143 0 0 THOMAS WEIDA BOARD MEMBER/ASSOCIATE DEAN 66992 218737 8500 0 0 3757 4785 37808 0 11828 80277 272130 0 0 SCHEDULE J, PART I, LINE 1A: DISCRETIONARY SPENDING ACCOUNTS: THE DOCTORS ARE ALLOWED TO SPEND $4,000 PER YEAR FOR CONTINUING MEDICAL EDUCATION EXPENSES, CLASSES, AND TRAVEL. SCHEDULE J, PART I, LINE 1A: EXPENSE REIMBURSEMENT POLICY: IMMEDIATE SUPERVISORS FOR EVERY POSITION ARE ADVISED AND APPROVE ANY CHANGES TO COMPENSATION. THE DEAN AND OFFICERS PROVIDE FINAL APPROVAL FOR ALL POSITIONS WITHIN THE FOUNDATION. THE BOARD APPROVES ANY CHANGES TO THE DEAN'S SALARY. FORM 990, PART VI, LINE 11B: CAPSTONE HEALTH SERVICES FOUNDATION, PC'S ("CHSF"THE FOUNDATION") FORM 990 IS PREPARED BY PWC US TAX, LLP. AFTER THE FORM 990 IS PREPARED, IT IS REVIEWED BY THE DIRECTOR OF FINANCE. FORM 990, PART VI, LINE 12C: THE BOARD ADOPTED THE UNIVERSITY OF ALABAMA'S CONFLICT OF INTEREST POLICY, WHICH IS A STRINGENT POLICY. THE CONFLICT OF INTEREST POLICY APPLIES TO OFFICERS AND EMPLOYEES OF THE ORGANIZATION, AS WELL AS BOARD MEMBERS. THIS POLICY WAS REVIEWED WITH THE BOARD. THE DISCLOSURES ARE REVIEWED WITH THE EXECUTIVE COMMITTEE AND WITH THE EXTERNAL AUDIT FIRM. IF A CONFLICT ARISES, IT IS REVIEWED BY THE EXECUTIVE COMMITTEE AND, IF NECESSARY, A REVIEW IS CONDUCTED BY THE ENTIRE BOARD. FORM 990, PART VI, LINES 15A & 15B: THE HR COORDINATOR IN PARTNERSHIP WITH THE CFO RECOMMEND SALARY AND COMPENSATION PACKAGES TO THE DEAN AND OTHER FOUNDATION LEADERSHIP MEMBERS FOR FINAL APPROVAL. THE PRESIDENT IN CONJUNCTION WITH UA SENIOR LEADERSHIP APPROVE ANY CHANGES TO THE DEAN'S SALARY. A COMPARISON AGAINST BENCHMARK SURVEYS (MGMA AND AAMC) IS CONDUCTED EVERY TWO TO THREE YEARS. FORM 990, PART VI, LINE 19: THE FOUNDATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST FROM THE OFFICE OF THE TREASURER OF THE ORGANIZATION. FORM 990 PART IX LINE 11G DESCRIPTION:AGENCY SERVICES TOTAL FEES:10979351 SEE PART VI false SEE PART VI false false false false false false false false false false true false true true true true false false false FORM 990, SCHEDULE R, PART II-IV - NAMES OF RELATED ORGANIZATIONS: THE ATTACHED LIST OF ENTITIES ARE FOUNDATIONS OR SUBSIDIARIES AFFILIATED WITH THE UNIVERSITY OF ALABAMA SYSTEM AND ITS VARIOUS CAMPUSES. SOME OF THESE ENTITIES MAY NOT MEET THE IRS DEFINITION OF "RELATED ORGANIZATION" FOR PURPOSES OF SCHEDULE R. THEY ARE INCLUDED, HOWEVER, ON THIS ATTACHED STATEMENT FOR PURPOSES OF COMPLETENESS AND TRANSPARENCY. ALABAMA CARE NETWORK MID-STATE (EXEMPT) ALABAMA CARE NETWORK SOUTHEAST (EXEMPT) ALABAMA PHYSICIAN NETWORK, LLC (LLC) ALABAMA ENGINEERING FOUNDATION, INC. (EXEMPT) AMERICAN SPORTS MEDICINE INSTITUTE, INC. (EXEMPT) ASCENSION VENTURES CORPORATION (C CORP) BAYLEY 56, LLC (LLC) BAYLEY CONDOMINIUM ASSOCIATION (EXEMPT) CAMPUS HOSPITALITY SERVICES, LLC (LLC) CAPSTONE EDUCATIONAL AND RESEARCH FOUNDATION (EXEMPT) CAPSTONE HEALTH SERVICES FOUNDATION, P.C. (EXEMPT) CENTRAL ALABAMA ORTHOPEDIC AMBULATORY SURGERY CENTER, LLC (LLC) CHOCTAW INVESTMENT COMPANY, LLC (LLC) COMMERCIAL REAL ESTATE, LLC (LLC) CONTINUUMRX OF CENTRAL ALABAMA, LLC (LLC) COOPER GREEN MERCY HEALTH SERVICES AUTHORITY, AN AFFILIATE OF UAB MEDICINE ENTERPRISE (C CORP) COOPER GREEN REHABILITATION SERVICES (EXEMPT) COTTON EXCHANGE OF CULLMAN, LLC (LLC) CRIMSON TIDE FOUNDATION (EXEMPT) EASTSIDE P.E.T. CENTER, LLC (LLC) EASTSIDE VENTURES, INC. (C CORP) GORGAS MEMORIAL INSTITUTE OF TROPICAL AND PREVENTATIVE MEDICINE, INC. (C CORP) HEALTHNET OF ALABAMA, INC. (EXEMPT) MCS, LLC (LLC) MEDICAL TOWERS, INC. (C CORP) MEDICAL WEST HOSPITAL AUTHORITY, AN AFFILIATE OF UAB MEDICINE ENTERPRISE (EXEMPT) OCCUPATIONAL HEALTH CLINIC, LLC (LLC) ONE NINETEEN GI ASC, LLC (LLC) OUTPATIENT SERVICES EAST, LTD. (LP) RIDGECREST STUDENT HOUSING, LLC (LLC) SETON PROPERTY CORPORATION OF NORTH ALABAMA (EXEMPT) SOUTHERN RESEARCH INSTITUTE (EXEMPT) ST. VINCENT'S AMBULATORY HEALTHCARE NETWORK LLC (LLC) ST. VINCENT'S BIRMINGHAM (EXEMPT) ST. VINCENT'S BLOUNT (EXEMPT) ST. VINCENT'S CHILTON, LLC (LLC) ST. VINCENT'S EAST (EXEMPT) ST. VINCENT'S HEALTH SYSTEM (EXEMPT) ST. VINCENT'S HOME MEDICAL SERVICES, LLC (LLC) ST. VINCENT'S HOSPITAL PROFESSIONAL OFFICE BUILDING II CONDOMINIUM ASSOCIATION (EXEMPT) ST. VINCENT'S HOSPITAL PROFESSIONAL OFFICE BUILDING III CONDOMINIUM ASSOCIATION (EXEMPT) ST. VINCENT'S NORTH TOWER CONDOMINIUM OWNER'S ASSOCIATION, INC. (EXEMPT) ST. VINCENT'S OUTPATIENT SURGERY SERVICES, LLC (LLC) ST. VINCENT'S P.E.T. CENTER, LLC (LLC) ST. VINCENT'S PHYSICIAN ALLIANCE, LLC (LLC) ST. VINCENT'S SLEEP DISORDER CENTER, LLC (LLC) ST. VINCENT'S ST. CLAIR, LLC (LLC) ST. VINCENT'S URGENT CARE, LLC (LLC) ST. VINCENT'S VOLUNTEER COUNCIL, LLC (LLC) STV CARDIOLOGY CLINIC, LLC (LLC) STV CARDIOTHORACIC SURGEONS, LLC (LLC) STV NEURO I, LLC (LLC) STV ORTHOPEDIC SURGEONS, LLC (LLC) STV ORTHOPEDICS CO MANAGEMENT, LLC (LLC) STV PRIMARY CARE EAST, LLC (LLC) STV PRIMARY CARE SPRINGVILLE, LLC (LLC) STV PULMONARY GROUP, LLC (LLC) STV SPORTS MEDICINE & ORTHOPEDICS, LLC (LLC) STVHS CARDIOLOGY CO MANAGEMENT, LLC (LLC) STVHS OB-GYN CO-MANAGEMENT, LLC (LLC) THE 1831 FOUNDATION (EXEMPT) THE ALABAMA "A" CLUB EDUCATIONAL AND CHARITABLE FOUNDATION (EXEMPT) THE ALUMNI ASSOCIATION OF THE UNIVERSITY OF ALABAMA SCHOOL OF MEDICINE (EXEMPT) THE BOARD OF TRUSTEES OF THE UNIVERSITY OF ALABAMA (EXEMPT) THE CAPSTONE FOUNDATION (EXEMPT) THE HEALTH CARE AUTHORITY FOR BAPTIST HEALTH, AN AFFILIATE OF UAB MEDICINE ENTERPRISE (C CORP) THE KIRKLIN CLINIC, INC. (C CORP) THE NATIONAL ALUMNI ASSOCIATION OF THE UNIVERSITY OF ALABAMA (EXEMPT) THE NATIONAL ALUMNI SOCIETY OF THE UNIVERSITY OF ALABAMA AT BIRMINGHAM (EXEMPT) THE UAB DIABETES TRUST FOUNDATION (EXEMPT) THE UAB EDUCATIONAL FOUNDATION (EXEMPT) THE UAB RESEARCH FOUNDATION (EXEMPT) THE UNIVERSITY FOUNDATION (EXEMPT) THE UNIVERSITY OF ALABAMA "A" CLUB ALUMNI ASSOCIATION (EXEMPT) THE UNIVERSITY OF ALABAMA DONOR ADVISED FUND (EXEMPT) THE UNIVERSITY OF ALABAMA HEALTH SERVICES FOUNDATION, P.C. (EXEMPT) THE UNIVERSITY OF ALABAMA IN HUNTSVILLE PUBLIC EDUCATION BUILDING AUTHORITY (EXEMPT) THE UNIVERSITY OF ALABAMA IN HUNTSVILLE RESEARCH FOUNDATION (EXEMPT) THE UNIVERSITY OF ALABAMA LAW SCHOOL FOUNDATION (EXEMPT) THE UNIVERSITY OF ALABAMA OPHTHALMOLOGY SERVICES FOUNDATION (EXEMPT) THE UNIVERSITY OF ALABAMA RESEARCH FOUNDATION (EXEMPT) THE VALLEY FOUNDATION (EXEMPT) THE WORKPLACE, INC. (C CORP) TRITON HEALTH SYSTEMS, LLC (LLC) UA-ASU-TSU EDUCATIONAL RADIO CORPORATION (EXEMPT) UAB ATHLETICS FOUNDATION (EXEMPT) UAB CALLAHAN EYE HOSPITAL AUTHORITY (EXEMPT) UAB HEALTH SYSTEM AUTHORITY (EXEMPT) UAB HOSPITAL MANAGEMENT, LLC (LLC) UAB MEDICINE ENTERPRISE (EXEMPT) UAB MEDICINE FINANCE AUTHORITY (C CORP) UAB SOUTHVIEW, LLC (LLC) UAB ST. VINCENT'S EMPLOYMENT AUTHORITY (C CORP) UAB ST. VINCENT'S FOUNDATION, INC. (EXEMPT) UAB ST. VINCENT'S HEALTH SYSTEM AUTHORITY (C CORP) UAB STV ORTHOPEDICS, LLC (LLC) UAB-SVHS, INC. (EXEMPT) UNIVERSAL HEALTH SERVICES (EXEMPT) UNIVERSITY OF ALABAMA HUNTSVILLE FOUNDATION (EXEMPT) VENN LABS, INC. (EXEMPT) VINCENTIAN PHYSICIAN SERVICES, LLC (LLC) VINCENTIAN VENTURES OF NORTH ALABAMA, INC. (C CORP) VIVA HEALTH ADMINISTRATION, LLC (LLC) VIVA HEALTH INSURANCE COMPANY (C CORP) VIVA HEALTH, INC. (EXEMPT)