Nonprofit · EIN 26-3557623
WELLMONT CARDIOLOGY SERVICES
Tax-exempt · JOHNSON CITY, TN 37601
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $81,761,515 | $79,826,608 | $1,934,907 | $8,465,061 | $11,543,989 | -$3,078,928 |
| June 30, 2024 | 990 | $72,519,804 | $74,060,828 | -$1,541,024 | $7,200,870 | $12,652,016 | -$5,451,146 |
| June 30, 2023 | 990 | $74,431,003 | $75,426,297 | -$995,294 | $10,322,339 | $14,232,461 | -$3,910,122 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $289
- of which government grants
- $289
- Program service revenue
- $81,724,919
- Investment income
- $23,138
- Net gain from sales of assets
- -$1,173
- Other revenue
- $13,169
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $6,112,092
- Other salaries and wages
- $48,420,330
- Salaries, compensation and benefits (total)
- $62,335,553
- Professional fundraising fees
- $0
- Legal fees
- $13,487
- Occupancy
- $2,342,433
- Travel
- $428,630
- Depreciation
- $259,814
- Program services (functional)
- $76,387,884
- Management and general (functional)
- $3,438,724
Balance sheet and other
- Total assets, start of year
- $7,200,870
- Total assets, end of year
- $8,465,061
- Total liabilities, end of year
- $11,543,989
- Net assets, end of year
- -$3,078,928
- Land, buildings and equipment
- $2,263,276
- Net assets without donor restrictions
- -$3,078,928
- Gross receipts
- $81,762,688
- Employees
- 417
- Volunteers
- 0
- Year formed
- 2010
- State of legal domicile
- TN
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Eric Deaton | BH EVP/COO Trustee or director, Officer | 1 | $0 | $1,747,698 | $137,400 |
| Clay Runnels MD | BH EVP & Chief Phy Executive Trustee or director | 1 | $0 | $1,375,526 | $131,128 |
| Marvin Eichorn | BH EVP/CAO Trustee or director, Officer | 1 | $0 | $1,445,711 | $53,543 |
| Mark Patterson MD | SVP/President-BHMA Officer | 1 | $0 | $1,108,908 | $103,049 |
| Ahmed Khan MD | Physician Highest-paid employee | 40 | $945,906 | $0 | $46,529 |
| Fawwaz Hamati MD | Physician Highest-paid employee | 40 | $959,598 | $0 | $20,527 |
| Jack Whitaker MD | Physician Highest-paid employee | 40 | $793,741 | $0 | $46,231 |
| Steven Hopkins MD | Physician Trustee or director | 40 | $722,632 | $0 | $50,265 |
| Mark Chang MD | SVP,CV Strategy & Trans. Trustee or director | 1 | $0 | $687,305 | $79,181 |
| Luke Erdoes MD | Physician Highest-paid employee | 40 | $731,542 | $0 | $30,124 |
| Stanley Gall Jr MD | Former Officer Former | 40 | $712,155 | $0 | $49,448 |
| Benjamin Culp MD | Vice-President Trustee or director, Officer | 40 | $708,825 | $0 | $51,871 |
| Greg Miller MD | Physician Trustee or director | 40 | $711,739 | $0 | $48,524 |
| Keith Kramer MD | Physician Trustee or director | 40 | $709,001 | $0 | $51,241 |
| Gaurav Rana MD | Physician/Treasurer Trustee or director, Officer | 40 | $707,278 | $0 | $51,539 |
7 more people on this return
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Shaun Colburn MD | Physician Highest-paid employee | 40 | $726,135 | $0 | $23,923 |
| Thomas Helton IV MD | Physician/President Trustee or director, Officer | 40 | $693,392 | $0 | $52,502 |
| Mark Aziz MD | Physician/Secretary Trustee or director, Officer | 40 | $715,016 | $0 | $28,248 |
| Nafees Mohammed MD | Physician Trustee or director | 40 | $717,634 | $0 | $9,576 |
| Chase Wilson CFO JCMC | Former Officer Former | 0 | $0 | $270,163 | $44,184 |
| Matthew Lazari | CFO-BHMA Officer | 0 | $0 | $231,538 | $38,184 |
| Leanne Cox Corp Dir Treasury | Former Officer Former | 0 | $0 | $116,560 | $34,658 |
990 for the year ended June 30, 2024: 27 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Shobha Hiremagalur MD | Physician Highest-paid employee | 40 | $1,297,634 | $0 | $18,532 |
| Eric Deaton | BH EVP/COO Trustee or director, Officer | 0.1 | $0 | $1,121,767 | $123,773 |
| Marvin Eichorn | BH EVP/CAO/Secretary Trustee or director, Officer | 0.1 | $0 | $1,073,543 | $50,738 |
| Clay Runnels MD | BH EVP & Chief Physician Executive Trustee or director | 0.1 | $0 | $970,301 | $118,739 |
| Ahmed Khan MD | Physician Highest-paid employee | 40 | $946,555 | $0 | $44,472 |
| Fawwaz Hamati MD | Physician Highest-paid employee | 40 | $941,395 | $0 | $19,004 |
| Israel Garcia MD | Physician Highest-paid employee | 40 | $848,881 | $0 | $39,793 |
| Vipulkumar Brahmbhatt MD | Physician Highest-paid employee | 40 | $867,295 | $0 | $19,566 |
| David Metzger MD beg Jun 2023 | Physician/President Trustee or director, Officer | 40 | $834,862 | $0 | $31,533 |
| Tony Keck end Aug 2023 | BH EVP/Sys Innov & CPMO Trustee or director, Officer | 0.1 | $0 | $716,766 | $102,173 |
| Jack Whitaker MDend Jan 2024 | Physician Trustee or director | 40 | $748,199 | $0 | $43,011 |
| Mark Patterson MD | SVP/President-BHMA Officer | 54.5 | $634,528 | $0 | $98,762 |
| Mark Chang MD start Aug 2023 | SVP,CV Strategy & Transformation/President Trustee or director | 0.5 | $643,330 | $0 | $78,617 |
| Steven Hopkins MD beg Jan 2024 | Physician Trustee or director | 40 | $668,984 | $0 | $47,761 |
| Jonathan Burress MD end Sep 2023 | Physician Trustee or director | 40 | $660,147 | $0 | $47,938 |
| Greg Miller MD beg Jan 2024 | Physician Trustee or director | 40 | $661,706 | $0 | $45,546 |
| Stanley Gall Jr MD | Physician/Treasurer Trustee or director, Officer | 40 | $656,980 | $0 | $46,609 |
| Benjamin Culp MD | Vice-President Trustee or director, Officer | 40 | $653,990 | $0 | $48,231 |
| Keith Kramer MD | Physician Trustee or director | 40 | $653,622 | $0 | $48,539 |
| Gaurav Rana MD | Physician Trustee or director | 40 | $643,817 | $0 | $47,771 |
| Mark Aziz MD end Jan 2024 | Physician Trustee or director | 40 | $659,843 | $0 | $24,310 |
| Nafees Mohammed MD beg Sep 2023 | Physician Trustee or director | 40 | $645,902 | $0 | $10,220 |
| Sherryl Croitor MD end Oct 2023 | Physician Trustee or director | 40 | $551,572 | $0 | $16,301 |
| Chase Wilson end Apr 2023 | Former Officer Former | 0 | $0 | $278,455 | $41,749 |
| Thomas Helton MD start Sep 2023 | Physician/President Trustee or director, Officer | 40 | $279,830 | $0 | $6,446 |
| Matthew Lazari | CFO-BHMA Officer | 40 | $0 | $218,945 | $34,835 |
| Leanne Cox end Oct 2020 | Former Officer VP/CFO Former | 0 | $0 | $110,888 | $34,061 |
990 for the year ended June 30, 2023: 25 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Marvin Eichorn | BH EVP/CAO Trustee or director, Officer | 0.1 | $0 | $3,107,147 | $45,520 |
| Eric Deaton | BH EVP/COO Trustee or director, Officer | 0.1 | $0 | $1,268,808 | $106,688 |
| Clay Runnels MD | BH EVP & Chief Phys Exec. Trustee or director | 0.1 | $0 | $1,095,491 | $98,857 |
| David Metzger MD | Physician Highest-paid employee | 40 | $979,534 | $0 | $38,064 |
| Tony Keck | BH EVP/Sys Innov & CPMO Trustee or director, Officer | 0.1 | $0 | $837,512 | $91,471 |
| Jack Whitaker MDstart 123 | Physician Trustee or director | 40 | $764,177 | $0 | $37,924 |
| Mark Chang MD | President Trustee or director, Officer | 40 | $716,483 | $0 | $49,122 |
| Mark Patterson MD | BHMA SVP/President Officer | 54.5 | $661,164 | $0 | $89,742 |
| Heesuk Yoon MD | Physician Highest-paid employee | 40 | $694,151 | $0 | $42,117 |
| Jonathan Burress MDstart 123 | Physician Trustee or director | 40 | $680,858 | $0 | $44,384 |
| Julius Gasso MD | Physician Highest-paid employee | 40 | $698,806 | $0 | $21,291 |
| Stanley Gall Jr MD | Vice President Trustee or director, Officer | 40 | $671,161 | $0 | $43,579 |
| Benjamin Culp MDstart 1122 | Sec/Treasurer Trustee or director, Officer | 40 | $669,515 | $0 | $44,228 |
| Keith Kramer MD | Physician Trustee or director | 40 | $667,753 | $0 | $45,917 |
| Eduardo Fernandez MDend 1222 | Physician Trustee or director | 40 | $668,861 | $0 | $43,651 |
| Luke Erdoes MD | Physician Highest-paid employee | 40 | $689,988 | $0 | $13,208 |
| Sherryl Croitor MD | Physician Trustee or director | 40 | $678,390 | $0 | $20,431 |
| Matthew Luff MD end 1122 | Sec/Treasurer Trustee or director, Officer | 40 | $636,690 | $0 | $40,438 |
| Marc Counts MD end 1222 | Physician Trustee or director | 40 | $581,013 | $0 | $43,379 |
| David Beckner MD | Physician Highest-paid employee | 40 | $317,313 | $0 | $31,084 |
| Chase Wilson end 423 | BHMA VP, COO/CFO Officer | 4.5 | $0 | $296,185 | $40,312 |
| Thomas Helton MD | Physician Trustee or director | 40 | $218,230 | $0 | $0 |
| Lori Jackson | Former Key Emp AVP/Svc Lin Former | 0 | $0 | $162,009 | $14,925 |
| Matthew Lazari start 722 | CFO-BHMA Officer | 40 | $0 | $142,000 | $25,409 |
| Leanne Cox end 102020 | Former Officer VP/CFO Former | 0 | $0 | $106,022 | $33,250 |
Address and contacts
- Address (IRS master file)
- 311 PRINCETON RD STE 1, JOHNSON CITY, TN 37601-2080
- In care of
- % PAYROLL
- Principal officer (990 for 2024)
- Joshua McFall, 303 Med Tech Prkwy, Johnson City, TN 37604
- Signed the 990
- Joshua McFall, CFO,Corp,Retail & NonAcute Svc
- Phone
- (423) 302-3467
- Website
- balladhealth.org
Mission
Honor those we serve by delivering the best possible care.Ballad Health is dedicated to improving the health of the 29-county Appalachian Highlands region.
Program accomplishments
- Cardiovascular Associates was established in 1978 to provide comprehensive cardiovascular services to the Northeast Tennessee/Southwest Virginia region. In May 2010, Wellmont Cardiology Services (WCS) acquired substantially all of the assets of Cardiovascular Associates to become the region's largest provider of comprehensive cardiovascular services.This physician group provides top-quality cardiovascular services to Northeast Tennessee, Southwest Virginia, Southeast Kentucky and Northwest North Carolina, as well as areas of West Virginia.WCS strives to improve the cardiovascular health of the region and deliver high-quality, cost-effective heart and vascular care with compassion.WCS consists of 48 certified cardiologists and cardiovascular and thoracic surgeons who work in twelve community offices and the seven member hospitals of Wellmont Health System. WCS diagnoses, treats and manages all aspects of adult cardiovascular disease. Services provided include general cardiology, preventive cardiology, electrophysiology, interventional cardiology, vascular medicine, structural heart disease, heart failure management, cardiovascular and thoracic surgery and advanced cardiovascular imaging. WCS also serves as a leader in clinical research and also participates in training of medical students, residents and fellows. For fiscal year 2025, WCS had 161,141 outpatient encounters and performed 3,285 surgical procedures.WCS is dedicated to improving the community's access to quality, affordable healthcare, educating the region's caregivers, improving the health status of its communities, and contributing to the quality of life in the areas it serves.CHARITY AND OTHER UNREIMBURSED COSTS:CHARITY CARE: While reimbursement for healthcare services rendered is critical to the operation and sustainability of the organization, Wellmont Cardiology Services recognizes its obligation to provide care to individuals who cannot afford essential medical services, including emergency care. WCS accepts all patients regardless of their ability to pay. A patient is classified as a charity patient when they meet the established policies of Ballad Health and guidelines outlined by the federal government. However, financial assistance decisions are not solely based on income. Unique financial circumstances are weighed with verified patient assets which can determine financial assistance eligibility. It is not until after verification of income and assets that a decision regarding the amount of financial assistance can be made. In fiscal year 2025, WCS incurred a loss of $866,554 attributable to the provision of charity care.TENNCARE/MEDICAID/MEDICARE/CHAMPUS: WCS provides care to persons covered by governmental programs, such as TennCare (Tennessee residents), Medicaid, Medicare and Champus. WCS incurred a loss of $17,367,059 providing care to this population of patients during the year.It is WCS's obligation to support causes that improve the quality of life in the region. WCS sponsored or participated in educational, community-based programs on healthy lifestyles, risk factor identification, diagnostic and treatment options, including continuing education programs for physicians, nurses and allied health professionals. Such initiatives included:-Annual Cardiovascular Summit-Presentations to medical societiesExpenses $76,387,884 · revenue $80,988,598
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 26-3557623
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Hospital or medical research organization
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2013
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Health care (E30)
- Assets (IRS master file)
- $8,465,061
- Income (IRS master file)
- $81,762,688
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $81,761,515 | $79,826,608 | $8,465,061 | IRS |
| 990-T | June 2025 | – | – | – | IRS |
| 990 | June 2024 | $72,519,804 | $74,060,828 | $7,200,870 | IRS |
| 990-T | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $74,431,003 | $75,426,297 | $10,322,339 | XML |
| 990-T | June 2023 | – | – | – | IRS |
| 990 | June 2022 | $62,431,042 | $61,907,108 | $5,691,536 | IRS |
| 990-T | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990-T | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 26-3557623).
Questions about WELLMONT CARDIOLOGY SERVICES
- What is the EIN of WELLMONT CARDIOLOGY SERVICES?
- The employer identification number (EIN) of WELLMONT CARDIOLOGY SERVICES is 26-3557623.
- Is WELLMONT CARDIOLOGY SERVICES tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2013.
- Are donations to WELLMONT CARDIOLOGY SERVICES tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does WELLMONT CARDIOLOGY SERVICES file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of WELLMONT CARDIOLOGY SERVICES due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did WELLMONT CARDIOLOGY SERVICES last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of WELLMONT CARDIOLOGY SERVICES?
- The 990 for the year ended June 30, 2025 names Joshua McFall.
- Who are the officers and directors of WELLMONT CARDIOLOGY SERVICES?
- The 990 for the year ended June 30, 2025 lists 22 people; 14 received compensation from the organization.
- How much revenue does WELLMONT CARDIOLOGY SERVICES have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $81,761,515, expenses of $79,826,608 and total assets of $8,465,061 at year end.
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