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Nonprofit · EIN 35-2461541

GASTROINTESTINAL SPECIALISTS FOUNDATION INC

Tax-exempt · MEMPHIS, TN 38120

Financials

$7.8M$11.5M2022$9.6M$14.3M2023$10.6M$16.5M2024
Revenue Expenses · by fiscal year end
Financials of GASTROINTESTINAL SPECIALISTS FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990$10,561,636$16,529,566-$5,967,930$5,200,984$38,215,276-$33,014,292
September 30, 2024990$9,554,892$14,296,691-$4,741,799$2,175,705$29,222,067-$27,046,362
September 30, 2023990$7,828,401$11,522,683-$3,694,282$1,448,805$23,753,368-$22,304,563
Financial details: 990 for the year ended September 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$10,561,636
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$4,641,682
Other salaries and wages
$8,134,599
Salaries, compensation and benefits (total)
$14,085,410
Professional fundraising fees
$0
Occupancy
$486,862
Travel
$5,205
Depreciation
$99,749
Program services (functional)
$14,856,607
Management and general (functional)
$1,672,959

Balance sheet and other

Total assets, start of year
$2,175,705
Total assets, end of year
$5,200,984
Total liabilities, end of year
$38,215,276
Net assets, end of year
-$33,014,292
Land, buildings and equipment
$189,968
Net assets without donor restrictions
-$33,014,292
Gross receipts
$10,561,636
Employees
57
Volunteers
0
Year formed
2012
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 September 30, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
GREGORY M DUCKETTSECRETARY
Officer
0.04$0$1,667,844$92,287
GARY C ANDERSONDIRECTOR
Trustee or director
0.04$0$1,674,623$85,263
KENNETH FIELDS MDVICE PRESIDENT/DIRECTOR/PHYSICIAN
Trustee or director, Officer
40$1,590,762$0$102,597
MARK E SWANSON MDFORMER CEO
Former
0$0$1,297,719$19,891
PAUL S BIERMAN MDPRESIDENT/DIRECTOR/PHYSICIAN
Trustee or director, Officer
40$1,191,229$0$98,307
GAURAV KISTANGARI MDPHYSICIAN
Highest-paid employee
40$1,183,291$0$56,121
ABDULLAH AL-RASHDAN MDPHYSICIAN
Highest-paid employee
40$1,090,759$0$93,663
RANDELON SMITH MDPHYSICIAN
Highest-paid employee
40$1,077,638$0$102,202
EDWARD S FRIEDMAN MDPHYSICIAN/DIRECTOR
Trustee or director
40$1,018,019$0$98,568
JUSTIN RHODESDIRECTOR
Trustee or director
0.04$0$534,587$86,505
WILLIAM F THOMPSONCFO (AS OF 06/25)
Officer
0.5$0$412,511$63,217
JOSEPH FELTMANCRNA
Highest-paid employee
40$219,335$0$58,161
WALTER H STUART IVCRNA
Highest-paid employee
40$238,533$0$8,982
ANDREW D JETERCFO (THRU 01/25)
Officer
0.5$0$199,215$43,483
990 for the year ended September 30, 2024: 13 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
KENNETH FIELDS MDVICE PRESIDENT/DIRECTOR/PHYSICIAN
Trustee or director, Officer
37.5$1,407,126$93,630$114,586
PAUL S BIERMAN MDPRESIDENT/DIRECTOR/PHYSICIAN
Trustee or director, Officer
38.42$1,241,989$51,599$120,763
GREGORY M DUCKETTSECRETARY
Officer
0.04$0$1,256,183$90,318
GARY C ANDERSONDIRECTOR
Trustee or director
0.04$0$1,212,139$88,606
EDWARD S FRIEDMAN MDPHYSICIAN/DIRECTOR
Trustee or director
36.23$1,023,615$105,172$110,557
MARK E SWANSON MDCEO/DIRECTOR
Trustee or director, Officer
0.04$0$1,195,822$24,823
RANDELON SMITH MDPHYSICIAN
Highest-paid employee
37.25$953,723$71,667$116,676
GAURAV KISTANGARI MDPHYSICIAN
Highest-paid employee
35.5$904,340$113,689$54,223
JUSTIN RHODESDIRECTOR (AS OF 09/24)
Trustee or director
0.04$0$441,335$84,677
ABDULLAH AL-RASHDAN MDPHYSICIAN
Highest-paid employee
40$281,964$0$65,072
MICHAEL W SIMSCRNA
Highest-paid employee
40$211,018$0$63,427
JOSEPH FELTMANCRNA
Highest-paid employee
40$216,908$0$46,271
ANDREW D JETERCFO
Officer
0.5$0$187,549$43,316
990 for the year ended September 30, 2023: 14 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
PAUL D DEPRIEST MDDIRECTOR (THRU 08/23)
Trustee or director
0.04$0$1,407,602$87,814
KENNETH FIELDS MDVICE PRESIDENT/DIRECTOR/PHYSICIAN
Trustee or director, Officer
40$1,239,298$0$107,583
GREGORY M DUCKETTSECRETARY
Officer
0.04$0$1,120,752$82,097
PAUL S BIERMAN MDPRESIDENT/DIRECTOR/PHYSICIAN
Trustee or director, Officer
40$1,033,898$0$116,837
GARY C ANDERSONDIRECTOR (AS OF 09/23)
Trustee or director
0.04$0$1,062,887$83,871
MARK E SWANSON MDCEO/DIRECTOR
Trustee or director, Officer
0.04$0$1,000,668$21,797
EDWARD S FRIEDMAN MDPHYSICIAN/DIRECTOR
Trustee or director
40$866,888$0$103,554
RANDELON SMITH MDPHYSICIAN
Highest-paid employee
40$828,889$0$109,120
JAMES Z WHATLEY MDPHYSICIAN
Highest-paid employee
21.17$368,375$336,710$56,109
GAURAV KISTANGARI MDPHYSICIAN
Highest-paid employee
40$648,463$0$49,592
MICHAEL W SIMSCRNA
Highest-paid employee
40$205,151$0$60,677
JOSEPH FELTMANCRNA
Highest-paid employee
40$211,458$0$43,044
ANDREW D JETERCFO (AS OF 01/23)
Officer
0.5$0$193,723$41,491
DANNA BROWNCONTROLLER (THRU 12/22)
Officer
40$95,642$0$24,637

Address and contacts

Address (IRS master file)
80 HUMPHREYS CENTER, MEMPHIS, TN 38120-2353
In care of
% BAPTIST MEMORIAL HEALTH CARE
Principal officer (990 for 2024)
PAUL S BIERMAN MD, 80 HUMPHREYS CENTER, MEMPHIS, TN 38120
Signed the 990
JASON M LITTLE, PRESIDENT
Phone
(901) 227-3627
Return prepared by
DELOITTE TAX LLP

Mission

GASTROINTESTINAL SPECIALISTS FOUNDATION, INC. IS A COMPREHENSIVE GASTROINTESTINAL MEDICAL PRACTICE AND OUR MISSION IS TO PROVIDE EXCEPTIONAL, UNPARALLELED QUALITY CARE.

990 for the year ended September 30, 2025

Program accomplishments

  • GASTROINTESTINAL SPECIALISTS FOUNDATION, INC. IS A COMPREHENSIVE GASTROINTESTINAL MEDICAL PRACTICE AND OUR MISSION IS TO PROVIDE EXCEPTIONAL, UNPARALLELED QUALITY CARE. OUR PROVIDERS ARE EXPERTS IN HELPING PREVENT, DIAGNOSE AND TREAT EVERYTHING FROM HEARTBURN, FOOD ALLERGIES AND HEMORRHOIDS, TO COLON AND PANCREATIC CANCERS. WE PERFORM PROCEDURES AT OUR FULLY EQUIPPED, STATE OF THE ART ENDOSCOPY CENTER WHICH IS OWNED AND OPERATED BY BAPTIST MEMORIAL HEALTH CARE CORPORATION. WE ALSO UTILIZE AMERICAN ESOTERIC LABORATORIES (AEL) CONVENIENTLY LOCATED IN OUR BUILDING AS A REFERENCE LAB. AS AN AFFILIATE OF BAPTIST MEMORIAL MEDICAL GROUP, INC., WE OFFER MEDICAL CARE THAT REFLECTS THE THREE-FOLD MINISTRY OF CHRIST-PREACHING, TEACHING AND HEALING. WE ARE ALSO VERY THANKFUL TO BE BLESSED WITH THE MANY RESOURCES PROVIDED BY BAPTIST MEMORIAL HEALTH CARE CORPORATION. OUR SIX GASTROENTEROLOGISTS, DR. PAUL S. BIERMAN, DR. KENNETH I. FIELDS, DR. EDWARD S. FRIEDMAN, DR. GAURAV KISTANGARI, DR. RANDELON D. SMITH, AND DR. ABDULLAH AL-RASHDAN, AND OUR PATHOLOGIST, DR. ANDRE THOMPSON ARE COMMITTED TO EDUCATION, TRAINING AND SUPPORT OF OTHER LOCAL HEALTH CARE PRACTITIONERS. THEY ATTEND A VARIETY OF SEMINARS, CONFERENCES AND OTHER EDUCATIONAL PROGRAMS IN ORDER TO INTERACT WITH COLLEAGUES AND STAY ABREAST OF NEW AND DEVELOPING TECHNOLOGIES. WE ARE ALSO FOCUSED ON A VARIETY OF QUALITY ASSURANCE INDICATORS INCLUDING BUT NOT LIMITED TO PRESS GANEY ASSOCIATES, LLC. WE HAVE OFFICE LOCATIONS IN MEMPHIS, TN, ARLINGTON, TN, COVINGTON, TN, COLLIERVILLE, TN, SOUTHAVEN, MS, AND MARION, AR, WHICH ALLOWS US TO EXPAND ACCESS TO CULTURALLY DIVERSE PATIENT POPULATIONS ACROSS THE GREATER MEMPHIS AREA. WE ALSO ACCEPT MOST HEALTH INSURANCE PROGRAMS INCLUDING TENNCARE AND MEDICAID, UNDERSTANDING THAT ALL PATIENTS DESERVE QUALITY CARE REGARDLESS OF THEIR ABILITY TO PAY. WE HAVE ALSO STRATEGICALLY POSITIONED OURSELVES FOR THE AFFORDABLE CARE ACT TO ENSURE THAT WE REACH PATIENTS WHO WERE PREVIOUSLY UNINSURED. ADDITIONALLY, WE PARTICIPATE IN SEVERAL OUTREACH PROGRAMS INCLUDING, BUT NOT LIMITED TO, THE FOLLOWING:- PROVIDING HEALTH SERVICES TO THE VETERANS ADMINISTRATION. - PROVIDING HEALTH SERVICES TO LOCAL INMATES. - SUPPORT FOR THE CROHN'S AND COLITIS FOUNDATION. - COMMUNITY HEALTH FAIRS AND COMMUNITY AWARENESS PROGRAMS. - PROVIDING PHYSICIANS FOR SPEAKING ENGAGEMENTS PERTAINING TO GASTROINTESTINAL ISSUES AND OTHER HEALTH-RELATED SUBJECT MATTERS.
    Expenses $14,856,607 · revenue $10,561,636

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 September, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025September 30, 2026February 16, 2027Not due yet
2024September 30, 2025February 17, 2026990 on file
2023September 30, 2024February 18, 2025990 on file

IRS record

EIN
35-2461541
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
2014
Accounting year ends
September
Files
Form 990 or 990-EZ
Category (NTEE)
Health care (E21)
Assets (IRS master file)
$5,200,984
Income (IRS master file)
$10,561,636

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2025$10,561,636$16,529,566$5,200,984XML
990September 2024$9,554,892$14,296,691$2,175,705XML
990September 2023$7,828,401$11,522,683$1,448,805XML
990September 2022$8,433,781$11,369,809$2,013,583IRS
990September 2021–––IRS
990September 2020–––IRS
990September 2019–––IRS
990September 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 35-2461541).

Questions about GASTROINTESTINAL SPECIALISTS FOUNDATION INC

What is the EIN of GASTROINTESTINAL SPECIALISTS FOUNDATION INC?
The employer identification number (EIN) of GASTROINTESTINAL SPECIALISTS FOUNDATION INC is 35-2461541.
Is GASTROINTESTINAL SPECIALISTS FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
Are donations to GASTROINTESTINAL SPECIALISTS FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does GASTROINTESTINAL SPECIALISTS FOUNDATION INC 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 GASTROINTESTINAL SPECIALISTS FOUNDATION INC due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did GASTROINTESTINAL SPECIALISTS FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended September 2025.
Who is the principal officer of GASTROINTESTINAL SPECIALISTS FOUNDATION INC?
The 990 for the year ended September 30, 2025 names PAUL S BIERMAN MD.
Who are the officers and directors of GASTROINTESTINAL SPECIALISTS FOUNDATION INC?
The 990 for the year ended September 30, 2025 lists 14 people; 8 received compensation from the organization.
How much revenue does GASTROINTESTINAL SPECIALISTS FOUNDATION INC have?
On its 990 for the year ended September 30, 2025 it reported revenue of $10,561,636, expenses of $16,529,566 and total assets of $5,200,984 at year end.

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