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Nonprofit · EIN 75-2966610

PHYSICIAN ASSOCIATES OF SOUTHWEST DALLAS

Tax-exempt · DALLAS, TX 75203

Financials

$12.6M$12.6M2022$11.4M$11.5M2023$10M$10.1M2024
Revenue Expenses · by fiscal year end
Financials of PHYSICIAN ASSOCIATES OF SOUTHWEST DALLAS by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990$10,047,060$10,139,868-$92,808$3,042,466$6,924,327-$3,881,861
September 30, 2024990$11,409,480$11,501,233-$91,753$3,286,676$7,075,729-$3,789,053
September 30, 2023990$12,587,557$12,556,165$31,392$2,650,325$6,347,625-$3,697,300
Financial details: 990 for the year ended September 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$9,837,547
Investment income
$0
Other revenue
$209,513

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$2,523,857
Other salaries and wages
$2,558,755
Salaries, compensation and benefits (total)
$5,880,249
Professional fundraising fees
$0
Accounting fees
$96,564
Occupancy
$7,764
Depreciation
$760
Program services (functional)
$8,191,352
Management and general (functional)
$1,948,516

Balance sheet and other

Total assets, start of year
$3,286,676
Total assets, end of year
$3,042,466
Total liabilities, end of year
$6,924,327
Net assets, end of year
-$3,881,861
Land, buildings and equipment
$1,946
Net assets without donor restrictions
-$3,881,861
Gross receipts
$10,047,060
Employees
26
Volunteers
0
Year formed
2001
State of legal domicile
TX

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
MARTIN L KOONSMAN MDCHAIR & PRESIDENT
Trustee or director, Officer
0.1$0$1,038,597$146,103
PAUL TARNASKYPHYSICIAN-GASTROENTEROLOGY
Highest-paid employee
40$659,277$0$20,795
AARON HOFFMAN MDDIRECTOR (BEGINNING NOVEMBER 2024)
Trustee or director
0.1$643,350$0$24,266
MICHELLE OLSON MDDIRECTOR
Trustee or director
40$588,259$0$33,829
SUSANNAH HAMBRIGHTHEPATOBILIARY SURGERY PHYSICIAN
Highest-paid employee
40$487,165$0$31,252
DALE STOVALL MDDIRECTOR (THROUGH NOVEMBER 2024)
Trustee or director
40$480,584$0$23,641
BRETT JOHNSON MDVICE PRESIDENT
Trustee or director, Officer
40$381,001$0$31,833
DAVID BANHASSOCIATE PROGRAM DIRECTOR FOR OB/GYN
Highest-paid employee
40$348,176$0$34,758
TARA NORRIS MDDIRECTOR (BEGINNING NOVEMBER 2024)
Trustee or director
0.1$67,372$301,613$5,757
ROBERT M MILONETREASURER
Officer
0.1$0$328,719$34,009
KHADIJA KABANIASSOCIATE PROGRAM DIRECTOR
Highest-paid employee
40$276,027$0$34,760
LEIGH HUNTER MDDIRECTOR (THROUGH NOVEMBER 2024)
Trustee or director
40$292,371$0$17,524
ELIZABETH BREWERDIRECTOR INTERNAL MEDICINE CLINIC GCAC
Highest-paid employee
40$288,917$0$18,918
GREG DAVIDSONSECRETARY/VP OF COMPLIANCE
Officer
0.1$0$204,030$28,795
990 for the year ended September 30, 2024: 14 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
PAMELA STOYANOFFFORMER OFFICER
Former
0$0$2,115,084$229,404
MARTIN L KOONSMAN MDCHAIR & PRESIDENT
Trustee or director, Officer
0.1$0$979,647$141,680
MICHELLE OLSON MDDIRECTOR (BEGINNING NOVEMBER 2023)
Trustee or director
40$609,179$0$38,999
PAUL TARNASKYPROGRAM DIRECTOR
Highest-paid employee
40$615,511$0$11,821
DALE STOVALL MDDIRECTOR
Trustee or director
40$580,793$0$24,603
LEIGH HUNTER MDDIRECTOR
Trustee or director
40$437,835$0$32,211
David BanhASSOCIATE PROGRAM DIRECTOR FOR OB/GYN
Highest-paid employee
40$413,323$0$46,647
BRETT JOHNSON MDVICE PRESIDENT
Trustee or director, Officer
40$382,830$0$45,703
MICHAEL S TRUITT MDDIRECTOR (THROUGH NOVEMBER 2023)
Trustee or director
40$384,798$0$27,037
REBECCA MCKOWNASSOCIATE PROGRAM DIRECTOR FOR OB/GYN
Highest-paid employee
40$355,141$0$37,663
ROBERT M MILONETREASURER
Officer
0.1$0$319,291$42,566
Elizabeth BrewerDIRECTOR INTERNAL MEDICINE CLINIC GCAC
Highest-paid employee
40$284,670$0$35,572
RAJASREE NAIR MDTEACHING FACULTY FPC
Highest-paid employee
40$301,363$0$13,301
GREG DAVIDSONSECRETARY/VP OF COMPLIANCE
Officer
0.1$0$199,266$48,670
990 for the year ended September 30, 2023: 15 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
PAMELA STOYANOFFFORMER OFFICER
Former
0$0$2,074,702$191,921
MARTIN L KOONSMAN MDCHAIR & PRESIDENT
Trustee or director, Officer
5$0$926,975$82,049
MICHAEL S TRUITT MDDIRECTOR
Trustee or director
40$845,801$0$54,423
GEORGE WILLIAMS MDFORMER OFFICER
Former
0$0$673,201$45,045
DALE STOVALL MDDIRECTOR
Trustee or director
40$575,595$0$26,622
PAUL TARNASKYPROGRAM DIRECTOR
Highest-paid employee
40$545,099$0$10,828
LEIGH HUNTER MDDIRECTOR
Trustee or director
40$425,289$0$31,593
David BanhASSOCIATE PROGRAM DIRECTOR FOR OB/GYN
Highest-paid employee
40$377,954$0$40,608
BRETT JOHNSON MDVICE PRESIDENT
Trustee or director, Officer
40$375,368$0$36,826
REBECCA MCKOWNASSOCIATE PROGRAM DIRECTOR FOR OB/GYN
Highest-paid employee
40$349,561$0$42,372
ROBERT M MILONETREASURER
Officer
5$0$302,739$31,783
BASSEM MOSTAFA-ELSAWY MDTEACHING FACULTY FPC
Highest-paid employee
40$283,198$0$47,212
RAJASREE NAIR MDTEACHING FACULTY FPC
Highest-paid employee
40$269,164$0$8,883
GREG DAVIDSONSECRETARY/VP OF COMPLIANCE
Officer
5$0$194,833$47,395
SAMUEL CULLISON MDFORMER OFFICER
Former
0$216,254$0$6,232

Address and contacts

Address (IRS master file)
1441 N BECKLEY AVE, DALLAS, TX 75203-1201
In care of
% DWIGHT F WILLIAMS
Principal officer (990 for 2024)
MARTIN KOONSMAN JR, 1441 N BECKLEY AVE, DALLAS, TX 75203
Signed the 990
MARTIN KOONSMAN JR, PRESIDENT
Phone
(214) 947-4581
Return prepared by
CROWE ADVISORY LLC

Mission

TO IMPROVE AND SAVE LIVES THROUGH COMPASSIONATE QUALITY HEALTH CARE. PHYSICIAN ASSOCIATES OF SOUTHWEST DALLAS (PASD) IS A WHOLLY CONTROLLED AFFILIATE OF METHODIST HOSPITALS OF DALLAS (MHD) WHOSE PURPOSE IS TO TEACH AND AID IN THE EDUCATION OF GRADUATE MEDICAL EDUCATION STUDENTS (RESIDENTS) OF MHD.

990 for the year ended September 30, 2025

Program accomplishments

  • PHYSICIAN ASSOCIATES OF SOUTHWEST DALLAS (PASD) IS A WHOLLY CONTROLLED AFFILIATE OF METHODIST HOSPITALS OF DALLAS (MHD) WHOSE PURPOSE IS TO TEACH AND AID IN THE EDUCATION OF GRADUATE MEDICAL EDUCATION STUDENTS (RESIDENTS) OF MHD. PASD EMPLOYS PHYSICIAN INSTRUCTORS AND BILLS FOR THE PATIENT SERVICES PROVIDED AS PART OF THE TEACHING MISSION OF THE ORGANIZATION. NET INCOME DERIVED FROM THE PATIENT SERVICES IS USED TO SUPPORT THE GRADUATE MEDICAL EDUCATION PROGRAM OF MHD. WITH THE AID OF PASD, METHODIST HOSPITALS OF DALLAS IS ABLE TO TRAIN APPROXIMATELY 106 RESIDENTS ANNUALLY.
    Expenses $8,191,352 · revenue $10,047,060

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
75-2966610
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Donations deductible (Pub 78)
Supporting organization of unknown type
Exempt since
2002
Accounting year ends
September
Files
Form 990 or 990-EZ
Category (NTEE)
Health care (E192)
Assets (IRS master file)
$3,042,466
Income (IRS master file)
$10,047,060

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2025$10,047,060$10,139,868$3,042,466XML
990September 2024$11,409,480$11,501,233$3,286,676XML
990September 2023$12,587,557$12,556,165$2,650,325XML
990September 2022$11,012,357$11,225,449$2,206,551IRS
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 75-2966610).

Questions about PHYSICIAN ASSOCIATES OF SOUTHWEST DALLAS

What is the EIN of PHYSICIAN ASSOCIATES OF SOUTHWEST DALLAS?
The employer identification number (EIN) of PHYSICIAN ASSOCIATES OF SOUTHWEST DALLAS is 75-2966610.
Is PHYSICIAN ASSOCIATES OF SOUTHWEST DALLAS tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
Are donations to PHYSICIAN ASSOCIATES OF SOUTHWEST DALLAS tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does PHYSICIAN ASSOCIATES OF SOUTHWEST DALLAS 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 PHYSICIAN ASSOCIATES OF SOUTHWEST DALLAS 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 PHYSICIAN ASSOCIATES OF SOUTHWEST DALLAS 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 PHYSICIAN ASSOCIATES OF SOUTHWEST DALLAS?
The 990 for the year ended September 30, 2025 names MARTIN KOONSMAN JR.
Who are the officers and directors of PHYSICIAN ASSOCIATES OF SOUTHWEST DALLAS?
The 990 for the year ended September 30, 2025 lists 14 people; 11 received compensation from the organization.
How much revenue does PHYSICIAN ASSOCIATES OF SOUTHWEST DALLAS have?
On its 990 for the year ended September 30, 2025 it reported revenue of $10,047,060, expenses of $10,139,868 and total assets of $3,042,466 at year end.

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