Nonprofit · EIN 82-1064427
PAEON HEALTH SERVICES INC
Tax-exempt · AUSTIN, TX 78746
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $21,717,880 | $20,075,615 | $1,642,265 | $2,313,611 | $0 | $2,313,611 |
| December 31, 2023 | 990 | $12,900,954 | $13,105,052 | -$204,098 | $667,111 | $0 | $667,111 |
| December 31, 2022 | 990 | $6,787,403 | $6,198,841 | $588,562 | $871,209 | $0 | $871,209 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $14,000,000
- Program service revenue
- $7,716,451
- Investment income
- $1,429
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $13,542,473
- Salaries, compensation and benefits (total)
- $15,109,330
- Professional fundraising fees
- $0
- Legal fees
- $12,329
- Accounting fees
- $198,000
- Occupancy
- $406,490
- Travel
- $35,042
- Program services (functional)
- $19,487,164
- Management and general (functional)
- $588,451
Balance sheet and other
- Total assets, start of year
- $667,111
- Total assets, end of year
- $2,313,611
- Total liabilities, end of year
- $0
- Net assets, end of year
- $2,313,611
- Net assets without donor restrictions
- $2,313,611
- Gross receipts
- $21,717,880
- Employees
- 51
- Volunteers
- 0
- Year formed
- 2017
- State of legal domicile
- LA
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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| PETER C NOVEMBER | DIRECTOR/SEC/TREAS/CFO Trustee or director, Officer | 1 | $0 | $6,112,385 | $899,128 |
| MATTHEW BLOCK | DIRECTOR/PRES/CEO Trustee or director, Officer | 1 | $0 | $856,278 | $28,426 |
| BEN B ADAMS MD | PHYSICIAN Highest-paid employee | 40 | $660,883 | $0 | $27,188 |
| MICHAEL A PREJEAN MD | PHYSICIAN Highest-paid employee | 40 | $617,720 | $0 | $65,420 |
| JARED M ROUSSEL MD | PHYSICIAN Highest-paid employee | 40 | $645,802 | $0 | $31,365 |
| BEDFORD NIEVES-CRUZ MD | PHYSICIAN Highest-paid employee | 40 | $480,529 | $0 | $51,618 |
| NATHAN M SUTTON MD | PHYSICIAN Highest-paid employee | 40 | $409,635 | $0 | $32,715 |
| RUSSELL P HENRY MD | FORMER KEY EMPLOYEE Former | 40 | $263,047 | $0 | $17,007 |
| JEFFERSON M BRINKER | VICE PRESIDENT (BEG 6/2024) Officer | 1 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| PETER C NOVEMBER | DIRECTOR/SEC/TREAS/CFO Trustee or director, Officer | 1 | $0 | $4,183,651 | $852,128 |
| SCOTT J POSECAI | DIRECTOR/PRES/CEO (END: 12/2023) Trustee or director, Officer | 1 | $0 | $1,687,086 | $184,304 |
| BEN B ADAMS MD | PHYSICIAN Highest-paid employee | 40 | $630,666 | $0 | $0 |
| MICHAEL A PREJEAN MD | PHYSICIAN Highest-paid employee | 40 | $586,923 | $0 | $19,800 |
| JARED M ROUSSEL MD | PHYSICIAN Highest-paid employee | 40 | $555,131 | $0 | $13,200 |
| BEDFORD NIEVES-CRUZ MD | PHYSICIAN Highest-paid employee | 40 | $459,578 | $0 | $19,800 |
| WILLARD T DALTON MD | PHYSICIAN Highest-paid employee | 40 | $335,500 | $0 | $19,800 |
| RUSSELL P HENRY MD | FORMER KEY EMPLOYEE Former | 40 | $265,843 | $0 | $10,634 |
990 for the year ended December 31, 2022: 8 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| PETER C NOVEMBER | DIRECTOR/SECRETARY/TREASURER Trustee or director, Officer | 1 | $0 | $3,923,201 | $30,750 |
| SCOTT J POSECAI | DIRECTOR/PRESIDENT Trustee or director, Officer | 1 | $0 | $2,445,735 | $32,723 |
| MICHAEL PREJEAN MD | PHYSICIAN Highest-paid employee | 40 | $507,785 | $0 | $36,433 |
| FRANCIS LEWIS MD | PHYSICIAN Highest-paid employee | 40 | $488,277 | $0 | $43,761 |
| BEDFORD NIEVES-CRUZ MD | PHYSICIAN Highest-paid employee | 40 | $435,758 | $0 | $64,915 |
| JARED M ROUSSEL MD | PHYSICIAN Highest-paid employee | 40 | $476,722 | $0 | $19,271 |
| WILLARD T DALTON MD | PHYSICIAN Highest-paid employee | 40 | $302,904 | $0 | $56,352 |
| RUSSELL P HENRY MD | FORMER KEY EMPLOYEE Former | 40 | $235,776 | $0 | $31,576 |
Address and contacts
- Address (IRS master file)
- 2801 VIA FORTUNA STE 500, AUSTIN, TX 78746-7573
- In care of
- % JEFF MACE BRINKER
- Principal officer (990 for 2024)
- MATTHEW BLOCK, 1514 JEFFERSON HWY BH 546, NEW ORLEANS, LA 70121
- Signed the 990
- MATTHEW BLOCK, PRESIDENT
- Phone
- (512) 899-3995
- Return prepared by
- ERNST & YOUNG US LLP
Mission
THERE IS NO BOARD ADOPTED MISSION STATEMENT.
Program accomplishments
- TERREBONNE PARISH HAS A SIGNIFICANT NEED FOR MEDICAL SERVICES FOR THE INDIGENT, INCLUDING THOSE WHO ARE ELIGIBLE TO PARTICIPATE IN THE MEDICAID PROGRAM. TO ACCOMPLISH ITS CHARITABLE PURPOSES, THE CORPORATION EMPLOYS PHYSICIANS PROVIDING PROFESSIONAL HEALTHCARE SERVICES FOR THE LOW-INCOME POPULATION. AS OF DECEMBER 2024, PAEON HEALTH SERVICES (PHS) EMPLOYED 51 PHYSICIANS, WHO SPECIALIZE IN AREAS SUCH AS ANESTHESIOLOGY, PATHOLOGY, PHYSICAL MEDICINE, AND NEONATOLOGY. PHS PHYSICIANS TREATED 12,838 PATIENTS IN 2024, OF WHICH 19% ARE MEDICAID PATIENTS AND 42% ARE MEDICARE PATIENTS.Expenses $19,487,164 · revenue $7,716,451
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 82-1064427
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2018
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Health care (E60)
- Assets (IRS master file)
- $2,313,611
- Income (IRS master file)
- $21,717,880
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $21,717,880 | $20,075,615 | $2,313,611 | XML |
| 990-T | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $12,900,954 | $13,105,052 | $667,111 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990 | December 2022 | $6,787,403 | $6,198,841 | $871,209 | XML |
| 990-T | December 2022 | – | – | – | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 82-1064427).
Questions about PAEON HEALTH SERVICES INC
- What is the EIN of PAEON HEALTH SERVICES INC?
- The employer identification number (EIN) of PAEON HEALTH SERVICES INC is 82-1064427.
- Is PAEON HEALTH SERVICES INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2018.
- Are donations to PAEON HEALTH SERVICES INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PAEON HEALTH SERVICES 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 PAEON HEALTH SERVICES INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PAEON HEALTH SERVICES INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of PAEON HEALTH SERVICES INC?
- The 990 for the year ended December 31, 2024 names MATTHEW BLOCK.
- Who are the officers and directors of PAEON HEALTH SERVICES INC?
- The 990 for the year ended December 31, 2024 lists 9 people; 6 received compensation from the organization.
- How much revenue does PAEON HEALTH SERVICES INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $21,717,880, expenses of $20,075,615 and total assets of $2,313,611 at year end.
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