UPMC's statement on IRS Form 990 filings
In accordance with rules established by the Internal Revenue Service for certain federally tax-exempt organizations, UPMC has filed its Form 990s for the fiscal year ended June 30, 2006. These filings provide information on UPMC’s mission, programs, and financial condition.
To provide greater transparency and clarity, UPMC has filed consolidated Form 990s for the 2006 fiscal year. It has submitted one group return for 34 entities, along with a parent return based on IRS regulations. This consolidated approach is designed to improve the understanding of UPMC’s operations and the relationship among its various entities. Read more
What is a Form 990?
This annual filing is required by the Internal Revenue Service for certain organizations that are exempt from federal income taxes because they pursue charitable, educational, or religious purposes.
The Form 990 provides the public with an understanding of a non-profit’s mission; details of its financial condition, including sources of income and a breakdown of expenses; the compensation of its top employees, and other relevant information. Government agencies, including the IRS and state charity regulators, use these reports to help enforce the laws that govern non-profits.
What’s New This Year?
To provide greater transparency and more clarity about its operations, UPMC this year has consolidated its 990 filings and is making them available through its website.
Reinvesting in the Community
The Form 990s filed with the Internal Revenue Service for UPMC reflect only a small part of this dynamic organization and its significant contributions to western Pennsylvania. As a non-profit, all of UPMC’s excess margin is reinvested in serving the needs of the community. Read more about the many ways that UPMC is fulfilling its mission.
View PDF of Form 990s