THE WRIGHT CENTER FOR GRADUATE MEDICAL EDUCATION

Financials

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.

Address and contacts

Address (IRS master file)

501 S WASHINGTON AVE STE 1000, SCRANTON, PA 18505-3805

In care of

% SANDRA YASTREMSKI CFO

Principal officer (990 for 2024)

LINDA THOMAS-HEMAK MD, 501 S Washington Avenue STE 1000, Scranton, PA 18505

Signed the 990

LINDA THOMAS-HEMAK, President

Phone

(570) 343-2383

Website

THEWRIGHTCENTER.ORG

Return prepared by

Forvis Mazars LLP

Mission

(SEE ON SCHEDULE O)

Program accomplishments

• TEACHING HEALTH CENTER GRADUATE MEDICAL EDUCATION (THCGME) FUNDING: A COMMUNITY-BASED AND GOVERNED, PHYSICIAN-LED, 501(C)(3) NONPROFIT ORGANIZATION, TWCGME IS AN ANCHORING EDUCATIONAL MEMBER OF A GRADUATE MEDICAL EDUCATION SAFETY-NET CONSORTIUM (GME-SNC) STRIVING TO ADDRESS OUR NATION'S PRIMARY CARE PHYSICIAN SHORTAGE AND MIS-DISTRIBUTION, AND RELATED HEALTH, HEALTH CARE, AND HEALTH CAREER ACCESS NEEDS AND CHALLENGES. TWCGME'S MISSION IS TO IMPROVE THE HEALTH AND WELFARE OF OUR COMMUNITIES THROUGH RESPONSIVE, WHOLE-PERSON HEALTH SERVICES FOR ALL AND THE SUSTAINABLE RENEWAL OF AN INSPIRED, COMPETENT WORKFORCE THAT IS PRIVILEGED TO SERVE. TWCGME, AN INDEPENDENT NONPROFIT SPONSORING INSTITUTION ACCREDITED BY THE ACCREDITATION COUNCIL FOR GRADUATE MEDICAL EDUCATION (ACGME), TRAINS NEARLY 200 MEDICAL RESIDENTS AND FELLOWS EACH YEAR THROUGH ITS UNIQUE GRADUATE MEDICAL EDUCATION SAFETY-NET CONSORTIUM (GME-SNC), WHICH IS FUNDED BY THREE FEDERAL GME FUNDING AGENCIES (HRSA, AFFILIATED HOSPITAL AND INPATIENT REHABILITATION FACILITY PARTNERS WHO RECEIVE REIMBURSEMENT FROM CMS, AND THE VA). OUR OPERATIONS ARE SUPPORTED BY AN ENRICHED COMMUNITY RESOURCE NETWORK OF MULTIPLE HEALTH CARE ORGANIZATIONS THAT PROVIDE CLINICAL LEARNING ENVIRONMENTS FOR RESIDENTS/FELLOWS, WHO HAVE ALREADY GRADUATED FROM MEDICAL SCHOOL AND JOINED TWCGME TO COMPLETE POSTGRADUATE CLINICAL AND EDUCATIONAL TRAINING THAT MAKES THEM ELIGIBLE FOR INDEPENDENT PRACTICE AND TO SIT FOR BOARD-CERTIFYING EXAMINATIONS WITH THE AMERICAN BOARD OF MEDICAL SPECIALITIES AND/OR THE AMERICAN OSTEOPATHIC ASSOCIATION. TWCGME'S RESIDENCY AND FELLOWSHIP PROGRAMS ARE STRATEGICALLY DESIGNED TO RESPOND TO PRIMARY CARE AND PUBLIC HEALTH WORKFORCE NEEDS, WHILE EMPOWERING LEARNERS AS INNOVATORS AND NIMBLE PUBLIC HEALTH SERVANT LEADERS WHO RESPOND TO THE NEEDS OF THE LOCAL COMMUNITIES THEY SERVE BOTH IN TWCCH'S FQHC LOOK-ALIKE AND RYAN WHITE CLINICS AND IN PARTNERING HOSPITALS AND SPECIALTY OFFICES THROUGHOUT LACKAWANNA, LUZERNE, WAYNE, AND WYOMING COUNTIES IN NORTHEAST PENNSYLVANIA. RESIDENT PHYSICIANS IN OUR PIONEERING NATIONAL FAMILY MEDICINE RESIDENCY PROGRAM RESPOND SIMILARLY TO THE NEEDS OF THEIR FQHC-BASED CLINICAL LEARNING NETWORKS AND SURROUNDING COMMUNITIES IN WASHINGTON DC, HILLSBORO, OHIO, TUCSON, ARIZONA, AND SEATTLE, WASHINGTON. DURING THE COVERED PERIOD, TWCGME'S FAMILY MEDICINE AND INTERNAL MEDICINE RESIDENCY PROGRAMS AND THE GERIATRIC MEDICINE FELLOWSHIP PROGRAM WERE WHOLLY OR PARTIALLY FUNDED BY HRSA THROUGH THE TEACHING HEALTH CENTER GRADUATE MEDICAL EDUCATION (THCGME) PROGRAM, WHICH FUNDS PRIMARY CARE MEDICAL AND DENTAL RESIDENCY AND FELLOWSHIP PROGRAMS. THESE HRSA-FUNDED THCGME PROGRAMS OFFER AMPLE OPPORTUNITIES FOR PHYSICIAN TRAINEES TO BE IMMERSED IN FEDERALLY QUALIFIED HEALTH CENTERS (FQHCS) AND FQHC LOOK-ALIKES (FQHC-LALS) AS ESSENTIAL COMMUNITY PROVIDERS, PRIMARY CARE AMBULATORY CLINICAL LEARNING ENVIRONMENTS. AS ONE OF THE LARGEST HRSA-FUNDED THC GME-SNCS, TWCGME PROUDLY ENGAGED EACH FQHC AND FQHC-LAL PARTNER AS AN EMPOWERING VOICE ON OUR GOVERNING BOARD OF DIRECTORS. TWCGME'S CLINICAL LEARNING ENVIRONMENT PARTNERING CLINICAL EDUCATIONAL SITES INCLUDE TWCCH'S CLINICAL LOCATIONS ACROSS NORTHEAST PENNSYLVANIA, HEALTHSOURCE OF OHIO IN NEW RICHMOND AND HILLSBORO, OH, EL RIO HEALTH IN TUCSON, AZ, HEALTHPOINT IN AUBURN, WA, AND UNITY HEALTH CARE IN WASHINGTON, D.C. THESE HEALTH CENTERS SHARE A PRIMARY CARE AND PUBLIC HEALTH-ORIENTED PARTNERSHIP NOT ONLY WITH TWCGME BUT ALSO WITH THE NATIONAL ASSOCIATION OF COMMUNITY HEALTH CENTERS, A.T. STILL UNIVERSITY SCHOOL OF OSTEOPATHIC MEDICINE IN ARIZONA (ATSU-SOMA), AND ITS CENTRAL COAST PHYSICIAN ASSISTANT PROGRAM (ATSU-CCPAP). THESE MISSION-DRIVEN COLLABORATORS PASSIONATELY SUPPORT AND ENGAGE IN ATSU'S HOMETOWN SCHOLAR PIPELINE PROGRAMS, STRIVING TO ENHANCE THE CONGRUENCE OF THE PHYSICIAN WORKFORCE WITH THE POPULATION SERVED BY RECRUITING FROM, RETAINING IN, AND THEREBY RESTORING THE PRIMARY CARE HEALTH WORKFORCE, ESSENTIAL COMMUNITY PROVIDERS OF PRIMARY HEALTH SERVICES, AND THE COMMUNITIES THEY SERVE.
  Expenses $12,556,943
• CMS AND VA FUNDING FOR GRADUATE MEDICAL EDUCATION: AS A COMMUNITY-BASED, PHYSICIAN-LED NONPROFIT ORGANIZATION STRIVING TO ADDRESS OUR NATION'S PRIMARY CARE PHYSICIAN SHORTAGE AND RELATED HEALTH, HEALTH CARE, AND HEALTH CARE CAREER ACCESS NEEDS AND CHALLENGES, TWCGME IS A 501(C)(3) NONPROFIT CORPORATION AND ANCHORING MEMBER OF A GRADUATE MEDICAL EDUCATION SAFETY-NET CONSORTIUM (GME-SNC) THAT, DURING THE REPORTING PERIOD, SERVED AS THE INDEPENDENT ACGME-ACCREDITED SPONSORING INSTITUTION OF RESIDENCY PROGRAMS IN INTERNAL MEDICINE, FAMILY MEDICINE, AND PHYSICAL MEDICINE & REHABILITATION (PM&R), FELLOWSHIP PROGRAMS IN GERIATRICS, CARDIOVASCULAR DISEASE, AND GASTROENTEROLOGY, AND AN INTERNAL MEDICINE-GERIATRICS INTEGRATED RESIDENCY AND FELLOWSHIP PATHWAY, COMMONLY KNOWN AS THE COMBINED MED-GERI PATHWAY. IN NORTHEAST PENNSYLVANIA, TWCGME'S RESIDENT AND FELLOW PHYSICIAN LEARNERS TRAIN EXPERIENTIALLY IN REGIONAL HOSPITALS OWNED AND OPERATED BY COMMONWEALTH HEALTH SYSTEMS, GEISINGER HEALTH SYSTEM, AND THE VETERANS AFFAIRS ADMINISTRATION THROUGH ITS WILKES BARRE FACILITY, AS WELL AS ALLIED SERVICES AND JOHN HEINZ INPATIENT REHABILITATION FACILITIES (IRF) AND THEIR INTEGRATED DELIVERY SYSTEM THAT INCLUDES TRANSITIONAL REHABILITATION, SKILLED NURSING, INPATIENT HOSPICE, AND ASSISTED LIVING FACILITIES. TWCGME'S INTERNAL MEDICINE AND FAMILY MEDICINE RESIDENCY PROGRAMS WERE PARTIALLY FUNDED BY THE HRSA TEACHING HEALTH CENTER GME PROGRAM AS DESCRIBED IN LINE 4A ABOVE; TWCGME'S NATIONAL FAMILY MEDICINE RESIDENCY PROGRAM AND GERIATRICS FELLOWSHIP WERE WHOLLY FUNDED BY HRSA'S TEACHING HEALTH CENTER GME PROGRAM AND RECEIVED NO RESOURCES FROM CMS GME AFFILIATES OR THE WILKES BARRE VETERANS AFFAIRS MEDICAL CENTER (WBVAMC). GME FUNDING FOR THE INTERNAL MEDICINE RESIDENCY, AS WELL AS THE GASTROENTEROLOGY AND CARDIOVASCULAR DISEASE FELLOWSHIPS, WAS PROVIDED TO TWCGME DIRECTLY BY THE WBVAMC AND THROUGH CMS-FUNDED HOSPITALS VIA AFFILIATION AGREEMENTS. GME FUNDING FOR THE PHYSICAL MEDICINE & REHABILITATION RESIDENCY WAS PROVIDED TO TWCGME THROUGH CMS-FUNDED ACUTE AND IRF HOSPITALS VIA AFFILIATION AGREEMENTS. THE GME-SNC TRACKS AND METICULOUSLY REPORTS ROTATIONALLY RECONCILED FTES BY PROGRAM ACROSS SPECIFIED FEDERAL GME COST CENTERS.
  Expenses $9,653,243 · revenue $12,473,623
• GRANTS: TWCGME IS A NONPROFIT, TAX-EXEMPT 501(C)(3) THAT PASSIONATELY APPLIES FOR MISSION-ALIGNED AND MISSION-AMPLIFYING FEDERAL, STATE, LOCAL, AND PHILANTHROPIC AGENCIES' GRANT FUNDING INITIATIVES AS NEEDED AND APPROPRIATE TO ENSURE, ACCELERATE, AND FURTHER THE DELIVERY OF OUR MISSION TO IMPROVE THE HEALTH AND WELFARE OF OUR COMMUNITIES THROUGH RESPONSIVE, WHOLE PERSON HEALTH SERVICES FOR ALL AND THE SUSTAINABLE RENEWAL OF AN INSPIRED, COMPETENT WORKFORCE THAT IS PRIVILEGED TO SERVE. WE VET ALL POTENTIAL MISSION-ALIGNED GRANT INITIATIVES FOR COMMUNITY HEALTH NEEDS-RESPONSIVENESS AND COMMUNITY BENEFIT IMPACT, AS WELL AS FEASIBILITY, OUTCOMES ACHIEVABILITY, AND SUSTAINABILITY. WITH A FERVENT COMMITMENT TO AUTHENTICITY AND THE HIGHEST STEWARDSHIP INTEGRITY AND ACCOUNTABILITY STANDARDS, THROUGH ACTIVE PARTNERSHIPS WITH A WIDE VARIETY OF LOCAL, REGIONAL, STATE, AND NATIONAL FUNDERS, WE STRIVE TO: PROMOTE UNPRECEDENTED, HIGH-IMPACT, CROSS-ORGANIZATIONAL COLLABORATION; FOSTER SHARED PURPOSE AND ACCOUNTABILITY AND MUTUALLY REINFORCING COLLECTIVE IMPACT-ORIENTED ACTION STRATEGIES; AND DEMONSTRATE TRUSTED TRANSFORMATIONAL STEWARDSHIP OF PUBLIC RESOURCES TO ADDRESS COMMUNITY HEALTH NEEDS AND PROMOTE THE HEALTH AND WELFARE OF COMMUNITIES SERVED. THE FOLLOWING DETAILED INFORMATION ON MATERIAL GRANT-FUNDED PROGRAMS SUPPORTS THOSE GRANTS LISTED ON SCHEDULE B, EXCEPT FOR THE TEACHING HEALTH CENTER GRADUATE MEDICAL EDUCATION FUNDING DESCRIBED ON LINE 4A AND RELATED ORGANIZATION CONTRIBUTIONS: HEALTH RESOURCES AND SERVICES ADMINISTRATION (HRSA) - TEACHING HEALTH CENTER PLANNING AND DEVELOPMENT: OBSTETRICS & GYNECOLOGY RESIDENCY PROGRAM (TOTAL: $201,015) PURPOSE OF ASSISTANCE: THE U.S. HEALTH RESOURCES AND SERVICES ADMINISTRATION (HRSA) AWARDED FUNDING TO THE WRIGHT CENTER FOR GRADUATE MEDICAL EDUCATION (TWCGME) THROUGH THE TEACHING HEALTH CENTER PLANNING AND DEVELOPMENT PROGRAM TO ESTABLISH A NEW COMMUNITY-BASED RESIDENCY PROGRAM. THE PROGRAM WILL BE ACCREDITED BY THE ACCREDITATION COUNCIL FOR GRADUATE MEDICAL EDUCATION (ACGME) AND AFFILIATED WITH THE WRIGHT CENTER FOR COMMUNITY HEALTH (TWCCH). GRANT FUNDS WILL SUPPORT THE DEVELOPMENT OF A NEW COMMUNITY-BASED OBSTETRICS AND GYNECOLOGY RESIDENCY PROGRAM IN A REGION WITH LIMITED ACCESS TO PRIMARY CARE, OB-GYN SERVICES, AND RELATED WORKFORCE TRAINING PROGRAMS. THIS INITIATIVE ALIGNS WITH THE ORGANIZATION'S MISSION TO IMPROVE THE HEALTH AND WELFARE OF OUR COMMUNITIES THROUGH RESPONSIVE, WHOLE-PERSON HEALTH SERVICES FOR ALL AND THE SUSTAINABLE RENEWAL OF AN INSPIRED, COMPETENT WORKFORCE THAT IS PRIVILEGED TO SERVE.
  Expenses $1,864,039 · grants $541,654
• OTHER - COMMON PAYMASTER: IN ACCORDANCE WITH IRS REGULATIONS, TWCGME ACTS AS THE COMMON PAYMASTER FOR ITS PRIMARY AFFILIATE, THE WRIGHT CENTER FOR COMMUNITY HEALTH (TWCCH), A FEDERALLY QUALIFIED HEALTH CENTER LOOK-ALIKE. TO OPERATIONALIZE THIS COMMON PAYMASTER FUNCTION, TWCGME AND TWCCH HAVE ESTABLISHED SHARED MISSION-DRIVEN COVENANTS AND STAFFING LEASE AGREEMENTS TO PROVIDE VARIOUS SERVICES. TWCCH COMPENSATED TWCGME THROUGH INTERCOMPANY ALLOCATION METHODOLOGIES FOR THESE SERVICES, INCLUDING CLINICAL, EXECUTIVE, ADMINISTRATIVE, AND BACK-OFFICE SUPPORT, COVERING HUMAN RESOURCES, INFORMATION TECHNOLOGY, MARKETING AND COMMUNICATIONS, FINANCE, BILLING, GRANTS, GOVERNANCE SUPPORT, GOVERNMENT RELATIONS, LEGAL, AND OTHER RELATED SERVICES. THE REVENUE RECORDED FOR THESE SUPPORT SERVICES, AS PERFORMED BY TWCGME ON BEHALF OF TWCCH, IS REPRESENTED ON LINE 2B OF THE STATEMENT OF REVENUE ($7,663,328). IN OPERATIONALIZING THE COMMON PAYMASTER FUNCTIONALITY, TWCGME HAS ENTERED INTO STAFFING LEASE AGREEMENTS WITH TWCCH FOR THE PROVISION OF CERTAIN ADMINISTRATIVE AND EXECUTIVE SERVICES. THIS CONSOLIDATED PAYROLL SYSTEM COVERS ALL EMPLOYEES EXCEPT FOR TWCCH'S PRESIDENT AND CHIEF EXECUTIVE OFFICER, CHIEF STRATEGY AND OPERATIONS OFFICER, CHIEF MEDICAL OFFICER, AND CHIEF CLINICAL OPERATING OFFICER, WHO ARE DIRECTLY EMPLOYED BY TWCCH. THE SERVICES OF TWCCH'S CHIEF EXECUTIVE AND SVP AND ENTERPRISE CHIEF OPERATIONS AND STRATEGY OFFICER ARE CONTRACTED FOR SERVICES AS KEY EMPLOYEES/EXECUTIVES OF TWCGME IN THE POSITIONS OF PRESIDENT AND CEO AND SVP AND ENTERPRISE CHIEF OPERATIONS AND STRATEGY OFFICER, RESPECTIVELY. TWCGME REPORTS ALL REMAINING EMPLOYEES ON ITS FORM W-3. THEREFORE, ALL FULL-TIME EQUIVALENTS (FTES) ARE ACCURATELY ALLOCATED TO EACH RESPECTIVE ENTITY, AVOIDING DUPLICATION, UNDER A SHARED MISSION COVENANT AND RELATED STAFFING LEASE AGREEMENTS. TWCCH REIMBURSED TWCGME FOR THESE SERVICES THROUGH WELL-VALIDATED FTE-BASED INTERCOMPANY ALLOCATION METHODOLOGIES. THROUGH THESE SHARED MISSION-DRIVEN STAFFING LEASE AGREEMENTS, TWCCH LEASES CLINICAL STAFF, MANAGEMENT SERVICES, AND BACK-OFFICE SUPPORT SERVICES FROM TWCGME, INCLUDING, BUT NOT LIMITED TO, HUMAN RESOURCES, INFORMATION TECHNOLOGY, MARKETING AND COMMUNICATIONS, FINANCE, GRANTS, GOVERNANCE SUPPORT, GOVERNMENTAL RELATIONS, LEGAL, AND OTHER ADMINISTRATIVE SUPPORT SERVICES. THE COSTS ASSOCIATED WITH THIS REVENUE, IN ADDITION TO COSTS SUPPORTING TWCGME MANAGEMENT AND GENERAL EXPENSES, ARE RECORDED AS MANAGEMENT AND GENERAL EXPENSES ON TWCGME'S FORM 990, SECTION IX (STATEMENT OF FUNCTIONAL EXPENSES), COLUMN C. OTHER - OFFICE OF RESEARCH SUPPORT AND COMPLIANCE: TWCGME FACILITATES OPPORTUNITIES FOR TRAINEES, STAFF, AND FACULTY TO PARTICIPATE IN COMMUNITY-ORIENTED PRIMARY CARE SCHOLARLY ACTIVITY AND RESEARCH, CONTINGENT UPON FUNDING AVAILABILITY. DURING THE COVERED PERIOD, TWO STAFF MEMBERS SUPPORTED THIS DEPARTMENT, COLLABORATING WITH ONE RESIDENT PHYSICIAN PROGRAM CHIEF AND TWO RESIDENT PHYSICIAN LEADERS TO ADVANCE SCHOLARLY ACTIVITY, WHICH IS SUBSEQUENTLY REPORTED TO THE ACGME TO FULFILL TRAINING PROGRAM AND SPONSORING INSTITUTIONAL ACCREDITATION REQUIREMENTS. FURTHERMORE, TWCGME OPERATES AN INSTITUTIONAL REVIEW BOARD (IRB). THE IRB'S MISSION IS TO SAFEGUARD THE RIGHTS, WELFARE, AND INFORMED PARTICIPATION OF HUMAN SUBJECTS INVOLVED IN RESEARCH CONDUCTED WITHIN TWCGME EDUCATIONAL OR TWCCH CLINICAL LEARNING ENVIRONMENTS, PARTNER ORGANIZATIONS' CLINICAL SETTINGS, OR BY TWCGME RESIDENTS, FELLOWS, AND FACULTY IN THE COMMUNITIES SERVED. THE IRB COMPRISES PHYSICIANS, EDUCATORS, ACADEMIC AND CLINICAL RESEARCH EXPERTS, AND COMMUNITY MEMBERS.
  Expenses $1,762,728 · grants $1,633,926 · revenue $9,436,716

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.

IRS record

EIN

23-2007832

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

1976

Accounting year ends

June

Files

Form 990 or 990-EZ

Category (NTEE)

Voluntary health associations and medical disciplines (G95Z)

Assets (IRS master file)

$38,277,002

Income (IRS master file)

$50,260,124

Filing history

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 23-2007832).

Questions about THE WRIGHT CENTER FOR GRADUATE MEDICAL EDUCATION

What is the EIN of THE WRIGHT CENTER FOR GRADUATE MEDICAL EDUCATION?

The employer identification number (EIN) of THE WRIGHT CENTER FOR GRADUATE MEDICAL EDUCATION is 23-2007832.

Is THE WRIGHT CENTER FOR GRADUATE MEDICAL EDUCATION tax-exempt?

Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1976.

Are donations to THE WRIGHT CENTER FOR GRADUATE MEDICAL EDUCATION tax-deductible?

Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).

Which annual return does THE WRIGHT CENTER FOR GRADUATE MEDICAL EDUCATION 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 THE WRIGHT CENTER FOR GRADUATE MEDICAL EDUCATION 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 THE WRIGHT CENTER FOR GRADUATE MEDICAL EDUCATION 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 THE WRIGHT CENTER FOR GRADUATE MEDICAL EDUCATION?

The 990 for the year ended June 30, 2025 names LINDA THOMAS-HEMAK MD.

Who are the officers and directors of THE WRIGHT CENTER FOR GRADUATE MEDICAL EDUCATION?

The 990 for the year ended June 30, 2025 lists 38 people; 17 received compensation from the organization, the highest $265,914 (LINDA THOMAS-HEMAK MD, PRESIDENT & CEO).

How much revenue does THE WRIGHT CENTER FOR GRADUATE MEDICAL EDUCATION have?

On its 990 for the year ended June 30, 2025 it reported revenue of $42,836,185, expenses of $42,209,528 and total assets of $38,277,002 at year end.

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