ANMED HEALTH SYSTEM

EIN: 570817544 501(c)(3) Health Care

Anderson, SC

Total Revenue
$6,754
Total Expenses
$105,993
Total Assets
$921,810,859
Net Assets
$921,631,344
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1986
Legal Domicile
SC
Phone
8645121000
Tax Period
2023-01-01 to 2023-12-31

ANMED HEALTH SYSTEM, founded in 1986, is a micro nonprofit in the Health Care sector that reported $7K in total revenue in fiscal year 2023. Expenses of $106K exceeded revenue, resulting in a 1469% operating deficit.

Mission

TO BUILD RELATIONSHIPS AND EDUCATE TO INSPIRE PHILANTHROPIC GIVING TO FINANCIALLY SUPPORT PROGRAMS AND SERVICES THAT ENABLE ANMED HEALTH TO OPTIMIZE THE HEALTH OF OUR PATIENTS, STAFF, AND COMMUNITY.

Program Service Accomplishments

Program 1
Expenses: $53

ANMED HEALTH SYSTEM PROVIDES FINANCIAL SUPPORT FOR ANMED HEALTH, AN ELEEMOSYNARY CORPORATION WHICH OWNS AND OPERATES HEALTH CARE PROVIDING ORGANIZATIONS IN UPSTATE SOUTH CAROLINA. THE SYSTEM IS THE...

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ANMED HEALTH SYSTEM PROVIDES FINANCIAL SUPPORT FOR ANMED HEALTH, AN ELEEMOSYNARY CORPORATION WHICH OWNS AND OPERATES HEALTH CARE PROVIDING ORGANIZATIONS IN UPSTATE SOUTH CAROLINA. THE SYSTEM IS THE SOLE MEMBER OF ANMED HEALTH, AND OPERATES TO DISCHARGE ITS DUTIES AS SAID SOLE MEMBER IN ACCORDANCE WITH THE BYLAWS OF ANMED HEALTH. PLEASE SEE SCHEDULE O FOR A CONTINUATION OF THE PROGRAM SERVICE ACCOMPLISHMENTS. AnMed Health is a healthcare system providing a full range of acute care services for medical, surgical, pediatric, obstetric, psychiatric, substance abuse and rehabilitation patients, as well as specialized care in its intensive care and coronary care units. To support these inpatient services, AnMed Health offers a normal complement of diagnostic and ancillary services. Two separately licensed facilities are operated by AnMed Health: 1) AnMed Health Medical Center is a 461 bed facility that offers the latest in medical and surgical services. A medical staff of over 400 physicians provides high quality care to the patients at the medical center. Open heart surgery, vascular surgery, general surgery, emergency/trauma medicine, a neurological/stroke center, the latest in diagnostic MRI, CT and laboratory medicine are available. 2) AnMed Health Women's and Children's hospital is a 72 bed all-private room facility offering inpatient care for labor/delivery, women's elective surgery and children. This hospital includes dedicated units for labor/delivery, mother/baby, women's elective surgery and pediatrics. On the first floor, physician's offices, a learning center, cafe, community meeting rooms and retail shops make visitors feel welcome with a wealth of resources. To support these inpatient services, AnMed Health offers a normal complement of diagnostic and ancillary services. Additionally, AnMed Health offers outpatient services at D.K. Oglesby Center at the AnMed Health North Campus and has several clinics located in Anderson, Iva, Clemson, Honea Path, Pendleton, Piedmont, Williamston and Wren, South Carolina and in Hartwell, Georgia.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $6,754
Other Revenue $0
TOTAL REVENUE $6,754

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $53
Other Expenses $105,993
TOTAL EXPENSES $105,993

Year-over-Year Comparison

2023 2022 Change
Revenue $6,754 N/A N/A
Expenses $105,993 $34,620 +2.1%
Net Income $-99,239 $-34,620 +1.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
14
Independent Members
11
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$2,727,257
Total Directors
15
$1,122,602
Key Employees
3
$2,152,639
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Charles Thornton Jr Board Member 1.0
Director
$0 $0 $0
Clark Anderson Board Member 1.0
Director
$0 $0 $0
Dr Chris Przirembel Board Member 1.0
Director
$0 $0 $0
Dr Matt Elliott Director / Physician / Ex-Officio 1.0
Director
$0 $0 $0
Dr Syed Malik Director / Physician / Ex-Officio 1.0
Director
$0 $43,654 $770,407
Dr Whitaker Evans Board Member 1.0
Director
$0 $0 $0
Emily DeRoberts Board Member 1.0
Director
$0 $0 $0
Galen DeHay Board Member 1.0
Director
$0 $0 $0
George Acker Chair 1.0
Director
$0 $0 $0
James T Boseman Board Member 1.0
Director
$0 $0 $0
Leander Cannick Board Member 1.0
Director
$0 $0 $0
Maril Yeske Ex-Officio 1.0
Director
$0 $0 $0
Melody Franks Ex-Officio 1.0
Director
$0 $79,976 $352,195
Peter Zervos Board Member 1.0
Director
$0 $0 $0
Terence Roberts Past Chair 1.0
Director
$0 $0 $0
Christine Pearson Chief Financial Officer 1.0
Officer
$0 $291,980 $944,387
William Kenley President/CEO 4.0
Officer
$0 $621,785 $1,782,870
Dr Brad Mock Chief Physician Executive 1.0
Key Emp
$0 $289,037 $901,976
Scott Weiskittel Chief Hospital Officer 1.0
Key Emp
$0 $226,086 $660,425
Shaunda Trotter VP CNO 1.0
Key Emp
$0 $169,620 $590,238
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $6,754 $105,993 $921,810,859 $-99,239
2022 No data $34,620 $794,055,345 No data
2021 No data $34,356 $880,168,024 No data
2020 No data $32,847 $758,969,848 No data
2019 No data $32,130 $682,088,551 No data
2018 No data $31,057 $576,529,138 No data
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