PIEDMONT ATHENS REGIONAL MEDICAL CENTER INC

EIN: 582179986 501(c)(3)

ATHENS, GA

Total Revenue
$774,002,893
Total Expenses
$684,307,461
Total Assets
$638,876,498
Net Assets
$347,012,587
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Financial Trends

Organization Details

Formation Year
1987
Legal Domicile
GA
Principal Officer
MR J MICHAEL BURNETT
Phone
7064757000
Tax Period
2022-07-01 to 2023-06-30

PIEDMONT ATHENS REGIONAL MEDICAL CENTER INC is a 501(c)(3) with EIN 582179986, based in ATHENS, GA. Founded in 1987, the organization files IRS Form 990 and reported its most recent data for fiscal year 2022. In that period, it reported $774,002,893 in total revenue and $684,307,461 in total expenses, with net assets of $347,012,587.

Mission

PROVISION OF HEALTHCARE SERVICES.

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Trantor Score

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

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $747,281,090
Investment Income $399,289
Other Revenue $26,322,514
TOTAL REVENUE $774,002,893

Expense Breakdown

Grants Paid $534,289
Salaries & Benefits $263,134,777
Fundraising Expenses $0
Program Expenses $626,771,830
Other Expenses $420,638,395
TOTAL EXPENSES $684,307,461

Year-over-Year Comparison

2022 2021 Change
Revenue $774,002,893 $694,294,485 +0.1%
Expenses $684,307,461 $599,463,130 +0.1%
Net Income $89,695,432 $94,831,355 -0.1%
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Governance

Voting Members
13
Independent Members
7
Employees
3509
Volunteers
700

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
4
$4,063,939
Total Directors
13
$6,739,293
Key Employees
2
$1,011,193
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MR KEVIN BROWN BOARD MEMBER 1.0
Director
$0 $423,467 $3,608,546
Mr Michael Mandl Board Member 1.0
Director
$0 $196,054 $1,776,652
Ms Elizabeth Leddy SECRETARY/CLO PHC 1.0
Officer
$0 $138,711 $1,528,196
Mr Thomas Arnold TREASURER/CFO PHC 1.0
Officer
$0 $130,741 $1,304,185
Mr J Michael Burnett CEO 47.0
Officer Director
$1,047,303 $128,961 $1,176,264
Ms Wendy Cook CFO 55.0
Key Emp
$534,983 $39,774 $574,757
DR BASILIO ADDO PHYSICIAN 40.0
Highest
$532,530 $36,780 $569,310
Mr Jason Smith COO 55.0
Key Emp
$402,745 $33,691 $436,436
Ms Tamara Jackson CNO 40.0
Highest
$422,761 $4,484 $427,245
Mr Robert Sinyard VP MEDICAL AFFAIRS 40.0
Highest
$377,831 $26,206 $404,037
Dr Catherine Apaloo FACULTY PROGRAM DIRECTOR 40.0
Highest
$360,443 $34,497 $394,940
Dr James Appiah-Pippim Director, Residency Program 40.0
Highest
$356,122 $28,041 $384,163
Mr Michael McAnder FORMER TREASURER/CFO PHC 0.0
$0 $0 $150,106
Dr Carolann Eisenhart Board Member 1.0
Director
$85,080 $0 $85,080
Dr David Sailors Board Member/CHAIR 1.0
Officer Director
$52,800 $0 $55,294
DR KELLY GROW BOARD MEMBER 1.0
Director
$37,457 $0 $37,457
Ms Cheryl Legette Board Member/VICE CHAIR 1.0
Director
$0 $0 $0
Ms Kim Ripps Board Member 1.0
Director
$0 $0 $0
Dr Samuel K Thomason Board Member 1.0
Director
$0 $0 $0
Mr Tony Townley Board Member 1.0
Director
$0 $0 $0
MR ALAN REDDISH BOARD MEMBER 1.0
Director
$0 $0 $0
MR PHILLIP E BETTENDORF BOARD MEMBER 1.0
Director
$0 $0 $0
MR ROSWELL LAWRENCE JR BOARD MEMBER 1.0
Director
$0 $0 $0
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 $774,002,893 $684,307,461 $638,876,498 $89,695,432
2022 $694,294,485 $599,463,130 $698,560,187 $94,831,355
2021 $586,558,385 $520,977,482 $481,881,509 $65,580,903
2020 $502,152,951 $491,937,131 $420,292,220 $10,215,820
2019 $517,075,303 $538,228,109 $397,504,662 $-21,152,806
2018 $505,665,280 $471,283,910 $449,453,423 $34,381,370
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