Piedmont Newnan Hospital Inc
- Assets
- $317.2m
- Revenue
- $404.2m
- Investments
- $0.0
- Employees
- 1,555
- Location
- Newnan, GA
- Founding
- 08/2007
- Data as of
- 06/2022
- EIN
- 20-5077249
Organization Overview
Piedmont Newnan Hospital Inc is located in Newnan, GA. The organization was established in 2007. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. As of 06/2022, Piedmont Newnan Hospital Inc employed 1,555 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Piedmont Newnan Hospital Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Piedmont Newnan Hospital Inc generated $404.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.6% each year. All expenses for the organization totaled $338.2m during the year ending 06/2022. While expenses have increased by 6.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Piedmont Newnan Hospital Inc has awarded 16 individual grants totaling $212,123. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE COMPASSIONATE AND SUSTAINABLE HEALTHCARE IN A PROGRESSIVE ENVIRONMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PIEDMONT NEWNAN HOSPITAL ("PNH") IS A 167-BED FACILITY LOCATED IN NEWNAN, GEORGIA, AND IS THE SOLE GENERAL HOSPITAL PROVIDER IN COWETA COUNTY. OVER 400 PRIMARY CARE AND SPECIALTY PHYSICIANS ON THE MEDICAL STAFF MEET THE PROFESSIONAL CLINICAL NEEDS OF CHILDREN, ADULTS, AND SENIORS WITHIN THE CITY OF NEWNAN AND THE GREATER METROPOLITAN ATLANTA AREA, REGARDLESS OF ANY INDIVIDUAL'S ABILITY TO PAY FOR SERVICES. FOR THE YEAR ENDED JUNE 30, 2022, THE HOSPITAL HAD 11,431 IN-PATIENT ADMISSIONS WITH A TOTAL OF 56,544 DAYS OF IN-PATIENT HOSPITALIZATION. ER VISITS TOTALED 59,453 AND OUTPATIENT VISITS TOTALED 94,874. SURGICAL SERVICES WERE PROVIDED TO 8,537 PATIENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mr Thomas Arnold Treasurer/cfo Phc | Officer | 1 | $0 |
Ms Elizabeth Leddy Secretary/clo Phc | Officer | 1 | $0 |
Mr Michael Mcander Former Treasurer/cfo Phc | Officer | 0 | $0 |
Mr Mike Robertson CEO & Board Member/chair | OfficerTrustee | 55 | $778,675 |
Dr Eric Mitchell Board Member | Trustee | 1 | $0 |
Dr Shankar Kandaswamy Board Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Medical Solutions Llc Staffing Services | 6/29/22 | $4,098,659 |
Size Wise Rentals Medical Equip Rental | 6/29/22 | $435,574 |
Brasfield And Gorrie Llc General Contracting | 6/29/22 | $934,048 |
Pediatrix Medical Group Of Ga Pediatrics | 6/29/22 | $387,231 |
Neogenomics Laboratories Inc Lab Services | 6/29/22 | $290,936 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,549,656 |
| All other contributions, gifts, grants, and similar amounts not included above | $12,849 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,562,505 |
| Total Program Service Revenue | $399,585,199 |
| Investment income | $16 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $731,370 |
| Net Gain/Loss on Asset Sales | $108,469 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $114,186 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $404,193,742 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $59,300 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,593,459 |
| Compensation of current officers, directors, key employees. | $191,215 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $88,245,607 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $14,461,975 |
| Payroll taxes | $5,620,357 |
| Fees for services: Management | $178,886 |
| Fees for services: Legal | $19,048 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $28,697,957 |
| Advertising and promotion | $79,121 |
| Office expenses | $16,098,595 |
| Information technology | $3,982,188 |
| Royalties | $0 |
| Occupancy | $6,082,232 |
| Travel | $14,111 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,550 |
| Interest | $5,637,627 |
| Payments to affiliates | $7,640,113 |
| Depreciation, depletion, and amortization | $11,163,763 |
| Insurance | $2,526,481 |
| All other expenses | $0 |
| Total functional expenses | $338,191,677 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,450 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $46,636 |
| Accounts receivable, net | $101,359,780 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $5,837,603 |
| Prepaid expenses and deferred charges | $2,065,166 |
| Net Land, buildings, and equipment | $204,743,002 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $3,187,015 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $317,241,652 |
| Accounts payable and accrued expenses | $28,303,836 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $100,750,283 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $96,850,597 |
| Total liabilities | $225,904,716 |
| Net assets without donor restrictions | $89,919,341 |
| Net assets with donor restrictions | $1,417,595 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $317,241,652 |
Grants Awarded
Over the last fiscal year, Piedmont Newnan Hospital Inc has awarded $34,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
COWETA COMMUNITY FOUNDATION PURPOSE: PROGRAM SUPPORT | $25,000 |
COWETA SAMARITAN CLINIC PURPOSE: PROGRAM SUPPORT | $9,000 |