Adventist Healthcare Inc is located in Gaithersburg, MD. As of 12/2021, Adventist Healthcare Inc employed 7,249 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Adventist Healthcare 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 12/2021, Adventist Healthcare Inc generated $967.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.9% each year. All expenses for the organization totaled $926.6m during the year ending 12/2021. While expenses have increased by 6.1% 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 2014, Adventist Healthcare Inc has awarded 314 individual grants totaling $12,819,524. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
HEALTH-CARE NETWORK: SERVICES INCLUDING ACUTE CARE, AMBULATORY AND POPULATION HEALTH MANAGEMENT.
Describe the Organization's Program Activity:
THE MISSION OF ADVENTIST HEALTHCARE IS TO "EXTEND GOD'S CARE THROUGH THE MINISTRY OF PHYSICAL, MENTAL AND SPIRITUAL HEALING." IN MEETING THIS MISSION, AND IN COMPLIANCE WITH STATE AND FEDERAL LAWS, WE PROVIDE CARE TO ALL PATIENTS REGARDLESS OF THEIR ABILITY TO PAY. COMPASSION IS REFLECTED IN OUR MISSION AND OUR ORGANIZATION'S COMMITMENT TO PROVIDING CONSISTENTLY HIGH LEVELS OF CHARITY AND UNCOMPENSATED CARE. TO MEET THE NEEDS OF OUR COMMUNITIES, ADVENTIST HEALTHCARE CONTINUES TO INNOVATE AND EXPAND OUR RANGE OF SERVICES TO BUILD A HEALTHIER, ENGAGED COMMUNITY.CONTINUES ON SCHEDULE O.WE RESPOND PROACTIVELY TO VARIOUS HEALTH CARE NEEDS WITH A CONTINUUM OF EXCELLENT PROGRAMS AND WIDE-RANGING SERVICES TO MEET DIVERSE POPULATIONS AS WE STRIVE TO:1. MAINTAIN AND GROW QUALITY HEALTH SERVICES2. INCREASE ACCESS TO CARE3. PROMOTE HEALTH EQUITY AND WELLNESS1. MAINTAIN AND GROW QUALITY HEALTH SERVICES:ADVENTIST HEALTHCARE IS GROWING EXISTING PROGRAMS IN ONCOLOGY, CARDIAC AND VASCULAR CARE, NEUROSURGERY, PHYSICAL REHABILITATION, AND BEHAVIORAL HEALTH. THE SYSTEM ALSO IS DELIVERING SERVICES VIA PARTNERSHIPS WITH COMMUNITY-BASED ORGANIZATIONS ALIGNED WITH OUR MISSION. IN ADDITION, OUR HEALTH SYSTEM HAS CONTINUED TO RESPOND TO THE COVID-19 PANDEMIC WHILE ALSO EXPANDING INTO NEW AREAS IN AND AROUND WASHINGTON, D.C. AREA. THE COMMUNITY BENEFITS FROM THESE QUALITY PROGRAMS AND SERVICES, WHICH PROMOTE HEALTH AND WELLNESS FOR OUR NEIGHBORS, FROM INFANTS TO SENIOR CITIZENS, AND BUILD HEALTHIER COMMUNITIES IN A HOLISTIC WAY.AS PART OF ITS ONGOING EXPANSION OF SERVICES IN THE WHITE OAK AREA OF MONTGOMERY COUNTY, ADVENTIST HEALTHCARE WHITE OAK MEDICAL CENTER ENTERED A JOINT VENTURE WITH CANCER PHYSICIANS TO OPEN THE WHITE OAK CANCER CENTER IN 2021. THE CENTER, LOCATED ADJACENT TO THE HOSPITAL IN ITS MEDICAL PAVILION, EXPANDS ACCESS TO ADVANCED RADIATION ONCOLOGY AND OTHER CANCER SERVICES FOR RESIDENTS IN AND AROUND SILVER SPRING, MARYLAND. MEANWHILE, ADVENTIST HEALTHCARE SHADY GROVE MEDICAL CENTER CONTINUED TO HOST CUTTING-EDGE CLINICAL TRIALS AND EXPANDED WELLNESS PROGRAMS AT ITS AQUILINO CANCER CENTER THAT AIM TO TREAT THE PSYCHOLOGICAL TOLL THAT CANCER HAS ON PATIENTS. EFFORTS LIKE THESE ARE PART OF OUR COMMITMENT TO PROVIDE THE LATEST DIAGNOSTIC AND TREATMENT SERVICES WITH COMPASSION, TO GAIN A DEEP UNDERSTANDING OF THE UNIQUE DEMANDS OF CANCER PATIENTS, AND TO ACCOMMODATE PATIENT NEEDS AND PREFERENCES. OUR WHOLE-PERSON CANCER CARE SERVICES ALSO INCLUDE NUTRITION COUNSELING, STRESS MANAGEMENT, FITNESS PROGRAMS AND SUPPORT GROUPS. ADVENTIST HEALTHCARE CONTINUES TO FOCUS ON EXPANDING ITS TRADITION OF HOLISTIC CARE IN PRINCE GEORGE'S COUNTY SINCE ACQUIRING FORT WASHINGTON MEDICAL CENTER IN 2019. ADVENTIST HEALTHCARE IN 2021 CONTINUED TO PROVIDE CRITICAL CARE AND EMERGENCY SERVICES IN FORT WASHINGTON TO SERVE THE RESIDENTS OF A COUNTY HIT HARD BY COVID-19. THE HEALTH SYSTEM ALSO ADDED SPECIALTY PHYSICIAN OFFICES IN FORT WASHINGTON, INCLUDING BARIATRIC SURGEON AND ORTHOPEDIST, AND CONTINUED CONSTRUCTION ON A MEDICAL PAVILION AT NATIONAL HARBOR IN OXON HILL, NEAR WASHINGTON, D.C. THE NEW FACILITY WILL BECOME HOME TO A FULL RANGE OF SPECIALTY AND PREVENTATIVE CARE SERVICES INCLUDING A SURGERY CENTER, WOUND CARE, CARDIAC CARE SERVICES, REHABILITATION AND OTHER AMBULATORY SERVICES. IT WILL PROVIDE EASY ACCESS FROM WASHINGTON, MARYLAND AND VIRGINIA WITH A DEDICATED EXIT OFF THE CAPITAL BELTWAY.ADDITIONALLY, ADVENTIST HEALTHCARE ENGAGED WITH RESIDENTS IN WASHINGTON THOUGH ITS MANAGEMENT SERVICES AGREEMENT WITH HOWARD UNIVERSITY HOSPITAL. THROUGH THIS AGREEMENT, ADVENTIST HEALTHCARE PROVIDES SENIOR LEADERSHIP TO HELP STRENGTHEN THE QUALITY OF SERVICES AND THE HOSPITAL'S PRESENCE IN D.C. THE PARTNERSHIP BETWEEN THESE TWO INSTITUTIONS IS BEGINNING TO PROVIDE ACCESS FOR THE TALENTED HOWARD MEDICAL TRAINEES, RESIDENTS, MEDICAL STUDENTS AND GRADUATES TO TRAIN AND WORK WITHIN ADVENTIST HEALTHCARE'S NETWORK OF HOSPITALS. HOWARD UNIVERSITY HOSPITAL IS A PRIVATE, NONPROFIT INSTITUTION THAT HAS SERVED THE COMMUNITY FOR MORE THAN 150 YEARS. IT IS ONE OF THE MOST COMPREHENSIVE HEALTH SYSTEMS IN D.C., WITH A LEVEL 1 TRAUMA CENTER AND AN EMERGENCY DEPARTMENT THAT SEES APPROXIMATELY 50,000 PATIENTS ANNUALLY. IT IS RECOGNIZED AS A NATIONAL LEADER IN TRAINING FUTURE DOCTORS, NURSES AND OTHER HEALTHCARE PROFESSIONALS, AND ESSENTIAL TO HELPING THE U.S. ADDRESS RACIAL DISPARITIES IN ITS PHYSICIAN WORKFORCE.IN THE AREA OF STROKE CARE, BOTH ADVENTIST HEALTHCARE WHITE OAK MEDICAL CENTER AND ADVENTIST HEALTHCARE SHADY GROVE MEDICAL CENTER AGAIN RECEIVED NATIONAL RECOGNITION FROM THE AMERICAN STROKE ASSOCIATION IN 2021 FOR THEIR ONGOING COMMITMENT TO TREATMENT THAT FOLLOWS THE LATEST, EVIDENCE-BASED GUIDELINES. BOTH HOSPITALS EARNED THE GOLD PLUS ACHIEVEMENT AWARD IN THE ASSOCIATION'S GET WITH THE GUIDELINES-STROKE PROGRAM. TO RECEIVE THIS AWARD, EACH HOSPITAL ACHIEVED 85 PERCENT OR HIGHER COMPLIANCE WITH THE PROGRAM'S STANDARDS FOR TWO OR MORE CONSECUTIVE 12-MONTH PERIODS. IN ADDITION, BOTH HOSPITALS ACHIEVED 75 PERCENT OR HIGHER COMPLIANCE WITH FIVE OF EIGHT QUALITY MEASURES.ADDITIONALLY, SHADY GROVE MEDICAL CENTER RECEIVED TARGET: STROKE HONOR ROLL ELITE PLUS STATUS AND WHITE OAK MEDICAL CENTER RECEIVED TARGET: STROKE HONOR ROLL ELITE STATUS FOR MAINTAINING SHORT INTERVALS BETWEEN A PATIENT'S ARRIVAL AT THE HOSPITALS AND THEIR TREATMENT WITH A CLOT-DISSOLVING MEDICATION. PROVIDING MEDICATION WITHIN THE FIRST 4.5 HOURS AFTER SYMPTOMS HAS BEEN SHOWN TO SIGNIFICANTLY REDUCE THE EFFECTS OF STROKE AND LESSEN THE CHANCE OF PERMANENT DISABILITY.SHADY GROVE MEDICAL CENTER CONTINUED TO GROW ITS CAPABILITIES IN MECHANICAL THROMBECTOMY, A MINIMALLY INVASIVE NEUROSURGICAL PROCEDURE THAT HAS BEEN SHOWN IN RECENT STUDIES TO IMPROVE OUTCOMES FOR STROKE PATIENTS. IN 2021, SHADY GROVE BEGAN COORDINATING TRANSFERS OF STROKE PATIENTS FROM OTHER LOCAL HOSPITALS AND PERFORMING AN INCREASED NUMBER OF THROMBECTOMY PROCEDURES. SHADY GROVE WAS NAMED A THROMBECTOMY-CAPABLE PRIMARY STROKE CENTER BY THE MARYLAND INSTITUTE FOR EMERGENCY MEDICAL SERVICES SYSTEMS.IN 2021, SHADY GROVE MEDICAL CENTER WON APPROVAL FROM THE STATE OF MARYLAND TO UPGRADE ITS FACILITIES AND CONSTRUCT A NEW SIX-STORY PATIENT TOWER ADJACENT TO THE EXISTING HOSPITAL. ONCE COMPLETE, THE TOWER WILL CREATE A LARGER, UPDATED EMERGENCY DEPARTMENT WITH ADDITIONAL SPACES DEDICATED TO MENTAL HEALTH EMERGENCIES; A LARGER INTENSIVE CARE UNIT AND NEW MEDICAL-SURGICAL ROOMS THAT WILL ALLOW THE HOSPITAL TO COMPLETE ITS TRANSITION TO ALL-PRIVATE ROOMS.WHITE OAK MEDICAL CENTER CONTINUES THE LEGACY OF OUTSTANDING CARDIAC CARE SERVICES THAT IT ESTABLISHED WHEN IT WAS THE FORMER WASHINGTON ADVENTIST HOSPITAL (WAH). WAH WAS THE HOME OF MANY CARDIAC FIRSTS IN THE GREATER D.C. AREA AFTER LAUNCHING ITS HEART PROGRAM IN 1962. THOSE PROCEDURES INCLUDE MITRAL VALVULOPLASTY AND SEVERAL SOPHISTICATED TYPES OF ECHOCARDIOGRAPHY. WHITE OAK MEDICAL CENTER PERFORMS SUBSTANTIAL CARDIAC SURGERY AND PCI PROCEDURES, AND BACKS UP MULTIPLE HOSPITALS THAT REQUIRE AN AFFILIATION WITH A CARDIAC SURGERY PROGRAM FOR THEIR PRIMARY AND NONPRIMARY ELECTIVE PCI PROGRAMS. IN 2021, THE SOCIETY OF THORACIC SURGEONS AWARDED WHITE OAK MEDICAL CENTER ITS THREE-STAR RATING - THE HIGHEST POSSIBLE QUALITY RATING - FOR CORONARY ARTERY BYPASS GRAFT SURGERY, AORTIC VALVE REPLACEMENT SURGERY AND MITRAL VALVE REPAIR AND REPLACEMENT - THE THREE MAIN TYPES OF HEART SURGERY. THE RATING PLACES WHITE OAK MEDICAL CENTER AMONG THE ELITE IN HEART SURGERY IN NORTH AMERICA. HISTORICALLY, APPROXIMATELY ONLY 4-8% OF HOSPITALS RECEIVE THE THREE-STAR RATING FOR AORTIC VALVE SURGERY; 6-10% OF HOSPITALS RECEIVE THE DISTINCTION FOR BYPASS SURGERY. THE STS STAR-RATING SYSTEM IS ONE OF THE MOST SOPHISTICATED AND HIGHLY REGARDED OVERALL MEASURES OF QUALITY IN HEALTHCARE.WHITE OAK MEDICAL CENTER AND SHADY GROVE MEDICAL CENTER RECEIVED NATIONAL AWARDS IN 2021 FOR PROVIDING RAPID, RESEARCH-BASED AND HIGH-QUALITY CARE TO HEART ATTACK PATIENTS. RECOGNIZED BY THE AMERICAN HEART ASSOCIATION, SHADY GROVE MEDICAL CENTER RECEIVED THE MISSION: LIFELINE STEMI RECEIVING CENTER GOLD PLUS AWARD AND WHITE OAK MEDICAL CENTER RECEIVED THE MISSION: LIFELINE STEMI & NSTEMI GOLD AWARDS.THE FORMER WASHINGTON ADVENTIST HOSPITAL FACILITY IN TAKOMA PARK HAS PLAYED A CRITICAL ROLE IN MARYLAND'S COVID-19 RESPONSE. ADVENTIST HEALTHCARE CONTINUES TO PARTNER WITH THE STATE OF MARYLAND TO OPERATE THE FACILITY AS AN ALTERNATE CARE SITE (ACS) FOR THE TREATMENT OF COVID-19 PATIENTS. THE ACS IN 2021 MADE IT POSSIBLE FOR COMMUNITY HOSPITALS IN ITS REGION TO TRANSFER 1,687 COVID-19 PATIENTS FOR SPECIALIZED CARE, FREEING ACUTE-CARE BEDS FOR RESIDENTS. THE FACILITY ALSO HAS HOUSED A REHABILITATION UNIT SPECIALIZING IN COVID RECOVERY AND AN INFUSION SITE FOR THE ADMINISTRATION OF MONOCLONAL ANTIBODY TREATMENTS FOR COVID-19.
SHADY GROVE MEDICAL CENTER'S BEHAVIORAL HEALTH SERVICES:ADVENTIST HEALTHCARE SHADY GROVE MEDICAL CENTER'S BEHAVIORAL HEALTH SERVICES EXTEND CARE TO INDIVIDUALS WITH MENTAL ILLNESS AND SUBSTANCE ABUSE CHALLENGES.SHADY GROVE MEDICAL CENTER IS A NONPROFIT, ACCREDITED BY THE JOINT COMMISSION AND PROVIDES PSYCHIATRIC TREATMENT AT FREESTANDING FACILITIES LOCATED ON ADVENTIST HEALTHCARE'S CAMPUS IN ROCKVILLE, MONTGOMERY COUNTY, MARYLAND.CONTINUES ON SCHEDULE OSHADY GROVE MEDICAL CENTER PROVIDES A BROAD RANGE OF BEHAVIORAL HEALTH SERVICES SUCH AS ACUTE CARE, SPECIAL AND GENERAL EDUCATION PROGRAMS, CHEMICAL DEPENDENCY PROGRAMS, OUTPATIENT PROGRAMS, PARTIAL HOSPITALIZATION PROGRAMS, INTENSIVE OUTPATIENT SERVICES AND AN OUTPATIENT WELLNESS CLINIC.SHADY GROVE MEDICAL CENTER'S BEHAVIORAL HEALTH FACILITIES INCLUDE 117 ACUTE-CARE INPATIENT BEDS. AMONG THEM ARE THE SPECIALIZED MAGNOLIA UNIT, A 10-BED UNIT DEDICATED TO SERVING GERIATRIC ADULTS. THE UNIT PROVIDES CRITICAL STABILIZATION AND SHORT-TERM INPATIENT TREATMENT FOR OLDER ADULTS WHO EXPERIENCE SUDDEN LIFE CHANGES AND STRESSORS THAT TRIGGER DEPRESSION, ANXIETY AND OTHER CHALLENGES THAT IMPACT THEIR DAILY ACTIVITIES. SHADY GROVE MEDICAL CENTER'S BEHAVIORAL HEALTH TEAM MEMBERS CARED FOR APPROXIMATELY 2,938 PATIENTS IN 2021.SERVICES ALSO INCLUDE THE RIDGE SCHOOL, A SPECIAL AND GENERAL EDUCATION DAY SCHOOL FOR STUDENTS IN GRADES 6 THROUGH 12 WITH EMOTIONAL AND LEARNING DISABILITIES OR OTHER BEHAVIORAL HEALTH IMPAIRMENTS THAT IS APPROVED BY THE MARYLAND STATE DEPARTMENT OF EDUCATION.SHADY GROVE MEDICAL CENTER ALSO OFFERS 16 ASSISTED LIVING BEDS AND A FULL CONTINUUM OF OUTPATIENT SERVICES. THE BEHAVIORAL HEALTH UNIT AT ADVENTIST HEALTHCARE WHITE OAK MEDICAL CENTER:THE BEHAVIORAL HEALTH UNIT AT WHITE OAK MEDICAL CENTER OFFERS 26 ADULT INPATIENT BEDS IN ADDITION TO PARTIAL HOSPITALIZATION AND INTENSIVE OUTPATIENT PROGRAMS IN SILVER SPRING, MARYLAND. THE BEHAVIORAL HEALTH UNIT WAS TEMPORARILY CLOSED DURING 2021 AND REOPENED IN 2022.COMMUNITY-BASED RESIDENTIAL SERVICES:THE MANOR IS AN ASSISTED LIVING FACILITY IN TAKOMA PARK, MARYLAND, FOR INDIVIDUALS WITH CHRONIC AND SEVERE MENTAL ILLNESS WHO ARE UNABLE TO LIVE INDEPENDENTLY. THE FACILITY PROVIDES A SAFE AND SUPPORTIVE RESIDENTIAL ENVIRONMENT AS AN ALTERNATIVE TO LONG-TERM PSYCHIATRIC HOSPITALIZATION.COMMUNITY SERVICE:SHADY GROVE MEDICAL CENTER IS COMMITTED TO SERVING AS A MENTAL HEALTH RESOURCE TO FAMILIES AND BEHAVIORAL HEALTH SPECIALISTS IN THE COMMUNITIES IT SERVES. THE ORGANIZATION HAS DEDICATED SIGNIFICANT RESOURCES TO PROVIDING CONTINUING EDUCATION SYMPOSIUMS FOR CLINICIANS AS WELL AS FREE MENTAL HEALTH SUPPORT GROUPS TO THE COMMUNITY. SHADY GROVE MEDICAL CENTER SPONSORS AND SUPPORTS COMMUNITY ORGANIZATIONS SUCH AS THE AMERICAN FOUNDATION FOR SUICIDE PREVENTION AND THE NATIONAL ALLIANCE ON MENTAL ILLNESS OF MONTGOMERY COUNTY.
ADVENTIST HEALTHCARE, INC. EMPLOYS A NUMBER OF PHYSICIANS IN PRIMARY CARE AND SPECIALTY CARE WHO SUPPORT THE CONTINUUM OF HEALTH SERVICES OFFERED BY ADVENTIST HEALTHCARE.THERE ARE APPROXIMATELY 20 PRIMARY CARE PHYSICIANS WHO SPAN OVER 6 DISTINCT SITES IN THE MONTGOMERY COUNTY AND PRINCE GEORGE'S COUNTY AREA. THESE PRIMARY CARE PHYSICIANS AND NURSE PRACTITIONERS SERVE THE COMMUNITY IN PROVIDING PREVENTIVE CARE, ACUTE CARE, AND CHRONIC CARE.ADVENTIST HEALTHCARE ALSO EMPLOYS PHYSICAL MEDICINE SPECIALISTS, WHO SERVE THE COMMUNITY BY PROVIDING INPATIENT AND OUTPATIENT PHYSIATRY SERVICES TO THOSE IN NEED. CONTINUES ON SCHEDULE O.THESE PHYSICIANS PRIMARILY SERVE PATIENTS IN MONTGOMERY COUNTY AND PRINCE GEORGE'S COUNTY.FOR BOTH GROUPS OF PHYSICIANS, ADVENTIST HEALTHCARE UNDER ITS EMPLOYMENT CONTRACTS, PROVIDES ADMINISTRATIVE, FINANCIAL MANAGEMENT, TECHNICAL AND BUSINESS SUPPORT SERVICES THAT ARE ESSENTIAL FOR PHYSICIANS TO PROVIDE QUALITY CARE AND OPERATE SUCCESSFUL PRACTICES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
John Sackett Evp & Coo, Ahc | Officer | 40 | $1,755,941 |
Terry Forde President & Ceo, Ahc | OfficerTrustee | 45 | $1,671,698 |
Niv Ad Physician | 50 | $1,203,032 | |
Paul Massimiano Physician | 50 | $1,005,981 | |
Anthony Rongione Physician | 50 | $988,034 | |
James G Lee Evp/cfo,end 10/2021;evp,cso-Gwth | Officer | 38 | $964,842 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Aya Healthcare Inc Staffing/recruitment Services | 12/30/21 | $64,959,059 |
Usacs Integrated Acute Care Services Physician Providers | 12/30/21 | $23,791,020 |
Quest Diagnostics Clinical Lab Services | 12/30/21 | $21,787,156 |
Sodexo Inc Dietary And Plant Ops | 12/30/21 | $7,668,657 |
Flexrn Staffing/recruitment Services | 12/30/21 | $7,204,532 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $951,272 |
Government grants | $4,075,006 |
All other contributions, gifts, grants, and similar amounts not included above | $392,151 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $5,418,429 |
Total Program Service Revenue | $979,431,683 |
Investment income | $5,557,525 |
Tax Exempt Bond Proceeds | $520,770 |
Royalties | $0 |
Net Rental Income | -$2,660,072 |
Net Gain/Loss on Asset Sales | -$21,082,516 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $133,401 |
Miscellaneous Revenue | $0 |
Total Revenue | $967,769,251 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $2,207,141 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $69,444 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $11,485,461 |
Compensation of current officers, directors, key employees. | $11,485,461 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $315,053,883 |
Pension plan accruals and contributions | $12,955,000 |
Other employee benefits | $26,362,550 |
Payroll taxes | $22,526,983 |
Fees for services: Management | $5,896,807 |
Fees for services: Legal | $2,700,994 |
Fees for services: Accounting | $565,804 |
Fees for services: Lobbying | $110,000 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $826,888 |
Fees for services: Other | $238,800,865 |
Advertising and promotion | $1,908,874 |
Office expenses | $6,223,212 |
Information technology | $24,128,917 |
Royalties | $0 |
Occupancy | $67,613,057 |
Travel | $1,251,966 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $836,722 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $46,338,348 |
Insurance | $12,142,864 |
All other expenses | $0 |
Total functional expenses | $926,643,245 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,473,508 |
Savings and temporary cash investments | $126,285,471 |
Pledges and grants receivable | $594,674 |
Accounts receivable, net | $112,800,167 |
Loans from Officers, Directors, or Controlling Persons | $3,093,424 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $82,141,928 |
Inventories for sale or use | $9,429,233 |
Prepaid expenses and deferred charges | $17,360,310 |
Net Land, buildings, and equipment | $746,264,233 |
Investments—publicly traded securities | $533,967,844 |
Investments—other securities | $46,335,191 |
Investments—program-related | $5,177,341 |
Intangible assets | $6,670,022 |
Other assets | $79,975,603 |
Total assets | $1,771,568,949 |
Accounts payable and accrued expenses | $217,240,032 |
Grants payable | $0 |
Deferred revenue | $8,284,769 |
Tax-exempt bond liabilities | $730,060,117 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $99,954,686 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $128,872,230 |
Total liabilities | $1,184,411,834 |
Net assets without donor restrictions | $583,513,364 |
Net assets with donor restrictions | $3,643,751 |
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 | $1,771,568,949 |
Over the last fiscal year, Adventist Healthcare Inc has awarded $2,124,847 in support to 41 organizations.
Grant Recipient | Amount |
---|---|
Gaithersburg, MD PURPOSE: FUNDS GOING TOWARDS AREAS OF NEED AT WASHINGTON ADVENTIST HOSPITAL AND WHITE OAK MEDICAL CENTER. | $500,000 |
COLUMBIA UNION CONFERENCE PURPOSE: CONTRIBUTION TOWARDS PURPOSE OF MISSION WORK, YOUTH MINISTRY AND HEALTH AND WELLNESS OUTREACH. | $305,000 |
Silver Spring, MD PURPOSE: TO SUPPORT DREAM KIDS IN A VIRTUAL MENTORING ENVIRONMENT TO BE SUCCESSFUL IN SCHOOL WITH A COLLEGE AND CAREER READINESS FOCUS. THROUGH ACADEMIC, SOCIAL, AND VALUES ENRICHMENT, THE DREAM ACADEMY EMPOWERS THOSE CHILDREN MOST AT RISK OF INCARCERATION TO BELIEVE IN THEMSELVES AND TO SUCCEED. | $153,597 |
Charlotte, NC PURPOSE: TO HELP IN THEIR MISSION OF RAISING FUNDS TO PROVIDE GRANTS TO OTHER CHARITIES WHICH STRIVE TO IMPROVE THE QUALITY OF EDUCATION AROUND THE NATION. | $105,000 |
Takoma Park, MD PURPOSE: TO SUPPORT THEIR VISION "TO PRODUCE GRADUATES WHO BRING COMPETENCE AND MORAL LEADERSHIP TO THEIR COMMUNITIES." | $100,000 |
Bethesda, MD PURPOSE: TO SUPPORT THEIR MISSION TO SERVE AS A PRIMARY CARE MEDICAL HOME FOR THOUSANDS OF LOW-INCOME ADULTS IN MONTGOMERY COUNTY, MARYLAND. | $90,000 |
Over the last fiscal year, we have identified 8 grants that Adventist Healthcare Inc has recieved totaling $177,900.
Awarding Organization | Amount |
---|---|
Brem Foundation To Defeat Breast Cancer Inc Silver Spring, MD PURPOSE: Provide funding for breast diagnost | $50,000 |
Mayo Clinic Group Return Rochester, MN PURPOSE: SUPPORT CHARITABLE PROGRAMS | $33,000 |
T Rowe Price Program For Charitable Giving Inc Baltimore, MD PURPOSE: MULTIPLE | $30,000 |
Nora Roberts Foundation Inc Glenn Dale, MD PURPOSE: OPERATIONS | $24,200 |
Goldman Sachs Philanthropy Fund New York, NY PURPOSE: MEDICAL / PUBLIC SERVICES | $20,000 |
Nora Roberts Foundation Inc Glenn Dale, MD PURPOSE: OPERATIONS | $12,200 |
Organization Name | Assets | Revenue |
---|---|---|
United States Fund For Unicef New York, NY | $445,451,590 | $1,061,946,827 |
Howard Hughes Medical Institute Chevy Chase, MD | $25,877,392,654 | $2,117,477,557 |
National Rural Utilities Cooperative Finance Corp Dulles, VA | $31,221,814,594 | $1,254,440,999 |
Howard University Washington, DC | $1,667,010,000 | $1,025,632,000 |
Caresource Indiana Inc Dayton, OH | $434,368,652 | $990,208,142 |
Presbyterian Medical Center Of The University Of Pennsylvania Health Philadelphia, PA | $864,132,692 | $1,007,924,819 |
Elderserve Health Inc Bronx, NY | $276,950,489 | $957,027,070 |
East Kentucky Power Cooperative Inc Winchester, KY | $3,550,114,968 | $954,101,068 |
Newyork-Presbyterian-Queens Flushing, NY | $898,800,022 | $913,594,490 |
New York-Presbyterian Brooklyn Methodist Brooklyn, NY | $1,733,884,296 | $932,635,722 |
Adventist Healthcare Inc Gaithersburg, MD | $1,771,568,949 | $967,769,251 |
Fordham University Bronx, NY | $2,430,141,698 | $953,892,663 |