Carilion Medical Center

Organization Overview

Carilion Medical Center is located in Roanoke, VA. The organization was established in 1980. According to its NTEE Classification (E20) the organization is classified as: Hospitals, under the broad grouping of Health Care and related organizations. As of 09/2021, Carilion Medical Center employed 9,777 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Carilion Medical Center 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 09/2021, Carilion Medical Center generated $1.8b in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.8% each year. All expenses for the organization totaled $1.6b during the year ending 09/2021. While expenses have increased by 5.0% per year over the past 6 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, Carilion Medical Center has awarded 323 individual grants totaling $29,153,874. 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.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

OUR MISSION IS TO IMPROVE THE HEALTH OF THE COMMUNITIES WE SERVE THROUGH OUR COMMITMENT TO A COMMON PURPOSE OF BETTER PATIENT CARE, BETTER COMMUNITY HEALTH, AND LOWER COST.

Describe the Organization's Program Activity:

SEE SCHEDULE O.


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Board, Officers & Key Employees

Name (title)Compensation
Name Not Listed
Director
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Earl Swensson Associates Inc
Architectural Design Services
$9,844,320
Ge Medical Systems
Equipment Maintenance
$8,541,975
Quest Diagnostics
Laboratory Services
$26,156,435
F & S Building Innovations Inc
Construction Services
$7,685,034
Qualivis Llc
Temporary Staffing
$6,907,771
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$76,258
Membership dues$0
Fundraising events$0
Related organizations$648,319
Government grants $51,677,152
All other contributions, gifts, grants, and similar amounts not included above$1,328,081
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$53,729,810
Total Program Service Revenue$1,553,690,747
Investment income $22,158,025
Tax Exempt Bond Proceeds -$21,318
Royalties $0
Net Rental Income $5,103,218
Net Gain/Loss on Asset Sales $109,459,065
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,763,656,748

Grants Awarded

Over the last fiscal year, Carilion Medical Center has awarded $1,625,958 in support to 26 organizations.

Grant RecipientAmount

UNITED WAY OF ROANOKE VALLEY

Org PageRecipient Profile

Roanoke, VA

PURPOSE: Health collab operations

$300,000

ROANOKE CULTURAL ENDOWMENT

Org PageRecipient Profile

Roanoke, VA

PURPOSE: Community sponsorships

$300,000

(11) RONALD MCDONALD HOUSE CHARITIES OF SW VA

Org PageRecipient Profile

Roanoke, VA

PURPOSE: Program support

$264,675

CHILDREN'S TRUST ROANOKE VALLEY

Org PageRecipient Profile

Roanoke, VA

PURPOSE: General support

$120,000

CHIP OF ROANOKE VALLEY

Org PageRecipient Profile

Roanoke, VA

PURPOSE: Program support

$106,101

CARDINAL PRODUCTIONS INC

Org PageRecipient Profile

Roanoke, VA

PURPOSE: Sponsorship

$100,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Carilion Medical Center has recieved totaling $73,000.

Awarding OrganizationAmount
Omega Medical Grants Association

Rosemont, IL

PURPOSE: FELLOWSHIP

$60,500
American Cancer Society Inc

Kennesaw, GA

PURPOSE: Patient Support

$12,500
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$16,794,123
Earnings$4,146,435
Net Contributions$348,535
Other Expense$675,838
Ending Balance$20,613,255

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