Carilion Clinic
- Assets
- $277.9m
- Revenue
- $43.3m
- Investments
- $11.3m
- Employees
- 0
- Location
- Roanoke, VA
- Founding
- 05/1982
- Data as of
- 09/2022
- EIN
- 54-1190771
Organization Overview
Carilion Clinic is located in Roanoke, VA. The organization was established in 1982. According to its NTEE Classification (E19) the organization is classified as: Support N.E.C., under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Carilion Clinic 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 09/2022, Carilion Clinic generated $43.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.4% each year. All expenses for the organization totaled $36.4m during the year ending 09/2022. While expenses have increased by 5.7% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
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:
Part 3 - Line 4a
SEE SCHEDULE O.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Director/chair | OfficerTrustee | 7 | $23,000 |
Name Not Listed Director/ceo | OfficerTrustee | 8 | $0 |
Name Not Listed Director | Trustee | 4.5 | $11,248 |
Name Not Listed Director | Trustee | 4.5 | $7,948 |
Name Not Listed Director | Trustee | 4.5 | $13,748 |
Name Not Listed Director | Trustee | 2.4 | $8,515 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
F & S Building Innovations Inc Construction Services | 9/29/23 | $578,257 |
Mb Contractors Inc Construction Services | 9/29/23 | $812,106 |
Next Level Building Solutions Inc Cleaning Services | 9/29/23 | $836,574 |
Servicemaster Commercial Clean Maintenance Services | 9/29/23 | $459,100 |
Balzer And Associates Inc Architecture And Engineering Services | 9/29/23 | $369,867 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $40,103,652 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $1,907,040 |
| Net Gain/Loss on Asset Sales | $1,302,695 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $43,344,758 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $157,439 |
| Compensation of current officers, directors, key employees. | $157,439 |
| Compensation to disqualified persons | $4,856 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $2,000,710 |
| Fees for services: Legal | $11,353 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $885 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,502,750 |
| Advertising and promotion | $0 |
| Office expenses | $247,422 |
| Information technology | $24,613 |
| Royalties | $0 |
| Occupancy | $13,186,749 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $3,316,652 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $12,491,343 |
| Insurance | $423,513 |
| All other expenses | $0 |
| Total functional expenses | $36,369,857 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $3,582,314 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,363,380 |
| Net Land, buildings, and equipment | $194,524,669 |
| Investments—publicly traded securities | $6,975,251 |
| Investments—other securities | $11,334,802 |
| Investments—program-related | $7,902,482 |
| Intangible assets | $0 |
| Other assets | $52,235,884 |
| Total assets | $277,918,782 |
| Accounts payable and accrued expenses | $1,714,809 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $95,973,776 |
| 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 | $73,422,516 |
| Total liabilities | $171,111,101 |
| Net assets without donor restrictions | $106,807,681 |
| Net assets with donor restrictions | $0 |
| 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 | $277,918,782 |