Piedmont Health Services Inc
- Assets
- $37.4m
- Revenue
- $69.5m
- Investments
- $0.0
- Employees
- 766
- Location
- Chapel Hill, NC
- Founding
- 05/1970
- Data as of
- 12/2020
- EIN
- 56-0952737
Organization Overview
Piedmont Health Services Inc is located in Chapel Hill, NC. The organization was established in 1970. According to its NTEE Classification (E32) the organization is classified as: Community Clinics, under the broad grouping of Health Care and related organizations. As of 12/2021, Piedmont Health Services Inc employed 766 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Piedmont Health Services 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 12/2020, Piedmont Health Services Inc generated $69.5m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 57.6% each year . All expenses for the organization totaled $65.7m during the year ending 12/2020. While expenses have increased by 55.0% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO IMPROVE THE HEALTH AND WELL-BEING OF THE COMMUNITY BY PROVIDING HIGH QUALITY, AFFORDABLE, AND COMPREHENSIVE PRIMARY HEALTH CARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AMBULATORY HEALTH CARE SERVICES TO THE GENERAL PUBLIC IN CHAPEL HILL, NC AND SURROUNDING AREAS. DURING 2021, THE ORGANIZATION HAD OVER 115,000 MEDICAL ENCOUNTERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian Toomey CEO | Officer | 40 | $254,851 |
Joan East Cmo | Officer | 40 | $252,709 |
Sharon Reilly Pace Medical Director | 40 | $229,787 | |
Rhonda Kroll Physician | 40 | $214,932 | |
Katrina Mattison-Chalwe Dental Director | 40 | $212,702 | |
Fareedat Oluyadi Physician | 40 | $208,719 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $10,104 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $14,551,227 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,029,367 |
| Noncash contributions included in lines 1a–1f | $99,972 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $16,590,698 |
| Total Program Service Revenue | $52,897,837 |
| Investment income | $1,169 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $69,489,704 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $62,646 |
| 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. | $776,237 |
| Compensation of current officers, directors, key employees. | $506,172 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $31,272,250 |
| Pension plan accruals and contributions | $1,434,881 |
| Other employee benefits | $5,480,433 |
| Payroll taxes | $2,288,109 |
| Fees for services: Management | $348,342 |
| Fees for services: Legal | $15,226 |
| Fees for services: Accounting | $199,689 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $11,414,913 |
| Advertising and promotion | $0 |
| Office expenses | $3,672,535 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,822,051 |
| Travel | $197,165 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $56,973 |
| Interest | $313,254 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,543,279 |
| Insurance | $234,277 |
| All other expenses | $0 |
| Total functional expenses | $65,675,915 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,761,196 |
| Savings and temporary cash investments | $6,766,671 |
| Pledges and grants receivable | $1,694,590 |
| Accounts receivable, net | $1,635,664 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $676,381 |
| Prepaid expenses and deferred charges | $371,672 |
| Net Land, buildings, and equipment | $10,259,675 |
| Investments—publicly traded securities | $979,297 |
| Investments—other securities | $0 |
| Investments—program-related | $1,698 |
| Intangible assets | $0 |
| Other assets | $4,234,229 |
| Total assets | $37,381,073 |
| Accounts payable and accrued expenses | $9,070,673 |
| Grants payable | $0 |
| Deferred revenue | $1,440,248 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $10,861,666 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $723,152 |
| Total liabilities | $22,095,739 |
| Net assets without donor restrictions | $14,402,612 |
| Net assets with donor restrictions | $882,722 |
| 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 | $37,381,073 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Piedmont Health Services Inc has recieved totaling $25,000.
| Awarding Organization | Amount |
|---|---|
Chapel Hill Residential Retirement Center Inc Chapel Hill, NC PURPOSE: PACE PROGRAM FOR FRAIL SENIORS | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Health Services Of Central Georgia Inc Macon, GA | $8,366,432 | $97,526,372 |
The Stern Cardiovascular Foundation Inc Germantown, TN | $17,127,426 | $49,543,413 |
Gaston Family Health Services Inc Gastonia, NC | $35,229,591 | $80,865,474 |
Frontier Health Gray, TN | $53,088,509 | $71,287,825 |
Medcura Health Inc Stone Mountain, GA | $35,224,823 | $76,303,870 |
Eau Claire Cooperative Health Center Inc Columbia, SC | $40,922,392 | $69,293,852 |
Piedmont Health Services Inc Chapel Hill, NC | $37,381,073 | $69,489,704 |
Daymark Recovery Services Inc Salisbury, NC | $39,230,183 | $65,095,451 |
Caresouth Carolina Inc Hartsville, SC | $34,185,450 | $62,130,801 |
Cherokee Health Systems Knoxville, TN | $78,560,180 | $71,163,695 |
Central Virginia Health Services Inc New Canton, VA | $73,302,827 | $67,111,160 |
Music City Prep Clinic Nashville, TN | $24,330,641 | $46,316,294 |