Greenville Health Corporation
- Assets
- $64.5m
- Revenue
- $120.7m
- Investments
- $0.0
- Employees
- 265
- Location
- Greenville, SC
- Founding
- 12/1999
- Data as of
- 09/2021
- EIN
- 57-0835816
Organization Overview
Greenville Health Corporation is located in Greenville, SC. The organization was established in 1999. According to its NTEE Classification (E60) the organization is classified as: Health Support, under the broad grouping of Health Care and related organizations. As of 09/2021, Greenville Health Corporation employed 265 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greenville Health Corporation 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, Greenville Health Corporation generated $120.7m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 11.6% each year . All expenses for the organization totaled $140.1m during the year ending 09/2021. While expenses have increased by 14.6% per year over the past 5 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
INSPIRE HEALTH. SERVE WITH COMPASSION. BE THE DIFFERENCE.
Describe the Organization's Program Activity:
GREENVILLE HEALTH CORPORATION (GHC) OPERATES TWELVE RETAIL PHARMACIES AS WELL AS A DURABLE MEDICAL EQUIPMENT, ORTHOTICS, AND PROSTHETICS BUSINESS. GHC ALSO HAS INTERESTS IN THREE JOINT VENTURES THAT WERE FORMED TO PROVIDE PHYSICAL THERAPY, GROUP PURCHASING, AND HEALTHCARE INCLUDING AMBULATORY SURGERY SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steven R Ranck Director, Pharmacy Services-Ghc | 40 | $185,181 | |
Roger D Blackwell Manager, Pharmacy | 40 | $166,800 | |
Charles R Sanders III Manager, Pharmacy | 40 | $166,757 | |
Robert Burth Pharmacist In Charge | 40 | $159,748 | |
Heather Eddy Manager, Pharmacy | 40 | $155,929 | |
Michael T Burke President, Evp-Cfo | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Med Bill Llc Billing Collection Agency | 9/29/20 | $223,815 |
Brightree Services Llc Software Fees And Ar Fees | 9/29/20 | $131,450 |
Eagle Express Of Sc Llc Courier Service | 9/29/20 | $104,665 |
Qs1 Data Systems Transmission Fees, System Maintenance | 9/29/20 | $243,873 |
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 | $456,048 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $456,048 |
| Total Program Service Revenue | $115,731,786 |
| Investment income | $588,589 |
| 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 | $120,657,532 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $13,251,055 |
| Pension plan accruals and contributions | $389,250 |
| Other employee benefits | $1,236,002 |
| Payroll taxes | $968,677 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $11,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $555,590 |
| Advertising and promotion | $33,905 |
| Office expenses | $1,170,213 |
| Information technology | $681,956 |
| Royalties | $0 |
| Occupancy | $1,367,761 |
| Travel | $90,919 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $14,029 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $130,882 |
| Insurance | $25,291 |
| All other expenses | $476,574 |
| Total functional expenses | $140,107,891 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$2,807,873 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $545,046 |
| Accounts receivable, net | $11,351,339 |
| Loans from Officers, Directors, or Controlling Persons | $5,432,934 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $7,313,243 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $2,548,710 |
| Investments—publicly traded securities | $30,065,463 |
| Investments—other securities | $0 |
| Investments—program-related | $9,946,306 |
| Intangible assets | $0 |
| Other assets | $144,177 |
| Total assets | $64,539,345 |
| Accounts payable and accrued expenses | $4,831,387 |
| Grants payable | $0 |
| Deferred revenue | $3,603 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,798,509 |
| Total liabilities | $6,633,499 |
| Net assets without donor restrictions | $39,198,916 |
| Net assets with donor restrictions | $18,706,930 |
| 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 | $64,539,345 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mcleod Physician Associates Ii Florence, SC | $45,574,121 | $170,435,778 |
Greenville Health Corporation Greenville, SC | $64,539,345 | $120,657,532 |
Legacy Healthcare Services Inc Raleigh, NC | $130,717,949 | $129,375,945 |
Community Ancillary Services Inc Gray, GA | $30,792,192 | $79,626,521 |
Blue Ridge Healthcare Medical Group Inc Morganton, NC | $29,518,541 | $62,090,684 |
Rural Health Group Inc Roanoke Rapids, NC | $39,335,445 | $53,812,682 |
Alliant Health Solutions Inc Atlanta, GA | $35,899,821 | $40,943,922 |
Duke Integrated Network Inc Durham, NC | $2,381,377 | $12,476,427 |
Lsa Pharmacy Inc Salisbury, NC | $13,077,982 | $7,537,503 |
Greater Hickory Cooperative Christian Ministry Hickory, NC | $4,458,990 | $3,541,261 |
Carolina Collaborative Community Care Inc Fayetteville, NC | $3,441,365 | $1,867,243 |
Georgia Partnership For Telehealth Inc Waycross, GA | $926,460 | $2,337,188 |