Northside Hospital Inc
- Assets
- $4.7b
- Revenue
- $5.9b
- Investments
- $0.0
- Employees
- 33,026
- Location
- Atlanta, GA
- Founding
- 09/1991
- Data as of
- 09/2021
- EIN
- 58-1954432
Organization Overview
Northside Hospital Inc is located in Atlanta, GA. The organization was established in 1991. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. As of 09/2023, Northside Hospital Inc employed 33,026 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Northside Hospital 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 09/2021, Northside Hospital Inc generated $5.9b in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.8% each year . All expenses for the organization totaled $5.5b during the year ending 09/2021. While expenses have increased by 11.3% 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 2015, Northside Hospital Inc has awarded 395 individual grants totaling $27,459,763. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO BE A CENTER OF EXCELLENCE IN PROVIDING HIGH-QUALITY HEALTH CARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AS NOTED IN ITS MISSION, NORTHSIDE IS DEDICATED TO MAINTAINING OUR POISTION AS REGIONAL LEADERS IN SELECT MEDICAL SPECIALTIES. THESE SELECT SPECIALTIES, OR PROGRAM SERVICES, INCLUDE CARDIOLOGY SERVICES, ONCOLOGY SERVICES, RADIOLGOY SERVICES, SURGICAL SERVICES, AND WOMEN'S SERVICES. IN FUTHERANCE OF ITS CHARITABLE MISSION, NORTHSIDE INVESTED IN THE CONTINUED GROWTH, EXPANSION AND INCREASED ACCESS TO THESE VITAL PROGRAM SERVICES. SEE SCHEDULE O FOR CONTINUATION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dale M Bearman MD Chair | Trustee | 1 | $0 |
Mark J Sweeney Vice Chair/secretary | Trustee | 1 | $0 |
Anthony J Salvatore Treasurer | Trustee | 1 | $0 |
Wayne L Ambroze Jr MD Board Member | Trustee | 40 | $459,342 |
Thurbert E Baker Board Member | Trustee | 1 | $0 |
Carlton Buchanan MD Board Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Baker & Hostetler Llp Legal Services | 9/29/23 | $34,116,720 |
Premier Healthcare Professionals Inc Staffing Services | 9/29/23 | $104,398,661 |
Adex Healthcare Staffing Staffing Services | 9/29/23 | $29,764,974 |
Atlanta Gastroenterology Associates See Schedule O | 9/29/23 | $23,806,788 |
Atlanta Cancer Care Pc See Schedule O | 9/29/23 | $23,558,815 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $137,894,469 |
| Investment income | $29,460,447 |
| 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 | $5,901,972,434 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $4,064 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $16,574,163 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,825,209,995 |
| Pension plan accruals and contributions | $112,818,282 |
| Other employee benefits | $261,706,421 |
| Payroll taxes | $114,846,899 |
| Fees for services: Management | $18,850,533 |
| Fees for services: Legal | $36,868,923 |
| Fees for services: Accounting | $1,189,381 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $3,539,849 |
| Fees for services: Other | $635,253,844 |
| Advertising and promotion | $11,597,787 |
| Office expenses | $95,778,356 |
| Information technology | $58,244,730 |
| Royalties | $0 |
| Occupancy | $145,826,507 |
| Travel | $2,331,668 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,019,247 |
| Interest | $463,763 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $221,018,915 |
| Insurance | $101,063,215 |
| All other expenses | $0 |
| Total functional expenses | $5,520,744,220 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $77,106 |
| Savings and temporary cash investments | $911,966,179 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $506,694,849 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $93,678,248 |
| Prepaid expenses and deferred charges | $103,740,694 |
| Investments—publicly traded securities | $778,943,178 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $321,205,534 |
| Other assets | $79,309,070 |
| Total assets | $4,670,786,128 |
| Accounts payable and accrued expenses | $837,731,667 |
| Grants payable | $0 |
| Deferred revenue | $3,622,791 |
| 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 | $67,203,542 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $787,477,748 |
| Total liabilities | $1,696,035,748 |
| Net assets without donor restrictions | $2,974,750,380 |
| 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 |
| Total liabilities and net assets/fund balances | $2,974,750,380 |
Grants Awarded
Over the last fiscal year, Northside Hospital Inc has awarded $4,758,495 in support to 81 organizations.
| Grant Recipient | Amount |
|---|---|
247 GATEWAY LLC PURPOSE: GENERAL SUPPORT | $114,275 |
ALZHEIMERS DISEASE AND RELATED DISORDERS ASSOCIATION PURPOSE: GENERAL SUPPORT | $45,000 |
AMERICAN CANCER SOCIETY INC PURPOSE: GENERAL SUPPORT | $195,500 |
AMERICAN HEART ASSOCIATION INC PURPOSE: GENERAL SUPPORT | $215,000 |
AMERICAN LUNG ASSOCIATION PURPOSE: GENERAL SUPPORT | $20,000 |
ARCS FOUNDATION INC PURPOSE: GENERAL SUPPORT | $22,500 |