Emory University
- Assets
- $29.4m
- Revenue
- $5.3m
- Investments
- $4.6m
- Employees
- 0
- Location
- Decatur Raod, GA
- Founding
- 06/2011
- Data as of
- 06/2017
- EIN
- 58-2034958
Organization Overview
Emory University is located in Decatur Raod, GA. The organization was established in 2011. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Emory University 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 06/2017, Emory University generated $5.3m in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $2.0m during the year ending 06/2017. 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
2017
Describe the Organization's Mission:
Part 3 - Line 1
TO FOSTER AND PROMOTE HEALTHCARE AND SUPPORT DEKALB MEDICAL CENTER AND DECATUR HEALTH RESOURCES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DRHS, THROUGH THE DEKALB MEDICAL AUXILIARY, OPERATES THE DOGWOOD GIFT SHOP LOCATED IN THE MAIN LOBBY ON THE 1ST FLOOR OF DEKALB MEDICAL AT NORTH DECATUR. DRHS ALSO OPERATES THE MAGNOLIAN GIFT SHOP, LOCATED IN THE MAIN LOBBY AT DEKALB MEDICAL HILLANDALE. THE SHOPS ARE OPERATED FOR THE COVENIENCE OF DEKALB MEDICAL CENTER PATIENTS AND THEIR FRIENDS AND FAMILY. PROCEEDS FROM THE GIFT SHOPS BENEFIT THE DEKALB MEDICA FOUNDATION.DRHS IS ACCREDITED BY THE MEDICAL ASSOCIATION OF GEORGIA TO PROVIDE CONTINUING MEDICAL EDUCATION (CME) FOR PHYSICIANS. DRHS HOSTS SEVERAL CONFERENCES PER MONTH ON VARIOUS HEALTH TOPICS. CME IS PROVIDED FOR THE BENEFIT OF DEKALB MEDICAL STAFF.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Wilson Dmc President/ceo/vice Chairman | OfficerTrustee | 2 | $30,000 |
David Jollay Chairman | OfficerTrustee | 2 | $0 |
Daniel Thompson Jr Secretary | OfficerTrustee | 2 | $0 |
Charles Clifton MD Treasurer | OfficerTrustee | 2 | $881 |
Sofia Khan Director | Trustee | 2 | $0 |
Catherine Bonk MD Director | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Chamberlin Edmonds Medicare Reimbursement Collections | 6/29/16 | $787,112 |
Navigant Consulting Consulting Services | 6/29/16 | $778,998 |
Relay Health Nursing Health Services | 6/29/16 | $683,917 |
Diversified Account Services Adjustment And Collection Services | 6/29/16 | $364,870 |
Mckenna Long And Aldridge Legal Services | 6/29/16 | $213,381 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $203,513 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $111,444 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $314,957 |
| Total Program Service Revenue | $544,781 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $3,803,267 |
| 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 | $505,046 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,262,398 |
| 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. | $30,881 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $680,973 |
| Pension plan accruals and contributions | $163,264 |
| Other employee benefits | $66,614 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $265,001 |
| Advertising and promotion | $639,827 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $493 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $627 |
| Interest | $2,297 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $76,085 |
| Insurance | $27,486 |
| All other expenses | $76,024 |
| Total functional expenses | $2,029,572 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $178,071 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $299,807 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $148,043 |
| Prepaid expenses and deferred charges | $3,417,735 |
| Net Land, buildings, and equipment | $20,823,233 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $4,563,829 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | -$19,064 |
| Total assets | $29,411,654 |
| Accounts payable and accrued expenses | $6,126,611 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $22,307,403 |
| Total liabilities | $28,434,014 |
| Unrestricted restricted net Assets | $977,640 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $977,640 |
Grants Awarded
Over the last fiscal year, Emory University has awarded $5,330,689 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
DECATUR HEALTH RESOURCES INC PURPOSE: SUPPORT FOR PATIENT CARE | $2,822,950 |
DEKALB MEDICAL CENTER INC PURPOSE: SUPPORT FOR PATIENT CARE | $2,507,739 |