Prisma Health-Midlands
- Assets
- $1.2b
- Revenue
- $1.5b
- Investments
- $2.7m
- Employees
- 10,161
- Location
- Greenville, SC
- Founding
- 02/1997
- Data as of
- 09/2022
- EIN
- 58-2296052
Organization Overview
Prisma Health-Midlands is located in Greenville, SC. The organization was established in 1997. According to its NTEE Classification (E21) the organization is classified as: Community Health Systems, under the broad grouping of Health Care and related organizations. As of 09/2023, Prisma Health-Midlands employed 10,161 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Prisma Health-Midlands 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, Prisma Health-Midlands generated $1.5b in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.8%) each year. All expenses for the organization totaled $1.5b during the year ending 09/2022. As we would expect to see with falling revenues, expenses have declined by (2.7%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Prisma Health-Midlands has awarded 174 individual grants totaling $11,620,881. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
INSPIRE HEALTH. SERVE WITH COMPASSION. BE THE DIFFERENCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRISMA HEALTH WAS FORMED TO CREATE A BETTER STATE OF HEALTH FOR SOUTH CAROLINA. PRISMA HEALTH IS STRIVING TO REACH THAT GOAL BY PROVIDING HIGH QUALITY PATIENT CARE, DECREASING HEALTH DISPARITIES, REMOVING ACCESS BARRIERS, DEVELOPING NEW CLINICAL SERVICES AND ACADEMIC PROGRAMS, SHAPING HEALTH POLICY, AND ADDRESSING HEALTHCARE AFFORDABILITY. PLEASE READ THE ANNUAL REPORT FOR MORE DETAIL ABOUT NEW AND EXPANDED SERVICES AND INNOVATIVE COLLABORATIONS AT THIS WEBSITE: HTTPS://WWW.PRISMAHEALTH.ORG/PDFS/HIGHLIGHTS-AND-STATISTICS-REPORT-FY-2023
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Director | Trustee | 1 | $0 |
Name Not Listed Director | Trustee | 1 | $0 |
Name Not Listed Chair (until 12/31/22) | Trustee | 1 | $0 |
Name Not Listed Director (until 12/31/22) | Trustee | 1 | $0 |
Name Not Listed Director | Trustee | 1 | $0 |
Name Not Listed Secretary/treasurer (start 1/1/23) | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Qualivis Llc Clinical Staffing Services | 9/29/23 | $78,479,301 |
Laboratory Corp Lab Services | 9/29/23 | $17,734,125 |
Allied Universal Security Services Security Services | 9/29/23 | $7,287,833 |
Lutheran Homes Of Sc Inc Assistance Living Services For Psc | 9/29/23 | $4,136,428 |
Total Renal Care Inc Dialysis Services | 9/29/23 | $3,464,108 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $1,552,785 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,919,465 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,472,250 |
| Total Program Service Revenue | $1,467,265,578 |
| Investment income | $1 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $17,004,814 |
| Net Gain/Loss on Asset Sales | $24,144 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,493,017,048 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,263,479 |
| 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. | $261,900 |
| Compensation of current officers, directors, key employees. | $261,900 |
| Compensation to disqualified persons | $47,871 |
| Other salaries and wages | $547,311,386 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $117,502,820 |
| Payroll taxes | $9 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,751 |
| Fees for services: Accounting | $75 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $154,365,954 |
| Advertising and promotion | $0 |
| Office expenses | $2,579,334 |
| Information technology | $3,546,496 |
| Royalties | $0 |
| Occupancy | $84,893,071 |
| Travel | $1,642,547 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $832,482 |
| Interest | $2,088,340 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $44,608,837 |
| Insurance | $8,020,599 |
| All other expenses | $7,204,905 |
| Total functional expenses | $1,464,039,776 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$624,008 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,674,991 |
| Accounts receivable, net | $282,002,268 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $3,305 |
| Inventories for sale or use | $33,213,503 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $464,127,927 |
| Investments—publicly traded securities | $102,249 |
| Investments—other securities | $2,707,216 |
| Investments—program-related | $34,638,948 |
| Intangible assets | $0 |
| Other assets | $380,888,682 |
| Total assets | $1,198,735,081 |
| Accounts payable and accrued expenses | $96,221,225 |
| Grants payable | $0 |
| Deferred revenue | $5,800,132 |
| Tax-exempt bond liabilities | $119,501,118 |
| 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 | $134,463,543 |
| Total liabilities | $355,986,018 |
| Net assets without donor restrictions | $807,530,446 |
| Net assets with donor restrictions | $35,218,617 |
| 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 | $1,198,735,081 |
Grants Awarded
Over the last fiscal year, Prisma Health-Midlands has awarded $745,000 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
PRISMA HEALTH CARE AND CONDITION MANAGEMENT TEAM COLUMBIA HOUSING AUTHORITY PURPOSE: Operational/Community Engagement | $45,000 |
FACT FORWARD PURPOSE: Operational/Community Engagement | $10,000 |
FAMILY CONNECTION OF SC PURPOSE: Operational/Community Engagement | $15,000 |
FOODSHARE SC PURPOSE: Operational/Community Engagement | $50,000 |
THE GOOD SAMARITAN CLINIC PURPOSE: Operational/Community Engagement | $20,000 |
JAMES R CLARK SICKLE CELL FOUNDATION PURPOSE: Operational/Community Engagement | $40,000 |