Tennessee Hospital Association
- Assets
- $52.6m
- Revenue
- $16.5m
- Investments
- $5.4m
- Employees
- 79
- Location
- Brentwood, TN
- Founding
- 10/1948
- Data as of
- 12/2022
- EIN
- 62-0534232
Organization Overview
Tennessee Hospital Association is located in Brentwood, TN. The organization was established in 1948. According to its NTEE Classification (E03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Health Care and related organizations. As of 12/2022, Tennessee Hospital Association employed 79 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tennessee Hospital Association is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2022, Tennessee Hospital Association generated $16.5m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $14.1m during the year ending 12/2022. While expenses have increased by 2.2% per year over the past 4 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 2020, Tennessee Hospital Association has awarded 136 individual grants totaling $6,444,374. 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
THE MISSION OF THE ORGANIZATION IS TO LEAD OUR MEMBERS IN ADVOCACY FOR AND SUPPORT OF COMMUNITY-BASED HOSPITALS AND HEALTH SYSTEMS AND TO ASSIST THEM IN DELIVERING ACCESSIBLE, COST-EFFECTIVE, QUALITY HEALTH SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE TENNESSEE HOSPITAL ASSOCIATION, ESTABLISHED IN 1938 AS A NOT-FOR-PROFIT MEMBERSHIP ASSOCIATION, SERVES AS AN ADVOCATE FOR HOSPITALS, HEALTH SYSTEMS AND OTHER HEALTHCARE ORGANIZATIONS AND THE PATIENTS THEY SERVE. IT ALSO PROVIDES EDUCATION AND INFORMATION FOR ITS MEMBERS, AND INFORMS THE PUBLIC ABOUT HOSPITALS AND HEALTHCARE ISSUES AT THE STATE AND NATIONAL LEVELS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul Korth Board Of Directors | Trustee | 0.1 | $0 |
Matthew Schaefer Board Of Directors | Trustee | 0.1 | $0 |
Jason Little Imm. Past Chair | Trustee | 0.1 | $0 |
Barry Bondurant Board Of Directors | Trustee | 0.1 | $0 |
Wright Pinson MD Board Of Directors | Trustee | 0.1 | $0 |
Marvin Eichorn Board Of Directors | Trustee | 0.1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Audacious Inquiry Llc Computer Svcs | 12/30/22 | $602,589 |
Hosp Industry Data Institute Computer Svcs | 12/30/22 | $211,162 |
Ecri Institute Computer Svcs | 12/30/22 | $135,961 |
Redpepper Llc Employee Recruitment | 12/30/22 | $145,000 |
Ddc Public Affairs Consulting Services | 12/30/22 | $111,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,980,404 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,980,404 |
| Total Program Service Revenue | $11,506,908 |
| Investment income | $922,642 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $61,633 |
| Net Gain/Loss on Asset Sales | $101,326 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $16,518,211 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,531,058 |
| Grants and other assistance to domestic individuals. | $45,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,793,880 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,443,776 |
| Pension plan accruals and contributions | $413,892 |
| Other employee benefits | $0 |
| Payroll taxes | $369,464 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $75,024 |
| Fees for services: Lobbying | $14,107 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,470,725 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $1,174,334 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $303,189 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $90,757 |
| Interest | $5,599 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $273,361 |
| Insurance | $832,815 |
| All other expenses | $213,657 |
| Total functional expenses | $14,066,300 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $3,684,873 |
| Pledges and grants receivable | $284,347 |
| Accounts receivable, net | $917,052 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $258,847 |
| Net Land, buildings, and equipment | $6,573,134 |
| Investments—publicly traded securities | $35,451,010 |
| Investments—other securities | $5,396,856 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $52,566,119 |
| Accounts payable and accrued expenses | $2,773,944 |
| Grants payable | $0 |
| Deferred revenue | $543,910 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $223,265 |
| 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 | $0 |
| Total liabilities | $3,541,119 |
| Net assets without donor restrictions | $49,025,000 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $52,566,119 |
Grants Awarded
Over the last fiscal year, Tennessee Hospital Association has awarded $1,498,994 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
BAPTIST MEMORIAL HOSPITAL - MEMPHIS PURPOSE: HEALTHCARE SUPPORT GRANT | $15,000 |
BRISTOL REGIONAL MEDIAL CENTER PURPOSE: HEALTHCARE SUPPORT GRANT | $15,000 |
EAST TENNESSEE CHILDRENS HOSPITAL PURPOSE: HEALTHCARE SUPPORT GRANT | $44,219 |
CLAIBORNE MEDICAL CENTER PURPOSE: HEALTHCARE SUPPORT GRANT | $15,000 |
HOLSTON VALLEY MEDICAL CENTER PURPOSE: HEALTHCARE SUPPORT GRANT | $15,000 |
JACKSON-MADISON COUNTY GENERAL HOSPITAL PURPOSE: HEALTHCARE SUPPORT GRANT | $334,750 |