Prisma Health
- Assets
- $2.7b
- Revenue
- $151.7m
- Investments
- $145.4k
- Employees
- 3,045
- Location
- Greenville, SC
- Founding
- 12/2017
- Data as of
- 09/2020
- EIN
- 82-2595551
Organization Overview
Prisma Health is located in Greenville, SC. The organization was established in 2017. 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 09/2021, Prisma Health employed 3,045 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Prisma Health is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2021, Prisma Health has awarded 64 individual grants totaling $2,065,505. 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
2020
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
SEE SCHEDULE O
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark S O'halla President And CEO Of Prisma Health | OfficerTrustee | 40 | $1,560,326 |
Gregory J Rusnak Evp Chief Operating Officer | Officer | 40 | $1,154,593 |
Howard P West Evp Chief Legal Officer | Officer | 40 | $1,049,058 |
Angelo Sinopoli MD Evp Chief Clinical Officer | Officer | 40 | $1,016,868 |
Amy Linsin Evp Chief Hr And Diversity Officer | Officer | 40 | $849,830 |
Michael T Burke Evp Chief Financial Officer | Officer | 40 | $801,170 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Carolina Care Pa Emergency Care Physicians | 9/29/21 | $22,976,594 |
Qualivis Llc Clinical Staffing Services | 9/29/21 | $22,577,671 |
Management Services Of Imag Inc Management Contract Fees | 9/29/21 | $24,327,398 |
Kpmg Llp Consulting Services | 9/29/21 | $11,232,507 |
Gene Affect Llc Lab Services | 9/29/21 | $9,711,128 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Investment income | $151,785,524 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $39,849 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $151,725,809 |
| Statement of Expenses | |
|---|---|
| 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. | $5,075,961 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $9,235,632 |
| Pension plan accruals and contributions | $665,115 |
| Other employee benefits | -$734,875 |
| Payroll taxes | $248,511 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,411,622 |
| Fees for services: Accounting | $494,278 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $17,457,056 |
| Advertising and promotion | $67,094 |
| Office expenses | $14,202,579 |
| Information technology | $20,122,492 |
| Royalties | $0 |
| Occupancy | $1,847 |
| Travel | $114,427 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,269,295 |
| Insurance | $705,863 |
| All other expenses | $0 |
| Total functional expenses | $116,575,850 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $164,172,971 |
| Savings and temporary cash investments | $348,914,918 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $16,389,659 |
| Investments—publicly traded securities | $1,971,270,197 |
| Investments—other securities | $145,436 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $117,489,940 |
| Total assets | $2,651,815,671 |
| Accounts payable and accrued expenses | $109,660,942 |
| Grants payable | $0 |
| Deferred revenue | $1,283,129 |
| Tax-exempt bond liabilities | $936,886,837 |
| 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 | $702,504,235 |
| Total liabilities | $1,750,335,143 |
| Net assets without donor restrictions | $0 |
| 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 | $901,480,528 |
Grants Awarded
Over the last fiscal year, Prisma Health has awarded $2,065,505 in support to 64 organizations.
| Grant Recipient | Amount |
|---|---|
Washington, DC PURPOSE: OPERATIONAL/COMMUNITY ENGAGEMENT | $655,000 |
GREENVILLE COUNTY REC PURPOSE: OPERATIONAL/COMMUNITY ENGAGEMENT | $150,000 |
Seneca, SC PURPOSE: OPERATIONAL/COMMUNITY ENGAGEMENT | $100,000 |
Greenville, SC PURPOSE: OPERATIONAL/COMMUNITY ENGAGEMENT | $100,000 |
Greenville, SC PURPOSE: OPERATIONAL/COMMUNITY ENGAGEMENT | $80,000 |
IMARA COMMUNICATIONS GROUP INC PURPOSE: OPERATIONAL/COMMUNITY ENGAGEMENT | $60,000 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Prisma Health has recieved totaling $182,399.
| Awarding Organization | Amount |
|---|---|
Challenge To Conquer Cancer Greenville, SC PURPOSE: CANCER RESEARCH | $112,500 |
Dabos All In Team Clemson, SC PURPOSE: TO SUPPORT THE ACTIVITIES OF THE ORGANIZATION. | $30,000 |
American Cancer Society Inc Kennesaw, GA PURPOSE: Patient Support | $17,500 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $14,290 |
Driven Brands Charitable Foundation Charlotte, NC PURPOSE: CHARITABLE ASSISTANCE | $7,975 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $134 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Floyd Healthcare Management Inc Rome, GA | $548,593,704 | $501,302,033 |
Northeast Georgia Physicians Group Inc Gainesville, GA | $36,837,609 | $215,954,168 |
Mcleod Health Florence, SC | $136,994,943 | $254,765,554 |
Southeastern Regional Medical Center Lumberton, NC | $385,532,976 | $242,647,882 |
Piedmont Healthcare Inc Atlanta, GA | $1,865,070,040 | $207,681,365 |
Navicent Health Inc Macon, GA | $383,086,657 | $138,628,462 |
Roper St Francis Healthcare Ladson, SC | $1,586,496,550 | $128,168,490 |
Moses Cone Affiliated Physicians Inc Greensboro, NC | $47,445,298 | $123,595,206 |
University Health Incoporated Augusta, GA | $79,627,857 | $93,887,435 |
Prisma Health Greenville, SC | $2,651,815,671 | $151,725,809 |
North Carolina Community Carenetworks Inc Cary, NC | $71,055,528 | $122,918,658 |
Georgetown Hospital System Georgetown, SC | $75,419,606 | $78,168,035 |