Prisma Health
- Assets
- $2.7b
- Revenue
- $221.3m
- Investments
- $8.0m
- Employees
- 6,606
- Location
- Greenville, SC
- Founding
- 12/2017
- Data as of
- 09/2023
- 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 09/2023, Prisma Health employed 6,606 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 203 individual grants totaling $73,796,858. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
INSPIRE HEALTH. SERVE WITH COMPASSION. BE THE DIFFERENCE.
Describe the Organization's Program Activity:
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. PRISMA HEALTH SEEKS TO SUPPORT PRISMA HEALTH-MIDLANDS, PRISMA HEALTH-UPSTATE, AND RELATED ENTITIES IN AN EFFORT TO DEVELOP A SYSTEM THAT EFFICIENTLY AND EFFECTIVELY MEETS THE HEALTHCARE NEEDS OF THE COMMUNITY. 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 President And CEO Of Prisma Health | OfficerTrustee | 40 | $1,742,463 |
Name Not Listed Board Director (treasurer) | Trustee | 2 | $0 |
Name Not Listed Board Director (start 1/1/23) | Trustee | 2 | $0 |
Name Not Listed Board Director | Trustee | 2 | $0 |
Name Not Listed Board Director (until 12/31/22) | Trustee | 2 | $0 |
Name Not Listed Board Director (secretary) | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Epic Systems Corporation Epic Services | 9/29/23 | $27,176,857 |
Philips Healthcare Machine Maintenance | 9/29/23 | $9,959,116 |
Crothall Facilities Management Inc Healthcare Facilities Management | 9/29/23 | $15,369,145 |
Crown Health Care Laundry Serv Linen Services | 9/29/23 | $6,178,192 |
Accuity Delivery Systems Llc Financial Review Services | 9/29/23 | $5,692,395 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $15,408,142 |
| 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 | $15,408,142 |
| Total Program Service Revenue | $82,492,739 |
| Investment income | $122,749,588 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $529,526 |
| Net Gain/Loss on Asset Sales | $70,612 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $221,250,607 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $27,831,548 |
| Grants and other assistance to domestic individuals. | $589,417 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $9,358,697 |
| Compensation of current officers, directors, key employees. | $9,358,697 |
| Compensation to disqualified persons | $4,230,188 |
| Other salaries and wages | $411,049,105 |
| Pension plan accruals and contributions | $11,821,099 |
| Other employee benefits | $61,714,491 |
| Payroll taxes | $28,898,275 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,592,348 |
| Fees for services: Accounting | $3,085,886 |
| Fees for services: Lobbying | $369,860 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $119,680,518 |
| Advertising and promotion | $5,643,716 |
| Office expenses | $20,595,890 |
| Information technology | $158,247,495 |
| Royalties | $0 |
| Occupancy | $69,233,193 |
| Travel | $2,157,813 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,625,099 |
| Interest | $57,991,868 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $45,755,711 |
| Insurance | $1,139,632 |
| All other expenses | $26,817,935 |
| Total functional expenses | $148,773,700 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $168,367,384 |
| Savings and temporary cash investments | $119,934,690 |
| Pledges and grants receivable | $771,470 |
| Accounts receivable, net | $13,798,605 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $3,134 |
| Inventories for sale or use | $8,589,066 |
| Prepaid expenses and deferred charges | $49,667,164 |
| Net Land, buildings, and equipment | $262,879,247 |
| Investments—publicly traded securities | $1,724,708,505 |
| Investments—other securities | $7,978,302 |
| Investments—program-related | $0 |
| Intangible assets | $2,570,036 |
| Other assets | $333,605,418 |
| Total assets | $2,692,873,021 |
| Accounts payable and accrued expenses | $446,049,568 |
| Grants payable | $0 |
| Deferred revenue | $14,286,249 |
| Tax-exempt bond liabilities | $1,241,114,373 |
| 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 | $513,740,190 |
| Total liabilities | $2,215,190,380 |
| Net assets without donor restrictions | $477,699,453 |
| Net assets with donor restrictions | -$16,812 |
| 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 | $2,692,873,021 |
Grants Awarded
Over the last fiscal year, Prisma Health has awarded $27,701,004 in support to 45 organizations.
| Grant Recipient | Amount |
|---|---|
A CHILD'S HAVEN PURPOSE: op/community engagement | $10,000 |
AHA ECC DISTRIBUTION PURPOSE: op/community engagement | $65,000 |
ARTISPHERE PURPOSE: op/community engagement | $15,000 |
CAROLINA ALUMNI ASSOCIATION PURPOSE: op/community engagement | $10,000 |
CAROLINA TOGETHER PURPOSE: op/community engagement | $15,000 |
CENTRE STAGE PURPOSE: op/community engagement | $15,000 |