Piedmont Walton Hospital Inc
- Assets
- $55.0m
- Revenue
- $113.9m
- Investments
- $0.0
- Employees
- 520
- Location
- Monroe, GA
- Founding
- 06/2019
- Data as of
- 06/2021
- EIN
- 82-4194264
Organization Overview
Piedmont Walton Hospital Inc is located in Monroe, GA. The organization was established in 2019. According to its NTEE Classification (E20) the organization is classified as: Hospitals, under the broad grouping of Health Care and related organizations. As of 06/2021, Piedmont Walton Hospital Inc employed 520 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Piedmont Walton Hospital Inc 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 06/2021, Piedmont Walton Hospital Inc generated $113.9m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 59.4% each year . All expenses for the organization totaled $82.5m during the year ending 06/2021. While expenses have increased by 47.8% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE COMPASSIONATE AND SUSTAINABLE HEALTHCARE IN A PROGRESSIVE ENVIRONMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PIEDMONT WALTON HOSPITAL ("PWH") IS A 77-BED, NON-PROFIT HOSPITAL LOCATED IN THE CITY OF CONYERS IN WALTON COUNTY, GEORGIA. OVER 250 PRIMARY CARE AND SPECIALTY PHYSICIANS COMPRISE THE MEDICAL STAFF AND MEET THE PROFESSIONAL CLINICAL NEEDS OF CHILDREN, ADULTS, AND SENIORS WITHIN WALTON COUNTY AND THE GREATER METROPOLITAN ATLANTA MARKET, REGARDLESS OF ANY INDIVIDUAL'S ABILITY TO PAY FOR SERVICES. FOR THE YEAR ENDED JUNE 30, 2021, THE HOSPITAL HAD 3,226 IN-PATIENT ADMISSIONS WITH A TOTAL OF 12,949 DAYS OF IN-PATIENT HOSPITALIZATION. ER VISITS TOTALED 30,021 AND OUTPATIENT VISITS TOTALED 17,960. SURGICAL SERVICES WERE PROVIDED TO 2,700 PATIENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mr Larry Ebert CEO & Board Member | OfficerTrustee | 55 | $371,688 |
Mr Michael Wynne Director - Pharmacy | 40 | $171,513 | |
Ms Rose Dennis Exec. Dir. - Patient Svcs | 40 | $169,172 | |
Ms Candice Frix Cno | Officer | 55 | $152,370 |
Mr Jeffrey Braswell Dir. - Emergency Svcs | 40 | $150,209 | |
Ms Gwendolyn Lyon Rn | 40 | $129,969 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Walton Anesthesia Associates Pc Anesthesia | 6/29/21 | $836,966 |
Therapeutic Gi Associates Llc Gastroenterology Svc | 6/29/21 | $466,250 |
Hhs Environmental Services Janitorial Services | 6/29/21 | $573,680 |
Allied Universal Security Services Security Services | 6/29/21 | $431,108 |
Diversified Clinical Services Inc Healthcare Services | 6/29/21 | $255,225 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,800,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,683 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,802,683 |
| Total Program Service Revenue | $110,665,364 |
| Investment income | $7,633 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $366,536 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $113,861,474 |
| 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. | $409,257 |
| Compensation of current officers, directors, key employees. | $310,905 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $27,663,376 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $4,258,364 |
| Payroll taxes | $1,942,757 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $32,054 |
| 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 | $7,741,044 |
| Advertising and promotion | $192,804 |
| Office expenses | $4,360,687 |
| Information technology | $1,194,194 |
| Royalties | $0 |
| Occupancy | $1,781,191 |
| Travel | $29 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $838,281 |
| Payments to affiliates | $2,112,476 |
| Depreciation, depletion, and amortization | $2,026,716 |
| Insurance | $887,673 |
| All other expenses | $0 |
| Total functional expenses | $82,532,574 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $48,376,665 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | -$37,618,935 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,396,668 |
| Prepaid expenses and deferred charges | $203,326 |
| Net Land, buildings, and equipment | $23,455,107 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $19,198,935 |
| Total assets | $55,011,766 |
| Accounts payable and accrued expenses | $11,919,695 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $36,752,336 |
| 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 | $11,485,194 |
| Total liabilities | $60,157,225 |
| Net assets without donor restrictions | -$5,142,900 |
| Net assets with donor restrictions | -$2,559 |
| 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 | $55,011,766 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
East Carolina Health Greenville, NC | $372,124,980 | $578,861,650 |
Memorial Health Systems Inc Daytona Beach, FL | $611,778,295 | $526,048,604 |
Tanner Medical Center Inc Carrollton, GA | $1,025,880,697 | $412,043,057 |
Fort Sanders Regional Medical Center Knoxville, TN | $273,614,041 | $362,235,984 |
West Kendall Baptist Hospital Inc Miami, FL | $288,007,221 | $375,374,668 |
Tanner Medical Center Carrollton, GA | $469,761,069 | $338,508,721 |
Houston Hospitals Inc Warner Robins, GA | $374,033,073 | $309,918,266 |
Mcleod Loris Seacoast Hospital Florence, SC | $286,762,564 | $256,161,538 |
West Georgia Medical Center Inc Marietta, GA | $243,101,632 | $237,917,313 |
Florida Hospital Healthcare Partners Inc Ormond Beach, FL | $26,889,759 | $192,832,663 |
Waccamaw Community Hospital Georgetown, SC | $320,687,965 | $208,425,565 |
Viera Hospital Inc Rockledge, FL | $296,417,064 | $158,671,950 |