Emory
- Assets
- $367.1m
- Revenue
- $3.2b
- Investments
- $0.0
- Employees
- 27,971
- Location
- Atlanta, GA
- Founding
- 06/2011
- Data as of
- 08/2021
- EIN
- 90-0790361
Organization Overview
Emory is located in Atlanta, GA. The organization was established in 2011. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. As of 08/2021, Emory employed 27,971 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Emory 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 08/2021, Emory generated $3.2b in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 11.9% each year . All expenses for the organization totaled $3.4b during the year ending 08/2021. While expenses have increased by 11.4% per year over the past 6 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
COORDINATED INTEGRATED HEALTH SYSTEM SEE SCHEDULE O.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE EMORY CLINIC, INC. SEE SCHEDULE O.
EMORY/SAINT JOSEPH'S, INC. SEE SCHEDULE O.
DEKALB HOSPITALS. SEE SCHEDULE O.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul J Chai MD Physician | 60 | $2,005,777 | |
Faiz U Ahmad MD Physician | 60 | $1,977,441 | |
Jonathan S Lewin MD See Sch J Part Iii | OfficerTrustee | 5 | $1,775,104 |
Shervin Oskouei MD Physician | 60 | $1,680,148 | |
Dan Refai MD Physician | 60 | $1,615,131 | |
Dane Peterson Bd Member (esj,drhs) | Trustee | 34 | $1,596,549 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Dpr Construction Construction | 8/30/21 | $33,624,597 |
Amn Healthcare Healthcare Prof Svc | 8/30/21 | $25,581,002 |
Edc Operating Llc Healthcare Prof Svc | 8/30/21 | $17,552,888 |
Epic Systems Corporation Healthcare Prof Svc | 8/30/21 | $13,286,785 |
Structor Group Construction | 8/30/21 | $8,757,183 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $446,797 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $297,817 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $744,614 |
| Total Program Service Revenue | $3,056,921,442 |
| Investment income | $6,254,823 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $3,249,358,475 |
| 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. | $41,295,922 |
| Compensation of current officers, directors, key employees. | $545,562 |
| Compensation to disqualified persons | $9,838,965 |
| Other salaries and wages | $1,620,861,927 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $333,778,565 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,850,249 |
| Fees for services: Accounting | $846,914 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $67,438,306 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $179,036,192 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $16,391,052 |
| Payments to affiliates | $411,123,556 |
| Depreciation, depletion, and amortization | $77,200,309 |
| Insurance | -$4,774,931 |
| All other expenses | -$135,108,878 |
| Total functional expenses | $3,420,609,444 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$1,391,937,455 |
| Savings and temporary cash investments | $159,260,783 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $285,108,745 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $10,247,973 |
| Prepaid expenses and deferred charges | $19,817,543 |
| Net Land, buildings, and equipment | $911,702,129 |
| Investments—publicly traded securities | $51,134,865 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $321,732,754 |
| Total assets | $367,067,337 |
| Accounts payable and accrued expenses | $352,781,304 |
| Grants payable | $0 |
| Deferred revenue | $75,924,163 |
| Tax-exempt bond liabilities | $0 |
| 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 | $955,424,899 |
| Total liabilities | $1,384,130,366 |
| Net assets without donor restrictions | -$1,039,087,204 |
| Net assets with donor restrictions | $22,024,175 |
| 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 | $367,067,337 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Emory has recieved totaling $2,000.
| Awarding Organization | Amount |
|---|---|
Deville Foundation Inc Marietta, GA PURPOSE: UNRESTRICTED | $2,000 |
Endowment Analysis
| Beg. Balance | $1,358,671 |
| Net Contributions | $384,099 |
| Ending Balance | $1,742,770 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Nova Southeastern University Inc Fort Lauderdale, FL | $1,812,347,063 | $836,787,691 |
Wake Forest University Winstonsalem, NC | $2,570,183,256 | $681,736,258 |
Emory University Decatur, GA | $308,834,835 | $526,678,235 |
Embry-Riddle Aeronautical Daytona Beach, FL | $1,265,271,185 | $616,318,485 |
Savannah College Of Art And Design Inc Savannah, GA | $1,297,162,714 | $587,003,201 |
The Corporation Of Mercer University Macon, GA | $975,470,567 | $444,048,225 |
University Of Tampa Tampa, FL | $995,322,258 | $426,783,303 |
Belmont University Nashville, TN | $1,474,473,117 | $464,356,154 |
Elon University Elon, NC | $1,076,200,947 | $374,224,853 |
Stetson University Inc DeLand, FL | $684,046,890 | $288,494,091 |
Samford University Birmingham, AL | $801,305,714 | $280,325,292 |
Campbell University Inc Buies Creek, NC | $678,742,436 | $263,777,466 |