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Nonprofiteer
← PIEDMONT HEALTHCARE INC

Form 990 for tax year 2023

Filed by PIEDMONT HEALTHCARE INC.

Totals

Total revenue
$1,685,342,267
Total expenses
$1,468,034,906
Contributions and grants received
$690,896
Grants paid
$0
Program service revenue
$1,658,796,248
Investment income
$2,211,051
Other revenue
$23,644,072
Total assets, end of year
$2,233,352,117
Total liabilities, end of year
$938,737,837
Net assets or fund balances, end of year
$1,294,614,280
Program services expenses (Part IX)
$1,304,506,496
Management and general expenses
$163,528,410
Fundraising expenses
$0
Program service expenses (Part III)
$1,304,506,496

Program services were 88.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $690,896

  • 2a · Program service revenue: HEALTHCARE SERVICES

    total $1,644,594,207 · related or exempt $1,644,594,207 · unrelated business $0 · excluded $0

  • 2b · Program service revenue: LAB REVENUE

    total $5,861,762 · related or exempt $3,173,573 · unrelated business $2,688,189 · excluded $0

  • 2c · Program service revenue: PARKING REVENUE

    total $4,723,360 · related or exempt $0 · unrelated business $0 · excluded $4,723,360

  • 2d · Program service revenue: OTHER OPERATING REVENUE

    total $312,077 · related or exempt $312,077 · unrelated business $0 · excluded $0

  • 2e · Program service revenue: GEORGIA STRONG

    total $3,304,842 · related or exempt $3,304,842 · unrelated business $0 · excluded $0

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $3,037,411 · related or exempt $0 · unrelated business $1,886,519 · excluded $1,150,892

  • 6a · Gross rents

    real property $18,487,804 · personal property $0

  • 6b · Less rental expenses

    real property $16,241 · personal property $0

  • 6c · Rental income or loss

    real property $18,471,563 · personal property $0

  • 6d · Net rental income or loss

    total $18,471,563 · related or exempt $0 · unrelated business $105,569 · excluded $18,365,994

  • 7a · Gross sales of assets other than inventory

    securities $0 · other assets $48,436

  • 7b · Less cost or other basis and sales expenses

    securities $0 · other assets $874,796

  • 7c · Gain or loss

    securities $0 · other assets -$826,360

  • 7d · Net gain or loss

    total -$826,360 · related or exempt $0 · unrelated business $0 · excluded -$826,360

  • 11a · Other revenue: CAFETERIA

    total $2,490,526 · related or exempt $0 · unrelated business $0 · excluded $2,490,526

  • 11b · Other revenue: FITNESS CENTER

    total $949,678 · related or exempt $0 · unrelated business $0 · excluded $949,678

  • 11c · Other revenue: RESEARCH

    total $826,020 · related or exempt $826,020 · unrelated business $0 · excluded $0

  • 11d · All other revenue

    total $906,285 · related or exempt $906,285 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $5,172,509

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $2,597,753 · program services $2,447,343 · management and general $150,410 · fundraising $0

  • 7 · Other salaries and wages

    total $347,545,587 · program services $327,422,698 · management and general $20,122,889 · fundraising $0

  • 9 · Other employee benefits

    total $56,601,915 · program services $53,324,664 · management and general $3,277,251 · fundraising $0

  • 10 · Payroll taxes

    total $22,679,093 · program services $21,365,973 · management and general $1,313,120 · fundraising $0

  • 11a · Fees: management

    total $1,697,292 · program services $0 · management and general $1,697,292 · fundraising $0

  • 11b · Fees: legal

    total $157,419 · program services $0 · management and general $157,419 · fundraising $0

  • 11g · Fees: other

    total $163,158,122 · program services $152,913,951 · management and general $10,244,171 · fundraising $0

  • 12 · Advertising and promotion

    total $2,840,541 · program services $2,130,406 · management and general $710,135 · fundraising $0

  • 13 · Office expenses

    total $59,477,856 · program services $59,188,212 · management and general $289,644 · fundraising $0

  • 14 · Information technology

    total $20,577,569 · program services $15,433,177 · management and general $5,144,392 · fundraising $0

  • 16 · Occupancy

    total $27,704,084 · program services $22,963,103 · management and general $4,740,981 · fundraising $0

  • 17 · Travel

    total $230,120 · program services $205,073 · management and general $25,047 · fundraising $0

  • 20 · Interest

    total $26,923,456 · program services $0 · management and general $26,923,456 · fundraising $0

  • 21 · Payments to affiliates

    total $32,318,747 · program services $0 · management and general $32,318,747 · fundraising $0

  • 22 · Depreciation, depletion and amortization

    total $69,636,238 · program services $52,227,178 · management and general $17,409,060 · fundraising $0

  • 23 · Insurance

    total $9,832,391 · program services $0 · management and general $9,832,391 · fundraising $0

  • 24a · Other expenses: MEDICAL SUPPLIES AND DRUGS

    total $378,193,778 · program services $378,193,778 · management and general $0 · fundraising $0

  • 24b · Other expenses: BAD DEBT EXPENSE

    total $147,425,916 · program services $147,425,916 · management and general $0 · fundraising $0

  • 24c · Other expenses: INTERCOMPANY ALLOCATION

    total $62,113,545 · program services $37,268,127 · management and general $24,845,418 · fundraising $0

  • 24d · Other expenses: GA PROVIDER FEE

    total $16,301,595 · program services $16,301,595 · management and general $0 · fundraising $0

  • 24e · All other expenses

    total $20,021,889 · program services $15,695,302 · management and general $4,326,587 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $32,512,286 · end of year $33,862,067

  • 3 · Pledges and grants receivable

    beginning of year $7,310,795 · end of year $4,460,179

  • 4 · Accounts receivable

    beginning of year $306,923,509 · end of year $226,751,024

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 8 · Inventories for sale or use

    beginning of year $29,886,462 · end of year $33,726,534

  • 9 · Prepaid expenses and deferred charges

    beginning of year $6,627,279 · end of year $7,395,285

  • 10a · Land, buildings and equipment: cost or other basis

    $1,665,387,453

  • 10b · Land, buildings and equipment: accumulated depreciation

    $966,343,277

  • 10c · Land, buildings and equipment, net

    beginning of year $721,628,311 · end of year $699,044,176

  • 11 · Investments: publicly traded securities

    beginning of year $1,078,182,531 · end of year $1,182,836,948

  • 12 · Investments: other securities

    beginning of year $7,494,772 · end of year $7,104,272

  • 13 · Investments: program-related

    beginning of year $0

  • 14 · Intangible assets

    beginning of year $22,105,555 · end of year $22,054,273

  • 15 · Other assets

    beginning of year $15,656,956 · end of year $16,117,359

  • 17 · Accounts payable and accrued expenses

    beginning of year $122,006,514 · end of year $140,131,489

  • 20 · Tax-exempt bond liabilities

    beginning of year $649,945,382 · end of year $640,330,585

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $34,886,023 · end of year $34,322,524

  • 25 · Other liabilities

    beginning of year $107,060,067 · end of year $123,953,239

  • 27 · Net assets without donor restrictions

    beginning of year $1,254,593,927 · end of year $1,234,486,730

  • 28 · Net assets with donor restrictions

    beginning of year $59,836,543 · end of year $60,127,550

Mission and programs · 2023

Mission

TO PROVIDE HEALTHCARE MARKED BY COMPASSION AND SUSTAINABLE EXCELLENCE IN A PROGRESSIVE ENVIRONMENT, GUIDED BY PHYSICIANS, DELIVERED BY EXCEPTIONAL PROFESSIONALS, AND INSPIRED BY THE COMMUNITIES WE SERVE.

Activities or mission (Part I)

TO PROVIDE COMPASSIONATE AND SUSTAINABLE HEALTHCARE IN A PROGRESSIVE ENVIRONMENT.

  • PIEDMONT HOSPITAL ("PH") IS A 771-BED FACILITY THAT HAS BEEN SERVING THE CITY OF ATLANTA IN FULTON COUNTY, GEORGIA, FOR MORE THAN A CENTURY. OVER 1,000 PRIMARY CARE AND SPECIALTY PHYSICIANS ON THE MEDICAL STAFF MEET THE PROFESSIONAL CLINICAL NEEDS OF CHILDREN, ADULTS, AND SENIORS WITHIN THE CITY AND THE GREATER METROPOLITAN ATLANTA MARKET, REGARDLESS OF ANY INDIVIDUAL'S ABILITY TO PAY FOR SERVICES. FOR THE YEAR ENDED JUNE 30, 2024, THE HOSPITAL HAD 29,825 IN-PATIENT ADMISSIONS WITH A TOTAL OF 172,826 DAYS OF IN-PATIENT HOSPITALIZATION. ER VISITS TOTALED 66,398 AND OUTPATIENT VISITS TOTALED 348,422. SURGICAL SERVICES WERE PROVIDED TO 26,654 PATIENTS.

    Expenses $1,304,506,496 · Revenue $1,660,528,553

As filed on the 2023 return.

Listed in Part VII

  • DR PATRICK BATTEY

    CEO & BOARD MEMBER

    Total calculated
    $1,511,519
    From this org
    $1,477,293
    From related orgs
    $0
    Other
    $34,226
    Hours/week
    53 + 2 related

    Schedule J breakdown matched by us

    Base
    $791,328
    Bonus
    $447,537
    Other
    $238,428
    Deferred
    $19,800
    Nontaxable benefits
    $14,426
    Filer's total
    $1,511,519

  • MS LILA HERTZ

    BOARD MEMBER/CHAIR

    Total calculated
    $0
    Hours/week
    1

  • DR ADAM NOWLAN

    BOARD MEMBER

    Total calculated
    $13,638
    From this org
    $0
    From related orgs
    $13,638
    Other
    $0
    Hours/week
    1

  • DR BRIAN THOMAS

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • DR CHRISTINE ZURAWSKI

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • DR JOHN DALTON

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • DR RASHAD RICHEY

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • DR ROBERT MILLER

    BOARD MEMBER

    Total calculated
    $583,268
    From this org
    $0
    From related orgs
    $545,983
    Other
    $37,285
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $408,635 related
    Bonus
    $0 + $105,322 related
    Other
    $0 + $32,026 related
    Deferred
    $0 + $19,800 related
    Nontaxable benefits
    $0 + $17,485 related
    Filer's total
    $0 + $583,268 related

  • DR XAVIER DURALDE

    BOARD MEMBER

    Total calculated
    $40,062
    From this org
    $11,613
    From related orgs
    $28,449
    Other
    $0
    Hours/week
    1 + 20 related

  • MR ANDY MCGHEE

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • MR BERT LEVY

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • MR BRETT SAMSKY

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • MR KEVIN BROWN

    BOARD MEMBER & CEO, PHC

    Total calculated
    $4,078,789
    From this org
    $0
    From related orgs
    $4,033,957
    Other
    $44,832
    Hours/week
    1 + 54 related

    Schedule J breakdown matched by us

    Base
    $0 + $1,907,322 related
    Bonus
    $0 + $1,442,934 related
    Other
    $0 + $683,701 related
    Deferred
    $0 + $19,800 related
    Nontaxable benefits
    $0 + $25,032 related
    Filer's total
    $0 + $4,078,789 related

  • MR WILLIAM SHAHEEN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • MS KATHIE MCCLURE

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • MR THOMAS ARNOLD

    TREASURER/CFO PHC

    Total calculated
    $1,307,608
    From this org
    $0
    From related orgs
    $1,268,098
    Other
    $39,510
    Hours/week
    1 + 54 related

    Schedule J breakdown matched by us

    Base
    $0 + $711,656 related
    Bonus
    $0 + $360,250 related
    Other
    $0 + $196,192 related
    Deferred
    $0 + $19,800 related
    Nontaxable benefits
    $0 + $19,710 related
    Filer's total
    $0 + $1,307,608 related

  • MS ELIZABETH LEDDY

    SECRETARY/CLO PHC

    Total calculated
    $1,204,873
    From this org
    $0
    From related orgs
    $1,164,523
    Other
    $40,350
    Hours/week
    1 + 54 related

    Schedule J breakdown matched by us

    Base
    $0 + $612,535 related
    Bonus
    $0 + $395,529 related
    Other
    $0 + $156,459 related
    Deferred
    $0 + $19,800 related
    Nontaxable benefits
    $0 + $20,550 related
    Filer's total
    $0 + $1,204,873 related

  • MR JOSHUA ROBERTS

    COO

    Total calculated
    $508,070
    From this org
    $478,849
    From related orgs
    $0
    Other
    $29,221
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $366,019
    Bonus
    $101,916
    Other
    $10,914
    Deferred
    $19,348
    Nontaxable benefits
    $9,873
    Filer's total
    $508,070

  • MS SHERYL KLINK

    CFO

    Total calculated
    $678,124
    From this org
    $633,292
    From related orgs
    $0
    Other
    $44,832
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $470,502
    Bonus
    $134,902
    Other
    $27,888
    Deferred
    $19,800
    Nontaxable benefits
    $25,032
    Filer's total
    $678,124

  • MR ANDY JAFFAL

    CMO

    Total calculated
    $723,053
    From this org
    $678,221
    From related orgs
    $0
    Other
    $44,832
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $429,501
    Bonus
    $123,469
    Other
    $125,251
    Deferred
    $19,800
    Nontaxable benefits
    $25,032
    Filer's total
    $723,053

  • MR JOSEPH SPRINKLE

    VP IMAGING SVCS SYSTEM

    Total calculated
    $316,977
    From this org
    $292,292
    From related orgs
    $0
    Other
    $24,685
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $242,436
    Bonus
    $43,288
    Other
    $6,568
    Deferred
    $15,030
    Nontaxable benefits
    $9,655
    Filer's total
    $316,977

  • MS GABRIELLA WHEELER

    DIR. - TRANSPLANT IMMUNOLOGY

    Total calculated
    $359,953
    From this org
    $319,945
    From related orgs
    $0
    Other
    $40,008
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $278,300
    Bonus
    $32,787
    Other
    $8,858
    Deferred
    $19,800
    Nontaxable benefits
    $20,208
    Filer's total
    $359,953

  • MS HARRIET WELLS

    MGR. - REGIONAL PHYSICS

    Total calculated
    $341,914
    From this org
    $314,106
    From related orgs
    $0
    Other
    $27,808
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $292,990
    Bonus
    $16,641
    Other
    $4,475
    Deferred
    $18,179
    Nontaxable benefits
    $9,629
    Filer's total
    $341,914

  • MS KELLY HULSEY

    CNO (UNTIL 4/2023)

    Total calculated
    $806,323
    From this org
    $785,118
    From related orgs
    $0
    Other
    $21,205
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $229,369
    Bonus
    $77,762
    Other
    $477,987
    Deferred
    $15,165
    Nontaxable benefits
    $6,040
    Filer's total
    $806,323

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 1a · Discretionary spending account
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 7 · Other non-fixed payments

Answered no

  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Schedule J, Part I, Line 1a Discretionary spending account
DR. PATRICK BATTEY, THOMAS ARNOLD, AND ELIZABETH LEDDY RECEIVED A DISCRETIONARY SPENDING ACCOUNT TOTALING $12,000, A FIXED AMOUNT DETERMINED BY THEIR JOB LEVEL. KEVIN BROWN RECEIVED A DISCRETIONARY SPENDING AMOUNT TOTALING $37,700. THIS SPENDING ACCOUNT WAS INCLUDED IN THEIR TAXABLE WAGES.
Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation
THE COMPENSATION FOR THE PRESIDENT/CEO OF PIEDMONT HOSPITAL IS SET BY THE ENTITY'S PARENT, PIEDMONT HEALTHCARE, INC. PLEASE SEE THE SCHEDULE O NARRATIVE FOR FORM 990, PART VI, SECTION B, LINE 15A & 15B FOR ADDITIONAL INFORMATION.
Schedule J, Part I, Line 4a Severance or change-of-control payment
KELLY HULSEY RECEIVED A SEVERANCE PAYMENT DURING CALENDAR YEAR 2023 IN THE AMOUNT OF $469,133.
Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan
THE FOLLOWING INDIVIDUALS RECEIVED PAYMENTS FROM THEIR SUPPLEMENTAL EXECUTIVE RETIREMENT PLANS: KEVIN BROWN $462,723 PATRICK BATTEY $120,006 THOMAS ARNOLD $107,975 ELIZABETH LEDDY $93,683
Schedule J, Part I, Line 7 Non-fixed payments
CERTAIN EMPLOYEES PARTICIPATED IN AN "ANNUAL INCENTIVE PLAN" UNDER WHICH THEY RECEIVED NON-FIXED PAYMENTS BASED ON JOB LEVEL AND SEVERAL DIFFERENT PERFORMANCE METRICS.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • CTMR MANAGEMENT LLC

    MEDICAL · GA · income $0 · assets $0

    Directly controlled by PH

  • PCL-II LLC

    MEDICAL · GA · income $0 · assets $0

    Directly controlled by PH

  • CCA OF ATLANTA LLC

    MEDICAL · DE · income $0 · assets $0

    Directly controlled by PH

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

Provenance

Return type
form_990
Tax year
2023
Filed
15 May 2025
IRS schema version
2023v6.0
Source object
202531359349313048

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