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Nonprofiteer
← PIEDMONT HEART INSTITUTE INC

Form 990 for tax year 2023

Filed by PIEDMONT HEART INSTITUTE INC.

Totals

Total revenue
$4,256,996
Total expenses
$5,176,367
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$3,832,127
Investment income
$13,000
Other revenue
$411,869
Total assets, end of year
$3,393,706
Total liabilities, end of year
$1,443,357
Net assets or fund balances, end of year
$1,950,349
Program services expenses (Part IX)
$5,032,997
Management and general expenses
$0
Fundraising expenses
$143,370
Program service expenses (Part III)
$5,032,997

Program services were 97.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • DR CHARLES BROWN III

    CEO

    Total calculated
    $1,311,353
    From this org
    $0
    From related orgs
    $1,277,124
    Other
    $34,229
    Hours/week
    20 + 35 related

    Schedule J breakdown matched by us

    Base
    $0 + $682,357 related
    Bonus
    $0 + $395,033 related
    Other
    $0 + $199,734 related
    Deferred
    $0 + $19,800 related
    Nontaxable benefits
    $0 + $14,429 related
    Filer's total
    $0 + $1,311,353 related

  • DR PATRICK RAILEY

    BOARD MEMBER & CHAIR

    Total calculated
    $572,335
    From this org
    $0
    From related orgs
    $527,153
    Other
    $45,182
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $397,330 related
    Bonus
    $0
    Other
    $0 + $129,823 related
    Deferred
    $0
    Nontaxable benefits
    $0 + $45,182 related
    Filer's total
    $0 + $572,335 related

  • MR THOMAS ARNOLD

    BOARD MEMBER/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

  • DR ELIZABETH HAWK

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • DR JIM LATIMER

    BOARD MEMBER

    Total calculated
    $383,762
    From this org
    $0
    From related orgs
    $338,644
    Other
    $45,118
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $332,026 related
    Bonus
    $0
    Other
    $0 + $6,618 related
    Deferred
    $0 + $19,800 related
    Nontaxable benefits
    $0 + $25,318 related
    Filer's total
    $0 + $383,762 related

  • DR MOIZ MASTER

    BOARD MEMBER

    Total calculated
    $597,412
    From this org
    $0
    From related orgs
    $555,248
    Other
    $42,164
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $403,697 related
    Bonus
    $0 + $131,816 related
    Other
    $0 + $19,735 related
    Deferred
    $0 + $17,132 related
    Nontaxable benefits
    $0 + $25,032 related
    Filer's total
    $0 + $597,412 related

  • DR PHILICIA ANDREWS

    BOARD MEMBER

    Total calculated
    $410,815
    From this org
    $0
    From related orgs
    $380,501
    Other
    $30,314
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $245,003 related
    Bonus
    $0
    Other
    $0 + $135,498 related
    Deferred
    $0 + $13,913 related
    Nontaxable benefits
    $0 + $16,401 related
    Filer's total
    $0 + $410,815 related

  • DR RICHARD HENGEL

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • DR SHABBIR MOTIWALA

    BOARD MEMBER

    Total calculated
    $393,322
    From this org
    $0
    From related orgs
    $369,392
    Other
    $23,930
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $223,214 related
    Bonus
    $0
    Other
    $0 + $146,178 related
    Deferred
    $0 + $14,037 related
    Nontaxable benefits
    $0 + $9,893 related
    Filer's total
    $0 + $393,322 related

  • DR THOMAS WELLS

    BOARD MEMBER

    Total calculated
    $496,423
    From this org
    $0
    From related orgs
    $451,275
    Other
    $45,148
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $359,403 related
    Bonus
    $0
    Other
    $0 + $91,872 related
    Deferred
    $0 + $19,800 related
    Nontaxable benefits
    $0 + $25,348 related
    Filer's total
    $0 + $496,423 related

  • MR CHRISTOPHER LLOYD

    BOARD MEMBER

    Total calculated
    $1,127,518
    From this org
    $0
    From related orgs
    $1,097,761
    Other
    $29,757
    Hours/week
    1 + 54 related

    Schedule J breakdown matched by us

    Base
    $0 + $632,096 related
    Bonus
    $0 + $299,191 related
    Other
    $0 + $166,474 related
    Deferred
    $0 + $19,800 related
    Nontaxable benefits
    $0 + $9,957 related
    Filer's total
    $0 + $1,127,518 related

  • MR DARRYL BROOKS

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • 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 CHARLES BAILEY

    SR CLIN RESEARCH NURSE

    Total calculated
    $119,808
    From this org
    $104,282
    From related orgs
    $0
    Other
    $15,526
    Hours/week
    40

  • MS AMY AUTRY-BUSH

    RESEARCHER

    Total calculated
    $135,369
    From this org
    $128,664
    From related orgs
    $0
    Other
    $6,705
    Hours/week
    40

  • MS CARYN BERNSTEIN

    RESEARCH PROJ MGR

    Total calculated
    $139,169
    From this org
    $131,804
    From related orgs
    $0
    Other
    $7,365
    Hours/week
    40

  • MS KRISTINA PICARDI

    SR CLIN RESEARCH NURSE

    Total calculated
    $116,323
    From this org
    $102,191
    From related orgs
    $0
    Other
    $14,132
    Hours/week
    40

  • MS SHARON BAUMBERGER

    DIR RESEARCH FINANCE

    Total calculated
    $217,035
    From this org
    $202,627
    From related orgs
    $0
    Other
    $14,408
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $178,919
    Bonus
    $21,216
    Other
    $2,492
    Deferred
    $5,692
    Nontaxable benefits
    $8,716
    Filer's total
    $217,035

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

  • 4b · Supplemental nonqualified retirement plan
  • 7 · Other non-fixed payments

Answered no

  • 4a · Severance or change-of-control payment
  • 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 3 Arrangement used to establish the top management official's compensation
THE COMPENSATION FOR THE PRESIDENT/CEO OF PIEDMONT HEART INSTITUTE IS SET AND PAID 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 4b Supplemental nonqualified retirement plan
THE FOLLOWING INDIVIDUALS RECEIVED PAYMENTS FROM THEIR SUPPLEMENTAL EXECUTIVE RETIREMENT PLANS: CHARLES BROWN $104,118 THOMAS ARNOLD $107,975 ELIZABETH LEDDY $93,683 CHRISTOPHER LLOYD $90,574
Schedule J, Part I, Line 7 Non-fixed payments
CERTAIN EMPLOYEES PARTICIPATED IN AN "ANNUAL INCENTIVE PLAN" UNDER WHICH THEY RECEIVED NON-FIXED BONUS 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.

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
202521359349313507

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