Upmc Pinnacle
- Assets
- $643.8m
- Revenue
- $173.0m
- Investments
- $12.8m
- Employees
- 1,103
- Location
- Harrisburg, PA
- Founding
- 11/1995
- Data as of
- 06/2021
- EIN
- 25-1778658
Organization Overview
Upmc Pinnacle is located in Harrisburg, PA. The organization was established in 1995. 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 06/2021, Upmc Pinnacle employed 1,103 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Upmc Pinnacle 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, Upmc Pinnacle generated $173.0m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.3% each year. All expenses for the organization totaled $170.4m during the year ending 06/2021. While expenses have increased by 9.2% 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.
Since 2021, Upmc Pinnacle has awarded 40 individual grants totaling $906,130. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE MANAGEMENT AND CONSULTATIVE SERVICES TO AFFILIATED TAX-EXEMPT ENTITIES.
Describe the Organization's Program Activity:
UPMC PINNACLE IS ENGAGED IN AND CONDUCTS CHARITABLE, EDUCATIONAL, AND SCIENTIFIC ACTIVITIES THROUGH THE SUPPORT AND BENEFIT OF PINNACLE HEALTH FOUNDATION, AND PROVIDES MANAGEMENT AND CONSULTATIVE SERVICES TO AFFILIATED ENTITIES THAT QUALIFY FOR FEDERAL INCOME TAX EXEMPTION UNDER CODE SECTION 501(C)(3).UPMC PINNACLE DEDICATES ITSELF TO THE HEALTH AND WELL-BEING OF THE PEOPLE WE SERVE AND MAKES A CONCERTED EFFORT TO ESTABLISH ENDURING BONDS BETWEEN UPMC PINNACLE AND THE COMMUNITY. UPMC PINNACLE OFFERS AN ARRAY OF COMMUNITY SERVICES AND PROGRAMS TO IMPROVE HEALTH AWARENESS AMONG COMMUNITY GROUPS AND ORGANIZATIONS, PROVIDES OPTIMAL AND TIMELY CARE AND TREATMENT FOR TARGET POPULATIONS AND ADDRESSES DIVERSE COMMUNITY NEEDS. UPMC PINNACLE PROVIDES VARIOUS TRAINING PROGRAMS AND TRACKS AND EVALUATES THE IMPACT OF ITS SERVICES AND PROGRAMS ON THE OVERALL HEALTH OF THE COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Philip Guarneschelli President & CEO | OfficerTrustee | 30 | $1,397,279 |
William H Pugh Fmr. Evp & Cfo/treasurer(ret. 12/19) | 0 | $928,709 | |
James Raczek Svp, Medical Affairs(until 11/20) | 40 | $700,143 | |
Christian Caicedo M.d. Director(until 11/20) | 10 | $639,092 | |
Christopher P Markley ESQ Sec'y/sr Vp/general Counsel | Officer | 10 | $635,513 |
Joan Silver Frm Svp, Patient Exp.(until 12/19) | 40 | $543,898 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Vizient Inc It Services | 6/29/21 | $536,929 |
Mcnees Wallace & Nurick Legal Services | 6/29/21 | $454,335 |
314e Corporation It Services | 6/29/21 | $312,152 |
Out Tech Inc Collection Services | 6/29/21 | $322,899 |
Computer Credit Collection Services | 6/29/21 | $324,343 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $591,849 |
| Government grants | $0 |
| 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 | $591,849 |
| Total Program Service Revenue | $169,584,028 |
| Investment income | $52,369 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$51,801 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $172,959,353 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,166,190 |
| 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. | $2,567,017 |
| Compensation of current officers, directors, key employees. | $2,567,017 |
| Compensation to disqualified persons | $309,577 |
| Other salaries and wages | $69,557,383 |
| Pension plan accruals and contributions | $3,371,543 |
| Other employee benefits | $12,855,216 |
| Payroll taxes | $4,739,292 |
| Fees for services: Management | $47,136 |
| Fees for services: Legal | $1,286,669 |
| Fees for services: Accounting | $479,396 |
| Fees for services: Lobbying | $10,257 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $12,185,627 |
| Advertising and promotion | $1,693,519 |
| Office expenses | $12,634,630 |
| Information technology | $16,101,120 |
| Royalties | $0 |
| Occupancy | $2,387,461 |
| Travel | $308,198 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $7,856 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $536,384 |
| Insurance | $19,164,471 |
| All other expenses | $2,863,501 |
| Total functional expenses | $170,437,139 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $37,642,404 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $12,722,396 |
| Loans from Officers, Directors, or Controlling Persons | $1,142,456 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $505,060,047 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $6,075,925 |
| Net Land, buildings, and equipment | $1,526,223 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $12,804,444 |
| Investments—program-related | -$191,318,675 |
| Intangible assets | $0 |
| Other assets | $258,119,355 |
| Total assets | $643,774,575 |
| Accounts payable and accrued expenses | $43,081,315 |
| Grants payable | $0 |
| Deferred revenue | $8,674,570 |
| 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 | $240,429,222 |
| Total liabilities | $292,185,107 |
| Net assets without donor restrictions | $351,589,468 |
| Net assets with donor restrictions | $0 |
| 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 | $643,774,575 |
Grants Awarded
Over the last fiscal year, Upmc Pinnacle has awarded $906,130 in support to 40 organizations.
| Grant Recipient | Amount |
|---|---|
Harrisburg, PA PURPOSE: GENERAL OPERATIONS | $105,000 |
Harrisburg, PA PURPOSE: GENERAL OPERATIONS | $65,000 |
Harrisburg, PA PURPOSE: GENERAL OPERATIONS | $63,000 |
Annville, PA PURPOSE: GENERAL OPERATIONS | $50,000 |
Carlisle, PA PURPOSE: GENERAL OPERATIONS | $45,500 |
York, PA PURPOSE: GENERAL OPERATIONS | $45,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Upmc Pinnacle has recieved totaling $591,849.
| Awarding Organization | Amount |
|---|---|
Upmc Pinnacle Foundation Harrisburg, PA PURPOSE: GENERAL OPERATIONS | $591,849 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
St Josephs Health System Subordinate Group Return Paterson, NJ | $1,081,595,215 | $963,799,571 |
Hh Medstar Health Inc Columbia, MD | $303,491,180 | $865,504,764 |
University Hospitals Health System Inc Shaker Heights, OH | $6,082,138,000 | $960,105,000 |
Atlanticare Health System Inc Egg Harbor Township, NJ | $1,893,827,880 | $909,225,575 |
Aultman Health Foundation Group Return Canton, OH | $450,362,832 | $880,954,681 |
Geisinger System Services Danville, PA | $1,398,222,343 | $715,016,181 |
Bon Secours Charity Health System Affiliated Group Suffern, NY | $223,032,633 | $606,730,244 |
Highmark Health Pittsburgh, PA | $708,603,703 | $583,319,053 |
West Virginia University Medical Corporation Morgantown, WV | $212,648,584 | $571,153,959 |
Adena Health System Chillicothe, OH | $876,980,484 | $590,625,475 |
Hackensack Meridian Health Inc Edison, NJ | $279,460,343 | $549,822,020 |
The Johns Hopkins Health System Corporation Baltimore, MD | $2,298,014,981 | $561,406,992 |