Wellstar Health System Inc

Organization Overview

Wellstar Health System Inc is located in Marietta, GA. The organization was established in 1987. 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, Wellstar Health System Inc employed 9,353 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wellstar Health System 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, Wellstar Health System Inc generated $2.0b in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 13.7% each year . All expenses for the organization totaled $1.5b during the year ending 06/2021. While expenses have increased by 9.8% 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 2014, Wellstar Health System Inc has awarded 373 individual grants totaling $27,479,634. 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.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

SEE SCHEDULE O

Describe the Organization's Program Activity:

SEE SCHEDULE O


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Pt Solutions Holdings Llc
Medical
$33,606,599
Northwest Georgia Oncology
Medical
$25,308,181
Presidio Networked Solution
Information Services
$18,923,310
Brasfield And Gorrie Lp
General Contractor
$12,525,423
Batson-cook Company
General Contractor
$13,965,725
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $30,426,315
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$30,426,315
Total Program Service Revenue$1,823,461,570
Investment income $20,535,377
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $118,162
Net Gain/Loss on Asset Sales $87,199,870
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,990,604,121

Grants Awarded

Over the last fiscal year, Wellstar Health System Inc has awarded $4,164,345 in support to 32 organizations.

Grant RecipientAmount

KENNESAW STATE UNIVERSITY

PURPOSE: Sponsorship

$1,925,000

BRAVES STADIUM COMPANY LLC

PURPOSE: SPONSORSHIP

$1,181,784

GLOBUS MEDICAL INC

PURPOSE: Sponsorship

$230,496

VAN WAGNER SPORTS & ENTERTAINMENT LLC

PURPOSE: SPONSORSHIP

$125,000

COBB COUNTY CHAMBER OF COMMERCE FOUNDATION

Org PageRecipient Profile

Atlanta, GA

PURPOSE: Sponsorship

$77,000

CHEROKEE BY CHOICE INC

Org PageRecipient Profile

Woodstock, GA

PURPOSE: Sponsorship

$62,500
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 4 grants that Wellstar Health System Inc has recieved totaling $171,775.

Awarding OrganizationAmount
Mayo Clinic

Rochester, MN

PURPOSE: SUPPORT CHARITABLE PROGRAMS

$81,775
$50,000
National Breast Cancer Foundation Inc

Frisco, TX

PURPOSE: SCREENING & DIAGNOSTICS

$30,000
American Heart Association Inc

Dallas, TX

PURPOSE: CORONARY ARTERY DISEASE PROGRAM

$10,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$7,756,000
Earnings$1,922,000
Net Contributions$65,000
Ending Balance$9,743,000

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