Appalachian Regional Healthcare System Inc
- Assets
- $23.9m
- Revenue
- $47.0m
- Investments
- $0.0
- Employees
- 1,718
- Location
- Boone, NC
- Founding
- 02/2006
- Data as of
- 09/2021
- EIN
- 20-1067022
Organization Overview
Appalachian Regional Healthcare System Inc is located in Boone, NC. The organization was established in 2006. According to its NTEE Classification (F11) the organization is classified as: Single Organization Support, under the broad grouping of Mental Health & Crisis Intervention and related organizations. As of 09/2021, Appalachian Regional Healthcare System Inc employed 1,718 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Appalachian Regional Healthcare 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 09/2021, Appalachian Regional Healthcare System Inc generated $47.0m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $47.0m during the year ending 09/2021. While expenses have increased by 5.0% 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
TO PROVIDE, COORDINATE, AND SUPPORT THE DELIVERY OF HEALTHCARE AND HEALTHCARE-RELATED SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
APPALACHIAN REGIONAL HEALTHCARE SYSTEM (ARHS), THE HEALTHCARE LEADER IN THE HIGH COUNTRY, IS COMPRISED OF TWO HOSPITALS, A PHYSICIAN PRACTICE MANAGEMENT GROUP, A POST-ACUTE CARE AND REHABILITATION CENTER, AND A HEALTHCARE FOUNDATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steven Anderson MD Physician | 40 | $1,481,987 | |
Benjamin Parker MD Physician | 40 | $1,058,616 | |
James Califf MD Physician | 40 | $760,678 | |
Ana Sobol MD Physician | 40 | $626,136 | |
Douglas Trate MD Physician | 40 | $615,892 | |
Charles Mantooth CEO | Officer | 40 | $566,808 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Wake Forest Univ School Of Medicine Telehealth Svcs | 9/29/21 | $1,172,939 |
Imethods Llc It Consulting | 9/29/21 | $485,516 |
Allscripts Healthcare Llc Practice Mgmt | 9/29/21 | $2,674,011 |
Cardiosolution Phys California Telehealth Svcs | 9/29/21 | $1,068,618 |
Telehealth Solution Telehealth Svcs | 9/29/21 | $502,760 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| 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 | $0 |
| Total Program Service Revenue | $45,970,606 |
| Investment income | $0 |
| 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 | -$2,469 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $47,007,711 |
| 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. | $3,599,792 |
| Compensation of current officers, directors, key employees. | $3,140,868 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $12,155,080 |
| Pension plan accruals and contributions | $2,946,833 |
| Other employee benefits | $9,044,137 |
| Payroll taxes | $1,513,846 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $421,474 |
| Fees for services: Accounting | $195,763 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $10,622,651 |
| Advertising and promotion | $351,350 |
| Office expenses | $1,231,622 |
| Information technology | $452,106 |
| Royalties | $0 |
| Occupancy | $254,707 |
| Travel | $77,849 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $104,964 |
| Interest | $254,695 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,052,965 |
| Insurance | $0 |
| All other expenses | $90,546 |
| Total functional expenses | $47,007,709 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $41,297 |
| Savings and temporary cash investments | $1,983,861 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $3,164,452 |
| Net Land, buildings, and equipment | $15,264,287 |
| Investments—publicly traded securities | $483,856 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,919,835 |
| Total assets | $23,857,588 |
| Accounts payable and accrued expenses | $14,920,035 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $8,157,332 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $5,732,255 |
| Total liabilities | $28,809,622 |
| Net assets without donor restrictions | -$4,952,034 |
| 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 | $23,857,588 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Appalachian Regional Healthcare System Inc has recieved totaling $1,500.
| Awarding Organization | Amount |
|---|---|
Close Friends Foundation Bonita Springs, FL PURPOSE: HEART AND CARDIAC CARE | $1,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Appalachian Regional Healthcare System Inc Boone, NC | $23,857,588 | $47,007,711 |
Centerstone Foundation Inc Nashville, TN | $12,854,505 | $4,584,900 |
Guthrie Risk Retention Group Charleston, SC | $67,723,750 | $10,999,490 |
Healing Hearts Foundation Memphis, TN | $422,744 | $830,815 |
Nc Survivors Union Inc Greensboro, NC | $261,253 | $673,592 |
River Edge Foundation Inc Macon, GA | $21,001,068 | $512,746 |
Community Recovery Partnership Inc Dalton, GA | $4,107,533 | $38,468 |
Right Hand Foundation Inc Atlanta, GA | $475,814 | $129,318 |
Richmond Behavioral Health Foundation Richmond, VA | $163,740 | $317,407 |
Foundation Realty Norfolk, VA | $1,753,516 | $231,738 |
Triangle Club Inc Atlanta, GA | $136,267 | $138,889 |
Endependent Properties Inc Norfolk, VA | $736,564 | $135,046 |