Sentara Healthcare

Organization Overview

Sentara Healthcare is located in Norfolk, VA. The organization was established in 1983. 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 12/2021, Sentara Healthcare employed 770 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sentara Healthcare 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 12/2021, Sentara Healthcare generated $1.0b in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 23.7% each year . All expenses for the organization totaled $212.9m during the year ending 12/2021. While expenses have increased by 4.5% per year over the past 7 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, Sentara Healthcare has awarded 615 individual grants totaling $90,333,717. 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

AT SENTARA, WE IMPROVE HEALTH EVERY DAY.

Describe the Organization's Program Activity:

SEE SCHEDULE O.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
Howard P Kern
Pres/ceo/ex-Efficio Director
$30,180,034
Robert A Broermann
Cfo/evp
$2,171,787
Michael V Gentry
Coo/evp
$1,912,697
Megan R Perry
SVP & Chief Strategy Officer
$1,739,461
Jordan R Asher MD
Ke (evp & Chief Physician Exec)
$1,603,621
Becky C Sawyer
Ke (evp & Cpo)
$1,258,562

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Pma Companies
Commercial Insurance Underwriter
$4,736,907
K And L Gates Llp
Legal Services
$2,463,876
Pacific Investment Mgmt Company Llc
Investment Mgmt Fees
$1,713,369
Highland Assoc Inc
Investment Mgmt Fees
$1,625,000
Sullivancotter Inc
Healthcare Consulting
$1,606,353
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$14,471,075
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$10,595,042
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$25,066,117
Total Program Service Revenue$173,083,713
Investment income $0
Tax Exempt Bond Proceeds $35,632,585
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $718,966,448
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,030,614,538

Grants Awarded

Over the last fiscal year, Sentara Healthcare has awarded $16,375,524 in support to 184 organizations.

Grant RecipientAmount

EASTERN VIRGINIA MEDICAL SCHOOL

Org PageRecipient Profile

Norfolk, VA

PURPOSE: SPONSORSHIP

$2,000,000

LOCAL INITIATIVES SUPPORT CORPORATION

Org PageRecipient Profile

New York, NY

PURPOSE: LISC-SENTARA PARTNERSHIP

$2,000,000

HAMPTON UNIVERSITY

Org PageRecipient Profile

Hampton, VA

PURPOSE: FINANCIAL ASSISTANCE FOR STUDENTS AFFECTED BY THE COVID-19 CRISIS

$860,000

UNITED WAY OF SOUTH HAMPTON ROADS

Org PageRecipient Profile

Norfolk, VA

PURPOSE: SPONSORSHIP

$765,000

PORTSMOUTH MUSEUMS FOUNDATION

Org PageRecipient Profile

Portsmouth, VA

PURPOSE: BROADEN CULTURAL QUALITY IN VIRGINIA

$700,000

VIRGINIA HEALTH CARE FOUNDATION

Org PageRecipient Profile

Richmond, VA

PURPOSE: PRIMARY HEALTHCARE FOR UNDERSERVED VIRGINIANS

$447,250
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 11 grants that Sentara Healthcare has recieved totaling $12,287,931.

Awarding OrganizationAmount
Sentara Hospitals

Norfolk, VA

PURPOSE: CORPORATE OVERHEAD ALLOCATIONS

$9,187,865
Sentara Rmh Medical Center

Norfolk, VA

PURPOSE: CORPORATE ALLOCATION TO PARENT

$1,724,439
Potomac Hospital Corporation Of Prince William

Norfolk, VA

PURPOSE: CORPORATE ALLOCATION TO PARENT

$883,290
Halifax Regional Hospital Inc

Norfolk, VA

PURPOSE: CORPORATE ALLOCATION TO PARENT

$362,569
Hampton Roads Community Foundation

Norfolk, VA

PURPOSE: 2021 DESIGNATED DISTRIBUTION FOR NORFOLK GENERAL HOSPITAL

$46,700
Hampton Roads Community Foundation

Norfolk, VA

PURPOSE: FOR THE BEYOND CANCER CAMPAIGN

$20,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$104,821,440
Earnings$12,076,782
Admin Expense$610,931
Net Contributions$10,595,042
Grants$199,150
Ending Balance$126,683,183

Create an account to unlock the data you need.

or