Sentara Healthcare

Sentara Healthcare 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 12/2019, Sentara Healthcare employed 720 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 12/2019, Sentara Healthcare generated $244.2m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $170.2m during the year ending 12/2019. While expenses have increased by 1.7% per year over the past 5 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 361 individual grants totaling $64,703,693. 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 990 Filing

TAX YEAR

2019

Describe the Organization's Mission:

Part 3 - Line 1

AT SENTARA, WE IMPROVE HEALTH EVERY DAY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SEE SCHEDULE O.


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Sentara Healthcare Board, Officers & Key Employees

Name (title)Compensation
Howard P Kern
Pres/ceo/ex-Efficio Director
$4,253,331
Robert A Broermann
CFO
$1,674,648
Michael V Gentry
COO
$1,524,592
Jordan R Asher
Ke (shc SVP & Chief Physician Exec)
$1,403,090
Douglas L Chaet
Former Ke (vp)
$1,259,149
Jeffrey P King
Secretary (thru 6/19)
$970,273

Sentara Healthcare Vendors

Vendor Name (Service)Compensation
Korn Ferry
Organizational Consulting
$2,018,156
Nrc Health
Management Consulting
$1,941,170
Pma Companies
Commercial Insurance Underwriter
$2,614,754
Kpmg Llc
Professional Services
$1,703,920
Highland Assoc Inc
Investment Mgmt Fees
$1,625,000
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$39,481,852
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$1,121,933
Noncash contributions included in lines 1a–1f $5,098
Total Revenue from Contributions, Gifts, Grants & Similar$40,603,785
Total Program Service Revenue$142,798,210
Investment income $29,685,904
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $7,338,612
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $244,219,286

Sentara Healthcare Grants Awarded

Over the last fiscal year, Sentara Healthcare has awarded $2,978,250 in support to 41 organizations.

Grant RecipientAmount

LOCAL IINITIATIVES SUPPORT CORPORATION

Org PageRecipient Profile

New York, NY

PURPOSE: DEVELOP PROGRAMS TO ADDESS SOCIAL DETERMINANTS OF HEALTH

$1,000,000

UNITED WAY OF SOUTH HAMPTON ROADS

Org PageRecipient Profile

Norfolk, VA

PURPOSE: SPONSORSHIP / SUPPORT FOR VICTIMS OF VIGINIA BEACH TRAGEDY

$365,000

VIRGINIA COMMUNITY COLLEGE FOUNDATION

Org PageRecipient Profile

Richmond, VA

PURPOSE: PROVIDE EDUCATION FOR ALL VIRGINIANS

$300,000

2019 COMMEMORATION INC

Org PageRecipient Profile

Williamsburg, VA

PURPOSE: SUPPLEMENT EVENTS AND PROGRAMS

$250,000

VIRGINIA HEALTH CARE FOUNDATION

Org PageRecipient Profile

Richmond, VA

PURPOSE: SUPPORT FOR MEDICAID ENROLLMENT COUNSELORS

$125,000

YMCA OF EASTERN SHORE

Org PageRecipient Profile

Chesapeake, VA

PURPOSE: BUILD HEALTHY, SPIRIT, MIND AND BODY

$100,000
View Grant Profile

Sentara Healthcare Grants Recieved

Over the last fiscal year, we have identified 1 grants that Sentara Healthcare has recieved totaling $7,963.

Awarding OrganizationAmount
United Way Of South Hampton Roads

Norfolk, VA

PURPOSE: GRANTS AWARDED

$7,963
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$85,838,156
Earnings$16,161,589
Net Contributions$1,120,433
Other Expense$1,114,821
Grants$110,000
Ending Balance$101,895,357

Sentara Healthcare Peer Organizations

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