University Health Systems Of Eastern Carolina Inc

Organization Overview

University Health Systems Of Eastern Carolina Inc, operating under the name Vidant Health, is located in Greenville, NC. The organization was established in 2000. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vidant Health 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, Vidant Health generated $334.6m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.6% each year. All expenses for the organization totaled $296.6m during the year ending 09/2021. While expenses have increased by 4.0% 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.

Since 2015, Vidant Health has awarded 50 individual grants totaling $17,336,259. 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

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO ADVANCE AND SUPPORT THE HEALTHCARE NEEDS OF THE COMMUNITIES OF EASTERN NORTH CAROLINA.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SEE SCHEDULE O


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Medcost
Admin Fees
$6,368,285
Premier Healthcare Solutions Inc
Consultants
$3,238,572
Cisco Systems Capital Corp
Hardware Maintance
$1,132,259
Ecu School Of Medecine
Contracted Outside Services
$1,053,295
Revmd Partners Llc
Contracted Outside Services
$915,833
View All Vendors

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$680,332
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$680,332
Total Program Service Revenue$275,667,165
Investment income $57,507,392
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $8,280
Net Gain/Loss on Asset Sales $751,917
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $334,615,086

Grants Awarded

Over the last fiscal year, University Health Systems Of Eastern Carolina Inc has awarded $10,181,500 in support to 8 organizations.

Grant RecipientAmount

VIDANT HEALTH FOUNDATION

Org PageRecipient Profile

Greenville, NC

PURPOSE: Charitable

$10,000,000

GREENVILLE-ENC ALLIANCE

Org PageRecipient Profile

Greenville, NC

PURPOSE: Charitable

$100,000

NC EASTERN ECONOMIC DEVELOPMENT CORP

PURPOSE: sponsorship 2020

$25,000

THE GREAT 100 INC

Org PageRecipient Profile

Greensboro, NC

PURPOSE: Sponsorship

$15,000

NC PROFESSIONALS HEALTH PROGRAM

Org PageRecipient Profile

Raleigh, NC

PURPOSE: Charitable

$14,000

DEMOCRACY COLLABORATIVE FOUNDATION

Org PageRecipient Profile

Cleveland, OH

PURPOSE: Charitable

$12,500
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 2 grants that University Health Systems Of Eastern Carolina Inc has recieved totaling $8,849.

Awarding OrganizationAmount
American Heart Association Inc

Dallas, TX

PURPOSE: STROKE PROGRAMS

$7,849
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: OPERATIONAL SUPPORT

$1,000
View Grant Recipient Profile

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