Redmond Park Hospital LLC
- Assets
- $666.4m
- Revenue
- $270.6m
- Investments
- $0.0
- Employees
- 0
- Location
- Rome, GA
- Founding
- Data as of
- 12/2022
- EIN
- 58-1123037
Organization Overview
Redmond Park Hospital LLC, operating under the name AdventHealth Redmond, is located in Rome, GA. AdventHealth Redmond 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 12/2022, AdventHealth Redmond generated $270.6m in total revenue. All expenses for the organization totaled $360.4m during the year ending 12/2022. While expenses have increased by 106.5% per year over the past 2 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE PROVISION OF MEDICAL CARE TO THE COMMUNITY THROUGH THE OPERATION OF A 230 BED HOSPITAL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
REDMOND PARK HOSPITAL, LLC OPERATES A 230-BED GENERAL ACUTE-CARE HOSPITAL IN ROME, GEORGIA. IN THE CURRENT YEAR, THERE WERE 11,867 INPATIENT ADMISSIONS, 88,822 OUTPATIENT VISITS, 68,414 PATIENT DAYS, AND 17,482 PHYSICIAN PRACTICE PATIENT VISITS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bacon Kenneth Dir/chairman | Trustee | 0.1 | $0 |
Guyton Alan Dir/vp/regional Cfo/ Secretary | OfficerTrustee | 18 | $0 |
Murrill Michael Dir/pres/regional CEO | OfficerTrustee | 27.5 | $0 |
Randolph Karsten Director | Trustee | 0.1 | $0 |
Rustad Gary Director | Trustee | 0.2 | $0 |
Metteauer Kenneth CFO (end 8/22) | Officer | 50 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Amn Healthcare Inc Agency Staffing | 12/30/22 | $10,109,075 |
Maxim Health Services Inc Agency Staffing | 12/30/22 | $8,309,368 |
Cerecore It Transitional Services | 12/30/22 | $7,615,573 |
Southeastern Emergency Physicians Hospital-based Physician Services | 12/30/22 | $5,715,424 |
Hss Systems Llc Revenue Cycle Services | 12/30/22 | $5,549,116 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,927,386 |
| 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 | $2,927,386 |
| Total Program Service Revenue | $266,645,661 |
| Investment income | $2,353,591 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $9,134 |
| Net Gain/Loss on Asset Sales | -$1,304,217 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $270,631,555 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $364,680 |
| 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. | $2,878,271 |
| Compensation of current officers, directors, key employees. | $2,878,271 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $45,045 |
| Fees for services: Accounting | $71,485 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $229,062 |
| Fees for services: Other | $71,782,132 |
| Advertising and promotion | $1,367,230 |
| Office expenses | $7,835,752 |
| Information technology | $7,529,891 |
| Royalties | $0 |
| Occupancy | $6,106,135 |
| Travel | $567,235 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $71,708 |
| Interest | $2,776,843 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $63,980,918 |
| Insurance | $2,511,187 |
| All other expenses | $5,763,182 |
| Total functional expenses | $360,442,707 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,200 |
| Savings and temporary cash investments | $40,843,211 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $41,288,758 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $29,709 |
| Inventories for sale or use | $8,981,912 |
| Prepaid expenses and deferred charges | $1,759,888 |
| Net Land, buildings, and equipment | $111,907,902 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $457,336,197 |
| Other assets | $4,275,734 |
| Total assets | $666,428,511 |
| Accounts payable and accrued expenses | $15,184,693 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $123,180,487 |
| Total liabilities | $138,365,180 |
| Net assets without donor restrictions | $527,964,974 |
| Net assets with donor restrictions | $98,357 |
| 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 | $666,428,511 |
Grants Awarded
Over the last fiscal year, Redmond Park Hospital LLC has awarded $339,732 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
CITIZENS FOR BETTER PARKS INC PURPOSE: General Support | $12,639 |
FREE CLINIC OF ROME INC PURPOSE: General Support | $24,834 |
HEART OF THE COMMUNITY FOUNDATION INC PURPOSE: General Support | $67,315 |
GEORGIA CUMBERLAND ACADEMY PURPOSE: General Support | $5,444 |
ROME BRAVES FAN CLUB INC PURPOSE: General Support | $142,500 |
SOUTH ROME REDEVELOPMENT CORPORATION PURPOSE: General Support | $10,000 |