Emory University
- Assets
- $335.4m
- Revenue
- $553.1m
- Investments
- $0.0
- Employees
- 5,516
- Location
- Decatur, GA
- Founding
- 06/2011
- Data as of
- 06/2017
- EIN
- 58-1966795
Organization Overview
Emory University is located in Decatur, GA. The organization was established in 2011. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. As of 08/2023, Emory University employed 5,516 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Emory University 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 06/2017, Emory University generated $553.1m in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $573.2m during the year ending 06/2017. While expenses have increased by 4.3% 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2017
Describe the Organization's Mission:
Part 3 - Line 1
TO IMPROVE PATIENTS' LIVES THROUGH THE DELIVERY OF EXCELLENT HEALTH AND WELLNESS SERVICES.
Describe the Organization's Program Activity:
DEKALB MEDICAL AT THE NORTH DECATUR - 20,907 PATIENTS DISCHARGED (INCLUDES NICU AND EXCLUDES BABIES) FROM THE HOSPITAL FOR A TOTAL OF 98,953 DISCHARGED DAYS. THERE WERE 193,217 VISITS TO THE HOSPITAL DURING THE YEAR.
DEKALB MEDICAL AT HILLANDALE - 4,567 PATIENTS DISCHARGED FROM THE HOSPITAL FOR A TOTAL OF 18,125 DISCHARGED DAYS. THERE WERE 101,398 VISITS TO THE HOSPITAL DURING THE YEAR.
DEKALB MEDICAL PHYSICIAN NETWORK - 149,950 PATIENTS WERE TREATED IN THE PHYSICIAN OFFICES DURING THE FISCAL YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John A Shelton Jr President & CEO (through 11/16) | OfficerTrustee | 40 | $718,827 |
David Jollay Chairman | OfficerTrustee | 0.5 | $0 |
Robert Wilson Vice Chairman | OfficerTrustee | 0.5 | $0 |
Daniel Thompson Secretary | OfficerTrustee | 0.5 | $0 |
Charles Clifton MD Treasurer | OfficerTrustee | 0.5 | $0 |
Gregory Levett Director | Trustee | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Morrison Management Management Services | 6/29/17 | $4,175,662 |
American Anesthesiology Of Georgia Anesthesiology Services | 6/29/17 | $3,316,667 |
Fresenius Medical Acute Nephrology Services | 6/29/17 | $1,720,850 |
Grant Thornton Llp Consulting Services | 6/29/17 | $1,421,696 |
Dekalb Emergency Physician (Cep) Surgical Services | 6/29/17 | $2,138,229 |
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 | $376,323 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $376,323 |
| Total Program Service Revenue | $543,314,319 |
| Investment income | $3,403,666 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $17,512 |
| Net Gain/Loss on Asset Sales | $4,288,616 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $553,113,603 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $4,785,467 |
| 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. | $766,618 |
| Compensation of current officers, directors, key employees. | $760,011 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $238,066,073 |
| Pension plan accruals and contributions | $1,369,813 |
| Other employee benefits | $22,171,907 |
| Payroll taxes | $15,820,018 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $589,009 |
| Fees for services: Accounting | $322,861 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $901,826 |
| Fees for services: Other | $42,841,860 |
| Advertising and promotion | $0 |
| Office expenses | $9,769,598 |
| Information technology | $10,146,397 |
| Royalties | $0 |
| Occupancy | $13,853,643 |
| Travel | $133,190 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $118,858 |
| Interest | $11,406,026 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $16,766,873 |
| Insurance | $11,218,081 |
| All other expenses | $618,351 |
| Total functional expenses | $573,166,361 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,508,882 |
| Savings and temporary cash investments | $7,658,673 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $80,184,076 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $7,156,798 |
| Prepaid expenses and deferred charges | $2,905,664 |
| Net Land, buildings, and equipment | $95,861,667 |
| Investments—publicly traded securities | $135,581,538 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $25,000 |
| Other assets | $4,484,139 |
| Total assets | $335,366,437 |
| Accounts payable and accrued expenses | $49,966,076 |
| Grants payable | $0 |
| Deferred revenue | $168,649,541 |
| 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 | $15,189,508 |
| Total liabilities | $233,805,125 |
| Unrestricted restricted net Assets | $100,714,657 |
| Temporarily restricted net Assets | $846,655 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $101,561,312 |
Grants Awarded
Over the last fiscal year, Emory University has awarded $4,785,467 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
DEKALB REGIONAL HEALTH SYSTEM INC PURPOSE: OPERATIONAL SUPPORT | $203,513 |
DECATUR HEALTH RESOURCES PURPOSE: OPERATIONAL SUPPORT | $4,098,696 |
DEKALB MEDICAL CENTER FOUNDATION INC PURPOSE: OPERATIONAL SUPPORT | $483,258 |