Wellstar Sylvan Grove Hospital Inc
- Assets
- $8.6m
- Revenue
- $16.5m
- Investments
- $0.0
- Employees
- 123
- Location
- Marietta, GA
- Founding
- 09/2016
- Data as of
- 06/2021
- EIN
- 81-0875069
Organization Overview
Wellstar Sylvan Grove Hospital Inc is located in Marietta, GA. The organization was established in 2016. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. As of 06/2022, Wellstar Sylvan Grove Hospital Inc employed 123 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wellstar Sylvan Grove Hospital Inc 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 06/2021, Wellstar Sylvan Grove Hospital Inc generated $16.5m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.2% each year. All expenses for the organization totaled $13.8m during the year ending 06/2021. While expenses have increased by 6.5% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Candice Saunders President & CEO | Officer | 1 | $0 |
John Brennan Evp Chief Clin Integ Officer | Officer | 1 | $0 |
Rob Schreiner Evp Chief Physician Executive | Officer | 1 | $0 |
Kem Mullins Evp Ambulatory & Bus Dev | Officer | 1 | $0 |
Anthony J Budzinski Evp & CFO | Officer | 1 | $0 |
Leo Reichert Evp & General Counsel | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,778,833 |
| Investment income | $448 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $966 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $16,516,673 |
| Statement of Expenses | |
|---|---|
| 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. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $7,569,710 |
| Pension plan accruals and contributions | $106,385 |
| Other employee benefits | $1,532,183 |
| Payroll taxes | $408,904 |
| Fees for services: Management | -$74,826 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,727,906 |
| Advertising and promotion | $250 |
| Office expenses | $25,534 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $465,208 |
| Travel | $58,087 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $703 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $879,588 |
| Insurance | $116,369 |
| All other expenses | $0 |
| Total functional expenses | $13,846,674 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,427 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $253,859 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $142,402 |
| Prepaid expenses and deferred charges | $115,472 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,673,852 |
| Total assets | $8,619,975 |
| Accounts payable and accrued expenses | $2,989,316 |
| 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 | $1,147,880 |
| Total liabilities | $4,137,196 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $4,482,779 |