Peacehealth

Organization Overview

Peacehealth is located in Vancouver, WA. The organization was established in 1986. 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 06/2021, Peacehealth employed 19,369 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Peacehealth 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, Peacehealth generated $3.1b in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $3.0b during the year ending 06/2021. 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, Peacehealth has awarded 481 individual grants totaling $26,663,450. 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 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

WE CARRY ON THE HEALING MISSION OF JESUS CHRIST.

Describe the Organization's Program Activity:

HOSPITALS: FOUNDED BY THE SISTERS OF ST. JOSEPH OF PEACE, PEACEHEALTH HAS PROVIDED EXCEPTIONAL MEDICINE AND COMPASSIONATE CARE TO NORTHWEST COMMUNITIES FOR MORE THAN A CENTURY. PEACEHEALTH IS A NOT-FOR-PROFIT HEALTH CARE SYSTEM WITH HOSPITALS LOCATED IN ALASKA, WASHINGTON AND OREGON. RURAL COMMUNITIES RELY ON THEIR HOSPITALS AS CRITICAL COMPONENTS OF THE COMMUNITIES' ECONOMIC AND SOCIAL FABRIC. THESE HOSPITALS ARE TYPICALLY THE LARGEST OR SECOND LARGEST EMPLOYER IN THE COMMUNITY, AND OFTEN STAND ALONE IN THEIR ABILITY TO OFFER HIGHLY-SKILLED JOBS. (COMMENTARY CONTINUED ON SCHEDULE O.)


CLINICS AND MEDICAL GROUPS: IN ADDITION TO PROVIDING ACUTE CARE THROUGH A NETWORK OF HOSPITALS SUMMARIZED ON LINE 4A, THE PEACEHEALTH HEALTH CARE SYSTEM ALSO INCLUDES CLINICS AND MEDICAL GROUPS LOCATED IN ALASKA, WASHINGTON AND OREGON.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Quest Diagnostics
Laboratory Services
$31,799,504
Nursefinders Llc
Healthcare Staffing
$26,329,090
Guidehouse Inc
Consulting Services
$12,345,757
Trimedx Holdings Llc
Clinical Engineering
$17,669,348
Staff Care Inc
Healthcare Staffing
$6,062,573
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$5,687,180
Government grants $34,144,207
All other contributions, gifts, grants, and similar amounts not included above$7,553,962
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$47,385,349
Total Program Service Revenue$2,880,939,039
Investment income $44,909,475
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $8,257,698
Net Gain/Loss on Asset Sales $69,257,599
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,054,855,941

Grants Awarded

Over the last fiscal year, Peacehealth has awarded $3,952,100 in support to 72 organizations.

Grant RecipientAmount

COUNTY OF SOUTH LANE DIST 4553

PURPOSE: COMMUNITY BENEFIT

$392,500

SISTERS OF ST JOSEPH OF PEACE

Org PageRecipient Profile

Bellevue, WA

PURPOSE: MISSION SUPPORT

$381,315

LANE COMMUNITY COLLEGE

PURPOSE: EDUCATION SUPPORT

$279,418

HOMES FOR GOOD HOUSING AGENCY

PURPOSE: COMMUNITY BENEFIT

$250,000

MEALS ON WHEELS PEOPLE INC

Org PageRecipient Profile

Portland, OR

PURPOSE: COMMUNITY BENEFIT

$190,000

Bellingham, WA

PURPOSE: COMMUNITY BENEFIT

$170,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Peacehealth has recieved totaling $156,650.

Awarding OrganizationAmount
Marie Lamfrom Charitable Foundation 091898

Wilsonville, OR

PURPOSE: THANKING THE HEROES OF PEACEHEALTH

$139,300
Hearts For Hospice

Eugene, OR

PURPOSE: to support the Palliative Care Program

$10,000
Fred Hutchinson Cancer Research Center

Seattle, WA

PURPOSE: PUBLIC HEALTH SCIENCES

$7,350
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$41,480,654
Earnings$10,381,977
Net Contributions$579,275
Other Expense$316,310
Ending Balance$52,125,596

Peer Organizations

Organization NameAssets
St Joseph Hospital Of Orange
Renton, WA
$836,962,973
Mission Hospital Regional Medical Center
Renton, WA
$714,714,799
St Lukes Health System Ltd
Boise, ID
$657,648,132
St Joseph Health System
Renton, WA
$481,765,148
Legacy Health
Portland, OR
$316,347,594
Providence Saint Johns Medical Foundation
Renton, WA
$215,011,749
Norton Sound Health Corporation
Nome, AK
$194,401,008
Yukon-Kuskokwim Health Corporation
Bethel, AK
$228,092,642
Western Healthconnect
Renton, WA
$179,298,426
Covenant Health System
Renton, WA
$106,469,001
Lubbock Heritage Hospital Llc
Renton, WA
$75,169,894
Inland Northwest Health Services
Renton, WA
$80,565,854

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