Peacehealth Networks
- Assets
- $23.8m
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Vancouver, WA
- Founding
- 02/1984
- Data as of
- 06/2021
- EIN
- 91-1230425
Organization Overview
Peacehealth Networks is located in Vancouver, WA. The organization was established in 1984. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, 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. Peacehealth Networks is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PEACEHEALTH NETWORKS SUPPORTS THE ACTIVITIES OF PEACEHEALTH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PEACEHEALTH NETWORKS HOLDS NO FINANCIAL ASSETS OTHER THAN THE FOLLOWING:MEMBERSHIP INTEREST IN PEACEHEALTH NETWORKS ON DEMAND, LLC ("PHNOD") (EIN: 83-2849989). PHNOD OPERATES ON-DEMAND HEALTHCARE CLINICS IN COLORADO, IDAHO, OREGON, AND WASHINGTON. PEACEHEALTH NETWORKS IS THE MEMBER CORPORATION OF PEACEHEALTH (EIN: 91-0939479), A 501(C)(3) ORGANIZATION WHICH HAS EXTENSIVE HEALTHCARE OPERATIONS AND HOLDS SUBSTANTIAL FINANCIAL ASSETS.PEACEHEALTH NETWORKS ALSO HOLDS STOCK IN CLARE REASSURANCE, LTD (EIN: 98-1560395). CLARE REASSURANCE, LTD. WAS ESTABLISHED TO PROVIDE SELF-INSURANCE TO PEACEHEALTH AND CERTAIN OF ITS AFFILIATES. PEACEHEALTH NETWORKS HOLDS MEMBERSHIP INTEREST IN PEACEHEALTH AMBULATORY, LLC (EIN: 86-2027568), WHICH IS A HOLDING COMPANY FOR PEACEHEALTH DIRECT CONTRACTING, LLC (EIN: 86-1344009) AND PEACEHEALTH CLINICALLY INTEGRATED NETWORK, LLC (EIN: 86-1975269). PEACEHEALTH DIRECT CONTRACTING, LLC AND PEACEHEALTH CLINICALLY INTEGRATED NETWORK, LLC PROVIDE VALUE BASED CONTRACTING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lee Kearney Treasurer | OfficerTrustee | 2 | $0 |
Kevin Murphy Secretary | OfficerTrustee | 2 | $0 |
Elizabeth V Dunne Bod Chair/president | OfficerTrustee | 2 | $0 |
Craig Armstrong Assistant Secretary | Officer | 2 | $0 |
Ron L Saxton Assistant Secretary | Officer | 2 | $0 |
Sr Andrea Nenzel Csjp Director | Trustee | 2 | $0 |
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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $0 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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 of current officers, directors, key employees. | $0 |
| 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 | $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 | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $0 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $23,821,513 |
| Total assets | $23,821,513 |
| Accounts payable and accrued expenses | $0 |
| 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 | $5,483,000 |
| Total liabilities | $5,483,000 |
| Net assets without donor restrictions | $18,338,513 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $23,821,513 |
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 Name | Assets | Revenue |
|---|---|---|
Regional Hospital For Respiratory And Complex Care Burien, WA | $0 | $5,757,627 |
Cross Road Health Ministries Inc Glennallen, AK | $4,539,452 | $8,013,942 |
Franciscan Foundation Washington Tacoma, WA | $31,675,220 | $3,841,785 |
Asante Foundation Medford, OR | $34,856,407 | $4,983,244 |
Kadlec Foundation Richland, WA | $39,538,406 | $4,010,417 |
Providence Williamette Falls Medical Foundation Oregon City, OR | $17,864,446 | $2,952,643 |
Good Samaritan Hospital Foundation Corvallis Corvallis, OR | $16,898,067 | $4,069,543 |
Ashland Community Hospital Foundation Ashland, OR | $12,070,384 | $1,779,028 |
Whidbey Island Hospital Foundation Coupeville, WA | $2,936,679 | $1,105,210 |
Health Center Volunteers Inc Vashon, WA | $239,394 | $1,002,228 |
Research And Business Development Center Inc Rexburg, ID | $335,795 | $984,265 |
Grace Clinic Kennewick, WA | $681,694 | $1,037,484 |