Anmed Health System

Nonprofit profile at a glance

EIN
570817544
IRS 990 coverage
2009–2024
Forms available
Form 990 2024
Location
Anderson, SC, USA
Phone
8645121000
Rating
39
Verdict
REVIEW
Rating confidence
Moderate
Sector
Single Organization Support

Official website

Reported finances

Revenue
$12,415
Expenses
$2,060
Assets
$1,087,953,278
Liabilities
$181,574

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

20 people listed

Executive titles in this filing

  • William Kenley (President/CEO)

Highest reported compensation

  • William Kenley (President/CEO): $2,115,961 total reported compensation
  • Christine Pearson (Chief Financial Officer): $1,137,352 total reported compensation
  • Brad Mock MD (Chief Physician Executive): $1,096,845 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To build relationships and educate to inspire philanthropic giving to financially support programs and services that enable anmed health to optimize the health of our patients, staff, and community.

What it reported doing in 2024

ANMED HEALTH SYSTEM PROVIDES FINANCIAL SUPPORT FOR ANMED HEALTH, AN ELEEMOSYNARY CORPORATION WHICH OWNS AND OPERATES HEALTH CARE PROVIDING ORGANIZATIONS IN UPSTATE SOUTH CAROLINA. THE SYSTEM IS THE SOLE MEMBER OF ANMED HEALTH, AND OPERATES TO DISCHARGE ITS DUTIES AS SAID SOLE MEMBER IN ACCORDANCE WITH THE BYLAWS OF ANMED HEALTH. PLEASE SEE SCHEDULE O FOR A CONTINUATION OF THE PROGRAM SERVICE ACCOMPLISHMENTS. AnMed Health is a healthcare system providing a full range of acute care services for medical, surgical, pediatric, obstetric, psychiatric, and rehabilitation patients, as well as specialized care in its intensive care and coronary care units. To support these inpatient services, AnMed Health offers a normal complement of diagnostic and ancillary services. Two separately licensed facilities are operated by AnMed Health: 1) AnMed Health Medical Center is a 495 bed facility that offers the latest in medical and surgical services. A medical staff of over 400 physicians provides high quality care to the patients at the medical center. Open heart surgery, vascular surgery, general surgery, emergency/trauma medicine, a neurological/stroke center, maternity services, the latest in diagnostic MRI, CT and laboratory medicine are available. 2) On the first floor of the AnMed North Campus, physician's offices, a learning center, cafe, community meeting rooms and retail shops make visitors feel welcome with a wealth of resources. To support these inpatient services, AnMed Health offers a normal complement of diagnostic and ancillary services. Additionally, ANMED OGLESBY SPECIALTY INPATIENT CENTER AT ANMED NORTH CAMPUS INCLUDES 38 INPATIENT PSYCHIATRIC BEDS AS WELL AS OUTPATIENT PSYCHIATRIC THERAPY and has several clinics located in Anderson, Iva, Clemson, Honea Path, Pendleton, Piedmont, Williamston and Wren, South Carolina and in Hartwell , Georgia.

Operating model

Revenue model
Investment-supported. 100% of the money available for current operations came from recurring investment income.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

REVIEW - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 60
  • Accountability: 82
  • Sustainability: 79
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 92.9%; rating input score 93; 25th percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 84.6%; rating input score 85; 26th percentile among comparable filings
  • Governance controls: 7 of 9 controls in place; rating input score 78
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Fail
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 83.4%; rating input score 97; 97th percentile among comparable filings
  • Total-asset coverage ratio: 528,132.66; rating input score 100; 100th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 37; 37th percentile among comparable filings
  • Officer compensation ratio: 86,512.8%; rating input score 0; 0th percentile among comparable filings

Growth

  • Program expense growth: -40.5% per year; rating input score 0; 8th percentile among comparable filings
  • Revenue growth: -33.9% per year; rating input score 0; 12th percentile among comparable filings
  • Asset growth: 7.5% per year; rating input score 100; 74th percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: 11 of 13 board members independent · 7 of 9 filing controls reported
  • Programs: 1 filed program accomplishment
  • Leadership: top reported pay $2.1M · 20 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 18 of 19 current checks pass · 1 finding to review
  • Schedules: 5 filed schedules · includes executive pay
  • Filing history: 13 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: 8 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Accountability: Governance controls: 2 of 9 not reported.
  • Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.
  • High — Sustainability: Officer compensation ratio scored 0/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 37/100.