Piedmont Healthcare

Nonprofit profile at a glance

EIN
581503902
IRS 990 coverage
2011–2024
Official website data refreshed
Sep 2026
Forms available
Form 990 2024
Location
Atlanta, GA, USA
Phone
855.537.0506
Rating
81
Verdict
STRONG
Rating confidence
Moderate
Sector
Community Health Systems

Official website

Reported finances

Revenue
$356,848,714
Expenses
$384,495,525
Assets
$4,817,183,708
Liabilities
$1,398,136,895

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

Leadership & pay

29 people listed

Executive titles in this filing

  • MR KEVIN BROWN (BOARD MEMBER & CEO, PHC)
  • MR CHRISTOPHER LLOYD (PRESIDENT PIEDMONT CLINIC)
  • MR MICHAEL MANDL (EXEC. VICE PRESIDENT)

Highest reported compensation

  • MR KEVIN BROWN (BOARD MEMBER & CEO, PHC): $4,428,574 total reported compensation
  • MR MICHAEL MANDL (EXEC. VICE PRESIDENT): $2,272,159 total reported compensation
  • MR THOMAS ARNOLD (TREASURER/CFO PHC): $1,518,663 total reported compensation

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

Overview

Mission

Piedmont is empowering Georgians by transforming health care. We continue to fuel Georgia’s growth through safe, high-quality care close to home through an integrated healthcare system that provides a hassle-free, unified experience. We are a private, not-for-profit organization with more than 12,000 donors annually that for centuries has sought to make a positive difference in every life we touch in the communities we serve. Across our **2,171** physical locations, we care for more than **4.5** million patients and serve communities that comprise 85% of Georgia’s population. This includes **28** hospitals, **122** immediate care locations, **1,875** Piedmont Clinic physician practices and n.

What it reported doing in 2024

Piedmont healthcare, inc. ("phc"), is the tax-exempt parent of its publicly supported subsidiaries (listed in schedule r attached). Phc provides centralized management services to its subsidiaries, including accounting, human resources, it, financial management, and advisory support. These centralized services result in greater operating efficiencies and allow its subsidiary organizations to better provide outstanding healthcare and education to their surrounding communities.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. The filing reports few safeguards for money sent abroad and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 83
  • Transparency & Controls: 77
  • Accountability: 86
  • Sustainability: 42
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 96.9%; rating input score 97
  • Program expense ratio: 86.7%; rating input score 87
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
  • Pay-setting controls: 4 of 6 controls in place; rating input score 67
    • Compensation committee: Pass
    • Independent consultant: Pass
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Scored; rating input score 0
  • Grant itemization coverage: 100%; rating input score 100; 77th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Yes; rating input score 100

Accountability

  • Independent voting board: 76.5%; rating input score 76; 25th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -7.7%; rating input score 10; 10th percentile among comparable filings
  • Total-asset coverage ratio: 12.53; rating input score 93; 93rd percentile among comparable filings
  • Liabilities to assets ratio: 0.29; rating input score 57; 57th percentile among comparable filings
  • Officer compensation ratio: 4%; rating input score 25; 25th percentile among comparable filings

Growth

  • Program expense growth: 13.3% per year; rating input score 100; 84th percentile among comparable filings
  • Revenue growth: 12.5% per year; rating input score 100; 84th percentile among comparable filings
  • Asset growth: 14.4% per year; rating input score 100; 85th percentile among comparable filings

Details

  • What they do: 2 programs and campaigns described on the official site · 1 operating location identified
  • Where the money goes: 96.9% of revenue deployed · 86.7% of spending went to programs
  • Governance: 13 of 17 board members independent · 9 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $333.5M in reported program spending
  • Leadership: top reported pay $4.4M · 29 people listed · 4 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $268.8M reported
  • Consistency: 36 of 36 current checks pass
  • Schedules: 9 filed schedules · includes major donors, foreign activity, grants, executive pay, and related organizations
  • Filing history: 14 filing years from 2011 to 2024
  • Contacts: How to reach this organization
  • Money network: 31 filed money-flow records
  • Related organizations: 50 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Transparency & Controls: Foreign activity oversight scored 0/100.
  • High — Sustainability: Operating margin scored 10/100.
  • High — Sustainability: Officer compensation ratio scored 25/100.
  • Review — Sustainability: Liabilities to assets ratio scored 57/100.
  • High — Grant Readiness: Federal audit findings: this organization reported findings in its latest federal Single Audit.