Parkwest Medical Center
99% goes to programs $0 to raise $100 Strong reserves
Parkwest Medical Center is a 501(c)(3) organization based in Knoxville, Tennessee, registered in 1990, with $469,844,949 in FY2024 revenue. CharityIndex grades it A+, and it directs about 99% of spending to programs.
1420 Centerpoint Blvd Bldg C, Knoxville, TN, 37932 EIN 58-1897274 Since 1990
Revenue (FY2024)
$469.8M
▲ 7.4% vs prior year
Health median: $840K
Expenses (FY2024)
$468.9M
Net assets
$248.5M
Employees
2,677
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A+
A+Program efficiency40% of the rating99% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Parkwest Medical Center: 99% to programs · $0 to raise $100 earns a A+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating6 mo reserves · +0% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Parkwest Medical Center: 6 mo reserves · +0% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Parkwest Medical Center: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Parkwest Medical Center: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
Parkwest medical center operates a full-service acute care hospital located in west knoxville, tennessee, and a psychiatric hospital in neighboring blount county, tn with a combined total of 456 beds. it is a member of the covenant health system.
What they do
Orthopedics: during 2017, parkwest medical center performed 4,764 orthopedic surgeries - 3,347 inpatient and 1,399 outpatient. among these surgeries, 734 total hip replacements were done, as well as 1,512 total knee replacements.
Psychiatry: peninsula, a division of parkwest, is the region's largest provider of behavioral health services. peninsula provides outpatient services in four counties and inpatient services at a 155 bed facility. the parkwest senior behavioral center provides an advanced level of care for older psychiatric patients.at the peninsula campus, admissions totaled 4,690, with 30,625 inpatient days. outpatient visits totaled 82,518. parkwest's senior behavioral center saw 440 admissions in 2017 resulting in 5,514 patient days.
As a full-service acute care hospital, parkwest medical centertreats patients across a broad spectrum of medical specialties.
Contact & location
- Address
- 1420 Centerpoint Blvd Bldg C, Knoxville, TN, 37932
- City
- Knoxville
- State
- Tennessee
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $337.2M (FY2013) to $469.8M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $41.4MNet assets $248.5M
Operating margin
0.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$289.9M
Total liabilities
$41.4M
Net assets
$248.5M
Salaries & benefits
$131.1M
28% of expenses
Board members
20
19 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $469,844,949▲7.4% | $468,875,356▲7.1% | $248,453,101▼1.3% | $289,892,165▼0.8% | 990 |
| 2023 | $437,288,615▲9.5% | $437,726,924▲7.4% | $251,834,065▼8.7% | $292,118,482▼7.1% | 990 |
| 2022 | $399,381,923▼4.4% | $407,458,942▲5.5% | $275,964,741▼2.4% | $314,311,866▼5.3% | 990 |
| 2021 | $417,785,459▲0.8% | $386,340,842▲5.3% | $282,836,168▼15.5% | $331,847,569▼10.0% | 990 |
| 2020 | $414,579,394▲6.3% | $366,734,308▲3.2% | $334,819,540▲16.7% | $368,608,977▲10.4% | 990 |
| 2019 | $389,898,558▲7.6% | $355,421,228▲9.0% | $286,974,454▲24.2% | $333,753,120▲26.1% | 990 |
| 2018 | $362,201,943▼4.9% | $325,972,901▼3.9% | $231,129,758▲36.4% | $264,584,394▲31.5% | 990 |
| 2017 | $380,799,501▲5.1% | $339,169,532▲5.0% | $169,506,463▲8.1% | $201,160,048▲6.5% | 990 |
| 2016 | $362,267,132▲4.7% | $322,971,653▲5.4% | $156,801,486▼18.6% | $188,859,057▼15.4% | 990 |
| 2015 | $346,166,794▼0.1% | $306,288,081▼2.0% | $192,681,194▲26.1% | $223,322,260▲10.4% | 990 |
| 2014 | $346,419,508▲2.7% | $312,607,393▲1.6% | $152,802,481▲28.4% | $202,371,044▼2.4% | 990 |
| 2013 | $337,225,088 | $307,628,051▼0.3% | $118,990,366▲33.1% | $207,417,652▼6.0% | 990 |
| 2012 | — | $308,532,239▲2.2% | $89,393,329▲39.6% | $220,740,225▲0.1% | 990 |
| 2011 | — | $301,846,742▲2.7% | $64,046,227▲64.7% | $220,502,069▼2.6% | 990 |
| 2010 | — | $293,999,486 | $38,878,342 | $226,439,630 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Thomas P Jensen Md — $386,561 (0.08% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Thomas P Jensen Md | Physician - Behavioral | 50 | $386,561 |
| Rajendra T Raman Md | Physician - Behavioral | 50 | $370,445 |
| Surendra K Sharma Md | Physician - Behavioral | 50 | $359,753 |
| John G Kupfner Md | Physician - Behavioral | 50 | $358,049 |
| Shyam P Vuyyuru Md | Physician - Behavioral | 50 | $344,735 |
| M Scott Hamilton | Vp - Financial Services | 40 | $251,190 |
| Elizabeth Clary | Vp - Behavioral Health | 50 | $215,485 |
| Jacquelyn A Alt | Vp - Chief Nursing Officer | 50 | $214,134 |
| Colin Mcrae | Vp - Support Services | 50 | $156,987 |
| Alvin Nance | Director | 0 | — |
| Bill Myers | Director | 0 | — |
| Cletus Mcmahon Md | Director | 0 | — |
| Cosby Stone | Director | 0 | — |
| Dave Miller | Director | 0 | — |
| Devan C Johnson | President & Cao | 50 | — |
| Donald Hickman | Director | 0 | — |
| Edgar Gray | Director | 0 | — |
| James D Vandersteeg | President & Ceo | 0 | — |
| James Gibson | Director | 0 | — |
| James Tramontana Md | Director | 0 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Radar Healthcare Providers | Medical Staffing Services | $2,159,675 |
| Your Home Team Care LLC | Patient Sitters | $1,683,449 |
| Linen King | Laundry Services | $1,638,091 |
| Volunteer Perfusion LLC | Perfusion Services | $1,547,365 |
| Bio Medical Applications of Tn | Hemodialysis Services | $1,386,582 |
Grants made · $41K in FY2024
2 grants totaling $41K in FY2024. All grants made by Parkwest Medical Center →
| Recipient | Purpose | Amount |
|---|---|---|
| Knoxville Medical Missions Foundation | General support | $28,537 |
| American Heart Association Inc | General support | $12,000 |
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Frequently asked questions
- Is Parkwest Medical Center a legitimate nonprofit?
- Yes. Parkwest Medical Center is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 58-1897274, based in Knoxville, Tennessee. Donations are tax-deductible.
- What is Parkwest Medical Center's EIN?
- Parkwest Medical Center's Employer Identification Number (EIN) is 58-1897274.
- How much revenue does Parkwest Medical Center report?
- Parkwest Medical Center reported $469,844,949 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Parkwest Medical Center's spending goes to programs?
- Parkwest Medical Center spends about 99% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Parkwest Medical Center have?
- CharityIndex grades Parkwest Medical Center A+, based on program efficiency and fundraising cost.
- How much does Parkwest Medical Center's highest-paid employee make?
- The highest reported compensation on Parkwest Medical Center's latest Form 990 is $386,561, paid to Thomas P Jensen Md (Physician - Behavioral).
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Data for Parkwest Medical Center (EIN 58-1897274) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.