Phoebe Putney Memorial Hospital Inc
79% goes to programs $0 to raise $100 Growing revenue
Phoebe Putney Memorial Hospital Inc is a 501(c)(3) organization based in Albany, Georgia, registered in 1991, with $857,505,455 in FY2023 revenue. CharityIndex grades it A, and it directs about 79% of spending to programs.
417 W 3rd Ave, Albany, GA, 31701 EIN 58-1928247 Since 1991
Revenue (FY2023)
$857.5M
▲ 17.7% vs prior year
Health median: $840K
Expenses (FY2023)
$751.3M
Net assets
$359.9M
Employees
3,704
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating79% 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 Phoebe Putney Memorial Hospital Inc: 79% to programs · $0 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating6 mo reserves · +12% 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 Phoebe Putney Memorial Hospital Inc: 6 mo reserves · +12% 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 Phoebe Putney Memorial Hospital Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 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 Phoebe Putney Memorial Hospital Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
We empower every member of the phoebe family to safeguard the health of our communities - embracing a culture that delivers great patient experiences, innovative treatments, and access to superior care.
Contact & location
- Address
- 417 W 3rd Ave, Albany, GA, 31701
- City
- Albany
- State
- Georgia
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $487.8M (FY2013) to $857.5M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $520.3MNet assets $359.9M
Operating margin
12.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$880.2M
Total liabilities
$520.3M
Net assets
$359.9M
Salaries & benefits
$229.0M
30% of expenses
Board members
11
8 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $857,505,455▲17.7% | $751,330,456▲5.6% | $359,918,939▲53.3% | $880,183,003▲17.7% | 990 |
| 2022 | $728,624,466▲8.1% | $711,573,723▼4.6% | $234,774,153▲23.7% | $747,553,725▲17.9% | 990 |
| 2021 | $674,031,806▼5.4% | $745,645,002▲11.4% | $189,761,345▼23.1% | $634,280,386▼13.1% | 990 |
| 2020 | $712,342,689▲17.4% | $669,515,610▲12.5% | $246,763,409▲80.0% | $729,879,818▼5.3% | 990 |
| 2019 | $606,630,003▲4.1% | $595,033,373▲4.8% | $137,100,574▼15.2% | $770,600,773▲22.6% | 990 |
| 2018 | $582,911,494▲10.1% | $567,785,475▲7.6% | $161,743,996▼12.3% | $628,719,272▲1.9% | 990 |
| 2017 | $529,400,813▲1.6% | $527,789,406▲2.3% | $184,497,054▲51.6% | $617,166,762▼1.6% | 990 |
| 2016 | $521,230,941▲1.1% | $515,962,286▼1.7% | $121,675,127▲33.1% | $627,499,834▲1.6% | 990 |
| 2015 | $515,640,095▲1.1% | $525,103,498▲4.5% | $91,430,028▼32.9% | $617,736,079▲4.5% | 990 |
| 2014 | $510,186,855▲4.6% | $502,654,980▼0.7% | $136,185,399▼23.0% | $591,156,480▼4.3% | 990 |
| 2013 | $487,775,923 | $505,961,918▼12.1% | $176,864,451▲8.1% | $617,519,067▼1.5% | 990 |
| 2012 | — | $575,564,410▲13.4% | $163,637,737▼2.6% | $626,679,567▼7.3% | 990 |
| 2011 | — | $507,719,058▲2.1% | $167,939,166▼22.7% | $675,940,460▲6.0% | 990 |
| 2010 | — | $497,147,243▲6.5% | $217,181,036▲9.0% | $637,885,656▲8.2% | 990 |
| 2009 | — | $466,777,632 | $199,277,567 | $589,441,192 | 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 (FY2023)
Highest-paid: William M Sewell III — $471,097 (0.06% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| William M Sewell III | Medical Dir- | 50 | $471,097 |
| Evelyn M Olenick | Svp Cno | 25 | $433,989 |
| Melvin Chaney | Ppmh Chief P | 40 | $296,245 |
| Maureen Jackson | Vp of Surgic | 50 | $292,901 |
| Josedario Espiritu | Rn | 40 | $265,238 |
| Kim Whitley | Ppmh Vp Logi | 40 | $259,006 |
| Brian Church | Pphs Cfo/cao | 25 | — |
| Chinyelu Ofodile Md | Board Member | 1 | — |
| Dawn Benson | Svp General | 25 | — |
| Deborah Angerami | Ppmh Ceo | 50 | — |
| Derek Heard Md | Board Member | 1 | — |
| James Webb | Board Member | 1 | — |
| Jane Gray | Ppmh Coo | 25 | — |
| Jay Sharpe | Brd Mbr Left | 1 | — |
| Jenny Yin Savelle | Board Member | 1 | — |
| Jeretha Peters | Board Member | 1 | — |
| Joe Austin | Past Ppmh Ce | 40 | — |
| Joe West | Brd Mbr Left | 1 | — |
| John Buckley Davis Md | Board Member | 1 | — |
| Karen Iler | Vice Chair | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Medical Solutions LLC | Medical Svcs | $40,255,694 |
| Health Carousel LLC | Hlth Staffing | $8,403,825 |
| Radiation Oncology Associates PC | Medical Svcs | $2,766,568 |
| Sellers Dorsey & Associates | Consulting | $2,761,605 |
| Allied Universal Security Services | Security | $1,923,524 |
Grants received · $1.1M total
12 grants to Phoebe Putney Memorial Hospital Inc totaling $1.1M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Cancer Society Inc | Patient support | 2024 | $72,500 |
| American Cancer Society Inc | Patient support | 2024 | $37,000 |
| Nurse Family Partnership | Grow the nso program | 2023 | $101,863 |
| American Cancer Society Inc | Patient support | 2023 | $52,500 |
| Nurse Family Partnership | Grow the nso program | 2022 | $152,794 |
| American Cancer Society Inc | Patient support | 2022 | $40,000 |
| Nurse Family Partnership | Grow the nso program | 2021 | $203,725 |
| Nurse Family Partnership | Grow the nso program | 2021 | $203,725 |
| American Cancer Society Inc | Patient support | 2021 | $25,000 |
| Map International | Coronavirus relief | 2019 | $10,191 |
| Patient Access Network Foundation | Patient assistance | 2015 | $151,450 |
| Patient Access Network Foundation | Patient assistance | 2014 | $20,546 |
Grants made · $1.2M in FY2023
12 grants totaling $1.2M in FY2023. All grants made by Phoebe Putney Memorial Hospital Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Phoebe Foundation Inc | General support | $359,459 |
| Albany Tech Foundation Inc | General support | $356,740 |
| Horizons Community Solutions Inc | General support | $146,250 |
| Albany State University | General support | $122,206 |
| 4c Foundation Inc | General support | $75,000 |
| Boys & Girls Clubs of Albany Inc | General support | $30,000 |
| Albany Area Chamber of Commerce Inc | General support | $25,000 |
| Flint River Fresh Inc | General support | $25,000 |
| Hospital Authority of Albany | General support | $20,000 |
| Dougherty County School System | General support | $15,000 |
| Morehouse School of Medicine Inc | General support | $10,000 |
| Sowega Council On Aging Inc | General support | $7,965 |
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Compare Phoebe Putney Memorial Hospital Inc
Frequently asked questions
- Is Phoebe Putney Memorial Hospital Inc a legitimate nonprofit?
- Yes. Phoebe Putney Memorial Hospital Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 58-1928247, based in Albany, Georgia. Donations are tax-deductible.
- What is Phoebe Putney Memorial Hospital Inc's EIN?
- Phoebe Putney Memorial Hospital Inc's Employer Identification Number (EIN) is 58-1928247.
- How much revenue does Phoebe Putney Memorial Hospital Inc report?
- Phoebe Putney Memorial Hospital Inc reported $857,505,455 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Phoebe Putney Memorial Hospital Inc's spending goes to programs?
- Phoebe Putney Memorial Hospital Inc spends about 79% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Phoebe Putney Memorial Hospital Inc have?
- CharityIndex grades Phoebe Putney Memorial Hospital Inc A, based on program efficiency and fundraising cost.
- How much does Phoebe Putney Memorial Hospital Inc's highest-paid employee make?
- The highest reported compensation on Phoebe Putney Memorial Hospital Inc's latest Form 990 is $471,097, paid to William M Sewell III (Medical Dir-).
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Data for Phoebe Putney Memorial Hospital Inc (EIN 58-1928247) 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.