Prisma Health-midlands
88% goes to programs $0 to raise $100 Growing revenue
Prisma Health-midlands is a 501(c)(3) organization based in Greenville, South Carolina, registered in 1997, with $1,774,721,996 in FY2023 revenue. CharityIndex grades it A, and it directs about 88% of spending to programs.
300 East Mcbee Avesuite 500, Greenville, SC, 29601 EIN 58-2296052 Since 1997
Revenue (FY2023)
$1.8B
▲ 10.6% vs prior year
Health median: $840K
Expenses (FY2023)
$1.5B
Net assets
$636.9M
Employees
8,595
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 rating88% 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 Prisma Health-midlands: 88% to programs · $0 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating5 mo reserves · +15% 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 Prisma Health-midlands: 5 mo reserves · +15% 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 Prisma Health-midlands: 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 Prisma Health-midlands: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
Inspire health. serve with compassion. be the difference.
What they do
Our locally owned, nonprofit system includes six joint commission-accredited acute-care hospitals with 1,392 patient beds palmetto health baptist, palmetto health baptist parkridge, palmetto health children's hospital, palmetto health heart hospital, palmetto health richland and palmetto health tuomey. in the south carolina upstate region, palmetto health also co-owns baptist easley hospital.
In june 2017, palmetto health announced its intention to join with greenville health system to create a new, not-for-profit health company called sc health company. sc health company is designed to improve the health and well-being of the communities we serve. in november 2017, palmetto health finalized a partnership with greenville health system and began operating as one health company under the leadership of co-ceos charles d. beaman jr. and michael c. riordan, who previously led palmetto health and greenville health system, respectively.(see schedule o for continuation)
Contact & location
- Address
- 300 East Mcbee Avesuite 500, Greenville, SC, 29601
- City
- Greenville
- State
- South Carolina
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $1.4B (FY2013) to $1.8B (FY2023) across 10 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $272.5MNet assets $636.9M
Operating margin
14.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$909.4M
Total liabilities
$272.5M
Net assets
$636.9M
Salaries & benefits
$554.4M
37% of expenses
Board members
17
14 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $1,774,721,996▲10.6% | $1,510,421,825▲7.2% | $636,865,591▼26.7% | $909,366,692▼22.6% | 990 |
| 2022 | $1,604,015,979▲7.4% | $1,408,612,955▼3.8% | $868,632,015▲3.1% | $1,174,313,208▼2.0% | 990 |
| 2021 | $1,493,017,048▼0.6% | $1,464,039,776▲0.5% | $842,749,063▲7.2% | $1,198,735,081▲0.1% | 990 |
| 2020 | $1,502,045,297▼20.6% | $1,457,464,872▼20.2% | $785,876,092▲20.0% | $1,197,125,878▲0.7% | 990 |
| 2019 | $1,891,042,935▲4.0% | $1,827,282,858▼0.8% | $654,968,364▼2.2% | $1,188,288,414▲20.3% | 990 |
| 2018 | $1,818,246,516▼1.5% | $1,842,707,707▼0.8% | $670,005,159▲0.3% | $987,876,140▼47.6% | 990 |
| 2016 | $1,846,727,318▲4.5% | $1,858,021,376▲8.0% | $667,788,523▼5.8% | $1,884,487,078▲0.3% | 990 |
| 2015 | $1,766,411,860▲14.8% | $1,720,942,711▲15.3% | $709,242,836▼14.3% | $1,878,477,944▲6.2% | 990 |
| 2014 | $1,538,076,319▲9.0% | $1,492,857,377▲6.8% | $827,835,849▼0.3% | $1,768,647,660▲2.1% | 990 |
| 2013 | $1,411,473,639 | $1,397,790,952▲28.7% | $830,208,105▼0.4% | $1,732,101,707▲4.3% | 990 |
| 2012 | — | $1,085,980,006▼13.7% | $833,390,540▲10.1% | $1,660,519,828▲5.3% | 990 |
| 2011 | — | $1,258,450,155▲1.6% | $757,047,854▲14.0% | $1,577,327,393▲6.9% | 990 |
| 2010 | — | $1,238,267,771▲0.8% | $664,141,145▼0.8% | $1,475,374,000▲2.3% | 990 |
| 2009 | — | $1,228,395,569 | $669,229,022 | $1,442,111,218 | 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: Michael N Bundy — $1,090,334 (0.07% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Michael N Bundy | Ceo-market | 40 | $1,090,334 |
| Caleb Buchanan | Coo- Facility | 40 | $577,765 |
| Maryann Barnes | Cno II (until 3/13/23) | 40 | $480,662 |
| Christine M Ralyea | Cno-market | 40 | $472,779 |
| Zach Kiker | Campus Physician Executive | 40 | $434,843 |
| Alexander D Gladney | Evp Chief Legal Officer and Secretary (start 9/5/23) | 1 | — |
| Amy E Linsin | Evp Chief Hr and Diversity Officer | 1 | — |
| Andy Davis | Director | 1 | — |
| Ben E Griffith Jr | Director | 1 | — |
| Carolyn R Swinton | Frmr Svp Chief Nursing Officer (until 2/7/22) | 0 | — |
| Clarence M Sevillian II | Evp Chief Operating Officer | 1 | — |
| Edward M Carney Dm | Director | 1 | — |
| Elizabeth Tibbs | Svp Chief Operating Officer, Medical Group (vice Chair Until 10/4/23) | 0 | — |
| Gregory J Rusnak | Frmr Evp Chief Operating Officer (until 10/1/21) | 0 | — |
| Helen B Woods | Secretary/treasurer | 1 | — |
| Howard P West | Frmr Evp Chief Legal Officer (until 9/30/23) | 0 | — |
| James H Lucas | Svp Government Affairs | 1 | — |
| James L Best | Chair | 1 | — |
| Jean M Meyer | Frmr Svp-acute Care Svcs & Chief Nursing Exec (until 9/30/23) | 0 | — |
| Jeanne U Cavanaugh Mnrnnea-bc | Director | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Qualivis LLC | Clinical Staffing Services | $79,097,463 |
| Laboratory Corp | Lab Services | $19,750,563 |
| Allied Universal Security Services | Security Services | $7,549,284 |
| Lutheran Homes of Sc Inc | Assistance Living Services For Psc Participants | $4,323,495 |
| Crothall Healthcare Inc | Environmental Services | $4,125,654 |
Grants received · $738K total
12 grants to Prisma Health-midlands totaling $738K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Cystic Fibrosis Foundation | Cf care center | 2024 | $158,830 |
| Charities Aid Foundation America | Charitable donation | 2024 | $6,821 |
| Cystic Fibrosis Foundation | Cf care center | 2023 | $196,538 |
| Cystic Fibrosis Foundation | Clinical research center | 2023 | $79,850 |
| Public Health Institute | Research | 2023 | $13,200 |
| American Heart Association Inc | Research | 2022 | $52,500 |
| Cystic Fibrosis Foundation | Clinical research center | 2022 | $52,480 |
| Public Health Institute | Research | 2022 | $33,651 |
| Seattle Childrens Hospital | Pediatric medical research grant subaward | 2022 | $9,876 |
| Public Health Institute | Research | 2021 | $33,700 |
| Health Research and Educational Trust | Award recipient | 2015 | $100,000 |
| National Christian Charitable Foundation | Medical and health | 2014 | $500 |
Grants made · $745K in FY2022
13 grants totaling $745K in FY2022. All grants made by Prisma Health-midlands →
| Recipient | Purpose | Amount |
|---|---|---|
| United Way of the Midlands | Operational/community engagement | $345,000 |
| Mental Illness Recovery Center Inc | Operational/community engagement | $90,000 |
| March of Dimes Inc | Operational/community engagement | $50,000 |
| Foodshare Sc | Operational/community engagement | $50,000 |
| Prisma Health | Operational/community engagement | $45,000 |
| James R Clark Memorial Sickle Cell Foundation Inc | Operational/community engagement | $40,000 |
| Medneed of Sc | Operational/community engagement | $25,000 |
| South Carolina Research Foundation | Operational/community engagement | $25,000 |
| Good Samaritan Clinic | Operational/community engagement | $20,000 |
| Pathways To Healing | Operational/community engagement | $20,000 |
| Family Connection of South Carolina Inc | Operational/community engagement | $15,000 |
| Palmetto Aids and Life Support Services (palss) | Operational/community engagement | $10,000 |
| Fact Forward | Operational/community engagement | $10,000 |
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Frequently asked questions
- Is Prisma Health-midlands a legitimate nonprofit?
- Yes. Prisma Health-midlands is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 58-2296052, based in Greenville, South Carolina. Donations are tax-deductible.
- What is Prisma Health-midlands's EIN?
- Prisma Health-midlands's Employer Identification Number (EIN) is 58-2296052.
- How much revenue does Prisma Health-midlands report?
- Prisma Health-midlands reported $1,774,721,996 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Prisma Health-midlands's spending goes to programs?
- Prisma Health-midlands spends about 88% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Prisma Health-midlands have?
- CharityIndex grades Prisma Health-midlands A, based on program efficiency and fundraising cost.
- How much does Prisma Health-midlands's highest-paid employee make?
- The highest reported compensation on Prisma Health-midlands's latest Form 990 is $1,090,334, paid to Michael N Bundy (Ceo-market).
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Explore more
Data for Prisma Health-midlands (EIN 58-2296052) 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.