Nonprofit · EIN 58-1897274
PARKWEST MEDICAL CENTER
Tax-exempt · KNOXVILLE, TN 37932
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $469,844,949 | $468,875,356 | $969,593 | $289,892,165 | $41,439,064 | $248,453,101 |
| December 31, 2023 | 990 | $437,288,615 | $437,726,924 | -$438,309 | $292,118,482 | $40,284,417 | $251,834,065 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $1,778,104
- of which government grants
- $727,991
- Program service revenue
- $464,514,178
- Investment income
- $296,873
- Net rental income
- $424,474
- Net gain from sales of assets
- $40,064
- Other revenue
- $3,255,794
Expenses
- Grants and similar amounts paid
- $465,281
- Compensation of officers, directors and key employees
- $937,730
- Other salaries and wages
- $106,017,984
- Salaries, compensation and benefits (total)
- $131,061,271
- Professional fundraising fees
- $0
- Legal fees
- $110,747
- Occupancy
- $8,584,929
- Travel
- $143,134
- Depreciation
- $20,127,976
- Program services (functional)
- $462,140,704
- Management and general (functional)
- $6,734,652
Balance sheet and other
- Total assets, start of year
- $292,118,482
- Total assets, end of year
- $289,892,165
- Total liabilities, end of year
- $41,439,064
- Net assets, end of year
- $248,453,101
- Land, buildings and equipment
- $218,112,580
- Net assets without donor restrictions
- $248,453,101
- Gross unrelated business income
- -$43,859
- Gross receipts
- $473,297,690
- Employees
- 2,677
- Volunteers
- 102
- Year formed
- 1990
- State of legal domicile
- TN
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| James D VanderSteeg | President & CEO Trustee or director, Officer | 0 | $0 | $2,880,556 | $362,274 |
| Michael R Belbeck Jr | Fmr Interim Pres & CAO-PWMC/EVP-Hosp Ops Former | 0 | $0 | $976,075 | $113,223 |
| Joseph C Dolan | EVP/CFO Officer | 0 | $0 | $861,693 | $105,608 |
| Devan C Johnson | President & CAO Officer | 50 | $0 | $562,166 | $50,375 |
| Thomas P Jensen MD | Physician - Behavioral Highest-paid employee | 50 | $386,561 | $0 | $51,536 |
| Rajendra T Raman MD | Physician - Behavioral Highest-paid employee | 50 | $370,445 | $0 | $52,925 |
| Surendra K Sharma MD | Physician - Behavioral Highest-paid employee | 50 | $359,753 | $0 | $54,740 |
| John G Kupfner MD | Physician - Behavioral Highest-paid employee | 50 | $358,049 | $0 | $51,337 |
| Shyam P Vuyyuru MD | Physician - Behavioral Highest-paid employee | 50 | $344,735 | $0 | $43,916 |
| Jacquelyn A Alt | VP - Chief Nursing Officer Key employee | 50 | $214,134 | $55,370 | $33,376 |
| M Scott Hamilton | VP - Financial Services Officer | 40 | $251,190 | $0 | $45,231 |
| Elizabeth Clary | VP - Behavioral Health Key employee | 50 | $215,485 | $0 | $29,536 |
| Colin McRae | VP - Support Services Key employee | 50 | $156,987 | $0 | $712 |
| Leslye Hartsell | Director Trustee or director | 0 | $0 | $1,124 | $0 |
| Cosby Stone | Director Trustee or director | 0 | $0 | $1,113 | $0 |
17 more people on this return
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| James Tramontana MD | Director Trustee or director | 0 | $0 | $1,086 |
| William Seale | Director Trustee or director | 0 | $0 | $1,060 |
| Stephanie Flood | Director Trustee or director | 0 | $0 | $964 |
| King Purnell | Director/Chair Trustee or director, Officer | 0 | $0 | $935 |
| Joe Sutter | Director Trustee or director | 0 | $0 | $881 |
| Edgar Gray | Director Trustee or director | 0 | $0 | $844 |
| Jorge Sanabria | Director Trustee or director | 0 | $0 | $807 |
| Donald Hickman | Director Trustee or director | 0 | $0 | $675 |
| Timothy Matthews | Director Trustee or director | 0 | $0 | $657 |
| Alvin Nance | Director Trustee or director | 0 | $0 | $648 |
| Mitchell Dickson MD | Director Trustee or director | 0 | $0 | $0 |
| James Gibson | Director Trustee or director | 0 | $0 | $0 |
| Janice McKinley | Director Trustee or director | 0 | $0 | $0 |
| Cletus McMahon MD | Director Trustee or director | 0 | $0 | $0 |
| Dave Miller | Director Trustee or director | 0 | $0 | $0 |
| Bill Myers | Director Trustee or director | 0 | $0 | $0 |
| Linda Ogle | Director Trustee or director | 0 | $0 | $0 |
990 for the year ended December 31, 2023: 36 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| James D VanderSteeg | President & CEO Trustee or director, Officer | 0 | $0 | $2,762,691 | $352,568 |
| Michael R Belbeck Jr | Fmr Interim Pres/CAO-PW/EVP-Hosp Ops Former | 0 | $0 | $939,140 | $107,111 |
| John T Geppi | Fmr EVP/CFO (through June 2023) Officer | 0 | $0 | $971,426 | $24,345 |
| Devan C Johnson | President & CAO Officer | 50 | $0 | $429,885 | $30,296 |
| Rajendra T Raman MD | Physician - Behavioral Highest-paid employee | 50 | $373,237 | $0 | $48,956 |
| John G Kupfner MD | Physician - Behavioral Highest-paid employee | 50 | $370,692 | $0 | $50,172 |
| Surendra K Sharma MD | Physician - Behavioral Highest-paid employee | 50 | $356,715 | $0 | $50,378 |
| Shyam P Vuyyuru MD | Physician - Behavioral Highest-paid employee | 50 | $360,886 | $0 | $40,838 |
| Joseph C Dolan | EVP/CFO Officer | 0 | $0 | $358,890 | $38,564 |
| Thomas P Jensen MD | Physician - Behavioral Highest-paid employee | 50 | $328,705 | $0 | $47,878 |
| M Scott Hamilton | VP - Financial Services Officer | 40 | $245,750 | $0 | $42,736 |
| Michael Cavacos | Fmr VP - CNO (through Dec 2023) Key employee | 50 | $257,567 | $0 | $20,898 |
| Elizabeth Clary | VP - Behavioral Health Key employee | 50 | $212,701 | $0 | $27,710 |
| W Jason Draper | Fmr VP - Supp Svcs(through Mar 2023) Key employee | 50 | $189,411 | $0 | $16,708 |
| King Purnell | Director/Chair Trustee or director, Officer | 0 | $0 | $1,630 | $0 |
| Cosby Stone | Director Trustee or director | 0 | $0 | $1,595 | $0 |
| Donald Hickman | Director Trustee or director | 0 | $0 | $1,498 | $0 |
| Joe Sutter | Director Trustee or director | 0 | $0 | $1,462 | $0 |
| William Seale | Director Trustee or director | 0 | $0 | $1,321 | $0 |
| Jorge Sanabria | Director Trustee or director | 0 | $0 | $1,234 | $0 |
| Janice McKinley | Director Trustee or director | 0 | $0 | $1,222 | $0 |
| Timothy Matthews | Director Trustee or director | 0 | $0 | $1,196 | $0 |
| James Tramontana MD | Director Trustee or director | 0 | $0 | $1,196 | $0 |
| Edgar Gray | Director Trustee or director | 0 | $0 | $1,054 | $0 |
| Dave Miller | Director Trustee or director | 0 | $0 | $1,044 | $0 |
| Alvin Nance | Director Trustee or director | 0 | $0 | $1,044 | $0 |
| Leslye Hartsell | Director Trustee or director | 0 | $0 | $1,027 | $0 |
| James Gibson | Director Trustee or director | 0 | $0 | $1,008 | $0 |
| Gerald Boyd | Director Trustee or director | 0 | $0 | $977 | $0 |
| Stephanie Flood | Director Trustee or director | 0 | $0 | $808 | $0 |
| Mitchell Dickson MD | Director Trustee or director | 0 | $0 | $796 | $0 |
| Willard Campbell MD | Director Trustee or director | 0 | $0 | $0 | $0 |
| Michael Casey MD | Director Trustee or director | 0 | $0 | $0 | $0 |
| Ronni Chandler | Fmr Director (through June 2023) Trustee or director | 0 | $0 | $0 | $0 |
| Bill Myers | Director Trustee or director | 0 | $0 | $0 | $0 |
| Linda Ogle | Director Trustee or director | 0 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1420 CENTERPOINT BLVD BLDG C, KNOXVILLE, TN 37932-1960
- In care of
- % AMY DELONG TAX DEPARTMENT
- Principal officer (990 for 2024)
- James D VanderSteeg, 244 Ft Sanders W Blvd, Knoxville, TN 37922
- Signed the 990
- JOSEPH C DOLAN, EVP/CFO
- Phone
- (865) 374-5329
Mission
Parkwest Medical Center provides quality healthcare, in alignment with Covenant Health's mission to serve the community by improving the quality of life through better health, regardless of the patient's ability to pay.
Program accomplishments
- Parkwest Medical Center ("Parkwest") admitted its first patient on December 10, 1973. It became a not-for-profit hospital in 1990 and became part of Covenant Health in 1996. Peninsula, a division of Parkwest Medical Center, ("Peninsula") is the behavioral services division of Parkwest and the region's largest provider of behavioral health services. Peninsula has a 119-bed hospital in Blount County providing mental health services for adolescents and adults. Peninsula also provides outpatient services in four counties. SERVICEWest Knoxville's largest medical center, Parkwest has an organizational culture focused on treating every patient and visitor with courtesy, compassion, and respect. It is best known for excellence in orthopedics, cardiology, surgical and behavioral health. Parkwest and Peninsula served 257,260 patients in 2024. Of these, 237,082 were outpatients and 20,178 were inpatients with an average length-of-stay of 4.54 days. PUTTING PATIENTS FIRSTIn 2024, Parkwest was recognized by U.S. News & World Report as #7 in its list of "Best Hospitals in Tennessee, and the #2 hospital in Knoxville metro area. Parkwest was rated as a "High-Performing" hospital by US News & World Report for COPD, colon cancer surgery, heart attack, heart bypass surgery, heart failure, hip replacement, knee replacement, prostate cancer surgery, and stroke care.BlueCross BlueShield gave the hospital a Blue Distinction Center+ designation for knee replacement and hip surgery, spine surgery, and maternity care, and a Blue Distinction Center designation for bariatric surgery. The Joint Commission has designated the hospital as an Advanced Primary Stroke Center, and Parkwest is a member of Covenant Health's stroke hospital network, which links Covenant Health's member hospitals in providing rapid diagnosis and treatment of stroke. Parkwest was recognized with a GoldPlus Stroke Quality Achievement Award by the American Heart Association/American Stroke Association. Parkwest has earned the GoldPlus Quality Award from the American Heart Association, recognizing consistent compliance with evidence-based quality measures for care of patients experiencing heart attacks, and a Gold award for non-STEMI quality measures.IMPROVING THE COMMUNITY'S QUALITY OF LIFE THROUGH BETTER HEALTHIn 2024 Parkwest provided over $219,000 worth of transportation, which includes payment to Priority Ambulance for patients to receive treatments, and taxi/transportation fares for patients who had been discharged and needed transportation home.In 2024 Parkwest participated in the Greater Knoxville Heart Walk, raising funds and awareness for heart disease. Parkwest also participates in local health fair screenings for area businesses and groups, providing carotid ultrasound screenings and physical therapy ergonomic education, as well as stroke education. In 2024 the employees at Parkwest also raised money for our internal employee chaplain's fund, which helps employees who are experiencing unusual or extraordinary financial needs.As a member of Covenant Health, Parkwest and Peninsula have adopted the "We Honor Veterans" program, recognizing and celebrating patients and employees in our facility who are veterans. When a patient is identified as a veteran they are recognized with a certificate and pinning ceremony.Expenses $462,140,704 · grants $465,281 · revenue $450,794,256
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 58-1897274
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Hospital or medical research organization
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1990
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Health care (E22)
- Assets (IRS master file)
- $289,892,165
- Income (IRS master file)
- $473,297,690
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $469,844,949 | $468,875,356 | $289,892,165 | XML |
| 990-T | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $437,288,615 | $437,726,924 | $292,118,482 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990 | December 2022 | $399,381,923 | $407,458,942 | $314,311,866 | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 58-1897274).
Questions about PARKWEST MEDICAL CENTER
- What is the EIN of PARKWEST MEDICAL CENTER?
- The employer identification number (EIN) of PARKWEST MEDICAL CENTER is 58-1897274.
- Is PARKWEST MEDICAL CENTER tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1990.
- Are donations to PARKWEST MEDICAL CENTER tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PARKWEST MEDICAL CENTER file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of PARKWEST MEDICAL CENTER due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PARKWEST MEDICAL CENTER last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of PARKWEST MEDICAL CENTER?
- The 990 for the year ended December 31, 2024 names James D VanderSteeg.
- Who are the officers and directors of PARKWEST MEDICAL CENTER?
- The 990 for the year ended December 31, 2024 lists 32 people; 9 received compensation from the organization.
- How much revenue does PARKWEST MEDICAL CENTER have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $469,844,949, expenses of $468,875,356 and total assets of $289,892,165 at year end.
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