Tennessee · Nonprofit
Parkwest Medical Center
Parkwest Medical Center (Tennessee) receives grants from 1 organization whose IRS filings report $5,000 to it, the largest being AHB FOUNDATION INC ($5,000). 0 of them have funded it in more than one year.
- Revenue FY2024
- $470M
- Funders on record
- 1
- Grants received
- $5k
- Net assets
- $248M
What Parkwest Medical Center does
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.
As stated on its FY2024 Form 990.
Program
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 &…
$462,140,704 spentof which $465,281 as grants$450,794,256 earned by the program100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $462,140,704.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2018 to 2019, from $265M to $334M (+26%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2017 0% · 2018 0% · 2019 0% · 2020 6% · 2021 1% · 2022 1% · 2023 0% · 2024 0%. Grants only. Government contracts and fees sit inside program revenue.
0% of Parkwest Medical Center’s revenue is contributions — about as donation-reliant as the typical peer (1% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
James D VanderSteeg
President & CEO
Board chair
King Purnell
Director/Chair
As listed on its FY2024 Form 990.
Who funds it, year by year
Grant support over time, funder by funder — shade shows the grant size each year.
Left out of every figure on this page: $2.3M from 2 payers (the payer shares this organization's board, largest Covenant Health Foundation). These are real filings, and they are not money Parkwest Medical Center raised.
From the IRS filings of Parkwest Medical Center’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
100% of Parkwest Medical Center's grant income comes from Tennessee funders.
Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
Parkwest Medical Center's revenue grew 23% between 2017 and 2024.
this organization peer median middle 50% of peers· 2,075 health nonprofits over $100M, FY2024
Organizations like Parkwest Medical Center
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Tennessee
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
99% of spending goes to programs.
Governance
Footprint & structure
Part of a family of 29 related entities
- Covenant Health · exempt
- Claiborne Medical Center · exempt
- Covenant HomeCare · exempt
- Cumberland Medical Center · exempt
- Fort Loudoun Medical Center · exempt
Screen this organization
A dated, signed PDF of the compliance screen for Parkwest Medical Center: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds Parkwest Medical Center?
- Parkwest Medical Center (Tennessee) receives grants from 1 organization whose IRS filings report $5,000 to it, the largest being AHB FOUNDATION INC ($5,000). 0 of them have funded it in more than one year.
- How many funders does Parkwest Medical Center have?
- IRS filings report 1 organization giving $5,000 in grants to Parkwest Medical Center.
- Who is the largest funder of Parkwest Medical Center?
- AHB FOUNDATION INC is the largest funder on record, with $5,000 in grants. The full list of funders is on this page.
- How can an organization like Parkwest Medical Center find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Tennessee. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing