Sentara Health is a 501(c)(3) nonprofit healthcare organization headquartered in Virginia Beach, Virginia. Established in 1982, it operates as an integrated healthcare system serving Virginia and North Carolina. The organization is designated as a health-focused nonprofit under the National Taxonomy of Exempt Entities (NTEE) category for Community Health Systems.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$7.2B
+1.3% YoY
Annual Giving
$63.8M
+48.3% YoY
Grant Count
325
-12.2% YoY
Avg Grant Size
$196K
+68.9% YoY
Mission & Focus Areas
Mission Statement: "We Improve Health Every Day"
Sentara Health coordinates, promotes, and plans for the provision of health services and the promotion of health, medical education, and the social, cultural, educational, and economic development of the community.
Primary Funding Focus Areas:
- Education
- Science and STEM education
- Human Services
- Philanthropy and voluntarism
- Community health initiatives
Grantmaking
Sentara Health is an active grantmaker with significant philanthropic activity. According to the most recent available data:
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Geographic Focus
Where this funder awards grants
Sentara Health's grantmaking focuses primarily on:
- Virginia
- North Carolina
- Maryland
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of December 2024:
- Total Assets: $7.24 billion
- Total Revenue: $1.26 billion
- Total Expenses: $444 million
- Total Liabilities: $2 billion
As of December 2023:
- Total Assets: $7.14 billion
- Total Revenue: $485.1 million
- Total Expenses: $390.5 million
Financial Rating: Sentara Health received a 96% score and Four-Star rating, with an overall score calculated from Accountability & Finance metrics.
Audit Findings: An independent audit for the fiscal year ending December 2024 identified a significant deficiency in internal controls—a deficiency less severe than a material weakness but warranting management attention regarding the organization's ability to track and report financial data reliably.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $7,237,302,464 | $7,144,421,433 | $6,930,695,848 |
| Revenue | $1,261,880,759 | $485,099,155 | $401,206,637 |
| Expenses | $443,536,160 | $390,471,283 | $280,286,551 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $1,023,534,729 | $74,943,162 | $22,009,620 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DENNIS A MATHEIS | PRESIDENT/CEO/EX-OFFICIO DIRECTOR | 40 | $6,056,025 |
| L ALLAN PARROTT JR | DIRECTOR/CHAIR | 5 | $50,000 |
| DIAN T CALDERONE | DIRECTOR | 3.1 | $45,000 |
| E RAY MURPHY | DIRECTOR | 3.9 | $45,000 |
| GILBERT BLAND | DIRECTOR | 2.7 | $45,000 |
| WHITNEY RG SAUNDERS | DIRECTOR/VICE CHAIR | 4.8 | $45,000 |
| CAROL C THOMAS | DIRECTOR | 1.9 | $40,000 |
| EDWARD GEORGE MD | DIRECTOR | 3.1 | $40,000 |
| JEFFERY O SMITH ED D | DIRECTOR | 2.8 | $40,000 |
| JOSEPH K FUNKHOUSER II | DIRECTOR | 3.1 | $40,000 |
| LATISHA OWENS TARRANT | DIRECTOR | 2.7 | $40,000 |
| LT GEN FRANCES C WILSON EDD | DIRECTOR | 3 | $40,000 |
| PETER BROOKS | DIRECTOR | 3.3 | $40,000 |
| SHALIMA PANNIKODE | DIRECTOR (EFFECTIVE 9/24) | 1 | $10,000 |
| J LES HALL | DIRECTOR (THROUGH 11/24) | 2.2 | — |
| JOHN AGOLA | DIRECTOR (THROUGH 11/24) | 2.7 | — |
| WILLIAM R ERMATINGER | DIRECTOR | 3.3 | — |
| ROBERT A BROERMANN | CFO/EVP | 40 | $3,111,555 |
| EARL J BARNES II | SECRETARY | 40 | $1,489,106 |
| JORDAN R ASHER MD | KE (EVP & CCO) | 40 | $3,266,902 |
| BECKY C SAWYER | KE (EVP & CPO) | 40 | $2,567,004 |
| AUBREY L LAYNE | KE (EVP/CAO) | 40 | $1,878,423 |
| MELINDA S HANCOCK | KE (EVP & CTO) | 40 | $1,838,351 |
| ERIC CONLEY | KE(EVP& PRES ACUTE & POST ACUTE CARE) | 40 | $1,142,423 |
| PRASANNA MOHANTY | KE (EVP & PRES, AMBULATORY CARE) | 40 | $753,375 |
| ADAM HOLYK | KE (EVP/CCO) | 40 | $476,996 |
| MEGAN R PERRY | SVP & CHIEF STRATEGY OFFICER | 40 | $1,901,177 |
| MICHAEL H HOOPER | VP, CAO | 40 | $755,176 |
| STEVE BARLEY | SVP, HR BUSINESS PARTNERSHIPS | 40 | $628,318 |
| JIM MORAN | SVP, CHIEF COMP. AND AUDIT OFFICER | 40 | $580,283 |
| BRYCE SNYDER | VP, FINANCE, CARE DELIVERY | 40 | $573,488 |
| HOWARD KERN | FORMER OFFICER | — | $3,382,628 |
| VICKY G GRAY | FORMER KE | — | $140,355 |
| GRACE R HINES | FORMER TOP 5 | — | $862,507 |
Recent Activity
Recent developments and announcements
Sentara Health has maintained active grantmaking operations, distributing millions in community grants annually to support healthcare, education, and community development initiatives across its service region. The organization also operates Sentara Health Plans (formerly Optima Health), an insurance subsidiary providing health coverage to individuals, families, and employers.
Sentara Health awards $5.3 million in grants to support more than ...Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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