York Hospital
- Assets
- $137.6m
- Revenue
- $221.5m
- Investments
- $2.5m
- Employees
- 1,450
- Location
- York, ME
- Founding
- 05/1938
- Data as of
- 12/2021
- EIN
- 01-0212444
Organization Overview
York Hospital is located in York, ME. The organization was established in 1938. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. As of 12/2021, York Hospital employed 1,450 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. York Hospital is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, York Hospital generated $221.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $208.8m during the year ending 12/2021. While expenses have increased by 2.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
COMMUNITY HOSPITAL
Describe the Organization's Program Activity:
YORK HOSPITAL IS A NOT-FOR-PROFIT HEALTH CARE CENTER ESTABLISHED TO PROVIDE HEALTH CARE SERVICES TO THE YORK COUNTY AREA. IT OFFERS BOTH INPATIENT AND OUTPATIENT ACUTE SERVICES AND HAS 79 LICENSED ACUTE BEDS. THE HOSPITAL HAS OUTPATIENT SATELLITE SERVICES IN WELLS, KITTERY, BERWICK, SOUTH BERWICK, SANFORD, AND NEWINGTON, NH.YORK HOSPITAL IS COMMITTED TO ENHANCING THE HEALTH AND WELLNESS OF THE COMMUNITIES WE SERVE. OUR VISION IS TO BE THE COMMUNITY'S TRUSTED HEALTH PARTNER DEDICATED TO CLINICAL EXCELLENCE AND SERVICE, EMPOWERING PEOPLE TO LIVE THEIR BEST POSSIBLE LIVES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter Dourdoufis MD Cardiologist | 40 | $794,403 | |
Jeffrey Colness MD Cardiologist | 40 | $777,713 | |
Jeffrey Lockhart Anesthesiologist | 40 | $574,315 | |
Jud Knox Former President/ceo | 0 | $568,500 | |
Alex Gold Cardiologist | 40 | $559,574 | |
Daneille Leighton Radilogist | 40 | $533,762 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Seacoast Pathology Inc Contract Pathology Services | 12/30/21 | $2,994,139 |
Weatherby Locums Inc Locum Tenums Services | 12/30/21 | $1,765,518 |
Medifis Locum Staffing | 12/30/21 | $2,609,115 |
Ecg Management Consultants Consulting Services | 12/30/21 | $1,445,580 |
Quest Diagnostics Inc Contract Laboratory Services | 12/30/21 | $972,065 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $26,250 |
| Membership dues | $0 |
| Fundraising events | $21,436 |
| Related organizations | $0 |
| Government grants | $4,248,276 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,029,137 |
| Noncash contributions included in lines 1a–1f | $6,073 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,325,099 |
| Total Program Service Revenue | $210,090,396 |
| Investment income | $328,733 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $92,816 |
| Net Gain/Loss on Asset Sales | $5,616,411 |
| Net Income from Fundraising Events | -$1,265 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $221,452,190 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $134,569 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $2,435,119 |
| Compensation of current officers, directors, key employees. | $173,322 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $84,122,142 |
| Pension plan accruals and contributions | $1,239,752 |
| Other employee benefits | $13,627,533 |
| Payroll taxes | $5,818,681 |
| Fees for services: Management | $2,294,251 |
| Fees for services: Legal | $330,842 |
| Fees for services: Accounting | $168,572 |
| Fees for services: Lobbying | $12,795 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $8,014 |
| Fees for services: Other | $20,644,654 |
| Advertising and promotion | $172,697 |
| Office expenses | $6,625,004 |
| Information technology | $1,599 |
| Royalties | $0 |
| Occupancy | $6,605,834 |
| Travel | $182,357 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $10,030 |
| Interest | $463,186 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,360,036 |
| Insurance | $3,524,939 |
| All other expenses | $0 |
| Total functional expenses | $208,779,095 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,424,800 |
| Savings and temporary cash investments | $4,817,040 |
| Pledges and grants receivable | $645,523 |
| Accounts receivable, net | $20,604,286 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $5,506,554 |
| Prepaid expenses and deferred charges | $2,682,719 |
| Net Land, buildings, and equipment | $42,504,982 |
| Investments—publicly traded securities | $40,763,723 |
| Investments—other securities | $2,497,718 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $14,123,606 |
| Total assets | $137,570,951 |
| Accounts payable and accrued expenses | $35,556,929 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $8,436,752 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $5,538,492 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $16,894,199 |
| Total liabilities | $66,426,372 |
| Net assets without donor restrictions | $50,360,406 |
| Net assets with donor restrictions | $20,784,173 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $137,570,951 |
Grants Recieved
Over the last fiscal year, we have identified 12 grants that York Hospital has recieved totaling $434,596.
| Awarding Organization | Amount |
|---|---|
Peterson Family Foundation Fairfax, VA PURPOSE: GENERAL SUPPORT | $208,333 |
Baldwin Foundation New York, NY PURPOSE: GENERAL PURPOSES | $100,000 |
Maine Health Access Foundation Inc Augusta, ME PURPOSE: ASSESS FOR SUCCESS PROGRAM | $29,785 |
Kennebunk Savings Bank Foundation Kennebunk, ME PURPOSE: YORK HOSPITAL RECOVERY CENTER | $25,000 |
T Rowe Price Program For Charitable Giving Inc Baltimore, MD PURPOSE: SPECIAL PROJECT | $25,000 |
United Way Inc Portland, ME PURPOSE: Community Investment | $15,000 |
Endowment Analysis
| Beg. Balance | $18,572,340 |
| Earnings | $1,964,538 |
| Net Contributions | $739,411 |
| Other Expense | $492,116 |
| Ending Balance | $20,784,173 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Concord Hospital Inc Concord, NH | $790,822,441 | $622,809,517 |
Elliot Hospital Of The City Of Manchester Manchester, NH | $676,110,969 | $594,778,887 |
Catholic Medical Center Manchester, NH | $518,751,919 | $548,724,237 |
Central Maine Medical Center Lewiston, ME | $261,602,490 | $415,757,957 |
Exeter Hospital Inc Exeter, NH | $369,586,384 | $318,717,288 |
Southern New Hampshire Medical Center Nashua, NH | $437,025,715 | $313,798,950 |
St Marys Regional Medical Center Lewiston, ME | $137,492,595 | $248,635,435 |
St Joseph Hospital Of Nashua Nh Nashua, NH | $290,885,778 | $272,191,009 |
Mercy Hospital Portland, ME | $246,085,431 | $253,284,486 |
Cheshire Medical Center Keene, NH | $168,346,405 | $247,398,804 |
York Hospital York, ME | $137,570,951 | $221,452,190 |
St Joseph Hospital Bangor, ME | $73,052,907 | $183,023,757 |