Garnet Health Medical Center Catskills
- Assets
- $107.8m
- Revenue
- $110.0m
- Investments
- $0.0
- Employees
- 837
- Location
- Harris, NY
- Founding
- 07/1968
- Data as of
- 12/2021
- EIN
- 14-6049030
Organization Overview
Garnet Health Medical Center Catskills is located in Harris, NY. The organization was established in 1968. 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, Garnet Health Medical Center Catskills employed 837 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Garnet Health Medical Center Catskills 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, Garnet Health Medical Center Catskills generated $110.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $107.7m during the year ending 12/2021. While expenses have increased by 1.8% 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
THE MISSION OF GARNET HEALTH MEDICAL CENTER - CATSKILLS IS TO IMPROVE THE HEALTH OF THE COMMUNITY BY PROVIDING EXCEPTIONAL HEALTHCARE OVER A BROAD RANGE OF QUALITY HEALTHCARE SERVICES.
Describe the Organization's Program Activity:
GARNET HEALTH MEDICAL CENTER - CATSKILLS IS LICENSED FOR 139 BEDS (EXCLUDING SNU, MOTHER/BABY AND MENTAL HEALTH) MAINTAINED ON TWO CAMPUSES IN HARRIS, NEW YORK AND CALLICOON, NEW YORK. DURING 2021, CATSKILLS HAD 2,957 ACUTE INPATIENT DISCHARGES.
EXPENSES INCURRED WHILE PERFORMING 394,688 OUTPATIENT PROCEDURES FOR PATIENTS IN THE SURROUNDING COMMUNITY.
CATSKILLS IS LICENSED FOR 64 BEDS IN ITS SKILLED NURSING UNIT LOCATED AT THE HARRIS CAMPUS. EXPENSES INCURRED WHILE PROVIDING SERVICES TO 110 PATIENTS IN THE SKILLED NURSING UNIT. IN OCTOBER, 2021 THE SNU WAS CLOSED AND PATIENTS WERE TRANSFERRED TO OTHER AREA SKILLED NURSING FACILITIES.
CATSKILLS IS LICENSED FOR 12 MATERNITY AND 18 PSYCHIATRIC BEDS AT ITS HARRIS CAMPUS.EXPENSES INCURRED WHILE PROVIDING OTHER INPATIENT SERVICES FOR MOTHER/BABY AND MENTAL HEALTH FOR 1,581 PATIENTS FROM THE SURROUNDING COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Former Cmo | 0 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Garnet Health Doctors Pc Physicians | 12/30/21 | $7,882,777 |
K & P Facilities Maintenance Facilities Maintenance | 12/30/21 | $1,705,654 |
Lab Corp Of America Lab Services | 12/30/21 | $1,812,311 |
Morrison Mgmt Specialists Inc Food Svc Management | 12/30/21 | $1,673,244 |
Restorixhealth Inc Wound Care Services | 12/30/21 | $1,443,677 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $142,469 |
| Government grants | $7,756,367 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,293 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,900,129 |
| Total Program Service Revenue | $100,134,708 |
| Investment income | $116,492 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $963,022 |
| Net Gain/Loss on Asset Sales | $324,868 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $110,012,823 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $15,729 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $338,082 |
| Compensation of current officers, directors, key employees. | $338,082 |
| Compensation to disqualified persons | $263,257 |
| Other salaries and wages | $42,265,059 |
| Pension plan accruals and contributions | $2,885,315 |
| Other employee benefits | $9,101,043 |
| Payroll taxes | $3,256,856 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $98,022 |
| Fees for services: Accounting | $66,290 |
| Fees for services: Lobbying | $11,646 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $18,537 |
| Fees for services: Other | $24,606,488 |
| Advertising and promotion | $150,759 |
| Office expenses | $2,290,262 |
| Information technology | $1,365,839 |
| Royalties | $0 |
| Occupancy | $2,322,990 |
| Travel | $30,048 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,375 |
| Interest | $15,903 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,490,293 |
| Insurance | $1,674,995 |
| All other expenses | $356,385 |
| Total functional expenses | $107,699,290 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,543,810 |
| Savings and temporary cash investments | $25,441,500 |
| Pledges and grants receivable | $133,179 |
| Accounts receivable, net | $13,215,972 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $2,481,565 |
| Prepaid expenses and deferred charges | $602,399 |
| Net Land, buildings, and equipment | $40,540,990 |
| Investments—publicly traded securities | $6,208,188 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $15,625,379 |
| Total assets | $107,792,982 |
| Accounts payable and accrued expenses | $12,374,992 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $15,117 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $34,356,616 |
| Total liabilities | $46,746,725 |
| Net assets without donor restrictions | $54,201,722 |
| Net assets with donor restrictions | $6,844,535 |
| 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 | $107,792,982 |
Grants Awarded
Over the last fiscal year, Garnet Health Medical Center Catskills has awarded $16,750 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Harris, NY PURPOSE: INTERCOMPANY | $11,000 |
Middletown, NY PURPOSE: INTERCOMPANY | $5,750 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Garnet Health Medical Center Catskills has recieved totaling $220,000.
| Awarding Organization | Amount |
|---|---|
Community Foundation Of Orange County Montgomery, NY PURPOSE: PROGRAM SUPPORT | $110,000 |
Community Foundation Of Orange County Montgomery, NY PURPOSE: PROGRAM SUPPORT | $110,000 |
Endowment Analysis
| Beg. Balance | $1,958,705 |
| Ending Balance | $1,958,705 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lahey Clinic Hospital Inc Burlington, MA | $439,333,881 | $1,036,261,688 |
Presbyterian Medical Center Of The University Of Pennsylvania Health Philadelphia, PA | $864,132,692 | $1,007,924,819 |
Newyork-Presbyterian-Queens Flushing, NY | $898,800,022 | $913,594,490 |
New York-Presbyterian Brooklyn Methodist Brooklyn, NY | $1,733,884,296 | $932,635,722 |
Abington Memorial Hospital Philadelphia, PA | $948,017,930 | $858,404,541 |
Englewood Hospital And Medical Center A New Jersey Nonprofit Corp Englewood, NJ | $770,563,796 | $890,451,423 |
Saint Francis Hospital And Medical Center Hartford, CT | $1,654,893,576 | $997,837,414 |
Inspira Medical Centers Inc Bridgeton, NJ | $1,997,035,403 | $960,599,521 |
Valley Hospital Inc Ridgewood, NJ | $2,214,086,950 | $1,000,529,103 |
St Francis Hospital Roslyn, NY | $1,505,143,319 | $834,224,682 |
Virtu-West Jersey Health System Inc Marlton, NJ | $2,706,789,713 | $1,000,808,483 |
Bronxcare Health System Bronx, NY | $743,333,524 | $835,076,495 |