St Josephs Hospital Health Center
- Assets
- $481.7m
- Revenue
- $632.2m
- Investments
- $44.7m
- Employees
- 4,432
- Location
- Syracuse, NY
- Founding
- 07/1971
- Data as of
- 06/2021
- EIN
- 15-0532254
Organization Overview
St Josephs Hospital Health Center is located in Syracuse, NY. The organization was established in 1971. 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 06/2021, St Josephs Hospital Health Center employed 4,432 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. St Josephs Hospital Health Center 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 06/2021, St Josephs Hospital Health Center generated $632.2m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.4% each year. All expenses for the organization totaled $603.6m during the year ending 06/2021. 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
TO PROVIDE HEALTH CARE AND HOSPITAL SERVICES
Describe the Organization's Program Activity:
ST. JOSEPH'S HEALTH IS A NON-PROFIT REGIONAL HEALTH CARE SYSTEM BASED IN SYRACUSE, NY, PROVIDING SERVICES TO PATIENTS THROUGHOUT CENTRAL NEW YORK AND NORTHERN PENNSYLVANIA. FROM PRIMARY TO SPECIALTY TO HOME CARE, TO OUR MAGNET-RECOGNIZED HOSPITAL, AND IN COLLABORATION WITH OUR COMMUNITY PARTNERS, ST. JOSEPH'S HEALTH IS ADVANCING THE HEALTH OF THE COMMUNITIES WE SERVE THROUGH AN EXPANDING RANGE OF HEALTH CARE SERVICES TO ENSURE OUR PATIENTS ACHIEVE OPTIMUM LONG-TERM HEALTH. ST. JOSEPH'S HOSPITAL HEALTH CENTER HAS BEEN, AND REMAINS, THE BACKBONE OF OUR INTEGRATED SYSTEM, DELIVERING AWARD-WINNING CARE AND PROVIDING ENHANCED VALUE TO OUR PRIMARY, SPECIALIZED, AND URGENT CARE FACILITIES THROUGHOUT THE REGION. THE 451-BED COMPREHENSIVE MEDICAL CARE INSTITUTION PROVIDES TOP-RATED CARDIAC AND ORTHOPEDIC CARE, GENERAL MEDICAL AND SURGICAL CARE, AND A LEVEL-III NICU. SPECIALTY SERVICES INCLUDE HEMODIALYSIS, MATERNITY SERVICES, A SEPARATE BIRTH CENTER, EMERGENCY CARE, INTENSIVE CARE, WOUND CARE, DENTAL SERVICES, BEHAVIORAL HEALTH AND CERTIFIED HOME HEALTH CARE. ST. JOSEPH'S HOSPITAL HEALTH CENTER (ST. JOSEPH'S) ALSO OPERATES TWO STATE-OF-THE-ART AMBULATORY SURGERY CENTERS FOR OUTPATIENT SURGERY SERVICES THAT DO NOT REQUIRE AN OVERNIGHT STAY. LOCATED IN LIVERPOOL AND FAYETTEVILLE, THE AWARD-WINNING SURGERY CENTERS OFFER GENERAL SURGERY, UROLOGY, EAR, NOSE AND THROAT, ORTHOPEDICS, PODIATRY, DENTAL SURGERY, AND PAIN MANAGEMENT SERVICES.PLEASE SEE SCHEDULE H AND OUR WEBSITE FOR ADDITIONAL INFORMATION ABOUT OUR SERVICES, RECOGNITIONS AND AWARDS: WWW.SJHSYR.ORG
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Tucker MD Physician | 50 | $433,887 | |
Russell Firman MD Physician | 50 | $360,132 | |
Geoffrey Hopkins MD Psychiatrist | 50 | $306,704 | |
Narayana Reddy MD Psychiatrist | 50 | $300,650 | |
Kwame Adusei MD Physician | 50 | $226,629 | |
Philip Falcone MD Chief Medical Officer As Of 10/20 | Officer | 50 | $204,704 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Laboratory Alliance Of Cny Llc Lab Services | 6/29/21 | $17,375,131 |
Hayner Hoyt Corporation Construction Services | 6/29/21 | $6,584,725 |
Fresenius Management Services Medical Services | 6/29/21 | $2,130,439 |
American Anesthesiology Of Syracuse Medical Services | 6/29/21 | $5,035,177 |
Syracuse Orthopedic Specialist Medical Services | 6/29/21 | $3,663,203 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $11,442 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $10,977,805 |
| Government grants | $22,949,634 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,334,225 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $35,273,106 |
| Total Program Service Revenue | $551,460,754 |
| Investment income | $3,342,482 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $380,808 |
| Net Gain/Loss on Asset Sales | $4,766,979 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $632,171,015 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $45,601,521 |
| Grants and other assistance to domestic individuals. | $139,300 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $2,984,665 |
| Compensation of current officers, directors, key employees. | $2,984,665 |
| Compensation to disqualified persons | $1,249,841 |
| Other salaries and wages | $209,074,881 |
| Pension plan accruals and contributions | $8,345,844 |
| Other employee benefits | $25,627,911 |
| Payroll taxes | $14,461,566 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $328,129 |
| Fees for services: Accounting | $15,454 |
| Fees for services: Lobbying | $90,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $401,074 |
| Fees for services: Other | $57,492,469 |
| Advertising and promotion | $2,566,313 |
| Office expenses | $6,321,214 |
| Information technology | $24,713,803 |
| Royalties | $0 |
| Occupancy | $12,692,465 |
| Travel | $711,241 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $72,561 |
| Interest | $11,069,698 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $30,825,473 |
| Insurance | $3,403,908 |
| All other expenses | $6,032,235 |
| Total functional expenses | $603,628,299 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,119,292 |
| Savings and temporary cash investments | $2,758,908 |
| Pledges and grants receivable | $95,615 |
| Accounts receivable, net | $65,856,103 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $159,058 |
| Inventories for sale or use | $11,864,479 |
| Prepaid expenses and deferred charges | $1,706,297 |
| Net Land, buildings, and equipment | $210,935,578 |
| Investments—publicly traded securities | $83,958,849 |
| Investments—other securities | $44,650,453 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $50,579,299 |
| Total assets | $481,683,931 |
| Accounts payable and accrued expenses | $78,832,066 |
| Grants payable | $0 |
| Deferred revenue | $1,887,270 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $3,964,642 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $1,125,635 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $373,829,686 |
| Total liabilities | $459,639,299 |
| Net assets without donor restrictions | $7,492,444 |
| Net assets with donor restrictions | $14,552,188 |
| 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 | $481,683,931 |
Grants Awarded
Over the last fiscal year, St Josephs Hospital Health Center has awarded $45,601,521 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Syracuse, NY PURPOSE: GENERAL SUPPORT | $45,519,370 |
Syracuse, NY PURPOSE: GENERAL SUPPORT | $82,151 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that St Josephs Hospital Health Center has recieved totaling $1,135,021.
| Awarding Organization | Amount |
|---|---|
Mother Cabrini Health Foundation New York, NY PURPOSE: PROJECT COMPASSION: CENTER OF MEDICAL, PALLIATIVE, AND SPIRITUAL SUPPORT | $500,000 |
Mother Cabrini Health Foundation New York, NY PURPOSE: IN THE AFTERMATH OF COVID-19: ADDRESSING GAPS IN CARE FOR DISPARATE POPULATIONS | $500,000 |
Mother Cabrini Health Foundation New York, NY PURPOSE: BEST FOOT FORWARD FROM PREGNANCY TO EARLY CHILDHOOD HEALTH & DEVELOPMENT | $100,000 |
Security Mutual Life Insurance Company Flood Relief Charitable Tr Binghamton, NY PURPOSE: FUNDING DISTRESSED CANCER FAMILIES | $35,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $21 |
Endowment Analysis
| Beg. Balance | $12,867,124 |
| Earnings | $1,555,370 |
| Net Contributions | $1,768,234 |
| Other Expense | $1,638,540 |
| Ending Balance | $14,552,188 |
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 |