Rochester General Hospital
- Assets
- $1.9b
- Revenue
- $1.3b
- Investments
- $330.5m
- Employees
- 9,955
- Location
- Rochester, NY
- Founding
- 03/1937
- Data as of
- 12/2021
- EIN
- 16-0743134
Organization Overview
Rochester General Hospital is located in Rochester, NY. The organization was established in 1937. 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, Rochester General Hospital employed 9,955 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rochester General 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, Rochester General Hospital generated $1.3b in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $1.2b during the year ending 12/2021. While expenses have increased by 4.2% 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.
Since 2014, Rochester General Hospital has awarded 84 individual grants totaling $2,180,240. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO OPERATE A GENERAL HOSPITAL IN THE COUNTY OF MONROE, NY FOR MEDICAL AND SURGICAL AID, CARE AND TREATMENT OF PERSONS IN NEED.
Describe the Organization's Program Activity:
SEE SCHEDULE O
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Soon Park Executive Medical Director | 40 | $3,529,126 | |
Daniel Alexander Physician | 40 | $1,632,881 | |
Gordon Whitbeck Physician | 40 | $1,536,965 | |
Eric Bieber MD CEO | OfficerTrustee | 19 | $1,476,244 |
Ronald Kirshner Chief, Cardiothoracic | 40 | $1,440,638 | |
Abrar H Shah Physician | 40 | $1,231,389 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Supplemental Health Care Health Care Consultants | 12/30/21 | $9,088,893 |
Lechase Construction Services Construction Services | 12/30/21 | $21,337,008 |
University Of Rochester Physician Services | 12/30/21 | $5,357,905 |
Dga Builders Llc Construction Services | 12/30/21 | $3,839,724 |
Medical Soulutions Llc Health Care Staffing Services | 12/30/21 | $3,554,725 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $8,007,821 |
| Government grants | $2,559,532 |
| All other contributions, gifts, grants, and similar amounts not included above | $20,767,317 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $31,334,670 |
| Total Program Service Revenue | $1,196,775,107 |
| Investment income | $10,774,451 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $23,737,698 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,281,258,308 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $369,900 |
| 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. | $3,025,346 |
| Compensation of current officers, directors, key employees. | $486,150 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $537,338,685 |
| Pension plan accruals and contributions | $55,956,852 |
| Other employee benefits | $19,017,360 |
| Payroll taxes | $40,194,835 |
| Fees for services: Management | $175,260 |
| Fees for services: Legal | $59,114 |
| Fees for services: Accounting | $49,265 |
| Fees for services: Lobbying | $158,440 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $104,350,815 |
| Advertising and promotion | $56,163 |
| Office expenses | $6,760,823 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $45,066,576 |
| Travel | $492,943 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $13,195,970 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $54,670,941 |
| Insurance | $11,423,575 |
| All other expenses | $7,900 |
| Total functional expenses | $1,173,234,731 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,317,740 |
| Savings and temporary cash investments | $158,248,580 |
| Pledges and grants receivable | $1,712,740 |
| Accounts receivable, net | $69,457,394 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $1,837,203 |
| Inventories for sale or use | $22,523,187 |
| Prepaid expenses and deferred charges | $15,799,776 |
| Net Land, buildings, and equipment | $634,683,894 |
| Investments—publicly traded securities | $120,693,031 |
| Investments—other securities | $330,515,122 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $525,645,726 |
| Total assets | $1,891,434,393 |
| Accounts payable and accrued expenses | $195,187,285 |
| Grants payable | $0 |
| Deferred revenue | $87,514,652 |
| Tax-exempt bond liabilities | $330,855,953 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $364,973,129 |
| Total liabilities | $978,531,019 |
| Net assets without donor restrictions | $855,657,189 |
| Net assets with donor restrictions | $57,246,185 |
| 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 | $1,891,434,393 |
Grants Awarded
Over the last fiscal year, Rochester General Hospital has awarded $369,900 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
ROCHESTER INTERNATIONAL JAZZ FESTIVAL LLC PURPOSE: SPONSORSHIP | $55,000 |
Rochester, NY PURPOSE: SPONSORSHIP | $50,000 |
Canandaigua, NY PURPOSE: SPONSORSHIP | $50,000 |
Rochester, NY PURPOSE: SPONSORSHIP | $50,000 |
Rochester, NY PURPOSE: SPONSORSHIP | $26,000 |
Rochester, NY PURPOSE: SPONSORSHIP | $25,000 |
Grants Recieved
Over the last fiscal year, we have identified 11 grants that Rochester General Hospital has recieved totaling $11,630,332.
| Awarding Organization | Amount |
|---|---|
Rochester Regional Health Foundation Rochester, NY PURPOSE: PROJECT FUNDING | $9,016,666 |
Mosaic Health Inc Rochester, NY PURPOSE: FOR USE AS PERMISSIBLE BY THE GRANTS EXCLUDING CAPITAL OUTLAYS. | $2,096,192 |
Mother Cabrini Health Foundation New York, NY PURPOSE: LICENSED PRACTICAL NURSE TRAINING FOR LOW INCOME INDIVIDUALS | $200,000 |
Greater Rochester Health Foundation Rochester, NY PURPOSE: RESPONSIVE | $183,945 |
Rochester Regional Library Council Rochester, NY PURPOSE: To give assistance to libraries in the community. | $46,341 |
American Heart Association Inc Dallas, TX PURPOSE: HEART ATTACK CARE | $27,969 |
Endowment Analysis
| Beg. Balance | $2,942,128 |
| Net Contributions | $1,125,342 |
| Ending Balance | $4,067,470 |
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 |