Sisters Of Charity Hospital Of Buffalo New York
- Assets
- $363.4m
- Revenue
- $353.4m
- Investments
- $111.5m
- Employees
- 2,455
- Location
- Buffalo, NY
- Founding
- 03/1946
- Data as of
- 12/2020
- EIN
- 16-0743187
Organization Overview
Sisters Of Charity Hospital Of Buffalo New York is located in Buffalo, NY. The organization was established in 1946. 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, Sisters Of Charity Hospital Of Buffalo New York employed 2,455 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Sisters Of Charity Hospital Of Buffalo New York 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 12/2020, Sisters Of Charity Hospital Of Buffalo New York generated $353.4m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $372.3m during the year ending 12/2020. While expenses have increased by 2.4% per year over the past 6 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF SISTERS OF CHARITY HOSPITAL, AS PART OF THE CATHOLIC HEALTH SYSTEM (CHS) IN WESTERN NEW YORK, IS TO PROVIDE QUALITY HEALTHCARE SERVICES IN AN ACUTE CARE SETTING. COMMITTED TO A COMMON MISSION, THE PROVIDERS OF SISTERS OF CHARITY HOSPITAL CONTINUE THE HEALING MINISTRY OF JESUS, SEEKING TO IMPROVE THE HEALTH OF INDIVIDUALS AND COMMUNITIES. WE PROVIDE HIGH QUALITY SERVICE THAT HAS REVERENCE, COMPASSION, JUSTICE, AND EXCELLENCE. THE 2021 COMMUNITY SERVICE PLAN CAN BE FOUND AT HTTPS://WWW.CHSBUFFALO.ORG/ABOUT-US/COMMUNITY
Describe the Organization's Program Activity:
Part 3 - Line 4a
INPATIENT SERVICES:48,974 ACUTE CARE PATIENT DAYS15,073 NEWBORN PATIENT DAYS24,472 SKILLED NURSING PATIENT DAYS3,154 I/P SURGERIES
OUTPATIENT SERVICES:35,929 ED VISITS NET OF ADMITS241,455 REFERRED AMBULATORY VISITS9,240 OPERATING ROOM4,849 G.I. LABORATORY205 INTERVENTIONAL RADIOLOGY (IXR)
PRIMARY CARE CLINICS:52,277 CLINIC/PRIMARY CARE CENTER VISITS482,013 SUBSTANCE ABUSE VISITS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Ali Ghomi Physician | 55 | $463,258 | |
Dr Bruce Rodgers Physician | 55 | $460,149 | |
Dr Margaret Mcdonnell Physician | 55 | $426,394 | |
Dr Chad Strittmatter Physician | 55 | $395,630 | |
Dr Paul Updike Physician | 55 | $322,311 | |
Aaron Chang President And CEO Soc | OfficerTrustee | 55 | $316,846 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Huffmaster Crisis Response Inc Healthcare Staffing Services | 12/30/21 | $5,456,160 |
Buffalo Medical Group Physician Services | 12/30/21 | $4,184,194 |
Trimedx Healthcare Services | 12/30/21 | $3,118,169 |
Ir Mueller Corp Security Services | 12/30/21 | $1,362,474 |
Angelica Corporation Healthcare Services | 12/30/21 | $1,278,824 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $41,078,331 |
| Investment income | $8,993,198 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $700,356 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $353,422,667 |
| Statement of Expenses | |
|---|---|
| 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. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $140,646,495 |
| Pension plan accruals and contributions | $6,884,906 |
| Other employee benefits | $23,828,545 |
| Payroll taxes | $9,588,916 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $62,215 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $22,080 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $15,168,646 |
| Advertising and promotion | $8,342 |
| Office expenses | $10,785,117 |
| Information technology | $475,396 |
| Royalties | $0 |
| Occupancy | $4,116,180 |
| Travel | $34,400 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $62,795 |
| Interest | $1,557,722 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $11,104,676 |
| Insurance | $4,373,634 |
| All other expenses | $0 |
| Total functional expenses | $372,310,989 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,036 |
| Savings and temporary cash investments | $36,137,780 |
| Pledges and grants receivable | $107,272 |
| Accounts receivable, net | $47,270,111 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $6,318,541 |
| Prepaid expenses and deferred charges | $434,521 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $111,454,805 |
| Investments—program-related | $948,287 |
| Intangible assets | $0 |
| Other assets | $83,067,518 |
| Total assets | $363,352,482 |
| Accounts payable and accrued expenses | $47,244,470 |
| Grants payable | $332,947 |
| Deferred revenue | $6,570,097 |
| Tax-exempt bond liabilities | $42,540,844 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $3,161,122 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $226,651,312 |
| Total liabilities | $326,500,792 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $36,851,690 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Sisters Of Charity Hospital Of Buffalo New York has recieved totaling $150,000.
| Awarding Organization | Amount |
|---|---|
Catholic Health System Continuing Care Foundation Buffalo, NY PURPOSE: HOME CARE PROVIDER | $150,000 |
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 |