Arnot Ogden Medical Center
- Assets
- $305.1m
- Revenue
- $388.7m
- Investments
- $0.0
- Employees
- 3,365
- Location
- Elmira, NY
- Founding
- 02/1937
- Data as of
- 12/2021
- EIN
- 16-0743905
Organization Overview
Arnot Ogden Medical Center is located in Elmira, 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, Arnot Ogden Medical Center employed 3,365 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arnot Ogden Medical 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 12/2021, Arnot Ogden Medical Center generated $388.7m 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 $381.9m during the year ending 12/2021. While expenses have increased by 4.0% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
ARNOT OGDEN MEDICAL CENTER IS A COMMUNITY BASED HOSPITAL WITH AN OPEN EMERGENCY ROOM AND SELECTED HIGHLY SPECIALIZED SERVICES THAT ARE PART OF A HIGH QUALITY HEALTH CARE DELIVERY SYSTEM THAT SERVES CHEMUNG COUNTY, NY AND THE TWIN TIER REGIONS OF NEW YORK AND PENNSYLVANIA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ARNOT OGDEN MEDICAL CENTER CONTINUES TO PROVIDE OF HEALTH CARE RELATED SERVICES SINCE IT OPENED IN 1889, SERVING CHEMUNG COUNTY AND THE TWIN TIER REGIONS OF NEW YORK AND PENNSYLVANIA. THE MEDICAL CENTER SPECIALIZED IN THE FIELDS OF CARDIOLOGY, ONCOLOGY, RENAL, NEONATOLOGY, BARIATRIC AND EMERGENCY CARE. OTHER SUB SPECIALIZED SERVICES INCLUDE, BUT ARE NOT LIMITED TO, ANESTHESIOLOGY, SURGERY, LABORATORY, IMAGING, PHYSICAL THERAPY, OBSTETRICS, AND GYNECOLOGY. IN 2021, THE MEDICAL CENTER'S 2,272 FULL-TIME EQUIVALENT OF EMPLOYEES CARED FOR 8,541 INPATIENT ADMISSIONS IN ITS 226 STAFFED BEDS. THE MEDICAL CENTER PROVIDED OUTPATIENT SERVICES TO APPROXIMATELY 493,077 OUTPATIENT VISITS IN ITS SUBSPECIALTY SERVICES. THE APPROXIMATELY 177 FULL-TIME EQUIVALENTS OF PHYSICIANS PROVIDED FOR 311,979 OFFICE VISITS IN THE AREAS OF PRIMARY CARE AND SPECIALTY SERVICES.
THE ARNOT OGDEN MEDICAL CENTER SCHOOL OF NURSING BEGAN IN 1889 AND FULLY MIGRATED TO OFFERING A TWO-YEAR ASSOCIATE PROGRAM ACCREDITED BY THE NATIONAL LEAGUE FOR NURSING WITH APPROXIMATELY 23 STUDENTS ENROLLED IN 2021. THE ARNOT OGDEN SCHOOL OF RADIOLOGIC SCIENCES BEGAN IN 1953 CONTINUES TO OFFER A TWO-YEAR CERTIFICATE PROGRAM, WHICH IS ACCREDITED BY THE JOINT REVIEW COMMISSION ON EDUCATION IN RADIOLOGIC TECHNOLOGY WITH APPROXIMATELY 12 STUDENTS ENROLLED IN 2021. UPON COMPLETION OF THEIR PROGRAM OF STUDY, STUDENTS ARE ELIGIBLE TO TAKE THE NYS LICENSING EXAMINATIONS FOR REGISTERED NURSE OR RADIOLOGIC TECHNOLOGIST.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vidyasagar Mokureddy MD Pain Mgmt Physician | 40 | $1,087,559 | |
Matthew Brand MD Orthopediac Surgeon | 40 | $957,016 | |
Bryan Jarvis MD Orthopedics | 40 | $897,800 | |
Jonathan Lawrence President & Chief Executive Officer | Officer | 40 | $872,578 |
Ravi Akula MD Cardiologist | 40 | $790,784 | |
William Deluccia MD Cardiologist | 40 | $768,820 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Daniel L Biery Do Contracted Medical Staffing | 12/30/21 | $308,342 |
Richard A Schoor Md Contracted Medical Staffing | 12/30/21 | $228,064 |
Joseph Mathey Contracted Medical Staffing | 12/30/21 | $152,699 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $15,224,312 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,224,312 |
| Total Program Service Revenue | $365,905,064 |
| Investment income | $1,601,163 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $246,270 |
| Net Gain/Loss on Asset Sales | $1,816,937 |
| Net Income from Fundraising Events | $129,965 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$1,442,313 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $388,657,476 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $2,906,938 |
| Compensation of current officers, directors, key employees. | $2,906,938 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $173,772,696 |
| Pension plan accruals and contributions | $4,745,501 |
| Other employee benefits | $43,357,089 |
| Payroll taxes | $11,323,920 |
| Fees for services: Management | $8,887,578 |
| Fees for services: Legal | $281,147 |
| Fees for services: Accounting | $77,523 |
| Fees for services: Lobbying | $11,293 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $109,056 |
| Fees for services: Other | $20,787,465 |
| Advertising and promotion | $1,000,736 |
| Office expenses | $4,512,266 |
| Information technology | $8,928,232 |
| Royalties | $0 |
| Occupancy | $4,246,947 |
| Travel | $215,774 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $356,336 |
| Interest | $1,131,759 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $13,922,444 |
| Insurance | $2,679,229 |
| All other expenses | $4,222,084 |
| Total functional expenses | $381,941,571 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $32,403 |
| Savings and temporary cash investments | $15,748,631 |
| Pledges and grants receivable | $110,498 |
| Accounts receivable, net | $42,004,144 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $4,572,355 |
| Inventories for sale or use | $2,854,226 |
| Prepaid expenses and deferred charges | $5,135,803 |
| Net Land, buildings, and equipment | $111,244,924 |
| Investments—publicly traded securities | $42,511,355 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $80,838,193 |
| Total assets | $305,052,532 |
| Accounts payable and accrued expenses | $40,149,996 |
| Grants payable | $0 |
| Deferred revenue | $137,597 |
| Tax-exempt bond liabilities | $22,057,500 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $6,482,605 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $64,145,031 |
| Total liabilities | $132,972,729 |
| Net assets without donor restrictions | $159,478,005 |
| Net assets with donor restrictions | $12,601,798 |
| 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 | $305,052,532 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Arnot Ogden Medical Center has recieved totaling $3,005.
| Awarding Organization | Amount |
|---|---|
Arthur E & Frances Mayer Rikli Fam Foundation Tr 161775 Columbia, MO PURPOSE: PROJECT SUPPORT | $3,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Endowment Analysis
| Beg. Balance | $3,035,390 |
| Net Contributions | $60,935 |
| Ending Balance | $3,096,325 |
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 |