Ira Davenport Memorial Hospital Inc
- Assets
- $20.1m
- Revenue
- $26.9m
- Investments
- $0.0
- Employees
- 292
- Location
- Bath, NY
- Founding
- 02/1959
- Data as of
- 12/2021
- EIN
- 16-0835446
Organization Overview
Ira Davenport Memorial Hospital Inc is located in Bath, NY. The organization was established in 1959. 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, Ira Davenport Memorial Hospital Inc employed 292 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ira Davenport Memorial Hospital Inc 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, Ira Davenport Memorial Hospital Inc generated $26.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $26.6m during the year ending 12/2021. While expenses have increased by 1.5% 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
IRA DAVENPORT MEMORIAL HOSPITAL IS DEDICATED TO ENHANCING THE QUALITY OF LIFE WITHIN THEIR RURAL COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IRA DAVENPORT PROVIDED BOTH ACUTE CARE AND LONG-TERM CARE SERVICES TO PATIENTS DURING 2021. THE FRED AND HARRIETT TAYLOR HEALTH CARE CENTER IS A 120 BED LONG-TERM CARE/SKILLED NURSING FACILITY. THE HEALTH CENTER PROVIDES A COMMUNITY FOR PEOPLE WHO REQUIRE ASSISTANCE WITH DAILY LIVING OR AROUND-THE-CLOCK NURSING SERVICES. THE HEALTH CARE CENTER ALSO PROVIDES DAY CARE SERVICES AND REHABILITATION SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jonathan J Lawrence President & CEO | OfficerTrustee | 10 | $0 |
Elizabeth J Weir Site Administrator/vp Of Nursing Idmh | Officer | 40 | $0 |
Stephen Kenney Senior Vp/cfo | Officer | 2 | $0 |
Patricia Baroody Chair | Trustee | 1 | $0 |
Bernard Burns Secretary | Trustee | 1 | $0 |
Werner Brammer MD Board Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Nes Medical Services Of Ny Pc Contracted Medical Staffing | 12/30/20 | $1,386,438 |
Focusone Solutions Llc Contracted Medical Staffing | 12/30/20 | $618,805 |
Medical Solutions Contracted Clinical Staff | 12/30/20 | $511,480 |
Quest Diagnostics Lab Contract Services | 12/30/20 | $328,500 |
Angelica Textile Services Laundry Services-contracted | 12/30/20 | $159,195 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $5,425,254 |
| All other contributions, gifts, grants, and similar amounts not included above | $88,672 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,513,926 |
| Total Program Service Revenue | $21,161,393 |
| Investment income | $822 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $53,141 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $26,878,005 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $9,624,994 |
| Pension plan accruals and contributions | $62,163 |
| Other employee benefits | $2,026,714 |
| Payroll taxes | $718,129 |
| Fees for services: Management | $205,351 |
| Fees for services: Legal | $11,757 |
| Fees for services: Accounting | $5,000 |
| Fees for services: Lobbying | $2,314 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $3,306 |
| Fees for services: Other | $3,704,074 |
| Advertising and promotion | $10,171 |
| Office expenses | $670,136 |
| Information technology | $285,978 |
| Royalties | $0 |
| Occupancy | $412,629 |
| Travel | $7,258 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $14,343 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,172,766 |
| Insurance | -$103,186 |
| All other expenses | $482,152 |
| Total functional expenses | $26,644,882 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $47,459 |
| Savings and temporary cash investments | $1,511,473 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,960,653 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $558,244 |
| Inventories for sale or use | $422,630 |
| Prepaid expenses and deferred charges | $521,557 |
| Net Land, buildings, and equipment | $8,815,945 |
| Investments—publicly traded securities | $850,000 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,461,482 |
| Total assets | $20,149,443 |
| Accounts payable and accrued expenses | $1,954,351 |
| Grants payable | $0 |
| Deferred revenue | $709,205 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $5,868,503 |
| Total liabilities | $8,532,059 |
| Net assets without donor restrictions | $8,445,575 |
| Net assets with donor restrictions | $3,171,809 |
| 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 | $20,149,443 |
Endowment Analysis
| Beg. Balance | $25,612 |
| Ending Balance | $25,612 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Northwestern Medical Center Inc St Albans, VT | $180,177,619 | $138,585,936 |
Lehigh Valley Hospital - Schuykill Allentown, PA | $123,931,422 | $141,448,853 |
Beth Israel Deaconess Hospital - Needham Inc Needham, MA | $170,627,277 | $126,877,037 |
Mount St Marys Hospital Of Niagara Falls Buffalo, NY | $85,822,879 | $119,030,413 |
Windham Community Memorial Hospital Inc Willimantic, CT | $68,084,533 | $121,054,683 |
St Lukes Quakertown Hospital Allentown, PA | $224,667,230 | $112,978,373 |
Claxton-Hepburn Medical Center Odensburg, NY | $148,754,209 | $110,908,691 |
Geneva General Hospital Geneva, NY | $241,263,281 | $108,269,094 |
Upmc Pittsburgh, PA | $122,342,039 | $105,892,952 |
Day Kimball Healthcare Inc Putnam, CT | $92,107,218 | $109,975,454 |
Northeastern Pennsylvania Health Corporation Allentown, PA | $304,803,492 | $145,234,138 |
Nathan Littauer Hospital Association Gloversville, NY | $137,432,154 | $112,130,166 |