Crouse Health Hospital Inc
- Assets
- $301.9m
- Revenue
- $440.3m
- Investments
- $0.0
- Employees
- 3,408
- Location
- Syracuse, NY
- Founding
- 11/1969
- Data as of
- 12/2020
- EIN
- 16-0960470
Organization Overview
Crouse Health Hospital Inc, operating under the name Crouse Hospital, is located in Syracuse, NY. The organization was established in 1969. 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, Crouse Hospital employed 3,408 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Crouse 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 12/2020, Crouse Hospital generated $440.3m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.6% each year. All expenses for the organization totaled $423.5m during the year ending 12/2020. While expenses have increased by 0.1% 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
TO PROVIDE THE BEST IN PATIENT CARE AND TO PROMOTE COMMUNITY HEALTH
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVISION OF HEALTHCARE SERVICES. CROUSE HEALTH HOSPITAL, INC. PROVIDES A VARIETY OF HEALTHCARE SERVICES TO A 15-COUNTY AREA IN CENTRAL NEW YORK. THE HOSPITAL OPERATES 505 ACUTE-CARE BEDS INCLUDING 57 BASSINETS. CROUSE HOSPITAL SERVICES APPROXIMATELY 21,200 INPATIENTS, MORE THAN 57,200 EMERGENCY SERVICE PATIENTS, AND MORE THAN 343,000 OUTPATIENTS ANNUALLY. CROUSE HOSPITAL PROVIDED APPROXIMATELY $2.4 MILLION IN CHARITY CARE IN 2021. ADDITIONAL DETAILS ON CROUSE HOSPITAL'S EXEMPT PURPOSE ACHIEVEMENTS ARE FOUND IN "CROUSE HOSPITAL'S 2020-2022 COMMUNITY SERVICE PLAN" WHICH CAN BE ACCESSED ON THE HOSPITAL WEBSITE WWW.CROUSE.ORG.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kimberly Boynton President And CEO | Officer | 39 | $941,612 |
Seth Kronenberg MD Board Secretary, Cmo | Officer | 39 | $565,140 |
Soheil Altafi MD Physician | 40 | $478,845 | |
Elyn Ring MD Physician | 40 | $435,658 | |
David Mason MD Physician Emergency Dept | 40 | $423,412 | |
Richard Steinmannmd Physician | 40 | $390,536 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Laboratory Alliance Of Cny Professional Medical | 12/30/21 | $13,633,624 |
Hayner Hoyt Corporation Contractor | 12/30/21 | $10,890,471 |
American Anesthesiology Of New York Pc Professional Medical | 12/30/21 | $5,064,731 |
Crouse Medical Group Pc Professional Medical | 12/30/21 | $4,058,254 |
Cerner Health Services Inc It Consulting | 12/30/21 | $3,880,554 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $18,452,818 |
| Investment income | $1,425,492 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $49,174 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $440,287,658 |
| 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. | $1,932,685 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $181,169,471 |
| Pension plan accruals and contributions | $2,519,947 |
| Other employee benefits | $29,216,116 |
| Payroll taxes | $13,049,101 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,241,909 |
| Fees for services: Accounting | $233,668 |
| Fees for services: Lobbying | $66,066 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $16,821,451 |
| Advertising and promotion | $1,231,149 |
| Office expenses | $1,305,037 |
| Information technology | $6,421,144 |
| Royalties | $0 |
| Occupancy | $6,021,867 |
| Travel | $40,674 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $20,108 |
| Interest | $3,903,141 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $18,764,968 |
| Insurance | $5,013,369 |
| All other expenses | $0 |
| Total functional expenses | $423,545,197 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $25,600 |
| Savings and temporary cash investments | $42,218,868 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $47,673,143 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $498,786 |
| Inventories for sale or use | $12,359,541 |
| Prepaid expenses and deferred charges | $9,450,296 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $361 |
| Intangible assets | $0 |
| Other assets | $73,724,805 |
| Total assets | $301,906,146 |
| Accounts payable and accrued expenses | $54,465,550 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $79,513,156 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $1,831,250 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $192,921,773 |
| Total liabilities | $328,731,729 |
| 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 | -$26,825,583 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Crouse Health Hospital Inc has recieved totaling $37,500.
| Awarding Organization | Amount |
|---|---|
Mother Cabrini Health Foundation New York, NY PURPOSE: PROVIDING EXPANDED ADDICTION TREATMENT SERVICES TO PEOPLE WITH SUBSTANCE USE DISORDERS | $37,500 |
Endowment Analysis
| Beg. Balance | $33,210,738 |
| Earnings | $2,243,853 |
| Net Contributions | $984,073 |
| Other Expense | $712,149 |
| Ending Balance | $35,726,515 |
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 |