Jefferson Health-Northeast
- Assets
- $1.2b
- Revenue
- $601.0m
- Investments
- $0.0
- Employees
- 3,680
- Location
- Philadelphia, PA
- Founding
- 02/1936
- Data as of
- 06/2021
- EIN
- 23-0596940
Organization Overview
Jefferson Health-Northeast, operating under the name Jefferson Health - Northeast, is located in Philadelphia, PA. The organization was established in 1936. 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 06/2021, Jefferson Health - Northeast employed 3,680 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jefferson Health - Northeast 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 06/2021, Jefferson Health - Northeast generated $601.0m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $535.2m during the year ending 06/2021. While expenses have increased by 2.5% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF JEFFERSON HEALTH - NORTHEAST IS TO IMPROVE LIVES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EXPENSES INCURRED IN PROVIDING EMERGENCY AND MEDICALLY NECESSARY HEALTHCARE SERVICES TO ALL INDIVIDUALS IN A NON-DISCRIMINATORY MANNER REGARDLESS OF RACE, COLOR, CREED, SEX, NATIONAL ORIGIN, OR ABILITY TO PAY. PLEASE REFER TO SCHEDULE O FOR THE ORGANIZATION'S COMMUNITY BENEFIT STATEMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert E Booth MD Trustee | Trustee | 55 | $1,414,972 |
Richard Galup MBA Ms Otrl President & COO | Officer | 55 | $609,394 |
Ronald Kumor Svp/cao | Officer | 55 | $538,887 |
Michelle Conley RN Trustee - Cno | Trustee | 55 | $478,977 |
Gary W Welch DO Chief Medical Officer | Officer | 55 | $457,146 |
William Degnan VP Finance | 55 | $307,401 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Thomas Jefferson University Corporate Services | 6/29/21 | $107,668,577 |
Ernest Bock Sons Inc Construction | 6/29/21 | $7,728,440 |
Sodexo Inc Food/catering | 6/29/21 | $5,245,292 |
Medical Imaging Associates Lp Medical | 6/29/21 | $2,590,000 |
Union Roofing Contractors Construction | 6/29/21 | $2,415,422 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $143,213 |
| Related organizations | $0 |
| Government grants | $41,835,389 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,415,201 |
| Noncash contributions included in lines 1a–1f | $7,650 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $43,393,803 |
| Total Program Service Revenue | $542,769,954 |
| Investment income | $7,114,817 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $669,305 |
| Net Gain/Loss on Asset Sales | $5,565,237 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $2,700 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $600,987,127 |
| 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. | $3,825,319 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $241,133,992 |
| Pension plan accruals and contributions | $5,642,427 |
| Other employee benefits | $22,305,921 |
| Payroll taxes | $13,256,689 |
| Fees for services: Management | $2,472,002 |
| Fees for services: Legal | $1,607,152 |
| Fees for services: Accounting | $333,526 |
| Fees for services: Lobbying | $28,399 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $53,609,538 |
| Advertising and promotion | $2,458,743 |
| Office expenses | $7,192,327 |
| Information technology | $13,318,876 |
| Royalties | $0 |
| Occupancy | $8,633,618 |
| Travel | $60,286 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $211,464 |
| Interest | $2,364,017 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $35,231,166 |
| Insurance | $15,756,249 |
| All other expenses | $5,505,222 |
| Total functional expenses | $535,178,612 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $9,880,977 |
| Pledges and grants receivable | $530,306 |
| Accounts receivable, net | $51,502,200 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $12,051,154 |
| Prepaid expenses and deferred charges | $1,723,354 |
| Net Land, buildings, and equipment | $253,670,935 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $157,114,622 |
| Intangible assets | $0 |
| Other assets | $763,368,364 |
| Total assets | $1,249,841,912 |
| Accounts payable and accrued expenses | $68,317,001 |
| Grants payable | $0 |
| Deferred revenue | $210,191 |
| 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 | $306,873,439 |
| Total liabilities | $375,400,631 |
| Net assets without donor restrictions | $869,643,896 |
| Net assets with donor restrictions | $4,797,385 |
| 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 | $1,249,841,912 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Jefferson Health-Northeast has recieved totaling $21,050.
| Awarding Organization | Amount |
|---|---|
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $21,050 |
Endowment Analysis
| Earnings | $4,079 |
| Net Contributions | $41,671 |
| Ending Balance | $45,750 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
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 |
Kettering College Miamisburg, OH | $1,728,903,615 | $1,055,020,178 |
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 |
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 |
Sinai Hospital Of Baltimore Inc Baltimore, MD | $642,141,254 | $936,777,270 |
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 |