Grand View Hospital
- Assets
- $554.3m
- Revenue
- $241.7m
- Investments
- $3.2m
- Employees
- 2,238
- Location
- Sellersville, PA
- Founding
- 02/1937
- Data as of
- 06/2022
- EIN
- 23-1352181
Organization Overview
Grand View Hospital, operating under the name Grand View Health, is located in Sellersville, PA. 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 06/2022, Grand View Health employed 2,238 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Grand View Health 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 06/2022, Grand View Health generated $241.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $266.9m during the year ending 06/2022. While expenses have increased by 5.3% 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
LEADING OUR COMMUNITY TO A HEALTHIER FUTURE.
Describe the Organization's Program Activity:
GRAND VIEW HEALTH'S MISSION, VISION AND VALUES STATEMENT EXEMPLIFIES HOW WE ARE DEDICATED TO SERVING OUR COMMUNITY. OUR BOARD OF TRUSTEES, MANAGEMENT AND THE PATIENT EXPERIENCE TEAM SUPPORTS THESE WORDS WHICH ARE THE VERY ESSENCE OF GRAND VIEW HEALTH'S IMPORTANT ROLE IN THE REGION. WE SHARE THIS PHILOSOPHY THROUGHOUT THE HEALTH SYSTEM AND INCORPORATE IT INTO OUR NEW EMPLOYEE ORIENTATION PROGRAM. WE ARE PROUD THAT "LEADING OUR COMMUNITY TO A HEALTHIER FUTURE" IS OUR CREDO, ONE THAT IS TIGHTLY WOVEN IN TO EVERYTHING WE DO, EVERY DAY. OUR MISSION: LEADING THE COMMUNITY TO A HEALTHIER FUTURE. OUR VISION: TO BE RECOGNIZED FOR EXCELLENCE AND CHOSEN FOR CARING. OUR VALUES: COMPASSION, INTEGRITY, RESPECT, COLLABORATION, LEADERSHIP, EXCELLENCE AND SERVICE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Treasurer (beg Sept 2021) | OfficerTrustee | 4 | $0 |
Name Not Listed Secretary | OfficerTrustee | 4 | $0 |
Name Not Listed Treasurer (until Sept 2021) | OfficerTrustee | 4 | $0 |
Name Not Listed Vice Chairman | OfficerTrustee | 4 | $0 |
Name Not Listed Chairman | OfficerTrustee | 4 | $0 |
Name Not Listed Trustee | Trustee | 4 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Grand View Radiology Services Radiology Services | 6/29/22 | $1,547,833 |
Grand View Anesthesia Associates Anesthesia Physician Services | 6/29/22 | $9,492,053 |
University Of Penn Medical Group Trauma/cancer Physician Services | 6/29/22 | $3,323,923 |
Upper Bucks Orthopaedic Associates Ortho Physician Services | 6/29/22 | $3,295,000 |
Montgomery County Pulmonary & Sleep Cons Pulmonary Physician Services | 6/29/22 | $1,551,531 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $83,977 |
| Related organizations | $840,000 |
| Government grants | $0 |
| 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 | $923,977 |
| Total Program Service Revenue | $218,376,183 |
| Investment income | $2,951,417 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $2,098,332 |
| Net Gain/Loss on Asset Sales | $16,200,159 |
| Net Income from Fundraising Events | $64,304 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $241,694,976 |
| 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. | $4,566,391 |
| Compensation of current officers, directors, key employees. | $2,739,834 |
| Compensation to disqualified persons | $135,655 |
| Other salaries and wages | $114,469,099 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $14,010,034 |
| Payroll taxes | $7,781,159 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $544,402 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $45,229,377 |
| Advertising and promotion | $1,672,894 |
| Office expenses | $919,737 |
| Information technology | $5,362,581 |
| Royalties | $0 |
| Occupancy | $6,101,257 |
| Travel | $229,162 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $275,334 |
| Interest | $4,230,418 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $14,011,163 |
| Insurance | $2,218,838 |
| All other expenses | $857,603 |
| Total functional expenses | $266,854,118 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,791,893 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $32,706,214 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $6,000,181 |
| Prepaid expenses and deferred charges | $2,235,937 |
| Net Land, buildings, and equipment | $187,741,783 |
| Investments—publicly traded securities | $306,177,440 |
| Investments—other securities | $3,209,258 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $14,484,317 |
| Total assets | $554,347,023 |
| Accounts payable and accrued expenses | $61,277,034 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $313,132,774 |
| 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 | $16,205,635 |
| Total liabilities | $390,615,443 |
| Net assets without donor restrictions | $160,264,580 |
| Net assets with donor restrictions | $3,467,000 |
| 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 | $554,347,023 |