Holy Redeemer Health System, operating under the name Redeemer Health, is located in Huntingdon Valley, PA. The organization was established in 1946. 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, Redeemer Health employed 3,486 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Redeemer 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 06/2021, Redeemer Health generated $350.5m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.2% each year. All expenses for the organization totaled $324.7m during the year ending 06/2021. While expenses have increased by 2.9% 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.
Since 2015, Redeemer Health has awarded 11 individual grants totaling $1,745,967. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE HOLISTIC HEALTHCARE THROUGH HOSPITAL, LONG-TERM CARE AND HOMECARE SERVICES
Describe the Organization's Program Activity:
HEALTHCARE -- HOLY REDEEMER HOSPITAL IS A 260-BED HOSPITAL WITH A STAFF OF MORE THAN 500 PHYSICIANS. WE ALSO PROVIDE COMPREHENSIVE OUTPATIENT COMMUNITY-BASED DIAGNOSTICS, HOME HEALTH SERVICES, AND REHABILITATION PROGRAMS THAT BRING COMPASSION AND CARING DIRECTLY INTO THE COMMUNITY. OUR PHYSICIANS AND SURGEONS ARE WELL KNOWN FOR THEIR EXPERTISE AND HAVE EARNED THE HOSPITAL AN OUTSTANDING REPUTATION FOR MEDICAL EXCELLENCE. WE PROVIDE AN EXCELLENT SERVICE IN CARDIOLOGY, ONCOLOGY, ORTHOPEDICS, OBSTETRICS, PEDIATRICS, DIAGNOSTICS AND REHABILITATION SERVICES, AND EMERGENCY CARE FROM PEDIATRIC TO GERIATRIC. THE HOSPITAL'S PATIENT ADMISSIONS OR CASES FOR THE YEAR WERE APPROXIMATELY 9,697, FOR A TOTAL PATIENT SERVICE DAYS OF APPROXIMATELY 51,655. THERE WERE APPROXIMATELY 5,043 SURGICAL CASES PERFORMED, BOTH INPATIENT AND OUTPATIENT. APPROXIMATELY 168,838 DIAGNOSTIC AND REHABILITATIVE OUTPATIENT SERVICE CASES WERE PERFORMED.
LIFECARE -- OUR LONG TERM CARE FACILITIES, HOLY REDEEMER LAFAYETTE AND HOLY REDEEMER SAINT JOSEPH MANOR, PROVIDES SERVICES TO OLDER ADULTS AT DIFFERENT LEVELS OF CARE. THE LAFAYETTE IS A WONDERFUL OPTION FOR ADULTS WHO DESIRE TO MAINTAIN AN INDEPENDENT LIFESTYLE WITH THE ADDED ASSURANCE THAT MEDICAL, SOCIAL AND RELIGIOUS SERVICES ARE AVAILABLE. THE FACILITY OFFERS 226 LOVELY PRIVATE RENTAL APARTMENTS SET ON A BEAUTIFUL CAMPUS ADJACENT TO THE WOODS OF PENNYPACK PARK. 54 PERSONAL CARE UNITS ARE ALSO AVAILABLE, AND THE LAFAYETTE'S 120-BED LONG TERM CARE FACILITY PROVIDES A SEAMLESS TRANSITION IF THE NEED FOR SKILLED NURSING CARE ARISES. THE LAFAYETTE IS ALSO A SITE FOR HOLY REDEEMER'S OUTPATIENT REHABILITATION CENTER, WHICH OFFERS SPEECH, OCCUPATIONAL AND PHYSICAL THERAPY.SAINT JOSEPH MANOR HAS BEEN PROVIDING COMPASSIONATE NURSING AND ASSISTED LIVING CARE TO OLDER ADULTS SINCE 1937. THE MANOR OFFERS 63 PERSONAL CARE UNITS, AND 296 LONG TERM CARE SKILLED NURSING SERVICES AND A DEMENTIA UNIT. ADJACENT TO HOLY REDEEMER HOSPITAL AND MEDICAL CENTER, RESIDENTS HAVE CONVENIENT ACCESS TO PHYSICIANS, DIAGNOSTIC AND EMERGENCY SERVICES. BOTH THE MANOR AND LAFAYETTE ARE MEDICARE AND MEDICAID CERTIFIED. TOTAL OCCUPANCY IN BOTH FACILITIES EQUATE TO 61.44% IN NURSING, 66.73% IN PERSONAL CARE, AND 69.03% IN INDEPENDENT.
HOMECARE -- THE FOLLOWING SERVICES ARE PROVIDED: (1) SPECIALIZED NURSING CARE, (2) THERAPY, (3) LIFEASSESS PROGRAM, (4) HEARTASSESS PROGRAM, (5) BREATHE EASY PROGRAM, AND (6) TELEMONITORING.(1) SPECIALIZED NURSING CARE DELIVERED BY OUR HIGHLY-TRAINED NURSING STAFF WITH A COMPASSIONATE APPROACH.(2) THERAPY SERVICES BY OUR SPECIALIZED REHABILITATION THERAPISTS WHO OFFER A VARIETY OF THERAPIES TO MEET THE UNIQUE NEEDS OF EACH PATIENT.(3) LIFEASSESS PROGRAM, A COMPREHENSIVE ASSESSMENT, EDUCATION, SUPPORT AND REHABILITATION PROGRAM THAT IDENTIFIES AND TREATS OLDER ADULTS WHO ARE AT RISK FOR FOUR OF THE MOST COMMON GERIATRIC SYNDROMES - DEPRESSION, DEMENTIA, FALLS RISK AND INCONTINENCE - ALLOWING THEM TO LIVE SAFELY AT HOME.(4) HEARTASSESS PROGRAM, DESIGNED TO IMPROVE QUALITY OF LIFE FOR HEART FAILURE PATIENTS BY HELPING THEM FOCUS ON THE MOST IMPORTANT ASPECTS OF MANAGING THEIR HEART FAILURE AT HOME. PATIENTS ARE TAUGHT SYMPTOM AND MEDICATION MANAGEMENT AND ARE ASSIGNED HOME HEALTH CARE NURSES TO HELP WITH MEDICATIONS, DIET, DISEASE MANAGEMENT AND ASSISTING WITH LIFESTYLE CHANGES.(5) BREATHE EASY PROGRAM, ALLOWS PATIENTS WHO SUFFER FROM CHRONIC OBSTRUCTIVE PULMONARY DISEASE (COPD) TO BETTER MANAGE THEIR CONDITION AT HOME, IMPROVING THEIR OVERALL QUALITY OF LIFE.(6) TELEMONITORING, AN ADVANCED SYSTEM AVAILABLE TO REMOTELY MONITOR VITAL INFORMATION, SUCH AS BLOOD PRESSURE, HEART RATE, WEIGHT AND BLOOD OXYGEN LEVELS FOR CARDIAC PATIENTS OR ANY PATIENTS WHO NEED ADDITIONAL SUPERVISION. RESULTS ARE AUTOMATICALLY TRANSMITTED TO A HOMECARE NURSE WHO WILL PERFORM TRIAGE TO DETERMINE AN APPROPRIATE PLAN OF ACTION.THE HOSPICE DIVISION PROVIDES PAIN RELIEF AND SYMPTOM CONTROL APPROPRIATE TO CLINICAL GOALS. PSYCHOLOGICAL AND SPIRITUAL PAINS ARE AS SIGNIFICANT AS PHYSICAL PAIN. ADDRESSING ALL THREE REQUIRES THE SKILLS OF AN INTERDISCIPLINARY TEAM. THE HOLY REDEEMER HOSPICE TEAM IS GUIDED BY THE NEEDS AND WISHES OF THE PATIENT AND FAMILY AND INCLUDES THEM AS IMPORTANT MEMBERS OF THE CARE TEAM. THE INTEGRATED, MULTI-DISCIPLINARY GROUP INCLUDES: PATIENT AND FAMILY, PATIENT'S PERSONAL PHYSICIAN, HOSPICE MEDICAL DIRECTOR, SPECIALLY TRAINED NURSES, MEDICAL SOCIAL WORKERS, PASTORAL COUNSELORS, HOME HEALTH AIDES, PHYSICAL, OCCUPATIONAL AND SPEECH THERAPISTS, COMPLEMENTARY THERAPISTS, VOLUNTEERS, AND BEREAVEMENT COUNSELORS AVAILABLE TO ASSIST WITH THE GRIEVING PROCESS. A COMPLEMENTARY (OR ALTERNATIVE) THERAPY PROGRAM OFFERS HOLISTIC SOLUTIONS FOR PATIENTS AND FAMILIES. HOLY REDEEMER ALSO OFFERS PALLIATIVE CARE SERVICES WHICH AIM TO PROVIDE COMFORT AND IMPROVE QUALITY OF LIFE AT ANY TIME DURING THE COURSE OF A SERIOUS ADVANCED ILLNESS, OFTEN AT THE SAME TIME AS A CURATIVE OR LIFE PROLONGING TREATMENTS. THE SUPPORT AND EDUCATION PROVIDED BY THE PALLIATIVE CARE TEAM ALSO PROVIDES MUCH NEEDED BENEFITS FOR FAMILY MEMBERS AND CAREGIVERS AND ASSISTS THE PATIENT AND FAMILY TO BETTER UNDERSTAND AND COPE WITH THE ILLNESS, AND IN MAKING CHOICES FOR CARE.THE SUPPORT AT HOME SERVICE PROVIDES PRACTICAL SUPPORT, PEACE OF MIND AND A SAFE AND SOUND ENVIRONMENT. SERVICES INCLUDE PERSONAL CARE, MEAL PREPARATION, LAUNDRY/LIGHT HOUSEKEEPING, ERRANDS AND LOCAL TRANSPORTATION, MOBILITY AND EXERCISE MANAGEMENT, COMPANIONSHIP AND SOCIALIZATION, MEDICATION MANAGEMENT, WELLNESS, AND HEALTH MAINTENANCE. HOMECARE NURSING ADMISSIONS FOR THE FISCAL YEAR WERE 4,776 AND PERFORMED A TOTAL OF 94,084 SERVICE/VISITS IN PATIENTS' HOMES. HOSPICE SERVICE DAYS WERE 40,393 SERVED ON A TOTAL OF 808 PATIENTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Michael B Laign Board Member, President/ceo | OfficerTrustee | 23.1 | $444,286 |
Catherine Egan Senior Vp, Cao | Officer | 40 | $363,354 |
Henry Unger MD Physician | 36 | $361,041 | |
Carl Rosenbaum MD Board Member | 26 | $305,618 | |
Anne Catino VP Hospital | Officer | 40 | $215,377 |
Thomas Harris Senior Vp, General Counsel | 22.6 | $214,381 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Health Network Laboratories Lp Laboratory Services | 6/29/21 | $2,869,175 |
Cura Hospitality Llc Food Services | 6/29/21 | $5,799,541 |
Radiology Affiliates Of Central Nj Pc Radiology Imaging Services | 6/29/21 | $2,188,277 |
Genesis Eldercare Rehabilitation Rehab Services | 6/29/21 | $2,164,821 |
Wm Steele Sons Co Construction | 6/29/21 | $1,235,501 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $151,269 |
Related organizations | $0 |
Government grants | $32,374,225 |
All other contributions, gifts, grants, and similar amounts not included above | $3,150,443 |
Noncash contributions included in lines 1a–1f | $359,520 |
Total Revenue from Contributions, Gifts, Grants & Similar | $35,675,937 |
Total Program Service Revenue | $294,098,370 |
Investment income | $7,723,892 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $12,772,268 |
Net Income from Fundraising Events | $180,603 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $350,458,120 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $616,917 |
Grants and other assistance to domestic individuals. | $93,300 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $2,522,676 |
Compensation of current officers, directors, key employees. | $1,428,793 |
Compensation to disqualified persons | $199,177 |
Other salaries and wages | $133,485,995 |
Pension plan accruals and contributions | $1,585,388 |
Other employee benefits | $13,562,083 |
Payroll taxes | $11,550,254 |
Fees for services: Management | $3,672,641 |
Fees for services: Legal | $1,321,104 |
Fees for services: Accounting | $180,311 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $33,385,799 |
Advertising and promotion | $638,940 |
Office expenses | $6,422,639 |
Information technology | $6,822,390 |
Royalties | $0 |
Occupancy | $5,089,790 |
Travel | $1,270,851 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $789,675 |
Interest | $4,480,202 |
Payments to affiliates | $12,752,392 |
Depreciation, depletion, and amortization | $18,434,603 |
Insurance | $6,698,844 |
All other expenses | $16,914,919 |
Total functional expenses | $324,698,771 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $2,105,701 |
Savings and temporary cash investments | $19,705,961 |
Pledges and grants receivable | $508,361 |
Accounts receivable, net | $26,029,217 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $3,529,384 |
Prepaid expenses and deferred charges | $5,083,196 |
Net Land, buildings, and equipment | $131,853,915 |
Investments—publicly traded securities | $172,194,079 |
Investments—other securities | $16,283,377 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $329,731,055 |
Total assets | $707,024,246 |
Accounts payable and accrued expenses | $54,333,024 |
Grants payable | $0 |
Deferred revenue | $400,000 |
Tax-exempt bond liabilities | $113,293,807 |
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 | $24,977,167 |
Other liabilities | $252,761,248 |
Total liabilities | $445,765,246 |
Net assets without donor restrictions | $247,372,031 |
Net assets with donor restrictions | $13,886,969 |
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 | $707,024,246 |
Over the last fiscal year, Holy Redeemer Health System has awarded $616,917 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
Huntingdon Valley, PA PURPOSE: SUPPORT FOR OPERATIONS AND FACILITIES | $567,217 |
Philadelphia, PA PURPOSE: SUPPORT FOR OPERATION AND FOOD INVENTORY FOR FEEDING THE NEEDY IN THE COMMUNITY SERVED | $49,700 |
Over the last fiscal year, we have identified 5 grants that Holy Redeemer Health System has recieved totaling $104,294.
Awarding Organization | Amount |
---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: HEALTH | $53,316 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $24,478 |
Community Foundation Of New Jersey Morristown, NJ PURPOSE: GENERAL SUPPORT | $12,000 |
Verizon Foundation Basking Ridge, NJ PURPOSE: MEETING THE URGENT NUTRITIONAL NEEDS OF PATIENTS WITH CANCER | $9,000 |
James And Loretta Colotto Foundation Inc Hackensack, NJ PURPOSE: GENERAL USE | $5,500 |
Beg. Balance | $5,249,660 |
Earnings | $1,542,023 |
Ending Balance | $6,791,683 |
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 |