Main Line Health Inc External Reporting

Organization Overview

Main Line Health Inc External Reporting is located in Newtown Square, PA. The organization was established in 1987. According to its NTEE Classification (E21) the organization is classified as: Community Health Systems, under the broad grouping of Health Care and related organizations. As of 06/2021, Main Line Health Inc External Reporting employed 65 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Main Line Health Inc External Reporting 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 06/2020, Main Line Health Inc External Reporting generated $8.5m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 12.7% each year . All expenses for the organization totaled $8.0m during the year ending 06/2020. While expenses have increased by 4.5% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

CORPORATE PARENT OF MAIN LINE HEALTH SUBSIDIARIES THAT PROVIDES A COMPREHENSIVE RANGE OF HEALTH SERVICES, COMPLIMENTED BY EDUCATIONAL AND RESEARCH ACTIVITIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

AMBULATORY BUILDING LOCATIONS MAIN LINE HEALTH, INC. OWNS OR LEASES SPECIFIC AMBULATORY CENTERS THAT CONTAIN VARIOUS OUTPATIENT SERVICES PROVIDED BY MEMBER HOSPITALS. THESE CENTERS PROVIDE THE RESPECTIVE COMMUNITIES WITH ACCESS TO QUALITY PHYSICIANS AND MEDICAL SERVICES. THE REVENUE FOR THESE HEALTH CENTERS IS RENTAL REVENUE WHICH IS PROPERLY CLASSIFIED ON PART VIII, LINE 6.


MEDICAL STAFF OFFICE A MEDICAL STAFF OFFICE DEPARTMENT IS CONTAINED WITHIN MAIN LINE HEALTH, INC. FOR THE ADMINISTRATION, MANAGEMENT, CREDENTIALING AND COORDINATING CONTINUING MEDICAL EDUCATION OF PHYSICIANS INCLUDING VARIOUS HOSPITAL MEDICAL STAFF AND ADVANCED SERVICE PROVIDERS INCLUDING MEDICAL STAFF PRESIDENTS, THE CAMPUS CHIEF PHYSICIANS, AND THE SYSTEM DEPARTMENT CHAIRMEN OF VARIOUS HOSPITALS' SPECIALTIES.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Accountable Care Organization Of Pa
Care Management
$3,010,598
Federal Realty Investment Trust
Property Management
$1,849,691
Delaware Valley Id Assoc
Physician Services
$900,796
Riskonnect Clearsight Llc
Prof Services
$242,966
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$753,066
Investment income -$2,770,173
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $5,193,832
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 $0
Miscellaneous Revenue$0
Total Revenue $8,537,974

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Main Line Health Inc External Reporting has recieved totaling $67,265.

Awarding OrganizationAmount
Accessmatters

Philadelphia, PA

PURPOSE: FAMILY PLANNING, MCH BLOCK GRANT, SS BLOCK GRANT, BREAST CANCER.

$67,265
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$1,358,503
Earnings$291,858
Ending Balance$1,650,361

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