Pocono Health System
- Assets
- $10.8m
- Revenue
- $82.4k
- Investments
- $798.9k
- Employees
- 0
- Location
- Allentown, PA
- Founding
- 08/1988
- Data as of
- 06/2022
- EIN
- 23-2336285
Organization Overview
Pocono Health System is located in Allentown, PA. The organization was established in 1988. According to its NTEE Classification (E12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pocono Health System 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, Pocono Health System generated $82.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (21.6%) each year. All expenses for the organization totaled $31.0k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (44.1%) per year over the past 7 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
WE HEAL, COMFORT AND CARE FOR THE PEOPLE OF OUR COMMUNITY BY PROVIDING ADVANCED AND COMPASSIONATE HEALTH CARE OF SUPERIOR QUALITY AND VALUE SUPPORTED BY EDUCATION AND CLINICAL RESEARCH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
POCONO HEALTH SYSTEM (PHS) WAS FORMED EXCLUSIVELY FOR CHARITABLE, SCIENTIFIC, AND EDUCATIONAL PURPOSES, PARTICULARLY TO SUPPORT THE CHARITABLE, SCIENTIFIC, AND EDUCATIONAL ACTIVITIES OF LEHIGH VALLEY HOSPITAL - POCONO, TO ESTABLISH AND MAINTAIN A HEALTH CARE SYSTEM, AND TO CARRY ON SUCH EDUCATIONAL, PHILANTHROPIC, AND SCIENTIFIC ACTIVITIES OR SUPPORT THESE ACTIVITIES. PHS MANAGES FIVE HEALTHCARE SUBSIDIARIES TO COLLECTIVELY PROVIDE SERVICES TO RESIDENTS AND VISITORS OF MONROE COUNTY AND SURROUNDING COUNTIES IN PENNSYLVANIA AND NEW JERSEY.THE FIVE HEALTHCARE SUBSIDIARIES INCLUDE:LEHIGH VALLEY HOSPITAL-POCONO (LVHP) - THE HOSPITAL ORGANIZATION IS COMMITTED TO THE PREVENTION AND CARE OF ILLNESS, PROMOTION OF WELLNESS, AND RESTORATION OF HEALTH.POCONO AMBULATORY SERVICES, INC. (PAS) - SUPPORTS LVHP BY ITS INVESTMENT IN AN AMBULATORY AND OUTPATIENT SURGICAL CENTER, POCONO AMBULATORY SURGERY CENTER.POCONO HEALTH FOUNDATION (PHF) - PROVIDES FUNDRAISING AND SUPPORT TO LVH-P. PHF ASSISTS ITS AFFILIATED NON-PROFIT ORGANIZATIONS IN FULFILLING THEIR MISSION TO MEET THE COMMUNITY'S NEED FOR HIGH QUALITY HEALTHCARE.POCONO VNA/HOSPICE (VNA) - PROVIDES HEALTH AND SUPPORT SERVICES TO PEOPLE IN THE COMMUNITY. SOME OF THE SERVICES INCLUDE: SKILLED NURSING, HOME HEALTH AIDES, PHYSICAL THERAPY, OCCUPATIONAL THERAPY, SPEECH THERAPY, DIETARY CONSULTING, AND SOCIAL WORK SERVICES.POCONO HEALTHCARE PARTNERS (PHP) - OWNER OF THE LEHIGH VALLEY PHARMACY SERVICES-POCONO.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rajesh G Bhagat MD Treasurer/trustee | OfficerTrustee | 1 | $0 |
Carolyn Bortz Edd Trustee | Trustee | 1 | $0 |
Cornelio Catena President/trustee | OfficerTrustee | 20 | $0 |
Lynn A Courtright Secretary/trustee | OfficerTrustee | 1 | $0 |
Edward C Dougherty MBA Trustee | Trustee | 1 | $0 |
Andrew A Forte PHD Chair/trustee | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| 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 | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $82,418 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| 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 | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $30,971 |
| Total functional expenses | $30,971 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $740,750 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $55,550 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $2,063,845 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $798,871 |
| Investments—program-related | $7,167,381 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $10,826,397 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $10,826,397 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $10,826,397 |