Temple University Health System Inc
- Assets
- $620.4m
- Revenue
- $197.9m
- Investments
- $0.0
- Employees
- 819
- Location
- Philadelphia, PA
- Founding
- 05/1996
- Data as of
- 06/2022
- EIN
- 23-2825881
Organization Overview
Temple University Health System Inc is located in Philadelphia, PA. The organization was established in 1996. According to its NTEE Classification (B19) the organization is classified as: Support N.E.C., under the broad grouping of Education and related organizations. As of 06/2022, Temple University Health System Inc employed 819 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Temple University Health System Inc 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, Temple University Health System Inc generated $197.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.5% each year. All expenses for the organization totaled $191.1m during the year ending 06/2022. While expenses have increased by 6.7% 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.
Since 2015, Temple University Health System Inc has awarded 22 individual grants totaling $162,833,087. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO PROVIDE ACCESS TO HIGH QUALITY HEALTH CARE TO THE COMMUNITY AND ACADEMIC SETTING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PURSUANT TO ITS ARTICLES OF INCORPORATION, TEMPLE UNIVERSITY HEALTH SYSTEM (TUHS) SERVES AS THE SOLE MEMBER OF THE CORPORATE AFFILIATES THAT OWN AND OPERATE HOSPITALS AND OTHER HEALTH CARE SERVICE PROVIDERS. THROUGH ITS AFFILIATES, TUHS: (1) PROVIDES ACCESS TO SITES AND PROGRAMS FOR CLINICAL TRAINING FOR THE TEMPLE UNIVERSITY SCHOOL OF MEDICINE (TUSM) AND OTHERWISE SUPPORTS THE ACADEMIC MISSION OF TUSM; (2) PROVIDES ACCESS TO MEDICAL AND SURGICAL AID TO SICK AND DISABLED PERSONS WITHOUT REGARD TO RACE, CREED, COLOR, SEX, OR NATIONAL ORIGIN; AND (3) SUPPORTS SUCH EDUCATIONAL, PHILANTHROPIC, AND SCIENTIFIC (INCLUDING RESEARCH) ACTIVITIES AS ARE PART OF AN EFFICIENT MODERN HEALTH CARE SYSTEM AS PART OF AN ACADEMIC MEDICAL CENTER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chip W Marshall III Chair | OfficerTrustee | 2 | $0 |
Sandra Harmon-Weiss Vice Chair | OfficerTrustee | 2 | $0 |
Lon R Greenberg Director (from 10/20/21) | Trustee | 2 | $0 |
Thomas W Hofmann Director | Trustee | 2 | $0 |
Bret S Perkins Director | Trustee | 2 | $0 |
Mitchell Morgan Director | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Beacon Hill Staffing Group Llc Professional Fees | 6/29/22 | $1,123,729 |
Temple University Purchased Services | 6/29/22 | $1,099,664 |
Evergreen Healthcare Partners Inc Consultant | 6/29/22 | $849,532 |
Guidehouse Inc Consultant | 6/29/22 | $871,000 |
Deloitte & Touche Llp Consultant | 6/29/22 | $830,690 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $14,767,497 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,562,634 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $16,330,131 |
| Total Program Service Revenue | $167,592,093 |
| Investment income | $13,805,038 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $110,381 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $197,859,021 |
| 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. | $3,299,376 |
| Compensation of current officers, directors, key employees. | $3,299,376 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $61,255,231 |
| Pension plan accruals and contributions | $4,180,224 |
| Other employee benefits | $9,006,839 |
| Payroll taxes | $4,901,098 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $997,147 |
| Fees for services: Accounting | $815,836 |
| Fees for services: Lobbying | $307,580 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $44,073,595 |
| Advertising and promotion | $0 |
| Office expenses | $17,883,863 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $7,120,883 |
| Travel | $194,859 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $37,688 |
| Interest | $20,380,194 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,915,504 |
| Insurance | $56,929 |
| All other expenses | $9,649,698 |
| Total functional expenses | $191,076,544 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $46,423,208 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $51,587,298 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $317,964,558 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $13,521,541 |
| Net Land, buildings, and equipment | $27,736,349 |
| Investments—publicly traded securities | $13,133,480 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $150,052,490 |
| Total assets | $620,418,924 |
| Accounts payable and accrued expenses | $91,827,867 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $415,294,506 |
| 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 | $698,756 |
| Other liabilities | $83,902,752 |
| Total liabilities | $591,723,881 |
| Net assets without donor restrictions | $28,695,043 |
| 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 | $620,418,924 |
Grants Awarded
Over the last fiscal year, Temple University Health System Inc has awarded $45,020,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
TEMPLE PHYSICIANS INC PURPOSE: GENERAL SUPPORT | $6,850,000 |
TEMPLE HEALTH SYSTEM TRANSPORT TEAM INC PURPOSE: GENERAL SUPPORT | $3,050,000 |
AMERICAN ONCOLOGIC HOSPITAL PURPOSE: GENERAL SUPPORT | $35,120,000 |