Guthrie Towanda Memorial Hospital
- Assets
- $0.0
- Revenue
- $13.8m
- Investments
- $0.0
- Employees
- 369
- Location
- Towanda, PA
- Founding
- 03/1956
- Data as of
- 12/2020
- EIN
- 24-0786657
Organization Overview
Guthrie Towanda Memorial Hospital is located in Towanda, PA. The organization was established in 1956. 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 12/2020, Guthrie Towanda Memorial Hospital employed 369 individuals. Guthrie Towanda Memorial Hospital 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 12/2020, Guthrie Towanda Memorial Hospital generated $13.8m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (13.9%) each year. All expenses for the organization totaled $17.8m during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (10.3%) per year over the past 6 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
THE PROVISION OF CHARITABLE HEALTHCARE SERVICES TO RESIDENTS OF THE SURROUNDING COMMUNITY ON AN IN-PATIENT AND OUT-PATIENT BASIS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GUTHRIE TOWANDA MEMORIAL HOSPITAL IS A NOT-FOR-PROFIT ACUTE CARE HOSPITAL AND LONG TERM CARE FACILITY LOCATED IN TOWANDA, PA. THE HOSPITAL PROVIDES INPATIENT, OUTPATIENT, EMERGENCY CARE, LONG-TERM CARE AND HOME HEALTH SERVICES TO RESIDENTS OF TOWANDA, PA AND SURROUNDING COMMUNITIES. HOSPITAL DOCTORS CONTINUOUSLY WORK WITH QUALIFIED SPECIALISTS AND MANY OTHERS WITHIN THE BRADFORD AND SULLIVAN COUNTY MEDICAL COMMUNITITES, AS WELL AS OUTSIDE OF THIS AREA, IN ORDER TO PROVIDE PATIENTS WITH ACCESS TO QUALITY SPECIALTY CARE. THE HOSPITAL ROUTINELY WORKS WITH SPECIALISTS IN SAYRE, PA; ELMIRA, NY; BINGHAMTON, NY; WILLIAMSPORT, PA; SCRANTON, PA; DANVILLE, PA; AND PHILADELPHIA, PA, TO MEET PATIENTS' HEALTHCARE NEEDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul G Vervalin Director - Evp/coo Tgc | Trustee | 55 | $0 |
Francis M Macafee CFO (eff. 8/9/20) | Officer | 55 | $0 |
Felissa B Koernig JD Director - President | OfficerTrustee | 55 | $233,667 |
Cynthia E Lambert Pharmacist | 55 | $164,028 | |
Jeffrey A Hundman CFO (termed 8/8/20) | Officer | 55 | $0 |
Pamela L Herlt Director, Skilled Nursing | 55 | $127,275 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Emcare Physician Services Inc Ed Physicians Srvcs | 6/29/19 | $869,549 |
Complete Healthcare Resources Easte Nursing Facility Mgt | 6/29/19 | $420,057 |
Gulfstream Anesthesia Consultants Anesthesia Srvcs | 6/29/19 | $676,288 |
Care First Pharmacy Services Pharmacy Mgmt | 6/29/19 | $185,348 |
Morrison Healthcare Food Service Mgmt | 6/29/19 | $277,123 |
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 | $89,401 |
| Noncash contributions included in lines 1a–1f | $30,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $89,401 |
| Total Program Service Revenue | $13,597,223 |
| Investment income | $12,191 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $40,543 |
| Net Gain/Loss on Asset Sales | $13,110 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $13,772,403 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,964 |
| 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. | $245,082 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,761,150 |
| Pension plan accruals and contributions | $228,606 |
| Other employee benefits | $1,067,802 |
| Payroll taxes | $349,587 |
| Fees for services: Management | $1,571,379 |
| Fees for services: Legal | $13,069 |
| Fees for services: Accounting | $121,599 |
| Fees for services: Lobbying | $3,098 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,625 |
| Fees for services: Other | $2,584,004 |
| Advertising and promotion | $670 |
| Office expenses | $566,554 |
| Information technology | $246,012 |
| Royalties | $0 |
| Occupancy | $262,835 |
| Travel | $14,345 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,339 |
| Interest | $52 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,005,711 |
| Insurance | $2,569,545 |
| All other expenses | $0 |
| Total functional expenses | $17,791,319 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| 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 | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $0 |
| 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 | $0 |
| 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 | $0 |