Robert Packer Hospital
- Assets
- $769.5m
- Revenue
- $501.6m
- Investments
- $43.5m
- Employees
- 2,142
- Location
- Sayre, PA
- Founding
- 08/1934
- Data as of
- 06/2022
- EIN
- 24-0795463
Organization Overview
Robert Packer Hospital is located in Sayre, PA. The organization was established in 1934. 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 06/2022, Robert Packer Hospital employed 2,142 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Robert Packer 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 06/2022, Robert Packer Hospital generated $501.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.9% each year. All expenses for the organization totaled $450.7m 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
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
ROBERT PACKER HOSPITAL PROVIDES HEALTHCARE SERVICES TO RESIDENTS OF THE SURROUNDING COMMUNITY ON AN IN-PATIENT AND OUT-PATIENT BASIS IN A NON-DISCRIMINATORY MANNER REGARDLESS OF RACE, COLOR, CREED, SEX, NATIONAL ORIGIN OR ABILITY TO PAY. PLEASE REFER TO THE COMMUNITY BENEFIT STATEMENT IN SCHEDULE O.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel Sporn MD Chairman - Director | OfficerTrustee | 55 | $0 |
Joseph Ronsivalle DO Director | Trustee | 55 | $0 |
Daniel J Brown MD Director | Trustee | 55 | $0 |
Paul G Vervalin Former Officer | 55 | $0 | |
Joseph Sawyer Director - President/ceo | OfficerTrustee | 55 | $362,345 |
Francis M Macafee CFO | Officer | 55 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Welliver Mcguire Contractor Services | 6/29/19 | $13,235,057 |
Cross Country Staffing Health Prof Services | 6/29/19 | $11,796,498 |
Weatherby Health Prof Services | 6/29/19 | $1,459,260 |
Steris Instrument Mgmgt Services I Health Prof Services | 6/29/19 | $1,162,123 |
Healthlinx Health Prof Services | 6/29/19 | $1,103,177 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $11,977 |
| Government grants | $17,730,109 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,087,203 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $18,829,289 |
| Total Program Service Revenue | $458,251,918 |
| Investment income | $7,723,719 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $533,120 |
| Net Gain/Loss on Asset Sales | $15,000,878 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $501,626,300 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $337,385 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $403,390 |
| Compensation of current officers, directors, key employees. | $141,568 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $109,577,364 |
| Pension plan accruals and contributions | $4,732,607 |
| Other employee benefits | $16,435,102 |
| Payroll taxes | $8,147,982 |
| Fees for services: Management | $50,348,652 |
| Fees for services: Legal | $115,155 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $24,377 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $794,631 |
| Fees for services: Other | $96,910,570 |
| Advertising and promotion | $9,289 |
| Office expenses | $11,103,135 |
| Information technology | $4,462,124 |
| Royalties | $0 |
| Occupancy | $5,351,207 |
| Travel | $437,836 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $382,969 |
| Interest | $1,803,212 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $17,738,656 |
| Insurance | $3,176,703 |
| All other expenses | $0 |
| Total functional expenses | $450,666,674 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $103,385 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $200,160 |
| Accounts receivable, net | $54,073,499 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $17,500 |
| Inventories for sale or use | $13,385,189 |
| Prepaid expenses and deferred charges | $8,764,274 |
| Net Land, buildings, and equipment | $125,094,070 |
| Investments—publicly traded securities | $391,464,559 |
| Investments—other securities | $43,467,538 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $132,922,307 |
| Total assets | $769,492,481 |
| Accounts payable and accrued expenses | $43,705,730 |
| Grants payable | $0 |
| Deferred revenue | $300,273 |
| 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 | $259,271,934 |
| Total liabilities | $303,277,937 |
| Net assets without donor restrictions | $458,298,853 |
| Net assets with donor restrictions | $7,915,691 |
| 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 | $769,492,481 |