Miltons S Hershey Medical Center
- Assets
- $3.3b
- Revenue
- $2.6b
- Investments
- $0.0
- Employees
- 11,973
- Location
- Hershey, PA
- Founding
- 06/2000
- Data as of
- 06/2022
- EIN
- 25-1854772
Organization Overview
Miltons S Hershey Medical Center is located in Hershey, PA. The organization was established in 2000. According to its NTEE Classification (E20) the organization is classified as: Hospitals, under the broad grouping of Health Care and related organizations. As of 06/2022, Miltons S Hershey Medical Center employed 11,973 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Miltons S Hershey Medical Center is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO CONTINUALLY IMPROVE THE HEALTH AND WELL-BEING OF THE PEOPLE OF PENNSYLVANIA, AND BEYOND.
Describe the Organization's Program Activity:
MILTON S. HERSHEY MEDICAL CENTER (MSHMC) IS A 634-LICENSED BED ACADEMIC MEDICAL CENTER LOCATED IN HERSHEY, PA. THE HOSPITAL PROVIDES ADULTS AND CHILDREN ADVANCED PATIENT-FOCUSED CARE FOR CANCER, HEART, VASCULAR, AND NEUROLOGICAL CONDITIONS. THE HOSPITAL IS PENNSYLVANIA'S ONLY NATIONALLY VERIFIED LEVEL 1 TRAUMA CENTER FOR BOTH ADULTS AND CHILDREN. ADDITIONALLY, MSHMC OPERATES AN AMBULATORY SURGICAL CENTER, WHICH PROVIDES ENDOSCOPY PROCEDURES TO THE CENTRE COUNTY REGION. MSHMC SHARES ITS CAMPUS WITH PENN STATE CANCER INSTITUTE, PENN STATE COLLEGE OF MEDICINE AND PENN STATE HEALTH CHILDREN'S HOSPITAL, THE REGION'S ONLY CHILDREN'S HOSPITAL. IN PARTNERSHIP WITH PENN STATE COLLEGE OF MEDICINE, MSHMC FACULTY AND STAFF CONTINUE TO CREATE INNOVATIVE MEDICAL ADVANCES THROUGH RESEARCH AND CLINICAL TRIALS. (SEE SCHEDULE O)PROJECTS RANGE FROM THE DEVELOPMENT OF ARTIFICIAL ORGANS AND ADVANCED DIAGNOSTICS TO GROUNDBREAKING CANCER TREATMENTS AND UNDERSTANDING THE FUNDAMENTAL CAUSES OF DISEASE. FOR MORE INFORMATION, SEE SCHEDULE H.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Deborah Berini President / Director | OfficerTrustee | 50 | $986,162 |
Erika Saunders Director / Psychiatrist | Trustee | 40 | $568,158 |
Dennis Brenckle Chair / Director | OfficerTrustee | 1 | $0 |
Kathy Pape Vice Chair / Director | OfficerTrustee | 1 | $0 |
Bony Dawood Director | Trustee | 1 | $0 |
Brian Hudson Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Cardinal Health Inc Outside Purchased Services- Clinical | 6/29/22 | $3,860,000 |
Language Line Service Inc Outside Purchased Services | 6/29/22 | $1,374,845 |
Berkeley Research Group Llc Consulting Services | 6/29/22 | $1,272,719 |
Vitalant Outside Purchased Services- Clinical | 6/29/22 | $1,252,677 |
Access Nurse Pm Llc Outside Purchased Services- Clinical | 6/29/22 | $870,667 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $5,725,203 |
| Government grants | $13,957,384 |
| All other contributions, gifts, grants, and similar amounts not included above | $7,919,571 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $27,602,158 |
| Total Program Service Revenue | $2,574,781,875 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $206,593 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,617,656,661 |
| 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. | $3,587,865 |
| Compensation of current officers, directors, key employees. | $2,503,260 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $974,289,608 |
| Pension plan accruals and contributions | $42,352,847 |
| Other employee benefits | $153,382,431 |
| Payroll taxes | $59,152,340 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,439,556 |
| Fees for services: Accounting | $2,855 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $122,111,762 |
| Advertising and promotion | $276,034 |
| Office expenses | $238,490,264 |
| Information technology | $7,701,006 |
| Royalties | $0 |
| Occupancy | $50,775,049 |
| Travel | $2,156,708 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $4,017,527 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $63,049,658 |
| Insurance | $49,210,487 |
| All other expenses | $1,658,394 |
| Total functional expenses | $2,279,657,039 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $43,409,250 |
| Savings and temporary cash investments | $6,254,907 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $369,705,358 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $41,152,104 |
| Prepaid expenses and deferred charges | $8,027,401 |
| Net Land, buildings, and equipment | $305,304,344 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $198,523 |
| Other assets | $2,555,648,410 |
| Total assets | $3,329,700,297 |
| Accounts payable and accrued expenses | $189,122,040 |
| 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 | $761,734,408 |
| Total liabilities | $950,856,448 |
| Net assets without donor restrictions | $2,372,620,177 |
| Net assets with donor restrictions | $6,223,672 |
| 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 | $3,329,700,297 |