Swedish Edmonds is located in Renton, WA. The organization was established in 2013. 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 12/2021, Swedish Edmonds employed 1,618 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Swedish Edmonds 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, Swedish Edmonds generated $236.0m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $289.2m during the year ending 12/2020. 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
TO IMPROVE THE HEALTH AND WELL-BEING OF EACH PERSON WE SERVE IN SNOHOMISH COUNTY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE OPROVIDENCEAT PROVIDENCE, WE USE OUR VOICE TO ADVOCATE FOR VULNERABLE POPULATIONS AND NEEDED REFORMS IN HEALTH CARE. WE PURSUE INNOVATIVE WAYS TO TRANSFORM HEALTH CARE BY KEEPING PEOPLE HEALTHY, AND MAKING OUR SERVICES MORE CONVENIENT, ACCESSIBLE AND AFFORDABLE FOR ALL. IN AN INCREASINGLY UNCERTAIN WORLD, WE ARE COMMITTED TO HIGH-QUALITY, COMPASSIONATE CARE FOR EVERYONE REGARDLESS OF COVERAGE OR ABILITY TO PAY. WE HELP PEOPLE AND COMMUNITIES BENEFIT FROM THE BEST HEALTH CARE MODEL FOR THE FUTURE - TODAY.TOGETHER, OUR 120,000 CAREGIVERS (ALL EMPLOYEES) SERVE IN 52 HOSPITALS, 1,085 CLINICS AND A COMPREHENSIVE RANGE OF SERVICES ACROSS ALASKA, CALIFORNIA, MONTANA, NEW MEXICO, OREGON, TEXAS AND WASHINGTON. THE PROVIDENCE FAMILY INCLUDES:-PROVIDENCE ACROSS SEVEN WESTERN STATES-COVENANT HEALTH IN WEST TEXAS-PROVIDENCE FACEY MEDICAL FOUNDATION IN LOS ANGELES, CA-HOAG MEMORIAL HOSPITAL PRESBYTERIAN IN ORANGE COUNTY, CA-KADLEC IN SOUTHEAST WASHINGTON-PACIFIC MEDICAL CENTERS IN SEATTLE, WA-SWEDISH HEALTH SERVICES IN SEATTLE, WA2021 WAS MARKED BY THREE MAJOR SURGES IN COVID-19 VOLUMES, A NATIONAL SHORTAGE OF HEALTH CARE PERSONNEL, AS WELL AS DEFERRALS OF NON-EMERGENT CARE. EVEN WITH THESE TREMENDOUS CHALLENGES, THE PROVIDENCE FAMILY OF ORGANIZATIONS CONTINUED TO INVEST IN OUR COMMUNITIES, GUIDED BY OUR STRATEGIC PLAN AND OUR COMMUNITY BENEFIT PRIORITIES.FOR MORE INFORMATION GO TO: HTTPS://WWW.PROVIDENCE.ORG/ABOUT/ANNUAL-REPORT ENVIRONMENTAL, SOCIAL, AND GOVERNANCE STANDARDSOVER THE LAST TWO YEARS, PROVIDENCE ADVANCED A SOCIAL RESPONSIBILITY FRAMEWORK THAT INCLUDES A STRONGER COMMITMENT TO DIVERSITY, EQUITY, INCLUSION, AND ENVIRONMENTAL STEWARDSHIP. WE UPDATED OUR INTEGRATED STRATEGIC & FINANCIAL PLAN TO MORE CLEARLY EXPRESS OUR COMMITMENT AND ACCELERATION OF THIS IMPORTANT WORK TO ADDRESS SOCIAL, RACIAL, AND ECONOMIC DISPARITIES IN THE COMMUNITIES WE SERVE. PROVIDENCE'S SOCIAL RESPONSIBILITY FRAMEWORK AIMS TO DEPLOY THE ASSETS OF OUR SYSTEM TO SUPPORT COMMUNITY HEALTH IMPROVEMENT, STRENGTHEN LOCAL ECONOMIES AND REDUCE OUR CARBON FOOTPRINT. IN 2021, OUR SUSTAINABLE AND INCLUSIVE PURCHASING PROGRAM COMMITTED TO INCREASE OUR SPEND WITH WOMEN AND MINORITY OWNED BUSINESS ENTERPRISES BY OVER $300 MILLION ACROSS THE NEXT FIVE YEARS. WE ALSO DEPLOY AN INVESTING PORTFOLIO WHICH INCLUDES SHAREHOLDER ADVOCACY, IMPACT INVESTING, AND SOCIALLY CONSCIOUS PORTFOLIO SCREENS. IN 2021, PROVIDENCE MADE PROGRESS TOWARDS ITS CLIMATE COMMITMENT TO BECOME CARBON NEGATIVE BY 2030. WE ARE IMPLEMENTING AN ENVIRONMENTAL STEWARDSHIP SYSTEM STRATEGY THAT ENCOURAGES WASTE REDUCTIONS, EFFICIENT ENERGY AND WATER USE, LOCAL AGRICULTURE PARTNERSHIPS, LESS TOXIC AND FEWER CHEMICAL USE, AND A REDUCTION IN CARBON FROM TRAVEL.2021 PROGRAM SERVICE ACCOMPLISHMENTS IN 2021, SWEDISH EDMONDS CONTINUED ITS TRADITION OF COMPASSION AND DEDICATION TO OUR COMMUNITIES BY INVESTING TO ADDRESS COMMUNITY NEED.COMMUNITY HEALTH NEEDS ASSESSMENTSWEDISH EDMONDS CONDUCTED ITS 2021 COMMUNITY HEALTH NEEDS ASSESSMENT WITH THE GOAL OF COLLABORATING WITH PARTNER ORGANIZATIONS TO ASSESS HEALTH CONCERNS AND PRIORITIES FOR THE COMMUNITIES WE SERVE. THIS INCLUDES STAKEHOLDER INTERVIEWS, LISTENING SESSIONS AND PROCESS FOR DEVELOPING IMPROVEMENT PLANS, CAMPUS LEADS AND WORKGROUPS WERE IDENTIFIED TO IMPLEMENT THIS WORK.SUPPORT FOR FOUNDATION FOR EDMONDS SCHOOL DISTRICT TO ADDRESS OBSTACLES TO FAMILY STABILITY AND STUDENT SUCCESSSWEDISH'S FUNDING SUPPORT CONTRIBUTED TO STUDENTS' FAMILIES TO ACCESS FINANCIAL RESOURCES, CAREER SERVICES, HEALTHCARE, HOUSING AND MORE. IN ADDITION, STUDENTS WERE ABLE TO COVER EXTRA ACADEMIC COSTS FOR TEST FEES, SCHOOL SUPPLIES AND EXPENSES ASSOCIATED WITH ATTENDING COLLEGE OR TRADE SCHOOLS, ACCESS TO NUTRITION, FREE MEALS SO THEY CAN OPTIMALLY PERFORM AT SCHOOL. IT IS THROUGH CONTRIBUTIONS SUCH AS THIS THAT ENABLES EVERY STUDENT TO LEARN, THRIVE AND SUCCEED IN THEIR EDUCATION PATH TOWARD GRADUATION. FOR MORE INFORMATION GO TO: HTTPS://WWW.SWEDISH.ORG/ABOUT/OVERVIEW/MISSION-OUTREACH/COMMUNITY-HEALTH-INVESTMENT/COMMUNITY-BENEFITS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Peter Ro Physician/hyperbaric Medicine | 50 | $392,332 | |
Jennifer Culbertson Cno Edmonds | 50 | $291,920 | |
Alice Ezeonwu Staff Reg Nurse | 50 | $252,793 | |
Cynthia Clegg Dir Pharmacy Svcs | 50 | $251,038 | |
Sandeep Sachdeva Cmo | 50 | $237,769 | |
Greg Hoffman President/ceo & Treasurer | Officer | 0.5 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Seiu Local No 1199 Union Dues | 12/30/18 | $1,502,896 |
Verdant Health Comm-use 172123 Programs | 12/30/18 | $1,481,285 |
Sellen Construction Co Construction | 12/30/18 | $1,357,599 |
Philips Healthcare Informatics Information System | 12/30/18 | $1,298,710 |
Bloodworks Northwest Lab Services | 12/30/18 | $1,109,366 |
Seiu Local No 1199 Union Dues | 12/30/18 | $1,502,896 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $23,944,370 |
All other contributions, gifts, grants, and similar amounts not included above | $90,326 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $24,034,696 |
Total Program Service Revenue | $207,890,334 |
Investment income | $1,032 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $150,789 |
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 | -$15,342 |
Miscellaneous Revenue | $0 |
Total Revenue | $236,034,709 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $402 |
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 | $94,182,590 |
Pension plan accruals and contributions | $6,933,397 |
Other employee benefits | $525,520 |
Payroll taxes | $7,181,500 |
Fees for services: Management | $0 |
Fees for services: Legal | $61,280 |
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 | $32,586,848 |
Advertising and promotion | $86 |
Office expenses | $7,108,760 |
Information technology | $50,754 |
Royalties | $0 |
Occupancy | $13,113,133 |
Travel | $71,449 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $165,941 |
Interest | $1,789,070 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $7,863,861 |
Insurance | $172,140 |
All other expenses | $559,379 |
Total functional expenses | $289,242,346 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $9,093 |
Savings and temporary cash investments | $76,364 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $38,799,905 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $2,579,658 |
Prepaid expenses and deferred charges | $52,339 |
Net Land, buildings, and equipment | $75,513,372 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $3,366,012 |
Intangible assets | $0 |
Other assets | $120,235,476 |
Total assets | $240,632,219 |
Accounts payable and accrued expenses | $23,568,725 |
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 | -$93,475 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $212,536,024 |
Total liabilities | $236,011,274 |
Net assets without donor restrictions | $4,451,194 |
Net assets with donor restrictions | $169,751 |
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 | $240,632,219 |
Over the last fiscal year, we have identified 2 grants that Swedish Edmonds has recieved totaling $586,850.
Awarding Organization | Amount |
---|---|
North Sound Accountable Community Of Health Bellingham, WA PURPOSE: IMPROVE HEALTH AND HEALTHCARE SYSTEM ACROSS NORTH SOUND REGION. | $326,301 |
Swedish Medical Center Foundation Seattle, WA PURPOSE: OPERATIONAL SUPPORT | $260,549 |
Organization Name | Assets | Revenue |
---|---|---|
Asante Medford, OR | $2,030,793,202 | $1,067,000,527 |
Kadlec Regional Medical Center Renton, WA | $935,169,169 | $828,794,927 |
St Jude Hospital Renton, WA | $1,232,178,178 | $791,383,557 |
Saint Alphonsus Regional Medical Center Inc Boise, ID | $925,610,000 | $796,092,917 |
Alaska Native Tribal Health Consortium Anchorage, AK | $996,933,095 | $687,223,707 |
Sky Lakes Medical Center Inc Klamath Falls, OR | $459,854,725 | $667,970,427 |
Overlake Hospital Medical Center Bellevue, WA | $1,038,955,191 | $605,355,698 |
Harrison Medical Center Silverdale, WA | $1,232,445,041 | $647,925,756 |
Covenant Medical Center Renton, WA | $710,309,997 | $506,116,390 |
Yakima Valley Memorial Hospital Association Yakima, WA | $446,456,465 | $527,854,481 |
Central Washington Health Services Association Wenatchee, WA | $607,768,376 | $564,888,231 |
Providence Saint Johns Health Center Renton, WA | $594,443,833 | $410,418,758 |