Mccullough-Hyde Memorial Hospital Incorporated
- Assets
- $66.4m
- Revenue
- $53.6m
- Investments
- $1.6m
- Employees
- 356
- Location
- Cincinnati, OH
- Founding
- 06/1963
- Data as of
- 06/2020
- EIN
- 31-0650283
Organization Overview
Mccullough-Hyde Memorial Hospital Incorporated is located in Cincinnati, OH. The organization was established in 1963. 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 06/2021, Mccullough-Hyde Memorial Hospital Incorporated employed 356 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mccullough-Hyde Memorial Hospital Incorporated 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 06/2020, Mccullough-Hyde Memorial Hospital Incorporated generated $53.6m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $55.5m during the year ending 06/2020. While expenses have increased by 1.1% per year over the past 6 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 2014, Mccullough-Hyde Memorial Hospital Incorporated has awarded 16 individual grants totaling $493,645. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
ACUTE CARE HOSPITAL DELIVERING QUALITY SERVICES TO OUR PATIENTS AND THE COMMUNITIES WE SERVE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SURGERY - THIS SERVICE IS COMPRISED OF SURGERY AND MINOR PROCEDURES. TOTAL VOLUME WAS 1,538 CONSISTING OF IP CARE (21%) AND OUTPATIENT CARE (79%).PHARMACY - THIS SERVICE CONSISTS OF CARE PROVIDED TO INPATIENTS (71%) AND OUTPATIENTS (29%).INPATIENT CARE - INPATIENT VOLUME CONSISTED OF 1,607 DISCHARGES AND 4,814 PATIENT DAYS WITH AN AVERAGE LENGTH OF STAY OF 3.65 DAYS. BIRTHS TOTALED 314 AND A TOTAL OF 529 OBSERVATION DAYS OF SERVICE.FOR ADDITIONAL INFORMATION PLEASE SEE SCHEDULE H.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nathan Simmons Director-Pharmacy Services | 60 | $160,805 | |
Steven Vordenberg Physician Assistant | 60 | $129,298 | |
Kim Belec Site Director - Med Records | 60 | $128,915 | |
Kimberly Richards Site Director - Imaging | 60 | $110,841 | |
Monica Glaser Charge Nurse | 60 | $109,323 | |
Alan Oak Vice Chair (end 9/20) | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Talawanda Emergency Physicians Physician Coverage | 6/29/21 | $1,256,570 |
Seven Hills Anesthesia Anesthesia Services | 6/29/21 | $1,102,263 |
Catholic Health Initiatives Clinical Maintenance | 6/29/21 | $628,876 |
Debra-kuempel Hvac Services | 6/29/21 | $186,583 |
Tri-state Healthcare Laundry Laundry Services | 6/29/21 | $158,022 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $29,200 |
| Investment income | $224,513 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $162,140 |
| Net Gain/Loss on Asset Sales | -$317,421 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $53,582,123 |
| Statement of Expenses | |
|---|---|
| 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 to disqualified persons | $0 |
| Other salaries and wages | $19,468,191 |
| Pension plan accruals and contributions | $178,118 |
| Other employee benefits | $3,539,092 |
| Payroll taxes | $1,287,082 |
| Fees for services: Management | $901,833 |
| Fees for services: Legal | $302,618 |
| Fees for services: Accounting | $31,470 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $17,734 |
| Fees for services: Other | $4,961,009 |
| Advertising and promotion | $160,490 |
| Office expenses | $857,476 |
| Information technology | $1,391,357 |
| Royalties | $0 |
| Occupancy | $1,540,391 |
| Travel | $32,429 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $23,384 |
| Interest | $440,547 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,926,908 |
| Insurance | $235,028 |
| All other expenses | $0 |
| Total functional expenses | $55,482,602 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,475 |
| Savings and temporary cash investments | $10,527,925 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,604,144 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $174,791 |
| Inventories for sale or use | $1,411,857 |
| Prepaid expenses and deferred charges | $60,927 |
| Investments—publicly traded securities | $10,653,778 |
| Investments—other securities | $1,590,594 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $861,690 |
| Total assets | $66,420,098 |
| Accounts payable and accrued expenses | $3,919,677 |
| Grants payable | $0 |
| Deferred revenue | $9,154,333 |
| 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 | $1,466,974 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $19,903,900 |
| Total liabilities | $34,444,884 |
| 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 |
| Total liabilities and net assets/fund balances | $31,975,214 |
Grants Awarded
Over the last fiscal year, Mccullough-Hyde Memorial Hospital Incorporated has awarded $60,322 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
DWA RECREATION INC PURPOSE: INSTALLATION OF PLAYGROUND EQUIPMENT | $50,322 |
Oxford, OH PURPOSE: ANNUAL FUNDING | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Mccullough-Hyde Memorial Hospital Incorporated has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Cincinnati Reds Community Fund Cincinnati, OH PURPOSE: FIELD RENOVATION PROGRAM SUPPORT | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Norton - Kings Daughters Health Inc Madison, IN | $327,672,291 | $141,257,726 |
Lehigh Valley Hospital - Schuykill Allentown, PA | $123,931,422 | $141,448,853 |
Wood County Hospital Assn Bowling Green, OH | $236,887,243 | $125,669,234 |
Margaret Mary Community Hospital Inc Batesville, IN | $200,618,179 | $130,077,852 |
Davis Memorial Hospital Elkins, WV | $99,450,993 | $120,748,268 |
Mymichigan Medical Center Sault Sault Ste Marie, MI | $104,046,577 | $126,853,788 |
St Lukes Quakertown Hospital Allentown, PA | $224,667,230 | $112,978,373 |
Shelby County Memorial Hospital Association Inc Sidney, OH | $171,819,264 | $129,965,258 |
Upmc Pittsburgh, PA | $122,342,039 | $105,892,952 |
Northeastern Pennsylvania Health Corporation Allentown, PA | $304,803,492 | $145,234,138 |
Reynolds Memorial Hospital Inc Glen Dale, WV | $68,940,537 | $122,482,209 |
Emma L Bixby Medical Center Toledo, OH | $214,732,301 | $139,202,852 |