Greene Memorial Hospital Inc
- Assets
- $26.7m
- Revenue
- $39.6m
- Investments
- $0.0
- Employees
- 0
- Location
- Miamisburg, OH
- Founding
- 01/1972
- Data as of
- 12/2022
- EIN
- 31-0809436
Organization Overview
Greene Memorial Hospital Inc, operating under the name Kettering Health Greene Memorial, is located in Miamisburg, OH. The organization was established in 1972. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kettering Health Greene Memorial 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 12/2022, Kettering Health Greene Memorial generated $39.6m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.4%) each year. All expenses for the organization totaled $40.2m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (3.3%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO IMPROVE THE QUALITY OF LIFE OF THE PEOPLE IN THE COMMUNITIES WE SERVE THROUGH HEALTHCARE AND EDUCATION.WE ARE DEDICATED TO EXCELLENCE AND TO PROVIDING EACH INDIVIDUAL THE MOST APPROPRIATE CARE IN THE MOST APPROPRIATE SETTING. IN THE SPIRIT OF THE SEVENTH-DAY ADVENTIST HEALTHCARE MINISTRY, WE STRIVE TO BE INNOVATIVE AND TO CONVEY GOD'S LOVE IN A CARING ENVIRONMENT.
Describe the Organization's Program Activity:
KETTERING HEALTH GREENE MEMORIAL AND OTHER PATIENT CARE SERVICES PROVIDED CARE FOR 595 DISCHARGES, 1,470 ADULT & PED DAYS, AND 123,274 OUTPATIENT VISITS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Manchur Fred CEO - Kh Until Dec 22 | Trustee | 1 | $0 |
Haas Richard Evp Market Strategies Until 12/22 | Trustee | 1 | $0 |
Sackett Walter President Kh Until Oct 22 | OfficerTrustee | 1 | $0 |
Burns Terry Evp Chief Administration Officer Until Oct-22 | Trustee | 1 | $0 |
Manchur Richard President Of Khdo | OfficerTrustee | 1 | $0 |
Ko Tim Interim Kh CFO | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $77,786 |
| Government grants | $615,360 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $693,146 |
| Total Program Service Revenue | $38,943,878 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$4,845 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $39,632,179 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $73,653 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $671,817 |
| Compensation of current officers, directors, key employees. | $96,999 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $14,595,190 |
| Pension plan accruals and contributions | $403,315 |
| Other employee benefits | $2,113,159 |
| Payroll taxes | $1,022,049 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,580 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,179,913 |
| Advertising and promotion | $173 |
| Office expenses | $628,948 |
| Information technology | $132,492 |
| Royalties | $0 |
| Occupancy | $1,891,756 |
| Travel | $23,257 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $14,639 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,116,688 |
| Insurance | $70,329 |
| All other expenses | $2,642,660 |
| Total functional expenses | $40,201,816 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $159,100 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,706,413 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,205,596 |
| Prepaid expenses and deferred charges | $69,464 |
| Net Land, buildings, and equipment | $20,658,989 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $362,993 |
| Other assets | $488,818 |
| Total assets | $26,651,373 |
| Accounts payable and accrued expenses | $3,468,234 |
| Grants payable | $0 |
| Deferred revenue | $300,629 |
| 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 | $1,270,043 |
| Total liabilities | $5,038,906 |
| Net assets without donor restrictions | $21,612,467 |
| 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 | $26,651,373 |