Genesis Healthcare System is located in Zanesville, OH. The organization was established in 1996. 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, Genesis Healthcare System employed 3,734 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Genesis Healthcare System 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 12/2021, Genesis Healthcare System generated $590.9m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.8% each year. All expenses for the organization totaled $508.4m during the year ending 12/2021. While expenses have increased by 6.6% 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 2015, Genesis Healthcare System has awarded 33 individual grants totaling $2,000,089. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
IN 1997, GOOD SAMARITAN MEDICAL CENTER AND BETHESDA HOSPITAL ASSOCIATION, A TAX-EXEMPT COMMUNITY HOSPITAL ALSO LOCATED IN ZANESVILLE, AFFILIATED TO FORM GENESIS HEALTHCARE SYSTEM. GENESIS HAS BEEN GRANTED 501C3 STATUS AS A HOSPITAL. ALL HOSPITAL OPERATIONS AND ASSETS OF GOOD SAMARITAN MEDICAL CENTER WERE TRANSFERRED TO GENESIS WITH THE EXCEPTION OF CERTAIN INVESTMENTS. GOOD SAMARITAN MEDICAL CENTER WILL CONTINUE TO HAVE CONTROL OVER CERTAIN INVESTMENTS WHICH ARE BEING USED BY THE GENESIS HEALTHCARE SYSTEM IN FULFILLING ITS TAX-EXEMPT PURPOSE.
Describe the Organization's Program Activity:
GENESIS PROVIDES ACUTE CARE SERVICES INCLUDING MEDICAL, SURGICAL, OBSTETRICAL, PEDIATRIC AND CRITICAL CARE. GENESIS PROVIDES A WIDE RANGE OF DIAGNOSTIC AND SUPPORT SERVICES FOR INPATIENTS AND OUTPATIENTS. THESE SERVICES ARE COMPRISED OF LABORATORY, IMAGING SERVICES, CARDIAC, AND PHARMACY. LABORATORY SERVICES INCLUDE CHEMISTRY, PATHOLOGY, MICROBIOLOGY, HEMATOLOGY, CYTOLOGY, AND PHLEBOTOMY. IMAGING SERVICES INCLUDES RADIOLOGY, NUCLEAR MEDICINE, MRI, ULTRASOUND, CT SCAN, PET SCAN, MAMMOGRAPHY AND BONE DENSITY SCANNING.GENESIS HEART & VASCULAR SERVICES PROVIDE NEEDED HEART CARE FROM PREVENTION TO REHABILITATION. OUR BOARD-CERTIFIED SPECIALISTS INCLUDE CARDIOLOGISTS, CARDIOTHORACIC VASCULAR SURGEONS, ELECTROPHYSIOLOGISTS, INTERVENTIONAL CARDIOLOGISTS, CARDIAC ANESTHESIOLOGISTS AND CARDIAC REHAB SPECIALISTS. THE CARDIOTHORACIC AND VASCULAR SURGICAL TEAMS PERFORM A WIDE VARIETY OF COMPLEX AND HIGH-RISK CARDIAC, THORACIC AND VASCULAR PROCEDURES INCLUDING OPEN HEART SURGERY. OUR CARDIAC TEAM TAKES OUR PATIENTS FROM EVALUATION AND DIAGNOSIS THROUGH LIFESTYLE CHANGES AND TREATMENTS. ALSO INCLUDED IN OUR CARDIAC SERVICES ARE OUR CLINICS AND SPECIALTY PROGRAMS. THESE INCLUDE AN ANTICOAGULATION CLINIC, A CONGESTIVE HEART FAILURE CLINIC, A DEVICE CLINIC, A VEIN CLINIC AND A CARDIAC REHABILITATION PROGRAM. GENESIS IS AN ACCREDITED CHEST PAIN CENTER WITH PCI, AN ACCREDITED ECHOCARDIOGRAPHY FACILITY. RESPIRATORY SERVICES - GENESIS RESPIRATORY & LUNG PROVIDES SERVICES FOR A VARIETY OF LUNG CONDITIONS AND DISEASES INCLUDING LUNG SURGERIES AND RESPIRATORY THERAPY. OUR TEAM, INCLUDING BOARD-CERTIFIED PULMONOLOGISTS, PROVIDE CARE AND TREATMENT FOR PATIENTS WITH PNEUMONIA, LUNG CANCER, BLACK LUNG DISEASE, RESPIRATORY FAILURE, COLLAPSED LUNG, AND OTHER PLEURAL DISEASES. THE GENESIS ORTHOPEDIC TEAM OF BOARD-CERTIFIED SURGEONS, SPECIALLY TRAINED NURSES, AND REHABILITATION THERAPISTS WORK TOGETHER TO DIAGNOSE AND TREAT THE MUSCULOSKELETAL ISSUES OF OUR PATIENTS. SERVICES RANGE FROM ADVANCED IMAGING TESTING THROUGH TO REHABILITATION. SURGICAL SURGERIES INCLUDE NUMEROUS PROCEDURES INCLUDING REPLACEMENT OF THE HIP, KNEE, OR SHOULDER AS WELL AS VARIOUS SURGERIES INVOLVING THE HAND. THE SPECIALIZED REHABILITATION PROGRAM SPEEDS RECOVERY AFTER A SERIOUS INJURY OR SURGERY RELATED TO A BONE, JOINT, LIGAMENT, TENDON OR MUSCLE. IN ADDITION TO PHYSICAL AND OCCUPATIONAL THERAPY, GENESIS ALSO PROVIDES AMPUTEE AND PROSTHETICS THERAPY AND TRAINING.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Matthew Perry President/ceo | Officer | 48.89 | $994,131 |
Scott Wegner MD Chief Clinical Officer | Officer | 50 | $720,427 |
Michael Norman Chief Financial Officer | Officer | 48.93 | $564,107 |
Dianna Leveck Chief Human Resources Officer | Officer | 49.85 | $541,708 |
Sharon Parker Chief Operation Officer | Officer | 49.85 | $536,973 |
Edmund Romito Chief Information Officer | Officer | 50 | $502,752 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Arup Laboratories Medical Services | 12/30/21 | $1,867,627 |
P&w Architects Llp Professional Services | 12/30/21 | $1,404,178 |
Central Ohio Hospitalists Inc Medical Services | 12/30/21 | $7,310,093 |
Advizex Technologies Technology Services | 12/30/21 | $1,271,406 |
Apg Architects Professional Services | 12/30/21 | $1,271,179 |
Statement of Revenue | |
---|---|
Federated campaigns | $9,000 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $623,581 |
Government grants | $15,072,832 |
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 | $15,705,413 |
Total Program Service Revenue | $541,202,025 |
Investment income | $8,769,249 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $339,556 |
Net Gain/Loss on Asset Sales | $407,033 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $590,938,337 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $260,007 |
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. | $7,894,202 |
Compensation of current officers, directors, key employees. | $7,894,202 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $158,007,773 |
Pension plan accruals and contributions | $3,918,347 |
Other employee benefits | $25,894,457 |
Payroll taxes | $11,590,971 |
Fees for services: Management | $73,974 |
Fees for services: Legal | $549,712 |
Fees for services: Accounting | $11,863,070 |
Fees for services: Lobbying | $158,358 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $64,743,878 |
Advertising and promotion | $941,729 |
Office expenses | $8,069,756 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $10,918,548 |
Travel | $475,789 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $4,516 |
Interest | $16,093,997 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $20,268,129 |
Insurance | -$213,481 |
All other expenses | $2,948,392 |
Total functional expenses | $508,437,145 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $6,814,175 |
Savings and temporary cash investments | $3,866,299 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $66,933,025 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $9,519,127 |
Prepaid expenses and deferred charges | $16,194,049 |
Net Land, buildings, and equipment | $296,426,703 |
Investments—publicly traded securities | $135,829,831 |
Investments—other securities | $8,271,183 |
Investments—program-related | $0 |
Intangible assets | $4,281,450 |
Other assets | $119,660,978 |
Total assets | $667,796,820 |
Accounts payable and accrued expenses | $108,051,371 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $263,276,508 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $4,590,000 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $40,217,676 |
Total liabilities | $416,135,555 |
Net assets without donor restrictions | $251,661,265 |
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 | $667,796,820 |
Over the last fiscal year, Genesis Healthcare System has awarded $255,007 in support to 4 organizations.
Grant Recipient | Amount |
---|---|
Orrville, OH PURPOSE: DONATION OF SUPPLIES | $180,007 |
GENESIS HEALTHCARE FOUNDATION PURPOSE: DONATION FOR AT RISK COMPENSATION | $45,000 |
Zanesville, OH PURPOSE: CORPORATE DONATION FOR PLEDGE CAMPAIGN | $20,000 |
Zanesville, OH PURPOSE: GROUNDHOG DAY CELEBRATION | $10,000 |
Over the last fiscal year, we have identified 1 grants that Genesis Healthcare System has recieved totaling $22,829.
Awarding Organization | Amount |
---|---|
Muskingum County Community Foundation Zanesville, OH PURPOSE: GENERAL PURPOSES | $22,829 |
Organization Name | Assets | Revenue |
---|---|---|
Presbyterian Medical Center Of The University Of Pennsylvania Health Philadelphia, PA | $864,132,692 | $1,007,924,819 |
Deaconess Hospital Inc Evansville, IN | $1,921,220,397 | $1,102,144,618 |
Kettering College Miamisburg, OH | $1,728,903,615 | $1,055,020,178 |
Abington Memorial Hospital Philadelphia, PA | $948,017,930 | $858,404,541 |
Saint Joseph Health System Inc Lexington, KY | $961,743,109 | $864,115,504 |
Covenant Medical Center Inc Saginaw, MI | $1,038,790,282 | $776,913,978 |
Uofl Health-Louisville Inc Louisville, KY | $577,142,236 | $950,019,808 |
Tower Health Reading, PA | $1,567,530,050 | $562,187,138 |
Cabell Huntington Hospital Inc Huntington, WV | $1,087,986,142 | $722,910,695 |
Allegiance Health Jackson, MI | $830,742,312 | $709,583,429 |
Pennsylvania Hospital Of The Univ Of Pennsylvania Health System Philadelphia, PA | $773,767,590 | $678,080,811 |
Indiana University Health Bloomingon Inc Indianapolis, IN | $990,966,337 | $700,343,585 |