Legacy Salmon Creek Hospital is located in Vancouver, WA. The organization was established in 2004. 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. Legacy Salmon Creek Hospital 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 03/2020, Legacy Salmon Creek Hospital generated $444.0m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.8% each year. All expenses for the organization totaled $387.0m during the year ending 03/2020. While expenses have increased by 5.7% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
LEGACY SALMON CREEK HOSPITAL IS WASHINGTON'S MOST MODERN HOSPITAL AND PROVIDES ACUTE AND CRITICAL CARE IN VANCOUVER, WA. LSCH OPERATES ADULT, PEDIATRIC, AND OB/GYN HOSPITALIST PROGRAMS, AS WELL AS 4 PRIMARY CARE PHYSICIAN PRACTICES AND 13 SPECIALTY CLINICS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LSCH WAS THE STATE OF WASHINGTON'S FIRST NEW HOSPITAL CONSTRUCTION SINCE 1979. THE HOSPITAL OPENED IN AUGUST 2005 WITH 165 LICENSED BEDS, ALL OF WHICH ARE SINGLE OCCUPANCY. LSCH PROVIDES A FULL ARRAY OF HOSPITAL SERVICES, INCLUDING SURGERY, DIAGNOSTICS, INPATIENT AND OUTPATIENT MEDICAL SERVICES, NEONATAL INTENSIVE CARE UNIT, PEDIATRIC, OBSTETRICAL, AND EMERGENCY SERVICES. LSCH UTILIZES AN ELECTRONIC INFORMATION SYSTEM FOR MEDICAL RECORDS AND PHYSICIAN ORDER ENTRY. PHYSICIANS ARE ABLE TO COMPLETE THEIR ENTIRE PATIENT RECORDS ELECTRONICALLY AND CAN REMOTELY ACCESS PATIENT RECORDS, INCLUDING DIAGNOSTIC IMAGES.IN SUPPORT OF ITS MISSION, LSCH VOLUNTARILY PROVIDES MEDICALLY NECESSARY PATIENT CARE SERVICES THAT ARE DISCOUNTED OR FREE OF CHARGE TO PERSONS WHO HAVE INSUFFICIENT RESOURCES AND/OR WHO ARE UNINSURED. DURING FISCAL YEAR 2022, LSCH PROVIDED FINANCIAL ASSISTANCE ON APPROXIMATELY 8,364 PATIENT ACCOUNTS (OF WHICH 705 ACCOUNTS RECEIVED DISCOUNTS TOTALING 100% OF COSTS) AND RESULTED IN LSCH INCURRING ROUGHLY $5,365,500 IN UNCOMPENSATED COSTS ASSOCIATED WITH THIS PROGRAM. IN ADDITION TO CHARITY CARE, LSCH PROVIDES SERVICES UNDER VARIOUS STATES' MEDICAID PROGRAMS FOR FINANCIALLY NEEDY PATIENTS MEDICARE BENEFICIARIES, AND OTHER GOVERNMENT PROGRAMS FOR WHICH THE COST OF TREATING THESE PATIENTS EXCEEDS THE GOVERNMENT PAYMENTS RECEIVED. DURING FISCAL YEAR 2022, LSCH INCURRED APPROXIMATELY $51,847,800, $58,834,600 AND $3,196,600 IN UNCOMPENSATED COSTS ATTRIBUTABLE TO MEDICAID, MEDICARE AND OTHER GOVERNMENT PROGRAMS RESPECTIVELY. LSCH ALSO PROVIDES A VARIETY OF OTHER COMMUNITY BENEFIT ACTIVITIES SUCH AS MEDICAL EDUCATION, DONATIONS TO OTHER CHARITABLE ENTITIES, RESEARCH, AND OTHER HEALTH IMPROVEMENT SERVICES, WHICH TOTALED ROUGHLY $1,878,700 DURING FISCAL YEAR 2022.LSCH IS PART OF LEGACY, WHICH COLLECTIVELY PROVIDED OVER $40 MILLION, $292 MILLION, $265 MILLION, AND $13 MILLION IN UNCOMPENSATED CARE ATTRIBUTABLE TO ITS FINANCIAL ASSISTANCE, MEDICAID, MEDICARE, AND OTHER GOVERNMENT PROGRAMS, RESPECTIVELY, IN FISCAL YEAR 2022. IN ADDITION, LEGACY PROVIDED OVER $26 MILLION IN OTHER COMMUNITY BENEFIT ACTIVITIES DURING FISCAL YEAR 2022.
LSCH OPERATES ADULT, PEDIATRIC, AND OB/GYN HOSPITALIST PROGRAMS, AS WELL AS FOUR PRIMARY CARE PHYSICIAN PRACTICES AND THIRTEEN SPECIALTY CLINICS IN SOUTHWEST WASHINGTON. FROM IT'S OPENING IN 2005, LSCH HAS USED AN ELECTRONIC HEALTH INFORMATION SYSTEM FOR MEDICAL RECORDS AND PHYSICIAN ORDER ENTRY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Brendan J Daly MD Cardiologist | 40 | $659,314 | |
Carber C Huang MD Surgeon | 40 | $536,130 | |
Won Lee MD Oncologist | 40 | $516,790 | |
Jon J Hersen President | 40 | $507,283 | |
Hoa Ly Hospitalist | 40 | $462,995 | |
Christopher Stamatakos Physician Assist | 40 | $452,671 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Stryker Endoscopy Medical Services | 3/30/22 | $1,862,189 |
Lease Crutcher Lewis Llc Construction | 3/30/22 | $1,580,342 |
Oregon Health & Science University Medical Services | 3/30/22 | $3,221,343 |
The Vancouver Clinic Inc Medical Services | 3/30/22 | $1,340,574 |
Siemens Medical Solutions Usa Contract Maintenance | 3/30/22 | $1,008,800 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $329,044 |
Investment income | $1,058 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | -$1,243,918 |
Net Gain/Loss on Asset Sales | -$30,417 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $444,002,528 |
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. | $1,108,768 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $186,414,778 |
Pension plan accruals and contributions | $10,201,448 |
Other employee benefits | $26,511,882 |
Payroll taxes | $13,218,782 |
Fees for services: Management | $0 |
Fees for services: Legal | $334,436 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $60,000 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $6,435,502 |
Advertising and promotion | $0 |
Office expenses | $74,004,416 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $3,194,202 |
Travel | $89,214 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $200,481 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $13,213,270 |
Insurance | $2,120,742 |
All other expenses | $0 |
Total functional expenses | $386,995,258 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $799,872 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $51,309,385 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $3,082,382 |
Prepaid expenses and deferred charges | $272,802 |
Investments—publicly traded securities | $0 |
Investments—other securities | $357,378,331 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $3,202,832 |
Total assets | $561,416,626 |
Accounts payable and accrued expenses | $31,692,381 |
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 | $419,415 |
Total liabilities | $32,111,796 |
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 | $529,304,830 |
Over the last fiscal year, we have identified 5 grants that Legacy Salmon Creek Hospital has recieved totaling $1,167,198.
Awarding Organization | Amount |
---|---|
Salmon Creek Hospital Foundation Portland, OR | | $1,130,347 |
Good Samaritan Foundation Portland, OR | | $16,331 |
Legacy Health Foundation Portland, OR | | $10,453 |
The Trudy Scammon Foundation Battle Ground, WA PURPOSE: SUPPORTING HOSPITAL PROGRAMS. | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $67 |
Beg. Balance | $2,206,732 |
Earnings | $26,412 |
Net Contributions | $1,097,677 |
Other Expense | $502,786 |
Ending Balance | $2,828,035 |
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 |