Ashtabula County Medical Center
- Assets
- $199.2m
- Revenue
- $158.8m
- Investments
- $2.9m
- Employees
- 1,206
- Location
- Ashtabula, OH
- Founding
- 08/2014
- Data as of
- 12/2020
- EIN
- 34-0726081
Organization Overview
Ashtabula County Medical Center is located in Ashtabula, OH. The organization was established in 2014. 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, Ashtabula County Medical Center employed 1,206 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Ashtabula County Medical Center 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, Ashtabula County Medical Center generated $158.8m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $160.1m during the year ending 12/2020. While expenses have increased by 5.4% 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
FULL-SERVICE ACUTE CARE HOSPITAL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ASHTABULA COUNTY MEDICAL CENTER (ACMC) IS A PRIVATE, NOT-FOR-PROFIT, COMMUNITY-ORIENTED MEDICAL CENTER THAT PROVIDES THE BEST POSSIBLE MEDICAL CARE THROUGH ALL PHASES OF LIFE TO THOSE SEEKING HELP. IN 2021 WE MET OUR MISSION OF MEETING OUR COMMUNITY'S HEALTH CARE NEEDS AS EVIDENCED BY APPROXIMATELY 28,478 EMERGENCY DEPARTMENT VISITS, 4,272 INPATIENT DISCHARGES, 8,570 SURGICAL PROCEDURES (INCLUDING ENDOSCOPY), 0 BIRTHS, 68,067 RADIOLOGY PROCEDURES, AND 278,421 OUTPATIENT PROVIDER ENCOUNTERS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alexander Taich MD Chief Of Staff | Trustee | 60 | $1,351,506 |
John Lee Physician | 60 | $828,152 | |
Nathaniel S Franley MD Physician | 60 | $826,047 | |
Pazhaniaandi Tirounilacandin MD Physician | 60 | $824,035 | |
Shinoj Pattali Jayavalsan Physician | 60 | $811,146 | |
Preetha Muthusamy MD Physician | 60 | $724,107 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Amerisourcebergen Medical | 12/30/21 | $20,677,748 |
Cleveland Clinic Foundation Administrative And Clinical Services | 12/30/21 | $9,515,521 |
Rxbenefits Medical/ Prescriptions | 12/30/21 | $3,158,794 |
Cardinal Health Medical Products And Ser Medical | 12/30/21 | $3,032,867 |
Apogee Medical Management Medical | 12/30/21 | $2,865,219 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $328,532 |
| Investment income | $1,763,026 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $322,018 |
| Net Gain/Loss on Asset Sales | $3,754,385 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $158,791,321 |
| 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. | $2,477,558 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $59,546,820 |
| Pension plan accruals and contributions | $3,126,596 |
| Other employee benefits | $10,846,397 |
| Payroll taxes | $3,857,856 |
| Fees for services: Management | $1,897,824 |
| Fees for services: Legal | $228,708 |
| Fees for services: Accounting | $53,157 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $57,194 |
| Fees for services: Other | $20,011,898 |
| Advertising and promotion | $205,099 |
| Office expenses | $181,129 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,986,112 |
| Travel | $45,753 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $4,035,250 |
| Depreciation, depletion, and amortization | $4,246,452 |
| Insurance | $1,496,259 |
| All other expenses | $0 |
| Total functional expenses | $160,050,722 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $41,990,780 |
| Savings and temporary cash investments | $9,552,506 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $30,368,047 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $2,516,661 |
| Prepaid expenses and deferred charges | $1,871,803 |
| Investments—publicly traded securities | $67,336,921 |
| Investments—other securities | $2,937,260 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $10,808,375 |
| Total assets | $199,172,517 |
| Accounts payable and accrued expenses | $24,892,917 |
| Grants payable | $0 |
| Deferred revenue | $4,870,615 |
| 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 | $59,286,677 |
| Total liabilities | $89,050,209 |
| 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 | $110,122,308 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Ashtabula County Medical Center has recieved totaling $40,323.
| Awarding Organization | Amount |
|---|---|
Center For Health Affairs Cleveland, OH PURPOSE: EMER.PREPAREDNESS | $23,323 |
Mfg Foundation Ashtabula, OH PURPOSE: TO PROVIDE SUPPORT FOR THE ORGANIZATION'S MISSION. | $17,000 |
Peer Organizations
| 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 |