University Hospitals Health System Inc
- Assets
- $17.6m
- Revenue
- $31.7m
- Investments
- $0.0
- Employees
- 107
- Location
- Shaker Heights, OH
- Founding
- 08/1998
- Data as of
- 12/2021
- EIN
- 34-1778204
Organization Overview
University Hospitals Health System Inc, operating under the name Lake Health Physician Group, is located in Shaker Heights, OH. The organization was established in 1998. According to its NTEE Classification (E99) the organization is classified as: Health Care N.E.C., under the broad grouping of Health Care and related organizations. As of 12/2021, Lake Health Physician Group employed 107 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Lake Health Physician Group 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, Lake Health Physician Group generated $31.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $31.7m during the year ending 12/2021. While expenses have increased by 3.1% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PRIMEHEALTH, INC., DBA LAKE HEALTH PHYSICIAN GROUP, IS A PHYSICIAN NETWORK IN NORTHEAST OHIO COMPRISED OF PRIMARY CARE AND SPECIALTY PHYSICIANS PROVIDING HIGH QUALITY PERSONALIZED MEDICAL CARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRIMEHEALTH, INC., DBA LAKE HEALTH PHYSICIAN GROUP ("LHPG"), WAS FORMED TO RENDER PROFESSIONAL SERVICES OF PHYSICIANS, LICENSED TO PRACTICE MEDICINE IN THE STATE OF OHIO, TO THE RESIDENTS OF LAKE COUNTY AND THE SURROUNDING COMMUNITIES. LHPG WAS ALSO ORGANIZED WITH THE PURPOSE OF FURTHERING THE CHARITABLE PURPOSE OF LAKE HOSPITAL SYSTEM, INC., DBA LAKE HEALTH. IN KEEPING WITH THE MISSION AND COMMITMENT TO THE COMMUNITY HELD BY LAKE HEALTH, LHPG PHYSICIANS PROVIDE CONVENIENTLY LOCATED PRIMARY HEALTH CARE ACCESS TO THE AREA'S RESIDENTS THROUGH PEDIATRIC, OBSTETRIC/GYNECOLOGY, INTERNAL MEDICINE, INTEGRATIVE MEDICINE, PULMONOLOGY, ENDOCRINOLOGY, RHEUMOTOLOGY, AND FAMILY PRACTICE SERVICES, AS WELL AS SPECIALIZED CARE IN THE AREA OF GENERAL, ORTHOPEDIC, CARDIAC AND BARIATRIC SURGERY. IN ADDITION TO PROVIDING LOCAL ACCESS TO HEALTH CARE, LHPG PHYSICIANS PROVIDE A WIDE ARRAY OF HEALTH CARE INFORMATION TO RESIDENTS IN THE COMMUNITY. THIS INFORMATION, DELIVERED THROUGH A VARIETY OF MEDIA, IS DESIGNED TO EDUCATE AND ENHANCE THE HEALTH AND WELLNESS OF THE COMMUNITY. THE LISTING BELOW CONTAINS A SAMPLING OF THE INFORMATION PROVIDED BY LHPG PHYSICIANS:WOMEN'S HEALTH CONFERENCE SPEAKERNEWS-HERALD HEALTH TALK ARTICLESSPEAKING ENGAGEMENTS AT LOCAL SCHOOLSLECTURES AT LOCAL BUSINESSESPARENTING CLASSES AT TRIPOINT MEDICAL CENTER AND WEST MEDICAL CENTERALL INFORMATION IS PROVIDED TO THE COMMUNITY AT NO COST.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Tracz Trustee, Senior VP & CFO | OfficerTrustee | 5 | $0 |
Dr John Baniewicz Cmo (ex Officio) | Trustee | 10 | $0 |
Dr John Samsa Trustee, Physician | Trustee | 40 | $478,672 |
Richard Cicero Trustee, Sr VP Business De | Trustee | 5 | $0 |
Dr Robert Zndarsic Trustee, Physician | Trustee | 40 | $324,886 |
Dr Liese Vito Trustee, Physician, Chair | OfficerTrustee | 40 | $260,392 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| 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 | $0 |
| Total Program Service Revenue | $31,677,804 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $31,677,804 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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 of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $26,648,492 |
| Pension plan accruals and contributions | $515,115 |
| Other employee benefits | $2,904,827 |
| Payroll taxes | $1,289,214 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $150 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $96,638 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $31,677,804 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $17,115,647 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $479,887 |
| Total assets | $17,595,534 |
| Accounts payable and accrued expenses | $589,887 |
| 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 | $17,005,647 |
| Total liabilities | $17,595,534 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $17,595,534 |