Wooster Community Hospital Foundation
- Assets
- $12.0m
- Revenue
- $39.2m
- Investments
- $68.3k
- Employees
- 238
- Location
- Wooster, OH
- Founding
- 01/1996
- Data as of
- 12/2023
- EIN
- 34-1785051
Organization Overview
Wooster Community Hospital Foundation is located in Wooster, OH. The organization was established in 1996. According to its NTEE Classification (E19) the organization is classified as: Support N.E.C., under the broad grouping of Health Care and related organizations. As of 12/2023, Wooster Community Hospital Foundation employed 238 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wooster Community Hospital Foundation 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 12/2023, Wooster Community Hospital Foundation generated $39.2m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 11.0% each year . All expenses for the organization totaled $37.3m during the year ending 12/2023. While expenses have increased by 10.7% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE PROGRAMS AND SERVICES IN SUPPORT OF THE OPERATIONS OF WOOSTER COMMUNITY HOSPITAL IN A MANNER THAT PROMOTES THE PUBLIC PURPOSES OF IMPROVING THE DELIVERY OF HEALTHCARE AND WELLNESS SERVICES TO ALL PEOPLE WITHIN THE CITY OF WOOSTER AND SURROUNDING COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE RECRUITMENT AND RETENTION OF PHYSICIANS, PHYSICIAN ASSISTANTS AND CERTIFIED NURSE PRACTITIONERS.
THE PROVISION OF MEDICAL SERVICES TO THE PUBLIC THROUGH THE OPERATION OF BLOOMINGTON MEDICAL SERVICES, LLC.
THE PROVISION OF COMMUNITY HEALTH SUPPORT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jerry Packard President | OfficerTrustee | 1 | $0 |
Thomas Capek Vice President | OfficerTrustee | 1 | $0 |
Joan Kiper Chair | Trustee | 1 | $0 |
John Cook Secretary/treasurer | OfficerTrustee | 1 | $0 |
Dan Wakefield Trustee | Trustee | 1 | $0 |
Don Noble Trustee | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Osu Specialty Care Network Medical Services | 12/30/23 | $2,362,121 |
Medpro Group Liability Insurance | 12/30/23 | $885,224 |
Meritain Health Inc 3rd Party Administrator For Bloomington | 12/30/23 | $733,619 |
Optumrx Pharmacy Claims Processing For Employee | 12/30/23 | $494,585 |
David Akwainja Kittoe Dba Daven Medical Medical Services | 12/30/23 | $411,988 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $18,985,000 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $705,117 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $19,690,117 |
| Total Program Service Revenue | $18,915,261 |
| Investment income | $378,107 |
| 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 | $39,194,817 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $57,829 |
| 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. | $1,163,850 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $22,366,674 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $4,144,662 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,400 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $6,625,773 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $818,445 |
| Travel | $0 |
| 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 | $0 |
| Depreciation, depletion, and amortization | $186,374 |
| Insurance | $946,549 |
| All other expenses | $0 |
| Total functional expenses | $37,308,065 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,026,663 |
| Savings and temporary cash investments | $3,615,638 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,084,605 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $6,414 |
| Prepaid expenses and deferred charges | $147,425 |
| Net Land, buildings, and equipment | $423,371 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $68,340 |
| Investments—program-related | $717,411 |
| Intangible assets | $0 |
| Other assets | $941,533 |
| Total assets | $12,031,400 |
| Accounts payable and accrued expenses | $4,663,584 |
| 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 | $0 |
| Total liabilities | $4,663,584 |
| Net assets without donor restrictions | $7,299,476 |
| Net assets with donor restrictions | $68,340 |
| 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 | $12,031,400 |
Grants Awarded
Over the last fiscal year, Wooster Community Hospital Foundation has awarded $158,217 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
BLOOMINGTON MEDICAL CENTER PURPOSE: FOR PURCHASE OF SOFTWARE | $25,830 |
WOOSTER COMMUNITY HOSPITAL PURPOSE: SUPPORT OF NURSING SCHOLARSHIP AND MEDICAL PROFESSIONAL EDUCATION | $132,387 |