Lima Memorial Joint Operating Company
- Assets
- $495.8m
- Revenue
- $230.1m
- Investments
- $19.2m
- Employees
- 1,607
- Location
- Lima, OH
- Founding
- 05/1999
- Data as of
- 12/2020
- EIN
- 34-1883284
Organization Overview
Lima Memorial Joint Operating Company, operating under the name Lima Memorial Health System, is located in Lima, OH. The organization was established in 1999. According to its NTEE Classification (E21) the organization is classified as: Community Health Systems, under the broad grouping of Health Care and related organizations. As of 12/2021, Lima Memorial Health System employed 1,607 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lima Memorial Health 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 12/2020, Lima Memorial Health System generated $230.1m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $201.0m during the year ending 12/2020. While expenses have increased by 2.6% 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 2014, Lima Memorial Health System has awarded 93 individual grants totaling $3,091,877. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
AS ONE OF THE LARGEST NOT-FOR-PROFIT HEALTH CARE ORGANIZATIONS IN WEST CENTRAL OHIO, LIMA MEMORIAL HEALTH SYSTEM IS COMMITTED TO IMPROVING THE QUALITY OF LIFE IN OUR COMMUNITIES THROUGH COMPREHENSIVE HEALTH SERVICES. LIMA MEMORIAL IS CONTINUALLY IMPROVING ITS SERVICES AND FACILITIES BY KEEPING UP WITH THE LATEST TECHNOLOGIES, PROVIDING CONTINUING EDUCATION TO OUR HEALTH CARE TEAM AND UPDATING OUR FACILITIES. OUR PATIENT SATISFACTION NUMBERS CONTINUE TO IMPROVE AND WE CONTINUALLY ACHIEVE QUALITY SCORES THAT ARE BETTER THEN THE STATE AND NATIONAL AVERAGES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AS ONE OF THE LARGEST NOT-FOR-PROFIT HEALTHCARE ORGANIZATIONS IN WEST CENTRAL OHIO, LIMA MEMORIAL HEALTH SYSTEM IS COMMITTED TO IMPROVING THE QUALITY OF LIFE IN OUR COMMUNITIES THROUGH COMPREHENSIVE HEALTH SERVICES.LIMA MEMORIAL IS CONTINUALLY IMPROVING ITS SERVICES AND FACILITIES BY KEEPING UP WITH THE LATEST TECHNOLOGIES, PROVIDING CONTINUING EDUCATION TO OUR HEALTHCARE TEAM AND UPDATING OUR FACILITIES. OUR PATIENT SATISFACTION NUMBERS CONTINUE TO IMPROVE AND WE CONTINUALLY ACHIEVE QUALITY SCORES THAT ARE BETTER THAN STATE AND NATIONAL AVERAGES.THE HEALTH SYSTEM PROVIDES COMPREHENSIVE HEALTHCARE THAT ALLOWS US TO CARE FOR PATIENTS FROM BIRTH THROUGH ELDER YEARS. THESE SERVICES INCLUDE, BUT ARE NOT LIMITED TO:- 24-HOUR EMERGENCY SERVICES INCLUDING LEVEL II TRAUMA- ACCREDITED CHEST PAIN CENTER- THE HEART AND VASCULAR INSTITUTE- COMMISSION ON CANCER ACCREDITED CANCER INSTITUTE- ORTHOPEDICS- OBSTETRICS, LEVEL II NURSERY AND PEDIATRICS- WOMEN'S HEALTH CENTER- ROBOTIC SURGERY PROGRAM- DIAGNOSTIC & IMAGING- LABORATORY- INPATIENT AND OUTPATIENT REHABILITATION SERVICES- NEUROSCIENCE PROGRAM- UROLOGYIN 2021, LIMA MEMORIAL CONTRIBUTED AN ESTIMATED $39 MILLION IN COMMUNITY VALUE IN TERMS OF COMMUNITY BENEFIT EXPENDITURES, CHARITY CARE AND GOVERNMENT-SPONSORED HEALTH CARE. THIS NUMBER NOT ONLY INDICATES OUR COMMITMENT TO OUR COMMUNITIES, BUT ALSO FULFILLS OUR PURPOSE AS A NOT-FOR-PROFIT ORGANIZATION BY POSITIVELY IMPACTING THE MEMBERS OF THE COMMUNITIES THAT WE SERVE. THOUSANDS OF PEOPLE HAVE BENEFITED FROM THE COMPASSIONATE CARE AND EXPERTISE OF OUR PHYSICIANS, NURSES, ASSOCIATES AND VOLUNTEERS.EXAMPLES OF PROGRAMS BENEFITING THE BROADER COMMUNITY INCLUDE, BUT ARE NOT LIMITED TO:- EMS OUTREACH & EDUCATION- GO RED - HEART HEALTH AWARENESS CAMPAIGN- COLORECTAL AWARENESS CAMPAIGN- JOURNEY TO REMEMBER RAISED FUNDS FOR THE HEART PROGRAM- BREAST CANCER AWARENESS CAMPAIGN- KIDS CLINIC FOR CHILDREN WHO HAVE BEEN SEXUALLY ABUSED- CHILDREN'S DEVELOPMENTAL CENTER SUPPORT- BABY FAIR- CHEST PAIN CENTER- BONE DENSITY SCREENINGS- CARDIAC RISK ASSESSMENT SCREENINGS- PROSTATE CANCER AWARENESS CAMPAIGN & SCREENINGS- KIDNEY DISEASE SCREENINGS- SKIN CANCER SCREENINGS- CANCER RESOURCE CENTER- MEDICARE ELIGIBILITY PROGRAM- BREAST CANCER SURVIVOR SUPPORT GROUP- MENDED HEARTS SUPPORT GROUP- FAMILY BIRTH EDUCATION & CLINICS- DIABETIC EDUCATION- WOMEN'S RESOURCE CENTER- CONGESTIVE HEART FAILURE CLINIC- TV AND RADIO PSAS- BREASTFEEDING CLASS AND CLINIC- SMOKING CESSATION- COMMUNITY BLOOD DRIVESAS HEALTHCARE CONTINUES TO CHANGE, LIMA MEMORIAL WILL CONTINUE TO PROVIDE THE HIGHEST QUALITY OF CARE IN A FAMILY ATMOSPHERE TO OUR PATIENTS BY CONTINUALLY ADVANCING OUR SERVICES AND FACILITIES. IN ADDITION, THE HEALTH SYSTEM SUPPORTS OUR COMMUNITIES, NOT ONLY THROUGH COMPREHENSIVE HEALTHCARE, BUT THROUGH OUTREACH ACTIVITIES SUCH AS HEALTHCARE AWARENESS AND PREVENTION PROGRAMS, FREE PUBLIC HEALTH SCREENINGS, FINANCIAL SUPPORT FOR MANY COMMUNITY NON-PROFIT ORGANIZATIONS, AND OUTREACH TO THE UNDERSERVED.COMMUNITY BENEFIT DEFINITIONSLIMA MEMORIAL HEALTH SYSTEM'S 2020 COMMUNITY BENEFIT REPORT WAS PREPARED IN ACCORDANCE WITH THE REPORTING GUIDELINES PUBLISHED BY THE CATHOLIC HEALTH ASSOCIATION. COMMUNITY BENEFITS REPORTED BY THE HEALTH SYSTEM RESPOND TO AN IDENTIFIED COMMUNITY NEED AND MEET AT LEAST ONE OF THE FOLLOWING CRITERIA:- GENERATE A LOW OR NEGATIVE MARGIN;- RESPOND TO THE NEEDS OF SPECIAL POPULATIONS, SUCH AS MINORITIES, FRAIL, ELDERLY, POOR PERSONS WITH DISABILITIES, THE CHRONICALLY MENTALLY ILL, AND PERSONS WITH AIDS; AND-SUPPLY SERVICES OR PROGRAMS THAT WOULD LIKELY BE DISCONTINUED IF THE DECISION WERE MADE ON A PURELY FINANCIAL BASIS.THESE SERVICES INCLUDE:- COMMUNITY HEALTH SERVICES- HEALTH PROFESSIONS EDUCATION- SUBSIDIZED HEALTH SERVICES- RESEARCH ACTIVITIES- FINANCIAL CONTRIBUTIONS- COMMUNITY BUILDING ACTIVITIES- COMMUNITY BENEFIT OPERATIONS- COST OF CHARITY CARE- GOVERNMENT SPONSORED HEALTH CARE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael D Swick President/ceo (see Sch J) | Officer | 44 | $1,190,542 |
Robert E Armstrong Jr Senior Vp/coo (see Sch J) | 40 | $584,012 | |
Eric Pohjala VP Of Finance/cfo (see Sch J) | Officer | 40 | $420,702 |
Ann-Marie Jean Pohl Vice President/cno (see Sch J) | 50 | $417,484 | |
Dennis Morris VP Of Medical Affairs (see Sch J) | Officer | 30 | $306,094 |
Brett A Randolph Director Of Pharmacy | 50 | $204,568 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Midwest Hospitalist Physicians Llp Medical Services | 12/30/21 | $1,504,842 |
Vaya Workforce Solutions Llc Medical Services | 12/30/21 | $1,235,730 |
Trustaff Travel Nurses Llc Medical Services | 12/30/21 | $1,226,374 |
Emergency Physicians Of Nw Ohio Inc Medical Services | 12/30/21 | $1,050,000 |
Marshall & Melhorn Llc Legal | 12/30/21 | $1,094,152 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $6,468,334 |
| All other contributions, gifts, grants, and similar amounts not included above | $180 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,468,514 |
| Total Program Service Revenue | $219,419,322 |
| Investment income | $544,090 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $660,427 |
| 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 | $230,134,222 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $158,033 |
| 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. | $1,889,526 |
| Compensation of current officers, directors, key employees. | $1,889,526 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $67,035,956 |
| Pension plan accruals and contributions | $2,120,401 |
| Other employee benefits | $10,882,921 |
| Payroll taxes | $5,051,764 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,047,015 |
| Fees for services: Accounting | $192,870 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $177,702 |
| Fees for services: Other | $22,814,632 |
| Advertising and promotion | $0 |
| Office expenses | $9,669,759 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,189,591 |
| Travel | $138,662 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $3,071,450 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $13,555,121 |
| Insurance | $1,002,813 |
| All other expenses | $4,743,976 |
| Total functional expenses | $201,047,959 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $11,234,396 |
| Savings and temporary cash investments | $39,297,883 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $26,141,294 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $10,161,498 |
| Inventories for sale or use | $5,418,933 |
| Prepaid expenses and deferred charges | $4,569,352 |
| Net Land, buildings, and equipment | $106,082,932 |
| Investments—publicly traded securities | $87,284,319 |
| Investments—other securities | $19,197,709 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $186,362,158 |
| Total assets | $495,750,474 |
| Accounts payable and accrued expenses | $21,097,147 |
| Grants payable | $0 |
| Deferred revenue | $8,576,008 |
| Tax-exempt bond liabilities | $74,728,917 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $2,800,039 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $45,134,179 |
| Total liabilities | $152,336,290 |
| Net assets without donor restrictions | $343,414,184 |
| 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 | $495,750,474 |
Grants Awarded
Over the last fiscal year, Lima Memorial Joint Operating Company has awarded $168,862 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
Fremont, OH PURPOSE: COMMUNITY DEVELOPMENT/HEALTH AND WELLNESS | $79,669 |
Lima, OH PURPOSE: COMMUNITY DEVELOPMENT/HEALTH AND WELLNESS | $20,000 |
Lima, OH PURPOSE: COMMUNITY DEVELOPMENT/HEALTH AND WELLNESS | $20,000 |
WEST CENTRAL OHIO HEALTH MINISTRIES PURPOSE: COMMUNITY DEVELOPMENT/HEALTH AND WELLNESS | $12,517 |
Lima, OH PURPOSE: HEALTH INITIATIVE | $10,000 |
ALLEN COUNTY PUBLIC HEALTH PURPOSE: COMMUNITY DEVELOPMENT/HEALTH AND WELLNESS | $9,076 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Lima Memorial Joint Operating Company has recieved totaling $25,000.
| Awarding Organization | Amount |
|---|---|
Promedica Health System Inc Toledo, OH PURPOSE: CHARITABLE DONATION | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Parkview Health System Inc Fort Wayne, IN | $2,712,217,032 | $933,221,094 |
Bhsh System Grand Rapids, MI | $2,915,356,282 | $1,050,315,288 |
University Hospitals Health System Inc Shaker Heights, OH | $6,082,138,000 | $960,105,000 |
Aultman Health Foundation Group Return Canton, OH | $450,362,832 | $880,954,681 |
Mercy Health Partners Muskegon, MI | $816,487,004 | $692,908,897 |
Geisinger System Services Danville, PA | $1,398,222,343 | $715,016,181 |
Appalachian Regional Healthcare Inc Lexington, KY | $1,267,201,787 | $817,287,479 |
Highmark Health Pittsburgh, PA | $708,603,703 | $583,319,053 |
West Virginia University Medical Corporation Morgantown, WV | $212,648,584 | $571,153,959 |
Owensboro Health Regional Hospital Owensboro, KY | $1,685,340,581 | $709,904,993 |
Adena Health System Chillicothe, OH | $876,980,484 | $590,625,475 |
Indiana University Health Arnett Inc Indianapolis, IN | $319,820,511 | $504,048,288 |