Shelby County Memorial Hospital Association Inc
- Assets
- $171.8m
- Revenue
- $130.0m
- Investments
- $5.9m
- Employees
- 977
- Location
- Sidney, OH
- Founding
- 06/1949
- Data as of
- 12/2021
- EIN
- 34-4427944
Organization Overview
Shelby County Memorial Hospital Association Inc, operating under the name Wilson Memorial Hospital, is located in Sidney, OH. The organization was established in 1949. 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, Wilson Memorial Hospital employed 977 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wilson Memorial 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 12/2021, Wilson Memorial Hospital generated $130.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.0% each year. All expenses for the organization totaled $115.1m during the year ending 12/2021. While expenses have increased by 2.8% 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
TO MAINTAIN A PATIENT-CENTERED ENVIRONMENT THAT ENCOURAGES AND SUPPORTS INNOVATION AND TEAMWORK IN ACHIEVING EXCELLENCE. TO MAXIMIZE CUSTOMER SATISFACTION BY MEETING THE HIGHEST STANDARDS OF VALUE, SERVICE, AND PERFORMANCE. TO PROVIDE COMMUNITY LEADERSHIP BY ASSURING ACCESS TO THE HIGHEST QUALITY, COMPREHENSIVE HEALTH CARE SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INPATIENT HEALTHCARE SERVICES - THERE WERE 3,018 ADMISSIONS TO THE HOSPITAL IN 2021, REPRESENTING 8,102 PATIENT DAYS OF CARE. THERE WERE 322 INPATIENT SURGERIES PERFORMED DURING 2021. OUTPATIENT HEALTHCARE SERVICES - THERE WERE 103,613 OUTPATIENT REGISTRATIONS RECORDED IN 2021.SAME DAY SURGERY - THERE WERE 3,559 OUTPATIENT SURGERIES PERFORMED AT THE HOSPITAL IN 2021. EMERGENCY SERVICES 18,106; HOME HEALTH VISITS 23,533; HOSPICE 6,545; OCCUPATIONAL HEALTH VISITS 15,061; WILSON HEALTH MEDICAL GROUP OFFICE VISITS 117,615 HEALTH CARE SERVICES RELATED TO IMPROVING THE HEALTH OF THE COMMUNITY FOR BOTH INPATIENT AND OUTPATIENT PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Magalnick Physician | 40 | $703,542 | |
Michael Vietti Physician | 40 | $664,643 | |
Mark Klosterman CEO | OfficerTrustee | 40 | $561,457 |
Robert Mcdevitt Trustee-Term Ended Spring'21 | Trustee | 40 | $517,690 |
Rosemary Mccarthy Physician | 40 | $503,618 | |
Andrew Mcdonald Physician | 40 | $492,042 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Cardiosolution Llc Cardiology Services | 12/30/21 | $2,093,648 |
Pt Services Rehabiliation Inc Physical And Occupational Therapy | 12/30/21 | $1,822,986 |
Fep Acute Medical Services | 12/30/21 | $981,015 |
Fep Of Ohio Medical Services | 12/30/21 | $772,803 |
Kettering Anesthesia Associates Inc Anesthesia | 12/30/21 | $1,282,604 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $234,994 |
| Government grants | $5,216,443 |
| All other contributions, gifts, grants, and similar amounts not included above | $6,881 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,458,318 |
| Total Program Service Revenue | $108,820,563 |
| Investment income | $4,034,885 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $561,116 |
| Net Gain/Loss on Asset Sales | $6,939,507 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $129,965,258 |
| 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. | $2,488,000 |
| Compensation of current officers, directors, key employees. | $387,980 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $44,041,341 |
| Pension plan accruals and contributions | $1,918,679 |
| Other employee benefits | $7,928,388 |
| Payroll taxes | $3,121,659 |
| Fees for services: Management | $90,000 |
| Fees for services: Legal | $295,804 |
| Fees for services: Accounting | $58,100 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $27,935,326 |
| Advertising and promotion | $500,580 |
| Office expenses | $1,219,695 |
| Information technology | $492,064 |
| Royalties | $0 |
| Occupancy | $1,671,330 |
| Travel | $129,905 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $355,739 |
| Interest | $141,998 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,935,904 |
| Insurance | $1,086,493 |
| All other expenses | $573,651 |
| Total functional expenses | $115,129,421 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,206,915 |
| Savings and temporary cash investments | $2,746,114 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $14,411,771 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,618,285 |
| Prepaid expenses and deferred charges | $1,962,967 |
| Net Land, buildings, and equipment | $46,286,689 |
| Investments—publicly traded securities | $73,297,533 |
| Investments—other securities | $5,921,279 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $19,367,711 |
| Total assets | $171,819,264 |
| Accounts payable and accrued expenses | $10,250,935 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $4,132,486 |
| 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 | $582,953 |
| Total liabilities | $14,966,374 |
| Net assets without donor restrictions | $140,694,014 |
| Net assets with donor restrictions | $16,158,876 |
| 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 | $171,819,264 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Shelby County Memorial Hospital Association Inc has recieved totaling $105,237.
| Awarding Organization | Amount |
|---|---|
The Research And Educational Foundation Of The Ohio Hospital Columbus, OH PURPOSE: COVID-19 preparedness and response activities | $96,237 |
Greater Dayton Area Health Information Network Dayton, OH PURPOSE: FOR HEALTH CARE PREPAREDNESS | $9,000 |
Endowment Analysis
| Beg. Balance | $273,646 |
| Earnings | $43,861 |
| Other Expense | $11,077 |
| Ending Balance | $306,430 |
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 |