Firelands Regional Medical Center
- Assets
- $491.6m
- Revenue
- $282.8m
- Investments
- $5.2m
- Employees
- 2,337
- Location
- Sandusky, OH
- Founding
- 12/1936
- Data as of
- 12/2022
- EIN
- 34-4428218
Organization Overview
Firelands Regional Medical Center is located in Sandusky, OH. The organization was established in 1936. 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 12/2022, Firelands Regional Medical Center employed 2,337 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Firelands Regional 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 12/2022, Firelands Regional Medical Center generated $282.8m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $286.0m during the year ending 12/2022. While expenses have increased by 2.7% per year over the past 8 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, Firelands Regional Medical Center has awarded 39 individual grants totaling $3,310,574. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO BE THE HEALTHCARE PROVIDER OF CHOICE FOR PHYSICIANS, THEIR PATIENTS, OUR VOLUNTEERS AND EMPLOYEES AS WE STRIVE TOGETHER TO IMPROVE THE HEALTH AND WELL BEING OF THOSE WE SERVE.
Describe the Organization's Program Activity:
FIRELANDS REGIONAL MEDICAL CENTER IS A 287-BED FACILITY SERVING THE GREATER ERIE COUNTY REGION WITH HIGH-QUALITY HEALTHCARE SERVICES DESIGNED TO HELP THE PEOPLE IN OUR COMMUNITIES LIVE HEALTHIER, HAPPIER LIVES. AS A NON-PROFIT ORGANIZATION, FIRELANDS IS COMMITTED TO ITS MISSION TO: "PROVIDE EXCELLENT HEALTHCARE, PROMOTE COMMUNITY WELLNESS, AND IMPROVE THE LIVES WE SERVE." FIRELANDS IS DEDICATED TO PROVIDING CARE TO ALL THOSE IN THE COMMUNITY REGARDLESS OF ABILITY TO PAY.FIRELANDS REGIONAL MEDICAL CENTER IS A RESULT OF COMBINING THREE ORIGINAL HOSPITALS: GOOD SAMARITAN HOSPITAL AND MEMORIAL HOSPITAL IN 1985 AND THEN MERGING WITH PROVIDENCE HOSPITAL IN 2001. FIRELANDS REGIONAL MEDICAL CENTER TODAY CARRIES ON THE PROUD TRADITION OF DELIVERING A FULL-RANGE OF ALLOPATHIC AND OSTEOPATHIC MEDICAL SERVICES TO NEARLY 300,000 RESIDENTS IN A FIVE-COUNTY AREA. AS THE LARGEST YEAR-ROUND EMPLOYER IN ERIE COUNTY, FIRELANDS REGIONAL MEDICAL CENTER PLAYS AN IMPORTANT ROLE IN THE LOCAL COMMUNITY. WITH OVER 2,000 INDIVIDUALS EMPLOYED IN THE HEALTH SYSTEM IN 2022, $1.94 MILLION WAS PAID IN CITY AND SCHOOL PAYROLL TAXES IN 2022, AND $15.6 MILLION OF GOODS AND SERVICES WERE PURCHASED FROM BUSINESSES IN FIRELANDS' SERVICE AREA.IN TERMS OF HEALTHCARE SERVICES PROVIDED IN 2022, INPATIENT CARE WAS GIVEN TO 7,608 INDIVIDUALS, AND THE HOSPITAL PROVIDED CARE THROUGH 235,190 OUTPATIENT VISITS. THERE WERE 42,261 PERSONS TREATED IN THE EMERGENCY ROOM AND URGENT CARE, PROVIDING MULTIPLE LEVELS OF EMERGENCY AND URGENT CARE SERVICES FOR MAJOR AND MINOR INJURIES AND ILLNESSES. FIRELANDS HAD 684 BIRTHS IN 2022.CONSISTENT WITH OUR COMMITMENT TO PROVIDE CARE TO ALL, REGARDLESS OF ABILITY TO PAY, FIRELANDS GAVE BACK TO THE COMMUNITY OVER $41.13 MILLION OF SERVICES IN FREE OR DISCOUNTED PROGRAMS OR SERVICES. ADDITIONAL CHARITY CARE WAS PROVIDED BY INDEPENDENT PHYSICIANS WHO ARE ON THE MEDICAL STAFF OF FIRELANDS. SPECIFICALLY, IN TERMS OF FREE OR DISCOUNTED CARE PROVIDED, FIRELANDS SERVED THE FOLLOWING NUMBER OF PERSONS WITHIN EACH CATEGORY, AMOUNTING TO SIGNIFICANT DOLLARS INVESTED IN THE COMMUNITY FOR WHICH FIRELANDS DID NOT RECEIVE COMPENSATION:PERSONS SERVED -- CATEGORY -- COST OF PROVIDING CARE34,327 -- COSTS OF SERVICES NOT OVERED BY MEDICAID -- $7,174,22713,501 -- COMMUNITY HEALTH IMPROVEMENT -- $294,434124 -- HEALTH PROFESSIONS EDUCATION -- $3,791,9387,894 -- FINANCIAL ASSISTANCE AT COST -- $1,190,3180 -- IN-KIND DONATIONS -- $24,376FIRELANDS' COMMUNITY OUTREACH DEPARTMENT IS DEDICATED TO PROVIDING SCREENINGS, COMMUNITY EDUCATION PROGRAMS AND PREVENTIVE SERVICES ALL DESIGNED TO IMPROVE THE HEALTH OF THE COMMUNITIES THEY SERVE. THESE SERVICES ARE PROVIDED AT FREE OR DISCOUNTED RATES. FIRELANDS ALSO WORKS IN CONJUNCTION WITH OTHER HEALTHCARE FACILITIES TO BRING SPECIALIZED PEDIATRIC CLINICS TO THE AREA, SUCH AS CARDIOLOGY, GASTROENTEROLOGY, NEUROLOGY, ORTHOPEDIC, AND PULMONARY.FIRELANDS HAS SEEN SIGNIFICANT GROWTH IN BRINGING ADVANCED PROCEDURES TO THE LOCAL COMMUNITY SO THAT PERSONS RESIDING IN THE FIVE-COUNTY AREA CAN STAY CLOSER TO HOME FOR ADVANCED CARE SUCH AS HEART SURGERY, SPINE SURGERY, VASCULAR SURGERY AND ADVANCED CARE IN MEDICAL ONCOLOGY AND RADIATION ONCOLOGY SERVICES. IN 2022, FIRELANDS WELCOMED SIX NEW PHYSICIANS SPECIALIZING IN THE AREAS OF CARDIOLOGY, FAMILY MEDICINE, GASTROENTEROLOGY, NEUROSURGERY, PHYSICAL MEDICINE, AND REHABILITATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas Williamson MD Director/physician | Trustee | 1 | $0 |
Karl Oberer DO Director/physician | Trustee | 1 | $0 |
Steven Benedict MD Director | Trustee | 1 | $45,508 |
Patrick Mcguinnmd Director | Trustee | 1 | $28,516 |
Fredric Itzkowitz DO Director | Trustee | 1 | $24,245 |
Bradley Mitchel Director | Trustee | 1 | $2,005 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Premier Anesthesia Anesthesia Services | 12/30/22 | $2,875,239 |
Bridge Homecare Partners Home Health | 12/30/22 | $1,360,000 |
H-five Consulting Llc Consulting Services | 12/30/22 | $1,305,756 |
Wadsworth Service Inc Construction Services | 12/30/22 | $1,125,194 |
University Hospitals Physician Staff | 12/30/22 | $930,017 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $46,862 |
| Related organizations | $43,164 |
| Government grants | $9,293,449 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,104,375 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,487,850 |
| Total Program Service Revenue | $242,389,392 |
| Investment income | $8,891,212 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,709,573 |
| Net Income from Fundraising Events | $180,466 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $282,812,007 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $19,365 |
| Grants and other assistance to domestic individuals. | $17,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $5,467,108 |
| Compensation of current officers, directors, key employees. | $2,075,408 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $100,018,200 |
| Pension plan accruals and contributions | $20,233,424 |
| Other employee benefits | $11,199,618 |
| Payroll taxes | $7,402,958 |
| Fees for services: Management | $2,671,103 |
| Fees for services: Legal | $397,856 |
| Fees for services: Accounting | $253,926 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,205,568 |
| Fees for services: Other | $29,556,588 |
| Advertising and promotion | $766,427 |
| Office expenses | $59,418,941 |
| Information technology | $6,435,382 |
| Royalties | $0 |
| Occupancy | $6,222,109 |
| Travel | $622,911 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $49,326 |
| Interest | $3,773,653 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $16,666,988 |
| Insurance | $2,271,542 |
| All other expenses | $3,144,047 |
| Total functional expenses | $285,971,337 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,624 |
| Savings and temporary cash investments | $26,256,766 |
| Pledges and grants receivable | $49,570 |
| Accounts receivable, net | $30,173,175 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $6,086,888 |
| Prepaid expenses and deferred charges | $13,305,561 |
| Net Land, buildings, and equipment | $165,353,110 |
| Investments—publicly traded securities | $243,317,352 |
| Investments—other securities | $5,236,258 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,860,287 |
| Total assets | $491,649,591 |
| Accounts payable and accrued expenses | $51,370,170 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $134,685,768 |
| 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 | $39,508,626 |
| Total liabilities | $225,564,564 |
| Net assets without donor restrictions | $250,643,253 |
| Net assets with donor restrictions | $15,441,774 |
| 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 | $491,649,591 |
Grants Awarded
Over the last fiscal year, Firelands Regional Medical Center has awarded $780,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
ERIE COUNTY ECONOMIC DEVELOPMENT PURPOSE: GENERAL SUPPORT | $70,000 |
GREATER SANDUSKY PARTNERSHIP PURPOSE: STRATEGIC ECONOMIC PLAN SANDUSKY REGION | $300,000 |
MARGARETTA HIGH SCHOOL ATHLETIC BOARD PURPOSE: GYMNASIUM AND FITNESS CENTER | $400,000 |
ERIE COUNTY COMMUNITY FOUNDATION PURPOSE: COMPASSION FUND | $10,000 |