Toledo Hospital, operating under the name Promedica Toledo Hospital, is located in Toledo, OH. The organization was established in 1933. 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, Promedica Toledo Hospital employed 8,477 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Promedica Toledo 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 12/2022, Promedica Toledo Hospital generated $1.5b in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.8% each year. All expenses for the organization totaled $1.4b during the year ending 12/2022. While expenses have increased by 6.7% 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, Promedica Toledo Hospital has awarded 24 individual grants totaling $439,675,653. 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
THE TOLEDO HOSPITAL IS AN ACUTE CARE FACILITY AND THE ADULT TERTIARY FACILITY OF PROMEDICA HEALTH SYSTEM, INC. PROVIDING INPATIENT AND OUTPATIENT HEALTH SERVICES TO THE GENERAL PUBLIC OF NORTHWEST OHIO AND SOUTHEAST MICHIGAN.
Describe the Organization's Program Activity:
THE TOLEDO HOSPITAL (D/B/A PROMEDICA TOLEDO HOSPITAL) IS THE ADULT TERTIARY HOSPITAL OF PROMEDICA HEALTH SYSTEM, INC. (PROMEDICA), A MISSION-BASED, LOCALLY OWNED, NONPROFIT HEALTHCARE ORGANIZATION HIGHLY FOCUSED ON ACHIEVING CORE VALUES. HEADQUARTERED IN TOLEDO, OHIO, PROMEDICA SERVES 28 STATES ACROSS THE COUNTRY AND IS ONE OF THE NATION'S LEADING HEALTH SYSTEMS. OUR STEWARDSHIP OF RESOURCES HAS ENABLED US TO WISELY INVEST IN PATIENT-CENTERED CARE, ADVANCED TECHNOLOGY, INNOVATIVE PROGRAMS, AND FAMILY-ORIENTED FACILITIES THAT HELP TO ENSURE PATIENTS AND AREA RESIDENTS HAVE EQUAL ACCESS TO HIGH-QUALITY, SAFE CARE IN THE MOST APPROPRIATE SETTING, REGARDLESS OF PATIENTS' ABILITY TO PAY. FOR MORE THAN 130 YEARS, PROMEDICA TOLEDO HOSPITAL (TH) HAS SERVED METROPOLITAN TOLEDO AND SURROUNDING COMMUNITIES WITH STATE-OF-THE-ART EMERGENCY, MEDICAL, DIAGNOSTIC, AND SURGICAL SERVICES. THE 794-BED HOSPITAL OFFERS ACCESS TO THE AREA'S LARGEST BOARD-CERTIFIED MEDICAL STAFF, WITH MORE THAN 1,000 PRIMARY CARE AND SPECIALTY PHYSICIANS AS WELL AS ADVANCE PRACTICE PROVIDERS, OFFERING THE LARGEST BOARD-CERTIFIED MEDICAL STAFF IN THE AREA. ADDITIONALLY, TH OFFERS A NUMBER OF KEY SERVICES TO THE METRO-TOLEDO AREA, SUCH AS THE CENTER FOR WOMEN'S HEALTH, WHICH INCLUDES MATERNAL-FETAL MEDICINE FOR HIGH-RISK PREGNANCIES AND A LEVEL III PERINATAL UNIT; JOBST VASCULAR INSTITUTE; PROMEDICA BREAST CARE; AND A LEVEL I TRAUMA CENTER. OTHER PROGRAMS AND SERVICES INCLUDE WELL-ESTABLISHED NEUROSCIENCES, CARDIOVASCULAR AND ORTHOPAEDIC DEPARTMENTS, A NATIONALLY RECOGNIZED BARIATRIC PROGRAM, A CERTIFIED COMPREHENSIVE STROKE CENTER, AND AN EMERGENCY CENTER THAT TREATS MORE THAN 100,000 PATIENTS ANNUALLY. ALL SERVICES ARE FULLY BACKED BY ACCREDITED ANCILLARY SERVICES, SUCH AS LABORATORY, RADIOLOGY, AS WELL AS PHYSICAL, SPEECH, AND OCCUPATIONAL THERAPIES.THE PROMEDICA RUSSELL J. EBEID CHILDREN'S HOSPITAL (ECH) OPERATES AS PART OF TH, PROVIDING PEDIATRIC TERTIARY CARE. ECH EXCLUSIVELY SERVES THE HEALTHCARE NEEDS OF CHILDREN AND ADOLESCENTS UNDER THE AGE OF 18. ECH'S MEDICAL STAFF INCLUDES BOARD-CERTIFIED PHYSICIANS AND ADVANCE PRACTICE PROVIDERS, WHILE A NEWBORN INTENSIVE CARE UNIT INCLUDES A NEONATAL PHYSICIAN AND PEDIATRIC HOSPITALIST WHO ARE ON DUTY 24 HOURS A DAY. OTHER ECH SPECIALTY SERVICES INCLUDE A PEDIATRIC CANCER CENTER, ASTHMA TREATMENT AND EDUCATION SERVICES, PEDIATRIC PSYCHIATRY, AND A DEDICATED LEVEL II PEDIATRIC TRAUMA CENTER. PROMEDICA TOLEDO HOSPITAL WAS RATED THE NUMBER 1 HOSPITAL IN THE METRO TOLEDO AREA BY U.S. NEWS AND WORLD REPORT AND WAS RECOGNIZED BY BECKER'S HOSPITAL REVIEW AS ONE OF THE "100 GREATEST HOSPITALS IN AMERICA" FOR 2022. THEY ACHIEVED THE TOP 50 HOSPITAL RECOGNITION AS WELL.PROMEDICA TOLEDO HOSPITAL CONTINUED TO OPERATE ITS FREESTANDING EMERGENCY DEPARTMENT AND URGENT CARE CLINIC IN MAUMEE, OHIO TO MEET THE NEEDS OF THAT COMMUNITY'S RESIDENTS. THE FACILITY IS THE FIRST FREESTANDING, COMBINED ER AND URGENT CARE IN LUCAS COUNTY. THE FACILITY IS EQUIPPED TO HANDLE ALL LEVELS OF URGENT AND EMERGENCY CARE, AND PATIENTS ONLY WILL BE BILLED FOR THE LEVEL OF CARE THEY NEED.PROMEDICA FLOWER HOSPITAL (FH), A DIVISION OF TH, IS A 315-BED FACILITY IN SYLVANIA, OHIO, WHICH PROVIDES EXTENSIVE HEALTHCARE SERVICES INCLUDING EMERGENCY MEDICINE, INPATIENT REHABILITATION, SURGICAL SERVICES, CARDIAC AND PULMONARY REHABILITATION, LABOR AND DELIVERY, INPATIENT ONCOLOGY CARE, OUTPATIENT ONCOLOGY SERVICES THROUGH THE HICKMAN CANCER CENTER, AND A FULL RANGE OF DIAGNOSTIC, LABORATORY AND RADIOLOGY SERVICES. FH ALSO HOUSES THE LARGEST ADULT INPATIENT PSYCHIATRIC UNIT IN NORTHWEST OHIO AND SOUTHEAST MICHIGAN. IN 2022, FH CONTINUES TO BE A DESIGNATED STEMI CENTER BY THE OHIO DEPARTMENT OF HEALTH. LOCAL EMS CAN TAKE PATIENTS IN NEED OF EMERGENCY HEART CARE DIRECTLY TO FH INSTEAD OF TO ANOTHER LOCATION. A NEW CARDIAC CATH LAB AND SEVERAL MONTHS OF PLANNING, PREPARATION AND TRAINING HELPED BRING THIS CARE TO FH PATIENTS AND THE COMMUNITY. FH ALSO IS A DESIGNATED GET WITH THE GUIDELINES STROKE GOLD PLUS HOSPITAL IN RECOGNITION OF ITS COMMITMENT TO ENSURING STROKE PATIENTS RECEIVE THE MOST APPROPRIATE TREATMENT ACCORDING TO NATIONALLY RECOGNIZED BEST PRACTICES.PROMEDICA WILDWOOD ORTHOPAEDIC AND SPINE HOSPITAL (WOSH), ALSO A DIVISION OF TH, IS AN ALL-DIGITAL, 42-BED ACUTE CARE FACILITY THAT PROVIDES INPATIENT AND OUTPATIENT ORTHOPAEDIC SURGERY TO ADDRESS THE NEEDS OF AGING BABY BOOMERS AND OTHERS WHO EXPERIENCE CHRONIC PAIN FROM JOINT DISEASE. THIS UNIQUE, FREE-STANDING HOSPITAL SERVES ONLY ORTHOPAEDIC AND SPINE PATIENTS, OFFERING DIAGNOSTIC, SURGICAL AND REHABILITATION SERVICES ALL IN ONE CONVENIENT AND EASILY ACCESSIBLE LOCATION. IN 2022, TH SERVED 36,790 INPATIENTS; 632,632 OUTPATIENTS; AND 122,491 EMERGENCY CENTER PATIENTS. TH CONTRIBUTED $314,879,000 IN COMMUNITY BENEFIT THROUGH COMMUNITY BENEFIT EXPENDITURES, FINANCIAL ASSISTANCE AND GOVERNMENT-SPONSORED, MEANS-TESTED HEALTH CARE.THROUGH COMMUNITY HEALTH SERVICES, HEALTH PROFESSIONS EDUCATION, SUBSIDIZED HEALTH SERVICES, RESEARCH ACTIVITIES, CASH AND IN-KIND CONTRIBUTIONS, AND OTHER COMMUNITY BENEFIT OPERATIONS, TH CONTRIBUTED $1,705,000 TO THE COMMUNITY DURING 2022. INCLUDED IN THIS FIGURE ARE PROGRAMS SUCH AS: THE COME TO THE TABLE INITIATIVE THAT PROVIDES 24 HOURS' WORTH OF FOOD TO PATIENTS WHO QUALIFY FOR FOOD INSECURITY BY COMPLETING A QUESTIONNAIRE UPON DISCHARGE FOLLOWING AN INPATIENT STAY. THE AUTISM COLLABORATIVE A COLLABORATION BETWEEN ECH AND LOCAL AUTISM ORGANIZATIONS AND UNIVERSITIES TO PROVIDE EXPERT KNOWLEDGE AND SERVICES UNDER ONE UMBRELLA ORGANIZATION, ALLOWING THOSE WITH AUTISM AND THEIR FAMILIES TO RESEARCH AND FIND THE BEST POSSIBLE CARE. SUPPORT GROUPS FOR PATIENTS' FAMILIES TO ASSIST WITH MANAGING CHRONIC DISEASE AND TO OFFER SOCIAL SERVICES INFORMATION. WITH THE GOAL OF IMPROVING INFANT MORTALITY RATES IN OUR REGION, A NURSING MOTHERS SUPPORT GROUP IS OFFERED AT NO CHARGE THROUGHOUT THE YEAR. THE TEEN PEP (PEERS EDUCATING PEERS) PROGRAM EXTENDS CARE AND EDUCATION OUTSIDE THE HOSPITAL, IN MORE NONTRADITIONAL WAYS, BY ENCOURAGING TEENS TO TALK WITH THEIR PEERS ABOUT IMPORTANT TOPICS SUCH AS TEEN RELATIONSHIPS, BULLYING, MENTAL HEALTH, AND PHYSICAL AND EMOTIONAL ABUSE. VIRTUAL PREPARATION FOR PARENTHOOD CLASSES THAT HELP PREPARE EXPECTANT PARENTS FOR A HEALTHY LABOR AND DELIVERY, AND OFFER INFANT SAFETY TIPS, AS WELL AS NEW MOTHER CARE AND HEALTHY BABY EDUCATION.FREE SCREENING MAMMOGRAMS AND BREAST CARE EDUCATION THAT EMPHASIZES THE IMPORTANCE OF ROUTINE SELF-BREAST EXAMS FOR UNINSURED AND UNDERINSURED WOMEN IN THE TOLEDO AREA. IN-KIND DONATIONS AND GENERAL CONTRIBUTIONS, WHICH SUPPORT LOCAL NON-PROFIT ORGANIZATIONS WITH SIMILAR VALUES.TH ALSO PROVIDED A SIGNIFICANT AMOUNT OF FINANCIAL ASSISTANCE TO THE COMMUNITY DURING 2022, OF WHICH $37,097,000 REPRESENTED UNCOMPENSATED AMOUNTS FOR TREATMENT TO THOSE PATIENTS WHO DID NOT HAVE THE FINANCIAL RESOURCES TO PAY FOR HOSPITAL SERVICES. FINANCIAL ASSISTANCE REPRESENTS THE COST TO PROVIDE SERVICE AND DOES NOT INCLUDE THE COSTS FOR ACCOUNTS WRITTEN OFF TO BAD DEBT FOR PATIENTS WHO DID NOT PAY THEIR BILLS. TH'S COST OF BAD DEBT FOR 2022 WAS $50,271,000. THIS AMOUNT IS NOT INCLUDED IN THE COMMUNITY BENEFIT TOTAL OF $314,879,000 INDICATED ABOVE.FURTHER, TH PROVIDED $87,866,000 OF COMMUNITY BENEFIT THROUGH COSTS - NOT REIMBURSED BY THE GOVERNMENT - FOR TREATING MEDICAID PATIENTS. ALSO, IN 2022, THE TOTAL COSTS - NOT REIMBURSED BY THE GOVERNMENT- FOR TREATING MEDICARE PATIENTS WAS $7,780,000 AND IS NOT INCLUDED IN THE COMMUNITY BENEFIT AMOUNT OF $314,879,000 NOTED ABOVE. DURING 2022 TH EXPENDED $374,541,000 IN NET PAYROLL, PROVIDING 8,477 JOBS IN NORTHWEST OHIO. A TOTAL OF $24,863,000 WAS WITHHELD FROM HOSPITAL EMPLOYEES IN STATE AND LOCAL TAXES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Arturo Polizzi President And CEO | OfficerTrustee | 1 | $0 |
Thomas George Padanilam MD Trustee | Trustee | 1 | $0 |
Matthew Kang Ex-Officio - Part Year | Trustee | 1 | $0 |
Aaron A Buerk MD Trustee | Trustee | 1 | $0 |
Brian Dolsey Trustee | Trustee | 1 | $0 |
Dawn M Buskey President Toledo Hos. | Trustee | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
University Of Toledo Education | 12/30/20 | $14,363,605 |
Amn Healthcare Inc Staffing Agency | 12/30/20 | $10,775,376 |
Metro Aviation Inc Aviation Service | 12/30/20 | $5,568,621 |
Lathrop Company Inc Construction General | 12/30/20 | $4,228,849 |
Mayo Clinic Lab Testing | 12/30/20 | $3,790,484 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $4,314,793 |
Government grants | $1,309,840 |
All other contributions, gifts, grants, and similar amounts not included above | $2,691,047 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $8,315,680 |
Total Program Service Revenue | $1,400,045,499 |
Investment income | $13,715,561 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $2,853,311 |
Net Gain/Loss on Asset Sales | $41,133,184 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,475,777,502 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $20,716 |
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 | $385,318,918 |
Pension plan accruals and contributions | $2,351,264 |
Other employee benefits | $51,817,751 |
Payroll taxes | $29,175,318 |
Fees for services: Management | $8,175,399 |
Fees for services: Legal | $750,756 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $32,943 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $8,380 |
Fees for services: Other | $212,919,771 |
Advertising and promotion | $342,989 |
Office expenses | $8,219,553 |
Information technology | $643,895 |
Royalties | $0 |
Occupancy | $14,994,772 |
Travel | $3,795,519 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $31,918,213 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $76,557,515 |
Insurance | $354,498 |
All other expenses | $54,809,395 |
Total functional expenses | $1,427,482,467 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $55,953,437 |
Savings and temporary cash investments | $6,490,453 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $163,532,864 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $19,516,918 |
Prepaid expenses and deferred charges | $2,555,049 |
Net Land, buildings, and equipment | $796,885,126 |
Investments—publicly traded securities | $97,217,798 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $40,880,700 |
Other assets | $375,771,242 |
Total assets | $1,558,803,587 |
Accounts payable and accrued expenses | $145,668,606 |
Grants payable | $0 |
Deferred revenue | $873,100 |
Tax-exempt bond liabilities | $613,352,217 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $1,442,956,929 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $139,031,406 |
Total liabilities | $2,341,882,258 |
Net assets without donor restrictions | -$1,090,747,342 |
Net assets with donor restrictions | $307,668,671 |
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 | $1,558,803,587 |
Over the last fiscal year, Toledo Hospital has awarded $774,334 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
PROMEDICA FOUNDATION PURPOSE: OPERATING GRANT | $761,972 |
NW OHIO MILITARY FRIENDS PURPOSE: DONATION | $12,362 |