Wayne Hospital Company
- Assets
- $184.0m
- Revenue
- $74.1m
- Investments
- $5.7m
- Employees
- 615
- Location
- Greenville, OH
- Founding
- 03/1943
- Data as of
- 12/2022
- EIN
- 34-4428598
Organization Overview
Wayne Hospital Company, operating under the name Wayne HealthCare, is located in Greenville, OH. The organization was established in 1943. 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, Wayne HealthCare employed 615 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wayne HealthCare 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, Wayne HealthCare generated $74.1m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $78.3m during the year ending 12/2022. While expenses have increased by 3.7% 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.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF WAYNE HOSPITAL COMPANY IS PROVIDING QUALITY CARE AND PROMOTING WELLNESS CLOSE TO HOME.
Describe the Organization's Program Activity:
AS A FULL-SERVICE PRIMARY CARE FACILITY, WAYNE HOSPITAL OFFERS PHYSICIANS AND THEIR PATIENTS ACCESS TO A VARIETY OF INPATIENT AND OUTPATIENT SERVICES INCLUDING: EMERGENCY, RADIOLOGY, MATERNITY/SPECIAL BEGINNINGS, SURGERY, SENIOR BEHAVIORAL HEALTH, HEART HEALTH, CANCER CARE, REHABILITATION SERVICES, LABORATORY, CHRONIC DIALYSIS CENTER, AMBULATORY CARE, OUTPATIENT REHABILITATION, DIABETES EDUCATION PROGRAM, SLEEP CARE SERVICES, AND ENTEROSTOMAL THERAPY. THE HOSPITAL HAD APPROXIMATELY 1,423 ADMISSIONS AND 71,772 OUTPATIENT VISITS IN 2022. THE HOSPITAL PROVIDES CARE TO PATIENTS WHO MEET CERTAIN CRITERIA UNDER ITS FINANCIAL ASSISTANCE POLICY AT NO CHARGE OR AT AMOUNTS LESS THAN ITS ESTABLISHED RATES. IN ADDITION TO THE FINANCIAL ASSISTANCE PROVIDED, WAYNE HOSPITAL ALSO IS PROACTIVE IN SUPPORTING COMMUNITY WELLNESS THROUGH HEALTH SCREENINGS, EDUCATION, AND HEALTH MANAGEMENT.
WAYNE HOSPITAL HAS MANY ADDITIONAL PROGRAMS. ADDITIONAL PROGRAMS INCLUDE THE COUNTY AND CORPORATE HEALTH FAIRS IN WHICH EMPLOYEES FROM THE HOSPITAL PROVIDED 616 HOURS OF TIME TO HELP WITH HEALTH SCREENINGS AND PROVIDE EDUCATIONAL INFORMATION TO THE COMMUNITY. IN ADDITION TO THE COUNTY AND CORPORATE HEALTH FAIRS, WAYNE HOSPITAL TYPICALLY CONTRIBUTES HOURS TO THE YOUTH HEALTH FAIR, WHICH IS A HEALTH FAIR GEARED TO ALL THE FIFTH GRADERS IN DARKE COUNTY. 0 STUDENTS WERE IN ATTENDANCE FOR 2022, AS IT WAS NOT HELD. (CONTINUED ON SCHEDULE O)
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Sec/treasurer (part Year)/vice Chair | OfficerTrustee | 1 | $0 |
Name Not Listed Board Member/sec/treasurer | OfficerTrustee | 1 | $0 |
Name Not Listed Vice Chair (part Year)/chair | OfficerTrustee | 1 | $0 |
Name Not Listed Past Chair (part Year)/board Member | OfficerTrustee | 1 | $0 |
Name Not Listed Surgeon | Trustee | 40 | $461,745 |
Name Not Listed Board Member (part Year) | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Medical Solutions Llc Agency Staffing | 12/30/22 | $4,695,141 |
Kettering Anesthesia Assoc Anesthesia Services | 12/30/22 | $2,126,944 |
Horizon Health Senior Behavioral Health Services | 12/30/22 | $1,799,756 |
Hospital Care Group Pc Hospitalists | 12/30/22 | $1,214,913 |
Laboratory Corp Of America Lab Management | 12/30/22 | $1,504,048 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $16,173 |
| Government grants | $582,051 |
| All other contributions, gifts, grants, and similar amounts not included above | $10,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $608,224 |
| Total Program Service Revenue | $62,212,060 |
| Investment income | $3,043,163 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $137,412 |
| Net Gain/Loss on Asset Sales | $7,442,664 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $74,062,077 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $45,750 |
| 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. | $994,927 |
| Compensation of current officers, directors, key employees. | $994,927 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $22,696,886 |
| Pension plan accruals and contributions | $730,053 |
| Other employee benefits | $8,499,997 |
| Payroll taxes | $1,888,742 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $95,796 |
| Fees for services: Accounting | $54,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $284,004 |
| Fees for services: Other | $17,048,896 |
| Advertising and promotion | $400,492 |
| Office expenses | $92,525 |
| Information technology | $1,016,526 |
| Royalties | $0 |
| Occupancy | $1,681,611 |
| Travel | $57,421 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $102,843 |
| Interest | $2,378,897 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $8,683,880 |
| Insurance | $536,012 |
| All other expenses | $322,816 |
| Total functional expenses | $78,345,098 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,283,657 |
| Savings and temporary cash investments | $19,113,101 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $7,724,845 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,774,975 |
| Prepaid expenses and deferred charges | $1,404,799 |
| Net Land, buildings, and equipment | $83,803,537 |
| Investments—publicly traded securities | $60,097,259 |
| Investments—other securities | $5,687,885 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,112,556 |
| Total assets | $184,002,614 |
| Accounts payable and accrued expenses | $7,853,277 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $47,715,704 |
| 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 | $76,868 |
| Other liabilities | $440,846 |
| Total liabilities | $56,086,695 |
| Net assets without donor restrictions | $127,801,555 |
| Net assets with donor restrictions | $114,364 |
| 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 | $184,002,614 |
Grants Awarded
Over the last fiscal year, Wayne Hospital Company has awarded $81,500 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
CITY OF GREENVILLE PURPOSE: PROGRAM SUPPORT | $75,000 |
BRETHREN RETIREMENT COMMUNITY PURPOSE: GENERAL SUPPORT | $6,500 |