Memorial Hospital, operating under the name Promedica Memorial Hospital, is located in Toledo, OH. The organization was established in 1937. 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 Memorial Hospital employed 441 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Promedica 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 12/2022, Promedica Memorial Hospital generated $86.3m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.7% each year. All expenses for the organization totaled $81.0m during the year ending 12/2022. While expenses have increased by 4.6% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
MEMORIAL HOSPITAL PROVIDES NEEDED MEDICAL CARE TO THE COMMUNITY AND SURROUNDING AREAS REGARDLESS OF THE PATIENT'S ABILITY TO PAY. SERVICES INCLUDE INPATIENT ROUTINE, INPATIENT ANCILLARY, AND OUTPATIENT CARE. OUR MISSION IS TO CONTINUALLY IMPROVE THE HEALTH AND QUALITY OF LIFE OF THE INDIVIDUALS AND FAMILIES IN THE COMMUNITIES WE SERVE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMORIAL HOSPITAL (D/B/A PROMEDICA MEMORIAL HOSPITAL) IS A MEMBER 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. A 100 BED HOSPITAL IN FREMONT, OHIO, PROMEDICA MEMORIAL HOSPITAL (MH) PROVIDES EXTENSIVE HEALTHCARE SERVICES SUCH AS EMERGENCY MEDICINE; SURGICAL SERVICES; OUTPATIENT PHYSICAL REHABILITATION; HEART, VASCULAR AND PULMONARY CARE; LABOR AND DELIVERY; MENTAL HEALTH SERVICES; A WOUND CARE CLINIC, AND A FULL RANGE OF LABORATORY AND RADIOLOGY SERVICES. THE DOROTHY L. KERN CANCER CENTER ON THE CAMPUS OF MH, EXPANDS CANCER CARE TO PATIENTS IN THE FREMONT, OHIO, AREA. THE CANCER CENTER OFFERS OUTPATIENT RADIATION, CHEMOTHERAPY, AND INFUSION SERVICES AS WELL AS COMPLEMENTARY SERVICES SUCH AS GENETIC TESTING AND COUNSELING, HEALING CARE, AND SURVIVORSHIP CARE PLANNING. MH ALSO IS A DESIGNATED LUNG CANCER SCREENING CENTER BY THE AMERICAN COLLEGE OF RADIOLOGY. MH IS ALSO DESIGNATED AS A NURSES IMPROVING CARE FOR HEALTHSYSTEM ELDERS (NICHE). THE NICHE PROGRAM IS DESIGNED TO HELP IMPROVE CARE FOR PATIENTS THAT ARE 65 YEARS AND OLDER THROUGH RESEARCH AND IMPLEMENTATION SPECIFIC INDUSTRY BEST PRACTICES. IN 2022, MH RECEIVED AN 'A' RATING FROM THE LEAPFROG GROUP FOR PROTECTING PATIENTS FROM ERRORS, INJURIES, ACCIDENTS AND INFECTIONS. MH ALSO WAS RECOGNIZED BY BECKER'S HOSPITAL REVIEW AS ONE OF ITS TOP 100 RURAL & COMMUNITY HOSPITALS, BY SATE, BASED ON INPATIENT AND OUTPATIENT MARKET SHARE AS WELL AS QUALITY OUTCOMES, PATIENT EXPERIENCE, COSTS AND FINANCIAL EFFICIENCY.IN 2022, MH SERVED 1,241 INPATIENTS AND 78,544 OUTPATIENTS. FURTHER, 19,322 INDIVIDUALS SOUGHT EMERGENCY CARE AT MH. THE HOSPITAL CONTRIBUTED $14,749,000 IN COMMUNITY BENEFIT THROUGH COMMUNITY BENEFIT EXPENDITURES, AND GOVERNMENT-SPONSORED, MEANS-TESTED HEALTH CARE.THROUGH COMMUNITY HEALTH SERVICES, COMMUNITY BENEFIT OPERATIONS, HEALTH PROFESSIONS EDUCATION, SUBSIDIZED HEALTH SERVICES, RESEARCH, AND CASH AND IN-KIND CONTRIBUTIONS, MH CONTRIBUTED $496,000 TO THE COMMUNITY DURING 2022. INCLUDED IN THIS FIGURE ARE PROGRAMS AND EVENTS SUCH AS: USE APPROVED AND FUNDED RESOURCES FROM SUSAN G. KOMEN TO PROVIDE BREAST EXAMS AND MAMMOGRAMS. PROVIDING CARE PACKAGES AND HOMEMADE COOKIES FROM NUTRITION SERVICES TO PATIENTS RECEIVING CARE THROUGH HOSPICE, HOME HEALTH, DIALYSIS, MOBILE MEALS, THE CANCER CENTER, AND PAIN CLINIC AS WELL AS SEVERAL SENIOR HOUSING COMMUNITIES. MH PROVIDED A SIGNIFICANT AMOUNT OF FINANCIAL ASSISTANCE DURING 2022, OF WHICH $2,516,000 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 DO NOT PAY THEIR BILLS. MH COST OF BAD DEBT FOR 2022 WAS $4,075,000. THIS AMOUNT IS NOT INCLUDED IN THE COMMUNITY BENEFIT AMOUNT OF $14,749,000 NOTED ABOVE.FURTHERMORE, MH PROVIDED $3,542,000 OF COMMUNITY BENEFIT THROUGH COSTS - NOT REIMBURSED BY THE GOVERNMENT - FOR TREATING MEDICAID PATIENTS. MH EXPENDED $19,525,000 IN NET PAYROLL, PROVIDING 441 JOBS IN NORTHWEST OHIO IN 2022. A TOTAL OF $1,240,000 WAS WITHHELD FROM HOSPITAL EMPLOYEES IN STATE AND LOCAL TAXES.IN SUMMARY, MH DEMONSTRATES PROMEDICA'S MISSION AND CORE VALUES BY PROVIDING HIGH-QUALITY HEALTH CARE TO ALL PATIENTS, REGARDLESS OF THEIR RACE, CREED, SEX, NATIONAL ORIGIN, DISABILITY, OR AGE. AND, WE RECOGNIZE THAT NOT ALL INDIVIDUALS POSSESS THE ABILITY TO PURCHASE ESSENTIAL MEDICAL CARE. THEREFORE, WE PROVIDE THESE HEALTHCARE SERVICES; RECRUIT AND TRAIN HEALTHCARE PROFESSIONALS TO SERVE THE BROADER COMMUNITY; PROVIDE APPROPRIATE FINANCIAL ASSISTANCE; OFFER SERVICES AND CONTRIBUTIONS TO OTHER NONPROFIT ORGANIZATIONS THAT ALLOW THEM TO PROVIDE KEY SERVICES TO THEIR CONSTITUENTS; AND PRESENT FREE EDUCATIONAL CLASSES, HEALTH FAIRS AND OTHER ACTIVITIES TO OUR LOCAL COMMUNITY TO HELP ENSURE ALL MEMBERS HAVE EQUAL ACCESS TO CARE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jodi Rucker Trustee - Pres. Memorial | Trustee | 15 | $0 |
Barry F Luse Chairman | OfficerTrustee | 1 | $0 |
Kenneth A Myers Chairman - Part Year | OfficerTrustee | 1 | $0 |
Amy J Anway Trustee | Trustee | 1 | $0 |
Iracema Arevalo MD Trustee | Trustee | 1 | $0 |
Kristie A Bilger Trustee | Trustee | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Community Hlth Sv Fremont Physician Services | 12/30/20 | $539,096 |
Emergency Physicians Of Northwest Ohio I Physician Services | 12/30/20 | $775,000 |
Toledo Pain Services Physician Services | 12/30/20 | $481,294 |
Spieker Co Construction Contractor | 12/30/20 | $443,250 |
Omni Health Services Ltd Physician Services | 12/30/20 | $437,500 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $250,041 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $250,041 |
Total Program Service Revenue | $84,623,533 |
Investment income | -$9,450 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $70,551 |
Net Gain/Loss on Asset Sales | -$51,035 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $86,272,614 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $18,985,234 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $3,183,902 |
Payroll taxes | $1,408,185 |
Fees for services: Management | $0 |
Fees for services: Legal | $61,152 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $6,640 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $12,674,204 |
Advertising and promotion | $58,450 |
Office expenses | $1,043,343 |
Information technology | $68,061 |
Royalties | $0 |
Occupancy | $2,802,181 |
Travel | $70,968 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $1,062,065 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $4,534,996 |
Insurance | $35,116 |
All other expenses | $2,982,733 |
Total functional expenses | $80,955,481 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $11,485,750 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $10,643,619 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $1,082,886 |
Prepaid expenses and deferred charges | $183,377 |
Net Land, buildings, and equipment | $33,015,680 |
Investments—publicly traded securities | $0 |
Investments—other securities | $232,836 |
Investments—program-related | $0 |
Intangible assets | $731,647 |
Other assets | $7,670,637 |
Total assets | $65,046,432 |
Accounts payable and accrued expenses | $6,077,304 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $61,888 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $29,747,860 |
Total liabilities | $35,887,052 |
Net assets without donor restrictions | $22,139,480 |
Net assets with donor restrictions | $7,019,900 |
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 | $65,046,432 |
Over the last fiscal year, Memorial Hospital has awarded $344,025 in support to 3 organizations.
Grant Recipient | Amount |
---|---|
PROMEDICA FOUNDATION PURPOSE: OPERATING GRANT | $317,429 |
SANDUSKY COUNTY ECONOMIC DEVELOPMENT CORPORATION PURPOSE: CHARITABLE DONATION | $10,000 |
WSOS COMMUNITY PURPOSE: CHARITABLE DONATION | $16,596 |