Deaconess Hospital Inc
- Assets
- $1.9b
- Revenue
- $1.1b
- Investments
- $55.5m
- Employees
- 6,606
- Location
- Evansville, IN
- Founding
- 12/1938
- Data as of
- 09/2020
- EIN
- 35-0593390
Organization Overview
Deaconess Hospital Inc is located in Evansville, IN. The organization was established in 1938. 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 09/2021, Deaconess Hospital Inc employed 6,606 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Deaconess Hospital Inc 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 09/2020, Deaconess Hospital Inc generated $1.1b in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.1% each year. All expenses for the organization totaled $949.1m during the year ending 09/2020. While expenses have increased by 6.2% per year over the past 6 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 2015, Deaconess Hospital Inc has awarded 186 individual grants totaling $6,679,098. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE QUALITY HEALTH CARE SERVICES WITH A COMPASSIONATE AND CARING SPIRIT CONTINUE TO SCH O TO PERSONS, FAMILIES AND COMMUNITIES OF THE TRI-STATE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PATIENT SERVICE REVENUE. SEE SCHEDULE O.
CHARITY CARE/SUBSIDIZED CARE. SEE SCHEDULE O.
GRADUATE MEDICAL EDUCATION, MEDICAL EDUCATION AND COMMUNITY BENEFIT. SEE SCHEDULE O.
ALL OTHER ACCOMPLISHMENTS:OTHER PROGRAM SERVICE REVENUE CONSISTS OF DEACONESS HOSPITAL'S INCOME FROM THE INVESTMENT IN JOINT VENTURES. OTHER PROGRAM SERVICE EXPENSES CONSISTED OF COMMUNITY BENEFIT GRANTS/ASSISTANCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shawn Mccoy CEO Of Deaconess Health System | OfficerTrustee | 33 | $1,287,715 |
James Porter MD President Of Deaconess Health System | Officer | 50 | $1,122,932 |
Raghav Gupta MD Anesthesiologist | 50 | $1,087,862 | |
Venkatesh Madadi MD Anesthesiologist | 50 | $983,093 | |
Paul Mick MD Anesthesiologist | 50 | $967,734 | |
Rajesh Patel MD Anesthesiologist | 50 | $761,478 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Evansville Surgery Center Surgical Services | 9/29/21 | $29,915,061 |
Orthoalign Llc Medical Services | 9/29/21 | $14,347,979 |
Tri State Radiation Oncology Radiation & Oncology Services | 9/29/21 | $15,615,460 |
Evolent Health Llc Consulting Services | 9/29/21 | $9,061,891 |
Progressivehealth Of Indiana Physical Therapy | 9/29/21 | $16,516,316 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $18,259,180 |
| Investment income | $17,049,558 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $4,848,288 |
| Net Gain/Loss on Asset Sales | $12,671,628 |
| Net Income from Fundraising Events | $41,292 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,102,144,618 |
| Statement of Expenses | |
|---|---|
| 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. | $6,768,183 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $300,805,174 |
| Pension plan accruals and contributions | $12,087,318 |
| Other employee benefits | $54,177,643 |
| Payroll taxes | $20,495,617 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,186,723 |
| Fees for services: Accounting | $107,335 |
| Fees for services: Lobbying | $30,228 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,593,900 |
| Fees for services: Other | $139,439,670 |
| Advertising and promotion | $1,093,446 |
| Office expenses | $10,351,043 |
| Information technology | $23,626,150 |
| Royalties | $0 |
| Occupancy | $14,809,643 |
| Travel | $135,421 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $996,774 |
| Interest | $11,394,873 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $52,004,349 |
| Insurance | $4,874,468 |
| All other expenses | $0 |
| Total functional expenses | $949,071,478 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $222,180,059 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $144,630,180 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $1,785,214 |
| Inventories for sale or use | $8,511,488 |
| Prepaid expenses and deferred charges | $14,069,480 |
| Investments—publicly traded securities | $844,580,684 |
| Investments—other securities | $55,478,236 |
| Investments—program-related | $0 |
| Intangible assets | $48,206,614 |
| Other assets | $87,917,879 |
| Total assets | $1,921,220,397 |
| Accounts payable and accrued expenses | $100,455,955 |
| Grants payable | $0 |
| Deferred revenue | $1,600,383 |
| Tax-exempt bond liabilities | $288,892,997 |
| 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 | $313,040,576 |
| Total liabilities | $703,989,911 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $1,217,230,486 |
Grants Awarded
Over the last fiscal year, Deaconess Hospital Inc has awarded $1,638,142 in support to 28 organizations.
| Grant Recipient | Amount |
|---|---|
CITY OF EVANSVILLE PARKS SPECIAL DISTRICT PURPOSE: AQUATIC CENTER CAPITAL CAMPAIGN | $285,714 |
Bloomington, IN PURPOSE: IUSM-EVANSVILLE FURNITURE & FIXTURE FUND | $200,000 |
Evansville, IN PURPOSE: END HUNGER NOW CAMPAIGN | $200,000 |
OTHERS 5000 PURPOSE: GENERAL SUPPORT | $159,817 |
Evansville, IN PURPOSE: GENERAL SUPPORT | $100,000 |
Evansville, IN PURPOSE: GENERAL SUPPORT | $100,000 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that Deaconess Hospital Inc has recieved totaling $124,145.
| Awarding Organization | Amount |
|---|---|
James R Duncan Tr Uw Cincinnati, OH PURPOSE: ANNUAL FUND | $28,000 |
Community Foundation Alliance Inc Evansville, IN PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION. | $24,000 |
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: POVERTY | $20,000 |
Charities Aid Foundation America Alexandria, VA PURPOSE: CHARITABLE DONATION | $14,750 |
Indiana Breast Cancer Awareness Trust Inc Evansville, IN PURPOSE: FUNDING RELATED TO BREAST CANCER DIAGNOSIS AND TREATMENT | $13,999 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HEALTH | $11,000 |
Endowment Analysis
| Beg. Balance | $8,745,525 |
| Earnings | $1,041,502 |
| Net Contributions | $1,100 |
| Other Expense | $154,521 |
| Ending Balance | $9,633,606 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
St Lukes Hospital Of Kansas City Kansas City, MO | $1,771,100,748 | $1,070,641,998 |
Saint Thomas West Hospital St Louis, MO | $949,679,305 | $1,081,181,844 |
Mercy Hospital Springfield Springfield, MO | $547,925,906 | $1,115,699,805 |
Deaconess Hospital Inc Evansville, IN | $1,921,220,397 | $1,102,144,618 |
Ascension St John Hospital St Louis, MO | $469,518,860 | $965,978,781 |
Advocate North Side Health Network Downers Grove, IL | $946,824,836 | $901,672,521 |
The Carle Foundation Hospital Urbana, IL | $465,988,906 | $1,085,020,210 |
Ssm Healthcare Of Oklahoma Inc St Louis, MO | $640,999,933 | $906,998,301 |
Saint Joseph Health System Inc Lexington, KY | $961,743,109 | $864,115,504 |
Uofl Health-Louisville Inc Louisville, KY | $577,142,236 | $950,019,808 |
Ascension Providence Hospital St Louis, MO | $465,661,519 | $850,694,127 |
Truman Medical Center Incorporated Kansas City, MO | $489,587,316 | $736,606,337 |