Community Hospital Of Bremen Inc
- Assets
- $20.8m
- Revenue
- $28.0m
- Investments
- $0.0
- Employees
- 0
- Location
- Bremen, IN
- Founding
- 07/1949
- Data as of
- 12/2023
- EIN
- 35-0835006
Organization Overview
Community Hospital Of Bremen Inc is located in Bremen, IN. The organization was established in 1949. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community Hospital Of Bremen 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 12/2023, Community Hospital Of Bremen Inc generated $28.0m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.5% each year. All expenses for the organization totaled $28.0m during the year ending 12/2023. While expenses have increased by 4.8% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
WE DELIVER OUTSTANDING CARE, INSPIRE HEALTH AND CONNECT WITH HEART.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Director, Chair Begin 4/1/23 | OfficerTrustee | 2 | $225 |
Name Not Listed Director; Chair Thru 3/31/23 | OfficerTrustee | 2 | $225 |
Name Not Listed Vice Chair, Chief Med Officer | OfficerTrustee | 2 | $0 |
Name Not Listed Secretary/treasurer | OfficerTrustee | 2 | $225 |
Name Not Listed Director | Trustee | 2 | $225 |
Name Not Listed Director | Trustee | 2 | $225 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
South Bend Emergency Physicians Physician Services | 12/30/23 | $1,640,000 |
Uhs Hammond Llc Contract Services | 12/30/23 | $102,639 |
Midwest Hospitalists Llc Physician Services | 12/30/23 | $866,500 |
Jebs Anesthesia Consultants Llc Anesthesia Services | 12/30/23 | $420,973 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $50,000 |
| 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 | $50,000 |
| Total Program Service Revenue | $27,716,662 |
| Investment income | $50,400 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $27,301 |
| Net Gain/Loss on Asset Sales | $7,862 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $27,996,227 |
| 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 | $10,291,421 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,961,602 |
| Payroll taxes | $757,553 |
| Fees for services: Management | $34,000 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,568 |
| Fees for services: Lobbying | $290 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $25,607 |
| Fees for services: Other | $4,443,725 |
| Advertising and promotion | $3,649 |
| Office expenses | $679,101 |
| Information technology | $365 |
| Royalties | $0 |
| Occupancy | $428,681 |
| Travel | $2,296 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,255 |
| Interest | $137,314 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,042,865 |
| Insurance | $104,221 |
| All other expenses | $173,398 |
| Total functional expenses | $28,034,953 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,250 |
| Savings and temporary cash investments | $2,765,793 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,407,970 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $260,691 |
| Inventories for sale or use | $336,708 |
| Prepaid expenses and deferred charges | $50,726 |
| Net Land, buildings, and equipment | $10,326,817 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $1,759,124 |
| Other assets | $844,888 |
| Total assets | $20,753,967 |
| Accounts payable and accrued expenses | $1,381,290 |
| 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 | $8,901,857 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $307,080 |
| Total liabilities | $10,590,227 |
| Net assets without donor restrictions | $10,163,740 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $20,753,967 |