Jackson Park Hospital Foundation
- Assets
- $138.4m
- Revenue
- $104.5m
- Investments
- $913.0
- Employees
- 816
- Location
- Chicago, IL
- Founding
- 10/1962
- Data as of
- 03/2023
- EIN
- 36-2448028
Organization Overview
Jackson Park Hospital Foundation is located in Chicago, IL. The organization was established in 1962. 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 03/2023, Jackson Park Hospital Foundation employed 816 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jackson Park Hospital Foundation 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 03/2023, Jackson Park Hospital Foundation generated $104.5m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $98.4m during the year ending 03/2023. While expenses have increased by 2.5% 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
TO PROVIDE COMPASSIONATE CARE AND HIGH QUALITY HEALTHCARE SERVICES TO MEET THE NEEDS OF THE PATIENTS AND COMMUNITIES WE SERVE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INPATIENT MEDICAL CARE TO CHICAGO'S SOUTH SIDE COMMUNITIES REGARDLESS OF THE PATIENT'S ABILITY TO PAY INPATIENT SERVICES INCLUDING MEDICAL SURGICAL, ICU AND HOSPICE. IN 2022 THE HOSPITAL SERVED 2,313 ACUTE CARE ADMISSIONS WHICH AMOUNTED TO 13,118 PATIENT DAYS.
MEDICAL EDUCATION - OUR VISION IS TO PROMOTE COMPETENCE IN HEALTH CARE AND CUSTOMER SERVICE BY PROVIDING EDUCATION, DIRECTION, TRAINING AND LEADERSHIP TO OUR STAFF. JPH EDUCATION DEPARTMENT WORKS WITH SEVERAL MEDICAL AND NURSING COLLEGES AND UNIVERSITIES SERVING AS A CLINICAL SITE FOR MEDICAL STUDENTS, NURSING STUDENTS AND ALLIED HEALTH PROFESSIONALS WHO COMPLETE THEIR CLINICAL AFFILIATION AT JPH AS PART OF THEIR ACADEMIC TRAINING. WE ALSO PARTICIPATE IN COMMUNITY OUTREACH AND HEALTH SCREENING TO PROMOTE WELLNESS IN OUR COMMUNITY.
JACKSON PARK HOSPITAL FOUNDATION PROVIDES INPATIENT AND OUTPATIENT BEHAVIORAL MEDICINE SERVICES TO THE GREATER CHICAGOLAND AREA. JACKSON PARK HOSPITAL IS ONE OF THE FEW HOSPITALS IN CHICAGO THAT CONTINUES TO PROVIDE BEHAVIORAL MEDICINE TO ITS COMMUNITY. IN 2022 JACKSON PARK HOSPITAL SERVED 2,875 INPATIENT BEHAVIORAL MEDICINE PATIENTS WHICH AMOUNTED TO 14,470 PATIENT DAYS. JACKSON PARK HOSPITAL PROVIDES MULTIPLE LEVELS OF CARE TO MEET THE NEEDS OF AN ADULT INDIVIDUAL WITH EMOTIONAL AND BEHAVIORAL PROBLEMS. IN ADDITION TO 24 HOUR EMERGENCY PSYCHIATRIC AND INTAKE SERVICES, JACKSON PARK HOSPITAL OFFERS 86-BED INPATIENT PSYCHIATRIC SERVICES, PARTIAL HOSPITAL PROGRAM AND OUTPATIENT SERVICES. THE TREATMENT IS PROVIDED BY MULTIDISCIPLINARY STAFF INCLUDING PSYCHIATRIST, INTERNIST, PSYCHOLOGIST, PSYCHIATRIC NURSE, SOCIAL WORKER, CLINICAL THERAPIST, OCCUPATIONAL THERAPIST, AND NUTRITIONIST.
JACKSON PARK HOSPITAL PROVIDES BASIC EMERGENCY ROOM SERVICES TO ITS COMMUNITY 24 HOURS A DAY 7 DAYS A WEEK REGARDLESS OF THE PATIENTS' ABILITY TO PAY. IN 2022 THE HOSPITAL SERVED 16,228 EMERGENCY PATIENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James I Clark III Director | Trustee | 2 | $0 |
Dr William O Dorsey III Chairman/ceo | OfficerTrustee | 40 | $775,628 |
Dr Harshad Mehta Director/physician | Trustee | 40 | $206,056 |
Dr Lakshmi Dodda Director/physician | Trustee | 25 | $234,965 |
Dr Haroon Olomi Director/physician | Trustee | 4 | $5,903 |
Dr Zahidur Rahman Director/physician | Trustee | 4 | $76,853 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
White Cap Nursing Temporary Nurse Staffing | 3/30/23 | $4,984,149 |
Simple Laboratories Lab Services | 3/30/23 | $2,811,455 |
Dms Nursing Temporary Nurse Staffing | 3/30/23 | $2,247,898 |
Powers & Sons Construction Services | 3/30/23 | $2,154,500 |
Great Lakes Medical Group Emergency Room Doctors | 3/30/23 | $1,617,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $12,247,054 |
| All other contributions, gifts, grants, and similar amounts not included above | $50,200 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,297,254 |
| Total Program Service Revenue | $91,311,110 |
| Investment income | $48,035 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $243,833 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $104,523,579 |
| 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. | $4,840,795 |
| Compensation of current officers, directors, key employees. | $4,840,795 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $32,010,148 |
| Pension plan accruals and contributions | $460,125 |
| Other employee benefits | $3,061,186 |
| Payroll taxes | $2,549,442 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $557,008 |
| Fees for services: Accounting | $236,710 |
| Fees for services: Lobbying | $21,055 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $118,711 |
| Fees for services: Other | $22,362,451 |
| Advertising and promotion | $133,714 |
| Office expenses | $6,213,137 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,461,508 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,265 |
| Interest | $625,768 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,570,438 |
| Insurance | $469,073 |
| All other expenses | $4,224 |
| Total functional expenses | $98,394,922 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $569,244 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $858,147 |
| Accounts receivable, net | $10,685,571 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,268,032 |
| Prepaid expenses and deferred charges | $649,635 |
| Net Land, buildings, and equipment | $22,794,473 |
| Investments—publicly traded securities | $15,307,411 |
| Investments—other securities | $913 |
| Investments—program-related | $486,163 |
| Intangible assets | $2,673,016 |
| Other assets | $83,067,488 |
| Total assets | $138,360,093 |
| Accounts payable and accrued expenses | $16,661,253 |
| Grants payable | $0 |
| Deferred revenue | $1,410,954 |
| 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 | $11,722,127 |
| Unsecured mortgages and notes payable | $9,047,199 |
| Other liabilities | $6,004,392 |
| Total liabilities | $44,845,925 |
| Net assets without donor restrictions | $93,514,168 |
| 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 | $138,360,093 |