Edward W Sparrow Hospital Association
- Assets
- $1.6b
- Revenue
- $1.0b
- Investments
- $3.0m
- Employees
- 6,804
- Location
- Lansing, MI
- Founding
- 07/1939
- Data as of
- 12/2020
- EIN
- 38-1360584
Organization Overview
Edward W Sparrow Hospital Association is located in Lansing, MI. The organization was established in 1939. 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 12/2021, Edward W Sparrow Hospital Association employed 6,804 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Edward W Sparrow Hospital Association 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 12/2020, Edward W Sparrow Hospital Association generated $1.0b in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $1.0b during the year ending 12/2020. While expenses have increased by 2.1% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
IMPROVING THE HEALTH OF THE PEOPLE IN OUR COMMUNITIES BY PROVIDING QUALITY, COMPASSIONATE CARE TO EVERYONE, EVERY TIME.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SPARROW HOSPITAL HAS, SINCE ITS INCEPTION IN 1896, PROVIDED CARE TO PEOPLE REGARDLESS OF THEIR RACE, CREED, SEX, NATIONAL ORIGIN, HANDICAP, AGE, OR ABILITY TO PAY. SPARROW IS A NON-PROFIT COMMUNITY-GOVERNED HOSPITAL AND THE FLAGSHIP OF SPARROW HEALTH SYSTEM, A COMPREHENSIVE INTEGRATED HEALTH DELIVERY SYSTEM COMMITTED WITHIN ITS RESOURCES TO IMPROVING THE HEALTH STATUS OF ALL PEOPLE THROUGHOUT THE MID-MICHIGAN REGION BY PROVIDING QUALITY, COMPASSIONATE CARE TO EVERYONE, EVERY TIME. SPARROW HOSPITAL IS A 703-BED, MAJOR TEACHING HOSPITAL (AFFILIATED WITH MICHIGAN STATE UNIVERSITY'S COLLEGES OF OSTEOPATHIC MEDICINE, HUMAN MEDICINE AND NURSING) AND THE MOST COMPREHENSIVE, ACUTE CARE CENTER IN MID-MICHIGAN. SPARROW IS THE REGIONAL MEDICAL CENTER FOR: PEDIATRICS CANCER CARE, INCLUDING RADIATION THERAPY TRAUMA CARE NEUROLOGICAL CARE HIGH-RISK OBSTETRICS NEONATAL INTENSIVE CARE BEHAVIORAL HEALTH CARDIOVASCULAR SERVICES IN 2021, SPARROW TREATED OVER 34,000 INPATIENTS, PROVIDED SERVICES TO 142,580 EMERGENCY MEDICINE PATIENTS, 297,566 URGENT CARE PATIENTS, NEARLY 10,000 WALK-IN CLINIC PATIENTS, AND CONDUCTED TENS OF THOUSANDS OF VIDEO VISITS. TODAY'S SPARROW HEALTH SYSTEM BLENDS THE KNOWLEDGE AND EXPERTISE OF OVER 1,260 PHYSICIANS, ABOUT 9,000 CAREGIVERS AND ABOUT 1,500 VOLUNTEERS WITH THE MOST ADVANCED TECHNOLOGY, SERVING AS A COMPREHENSIVE HEALTH SYSTEM FOR A CORE EIGHT-COUNTY POPULATION AND BEYOND. IN ADDITION, MORE PEOPLE CHOOSE SPARROW FOR THEIR MATERNITY NEEDS (ABOUT 4,000 DELIVERIES ANNUALLY), REHABILITATION, AND EMERGENCY TREATMENT THAN ANY OTHER HOSPITAL IN MID-MICHIGAN. SPARROW HAS ACHIEVED A NATIONAL BENCHMARK IN QUALITY CARE FOR MOTHERS AND BABIES, AS MID-MICHIGAN'S ONLY BABY-FRIENDLY HOSPITAL, A GLOBAL PROGRAM OF THE WORLD HEALTH ORGANIZATION (WHO) AND THE UNITED NATIONS CHILDREN'S FUND (UNICEF). SPARROW HAS UNDERTAKEN A VARIETY OF MEASURES TO IMPROVE MATERNAL AND INFANT HEALTH. AN OUTPATIENT BREASTFEEDING CLINIC SUPPORTING BREASTFEEDING MOTHERS AND INFANTS IS HELD TWICE A WEEK IN OUR PEDIATRICS SUBSPECIALTY CLINIC. SPARROW ALSO SPONSORS THE BABY CAF, A COMMUNITY RESOURCE FREE OF CHARGE TO NURSING MOTHERS TO OBTAIN BREASTFEEDING SUPPORT, AS WELL AS PEER SUPPORT FROM OTHER NEW MOTHERS. WE ALSO WORK WITH VALUABLE PARTNERS TO OFFER FREE SERVICES TO PARENTS AND CHILDREN. SPARROW WORKS WITH UNIVERSITY OF MICHIGAN PEDIATRIC OPHTHALMOLOGY TO PROVIDE AN EYE CLINIC WEEKLY IN OUR PEDIATRICS SUBSPECIALTY CLINIC. SPARROW ALSO PARTNERS WITH THE INGHAM COUNTY HEALTH DEPARTMENT AND HEALTHY START TO PROVIDE A FREE MONTHLY CLASS FOR HEALTH DEPARTMENT PATIENTS, INCLUDING A TOUR OF SPARROW LABOR AND DELIVERY, AND INFORMATION ABOUT WHAT TO EXPECT WHEN YOU COME TO THE HOSPITAL TO HAVE YOUR BABY. SPARROW ALSO HAS A PARTNERSHIP WITH MICHIGAN MEDICINE (THE UNIVERSITY OF MICHIGAN) TO OVERSEE THE SPARROW CHILDREN'S CENTER. THIS ALLOWS BROADENED PEDIATRIC SPECIALTY SERVICES FOR THE REGION AND HELP ENSURE FAMILIES STAY CLOSE TO HOME, INSTEAD OF TRAVELING GREAT DISTANCES TO SEEK CARE FOR THEIR CHILDREN. SPARROW HEALTH SYSTEM'S REACH EXTENDS FAR BEYOND THE ACUTE CARE SETTING OF THE HOSPITAL. THERE ARE MANY WAYS OUR STAFF PROACTIVELY SUPPORTS THE COMMUNITY, ESPECIALLY THOSE WHO HAVE THE GREATEST NEED. BECAUSE OF SPARROW'S COMMITMENT, THE PEOPLE OF MID MICHIGAN HAVE ACCESS TO THE FULL RANGE OF COMPREHENSIVE ACUTE CARE SERVICES AND THE LATEST MEDICAL ADVANCES WITHOUT TRAVELING GREAT DISTANCES. THESE SERVICES ARE AVAILABLE TO ALL MID MICHIGAN RESIDENTS, REGARDLESS OF THEIR ABILITY TO PAY. PROVIDING ACCESS TO COVID-19 TESTING AND VACCINES: IN 2021, SPARROW WAS A NATIONAL LEADER IN PROVIDING ACCESS TO COVID-19 TESTING AND VACCINES TO PEOPLE FROM THROUGHOUT THE STATE. SPARROW WAS AMONG THE FIRST HOSPITALS TO OFFER INPATIENT TESTING FOR THE VIRUS AND OPENED AN INNOVATIVE DRIVE-THRU TESTING/VACCINE SITE AT AN OLD SEARS AUTOMOTIVE CENTER IN LANSING. IT HAS ALSO DISTRIBUTED THE VACCINE THROUGH HIGH SCHOOL CLINICS AND TO UNDERSERVED AREAS THROUGH A MOBILE HEALTH CLINIC. SPARROW HAS PERFORMED MORE THAN 800,000 COVID TESTS AND GIVEN MORE THAN 130,000 VACCINES.
ANCILLARY SERVICES INCLUDING LABORATORY, RADIOLOGY, DIALYSIS, SOCIAL SERVICES AND CLINICS (SEE NARRATIVE FROM 4A FOR FURTHER EXPLANATION)
GENERAL SERVICES INCLUDING FOOD SERVICE, ENVIRONMENTAL SERVICES, LAUNDRY AND PLANT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ara Pridjian MD Physician | 40 | $1,039,195 | |
Hisham Qandeel Physician | 40 | $916,728 | |
Kosisochi Obinwanne MD Physician | 40 | $904,777 | |
Muhammad Hamdan MD Physician | 40 | $864,249 | |
Roy Miller Physician | 40 | $846,830 | |
Alan Vierling Dnp Pres/ceo Spa | OfficerTrustee | 40 | $657,932 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Fastaff Llc Travel Nursing | 12/30/21 | $16,441,424 |
Michigan State University Health Medical Prof | 12/30/21 | $9,981,052 |
Granger Consturction Company Constuction | 12/30/21 | $9,932,394 |
Vituity Michigan Hospitalist Emergency Med | 12/30/21 | $6,157,495 |
Aya Healthcare Inc Travel Nursing | 12/30/21 | $5,956,079 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $68,204,645 |
| Investment income | $8,864,410 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $388,069 |
| Net Gain/Loss on Asset Sales | $17,970,188 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,007,119,919 |
| 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. | $4,057,456 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $457,249,941 |
| Pension plan accruals and contributions | $26,333,425 |
| Other employee benefits | $43,512,129 |
| Payroll taxes | $30,013,512 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $36,057 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $24,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,545,209 |
| Fees for services: Other | $27,513,057 |
| Advertising and promotion | $90,418 |
| Office expenses | $1,346,081 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $15,848,495 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,075,745 |
| Interest | $13,259,999 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $57,608,014 |
| Insurance | $17,623,370 |
| All other expenses | $0 |
| Total functional expenses | $1,007,425,092 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $66,847,867 |
| Savings and temporary cash investments | $88,321,145 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $132,263,326 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $29,988,754 |
| Prepaid expenses and deferred charges | $2,298,421 |
| Investments—publicly traded securities | $583,380,140 |
| Investments—other securities | $3,040,184 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $216,542,995 |
| Total assets | $1,639,507,874 |
| Accounts payable and accrued expenses | $198,680,596 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $352,080,000 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $31,328,036 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $504,052,962 |
| Total liabilities | $1,086,141,594 |
| 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 | $553,366,280 |
Grants Awarded
Over the last fiscal year, Edward W Sparrow Hospital Association has awarded $79,123 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Lansing, MI PURPOSE: CHARITABLE DONATION | $49,123 |
Carson City, MI PURPOSE: CHARITABLE DONATION | $30,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Edward W Sparrow Hospital Association has recieved totaling $1,755,565.
| Awarding Organization | Amount |
|---|---|
Sparrow Foundation Lansing, MI PURPOSE: OPER/EQUIP/EDUC/ETC | $1,755,565 |
Endowment Analysis
| Beg. Balance | $5,606,321 |
| Earnings | $129,658 |
| Net Contributions | $561,053 |
| Ending Balance | $6,297,032 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Deaconess Hospital Inc Evansville, IN | $1,921,220,397 | $1,102,144,618 |
Kettering College Miamisburg, OH | $1,728,903,615 | $1,055,020,178 |
Covenant Medical Center Inc Saginaw, MI | $1,038,790,282 | $776,913,978 |
Allegiance Health Jackson, MI | $830,742,312 | $709,583,429 |
Indiana University Health Bloomingon Inc Indianapolis, IN | $990,966,337 | $700,343,585 |
Munson Medical Center Traverse City, MI | $1,240,001,316 | $752,883,085 |
Bethesda Hospital Inc Cincinnati, OH | $1,219,368,332 | $686,286,971 |
Mercy Health System Corporation Janesville, WI | $590,598,309 | $634,611,105 |
The Good Samaritan Hospital Of Cincinnati Ohio Dtd 01251995 Cincinnati, OH | $942,007,823 | $651,965,819 |
St Vincent Hospital-Hospital Sisters-Third Order Of St Francis Green Bay, WI | $911,771,001 | $646,081,418 |
Munster Medical Research Foundation Inc Munster, IN | $297,008,950 | $660,640,751 |
Aspirus Wausau Hospital Inc Wausau, WI | $652,843,423 | $674,491,769 |