Ely-Bloomenson Community Hospital
- Assets
- $26.2m
- Revenue
- $29.5m
- Investments
- $0.0
- Employees
- 135
- Location
- Ely, MN
- Founding
- 04/1957
- Data as of
- 09/2022
- EIN
- 41-0808719
Organization Overview
Ely-Bloomenson Community Hospital is located in Ely, MN. The organization was established in 1957. 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 09/2022, Ely-Bloomenson Community Hospital employed 135 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ely-Bloomenson Community 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 09/2022, Ely-Bloomenson Community Hospital generated $29.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.1% each year. All expenses for the organization totaled $27.5m during the year ending 09/2022. While expenses have increased by 7.7% per year over the past 7 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
ELY-BLOOMENSON COMMUNITY HOSPITAL IS COMMITTED TO CARING FOR AND ENHANCING THE HEALTH AND WELL BEING OF THE COMMUNITY IT SERVES.
Describe the Organization's Program Activity:
HOSPITAL SERVICES PROVIDED FOR THE ELY COMMUNITY AND SURROUNDING AREA. ELY-BLOOMENSON COMMUNITY HOSPITAL (EBCH), RECOGNIZED BY THE FEDERAL & STATE OF MINNESOTA GOVERNMENTS AS A CRITICAL ACCESS HOSPITAL, IS THE ONLY LOCAL HEALTHCARE CENTER SERVING ELY AND SURROUNDING COMMUNITIES BORDERING THE VAST ACREAGE OF BOUNDARY WATERS CANOE AREA WILDERNESS. UNDER ORIGINAL FEDERAL RULES EBCH WOULD HAVE BEEN ONLY ONE OUT OF SEVEN HOSPITALS IN MINNESOTA THAT WOULD HAVE QUALIFIED FOR CRITICAL ACCESS HOSPITAL STATUS. THE HOSPITAL BOASTS: IN AND OUTPATIENT HOSPITAL NURSING SERVICE, IN-HOUSE LABORATORY, AN ON-SITE RETAIL PHARMACY, PHYSICAL AND OCCUPATIONAL THERAPY, CHEMOTHERAPY, A FULLY-STAFFED 24-7 RADIOLOGY DEPARTMENT, A PROFESSIONAL ANESTHESIA TEAM, SWING BED CARE FOR PATIENTS WHO NO LONGER REQUIRE ACUTE CARE HOSPITALIZATION, AND A 24-7 EMERGENCY ROOM. DURING THE FY2022 EBCH PERFORMED 483 SURGICAL PROCEDURES, 64,848 LABORATORY TESTS, 7,022 RADIOLOGICAL EXAMS, AND 3,403 EMERGENCY ROOM VISITS. IN ADDITION, 239 PEOPLE WERE ADMITTED FOR INPATIENT CARE. 1064 DAYS OF CARE WERE PROVIDED, 8,388 OUTPATIENTS WERE SEEN, AND 16,245 MODALITIES WERE PERFORMED IN OT AND PT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brock Urie Physician | 40 | $273,843 | |
Patti Banks CEO | Officer | 39.7 | $239,279 |
Sam Rice Physician | 40 | $150,386 | |
Beth Hartshorn Pharmacist | 40 | $147,910 | |
John Schindele Pharmacist | 40 | $147,380 | |
Saravana Balaraman Physician Until 5/28/22 | 40 | $141,803 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Acute Care Inc Emergency Room Physician Coverage | 9/29/22 | $1,076,498 |
Central Minnesota Diagnostic Inc Diagnostic Equip Service | 9/29/22 | $876,926 |
Lake Country Anesthesia Llc Anesthesia Services | 9/29/22 | $646,342 |
Advanced Surgical Associates Of Northern Physician Services | 9/29/22 | $314,788 |
Essentia Health Shared Services Epic Software Services | 9/29/22 | $279,288 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $781,261 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,842 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $783,103 |
| Total Program Service Revenue | $28,498,592 |
| Investment income | $125,653 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $20,270 |
| Net Gain/Loss on Asset Sales | -$669 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $29,513,153 |
| 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. | $413,070 |
| Compensation of current officers, directors, key employees. | $413,070 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $8,047,239 |
| Pension plan accruals and contributions | $211,221 |
| Other employee benefits | $1,305,111 |
| Payroll taxes | $589,542 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $72,883 |
| Fees for services: Accounting | $283,533 |
| Fees for services: Lobbying | $1,658 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,362,532 |
| Advertising and promotion | $70,435 |
| Office expenses | $1,099,416 |
| Information technology | $791,861 |
| Royalties | $0 |
| Occupancy | $268,710 |
| Travel | $60,310 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $236,324 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,095,477 |
| Insurance | $107,127 |
| All other expenses | $901,186 |
| Total functional expenses | $27,517,714 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,405,423 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,428,871 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,081,110 |
| Prepaid expenses and deferred charges | $209,594 |
| Net Land, buildings, and equipment | $6,253,595 |
| Investments—publicly traded securities | $3,839,657 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,990,708 |
| Total assets | $26,208,958 |
| Accounts payable and accrued expenses | $2,656,566 |
| Grants payable | $0 |
| Deferred revenue | $150,086 |
| Tax-exempt bond liabilities | $6,962,204 |
| 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 | $22,036 |
| Other liabilities | $0 |
| Total liabilities | $9,790,892 |
| Net assets without donor restrictions | $16,418,066 |
| 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 | $26,208,958 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Ely-Bloomenson Community Hospital has recieved totaling $17,304.
| Awarding Organization | Amount |
|---|---|
Minnesota Hospital Association St Paul, MN PURPOSE: SPECIAL PATHOGEN PREPAREDNESS AND RESPONSE | $17,304 |
Endowment Analysis
| Beg. Balance | $77,500 |
| Earnings | $2 |
| Admin Expense | $2 |
| Ending Balance | $77,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Fort Madison Community Hospital West Burlington, IA | $0 | $63,917,889 |
Avera Queen Of Peace Mitchell, SD | $173,794,004 | $133,877,982 |
St Nicholas Hospital Of The Hospita Sisters Of The Third Order Of St F Sheboygan, WI | $160,864,409 | $138,043,178 |
Winona Health Services Winona, MN | $149,374,764 | $114,059,975 |
Beaver Dam Community Hospitals Inc Beaver Dam, WI | $193,989,750 | $109,285,462 |
Jennie Edmundson Memorial Hospital Council Bluffs, IA | $159,830,825 | $120,935,401 |
Prohealth Oconomowoc Memorial Hospital Inc Oconomowoc, WI | $128,184,799 | $110,175,380 |
Door County Memorial Hospital Sturgeon Bay, WI | $145,062,000 | $121,509,372 |
Pella Regional Health Center Pella, IA | $175,318,188 | $109,674,630 |
Aurora Medical Center Bay Area Inc Milwaukee, WI | $215,907,747 | $109,452,768 |
Prairie Lakes Health Care System Inc Watertown, SD | $318,634,035 | $115,979,854 |
Memorial Medical Center Inc Ashland, WI | $199,460,507 | $111,327,895 |