St Lukes Methodist Hospital

Organization Overview

St Lukes Methodist Hospital, operating under the name St Luke's Hospital, is located in Cedar Rapids, IA. The organization was established in 1946. 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, St Luke's Hospital employed 3,248 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. St Luke's 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 12/2021, St Luke's Hospital generated $448.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $425.8m during the year ending 12/2021. While expenses have increased by 2.5% 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.

Since 2014, St Luke's Hospital has awarded 52 individual grants totaling $191,887,824. 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.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO GIVE THE HEALTHCARE WE'D LIKE OUR LOVED ONES TO RECEIVE.

Describe the Organization's Program Activity:

HEALTH CARE SERVICES:ST. LUKE'S METHODIST HOSPITAL IS AN IMPORTANT ELEMENT OF THE HEALTH-CARE DELIVERY SYSTEM THAT THE CEDAR RAPIDS COMMUNITIES RELY ON EVERY DAY. IT IS COMMITTED TO PROVIDING QUALITY HEALTH CARE, AND TO USING ITS RESOURCES TO THE GREATEST COMMUNITY BENEFIT.ST. LUKE'S METHODIST HOSPITAL PROVIDES INPATIENT AND OUTPATIENT MEDICAL SERVICES TO TREAT INDIVIDUALS WITH DISEASES, ILLNESS AND INJURIES WITH VARYING COMPLEXITIES. IT PROVIDES SERVICES TO IMPROVE THE HEALTH OF PATIENTS AND TO BETTER THEIR QUALITY OF LIFE. ALL SERVICES ARE PROVIDED REGARDLESS OF AN INDIVIDUAL'S RACE, CREED, SEX, NATIONALITY, HANDICAP, AGE OR ABILITY TO COMPENSATE FOR SERVICES RENDERED. THESE INCLUDE, BUT ARE NOT LIMITED TO, GENERAL ACUTE CARE, SURGERIES, HOME HEALTH, INTENSIVE CARE AND CRITICAL CARE, MENTAL HEALTH CARE, CARDIOLOGY, ONCOLOGY, REHABILITATION, SKILLED NURSING, BEHAVIORAL DISORDER PROGRAMS, MATERNAL/CHILD CARE, LABORATORY, PALLIATIVE CARE, PHARMACEUTICAL DRUGS, EMERGENCY SERVICES, OUTPATIENT CLINICS, CHECK-UPS AND RADIOLOGY. SOME OF THE SERVICES PROVIDED DO NOT GENERATE ENOUGH INCOME TO OFFSET THEIR COST. IN THE FISCAL PERIOD ENDED DECEMBER 31, 2021, ST. LUKE'S METHODIST HOSPITAL ADMITTED 15,927 PATIENTS RESULTING IN A TOTAL OF 75,942 PATIENT DAYS. OUTPATIENT VISITS TOTALED 676,195 AND TOTAL OUTPATIENT SURGERY REGISTRATIONS, INCLUDING THE DIGESTIVE HEALTH CENTER, FOR THE SAME PERIOD WERE 17,797. THERE WERE ALSO 49,409 EMERGENCY ROOM VISITS AND 2,335 BABIES DELIVERED.


COMMUNITY BENEFIT, INCLUDING CHARITY CARECHARITY CARE AND MEANS-TESTED PROGRAMS: ST. LUKE'S METHODIST HOSPITAL PROVIDES CHARITY CARE AND OTHER MEANS-TESTED PROGRAMS WITH THE GOAL TO IMPROVE THE COMMUNITY'S OVERALL HEALTH AND ACCESS TO CARE. THIS INCLUDES HEALTH-CARE SERVICES REGARDLESS OF THE PATIENT'S INSURANCE COVERAGE OR FINANCIAL STATUS. CHARITY CARE AND PARTIAL TO FULL FINANCIAL ASSISTANCE IS PROVIDED TO PATIENTS ON A CASE-BY-CASE BASIS. CHARITY CARE WAS MADE AVAILABLE TO PEOPLE AT A VALUE OF $ 1,661,760 IN 2021. OFTENTIMES, ST. LUKE'S METHODIST HOSPITAL RECEIVES PAYMENTS FROM PAYORS OR PATIENTS THAT ARE LESS THAN IT CHARGES FOR SERVICES. ST. LUKE'S METHODIST HOSPITAL PARTICIPATES IN MEDICAID AND OTHER GOVERNMENT-SPONSORED HEALTH-CARE PROGRAMS. ST. LUKE'S METHODIST HOSPITAL'S NET COST OF PROVIDING CARE FOR WHICH IT RECEIVES PAYMENT BELOW ITS COST IS $23,041,779 FOR 2021. TOTAL CHARITY CARE AND MEANS-TESTED PROGRAMS REPORTED VALUE: $24,703,538.OTHER BENEFITS: ST. LUKE'S METHODIST HOSPITAL PROVIDES SEVERAL OTHER BENEFITS THAT ASSIST THE COMMUNITY. PROGRAMS MAY INCLUDE, BUT ARE NOT LIMITED TO, COMMUNITY HEALTH IMPROVEMENT SERVICES AND COMMUNITY BENEFIT OPERATIONS SUCH AS PREVENTION AND HEALTH SCREENINGS; HEALTH PROFESSIONAL'S EDUCATION; SUBSIDIZED HEALTH SERVICES, AND CASH AND IN-KIND CONTRIBUTIONS TO COMMUNITY GROUPS. ST. LUKE'S METHODIST HOSPITAL COLLABORATES WITH OTHER HOSPITALS, CHURCHES, SCHOOLS, CHAMBERS OF COMMERCE AND DAYCARE CENTERS TO IMPROVE COMMUNITY HEALTH AND EXPAND ACCESS TO HEALTH CARE. ST. LUKE'S METHODIST HOSPITAL HAS DEDICATED STAFF TO ASSIST COMMUNITY BENEFIT EFFORTS. APPROXIMATELY 76,028 PERSONS WERE SERVED THROUGH THESE PROGRAMS. TOTAL OTHER BENEFITS REPORTED VALUE: $ 10,639,304.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Graham Construction Co Inc
Construction Services
$4,780,562
Gastroenterologists Pc
Staffing Services
$6,224,201
Physicians Clinic Of Iowa Pc
Physician Services
$6,356,473
Amn Healthcare Inc
Staffing Services
$3,084,855
Mr Associates Llp
Medical Services
$4,124,670
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $1,201,503
All other contributions, gifts, grants, and similar amounts not included above$1,915,267
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$3,116,770
Total Program Service Revenue$420,378,553
Investment income $6,958,359
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $15,417,464
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $301,590
Miscellaneous Revenue$0
Total Revenue $448,080,715

Grants Awarded

Over the last fiscal year, St Lukes Methodist Hospital has awarded $19,680,897 in support to 4 organizations.

Grant RecipientAmount

IOWA PHYSICIANS CLINIC MEDICAL FOUNDATION

Org PageRecipient Profile

West Des Moines, IA

PURPOSE: PROGRAM SUPPORT

$19,368,412

CEDAR RAPIDS MEDICAL EDUCATION FOUNDATION

Org PageRecipient Profile

Cedar Rapids, IA

PURPOSE: PROGRAM SUPPORT

$237,632

Cedar Rapids, IA

PURPOSE: PROGRAM SUPPORT

$68,853

COMMUNITY HEALTH FREE CLINIC

Org PageRecipient Profile

Cedar Rapids, IA

PURPOSE: PROGRAM SUPPORT

$6,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 2 grants that St Lukes Methodist Hospital has recieved totaling $213,755.

Awarding OrganizationAmount
St Lukes Health Care Foundation

Cedar Rapids, IA

PURPOSE: PROGRAM SUPPORT

$213,020
Cockburn Residuary Trust

Milwaukee, WI

PURPOSE: GENERAL OPERATING

$735
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$9,532,388
Earnings$1,231,717
Admin Expense$1,494
Other Expense$8,762
Ending Balance$10,753,849

Peer Organizations

Organization NameAssets
St Lukes Hospital Of Kansas City
Kansas City, MO
$1,070,641,998
Saint Thomas West Hospital
St Louis, MO
$1,081,181,844
St Cloud Hospital
St Cloud, MN
$1,117,982,242
Mercy Hospital Springfield
Springfield, MO
$1,115,699,805
Ascension St John Hospital
St Louis, MO
$965,978,781
Advocate North Side Health Network
Downers Grove, IL
$901,672,521
The Carle Foundation Hospital
Urbana, IL
$1,085,020,210
Monument Health Rapid City Hospital Inc
Rapid City, SD
$951,840,989
Ssm Healthcare Of Oklahoma Inc
St Louis, MO
$906,998,301
Regions Hospital
Minneapolis, MN
$936,558,758
Catholic Health Initiatives-Iowa Corp
Des Moines, IA
$904,841,538
Central Iowa Hospital Corporation
Des Moines, IA
$937,321,371

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