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 12/2022, St Luke's Hospital employed 3,293 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 12/2022, St Luke's Hospital generated $459.2m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $458.0m during the year ending 12/2022. While expenses have increased by 3.1% 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.

Since 2014, St Luke's Hospital has awarded 57 individual grants totaling $213,800,621. 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

2022

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, 2022, ST. LUKE'S METHODIST HOSPITAL ADMITTED 15,362 PATIENTS RESULTING IN A TOTAL OF 73,684 PATIENT DAYS. OUTPATIENT VISITS TOTALED 601,084 AND TOTAL OUTPATIENT SURGERY REGISTRATIONS, INCLUDING THE DIGESTIVE HEALTH CENTER, FOR THE SAME PERIOD WERE 16,650. THERE WERE ALSO 50,859 EMERGENCY ROOM VISITS AND 2,242 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 $977,896 IN 2022. 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 $26,637,156 FOR 2022. TOTAL CHARITY CARE AND MEANS-TESTED PROGRAMS REPORTED VALUE: $27,615,053.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. TOTAL OTHER BENEFITS REPORTED VALUE: $ 12,805,756.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
American Healthcare Staffing Association
Healthcare Staffing
$15,530,636
Graham Construction Co Inc
Construction Services
$9,920,775
Gastroenterologists Pc
Staffing Services
$5,978,532
Physicians Clinic Of Iowa Pc
Physician Services
$4,953,062
Mr Associates Llp
Medical Services
$3,925,277
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $8,776,839
All other contributions, gifts, grants, and similar amounts not included above$3,877,646
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$12,654,485
Total Program Service Revenue$421,937,358
Investment income $5,134,555
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $17,127,814
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $291,530
Miscellaneous Revenue$0
Total Revenue $459,214,322

Grants Awarded

Over the last fiscal year, St Lukes Methodist Hospital has awarded $21,912,797 in support to 5 organizations.

Grant RecipientAmount

CEDAR RAPIDS MEDICAL EDUCATION FOUNDATION

PURPOSE: PROGRAM SUPPORT

$231,117

IOWA PHYSICIANS CLINIC MEDICAL FOUNDATION

PURPOSE: PROGRAM SUPPORT

$21,659,930

UNITED WAY OF EAST CENTRAL IOWA

PURPOSE: PROGRAM SUPPORT

$8,500

HIS HANDS FREE MEDICAL CLINIC

PURPOSE: PROGRAM SUPPORT

$7,250

PATRONS OF THE PERFORMING ARTS

PURPOSE: PROGRAM SUPPORT

$6,000
View Grant Profile

Peer Organizations

Organization NameAssets
St Cloud Hospital
St Cloud, MN
$1,141,045,824
Ssm Health Care Of Oklahoma Inc
St Louis, MO
$934,244,377
St Lukes Hospital Of Kansas City
kansas city, MO
$1,070,641,998
Catholic Health Initiatives-Iowa Corp
Des Moines, IA
$899,251,353
Ascension St John Hospital
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$965,978,781
Regions Hospital
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Advocate North Side Health Network
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Monument Health Rapid City Hospital Inc
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Ascension Providence Hospital
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North Memorial Health Care
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$782,427,407
Bryan Medical Center
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$865,527,358
Swedishamerican Hospital
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$778,252,715
Bellin Memorial Hospital Inc
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$746,094,277
Columbia St Marys Hospital Milwaukee Inc
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$603,582,934
Heartland Regional Medical Center
St Joseph, MO
$710,360,855
Truman Medical Center Incorporated
Kansas City, MO
$736,606,337
Ascension Via Christi Hospitals Wichita Inc
St Louis, MO
$691,162,708
Southern Illinois Hospital Services
Carbondale, IL
$710,354,566
St Vincent Hospital-Hospital Sisters-Third Order Of St Francis
Green Bay, WI
$660,136,111
Nebraska Methodist Hospital
Omaha, NE
$687,150,387
Aspirus Wausau Hospital Inc
Wausau, WI
$702,469,178
Mercy Health System Corporation
Janesville, WI
$657,550,084
Smdc Medical Center
Duluth, MN
$663,367,068
St Marys Health Inc Dba Ascension
St Louis, MO
$680,827,845
Mercy Hospital South
St Louis, MO
$617,196,385

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