Beebe Medical Center Inc
- Assets
- $747.0m
- Revenue
- $492.4m
- Investments
- $0.0
- Employees
- 2,670
- Location
- Lewes, DE
- Founding
- 08/1938
- Data as of
- 06/2021
- EIN
- 51-0067938
Organization Overview
Beebe Medical Center Inc, operating under the name Beebe Healthcare Inc, is located in Lewes, DE. The organization was established in 1938. 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 06/2021, Beebe Healthcare Inc employed 2,670 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Beebe Healthcare Inc 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 06/2021, Beebe Healthcare Inc generated $492.4m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.7% each year. All expenses for the organization totaled $435.5m during the year ending 06/2021. While expenses have increased by 4.7% 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
BEEBE MEDICAL CENTER'S CHARITABLE MISSION IS TO ENCOURAGE HEALTHY LIVING, SEE SCHEDULE O BEEBE MEDICAL CENTER'S CHARITABLE MISSION IS TO ENCOURAGE HEALTHY LIVING, PREVENT ILLNESS AND RESTORE OPTIMAL HEALTH WITH THE PEOPLE RESIDING, WORKING AND VISITING IN THE COMMUNITIES WE SERVE. BEEBE MEDICAL CENTER PROVIDES HEALTHCARE SERVICES REGARDLESS OF RACE, COLOR, RELIGION, AGE, GENDER OR SEX, NATIONAL ORIGIN OR ANCESTRY, DISABILITY, VETERAN'S STATUS, GENETIC INFORMATION, SEXUAL ORIENTATION, GENDER IDENTITY OR ANY OTHER LEGALLY PROTECTED CHARACTERISTIC.
Describe the Organization's Program Activity:
GENERAL MEDICAL SURGICAL PATIENT CARE. BEEBE MEDICAL CENTER EXPERIENCED 9,153 DISCHARGES IN 2021 RESULTING IN 43,080 PATIENT DAYS OF WHICH 5,914 DISCHARGES AND 29,360 PATIENT DAYS WERE COVERED UNDER THE MEDICARE PROGRAM. THE MEDICAID PROGRAM COVERED 1,106 DISCHARGES AND 4,774 PATIENT DAYS. ADDITIONAL VOLUMES ACHIEVED IN 2021 INCLUDE 49,750 EMERGENCY VISITS; 14,784 OPERATING ROOM CASES OF WHICH 118 WERE OPEN HEART SURGERIES; 4,538 CARDIAC CATHETERIZATION PROCEDURES; AND 189,105 OUTPATIENT IMAGING PROCEDURES. TOTAL SELF-PAY INPATIENT DAYS WERE 873 AND SELF-PAY DISCHARGES WERE 165 IN 2021.
BEEBE HOME HEALTH (BHHA) PROGRAM COVERS EASTERN SUSSEX COUNTY. IN 2021, BHHA ADMITTED 3,646 NEW PATIENTS AND HAD AN ACTIVE CASELOAD OF 6,832 PATIENTS. THERE WERE A TOTAL OF 63,018 VISITS DURING THE YEAR.
THE MARGARET D ROLLINS SCHOOL OF NURSING CONTINUES TO BE FULLY CERTIFIED. THE SCHOOL HAD A TOTAL OF 78 STUDENT ENROLLED IN FY21, 30 SENIORS AND 48 FIRST YEAR STUDENTS.
COMMUNITY OUTREACH PROGRAM EXPENSES OF $892,111 AND REVENUE OF $17,565, DELMARVA HEALTH NETWORK, LLC EXPENSES OF $522,862 AND REVENUE OF $9,102, ADULT DAY CARE PROGRAM EXPENSES OF $309,112 AND REVENUE OF $46,420.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David A Tam MD President/ceo | OfficerTrustee | 40 | $735,825 |
Jeffrey M Fried Former President/ceo | 0 | $696,000 | |
Paul J Pernice VP Finance CFO | Officer | 40 | $583,320 |
Richard Schaffner Exec Vp/coo | Officer | 40 | $581,507 |
Nisarg Desai Physician | 40 | $562,992 | |
Pramod Vadlamani Physician | 40 | $541,193 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Whiting-turner Contracting Co Contractor | 6/29/21 | $52,571,272 |
Medical Solutions Contract Labor | 6/29/21 | $9,616,027 |
Willow Construction Llc Contractor | 6/29/21 | $3,319,193 |
Delaware Anesthesia Associates Anesthesia Services | 6/29/21 | $2,823,052 |
Mayo Medical Laboratory Lab Services | 6/29/21 | $2,535,375 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $4,761,243 |
| Government grants | $11,511,245 |
| All other contributions, gifts, grants, and similar amounts not included above | $353,483 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $16,625,971 |
| Total Program Service Revenue | $461,445,386 |
| Investment income | $1,786,019 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $421,782 |
| Net Gain/Loss on Asset Sales | $7,061,444 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $492,405,788 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,163,249 |
| 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. | $4,994,937 |
| Compensation of current officers, directors, key employees. | $4,960,967 |
| Compensation to disqualified persons | $696,000 |
| Other salaries and wages | $140,852,117 |
| Pension plan accruals and contributions | $5,031,216 |
| Other employee benefits | $25,650,172 |
| Payroll taxes | $9,994,617 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $174,494 |
| Fees for services: Accounting | $154,998 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $207,058 |
| Fees for services: Other | $38,374,306 |
| Advertising and promotion | $1,202,025 |
| Office expenses | $8,372,927 |
| Information technology | $13,776,026 |
| Royalties | $0 |
| Occupancy | $7,552,624 |
| Travel | $287,121 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $174,813 |
| Interest | $3,531,143 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $22,880,802 |
| Insurance | $3,267,614 |
| All other expenses | $1,440,193 |
| Total functional expenses | $435,499,148 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$1 |
| Savings and temporary cash investments | $161,327,123 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $56,333,321 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $11,726,973 |
| Prepaid expenses and deferred charges | $12,706,275 |
| Net Land, buildings, and equipment | $303,525,063 |
| Investments—publicly traded securities | $154,805,681 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $3,104,085 |
| Other assets | $43,434,192 |
| Total assets | $746,962,712 |
| Accounts payable and accrued expenses | $126,340,620 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $214,918,512 |
| 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 | $0 |
| Other liabilities | $96,221,943 |
| Total liabilities | $437,481,075 |
| Net assets without donor restrictions | $281,010,934 |
| Net assets with donor restrictions | $28,470,703 |
| 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 | $746,962,712 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Beebe Medical Center Inc has recieved totaling $37,000.
| Awarding Organization | Amount |
|---|---|
Irene P Sorbara Charitable Fdn Pittsburgh, PA PURPOSE: SCHOLARSHIPS | $37,000 |
Endowment Analysis
| Beg. Balance | $320,047 |
| Earnings | $69,538 |
| Ending Balance | $389,586 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Presbyterian Medical Center Of The University Of Pennsylvania Health Philadelphia, PA | $864,132,692 | $1,007,924,819 |
Abington Memorial Hospital Philadelphia, PA | $948,017,930 | $858,404,541 |
Englewood Hospital And Medical Center A New Jersey Nonprofit Corp Englewood, NJ | $770,563,796 | $890,451,423 |
Inspira Medical Centers Inc Bridgeton, NJ | $1,997,035,403 | $960,599,521 |
Valley Hospital Inc Ridgewood, NJ | $2,214,086,950 | $1,000,529,103 |
Sinai Hospital Of Baltimore Inc Baltimore, MD | $642,141,254 | $936,777,270 |
Virtu-West Jersey Health System Inc Marlton, NJ | $2,706,789,713 | $1,000,808,483 |
Bayhealth Medical Center Inc Dover, DE | $1,592,804,671 | $861,509,299 |
Tower Health Reading, PA | $1,567,530,050 | $562,187,138 |
Pennsylvania Hospital Of The Univ Of Pennsylvania Health System Philadelphia, PA | $773,767,590 | $678,080,811 |
Johns Hopkins Bayview Medical Center Inc Baltimore, MD | $440,914,055 | $670,376,991 |
Kennedy University Hospital Inc Philadelphia, PA | $1,241,829,856 | $668,598,689 |