Lucy Webb Haynes National Training School For Deaconesses And Mission
- Assets
- $1.5b
- Revenue
- $556.1m
- Investments
- $709.5m
- Employees
- 2,823
- Location
- Washington, DC
- Founding
- 04/1936
- Data as of
- 06/2021
- EIN
- 53-0196602
Organization Overview
Lucy Webb Haynes National Training School For Deaconesses And Mission, operating under the name Sibley Memorial Hospital, is located in Washington, DC. The organization was established in 1936. 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, Sibley Memorial Hospital employed 2,823 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sibley Memorial 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 06/2021, Sibley Memorial Hospital generated $556.1m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 10.0% each year . All expenses for the organization totaled $462.2m during the year ending 06/2021. While expenses have increased by 7.5% 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.
Since 2015, Sibley Memorial Hospital has awarded 54 individual grants totaling $1,134,405. 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.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O
Describe the Organization's Program Activity:
SEE SCHEDULE O
SEE SCHEDULE O
SEE SCHEDULE O
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Colette M Magnant Breast Surgeon | 40 | $1,075,647 | |
Pouneh Razavi Breast Imager Radiologist | 40 | $532,055 | |
Sara Shaylor Breast Imager Radiologist | 40 | $460,445 | |
Sandra Polin Breast Imager Radiologist | 40 | $446,373 | |
Arman Firouzi Physician Surgical | 40 | $416,256 | |
Kevin W Sowers Msn RN Faa Trustee, Corp Vice Chairman | OfficerTrustee | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Gilbane Building Company Total Construction | 6/29/21 | $1,844,114 |
George Washington University Total Medical Professionals | 6/29/21 | $822,115 |
Kane Construction Inc Construction | 6/29/21 | $1,055,695 |
Heffron Company Total Plumbing, Heating, And A/c Contractors | 6/29/21 | $873,002 |
Hitt Contracting Inc Total Construction | 6/29/21 | $821,605 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $155,063 |
| Government grants | $24,194,152 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $24,349,215 |
| Total Program Service Revenue | $433,549,196 |
| Investment income | $12,934,634 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $74,647,903 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $127,813 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $556,069,368 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $488,732 |
| Grants and other assistance to domestic individuals. | $29,600 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $4,986,958 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $144,955,190 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $10,610,513 |
| Payroll taxes | $13,167,594 |
| Fees for services: Management | $53,108 |
| Fees for services: Legal | $208,816 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $112,106 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $2,024,443 |
| Fees for services: Other | $28,112,726 |
| Advertising and promotion | $1,649,602 |
| Office expenses | $2,698,430 |
| Information technology | $2,041,687 |
| Royalties | $0 |
| Occupancy | $7,638,626 |
| Travel | $357,164 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $68,051 |
| Interest | $10,093,329 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $43,419,274 |
| Insurance | $5,441,192 |
| All other expenses | $1,906,985 |
| Total functional expenses | $462,195,405 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $89,335,894 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $53,106,298 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $9,279,222 |
| Prepaid expenses and deferred charges | $3,813,388 |
| Net Land, buildings, and equipment | $508,060,032 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $709,481,802 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $100,046,694 |
| Total assets | $1,473,123,330 |
| Accounts payable and accrued expenses | $54,377,024 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $1,857,116 |
| 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 | $335,905,362 |
| Total liabilities | $392,139,502 |
| Net assets without donor restrictions | $1,077,228,485 |
| Net assets with donor restrictions | $3,755,343 |
| 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 | $1,473,123,330 |
Grants Awarded
Over the last fiscal year, Lucy Webb Haynes National Training School For Deaconesses And Mission has awarded $472,902 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Baltimore, MD PURPOSE: TO SUPPORT HEALTH CARE PUBLIC CHARITY | $400,000 |
Baltimore, MD PURPOSE: TO SUPPORT HEALTH CARE PUBLIC CHARITY | $37,500 |
Washington, DC PURPOSE: COMMUNITY HEALTH IMPROVEMENT | $25,000 |
Washington, DC PURPOSE: TO SUPPORT HEALTH CARE PUBLIC CHARITY | $10,402 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Lucy Webb Haynes National Training School For Deaconesses And Mission has recieved totaling $50,000.
| Awarding Organization | Amount |
|---|---|
National Breast Cancer Foundation Inc Frisco, TX PURPOSE: patient navigation | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sinai Hospital Of Baltimore Inc Baltimore, MD | $642,141,254 | $936,777,270 |
Mary Washington Healthcare Fredericksburg, VA | $593,675,918 | $863,388,863 |
Johns Hopkins Bayview Medical Center Inc Baltimore, MD | $440,914,055 | $670,376,991 |
Franklin Square Hospital Center Inc Baltimore, MD | $352,871,142 | $621,968,540 |
Holy Cross Health Inc Silver Spring, MD | $1,036,467,989 | $628,720,499 |
Luminis Health Anne Arundel Medical Center Inc Annapolis, MD | $992,420,560 | $584,759,712 |
Mercy Medical Center Inc Baltimore, MD | $1,079,475,766 | $597,196,319 |
Greater Baltimore Medical Center Baltimore, MD | $707,278,041 | $540,688,804 |
Union Memorial Hospital Baltimore, MD | $246,794,667 | $463,660,002 |
Lucy Webb Haynes National Training School For Deaconesses And Mission Washington, DC | $1,473,123,330 | $556,069,368 |
Johns Hopkins Medical Services Corporation Baltimore, MD | $2,611,194 | $455,523,526 |
Sentara Rmh Medical Center Norfolk, VA | $254,053,067 | $480,799,491 |