Jewish Hospital & St Marys Healthcare Inc
- Assets
- $14.5m
- Revenue
- $1.9m
- Investments
- $0.0
- Employees
- 272
- Location
- Lexington, KY
- Founding
- 04/1984
- Data as of
- 06/2022
- EIN
- 61-1029768
Organization Overview
Jewish Hospital & St Marys Healthcare Inc is located in Lexington, KY. The organization was established in 1984. 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 06/2022, Jewish Hospital & St Marys Healthcare Inc employed 272 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jewish Hospital & St Marys 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 06/2022, Jewish Hospital & St Marys Healthcare Inc generated $1.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (58.0%) each year. All expenses for the organization totaled $110.7k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (72.2%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Jewish Hospital & St Marys Healthcare Inc has awarded 45 individual grants totaling $6,259,482. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO BE THE PREMIER, INTEGRATED, COMPREHENSIVE HEALTH SYSTEM IN THE COMMUNITY PROVIDING HIGH QUALITY CARE CLOSE TO HOME, REDUCING THE INCIDENCE OF DISEASE AND ELIMINATING INEQUITIES IN ACCESS TO CARE. THE ASSETS OF JEWISH HOSPITAL & ST. MARY'S HEALTHCARE, INC.(JHSMH) WERE SOLD TO THE UNIVERSITY OF LOUISVILLE ON OCTOBER 31, 2019.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MAJORITY OF THIS ENTITY WAS DIVESTED ON NOVEMBER 1, 2019. ALL HOSPITAL RELATED OPERATIONS CEASED. THE REMAINING COMPONENT OF THIS ENTITY IS CLINICALLY INTEGRATED NETWORK.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ron Waldridge MD Former Hce | 0 | $203,585 | |
Ryan Crowdis Sys Manager Clinical Pharmacy | 50 | $136,590 | |
Michael Milanoski Supervisor Rehab Therapy Services | 5 | $777 | |
Larry Schumacher Director/svp-Operations-Ceo | OfficerTrustee | 5 | $0 |
Martha Jones Chair | OfficerTrustee | 1 | $0 |
Mary-Alicha Weldon Vice Chair | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Amn Healthcare Temporary Medical Staffing | 6/29/20 | $8,504,291 |
University Of Louisville Hospital Medical Services | 6/29/20 | $6,628,582 |
University Of Louisville Physicians Medical Services | 6/29/20 | $5,075,231 |
G4s Secure Solutions Usa Inc Security Services | 6/29/20 | $3,408,740 |
Louisville Surgical Associates Er Physician Support | 6/29/20 | $2,469,498 |
University Of Louisville Hospital Medical Services | 6/29/20 | $6,628,582 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| 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 | $0 |
| Total Program Service Revenue | $1,566,712 |
| Investment income | $87,462 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $201,134 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,934,780 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $25,818 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $15,993 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $29,419 |
| Advertising and promotion | $0 |
| Office expenses | $22,642 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $67 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $110,700 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $645,062 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,065,082 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $4,275,491 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $8,508,181 |
| Total assets | $14,493,816 |
| Accounts payable and accrued expenses | $1,832,053 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| 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 | $2,495,671 |
| Total liabilities | $4,327,724 |
| Net assets without donor restrictions | $5,233,599 |
| Net assets with donor restrictions | $4,932,493 |
| 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 | $14,493,816 |
Grants Awarded
Over the last fiscal year, Jewish Hospital & St Marys Healthcare Inc has awarded $340,670 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Louisville, KY PURPOSE: GENERAL SUPPORT | $152,830 |
Louisville, KY PURPOSE: GENERAL SUPPORT | $152,830 |
Louisville, KY PURPOSE: GENERAL SUPPORT | $17,505 |
Louisville, KY PURPOSE: GENERAL SUPPORT | $17,505 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Jewish Hospital & St Marys Healthcare Inc has recieved totaling $5.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Endowment Analysis
| Beg. Balance | $4,748,902 |
| Earnings | -$378,279 |
| Other Expense | $95,133 |
| Ending Balance | $4,275,490 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jackson Park Hospital Foundation Chicago, IL | $132,629,667 | $107,987,360 |
St Margarets Health Spring Valley Spring Valley, IL | $107,727,640 | $91,881,221 |
Northwest Memorial Healthcare Chicago, IL | $480,593,285 | $82,724,469 |
Bon Secours - St Francis Medical Center Inc Center Inc Richmond, VA | $0 | $100,867,544 |
Cumberland Medical Center Inc Knoxville, TN | $90,595,447 | $102,035,662 |
Thorek Memorial Hospital Chicago, IL | $512,859,760 | $127,922,496 |
St Lukes Des Peres Episcopal-Presbyterian Hospital Chesterfield, MO | $97,618,886 | $86,507,537 |
Ascension Via Christi Hospital Manhattan Inc St Louis, MO | $74,708,914 | $108,962,150 |
Halifax Regional Hospital Inc Norfolk, VA | $49,612,708 | $85,918,796 |
Bay Park Community Hospital Toledo, OH | $58,778,879 | $103,810,079 |
Loretto Hospital Chicago, IL | $32,559,170 | $88,416,844 |
Shore Health Services Inc Newport News, VA | $73,414,092 | $98,574,947 |