Presbyterian Community Hospital Inc
- Assets
- $49.4m
- Revenue
- $70.9m
- Investments
- $0.0
- Employees
- 795
- Location
- San Juan, PR
- Founding
- 05/1949
- Data as of
- 06/2021
- EIN
- 66-0177824
Organization Overview
Presbyterian Community Hospital Inc is located in San Juan, PR. The organization was established in 1949. According to its NTEE Classification (E20) the organization is classified as: Hospitals, under the broad grouping of Health Care and related organizations. As of 06/2021, Presbyterian Community Hospital Inc employed 795 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Presbyterian Community Hospital 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, Presbyterian Community Hospital Inc generated $70.9m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.5%) each year. All expenses for the organization totaled $63.1m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (3.4%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PRESBYTERIAN COMMUNITY HOSPITAL'S MISSION IS TO SERVE TO THE COMMUNITY IN THE FIELD OF HEALTH CARE SERVICES BY OPERATING AN ACUTE CARE HOSPITAL FACILITY CONSISTING OF 207 BEDS LOCATED IN SAN JUAN, PR.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRESBYTERIAN COMMUNITY HOSPITAL, INC. WAS ORGANIZED AS NON-FOR-PROFIT CORPORATION UNDER THE LAWS OF PUERTO RICO TO SERVE THE COMMUNITY IN THE FIELD OF HEALTH CARE SERVICES. THE CORPORATION DOES BUSINESS AS ASHFORD PRESBYTERIAN COMMUNITY HOSPITAL, AND OPERATES AN ACUTE CARE HOSPITAL FACILITY CONSISTING OF 207 BEDS LOCATED IN THE MUNICIPALITY OF SAN JUAN. THE HOSPITAL PROVIDES SERVICES PRINCIPALLY TO RESIDENTS OF PUERTO RICO.
PRESBYTERIAN COMMUNITY HOSPITAL, INC. WAS ORGANIZED AS NON-FOR-PROFIT CORPORATION UNDER THE LAWS OF PUERTO RICO TO SERVE THE COMMUNITY IN THE FIELD OF HEALTH CARE SERVICES. THE CORPORATION DOES BUSINESS AS ASHFORD PRESBYTERIAN COMMUNITY HOSPITAL, AND OPERATES AN ACUTE CARE HOSPITAL FACILITY CONSISTING OF 207 BEDS LOCATED IN THE MUNICIPALITY OF SAN JUAN. THE HOSPITAL PROVIDES SERVICES PRINCIPALLY TO RESIDENTS OF PUERTO RICO.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Pedro J Gonzalez Cruz Executive Di | Officer | 14.1 | $221,773 |
Domingo Cruz Vivaldi Finance | 32.28 | $174,968 | |
Jose I Marrero Rosado Finance | Officer | 36.71 | $135,289 |
Obdulia Medina Rivera Administrati | Officer | 40.31 | $120,037 |
Itza Soto Silva Administrati | Officer | 42.46 | $110,848 |
Blanca Santana Rivera Administrati | Officer | 42.46 | $93,349 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Pediatrix Medical Group Er Physicians | 6/29/21 | $2,545,423 |
National Building Maintenance Corp Maintenance | 6/29/21 | $1,408,115 |
Cadillac Uniform & Linen-supply Laundry Service | 6/29/21 | $704,013 |
Cps Solutions Llc Pharmacy | 6/29/21 | $2,726,524 |
One Corps Security Solutions Inc Security | 6/29/21 | $760,592 |
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 | $57,270,410 |
| Investment income | $14,130 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $39,011 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $70,919,559 |
| 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. | $1,269,198 |
| Compensation of current officers, directors, key employees. | $1,190,329 |
| Compensation to disqualified persons | $197,402 |
| Other salaries and wages | $17,968,698 |
| Pension plan accruals and contributions | $176,462 |
| Other employee benefits | $3,081,872 |
| Payroll taxes | $1,553,675 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $187,858 |
| Fees for services: Accounting | $110,496 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $5,931,486 |
| Advertising and promotion | $123,438 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $323,816 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $614,078 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,683,300 |
| Insurance | $2,132,682 |
| All other expenses | $1,033,158 |
| Total functional expenses | $63,135,171 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,129,471 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $10,335,287 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $921,519 |
| Prepaid expenses and deferred charges | $1,553,445 |
| Net Land, buildings, and equipment | $23,447,266 |
| Investments—publicly traded securities | $250,244 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,769,298 |
| Total assets | $49,406,530 |
| Accounts payable and accrued expenses | $13,189,679 |
| Grants payable | $0 |
| Deferred revenue | $749,924 |
| 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 | $16,557,771 |
| Other liabilities | $12,347,000 |
| Total liabilities | $42,844,374 |
| Net assets without donor restrictions | $6,562,156 |
| Net assets with donor restrictions | $0 |
| 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 | $49,406,530 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Presbyterian Community Hospital Inc has recieved totaling $156,748.
| Awarding Organization | Amount |
|---|---|
Puerto Rico Community Foundation Inc San Juan, PR PURPOSE: Donativo al Hospital para operaciones durante el COVID 19 | $151,748 |
Major League Baseball Players Tr New York, NY PURPOSE: GENERAL CONTRIBUTION FOR DONEE'S CHARITABLE PURPOSE | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hospital Damas Inc Ponce, PR | $56,244,610 | $73,414,103 |
Presbyterian Community Hospital Inc San Juan, PR | $49,406,530 | $70,919,559 |
Servicios Medicos Universitarios Inc Carolina, PR | $58,931,826 | $67,665,050 |
Hospital Comunitario Buen Samaritano Inc Aguadilla, PR | $31,760,434 | $38,349,511 |
Corporacion De Salud Asegurada Por Nuestra Organizacion Solidaria Inc Caguas, PR | $6,489,197 | $29,161,147 |
Prymed Medical Care Inc Ciales, PR | $28,191,728 | $26,524,539 |
Cbv Management Manati, PR | $271,560 | $1,095,819 |
Corp De Servicios De Salud Y Desarrollo Socioeconomico Del Otoa Florida, PR | $250,954 | $206,899 |
Centro Ambulatorio De Desintoxicacion Y Enlace De Pr Inc Mercedita, PR | $36,381 | $0 |