Mennonite General Hospital Inc
- Assets
- $720.1m
- Revenue
- $344.6m
- Investments
- $0.0
- Employees
- 2,414
- Location
- Cidra, PR
- Founding
- 11/1977
- Data as of
- 03/2023
- EIN
- 66-0219758
Organization Overview
Mennonite General Hospital Inc is located in Cidra, PR. The organization was established in 1977. 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 03/2023, Mennonite General Hospital Inc employed 2,414 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mennonite General 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 03/2023, Mennonite General Hospital Inc generated $344.6m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.2% each year. All expenses for the organization totaled $269.7m during the year ending 03/2023. While expenses have increased by 5.0% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE TO THE COMMUNITY INTEGRATED AND EXCELLENT HEALTH CARE SERVICES IN A WARMTH ATMOSPHERE, WITHOUT DISCRIMINATION OF RACE, COLOR, SEX, RELIGION, POLITICAL BELIEF, NATIONALITY, AGE OR DISABILITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PATIENT CARE- THE HOSPITAL PROVIDES GENERAL HEALTH CARE SERVICES TO PATIENTS WITHIN ITS GEOGRAPHICAL LOCATION. EXPENSES INCLUDE HEALTH CARE AND GENERAL AND ADMINISTRATIVE. MEDICAL EXPENSE ASSISTANCE- THE HOSPITAL PROVIDES CHARITY CARE WITHOUT CHARGE OF AN AMOUNT LESS THAN ESTABLISHED RATIOS TO PATIENTS WHO MEET CERTAIN CRITERIA. CHARGES FORGONE BASED ON STANDARD RATES.
PATIENT CARE- THE HOSPITAL PROVIDES GENERAL HEALTH CARE SERVICES TO PATIENTS WITHIN ITS GEOGRAPHICAL LOCATION. EXPENSES INCLUDES HEALTH CARE AND GENERAL AND ADMINISTRATIVE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jose E Solivan Rivera Aceo | Officer | 40 | $427,963 |
Ruben Norat Roig COO | Officer | 40 | $365,667 |
Ricardo Hernandez Rivera CEO | Officer | 40 | $653,564 |
Daniza Morales Berrios Cio | Officer | 40 | $171,876 |
Alexander Gonzalez Engi. Direct | Officer | 40 | $162,634 |
Myriam Aguilu Cartagena Marketing Di | Officer | 40 | $164,533 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
South-central Emergency Group Llc Health Services | 3/30/23 | $4,004,891 |
Intermedic Medical Services Psc Medical Service | 3/30/23 | $5,436,500 |
Spmrad Group Psc Medical Service | 3/30/23 | $3,873,393 |
Hospital Radiology Services Radiology | 3/30/23 | $3,343,654 |
Pediatrics Professionals Csp Medical Service | 3/30/23 | $3,331,380 |
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 | $287,244,639 |
| Investment income | $2,223,644 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $199,019 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $344,597,095 |
| 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. | $5,193,223 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $59,451,003 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $33,939,798 |
| Payroll taxes | $0 |
| 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 | $51,964,454 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| 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 | $0 |
| Interest | $4,994,158 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $11,021,392 |
| Insurance | $2,826,458 |
| All other expenses | $887,665 |
| Total functional expenses | $269,723,513 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $52,781,045 |
| Savings and temporary cash investments | $213,099 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $60,899,671 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $4,463,069 |
| Prepaid expenses and deferred charges | $2,178,076 |
| Net Land, buildings, and equipment | $119,636,011 |
| Investments—publicly traded securities | $57,543,163 |
| Investments—other securities | $0 |
| Investments—program-related | $14,884,483 |
| Intangible assets | $471,372 |
| Other assets | $407,075,444 |
| Total assets | $720,145,433 |
| Accounts payable and accrued expenses | $45,411,276 |
| Grants payable | $0 |
| Deferred revenue | $160,344 |
| 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 | $92,482,685 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $41,839,879 |
| Total liabilities | $179,894,184 |
| Net assets without donor restrictions | $540,251,249 |
| 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 | $720,145,433 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mennonite General Hospital Inc Cidra, PR | $720,145,433 | $344,597,095 |
Hospital Auxilio Mutuo Inc San Juan, PR | $176,085,965 | $260,682,612 |
Hospital De La Concepcion Inc San German, PR | $103,342,046 | $94,733,146 |
Ryder Memorial Hospital Inc Humacao, PR | $29,823,478 | $50,065,682 |
Sociedad Espanola De Auxilio Mutuo Y Beneficencia De Puerto Rico San Juan, PR | $224,233,502 | $43,031,376 |
Hospital General De Castaner Inc Castaner, PR | $38,753,442 | $34,006,521 |
Hospital San Carlos Incorporado Moca, PR | $17,992,418 | $24,009,861 |
Liga Puertorriquena Contra El Cancer San Juan, PR | $42,991,312 | $25,120,171 |
Steven Anthony Childrens Hospital Ponce, PR | $1,837 | $0 |