Mennonite General Hospital Inc
- Assets
- $634.8m
- Revenue
- $328.3m
- Investments
- $0.0
- Employees
- 2,244
- Location
- Cidra, PR
- Founding
- 11/1977
- Data as of
- 03/2022
- 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 03/2022, Mennonite General Hospital Inc employed 2,244 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 03/2022, Mennonite General Hospital Inc generated $328.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.5% each year. All expenses for the organization totaled $240.3m during the year ending 03/2022. While expenses have increased by 4.0% per year over the past 7 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
2022
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 |
|---|---|---|---|
Kervin Arroyo Torres Medical Staf | Officer | 40 | $468,978 |
Ricardo Hernandez Rivera CEO | Officer | 40 | $444,768 |
David K Mehne Hazelwood Medical Staf | Officer | 40 | $443,850 |
Ruben Norat Roig COO | Officer | 40 | $441,220 |
Jose E Solivan Rivera Aceo | Officer | 40 | $437,863 |
Lymari Coln Coln CFO | Officer | 40 | $383,385 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Intermedic Medical Services Psc Medical Service | 3/30/22 | $4,125,350 |
South-central Emergency Group Llc Health Services | 3/30/22 | $3,980,400 |
Spmrad Group Psc Medical Service | 3/30/22 | $3,682,125 |
Hospital Radiology Services Radiology | 3/30/22 | $3,272,818 |
Perfect Cleaning Services Inc Maintenance | 3/30/22 | $2,254,860 |
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 | $255,024,946 |
| Investment income | $596,626 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $328,319,610 |
| 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. | $4,680,602 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $55,491,421 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $34,727,548 |
| 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 | $46,853,443 |
| 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 | $6,723,655 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $10,867,086 |
| Insurance | $2,796,470 |
| All other expenses | $522,730 |
| Total functional expenses | $240,346,903 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $123,728,503 |
| Savings and temporary cash investments | $213,051 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $56,412,226 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $4,097,270 |
| Prepaid expenses and deferred charges | $6,167,095 |
| Net Land, buildings, and equipment | $119,277,178 |
| Investments—publicly traded securities | $18,028,566 |
| Investments—other securities | $0 |
| Investments—program-related | $14,531,537 |
| Intangible assets | $471,372 |
| Other assets | $291,857,164 |
| Total assets | $634,783,962 |
| Accounts payable and accrued expenses | $38,452,196 |
| Grants payable | $0 |
| Deferred revenue | $616,778 |
| 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 | $97,017,161 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $32,549,912 |
| Total liabilities | $168,636,047 |
| Net assets without donor restrictions | $466,147,915 |
| 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 | $634,783,962 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Mennonite General Hospital Inc has recieved totaling $30,000.
| Awarding Organization | Amount |
|---|---|
Foundation For A Better Puerto Rico Inc Culebra, PR PURPOSE: Health Program | $30,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mennonite General Hospital Inc Cidra, PR | $634,783,962 | $328,319,610 |
Hospital Auxilio Mutuo Inc San Juan, PR | $176,439,422 | $234,721,184 |
Hospital De La Concepcion Inc San German, PR | $118,926,388 | $92,905,006 |
Ryder Memorial Hospital Inc Humacao, PR | $33,920,487 | $48,860,156 |
Sociedad Espanola De Auxilio Mutuo Y Beneficencia De Puerto Rico San Juan, PR | $207,394,856 | $42,942,928 |
Hospital San Carlos Incorporado Moca, PR | $19,822,154 | $27,495,424 |
Hospital General De Castaner Inc Castaner, PR | $34,642,602 | $28,347,686 |
Liga Puertorriquena Contra El Cancer San Juan, PR | $38,669,713 | $26,629,150 |