Hospital Auxilio Mutuo Inc
- Assets
- $176.1m
- Revenue
- $260.7m
- Investments
- $0.0
- Employees
- 1,950
- Location
- San Juan, PR
- Founding
- 12/1994
- Data as of
- 09/2023
- EIN
- 66-0486907
Organization Overview
Hospital Auxilio Mutuo Inc is located in San Juan, PR. The organization was established in 1994. 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 09/2023, Hospital Auxilio Mutuo Inc employed 1,950 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hospital Auxilio Mutuo 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 09/2023, Hospital Auxilio Mutuo Inc generated $260.7m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $253.4m during the year ending 09/2023. While expenses have increased by 1.1% 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
THE HOSPITAL'S PRIMARY MISSION IS TO MEET THE HEALTH CARE NEEDS IN ITS MARKET AREA THROUGH A BROAD RANGE OF GENERAL AND SPECIALIZED HEALTH CARE SERVICES, INCLUDING IN PATIENT ACUTE CARE, OUTPATIENT SERVICES, AND OTHER HEALTH CARE SERVICES. ACTIVITIES DIRECTLY ASSOCIATED WITH THE FURTHERANCE OF THIS PURPOSE ARE CONSIDERED TO BE OPERATING ACTIVITIES. THE HOSPITAL IS A NON-FOR-PROFIT CORPORATION INCORPORATED UNDER THE LAWS OF THE COMMONWEALTH OF PUERTO RICO ON APRIL 29, 1992.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOR THE YEAR ENDED SEPTEMBER 30, 2023, HOSPITAL INPATIENT ADMISSIONS WERE 18,009. PATIENT DAYS AMOUNTED TO 115,742.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Angel Cocero Snchez President | Trustee | $0 | |
Juan M Alvarez Carta Vice-Preside | Trustee | $0 | |
Ramn Delgado Ruibal Secretary | Trustee | $0 | |
Luis E Cid Abradelo Treasurer | Trustee | $0 | |
Rosa Betancourt Santiago DE Prez Vowels | Trustee | $0 | |
Nilsa I Rodriguez Matorell Vowels | Trustee | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
All Scripts Information Sys | 9/29/23 | $4,359,773 |
Er Specialized Care Llc Medical Service | 9/29/23 | $4,181,960 |
Banco De Sangre Blood Services | 9/29/23 | $3,960,540 |
Nutritional Care Food Services | 9/29/23 | $3,907,175 |
North Janitorial Cleaning Servic | 9/29/23 | $2,449,950 |
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 | $246,596,453 |
| Investment income | $700,491 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $1,755,925 |
| Net Gain/Loss on Asset Sales | $217,301 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $260,682,612 |
| 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 | $82,919,973 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $5,208,194 |
| Payroll taxes | $8,063,611 |
| 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 | $24,761,993 |
| 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 | $208,135 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,988,520 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $253,418,995 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $29,829,691 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $41,621,393 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $2,630,048 |
| Prepaid expenses and deferred charges | $2,404,275 |
| Net Land, buildings, and equipment | $36,264,408 |
| Investments—publicly traded securities | $17,873,924 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $45,462,226 |
| Total assets | $176,085,965 |
| Accounts payable and accrued expenses | $48,488,953 |
| 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 | $50,160,747 |
| Total liabilities | $98,649,700 |
| Net assets without donor restrictions | $77,436,265 |
| 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 | $176,085,965 |
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 |