Hospital Menonita Humacao Inc
- Assets
- $66.7m
- Revenue
- $54.3m
- Investments
- $0.0
- Employees
- 319
- Location
- Cidra, PR
- Founding
- Data as of
- 03/2023
- EIN
- 66-0938154
Organization Overview
Hospital Menonita Humacao Inc is located in Cidra, PR. According to its NTEE Classification (E20) the organization is classified as: Hospitals, under the broad grouping of Health Care and related organizations. As of 03/2023, Hospital Menonita Humacao Inc employed 319 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hospital Menonita Humacao 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, Hospital Menonita Humacao Inc generated $54.3m in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 13.6% each year . All expenses for the organization totaled $36.5m during the year ending 03/2023. While expenses have increased by 15.7% per year over the past 2 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 COMPETENT, INNOVATIVE AND ACCESIBLE EMERGENCY AND ACUTE CARE HEALTH SERVICES OF EXCELLENCE TO THE RESIDENTS OF THE MUNICIPALITY OF HUMACAO AND SURROUNDING COMMUNITIES IN AN ENVIRONMENT FULL OF HUMAN WARMTH, WITHOUT DISCRIMINATION FOR RACE, COLOR, SEX, RELIGION, POLITICS, NATIONALITY, AGE OR IMPEDIMENT.
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.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Pedro L Diaz Vazquez Administrato | Officer | 40 | $140,106 |
Noritz Caraballo Rodriguez Pharmacy Dir | Officer | 40 | $97,861 |
Damarilys Del Valle Del Valle Finance Dir. | Officer | 40 | $91,841 |
Myrna Manautou Hernandez Nursing Dire | Officer | 40 | $59,527 |
Antonio L Santiago Morales Eng. Directo | Officer | 40 | $51,427 |
Juan Soto Torres Hr Director | Officer | 40 | $48,600 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
South-central Emergency Group Llc Er Dept Adminis | 3/30/23 | $2,212,965 |
Cj Imaging Services Psc Images Interpre | 3/30/23 | $1,160,394 |
Desarrollos Metropolitanos Construction | 3/30/23 | $617,393 |
Ja Anesthesia Llc Anesthesia Serv | 3/30/23 | $860,000 |
Excell Diet & Caf. Adm | 3/30/23 | $478,649 |
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 | $53,115,761 |
| Investment income | $296,325 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $147,665 |
| Net Gain/Loss on Asset Sales | $90,341 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $54,296,313 |
| 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. | $785,484 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $8,389,258 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $3,707,378 |
| Payroll taxes | $784,244 |
| 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 | $8,914,958 |
| 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 | $25,666 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,642,386 |
| Insurance | $341,223 |
| All other expenses | $0 |
| Total functional expenses | $36,490,836 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $12,145,118 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $10,978,000 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $853,230 |
| Prepaid expenses and deferred charges | $246,055 |
| Net Land, buildings, and equipment | $20,101,830 |
| Investments—publicly traded securities | $20,148,361 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,271,439 |
| Total assets | $66,744,033 |
| Accounts payable and accrued expenses | $5,745,645 |
| 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 | $3,073,066 |
| Total liabilities | $8,818,711 |
| Net assets without donor restrictions | $57,925,322 |
| 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 | $66,744,033 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hospital Menonita Caguas Inc Cidra, PR | $182,286,156 | $118,868,748 |
Hospital Damas Inc Ponce, PR | $64,334,501 | $71,887,197 |
Presbyterian Community Hospital Inc San Juan, PR | $48,684,836 | $68,591,066 |
Hospital Menonita Guayama Inc Cidra, PR | $185,781,892 | $93,481,825 |
Servicios Medicos Universitarios Inc Carolina, PR | $48,189,791 | $60,009,551 |
Hospital Menonita Humacao Inc Cidra, PR | $66,744,033 | $54,296,313 |
Hospital Comunitario Buen Samaritano Inc Aguadilla, PR | $30,794,389 | $32,589,797 |
Corporacion De Salud Asegurada Por Nuestra Organizacion Solidaria Inc Caguas, PR | $9,387,050 | $34,137,748 |
Prymed Medical Care Inc Ciales, PR | $34,845,400 | $33,859,514 |
Asociacion Hospital Del Maestro Inc San Juan, PR | $4,911,537 | $19,921,107 |
Corporacion De Servicios De Salud Y Desarrollo Socioeconomico El Otoao Utuado, PR | $331,196 | $506,748 |
Cbv Management Manati, PR | $146,619 | $0 |