Longmont United Hospital
- Assets
- $199.8m
- Revenue
- $126.4m
- Investments
- $49.0m
- Employees
- 0
- Location
- Longmont, CO
- Founding
- 06/1963
- Data as of
- 06/2022
- EIN
- 84-0460697
Organization Overview
Longmont United Hospital, operating under the name Centura Longmont United Hospital, is located in Longmont, CO. The organization was established in 1963. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Centura Longmont United Hospital 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 06/2022, Centura Longmont United Hospital generated $126.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.6%) each year. All expenses for the organization totaled $141.8m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (4.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Centura Longmont United Hospital has awarded 34 individual grants totaling $926,043. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
DEDICATED TO IMPROVING THE HEALTH OF OUR PATIENTS AND THE COMMUNITIES WE SERVE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AT LONGMONT UNITED HOSPITAL, WE ARE COMMITTED TO PROVIDING BOTH COMPASSIONATE HEALTH CARE IN A HEALING ENVIRONMENT AND LEADERSHIP TO IMPROVE THE HEALTH OF THE COMMUNITY WE SERVE. WE ARE A FULL-SERVICE, NONPROFIT HOSPITAL. OUR SPECIALTY AREAS INCLUDE WOMEN'S SERVICES, ORTHOPEDICS, CARDIOLOGY, ONCOLOGY, ROBOTIC SURGERY, ACUTE MEDICAL SERVICES. OUR 24-HOUR EMERGENCY DEPARTMENT IS A LEVEL III TRAUMA CENTER. LONGMONT UNITED HOSPITAL IS A PLANETREE PATIENT-CENTERED CARE DESIGNATED HOSPITAL IN NORTHERN COLORADO. WE HAVE SERVED THE PEOPLE OF LONGMONT, COLORADO FOR MORE THAN FIVE DECADES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Ex-Officio; President & CEO (until Sept 2021) | OfficerTrustee | 45 | $525,749 |
Name Not Listed Vice Chair | OfficerTrustee | 1 | $0 |
Name Not Listed Chair | OfficerTrustee | 1 | $0 |
Name Not Listed Board Member | Trustee | 1 | $0 |
Name Not Listed Board Member | Trustee | 1 | $0 |
Name Not Listed Board Member (until Jan 2022) | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Usacs Of Colorado Inc Medical Directorship | 6/29/22 | $1,206,636 |
Surgical Specialists Of Colorado Medical Directorship | 6/29/22 | $996,862 |
All Star Recruiting Locums Llc Locum Services | 6/29/22 | $1,164,517 |
Peak Gastroenterology Physician Services | 6/29/22 | $645,893 |
Boulder Neurosurgical Assoc Physician Services | 6/29/22 | $620,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,944,086 |
| All other contributions, gifts, grants, and similar amounts not included above | $58,881 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,002,967 |
| Total Program Service Revenue | $120,225,976 |
| Investment income | $2,777,352 |
| 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 | $126,393,062 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $82,520 |
| 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 | $42,446,238 |
| Pension plan accruals and contributions | $2,084,981 |
| Other employee benefits | $4,939,234 |
| Payroll taxes | $2,871,036 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,142 |
| Fees for services: Accounting | $877,814 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $29,871,862 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,789,980 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $8,162,091 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $11,878,379 |
| Insurance | $717,322 |
| All other expenses | $3,881,130 |
| Total functional expenses | $141,807,509 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,597,158 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $19,648,433 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $385,972 |
| Inventories for sale or use | $6,045,798 |
| Prepaid expenses and deferred charges | $418,905 |
| Net Land, buildings, and equipment | $113,573,755 |
| Investments—publicly traded securities | $1,040,131 |
| Investments—other securities | $48,954,251 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,180,535 |
| Total assets | $199,844,938 |
| Accounts payable and accrued expenses | $20,682,153 |
| 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 | $60,563,969 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $8,655,723 |
| Total liabilities | $89,901,845 |
| Net assets without donor restrictions | $109,792,173 |
| Net assets with donor restrictions | $150,920 |
| 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 | $199,844,938 |
Grants Awarded
Over the last fiscal year, Longmont United Hospital has awarded $56,954 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
LONGMONT UNITED HOSPITAL FOUND PURPOSE: General Support | $21,179 |
HOPE PURPOSE: General Support | $10,000 |
A WOMANS WORK LLC PURPOSE: General Support | $7,500 |
LONGMONT MEALS ON WHEELS PURPOSE: General Support | $8,275 |
EDUCATION FOUNDATION FOR THE PURPOSE: General Support | $10,000 |