Longmont United Hospital
- Assets
- $214.2m
- Revenue
- $134.7m
- Investments
- $43.7m
- Employees
- 0
- Location
- Longmont, CO
- Founding
- 06/1963
- Data as of
- 06/2021
- 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 06/2021, Centura Longmont United Hospital generated $134.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (5.5%) each year. All expenses for the organization totaled $123.8m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (7.5%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Centura Longmont United Hospital has awarded 39 individual grants totaling $1,072,261. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
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:
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; CEO Mercy Regional Medical Center | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Longmont Hospitalist Group Pllc Medical Services | 6/29/21 | $976,409 |
Surgical Specialists Of Colorado Medical Directorship | 6/29/21 | $751,683 |
Boulder Neurosurgical Assoc Physician Services | 6/29/21 | $622,200 |
Usacs Of Colorado Inc Medical Directorship | 6/29/21 | $712,073 |
All Star Recruiting Locums Llc Locum Services | 6/29/21 | $552,219 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $5,025,479 |
| 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 | $5,025,479 |
| Total Program Service Revenue | $117,708,303 |
| Investment income | $10,690,460 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$29,277 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $134,718,375 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $97,170 |
| 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. | $644,362 |
| Compensation of current officers, directors, key employees. | $96,654 |
| Compensation to disqualified persons | $428,215 |
| Other salaries and wages | $40,782,616 |
| Pension plan accruals and contributions | $1,881,519 |
| Other employee benefits | $4,887,749 |
| Payroll taxes | $3,040,954 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $35,114 |
| Fees for services: Accounting | $517,761 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $19,793,262 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,509,310 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $3,716,993 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $12,189,610 |
| Insurance | $1,018,072 |
| All other expenses | $5,165,015 |
| Total functional expenses | $123,834,358 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $19,428,450 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $19,350,808 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $286,163 |
| Inventories for sale or use | $5,751,581 |
| Prepaid expenses and deferred charges | $736,635 |
| Net Land, buildings, and equipment | $121,689,172 |
| Investments—publicly traded securities | $1,037,989 |
| Investments—other securities | $43,658,760 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,264,276 |
| Total assets | $214,203,834 |
| Accounts payable and accrued expenses | $27,912,565 |
| 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 | $65,441,605 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $15,469,122 |
| Total liabilities | $108,823,292 |
| Net assets without donor restrictions | $105,229,622 |
| 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 | $214,203,834 |
Grants Awarded
Over the last fiscal year, Longmont United Hospital has awarded $84,170 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
Longmont, CO PURPOSE: 2nd half FY20 Gift shop Contribution to Foundation | $36,170 |
Longmont, CO PURPOSE: Community Engagement | $13,000 |
Longmont, CO PURPOSE: Community Engagement - 2020 Sunrise Stampede Diamond Presenting Sponsor | $10,000 |
Longmont, CO PURPOSE: Community Engagement -Celebrare HOPE Sponsor | $10,000 |
Longmont, CO PURPOSE: Community Engagement - Justin Parker Neurological Institute $7500 sponsorship of 10/30/21 Annual Symposium | $7,500 |
Boulder, CO PURPOSE: Community Engagement | $7,500 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Longmont United Hospital has recieved totaling $389,732.
| Awarding Organization | Amount |
|---|---|
Longmont United Hospital Foundation Longmont, CO PURPOSE: TO IMPROVE THE HOSPITAL ENVIRONMENT | $389,732 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Integris Baptist Medical Center Inc Oklahoma City, OK | $2,058,378,701 | $1,074,971,636 |
Scl Health - Front Range Inc Broomfield, CO | $769,910,245 | $929,785,452 |
Stormont-Vail Healthcare Inc Topeka, KS | $1,007,583,672 | $817,729,703 |
Bryan Medical Center Lincoln, NE | $1,105,625,709 | $861,679,038 |
Tucson Medical Center Tucson, AZ | $695,529,192 | $712,683,954 |
Poudre Valley Health Care Inc Fort Collins, CO | $9,383,080,918 | $1,025,348,780 |
Mercy Hospital Oklahoma City Inc Oklahoma City, OK | $541,395,814 | $646,607,785 |
Saint Joseph Hospital Denver, CO | $893,189,330 | $616,289,311 |
Parkview Medical Center Inc Pueblo, CO | $566,853,494 | $573,603,655 |
Nebraska Methodist Hospital Omaha, NE | $1,027,583,192 | $637,277,838 |
Shawnee Mission Medical Center Inc Shawnee Mission, KS | $1,015,503,411 | $556,228,590 |
St Vincent Hospital Santa Fe, NM | $723,865,521 | $490,943,135 |