Uofl Health-Louisville Inc
- Assets
- $577.1m
- Revenue
- $950.0m
- Investments
- $0.0
- Employees
- 0
- Location
- Louisville, KY
- Founding
- Data as of
- 06/2021
- EIN
- 84-3178470
Organization Overview
Uofl Health-Louisville Inc is located in Louisville, KY. 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. Uofl Health-Louisville 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 06/2021, Uofl Health-Louisville Inc generated $950.0m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 20.8% each year . All expenses for the organization totaled $804.4m during the year ending 06/2021. While expenses have increased by 22.7% per year over the past 3 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.
Since 2021, Uofl Health-Louisville Inc has awarded 20 individual grants totaling $3,519,972. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO OPERATE AND MAINTAIN HOSPITALS AFFILIATED WITH THE UNIVERSITY OF LOUISVILLE SCHOOL OF MEDICINE AND TO PROVIDE CARE FOR THE PEOPLE WHO ARE IN NEED OF THOSE, OR RELATED, MEDICAL SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
UOFL HEALTH LOUISVILLE, INC. OPERATES FOUR HOSPITALS IN THE LOUISVILLE METROPOLITAN AREA, EACH OFFERING UNIQUE AND VITAL SERVICES TO CORPORATION'S COMMUNITY OF JEFFERSON COUNTY, KENTUCKY. UOFL HEALTH JEWISH HOSPITAL ("JEWISH HOSPITAL") OPERATES A 462-LICENSED BED HOSPITAL THAT IS KNOWN FOR ITS MANY GROUNDBREAKING SERVICES, WHICH INCLUDE BEING THE SITE OF THE NATION'S FIRST FOUR HAND TRANSPLANTS. JEWISH HOSPITAL, IS AN INTERNATIONALLY RENOWNED, HIGH-TECH TERTIARY REFERRAL CENTER, DEVELOPING LEADING-EDGE ADVANCEMENTS IN HAND AND MICROSURGERY, HEART AND LUNG CARE, ORTHOPEDICS, AND SPORTS MEDICINE, NEUROSCIENCE, ORGAN TRANSPLANTATION AND OUTPATIENT CARE. THE HOSPITAL IS THE SITE OF THE WORLD'S FIRST SUCCESSFUL HAND TRANSPLANT AND ABIOCOR IMPLANTABLE REPLACEMENT HEART PROCEDURES, IN ADDITION TO THE FIRST TRIAL OF ADULT CARDIAC STEM CELLS IN CHRONIC HEART FAILURE. UOFL HEALTH PEACE HOSPITAL ("PEACE HOSPITAL") IS A 220-LICENSED BED BEHAVIORAL HEALTH CARE HOSPITAL THAT OFFERS A FULL CONTINUUM OF BEHAVIORAL HEALTH AND SUBSTANCE USE SERVICES, AS WELL AS SPECIALTY PROGRAMS FOR BOTH CHILDREN AND ADULTS WHO HAVE COMPLEX TREATMENT NEEDS. IT'S KOSAIR CHARITIES CHILDREN'S PEACE CENTER IS THE LARGEST AND MOST COMPREHENSIVE PRIVATE PROVIDER OF YOUTH INPATIENT BEHAVIORAL HEALTH SERVICES IN THE COUNTRY. THE HOSPITAL WAS THE NATION'S FIRST BEHAVIORAL HEALTH CARE CENTER TO OPEN A RETAIL PHARMACIST OPERATED, LONG-ACTING INJECTION CLINIC. UOFL HEALTH MARY & ELIZABETH HOSPITAL ("MARY & ELIZABETH HOSPITAL") IS A 298-BED PRIMARY CARE HOSPITAL THAT OFFERS ADVANCE TREATMENT IN ORTHOPEDICS, CARDIOLOGY, MEDICAL IMAGING, SURGICAL AND EMERGENCY SERVICES, AND IS THE HOME OF THE REGION'S ONLY WEIGHT LOSS MANAGEMENT PROGRAM (BARIATRIC CARE) UTILIZING THE LAP-BAND SYSTEM. THE HOSPITAL HAS BEEN RECOGNIZED AS ONE OF THE FIRST HEALTH CARE FACILITIES IN THE NATION TO RECEIVE A BLUE DISTINCTION CENTER FOR BARIATRIC SURGERY. THE HOSPITAL PARTNERED WITH SISTER FACILITY, UOFL HEALTH PEACE HOSPITAL TO OPEN A VOLUNTARY INPATIENT MEDICAL DETOX UNIT AT MARY & ELIZABETH HOSPITAL TO CARE FOR PATIENTS WITH SUBSTANCE USE DISORDERS. MOST RECENTLY, CANCER & BLOOD SPECIALISTS, LOCATED ADJACENT TO THE MARY & ELIZABETH HOSPITAL CAMPUS, BECAME THE THIRD LOCATION OF UOFL HEALTH BROWN CANCER CENTER. UOFL HEALTH FRAZIER REHABILITATION INSTITUTE ("FRAZIER REHAB HOSPITAL"), OPERATES A 135-BED REHABILITATION HOSPITAL IN DOWNTOWN LOUISVILLE. FRAZIER REHAB INSTITUTE SERVICES INCLUDE NATIONALLY RECOGNIZED BRAIN INJURY, SPINAL CORD, AND STROKE RECOVERY REHAB PROGRAMS ACCREDITED BY THE COMMISSION ON ACCREDITATION FOR REHAB FACILITIES (CARF), WITH RESEARCH BEING CONDUCTED WITH THE UNIVERSITY OF LOUISVILLE. FRAZIER REHAB INSTITUTE CONTINUES TO BE A NATIONAL LEADER FOR REHABILITATION SERVICES, SUCH AS THE EMERGE PROGRAM, WHICH IS DESIGNED TO HELP PATIENTS WITH SEVERE TRAUMATIC BRAIN INJURIES AND WHO ARE AT LOW LEVELS OF CONSCIOUSNESS, AND LOCOMOTOR TRAINING FOR POST SPINAL CORD INJURY PATIENTS, WHICH ALLOWS FOR WEIGHT SUPPORT STANDING AND WALKING. UOFL HEALTH LOUISVILLE, INC. OFFERS 24/7 EMERGENCY CARE AT JEWISH HOSPITAL AND MARY & ELIZABETH HOSPITAL, AS WELL AS AT THREE MEDICAL CENTERS: MEDICAL CENTER EAST, MEDICAL CENTER SOUTH, AND MEDICAL CENTER SOUTHWEST. CORPORATION'S FACILITIES PARTICIPATE IN THE MEDICARE AND MEDICAID PROGRAMS. IN ADDITION TO THE ABOVE-MENTIONED NOTEWORTHY SERVICES THAT ARE PROVIDED AT THE HOSPITALS, UOFL HEALTH LOUISVILLE, INC. PROVIDES A WIDE RANGE OF OTHER INPATIENT AND OUTPATIENT HOSPITAL SERVICES THAT INCLUDE ORGAN TRANSPLANT PROCEDURES; DIABETES AND NUTRITION CARE; NEUROLOGY CARE; PODIATRY CARE; COMPREHENSIVE CARDIOVASCULAR CARE; NUMEROUS REHABILITATIVE AND PHYSICAL THERAPY SERVICES; ADVANCED TREATMENT IN ORTHOPEDICS; CARDIOLOGY; MEDICAL IMAGING; SURGICAL AND EMERGENCY SERVICES; DIAGNOSTICS AND MEDICAL IMAGING; DIGITAL MAMMOGRAPHY AND BREAST MRI; OUTPATIENT SURGICAL SERVICES (ENDOSCOPY, PODIATRY, OPHTHALMOLOGY, AND COMPREHENSIVE DENTISTRY); CANCER CARE; AND ORTHOPEDIC CARE, AMONG NUMEROUS OTHER SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Louann Atlas Chair | OfficerTrustee | 1 | $0 |
Louis I Waterman Vice Chair | OfficerTrustee | 1 | $0 |
Praveen Arla MD Member | Trustee | 1 | $0 |
Arthur Malkani MD Member | Trustee | 1 | $0 |
Richard A Schultz Member | Trustee | 1 | $0 |
Jeff Stidam MD Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $46,834,983 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $5,142,925 |
| Net Gain/Loss on Asset Sales | $4,151,076 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $950,019,808 |
| Statement of Expenses | |
|---|---|
| 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 to disqualified persons | $0 |
| Other salaries and wages | $275,656,576 |
| Pension plan accruals and contributions | $15,913,616 |
| Other employee benefits | $30,860,283 |
| Payroll taxes | $20,985,299 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,806,401 |
| Fees for services: Accounting | $200,038 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $152,855,100 |
| Advertising and promotion | $4,837,267 |
| Office expenses | $48,364,369 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $16,748,345 |
| Travel | $203,007 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $385,428 |
| Interest | $64,669 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $16,088,643 |
| Insurance | $6,667,315 |
| All other expenses | $0 |
| Total functional expenses | $804,436,350 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $12,885 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $24,657,742 |
| Accounts receivable, net | $178,321,242 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $28,913,314 |
| Prepaid expenses and deferred charges | $11,152,679 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $182,158,324 |
| Total assets | $577,142,236 |
| Accounts payable and accrued expenses | $81,397,906 |
| Grants payable | $0 |
| Deferred revenue | $73,823,063 |
| 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 | $35,000,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $83,483,792 |
| Total liabilities | $273,704,761 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $303,437,475 |
Grants Awarded
Over the last fiscal year, Uofl Health-Louisville Inc has awarded $3,347,972 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN HEART ASSOCIATION PURPOSE: PROGRAM SERVICES | $37,500 |
STATE OF KENTUCKY PURPOSE: PROGRAM SERVICES | $75,000 |
FIRST HOUR GRIEF RESPONSE INC PURPOSE: PROGRAM SERVICES | $15,000 |
TWISTED PINK INC PURPOSE: PROGRAM SERVICES | $20,000 |
GREATER LOUISVILLE SPORTS COMMISSION PURPOSE: PROGRAM SERVICES | $9,500 |
UNIVERSITY OF LOUISVILLE PURPOSE: OPERATIONAL SUPPORT OF THE UNIVERSITY | $3,175,972 |