Penn State Health Hampden Medical Center
- Assets
- $315.2m
- Revenue
- $37.1m
- Investments
- $0.0
- Employees
- 418
- Location
- Hershey, PA
- Founding
- Data as of
- 06/2022
- EIN
- 85-1608328
Organization Overview
Penn State Health Hampden Medical Center is located in Hershey, PA. 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 06/2022, Penn State Health Hampden Medical Center employed 418 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Penn State Health Hampden Medical Center 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, Penn State Health Hampden Medical Center generated $37.1m in total revenue. All expenses for the organization totaled $105.6m during the year ending 06/2022. While expenses have increased by 267.5% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDES HEALTH SERVICES IN THE GREATER HARRISBURG AREA, SPECIFICALLY HAMPDEN TOWNSHIP, PA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPENED IN OCTOBER 2021, PENN STATE HEALTH HAMPDEN MEDICAL CENTER (PSHHMC) IS A 300,000-SQUARE-FOOT, THREE-STORY ACUTE CARE COMMUNITY HOSPITAL LOCATED IN HAMPDEN TOWNSHIP. HAMPDEN MEDICAL CENTER PROVIDES ACCESS TO WORLD-CLASS CARE FOR RESIDENTS OF CUMBERLAND, PERRY AND YORK COUNTIES AND SURROUNDING AREAS. IT WORKS TO CONTINUALLY IMPROVE THE HEALTH AND WELL-BEING OF PEOPLE IN PENNSYLVANIA BY PROVIDING EXCELLENT, COMPASSIONATE, CULTURALLY RESPONSIVE AND EQUITABLE CARE.THE ACUTE CARE MEDICAL CENTER FEATURES 110 PRIVATE, INPATIENT BEDS, PROVIDES 24/7 EMERGENCY CARE, (SEE SCHEDULE O)COMPLETE MEDICAL AND SURGICAL CARE, SPECIALTY INPATIENT SERVICES, WOMEN'S HEALTH, LABOR AND DELIVERY, AND IMAGING AND LAB SERVICES USING THE LATEST DIAGNOSTIC TECHNOLOGIES. IT FEATURES SIX OPERATING ROOMS, FOUR LABOR AND DELIVERY ROOMS, AND A WOMAN'S CLINIC OFFERING MAMMOGRAPHY SERVICES. AS PART OF THE PENN STATE HEALTH SYSTEM, HAMPDEN MEDICAL CENTER PROVIDES PATIENTS WITH COORDINATED ACCESS TO THE WORLD-CLASS EXPERTISE OF PENN STATE HEALTH MILTON S. HERSHEY MEDICAL CENTER AND PENN STATE HEALTH CHILDREN'S HOSPITAL IN HERSHEY. HAMPDEN MEDICAL CENTER ALSO WORKS CLOSELY WITH INDEPENDENT COMMUNITY PROVIDERS, PENN STATE HEALTH PHYSICIANS AND COMMUNITY PRACTICE PROVIDERS TO DELIVER THE BEST CARE POSSIBLE.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephen Massini Chair / Psh CEO | OfficerTrustee | 1 | $0 |
Paula Tinch Treas/dir/psh Cfo&evp | OfficerTrustee | 1 | $0 |
Thomas Stoessel Director (as Of 1/2022) / Psh Evp | Trustee | 1 | $0 |
Donald Mckenna President | OfficerTrustee | 47 | $696,188 |
Judith Hlafcsak Director / Psh Chief Of Staff | Trustee | 1 | $0 |
Deborah Addo Director (as Of 1/2022) / Psh COO | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Grant Thornton Llp Advisory Services | 6/29/22 | $838,055 |
West Shore Anesthesia Assoca Anesthesia Services | 6/29/22 | $367,155 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $335,899 |
| All other contributions, gifts, grants, and similar amounts not included above | $229,635 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $565,534 |
| Total Program Service Revenue | $36,368,384 |
| Investment income | $41 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $65,743 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $17,505 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $37,094,598 |
| 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. | $1,357,114 |
| Compensation of current officers, directors, key employees. | $702,403 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $25,524,122 |
| Pension plan accruals and contributions | $689,241 |
| Other employee benefits | $3,232,752 |
| Payroll taxes | $1,665,444 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $55,294 |
| 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 | $17,774,784 |
| Advertising and promotion | $0 |
| Office expenses | $4,051,906 |
| Information technology | $889,527 |
| Royalties | $0 |
| Occupancy | $1,377,689 |
| Travel | $5,856 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,763 |
| Interest | $9,022,900 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $17,818,905 |
| Insurance | $611,864 |
| All other expenses | -$57,901 |
| Total functional expenses | $105,615,244 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,159 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $7,815,424 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $4,646,806 |
| Prepaid expenses and deferred charges | $731,318 |
| Net Land, buildings, and equipment | $298,521,802 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,432,968 |
| Total assets | $315,150,477 |
| Accounts payable and accrued expenses | $6,284,176 |
| 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 | $388,282,302 |
| Total liabilities | $394,566,478 |
| Net assets without donor restrictions | -$79,553,501 |
| Net assets with donor restrictions | $137,500 |
| 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 | $315,150,477 |