University Hospitals Health System Inc
- Assets
- $2.4b
- Revenue
- $4.4b
- Investments
- $5.0k
- Employees
- 28,155
- Location
- Shaker Heights, OH
- Founding
- 02/1989
- Data as of
- 12/2021
- EIN
- 90-0059117
Organization Overview
University Hospitals Health System Inc is located in Shaker Heights, OH. The organization was established in 1989. According to its NTEE Classification (E21) the organization is classified as: Community Health Systems, under the broad grouping of Health Care and related organizations. As of 12/2021, University Hospitals Health System Inc employed 28,155 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. University Hospitals Health System 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 12/2021, University Hospitals Health System Inc generated $4.4b in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $4.1b during the year ending 12/2021. While expenses have increased by 4.1% per year over the past 7 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 2014, University Hospitals Health System Inc has awarded 200 individual grants totaling $51,987,112. 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
UNIVERSITY HOSPITALS (THE SYSTEM) IS GUIDED BY ITS MISSION "TO HEAL. TO TEACH. TO DISCOVER."
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sabik Joseph MD See Schedule O | Trustee | 50 | $1,373,073 |
Glotzbecker Michael P See Schedule O | 50 | $1,340,463 | |
Eubanks Jason D See Schedule O | 50 | $1,336,874 | |
Voos James See Schedule O | Trustee | 50 | $1,274,037 |
Konheim Ari L See Schedule O | 50 | $1,271,391 | |
Devaney Eric J See Schedule O | 50 | $1,201,633 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Mckesson Corporation Pharmaceuticals Distribution | 12/30/20 | $360,559,236 |
Owens & Minor Dist Inc Medical Supplies | 12/30/20 | $79,748,725 |
Cgs Administrators Llc Medical Billing Services | 12/30/20 | $35,723,956 |
Cvs Caremark Specialty Pharmacy Pharmaceuticals | 12/30/20 | $69,100,565 |
Mckesson Corporation Pharmaceuticals Distribution | 12/30/20 | $360,559,236 |
Cgs Administrators Llc Medical Billing Services | 12/30/20 | $35,723,956 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $1,184,000 |
| Related organizations | $2,790,000 |
| Government grants | $56,767,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $18,292,000 |
| Noncash contributions included in lines 1a–1f | $3,595,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $79,033,000 |
| Total Program Service Revenue | $4,218,393,000 |
| Investment income | $208,000 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$150,000 |
| Net Income from Fundraising Events | -$138,000 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,403,316,000 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,895,000 |
| 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. | $7,071,000 |
| Compensation of current officers, directors, key employees. | $424,000 |
| Compensation to disqualified persons | $1,421,000 |
| Other salaries and wages | $1,474,388,000 |
| Pension plan accruals and contributions | $78,196,000 |
| Other employee benefits | $179,506,000 |
| Payroll taxes | $96,062,000 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,429,000 |
| Fees for services: Accounting | $562,000 |
| Fees for services: Lobbying | $406,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $83,960,000 |
| Advertising and promotion | $2,482,000 |
| Office expenses | $1,056,827,000 |
| Information technology | $5,513,000 |
| Royalties | $0 |
| Occupancy | $159,677,000 |
| Travel | $5,081,000 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $114,494,000 |
| Insurance | $51,344,000 |
| All other expenses | $46,666,000 |
| Total functional expenses | $4,085,584,000 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $3,499,000 |
| Pledges and grants receivable | $57,514,000 |
| Accounts receivable, net | $627,980,000 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $96,795,000 |
| Prepaid expenses and deferred charges | $9,925,000 |
| Net Land, buildings, and equipment | $1,313,867,000 |
| Investments—publicly traded securities | $3,113,000 |
| Investments—other securities | $5,000 |
| Investments—program-related | $216,565,000 |
| Intangible assets | $4,410,000 |
| Other assets | $109,507,000 |
| Total assets | $2,443,180,000 |
| Accounts payable and accrued expenses | $195,159,000 |
| Grants payable | $0 |
| Deferred revenue | $1,221,000 |
| 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 | $15,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $332,972,000 |
| Total liabilities | $529,367,000 |
| Net assets without donor restrictions | $1,442,951,000 |
| Net assets with donor restrictions | $470,862,000 |
| 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 | $2,443,180,000 |
Grants Awarded
Over the last fiscal year, University Hospitals Health System Inc has awarded $1,895,497 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
Parma, OH PURPOSE: GENERAL SUPPORT | $783,616 |
Ravenna, OH PURPOSE: GENERAL SUPPORT | $717,688 |
Dallas, TX PURPOSE: GENERAL SUPPORT | $159,000 |
GREATER CLEVELAND REGIONAL TRANSIT AUTHORITY PURPOSE: GENERAL SUPPORT | $125,000 |
Elyria, OH PURPOSE: GENERAL SUPPORT | $70,193 |
Cleveland, OH PURPOSE: GENERAL SUPPORT | $40,000 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that University Hospitals Health System Inc has recieved totaling $391,450.
| Awarding Organization | Amount |
|---|---|
The Haslam 3 Foundation Inc Knoxville, TN PURPOSE: SPORTS REGENERATIVE MEDICINE INNOVAT | $200,000 |
Kulas Foundation Cleveland, OH PURPOSE: PROGRAMMATIC SUPPORT | $90,000 |
Foundation Forsurgical Fellowships Los Angeles, CA PURPOSE: General Support | $60,000 |
John P Murphy Foundation Cleveland, OH PURPOSE: PROGRAMMATIC SUPPORT | $35,000 |
Insulin For Life Usa Inc Gainesville, FL PURPOSE: Medical Assistance | $6,350 |
Marla And Joseph Shafran Foundation Cleveland, OH PURPOSE: GENERAL OPERATING SUPPORT | $100 |
Endowment Analysis
| Beg. Balance | $241,904,000 |
| Earnings | $41,936,000 |
| Net Contributions | $22,145,000 |
| Other Expense | $14,161,000 |
| Ending Balance | $291,824,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Parkview Health System Inc Fort Wayne, IN | $2,712,217,032 | $933,221,094 |
Bhsh System Grand Rapids, MI | $2,915,356,282 | $1,050,315,288 |
University Hospitals Health System Inc Shaker Heights, OH | $6,082,138,000 | $960,105,000 |
Aultman Health Foundation Group Return Canton, OH | $450,362,832 | $880,954,681 |
Mercy Health Partners Muskegon, MI | $816,487,004 | $692,908,897 |
Geisinger System Services Danville, PA | $1,398,222,343 | $715,016,181 |
Appalachian Regional Healthcare Inc Lexington, KY | $1,267,201,787 | $817,287,479 |
Highmark Health Pittsburgh, PA | $708,603,703 | $583,319,053 |
West Virginia University Medical Corporation Morgantown, WV | $212,648,584 | $571,153,959 |
Owensboro Health Regional Hospital Owensboro, KY | $1,685,340,581 | $709,904,993 |
Adena Health System Chillicothe, OH | $876,980,484 | $590,625,475 |
Indiana University Health Arnett Inc Indianapolis, IN | $319,820,511 | $504,048,288 |