Enumclaw Regional Hospital Association
- Assets
- $133.9m
- Revenue
- $70.7m
- Investments
- $55.3m
- Employees
- 333
- Location
- Enumclaw, WA
- Founding
- 03/1952
- Data as of
- 06/2021
- EIN
- 91-0715805
Organization Overview
Enumclaw Regional Hospital Association, operating under the name St Elizabeth Hospital, is located in Enumclaw, WA. The organization was established in 1952. 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, St Elizabeth Hospital employed 333 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. St Elizabeth 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, St Elizabeth Hospital generated $70.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.9% each year. All expenses for the organization totaled $57.4m during the year ending 06/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
ST. ELIZABETH HOSPITAL (FORMERLY ENUMCLAW REGIONAL HOSPITAL) WAS FOUNDED ON THE PRINCIPLE TO PROVIDE COMPASSIONATE CARE TO EVERYONE REGARDLESS OF ABILITY TO PAY OR SOCIAL STATUS. ST. ELIZABETH HOSPITAL IS PART OF FRANCISCAN HEALTH SYSTEM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE H
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ketul Patel Co-Ceo Vmfh | Officer | 2 | $0 |
Ian Worden Svp/chief Operating Officer (through 1/7/22) | Officer | 5 | $0 |
Mike Fitzgerald Former Treasurer/cfo Fhs | 0 | $0 | |
David Butcherite Treasurer (through 7/29/21) / Div VP Finance | 2 | $0 | |
Theresa Rambosek Former Corporate Secretary | 0 | $0 | |
David Nosacka Treasurer/svp&cfo | Officer | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Pacific Building Services Construction Services | 6/29/22 | $290,946 |
Healthtrust Workforce Sol Llc Staffing Services | 6/29/22 | $475,469 |
Thomas Cuisine Mgmt Food Services | 6/29/22 | $178,107 |
Favorite Healthcare Staffing Staffing Services | 6/29/22 | $143,702 |
Beckman Coulter Inc Linen Services | 6/29/22 | $127,331 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,676,061 |
| Investment income | $880,912 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $4,656,322 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $70,729,929 |
| 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 | $18,285,427 |
| Pension plan accruals and contributions | $887,835 |
| Other employee benefits | $2,782,805 |
| Payroll taxes | $1,388,568 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $99,307 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $5,695 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $13,277,649 |
| Advertising and promotion | $82,458 |
| Office expenses | $637,521 |
| Information technology | $2,051,068 |
| Royalties | $0 |
| Occupancy | $591,580 |
| Travel | $5,225 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $429 |
| Interest | $6,921 |
| Payments to affiliates | $7,223,025 |
| Depreciation, depletion, and amortization | $3,574,775 |
| Insurance | $296,970 |
| All other expenses | $0 |
| Total functional expenses | $57,418,921 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,647 |
| Savings and temporary cash investments | $1,273 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $8,432,160 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $2,061,781 |
| Prepaid expenses and deferred charges | $42,927 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $55,278,008 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $21,727,754 |
| Total assets | $133,874,683 |
| Accounts payable and accrued expenses | $8,529,634 |
| 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 | $1,235,466 |
| Total liabilities | $9,765,100 |
| 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 | $124,109,583 |