Scottsdale Healthcare Corp
- Assets
- $168.6m
- Revenue
- $220.9m
- Investments
- $0.0
- Employees
- 0
- Location
- Scottsdale, AZ
- Founding
- 07/1981
- Data as of
- 12/2022
- EIN
- 94-2735850
Organization Overview
Scottsdale Healthcare Corp, operating under the name FKA Scottsdale Healthcare Corp, is located in Scottsdale, AZ. The organization was established in 1981. According to its NTEE Classification (E21) the organization is classified as: Community Health Systems, 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. FKA Scottsdale Healthcare Corp 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 12/2022, FKA Scottsdale Healthcare Corp generated $220.9m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 10.8% each year . All expenses for the organization totaled $299.1m during the year ending 12/2022. While expenses have increased by 19.3% per year over the past 8 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
HONORHEALTH AMBULATORY'S MISSION IS TO IMPROVE THE HEALTH AND WELL-BEING OF THOSE WE SERVE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HONORHEALTH AMBULATORY ("HH AMBULATORY") SUPPORTS HONOREHALTH IN FURTHERANCE OF ITS EXEMPT PURPOSE. HONORHEALTH IS A NON-PROFIT HEALTH SYSTEM WITH SIX ACUTE-CARE HOSPITALS, ONE SURGICAL SPECIALTY CENTER, ONE REHABILITATION HOSPITAL, ONE BEHAVIORAL HEALTH HOSPITAL, SIX EMERGENCY DEPARTMENTS - ONE OF THEM A FREESTANDING CENTER IN NORTH PHOENIX - AND THREE LEVEL I TRAUMA CENTERS. HONORHEALTH'S MISSION IS TO IMPROVE THE HEALTH AND WELL-BEING OF THOSE WE SERVE. HH AMBULATORY OPERATES APPROXIMATELY 100 AMBULATORY CARE LOCATIONS THROUGHOUT THE METRO PHOENIX AREA AND HOLDS CERTAIN KEY STRATEGIC PARTNERSHIP INVESTMENTS ON BEHALF OF HONORHEALTH. IN PARTNERSHIP WITH FASTMED URGENT CARE, HONORHEALTH AMBULATORY OPERATES 26 FASTMED ARIZONA CLINICS. THESE CLINICS PROVIDE URGENT CARE AND OCCUPATIONAL HEALTH SERVICES, IN PERSON AND VIA TELEMEDICINE, AND ARE CLINICALLY INTEGRATED WITH HONORHEALTH'S ACUTE-CARE HOSPITALS, PHYSICIAN PRACTICES, OUTPATIENT SURGERY CENTERS AND OTHER NETWORK SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Director/vice Chair | OfficerTrustee | 1 | $0 |
Name Not Listed Director/chairman | OfficerTrustee | 1 | $0 |
Name Not Listed Director/pres & CEO | OfficerTrustee | 1 | $0 |
Name Not Listed Director | Trustee | 1 | $0 |
Name Not Listed Director | Trustee | 1 | $0 |
Name Not Listed Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Aramark Healthcare Management Servi Healthcare Mgmt Svcs | 12/30/14 | $6,706,996 |
Pps Info Tech Llc Info Tech Consulting | 12/30/14 | $3,808,399 |
Valley Anesthesia Inc Anesthesia Education | 12/30/14 | $2,656,489 |
Gray Wolf Consulting Healthcare Mgmt Svcs | 12/30/14 | $5,752,150 |
Encore Health Resources Llc Info Tech Consulting | 12/30/14 | $4,764,544 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| 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 | $0 |
| Total Program Service Revenue | $214,277,402 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $2,193 |
| Net Gain/Loss on Asset Sales | $6,595,039 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $220,909,211 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $144,083,264 |
| Pension plan accruals and contributions | $2,471,764 |
| Other employee benefits | $4,288,253 |
| Payroll taxes | $5,892,312 |
| Fees for services: Management | $14,324,574 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $215,145 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $57,359,855 |
| Advertising and promotion | $918,659 |
| Office expenses | $2,753,747 |
| Information technology | $1,128,176 |
| Royalties | $0 |
| Occupancy | $15,736,643 |
| Travel | $110,027 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $861,617 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $13,142,316 |
| Insurance | $645,582 |
| All other expenses | $99,810 |
| Total functional expenses | $299,057,743 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $12,104,068 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $20,386,190 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $984,390 |
| Prepaid expenses and deferred charges | $677,474 |
| Net Land, buildings, and equipment | $26,725,445 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $35,203,570 |
| Intangible assets | $54,173,266 |
| Other assets | $18,347,350 |
| Total assets | $168,601,753 |
| Accounts payable and accrued expenses | $13,737,976 |
| Grants payable | $0 |
| Deferred revenue | $216,209 |
| 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 | $737,638 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $251,878,038 |
| Total liabilities | $266,569,861 |
| Net assets without donor restrictions | -$97,968,108 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $168,601,753 |