Overlake Hospital Medical Center

Organization Overview

Overlake Hospital Medical Center is located in Bellevue, WA. The organization was established in 1965. 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 06/2021, Overlake Hospital Medical Center employed 3,744 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Overlake Hospital 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 06/2020, Overlake Hospital Medical Center generated $605.4m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $597.8m during the year ending 06/2020. While expenses have increased by 3.2% per year over the past 6 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 2015, Overlake Hospital Medical Center has awarded 93 individual grants totaling $16,940,695. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

THE PURPOSE IS TO OPERATE A HOSPITAL FOR THE CARE OF PERSONS, TO PARTICIPATE IN EDUCATION, RESEARCH AND OTHER ACTIVITIES DESIGNED TO PROMOTE GENERAL HEALTH OF THE COMMUNITY. THE HOSPITAL'S MISSION IS TO PROVIDE COMPASSIONATE CARE FOR EVERY LIFE WE TOUCH.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SEE SCHEDULE O.


OTHER GRANTS AND ALLOCATIONS: GRANTS TO OVERLAKE HOSPITAL FOUNDATION AND OVERLAKE HOSPITAL AUXILIARIES TO COVER EXPENSES AND GRANTS TO SUPPORT OTHER COMMUNITY NONPROFIT ORGANIZATIONS.


EDUCATION SERVICES:IN ADDITION TO THE EXCELLENT CARE WE PROVIDE OUR PATIENTS, THE HOSPITAL FIRMLY BELIEVES EDUCATION IS CRITICAL TO OVERALL WELLNESS. THE HOSPITAL REACHES OUT TO THE COMMUNITY TO ENGAGE AND EMPOWER ITS PATIENTS IN BECOMING EDUCATED HEALTHCARE CONSUMERS BY OFFERING FREE AND LOW-COST CLASSES FOR ALL AGE GROUPS. HEALTH EDUCATION IS AN IMPORTANT PART OF PREVENTATIVE CARE. THE EDUCATION PROGRAM PROVIDED 15,997 FAMILY CONTACT HOURS OFFERING CLASSES OF A WIDE RANGE OF HEALTH RELATED TOPICS INCLUDING WOMEN'S HEALTH, PRENATAL CARE, COPING SKILLS, DEALING WITH CANCER, POSITIVE PARENTING, SAFETY, ASTHMA, HEART DISEASE, DIABETES, LIVING WILLS, INCONTINENCE, WEIGHT LOSS, MAINTAINING BALANCE, BABYSITTING FOR TEENS, CPR AND HEALTHY LIFESTYLES.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Gall Landau Young Const Co
Construction
$50,203,913
Bloodworks Northwest
Laboratory Services
$1,491,614
Aya Healthcare Inc
Staffing
$1,423,612
Nbbj
Architect Fees
$1,251,146
Epic Systems Corp
Software Development
$1,350,019
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$35,731,629
Investment income $13,230,128
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $432,735
Net Gain/Loss on Asset Sales $9,091,195
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $90,357
Miscellaneous Revenue$0
Total Revenue $605,355,698

Grants Awarded

Over the last fiscal year, Overlake Hospital Medical Center has awarded $2,404,021 in support to 14 organizations.

Grant RecipientAmount

OVERLAKE HOSPITAL FOUNDATION

Org PageRecipient Profile

Bellevue, WA

PURPOSE: SUPPORT OPERATIONS

$2,146,858

OVERLAKE HOSPITAL AUXILIARIES

Org PageRecipient Profile

Bellevue, WA

PURPOSE: SUPPORT OPERATIONS

$36,163

ISSAQUAH SCHOOLS FOUNDATION

Org PageRecipient Profile

Issaquah, WA

PURPOSE: SPONSOR

$36,000

AMERICAN HEART ASSOCIATION

Org PageRecipient Profile

Dallas, TX

PURPOSE: SPONSOR

$30,000

BELLEVUE ARTS MUSEUM

Org PageRecipient Profile

Bellevue, WA

PURPOSE: SPONSOR

$25,000

MEDIC ONE FOUNDATION

Org PageRecipient Profile

Bellevue, WA

PURPOSE: SPONSOR

$25,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 4 grants that Overlake Hospital Medical Center has recieved totaling $106,900.

Awarding OrganizationAmount
American Endowment Foundation

Hudson, OH

PURPOSE: HEALTH, GENERAL

$85,000
Schwab Charitable Fund

San Francisco, CA

PURPOSE: HEALTH

$12,600
Mayo Clinic Group Return

Rochester, MN

PURPOSE: SUPPORT CHARITABLE PROGRAMS

$7,800
Behnke Foundation

Seattle, WA

PURPOSE: HEALTH AND HUMAN SERVICES

$1,500
View Grant Recipient Profile

Peer Organizations

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