Oswego Hospital
- Assets
- $140.1m
- Revenue
- $148.9m
- Investments
- $0.0
- Employees
- 1,354
- Location
- Oswego, NY
- Founding
- 05/1936
- Data as of
- 12/2021
- EIN
- 15-0532220
Organization Overview
Oswego Hospital is located in Oswego, NY. The organization was established in 1936. 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 12/2021, Oswego Hospital employed 1,354 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Oswego 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 12/2021, Oswego Hospital generated $148.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $146.6m during the year ending 12/2021. While expenses have increased by 3.8% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
OSWEGO HOSPITAL'S MISSION IS TO PROVIDE ACCESSIBLE, QUALITY CARE AND IMPROVE THE HEALTH OF THE RESIDENTS IN OSWEGO COUNTY. OSWEGO HOSPITAL IS A SOLE COMMUNITY PROVIDER. OSWEGO HOSPITAL SERVES A PRIMARY SERVICE AREA OF APPROXIMATELY 117,124 RESIDENTS WHICH IS COMPRISED OF OSWEGO, FULTON, MEXICO, CENTRAL SQUARE, HANNIBAL, PULASKI AND STERLING. IN ADDITION, OSWEGO HOSPITAL PROVIDES SERVICES IN PARISH AND PHOENIX.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INPATIENT SERVICES PROVIDED BY OSWEGO HOSPITAL TO RESIDENTS OF OSWEGO COUNTY AND THE SURROUNDING AREAS: MEDICAL/SURGICAL/WOMEN SERVICES(MATERNITY,NEWBORN AND NURSERY)/INTENSIVE CARE/INPATIENT BEHAVIORAL HEALTH.
OUTPATIENT SERVICES PROVIDED BY OSWEGO HOSPITAL TO RESIDENTS OF OSWEGO COUNTY AND SURROUNDING AREAS: EMERGENCY/REHABILIATION SERVICES/OCCUPATIONAL HEALTH/ REFERRED AMBULATORY AND AMBULATORY SURGICAL/REFERRED DIAGNOSTIC AND THERAPEUTIC TESTING CONSISTING OF: LABORATORY/ACR ACCREDITED RADIOLOGY/COMPUTER TOMOGRAPHY(CT),MAGNETIC RESONANCE IMAGING(MRI),NUCLEAR MEDICINE AND ULTRASOUND IMAGING SERVICES/ADULT, CHILD AND FAMILY OUTPATIENT BEHAVIORAL HEALTH SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Harlovic President And CEO | OfficerTrustee | 40 | $697,175 |
Kamaljeet Banga Orthopedic Surgeon | 40 | $645,060 | |
Michael Diaz Orthopedic | 40 | $628,647 | |
Nicholas Groch Ent Physician | 40 | $607,726 | |
Calvin Eng Anesthesia Physician | 40 | $588,736 | |
Duane Tull Chief Medical Officer | OfficerTrustee | 1 | $564,126 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Rehab Resources Pc Physical Therapy | 12/30/21 | $1,276,515 |
Pipeline Health Holdings Llc Telepharmacy | 12/30/21 | $314,107 |
Port City Emergency Physicians Emergency Room Physicians | 12/30/21 | $233,972 |
University Hill Gastroenterology Gastroenterology Services | 12/30/21 | $217,500 |
Bond Schoenick & King Pllc Legal Services | 12/30/21 | $246,850 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $552,753 |
| Government grants | $3,450,713 |
| All other contributions, gifts, grants, and similar amounts not included above | $683,645 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,687,111 |
| Total Program Service Revenue | $121,479,737 |
| Investment income | $1,676,223 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$80,385 |
| Net Gain/Loss on Asset Sales | $227,770 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $148,895,148 |
| 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. | $1,942,736 |
| Compensation of current officers, directors, key employees. | $1,358,897 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $67,618,040 |
| Pension plan accruals and contributions | $734,201 |
| Other employee benefits | $6,878,853 |
| Payroll taxes | $4,466,052 |
| Fees for services: Management | $701,784 |
| Fees for services: Legal | $218,697 |
| Fees for services: Accounting | $117,304 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $31,711 |
| Fees for services: Other | $0 |
| Advertising and promotion | $597,014 |
| Office expenses | $727,468 |
| Information technology | $2,561,949 |
| Royalties | $0 |
| Occupancy | $1,859,649 |
| Travel | $68,846 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $889,110 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,522,751 |
| Insurance | $1,007,493 |
| All other expenses | $9,070,313 |
| Total functional expenses | $146,597,443 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,252 |
| Savings and temporary cash investments | $31,524,356 |
| Pledges and grants receivable | $36,999 |
| Accounts receivable, net | $14,438,088 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $1,753,005 |
| Inventories for sale or use | $2,617,030 |
| Prepaid expenses and deferred charges | $2,242,565 |
| Net Land, buildings, and equipment | $67,691,205 |
| Investments—publicly traded securities | $17,619,315 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $1,049,855 |
| Other assets | $1,132,851 |
| Total assets | $140,109,521 |
| Accounts payable and accrued expenses | $19,682,927 |
| 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 | $21,036,395 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $16,983,026 |
| Total liabilities | $57,702,348 |
| Net assets without donor restrictions | $71,079,071 |
| Net assets with donor restrictions | $11,328,102 |
| 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 | $140,109,521 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Oswego Hospital has recieved totaling $18,258.
| Awarding Organization | Amount |
|---|---|
Miriam E Cullinan Scholarship Co Uw Fund Norwich, NY PURPOSE: UNRESTRICTED GENERAL | $18,258 |
Endowment Analysis
| Beg. Balance | $12,344,853 |
| Earnings | $910,304 |
| Admin Expense | $234,270 |
| Net Contributions | $160,417 |
| Other Expense | $154,601 |
| Grants | $1,698,488 |
| Ending Balance | $11,328,214 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lahey Clinic Hospital Inc Burlington, MA | $439,333,881 | $1,036,261,688 |
Presbyterian Medical Center Of The University Of Pennsylvania Health Philadelphia, PA | $864,132,692 | $1,007,924,819 |
Newyork-Presbyterian-Queens Flushing, NY | $898,800,022 | $913,594,490 |
New York-Presbyterian Brooklyn Methodist Brooklyn, NY | $1,733,884,296 | $932,635,722 |
Abington Memorial Hospital Philadelphia, PA | $948,017,930 | $858,404,541 |
Englewood Hospital And Medical Center A New Jersey Nonprofit Corp Englewood, NJ | $770,563,796 | $890,451,423 |
Saint Francis Hospital And Medical Center Hartford, CT | $1,654,893,576 | $997,837,414 |
Inspira Medical Centers Inc Bridgeton, NJ | $1,997,035,403 | $960,599,521 |
Valley Hospital Inc Ridgewood, NJ | $2,214,086,950 | $1,000,529,103 |
St Francis Hospital Roslyn, NY | $1,505,143,319 | $834,224,682 |
Virtu-West Jersey Health System Inc Marlton, NJ | $2,706,789,713 | $1,000,808,483 |
Bronxcare Health System Bronx, NY | $743,333,524 | $835,076,495 |