Grand View Hospital
- Assets
- $365.9m
- Revenue
- $208.8m
- Investments
- -$4.6m
- Employees
- 2,035
- Location
- Sellersville, PA
- Founding
- 02/1937
- Data as of
- 06/2020
- EIN
- 23-1352181
Organization Overview
Grand View Hospital, operating under the name Grand View Health, is located in Sellersville, PA. The organization was established in 1937. 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, Grand View Health employed 2,035 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Grand View Health 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, Grand View Health generated $208.8m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $209.2m during the year ending 06/2020. While expenses have increased by 2.0% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
LEADING OUR COMMUNITY TO A HEALTHIER FUTURE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRAND VIEW HEALTH'S MISSION, VISION AND VALUES STATEMENT EXEMPLIFIES HOW WE ARE DEDICATED TO SERVING OUR COMMUNITY. OUR BOARD OF TRUSTEES, MANAGEMENT AND THE PATIENT EXPERIENCE TEAM SUPPORTS THESE WORDS WHICH ARE THE VERY ESSENCE OF GRAND VIEW HEALTH'S IMPORTANT ROLE IN THE REGION. WE SHARE THIS PHILOSOPHY THROUGHOUT THE HEALTH SYSTEM AND INCORPORATE IT INTO OUR NEW EMPLOYEE ORIENTATION PROGRAM. WE ARE PROUD THAT "LEADING OUR COMMUNITY TO A HEALTHIER FUTURE" IS OUR CREDO, ONE THAT IS TIGHTLY WOVEN IN TO EVERYTHING WE DO, EVERY DAY. OUR MISSION: LEADING THE COMMUNITY TO A HEALTHIER FUTURE. OUR VISION: TO BE RECOGNIZED FOR EXCELLENCE AND CHOSEN FOR CARING. OUR VALUES: COMPASSION, INTEGRITY, RESPECT, COLLABORATION, LEADERSHIP, EXCELLENCE AND SERVICE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Trustee | Trustee | 4 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Grand View Anesthesia Associates Anesthesia Physician Services | 6/29/21 | $5,944,576 |
Valley Builders Llc Construction Services | 6/29/21 | $3,108,420 |
Upper Bucks Orthopaedic Associates Ortho Physician Services | 6/29/21 | $3,054,231 |
Montgomery County Pulmonary & Sleep Cons Pulmonary Physician Services | 6/29/21 | $1,465,657 |
Grand View Radiology Services Radiology Services | 6/29/21 | $1,327,107 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,736,049 |
| Investment income | $2,087,824 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $1,309,290 |
| Net Gain/Loss on Asset Sales | $9,624,776 |
| Net Income from Fundraising Events | $34,410 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $208,801,499 |
| 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. | $3,151,079 |
| Compensation to disqualified persons | $135,902 |
| Other salaries and wages | $98,660,802 |
| Pension plan accruals and contributions | $3,455,287 |
| Other employee benefits | $10,372,421 |
| Payroll taxes | $6,715,641 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $234,105 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $20,096,633 |
| Advertising and promotion | $1,724,158 |
| Office expenses | $1,011,558 |
| Information technology | $4,196,229 |
| Royalties | $0 |
| Occupancy | $6,256,116 |
| Travel | $282,042 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $236,286 |
| Interest | $3,427,309 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $13,952,194 |
| Insurance | $1,809,324 |
| All other expenses | $0 |
| Total functional expenses | $209,160,498 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $43,761 |
| Savings and temporary cash investments | $26,815,773 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $18,577,710 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $4,850,719 |
| Prepaid expenses and deferred charges | $1,037,733 |
| Investments—publicly traded securities | $220,126,275 |
| Investments—other securities | -$4,632,448 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $12,694,390 |
| Total assets | $365,934,156 |
| Accounts payable and accrued expenses | $21,437,731 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $102,622,226 |
| 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 | $47,324,981 |
| Total liabilities | $171,384,938 |
| 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 | $194,549,218 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Grand View Hospital has recieved totaling $275,363.
| Awarding Organization | Amount |
|---|---|
Gerhart Family Charitable Trust Colmar, PA PURPOSE: GENERAL FUND | $165,800 |
Organization Name not Listed PURPOSE: GENERAL | | $47,585 |
Trust Under Will Of Ruth K James Souderton, PA PURPOSE: GENERAL | $31,728 |
Pine2pink Foundation Doylestown, PA PURPOSE: SUPPORT LOCAL BREAST CANCER PATIENTS IN SUPPORT AND RECOVERY | $20,000 |
Bucks County Foundation Pittsburgh, PA | | $10,000 |
Shepherd Family Charitable Foundation Souderton, PA PURPOSE: GENERAL OPERATIONS | $250 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
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 |
Kettering College Miamisburg, OH | $1,728,903,615 | $1,055,020,178 |
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 |
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 |
Sinai Hospital Of Baltimore Inc Baltimore, MD | $642,141,254 | $936,777,270 |
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 |