St Joseph Regional Health Network

Organization Overview

St Joseph Regional Health Network, operating under the name Penn State Health St Joseph, is located in Reading, PA. The organization was established in 2016. According to its NTEE Classification (E20) the organization is classified as: Hospitals, under the broad grouping of Health Care and related organizations. As of 06/2021, Penn State Health St Joseph employed 1,775 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Penn State Health St Joseph 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, Penn State Health St Joseph generated $307.4m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.0% each year. All expenses for the organization totaled $298.8m during the year ending 06/2021. While expenses have increased by 3.9% 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, Penn State Health St Joseph has awarded 13 individual grants totaling $207,746,263. 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 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO NURTURE THE HEALING MINISTRY OF THE CHURCH, SUPPORTED BY EDUCATION AND RESEARCH.

Describe the Organization's Program Activity:

SEE SCHEDULE H


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Sodexo Inc
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$3,623,824
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$1,821,151
Healthtrust Workforce Solutions
Temp Help
$1,436,811
Burkey Corporation
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$2,222,049
Quest Diagnostics Inc
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$3,309,711
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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$2,932,836
Government grants $12,362
All other contributions, gifts, grants, and similar amounts not included above$50,000
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$2,995,198
Total Program Service Revenue$300,091,630
Investment income $19,133
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $1,182,003
Net Gain/Loss on Asset Sales -$24,498
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $307,422,246

Grants Awarded

Over the last fiscal year, St Joseph Regional Health Network has awarded $36,715,406 in support to 2 organizations.

Grant RecipientAmount

ST JOSEPH MEDICAL GROUP

PURPOSE: PROGRAM SUPPORT

$36,024,630

ST JOSEPH MEDICAL CENTER FOUNDATION

Org PageRecipient Profile

Reading, PA

PURPOSE: PROGRAM SUPPORT

$690,776
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that St Joseph Regional Health Network has recieved totaling $500,000.

Awarding OrganizationAmount
The Giorgi Family Foundation

Temple, PA

PURPOSE: GENERAL DONATION

$500,000
View Grant Recipient Profile

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