Magee Rehabilitation Hospital
- Assets
- $254.6m
- Revenue
- $73.0m
- Investments
- $0.0
- Employees
- 986
- Location
- Philadelphia, PA
- Founding
- 03/1960
- Data as of
- 06/2022
- EIN
- 23-1476328
Organization Overview
Magee Rehabilitation Hospital is located in Philadelphia, PA. The organization was established in 1960. According to its NTEE Classification (E24) the organization is classified as: Specialty Hospitals, under the broad grouping of Health Care and related organizations. As of 06/2022, Magee Rehabilitation Hospital employed 986 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Magee Rehabilitation 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 06/2022, Magee Rehabilitation Hospital generated $73.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $76.8m during the year ending 06/2022. While expenses have increased by 2.3% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO IMPROVE THE QUALITY OF LIFE OF PERSONS WITH DISABILITIES BY PROVIDING HIGH QUALITY PHYSICAL AND COGNITIVE REHABILITATION SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EXPENSES INCURRED IN PROVIDING HIGH QUALITY PHYSICAL AND COGNITIVE REHABILITATION SERVICES TO ALL INDIVIDUALS IN A NON-DISCRIMINATORY MANNER REGARDLESS OF RACE, COLOR, CREED, SEX, NATIONAL ORIGIN OR ABILITY TO PAY. PLEASE REFER TO SCHEDULE O FOR THE ORGANIZATION'S COMMUNITY BENEFIT STATEMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Guy W Fried MD Trustee - SVP Med Affairs/cmo | OfficerTrustee | 55 | $612,622 |
Patrick Rommel DO Physiatrist | 55 | $406,678 | |
Jack A Carroll PHD Former Officer | 0 | $408,005 | |
Brian T Kucer MD Med Director - Brain Injury | 55 | $311,254 | |
Barbara J Browne MD Med Director - Stroke Rehab | 55 | $282,147 | |
Robert Kautzman Edd Ms RN SVP Nursing & COO | Officer | 55 | $276,319 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Thomas Jefferson University Corporate Services | 6/29/22 | $10,459,178 |
Keystone Quality Transport Medical Transport | 6/29/22 | $468,126 |
Brookside Clinical Lab Inc Laboratory | 6/29/22 | $451,313 |
Us Foodservice Food Services | 6/29/22 | $378,163 |
Target Building Construction Inc Construction | 6/29/22 | $429,785 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $3,300,446 |
| Government grants | $45,408 |
| 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 | $3,345,854 |
| Total Program Service Revenue | $69,066,549 |
| Investment income | $62,226 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $284,327 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $72,968,870 |
| 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. | $960,168 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $43,881,112 |
| Pension plan accruals and contributions | $1,388,147 |
| Other employee benefits | $4,546,903 |
| Payroll taxes | $2,579,791 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $166,377 |
| Fees for services: Accounting | $30,531 |
| Fees for services: Lobbying | $15,708 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $266,391 |
| Fees for services: Other | $7,066,156 |
| Advertising and promotion | $276,306 |
| Office expenses | $988,130 |
| Information technology | $1,154,186 |
| Royalties | $0 |
| Occupancy | $1,236,932 |
| Travel | $99,239 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $84,928 |
| Interest | $1,281,240 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,216,345 |
| Insurance | $483,707 |
| All other expenses | $455,861 |
| Total functional expenses | $76,829,237 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $165,283 |
| Savings and temporary cash investments | $10,006,208 |
| Pledges and grants receivable | $10,085 |
| Accounts receivable, net | $29,007,477 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $542,164 |
| Prepaid expenses and deferred charges | $207,062 |
| Net Land, buildings, and equipment | $69,547,941 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $132,083,525 |
| Intangible assets | $4,300,000 |
| Other assets | $8,742,231 |
| Total assets | $254,611,976 |
| Accounts payable and accrued expenses | $6,828,582 |
| Grants payable | $0 |
| Deferred revenue | $30,040 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $53,111,902 |
| Total liabilities | $59,970,524 |
| Net assets without donor restrictions | $137,167,709 |
| Net assets with donor restrictions | $57,473,743 |
| 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 | $254,611,976 |