Lancaster General Health
- Assets
- $1.6b
- Revenue
- $86.5m
- Investments
- $42.5m
- Employees
- 0
- Location
- Lancaster, PA
- Founding
- 10/1983
- Data as of
- 06/2021
- EIN
- 23-2250941
Organization Overview
Lancaster General Health is located in Lancaster, PA. The organization was established in 1983. According to its NTEE Classification (E12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lancaster General 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 06/2021, Lancaster General Health generated $86.5m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 28.0% each year .
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDES MANAGERIAL & FINANCIAL SUPPORT TO ITS CONTROLLED ORGANIZATIONS AND IS RESPONSIBLE FOR UNDERTAKING ACTIVITIES DESIGNED TO ADVANCE THE GENERAL HEALTH OF THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDES MANAGERIAL AND FINANCIAL SUPPORT TO ITS CONTROLLED ORGANIZATIONS AND IS ALSO RESPONSIBLE FOR UNDERTAKING ACTIVITIES DESIGNED TO ADVANCE THE GENERAL HEALTH OF THE COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jan L Bergen President & Ceo, Lg Health | OfficerTrustee | 2 | $0 |
John J Herman President & Ceo, Lg Health | OfficerTrustee | 2 | $0 |
Carolyn F Scanlan Vice Chairperson | OfficerTrustee | 2 | $0 |
D Michael Wege Chairperson | OfficerTrustee | 2 | $0 |
T Raymond Foley MD President, Physician Services | Officer | 2 | $0 |
Robert P Macina ESQ Evp, Chief Admin Officer-Gener | Officer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| 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 | $0 |
| Total Program Service Revenue | $1,082,263 |
| Investment income | $56,996,890 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $16,688,626 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $86,500,736 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,124 |
| Fees for services: Accounting | $201,641 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $2,820,714 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $100,058 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $66,291 |
| All other expenses | $0 |
| Total functional expenses | -$20,535,292 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $52,730 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,514,756,641 |
| Investments—other securities | $42,506,502 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $10,500,968 |
| Total assets | $1,567,816,841 |
| Accounts payable and accrued expenses | $547,305 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $195,344,907 |
| Total liabilities | $195,892,212 |
| Net assets without donor restrictions | $1,369,749,557 |
| Net assets with donor restrictions | $2,175,072 |
| 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 | $1,567,816,841 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Lancaster General Health has recieved totaling $166,785.
| Awarding Organization | Amount |
|---|---|
Herr Tr Fbo St Johns Lutheran Church Et Al Pittsburgh, PA PURPOSE: GENERAL OPERATING | $140,781 |
Robert B Todd Tr Uw Fbo Lancaster Gen Hospital Pittsburgh, PA PURPOSE: GENERAL OPERATING | $26,004 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bronxcare Health Integrated Services System Inc Bronx, NY | $2,917,349 | $9,136,103 |
York Health Foundation York, PA | $12,105,892 | $8,310,377 |
New York Hospital Cornell Medical Center Fund Inc New York, NY | $237,549,829 | $20,911,565 |
Northeast Health Foundation Inc Albany, NY | $23,246,961 | $6,972,947 |
Horizon Foundation Of Howard County Inc Columbia, MD | $95,051,877 | $2,906,262 |
New York Foundling Charitable Corporation New York, NY | $0 | $3,656,772 |
Al Sigl Center For Rehabilitation Agencies Inc Rochester, NY | $54,423,589 | $5,794,950 |
St Anns Foundation Inc Rochester, NY | $59,915,340 | $4,860,702 |
Messiah Lifeways Mechanicsburg, PA | $3,767,505 | $5,505,262 |
Pottstown Area Health & Wellness Foundation Pottstown, PA | $88,468,067 | $7,361,536 |
Templeton Foundation Cooperstown, NY | $47,757,464 | $7,194,400 |
Israel Healthcare Foundation New York, NY | $6,879,692 | $6,486,334 |