Main Line Services
- Assets
- $102.9m
- Revenue
- $191.5m
- Investments
- $0.0
- Employees
- 1,411
- Location
- Newtown Square, PA
- Founding
- 02/1986
- Data as of
- 06/2021
- EIN
- 23-2359402
Organization Overview
Main Line Services is located in Newtown Square, PA. The organization was established in 1986. According to its NTEE Classification (E21) the organization is classified as: Community Health Systems, under the broad grouping of Health Care and related organizations. As of 06/2021, Main Line Services employed 1,411 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Main Line Services 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, Main Line Services generated $191.5m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.5% each year. All expenses for the organization totaled $181.5m during the year ending 06/2021. While expenses have increased by 4.7% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE ADMINISTRATIVE SUPPORT AND CENTRALIZED MANAGEMENT SERVICES TO THE MEMBERS OF MAIN LINE HEALTH SYSTEM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEDICAL RECORDS MEDICAL RECORDS IS RESPONSIBLE FOR PATIENT MEDICAL RECORDS FOR PATIENTS SERVED WITHIN THE HOSPITALS AND CERTAIN AFFILIATES OF THE MAIN LINE HEALTH SYSTEM. AMONG OTHER FUNCTIONS, THIS DEPARTMENT COMPILES DEMOGRAPHIC DATA, DIAGNOSIS AND PROCEDURE CODES, AND PATIENT RECORDS TO FACILITATE ACCURATE DOCUMENTATION IN THE MEDICAL RECORD.
BUSINESS OFFICE THE BUSINESS OFFICE WITHIN MAIN LINE SERVICES IS A CONSOLIDATED FUNCTION FOR THE HOSPITALS AND CERTAIN AFFILIATES OF THE MAIN LINE HEALTH SYSTEM. THE BUSINESS OFFICE FUNCTION INCLUDES CENTRALIZED PATIENT ACCESS, REGISTRATION, CUSTOMER SERVICE, BILLING, CASHIERING, ETC. THE BUSINESS OFFICE OF MAIN LINE SERVICES PROVIDED SERVICES FOR 58,360 INPATIENT DISCHARGES AND 1,156,024 OUTPATIENTS IN FISCAL YEAR 2021.
HUMAN RESOURCES MAIN LINE SERVICES PROVIDES HUMAN RESOURCE SERVICES FOR THE MAIN LINE HEALTH SYSTEM ENTITIES WHICH ENCOMPASS THE RECRUITMENT, RETENTION, TALENT MANAGEMENT, EMPLOYEE BENEFITS, PROFESSIONAL DEVELOPMENT, AND COMPENSATION PLANNING FOR MORE THAN 11,900 EMPLOYEES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John J Lynch III President & Ex-Officio Trustee | OfficerTrustee | 1 | $1,849,471 |
Michael J Buongiorno Evp, Treasurer & Director | OfficerTrustee | 1 | $987,494 |
Brian T Corbett ESQ Senior VP & Secretary | Officer | 1 | $836,850 |
Andrew Norton Deceased 920 Chief Medical Officer, Mlh | Officer | 40 | $785,729 |
Barbara Wadsworth Chief Nursing Officer, Mlh | Officer | 39 | $736,217 |
Joann Magnatta Svp, Fclty Dsgn & Construction | Officer | 38 | $506,204 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Campus Investors Rent | 6/29/21 | $2,596,641 |
Pricewaterhousecoopers Prof Services | 6/29/21 | $808,815 |
Versalus Health Llc Healthcare Prof Svcs | 6/29/21 | $458,470 |
Howson Howson Prof Services | 6/29/21 | $386,895 |
Mcdermott Will And Emery Llp Prof Services | 6/29/21 | $753,773 |
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 | $185,884,699 |
| Investment income | $601,893 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $12,611 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $191,478,987 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $100,000 |
| 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. | $11,446,934 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $103,894,153 |
| Pension plan accruals and contributions | $61,364 |
| Other employee benefits | $17,909,245 |
| Payroll taxes | $7,958,759 |
| Fees for services: Management | $366,621 |
| Fees for services: Legal | $989,224 |
| Fees for services: Accounting | $775,800 |
| Fees for services: Lobbying | $135,034 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $14,109,772 |
| Advertising and promotion | $6,337,909 |
| Office expenses | $883,169 |
| Information technology | $2,591,211 |
| Royalties | $0 |
| Occupancy | $6,468,852 |
| Travel | $70,905 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $490,470 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $230,141 |
| All other expenses | $457,725 |
| Total functional expenses | $181,478,696 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,749,413 |
| 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 | $2,879,364 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $54,152,948 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $40,153,141 |
| Total assets | $102,934,866 |
| Accounts payable and accrued expenses | $53,749,018 |
| Grants payable | $0 |
| Deferred revenue | $400,350 |
| 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 | $29,523,774 |
| Total liabilities | $83,673,142 |
| Net assets without donor restrictions | $19,261,724 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $102,934,866 |
Grants Awarded
Over the last fiscal year, Main Line Services has awarded $125,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Philadelphia, PA PURPOSE: Support partnership for patient care programs | $100,000 |
Philadelphia, PA PURPOSE: HURRICANE RELIEF | $15,000 |
Austin, TX PURPOSE: HURRICANE RELIEF | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
St Josephs Health System Subordinate Group Return Paterson, NJ | $1,081,595,215 | $963,799,571 |
Hh Medstar Health Inc Columbia, MD | $303,491,180 | $865,504,764 |
University Hospitals Health System Inc Shaker Heights, OH | $6,082,138,000 | $960,105,000 |
Atlanticare Health System Inc Egg Harbor Township, NJ | $1,893,827,880 | $909,225,575 |
Aultman Health Foundation Group Return Canton, OH | $450,362,832 | $880,954,681 |
Geisinger System Services Danville, PA | $1,398,222,343 | $715,016,181 |
Bon Secours Charity Health System Affiliated Group Suffern, NY | $223,032,633 | $606,730,244 |
Highmark Health Pittsburgh, PA | $708,603,703 | $583,319,053 |
West Virginia University Medical Corporation Morgantown, WV | $212,648,584 | $571,153,959 |
Adena Health System Chillicothe, OH | $876,980,484 | $590,625,475 |
Hackensack Meridian Health Inc Edison, NJ | $279,460,343 | $549,822,020 |
The Johns Hopkins Health System Corporation Baltimore, MD | $2,298,014,981 | $561,406,992 |