Main Line Health System

Organization Overview

Main Line Health System is located in Newtown Square, PA. The organization was established in 1995. According to its NTEE Classification (E21) the organization is classified as: Community Health Systems, 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. Main Line Health System 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 Health System generated $16.5m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 10.4% each year . All expenses for the organization totaled $16.4m during the year ending 06/2021. While expenses have increased by 10.2% 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.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

CORPORATE HOLDING COMPANY FOR MAIN LINE HEALTH AND SUBSIDIARIES AND SOLE OBLIGOR OF CERTAIN BOND INDEBTEDNESS FOR THE HEALTH SYSTEM.

Describe the Organization's Program Activity:

MAIN LINE HEALTH SYSTEM IS A PENNSYLVANIA NONPROFIT CORPORATION HEADQUARTERED IN NEWTOWN SQUARE, PENNSYLVANIA, AND IS THE SOLE CORPORATE MEMBER OF MAIN LINE HEALTH, INC. AND AFFILIATED HEALTH CARE ORGANIZATIONS INCLUDING: MAIN LINE HOSPITALS, INC., RIDDLE MEMORIAL HOSPITAL, MIRMONT ALCOHOL REHABILITATION CENTER, LANKENAU INSTITUTE FOR MEDICAL RESEARCH, MAIN LINE HEALTH HOMECARE AND HOSPICE, MAIN LINE HEALTHCARE, AND OTHERS AS NOTED ON FORM 990 SCHEDULE R.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Cs Stars Llc
It Software Svcs
$130,042
Aon Consulting
Professional Svcs
$176,190
Fidelity Court Associates Lp
Real Estate
$658,745
Pricewaterhousecoopers Llp
Audit/tax Services
$204,017
Creekridge Capital Llc
Professional Svcs
$120,048
View All Vendors

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$0
Investment income $16,369,180
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $16,528,062

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Main Line Health System has recieved totaling $2,877,414.

Awarding OrganizationAmount
Thomas Jefferson University

Philadelphia, PA

PURPOSE: PROGRAM SUPPORT

$2,867,080
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$5,167
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$5,167
View Grant Recipient Profile

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