Titusville Area Hospital
- Assets
- $26.7m
- Revenue
- $58.5m
- Investments
- $3.2m
- Employees
- 278
- Location
- Titusville, PA
- Founding
- 12/1959
- Data as of
- 06/2022
- EIN
- 25-0965579
Organization Overview
Titusville Area Hospital is located in Titusville, PA. The organization was established in 1959. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. As of 06/2022, Titusville Area Hospital employed 278 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Titusville Area 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, Titusville Area Hospital generated $58.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.5% each year . All expenses for the organization totaled $52.5m during the year ending 06/2022. While expenses have increased by 9.5% 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TAH IS A COMMUNITY BASED, ACUTE CARE, CRITICAL ACCESS HOSPITAL PROVIDING INPATIENT, OUTPATIENT AND EMERGENCY SERVICES TO MORE THAN 30,000 PEOPLE IN 4 COUNTIES IN PA.
Describe the Organization's Program Activity:
TITUSVILLE AREA HOSPITAL IS AN ACUTE CARE, CRITICAL ACCESS RURAL HOSPITAL WITH 795 ADMISSIONS, 4,624 PATIENT DAYS AND 74,476 OUTPATIENT VISITS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Dvorkin Physician | 40 | $600,612 | |
Dwain Rogers Physician | 40 | $395,071 | |
Lee M Clinton Ceo/president | Officer | 35 | $340,458 |
Rose Colt Physician | 40 | $249,032 | |
James Wilkens Physician | 40 | $230,934 | |
Maria Munoz Physician | 40 | $225,019 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Oil Valley Internal Medicine Associ Medical Purch Svcs | 6/29/22 | $1,821,300 |
Emcare Er Physcians | 6/29/22 | $828,132 |
Oil Valley Physical Therapy Physical Therapy | 6/29/22 | $948,541 |
Maxim Healthcare Healthcare Staffing | 6/29/22 | $751,329 |
Anethesia Consultants Anethesia Services | 6/29/22 | $690,651 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $21,987 |
| Government grants | $2,386,471 |
| All other contributions, gifts, grants, and similar amounts not included above | $383,060 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,791,518 |
| Total Program Service Revenue | $54,906,574 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $89,026 |
| Net Gain/Loss on Asset Sales | $73,665 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $58,514,089 |
| 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. | $354,372 |
| Compensation of current officers, directors, key employees. | $354,372 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $20,916,243 |
| Pension plan accruals and contributions | $473,102 |
| Other employee benefits | $3,658,181 |
| Payroll taxes | $1,469,830 |
| Fees for services: Management | $486,610 |
| Fees for services: Legal | $1,125 |
| Fees for services: Accounting | $151,858 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $11,400,356 |
| Advertising and promotion | $105,062 |
| Office expenses | $469,803 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,019,632 |
| Travel | $67,056 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $25,084 |
| Interest | $79 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,675,925 |
| Insurance | $1,418,213 |
| All other expenses | $0 |
| Total functional expenses | $52,451,524 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $851,366 |
| Savings and temporary cash investments | $3,391 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,870,183 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,004,910 |
| Prepaid expenses and deferred charges | $848,478 |
| Net Land, buildings, and equipment | $12,307,617 |
| Investments—publicly traded securities | $4,772,364 |
| Investments—other securities | $3,220,895 |
| Investments—program-related | $0 |
| Intangible assets | $82,940 |
| Other assets | $701,974 |
| Total assets | $26,664,118 |
| Accounts payable and accrued expenses | $3,275,065 |
| Grants payable | $0 |
| Deferred revenue | $437,967 |
| 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 | $8,564,134 |
| Total liabilities | $12,277,166 |
| Net assets without donor restrictions | $10,886,733 |
| Net assets with donor restrictions | $3,500,219 |
| 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 | $26,664,118 |