Mccullough-Hyde Memorial Hospital Incorporated
- Assets
- $53.4m
- Revenue
- $52.1m
- Investments
- $1.2m
- Employees
- 320
- Location
- Cincinnati, OH
- Founding
- 06/1963
- Data as of
- 06/2022
- EIN
- 31-0650283
Organization Overview
Mccullough-Hyde Memorial Hospital Incorporated is located in Cincinnati, OH. The organization was established in 1963. 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, Mccullough-Hyde Memorial Hospital Incorporated employed 320 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mccullough-Hyde Memorial Hospital Incorporated 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, Mccullough-Hyde Memorial Hospital Incorporated generated $52.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $46.7m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Mccullough-Hyde Memorial Hospital Incorporated has awarded 16 individual grants totaling $493,645. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
ACUTE CARE HOSPITAL DELIVERING QUALITY SERVICES TO OUR PATIENTS AND THE COMMUNITIES WE SERVE.
Describe the Organization's Program Activity:
SURGERY - THIS SERVICE IS COMPRISED OF SURGERY AND MINOR PROCEDURES. TOTAL VOLUME WAS 1,351 CONSISTING OF IP CARE (21%) AND OUTPATIENT CARE (79%).PHARMACY - THIS SERVICE CONSISTS OF CARE PROVIDED TO INPATIENTS (67%) AND OUTPATIENTS (33%).INPATIENT CARE - INPATIENT VOLUME CONSISTED OF 1,958 DISCHARGES AND 5,283 PATIENT DAYS WITH AN AVERAGE LENGTH OF STAY OF 3.90 DAYS. BIRTHS TOTALED 367 AND A TOTAL OF 492 OBSERVATION DAYS OF SERVICE.FOR ADDITIONAL INFORMATION PLEASE SEE SCHEDULE H.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Crofton Treasurer | OfficerTrustee | 1 | $0 |
Myrtis Powell Director | Trustee | 1 | $0 |
Mark Clement Director | Trustee | 1 | $0 |
Kevin Joseph MD Director (end 12/21) | Trustee | 1 | $0 |
Steve Snyder Vice Chair (start 8/21) | OfficerTrustee | 1 | $0 |
Steve Gracey Secretary | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Seven Hills Anesthesia Anesthesia Services | 6/29/22 | $717,517 |
Commonspirit Health Clinical Maintenance | 6/29/22 | $673,488 |
Talawanda Emergency Physicians Physician Coverage | 6/29/22 | $727,402 |
Debra-kuempel Hvac Services | 6/29/22 | $156,303 |
Rehab Resources Inc Rehabilitation Staffing | 6/29/22 | $229,518 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $1,305,889 |
| 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 | $1,305,889 |
| Total Program Service Revenue | $48,662,122 |
| Investment income | $133,096 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $233,891 |
| Net Gain/Loss on Asset Sales | -$146,049 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $52,099,527 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $11,000 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $18,703,998 |
| Pension plan accruals and contributions | $995,255 |
| Other employee benefits | $1,689,687 |
| Payroll taxes | $1,348,525 |
| Fees for services: Management | $181,852 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $25,091 |
| Fees for services: Other | $3,692,105 |
| Advertising and promotion | $151,032 |
| Office expenses | $198,252 |
| Information technology | $81,797 |
| Royalties | $0 |
| Occupancy | $1,620,290 |
| Travel | $15,948 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $18,300 |
| Interest | $609,456 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,378,307 |
| Insurance | $283,035 |
| All other expenses | $105,936 |
| Total functional expenses | $46,694,257 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,474 |
| Savings and temporary cash investments | $1,257,368 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,778,408 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $1,218 |
| Inventories for sale or use | $1,011,523 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $33,019,053 |
| Investments—publicly traded securities | $10,337,792 |
| Investments—other securities | $1,224,976 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,771,708 |
| Total assets | $53,404,520 |
| Accounts payable and accrued expenses | $4,145,997 |
| Grants payable | $0 |
| Deferred revenue | $5,878 |
| 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 | $308,029 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $862,847 |
| Total liabilities | $5,322,751 |
| Net assets without donor restrictions | $48,037,251 |
| Net assets with donor restrictions | $44,518 |
| 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 | $53,404,520 |
Grants Awarded
Over the last fiscal year, Mccullough-Hyde Memorial Hospital Incorporated has awarded $60,322 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
OXFORD COLLEGE CORNER CLINIC PURPOSE: ANNUAL FUNDING | $10,000 |
DWA RECREATION INC PURPOSE: INSTALLATION OF PLAYGROUND EQUIPMENT | $50,322 |