Akron General Medical Center

Organization Overview

Akron General Medical Center is located in Independence, OH. The organization was established in 1928. According to its NTEE Classification (E30) the organization is classified as: Ambulatory & Primary Health Care, under the broad grouping of Health Care and related organizations. As of 12/2021, Akron General Medical Center employed 3,842 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Akron General Medical Center is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2015

Describe the Organization's Mission:

Part 3 - Line 1

TO IMPROVE THE HEALTH AND LIVES OF THE PEOPLE AND COMMUNITIES WE SERVE.

Describe the Organization's Program Activity:

INPATIENT SERVICESAKRON GENERAL MEDICAL CENTER IS A HOSPITAL ORGANIZATION WHICH OPERATES TWO HOSPITAL FACILITIES - AKRON GENERAL MEDICAL CENTER AND THE EDWIN SHAW REHABILITATION INSTITUTE - AS WELL AS 3 REMOTE HEALH AND WELLNESS CENTERS EACH WITH 24 HOUR EMERGENCY ROOMS. AKRON GENERAL MEDICAL CENTER (AKRON GENERAL) IS A 537-BED TEACHING AND RESEARCH MEDICAL CENTER. OFFERING INPATIENT SERVICES FOR BOTH MEDICAL AND SURGICAL PATIENTS. AKRON GENERAL'S KEY CLINICAL AREAS OF FOCUS ARE HEART, VASCULAR, ONCOLOGY, NEUROSCIENCES, UROLOGY, ORTHOPAEDIC, WOMEN'S SERVICES AND TREATMENT FOR BOTH GENERAL AND TRAUMA RELATED EMERGENCIES.


OUTPATIENT SERVICESAKRON GENERAL OFFERS A VARIETY OF OUTPATIENT SERVICES ON ITS MAIN CAMPUS AND THROUGHOUT ITS NETWORK OF SATELLITE FACILITIES. OUTPATIENT SERVICES OFFERED TO PATIENTS INCLUDE RADIOLOGY, PHYSICAL THERAPY, CARDIAC, SURGERY, MAMMOGRAPHY, SLEEP CENTERS, LAB SERVICES AND EMERGENCY SERVICES.SEE SCHEDULE O PROGRAM SERVICE ACCOMPLISHMENTS FOR ADDITIONAL DETAIL.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Sodexho Marriott Services Inc
Service Management
$4,771,414
Sound Inpatient Physicians Of Ohio
Hospitalists Services
$4,677,454
Anesthesiology Associates Of Akron
Anesthesiologists
$3,354,557
General Emergency Medical Specialists
Emergency Dept Services
$3,223,452
Cns Center For Neuro & Spine
Contract Services & Trauma Call Coverage
$3,091,460
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$70,006
Related organizations$0
Government grants $129,874
All other contributions, gifts, grants, and similar amounts not included above$1,581
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$201,461
Total Program Service Revenue$587,974,332
Investment income $2,340,260
Tax Exempt Bond Proceeds $0
Royalties $1,201
Net Rental Income -$499,153
Net Gain/Loss on Asset Sales $7,273,831
Net Income from Fundraising Events $30,821
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $599,002,653

Grants Awarded

Over the last fiscal year, Akron General Medical Center has awarded $336,407 in support to 10 organizations.

Grant RecipientAmount

AKRON GENERAL FOUNDATION

Org PageRecipient Profile

Akron, OH

PURPOSE: TO HELP PURCHASE NEEDED EQUIPMENT.

$214,487

AMERICAN RED CROSS

PURPOSE: PROVIDE SUPPORT FOR NATIONAL DISASTERS AND MILITARY FAMILIES, LARGEST SUPPLIER OF BLOOD IN THE UNITED STATES AND PROVIDES HEALTH & SAFETY COURSES.

$30,000

Independence, OH

PURPOSE: VELOSANO SPOKE SPONSORSHIP.

$25,000

AMERICAN HEART ASSOCIATION

Org PageRecipient Profile

Dallas, TX

PURPOSE: PROVIDE SUPPORT FOR HEART DISEASE RESEARCH AND EDUCATION.

$25,000

AMERICAN CANCER SOCIETY

Org PageRecipient Profile

Kennesaw, GA

PURPOSE: PROVIDE SUPPORT FOR CANCER RESEARCH.

$8,000

AKRON URBAN LEAGUE

Org PageRecipient Profile

Akron, OH

PURPOSE: SEEKS TO IMPROVE ECONOMIC, CULTURAL, SOCIAL, EDUCATIONAL AND RECREATIONAL CONDITIONS AFFECTING ALL CITIZENS OF SUMMIT COUNTY.

$7,700
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Akron General Medical Center has recieved totaling $37,612.

Awarding OrganizationAmount
Racers Charities

Norton, OH

PURPOSE: GENERAL USE

$23,255
Wm B Haynes 05 6842019600

Chicago, IL

PURPOSE: GENERAL

$14,357
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$12,915,470
Earnings$156,795
Net Contributions$998,421
Other Expense$1,211,557
Ending Balance$12,859,129

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