University Hospitals Health System Inc

University Hospitals Health System Inc Overview

University Hospitals Health System Inc is located in Shaker Heights, OH. The organization was established in 1989. 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 12/2019, University Hospitals Health System Inc employed 5,209 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes.

For the year ending 12/2019, University Hospitals Health System Inc generated $700.5m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 21.3% each year . All expenses for the organization totaled $813.0m during the year ending 12/2019. While expenses have increased by 15.1% per year over the past 5 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.

Since 2016, University Hospitals Health System Inc has awarded 94 individual grants totaling $14,858,808. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2019

Describe the Organization's Mission:

Part 3 - Line 1

UNIVERSITY HOSPITALS (THE SYSTEM) IS GUIDED BY ITS MISSION, "TO HEAL. TO TEACH. TO DISCOVER."

Describe the Organization's Program Activity:

Part 3 - Line 4a

SEE SCHEDULE O.


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University Hospitals Health System Inc Board, Officers & Key Employees

Name (title)Compensation
See Sch O Tr 16033-2d 5
See Sched. O
$1,349,674

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $6,292,000
All other contributions, gifts, grants, and similar amounts not included above$8,348,000
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$14,640,000
Total Program Service Revenue$538,541,000
Investment income $38,914,000
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $32,866,000
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $700,518,000

University Hospitals Health System Inc Grants Awarded

Over the last fiscal year, University Hospitals Health System Inc has awarded $4,529,084 in support to 25 organizations.

Grant RecipientAmount

TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA

Org PageRecipient Profile

Philadelphia, PA

PURPOSE: GENERAL SUPPORT

$773,125

MASSACHUSETTS GENERAL HOSPITAL

PURPOSE: GENERAL SUPPORT

$565,000

CASE WESTERN RESERVE UNIVERSITY

Org PageRecipient Profile

Cleveland, OH

PURPOSE: GENERAL SUPPORT

$496,263

KOUTIF THERAPEUTICS LLC

PURPOSE: GENERAL SUPPORT

$300,000

UNIVERSITY OF WASHINGTON

PURPOSE: GENERAL SUPPORT

$258,694

UNIVERSITY OF SOUTHERN CALIFORNIA

PURPOSE: GENERAL SUPPORT

$230,000
View Grant Profile

University Hospitals Health System Inc Grants Recieved

Over the last fiscal year, we have identified 4 grants that University Hospitals Health System Inc has recieved totaling $207,000.

Awarding OrganizationAmount
Petsmart Charities Inc

Phoenix, AZ

PURPOSE: ANIMAL-ASSISTED THERAPY

$85,000
Reminger Foundation Company

Cleveland, OH

PURPOSE: $50,000 COVID-19 CAREGIVER SUPPORT; $1,000 GRANT DISTRIBUTION

$51,000
Reminger Foundation Company

Cleveland, OH

PURPOSE: $50,000 COVID-19 CAREGIVER SUPPORT; $1,000 GRANT DISTRIBUTION

$51,000
Urology Care Foundation Inc

Linthicum, MD

PURPOSE: RESEARCH SCHOLARSHIP

$20,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$179,723,000
Earnings$32,087,000
Net Contributions$9,871,000
Other Expense$10,378,000
Ending Balance$211,303,000

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