Bay Park Community Hospital
- Assets
- $58.8m
- Revenue
- $103.8m
- Investments
- $122.7k
- Employees
- 559
- Location
- Toledo, OH
- Founding
- 09/1999
- Data as of
- 12/2021
- EIN
- 34-1883132
Organization Overview
Bay Park Community Hospital, operating under the name Promedica Bay Park Hospital, is located in Toledo, OH. The organization was established in 1999. 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 12/2021, Promedica Bay Park Hospital employed 559 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Promedica Bay Park 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 12/2021, Promedica Bay Park Hospital generated $103.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $88.1m during the year ending 12/2021. While expenses have increased by 1.9% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
BAY PARK COMMUNITY HOSPITAL IS DEDICATED TO PREMIER SERVICE, COMMITTED TO SUPERIOR QUALITY, AND DEVOTED TO OUR PATIENTS AND FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BAY PARK COMMUNITY HOSPITAL IS AN ACUTE CARE FACILITY PROVIDING INPATIENT AND OUTPATIENT HEALTH CARE SERVICES TO THE GENERAL PUBLIC. - SEE SCHEDULE O.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jean Smith Assoc VP Pt Care | 40 | $182,530 | |
Daniel Devito Clinical Pharmacist | 40 | $142,646 | |
Andrew Bihn Rn, Acute Care | 40 | $140,000 | |
Elice Martin Bph Inpatient Pharmacist | 40 | $136,254 | |
Dennis Dominguez Director Acute Care | 40 | $131,334 | |
Dawn M Buskey Pres., Ex Officio | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Avant Healthcare Professionals Staffing Agency | 12/30/20 | $246,088 |
Amn Healthcare Inc Staffing Agency | 12/30/20 | $2,087,360 |
Spieker Co Construction General | 12/30/20 | $1,282,539 |
Emergency Physicians Of Northwest Ohio I Phys Emerg Med Svcs | 12/30/20 | $905,775 |
Toledo Clinic Inc Pt Specialists | 12/30/20 | $333,629 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $26,614 |
| Government grants | $734,303 |
| All other contributions, gifts, grants, and similar amounts not included above | $11,408 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $772,325 |
| Total Program Service Revenue | $102,609,379 |
| Investment income | $106,020 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $5,760 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $544 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $25,594 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $103,810,079 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $715 |
| 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 | $30,175,104 |
| Pension plan accruals and contributions | $1,061,202 |
| Other employee benefits | $2,728,840 |
| Payroll taxes | $2,186,599 |
| Fees for services: Management | $3,503 |
| Fees for services: Legal | $184,538 |
| Fees for services: Accounting | $55,610 |
| Fees for services: Lobbying | $4,914 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $12,723,063 |
| Advertising and promotion | $234,693 |
| Office expenses | $1,294,173 |
| Information technology | $73,768 |
| Royalties | $0 |
| Occupancy | $1,918,976 |
| Travel | $33,829 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,741,749 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,910,578 |
| Insurance | $919,792 |
| All other expenses | $5,479,448 |
| Total functional expenses | $88,085,651 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,923,891 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $12,834,597 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,299,551 |
| Prepaid expenses and deferred charges | $82,900 |
| Net Land, buildings, and equipment | $36,399,299 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $122,729 |
| Investments—program-related | $0 |
| Intangible assets | $1,577,523 |
| Other assets | $1,538,389 |
| Total assets | $58,778,879 |
| Accounts payable and accrued expenses | $10,821,666 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $56,257,094 |
| Total liabilities | $67,078,760 |
| Net assets without donor restrictions | -$8,982,259 |
| Net assets with donor restrictions | $682,378 |
| 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 | $58,778,879 |
Grants Awarded
Over the last fiscal year, Bay Park Community Hospital has awarded $7,264,078 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
Toledo, OH PURPOSE: OPERATING GRANT | $5,000,000 |
Toledo, OH PURPOSE: OPERATING GRANT | $1,000,000 |
Toledo, OH PURPOSE: OPERATING GRANT | $1,000,000 |
Toledo, OH PURPOSE: OPERATING GRANT | $135,219 |
Toledo, OH PURPOSE: OPERATING GRANT | $128,859 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Bay Park Community Hospital has recieved totaling $26,614.
| Awarding Organization | Amount |
|---|---|
Promedica Foundation Toledo, OH PURPOSE: OPERATING GRANT | $26,614 |
Endowment Analysis
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Presbyterian Medical Center Of The University Of Pennsylvania Health Philadelphia, PA | $864,132,692 | $1,007,924,819 |
Deaconess Hospital Inc Evansville, IN | $1,921,220,397 | $1,102,144,618 |
Kettering College Miamisburg, OH | $1,728,903,615 | $1,055,020,178 |
Abington Memorial Hospital Philadelphia, PA | $948,017,930 | $858,404,541 |
Saint Joseph Health System Inc Lexington, KY | $961,743,109 | $864,115,504 |
Covenant Medical Center Inc Saginaw, MI | $1,038,790,282 | $776,913,978 |
Uofl Health-Louisville Inc Louisville, KY | $577,142,236 | $950,019,808 |
Tower Health Reading, PA | $1,567,530,050 | $562,187,138 |
Cabell Huntington Hospital Inc Huntington, WV | $1,087,986,142 | $722,910,695 |
Allegiance Health Jackson, MI | $830,742,312 | $709,583,429 |
Pennsylvania Hospital Of The Univ Of Pennsylvania Health System Philadelphia, PA | $773,767,590 | $678,080,811 |
Indiana University Health Bloomingon Inc Indianapolis, IN | $990,966,337 | $700,343,585 |