Toledo Hospital

Toledo Hospital Overview

Toledo Hospital, operating under the name Promedica Toledo Hospital, is located in Toledo, OH. The organization was established in 1933. 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 12/2019, Promedica Toledo Hospital employed 7,309 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 12/2019, Promedica Toledo Hospital generated $1.1b in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 7.1% each year. All expenses for the organization totaled $1.1b during the year ending 12/2019. While expenses have increased by 4.9% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2019

Describe the Organization's Mission:

Part 3 - Line 1

THE TOLEDO HOSPITAL IS AN ACUTE CARE FACILITY AND THE ADULT TERTIARY FACILITY OF PROMEDICA HEALTH SYSTEM, INC. PROVIDING INPATIENT AND OUTPATIENT HEALTH SERVICES TO THE GENERAL PUBLIC OF NORTHWEST OHIO AND SOUTHEAST MICHIGAN.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE TOLEDO HOSPITAL IS AN ACUTE CARE FACILITY PROVIDING INPATIENT AND OUTPATIENT HEALTH CARE SERVICES TO THE GENERAL PUBLIC. - SEE SCHEDULE O.


THE TOLEDO HOSPITAL OPERATES A HEALTH CLUB FACILITY. - SEE SCHEDULE O.


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Toledo Hospital Vendors

Vendor Name (Service)Compensation
University Of Toledo
Education & Physicians
$14,122,643
Lathrop Company Inc
General Contracting
$40,551,326
Metro Aviation Inc
Aviation Services
$8,073,040
Mayo Clinic
Lab Testing
$3,533,903
Cleveland Clinic
Referred Testing
$3,883,974
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$7,929,766
Government grants $1,940,091
All other contributions, gifts, grants, and similar amounts not included above$613,439
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$10,483,296
Total Program Service Revenue$1,099,736,358
Investment income $6,789,514
Tax Exempt Bond Proceeds $896,419
Royalties $0
Net Rental Income $897,950
Net Gain/Loss on Asset Sales $10,551,376
Net Income from Fundraising Events $6,823
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $90,654
Miscellaneous Revenue$0
Total Revenue $1,142,430,478

Toledo Hospital Grants Awarded

Over the last fiscal year, Toledo Hospital has awarded $42,769,616 in support to 4 organizations.

Grant RecipientAmount

PROMEDICA HEALTH SYSTEM INC

Org PageRecipient Profile

Toledo, OH

PURPOSE: OPERATING GRANT

$23,000,000

PROMEDICA PHYSICIAN GROUP

Org PageRecipient Profile

Toledo, OH

PURPOSE: OPERATING GRANT

$15,000,000

PROMEDICA CONTINUING CARE SERVICES CORPORATION

Org PageRecipient Profile

Toledo, OH

PURPOSE: OPERATING GRANT

$3,674,497

PROMEDICA FOUNDATION

Org PageRecipient Profile

Toledo, OH

PURPOSE: OPERATING GRANT

$1,095,119
View Grant Profile

Toledo Hospital Grants Recieved

Over the last fiscal year, we have identified 1 grants that Toledo Hospital has recieved totaling $22,150.

Awarding OrganizationAmount
American Thrombosis And Hemostasisnetwork Inc

Rochester, NY

PURPOSE: DATA MANAGEMENT CAPACITY RESEARCH

$22,150
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$28,747,861
Earnings$3,669,430
Net Contributions$8,000
Ending Balance$32,425,291

Toledo Hospital Peer Organizations

Organization NameAssets
Miami Valley Hospital
Dayton, OH
$1,204,039,189
Edward W Sparrow Hospital Association
Lansing, MI
$1,000,419,453
Reading Hospital
Reading, PA
$1,035,019,113
Bronson Methodist Hospital
Kalamazoo, MI
$952,779,226
St Lukes Hospital
Allentown, PA
$982,677,854
Abington Memorial Hospital
Philadelphia, PA
$866,047,638
Presbyterian Medical Center Of The University Of Pennsylvania Health
Philadelphia, PA
$973,479,342
Deaconess Hospital Inc
Evansville, IN
$1,047,627,616
Kettering Medical Center
Miamisburg, OH
$946,867,588
Saint Joseph Health System Inc
Lexington, KY
$844,837,722
Tower Health
Reading, PA
$534,049,241
Covenant Medical Center Inc
Saginaw, MI
$702,795,000

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