Parkview Hospital Inc
- Assets
- $1.0b
- Revenue
- $1.5b
- Investments
- $2.4m
- Employees
- 6,858
- Location
- Fort Wayne, IN
- Founding
- 06/1955
- Data as of
- 12/2020
- EIN
- 35-0868085
Organization Overview
Parkview Hospital Inc is located in Fort Wayne, IN. The organization was established in 1955. 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, Parkview Hospital Inc employed 6,858 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Parkview Hospital Inc 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 12/2020, Parkview Hospital Inc generated $1.5b in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.7% each year. All expenses for the organization totaled $1.4b during the year ending 12/2020. While expenses have increased by 9.4% per year over the past 6 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 2014, Parkview Hospital Inc has awarded 278 individual grants totaling $18,261,689. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
IMPROVE HEALTH & PROVIDE QUALITY HEALTH SERVICES TO ALL WHO ENTRUST THEIR CARE TO US.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PARKVIEW HOSPITAL, INC. IS A CHARITABLE, NOT-FOR-PROFIT, COMMUNITY-OWNED HOSPITAL AND CONSISTS OF A 476-BED REGIONAL TERTIARY REFERRAL CENTER (PARKVIEW REGIONAL MEDICAL CENTER), AS WELL AS A 216-BED COMMUNITY HOSPITAL (PARKVIEW HOSPITAL RANDALLIA) AND AN 89-BED BEHAVIORAL HEALTH HOSPITAL (AFFILIATE OF PARKVIEW BEHAVIORAL HEALTH INSTITUTE), LOCATED IN FORT WAYNE, INDIANA. THE SERVICE AREA INCLUDES NORTHEAST INDIANA, NORTHWEST OHIO, AND SOUTH-CENTRAL MICHIGAN. PARKVIEW HOSPITAL, INC. IS HOME TO A VERIFIED LEVEL II ADULT AND PEDIATRIC TRAUMA CENTER IN ADDITION TO THE SAMARITAN MEDICAL FLIGHT AND GROUND TRANSPORT SERVICES, AND A FULL-SERVICE, 24-HOUR EMERGENCY DEPARTMENT.(SEE SCHEDULE O FOR CONTINUATION)
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Mirro Pvhos Caro | Officer | 40 | $760,104 |
John Bowen Director/pvhos President | OfficerTrustee | 40 | $486,672 |
Michael Yurkanin Pvhos Cmo | Officer | 33 | $371,824 |
Linda Francies Pvhos VP Nursing | Trustee | 40 | $324,487 |
Yuenian Zhang Pvhos Chief Physicist | 40 | $316,294 | |
Joshua Winebaugh Pvhos Pharmacist | 40 | $294,097 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Quest Diagnostics Diagnostic Services | 12/30/21 | $5,747,820 |
Total Renal Care Inc Medical Services | 12/30/21 | $3,598,774 |
Focusone Solutions Llc Medical Personnel | 12/30/21 | $45,438,360 |
Trellisrx Llc Pharmacy Services | 12/30/21 | $7,322,822 |
Prolink Healthcare Medical Personnel | 12/30/21 | $7,063,449 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $74,399,665 |
| Investment income | $468,760 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $2,400,199 |
| Net Gain/Loss on Asset Sales | $711,621 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,477,881,342 |
| Statement of Expenses | |
|---|---|
| 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. | $4,380,480 |
| Compensation to disqualified persons | $448,250 |
| Other salaries and wages | $293,556,675 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $101,428,446 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| 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 | $66,124 |
| Fees for services: Other | $75,602,306 |
| Advertising and promotion | $185,982 |
| Office expenses | $24,036,130 |
| Information technology | $580,185 |
| Royalties | $0 |
| Occupancy | $17,329,083 |
| Travel | $1,005,451 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $190,796 |
| Interest | $179,588 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $54,519,388 |
| Insurance | $2,055,843 |
| All other expenses | $0 |
| Total functional expenses | $1,372,628,237 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $20,885 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,727,881 |
| Accounts receivable, net | $210,013,306 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $24,361,491 |
| Prepaid expenses and deferred charges | $837,635 |
| Investments—publicly traded securities | $29,360,234 |
| Investments—other securities | $2,377,591 |
| Investments—program-related | $0 |
| Intangible assets | $22,491,443 |
| Other assets | $7,425,183 |
| Total assets | $1,033,692,957 |
| Accounts payable and accrued expenses | $73,820,335 |
| Grants payable | $0 |
| Deferred revenue | $78,837,253 |
| 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 | $332,603,704 |
| Total liabilities | $485,261,292 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $548,431,665 |
Grants Awarded
Over the last fiscal year, Parkview Hospital Inc has awarded $1,591,832 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
Fort Wayne, IN PURPOSE: SUBSIDY FOR EARLY CHILDHOOD DEVELOPMENT & EDUCATION PROGRAMS | $408,298 |
Fort Wayne, IN PURPOSE: HEALTHCARE SERVICES FOR UNINSURED, LAB SERVICES PROVIDED FOR MATTHEW 25 HEALTH CLINIC | $268,261 |
Fort Wayne, IN PURPOSE: SCHOOL OF NURSING | $200,000 |
Fort Wayne, IN PURPOSE: HEALTHCARE SERVICES FOR UNINSURED AND UNDERINSURED | $115,000 |
Bloomington, IN PURPOSE: SCHOLARSHIPS - INDIANA UNIVERSITY SCHOOL OF MEDICINE-FORT WAYNE | $75,000 |
Fort Wayne, IN PURPOSE: HEALTHY EATING ACTIVE LIVING PROGRAM | $68,282 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that Parkview Hospital Inc has recieved totaling $831,734.
| Awarding Organization | Amount |
|---|---|
Parkview Foundation Inc Fort Wayne, IN PURPOSE: HOSPITAL PROGRAMS | $727,135 |
Parkview Health System Inc Fort Wayne, IN PURPOSE: HOSPITAL RESEARCH PROGRAM | $35,000 |
American Academy Of Neurology Institute Minneapolis, MN PURPOSE: Grant | $20,000 |
Parkview Lagrange Hospital Foundation Inc Lagrange, IN PURPOSE: HOME HEALTH AND HOSPICE PROGRAM FOR SERVICE AREA OF COMMUNITY HOSPITAL OF LAGRANGE COUNTY INC | $18,000 |
American Heart Association Inc Dallas, TX PURPOSE: ATRIAL FIBRILLATION INITIATIVE | $15,000 |
Kosciusko 21st Century Foundation Inc Winona Lake, IN PURPOSE: PROGRAM SUPPORT | $11,073 |
Endowment Analysis
| Beg. Balance | $1,489,500 |
| Earnings | $202,426 |
| Grants | $49,273 |
| Ending Balance | $1,642,653 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
St Lukes Hospital Of Kansas City Kansas City, MO | $1,771,100,748 | $1,070,641,998 |
Saint Thomas West Hospital St Louis, MO | $949,679,305 | $1,081,181,844 |
Mercy Hospital Springfield Springfield, MO | $547,925,906 | $1,115,699,805 |
Deaconess Hospital Inc Evansville, IN | $1,921,220,397 | $1,102,144,618 |
Ascension St John Hospital St Louis, MO | $469,518,860 | $965,978,781 |
Advocate North Side Health Network Downers Grove, IL | $946,824,836 | $901,672,521 |
The Carle Foundation Hospital Urbana, IL | $465,988,906 | $1,085,020,210 |
Ssm Healthcare Of Oklahoma Inc St Louis, MO | $640,999,933 | $906,998,301 |
Saint Joseph Health System Inc Lexington, KY | $961,743,109 | $864,115,504 |
Uofl Health-Louisville Inc Louisville, KY | $577,142,236 | $950,019,808 |
Ascension Providence Hospital St Louis, MO | $465,661,519 | $850,694,127 |
Truman Medical Center Incorporated Kansas City, MO | $489,587,316 | $736,606,337 |