Paul Oliver Memorial Hospital

Organization Overview

Paul Oliver Memorial Hospital is located in Traverse City, MI. The organization was established in 1945. 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 06/2021, Paul Oliver Memorial Hospital employed 229 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Paul Oliver Memorial 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 06/2021, Paul Oliver Memorial Hospital generated $22.5m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.6% each year. All expenses for the organization totaled $22.1m during the year ending 06/2021. While expenses have increased by 3.6% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

PAUL OLIVER MEMORIAL HOSPITAL AND ITS PARTNERS WORK TOGETHER TO PROVIDE SUPERIOR QUALITY CARE AND PROMOTE COMMUNITY HEALTH.

Describe the Organization's Program Activity:

Part 3 - Line 4a

EXPENSES INCURRED WHILE PROVIDING HOSPITAL SERVICES TO THE RESIDENTS OF BENZIE COUNTY AND THE SURROUNDING AREA WHILE FULFILLING THE HOSPITAL'S MISSION TO PROVIDE HEALTHCARE IN THE COMMUNITY. PAUL OLIVER MEMORIAL HOSPITAL HAD OVER 41,000 OUTPATIENT VISITS IN FISCAL YEAR 2021. THE HOSPITAL SERVED MORE THAN 4,300 EMERGENCY ROOM VISITS. PAUL OLIVER MEMORIAL HOSPITAL ACCEPTS ALL PATIENTS, REGARDLESS OF ABILITY TO PAY. THE HOSPITAL HAS 179 ACTIVE MEDICAL STAFF AND 42 VOLUNTEERS. INCLUDED IN PROGRAM SERVICE EXPENSES ARE 681,000 OF EXPENSES RELATED TO THE COMPREHENSIVE CARE OF COVID-19 PATIENTS.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Canon Medical Systems Usa Inc
Equipment Maint
$152,095
Sodexo Inc And Affiliates
Food Service
$242,782
Unimed Mobile Mri Llc
Mri Unit Rental
$238,994
Crystal Lake Emergency Services
Emergency Servi
$1,336,290
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$151,190
Government grants $322,302
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$473,492
Total Program Service Revenue$22,364,921
Investment income $119,154
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $248
Net Gain/Loss on Asset Sales $523,207
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $22,547,926

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Paul Oliver Memorial Hospital has recieved totaling $175,000.

Awarding OrganizationAmount
Herbert H And Barbara C Dow Foundation

Frankfort, MI

PURPOSE: RADIOLOGY EQUIPMENT

$175,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$5,460,496
Earnings$320,591
Admin Expense$25,508
Ending Balance$5,755,579

Peer Organizations

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