Portsmouth Hospital Corporation
- Assets
- $29.0m
- Revenue
- $31.8m
- Investments
- $0.0
- Employees
- 187
- Location
- Portsmouth, OH
- Founding
- 05/2014
- Data as of
- 09/2021
- EIN
- 45-3215312
Organization Overview
Portsmouth Hospital Corporation, operating under the name King's Daughters Medical Center Ohio, is located in Portsmouth, OH. The organization was established in 2014. 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 09/2021, King's Daughters Medical Center Ohio employed 187 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. King's Daughters Medical Center Ohio 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 09/2021, King's Daughters Medical Center Ohio generated $31.8m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $24.3m during the year ending 09/2021. While expenses have increased by 1.2% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO CARE. TO SERVE. TO HEAL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LOCATED IN PORTSMOUTH, OHIO, KING'S DAUGHTERS MEDICAL CENTER OHIO (PORTSMOUTH HOSPITAL CORPORATION) PROVIDES A COMFORTABLE, SMALL-HOSPITAL ENVIRONMENT WITH ACCESS TO TECHNOLOGY AND SPECIALISTS NORMALLY FOUND ONLY AT LARGER INSTITUTIONS.SERVING AS A HEALTHCARE CHOICE FOR RESIDENTS OF PORTSMOUTH, SCIOTO COUNTY AND SURROUNDING AREAS, KING'S DAUGHTERS MEDICAL CENTER OHIO (KDOH) PROVIDES SERVICES RANGING FROM PRIMARY CARE TO SURGICAL SERVICES; INPATIENT CARE TO OUTPATIENT DIAGNOSTICS; FROM SPECIALTY CARE TO URGENT CARE. CONTINUED ON SCHEDULE O.KING'S DAUGHTERS MEDICAL CENTER OHIO PROVIDES ACCESS TO THE FOLLOWING HEALTHCARE SERVICES: PRIMARY CARE, INCLUDING A PARTNERSHIP WITH SHAWNEE STATE UNIVERSITY FOR STUDENT HEALTH SERVICES URGENT CARE SERVICES AVAILABLE 24/7/365 SPECIALIST PHYSICIANS IN HEART AND VASCULAR; ORTHOPEDICS; DIGESTIVE HEALTH; GENERAL SURGERY; NEUROLOGY (EPILEPTOLOGIST); SURGICAL BREAST ONCOLOGY; PLASTIC & RECONSTRUCTIVE SURGERY; UROLOGY; ENT INPATIENT SERVICES, INCLUDING AN EPILEPSY MONITORING UNIT (EMU) SURGICAL CARE IMAGING SERVICES, INCLUDING MRI, CT, NUCLEAR MEDICINE, 3D MAMMOGRAPHY, X-RAY, AND GENERAL AND VASCULAR ULTRASOUND CARDIAC DIAGNOSTIC SERVICES, INCLUDING EKG, STRESS TESTING AND NUCLEAR MEDICINE PULMONARY DIAGNOSTICS NUTRITION COUNSELINGKDOH OFFERS FREE SCREENINGS IN HEART AND VASCULAR AND ORTHOPEDIC SPECIALTIES; OFFERS A LOW-COST BLOOD PROFILE PROGRAM; PARTICIPATES IN AND SUPPORTS COMMUNITY EVENTS; AND SPONSORS A FARMERS MARKET ON ITS GROUNDS DURING THE SUMMER MONTHS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Craig Hazelbaker Pharmacy Supervisor | 40 | $151,286 | |
Kevin Marshall Cno/administrator | 45 | $124,641 | |
James Neal Cno/administrator | 45 | $101,791 | |
Melissa Watson Pharmacist | 40 | $100,696 | |
Kristie Whitlatch Non-Voting President | OfficerTrustee | 1.25 | $0 |
Sheryl Mahaney Non-Voting Secretary | OfficerTrustee | 1.25 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Riverside Anesthesia Psc Anesthesia Services | 9/29/21 | $978,642 |
Charles Conley Do Physician | 9/29/21 | $103,320 |
Tony Virgin Md Physician | 9/29/21 | $140,564 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,780,822 |
| 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 | $1,780,822 |
| Total Program Service Revenue | $30,000,362 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$22,767 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $31,758,417 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $7,261 |
| 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 | $8,951,150 |
| Pension plan accruals and contributions | $401,579 |
| Other employee benefits | $1,320,100 |
| Payroll taxes | $620,679 |
| Fees for services: Management | $241,740 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $1,055 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,260,735 |
| Advertising and promotion | $750 |
| Office expenses | $127,471 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $523,105 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,245 |
| Interest | $42,597 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,617,556 |
| Insurance | $94,379 |
| All other expenses | $103,157 |
| Total functional expenses | $24,286,824 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $398,914 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,181,920 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $2,306,682 |
| Prepaid expenses and deferred charges | $99,237 |
| Net Land, buildings, and equipment | $21,935,802 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $30,295 |
| Total assets | $28,952,850 |
| Accounts payable and accrued expenses | $2,963,587 |
| 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 | $1,035,781 |
| Total liabilities | $3,999,368 |
| Net assets without donor restrictions | $24,953,482 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $28,952,850 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Grove City Medical Center Pittsburgh, PA | $19,315,788 | $24,381,583 |
Windber Hospital Inc Windber, PA | $34,243,981 | $47,877,066 |
Hospital Development Co Spencer, WV | $52,869,915 | $52,048,469 |
J C Blair Memorial Hospital Huntingdon, PA | $69,376,054 | $51,183,184 |
Titusville Area Hospital Titusville, PA | $32,246,845 | $54,133,545 |
Sparrow Carson Hospital Carson City, MI | $33,968,594 | $46,073,007 |
Owensboro Health Twin Lakes Regional Medical Center Inc Owensboro, KY | $55,501,629 | $56,278,932 |
Sparrow Clinton Hospital St Johns, MI | $188,415,799 | $67,909,547 |
Grant Memorial Hospital Petersburg, WV | $30,150,493 | $46,826,382 |
Preston Memorial Hospital Corporation Kingwood, WV | $60,807,644 | $50,555,683 |
Clearfield Hospital Clearfield, PA | $57,734,677 | $49,178,126 |
Eagleville Hospital Eagleville, PA | $95,214,492 | $47,803,555 |