Mary Immaculate Hospital Llc

Organization Overview

Mary Immaculate Hospital Llc, operating under the name Bon Secours Mary Immaculate Hospital, is located in Suffolk, VA. The organization was established in 1964. 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 08/2018, Bon Secours Mary Immaculate Hospital employed 1,067 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Bon Secours Mary Immaculate 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 12/2019, Bon Secours Mary Immaculate Hospital generated $67.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (22.5%) each year. All expenses for the organization totaled $55.8m during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (24.3%) per year over the past 4 years. 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

ACUTE CARE HOSPITAL

Describe the Organization's Program Activity:

Part 3 - Line 4a

MARY IMMACULATE HOSPITAL PROVIDES MEDICAL CARE TO PATIENTS WITHOUT REGARD TO THEIR ABILITY TO PAY. AMONG THE MAJOR SERVICES PROVIDED TO THE RESIDENTS OF HAMPTON ROADS, THREE MAJOR AREAS OF FOCUS ARE ORTHOPEDICS, GENERAL SURGERY AND WOMEN'S HEALTH. IN ADDITION, MARY IMMACULATE PROVIDES SUPPORT FOR COMMUNITY SERVICES. PLEASE SEE SCHEDULE H FOR ADDITIONAL INFORMATION REGARDING PROGRAMS, COMMUNITY BENEFIT PROGRAMS AND CHARITY CARE.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Tidewater Physicians Multispecialty Grou
Physician Services
$3,537,779
Aramark Cts Inc
Biomedical Engineering
$1,899,855
Morrison Management Specialists Inc
Dietary Services
$2,787,692
Anesthesia Assoc Of Hampton
Physician Services
$1,587,500
Emergency Medicine Associates
Physician Services
$601,333
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$96,348
Investment income $559,876
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $4,124
Net Gain/Loss on Asset Sales $354,633
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $67,141,758

Grants Awarded

Over the last fiscal year, Mary Immaculate Hospital Llc has awarded $25,184 in support to 2 organizations.

Grant RecipientAmount

RITA WELSH ADULT LITERACY PROGRAM INC

Org PageRecipient Profile

Williamsburg, VA

PURPOSE: Literacy for Life Heal Program Implementation

$15,000

MAKEMIE WOODS CAMP

Org PageRecipient Profile

Portsmouth, VA

PURPOSE: Bereavement Camp for Children

$10,184
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Mary Immaculate Hospital Llc has recieved totaling $33,000.

Awarding OrganizationAmount
Bernardine Franciscan Sisters Foundation Inc

Newport News, VA

PURPOSE: SEE STMT 11 SEC IV

$33,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$53,850
Net Contributions-$20
Ending Balance$53,830

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