University Medical Center Inc, operating under the name University Of Louisville Hospital, is located in Louisville, KY. The organization was established in 1996. 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 06/2020, University Of Louisville Hospital employed 3,892 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.
For the year ending 06/2020, University Of Louisville Hospital generated $636.6m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $596.9m during the year ending 06/2020. While expenses have increased by 0.7% 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.
Since 2018, University Of Louisville Hospital has awarded 14 individual grants totaling $1,169,364. 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
TO PROVIDE CARE TO OUR COMMUNITY AND TO SERVE AS A MAJOR TEACHING HOSPITAL FOR EDUCATION AND TRAINING IN MEDICINE, DENTISTRY, NURSING, AND ALLIED HEALTH PROFESSIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
UNIVERSITY MEDICAL CENTER OPERATES THE UNIVERSITY OF LOUISVILLE HOSPITAL, WHICH IS A TEACHING HOSPITAL FACILITY DESIGNATED AS A REGIONAL TRAUMA CENTER AND PROVIDES CARE TO THE MEDICALLY NEEDY REGARDLESS OF THEIR ABILITY TO PAY. SEE SCHEDULE H FOR ADDITIONAL INFORMATION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Thomas D Miller Pres./ceo, U Of L Health | OfficerTrustee | 19 | $829,769 |
Ken Marshall Coo, U Of L Health | Officer | 19 | $751,610 |
Michael Douzuk Jr Cfo, U Of L Health | Officer | 19 | $563,558 |
Pankaj Sapra Cio | Officer | 40 | $460,000 |
John Elliott VP Human Resources | Officer | 24 | $435,788 |
Shari Kretzschmer VP - Pateint Services | Officer | 40 | $350,470 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Crothall Services Group Environmental Services | 6/29/20 | $7,298,098 |
Premier Healthcare Solutions Erp Implemenation | 6/29/20 | $5,395,874 |
G4s Secure Solutions Usa Inc Security Services | 6/29/20 | $5,473,389 |
Sodexo Performance Interiors Food Services | 6/29/20 | $11,814,106 |
Wehr Constructors Inc Construction | 6/29/20 | $6,662,722 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $27,255,945 |
All other contributions, gifts, grants, and similar amounts not included above | $403,321 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $27,659,266 |
Total Program Service Revenue | $568,380,162 |
Investment income | $3,207,399 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $219,574 |
Net Gain/Loss on Asset Sales | $1,807,458 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $9,602,359 |
Miscellaneous Revenue | $0 |
Total Revenue | $636,566,362 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $267,063 |
Grants and other assistance to domestic individuals. | $201,900 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $5,395,383 |
Compensation of current officers, directors, key employees. | $809,307 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $172,731,847 |
Pension plan accruals and contributions | $11,199,055 |
Other employee benefits | $18,308,682 |
Payroll taxes | $12,992,165 |
Fees for services: Management | $1,656,972 |
Fees for services: Legal | $121,486 |
Fees for services: Accounting | $294,265 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $122,639,852 |
Advertising and promotion | $2,216,275 |
Office expenses | $9,345,853 |
Information technology | $0 |
Royalties | $363,814 |
Occupancy | $40,323,731 |
Travel | $31,058 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $50,318 |
Interest | $380,829 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $18,770,877 |
Insurance | $4,224,664 |
All other expenses | $1,666,847 |
Total functional expenses | $596,910,033 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $310,718,316 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $78,039,307 |
Loans from Officers, Directors, or Controlling Persons | $1,333,000 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $100,000 |
Inventories for sale or use | $14,481,330 |
Prepaid expenses and deferred charges | $8,226,259 |
Net Land, buildings, and equipment | $139,622,550 |
Investments—publicly traded securities | $115,108,452 |
Investments—other securities | $22,597,895 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $80,278,676 |
Total assets | $770,505,785 |
Accounts payable and accrued expenses | $77,507,509 |
Grants payable | $0 |
Deferred revenue | $188,764,418 |
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 | $7,634,953 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $214,709,421 |
Total liabilities | $488,616,301 |
Net assets without donor restrictions | $281,889,484 |
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 | $770,505,785 |
Over the last fiscal year, University Medical Center Inc has awarded $267,063 in support to 7 organizations.
Grant Recipient | Amount |
---|---|
Louisville, KY PURPOSE: OPERATIONAL SUPPORT | $230,563 |
Louisville, KY PURPOSE: OPERATIONAL SUPPORT | $9,000 |
Dallas, TX PURPOSE: OPERATIONAL SUPPORT | $7,500 |
Arlington, VA PURPOSE: OPERATIONAL SUPPORT | $5,000 |
Louisville, KY PURPOSE: OPERATIONAL SUPPORT | $5,000 |
Louisville, KY PURPOSE: OPERATIONAL SUPPORT | $5,000 |
Over the last fiscal year, we have identified 3 grants that University Medical Center Inc has recieved totaling $122,994.
Awarding Organization | Amount |
---|---|
Whas Crusade For Children Inc Louisville, KY PURPOSE: $84,000 FOR ANY ITEM ON GRANT LIST (ARTIC SUN 5000E TEMPERATURE MANAGEMENT SYSTEM, AEEG MONITORS, AND NIRS MONITORS) | $84,000 |
Ky Hospital Research & Education Foundation Inc Louisville, KY PURPOSE: HPP GRANT | $19,497 |
Ky Hospital Research & Education Foundation Inc Louisville, KY PURPOSE: HPP GRANT | $19,497 |
Organization Name | Assets | Revenue |
---|---|---|
Miami Valley Hospital Dayton, OH | $1,540,725,759 | $1,204,039,189 |
St Lukes Hospital Of Kansas City Kansas City, MO | $1,392,812,481 | $948,488,426 |
Deaconess Hospital Inc Evansville, IN | $1,654,034,103 | $1,047,627,616 |
Mercy Hospital Springfield Springfield, MO | $580,000,472 | $1,006,677,358 |
Ascension St John Hospital St Louis, MO | $420,361,390 | $924,193,769 |
The Carle Foundation Hospital Urbana, IL | $396,914,947 | $1,026,211,585 |
Kettering Medical Center Miamisburg, OH | $1,528,623,571 | $946,867,588 |
Ascension Providence Hospital St Louis, MO | $465,661,519 | $850,694,127 |
Mountain States Health Alliance Johnson City, TN | $556,120,495 | $805,201,599 |
Saint Joseph Health System Inc Lexington, KY | $972,577,044 | $844,837,722 |
Baptist Memorial Hospital Memphis, TN | $691,981,947 | $770,663,628 |
Mary Washington Healthcare Fredericksburg, VA | $475,223,962 | $734,167,988 |