Uofl Health-Louisville Inc
- Assets
- $577.1m
- Revenue
- $950.0m
- Investments
- $0.0
- Employees
- 0
- Location
- Louisville, KY
- Founding
- Data as of
- 06/2021
- EIN
- 84-3178470
Organization Overview
Uofl Health-Louisville Inc is located in Louisville, KY. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Uofl Health-Louisville 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 06/2021, Uofl Health-Louisville Inc generated $950.0m in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 32.8% each year . All expenses for the organization totaled $804.4m during the year ending 06/2021. While expenses have increased by 35.8% per year over the past 2 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 2021, Uofl Health-Louisville Inc has awarded 13 individual grants totaling $172,000. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO OPERATE AND MAINTAIN HOSPITALS AFFILIATED WITH THE UNIVERSITY OF LOUISVILLE SCHOOL OF MEDICINE AND TO PROVIDE CARE FOR THE PEOPLE WHO ARE IN NEED OF THOSE, OR RELATED, MEDICAL SERVICES.
Describe the Organization's Program Activity:
UOFL HEALTH-LOUISVILLE, INC. OPERATES FOUR HOSPITALS IN THE LOUISVILLE METROPOLITAN AREA, EACH OFFERING UNIQUE AND VITAL SERVICES TO CORPORATION'S COMMUNITY OF JEFFERSON COUNTY, KENTUCKY. UOFL HEALTH-JEWISH HOSPITAL ("JEWISH HOSPITAL") OPERATES A 462-LICENSED BED HOSPITAL THAT IS KNOWN FOR ITS MANY GROUNDBREAKING SERVICES, WHICH INCLUDE BEING THE SITE OF THE NATION'S FIRST FOUR HAND TRANSPLANTS. UOFL HEALTH-PEACE HOSPITAL ("PEACE HOSPITAL") IS A 220-LICENSED BED BEHAVIORAL HEALTH CARE HOSPITAL THAT OFFERS A FULL CONTINUUM OF BEHAVIORAL HEALTH AND SUBSTANCE USE SERVICES, AS WELL AS SPECIALTY PROGRAMS FOR BOTH CHILDREN AND ADULTS WHO HAVE COMPLEX TREATMENT NEEDS. UOFL HEALTH - MARY & ELIZABETH HOSPITAL ("MARY & ELIZABETH HOSPITAL") IS A 298-BED PRIMARY CARE HOSPITAL THAT OFFERS ADVANCE TREATMENT IN ORTHOPEDICS, CARDIOLOGY, MEDICAL IMAGING, SURGICAL AND EMERGENCY SERVICES, AND IS THE HOME OF THE REGION'S ONLY WEIGHT LOSS MANAGEMENT PROGRAM (BARIATRIC CARE) UTILIZING THE LAP-BAND SYSTEM. UOFL HEALTH-FRAZIER REHABILITATION INSTITUTE OPERATES A 135-BED REHABILITATION HOSPITAL IN DOWNTOWN LOUISVILLE ("FRAZIER REHAB HOSPITAL", AND, TOGETHER WITH - JEWISH HOSPITAL, PEACE HOSPITAL, AND MARY & ELIZABETH HOSPITAL, "CORPORATION HOSPITALS").UOFL HEALTH-LOUISVILLE, INC OFFERS 24/7 EMERGENCY CARE AT JEWISH HOSPITAL AND MARY & ELIZABETH HOSPITAL, AS WELL AS AT THREE MEDICAL CENTERS: MEDICAL CENTER EAST, MEDICAL CENTER SOUTH, AND MEDICAL CENTER SOUTHWEST. CORPORATION'S FACILITIES PARTICIPATE IN THE MEDICARE AND MEDICAID PROGRAMS. IN ADDITION TO THE ABOVE-MENTIONED NOTEWORTHY SERVICES THAT ARE PROVIDED AT THE HOSPITALS, UOFL HEALTH- LOUISVILLE, INC PROVIDES A WIDE RANGE OF OTHER INPATIENT AND OUTPATIENT HOSPITAL SERVICES THAT INCLUDE ORGAN TRANSPLANT PROCEDURES; DIABETES AND NUTRITION CARE; NEUROLOGY CARE; PODIATRY CARE; COMPREHENSIVE CARDIOVASCULAR CARE; NUMEROUS REHABILITATIVE AND PHYSICAL THERAPY SERVICES; ADVANCED TREATMENT IN ORTHOPEDICS, CARDIOLOGY, MEDICAL IMAGING, SURGICAL AND EMERGENCY SERVICES; DIAGNOSTICS AND MEDICAL IMAGING; DIGITAL MAMMOGRAPHY AND BREAST MRI; OUTPATIENT SURGICAL SERVICES (ENDOSCOPY, PODIATRY, OPHTHALMOLOGY, AND COMPREHENSIVE DENTISTRY); CANCER CARE; AND ORTHOPEDIC CARE, AMONG NUMEROUS OTHER SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas D Miller Ceo, U Of L Health | OfficerTrustee | 23 | $0 |
Ken Marshall Coo, U Of L Health | OfficerTrustee | 23 | $0 |
Michael Douzuk Jr Cfo, U Of L Health | Officer | 23 | $0 |
John Walsh Cao -Uofl - Jewish | Officer | 40 | $0 |
Jason Smith MD Chief Medical Officer | Officer | 20 | $0 |
Shari Kretzschmer Chief Nursing Officer | Officer | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $45,706,694 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,128,289 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $46,834,983 |
| Total Program Service Revenue | $881,465,836 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $5,142,925 |
| Net Gain/Loss on Asset Sales | $4,151,076 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $950,019,808 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $185,550 |
| 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 | $275,656,576 |
| Pension plan accruals and contributions | $15,913,616 |
| Other employee benefits | $30,860,283 |
| Payroll taxes | $20,985,299 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,806,401 |
| Fees for services: Accounting | $200,038 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $152,855,100 |
| Advertising and promotion | $4,837,267 |
| Office expenses | $48,364,369 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $16,748,345 |
| Travel | $203,007 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $385,428 |
| Interest | $64,669 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $16,088,643 |
| Insurance | $6,667,315 |
| All other expenses | $0 |
| Total functional expenses | $804,436,350 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $12,885 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $24,657,742 |
| Accounts receivable, net | $178,321,242 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $28,913,314 |
| Prepaid expenses and deferred charges | $11,152,679 |
| Net Land, buildings, and equipment | $151,926,050 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $182,158,324 |
| Total assets | $577,142,236 |
| Accounts payable and accrued expenses | $81,397,906 |
| Grants payable | $0 |
| Deferred revenue | $73,823,063 |
| 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 | $35,000,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $83,483,792 |
| Total liabilities | $273,704,761 |
| Net assets without donor restrictions | $278,779,733 |
| Net assets with donor restrictions | $24,657,742 |
| 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 | $577,142,236 |
Grants Awarded
Over the last fiscal year, Uofl Health-Louisville Inc has awarded $172,000 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
Dallas, TX PURPOSE: PROGRAM SERVICES | $36,000 |
STATE OF KENTUCKY PURPOSE: PROGRAM SERVICES | $24,800 |
Washington, DC PURPOSE: PROGRAM SERVICES | $20,000 |
Kennesaw, GA PURPOSE: PROGRAM SERVICES | $20,000 |
Louisville, KY PURPOSE: PROGRAM SERVICES | $17,200 |
Kennesaw, GA PURPOSE: PROGRAM SERVICES | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Uofl Health-Louisville Inc has recieved totaling $7,543,603.
| Awarding Organization | Amount |
|---|---|
University Of Louisville Foundation Inc Louisville, KY PURPOSE: GENERAL SUPPORT | $7,543,603 |
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 |
Kettering College Miamisburg, OH | $1,728,903,615 | $1,055,020,178 |
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 |
Mary Washington Healthcare Fredericksburg, VA | $593,675,918 | $863,388,863 |
Uofl Health-Louisville Inc Louisville, KY | $577,142,236 | $950,019,808 |