Penn State Health Lancaster Medical Center
- Assets
- $162.5m
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hershey, PA
- Founding
- Data as of
- 06/2021
- EIN
- 85-1620990
Organization Overview
Penn State Health Lancaster Medical Center is located in Hershey, PA. 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. Penn State Health Lancaster Medical Center is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE HEALTH THROUGH THE DEVELOPMENT AND OPERATION OF AN ACUTE CARE (CONTINUED ON SCHEDULE O) HOSPITAL AND THE PROVISION OF HEALTH CARE SERVICES IN LANCASTER, PENNSYLVANIA.
Describe the Organization's Program Activity:
Part 3
PENN STATE HEALTH LANCASTER MEDICAL CENTER ('PSHLMC') WAS FORMED TO PROMOTE HEALTH THROUGH THE DEVELOPMENT AND OPERATION OF AN ACUTE CARE HOSPITAL AND THE PROVISION OF HEALTH CARE SERVICES IN LANCASTER, PENNSYLVANIA. PSHLMC WILL GIVE RESIDENTS OF LANCASTER AND YORK COUNTIES ADDITIONAL ACCESS TO PENN STATE HEALTH'S EXPERTISE AND SPECIALTY SERVICES WITHOUT HAVING TO MAKE THE DRIVE TO HERSHEY. THE FACILITY IS CURRENTLY UNDER CONSTRUCTION WITH COMPLETION EXPECTED IN SUMMER 2022.ONCE OPENED, OUR NEW FACILITY WILL HELP ENSURE RESIDENTS IN NEARBY COMMUNITIES HAVE ACCESS, QUALITY AND CHOICE OF CARE AS CLOSE TO HOME AS POSSIBLE.ACTIVITIES:PSHLMC INTENDS TO OPERATE A NEW 129-BED, FIVE-STORY ACUTE CARE HOSPITAL IN LANCASTER, PENNSYLVANIA. AS CURRENTLY PLANNED, THE FACILITY WILL FEATURE ALL PRIVATE INPATIENT BEDS, AN EMERGENCY DEPARTMENT, PHYSICIAN OFFICES, VARIOUS SPECIALTY INPATIENT SERVICES, IMAGING AND LABORATORY SERVICES, AND COMPLETE MEDICAL AND SURGICAL CAPABILITIES.
PENN STATE HEALTH LANCASTER MEDICAL CENTER ('PSHLMC') WAS FORMED TO PROMOTE HEALTH THROUGH THE DEVELOPMENT AND OPERATION OF AN ACUTE CARE HOSPITAL AND THE PROVISION OF HEALTH CARE SERVICES IN LANCASTER, PENNSYLVANIA. PSHLMC WILL GIVE RESIDENTS OF LANCASTER AND YORK COUNTIES ADDITIONAL ACCESS TO PENN STATE HEALTH'S EXPERTISE AND SPECIALTY SERVICES WITHOUT HAVING TO MAKE THE DRIVE TO HERSHEY. THE FACILITY IS CURRENTLY UNDER CONSTRUCTION WITH COMPLETION EXPECTED IN SUMMER 2022.ONCE OPENED, OUR NEW FACILITY WILL HELP ENSURE RESIDENTS IN NEARBY COMMUNITIES HAVE ACCESS, QUALITY AND CHOICE OF CARE AS CLOSE TO HOME AS POSSIBLE.ACTIVITIES:PSHLMC INTENDS TO OPERATE A NEW 129-BED, FIVE-STORY ACUTE CARE HOSPITAL IN LANCASTER, PENNSYLVANIA. AS CURRENTLY PLANNED, THE FACILITY WILL FEATURE ALL PRIVATE INPATIENT BEDS, AN EMERGENCY DEPARTMENT, PHYSICIAN OFFICES, VARIOUS SPECIALTY INPATIENT SERVICES, IMAGING AND LABORATORY SERVICES, AND COMPLETE MEDICAL AND SURGICAL CAPABILITIES.
PSHLMC INTENDS TO OPERATE A NEW 129-BED, FIVE-STORY ACUTE CARE HOSPITAL IN LANCASTER, PENNSYLVANIA. EXPECTED TO OPEN IN THE FALL OF 2022, OUR NEW FACILITY WILL HELP ENSURE RESIDENTS IN NEARBY COMMUNITIES HAVE ACCESS, QUALITY AND CHOICE OF CARE AS CLOSE TO HOME AS POSSIBLE. AS CURRENTLY PLANNED, THE FACILITY WILL FEATURE ALL PRIVATE INPATIENT BEDS, AN EMERGENCY DEPARTMENT, PHYSICIAN OFFICES, VARIOUS SPECIALTY INPATIENT SERVICES, IMAGING AND LABORATORY SERVICES, AND COMPLETE MEDICAL AND SURGICAL CAPABILITIES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephen Massini Director/chair | 0 | $0 | |
Paula Tinch Director/treasurer | 0 | $0 | |
Joseph Frank President | OfficerTrustee | 1 | $0 |
Annemarie Boyan Secretary | 0 | $0 | |
Judith Hlafcsak Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| 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 | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $0 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $25,258 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $102 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $12,729 |
| All other expenses | $1,469 |
| Total functional expenses | $39,558 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $341,882 |
| Net Land, buildings, and equipment | $162,190,279 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $162,532,161 |
| Accounts payable and accrued expenses | $13,876,618 |
| 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 | $148,820,733 |
| Total liabilities | $162,697,351 |
| Net assets without donor restrictions | -$165,190 |
| 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 | $162,532,161 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Healthcare Choices Ny Inc Brooklyn, NY | $5,459,308 | $10,428,165 |
Moses Taylor Foundation Inc Scranton, PA | $79,278,222 | $14,094,526 |
Grace Hospital Cleveland, OH | $20,904,210 | $11,352,470 |
Mount Carmel Health System Foundation Columbus, OH | $179,224,370 | $14,161,833 |
Vassar Brothers Hospital Foundation Poughkeepsie, NY | $58,560,925 | $4,051,790 |
Lancaster General Health-Columbia Center Columbia, PA | $7,401,530 | $6,377,144 |
Winton Hills Medical & Health Center Cincinnati, OH | $6,360,553 | $8,445,902 |
Upmc Pittsburgh, PA | $1,349,011 | $2,702,021 |
Penn State Health Hampden Medical Center Hershey, PA | $282,020,516 | $137,789 |
John F Kennedy Memorial Hospital Philadelphia, PA | $1,295,540 | $8,022,206 |
Springvale Health Centers Inc Dover, OH | $4,988,165 | $9,133,270 |
Excela Health Greensburg, PA | $246,966,769 | $11,942,397 |