Umass Memorial Health Care Inc

Organization Overview

Umass Memorial Health Care Inc is located in Worcester, MA. The organization was established in 2000. According to its NTEE Classification (E21) the organization is classified as: Community Health Systems, under the broad grouping of Health Care and related organizations. As of 09/2020, Umass Memorial Health Care Inc employed 14,115 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes.

For the year ending 09/2020, Umass Memorial Health Care Inc generated $2.9b in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $2.8b during the year ending 09/2020. While expenses have increased by 3.9% 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 2015, Umass Memorial Health Care Inc has awarded 44 individual grants totaling $36,171,084. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

UMASS MEMORIAL HEALTH CARE IS COMMITTED TO IMPROVING THE HEALTH OF THE PEOPLE OF CENTRAL NEW ENGLAND THROUGH EXCELLENCE IN CLINICAL CARE, SERVICE, TEACHING AND RESEARCH.

Describe the Organization's Program Activity:

Part 3 - Line 4a

UMASS MEMORIAL MEDICAL CENTER UMASS MEMORIAL MEDICAL CENTER IS COMMITTED TO IMPROVING THE HEALTH OF THE PEOPLE OF CENTRAL NEW ENGLAND THROUGH EXCELLENCE IN CLINICAL CARE, SERVICE, TEACHING AND RESEARCH. UMASS MEMORIAL MEDICAL CENTER DOES THIS BY PROVIDING INPATIENT AND OUTPATIENT HEALTH CARE SERVICES TO THE RESIDENTS OF CENTRAL NEW ENGLAND WITHOUT REGARD TO THEIR ABILITY TO PAY. FY 2020 KEY STATISTICS - TOTAL DISCHARGES: 35,026 TOTAL SURGICAL & ENDOSCOPY CASES: 38,550 TOTAL ER VISITS: 110,665


UMASS MEMORIAL MEDICAL GROUP THE UMASS MEMORIAL MEDICAL GROUP IS A MULTISPECIALTY GROUP PRACTICE OF PHYSICIANS WHOSE MISSION AND PURPOSE IS TO SUPPORT THE CLINICAL, EDUCATIONAL, RESEARCH AND COMMUNITY SERVICE MISSIONS OF UMASS MEMORIAL HEALTH CARE AND UMASS MEMORIAL MEDICAL CENTER. UMASS MEMORIAL MEDICAL GROUP ACCOMPLISHES THIS MISSION BY PROVIDING MEDICAL CARE TO RESIDENTS OF CENTRAL NEW ENGLAND WITHOUT REGARD TO THEIR ABILITY TO PAY.


UMASS MEMORIAL COMMUNITY HOSPITALS THE UMASS MEMORIAL COMMUNITY HOSPITALS (CLINTON HOSPITAL, HEALTH ALLIANCE HOSPITALS, INC., MARLBOROUGH HOSPITAL) ARE COMMITTED TO IMPROVING THE HEALTH OF THE PEOPLE OF THE COMMUNITIES THAT THEY SERVE THROUGH EXCELLENCE IN CLINICAL CARE AND SERVICE. EACH OF THESE HOSPITALS ACCOMPLISHES THIS GOAL BY PROVIDING INPATIENT AND OUTPATIENT HEALTH CARE SERVICES TO THE RESIDENTS OF THEIR COMMUNITIES WITHOUT REGARD TO THEIR ABILITY TO PAY. FY 2020 KEY STATISTICS - TOTAL DISCHARGES: 10,239 TOTAL SURGICAL & ENDOSCOPY CASES: 9,536 TOTAL ER VISITS: 72,180


OTHER UMASS MEMORIAL ENTITIES - UMASS MEMORIAL HAS A NUMBER OF SUBSIDIARY ENTITIES THAT FUNCTION PRIMARILY TO DELIVER HEALTH CARE TO PATIENTS OR TO SUPPORT THE DELIVERY OF HEALTH CARE TO PATIENTS OF UMASS MEMORIAL. THEY ACCOMPLISH THIS THROUGH THE DELIVERY OF HEALTH CARE SERVICES WITHOUT REGARD TO THE PATIENT'S ABILITY TO PAY. THEY ALSO ACCOMPLISH THIS BY PROVIDING SUPPORT, OR PATIENT ADVOCACY SERVICES TO THE PATIENTS OF UMASS MEMORIAL, CENTRAL NEW ENGLAND, AND OTHER GEOGRAPHIES.


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Board, Officers & Key Employees

Name (title)Compensation
Name Not Listed
Director, Umm Community Hospitals, Inc.
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Vizient Inc
Supply Chain Services
$8,868,929
Crothall Healthcare
Clinical Engineering Services
$5,154,016
Valet Park Am
Parking & Transportation Services
$3,831,957
Sodexo Inc Affiliates
Food Management Services
$4,101,532
Angelica Corporation
Linen Services
$3,562,704
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$135,720
Membership dues$0
Fundraising events$2,730
Related organizations$12,000
Government grants $32,630,308
All other contributions, gifts, grants, and similar amounts not included above$8,905,027
Noncash contributions included in lines 1a–1f $39,915
Total Revenue from Contributions, Gifts, Grants & Similar$41,685,785
Total Program Service Revenue$2,792,155,257
Investment income $11,434,558
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $362,694
Net Gain/Loss on Asset Sales $2,128,720
Net Income from Fundraising Events -$2,544
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,856,147,368

Grants Awarded

Over the last fiscal year, Umass Memorial Health Care Inc has awarded $8,957,015 in support to 8 organizations.

Grant RecipientAmount

UNIVERSITY OF MA MEDICAL SCHOOL

Org PageRecipient Profile

Shrewsbury, MA

PURPOSE: 3a. Primary purpose of the academic investment funds is to support the University of Massachusetts Medical School programs. - $6,789,500 3b. The primary objective of the present study is to evaluate the safety and efficacy of physician-modification of FDA-approved off-the-shelf endovascular grafts in the treatment of patients with complex Aortic Aneurysm Repair. - $99,890

$6,889,390

EDWARD M KENNEDY COMM HEALTH CTR INC

Org PageRecipient Profile

Worcester, MA

PURPOSE: 2. Support for Health Center's mission. The standard set forth is a reasonable expectation that the Grants will contribute meaningfully to each of the Health Center's ability to maintain or increase the availability, or enhance the quality, of services provided to a medically underserved population serviced by the Health Centers. Each Health Center has documented the basis for said reasonable expectation.

$1,000,000

FAMILY HEALTH CENTER OF WORCESTER INC

Org PageRecipient Profile

Worcester, MA

PURPOSE: 1. Support for Health Center's mission. The standard set forth is a reasonable expectation that the Grants will contribute meaningfully to each of the Health Center's ability to maintain or increase the availability, or enhance the quality, of services provided to a medically underserved population serviced by the Health Centers. Each Health Center has documented the basis for said reasonable expectation.

$1,000,000

REGIONAL ENVIRONMENTAL COUNCIL

Org PageRecipient Profile

Worcester, MA

PURPOSE: 4. Support access to healthy food

$25,000

AMERICAN HEART ASSOCIATION

Org PageRecipient Profile

Dallas, TX

PURPOSE: 5. Support for American Heart Association

$20,000

METROWEST HEALTH FOUNDATION

Org PageRecipient Profile

Framingham, MA

PURPOSE: 6. Support for Community Health Needs Assessment

$9,375
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Umass Memorial Health Care Inc has recieved totaling $10,000.

Awarding OrganizationAmount
Hitchcock Foundation

Lebanon, NH

PURPOSE: Research Support

$10,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$81,047,795
Earnings$3,945,683
Net Contributions$1,868,081
Other Expense$2,686,271
Ending Balance$84,175,288

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