Salem Health Hospitals And Clinics
- Assets
- $1.3b
- Revenue
- $150.8m
- Investments
- $966.7m
- Employees
- 0
- Location
- Salem, OR
- Founding
- 01/1988
- Data as of
- 06/2021
- EIN
- 93-0823471
Organization Overview
Salem Health Hospitals And Clinics is located in Salem, OR. The organization was established in 1988. 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. Salem Health Hospitals And Clinics 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, Salem Health Hospitals And Clinics generated $150.8m in total revenue.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT SALEM HEALTH, SALEM HEALTH WEST VALLEY AND RELATED ORGANIZATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LEASES LAND AND BUILDINGS TO RELATED FACILITIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lane Shetterly Chair | OfficerTrustee | 0.3 | $0 |
Alan Wynn Secretary/treasurer | OfficerTrustee | 0.2 | $0 |
Cheryl Nester Wolfe CEO & President | Officer | 2 | $0 |
James Parr Evp Of Operations & CFO | Officer | 1 | $0 |
John Combes MD Chair-Elect | Trustee | 0.2 | $0 |
David Harrison MD Trustee | Trustee | 0.2 | $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 | $46,777,357 |
| Investment income | $76,428,604 |
| 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 | $150,807,987 |
| 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 | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $24,501,995 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $24,501,995 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $129,235 |
| 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 | $0 |
| Net Land, buildings, and equipment | $347,212,223 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $966,749,338 |
| Investments—program-related | $780,000 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,314,870,796 |
| Accounts payable and accrued expenses | $48,313 |
| 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 | $1,095,321,326 |
| Total liabilities | $1,095,369,639 |
| Net assets without donor restrictions | $219,501,157 |
| 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 | $1,314,870,796 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Salem Health Hospitals And Clinics has recieved totaling $10.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $10 |
View Grant Recipient Profile
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Providence St Joseph Medical Center Renton, WA | $22,923,520 | $45,374,813 |
Covenant Hospital Hobbs Renton, WA | $41,744,699 | $44,968,348 |
Grace Clinic Of Lubbock Renton, WA | $7,277,137 | $42,120,487 |
St Lukes Mccall Ltd Boise, ID | $67,484,684 | $51,188,211 |
Shc Medical Center Toppenish Sunnyside, WA | $18,570,913 | $47,073,752 |
Orchard Hospital Gridley, CA | $19,685,362 | $42,779,260 |
Salem Health West Valley Dallas, OR | $43,856,584 | $44,061,492 |
Boulder City Hospital Inc Boulder City, NV | $36,131,938 | $31,703,358 |
Methodist Hospital Levelland Renton, WA | $30,129,720 | $29,112,443 |
Salem Health Hospitals And Clinics Salem, OR | $1,314,870,796 | $150,807,987 |
St Marys Hospital Inc Cottonwood, ID | $34,311,649 | $27,002,487 |
Willamette Community Health Solutions Eugene, OR | $38,321,711 | $23,358,284 |