Bradford Regional Medical Center in Bradford, Pennsylvania (PA)

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Bradford Regional Medical Center
Employer Identification Number (EIN)250965270
Name of OrganizationBradford Regional Medical Center
In Care of NameBruce Weddell
Address116 Interstate Pkwy, Bradford, PA 16701-1036
ActivitiesHospital
SubsectionCharitable Organization
Ruling Date03/1939
DeductibilityContributions are deductible
FoundationHospital or medical research organization
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period06/2010
Assets$50,000,000 to greater
Income$50,000,000 to greater
Filing Requirement990 (all other) or 990EZ return
Asset Amount$81,847,803
Amount of Income$82,511,794
Form 990 Revenue Amount$66,133,255
National Taxonomy of Exempt Entities (NTEE)Health - General and Rehabilitative: Hospital, General


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Amount of income in 2010: $82,511,794
Bradford Regional Medical Center: 

 $82,511,794
Other organizations performing similar types of work: 

 $133,502,724

Assets in 2010: $81,847,803
This organization: 

 $81,847,803
Other organizations performing similar types of work: 

 $112,325,037

Expenses in 2007: $63,023,730
This organization: 

 $63,023,730
Other organizations performing similar types of work: 

 $117,852,184

Income to expenses ratio in 2007: 1.0
This organization: 

 1.0
Other organizations performing similar types of work: 

 1.0

Expenses allocated to program services in 2007: 91.4%
This organization: 

 91.4%
Other organizations performing similar types of work: 

 85.7%

Number of employees in 2007: 633
Bradford Regional Medical Center: 

 633
Other organizations performing similar types of work: 

 1,079

Employees paid over $50,000 in 2007: 23.2%
This organization: 

 23.2%
Other organizations performing similar types of work: 

 28.8%

Grants share in income in 2007: 0.0%
Bradford Regional Medical Center: 

 0.0%
Other organizations performing similar types of work: 

 0.4%

Financial snapshot ($)

Revenue for 2007

Assets at end of 2007

Expenses for 2007

Functional Expenses for 2007 ($)

Income-Producing Activities for 2007

Revenue, Expenses, and Changes in Net Assets or Fund Balances
20002001200220032004200520062007
Total revenue$47,621,650$48,193,145$47,504,366$50,786,634$57,583,439$62,492,642$63,595,540$63,232,945
Contributions, gifts, grants, and similar amounts received$1,000$0$0$0$0$3,208,575$10,153$0
Contributions to donor advised funds$0$0
Direct public support$1,000$0$0$0$0$0$153$0
Indirect public support$0$0$0$0$0$0$0$0
Government contributions (grants)$0$0$0$0$0$3,208,575$10,000$0
Program service revenue including government fees and contracts$44,389,955$46,120,078$46,226,348$48,407,678$56,848,892$58,347,359$61,978,664$62,335,704
Membership dues and assessments$0$0$0$0$0$0$0$0
Interest on savings and temporary cash investments$130,364$67,742$0$0$0$0$0$0
Dividends and interest from securities$793,806$300,342$580,832$218,195$370,921$189,957$106,064$213,486
Net rental income or (loss)$-13,026$-5,232$0$0$0$0$0$0
Gross rents$154,150$152,025$0$0$0$0$0$0
Less: rental expenses$167,176$157,257$0$0$0$0$0$0
Other investment income$52,681$58,455$0$0$0$0$0$284,015
Gain or (loss) from sales of assets other than inventory$541,824$191,872$-495,105$445,693$363,472$474,689$1,370,457$295,474
Gross amount from sales of assets other than inventory$12,208,107$191,872$1,401$8,429,682$6,627,549$6,994,893$10,175,057$4,228,843
Less: cost or other basis and sales expenses$11,666,283$0$496,506$7,983,989$6,264,077$6,520,204$8,804,600$3,933,369
Net income or (loss) from special events and activities$0$0$0$0$0$0$0$0
Gross revenue$0$0$0$0$0$0$0$0
Less: direct expenses other than fundraising expenses$0$0$0$0$0$0$0$0
Gross profit or (loss) from sales of inventory$0$0$0$0$0$0$0$0
Gross sales of inventory, less returns and allowances$0$0$0$0$0$0$0$0
Less: cost of goods sold$0$0$0$0$0$0$0$0
Other revenue$1,725,046$1,459,888$1,192,291$1,715,068$154$272,062$130,202$104,266
Total expenses$46,607,407$50,087,240$46,525,347$49,580,144$55,255,442$64,607,702$65,315,834$63,023,730
Program services$35,448,363$38,325,828$38,083,937$40,093,353$46,275,829$54,019,798$60,219,523$57,579,926
Management and general$11,159,044$11,761,412$8,441,410$9,486,791$8,979,613$10,587,904$5,096,311$5,443,804
Fundraising$0$0$0$0$0$0$0$0
Payments to affiliates$0$0$0$0$0$0$0$0
Net assets or fund balances at end of year$29,895,564$26,571,863$25,235,452$26,180,760$28,351,795$25,533,099$21,283,481$19,007,062
Excess or (deficit) for the year$1,014,243$-1,894,095$979,019$1,206,490$2,327,997$-2,115,060$-1,720,294$209,215
Net assets or fund balances at beginning of year$29,352,219$29,895,564$26,571,863$25,235,452$26,180,760$28,351,795$25,533,099$21,283,481
Other changes in net assets or fund balances$-470,898$-1,429,606$-2,315,430$-261,182$-156,962$-703,636$-2,529,324$-2,485,634
Statement of Functional Expenses (for 2007)
TotalProgram servicesManagement and generalFundraising
Total functional expenses$63,023,730$57,579,926$5,443,804$0
Grants paid from donor advised funds$0
Other grants and allocations$0
Specific assistance to individuals$0
Benefits paid to or for members$0
Compensation of current officers, directors, key employees, etc.$801,021$0$801,021$0
Compensation of former officers, directors, key employees, etc.$0$0$0$0
Compensation and other distributions, not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0$0$0
Salaries and wages of employees not included above$24,877,182$22,793,953$2,083,229$0
Pension plan contributions not included above$1,707,813$1,557,505$150,308$0
Employee benefits not included above$2,630,440$2,398,930$231,510$0
Payroll taxes$1,767,680$1,612,103$155,577$0
Professional fundraising fees$0$0$0$0
Accounting fees$188,962$188,962$0$0
Legal fees$310,313$5,738$304,575$0
Supplies$12,095,848$12,030,115$65,733$0
Telephone$289,973$278,293$11,680$0
Postage and shipping$296,905$296,130$775$0
Occupancy$1,429,147$1,429,147$0$0
Equipment rental and maintenance$2,830,975$2,825,624$5,351$0
Printing and publications$63,125$60,653$2,472$0
Travel$243,761$217,059$26,702$0
Conferences, conventions, and meetings$0$0$0$0
Interest$1,104,814$763,023$341,791$0
Depreciation, depletion, etc.$2,999,569$2,071,608$927,961$0
Other expenses not covered above$9,386,202$9,051,083$335,119$0
Balance Sheets
20002001200220032004200520062007
Total assets$54,698,966$50,831,796$50,563,505$52,064,062$55,992,875$71,951,655$66,321,041$58,751,810
Cash - non-interest-bearing$0$0$0$0$0$0$0$0
Savings and temporary cash investments$526,636$480,916$485,880$1,649,640$1,418,704$11,128$507,707$105,322
Accounts receivable less allowance for doubtful accounts$6,076,694$5,629,242$5,391,607$5,888,805$8,648,413$7,297,958$7,082,942$6,948,397
Pledges receivable less allowance for doubtful accounts$0$0$0$0$0$0$0$0
Grants receivable$0$0$0$0$0$0$0$0
Receivables from current and former officers, directors, trustees, and key employees$0$0$0$0$0$0$0$0
Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0
Other notes and loans receivable less allowance for doubtful accounts$0$0$0$0$0$0$0$0
Inventories for sale or use$1,005,022$1,127,057$1,216,246$1,196,331$1,678,722$1,839,286$1,625,617$1,712,685
Prepaid expenses and deferred charges$385,375$571,313$1,199,655$1,047,229$1,340,746$1,260,445$1,312,032$927,704
Investments - publicly-traded securities$14,038,289$9,873,472
Investments - other securities$16,931,249$15,187,828$12,948,200$14,400,789$15,007,659$23,619,720$0$0
Investments - land, buildings, and equipment less accumulated depreciation$664,477$664,477$0$0$0$0$0$0
Investments - other$0$0$0$0$504,192$760,192$881,855$1,111,280
Land, buildings, and equipment less accumulated depreciation$22,071,901$20,586,967$20,175,075$19,381,338$18,326,896$25,492,124$29,798,381$30,773,521
Other assets, including program-related investments$7,037,612$6,583,996$9,146,842$8,499,930$9,067,543$11,670,802$11,074,218$7,299,429
Total liabilities$24,803,402$24,259,933$25,328,053$25,883,302$27,641,080$46,418,556$45,037,560$39,744,748
Accounts payable and accrued expenses$6,769,133$7,259,570$6,943,295$8,554,878$10,692,647$14,888,741$11,023,519$9,930,446
Grants payable$0$0$0$0$0$0$0$0
Deferred revenue$45,374$30,535$84,379$46,128$0$0$0$0
Loans from officers, directors, trustees, and key employees$0$0$0$0$0$0$0$0
Tax-exempt bond liabilities$16,655,328$16,119,110$15,632,663$15,195,000$14,603,145$24,070,312$23,324,784$22,554,256
Mortgages and other notes payable$0$400,000$695,785$915,315$672,707$6,762,372$6,027,668$2,014,537
Other liabilities$1,333,567$450,718$1,971,931$1,171,981$1,672,581$697,131$4,661,589$5,245,509
Total liabilities and net assets/fund balances$54,698,966$50,831,796$50,563,505$52,064,062$55,992,875$71,951,655$66,321,041$58,751,810
Total net assets or fund balances$29,895,564$26,571,863$25,235,452$26,180,760$28,351,795$25,533,099$21,283,481$19,007,062
Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
20002001200220032004200520062007
Total revenue$47,621,650$48,193,145$47,504,366$50,786,634$0$0$0$0
Total revenue, gains, and other support per audited financial statements$45,033,010$45,408,236$47,968,740$51,694,222$0$0$0$0
Other expenses$-470,898$-1,429,606$464,374$907,588$0$0$0$0
Net unrealized gains on investments$-470,898$-1,429,606$464,374$907,588$0$0$0$0
Donated services and use of facilities$0$0$0$0$0$0$0$0
Recoveries of prior year grants$0$0$0$0$0$0$0$0
Other$0$0$0$0$0$0$0$0
Other revenue$2,117,742$1,355,303$0$0$0$0$0$0
Investment expenses$0$0$0$0$0$0$0$0
Other$2,117,742$1,355,303$0$0$0$0$0$0
Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
20002001200220032004200520062007
Total expenses$46,607,407$50,087,240$46,525,347$49,580,144$0$0$0$0
Total expenses and losses per audited financial statements$44,489,665$48,731,937$46,525,347$49,580,144$0$0$0$0
Other revenue$0$0$0$0$0$0$0$0
Donated services and use of facilities$0$0$0$0$0$0$0$0
Prior year adjustments$0$0$0$0$0$0$0$0
Losses$0$0$0$0$0$0$0$0
Other$0$0$0$0$0$0$0$0
Other expenses$2,117,742$1,355,303$0$0$0$0$0$0
Investment expenses$0$0$0$0$0$0$0$0
Other$2,117,742$1,355,303$0$0$0$0$0$0
Current Officers, Directors, Trustees, and Key Employees
Average hours per week devoted to positionCompensationContributions to employee benefit plans & deferred compensation plansExpense account and other allowances
40$273,360$20,000$0
40$151,903$15,000$0
40$126,880$5,075$0
40$96,990$11,639$0
40$92,164$8,010$0
Total number of officers, directors, and trustees permitted to vote on organization business at board meetings17
Are any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, related to each other through family or business relationships?No
Do any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, receive compensation from any other organizations, whether tax exempt or taxable, that are related to the organization?No
Does the organization have a written conflict of interest policy?Yes
Other Information
Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return, and has it filed a tax return on Form 990-T for this year?No
Was there a liquidation, dissolution, termination, or substantial contraction during the year?No
Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc., to any other exempt or nonexempt organization?Yes
Direct and indirect political expenditures$0
Did the organization file Form 1120-POL for this year?No
Were substantially all dues nondeductible by members?
Did the organization make only in-house lobbying expenditures of $2,000 or less?
Dues, assessments, and similar amounts from members$0
Section 162(e) lobbying and political expenditures$0
Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices$0
Taxable amount of lobbying and political expenditures$0
Does the organization elect to pay the section 6033(e) tax on the amount above?
If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount above to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the following tax year?
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)?No
Amount of tax imposed on the organization during the year under: section 4911$0
Amount of tax imposed on the organization during the year under: section 4912$0
Amount of tax imposed on the organization during the year under: section 4955$0
Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year?No
Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958$0
Amount of tax above, reimbursed by the organization$0
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?No
Did the organization acquire a direct or indirect interest in any applicable insurance contract?No
Did the supporting organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during the year?No
Number of employees employed in the pay period that includes March 12, 2006633
Analysis of Income-Producing Activities (for 2007)
Unrelated business incomeExcluded by section 512, 513, or 514Related or exempt function income
Business codeAmountExclusion codeAmount
Total$0$508,960$62,723,985
Program service revenue
Program service revenue 1000000$000$0$62,335,704
Program service revenue 2000000$000$0$0
Program service revenue 3000000$000$0$0
Program service revenue 4000000$000$0$0
Program service revenue 5000000$000$0$0
Medicare/Medicaid payments000000$000$0$0
Fees and contracts from government agencies000000$000$0$0
Membership dues and assessments000000$000$0$0
Interest on savings and temporary cash investments000000$000$0$0
Dividends and interest from securities000000$0Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$213,486$0
Net rental income or (loss) from real estate
debt-financed property000000$000$0$0
not debt-financed property000000$000$0$0
Net rental income or (loss) from personal property000000$000$0$0
Other investment income000000$000$0$284,015
Gain or (loss) from sales of assets other than inventory000000$0Gain (or loss, to the extent allowed) from the sale of investments and other non-inventory property and from certain property acquired from financial institutions that are in conservatorship or receivership (sections 512(b)(5) and 512(b)(16)(A))$295,474$0
Net income or (loss) from special events000000$000$0$0
Gross profit or (loss) from sales of inventory000000$000$0$0
Other revenue000000$000$0$104,266
Information Regarding Taxable Subsidiaries and Disregarded Entities (for 2007)
EIN of corporation, partnership, or disregarded entityPercentage of ownership interestTotal incomeEnd-of-year assets
251591420100%$89,690$200,000
0000000000%$0$0
0000000000%$0$0
0000000000%$0$0
Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (for 2007)
CompensationContributions to employee benefit plans & deferred compensationExpense account and other allowances
$475,403$36,130$0
$347,553$35,500$0
$297,899$5,958$0
$268,995$30,684$0
$237,825$43,333$0
Total number of other employees paid over $50,000137
Statements About Activities (for 2007)
Expenses paid or incurred in connection with the lobbying activities$11,425
Did the organization receive or hold an easement for conservation purposes, including easements to preserve open space, the environment, historic land areas or historic structures?No
Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services?No
Did the organization maintain any donor advised funds?No
Did the organization make any taxable distributions under section 4966?No
Did the organization make a distribution to a donor, donor advisor, or related person?No
Enter the total number of donor advised funds owned at the end of the tax year$0
Enter the aggregate value of assets held in all donor advised funds owned at the end of the tax year$0
Enter the total number of separate funds or accounts owned at the end of the tax year (excluding donor advised funds included above) where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts$0
Enter the aggregate value of assets held in all funds or accounts included above at the end of the tax year$0
Reason for Non-Private Foundation Status
The organization is not a private foundation because it isHospital, or a cooperative hospital service organization
Support Schedule
19992000200120022003200420052006
Total$0$0$0$0$0$0$0$0
Gifts, grants, and contributions received$0$0$0$0$0$0$0$0
Membership fees received$0$0$0$0$0$0$0$0
Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's charitable, etc., purpose$0$0$0$0$0$0$0$0
Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30, 1975$0$0$0$0$0$0$0$0
Net income from unrelated business activities not included above$0$0$0$0$0$0$0$0
Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf$0$0$0$0$0$0$0$0
The value of services or facilities furnished to the organization by a governmental unit without charge. Do not include the value of services or facilities generally furnished to the public without charge$0$0$0$0$0$0$0$0
Other income$0$0$0$0$0$0$0$0
Lobbying Expenditures by Electing Public Charities (for 2007)
Total exempt purpose expenditures$0
Total lobbying expenditures$0
Total lobbying expenditures to influence public opinion (grassroots lobbying)$0
Total lobbying expenditures to influence a legislative body (direct lobbying)$0
Other exempt purpose expenditures$0
Lobbying nontaxable amount$0
Grassroots nontaxable amount$0
Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Upmc, Upmc Presbyterian Shadyside600 Grant St Fl 58, Pittsburgh, PA 15219-2739PA1983-01$1,627,660,835
2Lehigh Valley Hospital2100 Mack Blvd, Allentown, PA 18103-5622PA1972-02$1,612,257,814
3Lancaster General Hospital555 N Duke St, Lancaster, PA 17602-2250PA1937-02$1,142,155,324
4Main Line Hospitals Inc950 Haverford Road, Bryn Mawr, PA 19010-3850PA1934-08$1,077,501,206
5York HospitalPO BOX 2767, York, PA 17405-2767PA1937-04$926,111,663
6Geisinger Medical Center100 North Academy Avenue Mc 49-70, Danville, PA 17822-9800PA1937-10$869,008,577
7Upmc600 Grant St Fl 58, Pittsburgh, PA 15219-2739PA1983-01$786,632,077
8Reading Hospital & Medical CenterPO BOX 16052, Reading, PA 19612-6052PA1936-03$776,574,866
9Pinnacle Health HospitalsPO BOX 8700, Harrisburg, PA 17105-8700PA1995-11$757,969,928
10Albert Einstein Medical Center5501 Old York Road, Philadelphia, PA 19141-3018PA1953-11$744,747,894
11St Lukes Hospital801 Ostrum Street, Bethlehem, PA 18015-1000PA1943-02$710,790,674
12Conemaugh Valley Memorial Hospital, Memorial Medical Center1086 Franklin St, Johnstown, PA 15905-4305PA1972-08$707,708,821
13Abington Memorial Hospital1200 Old York Rd, Abington, PA 19001-3720PA1935-02$707,682,863
14Aria HealthKnights Red Lion Rds, Philadelphia, PA 19114PA1936-02$680,345,777
15Allegheny General HospitalPittsburgh, PA 15212PA$607,473,480
16Crozer-Chester Medical Center1 Medical Center Blvd, Upland, PA 19013-3995PA1937-02$592,371,227
17Upmc, Community Care Behavioral Health Or600 Grant St Fl 56, Pittsburgh, PA 15219-2730PA1983-01$568,826,073
18Upmc, University Of Pittsburgh Physicians600 Grant St Fl 58, Pittsburgh, PA 15219-2739PA1983-01$543,598,806
19Robert Packer HospitalOne Guthrie Square, Sayre, PA 18840-1625PA1934-08$531,720,610
20Pennsylvania Hospital Of The Univ Of Pennsylvania Health System1500 Market St 8th Floor, Philadelphia, PA 19102-2100PA1997-08$485,573,183
21Lehigh Valley Hospital-Muhlenberg2100 Mack Blvd, Allentown, PA 18103-5622PA1987-06$483,857,616
22Heritage Valley Health System720 Blackburn Rd, Sewickley, PA 15143-1459PA1997-02$480,034,843
23University Of Pennsylvania Medical, University Of Pennsylvania Center H1500 Market St 8th Floor, Philadelphia, PA 19102-2100PA1995-06$425,590,950
24St Mary Medical Center1201 Langhorn Newtown Road, Langhorn, PA 19047-1201PA1946-03$397,109,542
25Mount Nittany Medical Center1800 E Park Ave, State College, PA 16803-6709PA1951-07$381,324,332
26Geisinger Wyoming Valley Medical Center100 North Academy Avenue Mc 49-70, Danville, PA 17822-9800PA1978-10$377,338,170
27Mercy Catholic Medical Center Of Southeastern PaOne West Elm St, Conshohocken, PA 19428-4108PA1946-03$365,932,199
28Pocono Medical Center206 E Brown St, E Stroudsburg, PA 18301-3006PA1941-04$350,351,586
29Upmc, Childrens Hospital Of Pittsburgh Of600 Grant St Fl 58, Pittsburgh, PA 15219-2739PA1983-01$348,257,558
30Upmc Hamot201 State St, Erie, PA 16550-0002PA1931-03$345,563,310
Number of organizations performing similar types of work
Alaska3
Alabama19
Arkansas23
Arizona17
California117
Colorado17
Connecticut27
District of Columbia3
Delaware6
Florida56
Georgia53
Hawaii5
Iowa27
Idaho8
Illinois105
Indiana48
Kansas32
Kentucky34
Louisiana22
Massachusetts47
Maryland42
Maine19
Michigan62
Minnesota40
Missouri49
Mississippi19
Montana11
North Carolina50
North Dakota14
Nebraska20
New Hampshire21
New Jersey52
New Mexico7
Nevada4
New York132
Ohio94
Oklahoma20
Oregon25
Pennsylvania155
Rhode Island10
South Carolina14
South Dakota10
Tennessee27
Texas54
Virginia38
Vermont9
Washington19
Wisconsin72
West Virginia24
Wyoming1
International10
Total1,793

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