EIN 34-1425870

Lake Health / Lake Hospital System Inc

IRS 501(c) type
501(c)(3)
Num. employees
3,320
State
Year formed
1983
Most recent tax filings
2021-12-01
NTEE code, primary
Description
Lake Health is a private, not-for-profit leader in community health care in Northeast Ohio. In fact, providing progressive, compassionate health care to everyone in and around Lake County has been both their mission and their vision since 1902.
Also known as...
Lake Hospital System; Tripoint Medical Center
Total revenues
$475,459,739
2021
Total expenses
$434,180,154
2021
Total assets
$631,158,601
2021
Num. employees
3,320
2021

Program areas at Lake Health / Lake Hospital System Inc

Lake Hospital System, Inc., is a 120-year-old Health care institution that has primarily served the Health care needs of residents in Lake county and the surrounding communities since 1902. Lake Health has had a long-standing tradition of providing services and programs based on the Health care needs of the communities that we serve. We have been guided by our mission to provide local access, healing with compassion and superior quality and our core values - respect, innovation, teamwork, stewardship, and integrity. We have been guided by a collaborative Health needs assessment conducted in cooperation with the Lake county general Health district, Lake Health has developed programs, services and partnerships to address the most pressing Health issues. The high priority areas include covid 19, diabetes, chronic disease, behavioral Health, and access to care. In april 2021, Lake Health joined university hospitals. As such, Lake Health's tax id remains the same, and it files its tax return independently from uh.lake Health is comprised of 11 facilities in Lake, geauga, and cuyahoga counties, and which include the following:1. Tripoint medical center (full-service, acute care hospital)2. Lake west medical center (full-service, acute care hospital)3. Beachwood medical center (full-service acute care hospital)4. Mentor Health center (outpatient lab and diagnostics, physician offices, outpatient surgery, cancer services)5. Brunner, sanden deitrick wellness center (urgent care, outpatient lab and diagnostics, physician offices, physical therapy, occupational Health services and a medically based fitness center)6. Madison Health center (outpatient lab and diagnostics, physician offices, physical therapy)7. Willowick Health center (urgent care, outpatient lab and diagnostics, physician offices)8. Chardon Health center (, outpatient lab and diagnostics, physician offices)9. Perrico Health center (physician offices, physical therapy, outpatient lab and diagnostics)10. Lake som Health center (physician offices, lab, and diagnostics)11. Lake continuing care center (comprehensive, inpatient rehabilitation; geriatric psychiatry)accessibility is key to our mission. We have contracted with most insurance providers to ensure a vast array of primary care physicians and specialists. Lake Health also operates three full-service emergency departments including: tripoint medical center in concord township, Lake west medical center in willoughby and beachwood medical center in beachwood. These emergency departments are open to all persons, regardless of ability to pay.our growth as a Hospital System reflects the many ways we are building on our mission and how we aspire to be more than your typical community Hospital. We want our patients to receive superior patient care without having to leave the community, and that's why we are committed to bringing the best resources together to provide an expanded level of community care.lake Health provides services and programs based on the Health care needs of the communities we serve. In fact, taking Health education programs and screenings to where people live, work and play is fundamental to our mission. In 2021, we continued our mission of helping to care and educate our communities regarding covid-19. We also put a focus on helping patients feel comfortable to return for Health care in our communities and providing additional access for patients.in 2021, Lake Health provided approximately $450,000 in community benefit through Health education, which continued to focus on Lake Health contributed approximately $8.5 million in 2021 in cash and in-kind donations to civic and community programs and partnerships with a Health and wellness focus. Some of the programs and events are highlighted below.community programs and events:lake Health continued to be an anchor institute in community by supporting over 50 local organization with an emphasis on supporting organizations that aligned with providing support as identified in our community Health needs assessment. Including, Lake county free medical clinic, Lake county council on aging, and forbes house. We also continued to providing community programs including: infant and childbirth programs including childbirth preparation, infant care, breastfeedingprogram, sibling program, infant and child cpr, and car seat checks.support groups, including breastfeeding, breast cancer, diabetes, stroke, and amputee united way day of caring and harvest for hungerschool partnershipsbreast Health for hispanic womenintegrative Health and wellness

Who funds Lake Health / Lake Hospital System Inc

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Lake Health FoundationHealthcare Program Services$575,360
Lake Health FoundationTripoint Wellness Walkway$16,488
The Center for Healthcare AffairsEmer.preparedness$16,082
...and 2 more grants received

Personnel at Lake Health / Lake Hospital System Inc

NameTitleCompensation
Robyn StrosakerPresident and Chief Operating Officer of Uh Lake Health Medical Centers
Robert TraczSenior Vice President and Chief Financial Officer$694,972
Adetinuke TadeseChief Medical Informatics Officer$348,804
Jerrold PetersVice President , Chief Information Officer / Vice President , Human Resources / Vice President , Information Technology and Chief Information Officer / Vice President Information Technology$235,631
Chris TruaxChief Administrative Officer
...and 16 more key personnel

Financials for Lake Health / Lake Hospital System Inc

RevenuesFYE 12/2021
Total grants, contributions, etc.$15,516,333
Program services$385,477,854
Investment income and dividends$4,339,469
Tax-exempt bond proceeds$300
Royalty revenue$0
Net rental income$2,569,663
Net gain from sale of non-inventory assets$32,263,934
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$35,292,186
Total revenues$475,459,739

Form 990s for Lake Health / Lake Hospital System Inc

Fiscal year endingDate received by IRSFormPDF link
2020-122022-09-07990View PDF
2020-122021-11-15990View PDF
2019-122021-02-26990View PDF
2018-122020-02-06990View PDF
2017-122019-02-21990View PDF
...and 10 more Form 990s

Organizations like Lake Health / Lake Hospital System Inc

OrganizationLocationRevenue
Usc Arcadia HospitalArcadia, CA$306,663,844
Hartford HospitalHartford, CT$2,144,332,314
Alegent Creighton HealthOmaha, NE$528,133,331
Atrium Health Wake Forest Baptist MeWinstonsalem, NC$1,207,994,903
Adventhealth Daytona BeachDaytona Beach, FL$526,048,604
Community Hospital of the Monterey PeninsulaMonterey, CA$751,935,985
Mayo Clinic Health System-Albert Lea and AustinAustin, MN$313,497,491
Baylor University Medical Center (BUMC)Dallas, TX$1,805,461,131
Beth Israel Deaconess Hospital - MiltonMilton, MA$149,464,970
Gwinnett Hospital SystemAtlanta, GA$751,912,005
Data update history
June 17, 2023
Updated personnel
Identified 1 new personnel
June 10, 2023
Posted financials
Added Form 990 for fiscal year 2020
May 24, 2023
Used new vendors
Identified 1 new vendor, including
May 22, 2023
Updated personnel
Identified 3 new personnel
May 22, 2023
Received grants
Identified 4 new grant, including a grant for $575,360 from Lake Health Foundation
Nonprofit Types
HospitalsHealth organizationsHeadquarter / parent organizations
Issues
Health
Characteristics
LobbyingConservation easementOperates internationallyState / local levelReceives government fundingEndowed supportCommunity engagement / volunteeringProvides scholarships
General information
Address
3605 Warrensville Rd MSC 9155
Shaker Heights, OH 44122
Metro area
Cleveland-Elyria, OH
Website URL
lakehealth.org/ 
Phone
(440) 953-9600
Facebook page
LakeHealth 
Twitter profile
@lakehealth 
IRS details
EIN
34-1425870
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1983
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
E22: Hospital, General
NAICS code, primary
622: Hospitals
Parent/child status
Central organization
Free account sign-up

Want updates when Lake Health / Lake Hospital System Inc has new information, or want to find more organizations like Lake Health / Lake Hospital System Inc?

Create free Cause IQ account