Skip to content
Nonprofiteer
← HOSPITAL DE LA CONCEPCION INC

Form 990 for tax year 2023

Filed by HOSPITAL DE LA CONCEPCION INC.

Totals

Total revenue
$101,069,728
Total expenses
$96,111,923
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$96,523,498
Investment income
$388,567
Other revenue
$4,157,663
Total assets, end of year
$112,289,255
Total liabilities, end of year
$25,466,514
Net assets or fund balances, end of year
$86,822,741
Program services expenses (Part IX)
$67,600,280
Management and general expenses
$28,511,643
Fundraising expenses
$0
Program service expenses (Part III)
$67,600,280

Program services were 70.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 2a · Program service revenue: PROGRAM SERVICE REVENUE

    total $93,706,116 · related or exempt $93,706,116

  • 2b · Program service revenue: CAPITATION REVENUE

    total $2,817,382 · related or exempt $2,817,382

  • 3 · Investment income

    total $607,962 · excluded $607,962

  • 7a · Gross sales of assets other than inventory

    securities $4,328,830

  • 7b · Less cost or other basis and sales expenses

    securities $4,548,225

  • 7c · Gain or loss

    securities -$219,395

  • 7d · Net gain or loss

    total -$219,395 · excluded -$219,395

  • 11a · Other revenue: PHARMACY

    total $1,473,205 · related or exempt $1,473,205

  • 11b · Other revenue: CAFETERIA

    total $1,072,597 · related or exempt $1,072,597

  • 11c · Other revenue: OTHER REVENUE

    total $436,489 · related or exempt $436,489

  • 11d · All other revenue

    total $1,175,372 · related or exempt $1,175,372

  • 11e · Other revenue, total

    $4,157,663

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $4,250,262 · program services $112,195 · management and general $4,138,067

  • 7 · Other salaries and wages

    total $29,960,857 · program services $24,418,865 · management and general $5,541,992

  • 9 · Other employee benefits

    total $283,837 · program services $222,556 · management and general $61,281

  • 10 · Payroll taxes

    total $5,807,353 · program services $2,815,933 · management and general $2,991,420

  • 11b · Fees: legal

    total $500,847 · management and general $500,847

  • 11c · Fees: accounting

    total $108,230 · management and general $108,230

  • 11g · Fees: other

    total $833,924 · management and general $833,924

  • 12 · Advertising and promotion

    total $330,927 · program services $5,779 · management and general $325,148

  • 17 · Travel

    total $83,427 · program services $23,902 · management and general $59,525

  • 22 · Depreciation, depletion and amortization

    total $5,818,455 · program services $4,363,841 · management and general $1,454,614

  • 23 · Insurance

    total $1,220,679 · management and general $1,220,679

  • 24a · Other expenses: MEDICAL SUPPLIES

    total $20,455,176 · program services $18,774,122 · management and general $1,681,054

  • 24b · Other expenses: OTHER EXPENSE

    total $20,407,584 · program services $13,772,030 · management and general $6,635,554

  • 24c · Other expenses: REPAIRS

    total $3,199,047 · program services $1,107,824 · management and general $2,091,223

  • 24d · Other expenses: UTILITIES

    total $2,472,357 · program services $1,854,268 · management and general $618,089

  • 24e · All other expenses

    total $378,961 · program services $128,965 · management and general $249,996

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $5,067,196 · end of year $3,713,587

  • 4 · Accounts receivable

    beginning of year $13,296,228 · end of year $16,732,356

  • 8 · Inventories for sale or use

    beginning of year $1,491,353 · end of year $1,495,360

  • 9 · Prepaid expenses and deferred charges

    beginning of year $1,312,654 · end of year $2,459,012

  • 10a · Land, buildings and equipment: cost or other basis

    $152,182,605

  • 10b · Land, buildings and equipment: accumulated depreciation

    $82,458,190

  • 10c · Land, buildings and equipment, net

    beginning of year $68,624,232 · end of year $69,724,415

  • 11 · Investments: publicly traded securities

    beginning of year $7,432,365 · end of year $12,677,312

  • 15 · Other assets

    beginning of year $6,118,018 · end of year $5,487,213

  • 17 · Accounts payable and accrued expenses

    beginning of year $15,628,013 · end of year $18,679,700

  • 25 · Other liabilities

    beginning of year $6,536,818 · end of year $6,786,814

  • 27 · Net assets without donor restrictions

    beginning of year $81,177,215 · end of year $86,822,741

Mission and programs · 2023

Mission

THE ORGANIZATION HAS THE MISSION TO PROVIDE HIGH QUALITY HEALTH CARE SERVICES WHICH SATISFY THE PHYSICAL AND SPIRITUAL NEEDS OF THE PATIENTS, IN ACCORDANCE WITH THE CHRISTIAN MORAL.

  • DURING THE YEAR ENDED DECEMBER 31, 2023 THE ORGANIZATION PROVIDED IN- PATIENT, OUT-PATIENT AND EMERGENCY SERVICES PRIMARILY TO RESIDENTS OF THE SOUTHWESTERN AREA OF PUERTO RICO. THE ORGANIZATION SERVICES CONSISTED OF 7,715 ADMISSIONS, 46,533 PATIENT DAYS, 6,962 PATIENT REHABILITATION DAYS AND 41,670 EMERGENCY VISITS, AMONG OTHERS.

    Expenses $67,600,280 · Revenue $100,681,161

As filed on the 2023 return.

Listed in Part VII

  • Gustavo A Almodovar

    CEO

    Total calculated
    $777,526
    From this org
    $777,526
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $777,526
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    not reported
    Filer's total
    $777,526

  • Edgar Crespo Campos

    ADMINISTRATO

    Total calculated
    $421,687
    From this org
    $421,687
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $421,687
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    not reported
    Filer's total
    $421,687

  • Lizmari Calderon Arce

    FINANCE DIRE

    Total calculated
    $381,540
    From this org
    $381,540
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $381,540
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    not reported
    Filer's total
    $381,540

  • Vanessa M Cardona Rodriguez

    ASSOCIATE AD

    Total calculated
    $277,998
    From this org
    $277,998
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $277,998
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    not reported
    Filer's total
    $277,998

  • Marie Fe Ferrer

    PATIENT ACCO

    Total calculated
    $238,907
    From this org
    $238,907
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $238,907
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    not reported
    Filer's total
    $238,907

  • Juan C Caban Medina

    DIRECTOR INF

    Total calculated
    $209,001
    From this org
    $209,001
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $209,001
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    not reported
    Filer's total
    $209,001

  • Sonia Medina Almodovar

    PHYSICAL PLA

    Total calculated
    $178,035
    From this org
    $178,035
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $178,035
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    not reported
    Filer's total
    $178,035

  • Iris N Vega

    REHAB CTR SU

    Total calculated
    $174,709
    From this org
    $174,709
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $174,709
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    not reported
    Filer's total
    $174,709

  • Brenda L Rosa Martinez

    CORPORATE CO

    Total calculated
    $170,878
    From this org
    $170,878
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $170,878
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    not reported
    Filer's total
    $170,878

  • Lydiannette Torres Rivera

    PHARMACEUTIC

    Total calculated
    $135,678
    From this org
    $135,678
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Joan Feliciano Melendez

    INFORMATION

    Total calculated
    $128,110
    From this org
    $128,110
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Jose M Martinez Rodriguez

    PHARMACEUTIC

    Total calculated
    $126,776
    From this org
    $126,776
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Epy Almodovar Padro

    PHARMACEUTIC

    Total calculated
    $120,931
    From this org
    $120,931
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Janice M Cabrera

    PHARMACEUTIC

    Total calculated
    $114,670
    From this org
    $114,670
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Cecilia M Jimenez

    PHARMACEUTIC

    Total calculated
    $114,670
    From this org
    $114,670
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Maria V Cruz Ramos

    PHARMACEUTIC

    Total calculated
    $114,670
    From this org
    $114,670
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Kristal R Reyez

    PHARMACEUTIC

    Total calculated
    $114,670
    From this org
    $114,670
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Yeimi Velez

    PHARMACEUTIC

    Total calculated
    $114,670
    From this org
    $114,670
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Mailin N Perez

    NURSE DEPART

    Total calculated
    $112,195
    From this org
    $112,195
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Olga Flores

    DIRECTOR

    Total calculated
    $111,560
    From this org
    $111,560
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Hector I Rivera

    EMERGENCY RO

    Total calculated
    $111,381
    From this org
    $111,381
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Mons Humberto Lopez Bonilla

    VICE PRESIDE

    Total calculated
    $0

  • Rvdo P Eric J Bosques Bosques

    SECRETARY

    Total calculated
    $0

  • Rvdo P Eric I Garca Concepcin

    TREASURER

    Total calculated
    $0

  • Mons Angel L Rios Matos

    PRESIDENT

    Total calculated
    $0

  • Yanira Rodriguez Rodriguez Torres

    PHARMACEUTIC

    Total calculated
    $0

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • SALUS INFIRMORUM

    C CORP · MED.OFFICE · PR

Provenance

Return type
form_990
Tax year
2023
Filed
15 May 2024
IRS schema version
2023v5.0
Source object
202411369349317656

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.