The Toledo Hospital
The Toledo Hospital reported $1.67 billion in revenue and $1.37 billion in expenses for calendar year 2024. Of every $100 it spent, $78.98 went to program services, $21.02 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 97.6% of the total. The highest compensation it reported for one person was $3,133,332 (CEO). 559 people received more than $100,000 in reportable compensation. Revenue rose 46% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $1.37BFor context, the median across 5,634 covered health care charities: $86.19 programs, $13.81 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2024 · Form 990, Part VIII · total revenue $1.67BThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 79.0% | 85.6% |
| Management & general Part IX 25(C) ÷ 25(A) | 21.0% | 13.7% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.00 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 0.8% | 1.3% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.3% | 0.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 97.6% | 93.7% |
| Highest reported compensation Part VII-A, columns D–F | $3,133,332 | $975,831 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.23% | 1.34% |
| People paid over $100,000 Part VII, line 2 | 559 | 27 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | -1.2 | 6.6 |
| Independent voting board members Part VI 1a–1b | 15 of 20 | 88.9% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2024 · Form 990, Part III · the three largest programs by expenseThe Toledo Hospital (d/b/a promedica Toledo Hospital) is the adult tertiary hospital of promedica health system, inc. (promedica), a mission-based, locally owned, nonprofit healthcare organization highly focused on achieving core values. Headquartered in toledo, ohio, promedica serves 28 states across the country and is one of the nation's leading health systems. Our stewardship of resources has enabled US to wisely invest in patient-centered care, advanced technology, innovative programs, and family-oriented facilities that help to ensure patients and area residents have equal access to…
Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| CEO Officer, 1.00 hrs/week | $0 | $3,119,320 | $14,012 | $3,133,332 |
| PRESIDENT - TTH/CHIEF ACUTE CARE OFFICER Director/trustee, officer, 1.00 hrs/week | $0 | $1,340,164 | $14,772 | $1,354,936 |
| TREASURER/CFO Officer, 1.00 hrs/week | $0 | $1,209,318 | $6,610 | $1,215,928 |
| SECRETARY/CHIEF LEGAL OFFICER Officer, 1.00 hrs/week | $0 | $1,180,376 | $6,038 | $1,186,414 |
| TRUSTEE/PHYSICIAN Director/trustee, 1.00 hrs/week | $0 | $698,219 | $15,899 | $714,118 |
| PRESIDENT OF MONROE REGIONAL HOSPITAL Highest compensated employee, 45.00 hrs/week | $640,902 | $0 | $10,194 | $651,096 |
| CHIEF NURSING OFFICER - PROVIDER AND CLINICAL SERV Highest compensated employee, 45.00 hrs/week | $626,139 | $0 | $5,257 | $631,396 |
| VICE PRESIDENT OF PROVIDER MEDICAL OPERATIONS Highest compensated employee, 45.00 hrs/week | $559,951 | $0 | $8,051 | $568,002 |
559 people received more than $100,000 in reportable compensation from The Toledo Hospital (Part VII, line 2).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b20 · 15 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aNo
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4Yes
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 58,447
- Volunteers Part I, line 6324
Private foundation grants it received
5 private foundations reported grants to The Toledo Hospital totaling $226K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from The Toledo Hospital's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for The Toledo Hospital, you can publish a response that is linked from this page.
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Of every $100 The Toledo Hospital spent in 2024, $78.98 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- St Vincent Hospital and Health CARE CenterSt Louis, MO · revenue $1.66B · programs 80.0% · FY2025
- Loyola University Medical CenterMaywood, IL · revenue $1.68B · programs 86.8% · FY2025
- Sharp Memorial HospitalSan Diego, CA · revenue $1.65B · programs 90.9% · FY2025
- Children's Hospital of Orange CountyOrange, CA · revenue $1.69B · programs 89.8% · FY2025
- Deaconess HospitalEvansville, IN · revenue $1.64B · programs 86.6% · FY2025
Questions people ask
How much of The Toledo Hospital's spending goes to programs?
In calendar year 2024, The Toledo Hospital reported that 79.0% of its $1.37 billion in expenses went to program services, 21.0% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does The Toledo Hospital pay its top executive?
The largest total compensation The Toledo Hospital reported for one person in calendar year 2024 was $3,133,332, for the role of CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does The Toledo Hospital get its money?
Of $1.67 billion in revenue in calendar year 2024, 0.8% came from contributions and grants (including 0.3% from government grants) and 97.6% from program service revenue (Form 990, Part VIII).
Is The Toledo Hospital a registered charity?
The IRS lists EIN 34-4428256 as a 501(c)(3) organization (hospital or medical research organization), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2024: Form 990 for calendar year 2024, object 202522879349301782 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202423199349305847 · read the filing
- 2022: Form 990 for calendar year 2022, object 202333189349315958 · read the filing
- 2021: Form 990 for calendar year 2021, object 202203129349302475 · read the filing
- 2020: Form 990 for calendar year 2020, object 202113169349309981 · read the filing
- 2019: Form 990 for calendar year 2019, object 202003189349301420 · read the filing
All filings for EIN 34-4428256: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.