Akron General Medical Center
88% goes to programs $0 to raise $100
Akron General Medical Center is a 501(c)(3) organization based in Independence, Ohio, registered in 1928, with $599,002,653 in FY2015 revenue. CharityIndex grades it A, and it directs about 88% of spending to programs.
Co 6801 Brecksville Road Rk1-85, Independence, OH, 44131 EIN 34-0714478 Since 1928
Revenue (FY2015)
$599.0M
▲ 10.0% vs prior year
Health median: $840K
Expenses (FY2015)
$524.5M
Net assets
$144.5M
Employees
3,842
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating88% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Akron General Medical Center: 88% to programs · $0 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating3 mo reserves · +12% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Akron General Medical Center: 3 mo reserves · +12% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Akron General Medical Center: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Akron General Medical Center: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Mission
To improve the health and lives of the people and communities we serve.
What they do
Outpatient servicesakron general offers a variety of outpatient services on its main campus and throughout its network of satellite facilities. outpatient services offered to patients include radiology, physical therapy, cardiac, surgery, mammography, sleep centers, lab services and emergency services.see schedule o program service accomplishments for additional detail.
Contact & location
- Address
- Co 6801 Brecksville Road Rk1-85, Independence, OH, 44131
- City
- Independence
- State
- Ohio
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $507.3M (FY2013) to $599.0M (FY2015) across 3 reported years.
Financial snapshot
Financial health & position (FY2015)
Liabilities $311.2MNet assets $144.5M
Operating margin
12.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$455.7M
Total liabilities
$311.2M
Net assets
$144.5M
Salaries & benefits
$250.0M
48% of expenses
Board members
11
7 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2015 | $599,002,653▲10.0% | $524,545,597▲5.5% | $144,458,077▲7.4% | $455,703,059▼1.1% | 990 |
| 2014 | $544,477,794▲7.3% | $497,036,533▲2.5% | $134,499,688▲21.6% | $460,687,242▲7.1% | 990 |
| 2013 | $507,344,198 | $485,061,611▼6.0% | $110,637,038▲43.0% | $430,243,230▼2.8% | 990 |
| 2012 | — | $515,766,588▲6.9% | $77,364,356▼23.1% | $442,440,577▲21.8% | 990 |
| 2011 | — | $482,333,661▲5.5% | $100,593,923▼15.9% | $363,159,631▼3.1% | 990 |
| 2010 | — | $457,335,961 | $119,654,268 | $374,705,101 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2015)
Highest-paid: Justin Lavin Md — $460,092 (0.09% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Justin Lavin Md | Chairman, Ob/gyn | 50 | $460,092 |
| David Peter Md | Sr Vp Medical Officer | 50 | $426,492 |
| Robert A Marley Md | Director General Surgery | 50 | $409,155 |
| Farid Muakkassa Md | Director Siu, Trauma | 50 | $355,753 |
| Titus Sheers Md | Chairman Medical Educ/research | 50 | $311,593 |
| Cheryl Guster | Sr Vp Nursing Officer | 50 | $275,772 |
| Michael Oddi Md | Med Dir Care Mgmt & Cdi | 50 | $235,838 |
| Mark Horattas Md | Chairman Surgery | 50 | $229,809 |
| Raymond Bologna Md | Chairman, Urology | 50 | $228,689 |
| Scott Awender Md | Assoc Program Dir General Surg | 50 | $224,673 |
| Anthony Hayek Md | Director | 50 | $202,994 |
| Kathleen Donley | Director Pharmacy | 50 | $171,084 |
| Larry D Chadwick | Exec Director Heart & Vascular | 50 | $167,560 |
| Susan Foster | V.p. Surgical Services | 50 | $116,662 |
| Thomas Whelan | Pres Community/specialty Hosp | 20 | $65,290 |
| Alan Papa | President, Coo, Director | 50 | — |
| Andrew Fenton Md | Exec Dir Oncology/chief Breast Surgeon | 5 | — |
| Craig M Babbitt | Secretary | 5 | — |
| Dave Frigo | Assistant Treasurer | 5 | — |
| Deborah Gorbach | Interim Treasurer Beg. 6/15 | 5 | — |
Top vendors & contractors (FY2015)
| Contractor | Services | Paid |
|---|---|---|
| Sodexho Marriott Services Inc | Service Management | $4,771,414 |
| Sound Inpatient Physicians of Ohio | Hospitalists Services | $4,677,454 |
| Anesthesiology Associates of Akron | Anesthesiologists | $3,354,557 |
| General Emergency Medical Specialists | Emergency Dept Services | $3,223,452 |
| Cns Center For Neuro & Spine | Contract Services & Trauma Call Coverage | $3,091,460 |
Grants received · $114K total
6 grants to Akron General Medical Center totaling $114K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Akron-canton Regional Foodbank | Food program | 2023 | $24,410 |
| Akron-canton Regional Foodbank | Food program | 2023 | $7,251 |
| Patient Access Network Foundation | Patient assistance | 2015 | $35,632 |
| The Cleveland Clinic Foundation | Healthcare research & education | 2015 | $14,500 |
| Cleveland Clinic Foundation | Healthcare research & education | 2015 | $14,500 |
| Patient Access Network Foundation | Patient assistance | 2014 | $17,287 |
Grants made · $336K in FY2015
10 grants totaling $336K in FY2015. All grants made by Akron General Medical Center →
| Recipient | Purpose | Amount |
|---|---|---|
| Akron General Foundation | To help purchase needed equipment. | $214,487 |
| American Red Cross | Provide support for national disasters and military families, largest supplier of blood in the united states and provides health & safety courses. | $30,000 |
| American Heart Association Inc | Provide support for heart disease research and education. | $25,000 |
| The Cleveland Clinic Foundation | Velosano spoke sponsorship. | $25,000 |
| American Cancer Society Inc | Provide support for cancer research. | $8,000 |
| Akron Community Service Center & Urban League | Seeks to improve economic, cultural, social, educational and recreational conditions affecting all citizens of summit county. | $7,700 |
| Community Hall Foundation Program Endowment | Provide support to the cultural arts. | $7,500 |
| Summit County Medical Alliance Foundation | Gala dinner held to support mobile meals. | $7,000 |
| Greater Akron Musical Association Inc Sponsor For Akron Symphony Orc | Season sponsor of the orchestra. | $6,300 |
| Akron Roundtable | Provide support to bring speakers to akron to inform and educate on regional and national issues. | $5,420 |
Similar organizations in Health
Compare Akron General Medical Center
Frequently asked questions
- Is Akron General Medical Center a legitimate nonprofit?
- Yes. Akron General Medical Center is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 34-0714478, based in Independence, Ohio. Donations are tax-deductible.
- What is Akron General Medical Center's EIN?
- Akron General Medical Center's Employer Identification Number (EIN) is 34-0714478.
- How much revenue does Akron General Medical Center report?
- Akron General Medical Center reported $599,002,653 in total revenue on its fiscal year 2015 IRS Form 990 filing.
- How much of Akron General Medical Center's spending goes to programs?
- Akron General Medical Center spends about 88% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Akron General Medical Center have?
- CharityIndex grades Akron General Medical Center A, based on program efficiency and fundraising cost.
- How much does Akron General Medical Center's highest-paid employee make?
- The highest reported compensation on Akron General Medical Center's latest Form 990 is $460,092, paid to Justin Lavin Md (Chairman, Ob/gyn).
More nonprofits in Independence
Explore more
Data for Akron General Medical Center (EIN 34-0714478) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.