Hospital De La Concepcion Inc
501(c)(3) Donations tax-deductible
69% goes to programs Strong reserves Growing revenue
Hospital De La Concepcion Inc is a 501(c)(3) organization based in San German, Puerto Rico, registered in 1946, with $111,659,468 in FY2024 revenue. CharityIndex grades it B+, and it directs about 69% of spending to programs.
Po Box 285, San German, PR, 00683 EIN 66-0227304 Since 1946
Revenue (FY2024)
$111.7M
▲ 10.5% vs prior year
Expenses (FY2024)
$104.0M
Net assets
$94.6M
Employees
1,182
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B+
BProgram efficiency40% of the rating69% to programs
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 Hospital De La Concepcion Inc: 69% to programs earns a B on this criterion. See the exact thresholds →
AFinancial health25% of the rating11 mo reserves · +7% 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 Hospital De La Concepcion Inc: 11 mo reserves · +7% margin earns a A on this criterion. See the exact thresholds →
AGovernance25% of the rating5 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 Hospital De La Concepcion Inc: 5 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 Hospital De La Concepcion Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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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.
Contact & location
- Address
- Po Box 285, San German, PR, 00683
- City
- San German
- State
- Puerto Rico
- Category
- —
- Subcategory
- —
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $73.9M (FY2013) to $111.7M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $25.8MNet assets $94.6M
Operating margin
6.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$120.4M
Total liabilities
$25.8M
Net assets
$94.6M
Salaries & benefits
$45.6M
44% of expenses
Board members
11
11 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $111,659,468▲10.5% | $103,951,556▲8.2% | $94,593,595▲9.0% | $120,375,264▲7.2% | 990 |
| 2023 | $101,069,728▲6.7% | $96,111,923▲8.9% | $86,822,741▲7.0% | $112,289,255▲8.7% | 990 |
| 2022 | $94,733,146▲2.0% | $88,231,363▲6.7% | $81,177,215▲6.4% | $103,342,046▼13.1% | 990 |
| 2021 | $92,905,006▲13.8% | $82,699,273▲15.7% | $76,268,973▲15.7% | $118,926,388▲7.0% | 990 |
| 2020 | $81,624,732▲5.3% | $71,487,245▼3.4% | $65,928,016▲18.0% | $111,108,617▲8.6% | 990 |
| 2019 | $77,502,233▲6.8% | $74,035,515▲6.4% | $55,891,444▲7.3% | $102,313,417▲2.2% | 990 |
| 2018 | $72,597,352▼1.9% | $69,593,471▼3.2% | $52,074,831▲6.1% | $100,084,905▲5.8% | 990 |
| 2017 | $74,023,975▼1.8% | $71,896,780▲0.8% | $49,095,460▲4.3% | $94,561,064▲7.2% | 990 |
| 2016 | $75,353,073▼3.0% | $71,290,846▼2.7% | $47,088,382▲9.7% | $88,174,295▼0.1% | 990 |
| 2015 | $77,660,934▼2.6% | $73,260,448▼3.3% | $42,932,069▲10.8% | $88,249,358▲1.7% | 990 |
| 2014 | $79,712,793▲7.9% | $75,734,488▲5.3% | $38,753,934▲11.9% | $86,814,667▲3.1% | 990 |
| 2013 | $73,887,958 | $71,905,358▲3.8% | $34,621,908▲5.1% | $84,177,330▲2.0% | 990 |
| 2012 | — | $69,306,184▲12.8% | $32,954,416▲10.9% | $82,497,571▲9.2% | 990 |
| 2011 | — | $61,416,176▲2.8% | $29,728,713▲10.5% | $75,523,573▲4.7% | 990 |
| 2010 | — | $59,725,478 | $26,892,854 | $72,123,339 | 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 (FY2024)
Highest-paid: Gustavo A Almodovar — $604,302 (0.58% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Gustavo A Almodovar | Ceo | 40 | $604,302 |
| Felicita Bonilla | Officer | 40 | $291,949 |
| Lizmari Calderon Arce | Finance Dire | 40 | $255,507 |
| Vanessa M Cardona Rodriguez | Associate Ad | 40 | $198,453 |
| Marie Fe Ferrer | Patient Acco | 40 | $168,272 |
| Juan C Caban Medina | Director Inf | 40 | $148,845 |
| Lydiannette Torres Rivera | Pharmacy Dir | — | $148,215 |
| Jose M Martinez Rodriguez | Pharmaceutic | — | $133,080 |
| Iris N Vega | Rehab Ctr Su | 40 | $126,006 |
| Yeimi Velez | Pharmaceutic | — | $119,665 |
| Sonia Medina Almodovar | Physical Pla | 40 | $115,773 |
| Hector I Rivera | Emergency Ro | 40 | $115,482 |
| Kristal R Reyez | Pharmaceutic | — | $112,853 |
| Joan Feliciano Melendez | Information | 40 | $104,998 |
| Mailin N Perez | Nurse Depart | 40 | $104,998 |
| Cecilia M Jimenez | Pharmaceutic | — | $103,979 |
| Olga Flores | Director | 40 | $99,757 |
| Dr Heriberto Sanchez Guzman | Surgeon | — | — |
| Fermin Contreras | Officer | — | — |
| Lcda Melba Acosta Febo | Officer | — | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Southwest Emergency Corporation | Med. Services | $3,513,364 |
| Fjl Radiology | Med. Services | $2,326,882 |
| Oxivida Corp | External Servic | $1,392,790 |
| Enrod Painting More Inc | Repair & Constr | $765,900 |
| Dr Juan Galloza | Med. Services | $513,957 |
Grants received · $53K total
3 grants to Hospital De La Concepcion Inc totaling $53K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Ascension Health Alliance | Support hospital in puerto rico | 2019 | $10,000 |
| Muscular Dystrophy Association | Medical diagnosis | 2015 | $14,400 |
| Muscular Dystrophy Association | Medical diagnosis | 2014 | $28,800 |
Grants made · $8,000 in FY2024
1 grant totaling $8,000 in FY2024. All grants made by Hospital De La Concepcion Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Hogar Albergue De Ninos Maltratados De San German Inc | Items for children | $8,000 |
Frequently asked questions
- Is Hospital De La Concepcion Inc a legitimate nonprofit?
- Yes. Hospital De La Concepcion Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 66-0227304, based in San German, Puerto Rico. Donations are tax-deductible.
- What is Hospital De La Concepcion Inc's EIN?
- Hospital De La Concepcion Inc's Employer Identification Number (EIN) is 66-0227304.
- How much revenue does Hospital De La Concepcion Inc report?
- Hospital De La Concepcion Inc reported $111,659,468 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Hospital De La Concepcion Inc's spending goes to programs?
- Hospital De La Concepcion Inc spends about 69% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Hospital De La Concepcion Inc have?
- CharityIndex grades Hospital De La Concepcion Inc B+, based on program efficiency and fundraising cost.
- How much does Hospital De La Concepcion Inc's highest-paid employee make?
- The highest reported compensation on Hospital De La Concepcion Inc's latest Form 990 is $604,302, paid to Gustavo A Almodovar (Ceo).
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Data for Hospital De La Concepcion Inc (EIN 66-0227304) 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.