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Mount Nittany Medical Center

Public charity990-T FY2023
Other · STATE COLLEGE, PA · EIN 24-0795682

About

Mount nittany's mission: we are HERE to make people healthier.mount nittany medical center will provide every patient with the finest, patient-centered care in a safe and comfortable environment. Continued on schedule o.care will be provided while continually improving access to care, and striving to enhance the quality of human life for everyone we serve. Mount nittany medical center will enhance its position as the preferred regional healthcare destination for both patients and medical professionals - providing vital clinical centers of excellence and superior access to care - supported by a commitment to medical education and backed by a culture of advancement and accountability - moving life forward.

Donations are tax-deductible
Category
Other
Employees
2,133
Volunteers
30

Financial Snapshot

FY ending 2023-06-30
Revenue
$482.1M
Expenses
$441.8M
Assets
$1.2B
Liabilities
$546.5M

Financial history

$546.3M$273.2M$0
1617181920212223
RevenueExpenses
Latest FY2023: $482.1M · Peak FY2022: $546.3M · Avg: $441.8M

501(h) election

This 501(c)(3) has NOT elected 501(h) — lobbying is permitted but limited under the vaguer "no substantial part of activities" test.

Political & Grant Activity

Campaign Spending
Lobbying
$41K
Grants Given
$37.8M
MOUNT NITTANY MEDICAL CENTER
Your actions

Address

155 Wellness Way
State College, PA, 16803-670

Governance

Voting board members9
Independent members4
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsYes
Equity-based compNo
Supplemental retirement planYes
Compensation committeeYes
Used comp surveyYes
Board approved compYes
Initial contract exceptionNo

Financial detail (Schedule D)

Board-designated %28.0%
Permanent endowment %72.0%
Endowment held by related orgYes
Public records
ProPublica Nonprofit Explorer
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