St Vincents Medical Center
- Assets
- $3.9m
- Revenue
- $4.2m
- Investments
- $0.0
- Employees
- 70
- Location
- St Louis, MO
- Founding
- 03/1946
- Data as of
- 09/2021
- EIN
- 06-0646886
Organization Overview
St Vincents Medical Center is located in St Louis, MO. The organization was established in 1946. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. As of 09/2021, St Vincents Medical Center employed 70 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. St Vincents Medical Center is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2021, St Vincents Medical Center generated $4.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (53.7%) each year. All expenses for the organization totaled $669.3k during the year ending 09/2021. As we would expect to see with falling revenues, expenses have declined by (66.0%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO IMPROVE THE HEALTH AND WELL-BEING OF ALL PEOPLE IN THE COMMUNITIES WE SERVE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AS A MEMBER OF ASCENSION HEALTH, THE NATION'S LARGEST CATHOLIC HEALTHCARE SYSTEM, ST. VINCENT'S MEDICAL CENTER, INC. CONTINUED TO BUILD AND STRENGTHEN SUSTAINABLE COLLABORATIVE EFFORTS THAT BENEFITED THE HEALTH OF INDIVIDUALS, FAMILIES AND SOCIETY AS A WHOLE. THE GOAL OF ST. VINCENT'S MEDICAL CENTER, INC. IS TO PERPETUATE THE HEALING MISSION OF THE CHURCH. ST. VINCENT'S MEDICAL CENTER, INC. SOLD THEIR ASSETS TO SVMC HOLDINGS, INC. ON OCTOBER 1, 2019. AMOUNTS REPORTED IN THE CURRENT FILING YEAR RELATED TO PREVIOUS ACTIVITY OF OPERATING A HOSPITAL FACILITY. WIND DOWN ACTIVITIES WILL CONTINUE INTO FUTURE FILING YEARS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Former Officer (end 7/2016) | 0 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Associated Neurologists Of Southern Ct Neurology Services | 9/29/19 | $385,850 |
Connecticut Orthopedic Management Llc Orthopedic Services | 9/29/19 | $491,906 |
Connecticut Hospital Association Consulting And Advocacy Services | 9/29/19 | $459,731 |
Southern Connecticut Vascular Center Llc Medical Services | 9/29/19 | $360,133 |
Connecticut Childrens Medical Center Medical Services | 9/29/19 | $442,167 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $4,257,352 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$16,684 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,241,128 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $128,080 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $13,676 |
| Other employee benefits | $3,400 |
| Payroll taxes | $21,563 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $12,415 |
| Fees for services: Accounting | $47,108 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,845 |
| Advertising and promotion | $0 |
| Office expenses | -$9,981 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $4,406 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | -$225 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,769 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $669,337 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,873,368 |
| Total assets | $3,873,368 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $5,588,138 |
| Total liabilities | $5,588,138 |
| Net assets without donor restrictions | -$1,714,770 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $3,873,368 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that St Vincents Medical Center has recieved totaling $24,654.
| Awarding Organization | Amount |
|---|---|
Ibew Local 488 Labor Management Cooperation Trust Monroe, CT PURPOSE: FINANCIAL SUPPORT | $8,500 |
American Endowment Foundation Hudson, OH PURPOSE: HEALTH, GENERAL | $6,654 |
Helping Hand Foundation Tr Riverside, CT PURPOSE: GENERAL CHARITABLE | $5,000 |
Whittingham Family Foundation Inc Stamford, CT PURPOSE: GENERAL | $2,500 |
The@eileen A Delaney Margaret J Delaney James Delaney And Ellen Fairfield, CT PURPOSE: SWIM ACROSS THE SOUND PROGRAM | $1,000 |
Arthur J Gallagher Foundation Rolling Meadows, IL PURPOSE: GENERAL EXEMPT PURPOSE | $500 |
Endowment Analysis
| Beg. Balance | $19,859,891 |
| Other Expense | $19,859,891 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jackson Park Hospital Foundation Chicago, IL | $132,629,667 | $107,987,360 |
St Margarets Health Spring Valley Spring Valley, IL | $107,727,640 | $91,881,221 |
Northwest Memorial Healthcare Chicago, IL | $480,593,285 | $82,724,469 |
Cumberland Medical Center Inc Knoxville, TN | $90,595,447 | $102,035,662 |
Newton Healthcare Corporation Newton, KS | $117,996,443 | $104,642,864 |
Thorek Memorial Hospital Chicago, IL | $512,859,760 | $127,922,496 |
Integris Health Edmond Inc Oklahoma City, OK | $260,031,221 | $95,781,800 |
St Lukes Des Peres Episcopal-Presbyterian Hospital Chesterfield, MO | $97,618,886 | $86,507,537 |
Ascension Via Christi Hospital Manhattan Inc St Louis, MO | $74,708,914 | $108,962,150 |
Labette County Medical Center Parsons, KS | $105,070,673 | $101,559,622 |
Loretto Hospital Chicago, IL | $32,559,170 | $88,416,844 |
St Anthony Regional Hospital And Nursing Home Carroll, IA | $221,133,827 | $96,228,816 |