Chs Services Inc
- Assets
- $406.8m
- Revenue
- $247.2m
- Investments
- $0.0
- Employees
- 1,497
- Location
- Rockville Centre, NY
- Founding
- 03/1946
- Data as of
- 12/2021
- EIN
- 11-3555766
Organization Overview
Chs Services Inc is located in Rockville Centre, NY. The organization was established in 1946. According to its NTEE Classification (E19) the organization is classified as: Support N.E.C., under the broad grouping of Health Care and related organizations. As of 12/2021, Chs Services Inc employed 1,497 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Chs Services Inc 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 12/2021, Chs Services Inc generated $247.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.9% each year. All expenses for the organization totaled $267.6m during the year ending 12/2021. While expenses have increased by 8.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
WE, AT CH, HUMBLY JOIN TOGETHER TO BRING CHRIST'S HEALING MISSION AND THE MISSION OF MERCY OF THE CATHOLIC CHURCH EXPRESSED IN CATHOLIC HEALTH CARE TO OUR COMMUNITIES.
Describe the Organization's Program Activity:
CHS SERVICES INC. PROVIDES ADMINISTRATIVE SUPPORT TO THE CH ENTITIES INCLUDING, BUT NOT LIMITED TO ACCOUNTING, REVENUE CYCLE, SUPPLY CHAIN AND INFORMATION TECHNOLOGY. CHS SERVICES PROMOTES EFFICIENT MANAGEMENT, COOPERATIVE PLANNING AND EFFICIENT USE OF RESOURCES BY ALL SUPPORTED ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Pegeen Mcgowan SVP Corp Compliance & Ntl Audi | 50 | $1,473,293 | |
Jimmy Murry SVP Info Svcs &cio Thru 8/2/21 | 50 | $884,450 | |
Ron Steimel SVP Business Development | 50 | $842,427 | |
Patrick Minicus SVP Corporate Finance | 50 | $777,736 | |
Cathy O'brien SVP Supply Chain | 50 | $751,576 | |
Jerome Poller Secretary | OfficerTrustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Presidio Holdings Inc Software Maintenance | 12/30/21 | $6,097,304 |
Harvest 245 Old Country Road Rent | 12/30/21 | $2,985,177 |
Hunter Lane Llc Employee Rx | 12/30/21 | $8,860,904 |
Berkeley Research Group Llc Consulting Services | 12/30/21 | $3,332,564 |
Tritech Healthcare Mgmt Collection | 12/30/21 | $2,971,515 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $22,652 |
| 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 | $22,652 |
| Total Program Service Revenue | $226,883,329 |
| Investment income | $9 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $247,222,017 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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 | $124,295,912 |
| Pension plan accruals and contributions | $9,466,665 |
| Other employee benefits | $22,708,333 |
| Payroll taxes | $9,102,092 |
| Fees for services: Management | $5,247,633 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,911,978 |
| Advertising and promotion | $11,747,559 |
| Office expenses | $32,723,229 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $6,395,612 |
| Travel | $132,061 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $20,399,469 |
| Insurance | $419,537 |
| All other expenses | $0 |
| Total functional expenses | $267,621,486 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $143,549,753 |
| Savings and temporary cash investments | $2,688,418 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,360,527 |
| 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 | $13,221,770 |
| Net Land, buildings, and equipment | $74,171,129 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $171,834,063 |
| Total assets | $406,825,660 |
| Accounts payable and accrued expenses | $64,508,168 |
| Grants payable | $0 |
| Deferred revenue | $170,645 |
| 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 | $225,936,805 |
| Total liabilities | $290,615,618 |
| Net assets without donor restrictions | $116,210,042 |
| 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 | $406,825,660 |
Grants Awarded
Over the last fiscal year, Chs Services Inc has awarded $26,713,457 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Rockville Centre, NY PURPOSE: WORKING CAP. SUBSIDY | $25,233,562 |
Bethpage, NY PURPOSE: ELECTRONIC MEDICAL RECORD EQUIPMENT | $1,479,895 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Chs Services Inc has recieved totaling $577,000.
| Awarding Organization | Amount |
|---|---|
Mother Cabrini Health Foundation New York, NY PURPOSE: HEALTHY SUNDAYS EXPANSION | $384,667 |
Mother Cabrini Health Foundation New York, NY PURPOSE: HEALTHY SUNDAYS EXPANSION | $192,333 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Penn State Health Hershey, PA | $1,838,675,424 | $534,372,914 |
Baystate Medical Practices Inc Springfield, MA | $74,830,702 | $390,418,446 |
Beth Israel Lahey Health Inc Hcsr Cambridge, MA | $172,006,261 | $340,775,421 |
Montefiore Health System Inc Tarrytown, NY | $787,550,963 | $277,667,137 |
Chs Services Inc Rockville Centre, NY | $406,825,660 | $247,222,017 |
Hackensack Meridian Health Medical Group-Complex Care Pc Edison, NJ | $3,817,906 | $126,145,858 |
Clny Alliance Inc Westbury, NY | $6,584,050 | $105,064,561 |
Metropolitan Jewish Health System Inc Brooklyn, NY | $32,845,157 | $60,897,961 |
Bhs Management Services Inc Pittsfield, MA | $13,878,058 | $69,134,374 |
Integrace Inc Fort Washington, PA | $287,623,657 | $61,949,797 |
Capital Area Health Consortium Inc Farmington, CT | $8,150,693 | $60,880,369 |
Royal Charter Properties Inc New York, NY | $137,963,781 | $43,558,448 |