St Bernard Hospital Foundation Inc
- Assets
- $40.1m
- Revenue
- $57.1m
- Investments
- $0.0
- Employees
- 126
- Location
- Chalmette, LA
- Founding
- 10/2012
- Data as of
- 12/2021
- EIN
- 27-4511973
Organization Overview
St Bernard Hospital Foundation Inc is located in Chalmette, LA. The organization was established in 2012. According to its NTEE Classification (E21) the organization is classified as: Community Health Systems, under the broad grouping of Health Care and related organizations. As of 12/2021, St Bernard Hospital Foundation Inc employed 126 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. St Bernard Hospital Foundation 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, St Bernard Hospital Foundation Inc generated $57.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.8% each year . All expenses for the organization totaled $69.9m during the year ending 12/2021. While expenses have increased by 12.8% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
ST. BERNARD HOSPITAL FOUNDATION, INC. WAS FOUNDED FOR THE PURPOSE OF ASSISTING AND PROMOTING THE ST. BERNARD HOSPITAL SERVICE DISTRICT WITH THE DEVELOPMENT OF THE HOSPITAL FACILITY AND RAISING OF CAPITAL FOR THE OPERATION OF HEALTH CARE RELATED SERVICES TO BENEFIT THE HEALTH AND WELLNESS OF THE RESIDENTS OF THE DISTRICT, PARTICULARLY THE INDIGENT RESIDENTS OF THE DISTRICT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ASSISTING AND PROMOTING THE ST. BERNARD HOSPITAL SERVICE DISTRICT WITH DEVELOPMENT AND RAISING CAPITAL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elizabeth Whitake Registered Nurse | 40 | $183,893 | |
Jennifer Reichert Registered Nurse | 40 | $165,671 | |
Michael Asevado Registered Nurse | 40 | $144,359 | |
Chau Nguyen Respiratory Therapist | 40 | $135,372 | |
Tequila Cuilier Registered Nurse | 40 | $131,078 | |
Ray Lauga Jr Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Janice Kishner Cno/cco | 12/30/17 | $134,688 |
Advantage Medical Professionals Llc Contract Labor | 12/30/17 | $230,321 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $55,648,571 |
| Government grants | $1,395,900 |
| 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 | $57,044,471 |
| Total Program Service Revenue | $108,486 |
| Investment income | $8,009 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$25,235 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $57,135,731 |
| 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. | $760,372 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $8,576,240 |
| Pension plan accruals and contributions | $124,809 |
| Other employee benefits | $1,063,096 |
| Payroll taxes | $529,298 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $30,896 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $56,350,208 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $342,866 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $25 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,105,420 |
| Insurance | $0 |
| All other expenses | $49,959 |
| Total functional expenses | $69,933,189 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $667,780 |
| 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 | $143,851 |
| Net Land, buildings, and equipment | $39,300,848 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $29,336 |
| Total assets | $40,141,815 |
| Accounts payable and accrued expenses | $904,039 |
| 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 | $87,263,962 |
| Total liabilities | $88,168,001 |
| Net assets without donor restrictions | -$48,026,186 |
| 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 | $40,141,815 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
General Health System Baton Rouge, LA | $264,239,166 | $121,912,276 |
St Lukes Hospital At The Vintage Houston, TX | $65,000,372 | $103,955,069 |
St Davids Foundation Austin, TX | $1,636,591,026 | $176,704,014 |
Texas Medical Center Houston, TX | $720,808,962 | $122,868,358 |
St Bernard Hospital Foundation Inc Chalmette, LA | $40,141,815 | $57,135,731 |
Community Care Collaborative Austin, TX | $26,566,581 | $59,378,843 |
Mother Frances Hospital Jacksonville Irving, TX | $11,589,730 | $72,988,542 |
Memorial Medical Center Livingston Lufkin, TX | $53,695,503 | $50,027,349 |
Rush Health Systems Inc Meridian, MS | $260,240,483 | $58,741,717 |
Independent Healthcare Management Inc Magee, MS | $20,184,780 | $47,802,744 |
St Joseph Physician Associates Bryan, TX | $5,477,758 | $42,860,860 |
Texas Health Harris Methodist Hospital Azle Azle, TX | $14,660,060 | $52,323,132 |