St Vincent Charity Medical Center
- Assets
- $31.6m
- Revenue
- $89.5m
- Investments
- $0.0
- Employees
- 1,191
- Location
- Cleveland, OH
- Founding
- 03/1946
- Data as of
- 12/2022
- EIN
- 34-0714756
Organization Overview
St Vincent Charity Medical Center is located in Cleveland, OH. 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 12/2022, St Vincent Charity Medical Center employed 1,191 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. St Vincent Charity 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 12/2022, St Vincent Charity Medical Center generated $89.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (6.8%) each year. All expenses for the organization totaled $138.4m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.8%) per year over the past 8 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDER OF HEALTHCARE SERVICES
Describe the Organization's Program Activity:
SEE SCHEDULE O
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Murphy Janice Director | Trustee | 2 | $0 |
Rogers Melissa Director | Trustee | 2 | $0 |
Tahir MD Adnan President/ceo, Director | OfficerTrustee | 50 | $0 |
Bastulli John MD Director | Trustee | 12 | $78,125 |
Chmielewski Richard MD Director | Trustee | 12 | $46,040 |
Bedell Jack Director - Part Year | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Xtend Healthcare Llc Billing & Collection Services | 12/30/22 | $2,072,271 |
Cleveland Anesthesia Group Inc Healthcare Services | 12/30/22 | $3,270,672 |
M&m Management & Consulting Management Services | 12/30/22 | $1,365,820 |
Metz Culinary Management Inc Management Services | 12/30/22 | $1,044,281 |
Physician Staffing Inc Healthcare Services | 12/30/22 | $698,948 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $635,031 |
| All other contributions, gifts, grants, and similar amounts not included above | $668,340 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,303,371 |
| Total Program Service Revenue | $90,970,714 |
| Investment income | $45,795 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$6,707,048 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $89,471,766 |
| 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. | $1,958,241 |
| Compensation of current officers, directors, key employees. | $1,834,076 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $48,106,407 |
| Pension plan accruals and contributions | $1,804,163 |
| Other employee benefits | $6,883,389 |
| Payroll taxes | $6,539,412 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $125,062 |
| Fees for services: Accounting | $292,052 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $15,695,363 |
| Advertising and promotion | $326,135 |
| Office expenses | $5,847,678 |
| Information technology | $2,077,793 |
| Royalties | $0 |
| Occupancy | $2,208,586 |
| Travel | $61,959 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $14,835 |
| Interest | $287,323 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,039,405 |
| Insurance | $1,193,809 |
| All other expenses | $7,535,785 |
| Total functional expenses | $138,428,667 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,552 |
| Savings and temporary cash investments | $4,725,764 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,904,619 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $446,485 |
| Prepaid expenses and deferred charges | $857,949 |
| Net Land, buildings, and equipment | $7,819,893 |
| Investments—publicly traded securities | $8,794,631 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $6,092,060 |
| Total assets | $31,643,953 |
| Accounts payable and accrued expenses | $24,235,277 |
| 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 | $762,744 |
| Other liabilities | $2,357,162 |
| Total liabilities | $27,355,183 |
| Net assets without donor restrictions | -$5,924,194 |
| Net assets with donor restrictions | $10,212,964 |
| 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 | $31,643,953 |