St Margarets Health Spring Valley

Organization Overview

St Margarets Health Spring Valley, operating under the name St Margaret's Health, is located in Spring Valley, IL. 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 Margaret's Health employed 901 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. St Margaret's Health 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 Margaret's Health generated $91.9m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $99.6m during the year ending 09/2021. While expenses have increased by 3.6% per year over the past 6 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.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE HEALTH CARE SERVICES TO IMPROVE THE HEALTH OF THE PEOPLE IN THE COMMUNITY

Describe the Organization's Program Activity:

ST. MARGARET'S HEALTH-SPRING VALLEY (HOSPITAL), FORMERLY KNOWN AS ST. MARGARET'S HOSPITAL, PREVIOUSLY DOING BUSINESS AS ST. MARGARET'S HEALTH, IS A 44-BED ACUTE CARE HOSPITAL LOCATED IN SPRING VALLEY, ILLINOIS. THE HOSPITAL ALSO OPERATES A NETWORK OF PRIMARY AND SPECIALTY CARE PHYSICIAN CLINICS IN SPRING VALLEY AND THE SURROUNDING AREA. ST. MARGARET'S HEALTH-SPRING VALLEY HAS A TRADITION OF SERVING THE POOR AND OTHERS IN THE AREA SURROUNDING SPRING VALLEY FOR OVER 100 YEARS. FOLLOWING IN THE FOOTSTEPS OF JESUS CHRIST, ST. MARGARET'S HEALTH-SPRING VALLEY IS REACHING OUT TO THE POOR AND THOSE MOST IN NEED. THE PRESENCE OF ST. MARGARET'S HEALTH-SPRING VALLEY MEANS MUCH MORE THAN DOLLARS AND CENTS. (CONTINUED ON SCHEDULE O)THE VALUE OF SERVICES TO THOSE IN NEED HAS BEEN MORE THAN A FINANCIAL SHEET CAN DESCRIBE, BECAUSE SOMETIMES THE SMALLER PROGRAMS DO THE MOST GOOD AND BECAUSE THE ORGANIZATION CANNOT POSSIBLY COUNT UP ALL THE SERVICES. ST. MARGARET'S HEALTH-SPRING VALLEY HAS BEEN A LEADER IN THE COMMUNITY, HELPING OTHERS TO SEE THE NEED TO RESPOND TO THE NEEDS OF THE POOR.ST. MARGARET'S HEALTH-SPRING VALLEY HAD 5,842 PATIENT DAYS IN FISCAL YEAR 2021 WITH 1,710 ADMISSIONS AND 1,707 DISCHARGES. TOTAL CLINIC VISITS WERE 113,755 AND OUTPATIENT VISITS WERE 151,304.THE HOSPITAL PROVIDES HEALTH CARE SERVICES TO PATIENTS WHO MEET CERTAIN CRITERIA UNDER ITS CHARITY CARE POLICY WITHOUT CHARGE OR AT AMOUNTS LESS THAN ESTABLISHED RATES. SINCE THE HOSPITAL DOES NOT PURSUE COLLECTION OF THESE AMOUNTS, THEY ARE NOT REPORTED AS PATIENT SERVICE REVENUE. THE ESTIMATED COST OF PROVIDING THESE SERVICES WAS $457,000 FOR THE YEAR ENDED SEPTEMBER 30, 2021 CALCULATED BY MULTIPLYING THE RATIO OF COST TO GROSS CHARGES FOR THE HOSPITAL BY THE GROSS UNCOMPENSATED CHARGES ASSOCIATED WITH PROVIDING CHARITY CARE TO ITS PATIENTS.IN ADDITION, THE HOSPITAL PROVIDES SERVICES TO OTHER MEDICALLY INDIGENT PATIENTS UNDER CERTAIN GOVERNMENT REIMBURSED PUBLIC AID PROGRAMS. SUCH PROGRAMS PAY PROVIDERS AMOUNTS WHICH ARE LESS THAN ESTABLISHED CHARGES FOR THE SERVICES PROVIDED TO THE RECIPIENTS, AND FOR SOME SERVICES THE PAYMENTS ARE LESS THAN THE COST OF RENDERING THE SERVICES PROVIDED. THE HOSPITAL ALSO COMMITS SIGNIFICANT TIME AND RESOURCES TO ENDEAVORS AND CRITICAL SERVICES WHICH MEET OTHERWISE UNFULFILLED COMMUNITY NEEDS. MANY OF THESE ACTIVITIES ARE SPONSORED WITH THE KNOWLEDGE THAT THEY WILL NOT BE SELF-SUPPORTING OR FINANCIALLY VIABLE.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Smp Health
Administrative Services
$3,137,316
Anesthesia Associates Ltd
Contract Anesthesia Services
$1,667,000
Huron Consulting Services
Consulting
$1,657,386
Epss North Regions Llc
Contract Emergency Physicians
$1,058,963
Unitypoint Health
Contract Lab Testing
$1,002,581
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $8,229,738
All other contributions, gifts, grants, and similar amounts not included above$33,611
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$8,263,349
Total Program Service Revenue$80,671,043
Investment income $820,821
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $85,136
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 $91,881,221

Grants Awarded

Over the last fiscal year, St Margarets Health Spring Valley has awarded $14,500 in support to 2 organizations.

Grant RecipientAmount

LASALLE BUSINESS ASSOCIATION

PURPOSE: Jazz/Blues Festival Sponsor

$9,000

PERFECTLY FLAWED FOUNDATION

Org PageRecipient Profile

La Salle, IL

PURPOSE: Sponsor

$5,500
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 3 grants that St Margarets Health Spring Valley has recieved totaling $317,257.

Awarding OrganizationAmount
Illinois Critical Access Hospital Network

Princeton, IL

PURPOSE: ARP SHIP COVID

$256,978
National Association For The Exchange Of Industrial Resources I

Galesburg, IL

PURPOSE: CARE OF ILL, NEEDY, OR MINOR

$54,958
Walter Durley Boyle Charitable Trust

Princeton, IL

PURPOSE: FOR THE CONSTRUCTION OF HOSPITAL BUILDINGS AND EXTENSION AND ALTERATION OF EXISTING BUILDINGS, WITH FIRST PREFERENCE TO THE HENNEPIN CLINIC AND HAZEL MARIE BOYLE WOMEN'S BUILDING AND CARDIAC REHABILITATION CENTER.

$5,321
View Grant Recipient Profile

Peer Organizations

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