Presence Healthcare Services
- Assets
- $228.7m
- Revenue
- $89.2m
- Investments
- $0.0
- Employees
- 0
- Location
- St Louis, MO
- Founding
- 03/1946
- Data as of
- 06/2020
- EIN
- 36-3330928
Organization Overview
Presence Healthcare Services, operating under the name Women First Presence Medical Group Presence Medical Group - RHC, is located in St Louis, MO. The organization was established in 1946. According to its NTEE Classification (E32) the organization is classified as: Community Clinics, under the broad grouping of Health Care and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Women First Presence Medical Group Presence Medical Group - RHC 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 06/2020, Women First Presence Medical Group Presence Medical Group - RHC generated $89.2m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.8%) each year. All expenses for the organization totaled $180.2m during the year ending 06/2020. 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
2020
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
PRESENCE HEALTHCARE SERVICES (PHS) PROVIDES THE COMMUNITY WITH NEARLY 300 HIGHLY QUALIFIED PHYSICIANS AND ADVANCED PRACTICE PROFESSIONALS IN LOCATIONS THROUGHOUT THE CHICAGOLAND AREA. PHS PROVIDES ACCESS TO PROVIDERS FROM VARIOUS DISCIPLINES AT ONE-STOP CLINICS OFFERING COMPREHENSIVE CARE AND TESTING. PHS PHYSICIANS HAVE PRACTICED FOR MANY YEARS IN THE COMMUNITIES THAT THEY SERVE WHILE FOCUSING ON LONG-TERM HEALTH, NOT JUST SHORT-TERM TREATMENT, AND TAKE THE TIME TO BUILD STRONG RELATIONSHIPS WITH THE COMMUNITY. PHS MAINTAINS FLEXIBLE OFFICE HOURS AND EASY APPOINTMENT SCHEDULING ENABLING THE COMMUNITY TO RECEIVE THE HEALTH CARE THEY NEED WHEN THEY NEED IT. AS PART OF THE ASCENSION CATHOLIC HEALTH MINISTRY, THE FILING ORGANIZATION SERVED IN SUPPORT OF ASCENSION'S COMMITMENT TO BOTH CARE FOR PATIENTS AND COMMUNITIES AND SUPPORT CAREGIVERS AND OTHER ASSOCIATES THROUGH THE CHALLENGES OF THE COVID-19 GLOBAL PANDEMIC IN FY21.
PRESENCE HEALTHCARE SERVICES (PHS) OWNS AND MANAGES A NUMBER OF MEDICAL OFFICE BUILDINGS. PHS IN TURN LEASES THE SPACE TO OTHER RELATED TAX-EXEMPT HEALTHCARE ENTITIES IN SUPPORT OF THEIR TAX-EXEMPT PROGRAM SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Former Officer (end 12/2018) | 0 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Kare Hospital Medicine Llc Primary Care Services | 6/29/21 | $3,320,103 |
Westwood Obstetrics And Gynecology Ltd Physician Services | 6/29/21 | $455,000 |
Cdn Surgical Associates Ltd Surgical Services | 6/29/21 | $418,608 |
Richard S Goldberg Md Ltd Physician Services | 6/29/21 | $296,194 |
Medsurg Partnership Physician Services | 6/29/21 | $230,969 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,928,225 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$9,688,549 |
| Net Gain/Loss on Asset Sales | -$768,168 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $89,216,902 |
| Statement of Expenses | |
|---|---|
| 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 to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $231 |
| Fees for services: Legal | $1,057 |
| 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 | $3,145,246 |
| Advertising and promotion | $13,208 |
| Office expenses | $1,114,759 |
| Information technology | $5,805 |
| Royalties | $0 |
| Occupancy | $9,060,566 |
| Travel | $104,588 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $215,077 |
| Interest | $1,728,161 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,759,548 |
| Insurance | $4,967,754 |
| All other expenses | $0 |
| Total functional expenses | $180,213,120 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,760 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $11,868,079 |
| 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 | $125,680 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $607,224 |
| Other assets | $10,805,458 |
| Total assets | $228,681,485 |
| Accounts payable and accrued expenses | $16,019,120 |
| Grants payable | $0 |
| Deferred revenue | $272,142 |
| 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 | $26,425,545 |
| Total liabilities | $42,716,807 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $185,964,678 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Presence Healthcare Services has recieved totaling $224,036.
| Awarding Organization | Amount |
|---|---|
Presence Health Foundation Board Of Trustees Chicago, IL PURPOSE: HEALTH PROGRAMS AND EQUIPMENT | $224,036 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Saint Lukes Physician Group Inc Kansas City, MO | $97,235,580 | $477,545,872 |
Mercy Clinic Springfield Communities Springfield, MO | $37,444,929 | $280,967,485 |
Saint Thomas Medical Partners St Louis, MO | $114,554,177 | $241,664,770 |
Integris Ambulatory Care Corporation Oklahoma City, OK | $363,711,453 | $242,573,794 |
Warren Clinic Inc Tulsa, OK | $122,713,415 | $208,630,512 |
Baptist Memorial Medical Group Inc Memphis, TN | $349,980,187 | $232,152,357 |
Physicians Clinic Inc Omaha, NE | $98,824,491 | $206,180,874 |
Howard Brown Health Center Chicago, IL | $154,278,848 | $213,714,790 |
Presence Healthcare Services St Louis, MO | $228,681,485 | $89,216,902 |
Access Community Health Network Chicago, IL | $73,786,429 | $159,425,105 |
Cumberland Family Medical Center Inc Burkesville, KY | $65,128,853 | $114,273,656 |
Mercy Clinic Fort Smith Communities Fort Smith, AR | $16,003,364 | $92,671,268 |