Hospital Sisters Services Inc
- Assets
- $27.8m
- Revenue
- $8.3m
- Investments
- $0.0
- Employees
- 0
- Location
- Springfield, IL
- Founding
- 03/1946
- Data as of
- 06/2021
- EIN
- 37-1163402
Organization Overview
Hospital Sisters Services Inc is located in Springfield, IL. 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. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Hospital Sisters 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 06/2021, Hospital Sisters Services Inc generated $8.3m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.5%) each year. All expenses for the organization totaled $7.1m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (8.4%) per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE AND SUPPORT, DIRECTLY OR INDIRECTLY, BY DONATION, LOAN, OR OTHERWISE, THE INTERESTS AND PURPOSES OF THE HOSPITAL SISTERS OF THE 3RD ORDER OF ST. FRANCIS.
Describe the Organization's Program Activity:
SEE SCHEDULE O
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Ex-Officio Voting Member | Trustee | 0.3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| 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 | $0 |
| Total Program Service Revenue | $7,821,395 |
| Investment income | -$13,864 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $203,584 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,284,892 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| 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 | $32,775 |
| Fees for services: Other | $533,470 |
| Advertising and promotion | $78 |
| Office expenses | $1,457 |
| Information technology | $170,102 |
| Royalties | $0 |
| Occupancy | $3,151 |
| Travel | $2,694 |
| 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 | $171,175 |
| Insurance | $45,697 |
| All other expenses | $2,895 |
| Total functional expenses | $7,050,682 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $10,051,522 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,239,337 |
| 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 | $214,890 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $7,261,761 |
| Investments—other securities | $0 |
| Investments—program-related | $7,029,095 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $27,796,605 |
| Accounts payable and accrued expenses | $5,635,097 |
| Grants payable | $0 |
| Deferred revenue | $503,563 |
| 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 | $0 |
| Total liabilities | $6,138,660 |
| Net assets without donor restrictions | $21,657,945 |
| 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 | $27,796,605 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jewish Heritage Fund For Excellence Inc Louisville, KY | $316,702,876 | $24,452,384 |
Hospital Sisters Services Inc Springfield, IL | $27,796,605 | $8,284,892 |
Damien Cares Indianapolis, IN | $4,720,848 | $9,296,684 |
T J Regional Health Inc Glasgow, KY | $461,603 | $6,239,521 |
Ascension Via Christi Property Services Inc St Louis, MO | $48,442,586 | $6,830,213 |
Skaggs Foundation Branson, MO | $49,386,738 | $7,551,223 |
Central Iowa Health Properties Corporation Des Moines, IA | $56,150,433 | $5,306,089 |
Otto Schoitz Foundation Waterloo, IA | $68,331,413 | $12,915,755 |
Keystone Alliance Chicago, IL | $1,024,529 | $2,358,365 |
Diagnostic Shared Services Inc Louisville, KY | $416,540 | $1,682,272 |
Core Foundation Chicago, IL | $10,986,019 | $391,940 |
Managed Emergency Surge For Healthcare Inc Indianapolis, IN | $855,757 | $1,096,077 |