Ascension Care Management Insurance Holdings

Organization Overview

Ascension Care Management Insurance Holdings is located in St Louis, MO. The organization was established in 2014. According to its NTEE Classification (E12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ascension Care Management Insurance Holdings 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 12/2020, Ascension Care Management Insurance Holdings generated $76.3m in total revenue. All expenses for the organization totaled $14.6m during the year ending 12/2020. While expenses have increased by 107.2% 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 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

ASCENSION CARE MANAGEMENT INSURANCE HOLDINGS IS A CATHOLIC HEALTH MINISTRY DEDICATED TO IMPROVING THE HEALTH OF INDIVIDUALS AND COMMUNITIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE CATHOLIC RELIGIOUS COMMUNITIES AND HEALTH MINISTRIES WHICH FORMED ASCENSION CARE MANAGEMENT INSURANCE HOLDINGS AND WHOSE CHARITABLE MISSIONS ASCENSION CARE MANAGEMENT INSURANCE HOLDINGS CONTINUES TO SUPPORT HAVE CHARGED THE ORGANIZATION WITH FURTHERING THEIR MISSIONS OF SPIRITUALLY-CENTERED, HOLISTIC CARE WHICH SUSTAINS AND IMPROVES THE HEALTH OF INDIVIDUALS AND COMMUNITIES. ASCENSION CARE MANAGEMENT INSURANCE HOLDINGS OPERATED IN EIGHT STATES AND CREATES CUSTOMIZED HEALTHCARE SOLUTIONS FOR HEALTH SYSTEMS, PAYERS AND EMPLOYERS THAT STABILIZE COSTS, IMPROVE OUTCOMES AND ENHANCE THE EXPERIENCE FOR BOTH PROVIDERS AND INDIVIDUALS. OUR RANGE OF SERVICES STRIVE TO CREATE A SEAMLESS HEALTHCARE EXPERIENCE FOR PROVIDERS, PAYERS AND HEALTHCARE LEADERS BY IMPROVING ACCESS TO AND REMOVING COMPLEXITY FROM THE DELIVERY OF HEALTHCARE.


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Board, Officers & Key Employees

Name (title)Compensation
Name Not Listed
Former Officer (end 12/2019)
$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$17,607,186
Investment income $58,684,024
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
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 $76,291,210

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