Ascension Via Christi Health Inc
- Assets
- $224.7m
- Revenue
- $97.1m
- Investments
- $0.0
- Employees
- 198
- Location
- St Louis, MO
- Founding
- 03/1946
- Data as of
- 06/2021
- EIN
- 48-1172107
Organization Overview
Ascension Via Christi Health Inc is located in St Louis, MO. The organization was established in 1946. According to its NTEE Classification (E21) the organization is classified as: Community Health Systems, under the broad grouping of Health Care and related organizations. As of 06/2021, Ascension Via Christi Health Inc employed 198 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Ascension Via Christi Health 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, Ascension Via Christi Health Inc generated $97.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (6.8%) each year. All expenses for the organization totaled $92.5m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (9.9%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Ascension Via Christi Health Inc has awarded 37 individual grants totaling $7,463,413. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
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:
THE OBLIGATION TO REACH OUT TO THOSE IN NEED AND IMPROVE COMMUNITY HEALTH FLOWS DIRECTLY FROM OUR IDENTITY AS A FAITH-BASED HEALING MINISTRY. AS A MISSION-DRIVEN ORGANIZATION, WE PROVIDE COMMUNITY BENEFIT BECAUSE WE ARE COMMITTED TO OUR CORE VALUES OF: 1) SERVICE OF THE POOR - GENEROSITY OF SPIRIT, ESPECIALLY FOR PERSONS MOST IN NEED; 2) REVERENCE - RESPECT AND COMPASSION FOR THE DIGNITY AND DIVERSITY OF LIFE; 3) INTEGRITY - INSPIRING TRUST THROUGH PERSONAL LEADERSHIP; 4) WISDOM - INTEGRATING EXCELLENCE AND STEWARDSHIP; 5) CREATIVITY - COURAGEOUS INNOVATION; AND 6) DEDICATION - AFFIRMING THE HOPE AND JOY OF OUR MINISTRY. ASCENSION VIA CHRISTI HEALTH, INC. WORKS WITH THE COMMUNITIES THEY SERVE IN ADDRESSING THEIR NEEDS WITH THEIR LIMITED RESOURCES. HERE ARE SOME OF THE WAYS IN WHICH ASCENSION VIA CHRISTI HEALTH, INC. HELPS. EMPLOYEES ASSIST WITH: 1) FUNDRAISING FOR OTHER AREA NOT-FOR-PROFITS THROUGH THE ANNUAL ONE COMMUNITY CAMPAIGN (IN PARTNERSHIP WITH UNITED WAY), 2) SAVING LIVES THROUGH SPONSORING BLOOD DRIVES IN PARTNERSHIP WITH THE AMERICAN RED CROSS, 3) CASH DONATIONS TO ORGANIZATIONS AND PROGRAMS THAT ARE HEALTH RELATED 4) IN-KIND DONATIONS OF TIME FOR VARIOUS BOARD, COMMITTEES AND COUNCILS. THE FINANCIAL INFORMATION IN THIS REPORT WAS PREPARED IN ACCORDANCE WITH THE CATHOLIC HEALTH ASSOCIATION'S COMMUNITY BENEFIT REPORTING GUIDELINES. THESE GUIDELINES RECOMMEND THE FOLLOWING: 1) REPORT CHARITY CARE AT COST, NOT CHARGES, 2) DO NOT INCLUDE BAD DEBT, CONTRACTUAL ALLOWANCES AND QUICK PAY DISCOUNTS AS PART OF THE CHARITY CARE EXPENSE, 3) DO NOT COUNT MEDICARE SHORTFALL AS A COMMUNITY BENEFIT, AND 4) REPORT THE NET EXPENSE FOR COMMUNITY BENEFIT SERVICES (E.G. THE TOTAL COMMUNITY BENEFIT EXPENSE MINUS ANY ASSOCIATED REVENUE FROM PATIENTS, PAYERS AND OTHER EXTERNAL SOURCES.) FOR FISCAL YEAR ENDED JUNE 30, 2021 COMMUNITY BENEFIT - ASCENSION VIA CHRISTI HEALTH, INC. PROVIDED THE FOLLOWING NET BENEFIT: FINANCIAL & IN-KIND DONATIONS = $152,912 COMMUNITY BENEFIT OPERATIONS = $18,179 COMMUNITY HEALTH IMPROVEMENT = $71,170 COMMUNITY BUILDING ACTIVITIES = $0 TOTAL OF QUANTIFIABLE COMMUNITY BENEFIT OF $242,261
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Former Key Employee (end 12/2017) | 0 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Cabe Consulting Llc Consulting | 6/29/21 | $155,000 |
Cumberland Consulting Group Llc Consulting | 6/29/21 | $172,220 |
Technical Youth Llc Human Resource Services | 6/29/21 | $149,690 |
World Wide Technology Llc Technology Services | 6/29/21 | $1,884,996 |
Professional Research Consultants Consulting | 6/29/21 | $278,609 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $46,068 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $500 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $46,568 |
| Total Program Service Revenue | $96,516,093 |
| Investment income | $15,974 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $205,955 |
| Net Gain/Loss on Asset Sales | $14,963 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $104,225 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $97,145,070 |
| 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. | $1,308,601 |
| Compensation of current officers, directors, key employees. | $1,308,601 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $6,648,114 |
| Pension plan accruals and contributions | $350,835 |
| Other employee benefits | $4,190,472 |
| Payroll taxes | $544,452 |
| Fees for services: Management | $11,350 |
| Fees for services: Legal | $44,097 |
| Fees for services: Accounting | $3,298 |
| Fees for services: Lobbying | $216,385 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $464,265 |
| Advertising and promotion | $1,854 |
| Office expenses | $1,815,543 |
| Information technology | $930,688 |
| Royalties | $0 |
| Occupancy | $2,748,542 |
| Travel | $18,310 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $26,164 |
| Interest | $11,833,241 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $13,223,265 |
| Insurance | $6,814,839 |
| All other expenses | $159,003 |
| Total functional expenses | $92,520,511 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $123,008 |
| Savings and temporary cash investments | $5,544,077 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,519 |
| Loans from Officers, Directors, or Controlling Persons | $7,414 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $93,726 |
| Prepaid expenses and deferred charges | $134,404 |
| Net Land, buildings, and equipment | $22,324,931 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $148,260,327 |
| Intangible assets | $5,918,978 |
| Other assets | $42,277,530 |
| Total assets | $224,688,914 |
| Accounts payable and accrued expenses | $2,253,292 |
| 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 | $0 |
| Other liabilities | $384,849,811 |
| Total liabilities | $387,103,103 |
| Net assets without donor restrictions | -$162,414,189 |
| 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 | $224,688,914 |
Grants Awarded
Over the last fiscal year, Ascension Via Christi Health Inc has awarded $1,697,657 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
St Louis, MO PURPOSE: OPERATING EXPENSES/EQUIPMENT & EDUCATION | $1,185,556 |
St Louis, MO PURPOSE: OPERATING EXPENSES | $405,876 |
St Louis, MO PURPOSE: OPERATING EXPENSES | $57,660 |
ASCENSION MEDICAL GROUP VIA CHRISTI PA PURPOSE: OPERATING EXPENSES | $28,565 |
Wichita, KS PURPOSE: ECONOMIC DEVELOPMENT PARTNERSHIP | $20,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Ascension Via Christi Health Inc has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Columbia Forest Products Foundation Inc Greensboro, NC PURPOSE: IN RECOGNITION OF DR. MARGO PRAY | $10,000 |
Endowment Analysis
| Beg. Balance | $17,707,743 |
| Admin Expense | $17,707,743 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ssm Health Care Corporation St Louis, MO | $4,485,127,106 | $1,033,534,741 |
Bjc Health System St Louis, MO | $5,456,592,622 | $1,155,105,032 |
Mercy Health Services Iowa Corp Mason City, IA | $937,001,767 | $829,323,680 |
Appalachian Regional Healthcare Inc Lexington, KY | $1,267,201,787 | $817,287,479 |
Memorial Health Care System Inc Chattanooga, TN | $833,500,042 | $655,181,018 |
Wellmont Health System Johnson City, TN | $425,394,041 | $662,198,822 |
Alegent Health - Bergan Mercy Health System Omaha, NE | $1,132,748,535 | $611,302,606 |
Owensboro Health Regional Hospital Owensboro, KY | $1,685,340,581 | $709,904,993 |
Alexian Brothers Health System St Louis, MO | $397,387,025 | $531,298,685 |
Alegent Creighton Health Omaha, NE | $854,680,490 | $528,133,331 |
The Carle Foundation Urbana, IL | $3,268,207,661 | $555,725,730 |
Norton Healthcare Inc Louisville, KY | $2,709,209,349 | $492,316,959 |