Bon Secours St Marys Hospital Of Richmond Llc
- Assets
- $0.0
- Revenue
- $249.4m
- Investments
- $0.0
- Employees
- 5,629
- Location
- Richmond, VA
- Founding
- 06/1962
- Data as of
- 12/2019
- EIN
- 54-0793767
Organization Overview
Bon Secours St Marys Hospital Of Richmond Llc, operating under the name St Mary's Hospital, is located in Richmond, VA. The organization was established in 1962. 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 12/2019, St Mary's Hospital employed 5,629 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. St Mary's Hospital 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 12/2019, St Mary's Hospital generated $249.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (19.2%) each year. All expenses for the organization totaled $227.5m during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (19.6%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, St Mary's Hospital has awarded 306 individual grants totaling $56,770,527. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2019
Describe the Organization's Mission:
Part 3 - Line 1
ACUTE CARE HOSPITAL
Describe the Organization's Program Activity:
Part 3 - Line 4a
ST. MARY'S HOSPITAL PROVIDES MEDICAL CARE TO PATIENTS WITHOUT REGARD TO THEIR ABILITY TO PAY. AS THE MAJOR COMMUNITY NOT FOR PROFIT HOSPITAL IN RICHMOND, ST. MARY'S IS THE ACCESS FOR UNDER-INSURED AND FINANCIALLY DISADVANTAGED WHO WILL NOT BE TREATED AT THE FOR PROFIT HOSPITALS. IN ADDITION, ST. MARY'S PROVIDES SUPPORT FOR COMMUNITY SERVICES, SHARED SERVICES TO RELATED ORGANIZATIONS TO ASSIST WITH FURTHERING ITS MISSION OF PROVIDING HELP TO THOSE IN NEED, AND AN ACCREDITED 18-MONTH RADIOGRAPHY PROGRAM THROUGH THE BON SECOURS ST. MARY'S HOSPITAL SCHOOL OF MEDICAL IMAGING DESIGNED TO PREPARE INDIVIDUALS TO ENTER THE WORKFORCE AS DIAGNOSTIC RADIOLOGIC TECHNOLOGISTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Interim CEO - Richmond (end 12/19) | OfficerTrustee | 20 | $0 |
Name Not Listed President/ceo - Richmond (beg 12/19) | OfficerTrustee | 2 | $0 |
Name Not Listed Chairman | OfficerTrustee | 2 | $0 |
Name Not Listed President | OfficerTrustee | 3.5 | $0 |
Name Not Listed Board Member | Trustee | 2 | $0 |
Name Not Listed Board Member (end 12/19) | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Trimedx Inc Asset Management | 12/30/19 | $9,924,834 |
Sound Physicians Of Va Iii Physician Advisory | 12/30/19 | $6,079,843 |
Envera Health Inc Healthcare Consulting | 12/30/19 | $3,765,753 |
Morrison Mgt Specialists Dietary Management | 12/30/19 | $6,469,461 |
Us Bank Corporate Trust (Shiftwise) Contract Nursing | 12/30/19 | $4,108,603 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $642,622 |
| 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 | $642,622 |
| Total Program Service Revenue | $236,606,328 |
| Investment income | $3,404,115 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $171,837 |
| Net Gain/Loss on Asset Sales | $3,259,719 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $249,441,467 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,288,569 |
| Grants and other assistance to domestic individuals. | $7,803 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,880,010 |
| Compensation of current officers, directors, key employees. | $188,001 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $68,995,180 |
| Pension plan accruals and contributions | $4,059,467 |
| Other employee benefits | $9,088,266 |
| Payroll taxes | $5,366,137 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $8,606 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $57,125,973 |
| Advertising and promotion | $455,566 |
| Office expenses | $374,272 |
| Information technology | $858,262 |
| Royalties | $0 |
| Occupancy | $6,545,506 |
| Travel | $364,341 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $61,503 |
| Interest | -$18,211 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,426,116 |
| Insurance | $941,372 |
| All other expenses | $5,146,681 |
| Total functional expenses | $227,511,720 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $0 |
Grants Awarded
Over the last fiscal year, Bon Secours St Marys Hospital Of Richmond Llc has awarded $1,280,235 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
J SARGEANT REYNOLDS COMMUNITY COLLEGE EDUCATIONAL FOUNDATION INC PURPOSE: MISSION SUPPORT | $33,333 |
RICHMOND ACADEMY OF MEDICINE PURPOSE: MISSION SUPPORT | $30,000 |
SAARA OF VIRGINIA PURPOSE: MISSION SUPPORT | $49,805 |
DAILY PLANET HEALTH SERVICES PURPOSE: MISSION SUPPORT | $98,000 |
CROSSOVER HEALTHCARE MINISTRY PURPOSE: MISSION SUPPORT | $40,000 |
ST AUGUSTINE CATHOLIC CHURCH PURPOSE: MISSION SUPPORT | $5,000 |