Svmc Holdings Inc, operating under the name St Vincent's Medical Center, is located in Bridgeport, CT. The organization was established in 2019. According to its NTEE Classification (E20) the organization is classified as: Hospitals, under the broad grouping of Health Care and related organizations. As of 09/2020, St Vincent's Medical Center employed 5,245 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.
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
ST. VINCENT'S MEDICAL CENTER CONTINUES ITS MISSION OF CARRYING ON THE WORK OF THE DAUGHTERS OF CHARITY AND THEIR COMMITMENT TO SERVE THE SICK AND POOR OF BRIDGEPORT. ST. VINCENT'S MEDICAL CENTER IS A LICENSED 473-BED COMMUNITY TEACHING AND REFERRAL HOSPITAL WITH A LEVEL II TRAUMA CENTER AND A 76-BED INPATIENT PSYCHIATRIC FACILITY IN WESTPORT. THE MEDICAL CENTER OFFERS A FULL RANGE OF INPATIENT AND OUTPATIENT SERVICES WITH REGIONAL CENTERS OF EXCELLENCE IN CARDIOLOGY, SURGERY, CANCER CARE, ORTHOPEDICS, FAMILY BIRTHING, BEHAVIORAL HEALTH, AND AN ARRAY OF SPECIALIZED SERVICES.ST. VINCENT'S HEALTH SERVICES INCLUDES THE MEDICAL CENTER, ST. VINCENT'S BEHAVIORAL HEALTH SERVICES, ST. VINCENT'S SPECIAL NEEDS SERVICES, AND ST. VINCENT'S MEDICAL CENTER FOUNDATION. IN 2010, THE MEDICAL CENTER BROKE GROUND ON THE ELIZABETH M. PFRIEM SWIM CENTER FOR CANCER CARE, THE RENOVATED AND EXPANDED MICHAEL J. DALY EMERGENCY DEPARTMENT.THE ELIZABETH M. PFRIEM SWIM CENTER FOR CANCER CARE CONTAINS ALL ONCOLOGY SERVICES IN ONE PLACE. THESE SERVICES ENCOMPASS THE FULL SPECTRUM OF CANCER CARE AND INCLUDE COMMUNITY OUTREACH, SCREENING AND PREVENTION, DIAGNOSTIC SERVICES, SURGICAL AND MEDICAL ONCOLOGY, RADIATION THERAPY, INTERVENTIONAL ONCOLOGY, CLINICAL TRIALS, DEDICATED INPATIENT AND OUTPATIENT CANCER UNITS, PALLIATIVE CARE, PAIN MANAGEMENT, INTEGRATIVE ONCOLOGY, SUPPORT SERVICES, PATIENT AND PROVIDER EDUCATION AND SURVIVORSHIP. THE CENTER OFFERS INTEGRATIVE ONCOLOGY SERVICES, INCLUDING A BOUTIQUE, SPA SERVICES, NUTRITION COUNSELING, SOCIAL WORK, FINANCIAL COUNSELING, A MEDITATION AREA, SUPPORT SERVICES AND A SURVIVORSHIP PROGRAM.THE MICHAEL J. DALY CENTER FOR EMERGENCY AND TRAUMA CARE WAS RENAMED IN DECEMBER OF 2009 AS THE FIRST SECTION OF THE EXPANDED AND REFURBISHED EMERGENCY DEPARTMENT WHICH OPENED IN THE FALL 2010. THE COMPLETELY RENOVATED EMERGENCY DEPARTMENT, TRIPLED IN SIZE, HOLDS 60 BEDS, INCLUDES SPECIALIZED TRAUMA AND CRITICAL CARE SUITES, A "FAST TRACK" AREA FOR MINOR CASE NEEDS, DEDICATED OB/GYN ROOMS, PEDIATRIC AREA, EXPANDED BEHAVIORAL HEALTH AND PSYCHIATRIC AREA WITH FOCUS ON PRIVACY AND SAFETY, IMPROVEMENTS IN DIAGNOSTIC EQUIPMENT, INCLUDING ITS OWN CT SCANNER, ULTRASOUND AND X-RAY EQUIPMENT TO EXPEDITE DIAGNOSIS AND TREATMENT OF EMERGENCY ROOM PATIENTS AND A PERMANENT DECONTAMINATION FACILITY FOR HAZARDOUS SPILLS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
William Hoey Vp, Mission Integration | Officer | 60 | $328,683 |
Vincent Dibattista Director & President | OfficerTrustee | 30 | $0 |
John Petillo Chair | OfficerTrustee | 3 | $0 |
Brooke Karlsen Vp, Operations | Officer | 60 | $0 |
Margaret Marchak Secretary (regional) | Officer | 20 | $0 |
Dan Gottschall Vp, Medical Affairs | Officer | 30 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Value Care Alliance Llc Health Care Services | 9/29/20 | $1,011,408 |
Physicians For Womens Health Llc Physician Services | 9/29/20 | $1,340,775 |
Dva Renal Healthcare Inc Dialysis Services | 9/29/20 | $776,590 |
Southwest Community Health Center Inc Family Health Center | 9/29/20 | $554,255 |
Connecticut Childrens Medical Center Physician Services | 9/29/20 | $486,300 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $4,736,905 |
Government grants | $4,531,622 |
All other contributions, gifts, grants, and similar amounts not included above | $12,656 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $9,281,183 |
Total Program Service Revenue | $421,044,660 |
Investment income | $72,615 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | -$510,578 |
Net Gain/Loss on Asset Sales | -$1,873 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $429,886,007 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $15,000 |
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. | $144,410 |
Compensation of current officers, directors, key employees. | $144,410 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $133,472,297 |
Pension plan accruals and contributions | $7,530,222 |
Other employee benefits | $14,256,171 |
Payroll taxes | $9,057,945 |
Fees for services: Management | $0 |
Fees for services: Legal | $360,663 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $37,906 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $90,839,354 |
Advertising and promotion | $68,332 |
Office expenses | $4,820,912 |
Information technology | $16,794,384 |
Royalties | $0 |
Occupancy | $5,027,621 |
Travel | $75,115 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $197,256 |
Interest | $0 |
Payments to affiliates | $708,840 |
Depreciation, depletion, and amortization | $18,173,397 |
Insurance | $4,090,482 |
All other expenses | $3,736,329 |
Total functional expenses | $437,484,072 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $21,615,737 |
Savings and temporary cash investments | $56,881 |
Pledges and grants receivable | $820,078 |
Accounts receivable, net | $47,538,415 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $5,502,853 |
Prepaid expenses and deferred charges | $1,454,815 |
Net Land, buildings, and equipment | $141,164,178 |
Investments—publicly traded securities | $30,045,483 |
Investments—other securities | $78,672 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $24,473,062 |
Total assets | $272,750,174 |
Accounts payable and accrued expenses | $25,256,775 |
Grants payable | $0 |
Deferred revenue | $326,689 |
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 | $64,019,515 |
Total liabilities | $89,602,979 |
Net assets without donor restrictions | $153,101,706 |
Net assets with donor restrictions | $30,045,489 |
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 | $272,750,174 |
Earnings | $1,690,849 |
Admin Expense | $267,179 |
Net Contributions | $19,652,630 |
Other Expense | $650,404 |
Ending Balance | $20,425,896 |
Organization Name | Assets | Revenue |
---|---|---|
Southcoast Hospitals Group Inc New Bedford, MA | $1,213,595,255 | $936,796,802 |
Physician Affiliate Group Of New York Pc New York, NY | $43,916,366 | $787,911,025 |
South Shore University Hospital Westbury, NY | $465,657,019 | $728,270,879 |
Svmc Holdings Inc Bridgeport, CT | $272,750,174 | $429,886,007 |
St Barnabas Hospital Bronx, NY | $390,221,434 | $434,526,701 |
Richmond Medical Center Staten Island, NY | $296,789,651 | $359,868,185 |
Winchester Hospital Winchester, MA | $449,193,408 | $287,832,966 |
St Catherine Of Siena Medical Center Smithtown, NY | $195,571,732 | $280,926,875 |
Plainview Hospital Westbury, NY | $87,084,707 | $234,135,134 |
Stony Brook Internists P C Stony Brook, NY | $4,575,316 | $146,928,194 |
Glen Cove Hospital Westbury, NY | $129,256,435 | $143,332,356 |
Wmc-New York Inc Valhalla, NY | $35,140,246 | $148,573,745 |