Our Lady Of Lourdes Memorial Hospital Inc
- Assets
- $537.6m
- Revenue
- $476.5m
- Investments
- $0.0
- Employees
- 3,242
- Location
- St Louis, MO
- Founding
- 03/1946
- Data as of
- 06/2021
- EIN
- 15-0532221
Organization Overview
Our Lady Of Lourdes Memorial Hospital Inc, operating under the name Ascension Online Care, is located in St Louis, MO. The organization was established in 1946. 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 06/2021, Ascension Online Care employed 3,242 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Ascension Online Care 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 Online Care generated $476.5m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 19.9% each year . All expenses for the organization totaled $437.5m during the year ending 06/2021. While expenses have increased by 20.1% 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.
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:
OUR LADY OF LOURDES MEMORIAL HOSPITAL, INC. IS A 154-BED HOSPITAL CAMPUS PROVIDING SERVICES WITHOUT REGARD TO PATIENT RACE, CREED, NATIONAL ORIGIN, ECONOMIC STATUS, OR ABILITY TO PAY. DURING FISCAL YEAR 2021, OUR LADY OF LOURDES MEMORIAL HOSPITAL, INC. TREATED 9,660 ADULTS AND CHILDREN FOR A TOTAL OF 46,464 PATIENT DAYS OF SERVICE. THE HOSPITAL ALSO PROVIDED SERVICES FOR 394,169 OUTPATIENT VISITS, WHICH INCLUDED 11,289 OUTPATIENT SURGERIES AND 32,682 EMERGENCY ROOM VISITS. SEE SCHEDULE H FOR A NON-EXHAUSTIVE LIST OF COMMUNITY BENEFIT PROGRAMS AND DESCRIPTIONS. AS PART OF THE ASCENSION CATHOLIC HEALTH MINISTRY, THE FILING ORGANIZATION SERVED IN SUPPORT OF ASCENSION'S COMMITMENT TO BOTH CARE FOR PATIENTS AND COMMUNITIES AND SUPPORT CAREGIVERS AND OTHER ASSOCIATES THROUGH THE CHALLENGES OF THE COVID-19 GLOBAL PANDEMIC IN FY20 AND FY21.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Riverside Associates In Anesthesia Pc Medical Services | 6/29/21 | $5,773,594 |
Cogent Medical Care Pc Medical Services | 6/29/21 | $3,031,572 |
Ob Hospitalist Group Llc Physician Services | 6/29/21 | $1,564,900 |
Arup Laboratories Laboratory Services | 6/29/21 | $1,366,249 |
Healthcare Resources Llc Medical Services | 6/29/21 | $1,226,273 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $17,810,512 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,202,757 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $20,013,269 |
| Total Program Service Revenue | $429,947,147 |
| Investment income | $22,020,032 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $88,311 |
| Net Gain/Loss on Asset Sales | $441,489 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $109,383 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $476,455,484 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $40,500 |
| 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. | $1,947,477 |
| Compensation of current officers, directors, key employees. | $901,050 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $182,404,825 |
| Pension plan accruals and contributions | $7,752,467 |
| Other employee benefits | $22,012,007 |
| Payroll taxes | $11,832,758 |
| Fees for services: Management | $87,327 |
| Fees for services: Legal | $26,994 |
| Fees for services: Accounting | $98,057 |
| Fees for services: Lobbying | $20,078 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $26,383,798 |
| Advertising and promotion | $729,328 |
| Office expenses | $1,754,004 |
| Information technology | $655,517 |
| Royalties | $0 |
| Occupancy | $12,102,525 |
| Travel | $637,506 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $491,061 |
| Interest | $1,293,914 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $14,211,077 |
| Insurance | $2,492,873 |
| All other expenses | $6,427,807 |
| Total functional expenses | $437,471,255 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $42,972 |
| Savings and temporary cash investments | $9,166,365 |
| Pledges and grants receivable | $229,638 |
| Accounts receivable, net | $39,519,713 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $398,522 |
| Inventories for sale or use | $6,603,652 |
| Prepaid expenses and deferred charges | $178,086 |
| Net Land, buildings, and equipment | $117,662,040 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $1,303,624 |
| Other assets | $362,519,641 |
| Total assets | $537,624,253 |
| Accounts payable and accrued expenses | $38,030,021 |
| Grants payable | $0 |
| Deferred revenue | $495,120 |
| 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 | $197,861,434 |
| Total liabilities | $236,386,575 |
| Net assets without donor restrictions | $268,849,897 |
| Net assets with donor restrictions | $32,387,781 |
| 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 | $537,624,253 |
Grants Awarded
Over the last fiscal year, Our Lady Of Lourdes Memorial Hospital Inc has awarded $69,500 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Dallas, TX PURPOSE: OPERATING SUPPORT | $30,500 |
EVANS STREET BASEBALL PURPOSE: OPERATING SUPPORT | $20,500 |
B C HOCKEY INC PURPOSE: OPERATING SUPPORT | $18,500 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Our Lady Of Lourdes Memorial Hospital Inc has recieved totaling $54,325.
| Awarding Organization | Amount |
|---|---|
Broome County Community Charities Inc Endicott, NY PURPOSE: CHARITABLE CONTRIBUTION | $45,000 |
New York Bar Foundation Albany, NY PURPOSE: MENTAL HEALTH JUVENILE JUSTICE | $9,325 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Integris Baptist Medical Center Inc Oklahoma City, OK | $2,058,378,701 | $1,074,971,636 |
St Lukes Hospital Of Kansas City Kansas City, MO | $1,771,100,748 | $1,070,641,998 |
Saint Thomas West Hospital St Louis, MO | $949,679,305 | $1,081,181,844 |
Baptist Health Little Rock, AR | $1,838,433,342 | $1,059,132,631 |
Mercy Hospital Springfield Springfield, MO | $547,925,906 | $1,115,699,805 |
Ascension St John Hospital St Louis, MO | $469,518,860 | $965,978,781 |
Advocate North Side Health Network Downers Grove, IL | $946,824,836 | $901,672,521 |
The Carle Foundation Hospital Urbana, IL | $465,988,906 | $1,085,020,210 |
Ssm Healthcare Of Oklahoma Inc St Louis, MO | $640,999,933 | $906,998,301 |
Catholic Health Initiatives-Iowa Corp Des Moines, IA | $1,114,579,485 | $904,841,538 |
Central Iowa Hospital Corporation Des Moines, IA | $1,438,981,448 | $937,321,371 |
Saint Joseph Health System Inc Lexington, KY | $961,743,109 | $864,115,504 |