Faxton-St Lukes Healthcare

Organization Overview

Faxton-St Lukes Healthcare is located in Utica, NY. The organization was established in 2002. 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 12/2021, Faxton-St Lukes Healthcare employed 2,716 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Faxton-St Lukes Healthcare 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 12/2021, Faxton-St Lukes Healthcare generated $364.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $352.6m during the year ending 12/2021. While expenses have increased by 3.3% per year over the past 7 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 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE FOR EXCELLENCE IN HEALTHCARE FOR OUR COMMUNITIES.

Describe the Organization's Program Activity:

INPATIENT/ACUTE CARE SERVICES - FSLH IS A FULL SERVICE GENERAL HOSPTIAL WITH 320 LICENSED BEDS. THE HOSPTIAL PROVIDES A FULL RANGE OF ANCILLARY SERVICES, INCLUDING MATERNITY AND NEWBORN CARE SERVICES. DISBURSEMENTS MADE BY THE HOSPTIAL ARE EXCLUSIVELY FOR SERVICES AND MATERIALS USED IN PERFORMING THE HOSPITAL'S EXEMPT FUNCTIONS. FSLH PROVIDES CARE TO EVERYONE REGARDLESS OF RACE, RELIGION OR ABILITY TO PAY.


RADIOLOGY/MEDICAL IMAGING - MVHS MEDICAL IMAGING PROVIDES DIAGNOSTIC AND INTERVENTIONAL RADIOLOGY USING RADIATION, SOUND WAVES OR MAGNETIC FIELDS IN MEDICAL DIAGNOSIS AND INCLUDES IMAGING TECHNOLOGY SUCH AS X-RAYS, COMPUTED TOMOGRAPHY (CT), MAGNETIC RESONANCE IMAGING (MRI) AND ULTRASOUND. MVHS OFFERS THE FOLLOWING MEDICAL IMAGING SERVICES AT 4 CENTRAL LOCATIONS, IN ADDITION TO THOSE OUTPATIENT X-RAY SERVICES PROVIDED AT VARIOUS PRIMARY CARE SITES: CT SCANS, ULTRASOUND, EMERGENCY RADIOLOGY, FLUOROSCOPY, INPATIENT X-RAY, OUTPATIENT X-RAY, INTERVENTIONAL RADIOLOGY, NUCLEAR MEDICINE, PET SCAN, DIGITAL MAMMOGRAPHY, 3D MAMMOGRAPHY, STEREOTACTIC AND ULTRASOUND BREAST BIOPSY AND BONE DENSITY/DEXA SCAN. MRI SERVICES ARE AVAILABLE AT THE ST LUKE'S CAMPUS, WHICH ARE PROVIDED BY COOPERATIVE MAGNETIC IMAGING.


RENAL DIALYSIS - THE DIALYSIS PROGRAM AT MOHAWK VALLEY HEALTH SYSTEM (MVHS) IS THE SOLE PROVIDER OF IP, OP AND HOME DIALYSIS TREATMENTS WITHIN 25 MILES TO THE EAST AND WEST, AND NEARLY 75 MILES TO THE NORTH AND SOUTH. IN 2021, PATIENTS FROM SEVEN COUNTIES, RECEIVED MORE THAN 58,000 DIALYSIS TREATMENTS AT ONE OF SEVEN FACILITIES LOCATED THROUGHOUT THE MOHAWK VALLEY. MVHS IS ONE OF THE LARGEST HOSPITAL-BASED DIALYSIS PROGRAMS IN THE COUNTRY AND IS GROWING TO ADDRESS THE UNMET NEEDS OF THE LOCAL POPULATION. ADDITIONALLY, MVHS PROVIDES HOME DIALYSIS TREATMENTS FOR PERITONEAL AND HOME HEMO.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Sunset Anesthesia Associates
Anesthesia Services
$4,473,413
Upstate Urology
Physician/medical Services
$1,768,499
Sodexo
Nutritional Services
$1,692,751
Davin Healthcare
Medical Services
$4,028,007
United Health Services
Physician/medical Services
$1,885,000
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$510,763
Government grants $4,325,408
All other contributions, gifts, grants, and similar amounts not included above$1,250
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$4,837,421
Total Program Service Revenue$324,505,280
Investment income $5,082,568
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income -$112,382
Net Gain/Loss on Asset Sales $3,867,720
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $364,490,898

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Faxton-St Lukes Healthcare has recieved totaling $1,099,227.

Awarding OrganizationAmount
Mohawk Valley Health System Foundation

Utica, NY

PURPOSE: GENERAL OPERATIONS, RENOVATIONS, EQUIPMENT

$1,092,805
$6,422
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$10,413,508
Earnings$568,973
Ending Balance$10,982,481

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