Ascension Living Our Lady Of Peace
- Assets
- $14.8m
- Revenue
- $15.5m
- Investments
- $0.0
- Employees
- 326
- Location
- St Louis, MO
- Founding
- 03/1946
- Data as of
- 12/2022
- EIN
- 16-1608735
Organization Overview
Ascension Living Our Lady Of Peace is located in St Louis, MO. The organization was established in 1946. According to its NTEE Classification (E91) the organization is classified as: Nursing Facilities, under the broad grouping of Health Care and related organizations. As of 12/2022, Ascension Living Our Lady Of Peace employed 326 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Ascension Living Our Lady Of Peace 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 12/2022, Ascension Living Our Lady Of Peace generated $15.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (5.2%) each year. All expenses for the organization totaled $19.8m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (2.8%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
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
THE FILING ORGANIZATION IS A PART OF THE ASCENSION CATHOLIC HEALTH MINISTRY. ASCENSION IS A FAITH-BASED HEALTHCARE ORGANIZATION THAT DELIVERS PERSONALIZED, COMPASSIONATE CARE TO ALL, ESPECIALLY TO THOSE WHO NEED IT THE MOST. OUR LADY OF PEACE (OLP) IS A SKILLED NURSING FACILITY (SNF). OUR SNF, INSPIRED BY THE HEALING MISSION OF THE CATHOLIC CHURCH TO THE ELDERLY, PROVIDES A CONTINUUM OF CARE TO RESIDENTS THAT MAXIMIZES DIGNITY AND INDEPENDENCE. ROOTED IN THE CATHOLIC TRADITION OF CARING, AS A CORPORATE MEMBER OF ASCENSION HEALTH SENIOR CARE, OLP IS CONTINUALLY DEVELOPING AND ADOPTING NEW BEST PRACTICES IN CARE THAT ENHANCE THE EXPERIENCE OF OUR RESIDENTS, PROGRAM PARTICIPANTS AND PATIENTS. THE STAFF IS COMMITTED TO PROMOTING THE WELL-BEING OF THOSE WE SERVE THROUGH THE DELIVERY OF QUALITY CARE. THE SNF HAS 250 BEDS INCLUDING A SUB-ACUTE UNIT OF 40 BEDS IN 2022, 43,688 DAYS OF CARE WERE PROVIDED TO RECIPIENTS. AS A CHARITABLE ORGANIZATION, IT IS RECOGNIZED THAT NOT ALL PERSONS SERVED POSSESS THE ABILITY TO PURCHASE ESSENTIAL SERVICES AND AS A RESULT, APPROXIMATELY 78% OF THE DAYS OF CARE WERE PROVIDED TO MEDICAID RECIPIENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Chair | OfficerTrustee | 1 | $0 |
Name Not Listed Secretary | OfficerTrustee | 1 | $0 |
Name Not Listed Treasurer | OfficerTrustee | 1 | $0 |
Name Not Listed Ex-Officio/executive Director | OfficerTrustee | 50 | $164,853 |
Name Not Listed Director | Trustee | 1 | $0 |
Name Not Listed Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Shiftmed Llc Agency Staffing | 12/30/22 | $596,335 |
Health Wear Of Wny Laundry Services | 12/30/22 | $171,707 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,359,376 |
| All other contributions, gifts, grants, and similar amounts not included above | $8,300 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,367,676 |
| Total Program Service Revenue | $14,143,452 |
| Investment income | $1,225 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$47,591 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $15,534,777 |
| 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. | $189,380 |
| Compensation of current officers, directors, key employees. | $189,380 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $8,019,754 |
| Pension plan accruals and contributions | $236,608 |
| Other employee benefits | $1,277,760 |
| Payroll taxes | $579,774 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $10,198 |
| Fees for services: Accounting | $34,378 |
| Fees for services: Lobbying | $980 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $928,568 |
| Advertising and promotion | $11,919 |
| Office expenses | $34,786 |
| Information technology | $6,987 |
| Royalties | $0 |
| Occupancy | $440,923 |
| Travel | $9,951 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $699,580 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $781,041 |
| Insurance | $0 |
| All other expenses | $1,264,146 |
| Total functional expenses | $19,769,073 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $449,412 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,470,295 |
| 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 | $11,167 |
| Net Land, buildings, and equipment | $9,850,655 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,060,211 |
| Total assets | $14,841,740 |
| Accounts payable and accrued expenses | $1,323,642 |
| 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 | $22,107,824 |
| Total liabilities | $23,431,466 |
| Net assets without donor restrictions | -$8,770,911 |
| Net assets with donor restrictions | $181,185 |
| 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 | $14,841,740 |