St Ignatius Nursing Home
- Assets
- $10.9m
- Revenue
- $13.6m
- Investments
- $0.0
- Employees
- 186
- Location
- Philadelphia, PA
- Founding
- 03/1946
- Data as of
- 06/2022
- EIN
- 25-1217875
Organization Overview
St Ignatius Nursing Home is located in Philadelphia, PA. 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 06/2022, St Ignatius Nursing Home employed 186 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. St Ignatius Nursing Home 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 06/2022, St Ignatius Nursing Home generated $13.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.9%) each year. All expenses for the organization totaled $12.3m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (6.2%) per year over the past 7 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
ST. IGNATIUS'S MISSION IS TO SERVE THE POOR USING ITS CORE VALUES OF DIGNITY OF PERSON, COMPASSION THROUGH EXCELLENCE, COMMUNITY THROUGH TRANSFORMATION, STEWARDSHIP THROUGH PEACE & JUSTICE, AND CONCERN FOR THE POOR.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ST. IGNATIUS CONTINUES TO BE A TEACHING NURSING HOME WITH VARIOUS EDUCATIONAL SERVICES BEING OFFERED. IN PARTNERSHIP WITH PHILADELPHIA COLLEGE OF OSTEOPATHIC MEDICINE, THE HOME IS A TRAINING SITE FOR PHYSICIAN ASSISTANTS. ST. IGNATIUS IS A SERVICE LEARNING SITE FOR ST. JOSEPH UNIVERSITY STUDENTS WHO VOLUNTEER FOR THE SEMESTER. MERCY VOCATIONAL HIGH SCHOOL TRAINS CNA'S AND USES ST. IGNATIUS AS A CLINICAL SITE FOR TRAINING AS WELL AS FOR A PAID INTERNSHIP PROGRAM. AS YOU CAN SEE, ST. IGNATIUS IS INVOLVED WITH MANY INITIATIVES TO PROVIDE QUALITY CARE AND FULFILL OUR MISSION AND COMMITMENT TO OUR CORE VALUES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patricia Talone Chairman | OfficerTrustee | 1 | $0 |
Scot Weirich Secretary/treasurer | OfficerTrustee | 40 | $92,082 |
Sister Noel Marie Gabriel Member | Trustee | 1 | $0 |
Sister Mary Bridget Becker Member | Trustee | 1 | $0 |
David J Ward Member | Trustee | 1 | $0 |
Msgr Federico Britto Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Functional Pathways Of Tn Llc Nursing Contract Labor | 6/29/22 | $1,457,937 |
Healthcare Services Group Inc Housekeeping & Laundry Contract Labor | 6/29/22 | $1,445,372 |
The Carmelite System Inc Management Services | 6/29/22 | $857,735 |
Connectrn Inc Nursing Contract Labor | 6/29/22 | $487,261 |
Prn Staffing Inc Nursing Contract Labor | 6/29/22 | $464,457 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,714,629 |
| All other contributions, gifts, grants, and similar amounts not included above | $338,690 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,053,319 |
| Total Program Service Revenue | $10,468,861 |
| Investment income | $42,114 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $11,896 |
| Net Gain/Loss on Asset Sales | $31,058 |
| Net Income from Fundraising Events | -$38,577 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $13,597,168 |
| 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. | $294,575 |
| Compensation of current officers, directors, key employees. | $274,912 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,676,813 |
| Pension plan accruals and contributions | $154,315 |
| Other employee benefits | $478,865 |
| Payroll taxes | $446,488 |
| Fees for services: Management | $279,125 |
| Fees for services: Legal | $67,884 |
| Fees for services: Accounting | $38,220 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $15,494 |
| Fees for services: Other | $3,857,329 |
| Advertising and promotion | $83,629 |
| Office expenses | $29,817 |
| Information technology | $18,775 |
| Royalties | $0 |
| Occupancy | $269,150 |
| Travel | $7,159 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,587 |
| Interest | $1,395 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $213,653 |
| Insurance | $236,551 |
| All other expenses | $87,835 |
| Total functional expenses | $12,330,522 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,342,490 |
| Savings and temporary cash investments | $2,231,509 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $739,285 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $9,394 |
| Prepaid expenses and deferred charges | $460,396 |
| Net Land, buildings, and equipment | $2,512,014 |
| Investments—publicly traded securities | $2,768,379 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $886,026 |
| Total assets | $10,949,493 |
| Accounts payable and accrued expenses | $1,416,640 |
| 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 | $566,729 |
| Total liabilities | $1,983,369 |
| Net assets without donor restrictions | $8,187,496 |
| Net assets with donor restrictions | $778,628 |
| 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 | $10,949,493 |