Chi St Vincent Medical Group Hot Springs
- Assets
- $30.3m
- Revenue
- $78.9m
- Investments
- $0.0
- Employees
- 635
- Location
- Hot Springs, AR
- Founding
- 04/2013
- Data as of
- 06/2021
- EIN
- 26-1125131
Organization Overview
Chi St Vincent Medical Group Hot Springs is located in Hot Springs, AR. The organization was established in 2013. According to its NTEE Classification (E30) the organization is classified as: Ambulatory & Primary Health Care, under the broad grouping of Health Care and related organizations. As of 06/2021, Chi St Vincent Medical Group Hot Springs employed 635 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chi St Vincent Medical Group Hot Springs 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, Chi St Vincent Medical Group Hot Springs generated $78.9m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.4% each year. All expenses for the organization totaled $98.5m during the year ending 06/2021. While expenses have increased by 1.8% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
AS THE SISTERS OF MERCY BEFORE US, WE BRING TO LIFE THE HEALING MINISTRY OF JESUS THROUGH OUR COMPASSIONATE CARE AND EXCEPTIONAL SERVICE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHI ST VINCENT MEDICAL GROUP HOT SPRINGS PROVIDES QUALITY CARE REGARDLESS OF RACE, CREED, SEX, NATIONAL ORIGIN, HANDICAP, AGE, OR ABILITY TO PAY. DURING FYE 6/30/2021, THE ORGANIZATION PROVIDED SERVICES TO 419,119 PATIENTS IN OFFICE VISITS, 7,068 SURGICAL PATIENTS, AND 12,780 HOSPITAL ADMITTED PATIENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christopher Young MD Physician | 60 | $1,339,613 | |
Syed Mustafa MD Physician | 60 | $1,166,280 | |
Justin Dowdy MD Neurosurgeon | 60 | $1,112,997 | |
Seth Hollenbach MD Physician / Board Member | Trustee | 60 | $923,818 |
Oyidie Igbokidi MD Physician | 60 | $903,955 | |
Srinivas Vengala MD Physician | 60 | $864,599 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ortho Clinical Diagnostics Inc Diagnostics | 6/29/21 | $539,366 |
Engagemed Inc Consulting Services | 6/29/21 | $3,398,153 |
Central Arkansas Neurology Svc Medical Services | 6/29/21 | $256,944 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $9,875 |
| Government grants | $53,901 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $63,776 |
| Total Program Service Revenue | $78,671,957 |
| Investment income | $38,599 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $29,640 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $78,876,296 |
| 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. | $6,160,042 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $857,919 |
| Other salaries and wages | $55,915,842 |
| Pension plan accruals and contributions | $2,181,122 |
| Other employee benefits | $4,537,824 |
| Payroll taxes | $2,975,141 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $35,050 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $8,474,118 |
| Advertising and promotion | $0 |
| Office expenses | $1,280,865 |
| Information technology | $1,312,550 |
| Royalties | $0 |
| Occupancy | $4,135,347 |
| Travel | $44,964 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,335 |
| Interest | $0 |
| Payments to affiliates | $2,382,759 |
| Depreciation, depletion, and amortization | $1,106,760 |
| Insurance | $459,391 |
| All other expenses | $128,195 |
| Total functional expenses | $98,519,535 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,751 |
| Savings and temporary cash investments | $21,975,736 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,639,016 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $610,263 |
| Prepaid expenses and deferred charges | $91,524 |
| Net Land, buildings, and equipment | $1,106,064 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,871,254 |
| Total assets | $30,299,608 |
| Accounts payable and accrued expenses | $6,681,945 |
| Grants payable | $0 |
| Deferred revenue | $448,384 |
| 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 | $122,586,850 |
| Total liabilities | $129,717,179 |
| Net assets without donor restrictions | -$99,417,571 |
| Net assets with donor restrictions | $0 |
| 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 | $30,299,608 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Chi St Vincent Medical Group Hot Springs has recieved totaling $50,000.
| Awarding Organization | Amount |
|---|---|
C Louis And Mary C Cabe Foundation Gurdon, AR PURPOSE: FURTHERANCE OF EXEMPT PURPOSE | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Scott & White Clinic Dallas, TX | $177,643,392 | $977,412,932 |
Dialysis Clinic Inc Nashville, TN | $782,995,317 | $765,633,140 |
Texas Childrens Physician Group Houston, TX | $160,365,367 | $546,007,329 |
Memorial Hermann Medical Group Houston, TX | $134,557,707 | $263,043,780 |
Shannon Clinic San Angelo, TX | $41,105,861 | $191,624,814 |
Seton Family Of Doctors St Louis, MO | $99,052,734 | $123,594,101 |
Mercy Clinic Oklahoma Communities Oklahoma City, OK | $24,963,921 | $159,524,064 |
Legacy Community Health Services Inc Houston, TX | $82,992,365 | $226,045,440 |
St Vincents Ambulatory Care Inc St Louis, MO | $35,187,009 | $112,245,331 |
Barrio Comprehensive Family Health Care Center Inc San Antonio, TX | $98,268,847 | $200,131,439 |
Medhealth Dallas, TX | $39,197,902 | $118,800,257 |
First Choice Physician Partners Dallas, TX | $62,382,760 | $170,618,554 |