Ascension Via Christi Hospital St Teresa Inc
- Assets
- $63.1m
- Revenue
- $52.0m
- Investments
- $0.0
- Employees
- 255
- Location
- St Louis, MO
- Founding
- 03/1946
- Data as of
- 06/2022
- EIN
- 27-1965272
Organization Overview
Ascension Via Christi Hospital St Teresa Inc 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 06/2022, Ascension Via Christi Hospital St Teresa Inc employed 255 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Ascension Via Christi Hospital St Teresa Inc 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, Ascension Via Christi Hospital St Teresa Inc generated $52.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.6% each year. All expenses for the organization totaled $42.4m during the year ending 06/2022. While expenses have increased by 2.4% 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.
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
ASCENSION VIA CHRISTI HOSPITAL ST. TERESA, INC., (AVCH-ST) DEVELOPS PROGRAMS AND ACTIVITIES THAT IMPROVE ACCESS TO HEALTH CARE AND IMPROVES HEALTH IN THE COMMUNITIES SERVED. AS A PART OF ASCENSION VIA CHRISTI HEALTH, A CATHOLIC HEALTH SYSTEM, WE SHARE THE MISSION OF "ROOTED IN THE LOVING MINISTRY OF JESUS AS HEALER, WE COMMIT OURSELVES TO SERVING ALL PERSONS WITH SPECIAL ATTENTION TO THOSE WHO ARE POOR AND VULNERABLE. OUR CATHOLIC HEALTH MINISTRY IS DEDICATED TO SPIRITUALLY CENTERED, HOLISTIC CARE WHICH SUSTAINS AND IMPROVES THE HEALTH OF INDIVIDUALS AND COMMUNITIES. WE ARE ADVOCATES FOR A COMPASSIONATE AND JUST SOCIETY THROUGH OUR ACTIONS AND OUR WORDS." VIA CHRISTI HEALTH'S HISTORY EXTENDS BACK OVER 100 YEARS AND TODAY, ALONG WITH OUR SPONSORING ORGANIZATION, ASCENSION HEALTH, WE CONTINUE TO RESPOND TO COMMUNITY NEEDS IN KANSAS. THE OBLIGATION TO REACH OUT TO THOSE IN NEED AND IMPROVE COMMUNITY HEALTH FLOWS DIRECTLY FROM OUR IDENTITY AS A FAITH-BASED HEALING MINISTRY. AS A MISSION-DRIVEN ORGANIZATION, WE PROVIDE COMMUNITY BENEFIT BECAUSE WE ARE COMMITTED TO OUR CORE VALUES OF: 1) SERVICE OF THE POOR - GENEROSITY OF SPIRIT, ESPECIALLY FOR PERSONS MOST IN NEED; 2) REVERENCE - RESPECT AND COMPASSION FOR THE DIGNITY AND DIVERSITY OF LIFE; 3) INTEGRITY - INSPIRING TRUST THROUGH PERSONAL LEADERSHIP; 4) WISDOM - INTEGRATING EXCELLENCE AND STEWARDSHIP; 5) CREATIVITY - COURAGEOUS INNOVATION; AND 6) DEDICATION - AFFIRMING THE HOPE AND JOY OF OUR MINISTRY.
ASCENSION VIA CHRISTI HOSPITAL ST. TERESA, INC., IS A 35-BED HOSPITAL CAMPUS PROVIDING SERVICES WITHOUT REGARD TO PATIENT RACE, CREED, NATIONAL ORIGIN, ECONOMIC STATUS, OR ABILITY TO PAY. DURING FISCAL YEAR 2022, ASCENSION VIA CHRISTI HOSPITAL ST. TERESA, INC. TREATED 2,107 ADULTS AND CHILDREN FOR A TOTAL OF 8,486 PATIENT DAYS OF SERVICE. THE HOSPITAL ALSO PROVIDED SERVICES FOR 38,633 OUTPATIENT VISITS, WHICH INCLUDED 1,135 OUTPATIENT SURGERIES AND 17,854 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 FY22.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Ex-Officio/president | OfficerTrustee | 0 | $0 |
Name Not Listed Treasurer | OfficerTrustee | 1 | $0 |
Name Not Listed Secretary | OfficerTrustee | 1 | $0 |
Name Not Listed Chair | OfficerTrustee | 1 | $0 |
Name Not Listed Vice Chair | OfficerTrustee | 1 | $0 |
Name Not Listed Director/medical Staff President | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Hospitalist Medicine Physicians Of Texas Pllc Hospitalist Services | 6/29/22 | $748,052 |
Cep America Kansas Llc Medical Services | 6/29/22 | $634,374 |
Pt Solutions Holdings Llc Medical Services | 6/29/22 | $276,380 |
Surgical Specialists Pa Medical Services | 6/29/22 | $150,900 |
Anesthesia Consulting Services Pa Medical Services | 6/29/22 | $199,575 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $1,000 |
| Government grants | $1,029,214 |
| 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 | $1,030,214 |
| Total Program Service Revenue | $50,750,474 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$518 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $7,331 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $51,951,576 |
| 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. | $516,022 |
| Compensation of current officers, directors, key employees. | $516,022 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $11,591,786 |
| Pension plan accruals and contributions | $402,194 |
| Other employee benefits | $1,502,925 |
| Payroll taxes | $762,838 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $22,350 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $2,121 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,895,953 |
| Advertising and promotion | $0 |
| Office expenses | $28,611 |
| Information technology | $8,746 |
| Royalties | $0 |
| Occupancy | $990,882 |
| Travel | $3,536 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $704 |
| Interest | $35,770 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,840,258 |
| Insurance | $0 |
| All other expenses | $1,345,953 |
| Total functional expenses | $42,378,546 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,300 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,240,538 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $679,655 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $56,231,220 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $24,104 |
| Other assets | $1,972,707 |
| Total assets | $63,149,524 |
| Accounts payable and accrued expenses | $3,675,587 |
| 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 | $5,724,714 |
| Total liabilities | $9,400,301 |
| Net assets without donor restrictions | $53,749,223 |
| 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 | $63,149,524 |