Bon Secours - St Francis Medical Center Inc Center Inc
- Assets
- $0.0
- Revenue
- $100.9m
- Investments
- $0.0
- Employees
- 1,671
- Location
- Richmond, VA
- Founding
- 10/2000
- Data as of
- 12/2019
- EIN
- 31-1716973
Organization Overview
Bon Secours - St Francis Medical Center Inc Center Inc is located in Richmond, VA. The organization was established in 2000. 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 12/2019, Bon Secours - St Francis Medical Center Inc Center Inc employed 1,671 individuals. Bon Secours - St Francis Medical Center Inc Center 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 12/2019, Bon Secours - St Francis Medical Center Inc Center Inc generated $100.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (18.5%) each year. All expenses for the organization totaled $94.3m during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (18.7%) per year over the past 5 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
2019
Describe the Organization's Mission:
Part 3 - Line 1
ACUTE CARE HOSPITAL
Describe the Organization's Program Activity:
Part 3 - Line 4a
BON SECOURS - ST. FRANCIS MEDICAL CENTER, INC. PROVIDES PATIENT SERVICE IN ORDER TO BRING COMPASSION TO HEALTHCARE AND TO BE GOOD HELP TO THOSE IN NEED BY PROVIDING HEALTHCARE SERVICES. PLEASE REFER TO THE COMMUNITY BENEFIT INFORMATION ON SCHEDULE H. THE VIRGINIA COMMONWEALTH UNIVERSITY (VCU) AFFILIATED BON SECOURS ST. FRANCIS FAMILY MEDICINE OPENED ITS DOORS IN AUGUST 2005 AND IS FULLY ACCREDITED BY THE ACCREDITATION COUNCIL FOR GRADUATE MEDICAL EDUCATION. BON SECOURS HAS BUILT A PROGRAM THAT CREATES FAMILY PHYSICIANS AND SERVES WESTERN CHESTERFIELD COUNTY AND SURROUNDING AREAS IN SUBURBAN RICHMOND, VIRGINIA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Former Interim CEO - Sfmc | 0 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Trimedx Inc Asset Management | 12/30/19 | $4,007,653 |
Morrison Healthcare Dietary Services | 12/30/19 | $3,180,188 |
Us Bank Corporate Trust (Shiftwise) Contract Nursing | 12/30/19 | $2,766,121 |
Sound Physicians Of Va Iii Physician Advisory | 12/30/19 | $1,877,895 |
Hr St Francis Mob I Spe Llc Facilities Management | 12/30/19 | $2,426,797 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $49,076 |
| Government grants | $1,450 |
| 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 | $50,526 |
| Total Program Service Revenue | $99,799,658 |
| Investment income | $95,334 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $72,732 |
| Net Gain/Loss on Asset Sales | $35,000 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $100,867,544 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $15,728 |
| Grants and other assistance to domestic individuals. | $5,196 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $211,116 |
| Compensation of current officers, directors, key employees. | $21,112 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $28,175,051 |
| Pension plan accruals and contributions | $1,354,548 |
| Other employee benefits | $3,627,766 |
| Payroll taxes | $2,059,170 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,225 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $4,288 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $28,757,817 |
| Advertising and promotion | $359 |
| Office expenses | $58,229 |
| Information technology | $66,066 |
| Royalties | $0 |
| Occupancy | $3,135,080 |
| Travel | $132,974 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $22,800 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,860,444 |
| Insurance | $481,180 |
| All other expenses | $1,392,584 |
| Total functional expenses | $94,308,252 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| 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 | $0 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Bon Secours - St Francis Medical Center Inc Center Inc has recieved totaling $139,826.
| Awarding Organization | Amount |
|---|---|
Bon Secours Richmond Healthcare Foundation Foundation Richmond, VA PURPOSE: Mission Support | $49,076 |
Johns Hopkins University Baltimore, MD PURPOSE: SUB-AWARD | $30,250 |
Johns Hopkins University Baltimore, MD PURPOSE: SUB-AWARD | $30,250 |
Johns Hopkins University Baltimore, MD PURPOSE: SUB-AWARD | $30,250 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
First Health Of The Carolinas Inc Pinehurst, NC | $1,544,188,654 | $986,400,718 |
Sinai Hospital Of Baltimore Inc Baltimore, MD | $642,141,254 | $936,777,270 |
Saint Joseph Health System Inc Lexington, KY | $961,743,109 | $864,115,504 |
Mary Washington Healthcare Fredericksburg, VA | $593,675,918 | $863,388,863 |
Uofl Health-Louisville Inc Louisville, KY | $577,142,236 | $950,019,808 |
Mountain States Health Alliance Johnson City, TN | $556,120,495 | $805,201,599 |
Baptist Memorial Hospital Memphis, TN | $691,981,947 | $770,663,628 |
Cabell Huntington Hospital Inc Huntington, WV | $1,087,986,142 | $722,910,695 |
Johns Hopkins Bayview Medical Center Inc Baltimore, MD | $440,914,055 | $670,376,991 |
Franklin Square Hospital Center Inc Baltimore, MD | $352,871,142 | $621,968,540 |
Ashland Hospital Corporation Ashland, KY | $776,253,929 | $734,768,924 |
University Medical Center Inc Louisville, KY | $770,505,785 | $636,566,362 |