Sylvania Franciscan Health
- Assets
- $57.0m
- Revenue
- $4.0m
- Investments
- $53.2m
- Employees
- 0
- Location
- Englewood, CO
- Founding
- 03/1946
- Data as of
- 06/2021
- EIN
- 34-1412964
Organization Overview
Sylvania Franciscan Health is located in Englewood, CO. The organization was established in 1946. According to its NTEE Classification (E03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Health Care and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Sylvania Franciscan Health 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, Sylvania Franciscan Health generated $4.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (17.2%) each year. All expenses for the organization totaled $170.4k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (38.0%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
AS AN AFFILIATE OF COMMONSPIRIT HEALTH, WE MAKE THE HEALING PRESENCE OF GOD KNOWN IN OUR WORLD BY IMPROVING THE HEALTH OF THE PEOPLE WE SERVE, ESPECIALLY THOSE WHO ARE VULNERABLE, WHILE WE ADVANCE SOCIAL JUSTICE FOR ALL.
Describe the Organization's Program Activity:
SYLVANIA FRANCISCAN HEALTH PROVIDES MANAGEMENT SUPPORT TO ITS AFFILIATED ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul Edgett III Partial Year Vice Chair | OfficerTrustee | 1 | $0 |
Larry Schumacher President, Chair | OfficerTrustee | 1 | $0 |
Aaron Webb Vice Chair | OfficerTrustee | 1 | $0 |
Sharon Hager Secretary | Officer | 1 | $0 |
Troy Hammett Treasurer | Officer | 1 | $0 |
Mitch Melfi ESQ Trustee | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Shumaker Loop & Kendrick Legal Services | 12/30/14 | $2,764,395 |
Studer Group Employee Engagement/quality | 12/30/14 | $770,516 |
Mcdermott Will & Emery Llp Legal Services | 12/30/14 | $1,165,168 |
Navigant Business Consulting | 12/30/14 | $495,228 |
Ernst & Young Audit Services | 12/30/14 | $489,800 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| 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 | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $645,731 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $3,395,302 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,041,033 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $170,397 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $170,397 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,757,551 |
| 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 | $53,217,614 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,023,826 |
| Total assets | $56,998,991 |
| 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 | $128,731,053 |
| Total liabilities | $128,731,053 |
| Net assets without donor restrictions | -$71,732,062 |
| 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 | $56,998,991 |
Grants Awarded
Over the last fiscal year, Sylvania Franciscan Health has awarded $3,876,773 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
Sylvania, OH PURPOSE: TO FUND CAPITAL IMPROVEMENTS AND PROVIDE MONTHLY SUBSIDY | $2,686,468 |
Dennison, OH PURPOSE: TO FUND CAPITAL PROJECT AND TRUCK PURCHASETO FUND CAPITAL PROJECT AND TRUCK PURCHASE | $544,220 |
Perrysburg, OH PURPOSE: TO REIMBURSE THE PURCHASE OF CAPITAL EQUIPMENT | $367,780 |
Toledo, OH PURPOSE: TO FUND CAPITAL IMPROVEMENTS | $200,000 |
Sylvania, OH PURPOSE: TO FUND EQUIPMENT NEEDS AND FORGIVE LOAN | $50,622 |
Bellville, TX PURPOSE: TO FUND SPRINKLER SYSTEM PROJECT | $22,683 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Sylvania Franciscan Health has recieved totaling $15,000.
| Awarding Organization | Amount |
|---|---|
Columbus Foundation Columbus, OH PURPOSE: HEALTH | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Physician Network Lincoln, NE | $104,536,502 | $64,680,019 |
American Academy Of Family Physicians Leawood, KS | $105,697,691 | $86,228,373 |
Association Of Operating Room Nurses Inc Denver, CO | $38,056,057 | $33,379,294 |
American Society Of Radiologic Technologists Albuquerque, NM | $88,784,741 | $27,111,728 |
Cns Professional Services West Valley City, UT | $2,363,153 | $16,959,707 |
Colorado Hospital Association Greenwood Village, CO | $13,190,689 | $7,968,558 |
American College Of Clinical Pharmacy Lenexa, KS | $17,709,433 | $7,095,671 |
Oklahoma Hospital Association Inc Oklahoma City, OK | $5,881,372 | $5,374,823 |
American Academy Of Family Physicians Leawood, KS | $30,784,453 | $4,820,829 |
Oklahoma State Medical Association Oklahoma City, OK | $139,825,404 | $10,140,450 |
Nebraska Hospital Association Lincoln, NE | $9,867,444 | $3,336,671 |
Medical Affairs Professional Society Golden, CO | $389,928 | $2,256,940 |