Saint Joseph Regional Medical Center Inc
- Assets
- $310.7m
- Revenue
- $105.1m
- Investments
- $2.7m
- Employees
- 3,592
- Location
- Mishawaka, IN
- Founding
- 03/1946
- Data as of
- 06/2021
- EIN
- 35-1568821
Organization Overview
Saint Joseph Regional Medical Center Inc, operating under the name (see Schedule O For List), is located in Mishawaka, IN. The organization was established in 1946. According to its NTEE Classification (E21) the organization is classified as: Community Health Systems, under the broad grouping of Health Care and related organizations. As of 06/2021, (see Schedule O For List) employed 3,592 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. (see Schedule O For List) 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, (see Schedule O For List) generated $105.1m 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 (3.8%) each year. All expenses for the organization totaled $140.4m during the year ending 06/2021. 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
TO PROVIDE HEALTH CARE SYSTEM MANAGEMENT AND SUPPORT
Describe the Organization's Program Activity:
SJRMC IS A NOT-FOR-PROFIT, MULTI-HOSPITAL HEALTH SYSTEM LOCATED IN NORTH CENTRAL INDIANA IN MISHAWAKA, INDIANA. SJRMC IS THE PARENT OF SAINT JOSEPH REGIONAL MEDICAL CENTER-SOUTH BEND CAMPUS (A 254-BED ACUTE CARE HOSPITAL AT THE MISHAWAKA CAMPUS), SAINT JOSEPH REGIONAL MEDICAL CENTER-PLYMOUTH CAMPUS (A 45-BED ACUTE CARE HOSPITAL), AND THE FOUNDATION OF SAINT JOSEPH REGIONAL MEDICAL CENTER. SJRMC GOVERNS, MANAGES AND PROVIDES LONG-RANGE PLANNING, FINANCIAL, LEGAL, AND OTHER EXPERTISE AND SUPPORT SERVICES TO THESE AFFILIATES.SJRMC ALSO OWNS AND OPERATES SAINT JOSEPH PHYSICIAN NETWORK, A NETWORK OF 44 PHYSICIAN PRACTICE SITES. THE NETWORK INCLUDES MORE THAN 96 PRIMARY CARE PHYSICIANS AND SPECIALISTS. ALL OF THE DOCTORS ARE CONNECTED TO THE ENTIRE HEALTH SYSTEM, MAKING IT EASY TO COORDINATE CARE. IN FY21, THE PHYSICIAN NETWORK HAD 225,237 OUTPATIENT VISITS FROM PATIENTS.PLEASE VISIT OUR WEBSITE FOR ADDITIONAL INFORMATION: HTTP://WWW.SJMED.COM
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sachin Rajendra Patel MD Physician | 50 | $1,000,900 | |
Ashfaq Ahmed Turk MD Physician | 50 | $946,170 | |
Anand Singla MD Physician | 50 | $897,046 | |
Zachary Leshen MD Physician | 50 | $756,012 | |
Eric Knapp DO Physician | 48 | $670,210 | |
Robert Sink Int CFO Thr 3/21; CFO Sjhs At 4/21 | Officer | 28 | $173,666 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Cardiac Surgery Assoc Sc Staffing Services | 6/29/21 | $2,164,692 |
Comphealth Staffing Services | 6/29/21 | $830,701 |
Michiana Health Information Network Pco Medical Information Services | 6/29/21 | $2,067,149 |
Weatherby Locums Inc Staffing Services | 6/29/21 | $2,162,299 |
Tod Stillson Md Pc Health Information Services | 6/29/21 | $713,083 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $191,200 |
| 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 | $191,200 |
| Total Program Service Revenue | $97,001,053 |
| Investment income | $345,300 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $758,264 |
| Net Gain/Loss on Asset Sales | $590,255 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $105,118,984 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $100 |
| 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. | $1,951,884 |
| Compensation of current officers, directors, key employees. | $1,834,108 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $56,361,849 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $4,886,014 |
| Payroll taxes | $4,292,836 |
| Fees for services: Management | $50,910 |
| Fees for services: Legal | $138,999 |
| Fees for services: Accounting | $309,437 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $19,476 |
| Fees for services: Other | $11,733,194 |
| Advertising and promotion | $1,292,017 |
| Office expenses | $3,976,064 |
| Information technology | $19,309,216 |
| Royalties | $0 |
| Occupancy | $4,266,797 |
| Travel | $72,572 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $48,826 |
| Interest | $1,205 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,949,780 |
| Insurance | $399,881 |
| All other expenses | $2,689,333 |
| Total functional expenses | $140,440,550 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $319,598 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,463,674 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $662,900 |
| Inventories for sale or use | $29,936 |
| Prepaid expenses and deferred charges | $670,274 |
| Net Land, buildings, and equipment | $21,145,644 |
| Investments—publicly traded securities | $11,041,405 |
| Investments—other securities | $2,746,997 |
| Investments—program-related | $0 |
| Intangible assets | $714,855 |
| Other assets | $268,900,748 |
| Total assets | $310,696,031 |
| Accounts payable and accrued expenses | $14,488,888 |
| Grants payable | $0 |
| Deferred revenue | $216,795 |
| 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 | $73,234 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $340,729,813 |
| Total liabilities | $355,508,730 |
| Net assets without donor restrictions | -$44,810,200 |
| Net assets with donor restrictions | -$2,499 |
| 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 | $310,696,031 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Saint Joseph Regional Medical Center Inc has recieved totaling $150,500.
| Awarding Organization | Amount |
|---|---|
First Source Foundation C/O 1st Source Bank 100 N Michigan St South Bend, IN PURPOSE: SUPPORT | $150,000 |
Sylvester And Tessie Kaminski Foundation South Bend, IN PURPOSE: SISTER MAURA CHAPIN CENTER | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ssm Health Care Corporation St Louis, MO | $4,485,127,106 | $1,033,534,741 |
Parkview Health System Inc Fort Wayne, IN | $2,712,217,032 | $933,221,094 |
Gundersen Lutheran Administrative Services Inc La Crosse, WI | $1,235,621,372 | $953,342,080 |
Bjc Health System St Louis, MO | $5,456,592,622 | $1,155,105,032 |
Aurora Health Care Inc Milwaukee, WI | $4,608,404,718 | $666,695,867 |
Appalachian Regional Healthcare Inc Lexington, KY | $1,267,201,787 | $817,287,479 |
Inclusa Inc Stevens Point, WI | $163,276,844 | $696,118,730 |
Froedtert & Community Health Inc Milwaukee, WI | $2,857,726,016 | $675,461,810 |
Owensboro Health Regional Hospital Owensboro, KY | $1,685,340,581 | $709,904,993 |
Alexian Brothers Health System St Louis, MO | $397,387,025 | $531,298,685 |
Indiana University Health Arnett Inc Indianapolis, IN | $319,820,511 | $504,048,288 |
The Carle Foundation Urbana, IL | $3,268,207,661 | $555,725,730 |