St Catherine Hospital Inc
- Assets
- $62.1m
- Revenue
- $170.5m
- Investments
- $0.0
- Employees
- 1,622
- Location
- East Chicago, IN
- Founding
- 08/2001
- Data as of
- 06/2020
- EIN
- 35-1738708
Organization Overview
St Catherine Hospital Inc is located in East Chicago, IN. The organization was established in 2001. 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 06/2021, St Catherine Hospital Inc employed 1,622 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. St Catherine Hospital 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 06/2020, St Catherine Hospital Inc generated $170.5m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.8%) each year. All expenses for the organization totaled $159.7m during the year ending 06/2020. As we would expect to see with falling revenues, expenses have declined by (3.7%) per year over the past 6 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
ST. CATHERINE HOSPITAL, INC. IS COMMITTED TO PROVIDING THE HIGHEST QUALITY CARE IN THE MOST COST-EFFICIENT MANNER, RESPECTING THE DIGNITY OF THE INDIVIDUAL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ST. CATHERINE HOSPITAL, INC. IS A 197 BED ACUTE CARE HOSPITAL THAT OFFERS A BROAD RANGE OF SERVICES TO CARE FOR ITS PATIENTS WITHOUT REGARD TO THEIR ABILITY TO PAY. ST. CATHERINE HOSPITAL, INC. PROVIDES LEADING-EDGE CARE TO PATIENTS IN NORTHWEST INDIANA. THROUGH ITS DEDICATION TO QUALITY AND INNOVATION, ST. CATHERINE HOSPITAL, INC. HAS EARNED A MULTITUDE OF ACCREDITATIONS, AWARDS, AND CERTIFICATIONS IN ITS PURSUIT OF IMPROVING THE HEALTH OF ITS PATIENTS AND COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Leo Correa Administrator | OfficerTrustee | 40 | $500,075 |
Asim Mohiuddin DO Anesthesiologist | 40 | $453,675 | |
Paul Hertz MD Anesthesiologist | 40 | $397,324 | |
Daniel Saah MD Anesthesiologist | 40 | $385,080 | |
Subhash Joshi MD Anesthesiologist | 40 | $362,775 | |
Steven Lazaroff Crna | 40 | $246,024 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Cooperative Managed Care Services Claims Processing | 6/29/15 | $1,235,965 |
Emcor Hyre Electric Company Construction | 6/29/15 | $1,148,339 |
Rehab Care Group Inc Rehab Care Services | 6/29/15 | $2,209,357 |
Securitas Security Services Usa Security | 6/29/15 | $1,014,070 |
Gariup Construction Company Construction | 6/29/15 | $834,258 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,028,835 |
| Investment income | $120,752 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $694,914 |
| Net Gain/Loss on Asset Sales | $23,440 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $170,495,876 |
| Statement of Expenses | |
|---|---|
| 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. | $1,080,360 |
| Compensation to disqualified persons | $154,047 |
| Other salaries and wages | $54,045,341 |
| Pension plan accruals and contributions | $1,714,313 |
| Other employee benefits | $7,492,790 |
| Payroll taxes | $4,115,964 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $386,915 |
| 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 | $5,716,093 |
| Advertising and promotion | $422,957 |
| Office expenses | $3,356,366 |
| Information technology | $1,406,947 |
| Royalties | $0 |
| Occupancy | $1,801,305 |
| Travel | $37,535 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $106,596 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,936,714 |
| Insurance | $1,160,333 |
| All other expenses | $0 |
| Total functional expenses | $159,740,183 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,900 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $15,577,914 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $6,619,066 |
| Prepaid expenses and deferred charges | $509,703 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,151,583 |
| Total assets | $62,069,731 |
| Accounts payable and accrued expenses | $17,800,730 |
| Grants payable | $0 |
| Deferred revenue | $7,825,476 |
| 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 | $42,484,770 |
| Total liabilities | $68,110,976 |
| 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 |
| Total liabilities and net assets/fund balances | -$6,041,245 |
Grants Awarded
Over the last fiscal year, St Catherine Hospital Inc has awarded $2,191,740 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
East Chicago, IN PURPOSE: contribution | $1,089,920 |
East Chicago, IN PURPOSE: contribution | $1,089,920 |
Hammond, IN PURPOSE: SPONSORSHIP | $5,950 |
Hammond, IN PURPOSE: SPONSORSHIP | $5,950 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that St Catherine Hospital Inc has recieved totaling $595,000.
| Awarding Organization | Amount |
|---|---|
Fulk Family Foundation Inc Chicago, IL PURPOSE: ROBOTIC SURGICAL SYSTEM | $470,000 |
Fulk Family Foundation Inc Chicago, IL PURPOSE: STRYKER WHEEL CHAIR | $125,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
St Lukes Hospital Of Kansas City Kansas City, MO | $1,771,100,748 | $1,070,641,998 |
Saint Thomas West Hospital St Louis, MO | $949,679,305 | $1,081,181,844 |
Mercy Hospital Springfield Springfield, MO | $547,925,906 | $1,115,699,805 |
Deaconess Hospital Inc Evansville, IN | $1,921,220,397 | $1,102,144,618 |
Ascension St John Hospital St Louis, MO | $469,518,860 | $965,978,781 |
Advocate North Side Health Network Downers Grove, IL | $946,824,836 | $901,672,521 |
The Carle Foundation Hospital Urbana, IL | $465,988,906 | $1,085,020,210 |
Ssm Healthcare Of Oklahoma Inc St Louis, MO | $640,999,933 | $906,998,301 |
Saint Joseph Health System Inc Lexington, KY | $961,743,109 | $864,115,504 |
Uofl Health-Louisville Inc Louisville, KY | $577,142,236 | $950,019,808 |
Ascension Providence Hospital St Louis, MO | $465,661,519 | $850,694,127 |
Truman Medical Center Incorporated Kansas City, MO | $489,587,316 | $736,606,337 |