Central Indiana Health System Cardiac Services Inc
- Assets
- $662.9m
- Revenue
- $148.3m
- Investments
- $0.0
- Employees
- 517
- Location
- St Louis, MO
- Founding
- 07/1993
- Data as of
- 06/2021
- EIN
- 35-1869951
Organization Overview
Central Indiana Health System Cardiac Services Inc, operating under the name Ascension St Vincent Cardiac Services, is located in St Louis, MO. The organization was established in 1993. According to its NTEE Classification (G43) the organization is classified as: Heart & Circulatory System Diseases & Disorders, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. As of 06/2021, Ascension St Vincent Cardiac Services employed 517 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ascension St Vincent Cardiac Services 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, Ascension St Vincent Cardiac Services generated $148.3m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 10.6% each year . All expenses for the organization totaled $50.5m during the year ending 06/2021. While expenses have increased by 0.6% per year over the past 6 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
2021
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
CENTRAL INDIANA HEALTH SYSTEM CARDIAC SERVICES, INC. OWNS A 69.74% INTEREST IN ST. VINCENT HEART CENTER OF INDIANA, LLC. ST. VINCENT HEART CENTER OF INDIANA, LLC. IS A 80-BED HOSPITAL CAMPUS PROVIDING SERVICES WITHOUT REGARD TO PATIENT RACE, CREED, NATIONAL ORIGIN, ECONOMIC STATUS, OR ABILITY TO PAY. DURING FISCAL YEAR 2021, CENTRAL INDIANA HEALTH SYSTEM CARDIAC SERVICES, INC. TREATED 3,935 ADULTS AND CHILDREN FOR A TOTAL OF 19,588 PATIENT DAYS OF SERVICE. THE HOSPITAL ALSO PROVIDED SERVICES FOR 14,496 OUTPATIENT VISITS, WHICH INCLUDED 55 OUTPATIENT SURGERIES AND 2,761 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 FY21.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Former Officer (end 12/2015) | 0 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Mid America Clinical Laboratories Lab Services | 6/29/21 | $1,643,456 |
Northwest Radiology Network Pc Imaging Services | 6/29/21 | $148,839 |
Fresenius Management Services Commercial Services | 6/29/21 | $309,173 |
United Hospital Services Llc Linen Services | 6/29/21 | $220,481 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $7,585 |
| Government grants | $2,201,584 |
| 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 | $2,209,169 |
| Total Program Service Revenue | $106,755,879 |
| Investment income | $38,700,874 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $674,892 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $148,340,814 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $25,050 |
| 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. | $375,832 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $27,076,171 |
| Pension plan accruals and contributions | $1,107,787 |
| Other employee benefits | $4,794,055 |
| Payroll taxes | $1,805,525 |
| Fees for services: Management | $3,130,586 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $1,734 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $632,999 |
| Advertising and promotion | $0 |
| Office expenses | $5,339 |
| Information technology | $62 |
| Royalties | $0 |
| Occupancy | $124,862 |
| Travel | $2,216 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,674 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,520,347 |
| Insurance | $0 |
| All other expenses | $90,454 |
| Total functional expenses | $50,460,950 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,700 |
| Savings and temporary cash investments | $71,819,040 |
| Pledges and grants receivable | $859,462 |
| Accounts receivable, net | $33,772,958 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $2,328,132 |
| Prepaid expenses and deferred charges | $49,506 |
| Net Land, buildings, and equipment | $24,027,746 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $1,000,000 |
| Intangible assets | $48,321,351 |
| Other assets | $480,724,037 |
| Total assets | $662,903,932 |
| Accounts payable and accrued expenses | $8,982,111 |
| 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 | $48,900,969 |
| Total liabilities | $57,883,080 |
| Net assets without donor restrictions | $605,020,852 |
| 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 | $662,903,932 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Central Indiana Health System Cardiac Services Inc has recieved totaling $53,786.
| Awarding Organization | Amount |
|---|---|
St Vincent Hospital Foundation Inc St Louis, MO PURPOSE: GENERAL SUPPORT | $26,893 |
St Vincent Hospital Foundation Inc St Louis, MO PURPOSE: GENERAL SUPPORT | $26,893 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Central Indiana Health System Cardiac Services Inc St Louis, MO | $662,903,932 | $148,340,814 |
Precious Blood Ministry Of Reconciliation Nfp Chicago, IL | $2,653,871 | $3,315,308 |
American Association Of Cardiovascular & Pulmonary Rehab Chicago, IL | $2,723,181 | $2,408,616 |
Society For Vascular Surgery Foundation Rosemont, IL | $7,866,666 | $1,036,483 |
Associated Builders & Contractors Kansas City, MO | $1,471,289 | $917,710 |
Cardiovascular Outcomes Inc Weston, MO | $3,996,144 | $97,309 |
Mighty Oakes Heart Foundation Saint Louis, MO | $962,705 | $390,322 |
Sacred Heart Foundation Incorporated Sedalia, MO | $3,332,035 | $553,579 |
Society For Vascular Medicine East Dundee, IL | $1,247,958 | $736,661 |
Vascular Access Society Of The Americas Inc Frankfort, KY | $250,997 | $370,099 |
North American Society For Cardiac Imaging East Dundee, IL | $254,571 | $372,304 |
Heartland Ministries Inc Hardin, KY | $438,233 | $323,981 |