Presence Chicago Hospitals Network
- Assets
- $903.9m
- Revenue
- $1.1b
- Investments
- $0.0
- Employees
- 0
- Location
- St Louis, MO
- Founding
- 03/1943
- Data as of
- 06/2021
- EIN
- 36-2235165
Organization Overview
Presence Chicago Hospitals Network, operating under the name See Schedule O, is located in St Louis, MO. The organization was established in 1943. According to its NTEE Classification (P75) the organization is classified as: Supportive Housing for Older Adults, under the broad grouping of Human Services and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. See Schedule O 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 generated $1.1b in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 28.2% each year . All expenses for the organization totaled $1.1b during the year ending 06/2021. While expenses have increased by 23.2% per year over the past 7 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.
Since 2017, See Schedule O has awarded 12 individual grants totaling $3,706,014. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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
PRESENCE CHICAGO HOSPITALS NETWORK OPERATES 5 ACUTE CARE HOSPITALS AND 1 LONG TERM ACUTE CARE HOSPITAL. PRESENCE RESURRECTION MEDICAL CENTER IS A 320-BED HOSPITAL CAMPUS PROVIDING SERVICES WITHOUT REGARD TO PATIENT RACE, CREED, NATIONAL ORIGIN, ECONOMIC STATUS, OR ABILITY TO PAY. DURING JULY 1, 2021 - JUNE 30, 2022, PRESENCE RESURRECTION MEDICAL CENTER TREATED 11,428 ADULTS AND CHILDREN FOR A TOTAL OF 69,120 PATIENT DAYS OF SERVICE. THE HOSPITAL ALSO PROVIDED SERVICES FOR 40,144 OUTPATIENT VISITS, WHICH INCLUDED 3,475 OUTPATIENT SURGERIES AND 36,669 EMERGENCY ROOM VISITS. PRESENCE HOLY FAMILY MEDICAL CENTER IS A 172-BED HOSPITAL CAMPUS PROVIDING SERVICES WITHOUT REGARD TO PATIENT RACE, CREED, NATIONAL ORIGIN, ECONOMIC STATUS, OR ABILITY TO PAY. DURING JULY 1, 2021 - JUNE 30, 2022, PRESENCE HOLY FAMILY MEDICAL CENTER TREATED 1,119 ADULTS AND CHILDREN FOR A TOTAL OF 31,173 PATIENT DAYS OF SERVICE. THE HOSPITAL ALSO PROVIDED SERVICES FOR 897 OUTPATIENT VISITS, WHICH INCLUDED 897 OUTPATIENT SURGERIES. PRESENCE ST FRANCIS HOSPITAL IS A 191-BED HOSPITAL CAMPUS PROVIDING SERVICES WITHOUT REGARD TO PATIENT RACE, CREED, NATIONAL ORIGIN, ECONOMIC STATUS, OR ABILITY TO PAY. DURING JULY 1, 2021 - JUNE 30, 2022, PRESENCE ST FRANCIS HOSPITAL TREATED 6,180 ADULTS AND CHILDREN FOR A TOTAL OF 31,255 PATIENT DAYS OF SERVICE. THE HOSPITAL ALSO PROVIDED SERVICES FOR 36,090 OUTPATIENT VISITS, WHICH INCLUDED 2,216 OUTPATIENT SURGERIES AND 33,874 EMERGENCY ROOM VISITS. PRESENCE SAINT JOSEPH HOSPITAL - CHICAGO IS A 319-BED HOSPITAL CAMPUS PROVIDING SERVICES WITHOUT REGARD TO PATIENT RACE, CREED, NATIONAL ORIGIN, ECONOMIC STATUS, OR ABILITY TO PAY. DURING JULY 1, 2021 - JUNE 30, 2022, PRESENCE SAINT JOSEPH HOSPITAL - CHICAGO TREATED 9,134 ADULTS AND CHILDREN FOR A TOTAL OF 49,416 PATIENT DAYS OF SERVICE. THE HOSPITAL ALSO PROVIDED SERVICES FOR 23,654 OUTPATIENT VISITS, WHICH INCLUDED 5,049 OUTPATIENT SURGERIES AND 18,605 EMERGENCY ROOM VISITS. AMITA HEALTH ST MARY & ELIZABETH MEDICAL CENTER IS A 446-BED HOSPITAL CAMPUS PROVIDING SERVICES WITHOUT REGARD TO PATIENT RACE, CREED, NATIONAL ORIGIN, ECONOMIC STATUS, OR ABILITY TO PAY. DURING JULY 1, 2021 - JUNE 30, 2022, AMITA HEALTH ST MARY & ELIZABETH MEDICAL CENTER TREATED 12,459 ADULTS AND CHILDREN FOR A TOTAL OF 78,994 PATIENT DAYS OF SERVICE. THE HOSPITAL ALSO PROVIDED SERVICES FOR 49,827 OUTPATIENT VISITS, WHICH INCLUDED 4,476 OUTPATIENT SURGERIES AND 45,351 EMERGENCY ROOM VISITS. PRESENCE CHICAGO HOSPITALS NETWORK OPERATES OUTPATIENT PHARMACIES. THESE PHARMACIES ARE PRIMARILY FOR THE CONVENIENCE OF PATIENTS. 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 FY22.
PRESENCE CHICAGO HOSPITALS NETWORK OPERATES 3 INDEPENDENT LIVING RETIREMENT COMMUNITIES - PRESENCE RESURRECTION RETIREMENT COMMUNITY IN CHICAGO, PRESENCE CASA SAN CARLO RETIREMENT COMMUNITY IN NORTHLAKE, AND PRESENCE BETHLEHEM WOODS RETIREMENT COMMUNITY IN LA GRANGE PARK .
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Vice Chair | OfficerTrustee | 1 | $0 |
Name Not Listed Director/president (start 4/2022) | OfficerTrustee | 0 | $0 |
Name Not Listed Chair | OfficerTrustee | 1 | $0 |
Name Not Listed Director | Trustee | 0 | $0 |
Name Not Listed Director | Trustee | 1 | $0 |
Name Not Listed Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Cep America Illinois Llp Physician Services | 6/29/22 | $3,910,938 |
Northstar Anesthesia Of Illinois Llc Anesthesia Services | 6/29/22 | $8,383,864 |
Ram Velamati Md Sc Physician Services | 6/29/22 | $2,872,629 |
Power Construction Company Llc Construction Services | 6/29/22 | $3,631,296 |
Excel Mechanical Services Llc Construction Services | 6/29/22 | $2,256,957 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $78,346,845 |
| Investment income | $211,311 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $2,334,165 |
| Net Gain/Loss on Asset Sales | $56,893 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,138,442,162 |
| 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. | $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 | $169,598 |
| Fees for services: Accounting | $289 |
| Fees for services: Lobbying | $2,657 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $63,864,817 |
| Advertising and promotion | $776,499 |
| Office expenses | $2,187,649 |
| Information technology | $197,781 |
| Royalties | $0 |
| Occupancy | $26,826,167 |
| Travel | $312,947 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $455,474 |
| Interest | $19,664,770 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $33,991,090 |
| Insurance | $32,726,788 |
| All other expenses | $0 |
| Total functional expenses | $1,136,461,186 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $39,797 |
| Savings and temporary cash investments | $31,955 |
| Pledges and grants receivable | $87,221 |
| Accounts receivable, net | $147,658,741 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $20,905,515 |
| Prepaid expenses and deferred charges | $334,041 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $3,162,479 |
| Intangible assets | $569,243 |
| Other assets | $139,412,327 |
| Total assets | $903,857,425 |
| Accounts payable and accrued expenses | $72,576,512 |
| Grants payable | $0 |
| Deferred revenue | $1,130,695 |
| 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 | $2,402,868 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $460,730,046 |
| Total liabilities | $536,840,121 |
| 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 | $367,017,304 |
Grants Awarded
Over the last fiscal year, Presence Chicago Hospitals Network has awarded $1,946,266 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
PRIMECARE COMMUNITY HEALTH INC PURPOSE: support local community health centers | $1,240,936 |
DES PLAINES CHAMBER OF COMMERCE FOUNDATION PURPOSE: support veterans back to work program 2021 | $10,100 |
RESURRECTION UNIVERSITY PURPOSE: addressing Education; workforce development | $674,230 |
ST MICHAEL CHURCH PURPOSE: AED Program support - addressing chronic disease prevention & management | $6,000 |
GREATER CHICAGO FOOD DEPOSITORY PURPOSE: access to food | $15,000 |