Ascension Providence Hospital
- Assets
- $487.4m
- Revenue
- $867.1m
- Investments
- $0.0
- Employees
- 4,959
- Location
- St Louis, MO
- Founding
- 03/1946
- Data as of
- 06/2022
- EIN
- 38-1358212
Organization Overview
Ascension Providence Hospital, operating under the name see schedule o, is located in St Louis, MO. The organization was established in 1946. 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 06/2022, see schedule o employed 4,959 individuals. 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 06/2022, see schedule o generated $867.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $885.3m during the year ending 06/2022. While expenses have increased by 3.9% 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 89 individual grants totaling $24,882,464. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
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:
ASCENSION PROVIDENCE HOSPITAL IS A 635-BED HOSPITAL CAMPUS PROVIDING SERVICES WITHOUT REGARD TO PATIENT RACE, CREED, NATIONAL ORIGIN, ECONOMIC STATUS, OR ABILITY TO PAY. DURING FISCAL YEAR 2022, ASCENSION PROVIDENCE HOSPITAL TREATED 31,921 ADULTS AND CHILDREN FOR A TOTAL OF 157,520 PATIENT DAYS OF SERVICE. THE HOSPITAL ALSO PROVIDED SERVICES FOR 847,930 OUTPATIENT VISITS, WHICH INCLUDED 14,012 OUTPATIENT SURGERIES AND 103,736 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 FY22.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Vice Chair | OfficerTrustee | 1 | $0 |
Name Not Listed President (end 4/2022) | OfficerTrustee | 50 | $650,384 |
Name Not Listed Regional President & CEO (start 4/2022) | OfficerTrustee | 0 | $0 |
Name Not Listed Secretary/treasurer | OfficerTrustee | 1 | $0 |
Name Not Listed Chair | OfficerTrustee | 1 | $0 |
Name Not Listed Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Cardovascular Therapeutics Management Medical Consulting Services | 6/29/22 | $16,910,847 |
Heart Cardiology Consultants Therapy Services | 6/29/22 | $13,918,856 |
Psj Anesthesia Pc Medical Services | 6/29/22 | $8,033,810 |
Michigan Ear Institute Pllc Physician Services | 6/29/22 | $6,407,244 |
Motor City Ortho And Sports Medicine Ins Physician Services | 6/29/22 | $5,638,329 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $1,936,288 |
| Government grants | $10,231,225 |
| 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 | $12,167,513 |
| Total Program Service Revenue | $846,781,342 |
| Investment income | $343,549 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$934,518 |
| Net Gain/Loss on Asset Sales | $502 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $867,109,553 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,920,228 |
| Grants and other assistance to domestic individuals. | $2,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,839,285 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $299,852,885 |
| Pension plan accruals and contributions | $11,539,000 |
| Other employee benefits | $16,277,511 |
| Payroll taxes | $21,295,572 |
| Fees for services: Management | $2,370,455 |
| Fees for services: Legal | $14,000 |
| Fees for services: Accounting | $9,928 |
| Fees for services: Lobbying | $20,669 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $113,057,848 |
| Advertising and promotion | $196,179 |
| Office expenses | $2,766,625 |
| Information technology | $519,712 |
| Royalties | $0 |
| Occupancy | $14,336,950 |
| Travel | $470,836 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,906,321 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $26,819,014 |
| Insurance | $690,739 |
| All other expenses | $12,209,713 |
| Total functional expenses | $885,335,586 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $15,117 |
| Savings and temporary cash investments | $255,882 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $102,680,442 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $11,505,981 |
| Prepaid expenses and deferred charges | $2,908,479 |
| Net Land, buildings, and equipment | $257,174,022 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $10,246,460 |
| Intangible assets | $69,101 |
| Other assets | $102,568,840 |
| Total assets | $487,424,324 |
| Accounts payable and accrued expenses | $62,958,765 |
| Grants payable | $0 |
| Deferred revenue | $98,853 |
| 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 | $206,582,577 |
| Total liabilities | $269,640,195 |
| Net assets without donor restrictions | $217,784,129 |
| 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 | $487,424,324 |
Grants Awarded
Over the last fiscal year, Ascension Providence Hospital has awarded $3,920,228 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
CHANCE FOR LIFE ORGANIZATION PURPOSE: SUBSTANCE USE DISORDER/MENTAL HEALTH PREVENTION FUNDING | $20,150 |
LIVINGSTON COUNTY TREASURER PURPOSE: HEALTHCARE COLLABORATIVE CONTRIBUTION | $13,000 |
NEW HOPE CENTER FOR GRIEF SUPPORT INC PURPOSE: FIRST STEPS GRIEF SUPPORT FUNDING | $20,000 |
LA CASA GUADALUPANA PURPOSE: HISPANIC COMMUNITY SUPPORT | $20,000 |
CHALDEAN AMERICAN LADIES OF CHARITY PURPOSE: MATERNAL EDUCATION HEALTH PROJECT | $20,000 |
ASCENSION PROVIDENCE FOUNDATION PURPOSE: CHRISTMAS STORE SUPPORT | $10,000 |