Bon Secours Richmond Health System

Organization Overview

Bon Secours Richmond Health System, operating under the name Bon Secours Virginia Bon Secours Virginia Health System, is located in Richmond, VA. The organization was established in 2017. 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 12/2021, Bon Secours Virginia Bon Secours Virginia Health System employed 2,990 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bon Secours Virginia Bon Secours Virginia Health System 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 12/2021, Bon Secours Virginia Bon Secours Virginia Health System generated $1.9b in total revenue. All expenses for the organization totaled $1.6b during the year ending 12/2021. While expenses have increased by 71.0% 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 2018, Bon Secours Virginia Bon Secours Virginia Health System has awarded 103 individual grants totaling $8,786,492. 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.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

BON SECOURS-RICHMOND HEALTH SYSTEM EXTENDS THE HEALING MINISTRY OF JESUS BY IMPROVING THE HEALTH AND WELL-BEING OF OUR COMMUNITIES AND BRING GOOD HELP TO THOSE IN NEED, ESPECIALLY PEOPLE WHO ARE POOR, DYING AND UNDERSERVED. BON SECOURS-RICHMOND HEALTH SYSTEM DEMONSTRATES BEHAVIORS REFLECTING OUR CORE VALUES OF HUMAN DIGNITY, INTEGRITY, COMPASSION, STEWARDSHIP, AND SERVICE.

Describe the Organization's Program Activity:

BON SECOURS-RICHMOND HEALTH SYSTEM IS A MISSION-DRIVEN, NONPROFIT, CATHOLIC HEALTH SYSTEM. BON SECOURS-RICHMOND HEALTH SYSTEM OPERATES ACUTE CARE HOSPITALS, HOME HEALTH AGENCIES, AMBULATORY AGENCIES, AND OTHER HEALTHCARE ORGANIZATIONS. BON SECOURS-RICHMOND HEALTH SYSTEM SUPPORTS ITS SUBSIDIARY MEMBERS IN THEIR EFFORT TO PROVIDE COMPASSIONATE, QUALITY HEALTHCARE SERVICES TO THOSE IN NEED, INCLUDING THE POOR AND DYING, FOR THE PURPOSE OF ALLEVIATING HUMAN SUFFERING AND BRINGING PEOPLE TO WHOLENESS IN THE MIDST OF PAIN AND LOSS.


THE FIVE HOSPITALS INCLUDED ON THIS RETURN EXTEND THE HEALING MINISTRY OF JESUS BY IMPROVING THE HEALTH AND WELL-BEING OF OUR COMMUNITIES AND BRINGING GOOD HELP TO THOSE IN NEEED, ESPECIALLY PEOPLE WHO ARE POOR, DYING AND UNDERSERVED. THIS IS ACCOMPLISHED BY DEMONSTRATING BEHAVIORS REFLECTING OUR CORE VALUES OF HUMAN DIGNITY, INTEGRITY, COMPASSION, STEWARDSHIP, AND SERVICE. TOTAL COMMUNITY BENEFIT PROVIDED IN 2021 WAS $64,149,084.


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Board, Officers & Key Employees

Name (title)Compensation
Name Not Listed
Former SVP Hr - Richmond
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Blacktree Healthcare Consulting
Consulting
$1,233,919
Simione Healthcare Consultants
Consulting
$415,941
Dispatch Health
Contract Labor
$400,000
Shiftwise Us Bank Corporate Trust
Contract Labor
$310,559
Pps Plus Software
Coding Review
$282,336
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$4,947,757
Government grants $14,797,600
All other contributions, gifts, grants, and similar amounts not included above$3,347,759
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$23,093,116
Total Program Service Revenue$1,856,180,795
Investment income $32,919,335
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $2,583,559
Net Gain/Loss on Asset Sales $478,418
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,921,616,534

Grants Awarded

Over the last fiscal year, Bon Secours Richmond Health System has awarded $3,863,447 in support to 59 organizations.

Grant RecipientAmount

CRISTO REY RICHMOND HIGH SCHOOL

Org PageRecipient Profile

Richmond, VA

PURPOSE: MISSION SUPPORT

$451,000

Alexandria, VA

PURPOSE: MISSION SUPPORT

$323,000

MAGGIE WALKER COMMUNITY LAND TRUST

Org PageRecipient Profile

Richmond, VA

PURPOSE: MISSION SUPPORT

$260,000

CROSS OVER MINISTRY INC

Org PageRecipient Profile

Richmond, VA

PURPOSE: MISSION SUPPORT

$125,000

RETAIL ADVANCEMENT FUND

Org PageRecipient Profile

Richmond, VA

PURPOSE: MISSION SUPPORT

$125,000

YMCA OF GREATER RICHMOND

Org PageRecipient Profile

Richmond, VA

PURPOSE: MISSION SUPPORT

$115,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Bon Secours Richmond Health System has recieved totaling $4,947,757.

Awarding OrganizationAmount
Bon Secours Mercy Health Foundation

Cincinnati, OH

PURPOSE: Capital and program support

$4,947,757
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$120,000
Ending Balance$120,000

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