Saint Thomas Health
- Assets
- $77.0m
- Revenue
- $222.2m
- Investments
- $0.0
- Employees
- 1,572
- Location
- St Louis, MO
- Founding
- 01/1988
- Data as of
- 06/2020
- EIN
- 58-1716804
Organization Overview
Saint Thomas Health, operating under the name See Sch O, is located in St Louis, MO. The organization was established in 1988. 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 06/2021, See Sch O employed 1,572 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. See Sch 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 06/2020, See Sch O generated $222.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (4.4%) each year. All expenses for the organization totaled $224.9m during the year ending 06/2020. As we would expect to see with falling revenues, expenses have declined by (5.5%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
COORDINATES THE MANAGEMENT OF A NON-PROFIT HOSPITAL AND HEALTHCARE DELIVERY SYSTEM TO IMPROVE THE HEALTH AND WELL-BEING OF ALL PEOPLE IN THE COMMUNITIES WE SERVE.
Describe the Organization's Program Activity:
SAINT THOMAS HEALTH IS THE PARENT OF A TEN HOSPITAL HEALTH SYSTEM (INCLUDING CONSOLIDATED JOINT VENTURE HOSPITALS) IN NASHVILLE, TN. AS SUCH, IT COORDINATES THE MANAGEMENT OF A NON-PROFIT HOSPITAL AND HEALTHCARE DELIVERY SYSTEM. THE COMMUNITY BENEFITS FROM THIS COORDINATION BY HAVING AVAILABLE A CONTINUUM OF CARE WHICH ALLOWS FOR THE INTRODUCTION OF THE MOST APPROPRIATE AND COST EFFECTIVE CARE. 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 Key Employee (end 12/2017) | 0 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Middle Tennessee Emergency Physicians Pc Physician Services | 6/29/21 | $2,537,767 |
Medspeed Llc Courier Service | 6/29/21 | $1,313,945 |
Arup Laboratories Lab Testing Services | 6/29/21 | $2,077,733 |
Memphis Pathology Laboratory Laboratory Services | 6/29/21 | $715,890 |
Change Healthcare Llc Billing Services | 6/29/21 | $619,671 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $795,598 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $3,377 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $222,206,995 |
| 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. | $926,238 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $54,152,576 |
| Pension plan accruals and contributions | $2,364,615 |
| Other employee benefits | $6,628,045 |
| Payroll taxes | $3,791,123 |
| Fees for services: Management | $72,568 |
| Fees for services: Legal | $96,775 |
| Fees for services: Accounting | $52,281 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $19,224,532 |
| Advertising and promotion | $2,298,928 |
| Office expenses | $2,181,580 |
| Information technology | $1,650,546 |
| Royalties | $0 |
| Occupancy | $1,227,437 |
| Travel | $400,436 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $293,997 |
| Interest | $12,403,924 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $10,066,526 |
| Insurance | $3,254,138 |
| All other expenses | $0 |
| Total functional expenses | $224,921,508 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $89,097 |
| Savings and temporary cash investments | $303,386 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $137,686 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,482,710 |
| Prepaid expenses and deferred charges | $250,585 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $9,559,882 |
| Other assets | $41,657,114 |
| Total assets | $77,035,198 |
| Accounts payable and accrued expenses | $16,201,677 |
| Grants payable | $0 |
| Deferred revenue | $172,083 |
| 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 | $58,151,170 |
| Total liabilities | $74,524,930 |
| 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 | $2,510,268 |
Grants Awarded
Over the last fiscal year, Saint Thomas Health has awarded $320,500 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
Nashville, TN PURPOSE: General Support | $200,000 |
BEERSHEEBA SPRINGS MEDICAL CLINIC PURPOSE: General Support | $50,000 |
Nashville, TN PURPOSE: General Support | $40,000 |
Arlington, VA PURPOSE: General Support | $5,500 |
Nashville, TN PURPOSE: General Support | $5,000 |
Nashville, TN PURPOSE: General Support | $5,000 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Saint Thomas Health has recieved totaling $1,365,603.
| Awarding Organization | Amount |
|---|---|
Ascension Health Alliance St Louis, MO PURPOSE: Dispensary of Hope | $1,018,634 |
Saint Thomas Health Foundations St Louis, MO PURPOSE: GENERAL SUPPORT | $209,553 |
Vanderbilt University Medical Center Nashville, TN PURPOSE: Research | $107,417 |
Bon Secours Mercy Health Foundation Cincinnati, OH PURPOSE: Program Support | $12,500 |
Saint Thomas Rutherford Foundation St Louis, MO PURPOSE: GENERAL SUPPORT | $9,999 |
Meadville Medical Center Meadville, PA PURPOSE: SUPPORT | $7,500 |
Endowment Analysis
| Beg. Balance | $4,046,053 |
| Earnings | $994,311 |
| Net Contributions | $71,514 |
| Other Expense | $40,834 |
| Ending Balance | $5,071,044 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ssm Health Care Corporation St Louis, MO | $4,485,127,106 | $1,033,534,741 |
Bjc Health System St Louis, MO | $5,456,592,622 | $1,155,105,032 |
Mercy Health Services Iowa Corp Mason City, IA | $937,001,767 | $829,323,680 |
Appalachian Regional Healthcare Inc Lexington, KY | $1,267,201,787 | $817,287,479 |
Memorial Health Care System Inc Chattanooga, TN | $833,500,042 | $655,181,018 |
Wellmont Health System Johnson City, TN | $425,394,041 | $662,198,822 |
Alegent Health - Bergan Mercy Health System Omaha, NE | $1,132,748,535 | $611,302,606 |
Owensboro Health Regional Hospital Owensboro, KY | $1,685,340,581 | $709,904,993 |
Alexian Brothers Health System St Louis, MO | $397,387,025 | $531,298,685 |
Alegent Creighton Health Omaha, NE | $854,680,490 | $528,133,331 |
The Carle Foundation Urbana, IL | $3,268,207,661 | $555,725,730 |
Norton Healthcare Inc Louisville, KY | $2,709,209,349 | $492,316,959 |