St Francis Hospital Inc
- Assets
- $778.2m
- Revenue
- $752.2m
- Investments
- $5.7m
- Employees
- 1,226
- Location
- Greenville, SC
- Founding
- 03/1946
- Data as of
- 12/2021
- EIN
- 58-2504530
Organization Overview
St Francis Hospital Inc is located in Greenville, SC. 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 12/2021, St Francis Hospital Inc employed 1,226 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. St Francis Hospital Inc 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, St Francis Hospital Inc generated $752.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $680.6m during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDES ACUTE CARE HOSPITAL SERVICES
Describe the Organization's Program Activity:
BON SECOURS ST. FRANCIS HEALTH SYSTEM (BSSFHS) PRIMARILY SERVES GREENVILLE COUNTY, WHICH IS COMPRISED OF GREATER THAN 514,000 RESIDENTS AND HAS EXPERIENCED A GROWTH RATE DOUBLE THAT OF THE UNITED STATES AND SIGNIFICANTLY HIGHER THAN THAT OF SOUTH CAROLINA. ST. FRANCIS HOSPITAL PROVIDES MEDICAL CARE TO PATIENTS WITHOUT REGARD TO THEIR ABILITY TO PAY. ST. FRANCIS HOSPITAL PROVIDES SUPPORT FOR THE COMMUNITY SERVICES. DURING 2021 ST. FRANCIS HOSPITAL PROVIDED $36.75M IN NET COMMUNITY BENEFITS REPRESENTING 6.14% OF TOTAL OPERATING EXPENSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Former CFO - Bssfhs | 0 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Apogee Medical Management Hospitalist Management | 8/30/19 | $6,237,019 |
Trimedx Inc Asset Management | 8/30/19 | $6,542,470 |
Morrison Mgt Specialists Food Management | 8/30/19 | $6,205,582 |
Us Bank Corporate Trust (Shiftwise) Contract Labor | 8/30/19 | $4,710,887 |
Surgical Operational Services Contract Surgical Services | 8/30/19 | $2,965,989 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $1,262,590 |
| Government grants | $30,534,085 |
| All other contributions, gifts, grants, and similar amounts not included above | $389,161 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $32,185,836 |
| Total Program Service Revenue | $712,775,983 |
| Investment income | $349,563 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $1,868,174 |
| Net Gain/Loss on Asset Sales | $1,375,397 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $752,202,599 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $1,224,664 |
| Compensation of current officers, directors, key employees. | $122,466 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $142,124,807 |
| Pension plan accruals and contributions | $6,946,547 |
| Other employee benefits | $26,066,603 |
| Payroll taxes | $10,159,114 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $263,482 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $13,787 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $186,508,516 |
| Advertising and promotion | $933,473 |
| Office expenses | $3,035,553 |
| Information technology | $2,241,433 |
| Royalties | $0 |
| Occupancy | $9,764,611 |
| Travel | $569,890 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $206,039 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $18,238,063 |
| Insurance | $3,138,373 |
| All other expenses | $2,715,909 |
| Total functional expenses | $680,590,043 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,508 |
| Savings and temporary cash investments | $290,325,415 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $94,407,204 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $19,392,628 |
| Prepaid expenses and deferred charges | $1,423,247 |
| Net Land, buildings, and equipment | $223,504,965 |
| Investments—publicly traded securities | $36,294,316 |
| Investments—other securities | $5,654,217 |
| Investments—program-related | $0 |
| Intangible assets | $75,662,208 |
| Other assets | $31,547,526 |
| Total assets | $778,217,234 |
| Accounts payable and accrued expenses | $82,035,845 |
| Grants payable | $0 |
| Deferred revenue | $85,058 |
| 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 | $289,951,289 |
| Total liabilities | $372,072,192 |
| Net assets without donor restrictions | $406,145,042 |
| 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 | $778,217,234 |
Grants Awarded
Over the last fiscal year, St Francis Hospital Inc has awarded $31,003,820 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Greenville, SC PURPOSE: MISSION SUPPORT | $30,173,097 |
Greenville, SC PURPOSE: MISSION SUPPORT | $830,723 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that St Francis Hospital Inc has recieved totaling $1,461,015.
| Awarding Organization | Amount |
|---|---|
Bon Secours Mercy Health Foundation Cincinnati, OH PURPOSE: Capital and program support | $1,262,590 |
Duke Endowment Charlotte, NC PURPOSE: TO EXPAND A HEALTHY PEOPLE, HEALTHY CAROLINAS COALITION TO INCREASE CAPACITY AND IMPROVE POPULATION HEALTH IN GREENVILLE COUNTY. | $150,000 |
South Carolina Hospital Association Columbia, SC PURPOSE: US HHS ASPR GRANT FOR COVID-19 RESPONSE | $31,728 |
South Carolina Hospital Association Columbia, SC PURPOSE: US HHS ASPR GRANT FOR COVID-19 RESPONSE | $16,697 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
First Health Of The Carolinas Inc Pinehurst, NC | $1,544,188,654 | $986,400,718 |
Medical Center Of Central Georgia Inc Macon, GA | $1,397,526,718 | $800,413,800 |
Mcleod Regional Medical Center Of The Pee Dee Inc Florence, SC | $2,090,467,381 | $796,571,278 |
St Francis Hospital Inc Greenville, SC | $778,217,234 | $752,202,599 |
Phoebe Putney Memorial Hospital Inc Albany, GA | $729,879,818 | $712,342,689 |
Cobb Hospital Marietta, GA | $403,732,052 | $857,038,951 |
Anmed Health Anderson, SC | $1,245,907,620 | $728,404,682 |
Gaston Memorial Hospital Inc Gastonia, NC | $627,844,903 | $665,062,443 |
University Health Services Inc Augusta, GA | $1,020,272,774 | $598,292,806 |
Piedmont Athens Regional Medical Center Inc Athens, GA | $481,881,509 | $586,558,385 |
Fayette Community Hospital Inc Fayetteville, GA | $249,474,622 | $553,195,629 |
Piedmont Henry Hospital Inc Stockbridge, GA | $235,296,408 | $486,794,588 |