Seton Medical Management
- Assets
- $6.2m
- Revenue
- $8.3m
- Investments
- $0.0
- Employees
- 85
- Location
- St Louis, MO
- Founding
- 03/1946
- Data as of
- 06/2020
- EIN
- 63-0937704
Organization Overview
Seton Medical Management, operating under the name Ascension Rx, is located in St Louis, MO. The organization was established in 1946. 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, Ascension Rx employed 85 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Ascension Rx 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, Ascension Rx generated $8.3m 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 (5.3%) each year. All expenses for the organization totaled $9.0m during the year ending 06/2020. As we would expect to see with falling revenues, expenses have declined by (4.4%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
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
SETON MEDICAL MANAGEMENT, INC. SEEKS TO IMPROVE THE PHYSICAL, MENTAL, SOCIAL AND SPIRITUAL HEALTH STATUS OF ITS SURROUNDING COMMUNITY BY PROVIDING OUTPATIENT MEDICAL SERVICES AND SUPPORT TO PROVIDENCE HOSPITAL. DURING FISCAL YEAR 2021, SETON MEDICAL MANAGEMENT, INC. HAD 938 PET SCAN PROCEDURES AND 22,230 RADIATION ONCOLOGY TREATMENTS. 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 Officer (end 6/2020) | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $110,951 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,319,618 |
| 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. | $311,409 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,975,527 |
| Pension plan accruals and contributions | $258,067 |
| Other employee benefits | $255,201 |
| Payroll taxes | $245,718 |
| Fees for services: Management | $270 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,595 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $169,511 |
| Advertising and promotion | $2,484 |
| Office expenses | $42,065 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $114,099 |
| Travel | $8,754 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,610 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $801,585 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $9,044,541 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $700 |
| Savings and temporary cash investments | $70,556 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $275,384 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $398,623 |
| Prepaid expenses and deferred charges | $1,789 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $737 |
| Other assets | $497,439 |
| Total assets | $6,210,229 |
| Accounts payable and accrued expenses | $568,935 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $985,331 |
| Total liabilities | $1,554,266 |
| 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 | $4,655,963 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
St Vincent Ras Inc St Louis, MO | $32,804,028 | $6,446,030 |
St Vincent Jennings Hospital Inc St Louis, MO | $11,643,648 | $21,973,222 |
Mercy Hospital Cassville Cassville, MO | $6,399,799 | $16,353,383 |
Great Plains Health Alliance Inc Wichita, KS | $6,373,791 | $17,269,956 |
Providence Hospital St Louis, MO | $40,301,832 | $6,465,043 |
Henderson County Health Care Corporation Henderson, KY | $21,606,323 | $14,826,230 |
Juniper Health Inc Beattyville, KY | $22,989,895 | $17,799,078 |
Abingdon Physician Partners Johnson City, TN | $3,256,381 | $13,958,194 |
Ucm Community Health & Hospital Division Inc Harvey, IL | $52,420,395 | $14,065,733 |
Memorial Health System Springfield, IL | $23,178,318 | $13,590,032 |
Alexian Brothers Hospital Network St Louis, MO | $134,162,736 | $15,418,053 |
Ascension Southeast Michigan Community Health St Louis, MO | $1,838,636 | $12,161,553 |