ST CHARLES HOSPITAL CORP

EIN: 111871039 501(c)(3) Health Care

PORT JEFFERSON, NY

Total Revenue
$248,593,832
Total Expenses
$254,051,719
Total Assets
$128,032,723
Net Assets
$-21,187,112
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1907
Legal Domicile
NY
Principal Officer
JAMES O'CONNOR
Phone
6314746116
Tax Period
2023-01-01 to 2023-12-31

ST CHARLES HOSPITAL CORP, founded in 1907, is a major nonprofit in the Health Care sector that reported $248.6M in total revenue in fiscal year 2023.

Mission

WE, AT CH, HUMBLY JOIN TOGETHER TO BRING CHRIST'S HEALING MISSION AND THE MISSION OF MERCY OF THE CATHOLIC CHURCH EXPRESSED IN CATHOLIC HEALTH CARE TO OUR COMMUNITIES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $10,840,717
Program Service Revenue $233,495,651
Investment Income $285,230
Other Revenue $3,972,234
TOTAL REVENUE $248,593,832

Expense Breakdown

Grants Paid $105,755
Salaries & Benefits $131,919,064
Fundraising Expenses $0
Program Expenses $211,577,096
Other Expenses $122,026,900
TOTAL EXPENSES $254,051,719

Year-over-Year Comparison

2023 2022 Change
Revenue $248,593,832 $240,099,546 +0.0%
Expenses $254,051,719 $248,672,227 +0.0%
Net Income $-5,457,887 $-8,572,681 -0.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
20
Independent Members
19
Employees
1925
Volunteers
64

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
7
$7,688,654
Total Directors
20
$4,648,566
Key Employees
3
$1,309,533
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PATRICK O'SHAUGHNESSY DO PRESIDENT & CEO 50.0
Officer Director
$0 $1,470,892 $4,648,566
PATRICK MINICUS EVP & CFO 50.0
Officer
$0 $708,505 $1,928,665
VLADA FRANKENBURGER PHYSICIAN 50.0
Highest
$1,221,882 $31,326 $1,253,208
JAMES O'CONNOR PRESIDENT/CAO 50.0
Officer
$837,413 $274,010 $1,111,423
DEREK MATTIMOE PHYSICIAN 50.0
Highest
$800,692 $75,007 $875,699
MARK SOLOMON PHYSICIAN 50.0
Highest
$787,303 $33,205 $820,508
MATTHEW WAGNER PHYSICIAN 50.0
Highest
$696,073 $71,282 $767,355
ANIL SANGWAN PHYSICIAN 50.0
Highest
$704,520 $41,275 $745,795
SUNIL DHUPER MD CMO 50.0
Key Emp
$558,267 $40,839 $599,106
DOMINICK PERNICE COO AS OF 03/23 50.0
Key Emp
$246,928 $70,456 $411,089
RONALD WEINGARTNER COO THROUGH 07/23 50.0
Key Emp
$285,266 $14,072 $299,338
SALVATORE SODANO CHAIR 2.0
Officer Director
$0 $0 $0
BRIAN MCGUIRE VICE CHAIR 2.0
Officer Director
$0 $0 $0
ROBERT ZUCCARO TREASURER 2.0
Officer Director
$0 $0 $0
THOMAS CHRISTMAN SECRETARY 2.0
Officer Director
$0 $0 $0
JERRY BALENTINEDO TRUSTEE AS OF 01/23 2.0
Director
$0 $0 $0
PETER DAGHER TRUSTEE AS OF 09/23 2.0
Director
$0 $0 $0
REV LEE DESCOTEAUX TRUSTEE AS OF 01/23 2.0
Director
$0 $0 $0
HON VITO DESTEFANO TRUSTEE AS OF 06/23 2.0
Director
$0 $0 $0
REV JOHN MCCARTNEY TRUSTEE 2.0
Director
$0 $0 $0
RE JASON GRISAFI TRUSTEE AS OF 01/23 2.0
Director
$0 $0 $0
JOSEPH MATTONEESQ TRUSTEE AS OF 03/23 2.0
Director
$0 $0 $0
SUSAN O'HARA RN TRUSTEE AS OF 03/23 2.0
Director
$0 $0 $0
RONALD SHINDEL TRUSTEE AS OF 03/23 2.0
Director
$0 $0 $0
WILLIAM WARD TRUSTEE 2.0
Director
$0 $0 $0
PETER QUICK TRUSTEE 2.0
Director
$0 $0 $0
DEBRA DEL VECCHIO TRUSTEE 2.0
Director
$0 $0 $0
REGINA PISCAZZI TRUSTEE 2.0
Director
$0 $0 $0
JOHN ROMANELLI MD TRUSTEE 2.0
Director
$0 $0 $0
ANDREW ZUCARO TRUSTEE 2.0
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $248,593,832 $254,051,719 $128,032,723 $-5,457,887
2022 $240,099,546 $248,672,227 $123,983,628 $-8,572,681
2021 $247,574,717 $230,047,287 $126,136,330 $17,527,430
2020 $245,956,663 $237,234,904 $137,852,980 $8,721,759
2019 $251,455,163 $243,580,162 $118,974,822 $7,875,001
2018 $253,339,590 $238,808,627 $128,665,447 $14,530,963
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