ST FRANCIS HOSPITAL - POUGHKEEPSIE

EIN: 141338503 501(c)(3) Health Care

POUGHKEEPSIE, NY

Total Revenue
$3,605
Total Expenses
$160,762
Total Assets
$5,072,323
Net Assets
$5,072,323
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1913
Legal Domicile
NY
Principal Officer
CHAD SHANDLER
Phone
8454318174
Tax Period
2018-01-01 to 2018-12-31

ST FRANCIS HOSPITAL - POUGHKEEPSIE, founded in 1913, is a micro nonprofit in the Health Care sector that reported $4K in total revenue in fiscal year 2018. Revenue fell 42% from the prior year — a significant decline worth monitoring. Expenses of $161K exceeded revenue, resulting in a 4359% operating deficit.

Mission

SAINT FRANCIS HOSPITAL IS PRIVILEGED TO SERVE THE HEALTHCARE NEEDS OF OUR COMMUNITY WITH REVERENCE FOR LIFE AND THE DIGNITY AND WORTH OF EVERY INDIVIDUAL, EMBRACING A HEALING MINISTRY IN THE SPIRIT OF SAINT FRANCIS OF ASSISI. VISION STATEMENT: TO BE THE HOSPITAL OF CHOICE IN THE HUDSON VALLEY, SPIRITUALLY GROUNDED, QUALITY DRIVEN AND TRUSTED FOR GENERATIONS TO COME. TO PROVIDE INPATIENT, OUTPATIENT AND EMERGENCY CARE, MENTAL HEALTH, PHYSICAL REHABILITATION, ALCOHOL DETOXIFICATION AND OTHER REHABILITATION SERVICES, AND HOME CARE SERVICES TO RESIDENTS IN THE HUDSON VALLEY REGION OF NEW YORK STATE.THE ORGANIZATION DECLARED BANKRUPCY ON JANUARY 31, 2014 AND IS IN THE PROCESS OF LIQUDATING. AS OF THE DATE OF THE BANKRUPCY THE ORGANIZATION CEASED OPERATIONS AND TURNED OVER ALL ASSETS TO THE BANKRUPCY TRUSTEE COHNREZNICK LLP FOR LIQUIDATION.

Program Service Accomplishments

Program 1
Expenses: $0 Revenue: $0

SAINT FRANCIS HOSPITAL IS CLASSIFIED AS AN URBAN HOSPITAL, WITH OUR PRIMARY SERVICE AREA COMPRISED OF A POPULATION OF APPROXIMATELY 320,000 PEOPLE, PROVIDING CARE IN DUTCHESS AND SURROUNDING COUNTIES...

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SAINT FRANCIS HOSPITAL IS CLASSIFIED AS AN URBAN HOSPITAL, WITH OUR PRIMARY SERVICE AREA COMPRISED OF A POPULATION OF APPROXIMATELY 320,000 PEOPLE, PROVIDING CARE IN DUTCHESS AND SURROUNDING COUNTIES IN NEW YORK STATE. THE HOSPITAL IS ORGANIZED TO PROVIDE DIAGNOSIS, MEDICAL, SURGICAL, AND BEHAVIORAL HOSPITAL CARE AND TREATMENT, AMBULATORY AND OUTPATIENT CARE, HOME CARE AND OTHER HOSPITAL AND HEALTH CARE RELATED SERVICES, AS WELL AS ACTIVITIES RELATING TO THE PROMOTION OF HEALTH. THESE SERVICES ARE RENDERED REGARDLESS OF RACE, CREED, SEX, COLOR, NATIONAL ORIGIN OR FINANCIAL STATUS AND ARE TO BE ADMINISTERED ACCORDING TO THE MORAL TEACHINGS OF THE ROMAN CATHOLIC CHURCH AND TO REFLECT THIS IDENTIFICATION IN THE POLICIES AND PRACTICES OF THE FACILITIES.THE ORGANIZATION DECLARED BANKRUPCY ON JANUARY 31, 2014 AND IS IN THE PROCESS OF LIQUDATION. AS OF THE DATE OF THE BANKRUPCY THE ORGANIZATION CEASED OPERATIONS AND TURNED OVER ALL ASSETS TO THE BANKRUPCY TRUSTEE COHNREZNICK LLP FOR LIQUIDATION.

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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 (2018)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $3,605
TOTAL REVENUE $3,605

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $160,762
TOTAL EXPENSES $160,762

Year-over-Year Comparison

2018 2017 Change
Revenue $3,605 $6,251 -0.4%
Expenses $160,762 $1,199,190 -0.9%
Net Income $-157,157 $-1,192,939 -0.9%
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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Liquidity & Cash Position

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Governance

Voting Members
N/A
Independent Members
N/A
Employees
N/A
Volunteers
N/A

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
2
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHAD SHANDLER PLAN ADMINISTRATOR 40.00
Officer
$0 $0 $0
KRISTIN CASH HOLLAND CFO 40.00
Officer
$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
2018 $3,605 $160,762 $5,072,323 $-157,157
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