ST MARY'S HEALTH FOUNDATION INC

EIN: 237045370 501(c)(3)

ST LOUIS, MO

Total Revenue
$1,842,207
Total Expenses
$1,259,374
Total Assets
$19,227,954
Net Assets
$18,765,192
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Financial Trends

Organization Details

Formation Year
1969
Legal Domicile
IN
Phone
3147338000
Tax Period
2024-07-01 to 2025-06-30

ST MARY'S HEALTH FOUNDATION INC, founded in 1969, is a community nonprofit that reported $1.8M in total revenue in fiscal year 2024. Revenue fell 37% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $583K, a strong 32% operating margin.

Mission

St. Mary's Health Foundation, Inc. supports the charitable programs of St. Mary's Health, Inc. in pursuit of its mission: "Rooted in the loving ministry of Jesus as healer, we commit ourselves to serving all persons with special attention to those who are poor and vulnerable. Our Catholic health ministry is dedicated to spiritually centered, holistic care, which sustains and improves the health of individuals and communities. We are advocates for a compassionate and just society through our actions and our words.

Program Service Accomplishments

Program 1
Expenses: $930,662 Revenue: $0

THE FILING ORGANIZATION IS A PART OF THE ASCENSION CATHOLIC HEALTH MINISTRY. ASCENSION IS A FAITH-BASED HEALTHCARE ORGANIZATION THAT DELIVERS PERSONALIZED, COMPASSIONATE CARE TO ALL, ESPECIALLY TO...

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THE FILING ORGANIZATION IS A PART OF THE ASCENSION CATHOLIC HEALTH MINISTRY. ASCENSION IS A FAITH-BASED HEALTHCARE ORGANIZATION THAT DELIVERS PERSONALIZED, COMPASSIONATE CARE TO ALL, ESPECIALLY TO THOSE WHO NEED IT THE MOST. St. Mary's Health Foundation, Inc.'s (the Foundation) goal is to raise funds to support new programs, education, equipment, technology and capital expansion across our local ministry market. We also address the special needs of patients and family members who trust their healthcare to St. Mary's Health, Inc. in Evansville. Since 1969, the Foundation has been raising funds to financially assist our patients, associates and the communities we serve throughout the region. In alignment with Ascension St. Vincent Evansville's Mission of providing spiritually-centered holistic care, our philanthropic projects are focused on providing compassionate, personalized treatment that improves the lives of the poor and vulnerable and all those who seek healthcare from our many locations.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,397,548
Program Service Revenue $0
Investment Income $479,802
Other Revenue $-35,143
TOTAL REVENUE $1,842,207

Expense Breakdown

Grants Paid $901,586
Salaries & Benefits $0
Fundraising Expenses $259,368
Program Expenses $930,662
Other Expenses $357,788
TOTAL EXPENSES $1,259,374

Year-over-Year Comparison

2024 2023 Change
Revenue $1,842,207 $2,931,688 -0.4%
Expenses $1,259,374 $1,220,461 +0.0%
Net Income $582,833 $1,711,227 -0.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
14
Independent Members
11
Employees
N/A
Volunteers
113

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
5
$519,197
Total Directors
14
$946,904
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JENNIFER LYNN WHITAKER EXECUTIVE DIRECTOR 0.0
Officer Director
$0 $10,733 $103,559
KEN HAYNIE CHAIR 1.0
Officer Director
$0 $0 $0
SARAH HARDY SECRETARY 1.0
Officer Director
$0 $0 $0
TED ZIEMER TREASURER 1.0
Officer Director
$0 $0 $0
ALLISON R MELTON MD DIRECTOR 0.0
Director
$0 $36,040 $406,580
AMBER SHEFFER DIRECTOR 1.0
Director
$0 $0 $0
BRIAN BLALOCK DIRECTOR 1.0
Director
$0 $0 $0
CHRISTIAN ALEXANDER BEUSCHEL MD DIRECTOR 0.0
Director
$0 $42,378 $436,765
JUSTIN SODERLUND DIRECTOR 1.0
Director
$0 $0 $0
KYLE MARKLE DIRECTOR 1.0
Director
$0 $0 $0
NATALIE HEDDE DIRECTOR 1.0
Director
$0 $0 $0
PATRICK GRIFFIN DIRECTOR 1.0
Director
$0 $0 $0
SCOTT EVERNHAM DIRECTOR 1.0
Director
$0 $0 $0
SHAY PHILLIPS DIRECTOR 1.0
Director
$0 $0 $0
ZACH ZIRKELBACH VP, FINANCE 0.0
Officer
$0 $40,403 $415,638
DANIEL A PAROD FORMER OFFICER (END 12/2021) 0.0
$0 $61,974 $956,043
JOHN S GREANEY FORMER OFFICER (END 4/2022) 0.0
$0 $49,814 $365,248
PARVEEN CHAND FORMER OFFICER (END 6/2022) 0.0
$0 $57,549 $1,094,752
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
2025 $1,842,207 $1,259,374 $19,227,954 $582,833
2024 $2,931,688 $1,220,461 $17,578,099 $1,711,227
2023 $1,326,605 $1,633,861 $14,871,108 $-307,256
2022 $2,186,598 $928,561 $13,561,586 $1,258,037
2021 $2,263,955 $1,359,720 $15,364,601 $904,235
2021 $2,263,955 $1,359,720 $15,364,601 $904,235
2020 $2,793,755 $2,058,185 $14,508,903 $735,570
2019 $2,115,266 $4,027,237 $15,236,436 $-1,911,971
2018 $3,326,014 $1,229,942 $16,580,412 $2,096,072
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