ST MARTIN HOSPITAL INC

EIN: 264626264 501(c)(3) Health Care

BREAUX BRIDGE, LA

Total Revenue
$38,975,979
Total Expenses
$34,273,327
Total Assets
$72,139,549
Net Assets
$58,884,953
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
LA
Principal Officer
AL J PATIN
Phone
3375071201
Tax Period
2024-01-01 to 2024-12-31

ST MARTIN HOSPITAL INC, founded in 2009, is a mid-sized nonprofit in the Health Care sector that reported $39.0M in total revenue in fiscal year 2024. Revenue fell 24% from the prior year — a significant decline worth monitoring. Expenses of $34.3M left a modest 12% surplus.

Mission

THE ORGANIZATION PROVIDES MEDICAL CARE TO IMPROVE, MAINTAIN AND RESTORE THE HEALTH OF THE PEOPLE IN THE COMMUNITIES WE SERVE, REGARLESS OF THE PATIENTS' ABILITY TO PAY.

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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 $0
Program Service Revenue $38,930,946
Investment Income $0
Other Revenue $45,033
TOTAL REVENUE $38,975,979

Expense Breakdown

Grants Paid $11,150
Salaries & Benefits $17,276,456
Fundraising Expenses $0
Program Expenses $30,741,534
Other Expenses $16,985,721
TOTAL EXPENSES $34,273,327

Year-over-Year Comparison

2024 2023 Change
Revenue $38,975,979 $51,453,053 -0.2%
Expenses $34,273,327 $39,763,757 -0.1%
Net Income $4,702,652 $11,689,296 -0.6%
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

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
3

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
$740,840
Total Directors
6
$808,840
Key Employees
1
$400,862
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
AL J PATIN CHAIRMAN 1.00
Officer Director
$0 $59,485 $740,840
ALLEN STELLY BOARD MEMBER - NON VOTING 1.00
Director
$0 $0 $0
BECKY PATIN BOARD MEMBER - NON VOTING 1.00
Director
$0 $0 $0
BURTON DUPUIS SECRETARY-TREASURER 1.00
Officer Director
$0 $0 $0
CHESTER CEDARS BOARD MEMBER - NON VOTING 1.00
Director
$0 $0 $0
WARREN DEGATUR MD BOARD MEMBER 1.00
Director
$0 $34,000 $68,000
GLENN E DAILEY HOSPITAL CHIEF EXECUTIVE OFFICER (END 6/2023) 0.00
Key Emp
$0 $6,973 $400,862
PATRICK W GANDY FORMER CHAIRMAN 0.00
$0 $109,051 $1,218,547
KAREN O WYBLE FORMER KEY EMPLOYEE 0.00
$0 $16,496 $299,616
KIM B COLLIGAN FORMER HIGHEST COMPENSATED 0.00
$0 $32,947 $224,397
THERESA A ACOSTA FORMER HIGHEST COMPENSATED 0.00
$0 $5,111 $123,701
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 $38,975,979 $34,273,327 $72,139,549 $4,702,652
2023 $51,453,053 $39,763,757 $63,880,403 $11,689,296
2022 $47,168,290 $40,433,043 $50,324,584 $6,735,247
2021 $45,334,229 $43,710,256 $48,045,905 $1,623,973
2020 $6,586,620 $6,364,150 $43,049,986 $222,470
2019 $32,478,992 $28,264,542 $26,402,004 $4,214,450
2018 $27,344,264 $23,269,307 $20,520,111 $4,074,957
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