SAINT JOSEPH MOUNT STERLING FOUNDATION INC

EIN: 272884584 501(c)(3) Health Care

LEXINGTON, KY

Total Revenue
$447,438
Total Expenses
$705,842
Total Assets
$9,675,767
Net Assets
$8,972,656
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
KY
Principal Officer
K DELAINE THIEL
Phone
8593131000
Tax Period
2023-07-01 to 2024-06-30

SAINT JOSEPH MOUNT STERLING FOUNDATION INC, founded in 2010, is a small nonprofit in the Health Care sector that reported $447K in total revenue in fiscal year 2023. Revenue decreased 16% compared to the prior year. Expenses of $706K exceeded revenue, resulting in a 58% operating deficit.

Mission

SAINT JOSEPH HOSPITAL MOUNT STERLING FOUNDATION SUPPORTS CHI SAINT JOSEPH HEALTH'S DRIVE FOR EXCELLENCE BY INSPIRING DONORS TO MAKE A TANGIBLE DIFFERENCE THROUGH THEIR PHILANTHROPIC INVESTMENT IN OUTSTANDING PATIENT CARE FACILITIES AND SERVICES, THE EDUCATION OF CAREGIVERS, ADVANCED CLINICAL RESEARCH AND IMPROVED ACCESS TO QUALITY MEDICAL CARE.

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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 $112,023
Program Service Revenue $0
Investment Income $335,415
Other Revenue $0
TOTAL REVENUE $447,438

Expense Breakdown

Grants Paid $578,436
Salaries & Benefits $0
Fundraising Expenses $11,000
Program Expenses $578,436
Other Expenses $127,406
TOTAL EXPENSES $705,842

Year-over-Year Comparison

2023 2022 Change
Revenue $447,438 $534,439 -0.2%
Expenses $705,842 $185,894 +2.8%
Net Income $-258,404 $348,545 -1.7%
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
10
Independent Members
8
Employees
N/A
Volunteers
8

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
6
$650,384
Total Directors
11
$1,954,852
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANTHONY HOUSTON MARKET CEO (THRU 6/17/24) 1.00
Director
$0 $56,741 $1,304,468
CHRISTY SPITSER INTERIM REG. PRES/TREASURER/MKT VP 1.00
Officer Director
$0 $50,157 $472,970
LESLIE SMART FORMER PRESIDENT FOUNDATIONS 0.00
$0 $14,815 $454,613
K DELAINE THIEL MARKET VP, PHILANTHROPY 10.00
Officer Director
$0 $6,318 $177,414
JESSE HODGSON VICE CHAIR 1.00
Officer Director
$0 $0 $0
REBECCA MORTON BOARD MEMBER 1.00
Director
$0 $0 $0
TRACY PEARCE BOARD MEMBER 1.00
Director
$0 $0 $0
SHERRY TAUL BOARD MEMBER 1.00
Director
$0 $0 $0
RICHELLE BACH BOARD MEMBER 1.00
Director
$0 $0 $0
LARRY COWGILL CHAIR 1.00
Officer Director
$0 $0 $0
KATHY ARMS SECRETARY 1.00
Officer Director
$0 $0 $0
ALAN VANARSDALL TREASURER 1.00
Officer 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
2025 No data No data No data No data
2024 $447,438 $705,842 $9,675,767 $-258,404
2023 $534,439 $185,894 $8,371,762 $348,545
2022 $312,907 $181,025 $8,467,433 $131,882
2021 $365,327 $310,571 $5,697,695 $54,756
2020 $395,307 $250,174 $4,354,564 $145,133
2019 $232,193 $91,624 $4,597,491 $140,569
2018 $272,937 $152,899 $4,575,827 $120,038
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