ST CLAIR DARDEN HEALTH SYSTEM

EIN: 351905251 501(c)(3) Health Care

SOUTH BEND, IN

Total Revenue
$16,103,230
Total Expenses
$19,733,653
Total Assets
$11,472,368
Net Assets
$9,183,497
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1994
Legal Domicile
IN
Principal Officer
LAUREN DAVIS
Phone
5742720100
Tax Period
2023-01-01 to 2023-12-31

ST CLAIR DARDEN HEALTH SYSTEM, founded in 1994, is a mid-sized nonprofit in the Health Care sector that reported $16.1M in total revenue in fiscal year 2023. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $19.7M exceeded revenue, resulting in a 23% operating deficit.

Mission

FORM 990 PART 1, LINE 1: TO CONSTRUCT, FURNISH, EQUIP, IMPROVE, REPAIR, AND MAINTAIN A HEALTHCARE SERVICES ORGANIZATION. TO PROMOTE EDUCATION AND SCIENTIFIC RESEARCH TOWARDS THE ADVANCEMENT OF THE TREATMENT OF DISEASE; TO PROMOTE PHYSICAL AND MENTAL HEALTH; AND TO AID AND PROMOTE THE CARE OF THE SICK, AGED, AND HELPLESS, THROUGH THE FACILITIES AND SERVICES OF THE ORGANIZATION. FROM 990 PART III, LINE 1, BRIEFLY DESCRIBE THE ORGANIZATION'S MISSION: TO ENHANCE AND ASSIST THOSE WE SERVE TO ACHIEVE THEIR DESIRED PHYSICAL, MENTAL, AND SPIRITUAL POTENTIAL AND TO REBUILD THROUGH COMPASSIONATE CARE, PURPOSEFUL AND MEANINGFUL LIVES.

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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 $900
Program Service Revenue $15,132,543
Investment Income $942,642
Other Revenue $27,145
TOTAL REVENUE $16,103,230

Expense Breakdown

Grants Paid $0
Salaries & Benefits $14,388,126
Fundraising Expenses $0
Program Expenses $18,157,408
Other Expenses $5,345,527
TOTAL EXPENSES $19,733,653

Year-over-Year Comparison

2023 2022 Change
Revenue $16,103,230 $13,494,316 +0.2%
Expenses $19,733,653 $17,539,399 +0.1%
Net Income $-3,630,423 $-4,045,083 -0.1%
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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Governance

Voting Members
9
Independent Members
9
Employees
412
Volunteers
412

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
3
$4,158
Total Directors
6
$0
Key Employees
2
$378,339
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEPHEN GAZDICK CHIEF FNCL O 40.00
Key Emp
$197,957 $3,959 $201,916
ANNE KNOUSE ADMINISTRATO 40.00
Key Emp
$172,964 $3,459 $176,423
SARA SCHMIDT DIRECTOR OF 40.00
Highest
$132,263 $2,645 $134,908
SMITH NKOSI NURSE 50.00
Highest
$133,969 $0 $133,969
LISA JAMES REGIONAL THE 40.00
Highest
$115,597 $2,312 $117,909
ROSE MAURO NURSING SUPE 50.00
Highest
$111,261 $2,225 $113,486
DUNCAN KARANJA CNA 40.00
Highest
$108,890 $0 $108,890
JOHN CERGNUL TREASURER 2.00
Officer
$4,158 $0 $4,158
CONNIE MCCAHILL BOARD MEMBER N/A
Director
$0 $0 $0
FREDERICK DEAN MD BOARD MEMBER 1.00
Director
$0 $0 $0
GAIL ENGLISH MD BOARD MEMBER 1.00
Director
$0 $0 $0
SAM MILLIGAN MD BOARD MEMBER 1.00
Director
$0 $0 $0
MICHAEL URBANSKI BOARD MEMBER 1.00
Director
$0 $0 $0
ROBERT WADE BOARD MEMBER 1.00
Director
$0 $0 $0
LAUREN DAVIS PRESIDENT 1.00
Officer
$0 $0 $0
JAMES ROGERS SECRETARY 1.00
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
2024 No data No data No data No data
2023 $16,103,230 $19,733,653 $11,472,368 $-3,630,423
2022 $13,494,316 $17,539,399 $15,467,951 $-4,045,083
2021 $17,018,170 $16,754,032 $21,453,139 $264,138
2020 $16,063,996 $17,122,578 $22,704,814 $-1,058,582
2019 $17,106,823 $16,492,325 $20,735,580 $614,498
2018 $15,066,214 $17,206,676 $20,460,406 $-2,140,462
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