Presence Central and Suburban Hospitals Network

EIN: 364195126 501(c)(3) Health Care

ST LOUIS, MO

Total Revenue
$255,990,346
Total Expenses
$619,879,111
Total Assets
$161,157,752
Net Assets
$-30,639,103
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1997
Legal Domicile
IL
Phone
3147338000
Tax Period
2024-07-01 to 2025-06-30

Presence Central and Suburban Hospitals Network, founded in 1997, is a major nonprofit in the Health Care sector that reported $256.0M in total revenue in fiscal year 2024. Revenue fell 68% from the prior year — a significant decline worth monitoring. Expenses of $619.9M exceeded revenue, resulting in a 142% operating deficit.

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: $474,956,357 Revenue: $507,687,486

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. PRESENCE CENTRAL AND SUBURBAN HOSPITALS NETWORK OPERATED 4 ACUTE CARE HOSPITALS. ST. MARY'S HOSPITAL IS A 178-BED HOSPITAL CAMPUS PROVIDING SERVICES WITHOUT REGARD TO PATIENT RACE, CREED, NATIONAL ORIGIN, ECONOMIC STATUS, OR ABILITY TO PAY. DURING FY25, ST. MARY'S HOSPITAL TREATED 3,140 ADULTS AND CHILDREN FOR A TOTAL OF 13,090 PATIENT DAYS OF SERVICE. THE HOSPITAL ALSO PROVIDED SERVICES FOR 20,065 OUTPATIENT VISITS, WHICH INCLUDED 2,001 OUTPATIENT SURGERIES AND 18,064 EMERGENCY ROOM VISITS. ST. JOSEPH MEDICAL CENTER IS A 478-BED HOSPITAL CAMPUS PROVIDING SERVICES WITHOUT REGARD TO PATIENT RACE, CREED, NATIONAL ORIGIN, ECONOMIC STATUS, OR ABILITY TO PAY. DURING FY25, ST. JOSEPH MEDICAL CENTER TREATED 9,310 ADULTS AND CHILDREN FOR A TOTAL OF 50,685 PATIENT DAYS OF SERVICE. THE HOSPITAL ALSO PROVIDED SERVICES FOR 32,932 OUTPATIENT VISITS, WHICH INCLUDED 2,782 OUTPATIENT SURGERIES AND 30,150 EMERGENCY ROOM VISITS. ST. JOSEPH HOSPITAL - ELGIN IS A 184-BED HOSPITAL CAMPUS PROVIDING SERVICES WITHOUT REGARD TO PATIENT RACE, CREED, NATIONAL ORIGIN, ECONOMIC STATUS, OR ABILITY TO PAY. DURING FY25, ST. JOSEPH HOSPITAL - ELGIN TREATED 2,898 ADULTS AND CHILDREN FOR A TOTAL OF 18,199 PATIENT DAYS OF SERVICE. THE HOSPITAL ALSO PROVIDED SERVICES FOR 16,876 OUTPATIENT VISITS, WHICH INCLUDED 1,322 OUTPATIENT SURGERIES AND 15,554 EMERGENCY ROOM VISITS. MERCY MEDICAL CENTER IS A 267-BED HOSPITAL CAMPUS PROVIDING SERVICES WITHOUT REGARD TO PATIENT RACE, CREED, NATIONAL ORIGIN, ECONOMIC STATUS, OR ABILITY TO PAY. DURING FY25, MERCY MEDICAL CENTER TREATED 4,405 ADULTS AND CHILDREN FOR A TOTAL OF 21,399 PATIENT DAYS OF SERVICE. THE HOSPITAL ALSO PROVIDED SERVICES FOR 23,176 OUTPATIENT VISITS, WHICH INCLUDED 1,044 OUTPATIENT SURGERIES AND 22,132 EMERGENCY ROOM VISITS. SEE SCHEDULE H FOR A NON-EXHAUSTIVE LIST OF COMMUNITY BENEFIT PROGRAMS AND DESCRIPTIONS.

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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 $4,939,125
Program Service Revenue $507,453,826
Investment Income $-268,733,067
Other Revenue $12,330,462
TOTAL REVENUE $255,990,346

Expense Breakdown

Grants Paid $42,932,808
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $474,956,357
Other Expenses $576,946,303
TOTAL EXPENSES $619,879,111

Year-over-Year Comparison

2024 2023 Change
Revenue $255,990,346 $807,242,616 -0.7%
Expenses $619,879,111 $918,834,623 -0.3%
Net Income $-363,888,765 $-111,592,007 +2.3%
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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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
8
Independent Members
6
Employees
N/A
Volunteers
392

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
$4,043,177
Total Directors
10
$2,971,043
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JUDGE JOHN D TOURTELOT VICE CHAIR 1.0
Officer Director
$0 $0 $0
POLLY DAVENPORT Director/President & CEO, ASCENSION ILLINOIS 0.0
Officer Director
$0 $51,960 $2,317,987
CHRISTOPHER A D'AGOSTINO DO DIRECTOR 0.0
Director
$0 $59,770 $653,056
GARY R LIPINSKI MD DIRECTOR 1.0
Director
$0 $0 $0
JAY BERGMAN DIRECTOR 1.0
Director
$0 $0 $0
MARGARET WADE MD DIRECTOR 1.0
Director
$0 $0 $0
MARK HANSON ESQ DIRECTOR (END 3/2025) 1.0
Director
$0 $0 $0
MICHELLE JOHNSTON RN DIRECTOR 1.0
Director
$0 $0 $0
PATRICIA SZPESKOWSKI APRN DIRECTOR (END 3/2025) 1.0
Director
$0 $0 $0
THOMAS PALMER DIRECTOR 1.0
Director
$0 $0 $0
ANDREW LANE CFO, MINISTRY MARKET (END 2/2025) 0.0
Officer
$0 $42,170 $634,596
DANA L GILBERT PRESIDENT (END 4/2025) 0.0
Officer
$0 $48,115 $659,339
JULIE P ROKNICH SECRETARY 0.0
Officer
$0 $38,100 $431,255
TRAVIS GREGORY STRATEGIER CFO, ASCENSION ILLINOIS (START 3/2025) 0.0
Officer
$0 $0 $0
RICHARD DOUGLAS CARTER FORMER OFFICER (END 6/2024) 0.0
$0 $30,961 $1,772,591
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 $255,990,346 $619,879,111 $161,157,752 $-363,888,765
2024 $807,242,616 $918,834,623 $529,963,523 $-111,592,007
2023 $825,160,573 $875,395,401 $476,373,472 $-50,234,828
2022 $845,027,014 $845,348,079 $505,038,229 $-321,065
2021 $823,750,167 $822,946,634 $499,174,236 $803,533
2020 $798,952,140 $848,489,380 $520,201,301 $-49,537,240
2019 $831,283,955 $802,032,734 $430,679,416 $29,251,221
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