St Elizabeth's Hospital of the Hospital Sisters of the Third Order of St Fr ancis

EIN: 370663567 501(c)(3) Health Care

OFallon, IL

Total Revenue
$305,431,384
Total Expenses
$303,803,288
Total Assets
$326,723,699
Net Assets
$-375,468,283
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Financial Trends

Organization Details

Formation Year
1875
Legal Domicile
IL
Phone
6182342120
Tax Period
2023-07-01 to 2024-06-30

St Elizabeth's Hospital of the Hospital Sisters of the Third Order of St Fr ancis, founded in 1875, is a major nonprofit in the Health Care sector that reported $305.4M in total revenue in fiscal year 2023.

Mission

THE MISSION OF HSHS ST. ELIZABETH'S HOSPITAL IS TO REVEAL AND EMBODY CHRIST'S HEALING LOVE FOR ALL PEOPLE THROUGH OUR HIGH QUALITY FRANCISCAN HEALTH CARE MINISTRY. IN THE PERFORMANCE OF ITS MISSION, HSHS ST. ELIZABETH'S HOSPITAL WILL FOSTER THE VALUES OF RESPECT, CARE, COMPETENCE AND JOY. RESPECT IS THE FRANCISCAN RESPECT FOR LIFE FROM CONCEPTION TO DEATH AND FOR THE DIGNITY OF EACH INDIVIDUAL PERSON. IT IS A COMMITMENT TO FREEING AND EMPOWERING EACH PERSON TO DEVELOP TO HIS OR FULL POTENTIAL. CARE EMBODIES THE CONCERN, COMPASSION, AND SENSITIVITY WITH WHICH WE CARE FOR PATIENTS, CLIENTS, EMPLOYEES AND CO-WORKERS. MANY TIMES IT IS THOUGHT OF AS BEDSIDE BEHAVIOR, BUT IT BELONGS IN BUSINESS OFFICES, CAFETERIAS AND BOARDROOMS. COMPETENCE MEANS THAT OUR WORK IS PERFORMED AND ST. ELIZABETH'S IS MANAGED WITH THE HIGHEST LEVEL OF SKILL AND ABILITY. WE ARE COMMITTED TO RECRUITING AND DEVELOPING PEOPLE WHO ARE COMPETENT IN THEIR WORK AND WHOSE VALUES REFLECT OUR OWN. OUR VALUES ARE AN INTEGRAL PART OF OUR SYSTEM'S STRATEGIC PLAN, WHICH PROVIDES THE OVERALL FRAMEWORK FOR LOCAL ACTIVITIES. JOY IS THE MANNER IN WHICH OUR EMPLOYEES AND ALL WHO JOIN US IN OUR MINISTRY SEEK TO PERFORM THEIR WORK -- THE PERSONAL FULFILLMENT OF CARING FOR OTHERS. IT IS AN ESSENTIAL INGREDIENT IN BRINGING A SENSE OF HOPE TO THOSE WHO SUFFER.

Program Service Accomplishments

Program 1
Expenses: $72,351,922 Revenue: $62,506,909

Surgical Services: HSHS St. Elizabeth's Hospital's state-of-the-art hospital provides the newest and most advanced equipment and integrated technologies. The new building also allows for future...

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Surgical Services: HSHS St. Elizabeth's Hospital's state-of-the-art hospital provides the newest and most advanced equipment and integrated technologies. The new building also allows for future medical innovations and easy upgrades in technology. With highly-trained and experienced surgeons on staff, numerous surgical and non-surgical procedures are offered in a wide range of specialties, including: cardiothoracic, orthopedic, urology, neurosurgery, podiatry, general surgery and more. The hospital has nine Operating Rooms plus an advanced Hybrid OR. Another feature is Computerized Integrated Surgery, which is a sophisticated platform that allows physicians to remotely connect through tele-surgical technology to specialized physicians during surgery for consults, assistance and education. The in-house surgical team can tele-communicate in real time through the in-light camera to a specialist to address the issue at that moment, saving time and eliminating the need for additional surgeries. The Hybrid Operating Room is a surgical theater equipped with technologically advanced imaging equipment used in high-intensity procedures, such as neurosurgeries, vascular procedures and everything in between. These imaging devices also enable minimally-invasive procedures which require imaging techniques that can visualize smaller body parts such as thin vessels in the heart muscle. Utilizing our Hybrid OR directly impacts patient safety, because everything can occur in one room - emergencies or complications can be handled in one spot without putting a patient's safety at risk to move to another operating room. St. Elizabeth's has two DaVinci Robots allowing the ability to perform surgeries with a minimally invasive approach. We are the first in the area to accomplish this. FY 2024, HSHS St. Elizabeth's Hospital performed 6,784 cases.

Program 2
Expenses: $62,381,253 Revenue: $62,635,770

Cardiac Services: HSHS St. Elizabeth's Hospital provides comprehensive cardiovascular services from diagnosis to surgery to rehabilitation and wellness. HSHS St. Elizabeth's is accredited by the...

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Cardiac Services: HSHS St. Elizabeth's Hospital provides comprehensive cardiovascular services from diagnosis to surgery to rehabilitation and wellness. HSHS St. Elizabeth's is accredited by the Society of Chest Pain Centers, a professional organization focused on improving care for patients with acute coronary syndromes and teaching the public to recognize and react to the early symptoms of a possible heart attack. HSHS St. Elizabeth's, in partnership with Prairie Heart and Vascular Institute, continues to add envelope-pushing technologies and new procedures to lead the region in heart care, including TAVR (trans aortic valve replacement). TAVR makes it possible to replace an aortic valve without opening the patient's chest. In this minimally invasive procedure, a tube is simply inserted in the groin and routed to the aorta for the valve replacement. Prairie also brought the world's smallest pacemaker, the Micra TPS, and the CardioMEMS monitoring system for heart failure patients to the region over the past year. The Electrophysiology Lab is outfitted with a low radiation dose Bi-Plane angio suite where complicated procedures can be performed to treat a full spectrum of heart arrhythmias and implant cardiac devices to serve patients with irregular heartbeats. Other services provided include cardiac catheterization, stent placement, stress testing, pacemaker, implantable cardioverter defibrillator (ICD), electrocardiography, coronary artery bypass graft (open heart) surgery and cardiac rehabilitation. During FY 2024, HSHS St. Elizabeth's Hospital performed 44,898 Cardiology procedures, 8,339 Cardiac Cath Lab procedures and had 6,606 Cardiac Rehab visits.

Program 3
Expenses: $32,940,105 Revenue: $42,219,505

Emergency Services: HSHS St. Elizabeth's Hospital Emergency Department is open around the clock to treat serious injuries or symptoms requiring emergent treatment. In an emergency, seconds matter...

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Emergency Services: HSHS St. Elizabeth's Hospital Emergency Department is open around the clock to treat serious injuries or symptoms requiring emergent treatment. In an emergency, seconds matter. HSHS St. Elizabeth's partnership with local EMS teams allows paramedics and EMTs to initiate quick alert processes for heart attack and stroke. These alerts are activated so patients can be seen quickly treated in the field and continue care at our facility. Our emergency department staff includes doctors, nurses and technicians who are specially trained in caring for patients facing life-threatening and other emergency situations. St. Elizabeth partners with Vituity to provide physician management and expertise in providing high quality care. With leading edge technology at our fingertips, we can process x-rays, CT scans and other diagnostic tests accurately and quickly, allowing faster diagnosis and treatment in a wide range of other areas, including stroke, heart attack, shortness of breath, motor vehicle and other accidents, broken bones, abdominal pain, lacerations, and mental health problems. In FY 2024, HSHS St. Elizabeth's Hospital Emergency Department had 44,365 visits and admitted 7,502. The Convenient Care in O'Fallon, an offsite facility, had 21,926 visits.

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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 $308,250
Program Service Revenue $305,411,186
Investment Income $103,063
Other Revenue $-391,115
TOTAL REVENUE $305,431,384

Expense Breakdown

Grants Paid $0
Salaries & Benefits $99,615,375
Fundraising Expenses $0
Program Expenses $240,440,420
Other Expenses $204,187,913
TOTAL EXPENSES $303,803,288

Year-over-Year Comparison

2023 2022 Change
Revenue $305,431,384 $297,184,436 +0.0%
Expenses $303,803,288 $304,298,439 0.0%
Net Income $1,628,096 $-7,114,003 -1.2%
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
9
Independent Members
8
Employees
1498
Volunteers
45

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
9
$2,087,381
Total Directors
12
$559,838
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRIAN LEMON Chair 1.0
Officer Director
$0 $0 $0
CHRIS KLAY PRESIDENT/CEO 15.0
Officer Director
$247,050 $65,738 $559,838
KEVIN MEDER Vice Chair 1.0
Officer Director
$0 $0 $0
LORRAINE CAVATAIO Vice Chair (Until 3/15/24) 1.0
Officer Director
$0 $0 $0
THOMAS DINGES Chair (Until 10/31/23) 1.0
Officer Director
$0 $0 $0
ANN MCCOLLUM Board Member 1.0
Director
$0 $0 $0
BARBARA CEMPURA Board Member 1.0
Director
$0 $0 $0
Georgia Costello PhD Board Member 1.0
Director
$0 $0 $0
Michael Hall Board Member 1.0
Director
$0 $0 $0
Sarah Gass Board Member 1.0
Director
$0 $0 $0
Scott Crouch MD Board Member 1.0
Director
$0 $0 $0
Sr MARGUERITE COOK OSF Board Member (Until 2/19/24) 1.0
Director
$0 $0 $0
Michael Scialdone Treasurer / HSHS SVP & CFO (began 01/08/24) 0.3
Officer
$0 $0 $0
Paige Toth Secretary (began 11/1/23) 4.3
Officer
$0 $66,169 $372,277
PATRICIA ALLEN CFO - CARE DELIVERY 3.0
Officer
$0 $123,627 $773,133
TODD Smart Treasurer (UNTIL 5/3/24) 0.3
Officer
$0 $66,527 $382,133
Casandra Elaine Roy Advanced Practice 40.0
Highest
$225,785 $34,494 $260,279
Dennis Clements Szurkus Jr Chief Medical Officer 40.0
Highest
$544,222 $45,739 $589,961
JASMINE JERELDS Registered Nurse - IL Regional Float 40.0
Highest
$177,709 $41,368 $288,756
REGINA F PETERSON Chief Nursing Officer 60.0
Highest
$218,239 $57,155 $275,394
Scott Ronald Johnson Perfusionist 40.0
Highest
$108,036 $21,354 $225,820
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 $305,431,384 $303,803,288 $326,723,699 $1,628,096
2023 $297,184,436 $304,298,439 $327,896,436 $-7,114,003
2022 $291,009,013 $284,699,412 $322,765,874 $6,309,601
2021 $258,720,936 $253,642,249 $356,283,253 $5,078,687
2020 $232,544,753 $260,790,047 $369,066,956 $-28,245,294
2019 $211,521,954 $234,742,681 $309,787,819 $-23,220,727
2018 $186,559,966 $224,107,555 $314,049,704 $-37,547,589
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