ASCENSION PROVIDENCE HOSPITAL

EIN: 381358212 501(c)(3) Health Care

ST LOUIS, MO

Total Revenue
$880,490,402
Total Expenses
$904,524,555
Total Assets
$477,671,514
Net Assets
$241,130,951
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Financial Trends

Organization Details

Formation Year
1922
Legal Domicile
MI
Phone
3147338000
Tax Period
2022-07-01 to 2023-06-30

ASCENSION PROVIDENCE HOSPITAL, founded in 1922, is a major nonprofit in the Health Care sector that reported $880.5M in total revenue in fiscal year 2022.

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: $703,224,370 Revenue: $869,378,294

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. Ascension Providence Hospital is a 628-bed hospital campus providing services without regard to patient race, creed, national origin, economic status, or ability to pay. During fiscal year 2023, Ascension Providence Hospital treated 33,264 adults and children for a total of 160,571 patient days of service. The hospital also provided services for 870,197 outpatient visits, which included 15,186 outpatient surgeries and 104,973 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 (2022)

Revenue Breakdown

Contributions & Grants $6,066,480
Program Service Revenue $863,177,004
Investment Income $2,285,098
Other Revenue $8,961,820
TOTAL REVENUE $880,490,402

Expense Breakdown

Grants Paid $2,329,087
Salaries & Benefits $378,875,866
Fundraising Expenses $0
Program Expenses $703,224,370
Other Expenses $523,319,602
TOTAL EXPENSES $904,524,555

Year-over-Year Comparison

2022 2021 Change
Revenue $880,490,402 $867,109,553 +0.0%
Expenses $904,524,555 $885,335,586 +0.0%
Net Income $-24,034,153 $-18,226,033 +0.3%
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
12
Independent Members
10
Employees
5258
Volunteers
336

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
$9,435,078
Total Directors
14
$7,836,015
Key Employees
3
$1,211,963
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A MINISTRY MARKET EXECUTIVE/PRESIDENT (START 1/2023) 0.0
Officer Director
$0 $37,944 $1,585,940
N/A SECRETARY/TREASURER 1.0
Officer Director
$0 $0 $0
N/A INTERIM MARKET PRESIDENT (START 8/2022 - END 12/2022) 0.0
Officer Director
$0 $54,191 $2,386,194
N/A INTERIM MARKET PRESIDENT (START 7/2022 - END 8/2022) 0.0
Officer Director
$0 $47,680 $3,857,281
N/A CHAIR 1.0
Officer Director
$0 $0 $0
N/A VICE CHAIR 1.0
Officer Director
$0 $0 $0
N/A DIRECTOR 1.0
Director
$0 $0 $0
N/A DIRECTOR 1.0
Director
$0 $0 $0
N/A DIRECTOR 1.0
Director
$0 $0 $6,600
N/A DIRECTOR 1.0
Director
$0 $0 $0
N/A DIRECTOR 1.0
Director
$0 $0 $0
N/A DIRECTOR 1.0
Director
$0 $0 $0
N/A DIRECTOR 1.0
Director
$0 $0 $0
N/A DIRECTOR 1.0
Director
$0 $0 $0
N/A CFO, MINISTRY MARKET (START 7/2022 - END 3/2023) 0.0
Officer
$0 $19,904 $333,808
N/A VP, FINANCE (END 7/2022) 0.0
Officer
$0 $33,104 $566,298
N/A CFO, MINISTRY MARKET (START 3/2023) 0.0
Officer
$0 $35,511 $705,557
N/A CHIEF NURSING OFFICER 50.0
Key Emp
$272,004 $38,443 $310,447
N/A CHIEF MEDICAL OFFICER 50.0
Key Emp
$505,535 $19,799 $525,334
N/A CHIEF OPERATING OFFICER 50.0
Key Emp
$263,957 $44,807 $376,182
N/A PHYSICIAN 50.0
Highest
$1,232,143 $40,852 $1,272,995
N/A PHYSICIAN 50.0
Highest
$880,139 $40,335 $920,474
N/A PHYSICIAN 50.0
Highest
$906,120 $40,019 $946,139
N/A PHYSICIAN 50.0
Highest
$922,746 $18,352 $941,098
N/A PHYSICIAN 50.0
Highest
$1,163,350 $41,958 $1,205,308
N/A FORMER OFFICER (END 4/2022) 0.0
$238,669 $0 $238,669
N/A FORMER OFFICER (END 6/2022) 0.0
$555,955 $42,927 $758,887
N/A FORMER KEY EMPLYOEE (END 12/2022) 50.0
$145,322 $46,053 $579,473
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 No data No data No data No data
2023 $880,490,402 $904,524,555 $477,671,514 $-24,034,153
2022 $867,109,553 $885,335,586 $487,424,324 $-18,226,033
2021 $913,742,634 $814,807,774 $516,582,982 $98,934,860
2020 $850,694,127 $779,621,955 $465,661,519 $71,072,172
2019 $780,380,739 $708,640,458 $462,590,944 $71,740,281
2018 $748,466,078 $726,938,928 $457,544,440 $21,527,150
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