Seton Medical Group Inc

EIN: 392064992 501(c)(3) Health Care

ST LOUIS, MO

Total Revenue
$26,049,466
Total Expenses
$41,369,712
Total Assets
$39,439,333
Net Assets
$6,587,399
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
MD
Phone
3147338000
Tax Period
2023-07-01 to 2024-06-30

Seton Medical Group Inc, founded in 2008, is a mid-sized nonprofit in the Health Care sector that reported $26.0M in total revenue in fiscal year 2023. Revenue decreased 6% compared to the prior year. Expenses of $41.4M exceeded revenue, resulting in a 59% operating deficit.

Mission

To improve the health and well-being of all people in the communities we serve.

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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 $174,015
Program Service Revenue $25,833,401
Investment Income $0
Other Revenue $42,050
TOTAL REVENUE $26,049,466

Expense Breakdown

Grants Paid $0
Salaries & Benefits $28,067,456
Fundraising Expenses $0
Program Expenses $38,464,378
Other Expenses $13,302,256
TOTAL EXPENSES $41,369,712

Year-over-Year Comparison

2023 2022 Change
Revenue $26,049,466 $27,848,372 -0.1%
Expenses $41,369,712 $39,329,214 +0.1%
Net Income $-15,320,246 $-11,480,842 +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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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
13
Independent Members
N/A
Employees
303
Volunteers
N/A

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
$3,099,208
Total Directors
13
$5,915,123
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ASHLEY KINDER MD CHAIR/PHYSICIAN 50.0
Officer Director
$286,353 $18,038 $304,391
JOHN T ANTONIADES MD VICE CHAIR 0.0
Officer Director
$0 $56,763 $746,773
JONATHAN CONRAD D'SOUZA MD SECRETARY 0.0
Officer Director
$0 $38,429 $538,180
JOSEPH W COOK IV MD PRESIDENT (END 9/2023)/CMO, EMPLOYED CLINICIAN NETWORK (START 9/2023) 50.0
Officer Director
$509,637 $42,978 $552,615
WILLIAM B HIGGINBOTHAM DIRECTOR/PRESIDENT & CEO (START 9/2023) 0.0
Officer Director
$0 $51,050 $503,708
JENNIFER MERRILL WARNE MD DIRECTOR 0.0
Director
$0 $20,446 $267,289
KENNETH H WILLIAMS MD DIRECTOR/PHYSICIAN 50.0
Director
$501,854 $54,304 $556,158
MARY ANN SORRA MD DIRECTOR/PHYSICIAN 50.0
Director
$263,843 $37,392 $301,235
MERCY P JACKSON MD DIRECTOR/PHYSICIAN 50.0
Director
$253,161 $48,547 $301,708
MICHAEL PAUL VIETZ MD DIRECTOR 0.0
Director
$0 $41,427 $577,075
SAIRA AHMED MD DIRECTOR 0.0
Director
$0 $23,925 $380,102
SHADI BARAKAT MD DIRECTOR 0.0
Director
$0 $50,426 $345,075
SHIRALI PATEL MD DIRECTOR 0.0
Director
$0 $34,033 $540,814
MITCHELL G LOMAX CFO, MINISTRY MARKET 0.0
Officer
$0 $50,896 $453,541
ADAKU MBAGWU EZEIKE MD PHYSICIAN 50.0
Highest
$401,096 $20,496 $421,592
DOUGLAS L PINTO MD PHYSICIAN 50.0
Highest
$459,799 $47,870 $507,669
JOYCE A BONSU MD PHYSICIAN 50.0
Highest
$383,724 $42,839 $426,563
MARY R RIFINO MD PHYSICIAN 50.0
Highest
$490,809 $44,510 $535,319
ROBERT VANDENBOSCHE MD PHYSICIAN 50.0
Highest
$404,419 $47,682 $452,101
EDWARD R LOVERN FORMER BOARD OFFICER (END 5/2023) 0.0
$0 $24,114 $284,555
SCOTT M FURNISS FORMER OFFICER (END 1/2020) 0.0
$0 $50,662 $478,895
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 $26,049,466 $41,369,712 $39,439,333 $-15,320,246
2023 $27,848,372 $39,329,214 $32,453,757 $-11,480,842
2022 $26,825,476 $37,227,839 $13,676,209 $-10,402,363
2021 $27,206,078 $36,722,884 $14,923,551 $-9,516,806
2020 $22,681,174 $34,533,031 $14,461,853 $-11,851,857
2019 $24,733,765 $34,424,046 $14,547,780 $-9,690,281
2018 $23,472,729 $30,088,206 $9,183,517 $-6,615,477
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