SSM-SLUH INC

EIN: 474196634 501(c)(3) 501(c)(3) Corporation

12800 CORPORATE HILL DRIVE, ST LOUIS, MO, 63131

Total Revenue
$855,894,157
Total Expenses
$887,804,499
Total Assets
$724,347,104
Net Assets
$-4,387,812

Tuckman-Chang Vulnerability Assessment

Research-Based

Academic framework for nonprofit financial sustainability (Tuckman & Chang, 1991)

Equity Deficiency
0.00
⚠ Vulnerable — <3 mo. reserves
Revenue Concentration
0.98
⚠ High Risk — Concentrated
Admin Flexibility
0.0%
⚠ Too Lean — No room to cut
Operating Sustainability
-3.7%
⚠ Deficit — Unsustainable
Overall Vulnerability Assessment
Based on 4 vulnerability indicators
⚠ HIGH RISK
4/4 flags
Equity deficiency (<0.25) 🚩 Flagged
Revenue concentration (>0.60) 🚩 Flagged
Admin too lean (<10%) 🚩 Flagged
Operating deficit (<0%) 🚩 Flagged

About: The Tuckman-Chang framework identifies four key indicators of financial vulnerability. 0 flags = low risk, 1–2 = moderate risk, 3–4 = high risk. Validated across thousands of nonprofits since 1991.

Learn more about the Tuckman-Chang methodology →

Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
MO
Principal Officer
STEVEN SCOTT
Phone
3149947800
Tax Period
January 2023 - December 2023

SSM-SLUH INC is a 501(c)(3) with EIN 474196634, based in 12800 CORPORATE HILL DRIVE, ST LOUIS, MO, 63131. Founded in 2015, the organization files IRS Form 990 and reported its most recent data for fiscal year 2023. In that period, it reported $855,894,157 in total revenue and $887,804,499 in total expenses, with net assets of $-4,387,812. Its Trantor Score is 538 (Poor), reflecting its financial health based on liquidity, solvency, and operational efficiency.

Mission

OPERATES AN ACADEMIC MEDICAL CENTER IN ST. LOUIS, MISSOURI THAT SERVES AS THE TEACHING HOSPITAL FOR THE ST. LOUIS UNIVERSITY SCHOOL OF MEDICINE.

Trantor Score

Financial Health & Payment Capacity Assessment

Score based on: Liquidity (40%), Solvency (30%), Sustainability (20%), Efficiency (10%)

538
Poor
High Risk
FICO Scale: 300–850

Liquidity (40%)
0.49
+107 pts
Solvency (30%)
0.35
+57 pts
Sustainability (20%)
0.38
+41 pts
Efficiency (10%)
0.59
+32 pts
Learn more about the Trantor Score methodology →

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $249,343
Program Service Revenue $846,945,338
Investment Income $18,582
Other Revenue $8,680,894
TOTAL REVENUE $855,894,157

Expense Breakdown

Grants Paid $495,437
Salaries & Benefits $199,081,292
Fundraising Expenses $0
Program Expenses $785,496,139
Other Expenses $688,227,770
TOTAL EXPENSES $887,804,499

Year-over-Year Comparison

2023 2022 Change
Revenue $855,894,157 $824,291,418 +3.8%
Expenses $887,804,499 $828,735,854 +7.1%
Net Income $-31,910,342 $-4,444,436 -618.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required

Financial Health Indicators

Financial Distress Indicator (Altman Z-Score)
⚠ Gray Zone — Moderate risk, monitor closely
1.19
>2.6 safe · 1.1–2.6 gray · <1.1 distress

Learn about the Altman Z-Score methodology adapted for nonprofits →

Liquidity & Cash Position

Current Ratio
2.75
Target: >2.0 is healthy
Cash Reserve
0.0
Months of expenses covered
Cash to Assets
0.0%
Liquid asset ratio
Working Capital
$101,916,091
Current assets − liabilities

Solvency & Debt Position

Solvency Ratio
0.99
Assets / Liabilities (>1 is solvent)
Debt Ratio
100.6%
Liabilities / Assets (lower is better)

Revenue Sustainability & Diversification

Self-Sufficiency
99.0%
Program revenue / Total revenue
Donation Dependence
0.0%
Contributions / Total revenue
Revenue Concentration
99.0%
Largest source (lower = more diverse)

Operational Performance

Admin Efficiency
0.0%
Target: 10–20% is optimal
Asset Turnover
1.18x
Revenue / Assets
Expense Coverage
-0.1
Months can operate w/o income
Surplus Margin
-3.7%
Net income / Revenue

Growth Indicators

Net Assets Growth
-116.4%
Year-over-year change

Governance

Voting Members
9
Independent Members
7
Employees
2962
Volunteers
164

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
7
$12,564,357
Total Directors
9
$2,864,090
Key Employees
4
$1,780,432
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JAN CERNY DIRECTOR, VICE CHAIRPERSON 1.00
Officer Director
$0 $0 $0
JEREMY FOTHERINGHAM CHAIRPERSON, PRESIDENT, REGIONAL PRESIDENT - ST. L 1.00
Officer Director
$0 $687,586 $1,813,400
SNEHAL GANDHI MD DIRECTOR 1.00
Director
$0 $0 $0
DENNIS HARMS DIRECTOR 1.00
Director
$0 $0 $0
CHRISTINE JACOBS DIRECTOR, ACTING DEAN, INTERIM VP MEDICAL AFFAIRS 1.00
Director
$0 $0 $0
TIM JOHNSON DIRECTOR, SYSTEM VP MEDICAL GROUP & POP HEALTH OPS 1.00
Director
$0 $300,989 $1,050,690
DOUGLASS PETTY DIRECTOR 1.00
Director
$0 $0 $0
STEPHEN SMITH DIRECTOR 1.00
Director
$0 $0 $0
JOSEPH YANCEY DIRECTOR 1.00
Director
$0 $0 $0
STEVE SMOOT VICE PRESIDENT, COO OF SSM HEALTH 1.00
Officer
$0 $1,204,489 $3,258,847
RANDY COMBS TREASURER, CFO AT SSM HEALTH 1.00
Officer
$0 $1,238,074 $3,420,428
DOUGLAS LONG SECRETARY, GENERAL COUNSEL AT SSM HEALTH 1.00
Officer
$0 $777,013 $2,202,252
EILEEN LAMM SYSTEM VP, FINANCE (MO/ILL) 1.00
Officer
$0 $204,353 $720,702
STEVEN SCOTT HOSPITAL PRESIDENT SSM-SLUH 50.00
Officer
$864,967 $283,761 $1,148,728
MISTY JONES VICE PRESIDENT - COO 40.00
Key Emp
$0 $179,264 $670,764
KATE MARTIN VICE PRESIDENT - OPERATIONS 40.00
Key Emp
$0 $78,353 $295,804
KELLY BAUMER VICE PRESIDENT - CLINICAL SERVICES 40.00
Key Emp
$296,654 $75,631 $372,285
RITA FOWLER VP-PATIENT CARE SERVICES, CHIEF NURSING OFFICER 40.00
Key Emp
$337,925 $103,654 $441,579
HOSEA SSESANGA RN 40.00
Highest
$399,407 $31,977 $431,384
JOSEPH KISTER MANAGER - ADVANCED ANESTHESIA PROVIDERS 40.00
Highest
$304,234 $45,670 $349,904
KAREN GOFTON RN - CHARGE NURSE 40.00
Highest
$298,082 $35,260 $333,342
ALICIA ALTOMARI RN - ADMINISTRATIVE SUPERVISOR 40.00
Highest
$295,423 $29,891 $325,314
YINGJIE REN CLINICAL PHARMACIST 40.00
Highest
$285,899 $34,978 $320,877
LAURA KAISER FORMER OFFICER, PRESIDENT & CO AT SSM HEALTH 0.00
$0 $3,002,313 $7,646,448
KAREN REWERTS FORMER OFFICER, SYSTEM VP FINANCE 0.00
$0 $287,514 $1,088,845
JENNIFER GARNICA FORMER KEY EMPLOYEE, RN 0.00
$0 $57,375 $314,511
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 $855,894,157 $887,804,499 $724,347,104 $-31,910,342
2022 $824,291,418 $828,735,844 $739,037,071 $-4,444,426
2021 $750,117,569 $738,801,201 $715,816,844 $11,316,368
2020 $639,922,510 $664,042,126 $721,850,169 $-24,119,616
2019 $598,184,941 $612,743,013 $684,534,266 $-14,558,072
2018 $545,392,232 $575,694,866 $417,690,559 $-30,302,634
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