ST VINCENT FOUNDATION

EIN: 510169537 501(c)(3) Health Care

PHOENIX, AZ

Total Revenue
$3,143,245
Total Expenses
$5,526,817
Total Assets
$34,448,210
Net Assets
$32,408,079
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1975
Legal Domicile
AR
Principal Officer
DR WILLIAM G JONES
Phone
5015522380
Tax Period
2024-07-01 to 2025-06-30

ST VINCENT FOUNDATION, founded in 1975, is a community nonprofit in the Health Care sector that reported $3.1M in total revenue in fiscal year 2024. Revenue surged 60% from the prior year, signaling strong growth momentum. Expenses of $5.5M exceeded revenue, resulting in a 76% operating deficit.

Mission

AS AN AFFILIATE OF COMMONSPIRIT HEALTH, WE MAKE THE HEALING PRESENCE OF GOD KNOWN IN OUR WORLD BY IMPROVING THE HEALTH OF THE PEOPLE WE SERVE, ESPECIALLY THOSE WHO ARE VULNERABLE, WHILE WE ADVANCE SOCIAL JUSTICE FOR ALL.

Program Service Accomplishments

Program 1
Expenses: $5,503,323 Revenue: $0

ST. VINCENT FOUNDATION WAS INCORPORATED AS A 509(A)(3), TAX-EXEMPT, CHARITABLE SUPPORTING ORGANIZATION OF ST. VINCENT INFIRMARY MEDICAL CENTER ("SVIMC") IN 1975 TO SERVE AS THE OFFICIAL...

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ST. VINCENT FOUNDATION WAS INCORPORATED AS A 509(A)(3), TAX-EXEMPT, CHARITABLE SUPPORTING ORGANIZATION OF ST. VINCENT INFIRMARY MEDICAL CENTER ("SVIMC") IN 1975 TO SERVE AS THE OFFICIAL GIFT-RECEIVING AND GIFT-ADMINISTRATION AGENCY FOR SVIMC IN CENTRAL ARKANSAS. IT IS THE MISSION OF ST. VINCENT FOUNDATION TO ENSURE THAT SVIMC HAS THE CHARITABLE AND COMMUNITY RESOURCES NECESSARY TO SUSTAIN ITS MINISTRIES THAT ENHANCE THE HEALTH OF THOSE WE SERVE THROUGH REVERENCE, INTEGRITY, COMPASSION AND EXCELLENCE. THROUGH THE CHARITABLE CONTRIBUTIONS OF ARKANSANS AROUND THE STATE, ST. VINCENT FOUNDATION IS ABLE TO HELP SUPPORT THE HOSPITALS, CLINICS AND COMMUNITY OUTREACH PROGRAMS OF SVIMC. ST. VINCENT FOUNDATION'S CURRENT THREE MEMBER STAFF AND BOARD OF DIRECTORS RAISE FUNDS THROUGH SPECIAL EVENTS, ANNUAL GIVING, MAJOR GIFTS, PLANNED GIVING, CORPORATE/FOUNDATION GRANTS AND CAPITAL CAMPAIGNS TO HELP FUND VIRTUALLY EVERY HEALTH CARE PROGRAM, PROJECT AND COMMUNITY OUTREACH SERVICE OFFERED BY THE HOSPITALS, CARE CENTERS AND CLINICS OF SVIMC. IN FISCAL YEAR 2025, THE FOUNDATION RAISED OVER $5.8 MILLION FOR THESE PURPOSES. THE FOUNDATION CURRENTLY MAINTAINS RESERVE ASSETS OF APPROXIMATELY $32.4 MILLION.

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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 $1,367,821
Program Service Revenue $0
Investment Income $1,785,345
Other Revenue $-9,921
TOTAL REVENUE $3,143,245

Expense Breakdown

Grants Paid $5,255,004
Salaries & Benefits $0
Fundraising Expenses $7,193
Program Expenses $5,503,323
Other Expenses $271,813
TOTAL EXPENSES $5,526,817

Year-over-Year Comparison

2024 2023 Change
Revenue $3,143,245 $1,961,610 +0.6%
Expenses $5,526,817 $719,115 +6.7%
Net Income $-2,383,572 $1,242,495 -2.9%
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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Governance

Voting Members
17
Independent Members
15
Employees
N/A
Volunteers
12

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
$1,791,234
Total Directors
18
$1,318,851
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANTHONY HOUSTON FORMER SVHS PRESIDENT 0.00
$0 $64,890 $1,767,367
TROY HAMMETT FORMER DIV SVP CFO 0.00
$0 $58,742 $1,429,897
CHAD ADUDDELL MARKET PRESIDENT 1.00
Officer Director
$0 $59,719 $1,187,782
JOSHUA SZOSTEK MARKET VP OPERATIONAL FINANCE 5.00
Officer
$0 $46,416 $367,287
KATHY TAYLOR MKT VP PHILANTHROPY 1.00
Officer
$0 $24,390 $236,165
MICHAEL MILLARD BOARD MEMBER/MARKET DIRECTOR MISSION 1.00
Director
$0 $32,740 $131,069
SUSAN BLAIR CHAIR 1.00
Officer Director
$0 $0 $0
RAY DILLON BOARD MEMBER 1.00
Director
$0 $0 $0
RICK FLEETWOOD BOARD MEMBER 1.00
Director
$0 $0 $0
ELIZA GAINES BOARD MEMBER/CO-CHAIR 1.00
Officer Director
$0 $0 $0
DENISE HANSON BOARD MEMBER 1.00
Director
$0 $0 $0
WENDY SAER TREASURER 1.00
Officer Director
$0 $0 $0
ROBERT SEAY BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN COGAN WADE BOARD MEMBER 1.00
Director
$0 $0 $0
KIRBY WILLIAMS BOARD MEMBER (THRU 12/24) 1.00
Director
$0 $0 $0
ALLISON ANTHONY BOARD MEMBER 1.00
Director
$0 $0 $0
MEGHAN COLLINS BOARD MEMBER 1.00
Director
$0 $0 $0
JACK GROBMYER BOARD MEMBER 1.00
Director
$0 $0 $0
FRANK KUMPURIS BOARD MEMBER 1.00
Director
$0 $0 $0
GEORGE MAKRIS III BOARD MEMBER 1.00
Director
$0 $0 $0
BARRETT NORTON BOARD MEMBER 1.00
Director
$0 $0 $0
LARRY LEVI BOARD MEMBER 1.00
Director
$0 $0 $0
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 $3,143,245 $5,526,817 $34,448,210 $-2,383,572
2024 $1,961,610 $719,115 $34,956,505 $1,242,495
2023 $1,400,321 $3,128,270 $32,511,561 $-1,727,949
2022 $4,464,850 $3,076,057 $38,140,250 $1,388,793
2021 $4,188,968 $3,247,090 $38,190,594 $941,878
2020 $3,113,390 $3,457,014 $33,031,505 $-343,624
2019 $5,651,035 $4,824,962 $39,279,090 $826,073
2018 $3,374,036 $1,149,452 $35,164,694 $2,224,584
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