PROVIDENCE HEALTH & SERVICES - OREGON

EIN: 510216587 501(c)(3) Health Care

RENTON, WA

Total Revenue
$5,465,958,585
Total Expenses
$5,377,406,984
Total Assets
$4,585,546,320
Net Assets
$3,942,767,901
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Financial Trends

Organization Details

Formation Year
1986
Legal Domicile
OR
Principal Officer
ERIK WEXLER
Phone
4255253985
Tax Period
2023-01-01 to 2023-12-31

PROVIDENCE HEALTH & SERVICES - OREGON, founded in 1986, is a large national nonprofit in the Health Care sector that reported $5.5B in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion.

Mission

AS EXPRESSIONS OF GOD'S HEALING LOVE, WITNESSED THROUGH THE MINISTRY OF JESUS, WE ARE STEADFAST IN SERVING ALL, ESPECIALLY THOSE WHO ARE POOR AND VULNERABLE.

Program Service Accomplishments

Program 1
Expenses: $4,949,182,039 Revenue: $5,209,803,459

AT PROVIDENCE, WE USE OUR VOICE TO ADVOCATE FOR VULNERABLE POPULATIONS AND NEEDED REFORMS IN HEALTH CARE. WE ARE ALSO PURSUING INNOVATIVE WAYS TO TRANSFORM HEALTH CARE BY KEEPING PEOPLE HEALTHY, AND...

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AT PROVIDENCE, WE USE OUR VOICE TO ADVOCATE FOR VULNERABLE POPULATIONS AND NEEDED REFORMS IN HEALTH CARE. WE ARE ALSO PURSUING INNOVATIVE WAYS TO TRANSFORM HEALTH CARE BY KEEPING PEOPLE HEALTHY, AND MAKING OUR SERVICES MORE CONVENIENT, ACCESSIBLE AND AFFORDABLE FOR ALL. IN AN INCREASINGLY UNCERTAIN WORLD, WE ARE COMMITTED TO HIGH-QUALITY, COMPASSIONATE CARE FOR EVERYONE - REGARDLESS OF COVERAGE OR ABILITY TO PAY. WE HELP PEOPLE AND COMMUNITIES BENEFIT FROM THE BEST HEALTH CARE MODEL FOR THE FUTURE - TODAY. TOGETHER, OUR 117,000 CAREGIVERS (ALL EMPLOYEES) SERVE IN 51 HOSPITALS, 1,000 CLINICS AND A COMPREHENSIVE RANGE OF HEALTH AND SOCIAL SERVICES ACROSS ALASKA, CALIFORNIA, MONTANA, NEW MEXICO, OREGON, TEXAS AND WASHINGTON. THE PROVIDENCE FAMILY INCLUDES: -PROVIDENCE ACROSS SEVEN WESTERN STATES -COVENANT HEALTH IN WEST TEXAS -PROVIDENCE FACEY MEDICAL FOUNDATION IN LOS ANGELES, CA -KADLEC IN SOUTHEAST WASHINGTON -PACIFIC MEDICAL CENTERS IN SEATTLE, WA -SWEDISH HEALTH SERVICES IN SEATTLE, WA AS A COMPREHENSIVE HEALTH CARE ORGANIZATION, WE ARE SERVING MORE PEOPLE, ADVANCING BEST PRACTICES AND CONTINUING OUR MORE THAN 100-YEAR TRADITION OF SERVING THE POOR AND VULNERABLE. DELIVERING SERVICES ACROSS SEVEN STATES, PROVIDENCE IS COMMITTED TO TOUCHING MILLIONS OF MORE LIVES AND ENHANCING THE HEALTH OF THE AMERICAN WEST TO TRANSFORM CARE FOR THE NEXT GENERATION AND BEYOND. THROUGH COMMUNITY BENEFIT PROGRAMS AND OTHER HIGH-IMPACT INVESTMENTS, WE WORK TO ENSURE BASIC HEALTH NEEDS ARE MET AND SERVE TO REMOVE BARRIERS TO CARE, BUILD COMMUNITY RESILIENCE AND INNOVATE FOR THE FUTURE. MINISTRIES AND AFFILIATES SUPPORT ORGANIZATIONS, PROGRAMS AND INITIATIVES THAT IMPROVE HEALTH AND WELL-BEING AND INCREASE EQUITABLE ACCESS TO QUALITY CARE AT THE COMMUNITY LEVEL AND AT SCALE ACROSS SEVEN STATES. WE ARE PROUD OF OUR HISTORY AND CONTINUED COMMITMENT TO HELPING BUILD A MORE EQUITABLE, SUSTAINABLE FUTURE. OUR STEADFAST COMMITMENT TO RESPONDING TO COMMUNITY NEED IS ONE OF THE MANY WAYS MINISTRIES, AFFILIATES AND CAREGIVERS LIVE OUT OUR SHARED MISSION AND CONTINUE TO SERVE AS A VITAL SAFETY NET FOR THOSE WHO ARE VULNERABLE. FOR MORE INFORMATION GO TO: HTTPS://WWW.PROVIDENCE.ORG/ABOUT/ANNUAL-REPORT ENVIRONMENTAL, SOCIAL, AND GOVERNANCE STANDARDS PROVIDENCE CONTINUES TO EXECUTE ON OUR INTEGRATED STRATEGIC AND FINANCIAL PLAN, WHICH CLEARLY EXPRESSES OUR COMMITMENT AND ACCELERATION OF THE IMPORTANT WORK TO ADDRESS SOCIAL, RACIAL, AND ECONOMIC DISPARITIES AND REDUCE OUR CARBON FOOTPRINT IN THE COMMUNITIES WE SERVE. PROVIDENCE ADVANCES PROGRESS ON OUR CARBON NEGATIVE GOAL AND IN 2023 WE ESTIMATED THAT WE DECREASED EMISSIONS BY OVER 12 PERCENT COMPARED TO OUR 2019 BASELINE. IN ADDITION, OUR EFFORTS LED TO THE INTRODUCTION OF THE GREEN HOSPITALS ACT, LEGISLATION MODELED AFTER PROVIDENCE THAT WOULD PROVIDE CRITICAL FEDERAL FUNDING TO WEATHERIZE AND MODERNIZE HEALTH CARE FACILITIES. PROVIDENCE COMPLETED A COMPREHENSIVE CLIMATE RESILIENCE PLAN IN ALIGNMENT WITH OUR COMMITMENT TO THE US DEPARTMENT OF HEALTH AND HUMAN SERVICES CLIMATE PLEDGE. WE CONTINUE TO REDUCE GREENHOUSE GAS EMISSIONS WITH A FOCUS ON LED LIGHTING UPGRADES, WATER CONSERVATION, MORE EFFICIENT DELIVERY OF NITROUS OXIDE GAS DURING ANESTHESIA, AND ADVANCING OUR WASTE OPTIMIZATION WORK ACROSS ALL HOSPITALS AND CLINICS. 2023 PROGRAM SERVICE ACCOMPLISHMENTSIN 2023, PROVIDENCE OREGON CONTINUED ITS TRADITION OF COMPASSION AND DEDICATION TO OUR COMMUNITIES BY INVESTING TO ADDRESS COMMUNITY NEEDS.KEY EFFORTS FOCUSED ON ADDRESSING ACCESS TO CARE, IMPROVING BEHAVIORAL HEALTH, REDUCING AND CARING FOR CHRONIC CONDITIONS AND HEALTH-RELATED SOCIAL DETERMINANTS TO HELP PEOPLE GAIN STABLE HOUSING, NUTRITIOUS FOOD, LIVING-WAGE JOBS AND DEPENDABLE TRANSPORTATION.HELPING VULNERABLE PATIENTS GET CAREPROVIDENCE CONTINUED ITS LONGSTANDING PARTNERSHIP WITH MEDICAL TEAMS INTERNATIONAL TO PROVIDE MOBILE DENTAL SERVICES IN CLATSOP COUNTY, AIMING TO EXPAND ORAL HEALTH ACCESS EACH YEAR THROUGH OFFERING MORE CLINICS. THE MOBILITY OF MTI DENTAL CLINICS IS A KEY ELEMENT OF THE PROGRAM ALLOWING MTI TO SUCCESSFULLY PARTNER WITH PROVIDENCE, TRAVELING TO THE UNDERSERVED POPULATIONS WHO ARE HARDEST TO REACH YET NEED HELP THE MOST.PSH EXECUTIVES CONTINUE TO BE ENGAGED WITH COLUMBIA PACIFIC CCO, HELPING TO CRAFT STRATEGIES FOR QUALITY AND ACCESS TO ALL PEOPLE WITHIN THE SERVICE AREA.SUPPORTING BEHAVIORAL HEALTHPROVIDENCE CONTINUES TO OPERATE THE BETTER OUTCOMES THRU BRIDGES (BOB) PROGRAM FOCUSING ON SERVING SOME OF OUR COMMUNITY'S MOST VULNERABLE AND UNDERSERVED HOUSELESS INDIVIDUALS AND FAMILIES. BOB'S GOAL IS TO EMPOWER INDIVIDUALS ON THEIR JOURNEY TOWARD BETTER WELL-BEING BY ENGAGING WITH COMPASSION, DIGNITY AND INTEGRITY. USING OUR OWN COLLABORATIVE COMMUNITY APPROACH MODEL OF CARE, THE BOB TEAM WALKS ALONGSIDE CLIENTS TO HELP EASE THEIR WAY, LITERALLY AND FIGURATIVELY MEETING CLIENTS IN THEIR OWN ENVIRONMENT. WE ARE ALWAYS FOCUSED ON WORKING COLLABORATIVELY WITH OUR COMMUNITY PARTNERS AND DEVELOPING INCLUSIVE RELATIONSHIPS THAT SERVE ENTIRE COMMUNITIES IN WHICH WE WORK.SUPPORTING ECONOMIC SECURITY AND CAPACITY BUILDINGOVER 70 LEADERS ACROSS SECTORS CAME TOGETHER TO ADDRESS UNMET CHILDCARE NEEDS ACROSS CLATSOP COUNTY, INCLUDING PROVIDENCE WHO CONTRIBUTED $100,000 TO RETAINING AND EXPANDING CHILDCARE PROVIDERS. THE INITIATIVE AIMS TO CREATE GREATER ACCESS AND AFFORDABILITY FOR DIVERSE FAMILY INCOME LEVELS, IMPROVE CULTURALLY RESPONSIVE SERVICES, AND SUPPORT CHILDCARE PROVIDERS WITH PROFESSIONAL DEVELOPMENT. IN THE FIRST SIX MONTHS, THEY HAVE ALREADY INCREASED CAPACITY BY 36%, ADDING 137 CHILDCARE SLOTS FOR KIDS UP TO AGE 12.HEALTH RELATED SOCIAL NEEDSPROVIDENCE FUNDED HELPING HANDS RENTRY OUTREACH CENTERS, PROVIDING ASSISTANCE TOWARDS A MORE SUSTAINABLE LIFE THROUGH RESOURCES, RECOVERY AND REENTRY. THE PROGRAM IS TRAUMA INFORMED, DATA-DRIVEN, AND PERSON CENTERED. HELPING HANDS SERVES MEN, WOMEN AND CHILDREN THAT ARE HOMELESS AND READY TO MAKE A CHANGE IN THEIR LIVES.ADDITIONALLY, PROVIDENCE HAS BEEN AN ONGOING SUPPORTER OF CLATSOP COMMUNITY ACTION (CCA). CCA'S CONTINUUM OF CARE (COC) HOUSING PROGRAMS ARE SUPPORTIVE HOUSING PROGRAMS THAT ASSIST LOW-INCOME FAMILIES AND INDIVIDUALS WITH ONGOING RENT ASSISTANCE AND SUPPORTIVE SERVICES. CLATSOP COMMUNITY ACTION HAS 5 COC PROGRAMS, THAT ASSIST HOMELESS YOUTH CLIENTS, CHRONICALLY HOMELESS FAMILIES, FAMILIES WITH DISABILITIES, AND FAMILIES AND INDIVIDUALS FLEEING DOMESTIC VIOLENCE SITUATIONS. PROGRAM PARTICIPANTS WILL RECEIVE CLIENT TAILORED CASE MANAGEMENT BY CCA CASE MANAGERS, INCLUDING, BUT NOT LIMITED TO THE FOLLOWING: WRAP AROUND SERVICES, EMPLOYMENT REFERRAL AND SUPPORT, DOMESTIC VIOLENCE SUPPORT GROUPS AND REFERRAL, SNAP, TANF, GENERAL ASSISTANCE AND OTHER PROGRAMS PROVIDED BY DHS, VETERAN SERVICES, MENTAL HEALTH REFERRAL AND ENERGY ASSISTANCE.WE HAVE CONTINUED THE COMMITMENT TO THE COMMUNITY RESOURCE DESK PARTNERSHIP WITH CLATSOP COMMUNITY ACTION, CO-LOCATING STAFF ON THE PROVIDENCE SEASIDE HOSPITAL CAMPUS. THE 1.0 FTE COMMUNITY RESOURCE SPECIALIST, EMPLOYED BY CCA, PROVIDES SOCIAL SUPPORT AND SAFETY NET SERVICES THROUGH THE COMMUNITY RESOURCE DESK. THE CRD ASSISTS INDIVIDUALS AND FAMILIES WHO ARE IN NEED OF SUPPORT TO GET CONNECTED WITH COMMUNITY RESOURCES. IT IS FREE, CONFIDENTIAL AND OPEN TO ANYONE WHO APPROACHES THE DESK (STAFFED BY BILINGUAL SPANISH/ENGLISH SPEAKERS).FOR MOR INFORMATION GO TO: HTTPS://WWW.PROVIDENCE.ORG/ABOUT/ANNUAL-REPORT/OREGON

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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 $99,868,788
Program Service Revenue $4,665,896,853
Investment Income $147,547,253
Other Revenue $552,645,691
TOTAL REVENUE $5,465,958,585

Expense Breakdown

Grants Paid $8,366,150
Salaries & Benefits $2,210,148,521
Fundraising Expenses $4,004,093
Program Expenses $4,949,182,039
Other Expenses $3,158,892,313
TOTAL EXPENSES $5,377,406,984

Year-over-Year Comparison

2023 2022 Change
Revenue $5,465,958,585 $4,872,160,194 +0.1%
Expenses $5,377,406,984 $4,930,212,055 +0.1%
Net Income $88,551,601 $-58,051,861 -2.5%
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
11
Independent Members
11
Employees
25361
Volunteers
3060

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
5
$13,545,550
Total Directors
11
$405,151
Key Employees
6
$10,141,588
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ERIK WEXLER PRESIDENT/CEO 0.50
Officer
$0 $461,693 $5,616,067
LISA VANCE FRMR KE - EVP REGIONAL CE OR 0.00
$0 $46,816 $4,376,735
GREG HOFFMAN EVP & CFO/TREASURER 0.50
Officer
$0 $334,955 $3,539,549
JO ANN ESCASA-HAIGH FRMR EVP/ASSISTANT TREASURER 0.00
$0 $10,754 $3,302,551
JOEL GILBERTSON DIVISION CHIEF EXEC - CENTRAL 16.00
Key Emp
$0 $333,262 $3,167,071
ANNA NEWSOM EVP & CHIEF LEGAL OFFICER/SECRETARY 1.00
Officer
$0 $412,545 $2,329,749
WILLIAM OLSON CHIEF EXEC OREGON REGION 55.00
Key Emp
$0 $257,958 $1,897,547
SCOTT O'BRIEN DIVISION COO - CENTRAL 14.00
Key Emp
$0 $208,371 $1,781,484
ERIN ALLEN PHYSICIAN 50.00
Highest
$1,349,089 $164,506 $1,513,595
ERIC KIRKER PHYSICIAN 50.00
Highest
$1,161,541 $131,354 $1,292,895
KRISTA FARNHAM CE OR E DIV-PROV PORTLAND 55.00
Key Emp
$0 $189,273 $1,192,054
GARY OTT PHYSICIAN 50.00
Highest
$1,022,631 $112,607 $1,135,238
DANIEL OSERAN PHYSICIAN EXECUTIVE 50.00
Highest
$1,004,458 $111,961 $1,116,419
JIM WATSON ESQ ASSISTANT SECRETARY 0.50
Officer
$0 $146,931 $1,115,622
JENNIFER BURROWS CE OR W DIV-PROV ST VINCENT 55.00
Key Emp
$0 $162,328 $1,104,925
KEVIN KOOMALSINGH PHYSICIAN 50.00
Highest
$1,004,429 $78,903 $1,083,332
MELISSA DAMM DIVISION CFO - CENTRAL 14.00
Key Emp
$0 $117,526 $998,507
JIM MARTIN ASSISTANT TREASURER (PART YEAR) 1.00
Officer
$0 $115,635 $944,563
JOHN WHIPPLE FRMR SECRETARY 0.00
$0 $0 $541,701
DONALD ANDERSON JR ASSISTANT SECRETARY FOR ENROLLMENT 0.50
$0 $30,846 $323,721
MARY LYONS PHD DIRECTOR 0.50
Director
$0 $0 $100,085
MICHAEL MURPHY BOARD CHAIR 1.00
Director
$0 $0 $75,066
CHARLES SORENSON MD DIRECTOR 0.50
Director
$0 $0 $50,000
ISIAAH CRAWFORD PHD DIRECTOR 0.50
Director
$0 $0 $50,000
RICHARD BLAIR DIRECTOR 0.50
Director
$0 $0 $50,000
ERIC SPRUNK DIRECTOR 0.50
Director
$0 $0 $40,000
MARY BETH KINGSTON DIRECTOR 0.50
Director
$0 $0 $40,000
MARVIN O'QUINN DIRECTOR (PART YEAR) 0.50
Director
$0 $0 $0
SISTER CAROL PACINI LCM DIRECTOR 0.50
Director
$0 $0 $0
SISTER DIANE HEJNA CSJ RN DIRECTOR 0.50
Director
$0 $0 $0
SISTER PHYLLIS HUGHES RSM DRPH DIRECTOR 0.50
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
2024 No data No data No data No data
2023 $5,465,958,585 $5,377,406,984 $4,585,546,320 $88,551,601
2022 $4,872,160,194 $4,930,212,055 $4,542,273,072 $-58,051,861
2021 $4,590,183,135 $4,437,953,032 $4,711,363,091 $152,230,103
2020 $4,282,345,099 $4,040,896,235 $4,312,945,700 $241,448,864
2019 $3,823,805,405 $2,877,359,644 $3,628,229,547 $946,445,761
2019 $3,807,476,313 $3,497,719,600 $3,625,255,854 $309,756,713
2018 $3,552,769,730 $2,693,443,804 $3,436,424,930 $859,325,926
2018 $3,537,001,676 $3,341,313,316 $3,344,007,057 $195,688,360
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