St Lukes Hospital

EIN: 560554222 501(c)(3) Health Care

Columbus, NC

Total Revenue
$50,420,906
Total Expenses
$43,623,593
Total Assets
$84,113,051
Net Assets
$73,947,647
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1928
Legal Domicile
NC
Phone
8288943311
Tax Period
2023-10-01 to 2024-09-30

St Lukes Hospital, founded in 1928, is a mid-sized nonprofit in the Health Care sector that reported $50.4M in total revenue in fiscal year 2023. Expenses of $43.6M left a modest 13% surplus.

Mission

TO PROVIDE QUALITY, PATIENT-FOCUSED HEALTH AND WELLNESS SERVICES.

Program Service Accomplishments

Program 1
Expenses: $40,411,379 Revenue: $48,030,651

ST. LUKE'S HOSPITAL IS COMMITTED TO OPERATE A HEALTH SYSTEM THAT PROVIDES ACUTE, EMERGENCY AND OUTPATIENT SERVICES, INCLUDING ADVANCED REHABILITATIVE SERVICES, RADIOLOGY SERVICES, LAB SERVICES, PAIN...

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ST. LUKE'S HOSPITAL IS COMMITTED TO OPERATE A HEALTH SYSTEM THAT PROVIDES ACUTE, EMERGENCY AND OUTPATIENT SERVICES, INCLUDING ADVANCED REHABILITATIVE SERVICES, RADIOLOGY SERVICES, LAB SERVICES, PAIN MANAGEMENT SERVICES, NON-INVASIVE CARDIOLOGY SERVICES, INTENSIVE OUTPATIENT PSYCHOTHERAPY SERVICES AND INFUSION SERVICES (ONCOLOGY AND HEMATOLOGY), FOR THE BENEFIT OF THE RESIDENTS OF POLK AND SURROUNDING COUNTIES. (CONTINUED ON SCHEDULE O)COMMITMENT TO THIS MISSION REQUIRES BOTH AN INVESTMENT IN AND A PARTNERSHIP WITH THE COMMUNITY WHICH ST. LUKE'S SERVES. ST. LUKE'S HOSPITAL DEFINES AND MEASURES THIS INVESTMENT IN AND PARTNERSHIP WITH THE COMMUNITY USING THE FOLLOWING CATEGORIES OF COMMUNITY BENEFIT:COMMUNITY BENEFIT PROGRAMS -- INCLUDES THE UNREIMBURSED COST OF VARIOUS EDUCATION PROGRAMS, NON-BILLED MEDICAL SERVICES, IN-KIND DONATIONS AND OTHER SERVICES THAT MEET A STRONG COMMUNITY NEED, BUT DO NOT PAY FOR THEMSELVES. EXAMPLES OF THESE COMMUNITY BENEFIT PROGRAMS INCLUDE WEEKLY HEALTH TOPIC NEWSPAPER ARTICLES; VARIOUS HEALTH AND CANCER SCREENING FOR PEOPLE WHO ARE UNDERINSURED AND UNINSURED; AND FIRST AID AND HAND HYGIENE STATIONS AT VARIOUS COMMUNITY EVENTS AND FESTIVALS.COMMUNITY HEALTH WORKER PROGRAM -- THE DUKE ENDOWMENT PROVIDES A GRANT TO THE HOSPITAL TO FUND OUR COMMUNITY HEALTH WORKER (CHW) PROGRAM. OUR CHW HELPS THE COMMUNITY TO NAVIGATE THE TIME-CONSUMING AND CONFUSING NETWORK OF HEALTHCARE AND SOCIAL RESOURCES, AND CONNECTS CITIZENS TO A VARIETY OF ASSETS (PRIMARY CARE PROVIDERS, CHRONIC DISEASE MANAGEMENT EDUCATION, MENTAL HEALTH PROVIDERS, SPECIALISTS AND DENTISTS, PRESCRIPTION ASSISTANCE, FINANCIAL OR HEALTH INSURANCE ASSISTANCE, FOOD BANKS, TRANSPORTATION TO MEDICAL APPOINTMENT, ETC.) OFFERED THROUGHOUT OUR COMMUNITY.IN-KIND DONATIONS -- OUR GENEROUS IN KIND CONTRIBUTIONS TO NUMEROUS POLK COUNTY SOCIAL SERVICES AND CIVIC ENTITIES INCLUDE VOLUNTEER LEADERSHIP ROLES WITH POLK COUNTY HEALTH AND WELLNESS COALITION, HIGHWOODS APARTMENTS FOR LOW INCOME FAMILIES, MENTAL HEALTH TASK FORCE FOR COMMUNITY HEALTH, WNC HEALTH NETWORK BOARD, WNC MEDICAL SOCIETY HEALTH HEALER ADVISORY BOARD, NHCA WORKERS COMPENSATION FUND BOARD, NCHA REGIONAL POLICY COUNCIL, AND THE POLK COUNTY ECONOMIC AND TOURISM DEVELOPMENT, TO NAME A FEW. CIVIC PARTICIPATION-- CIVIC PARTICIPATION INCLUDES TRYON KIWANIS CLUB AND THE TRYON ROTARY CLUB, AMONG OTHERS. ST. LUKE'S HOSPITAL, OUR MEDICAL STAFF AND OUR EMPLOYEES CONTRIBUTE GENEROUSLY TO THE HEALTH, EDUCATION AND WELL-BEING OF ALL AGES AND CIRCUMSTANCES IN POLK COUNTY.

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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 $1,318,834
Program Service Revenue $48,030,651
Investment Income $740,431
Other Revenue $330,990
TOTAL REVENUE $50,420,906

Expense Breakdown

Grants Paid $0
Salaries & Benefits $16,073,008
Fundraising Expenses $0
Program Expenses $40,411,379
Other Expenses $27,550,585
TOTAL EXPENSES $43,623,593

Year-over-Year Comparison

2023 2022 Change
Revenue $50,420,906 $48,167,182 +0.0%
Expenses $43,623,593 $42,091,076 +0.0%
Net Income $6,797,313 $6,076,106 +0.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
9
Independent Members
7
Employees
358
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
$891,856
Total Directors
9
$718,682
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Bill Miller Chair 1.0
Officer Director
$0 $0 $0
Linda Greensfelder PhD Secretary 1.0
Officer Director
$0 $0 $0
Linda Schutter Vice chair 1.0
Officer Director
$0 $0 $0
Ben Ellington Community rep 1.0
Director
$0 $0 $0
Frank Savage MD Chief medical officer 1.0
Director
$0 $66,019 $389,031
Jeffrey Viar MD Trustee 1.0
Director
$0 $50,462 $329,651
Marche Pittman Trustee 1.0
Director
$0 $0 $0
Paul Beiler Trustee 1.0
Director
$0 $0 $0
Sharon Decker Trustee 1.0
Director
$0 $0 $0
ELIZABETH PRESNELL CFO 45.0
Officer
$198,045 $47,299 $245,344
MICHELLE FORTUNE CEO 45.0
Officer
$455,522 $46,916 $502,438
Stephanie Postol CNO 45.0
Officer
$140,540 $3,534 $144,074
Jennifer Yarbray Pharmacy Director 45.0
Highest
$147,628 $15,438 $163,066
Joe Stephenson Oconlogist 45.0
Highest
$260,712 $0 $260,712
Luella DeCarle OR Director 45.0
Highest
$113,059 $21,102 $134,161
Melody Curtis Pharmacist 45.0
Highest
$128,564 $13,408 $141,972
Savanah Hightower MD Oconlogist 45.0
Highest
$126,438 $3,161 $129,599
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 $50,420,906 $43,623,593 $84,113,051 $6,797,313
2023 $48,167,182 $42,091,076 $74,780,167 $6,076,106
2022 $48,684,655 $42,860,151 $68,269,626 $5,824,504
2021 $51,213,276 $39,081,009 $68,680,012 $12,132,267
2020 $39,693,182 $36,159,506 $61,933,683 $3,533,676
2019 $39,954,411 $38,595,143 $47,055,964 $1,359,268
2018 $42,465,809 $40,523,330 $45,790,375 $1,942,479
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