Saint Thomas Midtown Hospital

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1941

Legal Domicile

Phone

3147338000

Tax Period

2020-07-01 to 2021-06-30

Mission

Rooted in the loving ministry of Jesus as healer, we commit ourselves to serving all persons with special attention to those who are poor and vulnerable. Our Catholic health ministry is dedicated to spiritually-centered, holistic care which sustains and improves the health of individuals and communities. We are advocates for a compassionate and just society through our actions and our words.

Program Service Accomplishments

Program 1

AS OF 7/1/20, SAINT THOMAS MIDTOWN HOSPITAL MERGED INTO SAINT THOMAS WEST HOSPITAL. AS PART OF THE ASCENSION CATHOLIC HEALTH MINISTRY, THE FILING ORGANIZATION SERVED IN SUPPORT OF ASCENSION'S...

AS OF 7/1/20, SAINT THOMAS MIDTOWN HOSPITAL MERGED INTO SAINT THOMAS WEST HOSPITAL. AS PART OF THE ASCENSION CATHOLIC HEALTH MINISTRY, THE FILING ORGANIZATION SERVED IN SUPPORT OF ASCENSION'S COMMITMENT TO BOTH CARE FOR PATIENTS AND COMMUNITIES AND SUPPORT CAREGIVERS AND OTHER ASSOCIATES THROUGH THE CHALLENGES OF THE COVID-19 GLOBAL PANDEMIC IN FY21.

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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%)

Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $0

Other Expenses $0

TOTAL EXPENSES $0

Year-over-Year Comparison

	2020	2019	Change
Revenue	N/A	$473,119,164	-1.0%
Expenses	N/A	$430,473,448	-1.0%
Net Income	N/A	$42,645,716	N/A

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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

$3,798,388

Total Directors

$3,041,301

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
N/A	VICE CHAIR	0.0	Officer Director	$0	$47,751	$1,212,221
N/A	TREASURER	1.0	Officer Director	$0	$0	$0
N/A	CHAIR	1.0	Officer Director	$0	$0	$0
N/A	SECRETARY	1.0	Officer Director	$0	$0	$0
N/A	PRESIDENT/CEO, MINISTRY MARKET EXECUTIVE	0.0	Officer Director	$0	$47,127	$1,829,080
N/A	DIRECTOR	1.0	Director	$0	$0	$0
N/A	DIRECTOR	1.0	Director	$0	$0	$0
N/A	DIRECTOR	1.0	Director	$0	$0	$0
N/A	DIRECTOR	1.0	Director	$0	$0	$0
N/A	DIRECTOR	1.0	Director	$0	$0	$0
N/A	CFO, MINISTRY MARKET	0.0	Officer	$0	$33,095	$757,087
N/A	FORMER OFFICER (END 8/2015)	0.0		$0	$53,759	$2,125,523
N/A	FORMER OFFICER (END 8/2015)	0.0		$0	$0	$127,464
N/A	FORMER OFFICER (END 12/2017)	0.0		$0	$46,609	$1,440,099
N/A	FORMER OFFICER (END 6/2019)	0.0		$0	$45,305	$653,037
N/A	FORMER KEY EMPLOYEE (END 12/2019)	0.0		$0	$34,575	$468,991
N/A	FORMER KEY EMPLOYEE (END 12/2019)	0.0		$0	$37,846	$366,080
N/A	FORMER OFFICER (END 12/2017)	0.0		$0	$35,897	$4,300,164
N/A	FORMER KEY EMPLOYEE (END 12/2019)	0.0		$0	$20,958	$308,142
N/A	FORMER OFFICER (END 7/2016)	0.0		$0	$39,348	$412,048

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
2021	No data	No data	No data	No data
2020	$473,119,164	$430,473,448	$238,882,515	$42,645,716
2019	$477,088,362	$422,524,863	$235,161,863	$54,563,499
2018	$462,072,232	$424,958,936	$201,854,304	$37,113,296