St Vincent's Health System

EIN: 630931008 501(c)(3) Health Care

BIRMINGHAM, AL

Total Revenue
$43,846,169
Total Expenses
$42,064,691
Total Assets
$77,413,143
Net Assets
$40,053,678
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1986
Legal Domicile
AL
Phone
2059347659
Tax Period
2024-07-01 to 2024-10-31

St Vincent's Health System, founded in 1986, is a mid-sized nonprofit in the Health Care sector that reported $43.8M in total revenue in fiscal year 2024. Revenue fell 62% from the prior year — a significant decline worth monitoring. Expenses of $42.1M left a modest 4% surplus.

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
Expenses: $36,463,921 Revenue: $43,333,315

During the period covered by the return, the filing organization was a part of the Ascension Catholic Health Ministry. Ascension is a faith-based healthcare organization that delivers personalized...

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During the period covered by the return, the filing organization was a part of the Ascension Catholic Health Ministry. Ascension is a faith-based healthcare organization that delivers personalized, compassionate care to all, especially to those who need it the most. St. Vincent's Health System is a 66-bed hospital campus providing services without regard to patient race, creed, national origin, economic status, or ability to pay. From July 1, 2024 to October 31, 2024, St. Vincent's Health System treated 1,057 adults and children for a total of 3,871 patient days of service. The hospital also provided services for 28,110 outpatient visits, which included 1,649 outpatient surgeries and 15,517 Emergency Room Visits. See Schedule H for a non-exhaustive list of community benefit programs and descriptions.

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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 $288,772
Program Service Revenue $42,979,645
Investment Income $0
Other Revenue $577,752
TOTAL REVENUE $43,846,169

Expense Breakdown

Grants Paid $310,134
Salaries & Benefits $16,594,190
Fundraising Expenses $0
Program Expenses $36,463,921
Other Expenses $25,160,367
TOTAL EXPENSES $42,064,691

Year-over-Year Comparison

2024 2023 Change
Revenue $43,846,169 $115,984,434 -0.6%
Expenses $42,064,691 $117,102,594 -0.6%
Net Income $1,781,478 $-1,118,160 -2.6%
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
13
Independent Members
12
Employees
N/A
Volunteers
27

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
$0
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID SILVERSTEIN VICE CHAIR 1.0
Officer Director
$0 $0 $0
JASON P ALEXANDER FACHE EX-OFFICIO/CEO, MINISTRY MARKET EXECUTIVE 0.0
Officer Director
$0 $0 $0
MATT CARRINGTON SECRETARY/TREASURER 1.0
Officer Director
$0 $0 $0
WILLIAM C HORTON CHAIR 1.0
Officer Director
$0 $0 $0
BRIAN FLOWERS MD DIRECTOR 1.0
Director
$0 $0 $0
CAROLYN COUNTS DIRECTOR 1.0
Director
$0 $0 $0
GREG EAGERTON DIRECTOR 1.0
Director
$0 $0 $0
GUIN ROBINSON DIRECTOR 1.0
Director
$0 $0 $0
HANK FROHSIN MD DIRECTOR 1.0
Director
$0 $0 $0
JAMES RICHARDSON DIRECTOR 1.0
Director
$0 $0 $0
LEIGH DAVIS DIRECTOR 1.0
Director
$0 $0 $0
SISTER CATHERINE MARIE LOWE DC DIRECTOR 1.0
Director
$0 $0 $0
VAL HOLMAN DIRECTOR 1.0
Director
$0 $0 $0
CHRISTOPHER SCOTT HUGHES CFO, MINISTRY MARKET 0.0
Officer
$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 $43,846,169 $42,064,691 $77,413,143 $1,781,478
2024 No data No data No data No data
2023 $113,957,207 $118,823,465 $116,070,502 $-4,866,258
2022 $173,724,265 $162,846,155 $138,772,265 $10,878,110
2021 $173,878,152 $161,235,443 $183,757,701 $12,642,709
2020 $163,888,795 $160,282,342 $189,291,618 $3,606,453
2019 $159,358,323 $155,963,530 $189,885,967 $3,394,793
2018 $146,194,365 $156,906,650 $290,026,638 $-10,712,285
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