Christus Spohn Health System DEVELOPMENT FND

EIN: 741906005 501(c)(3) Health Care

Corpus Christi, TX

Total Revenue
$4,461,536
Total Expenses
$1,257,944
Total Assets
$36,589,047
Net Assets
$36,471,724
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1977
Legal Domicile
TX
Principal Officer
PATRICIA CANO
Phone
3618813505
Tax Period
2023-07-01 to 2024-06-30

Christus Spohn Health System DEVELOPMENT FND, founded in 1977, is a community nonprofit in the Health Care sector that reported $4.5M in total revenue in fiscal year 2023. Revenue fell 22% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $3.2M, a strong 72% operating margin.

Mission

THE PRIMARY PURPOSE OF THE CHRISTUS SPOHN HEALTH SYSTEM DEVELOPMENT FOUNDATION IS TO PROMOTE PHILANTHROPY AND CHARITABLE GIVING IN ORDER TO PROVIDE RESOURCES TO ENHANCE THE ABILITY OF CHRISTUS HEALTH AND CHRISTUS SPOHN HEALTH SYSTEM CORPORATION IN THEIR MISSION OF EXTENDING THE HEALING MINISTRY OF JESUS CHRIST BY PROVIDING FOR THE COMMUNITY'S HEALTH NEEDS. IN FURTHERANCE OF THOSE PURPOSES, THE FOUNDATION SOLICITS AND RECEIVES CHARITABLE GIFTS AND GRANTS TO ADMINISTER AND INVEST AND REINVEST THE SAME AND TO APPLY THE WHOLE OR ANY PART OF THE INCOME AND THE PRINCIPAL EXCLUSIVELY FOR THE BENEFIT OF THE HEALTH CARE FACILITIES, SERVICES AND HEALTH COMMUNITY PROGRAMS SUPPORTED OR OPERATED BY CHRISTUS SPOHN HEALTH SYSTEM CORPORATION WITHIN ITS SERVICE AREA IN SOUTH TEXAS.

Program Service Accomplishments

Program 1
Expenses: $613,971

CHRISTUS SPOHN HEALTH SYSTEM DEVELOPMENT FOUNDATION (THE "FOUNDATION") IS A TEXAS NON-PROFIT ORGANIZATION SERVING THE PHILANTHROPIC NEEDS OF CHRISTUS SPOHN HEALTH SYSTEM CORPORATION (THE "HEALTH...

Read more

CHRISTUS SPOHN HEALTH SYSTEM DEVELOPMENT FOUNDATION (THE "FOUNDATION") IS A TEXAS NON-PROFIT ORGANIZATION SERVING THE PHILANTHROPIC NEEDS OF CHRISTUS SPOHN HEALTH SYSTEM CORPORATION (THE "HEALTH SYSTEM"). IT IS THE FOUNDATION'S RESPONSIBILITY TO ENCOURAGE AND RECEIVE CONTRIBUTIONS FROM INDIVIDUALS, CORPORATIONS, ASSOCIATIONS, AND FOUNDATIONS. THESE CONTRIBUTIONS ARE DISTRIBUTED TO THE HEALTH SYSTEM AND ITS NON-PROFIT HOSPITALS, IN ACCORDANCE WITH THE INTENTIONS OF THE DONORS AND WITHIN THE CONFINES OF THE FOUNDATION'S GOALS AND OBJECTIVES. ALL CONTRIBUTIONS ASSIST THE HEALTH SYSTEM IN CONTINUING TO PROVIDE HIGH QUALITY HEALTH CARE IN AREAS SUCH AS MODERNIZATION AND CONSTRUCTION IF NEEDED IN THE HOSPITAL FACILITIES, ACQUISITION OF HOSPITAL EQUIPMENT, AND OTHER SPECIAL HEALTH CARE NEEDS OF THE HEALTH SYSTEM. THE FOUNDATION PROVIDED FUNDS TO THE HEALTH SYSTEM DURING THE FISCAL YEAR FOR CAPITAL EQUIPMENT, MAMMOGRAM SCREENING, BREAST CANCER AWARENESS, SERVICES FOR THE MEDICALLY INDIGENT AND HOSPITAL IMPROVEMENTS. THE FOUNDATION'S SOLE CORPORATE MEMBER IS THE HEALTH SYSTEM; THE HEALTH SYSTEM'S SOLE CORPORATE MEMBER IS CHRISTUS HEALTH. CHRISTUS SPOHN HEALTH SYSTEM IS PART OF CHRISTUS HEALTH, WHICH WAS FORMED IN 1999 TO STRENGTHEN THE 153-YEAR-OLD, FAITH-BASED HEALTH CARE MINISTRIES OF THE CONGREGATIONS OF THE SISTERS OF CHARITY OF THE INCARNATE WORD OF HOUSTON AND SAN ANTONIO. FOUNDED ON THE MISSION "TO EXTEND THE HEALING MINISTRY OF JESUS CHRIST," CHRISTUS IS CHALLENGED TO REACH OUT TO, AND BEYOND, THE MORE THAN 60 COMMUNITIES WE SERVE TO HELP THOSE IN NEED. THE VISION OF CHRISTUS SPOHN HEALTH SYSTEM CORPORATION, AS A CATHOLIC, FAITH-BASED MINISTRY, IS TO BE A LEADER AND ADVOCATE IN CREATING EXEMPLARY HEALTH CARE SERVICES, PROCESSES AND STRUCTURES THAT IMPROVE THE HEALTH OF INDIVIDUALS AND OF LOCAL AND GLOBAL COMMUNITIES SO THAT ALL MAY EXPERIENCE GOD'S HEALING PRESENCE AND LOVE. CHRISTUS SPOHN HEALTH SYSTEM CORPORATION RESPONDS TO HEALTH CARE NEEDS THROUGH SERVICES PROVIDED AT CHRISTUS SPOHN HOSPITAL CORPUS CHRISTI WITH THREE CAMPUSES, THE 787-BED SHORELINE CAMPUS, THE 33-BED SOUTH SURGICAL CAMPUS AND THE 172-BED SOUTH CAMPUS, AS WELL AS CHRISTUS SPOHN HOSPITAL KLEBERG WITH 96 BEDS IN KINGSVILLE, CHRISTUS SPOHN HOSPITAL ALICE WITH 135 BEDS IN ALICE AND CHRISTUS SPOHN HOSPITAL BEEVILLE WITH 69 BEDS IN BEEVILLE. EACH OF THE FACILITIES OF CHRISTUS SPOHN HEALTH SYSTEM CORPORATION SHARE ONE OBJECTIVE - WHICH IS TO LEAD THE WAY TO A HEALTHIER COMMUNITY. THE CHRISTUS SPOHN HEALTH SYSTEM CORPORATION IS LOCATED ALONG THE LOWER TEXAS COASTAL AREA (OFTEN CALLED THE COASTAL BEND). ITS SERVICE AREA STRETCHES THROUGHOUT SOUTH TEXAS, AND IT COMPRISES OF A POPULATION OF MORE THAN 562,000 INDIVIDUALS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $3,532,960
Program Service Revenue $0
Investment Income $785,321
Other Revenue $143,255
TOTAL REVENUE $4,461,536

Expense Breakdown

Grants Paid $613,971
Salaries & Benefits $71,441
Fundraising Expenses $643,973
Program Expenses $613,971
Other Expenses $572,532
TOTAL EXPENSES $1,257,944

Year-over-Year Comparison

2023 2022 Change
Revenue $4,461,536 $5,700,513 -0.2%
Expenses $1,257,944 $1,934,350 -0.3%
Net Income $3,203,592 $3,766,163 -0.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
26
Independent Members
26
Employees
N/A
Volunteers
260

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
$237,555
Total Directors
32
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Patricia ACano Foundation VP Philanthropy 14.0
Officer
$0 $40,695 $237,555
ROBERT T CUEVAS Secretary 2.0
Officer Director
$0 $0 $0
REGINA GARCIA DIRECTOR (THRU 12/2023) 2.0
Director
$0 $0 $0
Linda K Jordan Treasurer 2.0
Officer Director
$0 $0 $0
Leslie McClanahan DIRECTOR/CHAIR 2.0
Officer Director
$0 $0 $0
Elizabeth Susser Director 2.0
Director
$0 $0 $0
CAROL MCCLAUGHLIN DIRECTOR (THRU 12/2023) 2.0
Director
$0 $0 $0
GREGG ROBERTSON DIRECTOR (THRU 12/2023) 2.0
Director
$0 $0 $0
JOHN P JACKSON DIRECTOR 2.0
Director
$0 $0 $0
JORDAN ANDERSON DIRECTOR 2.0
Director
$0 $0 $0
JUDY K LONG DIRECTOR (THRU 12/2023) 2.0
Director
$0 $0 $0
RICHARD T THOMAS TREASURER (THRU 12/2023) 2.0
Officer Director
$0 $0 $0
KATHLEEN WHITE DIRECTOR 2.0
Director
$0 $0 $0
BILL COLSTON JR DIRECTOR (THRU 12/2023) 2.0
Director
$0 $0 $0
TREY MCCAMPBELL DIRECTOR 2.0
Director
$0 $0 $0
BLAIRE B TURNBULL DIRECTOR 2.0
Director
$0 $0 $0
BRAD WOMACK DIRECTOR 6.0
Director
$0 $0 $0
GREGG SILVERMAN MD DIRECTOR 2.0
Director
$0 $0 $0
JANET HERBST DIRECTOR 2.0
Director
$0 $0 $0
MATT N ADLER DIRECTOR 2.0
Director
$0 $0 $0
PHYLLIS ROSEMAN DIRECTOR 2.0
Director
$0 $0 $0
RAJAN AHUJA DIRECTOR 2.0
Director
$0 $0 $0
RICHARD LESHIN DIRECTOR 2.0
Director
$0 $0 $0
Karen Urban Director 2.0
Director
$0 $0 $0
VICTORIA ANDERSON DIRECTOR 2.0
Director
$0 $0 $0
BART BRASELTON DIRECTOR 2.0
Director
$0 $0 $0
PAM BROWER DIRECTOR 2.0
Director
$0 $0 $0
ROXANE CASAS DIRECTOR 2.0
Director
$0 $0 $0
LAUREN RANLY DUKE DIRECTOR 2.0
Director
$0 $0 $0
ALLISON HUGHES DIRECTOR (AS OF 01/2024) 2.0
Director
$0 $0 $0
LAURA MAY MILLER DIRECTOR (AS OF 01/2024) 2.0
Director
$0 $0 $0
MARK STEEN DIRECTOR 2.0
Director
$0 $0 $0
SHANNON WHITE DIRECTOR 2.0
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 No data No data No data No data
2024 $4,461,536 $1,257,944 $36,589,047 $3,203,592
2023 $5,700,513 $1,934,350 $33,042,248 $3,766,163
2022 $4,107,684 $1,605,820 $27,154,274 $2,501,864
2021 $6,931,905 $12,407,475 $25,881,076 $-5,475,570
2020 $9,193,868 $6,610,052 $30,402,817 $2,583,816
Explore More Nonprofits
Top 100 Nonprofits in Texas Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Christus Spohn Health System DEVELOPMENT FND with other nonprofits in Texas and across the country.