ST LUKE'S MEDICAL TOWER CORPORATION

EIN: 760531713 501(c)(3)

HOUSTON, TX

Total Revenue
N/A
Total Expenses
$288
Total Assets
$173,704,859
Net Assets
$173,560,975
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1997
Legal Domicile
TX
Principal Officer
T DOUGLAS LAWSON
Phone
8323551000
Tax Period
2021-07-01 to 2022-06-30

Mission

AS AN AFFILIATE OF COMMONSPIRIT HEALTH, WE MAKE THE HEALING PRESENCE OF GOD KNOWN IN OUR WORLD BY IMPROVING THE HEALTH OF THE PEOPLE WE SERVE, ESPECIALLY THOSE WHO ARE VULNERABLE, WHILE WE ADVANCE SOCIAL JUSTICE FOR ALL.

Program Service Accomplishments

Program 1
Expenses: $288 Revenue: $0

ST. LUKE'S MEDICAL TOWER CORPORATION WAS FORMED TO OPERATE EXCLUSIVELY FOR THE BENEFIT OF AND TO CARRY OUT THE FUNCTIONS OF CHI ST. LUKE'S HEALTH BAYLOR COLLEGE OF MEDICINE MEDICAL CENTER ("THE...

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ST. LUKE'S MEDICAL TOWER CORPORATION WAS FORMED TO OPERATE EXCLUSIVELY FOR THE BENEFIT OF AND TO CARRY OUT THE FUNCTIONS OF CHI ST. LUKE'S HEALTH BAYLOR COLLEGE OF MEDICINE MEDICAL CENTER ("THE HOSPITAL") THROUGH THE OWNERSHIP AND FINANCING, DEVELOPING, OPERATING, MANAGING, LEASING, EQUIPPING, SELLING, ASSIGNING AND OTHERWISE DEALING WITH REAL PROPERTY FOR THE HOSPITAL AND ITS AFFILIATED ORGANIZATIONS. DURING FISCAL YEAR ENDING 6/30/17, ST. LUKE'S MEDICAL TOWER CORPORATION SOLD THE REAL PROPERTIES THAT GENERATED RENTAL REVENUES.

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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 (2021)

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 $288
Other Expenses $288
TOTAL EXPENSES $288

Year-over-Year Comparison

2021 2020 Change
Revenue N/A N/A N/A
Expenses $288 $36,193 -1.0%
Net Income N/A $-36,193 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

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Governance

Voting Members
2
Independent Members
2
Employees
N/A
Volunteers
2

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
4
$3,603,192
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
T DOUGLAS LAWSON PHD CEO OF CHI ST. LUKE'S HEALTH SYSTEM 1.00
Officer
$0 $204,434 $3,040,585
LINDA KULHANEK CFO OF CHI ST. LUKE'S HEALTH SYSTEM 1.00
Officer
$0 $13,072 $562,607
PAUL KLOTMAN MD BD MEMBER/PRESIDENT 1.00
Officer Director
$0 $0 $0
MARC SHAPIRO BD MEMBER/SECRETARY 1.00
Officer 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
2022 No data $288 $173,704,859 No data
2021 No data $36,193 $173,708,956 No data
2020 No data $43,109 $173,749,039 No data
2019 $1,823 $75,500 $173,793,399 $-73,677
2018 $-308 $100,654 $174,638,953 $-100,962
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