ASCENSION LIVING-LAKESHORE AT SIENA INC

EIN: 824710412 501(c)(3)

ST LOUIS, MO

Total Revenue
$10,624,901
Total Expenses
$11,495,978
Total Assets
$4,605,313
Net Assets
$2,663,362
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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
WI
Phone
3147338000
Tax Period
2024-07-01 to 2025-06-30

ASCENSION LIVING-LAKESHORE AT SIENA INC, founded in 2018, is a mid-sized nonprofit that reported $10.6M in total revenue in fiscal year 2024.

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: $9,353,955 Revenue: $10,618,068

THE FILING ORGANIZATION IS A PART OF THE ASCENSION CATHOLIC HEALTH MINISTRY. ASCENSION IS A FAITH-BASED HEALTHCARE ORGANIZATION THAT DELIVERS PERSONALIZED, COMPASSIONATE CARE TO ALL, ESPECIALLY TO...

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THE FILING ORGANIZATION IS 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. ASCENSION LIVING LAKESHORE AT SIENA ("LAKESHORE") INCLUDES SKILLED NURSING (SNF) AND MEMORY CARE (MC). LAKESHORE, INSPIRED BY THE HEALING MISSION OF THE CATHOLIC CHURCH TO THE ELDERLY, MAXIMIZES DIGNITY AND INDEPENDENCE. ROOTED IN THE CATHOLIC TRADITION OF CARING, AS A CORPORATE MEMBER OF ASCENSION LIVING, OUR COMMUNITY IS CONTINUALLY DEVELOPING AND ADOPTING NEW BEST PRACTICES IN CARE THAT ENHANCE THE EXPERIENCE OF OUR RESIDENTS, PROGRAM PARTICIPANTS AND PATIENTS. THE STAFF IS COMMITTED TO PROMOTING THE WELL-BEING OF THOSE WE SERVE THROUGH THE DELIVERY OF QUALITY CARE. THE FACILITY HAS 96 BEDS WITH AN AVERAGE OCCUPANCY OF 83 OR 86.5%. IN 2025, 5,072 DAYS OF CARE WERE PROVIDED TO MEDICAID RECIPIENTS; 3,713 DAYS OF CARE WERE PROVIDED TO MEDICARE RECIPIENTS. ALTHOUGH REIMBURSEMENT FOR SERVICES RENDERED IS CRITICAL TO THE OPERATIONS AND STABILITY OF THE ORGANIZATION, AS A CHARITABLE ORGANIZATION, IT IS RECOGNIZED THAT NOT ALL PERSONS POSSESS THE ABILITY TO PURCHASE ESSENTIAL SERVICES NEEDED FOR CARE AND OUR MISSION IS TO SERVE THE COMMUNITY WITH RESPECT TO PROVIDING HEALTH CARE SERVICES. FOR MEDICAID RESIDENTS, LAKESHORE WAS REIMBURSED -$352,991 LESS THAN OUR COSTS. 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.

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,795
Program Service Revenue $10,563,778
Investment Income $380
Other Revenue $58,948
TOTAL REVENUE $10,624,901

Expense Breakdown

Grants Paid $0
Salaries & Benefits $4,753,398
Fundraising Expenses $0
Program Expenses $9,353,955
Other Expenses $6,742,580
TOTAL EXPENSES $11,495,978

Year-over-Year Comparison

2024 2023 Change
Revenue $10,624,901 $10,235,528 +0.0%
Expenses $11,495,978 $10,535,822 +0.1%
Net Income $-871,077 $-300,294 +1.9%
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
5
Independent Members
N/A
Employees
143
Volunteers
N/A

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
$3,259,042
Total Directors
5
$3,625,985
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ERIN SHADBOLT VP POST ACUTE & AT-HOME SERVICES & CEO/SECRETARY 0.0
Officer Director
$0 $52,831 $622,399
LISA ANN MUSGRAVE MHA BSN RN SENIOR VP, POST-ACUTE AND AT-HOME SERVICES/CHAIR 0.0
Officer Director
$0 $56,092 $1,599,602
ROBIN T BINEK AVP OF FINANCE, ASCENSION LIVING/TREASURER 0.0
Officer Director
$0 $39,771 $400,258
RYAN BREEDLOVE DIRECTOR/VP POST ACUTE CONTINUING CARE & AT HOME SERVICES 0.0
Officer Director
$0 $52,177 $636,783
KENNETH R SMOOT DIRECTOR/CHIEF MISSION INTEGRATION OFFICER 0.0
Director
$0 $31,147 $366,943
MARGARET VAUGHAN AVP OF FINANCE, ASCENSION LIVING (START 5/2025) 0.0
Officer
$0 $0 $0
MICHAEL PHILLIPS EXECUTIVE DIRECTOR 50.0
Highest
$121,853 $37,076 $158,929
REBECCA EDWARDS QUALITY MANAGEMENT DIRECTOR 50.0
Highest
$101,693 $20,009 $121,702
MICHAEL ROBERT GORDON FORMER OFFICER (END 8/2023) 0.0
$0 $0 $220,260
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 $10,624,901 $11,495,978 $4,605,313 $-871,077
2024 $10,235,528 $10,535,822 $5,375,662 $-300,294
2023 $8,220,769 $18,522,145 $4,685,324 $-10,301,376
2022 $5,937,172 $7,689,920 $13,537,822 $-1,752,748
2021 $6,123,372 $7,538,354 $14,651,888 $-1,414,982
2020 $7,596,943 $8,443,490 $13,983,533 $-846,547
2019 $7,963,623 $9,472,827 $14,619,155 $-1,509,204
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