St Vincent Hospital

EIN: 850106941 501(c)(3) Health Care

SANTA FE, NM

Total Revenue
$569,778,518
Total Expenses
$553,956,987
Total Assets
$756,873,447
Net Assets
$682,163,017
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Financial Trends

Organization Details

Formation Year
1967
Legal Domicile
NM
Phone
5059833361
Tax Period
2022-07-01 to 2023-06-30

St Vincent Hospital, founded in 1967, is a major nonprofit in the Health Care sector that reported $569.8M in total revenue in fiscal year 2022.

Mission

ST. VINCENT HOSPITAL IS ORGANIZED TO PROVIDE COMPREHENSIVE HEALTH SERVICES; PROVIDE MEDICAL, NURSING AND HEALTH EDUCATION PROGRAMS, ENCOURAGE RESEARCH AND WAYS TO SAVE HUMAN LIFE, MINIMIZE HUMAN SUFFERING AND IMPROVE HEALTH SERVICES; AND MOBILIZE ALL COMMUNITY SUPPORT AND RESOURCES TO SERVE THE COMPREHENSIVE NEEDS OF THE CORPORATION'S COMMUNITY AND THE STATE OF NEW MEXICO.

Program Service Accomplishments

Program 1
Expenses: $147,926,790 Revenue: $270,879,038

LANCE WILSON RECEIVED SEVERANCE OF $106,617 DURING CALENDAR YEAR 2022.

Program 2
Expenses: $260,479,865 Revenue: $186,211,895

DEFERRED COMPENSATION INCLUDES EXECUTIVE DEFERRED INCOME ACCOUNT, SUPPLEMENTAL EXECUTIVE RETIREMENT AND RETENTION PLAN, AND PENSION RESTORATION PLAN. ESTIMATED PENSION BENEFITS WERE CALCULATED BASED...

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DEFERRED COMPENSATION INCLUDES EXECUTIVE DEFERRED INCOME ACCOUNT, SUPPLEMENTAL EXECUTIVE RETIREMENT AND RETENTION PLAN, AND PENSION RESTORATION PLAN. ESTIMATED PENSION BENEFITS WERE CALCULATED BASED ON THE PROVISIONS OF THE CURRENT PENSION RESTORATION PLAN AT 6% OF PENSIONABLE EARNINGS WHICH ARE OVER THE IRS LEGISLATIVE COMPENSATION LIMIT. SOME ASSOCIATES ARE GRANDFATHERED UNDER AN EARLIER LEGACY PENSION PLAN. IF A PARTICIPANT HAS PROTECTED PENSION BENEFITS UNDER SUCH LEGACY PLANS, HIS/HER PERCENTAGE IS ZERO UNDER THE SUPPLEMENTAL EXECUTIVE RETIREMENT AND RETENTION PLAN, AS THE PROTECTED BENEFIT IS ALREADY EQUAL TO OR BETTER THAN CURRENT MARKET.

Program 3
Expenses: $65,634,483 Revenue: $69,080,172

COMMUNITY BENEFIT REPORTING - CHARITY CARE AND MEDICAID CHRISTUS HEALTH, A MEMBER ORGANIZATION, ADHERES TO THE CATHOLIC HEALTH ASSOCIATION'S A GUIDE FOR PLANNING AND REPORTING COMMUNITY BENEFIT...

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COMMUNITY BENEFIT REPORTING - CHARITY CARE AND MEDICAID CHRISTUS HEALTH, A MEMBER ORGANIZATION, ADHERES TO THE CATHOLIC HEALTH ASSOCIATION'S A GUIDE FOR PLANNING AND REPORTING COMMUNITY BENEFIT (2015). COMMUNITY BENEFIT, REPORTED AS UNPAID COSTS, INCLUDES BOTH CHARITY CARE AND COMMUNITY SERVICES. TO THE LIMITS OF ITS RESOURCES, CHRISTUS HEALTH IS AN INSTITUTION OF PURELY PUBLIC CHARITY; THUS, THE MOST TANGIBLE EXPRESSION OF CHRISTUS HEALTH'S CHARITABLE PURPOSE IS THE PROVISION OF HEALTH CARE SERVICES TO THOSE PERSONS WHO ARE UNABLE TO PAY. THIS FALLS INTO TWO CATEGORIES: CHARITY CARE AND UNPAID GOVERNMENT INDIGENT CARE. IN KEEPING WITH THE MISSION, VALUES, AND VISION OF CHRISTUS HEALTH, ST. VINCENT HOSPITAL PROVIDES CHARITY CARE SERVICES IN A MANNER THAT RESPECTS THE DIGNITY OF THE PATIENTS AND THEIR FAMILIES. CHARITY CARE IS PROVIDED WITHOUT CHARGE OR AT A CHARGE THAT IS LESS THAN THE USUAL CHARGE FOR SUCH SERVICES. THE DETERMINATION AS TO THE AMOUNT TO BE CHARGED, IF ANY, IS MADE ACCORDING TO A PATIENT'S ABILITY TO PAY AS DETERMINED BY ESTABLISHED ELIGIBILITY CRITERIA. FOR UNINSURED PATIENTS WHOSE ECONOMIC CIRCUMSTANCES PLACE THEM AT OR UNDER 200 PERCENT OF THE FEDERAL POVERTY LEVEL (FPL), SERVICES ARE PROVIDED WITHOUT ANY EXPECTATION OF PAYMENT. NO PATIENT IS REFUSED NECESSARY MEDICAL CARE BASED ON HIS OR HER ABILITY TO PAY. ST. VINCENT HOSPITAL PROVIDES DIRECT CARE SERVICES, INCLUDING THOSE PROVIDED BY EMPLOYED PHYSICIAN PRACTICES, TO INPATIENTS AND OUTPATIENTS, INCLUDING INDIGENT, MEDICAID, OTHER PAYOR CLASSES AND UNINSURED PATIENTS, TOTALING APPROXIMATELY 352,984 ENCOUNTERS. ST. VINCENT HOSPITAL'S COMMUNITY BENEFIT INCLUDES THE COST OF PROVIDING UNCOMPENSATED CARE AND SERVICES FOR PATIENTS WITH LIMITED OR NO MEANS TO PAY, GOVERNMENT PROGRAMS WHERE EXPENSES EXCEED PAYMENTS, AND NON-BILLED SERVICES DIRECTED AT IMPROVING THE HEALTH AND WELL-BEING OF ALL MEMBERS OF THE COMMUNITY WE SERVE. ST. VINCENT HOSPITAL IS AN ACTIVE PARTICIPANT IN NEW MEXICO'S MEDICAID PROGRAMS. THOSE PROGRAMS SEEK TO PROVIDE PAYMENT FOR HEALTH CARE SERVICES TO INDIVIDUALS WHO MEET CERTAIN FINANCIAL AND OTHER REQUIREMENTS, WHICH INCLUDE EVALUATION OF BOTH ASSETS AND INCOME. NEW MEXICO HAS ACCEPTED THE OPPORTUNITY TO EXPAND MEDICAID ELIGIBILITY THROUGH THE HEALTH CARE REFORM ACT. THIS WILL HAVE A POSITIVE IMPACT IN PROMOTING THE ABILITY OF ST. VINCENT TO PROVIDE CARE TO THIS LARGER POPULATION.

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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 (2022)

Revenue Breakdown

Contributions & Grants $7,691,356
Program Service Revenue $525,762,617
Investment Income $9,750,651
Other Revenue $26,573,894
TOTAL REVENUE $569,778,518

Expense Breakdown

Grants Paid $1,731,805
Salaries & Benefits $268,172,180
Fundraising Expenses $593,158
Program Expenses $489,372,071
Other Expenses $284,053,002
TOTAL EXPENSES $553,956,987

Year-over-Year Comparison

2022 2021 Change
Revenue $569,778,518 $579,779,629 0.0%
Expenses $553,956,987 $518,308,669 +0.1%
Net Income $15,821,531 $61,470,960 -0.7%
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
9
Employees
2840
Volunteers
130

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
$2,728,556
Total Directors
13
$2,644,728
Key Employees
7
$2,651,005
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A PRESIDENT CSV PHYSICIAN GROUP 40.0
Officer Director
$0 $162,643 $932,337
N/A PRES/CEO 40.0
Officer Director
$0 $146,061 $1,103,810
N/A BOARD CHAIR 1.0
Officer Director
$0 $0 $0
N/A DIRECTOR 16.0
Director
$0 $0 $0
N/A DIRECTOR 16.0
Director
$0 $0 $0
N/A DIRECTOR / CMO 40.0
Director
$0 $100,419 $608,581
N/A DIRECTOR 16.0
Director
$0 $0 $0
N/A DIRECTOR 16.0
Director
$0 $0 $0
N/A DIRECTOR 16.0
Director
$0 $0 $0
N/A DIRECTOR 16.0
Director
$0 $0 $0
N/A DIRECTOR 16.0
Director
$0 $0 $0
N/A BOARD DIRECTOR 16.0
Director
$0 $0 $0
N/A BOARD DIRECTOR 16.0
Director
$0 $0 $0
N/A CFO 40.0
Officer
$0 $92,018 $692,409
N/A VP Cancer Services 40.0
Key Emp
$0 $43,472 $483,358
N/A VP COMPL-ST VINCENT RG MD CTR 40.0
Key Emp
$0 $26,112 $289,054
N/A VP COMMUNITY HEALTH 40.0
Key Emp
$0 $59,517 $313,467
N/A CHIEF NURSE EXECUTIVE 40.0
Key Emp
$0 $66,479 $452,853
N/A CHIEF FINANCIAL OFFICER 40.0
Key Emp
$0 $71,209 $497,016
N/A VP, HUMAN RESOURCES 40.0
Key Emp
$0 $22,592 $293,103
N/A COO-CSVRMC MEDICAL GROUP 40.0
Key Emp
$0 $8,825 $322,154
N/A PHYSICIAN 40.0
Highest
$891,697 $0 $891,697
N/A PHYSICIAN 40.0
Highest
$1,026,872 $0 $1,026,872
N/A PHYSICIAN 40.0
Highest
$885,331 $0 $885,331
N/A PHYSICIAN 40.0
Highest
$986,706 $0 $986,706
N/A PHYSICIAN 40.0
Highest
$986,960 $0 $986,960
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 No data No data No data No data
2023 $569,778,518 $553,956,987 $756,873,447 $15,821,531
2022 $579,779,629 $518,308,669 $713,504,339 $61,470,960
2021 $490,943,135 $471,471,266 $723,865,521 $19,471,869
2020 $463,611,944 $437,963,426 $586,794,076 $25,648,518
2019 $489,985,953 $462,554,640 $472,561,213 $27,431,313
2018 $471,354,053 $441,983,111 $451,599,166 $29,370,942
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