PROVIDENCE ST JOSEPH HEALTH FOUNDATION

EIN: 943078543 501(c)(3) Philanthropy & Grantmaking

PORTLAND, OR

Total Revenue
$1,956,615
Total Expenses
$3,900,375
Total Assets
$4,940,803
Net Assets
$4,344,267
🔒

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
1988
Legal Domicile
WA
Principal Officer
WILLIAM KENNEDY
Phone
8182099348
Tax Period
2023-01-01 to 2023-12-31

PROVIDENCE ST JOSEPH HEALTH FOUNDATION, founded in 1988, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $2.0M in total revenue in fiscal year 2023. Revenue fell 50% from the prior year — a significant decline worth monitoring. Expenses of $3.9M exceeded revenue, resulting in a 99% operating deficit.

Mission

AS EXPRESSIONS OF GOD'S HEALING LOVE, WITNESSED THROUGH THE MINISTRY OF JESUS, WE ARE STEADFAST IN SERVING ALL, ESPECIALLY THOSE WHO ARE POOR AND VULNERABLE.

Program Service Accomplishments

Program 1
Expenses: $3,688,053 Revenue: $0

AT PROVIDENCE, WE USE OUR VOICE TO ADVOCATE FOR VULNERABLE POPULATIONS AND NEEDED REFORMS IN HEALTH CARE. WE ARE ALSO PURSUING INNOVATIVE WAYS TO TRANSFORM HEALTH CARE BY KEEPING PEOPLE HEALTHY, AND...

Read more

AT PROVIDENCE, WE USE OUR VOICE TO ADVOCATE FOR VULNERABLE POPULATIONS AND NEEDED REFORMS IN HEALTH CARE. WE ARE ALSO PURSUING INNOVATIVE WAYS TO TRANSFORM HEALTH CARE BY KEEPING PEOPLE HEALTHY, AND MAKING OUR SERVICES MORE CONVENIENT, ACCESSIBLE AND AFFORDABLE FOR ALL. IN AN INCREASINGLY UNCERTAIN WORLD, WE ARE COMMITTED TO HIGH-QUALITY, COMPASSIONATE CARE FOR EVERYONE - REGARDLESS OF COVERAGE OR ABILITY TO PAY. WE HELP PEOPLE AND COMMUNITIES BENEFIT FROM THE BEST HEALTH CARE MODEL FOR THE FUTURE - TODAY. TOGETHER, OUR 117,000 CAREGIVERS (ALL EMPLOYEES) SERVE IN 51 HOSPITALS, 1,000 CLINICS AND A COMPREHENSIVE RANGE OF HEALTH AND SOCIAL SERVICES ACROSS ALASKA, CALIFORNIA, MONTANA, NEW MEXICO, OREGON, TEXAS AND WASHINGTON. THE PROVIDENCE FAMILY INCLUDES: -PROVIDENCE ACROSS SEVEN WESTERN STATES -COVENANT HEALTH IN WEST TEXAS -PROVIDENCE FACEY MEDICAL FOUNDATION IN LOS ANGELES, CA -KADLEC IN SOUTHEAST WASHINGTON -PACIFIC MEDICAL CENTERS IN SEATTLE, WA -SWEDISH HEALTH SERVICES IN SEATTLE, WA AS A COMPREHENSIVE HEALTH CARE ORGANIZATION, WE ARE SERVING MORE PEOPLE, ADVANCING BEST PRACTICES AND CONTINUING OUR MORE THAN 100-YEAR TRADITION OF SERVING THE POOR AND VULNERABLE. DELIVERING SERVICES ACROSS SEVEN STATES, PROVIDENCE IS COMMITTED TO TOUCHING MILLIONS OF MORE LIVES AND ENHANCING THE HEALTH OF THE AMERICAN WEST TO TRANSFORM CARE FOR THE NEXT GENERATION AND BEYOND. THROUGH COMMUNITY BENEFIT PROGRAMS AND OTHER HIGH-IMPACT INVESTMENTS, WE WORK TO ENSURE BASIC HEALTH NEEDS ARE MET AND SERVE TO REMOVE BARRIERS TO CARE, BUILD COMMUNITY RESILIENCE AND INNOVATE FOR THE FUTURE. MINISTRIES AND AFFILIATES SUPPORT ORGANIZATIONS, PROGRAMS AND INITIATIVES THAT IMPROVE HEALTH AND WELL-BEING AND INCREASE EQUITABLE ACCESS TO QUALITY CARE AT THE COMMUNITY LEVEL AND AT SCALE ACROSS SEVEN STATES. WE ARE PROUD OF OUR HISTORY AND CONTINUED COMMITMENT TO HELPING BUILD A MORE EQUITABLE, SUSTAINABLE FUTURE. OUR STEADFAST COMMITMENT TO RESPONDING TO COMMUNITY NEED IS ONE OF THE MANY WAYS MINISTRIES, AFFILIATES AND CAREGIVERS LIVE OUT OUR SHARED MISSION AND CONTINUE TO SERVE AS A VITAL SAFETY NET FOR THOSE WHO ARE VULNERABLE. FOR MORE INFORMATION GO TO: HTTPS://WWW.PROVIDENCE.ORG/ABOUT/ANNUAL-REPORT ENVIRONMENTAL, SOCIAL, AND GOVERNANCE STANDARDS PROVIDENCE CONTINUES TO EXECUTE ON OUR INTEGRATED STRATEGIC AND FINANCIAL PLAN, WHICH CLEARLY EXPRESSES OUR COMMITMENT AND ACCELERATION OF THE IMPORTANT WORK TO ADDRESS SOCIAL, RACIAL, AND ECONOMIC DISPARITIES AND REDUCE OUR CARBON FOOTPRINT IN THE COMMUNITIES WE SERVE. PROVIDENCE ADVANCES PROGRESS ON OUR CARBON NEGATIVE GOAL AND IN 2023 WE ESTIMATED THAT WE DECREASED EMISSIONS BY OVER 12 PERCENT COMPARED TO OUR 2019 BASELINE. IN ADDITION, OUR EFFORTS LED TO THE INTRODUCTION OF THE GREEN HOSPITALS ACT, LEGISLATION MODELED AFTER PROVIDENCE THAT WOULD PROVIDE CRITICAL FEDERAL FUNDING TO WEATHERIZE AND MODERNIZE HEALTH CARE FACILITIES. PROVIDENCE COMPLETED A COMPREHENSIVE CLIMATE RESILIENCE PLAN IN ALIGNMENT WITH OUR COMMITMENT TO THE US DEPARTMENT OF HEALTH AND HUMAN SERVICES CLIMATE PLEDGE. WE CONTINUE TO REDUCE GREENHOUSE GAS EMISSIONS WITH A FOCUS ON LED LIGHTING UPGRADES, WATER CONSERVATION, MORE EFFICIENT DELIVERY OF NITROUS OXIDE GAS DURING ANESTHESIA, AND ADVANCING OUR WASTE OPTIMIZATION WORK ACROSS ALL HOSPITALS AND CLINICS. PROVIDENCE ST. JOSEPH HEALTH FOUNDATION ENGAGES PHILANTHROPY TO HELP SOLVE SOME OF OUR NATION'S MOST COMPLEX AND SYSTEMIC HEALTH ISSUES AND EFFECT MEANINGFUL PROGRESS TOWARD MAKING WORLD-CLASS HEALTH SERVICES ACCESSIBLE TO EVERYONE, ESPECIALLY THOSE WHO ARE MOST VULNERABLE. THE FOUNDATION OFFERS AT-SCALE FUNDING PRIORITIES TO SUPPORT WHOLE-PERSON CARE, TECHNOLOGY, DATA, AND RESEARCH; CLINICAL INSTITUTES; VULNERABLE COMMUNITIES; HEALTH EQUITY, AND ENVIRONMENTAL STEWARDSHIP IN SUPPORT OF PROVIDENCE'S VISION OF CREATING HEALTH FOR A BETTER WORLD.

🔒

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 $2,228,084
Program Service Revenue $0
Investment Income $1,117
Other Revenue $-272,586
TOTAL REVENUE $1,956,615

Expense Breakdown

Grants Paid $3,688,053
Salaries & Benefits $132,209
Fundraising Expenses $0
Program Expenses $3,688,053
Other Expenses $80,113
TOTAL EXPENSES $3,900,375

Year-over-Year Comparison

2023 2022 Change
Revenue $1,956,615 $3,935,613 -0.5%
Expenses $3,900,375 $1,270,552 +2.1%
Net Income $-1,943,760 $2,665,061 -1.7%
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
13
Independent Members
9
Employees
N/A
Volunteers
144

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
2
$0
Total Directors
15
$18,355,265
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROD F HOCHMAN MD DIRECTOR 0.50
Director
$0 $935,262 $14,800,078
SANDRA ANDREWS DIRECTOR 0.50
Director
$0 $11,374 $1,540,493
LAURIE KELLEY DIRECTOR 0.50
Director
$0 $160,142 $1,265,290
NWANDO ANYAOKU MD DIRECTOR 0.50
Director
$0 $88,105 $749,404
CHRISTINE SCHAEFFER PHD VICE PRESIDENT/VICE CHAIR/TREASURER 1.00
Officer Director
$0 $0 $0
COREY DUBROWA DIRECTOR - THRU 6/23 0.50
Director
$0 $0 $0
DAN POPE DIRECTOR 0.50
Director
$0 $0 $0
GILBERT WOOTTON DIRECTOR 0.50
Director
$0 $0 $0
GRETCHEN WILLISON DIRECTOR 0.50
Director
$0 $0 $0
JASON METROKIN DIRECTOR 0.50
Director
$0 $0 $0
JOE BOYLE DIRECTOR 0.50
Director
$0 $0 $0
KATHERINE DURHAM DIRECTOR 0.50
Director
$0 $0 $0
MAJDI DAHER DIRECTOR - THRU 4/23 0.50
Director
$0 $0 $0
MARGARITA SOLAZZO DIRECTOR 0.50
Director
$0 $0 $0
WILLIAM C KENNEDY PRESIDENT/CHAIR 1.00
Officer Director
$0 $0 $0
GREG HOFFMAN FRMR OFF. - PRESIDENT/CEO 0.00
$0 $334,955 $3,539,549
JO ANN ESCASA-HAIGH FRMR EVP/ASSISTANT TREASURER 0.00
$0 $10,754 $3,302,551
JIM WATSON ESQ FRMR OFF - PSJH SEC./ASST. SEC. 0.00
$0 $146,931 $1,115,622
JOHN WHIPPLE FRMR SECRETARY 0.00
$0 $0 $541,701
DONALD ANDERSON JR FRMR OFF - PSJH ASST. SEC. ENROLL. 0.00
$0 $30,846 $323,721
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 No data No data No data No data
2023 $1,956,615 $3,900,375 $4,940,803 $-1,943,760
2022 $3,935,613 $1,270,552 $6,207,875 $2,665,061
2021 $184,230 $197,352 $2,508,944 $-13,122
2020 $523,410 $572,286 $2,520,302 $-48,876
2020 $523,410 $572,286 $2,520,302 $-48,876
2019 $934,815 $694,099 $2,556,338 $240,716
2018 $853,318 $198,176 $1,584,927 $655,142
Explore More Nonprofits
Top 100 Nonprofits in Oregon Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare PROVIDENCE ST JOSEPH HEALTH FOUNDATION with other nonprofits in Oregon and across the country.