ST JOSEPH HEALTH SYSTEM

EIN: 953589356 501(c)(3) Health Care

RENTON, WA

Total Revenue
$191,282,837
Total Expenses
$195,692,299
Total Assets
$1,906,852,713
Net Assets
$-41,533,843
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Financial Trends

Organization Details

Formation Year
1981
Legal Domicile
CA
Principal Officer
ERIK WEXLER
Phone
9493814000
Tax Period
2023-01-01 to 2023-12-31

ST JOSEPH HEALTH SYSTEM, founded in 1981, is a major nonprofit in the Health Care sector that reported $191.3M in total revenue in fiscal year 2023. Revenue fell 27% from the prior year — a significant decline worth monitoring.

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: $138,917,633 Revenue: $173,169,555

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...

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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 STANDARDSPROVIDENCE 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.COMMUNITY BENEFIT OPERATIONSTHE SYSTEM OFFICE ALSO PROVIDES KEY COMMUNITY BENEFIT STRATEGIC SUPPORT TO LOCAL MINISTRIES ON COMMUNITY BENEFIT PLANNING, COMMUNITY HEALTH NEEDS ASSESSMENTS, AND INTERNAL AND EXTERNAL REPORTING. THIS WORK IS ACCOMPLISHED IN PARTNERSHIP WITH VARIOUS KEY SYSTEM OFFICE DEPARTMENTSINCLUDING ADVOCACY, COMMUNITY OUTREACH, LEGAL AND STRATEGIC SERVICES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $380,813
Program Service Revenue $172,662,011
Investment Income $17,732,469
Other Revenue $507,544
TOTAL REVENUE $191,282,837

Expense Breakdown

Grants Paid $9,877,357
Salaries & Benefits $78,008,573
Fundraising Expenses $0
Program Expenses $138,917,633
Other Expenses $107,806,369
TOTAL EXPENSES $195,692,299

Year-over-Year Comparison

2023 2022 Change
Revenue $191,282,837 $260,896,312 -0.3%
Expenses $195,692,299 $198,738,334 0.0%
Net Income $-4,409,462 $62,157,978 -1.1%
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
11
Independent Members
11
Employees
994
Volunteers
60

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
6
$13,869,271
Total Directors
11
$405,151
Key Employees
1
$943,695
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ERIK WEXLER PRESIDENT/CEO 0.50
Officer
$0 $461,693 $5,616,067
GREG HOFFMAN EVP & CFO/TREASURER 0.50
Officer
$0 $334,955 $3,539,549
JO ANN ESCASA-HAIGH FRMR EVP/TREASURER/CFO 0.00
$0 $10,754 $3,302,551
ANNA NEWSOM EVP & CHIEF LEGAL OFFICER/SECRETARY 1.00
Officer
$0 $412,545 $2,329,749
KEVIN MANEMANN FRMR KE - PSJH EVP CE SO CA 0.00
$0 $13,287 $2,039,677
JEREMY ZOCH FRMR KE - SJO CE 0.00
$0 $36,993 $1,910,283
BRIAN LEE HELLELAND FRMR KE - DIV COO - SOUTH 0.00
$0 $245,496 $1,881,980
RICHARD PARKS FRMR OFF - EXEC. ADVISOR 0.00
$0 $37,055 $1,822,649
WALTER CATHEY FRMR KE - NM/TX REG CE 0.00
$0 $203,418 $1,645,841
SETH TEIGEN FRMR KE - MISSION CE 0.00
$0 $205,108 $1,389,695
JIM WATSON ESQ ASSISTANT SECRETARY 0.50
Officer
$0 $146,931 $1,115,622
JIM MARTIN ASSISTANT TREASURER (PART YEAR) 1.00
Officer
$0 $115,635 $944,563
TERRI WARREN CHIEF COMMUNITY SRVCS - HCC 26.50
Key Emp
$0 $238,537 $943,695
JOHN WHIPPLE FRMR SECRETARY 0.00
$0 $0 $541,701
MICHAEL ROBINSON CHIEF HOME HEALTH 50.00
Highest
$413,097 $53,201 $466,298
MICHELE GLOVER EXEC DIR, HOME HEALTH 50.00
Highest
$290,317 $49,281 $339,598
DONALD ANDERSON JR ASSISTANT SECRETARY FOR ENROLLMENT 0.50
Officer
$0 $30,846 $323,721
KEVIN KLOCKENGA FRMR KE - REG CHIEF EXECUTIVE-NO CA 0.00
$0 $0 $281,492
ALLAN KOMAREK EXEC. DIRECTOR CLINICAL EXCELLENCE 50.00
Highest
$253,610 $24,415 $278,025
JILL LAMB CLINICAL PHARMACIST 50.00
Highest
$244,644 $31,835 $276,479
STEFFI ELLEIN DE LEON OCCUPATIONAL THERAPIST 50.00
Highest
$229,749 $37,538 $267,287
MARY LYONS PHD TRUSTEE 0.50
Director
$0 $0 $100,085
MICHAEL MURPHY BOARD CHAIR 1.00
Director
$0 $0 $75,066
CHARLES SORENSON MD TRUSTEE 0.50
Director
$0 $0 $50,000
ISIAAH CRAWFORD PHD TRUSTEE 0.50
Director
$0 $0 $50,000
RICHARD BLAIR TRUSTEE 0.50
Director
$0 $0 $50,000
ERIC SPRUNK TRUSTEE 0.50
Director
$0 $0 $40,000
MARY BETH KINGSTON TRUSTEE 0.50
Director
$0 $0 $40,000
MARVIN O'QUINN TRUSTEE (PART YEAR) 0.50
Director
$0 $0 $0
SISTER CAROL PACINI LCM TRUSTEE 0.50
Director
$0 $0 $0
SISTER DIANE HEJNA CSJ RN TRUSTEE 0.50
Director
$0 $0 $0
SISTER PHYLLIS HUGHES RSM DRPH TRUSTEE 0.50
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
2024 No data No data No data No data
2023 $191,282,837 $195,692,299 $1,906,852,713 $-4,409,462
2022 $260,896,312 $198,738,334 $1,265,692,573 $62,157,978
2021 $486,034,349 $504,624,195 $413,746,652 $-18,589,846
2020 $481,765,148 $486,428,109 $465,201,527 $-4,662,961
2019 $547,491,234 $559,839,702 $2,690,773,867 $-12,348,468
2018 $518,576,562 $559,587,948 $2,607,554,873 $-41,011,386
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