Catholic Health East
Nonprofit profile at a glance
- EIN
- 232929748
- IRS 990 coverage
- 2010–2012
- Forms available
- Form 990 2012
- Location
- Newtown Square, PA, USA
- Phone
- 6103552000
- Rating confidence
- Limited
- Sector
- Community Health Systems
- Affiliation
- Christianity
Reported finances
- Revenue
- $139,383,000
- Expenses
- $139,800,000
- Assets
- $276,162,000
- Liabilities
- $245,227,000
Source: IRS Form 990. Selected filing: tax year 2012. Amounts in USD.
Leadership & pay
35 people listed
Source: IRS Form 990. Selected filing: tax year 2012. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Catholic Health East is a community of persons committed to being a transforming, healing presence within the communities we serve. To effect this mission, we treat all persons whom we serve and with whom we work with respect and compassion, calling forth their best human potential; we provide a full range of services that support healthy communities, including quality medical care and holistic approaches to healing the body, spirit, and mind; we collaborate with others who share a common mission and vision; we continually seek ways to assure access to services to persons most in need, we identify and develop leaders in the Catholic health ministry; we advocate public policies and initiatives -- particularly in the area of healthcare -- that ensure quality of life for all.
What it reported doing in 2012
Catholic Health East ("CHE") serves as the parent organization for health systems located in various locations along the East coast from Maine to Florida. Through its network of healthcare providers the system accounted for over $322 million in community benefit programs and services. CHE provides administrative and management support to 35 acute-care hospitals, four long-term acute-care hospitals, 26 freestanding and hospital-based, long-term care facilities, 12 assisted-living facilities, four continuing care retirement communities, eight behavioral health and rehabiliation facilities, 31 home health/hospice agencies, and numerous ambulatory and community-based health services.
Operating model
- Revenue model
- Earned-program. 100% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 88
- Accountability: 93
- Sustainability: 32
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: 5 of 6 controls in place; rating input score 83
- Compensation committee: Pass
- Independent consultant: Pass
- Other Form 990s reviewed: Missing
- Written employment contract: Pass
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Scored; rating input score 0
Accountability
- Independent voting board: 88.2%; rating input score 88; 45th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -0.3%; rating input score 20; 20th percentile among comparable filings
- Total-asset coverage ratio: 1.98; rating input score 70; 70th percentile among comparable filings
- Liabilities to assets ratio: 0.89; rating input score 13; 13th percentile among comparable filings
- Officer compensation ratio: 9.9%; rating input score 3; 3rd percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 9.6% per year; rating input score 100; 79th percentile among comparable filings
- Asset growth: 30% per year; rating input score 100; 95th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 15 of 17 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $111.8M in reported program spending
- Leadership: top reported pay $3.9M · 35 people listed · 5 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed
- Consistency: 30 of 30 current checks pass
- Schedules: 6 filed schedules · includes executive pay and related organizations
- Filing history: 3 filing years from 2010 to 2012
- Related organizations: 192 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Transparency & Controls: Related-party transparency scored 0/100.
- High — Sustainability: Operating margin scored 20/100.
- High — Sustainability: Officer compensation ratio scored 3/100.
- High — Sustainability: Liabilities to assets ratio scored 13/100.
- High — Grant Readiness: Federal audit findings: this organization reported findings in its latest federal Single Audit.