CHRISTUS HEALTH FOUNDATION OF Southeast Texas

What it reported doing in 2024

CHRISTUS Health Foundation of Southeast Texas is a Texas non-profit organization serving the philanthropic needs of CHRISTUS Health Southeast Texas (the "Health System"). It is the Foundation's responsibility to encourage and receive contributions from individuals, corporations, associations, and foundations. These contributions are distributed to the Health System and its subsidiary non-profit hospitals, in accordance with the intentions of the donors and within the confines of the Foundation's goals and objectives. All contributions assist the Health System in providing continuing high quality health care in areas such as modernization and construction of needed hospital facilities, acquisition of hospital equipment, and other special health care needs of the Health System. The Foundation also sponsors the Children's Miracle Network (CMN) for children's health services in the community. Funds raised for the CMN are restricted to provide needed equipment and improvements to the Pediatric and Obstetrical Care Units of the supported hospitals. The CMN Grant Assistance Program focuses on children with healthcare needs who may require financial assistance. Grants are awarded when specific criteria and guidelines are met. The Foundation sponsors other local events to provide support for coronary care, oncology and hyperbaric treatment. The Foundation's sole corporate member is CHRISTUS HEALTH SOUTHEAST TEXAS; CHRISTUS HEALTH SOUTHEAST TEXAS' sole corporate member is CHRISTUS Health.CHRISTUS Health Southeast Texas includes all of the hospitals, clinics, services and other ministries of CHRISTUS Health located in the Beaumont, Port Arthur, and Jasper areas of Texas. A myriad of other health services, such as physician offices, clinics, outpatient services and programs are located throughout the eight-county area served by CHRISTUS Health Southeast Texas. CHRISTUS Health was formed in 1999 to strengthen the 153-year-old, faith-based health care ministries of the Congregations of the Sisters of Charity of the Incarnate Word of Houston and San Antonio. Founded on the mission "to extend the healing ministry of Jesus Christ," CHRISTUS is challenged to reach out to, and beyond, the more than 60 communities we serve to help those in need. CHRISTUS Health responds to the health care needs of its communities through services provided at more than 60 hospitals and long-term care facilities, 175 clinics and outpatient centers, and other community health ministries and community development ventures. CHRISTUS services can be found in Arkansas, Louisiana, New Mexico, Texas, six provinces of Mexico, Colombia and Chile. Although programs may differ from facility to facility, each of our health care entities has the same objective -- which is to lead the way to a healthier community.

Financial Efficiency

• Mission deployment rate: 51.2%; rating input score 51
• Program expense ratio: 76.4%; rating input score 76
• Fundraising efficiency: $175.22 raised per $1 spent on fundraising; rating input score 91; 91st percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
• Pay-setting controls: 0 of 6 controls in place; rating input score 0
  • Compensation committee: Missing
  • Independent consultant: Missing
  • Other Form 990s reviewed: Missing
  • Written employment contract: Missing
  • Compensation survey or study: Missing
  • Board or committee approval: Missing
• Foreign activity oversight: Limited
• Grant itemization coverage: 99.6%; rating input score 100; 39th percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Yes; rating input score 100

Accountability

• Independent voting board: 92.9%; rating input score 93; 23rd percentile among comparable filings
• Governance controls: 8 of 8 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: NotApplicable
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 44.3%; rating input score 90; 90th percentile among comparable filings
• Total-asset coverage ratio: 9.99; rating input score 91; 91st percentile among comparable filings
• Liabilities to assets ratio: 0; rating input score 94; 94th percentile among comparable filings
• Officer compensation ratio: 6.5%; rating input score 44; 44th percentile among comparable filings

Growth

• Program expense growth: 12.6% per year; rating input score 100; 72nd percentile among comparable filings
• Revenue growth: 8.9% per year; rating input score 100; 64th percentile among comparable filings
• Asset growth: 9.6% per year; rating input score 100; 57th percentile among comparable filings