Medical and Dental Staff Fund St Francis Hospital & Medical Center

Nonprofit profile at a glance

EIN
061049909
IRS 990 coverage
2012–2024
Forms available
Form 990 2024
Location
Hartford, CT, USA
Phone
8607144088
Rating
72
Verdict
SUPPORTED
Rating confidence
Moderate

Reported finances

Revenue
$47,633
Expenses
$98,971
Assets
$638,142
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

12 people listed

Executive titles in this filing

  • EDWARD KELLY DMD (PRESIDENT)
  • STEPHEN CALDERONE MD (IMMEDIATE PAST PRESIDENT)

Highest reported compensation

  • STEPHEN CALDERONE MD (IMMEDIATE PAST PRESIDENT): $18,750 total reported compensation
  • HARIS ATHAR MD (COMMITTEE CHAIR): $15,002 total reported compensation
  • YANNA KARABATSOS MD (TREASURER): $7,500 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To collaborate with the hospital administration and board; strive for excellence in patient care and community health through patient advocacy, effective quality monitoring, peer review, credentialing and governance of the medical staff.

What it reported doing in 2024

The membership program requires $250 be paid annually by each member. The money is used to promote and encourage the saint francis medical staff fund's mission. Membership is offered to the medical and dental staff of saint francis hospital, in hartford, ct.

Operating model

Revenue model
Earned-program. 86% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 83% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 82
  • Transparency & Controls: 84
  • Accountability: 59
  • Sustainability: 34
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 91.1%; rating input score 91
  • Program expense ratio: 94.4%; rating input score 94
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 88.9%; rating input score 89; 9th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 93.5%; rating input score 93; 55th percentile among comparable filings
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 77.8%; rating input score 78; 24th percentile among comparable filings
  • Governance controls: 3 of 9 controls in place; rating input score 33
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Pass
    • CEO compensation review process: Fail
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -107.8%; rating input score 19; 19th percentile among comparable filings
  • Total-asset coverage ratio: 6.45; rating input score 54; 54th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 69; 69th percentile among comparable filings
  • Officer compensation ratio: 41.7%; rating input score 8; 8th percentile among comparable filings

Growth

  • Program expense growth: -1.5% per year; rating input score 0; 46th percentile among comparable filings
  • Revenue growth: -3.1% per year; rating input score 0; 49th percentile among comparable filings
  • Asset growth: 2.2% per year; rating input score 100; 53rd percentile among comparable filings

Details

  • Where the money goes: 91.1% of revenue deployed · 94.4% of spending went to programs
  • Governance: 7 of 9 board members independent · 3 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $93K in reported program spending
  • Leadership: top reported pay $19K · 12 people listed
  • Consistency: 15 of 16 current checks pass · 1 finding to review
  • Schedules: 3 filed schedules · includes grants
  • Filing history: 13 filing years from 2012 to 2024
  • Contacts: How to reach this organization
  • Money network: 5 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • 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.

  • Moderate — Accountability: Governance controls: 5 of 8 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 19/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • Review — Sustainability: Total-asset coverage ratio scored 54/100.
  • High — Sustainability: Officer compensation ratio scored 8/100.