Saint Joseph Hospital Foundation

Nonprofit profile at a glance

EIN
840735096
IRS 990 coverage
2012–2024
Forms available
Form 990 2024, Form 990-T 2020
Location
Denver, CO, USA
Phone
3038126437
Rating
60
Verdict
SUPPORTED
Rating confidence
Standard
Sector
Fund Raising and/or Fund Distribution

Reported finances

Revenue
$5,742,539
Expenses
$2,113,099
Assets
$18,184,200
Liabilities
$138,912

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

Leadership & pay

33 people listed

Executive titles in this filing

  • LESLIE MCKAY (EXECUTIVE DIRECTOR (PARTIAL))

Highest reported compensation

  • SCOTT PEEK (TRUSTEE (PARTIAL)): $1,505,097 total reported compensation
  • RICKI KELLY (FORMER OFFICER): $498,169 total reported compensation
  • MARSHALL GOTTESFELD MD (TRUSTEE): $382,133 total reported compensation

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

Overview

Mission

We reveal and foster god's healing love by improving the health of the people and communities we serve, especially those who are poor and vulnerable.

What it reported doing in 2024

Saint joseph hospital foundation provides financial support for saint joseph hospital, which services the community of denver, Colorado and supports saint joseph hospital in its mission of revealing and fostering god's healing love by improving the health of the people and communities it serves, especially those who are poor and vulnerable. Saint joseph hospital was founded in 1873 by the sisters of charity of leavenworth and is Colorado's first private hospital and its first private teaching hospital. On april 1, 2022, intermountain health care, inc. And sisters of charity of leavenworth health system, inc. Affiliated, creating a model health system that provides high-quality, accessible, and affordable healthcare to communities in Utah, Idaho, Nevada, Colorado, Montana, and Wyoming. The organization employs more than 68,000 caregivers, operates 33 hospitals (including one virtual hospital), and runs hundreds of clinics, while providing health insurance to over one million people in Utah, Idaho and Nevada.as part of intermountain healthcare, saint jospeh has direct access to best practices, resources, technology, talent, and strategic capital.saint joseph hospital foundation supports the following areas of activity at saint joseph hospital: charity care & community health: saint joseph hospital and three community clinics provide low and no-cost health care including family medicine, internal medicine, general surgery, and obstetrics/gynecology to uninsured or underinsured, low-income individuals and families in the denver area.behavioral health: donors fund integreated care, especially for pregnant and postpartum women, and no-cost suicide prevention programming for at-risk patients.women & infants care: our donors invest in programs that support women and children at all stages of life. Funds support the neonatal intensive care unit, fourth trimester care for postpartum women, and fund reunions of parents and children who received care in the nicu.cardiovascular & respiratory care: donors support innovation and education for those working and receiving care in the cardiovascular and respiratory units. Donor funds have created a cardiac intensive care unit, cardiovascular lectureship series, and a respiratory institute to support patients in managing chronic respiratory diseases.medical education: scholarship and education funds support qualified saint joseph hospital, caregivers, nurses, allied health professionals, and physicians to obtain advanced education and training in a variety of specialty and certified programs. These funds also support conference attendance, graduate medical education, the simulation lab, and workforce development programs.oncology & cancer care: financial navigation for oncology patients ensures they identify and take advantage of health insurance, patient assistance, and other financial support programs to reduce the financial toxicity related to chronic disease diagnoses. Funds also support building a comprehensive gynecologic oncology program to improve survival rates.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Grant intermediary. The nonprofit sent 82% of its reported program spending out as grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 39
  • Transparency & Controls: 73
  • Accountability: 91
  • Sustainability: 82
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 34.1%; rating input score 34
  • Program expense ratio: 45.5%; rating input score 46
  • Fundraising efficiency: $11.3 raised per $1 spent on fundraising; rating input score 42; 42nd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 93.8%; rating input score 94; 20th 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: 99.3%; rating input score 99; 38th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Yes; rating input score 100

Accountability

  • Independent voting board: 92.6%; rating input score 93; 23rd percentile among comparable filings
  • Governance controls: 7 of 8 controls in place; rating input score 88
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Fail
    • 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: 63.2%; rating input score 95; 95th percentile among comparable filings
  • Total-asset coverage ratio: 8.61; rating input score 90; 90th percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 87; 87th percentile among comparable filings
  • Officer compensation ratio: 28%; rating input score 6; 6th percentile among comparable filings

Growth

  • Program expense growth: -11.8% per year; rating input score 0; 2nd percentile among comparable filings
  • Revenue growth: -5.5% per year; rating input score 0; 3rd percentile among comparable filings
  • Asset growth: -1.3% per year; rating input score 0; 9th percentile among comparable filings

Details

  • Where the money goes: 34.1% of revenue deployed · 45.5% of spending went to programs
  • Governance: 25 of 27 board members independent · 7 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $962K in reported program spending
  • Leadership: top reported pay $1.5M · 33 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 32 of 33 current checks pass · 1 finding to review
  • Schedules: 8 filed schedules · includes major donors, grants, executive pay, and related organizations
  • Filing history: 12 filing years from 2012 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: 85 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.

  • Moderate — Financial Efficiency: Mission deployment rate scored 34/100.
  • Moderate — Financial Efficiency: Program expense ratio scored 46/100.
  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • Moderate — Financial Efficiency: Fundraising efficiency scored 42/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Accountability: Governance controls: CEO compensation review process not reported.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 6/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.