Seton Insurance Services Corporation

What it reported doing in 2024

The filing organization is a part of the ascension catholic health ministry. Ascension is a faith-based healthcare organization that delivers personalized, compassionate care to all, especially to those who need it the most. This entity had no financial activity during the period covered by this return. Seton insurance services corporation serves as an integral part of the roman catholic church to carry out its mission in support of or in furtherance of its charitable purposes. It also serves as the parent corporation for seton health plan, inc., seton physician hospital network, seton health alliance, inc., seton insurance company and dell children's health alliance. Our mission includes the following: further the philosophy and mission of ascension health and ascension Texas (dba seton healthcare family) of healing and service to the sick and poor, and promote, support and engage in any of the religious, charitable, educational and scientific ministries established by ascension health and seton healthcare family. Provide medically necessary services to patients who are financially or medically indigent regardless of the person's race, creed, color, religion, sex, national origin, age or ability to pay. Based on an established eligibility system, medical services will be provided to the extent the corporation's financial resources permit. Raise funds from the public and from all other sources available, receive and maintain such funds and expend principal and income there from in support of or in furtherance of the charitable purposes acquire, own, lease as lessor or lessee, convey and otherwise deal in and with real and personal property and any interest therein, all in support of or in furtherance of the charitable purposes. - contract with other for profit and nonprofit organizations, individuals and governmental agencies in support of or in furtherance of the charitable purposes. - engage in any lawful activities within the purposes for which a nonprofit corporation may be organized under the Texas business organizations code which are in furtherance of or in support of the charitable purposes - promote cooperation and exchange of knowledge and experience among the various apostolates within the health care mission.

Financial Efficiency

• Mission deployment rate: Limited
• Program expense ratio: Limited

Transparency & Controls

• Consistency checks: 66.7%; rating input score 67; 1st percentile among comparable filings
• Major donor itemization: Limited

Sustainability

• Operating margin: Limited
• Total-asset coverage ratio: Limited
• Liabilities to assets ratio: Limited
• Officer compensation ratio: Limited

Growth

• Program expense growth: Limited
• Revenue growth: Limited
• Asset growth: Limited