St Catherine Hospital Inc

Nonprofit profile at a glance

EIN
351738708
IRS 990 coverage
2009–2024
Forms available
Form 990 2024, Form 990-T 2024
Location
East Chicago, IN, USA
Phone
2193921700
Rating
74
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Hospital, General

Reported finances

Revenue
$216,400,040
Expenses
$206,548,992
Assets
$80,945,866
Liabilities
$15,715,213

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

Leadership & pay

26 people listed

Executive titles in this filing

  • Edward l Williams phd (President)
  • Maria Luz Corona magistrate (Vice President)

Highest reported compensation

  • Gregg Ferlin (SR VP AND SYSTEM CFO): $875,762 total reported compensation
  • Leo Correa (Administrator): $678,483 total reported compensation
  • Vatsal Patel md (Director): $605,142 total reported compensation

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

Overview

Mission

St. Catherine hospital, inc. Is committed to providing the highest quality care in the most cost-efficient manner, respecting the dignity of the individual, providing for the well-being of the community and serving the needs of all people, including the poor and disadvantaged.

What it reported doing in 2024

St. Catherine hospital, inc. Is a 216 bed acute care hospital that offers a broad range of services to care for its patients without regard to their ability to pay. St. Catherine hospital, inc. Provides leading-edge care to patients in northwest Indiana. Through its dedication to quality and innovation, st. Catherine hospital, inc. Has earned a multitude of accreditations, awards, and certifications in its pursuit of improving the health of its patients and community.

Operating model

Revenue model
Other-operating. 99% of the money available for current operations came from other operating revenue.
Distribution model
Direct operator. The filing allocates 100% 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. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 80
  • Transparency & Controls: 71
  • Accountability: 77
  • Sustainability: 45
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 88.1%; rating input score 88
  • Program expense ratio: 92.3%; rating input score 92
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 68th 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: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Yes; rating input score 100

Accountability

  • Independent voting board: 76.5%; rating input score 76; 25th percentile among comparable filings
  • Governance controls: 7 of 9 controls in place; rating input score 78
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Fail
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 4.6%; rating input score 55; 55th percentile among comparable filings
  • Total-asset coverage ratio: 0.39; rating input score 14; 14th percentile among comparable filings
  • Liabilities to assets ratio: 0.19; rating input score 69; 69th percentile among comparable filings
  • Officer compensation ratio: 1.9%; rating input score 58; 58th percentile among comparable filings

Growth

  • Program expense growth: -0.1% per year; rating input score 0; 7th percentile among comparable filings
  • Revenue growth: 1% per year; rating input score 100; 9th percentile among comparable filings
  • Asset growth: 1% per year; rating input score 100; 10th percentile among comparable filings

Details

  • Where the money goes: 88.1% of revenue deployed · 92.3% of spending went to programs
  • Governance: 13 of 17 board members independent · 7 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $190.7M in reported program spending
  • Leadership: top reported pay $876K · 26 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 43 of 43 current checks pass
  • Schedules: 7 filed schedules · includes major donors, executive pay, and related organizations
  • Filing history: 16 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 8 filed money-flow records
  • Related organizations: 16 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.

  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • High — Growth: Program expense growth scored 0/100.
  • Review — Accountability: Governance controls: 2 of 9 not reported.
  • High — Sustainability: Total-asset coverage ratio scored 14/100.
  • Review — Sustainability: Operating margin scored 55/100.
  • Review — Sustainability: Officer compensation ratio scored 58/100.