St Mary's Health Inc

Nonprofit profile at a glance

EIN
352057801
IRS 990 coverage
2009–2014
Forms available
Form 990 2014
Location
Evansville, IN, USA
Phone
8124854178
Rating
76
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Community Health Systems

Official website

Reported finances

Revenue
$47,310,439
Expenses
$42,017,019
Assets
$0
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2014. Amounts in USD.

Leadership & pay

16 people listed

Executive titles in this filing

  • KEITH JEWELL (CEO/PRESIDENT)

Highest reported compensation

  • JONATHAN NALI (BOARD MEMBER): $248,853 total reported compensation
  • KEITH JEWELL (CEO/PRESIDENT): $147,640 total reported compensation
  • KARL SASH MD (BOARD MEMBER): $133,043 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2014. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Integrated health care system serving southwestern Indiana.

What it reported doing in 2014

St. Mary's health, inc. Acts as the parent corporation for an integrated health care delivery network. As the parent corporation of this health system, st. Mary's health, inc. Has developed system-level policies, integrated strategic planning and financial reporting practices, implemented quality initiatives and shared best practices among the system component operations. See schedule o for additional information.

Operating model

Revenue model
Affiliate-supported. 67% of the money available for current operations came from contributions from related organizations.
Distribution model
Grant intermediary. The nonprofit sent 61% of its reported program spending out as grants.

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 some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 83
  • Transparency & Controls: 76
  • Accountability: 75
  • Sustainability: 47
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 89%; rating input score 89
  • Program expense ratio: 100%; rating input score 100
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd 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: 100%; rating input score 100; 71st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Yes; rating input score 100

Accountability

  • Independent voting board: 75%; rating input score 75; 15th percentile among comparable filings
  • Governance controls: 6 of 8 controls in place; rating input score 75
    • 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: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 11.2%; rating input score 77; 77th percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 0; 0th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0.1%; rating input score 93; 93rd percentile among comparable filings

Growth

  • Program expense growth: -55.7% per year; rating input score 0; 1st percentile among comparable filings
  • Revenue growth: 27.9% per year; rating input score 100; 95th percentile among comparable filings
  • Asset growth: 18.1% per year; rating input score 100; 89th percentile among comparable filings

Details

  • Where the money goes: 89% of revenue deployed · 100% of spending went to programs
  • Governance: 12 of 16 board members independent · 6 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $42M in reported program spending
  • Leadership: top reported pay $249K · 16 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 29 of 29 current checks pass
  • Schedules: 8 filed schedules · includes major donors, grants, executive pay, and related organizations
  • Filing history: 5 filing years from 2009 to 2014
  • Contacts: How to reach this organization
  • Money network: 9 filed money-flow records
  • Related organizations: 68 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • Review — Accountability: Governance controls: 2 of 8 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 0/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.