Central Indiana Health System Cardiac Services Inc

Ascension St Vincent Cardiac Services

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 351869951 ✦ St louis, MO ✦ Designated as a 501(c)(3)

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Overview

What is Central Indiana Health System Cardiac Services Inc?

Central Indiana Health System Cardiac Services, Inc. is a nonprofit organization holding a 69.74% stake in St. Vincent Heart Center of Indiana, LLC. This 80-bed hospital campus, located within Central Indiana Health System Cardiac Services' jurisdiction, offers healthcare services to individuals regardless of their race, creed, national origin, economic status, or ability to pay. In fiscal year 2022, the organization treated 4,342 adults and children for a total of 22,042 patient days and catered to 15,124 outpatient visits, which included 52 outpatient surgeries and 3,117 Emergency Room Visits. As part of the Ascension Catholic health ministry, Central Indiana Health System Cardiac Services, Inc. remains committed to improving the health and well-being of community members, with a special focus on the poor and vulnerable, through spiritually-centered, holistic care. The organization serves in support of Ascension's mission as advocates for a compassionate and just society during the COVID-19 pandemic. The total workforce of this nonprofit comprises 561 employees.


Official website here: www.stvincent.org/locations/hospitals/heart-center-indianapolis

What are the reviews and ratings of this charity?

Charity Navigator Rating 79% - Three-Star out of Four Star Rating

Central Indiana Health System Cardiac Services Inc has achieved a 79% score, corresponding to a Three-Star rating from Charity Navigator. This rating reflects a strong emphasis on accountability and finance, as the overall score is based solely on this beacon. The organization demonstrates solid financial practices, with a high score across various categories, indicating effective oversight and transparency.

The organization has received full points in critical areas such as its audit and oversight committee, conflict of interest policy, and whistleblower policy, showcasing a commitment to maintaining ethical standards. Additionally, their low liabilities to assets ratio signifies a stable financial position, and a significant portion of expenses is directed towards programs, with a program expense ratio of 68.13%.

Despite these strengths, the ratings indicate that while the organization is financially sound, there may be areas for improvement in its operational effectiveness and programmatic impact, which are not reflected in the current financial metrics. Overall, Central Indiana Health System Cardiac Services Inc appears to be a reliable nonprofit with a strong foundation in accountability and finance.


This AI summary has been generated from information found on Charity Navigator.

Is Central Indiana Health System Cardiac Services Inc legitimate?

Central Indiana Health System Cardiac Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Central Indiana Health System Cardiac Services Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $381,785
Professional Fundraising Fees: $0
Other Salaries and Wages: $30,724,008

For more financial information, click here


Official website here: www.stvincent.org/locations/hospitals/heart-center-indianapolis

What is the mission statement of Central Indiana Health System Cardiac Services Inc?

Central Indiana Health System Cardiac Services Inc is rooted in the healing ministry of Jesus, committing to serving all individuals, with a special focus on those who are economically disadvantaged. This Catholic health ministry prioritizes spiritually-centered, holistic care that enhances the health and well-being of individuals and their communities. The organization advocates for a compassionate and just society through its actions and words. The mission of Central Indiana Health System Cardiac Services Inc is dedicated to improving the health and well-being of all people, with a deep commitment to serving the most vulnerable among us.


Official website here: www.stvincent.org/locations/hospitals/heart-center-indianapolis

Who is the CEO of Central Indiana Health System Cardiac Services Inc?
What is the revenue of Central Indiana Health System Cardiac Services Inc?

Central Indiana Health System Cardiac Services Inc's revenue in 2022 was $126,159,422.


Official website here: www.stvincent.org/locations/hospitals/heart-center-indianapolis

Who are the executives of Central Indiana Health System Cardiac Services Inc and what are their salaries?

The average compensation at Central Indiana Health System Cardiac Services Inc during 2022 was $55,447. There are 561 employees at Central Indiana Health System Cardiac Services Inc.


Here are 10 key members and their salaries:


Jonathan Samuel Nalli Fache (Chair)
  • Compensation: $0
  • Related: $2,581,300
  • Other: $52,190
Bethany Lynn Morrow (Vp, Finance)
  • Compensation: $0
  • Related: $376,281
  • Other: $31,304
Lori L Shannon Rn (President)
  • Compensation: $342,035
  • Related: $0
  • Other: $39,750
Jane A Oula Rn (Registered Nurse)
  • Compensation: $164,945
  • Related: $0
  • Other: $18,500
Joseph B Landis (Supervisor, Radiology)
  • Compensation: $213,218
  • Related: $0
  • Other: $48,393
Judy Northern Rn (Vp, Patient Care)
  • Compensation: $241,068
  • Related: $0
  • Other: $34,087
Kelly N Verel (Director Of Research)
  • Compensation: $189,202
  • Related: $0
  • Other: $30,946
Kelly Shearer Rn (Registered Nurse)
  • Compensation: $173,593
  • Related: $0
  • Other: $4,681
Becky L Jacobson (Former Officer (End 1/2019))
  • Compensation: $0
  • Related: $339,270
  • Other: $38,993
Donald C Stogsdill Md (Former Key Employee (End 12/2017))
  • Compensation: $0
  • Related: $201,992
  • Other: $21,690


Official website here: www.stvincent.org/locations/hospitals/heart-center-indianapolis

Where can I find the form 990 for Central Indiana Health System Cardiac Services Inc?

Central Indiana Health System Cardiac Services Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.stvincent.org/locations/hospitals/heart-center-indianapolis

Mission Statement of Central Indiana Health System Cardiac Services Inc

Central Indiana Health System Cardiac Services Inc, rooted in the loving ministry of Jesus as Healer, is committed to serving all persons with special attention to those who are poor and vulnerable. This Catholic health ministry is dedicated to spiritually-centered, holistic care that sustains and improves the health of individuals and communities. Central Indiana Health System Cardiac Services Inc advocates for a compassionate and just society through its actions and words. The organization's mission is grounded in the belief that every person deserves access to quality healthcare, regardless of their financial situation. It strives to provide healing and restoration, not just treatment, to those in need. With a focus on the whole person, Central Indiana Health System Cardiac Services Inc goes beyond medical care to address the physical, emotional, and spiritual needs of its patients. By prioritizing the well-being of the communities it serves, the organization fosters an environment of healing and hope, where all are welcome and valued.

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Impact




October, 2024

Central Indiana Health System Cardiac Services Inc. significantly enhances the health and well-being of individuals in its communities through its ownership of the St. Vincent Heart Center of Indiana, LLC, an 80-bed hospital campus. The center's commitment to providing care without discrimination ensures that all patients, regardless of race, creed, national origin, economic status, or ability to pay, receive critical cardiac services.

In fiscal year 2022, the organization treated over 4,300 patients, resulting in more than 22,000 patient days of service. Additionally, the center facilitated over 15,000 outpatient visits, conducted 52 outpatient surgeries, and managed 3,117 emergency room visits. This extensive level of service demonstrates its vital role in healthcare delivery for both acute and ongoing cardiac care.

Moreover, Central Indiana Health System Cardiac Services Inc. aligns its operations with the broader mission of the Ascension Catholic health ministry, emphasizing holistic, spiritually-centered care, particularly for vulnerable populations. During the challenges presented by the COVID-19 pandemic, the organization not only supported patients but also prioritized the well-being of caregivers and associates, reflecting its commitment to community health and resilience.

Through its community benefit programs and dedication to compassionate care, Central Indiana Health System Cardiac Services Inc. plays a pivotal role in promoting health equity and improving health outcomes for the populations it serves.




This information is meant to be a general summary of Central Indiana Health System Cardiac Services Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$126,159,422 (2022)
Expenses
$60,588,576 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $24,780,753
  • Program Service Revenue: $97,935,785
  • Gross Receipts: $127,379,226

Assets and Liabilities:

  • Total Assets: $669,432,640
  • Total Liabilities: $38,045,782
  • Net Assets: $631,386,858

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

JOINT VENTURE INCOME

Revenue

$40,993,419

SERVICES TO AFFILIATES

Revenue

$38,502,176

MANAGEMENT FEES

Revenue

$18,440,190

Organization Details

Founding Year

1991

Main Address

C/O TAX DEPARTMENT PO BOX 45998, ST LOUIS, MO, 631455998

NTEE Category

Code: E22 - Health

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