Overview
What is Ssmhc Liability Trust I?
Ssmhc Liability Trust I is a charitable organization based in St. Louis, Missouri, with the address 10101 Woodfield Ln. Its primary purpose is to provide support and assistance to SSM Health (SSMH), a Catholic, not-for-profit health system, in fulfilling their mission to serve the comprehensive health needs of communities across the Midwest. The organization operates in Illinois, Missouri, Oklahoma, and Wisconsin, and is one of the largest integrated delivery systems in the nation. Its objective is to help SSM Health in their endeavor to deliver top-notch health care services, as stated in their mission: "Through our exceptional health care services, we reveal the healing presence of God."
Official website here: www.ssmhealth.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Ssmhc Liability Trust I received a Two-Star out of Four Star rating from Charity Navigator with an overall score of 68%. The rating indicates that while the organization demonstrates strong financial management in several areas, it lacks independent oversight, as evidenced by having no independent board members. This absence may raise concerns about governance and accountability.
The organization excels in financial oversight, with a perfect score for its audit and oversight committee and a high program expense ratio of 97.34%, indicating that the majority of its funds are directed towards its programs. Additionally, policies related to conflicts of interest, whistleblower protection, and document retention are in place, showcasing a commitment to transparency and ethical practices.
However, the organization has notable weaknesses, particularly in its liabilities to assets ratio, which scored poorly at 67.84%. Furthermore, the absence of its tax form on its website may hinder transparency and accessibility for donors and stakeholders. Overall, while there are strong points in terms of program funding and policies, the lack of independent governance presents a significant area for improvement.
This AI summary has been generated from information found on Charity Navigator.
Is Ssmhc Liability Trust I legitimate?
Ssmhc Liability Trust I is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ssmhc Liability Trust I 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: $2,524
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.ssmhealth.com
What is the mission statement of Ssmhc Liability Trust I?
Ssmhc Liability Trust I supports and assists SSM Health, an integrated healthcare system, in delivering exceptional healthcare services to communities. This not-for-profit organization's mission is to facilitate SSM Health's objective of providing comprehensive health care needs to various regions. Through their exceptional health care services, Ssmhc Liability Trust I embodies a healing presence for those they serve. SSM Health's system spans across multiple states in the Midwest, with care delivery sites in Illinois, Missouri, Oklahoma, and Wisconsin. The organization's commitment to healthcare ensures that individuals in these communities receive the necessary care they deserve.
Official website here: www.ssmhealth.com
Who is the CEO of Ssmhc Liability Trust I?
Unavailable
Official website here: www.ssmhealth.com
What is the revenue of Ssmhc Liability Trust I?
Ssmhc Liability Trust I's revenue in 2022 was $38,528,289.
Official website here: www.ssmhealth.com
Who are the executives of Ssmhc Liability Trust I and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $1,879,738
- Other: $971,053
- Compensation: $2,524
- Related: $118,990
- Other: $0
- Compensation: $0
- Related: $135,402
- Other: $0
Official website here: www.ssmhealth.com
Where can I find the form 990 for Ssmhc Liability Trust I?
Ssmhc Liability Trust I's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ssmhealth.com
Learn more at the official website: www.ssmhealth.com
Mission Statement of Ssmhc Liability Trust I
Ssmhc Liability Trust I, a Catholic, not-for-profit organization, is dedicated to providing essential support and assistance to SSM Health, an integrated healthcare system that serves the comprehensive needs of communities across the Midwest. With a mission to reveal the healing presence of God, SSM Health strives to deliver exceptional healthcare services in Illinois, Missouri, Oklahoma, and Wisconsin. The trust plays a crucial role in enabling SSM Health to carry out its purpose effectively, as one of the largest integrated delivery systems in the nation. By offering unwavering support, Ssmhc Liability Trust I contributes significantly to SSM Health's mission of providing outstanding healthcare services and making a positive difference in people's lives.
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Impact
October, 2024
Ssmhc Liability Trust I directly impacts the healthcare landscape by providing essential support and assistance to SSM Health, facilitating the delivery of exceptional healthcare services across four states. This organization plays a crucial role in enabling SSM Health to maintain its mission of serving the comprehensive health needs of communities, ensuring that quality care is accessible to a wide population.
By reinforcing SSM Health's operational capacity, Ssmhc Liability Trust I contributes to a robust integrated healthcare delivery system, which is essential in regions where healthcare resources can be limited. The trust supports a variety of healthcare initiatives, helping to sustain high standards of medical care and enhancing the overall health outcomes of the communities served.
Moreover, its alignment with the mission to reveal the healing presence of God highlights a unique commitment to compassionate care, which can foster a patient-centered approach in clinical settings. This holistic perspective may lead to improved patient satisfaction and trust in the healthcare system, ultimately benefiting both individuals and the community at large.
In summary, Ssmhc Liability Trust I strengthens SSM Health's ability to provide necessary medical services, promotes community health, and reflects a commitment to compassionate care rooted in its mission.
This information is meant to be a general summary of Ssmhc Liability Trust I. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1,479,404
- Program Service Revenue: $37,048,885
- Gross Receipts: $39,875,488
Assets and Liabilities:
- Total Assets: $216,866,063
- Total Liabilities: $147,134,231
- Net Assets: $69,731,832
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Additions by Insured
Revenue
$37,048,885
Organization Details
Founding Year
1986
Phone
(314) 994-7800Main Address
10101 Woodfield Ln, St Louis, MO, 63132
Website
www.ssmhealth.comNTEE Category
Code: Y200 - Mutual benefit
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