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St Peter's Health Partners

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

EIN: 453570715 ✦ Albany, NY ✦ Designated as a 501(c)(3)

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Overview

What is St Peter's Health Partners?

St. Peter's Health Partners is a prominent nonprofit organization based in Albany, New York, with a workforce of 504 employees. Established in 2011 through the merger of Seton Health, Northeast Health, and St. Peter's Health Care Services, the organization provides oversight, support, and strategic planning to its tax-exempt subsidiaries, which offer diverse hospital services, senior care, rehabilitation, specialized care, and senior living options throughout the Greater Capital Region of Upstate New York. As a health care system, St. Peter's Health Partners is deeply committed to serving its communities with compassion and transformative healing, particularly for those in need. The organization is a member of Trinity Health.


Official website here: www.sphp.com

What are the reviews and ratings of this charity?

Charity Navigator rating: 96%, Four-Star out of Four Star rating.

St Peter's Health Partners has achieved an impressive overall score of 96%, reflecting its strong performance in accountability and finance. This high rating indicates that the organization is effectively managing its resources and is committed to transparency. The organization has a fully independent board, demonstrating a robust governance structure that ensures oversight and responsible decision-making.

The charity's financial health is underscored by its favorable ratios, including a low liabilities-to-assets ratio of 22.73% and a program expense ratio of 71.95%, which suggests that a significant portion of its expenses is directed towards its programs rather than administrative costs. Additionally, St Peter's Health Partners has established comprehensive policies related to conflict of interest, whistleblower protections, and document retention, further highlighting its commitment to ethical practices.

While the data paints a positive picture of St Peter's Health Partners' operational efficiency and governance, it is essential for potential donors and stakeholders to consider how this strong financial management translates into programmatic impact. Ongoing assessment of its services and community reach will be crucial to ensure that the organization continues to meet the needs of those it serves effectively.


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

Is St Peter's Health Partners legitimate?

St Peter's Health Partners is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Peter's Health Partners 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: $3,862,932
Professional Fundraising Fees: $0
Other Salaries and Wages: $35,571,569

For more financial information, click here


Official website here: www.sphp.com

What is the mission statement of St Peter's Health Partners?

St. Peter's Health Partners serves communities with compassionate healing, founded on a legacy of quality care. They provide comprehensive integrated healthcare, supportive housing, and community services, prioritizing the needs of the vulnerable and those in need. In alignment with the spirit of the gospel, they strive to offer the highest standard of care as a healing presence within their communities. As a member of Trinity Health, they are committed to transforming lives and delivering care that prioritizes the wellbeing of their patients.


Official website here: www.sphp.com

Who is the CEO of St Peter's Health Partners?

Steven Hanks Md is the Chief Operating & Clinical Officer of St Peter's Health Partners. The CEO's salary of St Peter's Health Partners is $0 and their total compensation is $1,318,565.


Official website here: www.sphp.com

What is the revenue of St Peter's Health Partners?

St Peter's Health Partners's revenue in 2022 was $180,469,162.


Official website here: www.sphp.com

Who are the executives of St Peter's Health Partners and what are their salaries?

The average compensation at St Peter's Health Partners during 2022 was $78,243. There are 504 employees and 13 volunteers at St Peter's Health Partners.


Here are 30 key members and their salaries (St Peter's Health Partners's CEO's salary is $0 and their total compensation is $1,318,565):


Benjamin Carter (Director Thr 10/21; Th Evp & Coo)
  • Compensation: $0
  • Related: $2,435,049
  • Other: $90,414
James Reed Md (Director; President & Ceo)
  • Compensation: $0
  • Related: $1,204,151
  • Other: $114,414
Steven Hanks Md (Chief Operating & Clinical Officer)
  • Compensation: $0
  • Related: $721,567
  • Other: $143,813
Michael Finegan (President, Acute Care)
  • Compensation: $0
  • Related: $775,475
  • Other: $55,381
Thomas Robert (Sphp Vp, Cfo & Treasurer)
  • Compensation: $0
  • Related: $643,445
  • Other: $133,814
Kim Baker (Evp Cont Care Thr 11/21; Sphp Evp)
  • Compensation: $0
  • Related: $498,084
  • Other: $103,986
Victor Becker Md (Chief Information Officer)
  • Compensation: $0
  • Related: $433,023
  • Other: $45,965
Matthew Miles (Chief Medical Officer Aco/Cin)
  • Compensation: $430,847
  • Related: $0
  • Other: $37,132
Lori Santos (Vice President, Acute Care Finance)
  • Compensation: $0
  • Related: $426,710
  • Other: $35,192
Peter Semenza (Vp Philanthropy)
  • Compensation: $0
  • Related: $387,966
  • Other: $58,898
Leslie Barden (Chief Strategy Officer)
  • Compensation: $0
  • Related: $418,035
  • Other: $24,161
Edward Eisenman (Former Key Employee)
  • Compensation: $0
  • Related: $336,579
  • Other: $20,138
Dawn Geisert (Dir At 11/21;Th Chief Compliance Off)
  • Compensation: $0
  • Related: $263,696
  • Other: $66,030
Denise Mormino (Cao/Cfo Small Component Corps.)
  • Compensation: $249,495
  • Related: $0
  • Other: $49,678
Michelle Mazzacco (Interim Evp Cont Care At 11/21)
  • Compensation: $0
  • Related: $225,700
  • Other: $20,687
Robert Swidler Esq (Secretary; Vp Legal Services)
  • Compensation: $0
  • Related: $202,445
  • Other: $16,165
Robert Mccormick (Director; Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathleen Jimino (Dir; Treas Thr 12/21; V Chr At 1/22)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ronald Guzior (Director & Vice Chair Through 12/21)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Ann Logiudice Rsm (Director; Treasurer At 1/22)
  • Compensation: $0
  • Related: $0
  • Other: $0
Guha Bala (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Cottrell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Dake (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Harold Gordon Esq (Director Through 12/21)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Hearst Iii (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Johnson Iii Esq (Director Through 12/21)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Keegan (Director Through 12/21)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lee Mcelroy Jr (Director As Of 1/22)
  • Compensation: $0
  • Related: $0
  • Other: $0
Curtis Powell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Wolff Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.sphp.com

Where can I find the form 990 for St Peter's Health Partners?

St Peter's Health Partners's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.sphp.com

Learn more at the official website: www.sphp.com

Mission Statement of St Peter's Health Partners

St. Peter's Health Partners is a compassionate and transforming healing presence within communities, serving together with Trinity Health in the spirit of the gospel. Founded on community-based legacies of compassionate healing, this organization provides a high-quality, comprehensive continuum of integrated healthcare, supportive housing, and community services, particularly for the needy and vulnerable.

St. Peter's Health Partners' mission is grounded in its commitment to serve with compassion. It strives to be a beacon of hope and healing, offering top-notch healthcare services that cater to various aspects of individual well-being. By integrating healthcare, housing, and community services, this nonprofit ensures a holistic and sustainable approach to care. Its ultimate goal is to make a difference in people's lives and contribute to the betterment of their communities.

In line with its mission, St. Peter's Health Partners offers a wide range of healthcare services, ensuring the highest standard of care for its clients. It is a member of Trinity Health, a leading national Catholic health system that is dedicated to the service of the poor and underserved. Through its collaborative efforts with Trinity Health, St. Peter's Health Partners is able to expand its reach and provide essential resources to those who need it the most. Together, these organizations demonstrate a shared commitment to promoting health and well-being within their communities.

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Impact




October, 2024

St. Peter's Health Partners has a significant impact on the health and well-being of diverse communities throughout the greater Capital Region of Upstate New York. With its establishment in 2011 through the merger of Seton Health, Northeast Health, and St. Peter's Health Care Services, it has become a pivotal organization in providing comprehensive health care system management and support.

The organization governs and manages a network of tax-exempt subsidiaries that deliver a broad range of services including hospital care, senior care, rehabilitation, specialty services, and senior living options. This extensive reach ensures that many segments of the community receive access to state-of-the-art healthcare, particularly benefiting the needy and vulnerable populations.

St. Peter's Health Partners emphasizes long-range strategic planning and offers critical financial, legal, and operational expertise to its subsidiaries, empowering them to achieve their goals within their communities. Their commitment to delivering high-quality, integrated healthcare and supportive services fosters a compassionate and transformative healing presence, fulfilling their mission to address the health needs of the region. By prioritizing quality care and community support, St. Peter's Health Partners plays a vital role in enhancing the overall health landscape in Upstate New York.




This information is meant to be a general summary of St Peter's Health Partners. 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
$180,469,162 (2022)
Expenses
$175,518,436 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $7,728,181
  • Program Service Revenue: $171,295,002
  • Gross Receipts: $180,580,678

Assets and Liabilities:

  • Total Assets: $221,770,467
  • Total Liabilities: $52,643,887
  • Net Assets: $169,126,580

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Programs

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

CORPORATE MANAGEMENT REVENUE

Revenue

$171,295,002

Organization Details

Founding Year

2011

Principal Officer

Steven Hanks Md

Main Address

315 S MANNING BLVD, ALBANY, NY, 12208

NTEE Category

Code: E21 - Health

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