Ascension Providence is a general hospital based in Waco, TX that was founded in 1908. As of 2019 they had $277 million in revenue and $183 million in assets.They are a child organization of United States Conference of Catholic Bishops (USCCB).
Rooted in the loving ministry of Jesus as healer, we commit ourselves to serving all persons with special attention to those who are poor and vulnerable. Our catholic health ministry is dedicated to spiritually centered, holistic care which sustains a...
Previous legal names or variations of their name include: Providence Healthcare Network; Providence Health Services Of Waco; and Depaul Center.
EIN:
74-1109636
City:
State:
Website:
Founded:
1908
Type:
501(c)(3)
NTEE:
Revenue:
$277,036,342
Assets:
$183,417,200
Employees:
2,395
Fiscal year end:
June
Program areas at Ascension Providence
Ascension Providence is a 280-bed hospital campus providing services without regard to patient race, creed, national origin, economic status, or ability to pay. During fiscal year 2019, Ascension Providence treated 16,124 adults and children for a total of 66,987 patient days of service. The hospital also provided services for 219,979 outpatient visits, which included 5,248 outpatient surgeries and 67,515 Emergency Room Visits. See Schedule H for a non-exhaustive list of community benefit programs and descriptions.
Form 990s for Ascension Providence
| Fiscal year ending | Date received by IRS | Form | PDF link |
|---|
| 2019-06 | Sep 17, 2020 | 990 | View PDF |
| 2017-06 | Sep 12, 2018 | 990 | View PDF |
| 2016-06 | Sep 7, 2017 | 990 | View PDF |
| 2015-06 | Aug 2, 2016 | 990 | View PDF |
| 2014-06 | Aug 26, 2015 | 990 | View PDF |
| ...and four more Form 990 PDFs |
Financials for Ascension Providence
| Field | 2019 |
|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising event contributions | $0 |
| Related organizations | $492,736 |
| Government grants (contributions) | $0 |
| Normal grants, contributions, etc. | $55,623 |
| <em>Non-cash contributions included in above</em> | $0 |
| Total grants, contributions, etc. | $548,359 |
| Field | 2019 |
|---|
| Total grants, contributions, etc. | $548,359 |
| Program services | $273,793,403 |
| Investment income and dividends | $18,965 |
| Tax-exempt bond proceeds | $0 |
| Royalty revenue | $0 |
| Net rental income | $617,409 |
| Net gain from sale of non-inventory assets | $-162,021 |
| Net income from fundraising events | $0 |
| Net income from gaming activities | $0 |
| Net income from sales of inventory | $0 |
| Miscellaneous revenues | $2,220,227 |
| Total revenues | $277,036,342 |
| Field | 2019 |
|---|
| Grants to govts. and orgs. in USA | $736,576 |
| Grants to individuals in USA | $0 |
| Grants to govts., orgs., and individuals outside USA | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, etc. | $676,101 |
| Compensation not included above, to disqualified persons | $0 |
| Non-officer salaries and wages | $68,776,663 |
| Pension/retirement accruals and contributions | $2,613,440 |
| Other employee benefits | $11,336,871 |
| Payroll taxes | $5,175,863 |
| Management fees | $21,444,105 |
| Legal fees | $16,423 |
| Accounting fees | $253 |
| Lobbying fees | $21,392 |
| Pro. fundraising fees | $0 |
| Investment mgmt fees | $0 |
| Other fee-for-service | $5,620,279 |
| Advertising and promotion | $67,714 |
| Office expenses | $877,929 |
| Information tech. expenses | $424,363 |
| Royalty expenses | $0 |
| Occupancy | $3,850,846 |
| Travel | $143,595 |
| Public official travel and entertainment | $0 |
| Conferences, meetings, etc. | $118,126 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, amortization, etc. | $11,899,648 |
| Insurance | $83,187 |
| All other expenses | $117,460,422 |
| Total expenses | $230,249,714 |
| Field | 2019 |
|---|
| Cash (non-interest-bearing) | $7,645 |
| Savings, short-term investments, etc. | $810,763 |
| Pledges and grants receivable | $1,943 |
| Accounts receivable | $31,705,909 |
| Loans receivable from officers, directors, etc. | $0 |
| Loans receivable from other disqualified persons | $0 |
| Notes and loans receivable | $247,770 |
| Inventories for use | $4,688,633 |
| Prepaid expenses and deferred charges | $88,784 |
| Buildings, equipment, etc. post-depreciation | $88,059,456 |
| Investments, publicly traded securities | $0 |
| Investments, other securities | |
| Investments, program-related | $13,940,988 |
| Intangible assets | $5,555,440 |
| Other assets | $38,309,869 |
| Total assets | $183,417,200 |
| Field | 2019 |
|---|
| Accounts payable and accrued expenses | $17,875,691 |
| Grants payable | $0 |
| Deferred revenue | $840,925 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans payable to officers and disqualified persons | $0 |
| Secured mortgages and notes payable to unrelated third parties | $0 |
| Unsecured notes and loans payable to unrelated third parties | $0 |
| Other liabilities | $92,366,971 |
| Total liabilities | $111,083,587 |
| Field | 2019 |
|---|
| Unrestricted net assets | $71,813,499 |
| Temporarily restricted net assets | $520,114 |
| Permanently restricted net assets | $0 |
Vendors for Ascension Providence
| Vendor | Services | Amount paid | Date |
|---|
| Pricewaterhousecoopers LLP | Consulting | $335,075 | 2019-06-01 |
| ████ ████████████ | Laboratory Services | $402,427 | 2019-06-01 |
| ████████ ██████ ███████████ ████████ ██ | Physician Services | $2,288,940 | 2019-06-01 |
| █████████ ███ ███ ██ ███ ████████ | Medical Services | $1,049,511 | 2019-06-01 |
| ███ ███ ██████████ █████ | Medical Services | $435,239 | 2019-06-01 |
| ████████ ███ ███ | Tax accounting | | 2015-08-26 |
Personnel at Ascension Providence
| Name | Title | Compensation | Most recent data |
|---|
| Herbert J. Vallier | Executive Vice President and Chief Human Resources Officer, Ascension; Chief Executive Officer, Ascension Smarthealth Solutions | - | Oct. 7, 2019 |
| Craig Cordola | Executive Vice President and Chief Operating Officer, Ascension | - | Oct. 7, 2019 |
| █████████ ███ ███████ | Executive Vice President and Chief Financial Officer, Ascension | - | Oct. 7, 2019 |
| ████ ███████ ████ | Executive Vice President and Chief Marketing and Communications Officer, Ascension | - | Oct. 7, 2019 |
| ████ ██ ██████ | Executive Vice President and Chief of Staff, Ascension | - | Oct. 7, 2019 |
| █████ ████████ | Chief Nursing Officer | - | Oct. 22, 2018 |
| ███████ ███████ | Executive Vice President, Chief Strategy and Innovations Officer, Ascension | - | Oct. 7, 2019 |
| ██████ ███████ ███████ | Executive Vice President and Chief Mission Integration Officer, Ascension | - | Oct. 7, 2019 |
| ██████ ██████████ ███ ████ | Executive Vice President, Clinical and Network Services, Ascension | - | Oct. 7, 2019 |
| ███ ████ | Vice President | - | Oct. 22, 2018 |
| ...and 12 more key personnel |
Peer general hospitals
| | Name | Type | Revenue | Location |
|---|
| 1 | CHI St. Joseph Regional Health Center (SJRHC) | 501(c)(3) | $485 million | Bryan, TX |
| 2 | Mercy Health - Clermont Hospital LLC | 501(c)(3) | $108 million | Batavia, OH |
| 3 | Mercy Hospital Anderson | 501(c)(3) | $204 million | Cincinnati, OH |
| 4 | Christus Health Southeast Texas | 501(c)(3) | $444 million | Irving, TX |
| 5 | Christus Santa Rosa Health System | 501(c)(3) | $659 million | San Antonio, TX |
| 6 | Christus Spohn Health System Corporation | 501(c)(3) | $828 million | Corpus Christi, TX |
| 7 | CHRISTUS St Frances Cabrini Hospital | 501(c)(3) | $308 million | Irving, TX |
| 8 | CHRISTUS St Michael | 501(c)(3) | $360 million | Texarkana, TX |
| 9 | Knapp Medical Center | 501(c)(3) | $129 million | Weslaco, TX |
| 10 | St Mary's Hospital and Medical Center | 501(c)(3) | $432 million | Grand Junction, CO |
| 11 | Ascension All Saints Hospital | 501(c)(3) | $372 million | Racine, WI |
| 12 | St Joseph Medical Center | 501(c)(3) | $93 million | Kansas City, MO |
| 13 | Mount Carmel Health | 501(c)(3) | $698 million | Columbus, OH |
| 14 | Columbia St Mary's Hospital Milwaukee | 501(c)(3) | $507 million | Glendale, WI |
| 15 | Our Lady of the Lake Regional Medical Center | 501(c)(3) | $1.2 billion | Baton Rouge, LA |
| 16 | St Mary Medical Center | 501(c)(3) | $437 million | Langhorne, PA |
| 17 | St. Anthony Hospital | 501(c)(3) | $85 million | Pendleton, OR |
| 18 | Saint Thomas Regional Hospitals | 501(c)(3) | $77 million | Nashville, TN |
| 19 | Presence Resurrection Medical Center | 501(c)(3) | $277 million | Chicago, IL |
| 20 | St Mary's Healthcare Amsterdam (SMHA) | 501(c)(3) | $179 million | Amsterdam, NY |
| 21 | AdventHealth Waterman | 501(c)(3) | $268 million | Tavares, FL |
| 22 | South Lake Hospital | 501(c)(3) | $289 million | Clermont, FL |
| 23 | Garden City Hospital (GCH) | 501(c)(3) | $150 million | Garden City, MI |
| 24 | Novant Health Medical Park Hospital | 501(c)(3) | $81 million | Winston Salem, NC |
| 25 | Avera Queen of Peace Health Service | 501(c)(3) | $117 million | Mitchell, SD |