Sacred Heart Health System is a general hospital based in Pensacola, FL that was founded in 1915. As of 2019 they had $983 million in revenue and $736 million in assets.They are a child organization of United States Conference of Catholic Bishops (USCCB).
Sacred Heart Hospital provides necessary medical care to the sick and poor of our community regardless of the ability to pay. Services include inpatient routine and inpatient ancillary support of the healthcare mission of the hospital. Please see the ...
Previous legal names or variations of their name include: Ascension Sacred Heart Hospital Emerald Coast; Sacred Heart Hospital On The Emerald Coast; Ascension Sacred Heart Hospital Gulf; Sacred Heart Hospital On The Gulf; and Bay Medical Center.
EIN:
59-0634434
City:
State:
Website:
Facebook:
Twitter:
Founded:
1915
Type:
501(c)(3)
NTEE:
Revenue:
$983,460,263
Assets:
$736,020,512
Employees:
5,902
Fiscal year end:
June
Program areas at Sacred Heart Health System
Sacred Heart Health System, Inc. is a 566-bed hospital campus providing services without regard to patient race, creed, national origin, economic status, or ability to pay. During fiscal year 2019, Sacred Heart Health System, Inc. treated 32,482 adults and children for a total of 147,003 patient days of service. The hospital also provided services for 1,450,693 outpatient visits, which included 19,101 outpatient surgeries and 159,218 Emergency Room Visits. See Schedule H for a non-exhaustive list of community benefit programs and descriptions.
Form 990s for Sacred Heart Health System
| Fiscal year ending | Date received by IRS | Form | PDF link |
|---|
| 2019-06 | Sep 24, 2020 | 990 | View PDF |
| 2018-06 | Jul 5, 2019 | 990 | View PDF |
| 2017-06 | Oct 16, 2018 | 990 | View PDF |
| 2016-06 | Sep 29, 2017 | 990 | View PDF |
| 2015-06 | Aug 5, 2016 | 990 | View PDF |
| ...and six more Form 990 PDFs |
Financials for Sacred Heart Health System
| Field | 2019 | 2018 | % Change |
|---|
| Federated campaigns | $0 | $0 | |
| Membership dues | $0 | $0 | |
| Fundraising event contributions | $0 | $0 | |
| Related organizations | $24,111,315 | $2,062,221 | 1069.2% |
| Government grants (contributions) | $2,886,364 | $2,551,537 | 13.1% |
| Normal grants, contributions, etc. | $142,831 | $142,176 | 0.5% |
| <em>Non-cash contributions included in above</em> | $0 | $57,300 | -100% |
| Total grants, contributions, etc. | $27,140,510 | $4,755,934 | 470.7% |
| Field | 2019 | 2018 | % Change |
|---|
| Total grants, contributions, etc. | $27,140,510 | $4,755,934 | 470.7% |
| Program services | $948,758,022 | $879,253,852 | 7.9% |
| Investment income and dividends | $99,429 | $613,389 | -83.8% |
| Tax-exempt bond proceeds | $0 | $0 | |
| Royalty revenue | $0 | $0 | |
| Net rental income | $1,952,140 | $2,108,188 | -7.4% |
| Net gain from sale of non-inventory assets | $-262,606 | $-693,676 | 62.1% |
| Net income from fundraising events | $0 | $0 | |
| Net income from gaming activities | $0 | $0 | |
| Net income from sales of inventory | $0 | $0 | |
| Miscellaneous revenues | $5,772,768 | $18,191,072 | -68.3% |
| Total revenues | $983,460,263 | $904,228,759 | 8.8% |
| Field | 2019 | 2018 | % Change |
|---|
| Grants to govts. and orgs. in USA | $2,709,607 | $2,861,355 | -5.3% |
| Grants to individuals in USA | $0 | $0 | |
| Grants to govts., orgs., and individuals outside USA | $0 | $0 | |
| Benefits paid to or for members | $0 | $0 | |
| Compensation of current officers, etc. | $2,603,949 | $7,810,343 | -66.7% |
| Compensation not included above, to disqualified persons | $0 | $0 | |
| Non-officer salaries and wages | $344,018,952 | $333,460,443 | 3.2% |
| Pension/retirement accruals and contributions | $11,582,989 | $14,559,519 | -20.4% |
| Other employee benefits | $36,573,789 | $36,137,564 | 1.2% |
| Payroll taxes | $21,752,321 | $20,833,928 | 4.4% |
| Management fees | $72,216,946 | $83,548,799 | -13.6% |
| Legal fees | $1,243,807 | $325,680 | 281.9% |
| Accounting fees | $88,449 | $95,515 | -7.4% |
| Lobbying fees | $128,185 | $29,002 | 342.0% |
| Pro. fundraising fees | $0 | $0 | |
| Investment mgmt fees | $0 | $0 | |
| Other fee-for-service | $30,210,565 | $29,716,119 | 1.7% |
| Advertising and promotion | $897,788 | $849,424 | 5.7% |
| Office expenses | $5,500,606 | $5,379,398 | 2.3% |
| Information tech. expenses | $247,693 | $554,857 | -55.4% |
| Royalty expenses | $0 | $0 | |
| Occupancy | $23,448,916 | $20,468,055 | 14.6% |
| Travel | $2,285,930 | $1,876,769 | 21.8% |
| Public official travel and entertainment | $0 | $0 | |
| Conferences, meetings, etc. | $870,006 | $880,777 | -1.2% |
| Interest | $4,932,714 | $4,157,023 | 18.7% |
| Payments to affiliates | $0 | $0 | |
| Depreciation, amortization, etc. | $38,111,955 | $29,032,279 | 31.3% |
| Insurance | $8,912,998 | $9,113,888 | -2.2% |
| All other expenses | $422,080,398 | $380,758,685 | 10.9% |
| Total expenses | $958,340,724 | $899,621,298 | 6.5% |
| Field | 2019 | 2018 | % Change |
|---|
| Cash (non-interest-bearing) | $24,186 | $24,814 | -2.5% |
| Savings, short-term investments, etc. | $21,572,394 | $4,219,204 | 411.3% |
| Pledges and grants receivable | $745,846 | $543,274 | 37.3% |
| Accounts receivable | $151,743,939 | $131,763,308 | 15.2% |
| Loans receivable from officers, directors, etc. | $0 | $0 | |
| Loans receivable from other disqualified persons | $0 | $0 | |
| Notes and loans receivable | $12,603,479 | $12,836,979 | -1.8% |
| Inventories for use | $25,286,849 | $17,461,510 | 44.8% |
| Prepaid expenses and deferred charges | $2,133,713 | $1,962,810 | 8.7% |
| Buildings, equipment, etc. post-depreciation | $395,611,904 | $346,906,457 | 14.0% |
| Investments, publicly traded securities | $0 | $0 | |
| Investments, other securities | | | -90.1% |
| Investments, program-related | | | |
| Intangible assets | $59,898,282 | $40,269,372 | 48.7% |
| Other assets | $66,399,920 | $63,048,864 | 5.3% |
| Total assets | $736,020,512 | $619,036,592 | 18.9% |
| Field | 2019 | 2018 | % Change |
|---|
| Accounts payable and accrued expenses | $85,708,651 | $58,316,405 | 47.0% |
| Grants payable | $0 | $0 | |
| Deferred revenue | $813,530 | $641,190 | 26.9% |
| Tax-exempt bond liabilities | $0 | $0 | |
| Escrow or custodial account liability | $0 | $0 | |
| Loans payable to officers and disqualified persons | $0 | $0 | |
| Secured mortgages and notes payable to unrelated third parties | $0 | $0 | |
| Unsecured notes and loans payable to unrelated third parties | $0 | $0 | |
| Other liabilities | $251,120,177 | $287,081,166 | -12.5% |
| Total liabilities | $337,642,358 | $346,038,761 | -2.4% |
| Field | 2019 | 2018 | % Change |
|---|
| Unrestricted net assets | $398,378,154 | $272,997,831 | 45.9% |
| Temporarily restricted net assets | $0 | $0 | |
| Permanently restricted net assets | $0 | $0 | |
Vendors for Sacred Heart Health System
| Vendor | Services | Amount paid | Date |
|---|
| Deloitte Tax LLP | Tax accounting | | 2020-09-24 |
| ██████ | Fundraising software | | 2020-06-27 |
| ███████ ███ ████ | Fundraising software; Payment processing | | 2020-06-27 |
| ████ ████████████ ███ | Construction Services | $27,159,612 | 2019-06-01 |
| ███ ██████ █████ ███ | Anesthesia Services | $2,549,162 | 2019-06-01 |
| █████████ ████ █████ ████ ██ | Medical Services | $4,098,431 | 2019-06-01 |
| ████ █████ ██████ ██████ ███████ ███ | Medical Services | $2,093,666 | 2019-06-01 |
| █████ █████████ ██ | Medical Services | $2,021,102 | 2019-06-01 |
| ...and one more vendors |
Personnel at Sacred Heart Health System
| Name | Title | Compensation | Most recent data |
|---|
| Thomas J Vanosdol | And Chief Executive Officer and Ministry Market Executive | $0 | June 30, 2019 |
| Robert Murphy | Chief Operating Officer | $338,784 | June 30, 2019 |
| █ █████ ███████ | Chief Financial Officer , Ministry Market | $0 | June 30, 2019 |
| ████ █████ | Chief Marketing Officer | $452,671 | June 30, 2019 |
| ████ █ ████████ | Chief Nursing Officer | $328,641 | June 30, 2019 |
| ███ █ ██████ | Former Key Employee | $8,533 | June 30, 2019 |
| █████ █ ███████████ | Former Officer | $415,263 | June 30, 2019 |
| ███████ █ ████ | Former Key Employee | $1.0 million | June 30, 2019 |
| █ █████ ███████ | Former Officer | $726,763 | June 30, 2019 |
| ████ █ ████████ | Former Key Employee | $429,979 | June 30, 2019 |
| ...and 13 more key personnel |
Peer general hospitals
| | Name | Type | Revenue | Location |
|---|
| 1 | SSM Health Care of Oklahoma | 501(c)(3) | $614 million | St Louis, MO |
| 2 | Saint Agnes Hospital | 501(c)(3) | $434 million | Baltimore, MD |
| 3 | St Vincent Evansville | 501(c)(3) | $528 million | Evansville, IN |
| 4 | CHRISTUS St Frances Cabrini Hospital | 501(c)(3) | $308 million | Irving, TX |
| 5 | Presence Chicago Hospitals Network | 501(c)(3) | $1.1 billion | Chicago, IL |
| 6 | Trinity Medical Center | 501(c)(3) | $410 million | Rock Island, IL |
| 7 | St Mary Medical Center (SMMC) | 501(c)(3) | $359 million | Apple Valley, CA |
| 8 | OSF Healthcare System (OSF) | 501(c)(3) | $2.4 billion | Peoria, IL |
| 9 | CHRISTUS St Michael | 501(c)(3) | $360 million | Texarkana, TX |
| 10 | Our Lady of Lourdes Memorial Hospital | 501(c)(3) | $367 million | Binghamton, NY |
| 11 | Mercy Catholic Medical Center of Southeastern Pennsylvania | 501(c)(3) | $370 million | Conshohocken, PA |
| 12 | Mercy Hospital Springfield | 501(c)(3) | $1.1 billion | Springfield, MO |
| 13 | St Alexius Medical Center | 501(c)(3) | $352 million | Hoffman Estates, IL |
| 14 | SSM Health Saint Louis University Hospital | 501(c)(3) | $545 million | St Louis, MO |
| 15 | Borgess Medical Center | 501(c)(3) | $503 million | Kalamazoo, MI |
| 16 | Providence St. Patrick Hospital | 501(c)(3) | $414 million | Missoula, MT |
| 17 | Saint Thomas Midtown Hospital | 501(c)(3) | $462 million | Nashville, TN |
| 18 | Christus Health Southwestern Louisiana | 501(c)(3) | $265 million | Lake Charles, LA |
| 19 | Mercyone Waterloo Medical Center | 501(c)(3) | $306 million | Waterloo, IA |
| 20 | Christus Health Southeast Texas | 501(c)(3) | $444 million | Irving, TX |
| 21 | St. Vincent's Medical Center (SVMC) | 501(c)(3) | $434 million | Bridgeport, CT |
| 22 | Christus Santa Rosa Health System | 501(c)(3) | $659 million | San Antonio, TX |
| 23 | Alegent Health-Bergan Mercy Health System | 501(c)(3) | $695 million | Omaha, NE |
| 24 | Humility of Mary Health Partners | 501(c)(3) | $630 million | Youngstown, OH |
| 25 | Christus Spohn Health System Corporation | 501(c)(3) | $828 million | Corpus Christi, TX |