Ascension Borgess Hospital is a 501(c)(3) organization based in Saint Louis, Missouri, registered in 2026, with $402,319,537 in FY2023 revenue. CharityIndex grades it C+, and it directs about 80% of spending to programs.
Revenue (FY2023)
$402.3M
▼ 6.7% vs prior year
Health median: $840K
Expenses (FY2023)
$590.6M
Net assets
-$53.3M
Employees
2,848
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Ascension Borgess Hospital: 80% to programs · $0 to raise $100 earns a C+ on this criterion. See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Ascension Borgess Hospital: 0 mo reserves · -47% margin earns a D on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Ascension Borgess Hospital: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Ascension Borgess Hospital: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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To improve the health and well-being of all people in the communities we serve.
Revenue declined from $449.3M (FY2013) to $402.3M (FY2023) across 11 reported years.
Financial snapshot
Operating margin
-46.8%
Spent more than it raised in the latest fiscal year.
Total assets
$219.8M
Total liabilities
$273.1M
Net assets
-$53.3M
Salaries & benefits
$168.5M
29% of expenses
Board members
11
9 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $402,319,537▼6.7% | $590,634,672▲13.2% | -$53,294,799▼15987% | $219,835,787▼22.4% | 990 |
| 2022 | $431,088,036▼12.8% | $521,868,807▼3.4% | -$331,290▼2167% | $283,155,592▼15.2% | 990 |
| 2021 | $494,103,290▼4.8% | $540,485,067▲11.7% | $16,026▼99.9% | $333,792,921▼13.9% | 990 |
| 2020 | $519,081,040▲8.4% | $483,939,235▲5.2% | $11,659,475▲122% | $387,611,990▲28.8% | 990 |
| 2019 | $478,779,991▼2.8% | $459,888,326▲4.6% | -$52,046,394▼235% | $301,048,067▼2.1% | 990 |
| 2018 | $492,644,988▼2.1% | $439,662,155▼3.2% | $38,547,805▲468% | $307,469,980▲24.9% | 990 |
| 2017 | $503,242,627▲6.6% | $454,390,730▲10.9% | -$10,477,972▲83.2% | $246,153,799▼8.4% | 990 |
| 2016 | $472,179,763▲0.1% | $409,747,303▲9.3% | -$62,226,672▼4033% | $268,587,367▼38.6% | 990 |
| 2015 | $471,516,528▲0.6% | $374,952,277▼9.1% | $1,582,140▲102% | $437,334,939▲53.2% | 990 |
| 2014 | $468,691,500▲4.3% | $412,541,340▲7.2% | -$66,303,796▼157% | $285,408,311▼29.1% | 990 |
| 2013 | $449,298,066 | $384,999,722▼3.9% | $116,286,128▲2.2% | $402,691,664▼1.7% | 990 |
| 2012 | — | $400,502,394▼10.1% | $113,760,241▲20.3% | $409,815,584▲4.6% | 990 |
| 2011 | — | $445,508,534▼4.7% | $94,539,897▼3.5% | $391,835,591▲6.9% | 990 |
| 2010 | — | $467,472,008▲1.2% | $97,967,596▲63.0% | $366,602,313▲4.7% | 990 |
| 2009 | — | $461,916,783 | $60,099,157 | $350,305,035 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Highest-paid: Brij M Dewan Md — $777,518 (0.13% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Brij M Dewan Md | Physician | 50 | $777,518 |
| Joshua Mark Veenstra Md | Physician | 50 | $702,553 |
| Tarun Sharma Md | Physician | 50 | $650,488 |
| Kevin Beyer Md | Physician | 50 | $646,448 |
| Silviu Locovei Md | Physician | 50 | $633,651 |
| James Bailey Babel Md | Director/physician | 1 | $8,324 |
| Avec O'brien | Director | 1 | — |
| Carol L Schmidt | Ministry Market Executive/president | 0 | — |
| David Saunders | Director | 1 | — |
| Douglas Todd Myers | Former Officer (end 3/2023) | 0 | — |
| James Boles Md | Secretary/treasurer | 1 | — |
| Jeffery Zaks | Director | 1 | — |
| Jonathan Samuel Nalli Fache | Former Officer (end 12/2022) | 0 | — |
| Kenneth Streibel | Director | 1 | — |
| Leslie A Murphy CPA | Chair | 1 | — |
| Marina A Houghton | Former Officer (end 6/2022) | 0 | — |
| Michael Mccullough | Cfo, Ministry Market | 0 | — |
| Peter Uwe Bergmann | Former Officer (end 6/2022) | 0 | — |
| Phyllis D Meadows | Director | 1 | — |
| Rajesh U Kothari | Director (end 12/2023) | 1 | — |
| Contractor | Services | Paid |
|---|---|---|
| Kalamazoo Anesthesiology PC | Medical Services | $3,029,422 |
| Sci Services LLC | Security Services | $1,841,753 |
| Avb Construction LLC | Construction Svc | $1,821,300 |
| Cep America LLC | Physician Services | $906,459 |
| Alliance Hni LLC | Medical Services | $618,977 |
10 grants to Ascension Borgess Hospital totaling $2.5M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Community Foundation For Southeast Michigan | State opioid response | 2023 | $67,448 |
| Michigan Health and Hospital Association | Grant pass through for covid-19 | 2020 | $73,126 |
| Michigan Health and Hospital Association | Grant pass through for covid-19 | 2020 | $67,500 |
| Rockefeller Philanthropy Advisors Inc | Support | 2016 | $25,000 |
| West Michigan Cancer Center | Program support | 2015 | $1,000,000 |
| West Michigan Cancer Center | Program support | 2014 | $1,160,000 |
| Kalamazoo Community Foundation | Health general & rehabilitation | 2014 | $65,986 |
| Kalamazoo Community Foundation | Health general & rehabilitation | 2014 | $65,986 |
| Kalamazoo Community Foundation | Health general & rehabilitation | 2014 | $5,000 |
| Kalamazoo Community Foundation | Health general & rehabilitation | 2014 | $5,000 |
4 grants totaling $497K in FY2023. All grants made by Ascension Borgess Hospital →
| Recipient | Purpose | Amount |
|---|---|---|
| Ascension Borgess Foundation | General support | $414,869 |
| Henry Ford Southeast Michigan Community Health | General support | $32,151 |
| Hospital Hospitality House of Southwest Michigan Inc | Support of program for comfort, care, and lodging for those in need | $30,000 |
| Gryphon Place | Support of building connection capital program | $20,000 |
Explore more
Data for Ascension Borgess Hospital (EIN 38-1360526) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.