Ascension Medical Group Promed
90% goes to programs $0 to raise $100 Thin reserves
Ascension Medical Group Promed is a 501(c)(3) organization based in Saint Louis, Missouri, registered in 1996, with $102,500,908 in FY2023 revenue. CharityIndex grades it C+, and it directs about 90% of spending to programs.
Po Box 45998, Saint Louis, MO, 63145 EIN 38-3193801 Since 1996
Revenue (FY2023)
$102.5M
▲ 4.0% vs prior year
Health median: $840K
Expenses (FY2023)
$95.2M
Net assets
-$2.9M
Employees
280
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
C+Program efficiency40% of the rating90% to programs · $0 to raise $100
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 Medical Group Promed: 90% to programs · $0 to raise $100 earns a C+ on this criterion. See the exact thresholds →
DFinancial health25% of the rating0 mo reserves · +7% margin
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 Medical Group Promed: 0 mo reserves · +7% margin earns a D on this criterion. See the exact thresholds →
AGovernance25% of the rating5 of 6 checks met
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 Medical Group Promed: 5 of 6 checks met earns a A on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
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 Medical Group Promed: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
To improve the health and well-being of all people in the communities we serve.
Contact & location
- Address
- Po Box 45998, Saint Louis, MO, 63145
- City
- Saint Louis
- State
- Missouri
- Category
- Health Care
- Subcategory
- Clinics & Primary Care
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $64.3M (FY2013) to $102.5M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $12.9MNet assets -$2.9M
Operating margin
7.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$10.0M
Total liabilities
$12.9M
Net assets
-$2.9M
Salaries & benefits
$72.1M
76% of expenses
Board members
11
0 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $102,500,908▲4.0% | $95,172,955▼19.9% | -$2,937,713▲69.5% | $9,981,108▲30.0% | 990 |
| 2022 | $98,522,990▲2.1% | $118,868,839▼2.4% | -$9,632,505▲22.1% | $7,678,950▼7.5% | 990 |
| 2021 | $96,475,688▲6.0% | $121,736,086▼2.0% | -$12,360,956▼11.3% | $8,303,013▼28.9% | 990 |
| 2020 | $91,054,014▲15.5% | $124,254,039▼0.2% | -$11,109,605▲23.3% | $11,680,037▲67.3% | 990 |
| 2019 | $78,824,301▼1.6% | $124,488,730▲22.9% | -$14,478,878▼83.8% | $6,982,417▼41.5% | 990 |
| 2018 | $80,070,064▲5.4% | $101,333,346▼4.6% | -$7,877,750▼316% | $11,936,551▼23.9% | 990 |
| 2017 | $75,995,768▲2.4% | $106,186,343▲7.6% | -$1,893,853▲78.3% | $15,681,520▲203% | 990 |
| 2016 | $74,208,538▲8.5% | $98,726,872▲3.3% | -$8,723,806▲57.3% | $5,170,381▲1819% | 990 |
| 2015 | $68,393,351▼0.4% | $95,528,889▲94.2% | -$20,427,819▼405% | $269,408▼97.9% | 990 |
| 2014 | $68,658,441▲6.7% | $49,188,219▼35.5% | $6,707,719▲37.3% | $13,076,091▲38.9% | 990 |
| 2013 | $64,337,339 | $76,221,092▲21.8% | $4,887,139▼10.5% | $9,414,125▼0.5% | 990 |
| 2012 | — | $62,603,090▲5.5% | $5,459,146▲61.2% | $9,457,381▲3.0% | 990 |
| 2011 | — | $59,329,639▲30.9% | $3,386,416▼10.9% | $9,182,714▲13.5% | 990 |
| 2010 | — | $45,339,551▲21.5% | $3,800,798▼5.3% | $8,087,469▲19.3% | 990 |
| 2009 | — | $37,318,979 | $4,012,529 | $6,781,806 | 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.
Leadership & compensation (FY2023)
Highest-paid: Vishal Gupta Md — $1,424,665 (1.50% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Vishal Gupta Md | Physician | 50 | $1,424,665 |
| Zhigang Liu Md | Physician | 50 | $1,210,417 |
| Jagadeesh Kumar Kalavakunta Md | Physician | 50 | $1,201,326 |
| Veera Pavan K Kotaru Md | Physician | 50 | $1,127,308 |
| Jerry W Pratt Md | Physician | 50 | $1,112,493 |
| Stuart R Verseman Md | Director/physician | 50 | $662,599 |
| Carol L Schmidt | Ministry Market Executive/president | 0 | — |
| Donald R Ellis III Md | Director | 0 | — |
| Douglas Todd Myers | Former Officer (end 3/2023) | 0 | — |
| Jamila N Taylor Md | Director | 0 | — |
| Jonathan Samuel Nalli Fache | Former Officer (end 12/2022) | 0 | — |
| Kenneth Berkovitz Md | Former Officer (end 6/2020) | 0 | — |
| Kevin Youngs Md | Director | 0 | — |
| Leonard Johnson Md | Director | 0 | — |
| Marcus Eber Degraw Md | Director | 0 | — |
| Michael Mccullough | Cfo, Ministry Market | 0 | — |
| Michael Wiemann Md | Ex-officio/president | 0 | — |
| Robert Guha | Former Officer (end 6/2022) | 0 | — |
| Robert Peter Camara Do | Chair | 0 | — |
| Sridhar Rao Md | Director (end 12/2023) | 0 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Sound Inpatient Physicians Michigan Pllc | Medical Services | $1,718,287 |
| Fischell Md Tim A | Physician Services | $125,054 |
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Frequently asked questions
- Is Ascension Medical Group Promed a legitimate nonprofit?
- Yes. Ascension Medical Group Promed is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 38-3193801, based in Saint Louis, Missouri. Donations are tax-deductible.
- What is Ascension Medical Group Promed's EIN?
- Ascension Medical Group Promed's Employer Identification Number (EIN) is 38-3193801.
- How much revenue does Ascension Medical Group Promed report?
- Ascension Medical Group Promed reported $102,500,908 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Ascension Medical Group Promed's spending goes to programs?
- Ascension Medical Group Promed spends about 90% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Ascension Medical Group Promed have?
- CharityIndex grades Ascension Medical Group Promed C+, based on program efficiency and fundraising cost.
- How much does Ascension Medical Group Promed's highest-paid employee make?
- The highest reported compensation on Ascension Medical Group Promed's latest Form 990 is $1,424,665, paid to Vishal Gupta Md (Physician).
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Data for Ascension Medical Group Promed (EIN 38-3193801) 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.