St Vincent Hospital
88% goes to programs $5 to raise $100 Strong reserves Growing revenue
St Vincent Hospital is a 501(c)(3) organization based in Santa Fe, New Mexico, registered in 1971, with $628,888,305 in FY2023 revenue. CharityIndex grades it A, and it directs about 88% of spending to programs.
455 St Michaels Dr, Santa Fe, NM, 87505 EIN 85-0106941 Since 1971
Revenue (FY2023)
$628.9M
▲ 10.4% vs prior year
Health median: $840K
Expenses (FY2023)
$570.7M
Net assets
$680.2M
Employees
3,086
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating88% to programs · $5 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 St Vincent Hospital: 88% to programs · $5 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating14 mo reserves · +9% 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 St Vincent Hospital: 14 mo reserves · +9% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 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 St Vincent Hospital: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 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 St Vincent Hospital: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Mission
To provide a healing ministry to improve lives through excellent, compassionate health care to the corporation's community and support medical instruction and research.
What they do
Community services for the broader community helping to prepare future healthcare professionals is a distinguishing characteristic of nonprofit hospitals and constitutes a significant community benefit. st. vincent hospital assists in the education of healthcare professionals by providing clinical settings, scholarships, internships and residencies for physicians, nurses and other health professionals. the following activities were conducted in this area: st. vincent hospital foundation nurse scholarships (in partnership with santa fe community college and northern new mexico community college) and the st. vincent hospital medical residency program (a three-year primary care residency program for physicians in partnership with the university of new mexico, albuquerque). additionally, st. vincent's funds the health care explorers program geared to high school students with an interest in the health care profession. st. vincent hospital used cash donations as a vehicle to help our communities. we made cash donations, in addition to grants, to support nonprofit healthcare organizations and programs. st. vincent hospital also made cash and in-kind donations to fund community initiatives such as an annual holiday coat drive for children; physical fitness programs for children and adults (national dance institute, elementary school fun runs, school health fairs and wellness programs; elder/senior services and veterans' programs; local and national service organization fundraisers (rotary, elks and kiwanis clubs); and native american pueblo health days and physical fitness events. st. vincent hospital associates served on local nonprofit boards and initiatives. the hospital also provides no-cost meeting space to community nonprofit organizations and groups. annually, st. vincent hospital advocates for improving public policies, working to establish, and in some instances augment, grassroots advocacy for greater access to health care services for the constituents we serve.
Community services for the poor and underserved st. vincent hospital has recognized the need for significant community-wide health and human services beyond the direct services of the hospital. as such, st. vincent provides funding to those with limited or no means to pay, underserved populations and the broader community. these programs are funded from the hospital's general funds and are provided either directly by st. vincent or through other nonprofit community healthcare organizations. collaborative efforts with la familia medical center, presbyterian medical services, southwest care and indian health services provide primary care to meet the needs of the poor, underserved and homeless. one example of christus health, member organization, community benefits accounted for under community services for the poor and underserved include the christus community direct investment program (cdi). the purpose of the cdi program is to support community-driven initiatives primarily for affordable housing and economic development by providing financing at below-market interest rates to not-for-profit organizations at terms not exceeding more than five years. the income lost from the difference in the market rate less our loan rate (foregone income) is considered a community benefit for reporting purposes. the cost of these investments is not included in the program service expenses of st. vincent hospital though outstanding loan balances vary throughout the year, the outstanding loan balance at the end of fiscal year 2023 was $0. the foregone interest for st. vincent hospital in fy 2023 was $0. christus health, member organization, has established the christus fund to provide resources to not-for-profit agencies and groups whose mission, vision and goals are consistent with christus health's mission, values and philosophy of a healthy community. we believe that by working together, we can make a profound difference in the quality of peoples' lives and create sustainable hea
Contact & location
- Address
- 455 St Michaels Dr, Santa Fe, NM, 87505
- City
- Santa Fe
- State
- New Mexico
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $365.2M (FY2013) to $628.9M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $62.0MNet assets $680.2M
Operating margin
9.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$742.2M
Total liabilities
$62.0M
Net assets
$680.2M
Salaries & benefits
$279.1M
49% of expenses
Board members
12
6 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $628,888,305▲10.4% | $570,669,650▲3.0% | $680,240,002▼0.3% | $742,190,143▼1.9% | 990 |
| 2022 | $569,778,518▼1.7% | $553,956,987▲6.9% | $682,163,017▲12.4% | $756,873,447▲6.1% | 990 |
| 2021 | $579,779,629▲18.1% | $518,308,669▲9.9% | $606,883,899▲8.1% | $713,504,339▼1.4% | 990 |
| 2020 | $490,943,135▲5.9% | $471,471,266▲7.7% | $561,184,839▲29.0% | $723,865,521▲23.4% | 990 |
| 2019 | $463,611,944▼5.4% | $437,963,426▼5.3% | $435,025,732▲12.1% | $586,794,076▲24.2% | 990 |
| 2018 | $489,985,953▲4.0% | $462,554,640▲4.7% | $388,221,240▲5.2% | $472,561,213▲4.6% | 990 |
| 2017 | $471,354,053▲7.1% | $441,983,111▲5.0% | $368,948,029▲17.1% | $451,599,166▲14.4% | 990 |
| 2016 | $440,091,046▲7.3% | $420,940,723▲6.2% | $315,197,887▲18.0% | $394,696,600▲22.3% | 990 |
| 2015 | $410,066,356▲5.1% | $396,348,370▲4.4% | $267,099,482▲9.5% | $322,826,936▲6.7% | 990 |
| 2014 | $390,069,782▲6.8% | $379,680,293▲5.8% | $243,840,994▲18.5% | $302,677,952▲18.3% | 990 |
| 2013 | $365,223,944 | $358,933,223▼1.7% | $205,810,720▲6.2% | $255,953,879▲5.8% | 990 |
| 2012 | — | $364,982,115▲15.3% | $193,863,718▲6.1% | $241,846,442▲5.9% | 990 |
| 2011 | — | $316,524,143▲8.5% | $182,725,731▲10.2% | $228,414,322▲2.8% | 990 |
| 2010 | — | $291,780,443▲5.0% | $165,786,964▲18.7% | $222,110,975▲19.1% | 990 |
| 2009 | — | $277,997,860 | $139,726,730 | $186,468,352 | 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: Eric Minns Md — $1,002,962 (0.18% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Eric Minns Md | Physician | 40 | $1,002,962 |
| Philip Forno Md | Physician | 40 | $987,113 |
| Joshua Carothers | Physician | 40 | $965,996 |
| Bryan Goss | Physician | 40 | $919,556 |
| Benjamin Vidalis Md | Physician | 40 | $891,647 |
| Andrea Teague | Vp Cancer Services | 40 | — |
| Bud Hamilton | Director | 16 | — |
| David Gonzales Md | Cmo | 40 | — |
| Daya Singh Khalsa | Director | 16 | — |
| Hope Wade | Coo | 40 | — |
| Jeffrey Puckett | Director (eff 1/24) | 16 | — |
| Jennifer Gomez | Vp Compl-st Vincent Rg Md Ctr | 40 | — |
| Jerry Jones | Director | 16 | — |
| Jesus Garza | Director (term 3/24) | 16 | — |
| J Lindsey Bradley Jr | Director/chair | 16 | — |
| Katherine Armijo-etre | Vp Community Health | 40 | — |
| Kimberly King Webb | Director | 16 | — |
| Lance Wilson Md | President Csv Physician Group (term 9/22) | 40 | — |
| Lillian Montoya | Director / Ceo | 40 | — |
| Mark Pucsynski Md | Director | 16 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Mayo Collaborative Services LLC | Medical Services | $2,312,013 |
| Hospital Housekeeping System | Contract Cleaning | $1,563,441 |
| Ray's Construction & Handyman | Building Maintenance | $577,206 |
| Change Healthcare Technologies | It Services | $573,535 |
| Unum Life Insurance Company | Third Party Admin | $553,457 |
Grants received · $8.6M total
10 grants to St Vincent Hospital totaling $8.6M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $10,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $10,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2020 | $25,000 |
| Anchorum St Vincent | Mayo clinic partnership, epic, scholarships, chfa capacity building | 2019 | $1,750,100 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2019 | $15,000 |
| Anchorum St Vincent | $600,000 support for partnership with the mayo clinic; $115,000 for marketing and community awareness campaign consulting services for market differentiation | 2018 | $715,000 |
| Anchorum St Vincent | Capital contribution to implement epic hospital software at christus st. vincent | 2017 | $3,675,000 |
| Christus Health | Payout to the region | 2017 | $120,000 |
| Anchorum St Vincent | Community health benefit grant | 2016 | $218,250 |
| Anchorum St Vincent | Community health benefit grant | 2015 | $2,036,678 |
Grants made · $1.7M in FY2023
24 grants totaling $1.7M in FY2023 — showing the 15 largest. All grants made by St Vincent Hospital →
| Recipient | Purpose | Amount |
|---|---|---|
| Santa Fe Recovery Center Inc | Provides drug and alcohol detox and treatment services for members of the community | $438,393 |
| Growing Up New Mexico Inc | Family care | $162,049 |
| New Mexico Suicide Intervention | Delivering vital suicide prevention training skills, life skills, awareness & resource information to adolescents in sf county | $154,068 |
| Las Cumbres Community Services Inc | Early childhood - intervention & treatment-level services to resolve trauma & grief | $112,049 |
| Saint Elizabeth Shelter Corporation | Provide medically compromised people w/ extended stays & monitored bed rest | $112,049 |
| Solace Sexual Assault Services | Crisis intervention, resourcing, and advocacy services for sexual assault or domestic violence survivors & other crime victims | $81,236 |
| Interfaith Community Shelter Group Inc | Adult health - respite beds | $70,031 |
| Youth Shelters and Family Services Inc | Life-changing services for homeless, runaway & in-crisis pregnant & parenting youth | $56,025 |
| Casa Milagro | Adult rehab programs | $56,025 |
| Dreamtree Project Inc | Youth shelter | $56,025 |
| Gerards House | Grief support and outreach services for children, teens, and families | $56,025 |
| Espanola Pathways Shelter | Help provide individuals and their families access to a emergency shelter, transitional housing, comprehensive care, and essential supportive services | $56,025 |
| La Familia Medical Center | Supports ob/gyn services to families in santa fe county via la familia med center | $56,025 |
| Kitchen Angels Inc | Senior care - delivering free, nutritionally appropriate meals daily to low income, chronically ill, homebound individuals | $50,422 |
| Esperanza Shelter For Battered Families | Crisis intervention | $42,018 |
Similar organizations in Health
Health
Anchorum Health Foundation
Santa Fe, NM
$489.8M
Aannual revenue
Health
San Juan Regional Medical Center Inc
Farmington, NM
$381.2M
A+annual revenue
Anchorum St Vincent
Santa Fe, NM
$370.4M
C+annual revenue
Health
Otero County Hospital Association
Alamogordo, NM
$280.2M
B+annual revenue
Health
Tricore Laboratory Services Corporation
Albuquerque, NM
$128.1M
B+annual revenue
Health
Presbyterian Medical Services
Santa Fe, NM
$125.8M
B+annual revenue
Health
Taos Health Systems Inc Holy Cross Hospital
Taos, NM
$112.4M
Aannual revenue
Health
Artesia General Hospital
Artesia, NM
$76.6M
Aannual revenue
Tricore Inc
Albuquerque, NM
$68.2M
Aannual revenue
- Health
La Clinica De Familia Incorporated
Las Cruces, NM
$60.9M
A+annual revenue
Compare St Vincent Hospital
Frequently asked questions
- Is St Vincent Hospital a legitimate nonprofit?
- Yes. St Vincent Hospital is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 85-0106941, based in Santa Fe, New Mexico. Donations are tax-deductible.
- What is St Vincent Hospital's EIN?
- St Vincent Hospital's Employer Identification Number (EIN) is 85-0106941.
- How much revenue does St Vincent Hospital report?
- St Vincent Hospital reported $628,888,305 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of St Vincent Hospital's spending goes to programs?
- St Vincent Hospital spends about 88% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does St Vincent Hospital have?
- CharityIndex grades St Vincent Hospital A, based on program efficiency and fundraising cost.
- How much does St Vincent Hospital's highest-paid employee make?
- The highest reported compensation on St Vincent Hospital's latest Form 990 is $1,002,962, paid to Eric Minns Md (Physician).
More nonprofits in Santa Fe
Explore more
Data for St Vincent Hospital (EIN 85-0106941) 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.