Stc Healthcare Partners LLC is a 501(c)(3) organization based in Reading, Pennsylvania, registered in 2022, with $364,027,631 in FY2023 revenue. CharityIndex grades it C+, and it directs about 92% of spending to programs.
Revenue (FY2023)
$364.0M
▲ 4.7% vs prior year
Health median: $840K
Expenses (FY2023)
$367.9M
Net assets
-$87.5M
Employees
2,376
Rated on 4 of 4 criteria.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →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 Stc Healthcare Partners LLC: 92% 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 Stc Healthcare Partners LLC: 0 mo reserves · -1% 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 Stc Healthcare Partners LLC: 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 Stc Healthcare Partners LLC: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Our mission is to provide a full range of high-quality healthcare services to all children and youth up to age 21 who seek our care or who are referred to us. we complement our mission with teaching and research programs that achieve excellence and support our ability as a world-class children's hospital. we strive at all times to provide exceptional care while operating in an efficient, cost-effective manner that serves the best interests of our patients, their families, and the community.
Operating room: st. chris's operating room department provides emergent, urgent and elective procedures to our community "24/7/365", regardless of ability to pay. the or maintains all requirements in accordance with the pennsylvania state trauma systems as a level i pediatric trauma center and includes ten ors and one endoscopy suite. total surgeries for fy2024 were 7,005.
Ambulatory medicine: a leader in pediatric care since 1875, st. chris's ambulatory medicine department consists of primary care pediatricians offering care for children from birth to 21 years old. services include: behavioral evaluations, such as autism and attention deficit hyperactivity disorder (adhd), hearing and vision screenings, immunizations, newborn care, nutritional guidance, physical exams, including well-child visits and school and sports physicals, referrals to specialists (when needed), and urgent care. for children who need extra attention, our pediatricians work closely with a team of specialists to support children with complex health issues. total visits for fy2024 were 39,269.
Other inpatient/outpatient/physician service accomplishments include but are not limited to: neonatal intensive care: st. chris's neonatal intensive care unit department is a regional referral nicu which provides emergent, urgent and primary care services to high risk neonates in our community "24/7/365", regardless of ability to pay. our level iv nicu provides care for some of the region's most critically ill newborns. we provide advanced treatments, such as lifesaving extracorporeal membrane oxygenation (ecmo), therapeutic hypothermia (total body cooling), comprehensive neurology care, and advanced surgeries. our critical care transport team goes to all referring facilities to transport these babies to our nicu. total patient days in fy2024 were 6,940. orthopedics: a leader in pediatric care since 1875, st. chris's orthopedics department consists of orthopedic specialists that assist children from birth to age 21. services they treat are a range of pediatric and adolescent conditions, including, bone and joint infections, bone tumors (cancerous and noncancerous), congenital (inherited) problems in the limbs or spine, including limb deformities, dislocations, foot deformities, such as clubfoot, fractures & hip, disorders, neuromuscular problems, including cerebral palsy and myelomeningocele, spine problems, such as scoliosis and spondylolisthesis, and traumatic injuries. total visits for fy2024 were 24,006.
Revenue grew from $265.0M (FY2020) to $364.0M (FY2023) across 4 reported years.
Financial snapshot
Operating margin
-1.1%
Spent more than it raised in the latest fiscal year.
Total assets
$231.8M
Total liabilities
$319.3M
Net assets
-$87.5M
Salaries & benefits
$193.7M
53% of expenses
Board members
9
9 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $364,027,631▲4.7% | $367,905,896▲9.9% | -$87,484,684▼11.0% | $231,769,060▼3.7% | 990 |
| 2022 | $347,609,518▲13.2% | $334,818,262▲5.9% | -$78,817,348▲7.0% | $240,569,339▲9.1% | 990 |
| 2021 | $307,110,689▲15.9% | $316,187,145▼11.0% | -$84,776,510▼10.8% | $220,516,019▼2.6% | 990 |
| 2020 | $265,013,647 | $355,164,822 | -$76,535,643 | $226,482,415 | 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: Harsh Grewal Md — $909,440 (0.25% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Harsh Grewal Md | Physician | 50 | $909,440 |
| Donald Mueller | Pres/ceo Ter | 50 | $760,154 |
| Martin Herman Md | Physician | 50 | $700,432 |
| Connie Rossini Md | Physician | 50 | $686,833 |
| Shannon Safier Md | Physician | 50 | $660,681 |
| David Zwillenberg Md | Physician | 50 | $647,131 |
| Edward Bleacher | Cfo/treasure | 50 | $337,865 |
| Robert Brooks | Pres/ceo 4/2 | 50 | $118,824 |
| Brent Wagner Md | Board Member | 2 | — |
| C Thomas Work Esquire | Board Member | 2 | — |
| Darin Pfeifer | Secretary | 2 | — |
| David Blum | Chair Stc Op | 2 | — |
| Janet Haas | Board Member | 2 | — |
| John Fry | Board Member | 2 | — |
| Mary Kargbo | Board Member | 2 | — |
| Michael Williams | Board Chair | 2 | — |
| Nina Henderson | Board Member | 2 | — |
| P Sue Perrotty | Board Vice C | 2 | — |
| Stan Silverman | Board Member | 2 | — |
| Contractor | Services | Paid |
|---|---|---|
| Amn Healthcare Inc | Contract Labor | $4,902,007 |
| Hayes Locums LLC | Med Staff Serv | $2,805,300 |
| Global Neurosciences Institute | Med Staff Serv | $1,899,920 |
| Locumsmart LLC | Med Staff Serv | $772,332 |
| Einstein Practice Plan Inc | Med Staff Serv | $664,521 |
Explore more
Data for Stc Healthcare Partners LLC (EIN 84-3467958) 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.