2024-11-13T09:39:13-07:00 2023-12-31 990 2023-01-01 271602445 ST VINCENT CHARITY DEVELOPMENT FOUNDATION STVI 2168616200 2351 East 22nd Street Cleveland OH 44115 Melissa Rogers Assistant Treasurer 2163637491 2024-11-13 1 2023 2024-10-15 13:58:12Z X Anthony Coyne 2351 East 22nd Street Cleveland OH 44115 134964 0 0928 X www.stvincentcharity.com/giving/ X 2010 OH SEE Schedule O X 4 2 0 1 0 0 395985 134964 0 0 0 0 0 0 395985 134964 0 0 0 0 193913 68774 0 0 0 33802 7847 227715 76621 168270 58343 2755718 0 26665 0 2729053 0 X See Schedule O 0 0 76621 0 134964 The St Vincent Charity Development Foundation supports St Vincent Charity Medical Center (SVCMC) in the extension of the healing mission of Jesus, following the example and directive of the Sisters of Charity of St Augustine. SVCMC is Cleveland's Faith-based, high-quality healthcare provider. Recognized for exceptional patient care and a commitment to compassion. SVCMC and its employees and medical staff offer primary, psychiatric emergency, and behavioral health outpatient services. 0 0 0 76621 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 X 4 2 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 X Theresa Wrabel 2163637474 2351 East 22nd Street Cleveland OH 44115 X Janice Murphy Board Member Vice Chair 2 48 X X 0 605995 55700 Melissa Rogers Board Member, Treasurer 2 48 X X 0 460450 80020 Bradley Rauh Board Member, Secretary 2 48 X X 0 288073 14875 Anthony Coyne Board Director President 2 0 X X 0 0 0 0 1354518 150595 0 0 1 0 0 0 0 0 0 0 134964 0 134964 0 0 0 0 0 0 0 134964 0 0 0 47109 47109 15599 15599 6066 6066 0 0 0 0 0 -2496 -2496 416 416 Bank Fees 9927 9927 0 0 76621 76621 0 0 73206 0 72953 0 0 0 0 0 0 0 0 0 0 0 0 0 417 0 0 17707 0 0 0 0 0 0 0 2591435 0 2755718 0 26665 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 26665 0 X 99730 0 2629323 0 2729053 0 2755718 0 X 58343 0 0 0 0 -2787396 X X 0 1 X 1 0 X X 1 St Vincent Charity Medical Center 340714756 7 1 94561 0 1 94561 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 Schedule A, Part I, Line 11 The organization provides support by performing annual mailings, special events, and other fund raising functions for the benefit of St Vincent Charity Medical Center. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2591435 0 0 0 2591435 0 0 3150856 0 -539113 11661 0 8647 2591435 2936010 0 224824 0 0 9978 3150856 2577611 0 366645 6950 0 1296 2936010 2159797 50000 381466 5049 0 8603 2577611 0 1 0 0 0 0 0 X Schedule D, Part V, Line 1g The Endowment Fund balance is zero because the funds were transferred to St Vincent Charity Medical Center. The Foundation assets and liabilities were transferred to the Medical Center. Schedule D, Part V, Line 4 To provide grants to currently enrolled students who are pursuing an education in nursing regardless of age, sex, race, color, religion, academic status or need. The endowment funds of the foundation were transferred to the hospital at the end of 2023. These funds have been transferred to St Vincent Charity Medical Center. Schedule D, Part X, Line 2 SVCMC and its subsidiary are nonprofit, tax exempt organizations under Section 501 (c) (3) of the Internal Revenue Code (The "Code"), and accordingly no tax provision is reflected in the consolidated financial statements. IPS is considered a disregarded entity, and its operations are included in the tax filings of SVCMC. With few exceptions, the system is no longer subject to U.S. Federal, State and Local or Non-U.S. Income Tax examinations by tax authorities for years before 2018. SVMG is a for-profit entity. The entity is a C Corporation that files a consolidated federal tax return and has net operation losses of approximately $51,979 and $11,497,016 for the years ended December 31, 2023 and 2022, respectively. Any potential deferred tax asset attributable to the net operating loss carryforwards has been fully offset by a valuation allowance, as SVMG does not expect to realize a benefit from the losses. Income taxes on SVMG, if any are not significant. 0 0 0 0 0 0 0 0 0 Janice Murphy Board Member Vice Chair 0 594870 0 0 0 11125 0 53700 0 2000 0 661695 0 0 Melissa Rogers Board Member, Treasurer 0 455930 0 0 0 4520 0 53700 0 26320 0 540470 0 0 Bradley Rauh Board Member, Secretary 0 280131 0 0 0 7942 0 4180 0 10695 0 302948 Schedule J, Part I, Line 3 The executive compensation review is conducted by a related organization, Sisters of Charity Health System. The review includes a Compensation Committee, Independent Compensation Consultant, compensation survey or study, and approval by the Board. Assets and Liabilites of the Foundation were transferred to St Vincent Charity Medical Center 2023-12-31 101399 The book value of net asets were transferred from the St Vincent Development Fund books to St Vincent Charity Medical Center. 340714756 St Vincent Charity Medical Center 2351 East 22nd Street Cleveland OH 44115 501 (C) (3) 0 0 0 0 1 0 1 0 Form 990, Part I, Line 1 Description of Organization Mission: The St Vincent Charity Development Foundation will help sustain faith-based Catholic healthcare through the mission of St Vincent Charity Medical Center. In the spirit of the Sisters of Charity of St. Augustine, the St Vincent Charity Medical Center family is dedicated to the healing ministry of Jesus. As caregivers we serve with a deep respect for the dignity and value of all persons. We are focused on quality care, dedicated to the poor and committed to continuing education. Form 990, Part III, Line 1 Description of Organization Mission: St Vincent Charity Development Foundation will steward and enhance the faith based Catholic healhtcare through the ministry of St Vincent Charity Medical Center and the Sisters of Charity Health System. The Foundation operates exclusively to support the charitable, eduational, scientific, and religious purposes of St Vincent Charity Medical Center. Form 990, Part III, Line 4a Program Service Accomplishments: High quality medical care for every patient, regardless of his or her ability to pay, is the overarching institutional goal. Each patient is cared for with the compassion of the Sisters of Charity legacy-treating the whole person-mind, body and spirit. The St Vincent Charity Development Foundation cultivates community and individual relationships to generate philanthropic support, establishing a strong inspired donor base to support the purpose and activities of SVCMC. the SVCDF continues cultivaiton and stewardship of current and prospective donors: This is being done through - Executive meetings and tours of SVCMC for corporate leaders, community and family foundation leaders, and individuals, to share history, operations, growth and successes of SVCMC.- Operational fund appeals mailed out three times annually to cultivate and solicit the donor base.- Guardian Angel program: a program designed for patients and family members to make gifts to SVCMC in honor of a caregiver who made a difference in their healthcare experience.-Consistent care and treatment of the underserved, especially those in Cleveland's Central Neighborhood surrouding SVCMC. Form 990, Part VI, Section A, Line 6 The Organization has one corporate member: St Vincent Charity Medical Center Form 990, Part VI, Section A, Line 7a The organization's members may elect members of the governing body. Form 990, Part VI, Section A, Line 7b Certain decisions of the governing body, such as approval of budget, capital expenditures, liquidation, merger or dissolution of assets, and the modification of the articles of incorporation and code of regulation, must be approved by the board of the member organization. Form 990, Part VI, Section B, Line 11b The data and information for the 990 is prepared internally. A copy of the draft is provided to the accounting staff for review. The concerns from the review process are addressed. The return is submitted to the board for review once concerns are addressed. Form 990, Part VI, Section B, Line 12c St Vincent Charity Development Foundation initiated operations in 2010. As an organization established exclusively for the support and benefit of St Vincent Charity Medical Center, the Foundation adheres to the administrative policies of St Vincent Charity Medical Center, including, but not limited to : Corporate Compliance Policies; Disclosure of Conflicts of Interest; Document Retention and Destruction; Human Resources; as well as Financial Management and Reporting. Form 990, Part VI, Section B, Line 15 The Foundation adheres to the Administrative Policies and Procedures of St Vincent Charity Medical Center and follows their annual compensation review by an external source which is then reviewed by the Board for approval. Form 990, Part VI, Section C, Line 18 Form 990 and form 1023 are available to the public upon request at St Vincent Charity Medical Center. Form 990, Part VI, Section C, Line 19 Governing documents, the financial statements, and the conflict of interest policy are available to the public upon request at St Vincent Charity Medical Center location. Form 990, Part VII, Section A, Line 1a There are individuals that are being paid by the related organization (Sisters of Charity Health System) that work both at the organization and at the related organizations of the affiliates. Form 990, Part XI, Line 9 Net Assets transferred to St Vincent Charity Medical Center $101,399. Depository $41,023.25 plus Pledges $49,177 plus Northern Trust Ministiries $17,706.91, offset by Accounts Payable $6508.15. Form 990, Part XII, Line 2c St Vincent Charity Development Foundation's financial statements are consolidated with St Vincent Charity Medical Center. St Vincent Charity Medical Center has an audit committee that has been charged with oversight of the audit and selection of the independent accounting firm. The process has not changed from the prior year. Sisters of Charity Health System 2475 East 22nd Street Cleveland OH 44115 341379356 Charitable Organization OH 501 (C) (3) 12A Sisters of Charity of St Augustine Roman Catholic Church 0 Sisters of Charity of St Augustine Roman Catholic Church 5232 Broadview Road Cleveland OH 44286 340714763 Religious Order of Women OH 501 (C) (3) 1 N/A 0 SCPH Legacy Corporation 2475East 22nd Street Cleveland OH 44115 570314409 Charitable Organization SC 501 (C) (3) 12A SCHS 0 Regina Health Center 5232 Broadview Road Richfield OH 44286 341722394 Retirement Community OH 501 (C) (3) 10 SCHS 0 St Vincent Charity Medical Center 2351 East 22nd Street Cleveland OH 44115 340714756 Hospital OH 501 (C) (3) 3 SCHS 0 St John Hospital 2475 East 22nd Street Cleveland OH 44115 340714504 Charitable Organization OH 501 (C) (3) 12A SCHS 0 Healthy Learners 2749 Laurel Strret Columbia SC 29204 571127197 Charitable Organization SC 501 (C) (3) 10 SCHS 0 Joseph's Home 2412 Community College Avenue Cleveland OH 44115 340901676 Charitable Organization OH 501 (C) (3) 10 SCHS 0 Sisters of Charity Foundation of Cleveland 2475 East 22nd Street Cleveland OH 44115 341832698 Charitable Foundation OH 501 (C) (3) 12A SCHS 0 Sisters of Charity Foundation of Canton 400 Market Avenue N Suite 300 Canton OH 44702 341832697 Charitable Foundation OH 501 (C) (3) 12A SCHS 0 South Carolina Center For Fathers & Families 2711 Middleburg Drive Columbia SC 29204 364506347 Charitable Organization SC 501 (C) (3) 7 Sisters of Charity Foundation of SC 0 Early Childhood Resource Center 1718 Cleveland Avenue NW Canton OH 44703 340714462 Charitable Organization OH 501 (C) (3) 7 Sisters of Charity Foundation of Canton 0 Sisters of Charity Foundation of South Carolina 2711 Middleburg Drive Columbia SC 29204 570708391 Chariable Foundation SC 501 (C) (3) 12A SCHS 0 Light of Hearts 283 Union Street Bedford OH 44146 341619270 Assited Living Facility OH 501 (c) (3) 10 SCHS 0 St Vincent Medical Group 2475 East 22nd Street Cleveland OH 44115 341634990 Medical Services OH N/A C 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 1 Schedule R, Part II IDENTIFICATION OF RELATED TAX-EXEMPT ORGANIZATIONS: Name of related Organization: Sisters of Charity Health System...Direct Controlling Entity: Sisters of Charity of St. Augustine Roman Catholic Church