Overview
What is Sacred Heart Health Ventures Inc?
Sacred Heart Health Ventures Inc, an integral part of Ascension Health, the largest Catholic healthcare system in the U.S., works towards enhancing community health and societal welfare. The organization's primary goal is to uphold the healing mission of the church. Through its 51% ownership of PET LLC, Sacred Heart Health Ventures provides a significant portion of medical services to the elderly and underserved. During the 2022 fiscal year, they rendered services worth 59.71% to elderly patients under Medicare, and showed commitment to serving the uninsured, underinsured, and underserved by shouldering an estimated unreimbursed cost of $148,175. Additionally, PET LLC offers out-patient PET scan and CT scan services to the community. In essence, Sacred Heart Health Ventures is a charitable entity dedicated to serving the community's healthcare needs, providing necessary medical services, and extending charity to those unable to cover their expenses.
Is Sacred Heart Health Ventures Inc legitimate?
Sacred Heart Health Ventures Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sacred Heart Health Ventures Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Sacred Heart Health Ventures Inc?
Sacred Heart Health Ventures Inc's mission is centered around serving all individuals, with a focus on the vulnerable and less fortunate. Rooted in the healing ministry of Jesus, the organization is dedicated to holistic healthcare that sustains and enhances the health of individuals and communities. They are committed to advocating for a compassionate and just society, demonstrating this through their actions and words. Additionally, Sacred Heart Health Ventures Inc invests in organizations providing medical or health services to the community, aiming to improve access to specialized treatments and enhance the overall health and well-being of citizens.
What is the revenue of Sacred Heart Health Ventures Inc?
Sacred Heart Health Ventures Inc's revenue in 2022 was $2,649,267.
Who are the executives of Sacred Heart Health Ventures Inc and what are their salaries?
- Thomas J Vanosdol (Ex-Officio/Ceo, Ministry Market)
- Coba Susan Cornejo (Secretary/Treasurer) [Trustee/Director]
- Stephan F Quiriconi (Cfo, Ministry Market)
- Kimberly Paige Shrewsbury (Former Officer (End 10/2019))
Where can I find the form 990 for Sacred Heart Health Ventures Inc?
The Sacred Heart Health Ventures Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Mission Statement of Sacred Heart Health Ventures Inc
Sacred Heart Health Ventures Inc, guided by the healing ministry of Jesus, is committed to serving all individuals, with a particular focus on the poor and vulnerable. Their mission is rooted in providing compassionate and holistic healthcare, aimed at improving the health and well-being of communities. This Catholic health ministry strives to ensure that specialized treatments are accessible and available to the community, ultimately contributing to the betterment of individuals and communities as a whole. In line with their mission, Sacred Heart Health Ventures Inc advocates for a just and compassionate society, using both their actions and words to promote social change.
Impact
This information is meant to be a general summary of Sacred Heart Health Ventures Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Saturday, July 20, 2024
Sacred Heart Health Ventures Inc's impact is evident in its commitment to improving the health and well-being of citizens and enhancing access to specialized medical treatments. Through its investment in organizations providing medical and health-related services, Sacred Heart Health Ventures Inc contributes to the overall health of individuals, families, and society as a whole. By owning PET LLC, the organization delivers essential patient services and care, particularly focusing on the elderly and indigent populations.
Sacred Heart Health Ventures Inc's mission to perpetuate the healing ministry of the Church is exemplified by its provision of unreimbursed services to the elderly and the poor. Approximately 59.71% of services rendered are dedicated to elderly patients under the Medicare program. Additionally, the organization addresses healthcare accessibility and financing issues to ensure quality care for all individuals, including the uninsured and underinsured.
Furthermore, through PET LLC, Sacred Heart Health Ventures Inc provides outpatient PET scan and CT scan services to the community, benefitting a significant number of individuals. By offering essential medical services, training healthcare professionals, and providing charity services to those in need, the organization plays a crucial role in meeting the healthcare needs of the community.
As part of the Ascension Catholic health ministry, Sacred Heart Health Ventures Inc supports the broader mission of caring for patients, communities, and caregivers, especially during challenging times such as the COVID-19 pandemic. Through its dedication to serving the poor and vulnerable, the organization embodies the values of compassion, justice, and holistic care rooted in the ministry of Jesus as a healer.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Investment in PET, LLC
Revenue
$2,649,267
Organization Details
Founding Year
2003
Phone
(314) 733-8000
Main Address
C/O TAX DEPARTMENT PO BOX 45998, ST LOUIS, MO, 631455998
NTEE Category
Code: E21 - Health
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