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← ANCHORUM HEALTHCARE PARTNERSHIPS

Form 990 for tax year 2022

Filed by ANCHORUM HEALTHCARE PARTNERSHIPS.

Totals

Total revenue
$9,936,416
Total expenses
$12,871,539
Contributions and grants received
$249
Grants paid
$4,797,500
Program service revenue
$6,377,986
Investment income
$3,558,181
Other revenue
$0
Total assets, end of year
$143,652,615
Total liabilities, end of year
$22,588,559
Net assets or fund balances, end of year
$121,064,056
Program services expenses (Part IX)
$10,436,161
Management and general expenses
$2,435,378
Fundraising expenses
$0
Program service expenses (Part III)
$10,436,161

Program services were 81.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $249

  • 2a · Program service revenue: COMMON AREA MAINTENANC

    total $1,794,643 · related or exempt $1,794,643

  • 2b · Program service revenue: RODEO PARK

    total $1,689,983 · related or exempt $1,689,983

  • 2c · Program service revenue: PHYSICIANS PLAZA MEDIC

    total $1,542,728 · related or exempt $1,542,728

  • 2d · Program service revenue: PLAZA ENTRADA

    total $1,221,527 · related or exempt $1,221,527

  • 2e · Program service revenue: 1672 HD

    total $129,105 · related or exempt $129,105

  • 3 · Investment income

    total $1,700,956 · related or exempt $2,127,802 · unrelated business -$426,846

  • 7a · Gross sales of assets other than inventory

    securities $12,503,846

  • 7b · Less cost or other basis and sales expenses

    securities $10,646,621

  • 7c · Gain or loss

    securities $1,857,225

  • 7d · Net gain or loss

    total $1,857,225 · related or exempt $1,857,225

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $4,797,500 · program services $4,797,500

  • 5 · Compensation of officers, directors and key employees

    total $633,186 · program services $405,760 · management and general $227,426

  • 7 · Other salaries and wages

    total $618,419 · program services $403,975 · management and general $214,444

  • 8 · Pension plan contributions

    total $40,357 · program services $26,363 · management and general $13,994

  • 9 · Other employee benefits

    total $89,248 · program services $61,173 · management and general $28,075

  • 10 · Payroll taxes

    total $79,046 · program services $51,636 · management and general $27,410

  • 11a · Fees: management

    total $150,172 · program services $150,172

  • 11b · Fees: legal

    total $764,651 · management and general $764,651

  • 11c · Fees: accounting

    total $86,396 · management and general $86,396

  • 11f · Fees: investment management

    total $298,697 · management and general $298,697

  • 11g · Fees: other

    total $467,003 · program services $329,335 · management and general $137,668

  • 12 · Advertising and promotion

    total $86,038 · program services $55,943 · management and general $30,095

  • 13 · Office expenses

    total $29,470 · management and general $29,470

  • 14 · Information technology

    total $96,118 · program services $62,145 · management and general $33,973

  • 16 · Occupancy

    total $2,717,093 · program services $2,477,656 · management and general $239,437

  • 17 · Travel

    total $61,547 · management and general $61,547

  • 22 · Depreciation, depletion and amortization

    total $1,717,751 · program services $1,614,503 · management and general $103,248

  • 23 · Insurance

    total $37,622 · management and general $37,622

  • 24a · Other expenses: DUES AND SUBSCRIPTIONS

    total $38,058 · management and general $38,058

  • 24e · All other expenses

    total $63,167 · management and general $63,167

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $617,949 · end of year $688,895

  • 2 · Savings and temporary cash investments

    beginning of year $1,793,577 · end of year $912,455

  • 4 · Accounts receivable

    beginning of year $1,144,513 · end of year $1,029,734

  • 7 · Other notes and loans receivable

    beginning of year $11,983,240 · end of year $11,904,736

  • 9 · Prepaid expenses and deferred charges

    beginning of year $148,162 · end of year $89,108

  • 10a · Land, buildings and equipment: cost or other basis

    $49,256,673

  • 10b · Land, buildings and equipment: accumulated depreciation

    $12,376,991

  • 10c · Land, buildings and equipment, net

    beginning of year $34,650,419 · end of year $36,879,682

  • 11 · Investments: publicly traded securities

    beginning of year $46,490,105 · end of year $42,917,489

  • 12 · Investments: other securities

    beginning of year $49,305,918 · end of year $48,783,590

  • 14 · Intangible assets

    beginning of year $3,996 · end of year $3,303

  • 15 · Other assets

    beginning of year $161,220 · end of year $443,623

  • 17 · Accounts payable and accrued expenses

    beginning of year $627,037 · end of year $935,984

  • 19 · Deferred revenue

    beginning of year $9,191 · end of year $3,876,499

  • 23 · Secured mortgages and notes payable

    beginning of year $23,639,400 · end of year $17,757,418

  • 25 · Other liabilities

    beginning of year $18,658 · end of year $18,658

  • 27 · Net assets without donor restrictions

    beginning of year $122,004,813 · end of year $121,064,056

Mission and programs · 2022

Mission

ANCHORUM ST. VINCENT LEVERAGES OUR MANAGEMENT EXPERTISE, FINANCIAL RESOURCES, BUSINESS ACUMEN, AND SHARED STEWARDSHIP OF CHRISTUS ST. VINCENT IN PARTNERSHIP WITH LIKE-MINDED PHILANTHROPIC ORGANIZATIONS TO ADDRESS THE SOCIAL, BEHAVIORAL, PHYSICAL ENVIRONMENT, AND HEALTHCARE DELIVERY NEEDS OF OUR PEOPLE AND COMMUNITY.

Activities or mission (Part I)

ANCHORUM ST. VINCENT PARTNERS WITH THE INTERNATIONAL HEALTH SYSTEM, CHRISTUS HEALTH, TO PROVIDE ONGOING FINANCIAL AND STRATEGIC SUPPORT FOR CHRISTUS ST. VINCENT REGIONAL MEDICAL CENTER (CSVRMC) AND TO ENSURE RESIDENTS OF SANTA FE AND NORTHERN NEW MEXICO HAVE ACCESS TO QUALITY HEALTH CARE AND WELLNESS SERVICES. ANCHORUM ST. VINCENT DONATES AND INVESTS IN OTHER LOCAL NONPROFIT PROGRAMS THAT BENEFIT THE HEALTH AND WELLNESS OF OUR COMMUNITY.

  • ANCHORUM ST. VINCENT PROVIDED DIRECT GRANTS AND COMPETITIVE GRANTS TO ORGANIZATIONS IN SANTA FE AND NORTHERN NEW MEXICO DURING FY22. ANCHORUM ST. VINCENT MADE IMPACT INVESTMENTS BY FUNDING THESE SCHOOLS AND NONPROFITS BASED ON A COMPETITIVE GRANT APPLICATION WHERE ORGANIZATIONS DEMONSTRATED PROGRAM NEEDS AND COMMUNITY BENEFITS IN FOUR MAJOR AREAS: EDUCATIONAL ATTAINMENT, ADULT BEHAVIORAL HEALTH, HOUSING (HOMELESSNESS), AND SENIOR HEALTH AND WELLNESS. ANCHORUM ST. VINCENT'S GRANTING PROCESS FOCUSES ON THESE AREAS OF COMMUNITY HEALTH NEEDS TO SUPPORT THE GOALS OF CHRISTUS ST. VINCENT REGIONAL MEDICAL CENTER BY IMPROVING COMMUNITY HEALTH RESOURCES AND PROVIDING COMMUNITY SUPPORT.

    Expenses $5,065,160 · Grants $4,797,500

  • ANCHORUM ST. VINCENT OWNS AND MANAGES THREE MEDICAL OFFICE BUILDINGS AND TWO PROGRAM RELATED OFFICE BUILDINGS FOR THE BENEFIT OF CHRISTUS ST. VINCENT REGIONAL MEDICAL CENTER AND THE GREATER COMMUNITY OF SANTA FE AND NORTHERN NEW MEXICO. PHYSICIAN'S PLAZA HAS SEVERAL KEY CLINICAL SPECIALTIES AND LAB SERVICES AND IS LOCATED ON THE CAMPUS OF CHRISTUS ST VINCENT. PLAZA ENTRADA HOUSES THE LARGEST CANCER TREATMENT CENTER IN NORTHERN NEW MEXICO AND AN X-RAY LAB LOCATED OFF CAMPUS FROM THE ACUTE FACILITY. THE RODEO PARK PAISANO BUILDING HOUSES ADMINISTRATIVE STAFF OF THE HOSPITAL AND ORTHOPAEDIC, PHYSICAL THERAPY, AND SPORTS MEDICINE CLINICS. THE TWO PROGRAM OFFICE BUILDINGS HOUSE FOUNDATION OFFICES DEDICATED TO SUPPORTING CHRISTUS ST. VINCENT AND THE LARGER COMMUNITY, AND THE ADMINISTRATIVE OFFICES OF ANCHORUM ST. VINCENT.

    Expenses $4,473,813 · Revenue $6,377,986

  • ADMINISTRATIVE FUNCTIONS, INVESTMENT MANAGEMENT, AND OTHER ORGANIZATIONAL SUPPORT.

    Expenses $897,188 · Revenue $3,985,027

  • TO SUPPORT THE MISSION OF CHRISTUS ST. VINCENT REGIONAL MEDICAL CENTER (CSVRMC), ANCHORUM PARTICIPATED IN THE COMMUNITY HEALTH FUNDER ALLIANCE (CHFA), WHICH IS A FUNDER COLLABORATIVE FOCUSED ON IMPROVING HEALTH OUTCOMES AND PROMOTING HEALTH EQUITY IN SANTA FE AND NORTHERN NEW MEXICO. THE OTHER MEMBERS OF CHFA ARE CSVRMC AND SANTA FE COMMUNITY FOUNDATION. HTTPS://COMMUNITYHEALTHFUNDER.ORG/

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • CHARLES GOODMAN

    CHAIR

    Total calculated
    $0
    Hours/week
    5

  • DAYA SINGH KHALSA

    TREASURER

    Total calculated
    $0
    Hours/week
    2

  • MARK PUCZYNSKI MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • SAYURI YAMADA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4 + 2 related

  • WENDY TREVISANI

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4 + 2 related

  • JERRY JONES CPA

    PRESIDENT AND CEO

    Total calculated
    $527,785
    From this org
    $456,839
    From related orgs
    $0
    Other
    $70,946
    Hours/week
    30 + 10 related

    Schedule J breakdown matched by us

    Base
    $324,414
    Bonus
    $112,925
    Other
    $19,500
    Deferred
    $34,446
    Nontaxable benefits
    $36,500
    Filer's total
    $527,785

  • JENNIFER CRYSLER CORP TREAS

    CHIEF FINANCIAL OFFICER

    Total calculated
    $193,488
    From this org
    $153,064
    From related orgs
    $0
    Other
    $40,424
    Hours/week
    30 + 10 related

    Schedule J breakdown matched by us

    Base
    $152,564
    Bonus
    $500
    Other
    $0
    Deferred
    $28,213
    Nontaxable benefits
    $12,211
    Filer's total
    $193,488

  • JOOHEE RAND

    VP PHILANTHROPY (THROUGH 6/2/22)

    Total calculated
    $129,026
    From this org
    $121,325
    From related orgs
    $0
    Other
    $7,701
    Hours/week
    40

  • PETER BASTONE

    FORMER PRESIDENT AND CEO

    Total calculated
    $639,000
    From this org
    $639,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0
    Other
    $639,000
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $639,000

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4a · Severance or change-of-control payment
  • 7 · Other non-fixed payments

Answered no

  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 4A
SEVERANCE WAS PAID TO THE FORMER CEO, PETER BASTONE, DURING THE 2022 CALENDAR YEAR (JANUARY 2022), BUT NOT DURING THE FISCAL YEAR.
PART I, LINE 7
THE EXECUTIVE TEAM AT ANCHORUM ST. VINCENT, AS PART OF THEIR COMPENSATION PACKAGE, ARE ENTITLED TO EARN AND RECEIVE DISCRETIONARY, INCENTIVE BONUSES FOR MEETING ANNUAL ORGANIZATIONAL AND TEAM GOALS. GOALS FOR THE EXECUTIVE STAFF ARE MEMORIALIZED, MONITORED, AND EVALUATED ANNUALLY BY THE BOARD OF DIRECTORS, AND THE DISCRETIONARY BONUS AWARDS, IF ANY, ARE APPROVED BY THE BOARD OF DIRECTORS. ADDITIONALLY, SEVERAL SENIOR MEMBERS OF THE EXECUTIVE TEAM ARE ENTITLED TO A NONQUALIFIED RETENTION PAYMENT, WHICH IS ACCRUED ANNUALLY AND WILL BE PAID IN THE FUTURE SHOULD THE EMPLOYEE COMPLETE THE CONTRACT TERM.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • SUPPORTCO PROPERTIES LLC

    MEDICAL OFFICE BUILDING · NM · income $2,312,302 · assets $9,812,238

    Directly controlled by ANCHORUM ST VINCENT

  • RODEO PARK MOB LLC

    MEDICAL OFFICE BUILDING · NM · income $1,809,555 · assets $10,637,433

    Directly controlled by ANCHORUM ST VINCENT

  • 1672 HD LLC

    ADMINISTRATIVE OFFICE BUILDING · NM · income $163,663 · assets $1,314,904

    Directly controlled by ANCHORUM ST VINCENT

  • 1676 HD LLC

    ADMINISTRATIVE OFFICE BUILDING · NM · income $194,676 · assets $1,294,383

    Directly controlled by ANCHORUM ST VINCENT

  • PLAZA ENTRADA HOLDINGS LLC

    MEDICAL OFFICE BUILDING · NM · income $2,092,824 · assets $9,891,139

    Directly controlled by ANCHORUM ST VINCENT

  • LLI PROPERTIES LLC

    PARTICIPANT IN LLLP - AFFORDABLE HOUSING · NM · income $0 · assets $3,493,296

    Directly controlled by ANCHORUM ST VINCENT

  • ANCHORUM LLPSPE LLC

    PARTICIPANT IN LLC - AFFORDABLE HOUSING · NM · income $0 · assets $500

    Directly controlled by ANCHORUM ST VINCENT

Provenance

Return type
form_990
Tax year
2022
Filed
22 February 2024
IRS schema version
2022v5.0
Source object
202430579349301308

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.