Skip to content
Nonprofiteer
← PRESENCE CARE TRANSFORMATION CORPORATION

Form 990 for tax year 2023

Filed by PRESENCE CARE TRANSFORMATION CORPORATION.

Totals

Total revenue
$4,305,604
Total expenses
$57,803,184
Contributions and grants received
$312,198
Grants paid
$97,260
Program service revenue
$3,058,400
Investment income
$139,179
Other revenue
$795,827
Total assets, end of year
$87,435,250
Total liabilities, end of year
$1,165,654,153
Net assets or fund balances, end of year
-$1,078,218,903
Program services expenses (Part IX)
$33,447,661
Management and general expenses
$24,355,523
Fundraising expenses
$0
Program service expenses (Part III)
$33,447,661

Program services were 57.9% 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.

  • 1e · Government grants (contributions)

    $312,193

  • 1f · All other contributions, gifts and grants

    $5

  • 2a · Program service revenue: Services to Affiliates

    total $2,055,346 · related or exempt $2,055,346

  • 2b · Program service revenue: Rental Income from Affiliates

    total $1,002,799 · related or exempt $1,002,799

  • 2c · Program service revenue: Value Based Revenue

    total $255 · related or exempt $255

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $139,179 · excluded $139,179

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7c · Gain or loss

    securities $0 · other assets $0

  • 11a · Other revenue: COMPUTER RELATED SERVICES

    total $426,679 · unrelated business $426,679

  • 11b · Other revenue: Incremental Tax Incentive

    total $333,417 · excluded $333,417

  • 11c · Other revenue: Medical Records Fees

    total $26 · related or exempt $26

  • 11d · All other revenue

    total $35,705 · related or exempt $0 · unrelated business $0 · excluded $35,705

  • 11e · Other revenue, total

    $795,827

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $97,260 · program services $97,260

  • 7 · Other salaries and wages

    total $7,116,145 · program services $5,386,443 · management and general $1,729,702

  • 8 · Pension plan contributions

    total $256,773 · program services $194,360 · management and general $62,413

  • 9 · Other employee benefits

    total $30,768 · program services $23,289 · management and general $7,479

  • 10 · Payroll taxes

    total $1,092,993 · program services $827,322 · management and general $265,671

  • 11g · Fees: other

    total $1,300,362 · program services $1,969 · management and general $1,298,393 · fundraising $0

  • 13 · Office expenses

    total $1,224,379 · program services $723,474 · management and general $500,905

  • 14 · Information technology

    total $957,120 · program services $957,120

  • 16 · Occupancy

    total $3,367,274 · program services $2,548,800 · management and general $818,474

  • 17 · Travel

    total $5,578 · program services $4,585 · management and general $993

  • 19 · Conferences, conventions and meetings

    total $6,021 · management and general $6,021

  • 22 · Depreciation, depletion and amortization

    total $10,577,541 · program services $8,006,487 · management and general $2,571,054

  • 23 · Insurance

    total $15,790,778 · management and general $15,790,778

  • 24a · Other expenses: Impairment Write Downs

    total $14,545,368 · program services $14,545,368

  • 24b · Other expenses: Merchant Fees

    total $640,406 · management and general $640,406

  • 24c · Other expenses: Medical Supplies

    total $475,965 · program services $3,210 · management and general $472,755

  • 24d · Other expenses: Building Rental Expense

    total $80,353 · management and general $80,353

  • 24e · All other expenses

    total $238,100 · program services $127,974 · management and general $110,126 · fundraising $0

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $3,582,380 · end of year $5,114,292

  • 4 · Accounts receivable

    beginning of year $23,624 · end of year $183

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $199,119 · end of year $116,746

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

    $106,437,680

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

    $99,559,603

  • 10c · Land, buildings and equipment, net

    beginning of year $25,260,484 · end of year $6,878,077

  • 12 · Investments: other securities

    beginning of year $0

  • 13 · Investments: program-related

    beginning of year $32,162,647 · end of year $32,162,647

  • 14 · Intangible assets

    beginning of year $9,236,153 · end of year $5,301,336

  • 15 · Other assets

    beginning of year $46,966,099 · end of year $37,861,969

  • 17 · Accounts payable and accrued expenses

    beginning of year $4,295,595 · end of year $4,695,645

  • 19 · Deferred revenue

    beginning of year $212,294 · end of year $212,294

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $1,225,684,707 · end of year $1,160,746,214

  • 27 · Net assets without donor restrictions

    beginning of year -$1,112,784,735 · end of year -$1,078,241,194

  • 28 · Net assets with donor restrictions

    beginning of year $22,645 · end of year $22,291

Mission and programs · 2023

Mission

ROOTED IN THE LOVING MINISTRY OF JESUS AS HEALER, WE COMMIT OURSELVES TO SERVING ALL PERSONS WITH SPECIAL ATTENTION TO THOSE WHO ARE POOR AND VULNERABLE. OUR CATHOLIC HEALTH MINISTRY IS DEDICATED TO SPIRITUALLY-CENTERED, HOLISTIC CARE WHICH SUSTAINS AND IMPROVES THE HEALTH OF INDIVIDUALS AND COMMUNITIES. WE ARE ADVOCATES FOR A COMPASSIONATE AND JUST SOCIETY THROUGH OUR ACTIONS AND OUR WORDS.

Activities or mission (Part I)

TO IMPROVE THE HEALTH AND WELL-BEING OF ALL PEOPLE IN THE COMMUNITIES WE SERVE.

  • THE FILING ORGANIZATION IS A PART OF THE ASCENSION CATHOLIC HEALTH MINISTRY. ASCENSION IS A FAITH-BASED HEALTHCARE ORGANIZATION THAT DELIVERS PERSONALIZED, COMPASSIONATE CARE TO ALL, ESPECIALLY TO THOSE WHO NEED IT THE MOST. PRESENCE CARE TRANSFORMATION CORPORATION PROVIDES CENTRALIZED CORPORATE MANAGEMENT SERVICES TO PRESENCE HEALTH AND RECEIVES MANAGEMENT FEE INCOME FOR THE SERVICES IT PROVIDES TO ALL ORGANIZATIONS IN THE SYSTEM. BY CENTRALIZING THESE SERVICES, PRESENCE HEALTH CAN PREVENT DUPLICATION AND BETTER UTILIZE SCARCE RESOURCES. FOR EXAMPLE, CERTAIN INFORMATION TECHNOLOGY AND TELEHEALTH ACTIVITIES ARE SERVICES PROVIDED CENTRALLY THROUGH PRESENCE CARE TRANSFORMATION CORPORATION.

    Expenses $33,447,661 · Grants $97,260 · Revenue $3,058,426

As filed on the 2023 return.

Listed in Part VII

  • DANA L GILBERT

    PRESIDENT

    Total calculated
    $583,224
    From this org
    $0
    From related orgs
    $532,831
    Other
    $50,393
    Hours/week
    0 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $394,105 related
    Bonus
    $0 + $121,950 related
    Other
    $0 + $16,776 related
    Deferred
    $0 + $18,150 related
    Nontaxable benefits
    $0 + $32,243 related
    Filer's total
    $0 + $583,224 related

  • POLLY DAVENPORT

    DIRECTOR

    Total calculated
    $2,135,803
    From this org
    $0
    From related orgs
    $2,086,130
    Other
    $49,673
    Hours/week
    0 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $798,451 related
    Bonus
    $0 + $1,109,775 related
    Other
    $0 + $177,904 related
    Deferred
    $0 + $18,150 related
    Nontaxable benefits
    $0 + $31,523 related
    Filer's total
    $0 + $2,135,803 related

  • JULIE P ROKNICH

    SECRETARY

    Total calculated
    $362,618
    From this org
    $0
    From related orgs
    $327,720
    Other
    $34,898
    Hours/week
    0 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $248,705 related
    Bonus
    $0 + $76,279 related
    Other
    $0 + $2,736 related
    Deferred
    $0 + $14,875 related
    Nontaxable benefits
    $0 + $20,023 related
    Filer's total
    $0 + $362,618 related

  • RICHARD DOUGLAS CARTER

    TREASURER/CFO, ASCENSION ILLINOIS

    Total calculated
    $1,426,472
    From this org
    $0
    From related orgs
    $1,370,413
    Other
    $56,059
    Hours/week
    0 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $711,407 related
    Bonus
    $0 + $511,943 related
    Other
    $0 + $147,063 related
    Deferred
    $0 + $10,812 related
    Nontaxable benefits
    $0 + $45,247 related
    Filer's total
    $0 + $1,426,472 related

  • GAURAV KAPOOR MD

    PHYSICIAN

    Total calculated
    $1,528,570
    From this org
    $1,465,308
    From related orgs
    $0
    Other
    $63,262
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $1,357,458
    Bonus
    $95,104
    Other
    $12,746
    Deferred
    $17,636
    Nontaxable benefits
    $45,626
    Filer's total
    $1,528,570

  • HADI SHAABAN MD

    PHYSICIAN

    Total calculated
    $1,454,254
    From this org
    $1,427,916
    From related orgs
    $0
    Other
    $26,338
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $610,470
    Bonus
    $812,772
    Other
    $4,674
    Deferred
    $9,397
    Nontaxable benefits
    $16,941
    Filer's total
    $1,454,254

  • JOHN SONG MD

    PHYSICIAN

    Total calculated
    $1,076,190
    From this org
    $1,041,149
    From related orgs
    $0
    Other
    $35,041
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $945,317
    Bonus
    $90,400
    Other
    $5,432
    Deferred
    $16,500
    Nontaxable benefits
    $18,541
    Filer's total
    $1,076,190

  • NICHOLAS C FRISCH MD

    PHYSICIAN

    Total calculated
    $1,279,766
    From this org
    $1,216,596
    From related orgs
    $0
    Other
    $63,170
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $1,170,233
    Bonus
    $36,000
    Other
    $10,363
    Deferred
    $18,150
    Nontaxable benefits
    $45,020
    Filer's total
    $1,279,766

  • TAMIR HERSONSKEY MD

    PHYSICIAN

    Total calculated
    $1,241,957
    From this org
    $1,188,176
    From related orgs
    $0
    Other
    $53,781
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $1,060,126
    Bonus
    $109,000
    Other
    $19,050
    Deferred
    $14,319
    Nontaxable benefits
    $39,462
    Filer's total
    $1,241,957

  • KEITH A PARROTT

    FORMER OFFICER (END 9/2022)

    Total calculated
    $1,926,318
    From this org
    $0
    From related orgs
    $1,920,618
    Other
    $5,700
    Hours/week
    0 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + -$5,700 related
    Bonus
    $0 + $783,643 related
    Other
    $0 + $1,142,675 related
    Deferred
    $0
    Nontaxable benefits
    $0 + $5,700 related
    Filer's total
    $0 + $1,926,318 related

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

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 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
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation
A RELATED ORGANIZATION OF THE FILING ORGANIZATION, USES ONE OR MORE OF THE FOLLOWING TO ESTABLISH THE COMPENSATION OF THE ORGANIZATION'S TOP MANAGEMENT OFFICIAL: - COMPENSATION COMMITTEE - INDEPENDENT COMPENSATION CONSULTANT - COMPENSATION SURVEY OR STUDY, AND - APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE PLEASE REFER TO THE FORM 990, PART VI, LINE 15A DISCLOSURE IN SCHEDULE O FOR ADDITIONAL DETAILS ON HOW COMPENSATION OF THE ORGANIZATION'S TOP MANAGEMENT OFFICIAL IS ESTABLISHED.
Schedule J, Part I, Line 4a Severance or change-of-control payment
THE FOLLOWING INDIVIDUAL(S) RECEIVED SEVERANCE PAYMENTS FROM THE ORGANIZATION OR A RELATED ORGANIZATION DURING CALENDAR YEAR 2023: KEITH A PARROTT - $1,053,000
Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan
ELIGIBLE EXECUTIVES PARTICIPATE IN A PROGRAM THAT PROVIDES FOR SUPPLEMENTAL RETIREMENT BENEFITS. THE PAYMENT OF BENEFITS UNDER THE PROGRAM, IF ANY, IS ENTIRELY DEPENDENT UPON THE FACTS AND CIRCUMSTANCES UNDER WHICH THE EXECUTIVE TERMINATES EMPLOYMENT WITH THE ORGANIZATION. BENEFITS UNDER THE PROGRAM ARE UNFUNDED AND NON-VESTED. DUE TO THE SUBSTANTIAL RISK OF FORFEITURE PROVISION, THERE IS NO GUARANTEE THAT THESE EXECUTIVES WILL EVER RECEIVE ANY BENEFIT UNDER THE PROGRAM. ANY AMOUNT ULTIMATELY PAID UNDER THE PROGRAM TO THE EXECUTIVE IS REPORTED AS COMPENSATION ON FORM 990, SCHEDULE J, PART II, COLUMN B IN THE YEAR PAID. NO INDIVIDUALS RECEIVED CURRENT YEAR DISTRIBUTIONS.

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

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.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

Provenance

Return type
form_990
Tax year
2023
Filed
13 May 2025
IRS schema version
2023v6.0
Source object
202521339349308402

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.