Skip to content
Nonprofiteer
← ST FRANCIS RESEARCH AND EDUCATIONAL CORPORATION

Form 990 for tax year 2023

Filed by ST FRANCIS RESEARCH AND EDUCATIONAL CORPORATION.

Totals

Total revenue
$11,416,311
Total expenses
$12,730,328
Contributions and grants received
$6,021,315
Grants paid
$0
Program services expenses (Part IX)
$12,649,784
Management and general expenses
$80,544
Fundraising expenses
$0
Program service expenses (Part III)
$12,649,784

Program services were 99.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • PATRICK O'SHAUGHNESSY DO

    PRESIDENT & CEO

    Total calculated
    $4,648,566
    From this org
    $0
    From related orgs
    $3,177,674
    Other
    $1,470,892
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $0 + $1,748,018 related
    Bonus
    $0 + $1,400,000 related
    Other
    $0 + $29,656 related
    Deferred
    $0 + $1,414,803 related
    Nontaxable benefits
    $0 + $56,089 related
    Filer's total
    $0 + $4,648,566 related

  • CHARLES LUCORE

    PRESIDENT/CAO

    Total calculated
    $2,558,370
    From this org
    $0
    From related orgs
    $2,210,463
    Other
    $347,907
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $0 + $955,553 related
    Bonus
    $0 + $275,000 related
    Other
    $0 + $979,910 related
    Deferred
    $0 + $291,856 related
    Nontaxable benefits
    $0 + $56,051 related
    Filer's total
    $0 + $2,558,370 related

  • PATRICK MINICUS

    EVP & CFO

    Total calculated
    $1,928,665
    From this org
    $0
    From related orgs
    $1,220,160
    Other
    $708,505
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $0 + $921,345 related
    Bonus
    $0 + $270,000 related
    Other
    $0 + $28,815 related
    Deferred
    $0 + $655,803 related
    Nontaxable benefits
    $0 + $52,702 related
    Filer's total
    $0 + $1,928,665 related

  • RUTH HENNESSEY

    FORMER CAO

    Total calculated
    $1,387,512
    From this org
    $0
    From related orgs
    $1,094,062
    Other
    $293,450
    Hours/week
    0 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $695,448 related
    Bonus
    $0 + $150,000 related
    Other
    $0 + $248,614 related
    Deferred
    $0 + $273,450 related
    Nontaxable benefits
    $0 + $20,000 related
    Filer's total
    $0 + $1,387,512 related

  • SALVATORE SODANO

    CHAIR

    Total calculated
    $0
    Hours/week
    2

  • BRIAN MCGUIRE

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    2

  • THOMAS CHRISTMAN

    SECRETARY

    Total calculated
    $0
    Hours/week
    2

  • ROBERT ZUCCARO

    TREASURER

    Total calculated
    $0
    Hours/week
    2

  • REV JOHN MCCARTNEY

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • WILLIAM WARD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • PETER QUICK

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • DEBRA DEL VECCHIO

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • REGINA PISCAZZI

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • JOHN ROMANELLI MD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • ANDREW ZUCARO

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • JERRY BALENTINE DO

    TRUSTEE (AS OF 01/23)

    Total calculated
    $0
    Hours/week
    2

  • PETER DAGHER

    TRUSTEE (AS OF 09/23)

    Total calculated
    $0
    Hours/week
    2

  • REV LEE DESCOTEAUX

    TRUSTEE (AS OF 01/23)

    Total calculated
    $0
    Hours/week
    2

  • HON VITO DESTEFANO

    TRUSTEE (AS OF 06/23)

    Total calculated
    $0
    Hours/week
    2

  • RE JASON GRISAFI

    TRUSTEE (AS OF 01/23)

    Total calculated
    $0
    Hours/week
    2

  • JOSEPH MATTONE ESQ

    TRUSTEE (AS OF 03/23)

    Total calculated
    $0
    Hours/week
    2

  • SUSAN O'HARA RN

    TRUSTEE (AS OF 03/23)

    Total calculated
    $0
    Hours/week
    2

  • RONALD SHINDEL

    TRUSTEE (AS OF 03/23)

    Total calculated
    $0
    Hours/week
    2

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 — 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

  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 4a · Severance or change-of-control payment
  • 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)

PART I, LINE 3 - METHODS TO ESTABLISH COMPENSATION BY RELATED ORGANIZATION
THE FOLLOWING METHODS ARE USED BY A RELATED ORGANIZATION TO ESTABLISH COMPENSATION OF THE CEO/EXECUTIVE DIRECTOR: A COMPENSATION COMMITTEE, INDEPENDENT COMPENSATION CONSULTANT, WRITTEN EMPLOYMENT CONTRACT, COMPENSATION SURVEY OR STUDY, FORM 990 OF OTHER ORGANIZATIONS, AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE.
PART I, LINE 4B - SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN
THE FOLLOWING INDIVIDUALS PARTICIPATED IN THE SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN. THE AMOUNTS BELOW ARE INCLUDED ON SCHEDULE J, PART II, COLUMN C. PATRICK MINICUS $633,000 PARTICIPATION IN PLAN RUTH HENNESSEY $252,000 PARTICIPATION IN PLAN CHARLES LUCORE $271,000 PARTICIPATION IN PLAN PATRICK O'SHAUGHNESSY $1,392,000 PARTICIPATION IN PLAN THE DEFERRED COMPENSATION AMOUNT IN COLUMN C FOR THESE INDIVIDUALS INCLUDES BOTH QUALIFIED AND NON-QUALIFIED RETIREMENT PLANS. THE FOLLOWING INDIVIDUALS VESTED IN THE SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN. THE AMOUNTS BELOW ARE INCLUDED ON SCHEDULE J, PART II, COLUMN B (III). THESE AMOUNTS INCLUDE A TAX GROSS UP. RUTH HENNESSY $224,144 VESTED IN PLAN CHARLES LUCORE $944,452 VESTED IN PLAN THE AMOUNTS OUTLINED HEREIN WERE INCLUDED IN EACH INDIVIDUAL'S 2023 FORM W-2, BOX 5 AS TAXABLE WAGES BECAUSE THEY ARE VESTED, BUT ARE NOT DISTRIBUTED UNTIL RETIREMENT.
PART II - FORMER OFFICERS AND DIRECTORS
EFFECTIVE 12/19/2018, RUTH HENNESSEY WAS TRANSFERRED TO GOOD SAMARITAN HOSPITAL MEDICAL CENTER, A RELATED ENTITY, TO SERVE AS PRESIDENT/CEO.

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

No itemized grants to organizations 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.

Provenance

Return type
form_990
Tax year
2023
Filed
11 November 2024
IRS schema version
2023v5.1
Source object
202443209349310229

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.