SVMC Holdings
Also known as St Vincent's Medical Center
SVMC Holdings reported $707.0 million in revenue and $740.6 million in expenses for the fiscal year ending September 30, 2025. Of every $100 it spent, $94.55 went to program services, $5.28 to management and general costs and $0.17 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 100.1% of the total. The highest compensation it reported for one person was $1,865,685 (Former President). 479 people received more than $100,000 in reportable compensation. Revenue rose 64% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending September 30, 2025 · Form 990, Part IX, line 25 · total expenses $741MFor context, the median across 5,634 covered health care charities: $86.19 programs, $13.81 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending September 30, 2025 · Form 990, Part VIII · total revenue $707M- Contributions & grants (non-government)$0.41 $2.9M
- Government grants$0.37 $2.6M
- Program service revenue$99.20 $707M
- Investment income$0.02 $148K
Other revenue was negative: −$6.1M. The bar shows the positive sources only.
The 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 94.5% | 85.6% |
| Management & general Part IX 25(C) ÷ 25(A) | 5.3% | 13.7% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.2% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.23 | $0.00 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 0.8% | 1.3% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.4% | 0.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 100.1% | 93.7% |
| Highest reported compensation Part VII-A, columns D–F | $1,865,685 | $975,831 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.25% | 1.34% |
| People paid over $100,000 Part VII, line 2 | 479 | 27 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 0.5 | 6.6 |
| Independent voting board members Part VI 1a–1b | 13 of 14 | 88.9% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseAs a member of Hartford HealthCare Corporation (HHC), Cardiology services at St Vincent Medical Center are provided through the Hartford HealthCare Heart and Vascular Institute. As a patient or family member, there are many reasons to choose the Hartford HealthCare Heart and Vascular Institute. Whether you enter our system through one of our board-certified cardiologists in an outpatient setting, in an emergency by way of LIFE STAR helicopter, or at one of our seven hospitals, including a tertiary care level teaching hospital, we provide the coordinated, evidence-based care that you need to…
The Connecticut Orthopedic Institute (COI) at St. Vincent's Medical Center proudly maintains an exceptional level of care and an outstanding patient experience. The Institute is staffed by some of the top orthopedic specialists in the region through a partnership with Connecticut Orthopedic Specialists and Comprehensive Orthopedics and Musculoskeletal Care. The surgeons, and their patients, also have access to the best-available robotics-assisted technology, Mako Robotic-Arm Assisted Surgery for knees and hips, and Mazor X Robotic Spine Surgery for the spine. The Mazor X Robotic Spine Surgery…
During FY25, Hartford HealthCare Cancer Institute expanded and refined community-focused cancer support services addressing priority community health needs identified through the Community Health Needs Assessment (CHNA), including behavioral health, social determinants of health, nutrition, financial toxicity, caregiver support, and access to specialty supportive care.In FY25, services reached thousands of patients through psychosocial counseling, social work navigation, nutrition care, financial counseling, and peer support programs. Expanded staffing and virtual modalities improved access…
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| Former President Former, 0.00 hrs/week | $0 | $1,836,321 | $29,364 | $1,865,685 |
| President/Director Director/trustee, officer, 60.00 hrs/week | $0 | $1,507,121 | $221,020 | $1,728,141 |
| VP (Thru 12/24) Key employee, 60.00 hrs/week | $0 | $637,037 | $75,503 | $712,540 |
| VP Key employee, 60.00 hrs/week | $534,820 | $0 | $36,283 | $571,103 |
| VP Officer, 60.00 hrs/week | $0 | $455,045 | $31,624 | $486,669 |
| VP Key employee, 60.00 hrs/week | $0 | $421,231 | $61,974 | $483,205 |
| VP Key employee, 60.00 hrs/week | $0 | $390,743 | $58,530 | $449,273 |
| VP Key employee, 60.00 hrs/week | $0 | $414,770 | $28,325 | $443,095 |
479 people received more than $100,000 in reportable compensation from SVMC Holdings (Part VII, line 2). Compensation of current officers, directors and key employees totaled $631K (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b14 · 13 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4Yes
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 53,106
- Volunteers Part I, line 6127
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| ShiftWise Inc (Formerly Origin Inc) Staffing Services | $11,470,274 |
| Morrison Management Sp Inc Acute Care Food Services | $5,962,593 |
| Shearwater Health Inc Staffing Services | $4,873,371 |
| Integrated Anesthesia Associates LLC Medical Services | $2,446,302 |
| Berstein-Magoon-Gay LLC Laundry Services | $2,025,635 |
Individuals listed as contractors are left out. 54 contractors were paid more than $100,000 in all.
Private foundation grants it received
2 private foundations reported grants to SVMC Holdings totaling $118K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from SVMC Holdings's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for SVMC Holdings, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 SVMC Holdings spent in FY2025, $94.55 went to programs. The full breakdown, from its IRS Form 990:
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- BayCare Medical GroupTampa, FL · revenue $705M · programs 87.1% · 2024
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All health care charities · Largest charities in Connecticut
Questions people ask
How much of SVMC Holdings's spending goes to programs?
In the fiscal year ending September 30, 2025, SVMC Holdings reported that 94.5% of its $740.6 million in expenses went to program services, 5.3% to management and general and 0.2% to fundraising (Form 990, Part IX).
How much does SVMC Holdings pay its top executive?
The largest total compensation SVMC Holdings reported for one person in the fiscal year ending September 30, 2025 was $1,865,685, for the role of Former President (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does SVMC Holdings get its money?
Of $707.0 million in revenue in the fiscal year ending September 30, 2025, 0.8% came from contributions and grants (including 0.4% from government grants) and 100.1% from program service revenue (Form 990, Part VIII).
Is SVMC Holdings a registered charity?
The IRS lists EIN 83-2550272 as a 501(c)(3) organization (hospital or medical research organization), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending September 30, 2025, object 202612249349301211 · read the filing
- FY2024: Form 990 for the fiscal year ending September 30, 2024, object 202532269349301683 · read the filing
- FY2023: Form 990 for the fiscal year ending September 30, 2023, object 202422279349302497 · read the filing
- FY2022: Form 990 for the fiscal year ending September 30, 2022, object 202312269349300841 · read the filing
- FY2021: Form 990 for the fiscal year ending September 30, 2021 (amended), object 202222659349300322 · read the filing
- FY2020: Form 990 for the fiscal year ending September 30, 2020, object 202132259349301953 · read the filing
All filings for EIN 83-2550272: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.