Anchorum St Vincent FY2024 filing

Tax-deductible

Santa Fe, NM501(c)(3)Since 2007Health CareEIN 26-1592592Revenue $370.4M in FY2024

On file with the IRSanchorum.org309 Read St, 87501-2628 · Santa Fe, NMTax-exempt since Mar 2009Supporting organization — 509(a)(3)

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Anchorum St. Vincent, a supporting organization to Anchorum health foundation, exists to provide financial and strategic support to ensure residents of northern new mexico have access to quality health care and wellness services. Anchorum St. Vincent invests in other local nonprofit programs that benefit the health and wellness of our community.

501(c)(3) charity; gifts are tax-deductible.
100¢ of each $1 spent went to programs.
$637K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 6
filings with a surplus
Average deficit $18.6M a year · 25% of revenue · last 6 filings
Worth a look: a surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$637K
to officers and key staff · 0.1% of spending
Looks good: pay to officers and key staff is 0% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
<1 mo
of spending, in cash
Concern: 0.1 months of spending in cash; under 2 weeks.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$435.2M
102% of total assets
Concern: liabilities are 102% of assets; over 80%.
Pt X · Ln 26
Independent board members
4
of 5 voting members
Looks good: 4 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$370.4M
×37 vs prior year
Spent
$498.3M
To programs
100%
Net assets
−$9.0M
By yearFY2020–FY2025
Revenue
$370.4M
FY2024▲ ×37
Tap a bar for its year
Revenue by fiscal year
FY2020$10.8M
FY2021$13.1M
FY2022$12.6M
FY2023$9.9M
FY2024$370.4M
FY2025$24.3M
Expenses
$498.3M
FY2024▲ ×39
Tap a bar for its year
Expenses by fiscal year
FY2020$11.4M
FY2021$10.8M
FY2022$11.9M
FY2023$12.9M
FY2024$498.3M
FY2025$7.2M
Net assets
−$9.0M
FY2024▼ -107%
Tap a bar for its year
Net assets by fiscal year
FY2020$114.2M
FY2021$129.2M
FY2022$122.0M
FY2023$121.1M
FY2024−$9.0M
FY2025$4.1M

From the FY2024 Form 990 (year ending June 2024) · figures checked against the IRS filing · see the original

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You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Mar 2009.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $496.8M Management & general 0% · $1.5M

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

8 people listed on the 990; $637K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
President and CEO
$313,704Pt VII · Sec A
Executive Assistant (thru 10/13/23)
$173,490Pt VII · Sec A
Chief Financial Officer
$149,347Pt VII · Sec A
Chair (thru 8/31/2023)
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Jerry Jones CPA’s $314K as President and CEO is at the 49th percentile of top reported officer pay among 2902 $10–100M health care nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 7 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Peter Bastone—$639,000$567,265$572,545$566,396
Jerry Jones CPA$313,704$456,839$372,563$299,311$295,000
Joohee Rand—$121,325$220,316$177,845—
Lisa Estrada$173,490————
Jennifer Crysler Corp Treas—$153,064$142,430——
Jennifer Crysler Corp Treas CPA$149,347————
Jennifer Crysler———$141,115—

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Anchorum St Vincent executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Provides financial and strategic support to local nonprofits and foundations to improve healthcare access and community wellness in northern New Mexico.

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Provided by the organization

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3 programs · $495.8M · in their own filed words · FY2023
01

Anchorum ST. Vincent updated its bylaws to change its supported organization from christus ST. Vincent regional medical center to anchorum health foundation, which is now its parent organization.

$487.6Mprogram expense
02

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, a nonprofit community hospital. Christus ST. Vincent serves the community of santa fe as well as much of northern new mexico.

$4.4Mprogram expense
03

Anchorum ST. Vincent provided direct grants to organizations in santa fe and northern new mexico. Anchorum ST. Vincent made grants to these schools and nonprofits based on a written grant application where organizations demonstrated program needs and community benefits in four major areas: educational attainment, adult behavioral health…

$3.8Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking
Grants paid · 243 grants · $70.0M · 2019–2024
Anchorum Health FoundationNM · FY2024$1,300,000
Anchorum Health FoundationNM · FY2023$50,550,000
Santa Fe Recovery Center INCNM · FY2023$356,347
Santa Fe Community FoundationNM · FY2023$350,000
Homewise INCNM · FY2023$250,000
Growing Up New Mexico INCNM · FY2023$221,079
Think New MexicoNM · FY2023$150,000
Sky CenterNM · FY2023$125,234
Groundworks New MexicoNM · FY2023$100,000
501(c)paNM · FY2023$100,000
Interfaith Community Shelter GroupFY2023$56,924
See all 243 grants →

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$370.4M
Ln 12
Fees for servicesLn 2g$365.2M
Investment incomeLn 3$5.2M
Money outPt IX
$498.3M
Ln 25
Programscol B$496.8M
Managementcol C$1.5M
Owns and owesPt X
−$9.0M
net assets · Ln 32
Cash and savingsLn 1–2$4.7M
Total assetsLn 16$426.2M
LiabilitiesLn 26$435.2M
PeoplePt VI, VII
8
listed · VII A
PaidVII A3
Voting boardVI 1a5
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$365.2M
Investment incomeLn 3$5.2M
Gains on assetsLn 7$3.3M
Total revenueLn 12$370.4M
Assets in detailPt X, end of year
CashLn 1$3.8M
SavingsLn 2$847K
Cash and savings togetherLn 1–2$4.7M
InvestmentsLn 11–13$55.0M
Land, buildings, equipmentLn 10c$36.0M
Other assetsLn 15$872K
Total assetsLn 16$426.2M
LiabilitiesLn 26$435.2M
Net assetsLn 32−$9.0M
OperationsPt I, VI
EmployeesI 50
VolunteersI 64
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$1.6M$4.7M
InvestmentsLn 11–13$91.7M$55.0M
Land, buildings, equipmentLn 10c$36.9M$36.0M
Total assetsLn 16$143.7M$426.2M
LiabilitiesLn 26$22.6M$435.2M
Net assetsLn 32$121.1M−$9.0M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$491.2M$491.2M
Pay of current officers, directors and key staffLn 5$224K$129K$95K
Other salaries and wagesLn 7$597K$346K$251K
Pension plan contributionsLn 8$24K$14K$10K
Other employee benefitsLn 9$58K$34K$25K
Payroll taxesLn 10$63K$37K$26K
Management feesLn 11a$150K$150K
Legal feesLn 11b$238K$238K
Accounting feesLn 11c$92K$92K
Investment management feesLn 11f$274K$274K
Other fees for servicesLn 11g$637K$552K$85K
Advertising and promotionLn 12$105K$95K$10K
Office expensesLn 13$26K$26K
Information technologyLn 14$43K$26K$18K
OccupancyLn 16$1.9M$1.8M$121K
TravelLn 17$44K$44K
Conferences, conventions and meetingsLn 19$3K$3K
InterestLn 20$718K$718K
Depreciation, depletion and amortizationLn 22$1.8M$1.7M$113K
InsuranceLn 23$37K$37K
Other expenses (24a–d)Ln 24$41K$17K$24K
All other expensesLn 24e$51K$51K
Total functional expensesLn 25$498.3M$496.8M$1.5M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $24.3M$7.2M$17.1M$4.1M 990 PDF
FY2024 Viewing $370.4M$498.3M−$128.0M−$9.0M 990 PDF
FY2023 $9.9M$12.9M−$2.9M$121.1M 990 PDF
FY2022 $12.6M$11.9M$664K$122.0M 990 PDF
FY2021 $13.1M$10.8M$2.3M$129.2M 990 PDF
FY2020 $10.8M$11.4M−$617K$114.2M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (6 parts)
Part I · Summary $370,381,027 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $249$0
I-9 Program service revenuePrior year $6,377,986$365,224,453
I-10 Investment incomePrior year $3,558,181$5,156,574
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $9,936,416$370,381,027
I-13 Grants and similar amounts paidPrior year $4,797,500$491,202,569
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $1,460,256$966,313
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $6,613,783$6,165,069
I-18 Total expensesPrior year $12,871,539$498,333,951
I-19 Revenue less expensesPrior year −$2,935,123−$127,952,924
Part VI · Governance 4 of 5 board members independent, no flags
VI-1a Voting members of the governing body5
VI-1b Independent voting members4
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $370,381,027 across 4 lines filed
Lines not itemized here account for $478,526 of total revenue; see the IRS return.
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $364,745,927$364,745,927
VIII-3 Investment incomeRelated to mission $1,826,836$1,826,836
VIII-7 Net gain or loss on sales of assetsRelated to mission $3,329,738$3,329,738
VIII-12 Total revenueRelated to mission $370,381,027 · Unrelated business $0 · Excluded from tax $0$370,381,027
Part IX · Statement of functional expenses $498,333,951 across 22 lines filed
IX-1 Grants to domestic organizationsPrograms $491,202,569$491,202,569
IX-5 Pay of current officers, directors and key staffPrograms $129,121 · Management $94,903$224,024
IX-7 Other salaries and wagesPrograms $346,030 · Management $250,573$596,603
IX-8 Pension plan contributionsPrograms $14,110 · Management $10,217$24,327
IX-9 Other employee benefitsPrograms $33,878 · Management $24,533$58,411
IX-10 Payroll taxesPrograms $37,139 · Management $25,809$62,948
IX-11a Management feesPrograms $149,998$149,998
IX-11b Legal feesManagement $237,604$237,604
IX-11c Accounting feesManagement $92,286$92,286
IX-11f Investment management feesManagement $273,584$273,584
IX-11g Other fees for servicesPrograms $551,715 · Management $85,052$636,767
IX-12 Advertising and promotionPrograms $95,000 · Management $9,604$104,604
IX-13 Office expensesManagement $25,668$25,668
IX-14 Information technologyPrograms $25,620 · Management $17,804$43,424
IX-16 OccupancyPrograms $1,793,552 · Management $121,361$1,914,913
IX-17 TravelManagement $44,402$44,402
IX-19 Conferences, conventions and meetingsManagement $3,294$3,294
IX-20 InterestPrograms $717,815$717,815
IX-22 Depreciation, depletion and amortizationPrograms $1,678,854 · Management $112,685$1,791,539
IX-23 InsuranceManagement $37,041$37,041
IX-24 Other expenses (24a–d)Programs $16,852 · Management $24,371$41,223
IX-24e All other expensesManagement $50,907$50,907
IX-25 Total functional expensesPrograms $496,792,253 · Management $1,541,698 · Fundraising $0$498,333,951
Part X · Balance sheet $426,182,307 assets, 18 lines filed
Asset lines not itemized here account for $328,565,154; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $688,895$3,816,168
X-2 Savings and temporary cash investmentsStart of year $912,455$846,710
X-4 Accounts receivableStart of year $1,029,734$1,056,922
X-9 Prepaid expenses and deferred chargesStart of year $89,108$11,705
X-10c Land, buildings and equipment, netStart of year $36,879,682$36,003,183
X-11 Publicly traded securitiesStart of year $42,917,489$25,541,686
X-12 Other securitiesStart of year $48,783,590$29,465,957
X-14 Intangible assetsStart of year $3,303$2,663
X-15 Other assetsStart of year $443,623$872,159
X-16 Total assetsStart of year $143,652,615$426,182,307
X-17 Accounts payable and accrued expensesStart of year $935,984$677,906
X-18 Grants payable$403,163,306
X-19 Deferred revenueStart of year $3,876,499$2,558,014
X-25 Other liabilitiesStart of year $18,658$12,556,426
X-26 Total liabilitiesStart of year $22,588,559$435,203,833
X-27 Net assets without donor restrictionsStart of year $121,064,056−$9,021,526
X-32 Total net assets or fund balancesStart of year $121,064,056−$9,021,526
X-33 Total liabilities and net assetsStart of year $143,652,615$426,182,307
Part XI · Reconciliation of net assets −$9,021,526 net assets at year end
XI-1 Total revenue$370,381,027
XI-2 Total expenses$498,333,951
XI-3 Revenue less expenses−$127,952,924
XI-4 Net assets at start of year$121,064,056
XI-5 Net unrealized gains (losses) on investments−$2,557,658
XI-9 Other changes in net assets$425,000
XI-10 Net assets at end of year−$9,021,526

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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