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St Lukes Properties Corporation

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Health — General and Rehabilitative / Health Support Services (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$1.68M (2023)

Expenses
$8.26M (2023)

Total Assets
$214M (2023)

Total Liabilities
$170M (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending June
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,676,681
Expenses
$8,257,668
Net Income
-$6,580,987
Net Assets
$43,998,344
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $908,886
54.2%
Investment Income $743,746
44.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $24,049
1.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $213,550,222
Total Liabilities $169,551,878
Net Assets $43,998,344
Compensation
Key Employees and Officers Compensation Related Other
T Douglas Lawson Phd (Ceo Of Chi St. Luke's Health System) $0 $2,252,440 $209,833
Linda Kulhanek (Cfo Of Chi St. Luke's Health System) $0 $540,498 $33,078
David Hearne (Board Member) $0 $477,164 $41,636
Paul Arrington (Board Member) $0 $372,887 $46,914
Leonard Tallerine Jr (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,574,460
Expenses
$1,660,766
Net Income
-$86,306
Net Assets
$50,579,331
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $945,419
60.0%
Investment Income $629,041
40.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $59,054,504
Total Liabilities $8,475,173
Net Assets $50,579,331
Compensation
Key Employees and Officers Compensation Related Other
T Douglas Lawson Phd (Ceo Of Chi St. Luke's Health System) $0 $2,836,151 $204,434
Paul Edgett Iii (Former Treasurer) $0 $1,194,947 $12,300
Paul Arrington (Board Member) $0 $565,525 $52,081
David Hearne (Board Member) $0 $530,267 $41,859
Linda Kulhanek (Cfo Of Chi St. Luke's Health System) $0 $549,535 $13,072
Mark Teresi (Former Officer, Chi St. Luke's Health System) $0 $273,238 $8,263
Leonard Tallerine Jr (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,221,529
Expenses
$2,191,905
Net Income
$1,029,624
Net Assets
$50,665,637
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $890,764
27.7%
Investment Income $1,468,338
45.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $862,427
26.8%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $59,431,913
Total Liabilities $8,766,276
Net Assets $50,665,637
Compensation
Key Employees and Officers Compensation Related Other
Paul Edgett Iii (Former Treasurer) $0 $4,422,569 $49,692
T Douglas Lawson Phd (Ceo Of Chi St. Luke's Health System) $0 $2,116,319 $203,814
Mark Mcginnis (Former Bd Member/Cfo Of Chi St. Luke's Health Syst) $0 $1,100,595 $14,167
Mark Teresi (Former Cfo Of Chi St. Luke's Health System) $0 $625,246 $0
Paul Arrington (Board Member) $0 $535,390 $40,793
David Hearne (Board Member) $0 $471,431 $39,703
Michael Covert (Former Ceo Of Chi St. Luke's Health System) $0 $156,553 $0
Leonard Tallerine Jr (Board Member) $0 $0 $0
Linda Kulhanek (Cfo Of Chi St. Luke's Health System) $0 $0 $0

Document Links

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,145,987
Expenses
$2,467,164
Net Income
$678,823
Net Assets
$47,251,165
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $932,017
29.6%
Investment Income $804,107
25.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $1,405,252
44.7%
Net Inventory Sales $0
Other Revenue $4,611
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $52,424,026
Total Liabilities $5,172,861
Net Assets $47,251,165
Compensation
Key Employees and Officers Compensation Related Other
T Douglas Lawson Phd (Ceo Of Chi St. Luke's Health System) $0 $1,536,576 $212,997
Paul Edgett Iii (Former Treasurer) $0 $1,631,607 $47,118
Michael Covert (Former Ceo Of Chi St. Luke's Health System) $0 $1,154,658 $11,974
Mark Mcginnis (Former Bd Member/Cfo Of Chi St. Luke's Health Syst) $0 $596,982 $99,540
Susan Bailey Newell (Board Member (Partial Year)) $0 $385,787 $33,037
David Hearne (Board Member) $0 $369,135 $37,629
Paul Arrington (Board Member) $0 $111,419 $5,135
Mark Teresi (Cfo Of Chi St. Luke's Health System) $0 $49,232 $0
Leonard Tallerine Jr (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$12,991,563
Expenses
$4,355,514
Net Income
$8,636,049
Net Assets
$46,607,130
Notable Sources of Revenue Percent of Total Revenue
Contributions $796
0.0%
Program Services $665,779
5.1%
Investment Income $998,389
7.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $11,290,824
86.9%
Net Inventory Sales $0
Other Revenue $35,775
0.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $47,355,422
Total Liabilities $748,292
Net Assets $46,607,130
Compensation
Key Employees and Officers Compensation Related Other
Mark Mcginnis (Bd Member/Cfo Of Chi St. Luke's Health System) $0 $757,960 $70,777
Susan Bailey Newell (Board Member) $0 $424,728 $45,705
Leonard C Tallerine Jr (Board Member) $0 $0 $0
T Douglas Lawson Phd (Ceo Of Chi St. Luke's Health System) $0 $1,355,710 $146,269
Jenny Barnett Sarpalius (Former Cfo Of Chi St. Luke's Health System) $0 $550,000 $0
Paul Edgett Iii (Former Treasurer) $0 $1,322,094 $43,304
Michael Covert (Former Ceo Of Chi St. Luke's Health System) $0 $1,280,995 $18,328

Document Links

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,182,435
Expenses
$3,403,726
Net Income
-$1,221,291
Net Assets
$37,971,081
Notable Sources of Revenue Percent of Total Revenue
Contributions $923
0.0%
Program Services $464,152
21.3%
Investment Income $564,047
25.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $730,692
33.5%
Net Inventory Sales $0
Other Revenue $422,621
19.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $57,656,529
Total Liabilities $19,685,448
Net Assets $37,971,081
Compensation
Key Employees and Officers Compensation Related Other
Michael Covert (Bd Member/Ceo Of Chi St. Luke's Health System (Partial)) $0 $2,147,178 $42,502
T Douglas Lawson (Ceo Of Chi St. Luke's Health System) $0 $0 $0
Mark Mcginnis (Bd Member/Cfo Of Chi St. Luke's Health System) $0 $591,619 $42,107
Susan Bailey Newell (Board Member) $0 $365,311 $43,651
Michael Mcbride (Market President/Bd Member (Partial)) $0 $690,608 $93,521
Leonard C Tallerine Jr (Board Member) $0 $0 $0
Jenny Barnett Sarpalius (Cfo Of Chi St. Luke's Health System (Partial)) $0 $760,457 $27,828
Paul Edgett Iii (Treasurer) $0 $1,651,960 $41,570
David J Fine (Former Chair, Pres, Ceo & Director) $0 $702,516 $22,327
David Gruener (Former Director & Secretary) $0 $404,800 $0

Document Links

Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,675,973
Expenses
$3,203,935
Net Income
-$1,527,962
Net Assets
$39,192,372
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,281,344
76.5%
Investment Income $334,693
20.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $59,926
3.6%
Net Inventory Sales $0
Other Revenue $10
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $52,338,280
Total Liabilities $13,145,908
Net Assets $39,192,372
Compensation
Key Employees and Officers Compensation Related Other
Michael Covert (Bd Member/Ceo Of Chi St. Luke's Health System) $0 $2,020,681 $28,510
David Gruener (Director & Secretary Partial Year) $0 $454,839 $31,349
Susan Bailey Newell (Board Member) $0 $440,670 $31,505
Michael Mcbride (Market President/Bd Member) $0 $682,756 $114,157
Leonard C Tallerine Jr (Board Member) $0 $24,231 $0
Jenny Barnett Sarpalius (Cfo Of Chi St. Luke's Health System) $0 $741,119 $69,862
Paul Edgett Iii (Ceo/Treasurer) $0 $1,315,392 $33,352
David A Springhetti (Former Director & Secretary) $0 $257,061 $0
David J Fine (Former Chair, Pres, Ceo & Director) $0 $807,858 $27,383
Stephen Pickett (Former Vice Pres, Treas, & Director) $0 $340,410 $0

Document Links

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,559,306
Expenses
$4,458,058
Net Income
$5,101,248
Net Assets
$40,720,333
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $4,457,076
46.6%
Investment Income $329,071
3.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $4,771,804
49.9%
Net Inventory Sales $0
Other Revenue $1,355
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $53,886,276
Total Liabilities $13,165,943
Net Assets $40,720,333
Compensation
Key Employees and Officers Compensation Related Other
David Gruener (Director & Secretary) $0 $575,405 $47,098
Michael Covert (Director / Ceo Of Chi St. Luke's Health System) $0 $1,623,949 $73,828
Leonard Tallerine Jr (Director) $0 $0 $0
Susan Bailey Newell (Director) $0 $489,175 $38,016
Paul Edgett Iii (Ceo/Treasurer) $0 $1,294,484 $50,743
Jenny Barnett Sarpalius (Cfo Of Chi St. Luke's Health System) $0 $0 $3,796
David A Springhetti (Former Director & Secretary) $0 $372,226 $11,309
David J Fine (Former Chair, Pres, Ceo & Director) $0 $7,115,033 $56,383
Stephen Pickett (Former Vice Pres, Treas, & Director) $0 $659,904 $0
David Koontz (Former Secretary And Director) $0 $183,185 $0

Document Links

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,846,159
Expenses
$4,713,866
Net Income
$132,293
Net Assets
$35,725,727
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $4,511,890
93.1%
Investment Income $333,356
6.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $913
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $240,284
5.1%
Assets/Debt
Total Assets $55,455,771
Total Liabilities $19,730,044
Net Assets $35,725,727
Compensation
Key Employees and Officers Compensation Related Other
David A Springhetti (Director & Secretary) $0 $408,978 $10,953
Leonard Tallerine Jr (Director & Chair) $0 $0 $0
Kevin Lofton Fache (Director) $0 $4,042,825 $46,442
Paul Edgett Iii (Ceo/Treas) $0 $1,040,953 $54,427
David J Fine (Chair, Pres, Ceo & Director) $0 $3,380,710 $45,108
Stephen Pickett (Vice Pres, Treas, & Director) $0 $1,068,559 $12,296
David Koontz (Secretary And Director) $0 $1,045,216 $13,964

Document Links

Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$458,158
Expenses
$501,872
Net Income
-$43,714
Net Assets
$35,593,434
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $159,901
34.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $551,032
> 100%
Net Fundraising $0
Sales of Assets -$253,494
Net Inventory Sales $0
Other Revenue $719
0.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $55,747,549
Total Liabilities $20,154,115
Net Assets $35,593,434

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,488,639
Expenses
$1,043,195
Net Income
$2,445,444
Net Assets
$35,182,668
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $319,171
9.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $2,165,857
62.1%
Net Fundraising $0
Sales of Assets $457,550
13.1%
Net Inventory Sales $0
Other Revenue $546,061
15.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $56,387,427
Total Liabilities $21,204,759
Net Assets $35,182,668
Compensation
Key Employees and Officers Compensation Related Other
David J Fine (Chair, Pres, Ceo & Director) $0 $3,891,156 $185,597
David Koontz (Secretary And Director) $0 $642,203 $67,022
Stephen Pickett (Vice Pres, Treas, & Director) $0 $3,116,059 $92,061
Stewart G Scott Jr (Director) $0 $288,500 $32,555
Brian E Doyle (Assistant Treasurer) $0 $325,124 $31,316

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$16,050,179
Expenses
$1,632,146
Net Income
$14,418,033
Net Assets
$70,459,094
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income -$30,776
Bond Proceeds $0
Royalties $0
Rental Property Income $5,290,970
33.0%
Net Fundraising $0
Sales of Assets $10,169,042
63.4%
Net Inventory Sales $0
Other Revenue $620,943
3.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $71,506,847
Total Liabilities $1,047,753
Net Assets $70,459,094

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$8,222,653
Expenses
$1,175,819
Net Income
$7,046,834
Net Assets
$93,955,916
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income -$172,683
Bond Proceeds $0
Royalties $0
Rental Property Income $7,133,543
86.8%
Net Fundraising $0
Sales of Assets $721,828
8.8%
Net Inventory Sales $0
Other Revenue $539,965
6.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $140,936,933
Total Liabilities $46,981,017
Net Assets $93,955,916

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2001

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

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Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

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For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
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  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
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