Kettering Medical Center
- Assets
- $1.5b
- Revenue
- $946.9m
- Investments
- $0.0
- Employees
- 11,153
- Location
- Miamisburg, OH
- Founding
- 04/1947
- Data as of
- 12/2019
- EIN
- 31-0621866
Organization Overview
Kettering Medical Center is located in Miamisburg, OH. The organization was established in 1947. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. As of 12/2019, Kettering Medical Center employed 11,153 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes.
For the year ending 12/2019, Kettering Medical Center generated $946.9m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 5.0% each year. All expenses for the organization totaled $824.2m during the year ending 12/2019. While expenses have increased by 5.3% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2019
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE QUALITY HEALTHCARE TO INDIVIDUALS AND THE COMMUNITY AS A WHOLE IN A JUDEO-CHRISTIAN MANNER
Describe the Organization's Program Activity:
Part 3 - Line 4a
KETTERING MEMORIAL HOSPITAL, TROY HOSPITAL, SYCAMORE HOSPITAL, KETTERING BEHAVIORAL MEDICINE CENTER, AND OTHER PATIENT CARE RELATED SERVICES PROVIDED CARE FOR 32,724 DISCHARGES, ADULT & PED DAYS OF 142,199, AND 483,626 OUTPATIENT VISITS.
KETTERING COLLEGE PROVIDED HEALTH EDUCATIONAL PROGRAMS FOR 1,180 STUDENTS INCLUDING 280 GRADUATING.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Macomber Michael D Director Of Legal Services | 40 | $227,336 | |
Sackett Walter President - Sycamore Hospital Until 3/2019; Presid | OfficerTrustee | 46 | $0 |
Burns Terry Exec Vp-Khn & President-Kmc 3/2019; COO Khn Begin | OfficerTrustee | 1 | $0 |
Sisson Dennette VP Patient Care - Kmc Until 7/2019 | Officer | 48 | $0 |
O'neal Stephen Asst Cno Sycamore Until 10/2019; Cno Kmcs Begin 10 | Officer | 48 | $0 |
Davis Brent VP Finance & Operations - Kmcs Until 12/2019 | Officer | 48 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Teamhealth Inc Healthcare Services | 12/30/19 | $3,882,724 |
Kettering Anesthesia Associates Inc Healthcare Services | 12/30/19 | $7,615,499 |
Dayton Center For Neurological Disorders Healthcare Services | 12/30/19 | $4,038,587 |
Southview Orthopedic Center Management Healthcare Services | 12/30/19 | $20,167,177 |
South Dayton Acute Care Consultants Healthcare Services | 12/30/19 | $10,868,679 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $3,012,177 |
| Government grants | $35,712 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,048,889 |
| Total Program Service Revenue | $903,296,312 |
| Investment income | $23,471,469 |
| Tax Exempt Bond Proceeds | $93,442 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $16,952,456 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $946,867,588 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $314,595 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $13,992,355 |
| Compensation of current officers, directors, key employees. | $3,337,202 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $252,266,105 |
| Pension plan accruals and contributions | $7,723,363 |
| Other employee benefits | $40,101,823 |
| Payroll taxes | $18,145,967 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $42,314 |
| Fees for services: Accounting | $12,970 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $2,136,246 |
| Fees for services: Other | $41,124,234 |
| Advertising and promotion | $108,840 |
| Office expenses | $8,666,904 |
| Information technology | $1,917,158 |
| Royalties | $0 |
| Occupancy | $11,809,048 |
| Travel | $854,687 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $456,849 |
| Interest | $12,131,588 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $37,964,556 |
| Insurance | $2,712,362 |
| All other expenses | $8,333,614 |
| Total functional expenses | $824,230,070 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,821,112 |
| Savings and temporary cash investments | $1,049,251 |
| Pledges and grants receivable | $76,468 |
| Accounts receivable, net | $108,544,556 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $793,913 |
| Inventories for sale or use | $14,051,649 |
| Prepaid expenses and deferred charges | $3,049,931 |
| Net Land, buildings, and equipment | $436,133,801 |
| Investments—publicly traded securities | $913,174,516 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $3,700,000 |
| Other assets | $43,228,374 |
| Total assets | $1,528,623,571 |
| Accounts payable and accrued expenses | $59,879,556 |
| Grants payable | $0 |
| Deferred revenue | $263,896 |
| Tax-exempt bond liabilities | $503,566,920 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $3,600,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $93,201,391 |
| Total liabilities | $660,511,763 |
| Net assets without donor restrictions | $868,111,808 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,528,623,571 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Kettering Medical Center has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Parkinsons Support And Wellness Cincinnati, OH PURPOSE: PROGRAM SUPPORT | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Miami Valley Hospital Dayton, OH | $1,540,725,759 | $1,204,039,189 |
Edward W Sparrow Hospital Association Lansing, MI | $1,474,682,154 | $1,000,419,453 |
Reading Hospital Reading, PA | $1,183,713,752 | $1,035,019,113 |
Bronson Methodist Hospital Kalamazoo, MI | $1,118,333,750 | $952,779,226 |
St Lukes Hospital Allentown, PA | $2,817,061,751 | $982,677,854 |
Abington Memorial Hospital Philadelphia, PA | $957,526,497 | $866,047,638 |
Presbyterian Medical Center Of The University Of Pennsylvania Health Philadelphia, PA | $812,689,177 | $973,479,342 |
Deaconess Hospital Inc Evansville, IN | $1,654,034,103 | $1,047,627,616 |
Kettering Medical Center Miamisburg, OH | $1,528,623,571 | $946,867,588 |
Saint Joseph Health System Inc Lexington, KY | $972,577,044 | $844,837,722 |
Tower Health Reading, PA | $1,916,208,118 | $534,049,241 |
Covenant Medical Center Inc Saginaw, MI | $897,582,436 | $702,795,000 |