Norton - Kings Daughters Health Inc

Organization Overview

Norton - Kings Daughters Health Inc, operating under the name King's Daughters' Health, is located in Madison, IN. The organization was established in 1941. 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 12/2021, King's Daughters' Health employed 1,102 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. King's Daughters' Health is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2020, King's Daughters' Health generated $141.3m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.6% each year. All expenses for the organization totaled $123.0m during the year ending 12/2020. While expenses have increased by 0.2% per year over the past 6 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

TO IMPROVE THE HEALTH OF THE HOSPITAL'S PATIENTS THROUGH CARE, SERVICE, AND EDUCATION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

NORTON - KING'S DAUGHTERS' HEALTH, INC. IS A NOT-FOR-PROFIT, ACUTE CARE HOSPITAL LOCATED IN MADISON, INDIANA. THE HOSPITAL IS ORGANIZED FOR THE PURPOSE OF PROVIDING HEALTHCARE SERVICES TO THE RESIDENTS OF JEFFERSON COUNTY AND THE SURROUNDING AREA.DURING THE CALENDAR YEAR 2021, THE HOSPITAL PROVIDED HEALTHCARE TO PATIENTS AT THE FOLLOWING LEVELS:10,786 DAYS OF CARE TO ACUTE INPATIENTS997 DAYS OF CARE TO NEWBORN INFANTS210,482 ASSOCIATED WITH HOSPITAL OUTPATIENTS131,028 VISITS ASSOCIATED WITH PHYSICIAN CLINICS


THE HOSPITAL'S PRIMARY SOURCES OF SUPPORT ARE FROM PATIENT REVENUES. PATIENT REVENUES INCLUDE FUNDS RECEIVED FROM MEDICARE, STATE AGENCIES, INSURANCE COMPANIES, AND THE PATIENTS THEMSELVES. IN 2021, KING'S DAUGHTERS' HEALTH PROVIDED SERVICES TOTALING $1,742,749 IN GROSS CHARGES TO PATIENTS WHO MET THE HOSPITAL'S CHARITY CARE POLICY.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Arup Laboratories
Laboratory Services
$1,092,111
Kaufman Hall & Associates
Financial Consulting Services
$1,055,719
Emcare Inc
Contracted Physician & Mid Level Provide
$975,865
Weatherby Locums Inc
Contracted Physician & Mid Level Provide
$799,479
Hall Render Killian Heath & Lyman P
Legal Services
$768,338
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$13,788,547
Investment income $3,419,259
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $31,024
Net Gain/Loss on Asset Sales $4,330,566
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $141,257,726

Grants Awarded

Over the last fiscal year, Norton - Kings Daughters Health Inc has awarded $16,386 in support to 2 organizations.

Grant RecipientAmount

IHA HOSPITAL ASSISTANCE FOUNDATION

Org PageRecipient Profile

Indianapolis, IN

PURPOSE: DONATION

$11,386

COMMUNITY FOUNDATION OF MADISON AND JEFFERSON COUNTY INC

Org PageRecipient Profile

Madison, IN

PURPOSE: DONATION

$5,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Norton - Kings Daughters Health Inc has recieved totaling $199,072.

Awarding OrganizationAmount
$199,072
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$20,555
Net Contributions$3,656
Other Expense$3,524
Ending Balance$20,687

Peer Organizations

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