Ephraim Mcdowell Regional Medical Center Incorporated
- Assets
- $314.7m
- Revenue
- $242.8m
- Investments
- $0.0
- Employees
- 1,205
- Location
- Danville, KY
- Founding
- 03/1972
- Data as of
- 09/2021
- EIN
- 61-0492356
Organization Overview
Ephraim Mcdowell Regional Medical Center Incorporated is located in Danville, KY. The organization was established in 1972. 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 09/2021, Ephraim Mcdowell Regional Medical Center Incorporated employed 1,205 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ephraim Mcdowell Regional Medical Center Incorporated 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 09/2021, Ephraim Mcdowell Regional Medical Center Incorporated generated $242.8m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.1% each year. All expenses for the organization totaled $215.5m during the year ending 09/2021. While expenses have increased by 5.7% 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.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION'S PRIMARY MISSION IS TO BE THE LEADING PROVIDER OF QUALITY HEALTH CARE SERVICES IN THE CENTRAL KENTUCKY COMMUNITIES WE SERVE.
Describe the Organization's Program Activity:
EPHRAIM MCDOWELL REGIONAL MEDICAL CENTER IS A LEADING HEALTH CARE PROVIDER IN KENTUCKY. CARRYING ON THE INNOVATIVE AND TRANSFORMATIONAL CARE EMBODIED BY OUR NAMESAKE, DR. EPHRAIM MCDOWELL, THE REGIONAL MEDICAL CENTER HAS BEEN NAMED AS ONE OF THE 100 GREATEST COMMUNITY HOSPITALS IN AMERICA. SEE SCHEDULE O FOR ADDITIONAL INFORMATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joan Haltom Pharmacy Director | 40 | $227,410 | |
Libby Mayes Executive Director Of Hr | Officer | 40 | $191,208 |
Cristina Cooley Pharmacist | 40 | $166,641 | |
Gary Neat Chief Information Officer | Officer | 40 | $164,546 |
Michelle Fraley Pharmacist | 40 | $161,537 | |
Sarah Vickey Pharmacist | 40 | $158,495 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
In Compass Health Inc Physician Services | 9/29/21 | $2,190,130 |
Central Kentucky Surgeons Physican Services | 9/29/21 | $3,587,505 |
Kentucky Blood Center Blood Services | 9/29/21 | $901,669 |
Lexar Laboratories Analysis Lab Service | 9/29/21 | $2,121,556 |
Qualivis Temp Agency | 9/29/21 | $4,483,581 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $35,209 |
| Government grants | $22,698,049 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $22,733,258 |
| Total Program Service Revenue | $218,719,683 |
| Investment income | $37,765 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $613,528 |
| Net Gain/Loss on Asset Sales | $40,817 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $242,763,076 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $624,234 |
| Compensation of current officers, directors, key employees. | $624,234 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $72,138,051 |
| Pension plan accruals and contributions | $3,384,779 |
| Other employee benefits | $11,134,427 |
| Payroll taxes | $1,458,535 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $36,562 |
| Fees for services: Lobbying | $5,829 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $33,526,220 |
| Advertising and promotion | $21,641 |
| Office expenses | $6,292,252 |
| Information technology | $3,000,758 |
| Royalties | $0 |
| Occupancy | $2,921,285 |
| Travel | $33,225 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $133,626 |
| Interest | $900,240 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $8,293,370 |
| Insurance | $755,120 |
| All other expenses | $1,790,914 |
| Total functional expenses | $215,535,375 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $49,156 |
| Savings and temporary cash investments | $147,673 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $27,086,673 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $9,365,513 |
| Prepaid expenses and deferred charges | $2,480,514 |
| Net Land, buildings, and equipment | $52,854,062 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $1,340,535 |
| Intangible assets | $0 |
| Other assets | $221,391,648 |
| Total assets | $314,715,774 |
| Accounts payable and accrued expenses | $17,318,594 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $11,944,785 |
| Total liabilities | $29,263,379 |
| Net assets without donor restrictions | $285,437,605 |
| Net assets with donor restrictions | $14,790 |
| 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 | $314,715,774 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Ephraim Mcdowell Regional Medical Center Incorporated has recieved totaling $35,209.
| Awarding Organization | Amount |
|---|---|
Ephraim Mcdowell Health Care Foundation Inc Danville, KY PURPOSE: MEDICAL EQUIP/PRGM SUPP | $35,209 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
St Lukes Hospital Of Kansas City Kansas City, MO | $1,771,100,748 | $1,070,641,998 |
Saint Thomas West Hospital St Louis, MO | $949,679,305 | $1,081,181,844 |
Mercy Hospital Springfield Springfield, MO | $547,925,906 | $1,115,699,805 |
Deaconess Hospital Inc Evansville, IN | $1,921,220,397 | $1,102,144,618 |
Ascension St John Hospital St Louis, MO | $469,518,860 | $965,978,781 |
Advocate North Side Health Network Downers Grove, IL | $946,824,836 | $901,672,521 |
Kettering College Miamisburg, OH | $1,728,903,615 | $1,055,020,178 |
The Carle Foundation Hospital Urbana, IL | $465,988,906 | $1,085,020,210 |
Ssm Healthcare Of Oklahoma Inc St Louis, MO | $640,999,933 | $906,998,301 |
Saint Joseph Health System Inc Lexington, KY | $961,743,109 | $864,115,504 |
Mary Washington Healthcare Fredericksburg, VA | $593,675,918 | $863,388,863 |
Uofl Health-Louisville Inc Louisville, KY | $577,142,236 | $950,019,808 |