Norton Healthcare Inc

Organization Overview

Norton Healthcare Inc is located in Louisville, KY. The organization was established in 1984. According to its NTEE Classification (E21) the organization is classified as: Community Health Systems, under the broad grouping of Health Care and related organizations. As of 12/2021, Norton Healthcare Inc employed 2,994 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Norton Healthcare Inc 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, Norton Healthcare Inc generated $492.3m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 14.6% each year . All expenses for the organization totaled $431.0m during the year ending 12/2020. While expenses have increased by 9.8% 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.

Since 2014, Norton Healthcare Inc has awarded 584 individual grants totaling $26,126,190. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

NORTON HEALTHCARE'S PURPOSE IS TO PROVIDE QUALITY HEALTH CARE TO ALL THOSE WE SERVE, IN A MANNER THAT RESPONDS TO THE NEEDS OF OUR COMMUNITIES AND HONORS OUR FAITH HERITAGE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

NORTON HEALTHCARE INC. IS A NOT-FOR-PROFIT CORPORATION BASED IN LOUISVILLE, KENTUCKY. IN 2021, NORTON HEALTHCARE, THROUGH ITS AFFILIATE, NORTON HOSPITALS INC., HAD A TOTAL OF 1,907 LICENSED BEDS: NORTON AUDUBON HOSPITAL, 432 BEDS; NORTON BROWNSBORO HOSPITAL, 197 BEDS; NORTON CHILDREN'S HOSPITAL, 300 BEDS; NORTON HOSPITAL, 605 BEDS; AND NORTON WOMEN'S & CHILDREN'S HOSPITAL, 373 BEDS. THESE FIVE HOSPITALS OPERATE 24 HOURS A DAY, SEVEN DAYS A WEEK. (CONTINUED IN SCHEDULE O)


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Board, Officers & Key Employees

Name (title)Compensation
Name Not Listed
Trustee
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Firstsource Solutions Usa Llc
Patient Financial Services
$6,974,739
Doe-anderson Inc
Marketing
$3,707,130
Brooksource
Consulting
$5,589,018
The Csi Companies Inc
Consulting
$3,383,800
Vocera Communications Inc
Support For Clinical Alarms And Alert Systems
$3,312,035
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$1,756,733
Government grants $4,635
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$1,761,368
Total Program Service Revenue$420,130,148
Investment income $22,161,569
Tax Exempt Bond Proceeds $546,108
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $41,890,855
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $492,316,959

Grants Awarded

Over the last fiscal year, Norton Healthcare Inc has awarded $4,052,237 in support to 77 organizations.

Grant RecipientAmount

BELLARMINE UNIVERSITY

Org PageRecipient Profile

Louisville, KY

PURPOSE: Support Nursing, sports medicine, healthcare analytics and student health services

$2,055,097

JEFFERSON COUNTY PUBLIC SCHOOLS

PURPOSE: Program support to ensure that trainers and sports medicine experts are available in the county and support of baseline concussion testing.

$360,000

METRO UNITED WAY INC

Org PageRecipient Profile

Louisville, KY

PURPOSE: Support the United Community System by linking information and referrals between the health, education and social sectors more effectively and general support the engagement of community and volunteerism

$245,000

UNIVERSITY OF KENTUCKY

PURPOSE: Support University Pharmacy College general support School of Journalism

$200,600

LEADERSHIP LOUISVILLE CENTER

Org PageRecipient Profile

Louisville, KY

PURPOSE: Program support of leadership programming

$61,950

LIGHTER THAN AIR BALLOON ADVENTURE LLC

PURPOSE: Support to provide hot air balloon ride certificates to other not for profit organizations

$55,360
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 4 grants that Norton Healthcare Inc has recieved totaling $1,834,424.

Awarding OrganizationAmount
Childrens Hospital Foundation

Louisville, KY

PURPOSE: FUNDING OF CAPITAL PROJECTS, PROGRAMS AND SERVICES

$1,047,037
Norton Healthcare Foundation Inc

Louisville, KY

PURPOSE: FUNDING OF CAPITAL PROJECTS, PROGRAMS AND SERVICES

$763,259
Brandon S Bourbon

Chandler, AZ

PURPOSE: PROGRAM SUPPORT

$14,128
Leighton-Oare Foundation Inc

Niles, MI

PURPOSE: GENERAL

$10,000
View Grant Recipient Profile

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