Commonwealth Health Corporation Inc
84% goes to programs $0 to raise $100 Strong reserves Growing revenue
Commonwealth Health Corporation Inc is a 501(c)(3) organization based in Bowling Green, Kentucky, registered in 1985, with $195,749,163 in FY2024 revenue. CharityIndex grades it A, and it directs about 84% of spending to programs.
800 Park St, Bowling Green, KY, 42101 EIN 31-1118087 Since 1985
Revenue (FY2024)
$195.7M
▲ 33.9% vs prior year
Health median: $840K
Expenses (FY2024)
$178.5M
Net assets
$138.1M
Employees
4,172
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating84% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Commonwealth Health Corporation Inc: 84% to programs · $0 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating9 mo reserves · +9% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Commonwealth Health Corporation Inc: 9 mo reserves · +9% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Commonwealth Health Corporation Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Commonwealth Health Corporation Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Mission
Med center health is an integrated healthcare system with a mission to care for people and improve the quality of life in the communities we serve.
What they do
Administrative programs: mch is a holding company for multiple nonprofit and for-profit corporations and partnerships (collectively, the "affiliates") engaged in various aspects of the healthcare industry. mch operates and provides various corporate support services for affiliates including but not limited to patient billing, collections, accounting, materials management, engineering, security, human resources, information systems, and administrative support.
Rehabilitative services: mch promotes healthcare in south-central kentucky by operating a comprehensive rehabilitation facility which offers physical, occupational, and speech therapy. in addition, the corporation provides staffing for therapy services in a related home health agency, two acute care hospitals, four critical access hospitals, a long-term acute care hospital, and one nursing care facility.
Contact & location
- Address
- 800 Park St, Bowling Green, KY, 42101
- City
- Bowling Green
- State
- Kentucky
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $68.6M (FY2013) to $195.7M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $66.5MNet assets $138.1M
Operating margin
8.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$204.6M
Total liabilities
$66.5M
Net assets
$138.1M
Salaries & benefits
$126.1M
71% of expenses
Board members
15
11 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $195,749,163▲33.9% | $178,460,479▲26.1% | $138,067,100▲6.2% | $204,611,549▲21.5% | 990 |
| 2023 | $146,139,009▲16.9% | $141,569,052▲14.2% | $130,002,068▲17.7% | $168,380,650▲7.9% | 990 |
| 2022 | $124,978,176▼5.1% | $123,911,670▲4.3% | $110,413,815▲7.7% | $156,059,027▲5.8% | 990 |
| 2021 | $131,659,305▲7.5% | $118,837,029▲2.8% | $102,516,929▲6.6% | $147,547,590▲7.2% | 990 |
| 2020 | $122,447,229▲3.7% | $115,573,142▲0.9% | $96,132,958▲21.3% | $137,613,530▲16.5% | 990 |
| 2019 | $118,032,477▲8.3% | $114,508,816▲9.1% | $79,239,921▲9.4% | $118,129,695▲12.0% | 990 |
| 2018 | $108,949,706▲9.5% | $105,002,556▲11.9% | $72,428,322▲79.6% | $105,472,534▲53.4% | 990 |
| 2017 | $99,473,866▲21.2% | $93,835,104▲20.2% | $40,319,858▲15.1% | $68,764,427▲17.8% | 990 |
| 2016 | $82,049,890▲10.2% | $78,095,035▲7.9% | $35,028,098▲7.5% | $58,356,502▲8.5% | 990 |
| 2015 | $74,456,589▲8.4% | $72,397,775▲9.8% | $32,579,065▲3.7% | $53,770,697▲7.6% | 990 |
| 2014 | $68,671,773▲0.2% | $65,928,678▲3.6% | $31,413,876▲6.9% | $49,993,858▲3.6% | 990 |
| 2013 | $68,564,856 | $63,641,291▲6.8% | $29,394,257▲12.6% | $48,278,481▲10.9% | 990 |
| 2012 | — | $59,601,917▲6.4% | $26,097,938▲8.3% | $43,541,033▲9.6% | 990 |
| 2011 | — | $56,039,492▲4.2% | $24,092,634▼40.8% | $39,728,559▼29.9% | 990 |
| 2010 | — | $53,792,195▲2.3% | $40,713,575▲15.7% | $56,703,912▲13.2% | 990 |
| 2009 | — | $52,587,068 | $35,186,647 | $50,107,138 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Dr Narendra Nathoo — $1,370,153 (0.77% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Dr Narendra Nathoo | Physician | 40 | $1,370,153 |
| Ms Connie D Smith | President / Ceo | 40 | $1,353,837 |
| Dr George Alsina | Physician | 40 | $1,012,666 |
| Dr Wallace Carter | Physician | 40 | $886,021 |
| Dr Diego Cabrera Fernandez | Physician | 40 | $812,227 |
| Dr Tracy Cross | Physician | 40 | $688,270 |
| Dr Paul Kelsey | Physician | 40 | $596,509 |
| Ms Michele W Lawless | Executive Vice President & Cfo | 38 | $540,323 |
| Dr Hugh Sims | Director / Physician | 40 | $537,160 |
| Mr Wade Stone | Executive Vice President | 38 | $465,735 |
| Mr David Gray | Executive Vice President | 38 | $453,850 |
| Dr Kal Sahetya | Director | 2 | $32,288 |
| Dr Eli Jackson | Secretary | 2 | $2,740 |
| Judge Michael Buchanon | Director | 2 | $2,740 |
| Mr Brad Odil | Director | 2 | $2,740 |
| Mr Gary Broady | Director | 2 | $2,740 |
| Mr Joe Natcher | Chairman | 2 | $2,740 |
| Mrs Cathy Bishop | Vice Chair | 2 | $2,740 |
| Mr Tommy Holderfield | Director | 2 | $2,740 |
| Mr Tommy Loving | Director | 2 | $2,740 |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Kentucky Medical Services Foundation Inc | Physician Services | $6,258,505 |
| Jackson & Coker Locumtenens LLC | Physician Services | $4,372,830 |
| Hodges Adams Pllc | Attorney Services | $1,638,038 |
| Graves Gilbert Clinic Psc | Physician Services | $1,562,848 |
| Signallamp Health Inc | Professional Services | $679,550 |
Grants made · $869K in FY2024
2 grants totaling $869K in FY2024. All grants made by Commonwealth Health Corporation Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Commonwealth Health Foundation | General support | $618,673 |
| Commonwealth Health Free Clinic Inc | General support | $250,000 |
Similar organizations in Health
Health
Norton Healthcare-indiana Inc
Louisville, KY
$197.6M
C+annual revenue
Health
Arh Tug Valley Health Services Inc
Lexington, KY
$217.9M
Aannual revenue
- Health
Methodist Health Inc
Henderson, KY
$171.1M
Aannual revenue
Health
Jennie Stuart Medical Center Inc
Hopkinsville, KY
$234.3M
Aannual revenue
Norton - Kings Daughters Health Inc
Louisville, KY
$151.1M
C+annual revenue
Health
T J Samson Community Hospital
Glasgow, KY
$259.3M
Aannual revenue
Arh Mary Breckinridge Health Services Inc
Lexington, KY
$128.3M
Aannual revenue
Health
St Claire Medical Center Inc
Morehead, KY
$264.0M
Aannual revenue
Health
Cumberland Family Medical Center Inc
Burkesville, KY
$120.6M
Aannual revenue
Health
Owensboro Health Medical Group Inc
Owensboro, KY
$120.4M
Cannual revenue
Compare Commonwealth Health Corporation Inc
Frequently asked questions
- Is Commonwealth Health Corporation Inc a legitimate nonprofit?
- Yes. Commonwealth Health Corporation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 31-1118087, based in Bowling Green, Kentucky. Donations are tax-deductible.
- What is Commonwealth Health Corporation Inc's EIN?
- Commonwealth Health Corporation Inc's Employer Identification Number (EIN) is 31-1118087.
- How much revenue does Commonwealth Health Corporation Inc report?
- Commonwealth Health Corporation Inc reported $195,749,163 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Commonwealth Health Corporation Inc's spending goes to programs?
- Commonwealth Health Corporation Inc spends about 84% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Commonwealth Health Corporation Inc have?
- CharityIndex grades Commonwealth Health Corporation Inc A, based on program efficiency and fundraising cost.
- How much does Commonwealth Health Corporation Inc's highest-paid employee make?
- The highest reported compensation on Commonwealth Health Corporation Inc's latest Form 990 is $1,370,153, paid to Dr Narendra Nathoo (Physician).
More nonprofits in Bowling Green
Explore more
Data for Commonwealth Health Corporation Inc (EIN 31-1118087) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.