Lester E Cox Medical Center
88% goes to programs $6 to raise $100 Strong reserves Growing revenue
Lester E Cox Medical Center is a 501(c)(3) organization based in Springfield, Missouri, registered in 1944, with $1,830,394,766 in FY2023 revenue. CharityIndex grades it A, and it directs about 88% of spending to programs.
1423 N Jefferson Ave, Springfield, MO, 65802 EIN 44-0577118 Since 1944
Revenue (FY2023)
$1.8B
▲ 11.6% vs prior year
Health median: $840K
Expenses (FY2023)
$1.8B
Net assets
$1.3B
Employees
13,423
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 rating88% to programs · $6 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 Lester E Cox Medical Center: 88% to programs · $6 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating8 mo reserves · +3% 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 Lester E Cox Medical Center: 8 mo reserves · +3% 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 Lester E Cox Medical Center: 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 Lester E Cox Medical Center: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
The organization provides quality health care, education and research in order to improve the health of the communities it serves.
What they do
Physician care: employed physicians at lester e. cox medical center play an important role in access to medical care through their practice at rural health clinics in under-served areas of southwest missouri. physicians with cox family medicine residency are making a visible difference in care for uninsured patients as well as patients covered by medicaid. affordable, convenient care is also provided in our retail clinics. lester e. cox medical centers continues to add super clinics bringing advanced care to the patient including physical therapy, imaging and pharmacy services within the clinic. coxhealth has also invested in telemedicine infrastructure to further expand its ability to offer cost effective and convenient care to our community.
Contact & location
- Address
- 1423 N Jefferson Ave, Springfield, MO, 65802
- City
- Springfield
- State
- Missouri
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $1.1B (FY2013) to $1.8B (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $803.8MNet assets $1.3B
Operating margin
3.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.1B
Total liabilities
$803.8M
Net assets
$1.3B
Salaries & benefits
$711.0M
40% of expenses
Board members
6
5 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $1,830,394,766▲11.6% | $1,770,434,588▲9.8% | $1,251,482,107▲6.6% | $2,055,262,059▲6.4% | 990 |
| 2022 | $1,639,754,736▲3.8% | $1,611,918,444▲8.0% | $1,174,112,918▲12.2% | $1,932,352,204▲4.9% | 990 |
| 2021 | $1,579,841,659▲8.3% | $1,491,924,122▲9.5% | $1,046,721,722▲2.4% | $1,842,947,814▼5.4% | 990 |
| 2020 | $1,458,642,232▲17.4% | $1,362,990,040▲13.6% | $1,022,381,422▲33.7% | $1,947,973,281▲12.3% | 990 |
| 2019 | $1,242,454,411▲0.8% | $1,200,307,528▲3.9% | $764,793,340▼19.5% | $1,734,890,340▼1.1% | 990 |
| 2018 | $1,233,130,712▼0.5% | $1,155,222,365▼1.7% | $949,856,424▲4.4% | $1,753,434,894▲8.1% | 990 |
| 2017 | $1,239,584,665▲4.3% | $1,174,710,366▲4.2% | $909,546,449▲11.6% | $1,621,399,974▲3.8% | 990 |
| 2016 | $1,188,725,650▲5.3% | $1,127,010,876▲5.6% | $815,196,698▲14.4% | $1,562,280,731▲6.8% | 990 |
| 2015 | $1,128,793,939▲7.1% | $1,067,108,157▲4.2% | $712,758,809▲7.3% | $1,463,149,223▲3.0% | 990 |
| 2014 | $1,053,603,679▼2.8% | $1,024,249,172▲0.3% | $664,001,866▼1.6% | $1,420,537,175▲1.2% | 990 |
| 2013 | $1,083,992,905 | $1,021,023,955▲2.3% | $674,461,394▲2.2% | $1,403,872,850▲4.3% | 990 |
| 2012 | — | $997,971,368▲6.8% | $660,224,647▲36.2% | $1,345,753,808▲24.7% | 990 |
| 2011 | — | $934,248,167▲2.6% | $484,579,791▲10.0% | $1,079,342,042▲6.9% | 990 |
| 2010 | — | $910,557,384▲2.6% | $440,352,442▼5.6% | $1,009,866,577 | 990 |
| 2009 | — | $887,512,533 | $466,367,656 | $1,009,995,091 | 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 (FY2023)
Highest-paid: Karim Welaya — $1,014,319 (0.06% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Karim Welaya | Physician | 40 | $1,014,319 |
| Louis Krenn | Physician | 40 | $956,238 |
| Mimi Propst | Physician | 40 | $822,105 |
| Rajesh Banderudrappagari | Physician | 40 | $790,118 |
| Gregory Stamps | Physician | 40 | $763,815 |
| Shawn Usery Md | Svp, Cmo | 40 | $635,446 |
| Ashley Casad | President, Shg | 40 | $413,347 |
| Jonathan B Shamel | Svp, Cmg | 40 | $393,115 |
| Beth G Polivka | Svp, Cno | 40 | $362,495 |
| Jeff Hawkins | Vp, Clinical Services | 40 | $322,004 |
| Ellen Hammock | Vp, Cmg | 40 | $306,296 |
| Karen Kramer | Former Svp, Pres Springfield Hosp | 0 | $233,712 |
| David Strong | Former Vp, Hospital Revenue | 0 | $57,647 |
| Brad E Erwin | Board Member | 1 | — |
| Darren Bass | Vp, Clinical Services | 40 | — |
| Hal L Higdon | Chair | 1 | — |
| Jacob M Mcway | Evp, Coxhealth Cfo | 1 | — |
| Jefferson M Tynes | Board Member | 1 | — |
| Larry W Lipscomb | Board Member | 1 | — |
| Max D Buetow | President & Ceo | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Mplt Healthcare LLC | Phys Services/locum | $18,263,950 |
| Spfd Neurological Institute | Phys Remuneration | $16,161,588 |
| Ozark Anathesia Associates | Anesthesia Services | $14,034,847 |
| Intellihartx LLC | Account Collections | $12,660,039 |
| 360 Degree Medicine | Physician Services | $9,342,762 |
Grants received · $601K total
24 grants to Lester E Cox Medical Center totaling $601K, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Cancer Society Inc | Patient support | 2024 | $28,000 |
| Advocates For A Healthy Community Inc | Pass-thru grant | 2024 | $16,736 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $27,192 |
| Advocates For A Healthy Community Inc | Pass-thru grant | 2023 | $9,096 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $27,012 |
| Advocates For A Healthy Community Inc | Pass-thru grant | 2022 | $7,637 |
| Mayo Clinic Group Return | Support charitable purpose | 2022 | $5,890 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $27,641 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $27,641 |
| Advocates For A Healthy Community Inc | Pass-thru grant | 2021 | $12,637 |
| Advocates For A Healthy Community Inc | Pass-thru grant | 2020 | $31,195 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2020 | $22,594 |
| Advocates For A Healthy Community Inc | Pass-thru grant | 2019 | $43,534 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2019 | $15,921 |
| Advocates For A Healthy Community Inc | Pass-thru grant | 2018 | $41,075 |
Grants made · $264K in FY2023
4 grants totaling $264K in FY2023. All grants made by Lester E Cox Medical Center →
| Recipient | Purpose | Amount |
|---|---|---|
| Mha Health Institute | Community benefit | $150,341 |
| Coxhealth | Support | $62,366 |
| Skaggs Community Hospital Association | Support | $38,261 |
| Cox-monett Hospital Inc | Support | $13,171 |
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Frequently asked questions
- Is Lester E Cox Medical Center a legitimate nonprofit?
- Yes. Lester E Cox Medical Center is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 44-0577118, based in Springfield, Missouri. Donations are tax-deductible.
- What is Lester E Cox Medical Center's EIN?
- Lester E Cox Medical Center's Employer Identification Number (EIN) is 44-0577118.
- How much revenue does Lester E Cox Medical Center report?
- Lester E Cox Medical Center reported $1,830,394,766 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Lester E Cox Medical Center's spending goes to programs?
- Lester E Cox Medical Center spends about 88% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Lester E Cox Medical Center have?
- CharityIndex grades Lester E Cox Medical Center A, based on program efficiency and fundraising cost.
- How much does Lester E Cox Medical Center's highest-paid employee make?
- The highest reported compensation on Lester E Cox Medical Center's latest Form 990 is $1,014,319, paid to Karim Welaya (Physician).
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Data for Lester E Cox Medical Center (EIN 44-0577118) 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.