Lima Memorial Joint Operating Company
81% goes to programs Strong reserves
Lima Memorial Joint Operating Company is a 501(c)(3) organization based in Lima, Ohio, registered in 1999, with $317,901,718 in FY2024 revenue. CharityIndex grades it A, and it directs about 81% of spending to programs.
1001 Bellefontaine Ave, Lima, OH, 45804 EIN 34-1883284 Since 1999
Revenue (FY2024)
$317.9M
▲ 6.9% vs prior year
Health median: $840K
Expenses (FY2024)
$288.0M
Net assets
$486.0M
Employees
1,931
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 rating81% to programs
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 Lima Memorial Joint Operating Company: 81% to programs earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating20 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 Lima Memorial Joint Operating Company: 20 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 Lima Memorial Joint Operating Company: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 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 Lima Memorial Joint Operating Company: 4 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
As one of the largest not-for-profit health care organizations in west central ohio, lima memorial health system is committed to improving the quality of life in our communities through comprehensive health services. lima memorial is continually improving its services and facilities by keeping up with the latest technologies, providing continuing education to our health care team and updating our facilities. our patient satisfaction numbers continue to improve and we continually achieve quality scores that are better then the state and national averages.
Contact & location
- Address
- 1001 Bellefontaine Ave, Lima, OH, 45804
- City
- Lima
- State
- Ohio
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $179.6M (FY2013) to $317.9M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $118.1MNet assets $486.0M
Operating margin
9.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$604.1M
Total liabilities
$118.1M
Net assets
$486.0M
Salaries & benefits
$128.3M
45% of expenses
Board members
12
12 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $317,901,718▲6.9% | $287,966,352▲3.7% | $485,977,476▲8.3% | $604,121,346▲7.1% | 990 |
| 2023 | $297,520,103▲1.9% | $277,790,859▲7.8% | $448,828,888▲7.0% | $564,316,732▲5.3% | 990 |
| 2022 | $291,840,226▲4.6% | $257,732,854▲15.8% | $419,523,604▲4.6% | $536,035,911▼1.6% | 990 |
| 2021 | $279,061,376▲21.3% | $222,490,359▲10.7% | $401,085,308▲16.8% | $544,714,606▲9.9% | 990 |
| 2020 | $230,134,222▲3.4% | $201,047,959▲4.4% | $343,414,184▲12.8% | $495,750,474▲15.4% | 990 |
| 2019 | $222,586,027▲6.7% | $192,551,195▲4.2% | $304,419,457▲13.0% | $429,771,985▲18.6% | 990 |
| 2018 | $208,560,166▲3.0% | $184,745,906▲1.1% | $269,404,594▲7.8% | $362,222,741▲2.9% | 990 |
| 2017 | $202,507,705▼0.4% | $182,673,906▼0.4% | $249,806,467▲10.5% | $352,031,914▲7.1% | 990 |
| 2016 | $203,343,065▲7.2% | $183,356,249▲6.1% | $226,134,579▲11.6% | $328,758,731▲9.7% | 990 |
| 2015 | $189,680,245▲7.7% | $172,740,009▲2.7% | $202,574,669▲8.4% | $299,784,042▲6.3% | 990 |
| 2014 | $176,194,468▼1.9% | $168,167,068▲4.7% | $186,881,963▲4.7% | $282,148,520▲10.1% | 990 |
| 2013 | $179,638,816 | $160,689,607▼0.2% | $178,578,028▲13.2% | $256,259,984▲6.1% | 990 |
| 2012 | — | $160,978,951▲4.5% | $157,811,134▲15.0% | $241,603,603▲10.7% | 990 |
| 2011 | — | $154,046,088▲4.4% | $137,286,574▲2.7% | $218,263,113▲4.1% | 990 |
| 2010 | — | $147,567,096 | $133,666,720 | $209,668,000 | 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: Robert E Armstrong Jr — $837,755 (0.29% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Robert E Armstrong Jr | Sr Vp/cao (see Sch J)thru 7/24 | 40 | $837,755 |
| Michael D Swick | President/ceo (see Sch J) | 44 | $811,265 |
| Eric D Pohjala | Vp Finance/cfo(see Sch J)thru 6/24 | 40 | $545,890 |
| Susan Kaufman Do | Vp of Medical Affairs (see Sch J) | 30 | $457,344 |
| Lynn M Carpenter | Vice President/coo (see Sch J) | 40 | $407,288 |
| Ann-marie Jean Pohl | Vp/cno (see Sch J)thru 3/25 | 50 | $344,343 |
| Timothy A Buit | Vp Finance/cfo(see Sch J)eff 6/24 | 40 | $227,222 |
| Brett A Randolph | Director of Pharmacy Care Tran | 40 | $215,891 |
| Jeffrey N Utz | Executive Director - Lmp | 40 | $192,824 |
| Jaime Quellhorst | Executive Director - Nursing | 40 | $187,812 |
| Burlin L Sherrick | Executive Director-ancillary Srvc | 40 | $183,486 |
| Joshua L Hines | Executive Director - Info Tech | 40 | $179,036 |
| Clyde R Rauch | Board Member | 1 | — |
| Cynthia E Spiers | Board Member | 1 | — |
| Debi Brobst | Board Member | 1 | — |
| Dennis E Morris | Board Member | 1 | — |
| James F Blair | Board Member | 1 | — |
| Jane M Wood | Board Member | 1 | — |
| Jodi L Rucker | Vice-chair | 1 | — |
| John H Johnson | Chair | 1 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| American Healthcare Staffing Assoc | Medical Services | $4,636,414 |
| Vaya Workforce Solutions LLC | Medical Services | $2,684,976 |
| Allen Intensivist Group LLC | Medical Services | $2,481,895 |
| Envision | Medical Services | $1,557,068 |
| Inversion 6 | Medical Services | $1,054,371 |
Grants received · $100K total
4 grants to Lima Memorial Joint Operating Company totaling $100K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Promedica Health System Inc | Support operations | 2022 | $25,000 |
| Promedica Health System Inc | Charitable donation | 2021 | $25,000 |
| Promedica Health System Inc | Charitable donation | 2020 | $25,000 |
| Promedica Health System Inc | Charitable donation | 2019 | $25,000 |
Grants made · $130K in FY2024
6 grants totaling $130K in FY2024. All grants made by Lima Memorial Joint Operating Company →
| Recipient | Purpose | Amount |
|---|---|---|
| James A Rhodes State College Foundation | Community development/health and wellness | $45,000 |
| Lima-allen County Chamber of Commerce | Community development | $25,060 |
| United Way of Greater Lima Inc | Community development/health and wellness | $20,000 |
| Allen County Probate Court | Community development/health and wellness | $20,000 |
| Lima Memorial Foundation | Health initiative | $10,000 |
| Greater Lima Region Inc | Community development | $10,000 |
Similar organizations in Health
Health
Galion Community Hospital
Galion, OH
$320.3M
A+annual revenue
Health
Firelands Regional Medical Center
Sandusky, OH
$313.6M
Aannual revenue
Health
Hcr Manorcare Inc
Toledo, OH
$304.4M
Cannual revenue
Health
Community Blood Center
Dayton, OH
$303.0M
Aannual revenue
Promedica Central Physicians LLC
Toledo, OH
$338.3M
C+annual revenue
Health
Beavercreek Medical Center
Miamisburg, OH
$292.8M
Bannual revenue
Health
Heartland Health & Wellness Fund
Dayton, OH
$347.8M
Bannual revenue
Health
Fairfield Medical Center
Lancaster, OH
$351.6M
Aannual revenue
Health
Atrium Medical Center
Dayton, OH
$280.3M
C+annual revenue
Health
Trihealth Physician Enterprises Corp
Cincinnati, OH
$269.2M
C+annual revenue
Compare Lima Memorial Joint Operating Company
Frequently asked questions
- Is Lima Memorial Joint Operating Company a legitimate nonprofit?
- Yes. Lima Memorial Joint Operating Company is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 34-1883284, based in Lima, Ohio. Donations are tax-deductible.
- What is Lima Memorial Joint Operating Company's EIN?
- Lima Memorial Joint Operating Company's Employer Identification Number (EIN) is 34-1883284.
- How much revenue does Lima Memorial Joint Operating Company report?
- Lima Memorial Joint Operating Company reported $317,901,718 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Lima Memorial Joint Operating Company's spending goes to programs?
- Lima Memorial Joint Operating Company spends about 81% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Lima Memorial Joint Operating Company have?
- CharityIndex grades Lima Memorial Joint Operating Company A, based on program efficiency and fundraising cost.
- How much does Lima Memorial Joint Operating Company's highest-paid employee make?
- The highest reported compensation on Lima Memorial Joint Operating Company's latest Form 990 is $837,755, paid to Robert E Armstrong Jr (Sr Vp/cao (see Sch J)thru 7/24).
More nonprofits in Lima
Explore more
Data for Lima Memorial Joint Operating Company (EIN 34-1883284) 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.