Meridian Health Services Corp
84% goes to programs $2 to raise $100 Strong reserves
Meridian Health Services Corp is a 501(c)(3) organization based in Muncie, Indiana, registered in 1974, with $134,288,837 in FY2024 revenue. CharityIndex grades it A, and it directs about 84% of spending to programs.
240 N Tillotson Ave, Muncie, IN, 47304 EIN 35-1302836 Since 1974
Revenue (FY2024)
$134.3M
▲ 5.5% vs prior year
Mental Health median: $333K
Expenses (FY2024)
$135.2M
Net assets
$114.0M
Employees
1,614
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 · $2 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 Meridian Health Services Corp: 84% to programs · $2 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating10 mo reserves · -1% 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 Meridian Health Services Corp: 10 mo reserves · -1% 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 Meridian Health Services Corp: 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 Meridian Health Services Corp: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
Meridian health services is a progressive healthcare organization specializing in "whole person" health, integrating physical, mental and social well-being. the focus on a broader spectrum of health including primary care, behavioral health, and human services offers a well-rounded approach leading to healthier, happier patients.
What they do
Outpatient behavioral health counseling programs for children: meridian health services corp. provides mental health and addictions services to residents of the communities that we serve (primarily those in allen, delaware, fayette, grant, henry, howard, jay, madison, marion, randolph, rush, st. joseph, and wayne counties). services include outpatient, family-centered services, chemical dependency, case management, and consultation and education.
Outpatient behavioral health counseling programs to adults: meridian health services corp. provides mental health and addictions services to residents of the communities that we serve (primarily those in allen, delaware, fayette, grant, henry, howard, jay, madison, marion, randolph, rush, st. joseph, and wayne counties). services include outpatient, chemical dependency, case management, and consultation and education.
Contact & location
- Address
- 240 N Tillotson Ave, Muncie, IN, 47304
- City
- Muncie
- State
- Indiana
- Subcategory
- Mental Health Treatment
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $50.6M (FY2013) to $134.3M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $20.0MNet assets $114.0M
Operating margin
-0.7%
Spent more than it raised in the latest fiscal year.
Total assets
$134.0M
Total liabilities
$20.0M
Net assets
$114.0M
Salaries & benefits
$101.4M
75% of expenses
Board members
15
15 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $134,288,837▲5.5% | $135,180,669▲13.5% | $114,018,261▲2.0% | $134,042,235▲4.6% | 990 |
| 2023 | $127,270,979▲6.1% | $119,137,859▲12.0% | $111,811,781▲11.0% | $128,140,949▲9.2% | 990 |
| 2022 | $119,978,792▲1.1% | $106,393,117▲11.9% | $100,724,558▲17.7% | $117,304,473▲14.9% | 990 |
| 2021 | $118,699,562▲7.8% | $95,069,417▲1.1% | $85,594,639▲34.0% | $102,071,902▲20.1% | 990 |
| 2020 | $110,091,980▲18.6% | $93,988,711▲4.2% | $63,878,336▲37.0% | $84,960,521▲37.0% | 990 |
| 2019 | $92,851,720▲3.6% | $90,216,746▲4.5% | $46,615,353▲6.3% | $62,035,028▲3.9% | 990 |
| 2018 | $89,650,111▲9.4% | $86,324,357▲9.2% | $43,863,296▲14.4% | $59,692,654▲12.6% | 990 |
| 2017 | $81,950,772▲7.4% | $79,016,813▲7.2% | $38,341,531▲8.9% | $53,021,260▲5.0% | 990 |
| 2016 | $76,303,198▲3.8% | $73,726,960▲4.0% | $35,209,297▲9.0% | $50,519,270▲11.0% | 990 |
| 2015 | $73,487,663▲19.7% | $70,922,195▲19.8% | $32,311,455▲8.2% | $45,496,427▲11.4% | 990 |
| 2014 | $61,378,493▲21.3% | $59,188,659▲24.5% | $29,849,366▲7.9% | $40,840,083▲7.9% | 990 |
| 2013 | $50,607,942 | $47,557,782▲14.3% | $27,659,532▲12.1% | $37,851,512▲13.5% | 990 |
| 2012 | — | $41,600,851▲13.6% | $24,676,387▲13.0% | $33,338,715▲13.0% | 990 |
| 2011 | — | $36,636,021▲23.3% | $21,834,120▲9.2% | $29,493,067▲10.7% | 990 |
| 2010 | — | $29,722,282▲3.2% | $19,996,691▲7.3% | $26,644,520▲9.9% | 990 |
| 2009 | — | $28,795,622 | $18,643,844 | $24,235,744 | 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: Seth Warren — $696,615 (0.52% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Seth Warren | President/ceo | 50 | $696,615 |
| Sarfraz Khan | Cmo and Vp of Medical Services | 50 | $503,669 |
| Hank A Milius | Past President/ceo | 1 | $459,089 |
| Hoversland Jon | Ob/gyn | 40 | $458,370 |
| Khalid Maleeha | Ob/gyn | 40 | $453,056 |
| Ogunleye Ayodeji | Psychiatrist | 40 | $414,724 |
| Alapati Venu | Psychiatrist | 40 | $387,526 |
| Scott Riggs | Cfo | 50 | $371,060 |
| Andrew Dawson | Board Member | 1 | — |
| Brent Webster | Board Chair Partial Term | 1 | — |
| Brian Ring | Board Vice-chair Partial Term | 1 | — |
| Chris Bowles | Board Member | 1 | — |
| Chris Fancher | Board Member | 1 | — |
| Derron Bishop | Board Member | 1 | — |
| Doug Inman | Board Secretary/treasurer | 1 | — |
| Dr Terry Whitt-bailey | Board Member | 1 | — |
| Gary Lehman | Board Member | 1 | — |
| James King | Board Member Partial Term | 1 | — |
| Jay Davis | Board Member | 1 | — |
| John Coldren | Board Member | 1 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Dr Raid Daas | Contracted Physician | $335,160 |
| Das Health | Contracted and Consulting Services | $334,548 |
| Dr Assad Mukhtar | Contracted Physician | $327,900 |
| Dr Michael Volpe | Contracted Physician | $310,792 |
| Havel Bros | Contracted Maintenance | $289,034 |
Grants received · $4.9M total
9 grants to Meridian Health Services Corp totaling $4.9M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| North Central Health Services Inc | Meridian proposes to implement a recovery residence that meets all of these needs. to ensure the residence is a safe environment for recovery and provide support for the residents meridian will provide professional staff on-site 24/7. to meet recovery needs beyond a safe place to live, meridian will provide therapy, counseling in coping skills, (basic life skills such as budgeting and obtaining employment) and access to behavioral health and medical services as part of the program. the facility will be certified by and operate in accordance with indiana national association of recovery residences (inarr). the inarr certifies provider compliance with the narr standard level iii residences offering life skills training and 24/7/365 supervision, by credentialed staff and includes; peer-based recovery support, life skills and outpatient treatment services. | 2024 | $3,264,291 |
| Mdwise Inc | General support | 2024 | $5,700 |
| North Central Health Services Inc | Womens recovery center | 2022 | $686,056 |
| Reid Hospital & Health Care Services Inc | Maternal treatment program | 2022 | $8,000 |
| North Central Health Services Inc | Implementing a recovery residence facility that meets the needs of mhs residents, as well as a women's recovery center featuring maternal & women's treatment programs | 2021 | $865,752 |
| Indiana University Health Ball Memorial Hospital Inc | General support | 2019 | $10,000 |
| Reid Hospital & Health Care Services Inc | Residential treatment program | 2018 | $5,600 |
| Reid Hospital & Health Care Services Inc | Programming support | 2016 | $7,300 |
| Indiana Association of United Ways Incorporated | Navigator | 2014 | $42,705 |
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Frequently asked questions
- Is Meridian Health Services Corp a legitimate nonprofit?
- Yes. Meridian Health Services Corp is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 35-1302836, based in Muncie, Indiana. Donations are tax-deductible.
- What is Meridian Health Services Corp's EIN?
- Meridian Health Services Corp's Employer Identification Number (EIN) is 35-1302836.
- How much revenue does Meridian Health Services Corp report?
- Meridian Health Services Corp reported $134,288,837 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Meridian Health Services Corp's spending goes to programs?
- Meridian Health Services Corp spends about 84% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Meridian Health Services Corp have?
- CharityIndex grades Meridian Health Services Corp A, based on program efficiency and fundraising cost.
- How much does Meridian Health Services Corp's highest-paid employee make?
- The highest reported compensation on Meridian Health Services Corp's latest Form 990 is $696,615, paid to Seth Warren (President/ceo).
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Data for Meridian Health Services Corp (EIN 35-1302836) 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.