Methodist Health Inc
86% goes to programs Strong reserves Growing revenue
Methodist Health Inc is a 501(c)(3) organization based in Henderson, Kentucky, registered in 1956, with $171,058,668 in FY2023 revenue. CharityIndex grades it A, and it directs about 86% of spending to programs.
1305 N Elm St, Henderson, KY, 42420 EIN 61-0461753 Since 1956
Revenue (FY2023)
$171.1M
▲ 26.9% vs prior year
Health median: $840K
Expenses (FY2023)
$137.2M
Net assets
$98.5M
Employees
781
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 rating86% 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 Methodist Health Inc: 86% to programs earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating9 mo reserves · +20% 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 Methodist Health Inc: 9 mo reserves · +20% 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 Methodist Health Inc: 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 Methodist Health Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Methodist health provides quality healthcare services with a compassionate and caring spirit to persons, families and communities of the tri-state. at methodist health, our values are based on our commitment to quality. we define quality as the continuous improvement of services to meet the needs and exceed the expectations of the customers we serve. our values are quality in everything we do, respect for all people, efficiency and effectiveness in the use of resources, innovation toward continuous system improvement, partnership with those we serve and with suppliers, education for continuous growth and knowledge and pride in workmanship. to accomplish its mission, methodist health is committed to improving the quality of life for the people of the tri-state by demonstrating excellence in healthcare services, providing access to healthcare, providing charity care to those in need, promoting healthy lifestyles, offering spiritual and psychological support, supporting health related
Contact & location
- Address
- 1305 N Elm St, Henderson, KY, 42420
- City
- Henderson
- State
- Kentucky
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $161.3M (FY2013) to $171.1M (FY2023) across 10 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $22.2MNet assets $98.5M
Operating margin
19.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$120.7M
Total liabilities
$22.2M
Net assets
$98.5M
Salaries & benefits
$52.9M
39% of expenses
Board members
10
5 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $171,058,668▲26.9% | $137,204,265▲12.3% | $98,505,837▲55.8% | $120,728,945▲24.6% | 990 |
| 2022 | $134,810,881▲2.3% | $122,208,405▲2.6% | $63,234,638▲26.2% | $96,914,788▼10.4% | 990 |
| 2021 | $131,791,529▲15.7% | $119,110,972▼12.1% | $50,098,036▲148% | $108,215,491▼7.9% | 990 |
| 2019 | $113,957,136▼8.3% | $135,550,790▲4.3% | $20,219,398▼62.4% | $117,520,188▼3.2% | 990 |
| 2018 | $124,249,561▼0.9% | $129,976,167▼3.4% | $53,715,294▼3.8% | $121,419,634▲8.3% | 990 |
| 2017 | $125,432,725▼12.0% | $134,592,281▼10.4% | $55,817,137▼14.5% | $112,090,305▼14.0% | 990 |
| 2016 | $142,494,191▼5.7% | $150,250,247▼1.1% | $65,311,832▼5.5% | $130,343,096▼8.0% | 990 |
| 2015 | $151,124,240▲4.9% | $151,991,650▲9.2% | $69,141,617▼10.7% | $141,639,694▼3.4% | 990 |
| 2014 | $144,016,158▼10.7% | $139,136,940▼17.0% | $77,444,112▲6.6% | $146,577,684▼1.0% | 990 |
| 2013 | $161,347,806 | $167,730,747▲0.3% | $72,662,978▼10.2% | $148,058,367▼6.1% | 990 |
| 2012 | — | $167,148,738▲4.3% | $80,880,470▲35.9% | $157,616,747▼0.1% | 990 |
| 2011 | — | $160,231,495▲8.8% | $59,512,258▼22.6% | $157,803,337▼0.1% | 990 |
| 2010 | — | $147,308,840▲3.0% | $76,914,629▲17.7% | $158,038,204▲0.1% | 990 |
| 2009 | — | $143,080,607 | $65,365,292 | $157,823,204 | 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: Kelli Matthew Md — $803,846 (0.59% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Kelli Matthew Md | Director & Chief of Staff | 50 | $803,846 |
| Kristopher Beickman Md | Physician | 50 | $633,121 |
| Sarah O'nan | Physician | 50 | $630,142 |
| Amber Koon Md | Physician | 50 | $525,062 |
| James Pennington | Crna | 50 | $349,152 |
| Lasha-giorgi Esebua Md | Physician | 50 | $277,939 |
| Linda E White | Cao | 50 | $133,464 |
| Stephanie Jenkins | Integration Director | 50 | $115,640 |
| Charles S Austin | Secretary | 5 | — |
| Cheryl Wathen | Vp & Cfo | 5 | — |
| Christina Ryan | Former Director | 0 | — |
| Curtis Michael Webb | Vice Chair | 5 | — |
| Dennis Beck Md | Director & Assoc. Cmo | 5 | — |
| Dirk Morgan | Former Cfo | 0 | — |
| Gregory Alan Risch | Chairman | 5 | — |
| James Frank Vincent Sr | Director | 5 | — |
| Kintina Chapman | Chief Nursing Officer | 50 | — |
| Lynn Lingafelter | Coo | 5 | — |
| Phillip Shields | Director | 5 | — |
| Susan E Parsons | Treasurer | 5 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Progressive Health of Indiana | Therapy Services | $1,205,261 |
| Hhs Culinary and Nutrition Solutions LLC | Management & Culinary Services | $1,017,417 |
| Kelly Matthew Do Pllc | Pulmonology Services | $803,846 |
| Sarah Kung Do Pllc | Physician Services | $794,883 |
| Craig Anesthesiology Svcs LLC | Anesthesia Services | $652,427 |
Grants made · $156K in FY2023
9 grants totaling $156K in FY2023. All grants made by Methodist Health Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Henderson Community College | Education excellence | $50,000 |
| Habitat For Humanity International Inc | Affordable housing | $25,000 |
| Henderson County Economic Development Corporation | Economic development | $20,000 |
| Cliff Hagan Boys & Girls Club Inc | Capital campaign | $15,000 |
| Audubon Kids Zone Inc | Child development and enrichment | $12,000 |
| Henderson Music Preservation Society Inc | Music festival | $10,000 |
| United Way of Henderson County | Community support | $10,000 |
| Infinite Hope Inc | Mental health support | $8,000 |
| Pregnancy Resource Center Inc | Pregnancy resources for low income | $6,000 |
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Frequently asked questions
- Is Methodist Health Inc a legitimate nonprofit?
- Yes. Methodist Health Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 61-0461753, based in Henderson, Kentucky. Donations are tax-deductible.
- What is Methodist Health Inc's EIN?
- Methodist Health Inc's Employer Identification Number (EIN) is 61-0461753.
- How much revenue does Methodist Health Inc report?
- Methodist Health Inc reported $171,058,668 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Methodist Health Inc's spending goes to programs?
- Methodist Health Inc spends about 86% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Methodist Health Inc have?
- CharityIndex grades Methodist Health Inc A, based on program efficiency and fundraising cost.
- How much does Methodist Health Inc's highest-paid employee make?
- The highest reported compensation on Methodist Health Inc's latest Form 990 is $803,846, paid to Kelli Matthew Md (Director & Chief of Staff).
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Data for Methodist Health Inc (EIN 61-0461753) 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.