Mount Nittany Medical Center
76% goes to programs $0 to raise $100 Strong reserves
Mount Nittany Medical Center is a 501(c)(3) organization based in State College, Pennsylvania, registered in 1951, with $539,833,938 in FY2023 revenue. CharityIndex grades it A, and it directs about 76% of spending to programs.
155 Wellness Way, State College, PA, 16803 EIN 24-0795682 Since 1951
Revenue (FY2023)
$539.8M
▲ 12.0% vs prior year
Health median: $840K
Expenses (FY2023)
$478.6M
Net assets
$791.0M
Employees
2,167
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
B+Program efficiency40% of the rating76% 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 Mount Nittany Medical Center: 76% to programs · $0 to raise $100 earns a B+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating20 mo reserves · +11% 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 Mount Nittany Medical Center: 20 mo reserves · +11% margin earns a A on this criterion. See the exact thresholds →
AGovernance25% of the rating5 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 Mount Nittany Medical Center: 5 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 Mount Nittany Medical Center: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Inpatient, outpatient & emergency care services to centre county and the surrounding areas.
Contact & location
- Address
- 155 Wellness Way, State College, PA, 16803
- City
- State College
- State
- Pennsylvania
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $326.0M (FY2013) to $539.8M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $562.8MNet assets $791.0M
Operating margin
11.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.4B
Total liabilities
$562.8M
Net assets
$791.0M
Salaries & benefits
$217.6M
45% of expenses
Board members
9
3 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $539,833,938▲12.0% | $478,610,101▲8.3% | $790,956,890▲25.3% | $1,353,777,578▲14.9% | 990 |
| 2022 | $482,115,313▼11.8% | $441,795,095▲16.4% | $631,464,575▲32.2% | $1,177,993,229▲11.2% | 990 |
| 2021 | $546,334,518▲12.1% | $379,662,361▼4.2% | $477,518,226▼5.6% | $1,059,540,570▲15.8% | 990 |
| 2020 | $487,465,403▲18.7% | $396,451,479▲2.0% | $505,873,700▲33.6% | $915,028,845▲9.6% | 990 |
| 2019 | $410,834,007▼3.8% | $388,852,338▲2.1% | $378,767,216▼6.8% | $834,985,034▲8.3% | 990 |
| 2018 | $427,132,703▲2.0% | $380,727,277▲1.4% | $406,461,644▲20.5% | $771,104,568▲8.5% | 990 |
| 2017 | $418,831,298▲6.0% | $375,500,410▲3.4% | $337,373,225▲18.5% | $710,754,642▲16.6% | 990 |
| 2016 | $395,025,099▲3.6% | $362,988,510▲1.5% | $284,607,475▲34.0% | $609,325,426▲10.3% | 990 |
| 2015 | $381,137,696▲9.4% | $357,628,105▲12.2% | $212,336,325▼9.6% | $552,298,279▲13.9% | 990 |
| 2014 | $348,423,401▲6.9% | $318,689,440▲4.4% | $234,763,843▲50.2% | $484,805,587▲8.2% | 990 |
| 2013 | $325,992,762 | $305,240,273▲6.2% | $156,332,213▲13.2% | $447,908,909▲8.1% | 990 |
| 2012 | — | $287,476,482▲15.2% | $138,131,805▲20.7% | $414,344,237▲17.3% | 990 |
| 2011 | — | $249,572,092▲2.7% | $114,451,583▼7.1% | $353,140,117▲6.3% | 990 |
| 2010 | — | $243,122,472▲34.3% | $123,148,509▲14.7% | $332,089,625▲33.8% | 990 |
| 2009 | — | $180,974,449 | $107,376,390 | $248,215,124 | 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: Kathleen Rhine — $2,332,581 (0.49% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Kathleen Rhine | Ceo/trustee | 32 | $2,332,581 |
| Bryan Roach | Executive Vp & Cfo | 32 | $690,811 |
| Jennifer Gilbert | Physician | 40 | $665,995 |
| Brian Peter Yuskevich | Physician | 40 | $581,981 |
| Peter Jonathan Gambino | Physician | 40 | $537,576 |
| Andrew T Lee | Physician | 40 | $535,992 |
| William Howard Justice | Physician | 40 | $529,973 |
| Upendra Thacker Md | Chief Medical Officer | 40 | $513,154 |
| Tiffany Cabibbo | Evp Patient Care Svcs/cno | 40 | $402,214 |
| Amy Trithart | Chief Human Resource Officer | 40 | $344,874 |
| Kurt Kissinger | Vp System Development | 40 | $342,446 |
| Eric Matava | Chief Legal Officer | 40 | $306,526 |
| Robert Donahue | Chief Facility Mgmt Officer | 40 | $278,713 |
| Nirmal Joshi Md | System Chief Medical Officer (until 12/23) | 40 | $264,299 |
| Thomas Charles | Exec Vp System Dvlmt (until 1/24) | 40 | $233,519 |
| Lance Rose | Former Ceo/officer/director | 0 | $14,721 |
| Barry R Stein Dmd | Trustee | 2 | — |
| Dustin Case Do | Trustee | 2 | — |
| Faoud Ishmael Md | Trustee | 2 | — |
| Gail Hurley | Trustee | 2 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Alexander Buidling Construction LLC | Construction Services | $47,645,723 |
| Whiting Turner Contracting | Construction Services | $45,571,399 |
| Medefis Consolidated | Staffing Services | $15,603,712 |
| Stantec International | Construction Services | $4,700,954 |
| Jjp Recruiting LLC | Locum Physician Services | $2,751,289 |
Grants received · $6.9M total
4 grants to Mount Nittany Medical Center totaling $6.9M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Mount Nittany Medical Center Health Services Inc | Provide financial support to affiliate | 2021 | $6,840,697 |
| Jewish Federation of Greater Pittsburgh | To support education | 2020 | $5,500 |
| Jewish Federation of Greater Pittsburgh | To support social health and welfare | 2016 | $5,000 |
| Jewish Federation of Greater Pittsburgh | To support social health and welfare | 2015 | $5,000 |
Grants made · $48.1M in FY2023
3 grants totaling $48.1M in FY2023. All grants made by Mount Nittany Medical Center →
| Recipient | Purpose | Amount |
|---|---|---|
| Mount Nittany Medical Center Health Services Inc | Provide financial support to affiliate | $47,279,720 |
| Mount Nittany Health System | Provide financial support to affiliate | $751,537 |
| Centre County Childrens Advocacy Center | Provide financial support to affiliate | $88,246 |
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Frequently asked questions
- Is Mount Nittany Medical Center a legitimate nonprofit?
- Yes. Mount Nittany Medical Center is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 24-0795682, based in State College, Pennsylvania. Donations are tax-deductible.
- What is Mount Nittany Medical Center's EIN?
- Mount Nittany Medical Center's Employer Identification Number (EIN) is 24-0795682.
- How much revenue does Mount Nittany Medical Center report?
- Mount Nittany Medical Center reported $539,833,938 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Mount Nittany Medical Center's spending goes to programs?
- Mount Nittany Medical Center spends about 76% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Mount Nittany Medical Center have?
- CharityIndex grades Mount Nittany Medical Center A, based on program efficiency and fundraising cost.
- How much does Mount Nittany Medical Center's highest-paid employee make?
- The highest reported compensation on Mount Nittany Medical Center's latest Form 990 is $2,332,581, paid to Kathleen Rhine (Ceo/trustee).
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Data for Mount Nittany Medical Center (EIN 24-0795682) 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.