Mount Nittany Medical Center Health Services Inc
78% goes to programs $0 to raise $100
Mount Nittany Medical Center Health Services Inc is a 501(c)(3) organization based in State College, Pennsylvania, registered in 2008, with $129,904,399 in FY2023 revenue. CharityIndex grades it B+, and it directs about 78% of spending to programs.
155 Wellness Way, State College, PA, 16803 EIN 51-0426500 Since 2008
Revenue (FY2023)
$129.9M
▲ 13.1% vs prior year
Health median: $840K
Expenses (FY2023)
$130.1M
Net assets
$11.4M
Employees
617
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B+
AProgram efficiency40% of the rating78% 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 Health Services Inc: 78% to programs · $0 to raise $100 earns a A on this criterion. See the exact thresholds →
C+Financial health25% of the rating1 mo reserves · -0% 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 Health Services Inc: 1 mo reserves · -0% margin earns a C+ 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 Health Services Inc: 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 Health Services Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Develop and provide professional services to support the mission of mount nittany health system.
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 $61.7M (FY2013) to $129.9M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $41.3MNet assets $11.4M
Operating margin
-0.2%
Spent more than it raised in the latest fiscal year.
Total assets
$52.7M
Total liabilities
$41.3M
Net assets
$11.4M
Salaries & benefits
$91.4M
70% of expenses
Board members
6
1 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $129,904,399▲13.1% | $130,126,328▲14.0% | $11,392,780▼1.9% | $52,734,706▲60.3% | 990 |
| 2022 | $114,890,171▲62.8% | $114,117,041▲4.3% | $11,614,709▲7.1% | $32,897,977▼5.3% | 990 |
| 2021 | $70,564,454▼42.2% | $109,415,752▲25.1% | $10,841,579▼78.2% | $34,744,736▼54.9% | 990 |
| 2020 | $122,027,068▲31.3% | $87,429,435▼10.9% | $49,692,877▲229% | $76,955,492▲49.7% | 990 |
| 2019 | $92,930,191▲2.9% | $98,115,726▲10.8% | $15,095,244▼25.6% | $51,409,788▲67.5% | 990 |
| 2018 | $90,302,902▲14.1% | $88,523,282▲7.1% | $20,280,779▲9.6% | $30,694,075▲4.6% | 990 |
| 2017 | $79,169,292▼9.5% | $82,629,819▲2.7% | $18,501,159▼15.8% | $29,352,311▼12.0% | 990 |
| 2016 | $87,463,396▲15.0% | $80,495,293▲9.0% | $21,961,686▲46.5% | $33,336,509▲32.3% | 990 |
| 2015 | $76,071,462▲9.5% | $73,849,229▲7.1% | $14,993,583▲17.4% | $25,188,262▲8.9% | 990 |
| 2014 | $69,474,207▲12.6% | $68,977,317▲16.1% | $12,771,350▲4.0% | $23,139,931▲9.2% | 990 |
| 2013 | $61,709,110 | $59,387,543▲6.2% | $12,274,460▲23.3% | $21,182,854▲25.2% | 990 |
| 2012 | — | $55,938,560▼6.5% | $9,952,893▼28.1% | $16,922,269▼17.3% | 990 |
| 2011 | — | $59,801,617▲53.1% | $13,842,506▼22.0% | $20,458,601▼13.4% | 990 |
| 2010 | — | $39,048,905▲734% | $17,744,798▲1689% | $23,628,578▲737% | 990 |
| 2009 | — | $4,684,833 | $991,755 | $2,824,419 | 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: Brian Spencer Do — $1,534,472 (1.18% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Brian Spencer Do | Physician | 40 | $1,534,472 |
| James Martin Md | Physician | 40 | $1,000,404 |
| Veeral Patel Md | Physician | 40 | $962,408 |
| Ronald Lakatos Md | Physician | 40 | $848,652 |
| Allison Yingling Md | Physician | 40 | $846,303 |
| Emily Peterson Md | Director | 40 | $668,432 |
| Christopher Yingling Md | Chair | 40 | $616,127 |
| Jeffrey Pro Md | Secretary/treasurer | 38 | $426,843 |
| Christopher Hester Md | Primary Care Chief | 40 | $408,650 |
| Dawn Tice | Chief Operating Officer | 40 | $402,095 |
| James Prowant | Chief Operating Officer | 40 | $385,457 |
| Bill Joseph | Director | 2 | — |
| Bryan Roach | Executive Vp & Cfo | 2 | — |
| Kathleen Rhine | Ceo/officer/director | 2 | — |
| Lance Rose | Former Ceo/officer/directo | 0 | — |
| R Kevin Murray | Director | 2 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Comphealth Medical Staff | Temporary Providers | $1,525,758 |
| Jackson & Coker | Temporary Providers | $483,533 |
| Medifis Consolidated | Temporary Providers | $327,002 |
| Infectious Disease Connect | Temporary Providers | $263,930 |
| Tegria Services Group | It Consulting Services | $232,730 |
Grants received · $295.9M total
9 grants to Mount Nittany Medical Center Health Services Inc totaling $295.9M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Mount Nittany Medical Center | Provide financial support to affiliate | 2023 | $47,279,720 |
| Mount Nittany Medical Center | Provide financial support to affiliate | 2022 | $36,789,710 |
| Mount Nittany Medical Center | Provide financial support to affiliate | 2020 | $52,755,392 |
| Mount Nittany Medical Center | Provide financial support to affiliate | 2019 | $30,774,211 |
| Mount Nittany Medical Center | Provide financial support to affiliate | 2018 | $24,713,518 |
| Mount Nittany Medical Center | Provide financial support to affiliate | 2017 | $17,109,561 |
| Mount Nittany Medical Center | Provide financial support to affiliate | 2016 | $34,937,569 |
| Mount Nittany Medical Center | Provide financial support to affiliate | 2015 | $26,471,026 |
| Mount Nittany Medical Center | Provide financial support to affiliate | 2014 | $25,088,563 |
Grants made · $6.8M in FY2021
1 grant totaling $6.8M in FY2021. All grants made by Mount Nittany Medical Center Health Services Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Mount Nittany Medical Center | Provide financial support to affiliate | $6,840,697 |
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Frequently asked questions
- Is Mount Nittany Medical Center Health Services Inc a legitimate nonprofit?
- Yes. Mount Nittany Medical Center Health Services Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 51-0426500, based in State College, Pennsylvania. Donations are tax-deductible.
- What is Mount Nittany Medical Center Health Services Inc's EIN?
- Mount Nittany Medical Center Health Services Inc's Employer Identification Number (EIN) is 51-0426500.
- How much revenue does Mount Nittany Medical Center Health Services Inc report?
- Mount Nittany Medical Center Health Services Inc reported $129,904,399 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Mount Nittany Medical Center Health Services Inc's spending goes to programs?
- Mount Nittany Medical Center Health Services Inc spends about 78% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Mount Nittany Medical Center Health Services Inc have?
- CharityIndex grades Mount Nittany Medical Center Health Services Inc B+, based on program efficiency and fundraising cost.
- How much does Mount Nittany Medical Center Health Services Inc's highest-paid employee make?
- The highest reported compensation on Mount Nittany Medical Center Health Services Inc's latest Form 990 is $1,534,472, paid to Brian Spencer Do (Physician).
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Data for Mount Nittany Medical Center Health Services Inc (EIN 51-0426500) 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.