Owensboro Health Regional Hospital
77% goes to programs $0 to raise $100 Strong reserves Growing revenue
Owensboro Health Regional Hospital is a 501(c)(3) organization based in Owensboro, Kentucky, registered in 1995, with $888,669,741 in FY2024 revenue. CharityIndex grades it A, and it directs about 77% of spending to programs.
1201 Pleasant Valley Rd, Owensboro, KY, 42303 EIN 61-1286361 Since 1995
Revenue (FY2024)
$888.7M
▲ 8.1% vs prior year
Health median: $840K
Expenses (FY2024)
$738.6M
Net assets
$1.3B
Employees
3,953
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 rating77% 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 Owensboro Health Regional Hospital: 77% to programs · $0 to raise $100 earns a B+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating21 mo reserves · +17% 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 Owensboro Health Regional Hospital: 21 mo reserves · +17% 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 Owensboro Health Regional Hospital: 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 Owensboro Health Regional Hospital: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Owensboro health, inc. exists to heal the sick and improve the health of the communities we serve.
Contact & location
- Address
- 1201 Pleasant Valley Rd, Owensboro, KY, 42303
- City
- Owensboro
- State
- Kentucky
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $450.4M (FY2013) to $888.7M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $1.6BNet assets $1.3B
Operating margin
16.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.8B
Total liabilities
$1.6B
Net assets
$1.3B
Salaries & benefits
$254.3M
34% of expenses
Board members
16
14 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $888,669,741▲8.1% | $738,597,649▲6.7% | $1,283,786,658▲13.4% | $2,841,051,978▲15.7% | 990 |
| 2023 | $822,447,186▲5.2% | $692,038,189▲1.6% | $1,132,041,967▲14.7% | $2,454,793,215▲20.6% | 990 |
| 2022 | $781,700,525▲5.1% | $681,442,951▲7.3% | $987,277,976▲11.2% | $2,035,494,750▲17.2% | 990 |
| 2021 | $743,805,012▲4.8% | $635,110,946▲13.5% | $888,165,508▲8.4% | $1,736,352,747▲3.0% | 990 |
| 2020 | $709,904,993▲10.9% | $559,560,339▼1.2% | $819,285,582▲24.5% | $1,685,340,581▲10.1% | 990 |
| 2019 | $640,081,683▲3.3% | $566,578,548▲4.5% | $658,293,508▲13.5% | $1,531,261,789▲11.8% | 990 |
| 2018 | $619,878,640▲4.4% | $542,317,067▲6.8% | $580,185,089▲13.6% | $1,369,224,739▲5.1% | 990 |
| 2017 | $593,498,773▲3.1% | $507,666,226▼15.6% | $510,944,747▲20.2% | $1,302,588,540▲5.5% | 990 |
| 2016 | $575,711,504▲4.1% | $601,816,675▲14.0% | $424,912,532▼4.3% | $1,234,473,746▲3.1% | 990 |
| 2015 | $553,167,141▲16.5% | $527,774,561▲17.6% | $444,041,671▲2.8% | $1,197,529,272▲11.1% | 990 |
| 2014 | $474,982,039▲5.5% | $448,884,996▲0.6% | $431,921,642▲3.7% | $1,077,985,694▲3.7% | 990 |
| 2013 | $450,359,148 | $445,988,596▲6.9% | $416,328,360▲4.4% | $1,039,815,614▼1.8% | 990 |
| 2012 | — | $417,131,776▲13.1% | $398,787,386▲7.1% | $1,059,315,250▲1.4% | 990 |
| 2011 | — | $368,831,686▲4.8% | $372,379,908▲5.2% | $1,044,932,854▲3.3% | 990 |
| 2010 | — | $351,979,111▲5.4% | $354,131,279▲27.8% | $1,011,764,539▲9.6% | 990 |
| 2009 | — | $333,795,170 | $277,126,823 | $923,430,789 | 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: Mark Marsh — $1,331,050 (0.18% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Mark Marsh | President and Ceo | 38 | $1,331,050 |
| Francis J Dufrayne Md | Chief Medical Officer | 40 | $900,892 |
| Mia M Suter | Chief Administrative Officer | 40 | $700,613 |
| Ernest E Begley II | Chief Legal Officer | 40 | $644,674 |
| Russell S Ranallo | Chief Financial Officer | 38 | $609,034 |
| Beth R Steele | Chief Operating Officer-ohrh | 40 | $606,337 |
| Bill J Bryant Md | Vp Quality and Patient Safety | 40 | $597,794 |
| Michael B Kelley | Vp Medical Affairs, Ohrh (termed 01/02/25) | 40 | $558,277 |
| James E Tidwell III Md | Vp Population Health Services | 40 | $532,847 |
| Philip E Smith | Chief Business Development Officer | 40 | $485,821 |
| Edward L Heath Jr | Ceo - Ohmch | 45 | $453,656 |
| Ruby J Jacildo | Svp Accounting and Controller | 40 | $356,155 |
| Joan M Sims | Vp Patient Care Svcs and Cno - Ohrh | 40 | $317,222 |
| Kathleen Myer | Vp Patient Care Services and Cno-ohmch | 45 | $317,023 |
| Christopher Sale | Vp of Operations | 40 | $297,316 |
| Ramona C Hieneman | Vp Associate General Counsel | 40 | $296,935 |
| Gary Clark | Vp Analytics | 40 | $285,854 |
| Jason B Collins | Executive Director of Pharmacy | 40 | $239,489 |
| Teresa A Rascoe | Executive Director of Human Resources | 40 | $233,311 |
| Edwina Stafford | Nursing Supervisor - Ohmch | 50 | $229,882 |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Optum | Mgmt of Rev Cycle and Inf Tech Svc | $65,202,838 |
| Commonwealth Anesthesiapsc | Anesthesia Services | $11,019,480 |
| Morrison Healthcare Food Svc | Food Services | $7,453,753 |
| Louisville Rad Imaging Cnslts | Radiology Services | $7,050,417 |
| University of Louisville | Residency Program | $6,866,834 |
Grants received · $20K total
2 grants to Owensboro Health Regional Hospital totaling $20K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Patient Access Network Foundation | Patient assistance | 2015 | $10,828 |
| Patient Access Network Foundation | Patient assistance | 2014 | $9,297 |
Grants made · $1.7M in FY2024
21 grants totaling $1.7M in FY2024 — showing the 15 largest. All grants made by Owensboro Health Regional Hospital →
| Recipient | Purpose | Amount |
|---|---|---|
| Owensboro Health Foundation Inc | Community support | $1,079,552 |
| Muhlenberg County Board of Education | Community support | $198,160 |
| Yourcause LLC | Community support | $70,137 |
| Senior Community Center of Owensboro-daviess County Inc | Community support | $41,854 |
| Grayson County Board of Education | Community support | $35,000 |
| Green River Community Food Warehouse | Community support | $30,000 |
| Puzzle Pieces Inc | Community support | $30,000 |
| Green River District Health Department | Community support | $27,499 |
| Hospice & Palliative Care of the Ohio Valley Inc | Community support | $25,000 |
| Owensboro Farmers Market Inc | Community support | $25,000 |
| University of Louisville | Community support | $20,000 |
| International Bluegrass Music Museum Inc | Community support | $18,000 |
| Sos International Inc | Community support | $18,000 |
| Cannelton Food Pantry | Community support | $17,500 |
| Daviess County Extension District | Community support | $14,410 |
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Compare Owensboro Health Regional Hospital
Frequently asked questions
- Is Owensboro Health Regional Hospital a legitimate nonprofit?
- Yes. Owensboro Health Regional Hospital is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 61-1286361, based in Owensboro, Kentucky. Donations are tax-deductible.
- What is Owensboro Health Regional Hospital's EIN?
- Owensboro Health Regional Hospital's Employer Identification Number (EIN) is 61-1286361.
- How much revenue does Owensboro Health Regional Hospital report?
- Owensboro Health Regional Hospital reported $888,669,741 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Owensboro Health Regional Hospital's spending goes to programs?
- Owensboro Health Regional Hospital spends about 77% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Owensboro Health Regional Hospital have?
- CharityIndex grades Owensboro Health Regional Hospital A, based on program efficiency and fundraising cost.
- How much does Owensboro Health Regional Hospital's highest-paid employee make?
- The highest reported compensation on Owensboro Health Regional Hospital's latest Form 990 is $1,331,050, paid to Mark Marsh (President and Ceo).
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Data for Owensboro Health Regional Hospital (EIN 61-1286361) 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.