University Medical Center Inc
74% goes to programs $0 to raise $100 Strong reserves Growing revenue
University Medical Center Inc is a 501(c)(3) organization based in Louisville, Kentucky, registered in 1996, with $902,894,411 in FY2023 revenue. CharityIndex grades it A, and it directs about 74% of spending to programs.
530 S Jackson St, Louisville, KY, 40202 EIN 61-1293786 Since 1996
Revenue (FY2023)
$902.9M
▲ 2.4% vs prior year
Health median: $840K
Expenses (FY2023)
$875.6M
Net assets
$565.7M
Employees
13,292
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 rating74% 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 University Medical Center Inc: 74% to programs · $0 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating8 mo reserves · +3% 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 University Medical Center Inc: 8 mo reserves · +3% 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 University Medical Center 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 University Medical Center Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
To provide care to our community and to serve as a major teaching hospital for education and training in medicine, dentistry, nursing, and allied health professions.
Contact & location
- Address
- 530 S Jackson St, Louisville, KY, 40202
- City
- Louisville
- State
- Kentucky
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $525.6M (FY2013) to $902.9M (FY2023) across 10 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $417.3MNet assets $565.7M
Operating margin
3.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$983.0M
Total liabilities
$417.3M
Net assets
$565.7M
Salaries & benefits
$263.7M
30% of expenses
Board members
11
2 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $902,894,411▲2.4% | $875,623,841▲5.5% | $565,734,920▼2.3% | $983,044,796▲1.0% | 990 |
| 2022 | $881,901,073▲6.8% | $829,626,884▲11.5% | $579,097,165▼1.2% | $972,904,316▼4.4% | 990 |
| 2021 | $825,548,326▲18.2% | $743,827,728▲9.2% | $585,920,846▲98.1% | $1,018,010,392▲37.6% | 990 |
| 2020 | $698,552,044▲9.7% | $681,386,872▲14.2% | $295,783,005▲4.9% | $739,889,008▼4.0% | 990 |
| 2019 | $636,566,362▲9.3% | $596,910,033▲8.5% | $281,889,484▲23.4% | $770,505,785▲50.5% | 990 |
| 2018 | $582,668,370▲25.1% | $550,114,070▲3.5% | $228,439,655▲11.3% | $511,839,650▲12.9% | 990 |
| 2017 | $465,758,211▼24.3% | $531,314,621▼8.0% | $205,211,035▼40.0% | $453,418,616▼12.4% | 990 |
| 2015 | $615,129,385▲6.7% | $577,386,457▲10.5% | $342,184,350▲11.9% | $517,524,055▲7.1% | 990 |
| 2014 | $576,430,416▲9.7% | $522,753,463▲5.4% | $305,892,955▲21.3% | $483,186,223▲13.8% | 990 |
| 2013 | $525,562,508 | $496,084,506▲77.6% | $252,216,002▲7536% | $424,670,418▲7.6% | 990 |
| 2012 | — | $279,397,351▼39.1% | -$3,391,661▼102% | $394,584,247▲16.3% | 990 |
| 2011 | — | $459,090,321▲5.4% | $158,159,391▼4.6% | $339,359,007▲2.7% | 990 |
| 2010 | — | $435,621,628 | $165,852,629 | $330,429,832 | 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: Thomas D Miller — $1,708,193 (0.20% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Thomas D Miller | Ceo, Uofl Health/sec./treas | 18 | $1,708,193 |
| Ken Marshall | Coo, Uofl Health | 18 | $999,858 |
| Michael Douzuk Jr | Cfo, Uofl Health (end 2023) | 18 | $705,824 |
| Kirk Strack | Cfo, Uofl Health | 18 | $611,197 |
| Shari Kretzschmer | Vp Pateint Services | 20 | $559,493 |
| Terry Johnson | Sr. Vp Human Resources | 24 | $554,415 |
| Deborah F Mullins | Cio, Uofl Health | 20 | $502,736 |
| James Rayome | Associate Counsel Ulh | 40 | $473,613 |
| Paul Nagy | Vp Contracting | 40 | $403,492 |
| Theresa Scholl | Vp Revenue Cycle | 40 | $372,607 |
| Robert A Vanbuskirk | Vp Supply Chain Ops | 40 | $362,758 |
| Pamela Akins | Vp Patient Care Services | 40 | $350,236 |
| Stephen Amsler | Vp Plant Operations | 40 | $344,121 |
| Saundra Denham | Sr. Vp Compliance | 24 | $343,011 |
| Robert Fink | System Dir, Pharmacy Services | 40 | $327,997 |
| Kami Walker | Executive Director Quality | 40 | $311,698 |
| Darrn Powell | Avp of Applications | 40 | $234,921 |
| Michael Goode | Director - Imaging Services | 40 | $232,780 |
| Kathryn Brogan | Dir Clinical Pharmacy Services | 40 | $119,209 |
| Kimberly Rallis | Exec Dir Transplant Program | 40 | $109,065 |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Allied Universal Security Services | Security | $13,762,648 |
| Allied Universal Security Services | Security | $13,762,648 |
| Crothall Healthcare | Environmental Services | $9,248,164 |
| Crothall Healthcare | Environmental Services | $9,248,164 |
| Rocky Mountain Logistics Inc | Delivery Services | $2,838,920 |
| Rocky Mountain Logistics Inc | Delivery Services | $2,838,920 |
| Pacific Interpreters | Interpreters | $1,892,436 |
| Pacific Interpreters | Interpreters | $1,892,436 |
| Lmh-mar Architecture | Architectural Services | $1,848,142 |
| Lmh-mar Architecture | Architectural Services | $1,848,142 |
Grants received · $509K total
6 grants to University Medical Center Inc totaling $509K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| University of Pittsburgh | Research- subcontract | 2022 | $8,990 |
| Jewish Hospital & St Marys Healthcare Inc | General support | 2018 | $48,500 |
| Jewish Hospital & St Marys Healthcare Inc | General support | 2017 | $19,605 |
| Jewish Hospital & St Marys Healthcare Inc | General support | 2016 | $300,000 |
| Patient Access Network Foundation | Patient assistance | 2015 | $110,104 |
| Patient Access Network Foundation | Patient assistance | 2014 | $21,793 |
Grants made · $15.8M in FY2023
4 grants totaling $15.8M in FY2023. All grants made by University Medical Center Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| University of Louisville Inc | Operational support of the university | $7,500,000 |
| University of Louisville Inc | Operational support of the university | $7,500,000 |
| Sos International Inc | Donation of dry medical supplies to other countries and communities in need | $403,450 |
| Sos International Inc | Donation of dry medical supplies to other countries and communities in need | $403,450 |
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Frequently asked questions
- Is University Medical Center Inc a legitimate nonprofit?
- Yes. University Medical Center Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 61-1293786, based in Louisville, Kentucky. Donations are tax-deductible.
- What is University Medical Center Inc's EIN?
- University Medical Center Inc's Employer Identification Number (EIN) is 61-1293786.
- How much revenue does University Medical Center Inc report?
- University Medical Center Inc reported $902,894,411 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of University Medical Center Inc's spending goes to programs?
- University Medical Center Inc spends about 74% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does University Medical Center Inc have?
- CharityIndex grades University Medical Center Inc A, based on program efficiency and fundraising cost.
- How much does University Medical Center Inc's highest-paid employee make?
- The highest reported compensation on University Medical Center Inc's latest Form 990 is $1,708,193, paid to Thomas D Miller (Ceo, Uofl Health/sec./treas).
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Data for University Medical Center Inc (EIN 61-1293786) 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.