Ohio County Hospital Corporation
- Assets
- $38.8m
- Revenue
- $66.4m
- Investments
- $0.0
- Employees
- 707
- Location
- Hartford, KY
- Founding
- 06/1985
- Data as of
- 09/2022
- EIN
- 31-1131099
Organization Overview
Ohio County Hospital Corporation, operating under the name Ohio County Healthcare, is located in Hartford, KY. The organization was established in 1985. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. As of 09/2022, Ohio County Healthcare employed 707 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ohio County Healthcare is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2022, Ohio County Healthcare generated $66.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.2% each year. All expenses for the organization totaled $63.4m during the year ending 09/2022. While expenses have increased by 7.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
OHIO COUNTY HEALTHCARE EXISTS TO HELP MAKE A DIFFERENCE BY CARING,SERVING AND EDUCATING INDIVIDUALS RELATIVE TO THEIR SPECIFIC HEALTH NEEDS. THROUGH THESE ACTIONS,THE GENERAL HEALTH OF OHIO COUNTY AND SURROUNDING AREAS WILL IMPROVE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MISSION OF OHIO COUNTY IS TO MAKE A DIFFERENCE IN THE LIVES OF OTHERS BY CARING, SERVING, AND EDUCATING INDIVIDUALS RELATIVE TO THEIR SPECIFIC HEALTH NEEDS. WE BELIEVE THAT THROUGH THESE ACTIONS, THE GENERAL HEALTH OF OHIO COUNTY HOSPITAL IS THE FRONTLINE OF COMMUNITY HEALTHCARE, PROVIDING A SAFETY NET 24 HOURS A DAY THROUGH OUR INPATIENT, OUTPATIENT AND EMERGENCY SERVICES. IN ORDER TO MEET THE CHANGING NEEDS OF THE COMMUNITY AND IMPROVE THE ACCESS TO HEALTH CARE, WE HAVE EXPANDED OUR SERVICES TO INCLUDE PRIMARY CARE AND SPECIALTY PHYSICIAN PRACTICES. AND WHILE PATIENTS BENEFIT FROM OUR BEING CLOSE BY, ULTIMATELY IT IS THE WHOLE COMMUNITY THAT PROSPERS FROM OUR PRESENCE. THE HOSPITAL'S POSITIVE IMPACT ON THE COMMUNITY EXTENDS WELL BEYOND THE FOUR WALLS OF THE FACILITY. OUR COMMUNITY BENEFIT INCLUDES NOT ONLY THE COST OF PROVIDING CARE TO THE UNINSURED AND INDIGENT BUT ALSO BY IDENTIFYING UNMET COMMUNITY OR PUBLIC HEALTH NEEDS AND SEEKING TO ADDRESS THEM. EXAMPLES OF SUCH EFFORTS INCLUDING SUPPLYING CHILDHOOD IMMUNIZATION VACCINES TO OUR LOCAL HEALTH DEPARTMENT AT NO CHARGE. BECOMING A SMOKE-FREE FACILITY, AND OFFERING FREE SMOKING CESSATION COURSES SEVERAL TIMES A YEAR TO ALL COMMUNITY MEMBERS. OHIO COUNTY HOSPITAL WAS THE FOUNDING MEMBER OF A LOCAL HEALTH COALITION WHOSE FOCUS IS TO IMPLEMENT PREVENTATIVE HEALTH ACTIVITIES TO COMBAT THE LACK OF PHYSICAL ACTIVITY AND THE PREVELENCE OF OBESITY IN OUR AREA. WHETHER IT'S THROUGH THE PEOPLE WE EMPLOY, THE LOCAL BUSINESSES WE USE, OR THE CHARITIES AND COMMUNITY ACTIVITIES WE SUPPORT, WE ARE COMMITTED TO MAKING THE OHIO COUNTY AREA A HEALTHIER PLACE TO LIVE AND WORK. DURING THE FISCAL YEAR 2022, THE HOSPITAL PROVIDED HEALTH CARE SERVICES TO OHIO COUNTY KENTUCKY AND SURROUNDING AREAS, INCLUDING INPATIENT, OUTPATIENT, AND EMERGENCY SERVICES. OHIO COUNTY HOSPITAL PROVIDED $216,020 OF CHARITY CARE THROUGH ITS CHARITY CARE PROGRAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jonathan Shrewsbury Od Director | Trustee | 2 | $0 |
Jim Duke President | OfficerTrustee | 2 | $0 |
Kelly Roe Sec/treasurer | OfficerTrustee | 2 | $0 |
Carla Wallace Vice President | OfficerTrustee | 2 | $0 |
Eddie Embry Director | Trustee | 2 | $0 |
Lloyd Spivey Director | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Quorom Health Resources Management Fees | 9/29/22 | $308,722 |
Dr Anderson Ray Rowland Physician Services | 9/29/22 | $245,500 |
Krista Smith Cleaning Services | 9/29/22 | $174,472 |
Bruckner Strategies Llc Marketing | 9/29/22 | $127,899 |
Curas Software Services | 9/29/22 | $101,510 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,670,327 |
| All other contributions, gifts, grants, and similar amounts not included above | $70,575 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,740,902 |
| Total Program Service Revenue | $59,062,976 |
| Investment income | $187,916 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$20,838 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $66,374,155 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $559,729 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $28,000,679 |
| Pension plan accruals and contributions | $219,998 |
| Other employee benefits | $3,134,072 |
| Payroll taxes | $1,949,282 |
| Fees for services: Management | $308,722 |
| Fees for services: Legal | $73,655 |
| Fees for services: Accounting | $86,635 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $7,038,632 |
| Advertising and promotion | $120,132 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,205,800 |
| Travel | $83,195 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $33,989 |
| Interest | $251,816 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,286,224 |
| Insurance | $627,449 |
| All other expenses | $290,698 |
| Total functional expenses | $63,407,939 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,524,832 |
| Savings and temporary cash investments | $103,530 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $7,871,160 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $867,272 |
| Inventories for sale or use | $1,527,673 |
| Prepaid expenses and deferred charges | $313,443 |
| Net Land, buildings, and equipment | $16,967,590 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $647,900 |
| Total assets | $38,823,400 |
| Accounts payable and accrued expenses | $3,929,607 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $10,382,257 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,771,492 |
| Total liabilities | $16,083,356 |
| Net assets without donor restrictions | $22,740,044 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $38,823,400 |