Kentuckyone Health Inc
- Assets
- $15.2m
- Revenue
- $12.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Lexington, KY
- Founding
- 11/2002
- Data as of
- 06/2022
- EIN
- 61-1029769
Organization Overview
Kentuckyone Health Inc is located in Lexington, KY. The organization was established in 2002. According to its NTEE Classification (E12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kentuckyone Health Inc 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 06/2022, Kentuckyone Health Inc generated $12.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (28.3%) each year. All expenses for the organization totaled $18.6m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (22.5%) per year over the past 7 years. 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
KENTUCKYONE HEALTH'S VISION IS TO BE THE PREMIER, INTEGRATED, COMPREHENSIVE HEALTH SYSTEM IN THE COMMUNITY PROVIDING HIGH QUALITY CARE CLOSE TO HOME, REDUCING THE INCIDENCE OF DISEASE AND ELIMINATING INEQUITIES IN ACCESS TO HEALTHCARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2012, KENTUCKYONE HEALTH, INC. WAS FORMED WHEN TWO MAJOR KENTUCKY HEALTHCARE ORGANIZATIONS, SAINT JOSEPH HEALTH SYSTEM, INC. (SJHS) AND JEWISH HOSPITAL & ST. MARY'S HEALTHCARE, CAME TOGETHER TO WORK FOR A HEALTHIER KENTUCKY BY INTEGRATING MEDICAL RESEARCH, EDUCATION, TECHNOLOGY AND HEALTH CARE SERVICES WHEREVER PATIENTS RECEIVE CARE.KENTUCKYONE HEALTH, INC. DIVESTED THE JEWISH HOSPITAL & ST. MARY'S HEALTHCARE PORTION OF ITS OPERATIONS NOVEMBER 1, 2019. THE REMAINING KENTUCKYONE HEALTH, INC. INCLUDES OVER 100 LOCATIONS INCLUDING PHYSICIAN GROUPS, CLINICS, PRIMARY CARE CENTERS, AND HOSPITALS WITH MORE THAN 900 LICENSED BEDS.KENTUCKYONE HEALTH, INC. INCLUDES CHI SAINT JOSEPH HEALTH PARTNERS, WHO BELIEVES THE RELATIONSHIP BETWEEN A PATIENT AND THEIR PRIMARY CARE PROVIDER SHOULD BE ONE OF THE MOST COLLABORATIVE AN INDIVIDUAL WILL HAVE IN THEIR LIFETIME. IT MEANS WE WILL DO OUR VERY BEST TO ENSURE THAT THE RIGHT CARE IS DELIVERED AT THE RIGHT TIME AND AT THE RIGHT PLACE. IT INCLUDES A PROMISE TO COMMUNICATE CLEARLY AND TO COORDINATE SERVICES CORRECTLY AND PROACTIVELY. WE ARE UNIQUELY POSITIONED TO MAKE A REAL DIFFERENCE IN THE HEALTH OF KENTUCKIANS, CHI SAINT JOSEPH HEALTH PARTNERS IS AN EVER-GROWING NETWORK OF CLINICAL PROVIDERS WHO ARE DEDICATED TO IMPROVING THE HEALTH AND QUALITY OF CARE FOR THOSE WE SERVE. WE BRING TOGETHER THE WHOLE SPECTRUM OF CARE BY COORDINATING A NETWORK OF PROVIDERS SPANNING THE STATE, INCLUDING HUNDREDS OF CARE DELIVERY POINTS INCLUDING HOSPITALS, SKILLED NURSING FACILITIES, AMBULATORY CARE CENTERS AND CLINICAL OFFICES ALL FOCUSED ON SUPPORTING PATIENTS' HEALTH GOALS. WE ARE COMMITTED TO COORDINATING EVIDENCE-BASED, COST-EFFECTIVE SERVICES ACROSS THE LIFESPAN OF THOSE WE SERVE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Larry Schumacher Svp-Operations-Ceo | OfficerTrustee | 1 | $0 |
Martha Jones Chair | OfficerTrustee | 1 | $0 |
Mary-Alicha Weldon Vice Chair | OfficerTrustee | 1 | $0 |
Troy Hammett Div SVP CFO | Officer | 1 | $0 |
William George ESQ Secretary/corporate Counsel | Officer | 1 | $0 |
Christy Spitser Treasurer/market VP | Officer | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Blue & Co Llc Consulting | 6/29/22 | $232,324 |
Conifer Value-based Care Llc Healthcare Consulting | 6/29/22 | $166,770 |
Fti Consulting Business Consulting | 6/29/22 | $147,640 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $58,120 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $58,120 |
| Total Program Service Revenue | $11,907,084 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $122,083 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $12,087,828 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,851 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,837,091 |
| Advertising and promotion | $0 |
| Office expenses | $153,671 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $308,173 |
| Travel | $20,526 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,194 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | -$235,812 |
| Total functional expenses | $18,572,982 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,448,826 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $6,043 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $10,751,267 |
| Total assets | $15,206,136 |
| Accounts payable and accrued expenses | $50,894,375 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $15,496,821 |
| Total liabilities | $66,391,196 |
| Net assets without donor restrictions | -$51,185,060 |
| 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 | $15,206,136 |
Grants Awarded
Over the last fiscal year, Kentuckyone Health Inc has awarded $1,051,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Louisville, KY PURPOSE: COMMUNITY SUPPORT | $1,000,000 |
Pikeville, KY PURPOSE: COMMUNITY SUPPORT | $51,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Kentuckyone Health Inc has recieved totaling $35,050.
| Awarding Organization | Amount |
|---|---|
The Community Foundatio Of Louisville Depository Inc Louisville, KY PURPOSE: E20 HOSPITALS AND PRIMARY MEDICAL CARE FACILITIES | $17,525 |
The Community Foundatio Of Louisville Depository Inc Louisville, KY PURPOSE: E20 HOSPITALS AND PRIMARY MEDICAL CARE FACILITIES | $17,525 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Northwest Community Healthcare Arlington Heights, IL | $634,169,512 | $38,406,845 |
Anderson Healthcare Maryville, IL | $41,437,636 | $29,425,681 |
Elizabeth Gamble Deaconess Home Association Cincinnati, OH | $1,636,339,650 | $77,696,826 |
Advocate Charitable Foundation Downers Grove, IL | $200,973,412 | $44,400,105 |
Kosair Charities Committee Inc Louisville, KY | $326,895,406 | $23,053,795 |
Kentuckyone Health Inc Lexington, KY | $15,206,136 | $12,087,828 |
Hospital Sisters Of St Francis Foundation Inc Springfield, IL | $115,855,911 | $14,666,018 |
Ascension Care Management Insurance Holdings St Louis, MO | $337,485,264 | $76,291,210 |
Community Health Network Foundation Inc Indianapolis, IN | $96,702,775 | $20,395,245 |
Mosaic Health System St Joseph, MO | $1,008,013,378 | $78,795,144 |
Metrohealth Foundation Inc Cleveland, OH | $88,791,792 | $21,235,092 |
Community First Solutions Hamilton, OH | $99,479,120 | $13,306,151 |