Ephraim Mcdowell Health Inc

Organization Overview

Ephraim Mcdowell Health Inc is located in Danville, KY. The organization was established in 1999. 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. As of 09/2023, Ephraim Mcdowell Health Inc employed 28 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ephraim Mcdowell 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 09/2022, Ephraim Mcdowell Health Inc generated $8.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.5% each year. All expenses for the organization totaled $6.9m during the year ending 09/2022. While expenses have increased by 1.7% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

EPHRAIM MCDOWELL HEALTH IS COMMITTED TO HELPING PEOPLE LIVE HEALTHIER THROUGH QUALITY HEALTH CARE, TRUSTING RELATIONSHIPS, AND PROVIDING VALUE TO THE PEOPLE WE SERVE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE EPHRAIM MCDOWELL HEALTH SYSTEM IS A COMPREHENSIVE, INTEGRATED HEALTHCARE DELIVERY SYSTEM THAT SERVICES MORE THAN 119,000 RESIDENTS FROM SIX COUNTIES IN CENTRAL KENTUCKY. OUR COMPREHENSIVE RANGE OF MEDICAL SERVICES INCLUDES THE REGION'S MOST ADVANCED TECHNOLOGY AND SKILLED HEALTH CARE PROVIDERS. SEE SCHEDULE O FOR ADDITIONAL INFORMATION.


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Board, Officers & Key Employees

Name (title)Compensation
Name Not Listed
President & CFO
$792,327
Name Not Listed
Vice Chair
$7,450
Name Not Listed
Chair
$3,450
Name Not Listed
Secretary
$3,450
Name Not Listed
Treasurer
$3,600
Name Not Listed
Board Member
$25,150

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Moore Law Group Llc
Legal Services
$200,000
Benson Law Offices
Legal Services
$180,660
Wyatt Tarrant & Combs Llp
Legal Services
$126,430
Stoll Keenon & Ogden Pllc
Legal Services
$153,434
Rose Grashch Camenisch Mains Pllc
Legal Services
$125,000
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$7,179
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$7,179
Total Program Service Revenue$5,745,467
Investment income $3,114,746
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $4,769
Net Gain/Loss on Asset Sales -$26,547
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $8,895,600

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