CUMBERLAND FAMILY MEDICAL CENTER INC

EIN: 203131989 501(c)(3) Health Care

BURKESVILLE, KY

Total Revenue
$109,778,850
Total Expenses
$102,535,688
Total Assets
$77,855,194
Net Assets
$65,842,382
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2005
Legal Domicile
KY
Principal Officer
RYAN SMITH
Phone
2708642889
Tax Period
2023-01-01 to 2023-12-31

CUMBERLAND FAMILY MEDICAL CENTER INC, founded in 2005, is a major nonprofit in the Health Care sector that reported $109.8M in total revenue in fiscal year 2023. Expenses of $102.5M left a modest 7% surplus.

Mission

TO INCREASE ACCESS TO COMPREHENSIVE PRIMARY AND PREVENTATIVE HEALTH CARE TO ELIMINATE HEALTH DISPARITIES TO THE MEDICALLY UNDERINSURED. WE STRIVE THROUGH CONTINUOUS QUALITY IMPROVEMENT TO MEET THE NEEDS OF THE SERVICE AREA BY PROVIDING PRIMARY PATIENT CARE IN AN ENVIRONMENT THAT FOCUSES ON PREVENTION OF ILLNESS, THEREFORE, IMPROVING THE QUALITY OF LIFE.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $9,587,744
Program Service Revenue $92,054,546
Investment Income $932,838
Other Revenue $7,203,722
TOTAL REVENUE $109,778,850

Expense Breakdown

Grants Paid $235,463
Salaries & Benefits $81,282,572
Fundraising Expenses $0
Program Expenses $84,226,272
Other Expenses $21,017,653
TOTAL EXPENSES $102,535,688

Year-over-Year Comparison

2023 2022 Change
Revenue $109,778,850 $110,863,214 0.0%
Expenses $102,535,688 $108,159,818 -0.1%
Net Income $7,243,162 $2,703,396 +1.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
11
Independent Members
11
Employees
1230
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$1,492,803
Total Directors
11
$14,358
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BECKY RADFORD TREASURER 1.00
Officer Director
$1,582 $0 $1,582
GARYON SCOTT BOARD MEMBER 1.00
Director
$1,582 $0 $1,582
JIM FLOWERS BOARD MEMBER 1.00
Director
$1,338 $0 $1,338
BRIDGET BOOHER CHAIRPERSON 2.00
Officer Director
$1,460 $0 $1,460
KEITH RIDDLE VICE CHAIRPERSON 1.00
Officer Director
$1,217 $0 $1,217
TERRY GRIDER BOARD MEMBER 1.00
Director
$1,217 $0 $1,217
LACEY TERRY BOARD MEMBER 1.00
Director
$852 $0 $852
PAULA LITTLE BOARD MEMBER 1.00
Director
$1,338 $0 $1,338
LISA TARTER BOARD MEMBER 1.00
Director
$1,460 $0 $1,460
JOSH HARDEN SECRETARY 1.00
Officer Director
$852 $0 $852
ELIZABETH EVERLEY BOARD MEMBER 1.00
Director
$1,460 $0 $1,460
ERIC LOY MD CEO/MED DIR/PHYSICIAN 40.00
Officer
$1,259,390 $50,213 $1,309,603
RYAN SMITH CFO 40.00
Officer
$158,996 $19,093 $178,089
MARK WAINWRIGHT DO PHYSICIAN 40.00
Highest
$575,536 $37,424 $612,960
STEPHEN HALL MD PHYSICIAN 40.00
Highest
$589,370 $35,924 $625,294
ANGELA SAXENA MD PHYSICIAN 40.00
Highest
$525,270 $29,696 $554,966
JOHN BRUNER MD PHYSICIAN 40.00
Highest
$445,410 $47,810 $493,220
AMANDA HESS MD PHYSICIAN 40.00
Highest
$508,977 $49,145 $558,122
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $109,778,850 $102,535,688 $77,855,194 $7,243,162
2022 $110,863,214 $108,159,818 $69,713,449 $2,703,396
2021 $114,273,656 $135,942,458 $65,128,853 $-21,668,802
2020 $101,135,310 $99,573,384 $84,427,430 $1,561,926
2019 $82,996,121 $69,986,574 $81,955,709 $13,009,547
2018 $65,906,572 $50,671,468 $68,093,839 $15,235,104
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