SHELBYVILLE, IN
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Sign In — Free (10 views/day)MAJOR HOSPITAL FOUNDATION, founded in 1962, is a community nonprofit in the Health Care sector that reported $1.3M in total revenue in fiscal year 2023. The organization ran a surplus of $503K, a strong 38% operating margin.
OUR MISSION IS TO SUPPORT THE MHP MEDICAL CENTER/MAJOR HOSPITAL, ORGANIZATIONS SUPPORTING THE MISSION OF MHP, AND OUR PATIENTS BY HELPING FINANCE PURCHASES OF MEDICAL TECHNOLOGY AND EQUIPMENT, CAPITAL PROJECTS, PATIENT SUPPORT AND ASSISTANCE, AND EDUCATION FOR OUR STAFF AND COMMUNITY.
MAJOR HOSPITAL AND CAPITAL PROJECTS FUNDING: DURING 2023, THE FOUNDATION GRANTED $100,000 FOR THE CONSTRUCTION OF THE SUE ANN WORTMAN NEPHROLOGY CENTER. THE CAPITAL FUND DISBURSED $18,939 FOR THE...
MAJOR HOSPITAL AND CAPITAL PROJECTS FUNDING: DURING 2023, THE FOUNDATION GRANTED $100,000 FOR THE CONSTRUCTION OF THE SUE ANN WORTMAN NEPHROLOGY CENTER. THE CAPITAL FUND DISBURSED $18,939 FOR THE PURCHASE OF A RETINAL SCANNER
MHP COMMUNITY HEALTH INITIATIVES: THE FOUNDATION CHANGED ITS BY-LAWS IN 2021 TO ALLOW IT TO SUPPORT MAJOR HEALTH PARTNERS' COMMUNITY HEALTH INITIATIVES. THE FOUNDATION GRANTED $3,819 TO SUPPORT THE...
MHP COMMUNITY HEALTH INITIATIVES: THE FOUNDATION CHANGED ITS BY-LAWS IN 2021 TO ALLOW IT TO SUPPORT MAJOR HEALTH PARTNERS' COMMUNITY HEALTH INITIATIVES. THE FOUNDATION GRANTED $3,819 TO SUPPORT THE SHELBY SENIOR SERVICES' SHELBY GO PROGRAM TO HELP REMOVE TRANSPORTATION BARRIERS TO AND FROM MEDICAL APPOINTMENTS FOR PATIENTS IN 2023. THE FOUNDATION ALSO GRANTED $6,750 IN A BIKE SHARE, $5,000 FOR BRIDGE MINISTRIES, AND $4,000 FOR LIBRARY INITIATIVES.THE FOUNDATION PAID $100,000 TO SUPPORT MEMBERSHIP SCHOLARSHIPS FOR THE NEW SHELBY COUNTY YMCA.
PATIENT AND FAMILY SUPPORT AND CHARITY CARE FUNDING: THE PRESCRIPTION ASSISTANCE PROGRAM DISBURSED $2,522 TO PURCHASE 25 PRESCRIPTIONS FOR PATIENTS WHO COULD NOT AFFORD THEM. THIS ASSISTANCE IS...
PATIENT AND FAMILY SUPPORT AND CHARITY CARE FUNDING: THE PRESCRIPTION ASSISTANCE PROGRAM DISBURSED $2,522 TO PURCHASE 25 PRESCRIPTIONS FOR PATIENTS WHO COULD NOT AFFORD THEM. THIS ASSISTANCE IS SHORT-TERM FOR ONE OR TWO CYCLES OF PRESCRIPTIONS WHILE CASE MANAGERS WORK, WHEN NECESSARY, TO FIND LONG TERM PRESCRIPTION ASSISTANCE FOR THE PATIENT. THE PROGRAM PREVENTS COSTLY READMISSIONS OF INPATIENTS AND HELPS KEEP OUTPATIENTS HEALTHY SO THAT THEY ARE NOT ADMITTED FOR SOMETHING THAT COULD HAVE BEEN PREVENTED WITH MEDICATION. THE CHARITY CARE FUND PROVIDED $13,363 TO ASSIST 110 PATIENTS WITH HEART SCREENINGS AND MEDICAL EQUIPMENT, AND PROVIDED $8,745 FOR MENTAL HEALTH PATIENTS.THE PATIENT AND FAMILY SUPPORT FUND DISBURSED $6,101 IN SMALL HEALTHCARE RELATED ITEMS FOR PATIENTS DURING RECOVERY, HELPING TO REDUCE UNNEEDED STRESS DURING THEIR HOSPITAL STAY. IN MOST CASES, THE ITEMS HELPED PATIENTS TRANSITION MORE SUCCESSFULLY TO HOME OR A REHABILITATION FACILITY. TRANSPORTATION IS AN INCREASING NEED, AND THE PATIENT AND FAMILY SUPPORT FUND HELPED SUPPORT THAT PROGRAM AS WELL. THE "YOU ARE NOT ALONE" FUND DISBURSED $8,581 TO HELP 27 ONCOLOGY PATIENTS IN NEED WITH DAY TO DAY LIVING EXPENSES AND SPECIAL ITEMS TO INCREASE QUALITY OF LIFE.THE WOMEN'S ALLIANCE SPENT $12,432 ON PROJECTS TO HELP SUPPORT PATIENTS AT MHP. THEY MADE BABY SIZED CHRISTMAS STOCKINGS FOR NEWBORN BABIES, ONCOLOGY SUPPORT BAGS FOR EACH PATIENT IN TREATMENT AT THE MHP CENTER FOR ONCOLOGY AND HEMATOLOGY, AND CARDIAC REHABILITATION GYM BAGS FOR EACH PATIENT IN CARDIAC REHAB AT MHP.THE CARDIO-PULMONARY FUND PROVIDED PATIENT ASSISTANCE AND REHAB EQUIPMENT IN THE AMOUNT OF $1,363. WOUND CARE: $2,133 USED TO ASSIST A WOUND CARE PATIENT.EMPLOYEE PROJECTS: $16,454 USED TO HELP DEPARTMENTS PROVIDE BETTER CARE FOR THEIR PATIENTS THROUGH AN INTERNAL GRANT PROCESS. EMPLOYEES SUBMIT PROJECT IDEAS THAT WOULD IMPROVE FUNCTIONALITY, ACCESS TO CARE, OR PROJECT DEVELOPMENT. THIS IS PART OF THE ANNUAL EMPLOYEE FUNDRAISING CAMPAIGN, TOGETHER WE ARE.THE PREMIUM ASSISTANCE FUND COVERED PATIENT BILLS FOR $3,703 FOR 41 PATIENTS.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $1,340,440 | $1,331,035 | +0.0% |
| Expenses | $837,195 | $1,017,641 | -0.2% |
| Net Income | $503,245 | $313,394 | +0.6% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| RALPH MERCURI | BOARD TREASURER, HOSPITAL CFO | 5.00 |
Officer
Director
|
$0 | $43,381 | $395,659 |
| JOHN COFFIN | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $6,000 |
| JOHN M HORNER | BOARD MEMBER, HOSPITAL CEO | 5.00 |
Officer
Director
|
$0 | $43,584 | $636,867 |
| STEVE BLACK | BOARD MEMBER, HOSPITAL DIRECTOR OF BH | 2.00 |
Director
|
$0 | $28,566 | $227,045 |
| BRENT THOMAN | PRESIDENT | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| JODY BUTTS-DOLDER | VICE PRESIDENT | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| BRADY CLAXTON | SECRETARY | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| RON BROWNING | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| BETH CASE | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| ANDREA GOLDYN | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| SUSAN LUX | BOARD MEMBER (PARTIAL YEAR) | 2.00 |
Director
|
$0 | $0 | $0 |
| C GENE JONES | BOARD MEMBER (PARTIAL YEAR) | 2.00 |
Director
|
$0 | $0 | $7,200 |
| KALEIGH HURLEY LEE | DEVELOPMENT COORDINATOR | 40.00 |
Officer
|
$34,331 | $9,935 | $44,266 |
| LATISHA IDLEWINE | EXECUTIVE DIRECTOR | 40.00 |
Officer
|
$78,981 | $82 | $79,063 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $1,340,440 | $837,195 | $8,585,393 | $503,245 |
| 2022 | $1,331,035 | $1,017,641 | $7,738,639 | $313,394 |
| 2021 | $1,817,203 | $1,019,989 | $8,697,435 | $797,214 |
| 2020 | $711,832 | $1,236,626 | $7,647,308 | $-524,794 |
| 2019 | $976,404 | $1,842,478 | $7,570,795 | $-866,074 |
| 2018 | $2,015,361 | $1,334,381 | $7,652,628 | $680,980 |
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