Kettering Adventist Healthcare

EIN: 311051688 501(c)(3)

Miamisburg, OH

Total Revenue
$34,081,839
Total Expenses
$25,555,556
Total Assets
$47,308,494
Net Assets
$23,186,514
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1982
Legal Domicile
OH
Principal Officer
Michael Gentry
Phone
9377621629
Tax Period
2023-01-01 to 2023-12-31

Kettering Adventist Healthcare, founded in 1982, is a mid-sized nonprofit that reported $34.1M in total revenue in fiscal year 2023. Revenue decreased 14% compared to the prior year. The organization ran a surplus of $8.5M, a strong 25% operating margin.

Mission

Our mission is to improve the quality of life of the people in the communities we serve through healthcare and education.We are dedicated to excellence and to providing each individual the most appropriate care in the most appropriate setting. In the spirit of the Seventh-day Adventist healthcare ministry, we strive to be innovative and to convey God's love in a caring environment.

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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 $0
Program Service Revenue $33,367,318
Investment Income $91,675
Other Revenue $622,846
TOTAL REVENUE $34,081,839

Expense Breakdown

Grants Paid $0
Salaries & Benefits $24,875,256
Fundraising Expenses $0
Program Expenses $21,954,462
Other Expenses $680,300
TOTAL EXPENSES $25,555,556

Year-over-Year Comparison

2023 2022 Change
Revenue $34,081,839 $39,835,508 -0.1%
Expenses $25,555,556 $34,160,384 -0.3%
Net Income $8,526,283 $5,675,124 +0.5%
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
21
Independent Members
11
Employees
50
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
3
$3,375,397
Total Directors
29
$6,109,837
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Gentry Michael Chief Executive Officer 1.00
Officer Director
$1,291,151 $106,456 $1,397,607
Mewhirter Michael Interim CEO until July 23, CAO 42.00
Officer Director
$1,017,167 $111,284 $1,128,451
Dutton Tim EVP Mission, Brand&People end 6/23 42.00
Director
$780,739 $11,484 $792,223
Ko Timothy CFO KH 47.00
Officer Director
$765,442 $83,897 $849,339
Velasco Jonathan E Physician 1.00
Director
$0 $31,154 $718,734
Sharrett Kevin Physician 1.00
Director
$0 $15,761 $597,084
Tyner Troy A Physician 1.00
Director
$0 $26,373 $288,777
Prutzman Cherish J Member/Physician 1.00
Director
$0 $19,265 $213,942
Hedrick Sarah Physician 1.00
Director
$0 $6,686 $90,208
Chew Roy Community Volunteer until May 23 4.75
Director
$11,458 $3,214 $14,672
Neff Les Director and Member 1.00
Director
$0 $0 $10,800
Jakobsons Andrea Member until May 23 1.00
Director
$0 $0 $8,000
Weigley David Pres Columbia Union Conf end Jan 2 0.00
Director
$0 $0 $0
Blyden Celeste Secr Columbia Union Conf begin Jan 2 1.00
Director
$0 $0 $0
Forde Terry Community Volunteer 1.00
Director
$0 $0 $0
Simpson Roy Community Volunteer 1.00
Director
$0 $0 $0
Patterson Robert Director 0.00
Director
$0 $0 $0
Wilkins Darren Community Volunteer until Mar 23 1.00
Director
$0 $0 $0
Riley Adele Community Volunteer 1.00
Director
$0 $0 $0
Weigel Robert Community Volunteer 1.00
Director
$0 $0 $0
Cundiff Bob Community Volunteer until May 23 1.00
Director
$0 $0 $0
Tanguay Randall Member 1.00
Director
$0 $0 $0
Asiedu Emmanuel Member, Columbian Union Conference 1.00
Director
$0 $0 $0
Peebles Thomas Member 1.00
Director
$0 $0 $0
Roberts Randall Member until April 23 1.00
Director
$0 $0 $0
Bone Keisha Member 1.00
Director
$0 $0 $0
Brown Marvin Member until May 23 0.00
Director
$0 $0 $0
Sharalaya Louie Member 1.00
Director
$0 $0 $0
Thomas Tamara MD Member - Physician 1.00
Director
$0 $0 $0
Kuhn Brenda EVP Chief Clinical Officer 48.00
Highest
$620,054 $36,290 $656,344
Feller Joseph VP Legal Services 48.00
Highest
$580,451 $81,631 $662,082
Shull Jennifer EVP Chief Nursing Officer KH 48.00
Highest
$515,975 $85,020 $600,995
Hotelling Dann VP - Finance until 11/23 48.00
Highest
$489,081 $21,042 $510,123
Morgan Derek VP Human Resources - KH until 9/23 48.00
Highest
$483,551 $12,659 $496,210
Sackett Walter Former Director/Officer 0.00
$950,010 $20,790 $970,800
Burns Terry Former Director/Officer 0.00
$877,162 $20,790 $897,952
Perez Shelley Former Director 0.00
$0 $13,506 $225,298
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 $34,081,839 $25,555,556 $47,308,494 $8,526,283
2022 $39,835,508 $34,160,384 $40,300,743 $5,675,124
2022 $39,835,508 $34,160,384 $40,300,743 $5,675,124
2022 $39,835,508 $34,160,384 $40,300,743 $5,675,124
2021 $37,648,740 $37,401,619 $34,644,151 $247,121
2020 $40,708,474 $30,117,865 $31,535,744 $10,590,609
2019 $40,891,675 $37,915,901 $25,011,436 $2,975,774
2018 $36,296,658 $35,547,939 $19,969,775 $748,719
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