SOUTHEASTERN IN HEALTH MANAGEMENT … - Form 990 Financial Data

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1983

Legal Domicile

Phone

8123753921

Tax Period

2023-01-01 to 2023-12-31

SOUTHEASTERN IN HEALTH MANAGEMENT INC, founded in 1983, is a community nonprofit that reported $9.3M in total revenue in fiscal year 2023. Revenue surged 75% from the prior year, signaling strong growth momentum. Expenses of $8.6M left a modest 8% surplus.

Mission

TO PROVIDE MANAGEMENT SERVICES TO COLUMBUS REGIONAL HOSPITAL AND ITS AFFILIATES IN SOUTHEASTERN INDIANA.

Program Service Accomplishments

Program 1

Expenses: $8,597,269 Revenue: $9,292,082

IN 2023, SOUTHEASTERN INDIANA HEALTH MANAGEMENT, INC. CONTINUED ITS MANAGEMENT OF COLUMBUS REGIONAL HOSPITAL AND AFFILIATES. THESE MANAGEMENT SERVICES PROVIDE AN INTEGRATED HEALTH CARE DELIVERY...

IN 2023, SOUTHEASTERN INDIANA HEALTH MANAGEMENT, INC. CONTINUED ITS MANAGEMENT OF COLUMBUS REGIONAL HOSPITAL AND AFFILIATES. THESE MANAGEMENT SERVICES PROVIDE AN INTEGRATED HEALTH CARE DELIVERY SYSTEM FOR ALL OF SOUTHEASTERN INDIANA.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $9,292,082

Investment Income $28,072

Other Revenue $0

TOTAL REVENUE $9,320,154

Expense Breakdown

Grants Paid $0

Salaries & Benefits $8,251,212

Fundraising Expenses $0

Program Expenses $8,597,269

Other Expenses $346,057

TOTAL EXPENSES $8,597,269

Year-over-Year Comparison

	2023	2022	Change
Revenue	$9,320,154	$5,318,707	+0.8%
Expenses	$8,597,269	$4,570,698	+0.9%
Net Income	$722,885	$748,009	0.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$1,588,946

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
N/A	SECRETARY/TREASURER	2.0	Officer Director	$0	$0	$0
N/A	CHAIRPERSON	2.0	Officer Director	$0	$0	$0
N/A	DIRECTOR	2.0	Director	$0	$0	$0
N/A	DIRECTOR	2.0	Director	$0	$0	$0
N/A	DIRECTOR	2.0	Director	$0	$0	$0
N/A	DIRECTOR	2.0	Director	$0	$0	$0
N/A	DIRECTOR	2.0	Director	$0	$0	$0
N/A	DIRECTOR	2.0	Director	$0	$0	$0
N/A	DIRECTOR	2.0	Director	$0	$0	$0
N/A	DIRECTOR	2.0	Director	$0	$0	$0
N/A	DIRECTOR	2.0	Director	$0	$0	$0
N/A	DIRECTOR	2.0	Director	$0	$0	$0
N/A	PRESIDENT / CEO	40.0	Officer	$1,511,945	$77,001	$1,588,946
N/A	EXECUTIVE VICE PRESIDENT	40.0	Highest	$700,086	$29,171	$729,257
N/A	VICE PRESIDENT	40.0	Highest	$447,631	$52,868	$500,499
N/A	VICE PRESIDENT	40.0	Highest	$518,454	$59,085	$577,539
N/A	EXECUTIVE VICE PRESIDENT	40.0	Highest	$613,102	$77,678	$690,780
N/A	EXECUTIVE VICE PRESIDENT	40.0	Highest	$764,549	$69,033	$833,582

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	$9,320,154	$8,597,269	$8,027,390	$722,885
2022	$5,318,707	$4,570,698	$6,529,641	$748,009
2021	$6,837,051	$6,221,488	$5,669,982	$615,563
2020	$7,397,633	$6,576,935	$5,608,565	$820,698
2019	$5,884,232	$4,906,163	$4,700,056	$978,069
2018	$5,875,352	$4,944,011	$4,176,558	$931,341

SOUTHEASTERN IN HEALTH MANAGEMENT INC