MOUNT CARMEL COLLEGE OF NURSING

EIN: 311308555 501(c)(3)

COLUMBUS, OH

Total Revenue
$22,519,655
Total Expenses
$22,099,114
Total Assets
$55,333,550
Net Assets
$51,279,559
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1990
Legal Domicile
OH
Principal Officer
TAUANA MCDONALD
Phone
6145464000
Tax Period
2023-07-01 to 2024-06-30

MOUNT CARMEL COLLEGE OF NURSING, founded in 1990, is a mid-sized nonprofit that reported $22.5M in total revenue in fiscal year 2023. Revenue grew 8% year-over-year, indicating healthy expansion. Net assets of $51.3M represent 27 months of operating reserves.

Mission

TO OPERATE A COLLEGE OF NURSING

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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 $3,189,454
Program Service Revenue $17,182,919
Investment Income $1,948,397
Other Revenue $198,885
TOTAL REVENUE $22,519,655

Expense Breakdown

Grants Paid $3,176,793
Salaries & Benefits $13,663,416
Fundraising Expenses $267,674
Program Expenses $19,109,171
Other Expenses $5,258,905
TOTAL EXPENSES $22,099,114

Year-over-Year Comparison

2023 2022 Change
Revenue $22,519,655 $20,771,308 +0.1%
Expenses $22,099,114 $22,703,774 0.0%
Net Income $420,541 $-1,932,466 -1.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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

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Governance

Voting Members
14
Independent Members
11
Employees
N/A
Volunteers
11

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
$2,813,761
Total Directors
14
$2,147,223
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LORRAINE LUTTON DIRECTOR; MOUNT CARMEL CEO 2.00
Officer Director
$0 $290,724 $1,713,824
ANDY PRIDAY MOUNT CARMEL CFO 2.00
Officer
$0 $72,254 $579,165
JILL KOPPEL SECRETARY; MT CARMEL ASSOC COUNSEL 2.00
Officer
$0 $30,550 $280,264
JAMI NININGER ASSOCIATE DEAN 40.00
Highest
$0 $33,526 $254,724
TODD AMBROSIA DIRECTOR; PRESIDENT 50.00
Officer Director
$0 $14,538 $240,508
GINA HENDRICKS DIRECTOR, HOSP FINANCIAL REPORTING 40.00
Highest
$0 $43,437 $223,940
SEAN LANSING PHD DIR; MISSION LEADER, COLUMBUS REGION 2.00
Director
$0 $39,073 $192,891
CORA ARLEDGE ASSOCIATE DEAN 40.00
Highest
$0 $13,667 $189,123
MITCH JOSEPH-KEMPLIN DIRECTOR, COMPLIANCE AND SAFETY 40.00
Highest
$0 $34,115 $179,923
ROXANNE OLIVER DIRECTOR, GRADUATE PROGRAMS 40.00
Highest
$0 $8,793 $161,116
KEITH MARTINEZ DIRECTOR; CHAIR 2.00
Officer Director
$0 $0 $0
MATT MAZZA DIRECTOR; TREASURER 2.00
Officer Director
$0 $0 $0
STEPHANIE BATTLE DIRECTOR 2.00
Director
$0 $0 $0
BRENT FOLEY DIRECTOR 2.00
Director
$0 $0 $0
R DEVRAY KIRKLAND DIRECTOR 2.00
Director
$0 $0 $0
LORI KURTZMAN DIRECTOR 2.00
Director
$0 $0 $0
WILLIAM LANE DIRECTOR 2.00
Director
$0 $0 $0
TRACY NAJERA DIRECTOR 2.00
Director
$0 $0 $0
RAMONA REYES DIRECTOR 2.00
Director
$0 $0 $0
PATRICIA SKUNDA DIRECTOR 2.00
Director
$0 $0 $0
LEE ANN WALLACE DIRECTOR 2.00
Director
$0 $0 $0
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
2025 No data No data No data No data
2024 $22,519,655 $22,099,114 $55,333,550 $420,541
2023 $20,771,308 $22,703,774 $52,028,983 $-1,932,466
2022 $23,629,478 $26,303,644 $51,556,638 $-2,674,166
2021 $25,045,878 $29,322,618 $64,622,852 $-4,276,740
2020 $22,904,952 $24,240,113 $64,562,973 $-1,335,161
2019 $24,407,255 $21,309,731 $63,102,818 $3,097,524
2018 $23,316,507 $20,786,378 $57,991,428 $2,530,129
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