MARY RUTAN HOSPITAL

EIN: 341407259 501(c)(3) Health Care

BELLEFONTAINE, OH

Total Revenue
$139,588,682
Total Expenses
$135,192,891
Total Assets
$162,507,936
Net Assets
$123,702,613
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1919
Legal Domicile
OH
Principal Officer
CHAD ROSS
Phone
9375924015
Tax Period
2023-01-01 to 2023-12-31

MARY RUTAN HOSPITAL, founded in 1919, is a major nonprofit in the Health Care sector that reported $139.6M in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $135.2M left a modest 3% surplus.

Mission

THOSE DIRECTING MARY RUTAN HOSPITAL, A NOT-FOR-PROFIT, NON-GOVERNMENTAL HOSPITAL, ACCEPT RESPONSIBILITY FOR MEETING HEALTH CARE NEEDS OF THE COMMUNITY AND INSURING: A. THE DELIVERY OF SAFE, EFFICIENT AND ECONOMICAL HEALTH CARE WITHIN THE BOUNDS OF SOUND FINANCIAL AND DEBT SERVICE MANAGEMENT; B. A STRONG COMPETITIVE POSTURE WITHIN ITS SELECTED AREAS OF HEALTH SERVICES THROUGH EFFECTIVE BUDGETING, FORECASTING, AND MANAGEMENT; C. FIRM ESTABLISHMENT OF MARY RUTAN HOSPITAL AS A LEADER IN HEALTH CARE, SERVING RESIDENTS OF LOGAN COUNTY, OHIO, AND SURROUNDING AREAS WITH HIGH QUALITY ACUTE CARE, EMERGENCY CARE, AMBULATORY CARE AND CONSUMER HEALTH EDUCATION CONSISTENT WITH COMMUNITY NEEDS AND STAFF UTILIZATION; D. THAT THE HOSPITAL'S POSITION IN THE COMMUNITY WILL BE ENHANCED THROUGH STRONG INTERNAL MANAGEMENT, WELL-TRAINED HEALTH PROFESSIONALS WHO MAINTAIN CURRENT STANDARDS OF PRACTICE AND AGGRESSIVE AND CREATIVE EVALUATION OF SERVICES, TRENDS AND COMMUNITY NEEDS. E. THAT PATIENT EDUCATION IS PLANNED AND PROVIDED TO PROMOTE AND MAINTAIN HEALTH.

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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 $2,817,364
Program Service Revenue $132,628,876
Investment Income $4,142,442
Other Revenue $0
TOTAL REVENUE $139,588,682

Expense Breakdown

Grants Paid $0
Salaries & Benefits $83,278,284
Fundraising Expenses $0
Program Expenses $115,857,749
Other Expenses $51,914,607
TOTAL EXPENSES $135,192,891

Year-over-Year Comparison

2023 2022 Change
Revenue $139,588,682 $123,990,683 +0.1%
Expenses $135,192,891 $130,603,602 +0.0%
Net Income $4,395,791 $-6,612,919 -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
14
Independent Members
13
Employees
936
Volunteers
85

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
$1,193,020
Total Directors
16
$0
Key Employees
3
$763,480
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOAN HAUSHALTER CHAIR 1.25
Officer Director
$0 $0 $0
RICK GILDOW VICE CHAIR 0.75
Officer Director
$0 $0 $0
DAVID WILLOBY BOARD MEMBER (MAY-DEC) 0.75
Director
$0 $0 $0
SCOTT ABRAHAM BOARD MEMBER 0.75
Director
$0 $0 $0
PAUL BENEDETTI BOARD MEMBER (JAN-APRIL) 0.75
Director
$0 $0 $0
DOUG CHAMBERLAIN BOARD MEMBER 0.75
Director
$0 $0 $0
DARIN OLSON BOARD MEMBER 0.75
Director
$0 $0 $0
JEFF HOLYCROSS BOARD MEMBER 0.75
Director
$0 $0 $0
DR MATT VERBSKY BOARD MEMBER 0.75
Director
$0 $0 $0
JOENNE PURCELL BOARD MEMBER 0.75
Director
$0 $0 $0
NANCY KNIGHT BOARD MEMBER (JAN-APRIL) 0.75
Director
$0 $0 $0
KELLY KAUFFMAN BOARD MEMBER (MAY-DEC) 0.75
Director
$0 $0 $0
RICK HATCHER BOARD MEMBER 0.75
Director
$0 $0 $0
JACK RESER BOARD MEMBER 0.75
Director
$0 $0 $0
THOMAS SIMON BOARD MEMBER 1.25
Director
$0 $0 $0
SCOTT SHELLHAAS BOARD MEMBER 1.50
Director
$0 $0 $0
TAMARA GUMP COO (LOGAN VIEW INC) 0.00
Officer
$0 $48,776 $198,423
CHAD ROSS PRESIDENT 44.50
Officer
$0 $112,647 $476,412
STEVEN BROWN VICE PRESIDENT/CFO (JAN-JUNE) 44.50
Officer
$0 $65,586 $274,510
THOMAS DENBOW VICE PRESIDENT (JULY-DEC) 44.50
Officer
$180,485 $63,190 $243,675
DAVID KELLY VICE PRESIDENT (APRIL-DEC) 40.00
Key Emp
$175,794 $43,865 $219,659
WENDY RODENBERGER VICE PRESIDENT (JAN-NOV) 40.00
Key Emp
$262,852 $71,785 $334,637
LAURA MILLER VICE PRESIDENT 40.00
Key Emp
$151,496 $57,688 $209,184
GREGG FULMER PHYSICIAN 40.00
Highest
$547,012 $69,117 $616,129
CLIFTON HOOD MEDICAL STAFF DIRECTOR 40.00
Highest
$508,360 $58,910 $567,270
KIMBERLY KLAPCHAR PHYSICIAN 40.00
Highest
$522,237 $46,422 $568,659
NICHOLAS PETERS PHYSICIAN 40.00
Highest
$700,812 $49,036 $749,848
ROGER AMIGO PHYSICIAN 40.00
Highest
$710,251 $70,756 $781,007
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 $139,588,682 $135,192,891 $162,507,936 $4,395,791
2022 $123,990,683 $130,603,602 $153,810,343 $-6,612,919
2021 $133,533,110 $128,009,102 $173,968,937 $5,524,008
2020 $119,343,504 $114,372,341 $167,012,865 $4,971,163
2019 $112,480,716 $106,721,831 $150,532,680 $5,758,885
2018 $109,384,501 $103,482,578 $140,501,185 $5,901,923
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