HENRY COUNTY HOSPITAL INC

EIN: 344477047 501(c)(3) Health Care

NAPOLEON, OH

Total Revenue
$34,879,740
Total Expenses
$36,593,511
Total Assets
$22,641,800
Net Assets
$14,611,199
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Financial Trends

Organization Details

Formation Year
1982
Legal Domicile
OH
Principal Officer
KRISTI BARND
Phone
4195924015
Tax Period
2023-11-01 to 2024-10-31

HENRY COUNTY HOSPITAL INC, founded in 1982, is a mid-sized nonprofit in the Health Care sector that reported $34.9M in total revenue in fiscal year 2023.

Mission

PEOPLE CENTERED. WE ARE FAMILY AND FRIENDS TAKING CARE OF FAMILY AND FRIENDS. WE OFFER PERSONALIZED SERVICES THAT INCLUDE FAMILY MEMBERS IN THE PATIENT'S CARE. DECISIONS AT ALL LEVELS OF THE ORGANIZATION ARE BASED ON WHAT IS BEST FOR THE PATIENT. WE CREATE A FAMILY-FRIENDLY, FLEXIBLE ENVIRONMENT FOR STAFF TO WORK. TRANSPARENCY AND OPEN FEEDBACK CREATE A POSITIVE CULTURE FOR STAFF TO PROVIDE SERVICES AND CELEBRATE ACHIEVEMENTS. EXCELLENCE DRIVEN. WE STRIVE FOR EXCELLENCE IN EVERYTHING THAT WE DO. OUR FOCUS IS ON "GETTING IT RIGHT" EVERY TIME AT ALL LEVELS OF THE ORGANIZATION. WE CREATE A NON-PUNITIVE CULTURE THAT IS COMMITTED TO ELIMINATING DEFECTS QUICKLY IN ORDER TO PROVIDE SAFE, QUALITY CARE TO ALL PATIENTS. COMMUNITY FOCUSED. WE EXIST TO SUPPORT THE COMMUNITY'S HEALTHCARE NEEDS. OUR GOAL IS TO PROVIDE AFFORDABLE HEALTHCARE AND WELLNESS SERVICES LOCALLY, SO PATIENTS CAN REMAIN WITHIN HENRY COUNTY FOR CARE REGARDLESS OF THEIR ABILITY TO PAY. WE COLLABORATE WITH LOCAL ORGANIZATIONS TO IMPROVE THE HEALTH AND WELL-BEING OF THE COMMUNITY. ALWAYS. THESE VALUES ARE INGRAINED IN OUR CULTURE AND ARE THE FOUNDATION OF HENRY COUNTY HOSPITAL.

Program Service Accomplishments

Program 1
Expenses: $2,825,063 Revenue: $5,243,962

1. LABORATORY--PROVIDING SERVICES FOR IP AND OP, EXTENDED CARE FACILITIES, PHYSICIAN OFFICES AND AREA BUSINESSES. THE LABORATORY PROVIDED OVER 119,023 BILLED TESTS IN 2024.

Program 2
Expenses: $2,792,117 Revenue: $5,132,456

#2: PHARMACY: IV INFUSIONS AND MEDICATIONS ARE PROVIDED CONTINUALLY TO PATIENTS PRESENTING INJURIES AND ILLNESSES REQUIRING TREATMENT AS PRESCRIBED BY LICENSED MEDICAL PROFESSIONALS. TOTAL PATIENT...

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#2: PHARMACY: IV INFUSIONS AND MEDICATIONS ARE PROVIDED CONTINUALLY TO PATIENTS PRESENTING INJURIES AND ILLNESSES REQUIRING TREATMENT AS PRESCRIBED BY LICENSED MEDICAL PROFESSIONALS. TOTAL PATIENT DOSES/INFUSIONS PROVIDED TOTALED OVER 84,213 FOR 2024.

Program 3
Expenses: $2,529,535 Revenue: $4,767,311

#3: SURGERY: PROVIDING PRE-, INTRA-, AND POST PROCEDURE CARE FOR SURGICAL INPATIENTS AND OUTPATIENTS. INCLUDES GENERAL, ORTHOPEDIC, CATARACT, VEIN, UROLOGY, OBSTETRIC, GYNECOLOGICAL, PAIN, OPHTHALMIC...

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#3: SURGERY: PROVIDING PRE-, INTRA-, AND POST PROCEDURE CARE FOR SURGICAL INPATIENTS AND OUTPATIENTS. INCLUDES GENERAL, ORTHOPEDIC, CATARACT, VEIN, UROLOGY, OBSTETRIC, GYNECOLOGICAL, PAIN, OPHTHALMIC AND ENDOSCOPIC PROCEDURES. SURGICAL CARE SERVICES PERFORMED OVER 1,971 PROCEDURES IN 2024.

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Trantor Score

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $386,587
Program Service Revenue $32,612,880
Investment Income $3,833
Other Revenue $1,876,440
TOTAL REVENUE $34,879,740

Expense Breakdown

Grants Paid $111,067
Salaries & Benefits $18,743,019
Fundraising Expenses $0
Program Expenses $29,231,168
Other Expenses $17,739,425
TOTAL EXPENSES $36,593,511

Year-over-Year Comparison

2023 2022 Change
Revenue $34,879,740 $36,645,635 0.0%
Expenses $36,593,511 $35,183,615 +0.0%
Net Income $-1,713,771 $1,462,020 -2.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
9
Independent Members
7
Employees
372
Volunteers
40

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
7
$589,919
Total Directors
10
$551,362
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARVIN BARLOW CHAIRMAN 4.00
Officer Director
$0 $0 $0
BRENT GERKEN VICE-CHAIR 2.00
Officer Director
$0 $0 $0
JIM BURKHART SECRETARY 2.00
Officer Director
$0 $0 $0
DR MIKE CARPENTER TREASURER 2.00
Officer Director
$0 $0 $0
DR ERAST HAFTKOWYCZ BOARD MEMBER & OBGYN 40.00
Director
$289,662 $21,503 $311,165
MELISSA PEPER FIRESTONE BOARD MEMBER 2.00
Director
$0 $0 $0
RICKY FRUTH BOARD MEMBER 2.00
Director
$0 $0 $0
JOY ERMIE BOARD MEMBER 2.00
Director
$0 $0 $0
KRISTI BARND CEO 40.00
Officer Director
$221,808 $18,389 $240,197
THOMAS MACK BOARD MEMBER PARTIAL TERM 2.00
Director
$0 $0 $0
TIFFANY KENNERK CNO 40.00
Officer
$117,860 $15,972 $133,832
JAMES NOWACZYK CFO 40.00
Officer
$186,975 $28,915 $215,890
DR MORRIS SEAL PHYSICIAN 20.00
Highest
$138,391 $16,892 $155,283
DR ANDREW GOMBASH PHYSICIAN 40.00
Highest
$185,552 $18,061 $203,613
DR JOSEPH KRUEGER PHYSICIAN 40.00
Highest
$211,539 $14,867 $226,406
MICHELE JAKUTOWICZ PHARMACIST 40.00
Highest
$153,042 $31,078 $184,120
SARAH HUBER MANAGER OF MEDICAL IMAGING 40.00
Highest
$143,725 $28,349 $172,074
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 $34,879,740 $36,593,511 $22,641,800 $-1,713,771
2023 $36,645,635 $35,183,615 $23,991,931 $1,462,020
2022 $35,754,453 $36,817,865 $22,828,724 $-1,063,412
2021 $37,622,894 $33,858,693 $27,959,358 $3,764,201
2020 $32,211,572 $32,499,801 $28,288,928 $-288,229
2019 $32,865,468 $32,355,475 $21,984,151 $509,993
2018 $30,847,749 $31,234,629 $21,647,817 $-386,880
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