COMMUNITY HOWARD REGIONAL HEALTH INC

EIN: 351865344 501(c)(3) Unknown

KOKOMO, IN

Total Revenue
$224,426,135
Total Expenses
$193,654,520
Total Assets
$385,282,322
Net Assets
$377,093,465
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1992
Legal Domicile
IN
Principal Officer
DEREK MCMICHAEL
Phone
7654538371
Tax Period
2023-01-01 to 2023-12-31

COMMUNITY HOWARD REGIONAL HEALTH INC, founded in 1992, is a major nonprofit in the Unknown sector that reported $224.4M in total revenue in fiscal year 2023. Expenses of $193.7M left a modest 14% surplus.

Mission

OUR MISSION IS TO PROVIDE EXCEPTIONAL QUALITY, PATIENT-CENTERED CARE. IN KEEPING WITH OUR MISSION, WE EMBRACE THE FOLLOWING VALUES: COMPASSION AND UNDERSTANDING; CUSTOMER SERVICE; DEDICATION AND COMMITMENT TO PROVIDE THE HIGHEST QUALITY SERVICES AND TO MEET THE NEEDS OF OUR COMMUNITY; RESPECT FOR OUR PATIENTS, VISITORS, PHYSICIANS, AND STAFF; SAFETY; A SAFE AND POSITIVE WORKING ENVIRONMENT; AND TRUTH AND INTEGRITY IN ALL ENCOUNTERS AND SERVICES OFFERED.

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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 $5,635,477
Program Service Revenue $216,627,686
Investment Income $1,529,302
Other Revenue $633,670
TOTAL REVENUE $224,426,135

Expense Breakdown

Grants Paid $41,250
Salaries & Benefits $72,537,331
Fundraising Expenses $0
Program Expenses $141,264,270
Other Expenses $121,075,939
TOTAL EXPENSES $193,654,520

Year-over-Year Comparison

2023 2022 Change
Revenue $224,426,135 $208,002,339 +0.1%
Expenses $193,654,520 $184,512,533 +0.0%
Net Income $30,771,615 $23,489,806 +0.3%
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
9
Independent Members
6
Employees
891
Volunteers
25

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
9
$2,626,375
Total Directors
11
$2,750,745
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ELIZABETH THARP MBA BSN RN SVP-HOSPITAL ACUTE SERVICES/CNO 2.00
Officer Director
$0 $299,033 $842,307
COURTNEY HOLLAND MD DIRECTOR 2.00
Director
$0 $144,728 $841,846
SYED KHAN MD PSYCHIATRIST 50.00
Highest
$679,399 $45,218 $724,617
BENJAMIN CHIU MD VICE CHAIR THROUGH JUNE 2023 2.00
Officer Director
$0 $125,307 $584,388
JENNIFER HINDMAN DIRECTOR/VP-HOSP ADMIN THR MAR 2023 12.50
Officer Director
$85,616 $139,739 $482,204
LAXESHKUMAR PATEL MD PSYCHIATRIST 50.00
Highest
$292,481 $99,234 $391,715
DOUGLAS COOK MD PSYCHIATRIST 50.00
Highest
$285,406 $95,812 $381,218
JOHN BILO VP-FINANCE 48.00
Officer
$0 $114,588 $368,656
DEREK MCMICHAEL VP-HOSPITAL ADMINISTRATOR 48.00
Officer
$258,715 $90,105 $348,820
JOHN SCHILTZ MD PSYCHIATRIST 50.00
Highest
$295,529 $94,744 $390,273
SHILPA PURI MD PSYCHIATRIST 50.00
Highest
$276,037 $45,772 $321,809
DIANE COGDELL DIRECTOR 2.00
Director
$0 $0 $0
ROBERT HAYES CHAIR THROUGH JUNE 2023 2.00
Officer Director
$0 $0 $0
KAREN MCLEAN CHAIR 2.00
Officer Director
$0 $0 $0
SHARON REED DIRECTOR 2.00
Director
$0 $0 $0
TRISH SEVERNS DIRECTOR 2.00
Director
$0 $0 $0
REBECCA VENT VICE CHAIR 2.00
Officer Director
$0 $0 $0
BRIDGET WHITMORE SECRETARY 2.00
Officer 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
2024 No data No data No data No data
2023 $224,426,135 $193,654,520 $385,282,322 $30,771,615
2022 $208,002,339 $184,512,533 $348,559,048 $23,489,806
2021 $226,466,776 $168,224,351 $314,937,955 $58,242,425
2020 $183,340,636 $166,070,904 $259,350,623 $17,269,732
2019 $182,272,774 $146,970,638 $215,631,572 $35,302,136
2018 $172,345,809 $127,496,199 $176,077,603 $44,849,610
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