Goshen Hospital Association Inc

EIN: 356001540 501(c)(3) Health Care

Goshen, IN

Total Revenue
$284,096,533
Total Expenses
$307,741,612
Total Assets
$412,894,617
Net Assets
$293,509,815
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Financial Trends

Organization Details

Formation Year
1946
Legal Domicile
IN
Principal Officer
Randal Christophel
Phone
5743642665
Tax Period
2024-01-01 to 2024-12-31

Goshen Hospital Association Inc, founded in 1946, is a major nonprofit in the Health Care sector that reported $284.1M in total revenue in fiscal year 2024.

Mission

The mission of Goshen Hospital is to improve the health of our communities by providing innovative, outstanding care and service, through exceptional people doing exceptional work.

Program Service Accomplishments

Program 1
Expenses: $287,441,159 Revenue: $269,121,067

The mission of Goshen Hospital is to improve the health of our communities by providing innovative, outstanding care and service, through exceptional people doing exceptional work. The hospital's...

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The mission of Goshen Hospital is to improve the health of our communities by providing innovative, outstanding care and service, through exceptional people doing exceptional work. The hospital's values include: -Compassion - and commitment to service with empathy. -Accountability - with integrity and action. -Respect - through treating others as you wish to be treated. -Excellence - in all we do. The organization created the current three-year strategic plan during 2022 to run from 1/1/2023 through 12/31/2025. The current strategic priorities are as follows: 1. Growth of Key Service Lines 2. Timely and Efficient Access to Services 3. Recruitment and Retention of Colleagues and Providers 4. Clinical Quality 5. Partnerships with Insurers and Employers As a community hospital, Goshen Hospital is dedicated to meeting the specific health care needs of our communities. As a community leader, the hospital is committed to providing care in an innovating and dynamic environment. The hospital has 105 patient beds and over 275 physicians on its medical staff in 30 specialties. These physicians, together with other dedicated professionals, provide a wide range of services including the following: acute medical & surgical, emergency, home health, radiology, laboratory, cancer care, bariatrics, women's health, pain management, sleep studies, rehabilitation, patient and community health education and professional education. The American Nurses Credentialing Center's (ANCC) magnet recognition program for excellence in nursing services has designated Goshen Hospital as a magnet hospital since 2004. Designated hospitals have successfully created a work environment that nurses find both personally and professionally rewarding, advancing the practice of nursing and improving patient outcomes. Research shows that magnet hospitals are more effective at attracting and keeping quality nurses. Goshen Hospital received its 5th magnet designation in 2024 and the first designation with distinction. The distinction honor for nursing excellence was created in 2022 to provide additional recognition for the highest-performing magnet organizations. The Goshen Center for Cancer Care is accredited by the Commission on Cancer (COC). Receiving care at a COC-approved center for cancer care assures that patients will have access to: -quality care close to home. -comprehensive care offering a range of state-of-the art services and equipment. -a multidisciplinary team approach to coordinate the best treatment options available to cancer patients. -participation in cancer clinical trials, education and support. -lifelong patient follow-up through a cancer registry that collects data on type and stage of cancers and treatment results. -ongoing monitoring and improvement in care. The Center for Cancer Care is a leader in innovative cancer treatment. We were among the first to adopt a comprehensive, multidisciplinary approach to cancer treatment. We offer holistic programs for strengthening minds as well as bodies, place a premium on family involvement and spiritual needs, and encourage patients to play a decision-making role in treatment selection. The Center for Cancer Care has specifically trained surgical oncologists, breast surgeons, medical oncologist, radiation oncologist, naturopathic practitioners and highly distinguished magnet designated nurses. Goshen Hospital improves the health and well-being of its communities by providing community wellness and education programs. Through local partnerships, the hospital identifies health issues and creates programs to ensure our community is the healthiest place to live, work and raise a family. The first of these programs cover CPR, EMS, diabetes, childbirth, fitness, nutrition, community education and health screenings the Elkhart County childhood obesity initiative. The CPR class is for anyone - professionals or private citizens - who want to know how to perform life-saving cardiopulmonary resuscitation; first aid classes are also offered. EMS training is available for persons interested in becoming emergency medical technicians or paramedics. The diabetes education helps people delay the onset and slow the progression of complications from this disease. It includes seminars, support groups, consultations and screenings. Childbirth education prepares expectant mothers and their families during this significant time in their life. The Goshen Health Community Benefit Fund is one example of how Goshen Health re-invests money into the communities we serve. Any nonprofit organization with a mission consistent with that of Goshen Health and works toward meeting the needs of the community are encouraged to apply. Since its inception in 1998, the Community Benefit Grant Committee of Goshen Health's Board of Directors has awarded more than $6 million in grants to community organizations and projects that meet the health needs of our community. Goshen Hospital provides health care services to all members of the communities regardless of their ability to pay. The hospital offers financial assistance to those patients unable to pay all or a portion of their bill and who are unable to qualify for assistance through federal and state government assistance programs. Patients are asked to complete a financial aid application to determine their eligibility for financial assistance. The hospital provides the assistance of a financial advocate to help patients complete this application and to investigate other forms of available assistance including enrollment in marketplace plans. In 2024, the hospital extended charity care to 5,309 accounts totaling $10.3 million. Goshen Hospital also partners with a financial institution to provide flexible and affordable financing solutions for a patient's medical care. Goshen Hospital first received the beacon award for excellence from the American Association of Critical Care Nurses in 2010. 2019 marked the fourth time Goshen has won the award and the third time Goshen has achieved the highest status, gold. The National Accreditation Program for Breast Centers (NAPBC) has awarded multiple three-year, full accreditation to Goshen Health Retreat Women's Health Center beginning in 2010. Press Ganey has awarded Goshen Health with 7 summit awards. In addition, Goshen Health has received the H&V Platinum Performance Achievement Award (NCDR) and the WHO baby-friendly designation.

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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 (2024)

Revenue Breakdown

Contributions & Grants $2,358,402
Program Service Revenue $264,377,989
Investment Income $10,754,416
Other Revenue $6,605,726
TOTAL REVENUE $284,096,533

Expense Breakdown

Grants Paid $26,961,510
Salaries & Benefits $116,783,802
Fundraising Expenses $0
Program Expenses $287,441,159
Other Expenses $163,996,300
TOTAL EXPENSES $307,741,612

Year-over-Year Comparison

2024 2023 Change
Revenue $284,096,533 $272,753,508 +0.0%
Expenses $307,741,612 $296,198,168 +0.0%
Net Income $-23,645,079 $-23,444,660 +0.0%
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
13
Independent Members
7
Employees
1705
Volunteers
159

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
5
$2,551,890
Total Directors
14
$3,727,323
Key Employees
4
$2,328,423
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Randal Christophel President and CEO 40.00
Officer Director
$1,140,867 $186,365 $1,327,232
Bolanle Adepoju MD Director and Physician 41.00
Director
$0 $47,522 $803,852
Andrew Vorhis NP Director 1.00
Director
$0 $36,548 $209,652
Matt Wells MD Director 1.00
Director
$0 $54,916 $500,793
Brittany Kauffman MD Director 1.00
Director
$0 $46,322 $395,321
Sharrell Gibson MD Director 1.00
Director
$0 $44,943 $490,473
Susan Stiffney RN Chair 1.00
Officer Director
$0 $0 $0
Jewel Yoder Vice Chair/Secretary/Treasurer 1.00
Officer Director
$0 $0 $0
Adrian Aguilar Director 1.00
Director
$0 $0 $0
Randy Cripe Director (until 12/2024) 1.00
Director
$0 $0 $0
Karen Pletcher Director 1.00
Director
$0 $0 $0
Liliana Quintero Director 1.00
Director
$0 $0 $0
Bonita Schrock Director 1.00
Director
$0 $0 $0
Karen Smith Director 1.00
Director
$0 $0 $0
Lisa M Wine Chief Financial Officer 40.00
Officer
$520,096 $91,379 $611,475
Chris Hutfless Chief Legal HR & Compliance Officer 40.00
Officer
$540,797 $72,386 $613,183
Daniel Nafziger MD Chief Medical Officer 40.00
Key Emp
$586,039 $90,694 $676,733
Margaret S Franger VP of Population Health & Bus Develp. 40.00
Key Emp
$662,557 $74,741 $737,298
Mark Podgorski VP of Hospital Operations 40.00
Key Emp
$378,845 $88,452 $467,297
Julie Crossley Chief Nursing Officer 40.00
Key Emp
$379,584 $67,511 $447,095
Urs Von Holzen MD Physician 40.00
Highest
$0 $58,480 $793,538
Houman Vaghefi MD Physician 40.00
Highest
$0 $38,270 $758,022
Irina Sparks MD Physician 40.00
Highest
$0 $48,353 $583,738
Katarina Leckova MD Physician 40.00
Highest
$0 $41,610 $616,802
Sharmila Roy Chowdhury MD Physician 40.00
Highest
$0 $28,170 $526,556
Rob Myers Former Chief Operating Officer 0.00
$244,796 $0 $244,796
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
2024 $284,096,533 $307,741,612 $412,894,617 $-23,645,079
2023 $272,753,508 $296,198,168 $480,424,959 $-23,444,660
2023 $272,753,508 $296,198,168 $480,424,959 $-23,444,660
2022 $304,789,091 $310,672,316 $467,057,367 $-5,883,225
2021 $278,345,212 $273,666,069 $566,570,613 $4,679,143
2020 $277,211,389 $262,263,741 $540,424,850 $14,947,648
2019 $270,292,644 $272,450,059 $485,116,293 $-2,157,415
2018 $281,570,445 $254,185,013 $397,389,469 $27,385,432
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