MOUNT NITTANY MEDICAL CENTER HEALTH SERVICES INC

EIN: 510426500 501(c)(3) Health Care

STATE COLLEGE, PA

Total Revenue
$129,904,399
Total Expenses
$130,126,328
Total Assets
$52,734,706
Net Assets
$11,392,780
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Financial Trends

Organization Details

Formation Year
2002
Legal Domicile
PA
Principal Officer
KATHLEEN RHINE
Phone
8142317000
Tax Period
2023-07-01 to 2024-06-30

MOUNT NITTANY MEDICAL CENTER HEALTH SERVICES INC, founded in 2002, is a major nonprofit in the Health Care sector that reported $129.9M in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion.

Mission

MNMC HEALTH SERVICES, INC. IS ORGANIZED TO DEVELOP PROFESSIONAL SERVICES TO SUPPORT THE VISION OF MOUNT NITTANY HEALTH SYSTEM, WHICH SERVES THE CENTER REGION OF PENNSYLVANIA BY PROVIDING ACUTE CARE HOSPITAL SERVICES AND MULTI-SPECIALTY PROFESSIONAL SERVICES.

Program Service Accomplishments

Program 1
Expenses: $101,052,235 Revenue: $77,406,151

MNMC HEALTH SERVICES INC. IS AN AFFILIATE OF MOUNT NITTANY HEALTH SYSTEM (HEALTH SYSTEM) WHICH INCLUDES AN ACUTE CARE HOSPITAL (MOUNT NITTANY MEDICAL CENTER), MOUNT NITTANY MEDICAL CENTER HEALTH...

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MNMC HEALTH SERVICES INC. IS AN AFFILIATE OF MOUNT NITTANY HEALTH SYSTEM (HEALTH SYSTEM) WHICH INCLUDES AN ACUTE CARE HOSPITAL (MOUNT NITTANY MEDICAL CENTER), MOUNT NITTANY MEDICAL CENTER HEALTH SERVICES, INC., CENTRE COUNTY CHILDREN'S ADVOCACY CENTER, AND THE FOUNDATION FOR MOUNT NITTANY MEDICAL CENTER, INC. THE HEALTH SYSTEM IS A NOT-FOR-PROFIT CORPORATION ORGANIZED TO COORDINATE AND MANAGE THE INTEGRATION OF THE DELIVERY OF HEALTHCARE SERVICES AND PERFORM ACTIVITIES THAT BENEFIT ITS AFFILIATES. CONTINUED ON SCHEDULE O.MNMC HEALTH SERVICES INC. WAS CREATED TO PROVIDE CHARITABLE, SCIENTIFIC, AND EDUCATIONAL SERVICES AS DETERMINED BY THE CORPORATION'S BOARD OF DIRECTORS, BUT SUBJECT TO ANY RIGHTS AND POWERS THAT ARE RESERVED TO MOUNT NITTANY HEALTH SYSTEM TO EMPLOY AND CONTRACT WITH PHYSICIANS IN ORDER TO SUPPORT MOUNT NITTANY MEDICAL CENTER, FOR THE CHARITABLE, SCIENTIFIC, AND EDUCATIONAL PURPOSES IN ITS COORDINATION AND DELIVERY OF HEALTH CARE SERVICES TO THE COMMUNITY.MNMC HEALTH SERVICES, INC. SUPPORTS THE HEALTH SYSTEM BY EMPLOYING APPROXIMATELY 107 PHYSICIANS WHO PROVIDE A VARIETY OF PRIMARY AND SPECIALTY CARE SERVICES AT A GROWING NUMBER OF OFFICES THROUGHOUT CENTRAL PENNSYLVANIA. OUR STAFF IS BOARD-CERTIFIED OR BOARD ELIGIBLE AND GROWING, AND WE PRIDE OURSELVES IN WORKING WITH AREA PROVIDERS TO MAXIMIZE HEALTHCARE OPPORTUNITIES FOR THE PEOPLE OF THIS REGION.ONE OF MOUNT NITTANY HEALTH SYSTEM'S MAJOR GOALS IN FORMING THE MNMC HEALTH SERVICES INC. WAS TO PROVIDE QUALITY CARE AT CONVENIENT LOCATIONS IN CENTRAL PENNSYLVANIA - NOT JUST PRIMARY CARE, BUT CARE IN MORE THAN 20 ADVANCED SPECIALTY AREAS.CHARGES FOR SERVICES PROVIDED WERE COMPRISED OF:- 44.6% MEDICARE- 7.8% MEDICAID- 1.5% SELF-PAY - 46.5% OTHERMNMC HEALTH SERVICES PROVIDES PHYSICIAN HEALTH CARE SERVICES FOR RESIDENTS OF ITS PRIMARY SERVICE AREA, WHICH INCLUDES STATE COLLEGE AND SURROUNDING COMMUNITIES. CHARITY CARE WAS $264,880 FOR FYE 2024.

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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 $47,386,443
Program Service Revenue $71,485,675
Investment Income $48,257
Other Revenue $10,984,024
TOTAL REVENUE $129,904,399

Expense Breakdown

Grants Paid $0
Salaries & Benefits $91,355,600
Fundraising Expenses $0
Program Expenses $101,052,235
Other Expenses $38,770,728
TOTAL EXPENSES $130,126,328

Year-over-Year Comparison

2023 2022 Change
Revenue $129,904,399 $114,890,171 +0.1%
Expenses $130,126,328 $114,117,041 +0.1%
Net Income $-221,929 $773,130 -1.3%
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
6
Independent Members
1
Employees
617
Volunteers
N/A

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
$4,914,062
Total Directors
6
$4,446,211
Key Employees
2
$850,171
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHRISTOPHER YINGLING MD CHAIR 40.00
Officer Director
$616,127 $36,383 $652,510
JEFFREY PRO MD SECRETARY/TREASURER 38.00
Officer Director
$426,843 $34,865 $461,708
BILL JOSEPH DIRECTOR 2.00
Director
$0 $0 $0
R KEVIN MURRAY DIRECTOR 2.00
Director
$0 $0 $0
EMILY PETERSON MD DIRECTOR 40.00
Director
$668,432 $34,950 $703,382
KATHLEEN RHINE CEO/OFFICER/DIRECTOR 2.00
Officer Director
$0 $296,030 $2,628,611
BRYAN ROACH EXECUTIVE VP & CFO 2.00
Officer
$0 $77,045 $767,856
DAWN TICE CHIEF OPERATING OFFICER 40.00
Officer
$402,095 $1,282 $403,377
JAMES PROWANT CHIEF OPERATING OFFICER 40.00
Key Emp
$385,457 $29,399 $414,856
CHRISTOPHER HESTER MD PRIMARY CARE CHIEF 40.00
Key Emp
$408,650 $26,665 $435,315
BRIAN SPENCER DO PHYSICIAN 40.00
Highest
$1,534,472 $28,856 $1,563,328
JAMES MARTIN MD PHYSICIAN 40.00
Highest
$1,000,404 $34,170 $1,034,574
VEERAL PATEL MD PHYSICIAN 40.00
Highest
$962,408 $39,401 $1,001,809
RONALD LAKATOS MD PHYSICIAN 40.00
Highest
$848,652 $37,713 $886,365
ALLISON YINGLING MD PHYSICIAN 40.00
Highest
$846,303 $5,798 $852,101
LANCE ROSE FORMER CEO/OFFICER/DIRECTO 0.00
$0 $0 $14,721
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 $129,904,399 $130,126,328 $52,734,706 $-221,929
2023 $114,890,171 $114,117,041 $32,897,977 $773,130
2022 $70,564,454 $109,415,752 $34,744,736 $-38,851,298
2021 $122,027,068 $87,429,435 $76,955,492 $34,597,633
2020 $92,930,191 $98,115,726 $51,409,788 $-5,185,535
2019 $90,302,902 $88,523,282 $30,694,075 $1,779,620
2018 $79,169,292 $82,629,819 $29,352,311 $-3,460,527
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