KENTUCKY ASSOCIATION OF HEALTH CARE FACILITIES

EIN: 610728963

LOUISVILLE, KY

Total Revenue
$3,040,015
Total Expenses
$2,556,370
Total Assets
$2,409,238
Net Assets
$2,119,642
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1952
Legal Domicile
KY
Principal Officer
ADAM MATHER
Phone
5024255000
Tax Period
2024-07-01 to 2025-06-30

KENTUCKY ASSOCIATION OF HEALTH CARE FACILITIES, founded in 1952, is a community nonprofit that reported $3.0M in total revenue in fiscal year 2024. Revenue surged 25% from the prior year, signaling strong growth momentum. The organization ran a surplus of $484K, a strong 16% operating margin.

Mission

TRADE ASSOCIATION FOR LONG TERM CARE FACILITIES IN KENTUCKY.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $2,645,168
Investment Income $79,169
Other Revenue $315,678
TOTAL REVENUE $3,040,015

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,286,623
Fundraising Expenses $0
Program Expenses $1,865,937
Other Expenses $1,269,747
TOTAL EXPENSES $2,556,370

Year-over-Year Comparison

2024 2023 Change
Revenue $3,040,015 $2,437,449 +0.2%
Expenses $2,556,370 $2,618,655 0.0%
Net Income $483,645 $-181,206 -3.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
27
Independent Members
27
Employees
11
Volunteers
27

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
$330,765
Total Directors
27
$0
Key Employees
0
$0
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHELLE JARBOE CHAIRMAN 1.00
Officer Director
$0 $0 $0
THOMAS JASON GUAM IMMEDIATE PAST CHAIR 1.00
Director
$0 $0 $0
MARK BOWMAN FIRST VICE CHAIR 1.00
Officer Director
$0 $0 $0
JOHN MULLER SECOND VICE CHAIR 1.00
Officer Director
$0 $0 $0
PHILIP TRAVIS TREASURER 1.00
Officer Director
$0 $0 $0
DAVID MCKENZIE SECRETARY 1.00
Officer Director
$0 $0 $0
MISSY BENTLEY BOARD MEMBER 1.00
Director
$0 $0 $0
KELLY BELCHER BOARD MEMBER 1.00
Director
$0 $0 $0
HAL BRECHER BOARD MEMBER 1.00
Director
$0 $0 $0
TREVOR DAVIS BOARD MEMBER 1.00
Director
$0 $0 $0
JAY FRANCES BOARD MEMBER 1.00
Director
$0 $0 $0
CONJUNA COLLIER BOARD MEMBER 1.00
Director
$0 $0 $0
JEAN WELLS BOARD MEMBER 1.00
Director
$0 $0 $0
DAVID CRAIG BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN DAILEY BOARD MEMBER 1.00
Director
$0 $0 $0
BEN DURHAM BOARD MEMBER 1.00
Director
$0 $0 $0
AMANDA GREEN BOARD MEMBER 1.00
Director
$0 $0 $0
MARY HAYNES BOARD MEMBER 1.00
Director
$0 $0 $0
KIM NALL BOARD MEMBER 1.00
Director
$0 $0 $0
STEVE MCKINLEY BOARD MEMBER 1.00
Director
$0 $0 $0
DALYN MILLER BOARD MEMBER 1.00
Director
$0 $0 $0
VICKI PHILLIPS BOARD MEMBER 1.00
Director
$0 $0 $0
TERRY SKAGGS BOARD MEMBER 1.00
Director
$0 $0 $0
PENNY UPTON BOARD MEMBER 1.00
Director
$0 $0 $0
JENNIFER SOLDEVILLA BOARD MEMBER 1.00
Director
$0 $0 $0
SARAH STEWERT BOARD MEMBER 1.00
Director
$0 $0 $0
BRANDIE WINDSOR-SHAKLIN BOARD MEMBER 1.00
Director
$0 $0 $0
ADAM MATHER PRESIDENT 40.00
Officer
$285,545 $45,220 $330,765
LISA BIDDLE-PUFFER VP OF REGULATORY AFFAIRS 40.00
Highest
$142,776 $25,910 $168,686
JEREMY BISCHOFF VP OF REIMBURSEMENT 40.00
Highest
$131,809 $22,220 $154,029
ANGELA PORTER VP OF MEMBERSHIP 40.00
Highest
$103,830 $17,644 $121,474
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 $3,040,015 $2,556,370 $2,409,238 $483,645
2024 $2,437,449 $2,618,655 $1,989,790 $-181,206
2023 $2,459,945 $2,311,890 $1,974,333 $148,055
2022 $2,297,551 $2,063,373 $1,731,722 $234,178
2021 $2,027,783 $1,881,451 $1,871,696 $146,332
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