Bowling Green Warren County Community Hospital Corporation

EIN: 610920842 501(c)(3) Health Care

Bowling Green, KY

Total Revenue
$838,779,513
Total Expenses
$668,748,515
Total Assets
$1,285,463,047
Net Assets
$959,086,894
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1977
Legal Domicile
KY
Phone
2707451551
Tax Period
2024-04-01 to 2025-03-31

Bowling Green Warren County Community Hospital Corporation, founded in 1977, is a major nonprofit in the Health Care sector that reported $838.8M in total revenue in fiscal year 2024. Revenue surged 32% from the prior year, signaling strong growth momentum. The organization ran a surplus of $170.0M, a strong 20% operating margin.

Mission

PROVIDES INPATIENT AND OUTPATIENT ACUTE CARE SERVICES BY OR UNDER THE SUPERVISION OF PHYSICIANS IN BOWLING GREEN, KENTUCKY AND IN THE SURROUNDING COUNTIES.

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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 $694,296
Program Service Revenue $743,052,494
Investment Income $72,640,093
Other Revenue $22,392,630
TOTAL REVENUE $838,779,513

Expense Breakdown

Grants Paid $43,063
Salaries & Benefits $244,871,860
Fundraising Expenses $0
Program Expenses $604,231,108
Other Expenses $423,833,592
TOTAL EXPENSES $668,748,515

Year-over-Year Comparison

2024 2023 Change
Revenue $838,779,513 $637,684,553 +0.3%
Expenses $668,748,515 $538,109,311 +0.2%
Net Income $170,030,998 $99,575,242 +0.7%
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
13
Independent Members
10
Employees
3307
Volunteers
55

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
8
$3,598,773
Total Directors
13
$2,274,443
Key Employees
1
$395,981
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DR ELI JACKSON III CHAIR 2.0
Officer Director
$0 $0 $2,740
DR PAUL COOK VICE CHAIR 2.0
Officer Director
$0 $0 $0
MR JOE NATCHER SECRETARY 2.0
Officer Director
$0 $0 $2,740
MS CONNIE D SMITH PRESIDENT / CEO 2.0
Officer Director
$0 $132,368 $1,486,205
DR DONNA BLACKBURN DIRECTOR 2.0
Director
$0 $0 $2,740
DR DOUG THOMSON DIRECTOR / PHYSICIAN 2.0
Director
$2,522 $0 $2,522
DR JACKIE POPE-TARRENCE DIRECTOR 2.0
Director
$6,696 $0 $6,696
DR MOHAMMED KAZIMUDDIN DIRECTOR / PHYSICIAN 40.0
Director
$334,767 $3,584 $338,351
DR WILLIAM MOSS DIRECTOR / PHYSICIAN / CHIEF MEDICAL OFFICER 40.0
Director
$388,786 $32,703 $421,489
MR STEVE THURMOND DIRECTOR 2.0
Director
$0 $0 $2,740
MR TOMMY LOVING DIRECTOR 2.0
Director
$0 $0 $2,740
MS CATHY BISHOP DIRECTOR 2.0
Director
$0 $0 $2,740
MS JANET JOHNSON DIRECTOR 2.0
Director
$0 $0 $2,740
MR DAVID GRAY EXECUTIVE VICE PRESIDENT 2.0
Officer
$0 $49,504 $503,354
MR WADE STONE EXECUTIVE VICE PRESIDENT 2.0
Officer
$0 $80,371 $546,106
MS KATRINA WOOD EVP / CHIEF NURSING OFFICER 50.0
Officer
$317,031 $89,125 $406,156
MS MICHELE W LAWLESS EXECUTIVE VICE PRESIDENT / CFO 2.0
Officer
$0 $111,149 $651,472
MR ERIC HAGAN VP OF RURAL HOSPITALS 28.0
Key Emp
$310,314 $85,667 $395,981
DR CATRINIA DRUEN PHYSICIAN 40.0
Highest
$498,846 $21,102 $519,948
DR DANIEL L DAVIS PHYSICIAN 40.0
Highest
$593,881 $43,986 $637,867
DR DARIN L PASSER PHYSICIAN 40.0
Highest
$638,371 $47,657 $686,028
DR JOSEPH GRAU PHYSICIAN 40.0
Highest
$376,813 $75,031 $451,844
DR SHAFIA RUBEEN PHYSICIAN 40.0
Highest
$378,373 $36,494 $414,867
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 $838,779,513 $668,748,515 $1,285,463,047 $170,030,998
2024 $637,684,553 $538,109,311 $1,101,394,731 $99,575,242
2023 $507,963,824 $478,554,310 $782,228,904 $29,409,514
2022 $555,557,288 $456,381,437 $777,162,552 $99,175,851
2021 $504,789,638 $423,454,699 $754,264,219 $81,334,939
2020 $447,740,917 $392,901,180 $613,719,696 $54,839,737
2019 $424,536,863 $382,622,761 $565,225,170 $41,914,102
2018 $405,781,448 $376,494,406 $556,438,965 $29,287,042
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