Oklahoma Hospital Association Inc

EIN: 730618552

Oklahoma City, OK

Total Revenue
$5,757,579
Total Expenses
$5,050,062
Total Assets
$10,153,346
Net Assets
$8,757,880
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1919
Legal Domicile
OK
Principal Officer
Richard Rasmussen
Phone
4054279537
Tax Period
2024-01-01 to 2024-12-31

Oklahoma Hospital Association Inc, founded in 1919, is a community nonprofit that reported $5.8M in total revenue in fiscal year 2024. Expenses of $5.1M left a modest 12% surplus.

Mission

The mission of the Oklahoma Hospital Association is to promote the welfare of the public by representing its members and advocating on their behalf, providing services to assist its members in meeting the health care needs of their communities, educating the public and providers on health policy and issues, and promoting quality health care for Oklahomans.The Association fulfills its mission through three primary activities:1. Assisting member hospitals in responding and adapting to challenges they face by providing appropriate representation, advice and service.2. Informing and educating members by serving as a forum for the consideration and discussion of timely issues.3. Serving as a strong advocate and voice for its members in the health policy formation process.

Program Service Accomplishments

Program 1
Expenses: $4,455,968 Revenue: $4,444,500

The Oklahoma Hospital Association is the voice of hospitals in Oklahoma. Established in 1919, the OHA represents more than 135 hospitals and health systems across the state. OHA's primary objective...

Read more

The Oklahoma Hospital Association is the voice of hospitals in Oklahoma. Established in 1919, the OHA represents more than 135 hospitals and health systems across the state. OHA's primary objective is to promote the health and welfare of all Oklahomans by leading and assisting its member organizations in providing high quality, safe and valued health care services to their communities. The OHA also believes hospitals play a vital role in helping to advance the overall state of health for their patients and the public at large. Statement continued on Schedule O.The OHA provides a variety of membership services including representation and advocacy at the state and federal national levels, educational programs, information and data analysis, patient quality and safety resources, and industry communication. Members can also avail themselves of various insurance and group-purchasing products.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $949,722
Program Service Revenue $4,596,552
Investment Income $211,305
Other Revenue $0
TOTAL REVENUE $5,757,579

Expense Breakdown

Grants Paid $63,550
Salaries & Benefits $3,065,880
Fundraising Expenses $0
Program Expenses $4,455,968
Other Expenses $1,920,632
TOTAL EXPENSES $5,050,062

Year-over-Year Comparison

2024 2023 Change
Revenue $5,757,579 $5,605,479 +0.0%
Expenses $5,050,062 $4,756,069 +0.1%
Net Income $707,517 $849,410 -0.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
17
Independent Members
16
Employees
30
Volunteers
18

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
$842,622
Total Directors
19
$588,837
Key Employees
2
$576,523
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Denise Webber Chair 1.00
Officer Director
$0 $0 $0
Tammy Powell Immediate Past Chair 1.00
Officer Director
$0 $0 $0
Bennett Geister Chair Elect 1.00
Officer Director
$0 $0 $0
Corey Lively Secretary/Treasurer 1.00
Officer Director
$0 $0 $0
Jonas Rabel NE Region Chair 1.00
Director
$0 $0 $0
Tom Vasko NW Region Chair 1.00
Director
$0 $0 $0
Trent Bourland SE Region Chair 1.00
Director
$0 $0 $0
Brent Smith SW Region Chair 1.00
Director
$0 $0 $0
Kevin Joseph MD Tulsa Region Chair 1.00
Director
$0 $0 $0
Tim Pehrson At-Large Member 1.00
Director
$0 $0 $0
Richad Lofgren MD At-Large Member 1.00
Director
$0 $0 $0
Richie Splitt At-Large Member until September 1.00
Director
$0 $0 $0
Steve Hartgraves At-Large Member 1.00
Director
$0 $0 $0
Joe Hodges At-Large Member 1.00
Director
$0 $0 $0
Cindy Martin At-Large Member 1.00
Director
$0 $0 $0
Cliff Robertson MD Physician Member 1.00
Director
$0 $0 $0
Dr Charles Grim AHA State Delegate 1.00
Director
$0 $0 $0
Jim Gebhart -Oklahoma City Region Chairman until February 1.00
Director
$0 $0 $0
Richard Rasmussen President and CEO 39.00
Officer Director
$496,465 $92,372 $588,837
Pamela Wells VP/CFO 30.00
Officer
$229,758 $24,027 $253,785
Mitzi McCullock VP, Health Policy & Finance 40.00
Key Emp
$290,789 $58,307 $349,096
Margaret Martin Chief Legal Officer 40.00
Key Emp
$187,541 $39,886 $227,427
Scott Tohlen VP of Advocacy 40.00
Highest
$155,833 $39,074 $194,907
Susan Wallace Director of Communications 40.00
Highest
$125,888 $28,818 $154,706
Emily Coppock VP of Clinical Excellence 40.00
Highest
$139,345 $14,885 $154,230
Eric Finley Executive Director, Foundation 20.00
Highest
$100,746 $14,985 $115,731
Patrice Greenawalt Manager, Clinical Initiatives 20.00
Highest
$135,225 $3,893 $139,118
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 $5,757,579 $5,050,062 $10,153,346 $707,517
2023 $5,605,479 $4,756,069 $9,153,713 $849,410
2022 $5,484,445 $5,251,639 $8,900,228 $232,806
2021 $5,374,823 $5,156,712 $5,881,372 $218,111
2020 $8,596,972 $8,195,883 $5,493,559 $401,089
2019 $7,545,028 $8,521,522 $5,894,119 $-976,494
2018 $5,929,296 $5,936,561 $6,467,472 $-7,265
Explore More Nonprofits
Top 100 Nonprofits in Oklahoma Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Oklahoma Hospital Association Inc with other nonprofits in Oklahoma and across the country.