LOUISVILLE HEALTHCARE CEO COUNCIL INC

EIN: 823835653 Health Care

LOUISVILLE, KY

Total Revenue
$2,581,094
Total Expenses
$3,168,235
Total Assets
$1,409,382
Net Assets
$-615,438
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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
2017
Legal Domicile
KY
Principal Officer
TAMMY YORK DAY
Phone
5025485094
Tax Period
2022-01-01 to 2022-12-31

LOUISVILLE HEALTHCARE CEO COUNCIL INC, founded in 2017, is a community nonprofit in the Health Care sector that reported $2.6M in total revenue in fiscal year 2022. Revenue surged 61% from the prior year, signaling strong growth momentum. Expenses of $3.2M exceeded revenue, resulting in a 23% operating deficit.

Mission

LHCC IS DEDICATED TO THE PROMOTION OF HEALTHCARE AND HAVE COME TOGETHER TO BRING THEIR RESOURCES AND EXPERTISE TO THIS ORGANIZATION, WHICH IS DEDICATED TO A) PROMOTING HEALTHCARE FOR SENIORS, B) PROMOTING LOUISVILLE AND JEFFERSON COUNTY, KENTUCKY, AS AMERICA'S "HEALTHCARE AGING INNOVATION CAPITOL" (THE COUNTRY'S LARGEST CLUSTER OF AGING INNOVATION BUSINESSES), C)PROMOTING ECONOMIC DEVELOPMENT IN THE REGION AND STATE, INCLUDING THROUGH EMPLOYMENT, AND ENTREPRENEURIAL OPPORTUNITIES D) SOLVE NATIONAL HEALTHCARE CHALLENGES RELATED TO AN AGING DEMOGRAPHIC.

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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 (2022)

Revenue Breakdown

Contributions & Grants $2,389,679
Program Service Revenue $92,197
Investment Income $0
Other Revenue $99,218
TOTAL REVENUE $2,581,094

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,001,235
Fundraising Expenses $0
Program Expenses $2,696,655
Other Expenses $2,167,000
TOTAL EXPENSES $3,168,235

Year-over-Year Comparison

2022 2021 Change
Revenue $2,581,094 $1,604,317 +0.6%
Expenses $3,168,235 $1,911,211 +0.7%
Net Income $-587,141 $-306,894 +0.9%
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
15
Independent Members
15
Employees
9
Volunteers
15

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
1
$441,111
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TAMMY YORK DAY PRESIDENT/CEO 50.00
Officer
$434,210 $6,901 $441,111
GERARD COLMAN BOARD CHAIR 1.00
Director
$0 $0 $0
E JOSEPH STEIER TREASURER 1.00
Director
$0 $0 $0
DR CEDRIC FRANCOIS SECRETARY 1.00
Director
$0 $0 $0
RUSSELL COX MEMBER OF THE BOARD 1.00
Director
$0 $0 $0
DAVID COOK MEMBER OF THE BOARD 1.00
Director
$0 $0 $0
BRUCE BROUSSARD MEMBER OF THE BOARD 1.00
Director
$0 $0 $0
KENNAN WETHINGTON MEMBER OF THE BOARD 1.00
Director
$0 $0 $0
JON ROUSSEAU MEMBER OF THE BOARD 1.00
Director
$0 $0 $0
MARK VOGT MEMBER OF THE BOARD 1.00
Director
$0 $0 $0
LEIGH ANN BARNEY MEMBER OF THE BOARD 1.00
Director
$0 $0 $0
LORI STEWART GONZALEZ MEMBER OF THE BOARD 1.00
Director
$0 $0 $0
KEITH MYERS MEMBER OF THE BOARD 1.00
Director
$0 $0 $0
JOE VENTURA MEMBER OF THE BOARD 1.00
Director
$0 $0 $0
JOHN MOORE MEMBER OF THE BOARD 1.00
Director
$0 $0 $0
LARRY BENZ MEMBER OF THE BOARD 1.00
Director
$0 $0 $0
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
2022 $2,581,094 $3,168,235 $1,409,382 $-587,141
2021 $1,604,317 $1,911,211 $1,365,887 $-306,894
2020 $1,520,498 $1,286,099 $1,095,557 $234,399
2019 $684,028 $781,634 $469,986 $-97,606
2018 $634,095 $613,849 $537,038 $20,246
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