UOFL HEALTH-SHELBYVILLE INC

EIN: 843196350 501(c)(3) Health Care

LOUISVILLE, KY

Total Revenue
$37,964,850
Total Expenses
$44,349,439
Total Assets
$15,435,339
Net Assets
$8,128,884
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
KY
Principal Officer
KIRK STRACK
Phone
5025617213
Tax Period
2024-07-01 to 2025-06-30

UOFL HEALTH-SHELBYVILLE INC, founded in 2019, is a mid-sized nonprofit in the Health Care sector that reported $38.0M in total revenue in fiscal year 2024. Expenses of $44.3M exceeded revenue, resulting in a 17% operating deficit.

Mission

TO OPERATE AND MAINTAIN A HOSPITAL AFFILIATED WITH THE UNIVERSITY OF LOUISVILLE SCHOOL OF MEDICINE AND TO PROVIDE CARE FOR THE PEOPLE WHO ARE IN NEED OF THOSE, OR RELATED, MEDICAL SERVICES.

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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 $37,840,226
Investment Income $0
Other Revenue $124,624
TOTAL REVENUE $37,964,850

Expense Breakdown

Grants Paid $36,913
Salaries & Benefits $20,509,073
Fundraising Expenses $0
Program Expenses $38,872,016
Other Expenses $23,803,453
TOTAL EXPENSES $44,349,439

Year-over-Year Comparison

2024 2023 Change
Revenue $37,964,850 $36,933,052 +0.0%
Expenses $44,349,439 $42,556,616 +0.0%
Net Income $-6,384,589 $-5,623,564 +0.1%
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

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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
12
Independent Members
6
Employees
N/A
Volunteers
6

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
7
$4,699,151
Total Directors
12
$3,509,887
Key Employees
2
$595,007
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
THOMAS D MILLER CEO UOFL HEALTH/SECRETARY 2.00
Officer Director
$63,640 $42,566 $1,506,279
ANDREW DUFFEE MD VICE CHAIR/ORTHOPEDIC SURGEON 40.00
Officer Director
$804,293 $58,032 $862,325
VALERIE BRIONES-PRYOR MD MEMBER/HOSPITALIST 40.00
Director
$401,367 $60,909 $462,276
GREGORY PFISTER MD MEMBER/PULOMONOLOGIST 1.00
Director
$339,734 $37,036 $376,770
KENNETH GARDNER MD VICE CHAIR/ORTHOPEDIC SURGEON 1.00
Officer Director
$0 $38,637 $234,532
PAT HARGADON CHAIR 1.00
Officer Director
$0 $0 $0
RON CAUGHRON MEMBER 1.00
Director
$0 $0 $0
RAY LEATHERS MEMBER 1.00
Director
$0 $0 $0
GARY WALLS MEMBER 1.00
Director
$0 $0 $0
JAMICE HARRIS MEMBER 1.00
Director
$0 $18,481 $67,705
STEVE MEADOR MEMBER 1.00
Director
$0 $0 $0
TROY RAWLINS MEMBER 1.00
Director
$0 $0 $0
KEN MARSHALL COO UOFL HEALTH 2.00
Officer
$30,292 $22,266 $718,995
KIRK STRACK CFO UOFL HEALTH 2.00
Officer
$23,961 $39,132 $590,228
JAMES SMITH MD CMO-UOFL HEALTH/UOFL ASSOC. PROFESSOR 2.00
Officer
$13,095 $54,930 $786,792
TIMOTHY AARON GAROFOLA CEO SHELBYVILLE HOSPITAL 40.00
Key Emp
$325,035 $49,549 $374,584
ANNESSA BAKER CAO/NURSE EXECUTIVE 40.00
Key Emp
$184,082 $36,341 $220,423
JAMES BOSE DIRECTOR - IMAGING SERVICE 40.00
Highest
$141,107 $41,619 $182,726
KELLY NOLAN DIRECTOR - NURSING 40.00
Highest
$143,402 $24,927 $168,329
RICKY PRUITT RN FLOAT CRITICAL CARE 40.00
Highest
$168,428 $40,331 $208,759
KAREN CONWAY MANAGER PHARMACY SERVICES 40.00
Highest
$174,659 $22,933 $197,592
NATHAN MOORE DIRECTOR - LABORATORY 40.00
Highest
$129,807 $14,400 $144,207
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 $37,964,850 $44,349,439 $15,435,339 $-6,384,589
2024 No data No data No data No data
2024 No data No data No data No data
2023 $35,925,141 $37,979,925 $15,415,943 $-2,054,784
2022 $33,235,838 $35,045,826 $13,961,052 $-1,809,988
2021 $28,498,205 $27,221,509 $18,547,029 $1,276,696
2020 $16,689,423 $16,749,133 $17,393,919 $-59,710
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