Deaconess Health System

Legal name: Deaconess Clinic Inc

Nonprofit profile at a glance

EIN
263083364
IRS 990 coverage
2009–2024
Official website data refreshed
Sep 2026
Forms available
Form 990 2024, Form 990-T 2024
Location
Evansville, IN, US
Phone
812-450-5000
Rating
72
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Ambulatory Health Center, Community Clinic

Official website

Reported finances

Revenue
$178,762,599
Expenses
$279,443,140
Assets
$89,813,501
Liabilities
$309,873,528

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

14 people listed

Executive titles in this filing

  • JAY WOODLAND MD (PRESIDENT)

Highest reported compensation

  • JON DAVIS (PHYSICIAN): $3,017,070 total reported compensation
  • MIR FAHAD FAISAL (PHYSICIAN): $2,312,259 total reported compensation
  • RUBIN D BAHUVA (PHYSICIAN): $1,774,899 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Deaconess clinic was organized exclusively for charitable, education, and scientific program purposes within the meaning of section 501(c)(3) of the IRS code which include (among others): to deliver health care to the public; to carry out scientific research and research projects in the public interest in the fields of medical sciences, medical economics, public health, sociology, and related area; to improve and develop the capabilities of individuals and institutions studying, teaching, and practicing medicine and other health occupations; to provide health care and health-related education for the benefit of the community in a systematic, integrated and coordinated fashion within the deaconess health system and deaconess hospital, inc. And their affiliates.

What it reported doing in 2024

The deaconess research institute assists the deaconess health system through its 22 hospital locations, 100+ of clinics & ambulatory facilities, and various community partners in the tri-state area in gaining access to leading edge medical science and new treatments for acute and chronic illnesses. The institute was awarded 15 new and expanded clinical research grants this year to study investigational drugs and devices across 8 fields of medicine including, but not limited to, new treatments for asthma, cancer screening, copd, follicular lymphoma, heart failure, hereditary angioedema, irritable bowel syndrome, mash, migraine, obesity, peanut allergy, psoriasis, stroke, urticaria. The new research contracts provided treatment or testing opportunities and preventative health services for thousands of patients. In all, the newly awarded grants and contracts this year totaled $2.7 million to cover the costs associated with the conduct of the clinical trials within the region. 194 patients were screened for clinical trial qualification throughout the year, with 160 new patients enrolled into clinical protocols, resulting in 1,143 research related patient visits.

Operating model

Revenue model
Earned-program. 99% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 87
  • Transparency & Controls: 61
  • Accountability: 66
  • Sustainability: 6
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 93.6%; rating input score 94
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 91.7%; rating input score 92; 8th percentile among comparable filings
  • Pay-setting controls: 1 of 6 controls in place; rating input score 17
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 50%; rating input score 50; 13th percentile among comparable filings
  • Governance controls: 7 of 8 controls in place; rating input score 88
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -56.3%; rating input score 1; 1st percentile among comparable filings
  • Total-asset coverage ratio: 0.32; rating input score 11; 11th percentile among comparable filings
  • Liabilities to assets ratio: 3.45; rating input score 1; 1st percentile among comparable filings
  • Officer compensation ratio: 4.3%; rating input score 22; 22nd percentile among comparable filings

Growth

  • Program expense growth: 10.6% per year; rating input score 100; 76th percentile among comparable filings
  • Revenue growth: 8.7% per year; rating input score 100; 71st percentile among comparable filings
  • Asset growth: 15.7% per year; rating input score 100; 87th percentile among comparable filings

Details

  • What they do: 1 programs and campaigns described on the official site · 11 operating locations identified
  • Where the money goes: 100% of revenue deployed · 93.6% of spending went to programs
  • Governance: 2 of 4 board members independent · 7 of 8 filing controls reported
  • Programs: 2 filed program accomplishments · $261.7M in reported program spending
  • Leadership: top reported pay $3M · 14 people listed · 1 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $4.3M reported
  • Consistency: 26 of 27 current checks pass · 1 finding to review
  • Schedules: 6 filed schedules · includes executive pay
  • Filing history: 16 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 8 filed money-flow records
  • Related organizations: 33 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Accountability: Independent voting board scored 50/100.
  • High — Sustainability: Operating margin scored 1/100.
  • High — Sustainability: Total-asset coverage ratio scored 11/100.
  • Review — Accountability: Governance controls: Other executive compensation review process not reported.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • High — Sustainability: Liabilities to assets ratio scored 1/100.
  • High — Sustainability: Officer compensation ratio scored 22/100.