Deaconess Health Kentucky Inc
Nonprofit profile at a glance
- EIN
- 830966826
- IRS 990 coverage
- 2018–2024
- Forms available
- Form 990 2024
- Location
- Evansville, IN, USA
- Phone
- 8124502220
- Rating
- 56
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Health, General and Financing
Reported finances
- Revenue
- $14,548,834
- Expenses
- $7,862,743
- Assets
- $49,155,110
- Liabilities
- $40,022,196
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- SHAWN MCCOY (PRESIDENT & CEO DEACONESS HEALTH SYSTEM)
- MARC J FLORENCE (VICE PRESIDENT)
Highest reported compensation
- SHAWN MCCOY (PRESIDENT & CEO DEACONESS HEALTH SYSTEM): $2,377,687 total reported compensation
- CHERYL WATHEN (TREASURER/CHIEF FINANCIAL OFFICER): $1,183,383 total reported compensation
- MARC J FLORENCE (VICE PRESIDENT): $907,337 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 health Kentucky will deliver or support the delivery of quality, cost-effective health care and medical services to the public and other activities designed to promote the health care needs and welfare of communities in the state of Kentucky.
What it reported doing in 2024
Deaconess Kentucky also supports emergency medical services in the region through its ems program, which provides prehospital care, including 911 response and interfacility transfers, across henderson, union and webster counties. The program operates three stations, one in each county, and is the sole ems provider in this service area. In addition to emergency response, the program engages in community health and safety education, including child safety seat checks, cpr training, injury prevention demonstrations and a baby safe sleep program conducted in partnership with deaconess hospitals. The program has held recognition under the Kentucky emsc voluntary ems pediatric recognition program since 2023, reflecting its ongoing commitment to pediatric readiness and preparedness.
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
MIXED - Program spending has grown recently and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of voting board members are independent.
Rating breakdown
- Financial Efficiency: 55
- Transparency & Controls: 58
- Accountability: 42
- Sustainability: 74
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 47%; rating input score 47
- Program expense ratio: 87%; rating input score 87
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 90.9%; rating input score 91; 4th percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 0%; rating input score 0; 3rd percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 46%; rating input score 93; 93rd percentile among comparable filings
- Total-asset coverage ratio: 6.25; rating input score 87; 87th percentile among comparable filings
- Liabilities to assets ratio: 0.81; rating input score 13; 13th percentile among comparable filings
- Officer compensation ratio: 9%; rating input score 24; 24th percentile among comparable filings
Growth
- Program expense growth: 10% per year; rating input score 100; 70th percentile among comparable filings
- Revenue growth: 23.5% per year; rating input score 100; 94th percentile among comparable filings
- Asset growth: 11.5% per year; rating input score 100; 70th percentile among comparable filings
Details
- Where the money goes: 47% of revenue deployed · 87% of spending went to programs
- Governance: 0 of 3 board members independent · 9 of 9 filing controls reported
- Programs: 2 filed program accomplishments · $6.8M in reported program spending
- Leadership: top reported pay $2.4M · 3 people listed · 0 of 6 pay-setting controls reported
- Consistency: 24 of 24 current checks pass
- Schedules: 5 filed schedules · includes executive pay
- Filing history: 7 filing years from 2018 to 2024
- Contacts: How to reach this organization
- Related organizations: 34 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.
- Moderate — Financial Efficiency: Mission deployment rate scored 47/100.
- High — Accountability: Independent voting board scored 0/100.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 13/100.
- High — Sustainability: Officer compensation ratio scored 24/100.