Good Samaritan Medical Center

Nonprofit profile at a glance

EIN
314379479
IRS 990 coverage
2010–2016
Forms available
Form 990 2016
Location
Zanesville, OH, USA
Phone
7404545000
Rating confidence
Limited
Sector
Hospital, General

Official website

Reported finances

Revenue
$312,681
Expenses
$200
Assets
$3,587,173
Liabilities
$1,456

Source: IRS Form 990. Selected filing: tax year 2016. Amounts in USD.

Leadership & pay

15 people listed

Executive titles in this filing

  • MATTHEW PERRY (PRES/CEO/SEC(1-1/5-4)/SEC/TREAS(5-4/12-31))

Highest reported compensation

  • MATTHEW PERRY (PRES/CEO/SEC(1-1/5-4)/SEC/TREAS(5-4/12-31)): $773,911 total reported compensation
  • PAUL MASTERSON (CFO(1-1/5-4)/ASST TREAS(5-4/12-31)): $473,321 total reported compensation
  • SHELLEY FULLER (ASST SECRETARY: 5-4 THRU 12-31): $100,150 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2016. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To promote charitable support for genesis healthcare system as we share its mission to provide compassionate, quality healthcare.

What it reported doing in 2016

In 1997, good samaritan medical center and bethesda hospital association, a tax-exempt community hospital also located in zanesville, affiliated to form genesis healthcare system. Genesis has been granted 501(c)(3) status as a hospital. All hospital operations and assets of good samaritan medical center were transferred to genesis with the exception of certain investments. Good samaritan medical center will continue to have control over certain investments which are being used by the genesis healthcare system in fulfilling its tax-exempt purpose.

Operating model

Revenue model
No positive adjusted resources. The filing reports no positive adjusted operating resources.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 64
  • Accountability: 42
  • Sustainability: 85
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: 0%; rating input score 0
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd 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: 40%; rating input score 40; 14th percentile among comparable filings
  • Governance controls: 4 of 9 controls in place; rating input score 44
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Fail
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 99.9%; rating input score 100; 100th percentile among comparable filings
  • Total-asset coverage ratio: 17,935.87; rating input score 100; 100th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 69; 69th percentile among comparable filings
  • Officer compensation ratio: 93,882.5%; rating input score 0; 0th percentile among comparable filings

Growth

  • Program expense growth: -79.3% per year; rating input score 0; 1st percentile among comparable filings
  • Revenue growth: 10% per year; rating input score 100; 75th percentile among comparable filings
  • Asset growth: -8.6% per year; rating input score 0; 13th percentile among comparable filings

Details

  • Where the money goes: 0% of spending went to programs
  • Governance: 2 of 5 board members independent · 4 of 9 filing controls reported
  • Programs: 1 filed program accomplishment
  • Leadership: top reported pay $774K · 15 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 12 of 12 current checks pass
  • Schedules: 6 filed schedules · includes executive pay
  • Filing history: 7 filing years from 2010 to 2016
  • Contacts: How to reach this organization
  • Related organizations: 14 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.

  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • Moderate — Accountability: Independent voting board scored 40/100.
  • Moderate — Accountability: Governance controls: 4 of 8 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 0/100.