KentuckyOne Health

Nonprofit profile at a glance

EIN
611029768
IRS 990 coverage
2010–2024
Official website data refreshed
Sep 2026
Forms available
Form 990 2024
Location
Louisville, KY, United States
Phone
5025403888
Rating
53
Verdict
MIXED
Rating confidence
Moderate
Sector
Hospital, General
Affiliation
Judaism

Official website

Reported finances

Revenue
$8,654,249
Expenses
$45,004
Assets
$14,494,545
Liabilities
$3,570,341

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

Leadership & pay

29 people listed

Executive titles in this filing

  • T DOUGLAS LAWSON (DIRECTOR/PRESIDENT SOUTH REGION (THRU 2/21/25))
  • ANTHONY HOUSTON (FORMER OFFICER/MARKET PRESIDENT ARIZONA)
  • MATTHEW GRIMSHAW (DIRECTOR/MARKET PRESIDENT (EFFECTIVE 12/16/24))
  • CHRISTY SPITSER (INTERIM MKT PRESIDENT (THRU 12/15/24)/TREASURER/MK)

Highest reported compensation

  • T DOUGLAS LAWSON (DIRECTOR/PRESIDENT SOUTH REGION (THRU 2/21/25)): $3,876,407 total reported compensation
  • LARRY SCHUMACHER (FORMER OFFICER/EXECUTIVE CONSULTANT): $2,514,435 total reported compensation
  • ANTHONY HOUSTON (FORMER OFFICER/MARKET PRESIDENT ARIZONA): $1,767,367 total reported compensation

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

Overview

Mission

In consonance with our Jewish and Catholic beliefs, traditions and heritage of service, it is the Mission of JHSMH to provide health care services of world class quality to all people. Your donation to the Jewish Hospital & St. Mary's Foundation helps advance our mission.Thank you for your charitable contribution to the Jewish Hospital & St. Mary’s Foundation. Your gift supports the work of Jewish Hospital & St. Mary’s HealthCare, an organization that is vital to the health and welfare of people across Kentuckiana. Through the Foundation, we strive to make a real difference in our community—from building new patient care facilities and acquiring new technologies to providing educational opportunities for nursing students and discovering medical breakthroughs. A gift to the Jewish Hospital & St. Mary's Foundation is forever appreciated. You can honor a staff member or physi.

What it reported doing in 2024

The majority of this entity was divested on november 1, 2019. All hospital related operations ceased. During the current year, the only activity being reported is due to the wrapping up of operations.

Operating model

Revenue model
Investment-supported. 100% of the money available for current operations came from recurring investment income.
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 - Most voting board members are independent and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence.

Rating breakdown

  • Financial Efficiency: 39
  • Transparency & Controls: 58
  • Accountability: 78
  • Sustainability: 81
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 42.6%; rating input score 43
  • Program expense ratio: 46.3%; rating input score 46
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 90.9%; rating input score 91; 5th 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: 84.6%; rating input score 85; 17th percentile among comparable filings
  • Governance controls: 6 of 9 controls in place; rating input score 67
    • 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: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 99.5%; rating input score 100; 100th percentile among comparable filings
  • Total-asset coverage ratio: 322.07; rating input score 100; 100th percentile among comparable filings
  • Liabilities to assets ratio: 0.25; rating input score 39; 39th percentile among comparable filings
  • Officer compensation ratio: 1,484.8%; rating input score 0; 0th percentile among comparable filings

Growth

  • Program expense growth: -23.2% per year; rating input score 0; 1st percentile among comparable filings
  • Revenue growth: -15.8% per year; rating input score 0; 1st percentile among comparable filings
  • Asset growth: -14.8% per year; rating input score 0; 1st percentile among comparable filings

Details

  • What they do: 1 programs and campaigns described on the official site · 1 operating location identified
  • Where the money goes: 42.6% of revenue deployed · 46.3% of spending went to programs
  • Governance: 11 of 13 board members independent · 6 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $21K in reported program spending
  • Leadership: top reported pay $3.9M · 29 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 18 of 19 current checks pass · 1 finding to review
  • Schedules: 6 filed schedules · includes executive pay
  • Filing history: 15 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 5 filed money-flow records
  • Related organizations: 329 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 43/100.
  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • Moderate — Financial Efficiency: Program expense ratio scored 46/100.
  • Review — Accountability: Governance controls: 3 of 9 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 0/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 39/100.