Methodist Medical Group Inc

Nonprofit profile at a glance

EIN
351945384
IRS 990 coverage
2010–2017
Forms available
Form 990 2017
Location
Indianapolis, IN, USA
Phone
3179634842
Rating
25
Verdict
REVIEW
Rating confidence
Moderate
Sector
Group Health Practice (Health Maintenance Organizations)
Affiliation
Christianity

Reported finances

Revenue
$14,019
Expenses
$5,736
Assets
$0
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2017. Amounts in USD.

Leadership & pay

7 people listed

Executive titles in this filing

  • STEPHEN H POLLOM MD (PRESIDENT & CEO (PARTIAL YEAR))

Highest reported compensation

  • RYAN C KITCHELL (DIRECTOR): $1,375,130 total reported compensation
  • DANIEL F EVANS JR (CHAIRMAN (PARTIAL YEAR)): $802,225 total reported compensation
  • MARY BETH CLAUS (DIRECTOR/SECRETARY): $644,203 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2017. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Provide compassionate and excellent care in order to enhance the total well-being of our patients and the community we serve without regard to the ability to pay.

What it reported doing in 2017

Methodist Medical Group, Inc. ("Methodist Medical Group") was dissolved on December 31, 2017. Prior to its dissolution, Methodist Medical Group was the sole member of MH Healthcare, Inc. ("MH Healthcare"). MH Healthcare was also dissolved on December 31, 2017. Prior to MH Healthcare's dissolution, it was a member of Rehabilitation Hospital of Indiana, Inc. ("RHI"), a 501(c)(3) tax-exempt organization under IRC 170(b)(1)(A)(iii). After MH Healthcare's dissolution, its former membership in RHI transferred to Indiana University Health, Inc. ("IU Health"). RHI's mission is to provide personalized, compassionate care that enables individuals to regain hope and independence after a life-changing injury or illness. RHI is the only rehabilitation hospital in the State of Indiana that is CARF accredited in brain injury, spinal cord injury, and stroke. Through Methodist Medical Group's sole membership in MH Healthcare, and MH Healthcare's membership in RHI, Methodist Medical Group effectively had the ability to appoint two out of the four members of RHI's board of directors. This ability gave Methodist Medical Group a significant voice in the governance, operations, and program services of RHI.

Operating model

Revenue model
Earned-program. 100% of the money available for current operations came from fees and other program revenue.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

REVIEW - The strongest available result is that the filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 58
  • Accountability: 28
  • Sustainability: 44
  • Growth: 0

Detailed rating inputs

Financial Efficiency

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

Transparency & Controls

  • Consistency checks: 90.9%; rating input score 91; 15th 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; 9th 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: 59.1%; rating input score 93; 93rd percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 7,052.3%; rating input score 0; 0th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -65.1% per year; rating input score 0; 6th percentile among comparable filings
  • Asset growth: -22.7% per year; rating input score 0; 9th percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: 0 of 2 board members independent · 6 of 9 filing controls reported
  • Programs: 2 filed program accomplishments
  • Leadership: top reported pay $1.4M · 7 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 13 of 14 current checks pass · 1 finding to review
  • Schedules: 6 filed schedules · includes executive pay
  • Filing history: 8 filing years from 2010 to 2017
  • Contacts: How to reach this organization
  • Related organizations: 84 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • High — Accountability: Independent voting board scored 0/100.
  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Accountability: Governance controls: 3 of 9 not reported.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 2/100.
  • Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.
  • High — Sustainability: Officer compensation ratio scored 0/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.