LECOM Health
Legal name: Millcreek Community Hospital
Nonprofit profile at a glance
- EIN
- 251002937
- IRS 990 coverage
- 2009–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024, Form 990-T 2024
- Location
- Erie, PA, United States
- Phone
- (814) 866-4400
- Rating
- 71
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Hospital, General
Reported finances
- Revenue
- $91,849,988
- Expenses
- $97,555,111
- Assets
- $145,884,992
- Liabilities
- $17,098,720
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
17 people listed
Executive titles in this filing
- JOHN M FERRETTI DO (CHAIRMAN/PRESIDENT & CEO)
- MARY L ECKERT (PRESIDENT/CEO)
- DANIELLE HANSEN DO (TRUSTEE/REGIONAL PRESIDENT)
Highest reported compensation
- SILVIA M FERRETTI DO (TRUSTEE/PROVOST & VP OF ACADEMICS): $1,766,916 total reported compensation
- JOHN M FERRETTI DO (CHAIRMAN/PRESIDENT & CEO): $1,609,483 total reported compensation
- MARY L ECKERT (PRESIDENT/CEO): $723,538 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Welcome to a Health System Focused On You. LECOM Health is an integrated, comprehensive academic health system that is dedicated to healthcare education, whole person lifelong patient care, and has a deep commitment to enhance the health of its community through service, promotion of clinical innovation, and research. Vision LECOM Health will be recognized as the premier providers of whole person health care (mind, body, spirit) that fulfills the lifelong needs of its patients. We will achieve this through skilled providers delivering outstanding healthcare cost effectively and who are clinical innovators, dedicated to training the next generation of healthcare providers.
What it reported doing in 2024
Millcreek community hospital (the hospital) is a community based hospital providing quality health care for patients with illnesses, promoting healing, and improving the quality of life at affordable cost. Millcreek community hospital is an osteopathic acute care hospital offering comprehensive inpatient and outpatient services and 24-hour emergency care in erie, Pennsylvania.it is also recognized as the regional leader in: behavioral health care, with 85 inpatient beds spread across three specialized units for children, adults, and older adults and an adult partial hospitalization program.medical education, with more physician residency programs than any hospital in the tri-state region. As a teaching hospital, it is affiliated with lake erie college of osteopathic medicine (lecom) which is the nation's largest medical school in terms of enrolled students at its erie, Pennsylvania headquarters, as well as its bradenton, Florida, and seton hill, Pennsylvania facilities.the hospital demonstrates fiscal responsibility by pursuing cost reimbursement for those patients who have the means and ability to pay while providing care for those who lack the financial resources to pay for some or all of the cost. The hospital actively commits to its uninsured/underinsured and charity discount policies, and it does not discriminate against those individuals who are in need of financial assistance from the facility or those in need of government assistance.the hospital's community activities included several blood pressure screening events held at senior day, the annual consumer fair, and national senior health & fitness day. A blood drive is conducted twice a year to assist in the community need for blood. The hospital participates in preventive health education classes and provides literature for healthy living. In addition, the hospital plays a proactive role in the disaster/bioterrorism preparedness program.for individuals needing financial assistance, transportation is provided to the hospital's facilities for physician visits either by the hospital van, bus tokens, or a cab. Prescriptions and clothing are also provided to those in need.
Operating model
- Revenue model
- Earned-program. 88% 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. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and a relatively small share of voting board members are independent.
Rating breakdown
- Financial Efficiency: 85
- Transparency & Controls: 65
- Accountability: 54
- Sustainability: 35
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 98.7%; rating input score 99
- Program expense ratio: 90.4%; rating input score 90
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 68th 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: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 36.4%; rating input score 36; 11th percentile among comparable filings
- Governance controls: 7 of 9 controls in place; rating input score 78
- 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: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -6.2%; rating input score 11; 11th percentile among comparable filings
- Total-asset coverage ratio: 1.5; rating input score 53; 53rd percentile among comparable filings
- Liabilities to assets ratio: 0.12; rating input score 80; 80th percentile among comparable filings
- Officer compensation ratio: 2.9%; rating input score 40; 40th percentile among comparable filings
Growth
- Program expense growth: 6.2% per year; rating input score 100; 51st percentile among comparable filings
- Revenue growth: 4.4% per year; rating input score 100; 36th percentile among comparable filings
- Asset growth: 3.3% per year; rating input score 100; 23rd percentile among comparable filings
Details
- What they do: 1 programs and campaigns described on the official site
- Where the money goes: 98.7% of revenue deployed · 90.4% of spending went to programs
- Governance: 4 of 11 board members independent · 7 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $88.2M in reported program spending
- Leadership: top reported pay $1.8M · 17 people listed · 0 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $31.5M reported
- Consistency: 30 of 30 current checks pass
- Schedules: 7 filed schedules · includes major donors and 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: 15 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 — Transparency & Controls: Pay-setting controls scored 0/100.
- Moderate — Accountability: Independent voting board scored 36/100.
- High — Sustainability: Operating margin scored 11/100.
- Review — Accountability: Governance controls: 2 of 9 not reported.
- Review — Sustainability: Total-asset coverage ratio scored 53/100.
- Moderate — Sustainability: Officer compensation ratio scored 40/100.
- High — Grant Readiness: Federal audit findings: this organization reported findings in its latest federal Single Audit.