Mount Carmel New Albany Surgical Hospital

Nonprofit profile at a glance

EIN
870790288
IRS 990 coverage
2009–2011
Forms available
Form 990 2011
Location
New Albany, OH, USA
Phone
6145464000
Rating confidence
Limited
Sector
Hospital, Specialty

Official website

Reported finances

Revenue
$120,938,033
Expenses
$88,436,468
Assets
$0
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2011. Amounts in USD.

Leadership & pay

21 people listed

Source: IRS Form 990. Selected filing: tax year 2011. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Specialty hospital providing inpatient and outpatient orthopedic, neurologic and musculoskeletal care - see schedule h for more information.

What it reported doing in 2011

Mount carmel new albany surgical hospital is the newest addition to the mount carmel health system since its purchase on january 1, 2007. Mount carmel new albany surgical hospital is a place where years of physician experience meet personal attention - where world-class care meets world-class caring. As a specialty hospital focused solely on inpatient and outpatient orthopedic, neurologic and musculoskeletal care, it is a facility built differently from the ground up; a place where technology and touch play an equal role in the healing process. Mount carmel new albany surgical hospital features technologically advanced treatments combined with a purposeful caring philosophy for each patient.the two-story facility includes 96,000 square feet, forty-two patient rooms and eight operating rooms. Approximately eighty percent of the procedures performed at mount carmel new albany surgical hospital are done on an outpatient basis. The remaining twenty percent are inpatient and are primarily total joint replacement and spine procedures.

Operating model

Revenue model
Earned-program. 99% of the money available for current operations came from fees and other program revenue.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

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: NotEnoughData
  • Transparency & Controls: 60
  • Accountability: 65
  • Sustainability: 50
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th 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: Scored; rating input score 0

Accountability

  • Independent voting board: 40%; rating input score 40; 10th 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: 26.9%; rating input score 96; 96th percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 0; 0th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 2.2%; rating input score 45; 45th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 10.8% per year; rating input score 100; 81st percentile among comparable filings
  • Asset growth: -70% per year; rating input score 0; 1st percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 2 of 5 board members independent · 9 of 9 filing controls reported
  • Programs: 2 filed program accomplishments · $82.7M in reported program spending
  • Leadership: top reported pay $5.8M · 21 people listed · 0 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed
  • Consistency: 24 of 24 current checks pass
  • Schedules: 8 filed schedules · includes executive pay and related organizations
  • Filing history: 3 filing years from 2009 to 2011
  • Related organizations: 156 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 — Transparency & Controls: Pay-setting controls scored 0/100.
  • Moderate — Accountability: Independent voting board scored 40/100.
  • High — Transparency & Controls: Related-party transparency scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 0/100.
  • Moderate — Sustainability: Officer compensation ratio scored 45/100.