St. Elizabeth Physicians

Legal name: Summit Medical Group Inc

Nonprofit profile at a glance

EIN
611300608
IRS 990 coverage
2010–2024
Official website data refreshed
Sep 2026
Forms available
Form 990 2024
Location
Erlanger, KY, US
Phone
(800) 737-7900
Rating
73
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Hospitals and Related Primary Medical Care Facilities

Official website

Reported finances

Revenue
$548,332,119
Expenses
$547,093,808
Assets
$234,616,272
Liabilities
$213,440,999

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

Leadership & pay

29 people listed

Executive titles in this filing

  • Heidi Murley MD (PRESIDENT/CEO)
  • Garren Colvin (SEH PRESIDENT/CEO)

Highest reported compensation

  • Garren Colvin (SEH PRESIDENT/CEO): $1,709,972 total reported compensation
  • Neal Moser MD (PHYSICIAN): $1,616,703 total reported compensation
  • William Willmott MD (PHYSICIAN): $1,560,936 total reported compensation

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

Overview

Mission

As a Catholic healthcare ministry, we provide comprehensive and compassionate care that improves the health of the people we serve.

What it reported doing in 2024

Summit medical group, inc. Dba st. Elizabeth physicians ("sep") is a multi-specialty physician organization dedicated to physician directed delivery of quality medical care in the northern Kentucky, southwestern Ohio, and southeastern Indiana areas. St. Elizabeth physicians and associates are patient advocates who work in partnership with st. Elizabeth medical center, inc. Dba st. Elizabeth healthcare ("seh") and the community to provide comprehensive and compassionate care that improves the health of the people we serve through cost effective medical care. St. Elizabeth physicians is dedicated to serving northern Kentucky, southwestern Ohio, and southeastern Indiana with 245 full-time equivalent primary care physicians, 190 full-time equivalent specialty physicians, and 261 advanced practice providers specializing in cardiology, endocrinology, family medicine, gastroenterology, general surgery, gynecology, internal medicine, pediatrics, pulmonology and rheumatology. St. Elizabeth physicians has 164 offices that are strategically located throughout boone, campbell, kenton, grant, owen, pendleton and mason counties in Kentucky and hamilton county in Ohio and dearborn, Ohio, ripley, franklin and switzerland counties in Indiana. St. Elizabeth physicians is a multi-specialty physician group providing professional medical services to the community. Total surgeries s: 740,356 total visits: 2,229,854 total work relative value units: 4,562,971

Operating model

Revenue model
Other-operating. 100% of the money available for current operations came from other operating 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. A relatively small share of voting board members are independent and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 74
  • Transparency & Controls: 96
  • Accountability: 42
  • Sustainability: 25
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 82.9%; rating input score 83
  • Program expense ratio: 83.1%; rating input score 83
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 92.9%; rating input score 93; 17th percentile among comparable filings
  • Pay-setting controls: 6 of 6 controls in place; rating input score 100
    • Compensation committee: Pass
    • Independent consultant: Pass
    • Other Form 990s reviewed: Pass
    • Written employment contract: Pass
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • 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; 4th 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: 0.2%; rating input score 32; 32nd percentile among comparable filings
  • Total-asset coverage ratio: 0.43; rating input score 15; 15th percentile among comparable filings
  • Liabilities to assets ratio: 0.91; rating input score 12; 12th percentile among comparable filings
  • Officer compensation ratio: 3.1%; rating input score 37; 37th percentile among comparable filings

Growth

  • Program expense growth: 8.7% per year; rating input score 100; 68th percentile among comparable filings
  • Revenue growth: 10% per year; rating input score 100; 77th percentile among comparable filings
  • Asset growth: 16.4% per year; rating input score 100; 88th percentile among comparable filings

Details

  • What they do: 9 programs and campaigns described on the official site · 1 operating location identified
  • Where the money goes: 82.9% of revenue deployed · 83.1% of spending went to programs
  • Governance: 0 of 17 board members independent · 9 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $454.5M in reported program spending
  • Leadership: top reported pay $1.7M · 29 people listed · 6 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $4M reported
  • Consistency: 44 of 45 current checks pass · 1 finding to review
  • Schedules: 6 filed schedules · includes executive pay
  • Filing history: 14 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 28 filed money-flow records
  • Related organizations: 5 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 — Accountability: Independent voting board scored 0/100.
  • Moderate — Sustainability: Operating margin scored 32/100.
  • High — Sustainability: Total-asset coverage ratio scored 15/100.
  • High — Sustainability: Liabilities to assets ratio scored 12/100.
  • Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.
  • Moderate — Sustainability: Officer compensation ratio scored 37/100.