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Nonprofiteer
← METHODIST HEALTH INC

Form 990 for tax year 2024

Filed by METHODIST HEALTH INC.

Totals

Total revenue
$182,153,914
Total expenses
$164,882,037
Contributions and grants received
$0
Grants paid
$267,167
Program service revenue
$179,992,227
Investment income
$777,137
Other revenue
$1,384,550
Total assets, end of year
$138,233,837
Total liabilities, end of year
$21,558,428
Net assets or fund balances, end of year
$116,675,409
Program services expenses (Part IX)
$133,159,828
Management and general expenses
$31,722,209
Fundraising expenses
$0
Program service expenses (Part III)
$133,159,828

Program services were 80.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 2a · Program service revenue: NET PATIENT SERVICES

    total $176,299,112 · related or exempt $176,299,112

  • 2b · Program service revenue: FAMILY PHARMACY REVENUE

    total $3,693,115 · related or exempt $3,693,115

  • 3 · Investment income

    total $552,750 · unrelated business $10 · excluded $552,740

  • 6a · Gross rents

    real property $1,408,043

  • 6b · Less rental expenses

    real property $594,324

  • 6c · Rental income or loss

    real property $813,719

  • 6d · Net rental income or loss

    total $813,719 · excluded $813,719

  • 7a · Gross sales of assets other than inventory

    securities $2,546,640

  • 7b · Less cost or other basis and sales expenses

    securities $2,316,869 · other assets $5,384

  • 7c · Gain or loss

    securities $229,771 · other assets -$5,384

  • 7d · Net gain or loss

    total $224,387 · excluded $224,387

  • 11a · Other revenue: CHILD CARE TUITION

    total $385,541 · related or exempt $385,541

  • 11b · Other revenue: PURCHASE DISCOUNTS

    total $56,389 · related or exempt $56,389

  • 11d · All other revenue

    total $128,901 · related or exempt $128,684 · excluded $217

  • 11e · Other revenue, total

    $570,831

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $267,167 · program services $267,167

  • 7 · Other salaries and wages

    total $48,915,530 · program services $43,646,419 · management and general $5,269,111

  • 8 · Pension plan contributions

    total $1,399,345 · program services $1,248,609 · management and general $150,736

  • 9 · Other employee benefits

    total $6,968,735 · program services $6,218,073 · management and general $750,662

  • 10 · Payroll taxes

    total $3,522,540 · program services $3,143,096 · management and general $379,444

  • 11b · Fees: legal

    total $511,207 · management and general $511,207

  • 11g · Fees: other

    total $28,866,374 · program services $25,756,930 · management and general $3,109,444

  • 12 · Advertising and promotion

    total $43,562 · program services $38,870 · management and general $4,692

  • 13 · Office expenses

    total $933,898 · program services $833,300 · management and general $100,598

  • 14 · Information technology

    total $183,916 · program services $164,105 · management and general $19,811

  • 16 · Occupancy

    total $6,697,169 · program services $5,975,759 · management and general $721,410

  • 17 · Travel

    total $37,411 · program services $28,058 · management and general $9,353

  • 19 · Conferences, conventions and meetings

    total $62,832 · program services $47,125 · management and general $15,707

  • 20 · Interest

    total $345,538 · program services $308,317 · management and general $37,221

  • 22 · Depreciation, depletion and amortization

    total $4,088,587 · program services $3,648,170 · management and general $440,417

  • 23 · Insurance

    total $1,221,792 · program services $1,090,182 · management and general $131,610

  • 24a · Other expenses: MEDICAL SUPPLIES

    total $31,764,344 · program services $31,764,344

  • 24b · Other expenses: OVERHEAD ALLOCATION

    total $19,999,469 · management and general $19,999,469

  • 24c · Other expenses: PROVIDER TAX

    total $8,390,554 · program services $8,390,554

  • 24d · Other expenses: DIETARY EXPENSES

    total $407,805 · program services $363,877 · management and general $43,928

  • 24e · All other expenses

    total $254,262 · program services $226,873 · management and general $27,389

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $3,057,194 · end of year $11,836,336

  • 4 · Accounts receivable

    beginning of year $15,386,177 · end of year $17,401,785

  • 8 · Inventories for sale or use

    beginning of year $1,682,866 · end of year $1,979,815

  • 9 · Prepaid expenses and deferred charges

    beginning of year $608,136 · end of year $615,130

  • 10a · Land, buildings and equipment: cost or other basis

    $92,775,112

  • 10b · Land, buildings and equipment: accumulated depreciation

    $32,998,482

  • 10c · Land, buildings and equipment, net

    beginning of year $53,108,361 · end of year $59,776,630

  • 12 · Investments: other securities

    beginning of year $17,546,377 · end of year $19,197,389

  • 15 · Other assets

    beginning of year $29,339,834 · end of year $27,426,752

  • 17 · Accounts payable and accrued expenses

    beginning of year $12,570,560 · end of year $12,179,282

  • 23 · Secured mortgages and notes payable

    beginning of year $6,968,705 · end of year $5,748,657

  • 25 · Other liabilities

    beginning of year $2,683,843 · end of year $3,630,489

  • 27 · Net assets without donor restrictions

    beginning of year $98,505,837 · end of year $116,675,409

Mission and programs · 2024

Mission

METHODIST HEALTH PROVIDES QUALITY HEALTHCARE SERVICES WITH A COMPASSIONATE AND CARING SPIRIT TO PERSONS, FAMILIES AND COMMUNITIES OF THE TRI-STATE. AT METHODIST HEALTH, OUR VALUES ARE BASED ON OUR COMMITMENT TO QUALITY. WE DEFINE QUALITY AS THE CONTINUOUS IMPROVEMENT OF SERVICES TO MEET THE NEEDS AND EXCEED THE EXPECTATIONS OF THE CUSTOMERS WE SERVE. OUR VALUES ARE QUALITY IN EVERYTHING WE DO, RESPECT FOR ALL PEOPLE, EFFICIENCY AND EFFECTIVENESS IN THE USE OF RESOURCES, INNOVATION TOWARD CONTINUOUS SYSTEM IMPROVEMENT, PARTNERSHIP WITH THOSE WE SERVE AND WITH SUPPLIERS, EDUCATION FOR CONTINUOUS GROWTH AND KNOWLEDGE AND PRIDE IN WORKMANSHIP. TO ACCOMPLISH ITS MISSION, METHODIST HEALTH IS COMMITTED TO IMPROVING THE QUALITY OF LIFE FOR THE PEOPLE OF THE TRI-STATE BY DEMONSTRATING EXCELLENCE IN HEALTHCARE SERVICES, PROVIDING ACCESS TO HEALTHCARE, PROVIDING CHARITY CARE TO THOSE IN NEED, PROMOTING HEALTHY LIFESTYLES, OFFERING SPIRITUAL AND PSYCHOLOGICAL SUPPORT, SUPPORTING HEALTH RELATED

  • METHODIST HEALTH, INC. OFFERS A BROAD RANGE OF INPATIENT AND OUTPATIENT MEDICAL SERVICES INCLUDING INTENSIVE CARE, OBSTETRICAL SERVICES, NEONATOLOGY, EMERGENCY CARE, SURGICAL SERVICES, AMBULATORY CARE, RADIOLOGY SERVICES, LABORATORY SERVICES, THERAPY SERVICES, SLEEP DISORDERS, DIALYSIS, ONCOLOGY, CARDIAC AND PULMONARY REHAB, G.I., CARDIOLOGY, NEUROLOGY, AND WOUND CARE SERVICES. THE COMMUNITIES WE PRIMARILY SERVE INCLUDE HENDERSON, UNION, AND WEBSTER COUNTIES. DEACONESS HENDERSON HOSPTITAL IS AN ACUTE CARE HOSPITAL LOCATED IN HENDERSON, KY WITH 192 LICENSED BEDS. DURING THE FISCAL YEAR ENDING SEPTEMBER 30, 2025, DEACONESS HENDERSON HOSPITAL SERVED 5,001 INPATIENTS FOR A TOTAL OF 21,854 INPATIENT DAYS OF SERVICE. THE HOSPITAL ALSO PROVIDED 27,175 EMERGENCY ROOM VISITS.

    Expenses $133,159,828 · Grants $267,167 · Revenue $180,562,841

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Gregory Alan Risch

    VICE CHAIRMAN (END 08/2025)

    Total calculated
    $1,200
    From this org
    $0
    From related orgs
    $1,200
    Other
    $0
    Hours/week
    1

  • Curtis Michael Webb

    CHAIRMAN

    Total calculated
    $289,730
    From this org
    $0
    From related orgs
    $247,289
    Other
    $42,441
    Hours/week
    5 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $200,662 related
    Bonus
    $0 + $45,433 related
    Other
    $0 + $1,194 related
    Deferred
    $0 + $8,933 related
    Nontaxable benefits
    $0 + $33,508 related
    Filer's total
    $0 + $289,730 related

  • Susan E Parsons

    DIRECTOR

    Total calculated
    $1,650
    From this org
    $0
    From related orgs
    $1,650
    Other
    $0
    Hours/week
    1

  • Dennis Beck MD

    ASSOCIATE CMO

    Total calculated
    $1,044,855
    From this org
    $499,080
    From related orgs
    $499,079
    Other
    $46,696
    Hours/week
    25 + 25 related

    Schedule J breakdown matched by us

    Base
    $475,257 + $475,256 related
    Bonus
    $5,863 + $5,863 related
    Other
    $17,960 + $17,960 related
    Deferred
    $6,038 + $6,037 related
    Nontaxable benefits
    $17,311 + $17,310 related
    Filer's total
    $522,429 + $522,426 related

  • Phillip Dane Shields

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • James Frank Vincent Sr

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Lynn Lingafelter

    SECRETARY (END 04/2025)/VP & COO

    Total calculated
    $1,271,339
    From this org
    $0
    From related orgs
    $1,072,960
    Other
    $198,379
    Hours/week
    5 + 61 related

    Schedule J breakdown matched by us

    Base
    $0 + $694,891 related
    Bonus
    $0 + $216,135 related
    Other
    $0 + $161,934 related
    Deferred
    $0 + $162,333 related
    Nontaxable benefits
    $0 + $36,046 related
    Filer's total
    $0 + $1,271,339 related

  • Cheryl Wathen

    VP & CFO

    Total calculated
    $1,183,383
    From this org
    $0
    From related orgs
    $988,864
    Other
    $194,519
    Hours/week
    5 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $660,905 related
    Bonus
    $0 + $178,364 related
    Other
    $0 + $149,595 related
    Deferred
    $0 + $148,420 related
    Nontaxable benefits
    $0 + $46,099 related
    Filer's total
    $0 + $1,183,383 related

  • Linda E White

    CAO

    Total calculated
    $322,892
    From this org
    $148,260
    From related orgs
    $148,260
    Other
    $26,372
    Hours/week
    25 + 25 related

    Schedule J breakdown matched by us

    Base
    $118,112 + $118,112 related
    Bonus
    $28,353 + $28,353 related
    Other
    $1,795 + $1,795 related
    Deferred
    $7,436 + $7,436 related
    Nontaxable benefits
    $5,750 + $5,750 related
    Filer's total
    $161,446 + $161,446 related

  • Amber Powell

    COO HENDERSON (BEG 04/25)/CAO UNION CO.

    Total calculated
    $210,958
    From this org
    $0
    From related orgs
    $170,339
    Other
    $40,619
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $0 + $142,931 related
    Bonus
    $0 + $26,143 related
    Other
    $0 + $1,265 related
    Deferred
    $0 + $6,260 related
    Nontaxable benefits
    $0 + $34,359 related
    Filer's total
    $0 + $210,958 related

  • Kintina Chapman

    CNO

    Total calculated
    $184,124
    From this org
    $91,156
    From related orgs
    $91,156
    Other
    $1,812
    Hours/week
    25 + 25 related

    Schedule J breakdown matched by us

    Base
    $78,927 + $78,926 related
    Bonus
    $12,114 + $12,115 related
    Other
    $115 + $115 related
    Deferred
    $0
    Nontaxable benefits
    $906 + $906 related
    Filer's total
    $92,062 + $92,062 related

  • Kristopher J Beickman MD

    PHYSICIAN

    Total calculated
    $858,632
    From this org
    $809,280
    From related orgs
    $0
    Other
    $49,352
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $751,287
    Bonus
    $28,953
    Other
    $29,040
    Deferred
    $16,075
    Nontaxable benefits
    $33,277
    Filer's total
    $858,632

  • Sarah E O'Nan MD

    PHYSICIAN

    Total calculated
    $726,519
    From this org
    $691,813
    From related orgs
    $0
    Other
    $34,706
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $648,152
    Bonus
    $29,187
    Other
    $14,474
    Deferred
    $16,075
    Nontaxable benefits
    $18,631
    Filer's total
    $726,519

  • Pushkaraj N Jadhav MD

    PHYSICIAN

    Total calculated
    $651,797
    From this org
    $621,299
    From related orgs
    $0
    Other
    $30,498
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $612,451
    Bonus
    $0
    Other
    $8,848
    Deferred
    $0
    Nontaxable benefits
    $30,498
    Filer's total
    $651,797

  • Lasha-Giorgi Esebua MD

    PHYSICIAN

    Total calculated
    $597,442
    From this org
    $555,621
    From related orgs
    $0
    Other
    $41,821
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $541,443
    Bonus
    $0
    Other
    $14,178
    Deferred
    $7,814
    Nontaxable benefits
    $34,007
    Filer's total
    $597,442

  • Rami H Diab MD

    PHYSICIAN

    Total calculated
    $567,640
    From this org
    $545,153
    From related orgs
    $0
    Other
    $22,487
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $530,828
    Bonus
    $0
    Other
    $14,325
    Deferred
    $10,691
    Nontaxable benefits
    $11,796
    Filer's total
    $567,640

  • Kelli Matthew MD

    FORMER DIRECTOR & CMO

    Total calculated
    $418,477
    From this org
    $418,477
    From related orgs
    $0
    Other
    $0
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $418,477
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $418,477

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 1a · Health or social club dues or initiation fees
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 4b · Supplemental nonqualified retirement plan
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments

Answered no

  • 4a · Severance or change-of-control payment
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 1A
SOCIAL CLUB DUES ARE PAID FOR LINDA WHITE FOR ORGANIZATION BUSINESS ONLY. ANY PERSONAL USE OF THE CLUB MUST BE PAID BY THE EMPLOYEES.
PART I, LINE 3
THE FOLLOWING METHODS WERE USED BY DEACONESS HEALTH SYSTEM, A RELATED NON-PROFIT ORGANIZATION, TO DETERMINE THE COMPENSATION FOR THE CEO: -COMPENSATION COMMITTEE -INDEPENDENT COMPENSATION CONSULTANT -COMPENSATION STUDY OR SURVEY -APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE
PART I, LINE 4B
SEVERANCE, NONQUALIFIED, AND EQUITY-BASED PAYMENTS: NONQUALIFIED: DENNIS BECK $23,000 LYNN LINGAFELTER $23,000 LINDA WHITE $23,000 CHERYL WATHEN $23,000 KRISTOPHER BEICKMAN $23,000 SARAH O'NAN $23,000 PUSHKARAJ JADHAV $23,000 PART 1, 4B: LYNN LINGAFELTER: SUPPLEMENTAL ACCUMULATION ACCOUNT CONTRIBUTIONS OF $150,258. SUPPLEMENTAL ACCUMULATION ACCOUNT PAYOUT OF $158,553. CHERYL WATHEN: SUPPLEMENTAL ACCUMULATION ACCOUNT CONTRIBUTIONS OF $136,345. SUPPLEMENTAL ACCUMULATION ACCOUNT PAYOUT OF $143,448.
PART I, LINE 6
COMPENSATION CONTINGENT UPON NET EARNINGS: INCENTIVE COMPENSATION PAYMENTS MADE BY THE ORGANIZATION ARE BASED UPON SUCCESSFUL ACHIEVEMENT OF ESTABLISHED INPATIENT SATISFACTION MEASURES, OUTPATIENT SATISFACTION MEASURES, COMPLIANCE WITH PUBLICLY REPORTED QUALITY INDICATORS, OPERATING MARGIN AS WELL AS OTHER TECHNICAL AND PERSONAL FUNCTIONAL GOALS OF BOTH THE ORGANIZATION AND RELATED ORGANIZATIONS. METHODIST HEALTH'S INCENTIVE COMPENSATION PROGRAMS ARE FORMULATED TO REWARD BEHAVIOR THAT BALANCES PATIENT NEEDS AND EFFICIENT DELIVERY OF PATIENT CARE TO ENSURE THE BEST OUTCOMES ARE ACHIEVED.
PART I, LINE 7
PHYSICIANS ARE ELIGIBLE FOR INCENTIVE COMPENSATION. THE PHYSICIAN IS COMPENSATED FOR EACH WORK RVU PERFORMED BY A PHYSICIAN IN A CALENDAR YEAR IN EXCESS OF THE PHYSICIAN'S WORK RVU INCENTIVE THRESHOLD FOR THE CALENDAR YEAR MULTIPLIED BY THE INCENTIVE RVU PAYMENT.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

  • BOSTON IVF FERTILITY SERVICES AT THE WOMEN'S HOSPITAL

    HEALTHCARE · IN

  • BAPTIST HEALTH DEACONESS LLC

    HEALTHCARE · KY

  • BURKHARDT CANCER CENTER LLC

    HEALTHCARE · IN

  • DEACONESS HEALTH PLANS LLC

    PREFERRED PROVIDER NETWORK · IN

  • DEACONESS HOME HEALTH LLC

    HEALTHCARE · OH

  • DUBOIS PSYCH PROPERTIES LLC

    MENTAL HEALTH SERVICES · IN

  • ENCOMPASS HEALTH DEACONESS REHABILIATION

    OUTPATIENT · AL

  • EVANSVILLE SURGERY SERVICES LLC

    HEALTHCARE · IN

  • INNOVATIVE HEALTHCARE COLLABORATIVE OF INDIANA LLC

    HEALTHCARE · IN

  • LOFIELD DIALYSIS LLC

    HEALTHCARE · WA

  • MAINSPRING MANAGERS LLC

    NEUROLOGY SERVICES · IN

  • MEMORIAL HOSPITAL OUTPATIENT SURGERY CENTER

    OUTPATIENT · IN

  • ORTHOALIGN LLC

    HEALTHCARE · IN

  • ORTHOPRIME LLC

    HEALTHCARE · IN

  • PROGRESSIVE HEALTH OF INDIANA LLC

    OUTPATIENT · IN

  • TRI-STATE HEALTHCARE CONSULTANTS LLC

    HEALTHCARE · IN

  • TRI-STATE RADIATION ONCOLOGY CENTERS LLC

    OUTPATIENT · DE

  • VASCMED LLC

    VASCULAR SERVICES · IN

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • CROSSROADS HEALTH SERVICES RECIPROCAL

    C · INDUSTRIAL INSURANCE RECIPROCAL REINSURANCE · VT

Provenance

Return type
form_990
Tax year
2024
Filed
17 August 2026
IRS schema version
2024v5.5
Source object
202642309349302309

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