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Nonprofiteer
← NORTON - KINGS DAUGHTERS HEALTH INC

Form 990 for tax year 2022

Filed by NORTON - KINGS DAUGHTERS HEALTH INC.

Totals

Total revenue
$146,360,432
Total expenses
$141,096,951
Contributions and grants received
$2,028,192
Grants paid
$28,462
Program service revenue
$123,299,593
Investment income
$20,415,919
Other revenue
$616,728
Total assets, end of year
$337,254,827
Total liabilities, end of year
$379,963,394
Net assets or fund balances, end of year
-$42,708,567
Program services expenses (Part IX)
$109,789,578
Management and general expenses
$31,185,727
Fundraising expenses
$121,646
Program service expenses (Part III)
$109,789,578

Program services were 77.8% 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.

  • 1c · Fundraising events

    $12,713

  • 1e · Government grants (contributions)

    $1,058,554

  • 1f · All other contributions, gifts and grants

    $956,925

  • 2a · Program service revenue: NET PATIENT SERVICE REVENUE

    total $123,299,593 · related or exempt $123,260,492 · unrelated business $39,101

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $4,610,563 · excluded $4,610,563

  • 6a · Gross rents

    real property $99,951

  • 6b · Less rental expenses

    real property $8,377

  • 6c · Rental income or loss

    real property $91,574 · personal property $0

  • 6d · Net rental income or loss

    total $91,574 · related or exempt $84,951 · excluded $6,623

  • 7a · Gross sales of assets other than inventory

    securities $326,475,868 · other assets $106,400

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

    securities $309,936,359 · other assets $840,553

  • 7c · Gain or loss

    securities $16,539,509 · other assets -$734,153

  • 7d · Net gain or loss

    total $15,805,356 · excluded $15,805,356

  • 8a · Fundraising events: gross income

    $94,194

  • 8a · Fundraising events: contributions included on line 1c

    $12,713

  • 8b · Fundraising events: direct expenses

    $58,848

  • 8c · Net income from fundraising events

    total $35,346 · excluded $35,346

  • 11a · Other revenue: CAFETERIA REVENUE

    total $267,157 · excluded $267,157

  • 11d · All other revenue

    total $222,651 · related or exempt $217,362 · unrelated business $4,910 · excluded $379

  • 11e · Other revenue, total

    $489,808

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $28,462 · program services $28,462

  • 5 · Compensation of officers, directors and key employees

    total $1,740,302 · program services $1,185,917 · management and general $542,573 · fundraising $11,812

  • 6 · Compensation of disqualified persons

    total $32,742 · program services $32,742

  • 7 · Other salaries and wages

    total $51,679,122 · program services $43,102,008 · management and general $8,495,283 · fundraising $81,831

  • 8 · Pension plan contributions

    total $2,007,999 · program services $1,655,914 · management and general $349,063 · fundraising $3,022

  • 9 · Other employee benefits

    total $8,708,243 · program services $7,140,722 · management and general $1,554,437 · fundraising $13,084

  • 10 · Payroll taxes

    total $3,519,735 · program services $2,893,634 · management and general $620,401 · fundraising $5,700

  • 11b · Fees: legal

    total $165,970 · management and general $165,970

  • 11c · Fees: accounting

    total $367,011 · management and general $367,011

  • 11f · Fees: investment management

    total $623,853 · management and general $623,853

  • 11g · Fees: other

    total $21,218,824 · program services $14,294,678 · management and general $6,917,949 · fundraising $6,197

  • 12 · Advertising and promotion

    total $133,069 · program services $133,069

  • 13 · Office expenses

    total $834,013 · program services $489,661 · management and general $344,352

  • 14 · Information technology

    total $625,169 · management and general $625,169

  • 16 · Occupancy

    total $2,199,550 · program services $1,518,044 · management and general $681,506

  • 17 · Travel

    total $95,669 · program services $91,901 · management and general $3,768

  • 20 · Interest

    total $2,228,532 · program services $1,491,255 · management and general $737,277

  • 22 · Depreciation, depletion and amortization

    total $9,017,413 · program services $4,455,326 · management and general $4,562,087

  • 23 · Insurance

    total $1,360,507 · program services $793,226 · management and general $567,281

  • 24a · Other expenses: MEDICAL SUPPLIES & DRUGS

    total $23,785,305 · program services $22,975,463 · management and general $809,842

  • 24b · Other expenses: INDIANA MEDICAID ASSESSMENT FEE

    total $4,778,855 · program services $4,778,855

  • 24c · Other expenses: REPAIRS & MAINTENANCE

    total $4,827,509 · program services $2,311,878 · management and general $2,515,631

  • 24d · Other expenses: Physician Recruiting

    total $551,882 · management and general $551,882

  • 24e · All other expenses

    total $567,215 · program services $416,823 · management and general $150,392 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $9,230 · end of year $9,950

  • 2 · Savings and temporary cash investments

    beginning of year $25,181,101 · end of year $23,867,845

  • 3 · Pledges and grants receivable

    beginning of year $0 · end of year $0

  • 4 · Accounts receivable

    beginning of year $15,510,341 · end of year $21,311,887

  • 5 · Loans and receivables from officers and key people

    beginning of year $57,908 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 7 · Other notes and loans receivable

    beginning of year $887,443 · end of year $457,591

  • 8 · Inventories for sale or use

    beginning of year $3,253,610 · end of year $3,541,029

  • 9 · Prepaid expenses and deferred charges

    beginning of year $1,708,255 · end of year $738,178

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

    $100,351,206

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

    $8,269,137

  • 10c · Land, buildings and equipment, net

    beginning of year $86,632,490 · end of year $92,082,069

  • 11 · Investments: publicly traded securities

    beginning of year $219,392,303 · end of year $187,620,247

  • 12 · Investments: other securities

    beginning of year $0

  • 13 · Investments: program-related

    beginning of year $0

  • 15 · Other assets

    beginning of year $8,169,543 · end of year $7,626,031

  • 17 · Accounts payable and accrued expenses

    beginning of year $10,449,107 · end of year $8,192,386

  • 18 · Grants payable

    beginning of year $0 · end of year $0

  • 19 · Deferred revenue

    beginning of year $8,421 · end of year $0

  • 20 · Tax-exempt bond liabilities

    beginning of year $86,193,262 · end of year $0

  • 21 · Escrow or custodial account liability

    beginning of year $0 · end of year $0

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $806,393 · end of year $460,556

  • 24 · Unsecured notes and loans payable

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $2,459,896 · end of year $371,310,452

  • 27 · Net assets without donor restrictions

    beginning of year $260,864,458 · end of year -$43,451,453

  • 28 · Net assets with donor restrictions

    beginning of year $20,687 · end of year $742,886

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $0 · end of year $0

Mission and programs · 2022

Mission

NORTON-KING'S DAUGHTERS' HEALTH'S PURPOSE IS TO PROVIDE QUALITY HEALTH CARE TO ALL THOSE WE SERVE, IN A MANNER THAT RESPONDS TO THE NEEDS OF OUR COMMUNITIES AND HONORS OUR FAITH HERTIAGE.

Activities or mission (Part I)

NORTON - KING'S DAUGHTERS' HEALTH, INC.'S PURPOSE IS TO PROVIDE QUALITY HEALTH CARE TO ALL THOSE WE SERVE, IN A MANNER THAT RESPONDS TO THE NEEDS OF OUR COMMUNITIES AND HONORS OUR FAITH HERITAGE.

  • NORTON-KING'S DAUGHTERS' HEALTH, INC. (NKDH) IS A NOT-FOR-PROFIT, ACUTE CARE HOSPITAL LOCATED IN MADISON, INDIANA. NKDH IS ORGANIZED FOR THE PURPOSE OF PROVIDING HEALTH CARE SERVICES TO THE RESIDENTS OF JEFFERSON COUNTY AND THE SURROUNDING AREA. NKDH INCLUDES AN 86-LICENSED BED ACUTE CARE HOSPITAL, PHYSICIAN PRACTICE GROUPS, AND HOME HEALTH/HOSPICE SERVICES. DURING 2022, NKDH SERVED 2,042 INPATIENTS, 68,718 OUTPATIENTS, AND SAW 18,541 EMERGENCY DEPARTMENT ROOM VISITS AND 1,936 OBSERVATION CASES. IN ADDITION, NKDH'S OPERATING ROOMS CARED FOR 579 INPATIENT SURGICAL PATIENTS AND 2,089 SURGICAL OUTPATIENTS. ADDITIONALLY, 380 DELIVERIES WERE PERFORMED AT NKDH. NKDH'S PHYSICIAN PRACTICE GROUPS SAW 121,689 VISITS. NKDH'S HOME CARE SERVICES SAW 7,319 VISITS. UNDER ITS CHARITY PROGRAM, NKDH PROVIDED FREE CARE TO 295 PATIENTS TOTALING $816,223 IN GROSS CHARGES. ALSO, NKDH GRANTS A DISCOUNT FROM BILLED CHARGES TO ANY PATIENTS THAT HAVE NO ACCESS TO PRIVATE HEALTH INSURANCE OR DO NOT QUALIFY FOR GOVERNMENT ASSISTANCE OR CHARITY CARE. UNDER THIS PROGRAM, 3,103 PATIENTS WERE PROVIDED CARE AT DISCOUNTED RATES TOTALING $1,467,455 IN DISCOUNTS.

    Expenses $109,789,578 · Grants $28,462 · Revenue $123,562,805

As filed on the 2022 return.

Listed in Part VII

  • Adam Kempf

    Board Treasurer

    Total calculated
    $1,218,022
    From this org
    $0
    From related orgs
    $1,039,507
    Other
    $178,515
    Hours/week
    1 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $617,611 related
    Bonus
    $0 + $278,616 related
    Other
    $0 + $143,280 related
    Deferred
    $0 + $144,879 related
    Nontaxable benefits
    $0 + $33,636 related
    Filer's total
    $0 + $1,218,022 related

  • Robert B Azar

    Board Secretary

    Total calculated
    $1,206,275
    From this org
    $0
    From related orgs
    $1,116,031
    Other
    $90,244
    Hours/week
    1 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $577,778 related
    Bonus
    $0 + $257,754 related
    Other
    $0 + $280,499 related
    Deferred
    $0 + $74,695 related
    Nontaxable benefits
    $0 + $15,549 related
    Filer's total
    $0 + $1,206,275 related

  • Annie Schroeder

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Bonnie Colen

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Darleen Connolly

    Board Chairperson

    Total calculated
    $0
    Hours/week
    1

  • David Craig

    Board Vice Chairperson

    Total calculated
    $2,000
    From this org
    $0
    From related orgs
    $2,000
    Other
    $0
    Hours/week
    1 + 3.5 related

  • Jonathan Hanson MD

    Physician/Board Member

    Total calculated
    $485,281
    From this org
    $426,774
    From related orgs
    $0
    Other
    $58,507
    Hours/week
    1

    Schedule J breakdown matched by us

    Base
    $221,705
    Bonus
    $185,957
    Other
    $19,112
    Deferred
    $14,650
    Nontaxable benefits
    $43,857
    Filer's total
    $485,281

  • Kevin Turner

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Mary Bette Voyles

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Mary Kay McCubbin

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Michael Israel MD

    Physician/Board Member

    Total calculated
    $419,322
    From this org
    $362,057
    From related orgs
    $0
    Other
    $57,265
    Hours/week
    1

    Schedule J breakdown matched by us

    Base
    $268,809
    Bonus
    $92,681
    Other
    $567
    Deferred
    $14,650
    Nontaxable benefits
    $42,615
    Filer's total
    $419,322

  • Scott Watkins

    Board Member

    Total calculated
    $927,166
    From this org
    $0
    From related orgs
    $771,364
    Other
    $155,802
    Hours/week
    1 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $420,274 related
    Bonus
    $0 + $218,722 related
    Other
    $0 + $132,368 related
    Deferred
    $0 + $121,362 related
    Nontaxable benefits
    $0 + $34,440 related
    Filer's total
    $0 + $927,166 related

  • Sharyn Whitman

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Susan Ohlendorf

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Tina Hendrick MD

    Physician/Board Member (partial year)

    Total calculated
    $197,713
    From this org
    $187,337
    From related orgs
    $0
    Other
    $10,376
    Hours/week
    1

    Schedule J breakdown matched by us

    Base
    $147,858
    Bonus
    $39,479
    Other
    $0
    Deferred
    $9,378
    Nontaxable benefits
    $998
    Filer's total
    $197,713

  • Carol Dozier

    President/CEO

    Total calculated
    $565,889
    From this org
    $113,922
    From related orgs
    $425,961
    Other
    $26,006
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $8,207 + $392,119 related
    Bonus
    $0
    Other
    $105,715 + $33,842 related
    Deferred
    $0 + $20,673 related
    Nontaxable benefits
    $0 + $5,333 related
    Filer's total
    $113,922 + $451,967 related

  • Denine Fallis-Hallgarth

    VP Physician Services

    Total calculated
    $208,680
    From this org
    $182,999
    From related orgs
    $0
    Other
    $25,681
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $161,427
    Bonus
    $0
    Other
    $21,572
    Deferred
    $8,351
    Nontaxable benefits
    $17,330
    Filer's total
    $208,680

  • Jennifer Liter

    VP Inpatient Services

    Total calculated
    $245,826
    From this org
    $192,267
    From related orgs
    $0
    Other
    $53,559
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $171,367
    Bonus
    $0
    Other
    $20,900
    Deferred
    $8,933
    Nontaxable benefits
    $44,626
    Filer's total
    $245,826

  • John Price

    Vice-President Finance

    Total calculated
    $354,667
    From this org
    $68,459
    From related orgs
    $259,576
    Other
    $26,632
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $4,637 + $254,687 related
    Bonus
    $0
    Other
    $63,822 + $4,889 related
    Deferred
    $0 + $13,023 related
    Nontaxable benefits
    $1,099 + $12,509 related
    Filer's total
    $69,558 + $285,108 related

  • George Alcorn MD

    Physician

    Total calculated
    $543,106
    From this org
    $482,658
    From related orgs
    $0
    Other
    $60,448
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $283,399
    Bonus
    $197,390
    Other
    $1,869
    Deferred
    $14,650
    Nontaxable benefits
    $45,798
    Filer's total
    $543,106

  • Kenneth Mackinlay MD

    Physician

    Total calculated
    $735,333
    From this org
    $677,706
    From related orgs
    $0
    Other
    $57,627
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $638,058
    Bonus
    $5,000
    Other
    $34,648
    Deferred
    $14,650
    Nontaxable benefits
    $42,977
    Filer's total
    $735,333

  • Nathan Polley MD

    Physician

    Total calculated
    $1,215,951
    From this org
    $1,158,220
    From related orgs
    $0
    Other
    $57,731
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $612,955
    Bonus
    $542,867
    Other
    $2,398
    Deferred
    $14,650
    Nontaxable benefits
    $43,081
    Filer's total
    $1,215,951

  • Raymonda Stevens MD

    Physician

    Total calculated
    $819,142
    From this org
    $804,492
    From related orgs
    $0
    Other
    $14,650
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $429,500
    Bonus
    $353,925
    Other
    $21,067
    Deferred
    $14,650
    Nontaxable benefits
    $0
    Filer's total
    $819,142

  • Thomas Eckert MD

    Physician

    Total calculated
    $606,212
    From this org
    $575,965
    From related orgs
    $0
    Other
    $30,247
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $409,953
    Bonus
    $146,283
    Other
    $19,729
    Deferred
    $14,650
    Nontaxable benefits
    $15,597
    Filer's total
    $606,212

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

  • 4b · Supplemental nonqualified retirement plan
  • 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
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation
The President/CEO and Vice -President of Finance/CFO are paid by a related organization, Norton Healthcare Inc. Norton Healthcare, Inc. (NHC) engages an outside independent compensation consultant, Gallagher, to provide comparability data on total compensation for similar positions at health systems and hospital organizations similar in size, scope of services, and circumstances, including review of other health systems and hospital organizations that have filed Form 990s. In addition, Norton Healthcare, Inc. participates in third party surveys which provide aggregate, comparative compensation data for officers and key employees in similar positions at similar organizations. Compensation for the Vice-President of Inpatient Services and Vice-President on Physician Services is determined by Norton-King's Daughters' Health, Inc. and is established by the use of compensation survey data.
Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan
THE FOLLOWING INTERESTED PERSONS PARTICIPATED IN OR RECEIVED PAYMENT FROM SUPPLEMENTAL NONQUALIFIED RETIREMENT PLANS AS DESCRIBED IN IRC SECTION 457(F). THE INTERESTED PERSONS BELOW MAY HAVE PARTICIPATED IN ONE OR MORE OF THE FOLLOWING PLANS: THE EXECU-PLUS BENEFIT PLAN, DEFINED BENEFIT AND DEFINED CONTRIBUTION RESTORATION PLANS. THE "PAY CREDIT" OUTLINED BELOW REPRESENTS A REASONABLE ESTIMATE OF THE ANNUAL INCREASE IN ACTUARIAL VALUE OF THE PLANS; AND THEREFORE, REPRESENTS THE ORGANIZATION'S CONTRIBUTION TO THE VALUE OF THE BENEFITS. NAME - PAY CREDIT Carol Dozier - $5,423 Robert Azar - $54,258 Adam Kempf - $125,316 Scott Watkins - $92,369 THE "PAYMENT RECEIVED" OUTLINED BELOW REPRESENTS CASH PAYMENTS THAT THE EMPLOYEE RECEIVED DURING 2022 AND CAN BE COMPRISED OF Current and or PRIOR YEARS EMPLOYEE AND EMPLOYER CONTRIBUTIONS. NAME - PAYMENT RECEIVED Robert Azar - $228,6116 Adam Kempf - $115,476 Scott Watkins - $91,374
Schedule J, Part I, Line 7 Non-fixed payments
PHYSICIANS ARE ELIGIBLE FOR INCENTIVE COMPENSATION. THE PHYSICIAN IS COMPENSATED FOR EACH WORK RVU PERFORMED DURING THE CALENDAR YEAR IN EXCESS OF THE PHYSICIAN'S WORK RVU INCENTIVE THRESHOLD FOR THE CALENDAR YEAR MULTIPLIED BY THE INCENTIVE RVU PAYMENT. NON-PHYSICIAN BONUS COMPENSATION IS DISCRETIONARY, SOLEY UP TO THE BOARD OF MANAGERS, AND THE CALCULATION FOR SAID BONUS COMPENSATION VARIES FROM YEAR TO YEAR.

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

  • IHA HOSPITAL ASSISTANCE FOUNDATION

    $8,520

    GENERAL DONATION TO SUPPORT THE FOUNDATION - TO AID INDIANA HOSPITALS IN IMPROVING ACCESS TO QUALITY HEALTH CARE FOR INDIVIDUALS WHO ARE POOR, UNINSURED OR ENROLLED IN THE MEDICAID OR MEDICARE PROGRAMS

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 corporations and trusts

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

Provenance

Return type
form_990
Tax year
2022
Filed
13 November 2023
IRS schema version
2022v5.0
Source object
202343179349300149

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