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NORTON PROPERTIES INC

EIN 61-1028724 LOUISVILLE, KY

Largest nonprofits in Kentucky

Revenue 2024
$72,680,476
Expenses 2024
$82,278,352

Program services were 98.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
03
NTEE code
E110
Classification
1000
Street
ACCOUNTING 224 E BROADWAY 5TH FLOOR

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Other organizations at this address

8 other organizations in the IRS Business Master File list the same street address. matched by us

We match the street line and ZIP code as the IRS gives them, ignoring case and outer spaces and nothing else, so "AVE" and "AVENUE" count as different streets and this list can miss some. A shared address can mean related organizations or a shared office, but it can also be a registered agent, a mail drop or a service provider holding mail for unrelated clients. It is not, by itself, evidence that two organizations are connected.

Mission and programs · 2024

Mission

Norton Properties, Inc. (Properties) owns properties that are used to support the charitable health care purposes of Norton Healthcare, Inc. (NHC), primarily of Norton Hospitals, Inc. (Hospitals), Community Medical Associates, Inc. and NHC. Properties owns medical office buildings that are leased by physicians on the medical staff of Hospitals. It also leases office space and parking facilities for the convenience of NHC employees, physicians of the medical staff of Hospitals, and guests.

  • Building and Parking Rental - Maintain office and parking facilities near the Norton Healthcare, Inc.; Norton Hospitals, Inc.; and Community Medical Associates, Inc., hospital, diagnostic, and practice locations for use by physicians, patients, patients' families and guests, and hospital employees.

    Expenses $81,151,751 · Revenue $72,622,142

As filed on the 2024 return.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • Russell F Cox

    President & CEO/Trustee

    Total calculated
    $4,115,838
    From this org
    $0
    From related orgs
    $3,633,654
    Other
    $482,184
    Hours/week
    1 + 49 related

    Schedule J breakdown matched by us

    Base
    $0 + $1,857,038 related
    Bonus
    $0 + $953,295 related
    Other
    $0 + $823,321 related
    Deferred
    $0 + $449,244 related
    Nontaxable benefits
    $0 + $32,940 related
    Filer's total
    $0 + $4,115,838 related
  • Barry Pennybaker

    Trustee

    Total calculated
    $2,000
    From this org
    $0
    From related orgs
    $2,000
    Other
    $0
    Hours/week
    0.5 + 4 related
  • Craig D Grant

    Vice Chair

    Total calculated
    $2,000
    From this org
    $0
    From related orgs
    $2,000
    Other
    $0
    Hours/week
    0.5 + 5 related
  • Donald H Robinson

    Trustee

    Total calculated
    $0
    Hours/week
    0.5 + 7 related
  • Edie Nixon

    Chair

    Total calculated
    $2,000
    From this org
    $0
    From related orgs
    $2,000
    Other
    $0
    Hours/week
    0.5 + 16 related
  • G Hunt Rounsavall Sr

    Trustee

    Total calculated
    $2,000
    From this org
    $0
    From related orgs
    $2,000
    Other
    $0
    Hours/week
    0.5 + 7 related
  • Gail Lyttle

    Trustee

    Total calculated
    $2,000
    From this org
    $0
    From related orgs
    $2,000
    Other
    $0
    Hours/week
    0.5 + 4 related
  • Gary L Stewart

    Trustee

    Total calculated
    $2,000
    From this org
    $0
    From related orgs
    $2,000
    Other
    $0
    Hours/week
    0.5 + 7 related
  • Gregory E Mayes

    Trustee

    Total calculated
    $2,000
    From this org
    $0
    From related orgs
    $2,000
    Other
    $0
    Hours/week
    0.5 + 6 related
  • James L Sublett MD

    Trustee (PARTIAL YEAR)

    Total calculated
    $2,000
    From this org
    $0
    From related orgs
    $2,000
    Other
    $0
    Hours/week
    0.5 + 4 related
  • Joe Craig

    Trustee

    Total calculated
    $2,000
    From this org
    $0
    From related orgs
    $2,000
    Other
    $0
    Hours/week
    0.5 + 5 related
  • Judge Denise Clayton

    Trustee

    Total calculated
    $2,000
    From this org
    $0
    From related orgs
    $2,000
    Other
    $0
    Hours/week
    0.5 + 4 related
  • Lee K Garlove

    Trustee

    Total calculated
    $2,000
    From this org
    $0
    From related orgs
    $2,000
    Other
    $0
    Hours/week
    0.5 + 4 related
  • Maria Hampton

    Trustee

    Total calculated
    $2,000
    From this org
    $0
    From related orgs
    $2,000
    Other
    $0
    Hours/week
    0.5 + 4 related
  • Maria L Bouvette

    Trustee

    Total calculated
    $2,000
    From this org
    $0
    From related orgs
    $2,000
    Other
    $0
    Hours/week
    0.5 + 4 related
  • Martha K Heyburn MD

    Trustee

    Total calculated
    $2,000
    From this org
    $0
    From related orgs
    $2,000
    Other
    $0
    Hours/week
    0.5 + 4 related
  • Richard R Ivey

    Trustee

    Total calculated
    $2,000
    From this org
    $0
    From related orgs
    $2,000
    Other
    $0
    Hours/week
    0.5 + 4 related
  • Ronald Lehocky MD

    Trustee

    Total calculated
    $2,000
    From this org
    $0
    From related orgs
    $2,000
    Other
    $0
    Hours/week
    0.5 + 6 related
  • Sue Davis EdD RN

    Trustee

    Total calculated
    $2,000
    From this org
    $0
    From related orgs
    $2,000
    Other
    $0
    Hours/week
    0.5 + 6 related
  • Adam Kempf

    Sr VP & CFAO

    Total calculated
    $1,659,943
    From this org
    $0
    From related orgs
    $1,418,297
    Other
    $241,646
    Hours/week
    1 + 49 related

    Schedule J breakdown matched by us

    Base
    $0 + $925,300 related
    Bonus
    $0 + $363,283 related
    Other
    $0 + $129,714 related
    Deferred
    $0 + $212,195 related
    Nontaxable benefits
    $0 + $29,451 related
    Filer's total
    $0 + $1,659,943 related
  • Michael W Gough

    Exec VP and COO (partial year)

    Total calculated
    $3,217,019
    From this org
    $0
    From related orgs
    $3,200,723
    Other
    $16,296
    Hours/week
    1 + 49 related

    Schedule J breakdown matched by us

    Base
    $0 + $719,698 related
    Bonus
    $0 + $554,516 related
    Other
    $0 + $1,926,509 related
    Deferred
    $0
    Nontaxable benefits
    $0 + $16,296 related
    Filer's total
    $0 + $3,217,019 related
  • Robert B Azar

    Sr VP Chief Legal Officer/Secretary

    Total calculated
    $1,302,529
    From this org
    $0
    From related orgs
    $1,125,537
    Other
    $176,992
    Hours/week
    1 + 49 related

    Schedule J breakdown matched by us

    Base
    $0 + $692,567 related
    Bonus
    $0 + $303,986 related
    Other
    $0 + $128,984 related
    Deferred
    $0 + $162,205 related
    Nontaxable benefits
    $0 + $14,787 related
    Filer's total
    $0 + $1,302,529 related
  • Mark Spivey

    Dir, Property Administration

    Total calculated
    $218,673
    From this org
    $143,997
    From related orgs
    $0
    Other
    $74,676
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $123,378
    Bonus
    $12,153
    Other
    $8,466
    Deferred
    $21,361
    Nontaxable benefits
    $53,315
    Filer's total
    $218,673
  • Nadareca Thibeaux

    Dir, LouMed

    Total calculated
    $176,072
    From this org
    $175,134
    From related orgs
    $0
    Other
    $938
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $149,834
    Bonus
    $0
    Other
    $25,300
    Deferred
    $0
    Nontaxable benefits
    $938
    Filer's total
    $176,072
  • Scott L Stanton

    System Director Properties

    Total calculated
    $200,033
    From this org
    $164,923
    From related orgs
    $0
    Other
    $35,110
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $131,870
    Bonus
    $31,331
    Other
    $1,722
    Deferred
    $11,310
    Nontaxable benefits
    $23,800
    Filer's total
    $200,033

The first 25 listed. 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. Earlier years are each on their own filing page.

Filings

  • 2024
    Revenue
    $72,680,476
    Expenses
    $82,278,352
    Contributions
    $1,656
    Grants paid
    $0
  • 2023
    Revenue
    $65,980,791
    Expenses
    $77,990,224
    Contributions
    $0
    Grants paid
    $0
  • 2022
    Revenue
    $61,245,122
    Expenses
    $73,863,181
    Contributions
    $696
    Grants paid
    $0

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

  • 2021 · 990

    Revenue
    $60,233,665
    Expenses
    $70,329,224
    Assets (EOY)
    $374,509,086
  • 2020 · 990

    Revenue
    $53,239,643
    Expenses
    $67,117,997
    Assets (EOY)
    $354,626,369
  • 2019 · 990

    Revenue
    $46,820,195
    Expenses
    $60,683,652
    Assets (EOY)
    $305,285,005
  • 2018 · 990

    Revenue
    $43,799,720
    Expenses
    $56,138,192
    Assets (EOY)
    $100,513,746
  • 2017 · 990

    Revenue
    $40,282,179
    Expenses
    $42,959,810
    Assets (EOY)
    $82,543,956
  • 2016 · 990

    Revenue
    $36,611,934
    Expenses
    $40,596,882
    Assets (EOY)
    $73,528,931
  • 2015 · 990

    Revenue
    $34,488,543
    Expenses
    $38,931,122
    Assets (EOY)
    $72,398,912
  • 2014 · 990

    Revenue
    $32,594,051
    Expenses
    $36,400,380
    Assets (EOY)
    $74,215,193
  • 2013 · 990

    Revenue
    $29,082,338
    Expenses
    $31,673,357
    Assets (EOY)
    $64,773,193
  • 2012 · 990

    Revenue
    not reported
    Expenses
    $29,988,575
    Assets (EOY)
    $35,009,237

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

No itemized grant names this organization as a recipient. Only grants over $5,000 are itemized, and only by filers of the full Form 990.

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Declared on its 2024 return

Declared as related by

Taxable family

From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.

Related corporations and trusts on its 2024 return

  • Norton Enterprises Inc

    C Corporation · Invests in Partnerships that provide medical services · KY

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Listed as of 13 October 2026, under deductibility SOUNK.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.

What this page reflects

The registration facts above come from the IRS Business Master File published 13 October 2026 and read 1 November 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.