nonprofit logo

Norton Healthcare Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 611028725 ✦ Louisville, KY ✦ Designated as a 501(c)(3)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is Norton Healthcare Inc?

Norton Healthcare Inc, a Louisville, Kentucky-based not-for-profit organization, runs six hospitals - Norton Audubon, Brownsboro, Children's, Hospital, Women's & Children's, and Kings' Daughter's - totaling 1,993 licensed beds. Their mission is dedicated to delivering quality healthcare to their communities, guided by their faith heritage. In addition to their hospitals, Norton Pharmacies PLLC, a Norton Healthcare affiliate, operates five retail and one specialty pharmacy. The organization had a workforce of 3,959 employees in 2022.


Official website here: www.nortonhealthcare.com

What are the reviews and ratings of this charity?

Charity Navigator Rating 81% - Three-Star out of Four Star Rating

Norton Healthcare Inc has received a Three-Star rating from Charity Navigator, reflecting a score of 81%, which indicates a strong commitment to accountability and finance. The overall score is based solely on this category, demonstrating a focus on transparency and adherence to financial best practices. This high rating signifies that the organization is effectively managing its resources and is likely to be a reliable choice for donors.

The organization excels in several key areas, including governance with 95% independent board members and an impressive accountability score reflecting rigorous oversight practices. Norton Healthcare has robust policies in place, such as conflict of interest and whistleblower policies, which contribute to its transparency. The program expense ratio is also commendable at 83.35%, suggesting that a significant portion of funds is directed towards its mission-related activities.

However, there is a noted limitation in the liabilities to assets ratio, where it scored 0 out of 15 points. This indicates potential concerns regarding the management of financial obligations. While the organization demonstrates strong governance and accounting practices, addressing its financial liabilities will be important for sustaining long-term operational health.


This AI summary has been generated from information found on Charity Navigator.

Is Norton Healthcare Inc legitimate?

Norton Healthcare Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Norton Healthcare Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $18,531,946
Professional Fundraising Fees: $0
Other Salaries and Wages: $179,241,758

For more financial information, click here


Official website here: www.nortonhealthcare.com

What is the mission statement of Norton Healthcare Inc?

Norton Healthcare is committed to delivering quality healthcare to everyone they serve. Their approach is rooted in responding to the unique needs of the communities they serve and remaining faithful to their heritage. Norton Healthcare operates several hospitals, providing a total of approximately 1,993 beds, and offers pharmacy services for the convenience of their patients and employees. Their mission goes beyond medical care, as they aim to make a positive impact on the lives of those in their care.


Official website here: www.nortonhealthcare.com

Who is the CEO of Norton Healthcare Inc?

Unavailable The CEO's salary of Norton Healthcare Inc is $4,778,102 and their total compensation is $4,959,205.


Official website here: www.nortonhealthcare.com

What is the revenue of Norton Healthcare Inc?

Norton Healthcare Inc's revenue in 2022 was $569,215,201.


Official website here: www.nortonhealthcare.com

Who are the executives of Norton Healthcare Inc and what are their salaries?

The average compensation at Norton Healthcare Inc during 2022 was $49,955. There are 3959 employees and 2 volunteers at Norton Healthcare Inc.


Here are 49 key members and their salaries (Norton Healthcare Inc's CEO's salary is $4,778,102 and their total compensation is $4,959,205):


Russell F Cox (President & Ceo/Trustee)
  • Compensation: $4,778,102
  • Related: $0
  • Other: $181,103
Barry Pennybaker (Trustee)
  • Compensation: $2,000
  • Related: $0
  • Other: $0
Brendan Canavan (Trustee (Partial Year))
  • Compensation: $0
  • Related: $0
  • Other: $0
Craig D Grant (Trustee)
  • Compensation: $2,000
  • Related: $0
  • Other: $0
David Craig (Trustee)
  • Compensation: $2,000
  • Related: $0
  • Other: $0
Donald H Robinson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edie Nixon (Chair)
  • Compensation: $2,000
  • Related: $0
  • Other: $0
Erwin Roberts (Trustee)
  • Compensation: $2,000
  • Related: $0
  • Other: $0
G Hunt Rounsavall Sr (Trustee)
  • Compensation: $2,000
  • Related: $0
  • Other: $0
Gail Lyttle (Trustee)
  • Compensation: $2,000
  • Related: $0
  • Other: $0
Gary L Stewart (Vice-Chair (Partial Yr))
  • Compensation: $2,000
  • Related: $0
  • Other: $0
Gregory E Mayes (Trustee)
  • Compensation: $2,000
  • Related: $0
  • Other: $0
James L Sublett Md (Trustee)
  • Compensation: $2,000
  • Related: $0
  • Other: $0
Judge Denise Clayton (Trustee)
  • Compensation: $2,000
  • Related: $0
  • Other: $0
Lee K Garlove (Trustee)
  • Compensation: $2,000
  • Related: $0
  • Other: $0
Maria Hampton (Trustee)
  • Compensation: $2,000
  • Related: $0
  • Other: $0
Maria L Bouvette (Trustee)
  • Compensation: $2,000
  • Related: $0
  • Other: $0
Martha K Heyburn Md (Trustee)
  • Compensation: $2,000
  • Related: $0
  • Other: $0
Rev William J Schultz (Trustee)
  • Compensation: $2,000
  • Related: $0
  • Other: $0
Richard R Ivey (Trustee)
  • Compensation: $2,000
  • Related: $0
  • Other: $0
Richard S Wolf Md (Chair Emeritus)
  • Compensation: $2,000
  • Related: $0
  • Other: $0
Rick Guillaume (Chair Emeritus (Partial Year))
  • Compensation: $0
  • Related: $0
  • Other: $0
Rita Hudson Shourds Edd (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ronald Lehocky Md (Trustee)
  • Compensation: $2,000
  • Related: $0
  • Other: $0
Sue Davis Edd Rn (Trustee)
  • Compensation: $2,000
  • Related: $0
  • Other: $0
Adam Kempf (Sr Vp, Cfo/Treasurer)
  • Compensation: $1,039,507
  • Related: $0
  • Other: $178,515
Michael W Gough (Exec Vp And Coo)
  • Compensation: $1,834,089
  • Related: $0
  • Other: $133,598
Robert B Azar (Sr Vp Chief Legal Officer/Secretary)
  • Compensation: $1,116,031
  • Related: $0
  • Other: $90,244
Charlotte Ipsan (Senior Vp And Chief Hospital Officer)
  • Compensation: $198,638
  • Related: $395,341
  • Other: $126,651
Douglas Winkelhake (Division President)
  • Compensation: $1,097,601
  • Related: $0
  • Other: $202,424
Gladys Abarca-Lopez (Sr Vp Chief Hr Officer)
  • Compensation: $869,262
  • Related: $0
  • Other: $976,610
James Frazier Md (Vp Medical Affairs)
  • Compensation: $707,666
  • Related: $0
  • Other: $127,872
Jim Meyers (Sys Vp Revenue Cycle)
  • Compensation: $511,250
  • Related: $0
  • Other: $106,101
Kathleen Exline (Sys Vp Perf Excel & Care Continium)
  • Compensation: $506,488
  • Related: $0
  • Other: $99,239
Kimberly Tharp-Barrie (Sr Vp & Cno)
  • Compensation: $505,451
  • Related: $0
  • Other: $44,854
Mark Kircher (Division Vp Finance)
  • Compensation: $491,130
  • Related: $0
  • Other: $51,853
Mary Lynn Meyer (Sr Vp Wccp/ Cdo)
  • Compensation: $242,754
  • Related: $402,827
  • Other: $115,005
Mary Jo Bean (Sr Vp Planning & Bus Analysis)
  • Compensation: $685,643
  • Related: $0
  • Other: $73,042
Scott Watkins (Sr Vp Operations)
  • Compensation: $771,364
  • Related: $0
  • Other: $155,802
Shelly Gast (Sys Vp Mngd Care & Payor Strategy)
  • Compensation: $498,479
  • Related: $0
  • Other: $91,405
Steve Ready (Sr Vp & Cio)
  • Compensation: $936,353
  • Related: $0
  • Other: $177,765
Steven Heilman Md (Sr Vp & Chief Innovation Officer)
  • Compensation: $741,568
  • Related: $0
  • Other: $136,270
Steven Hester Md (Div President Provider Ops & Sys Cmo)
  • Compensation: $1,287,903
  • Related: $0
  • Other: $245,004
Brenda Runner (Sys Vp Assoc General Counsel)
  • Compensation: $464,784
  • Related: $0
  • Other: $46,193
Byron Lewis (Sys Vp Health Policy)
  • Compensation: $465,246
  • Related: $0
  • Other: $95,468
Helena Schulz (Sys Vp Treasurer)
  • Compensation: $467,651
  • Related: $0
  • Other: $88,470
Jennifer Evans Md (Sys Vp Women'S & Pediatric Svc Line)
  • Compensation: $621,174
  • Related: $0
  • Other: $710,331
Stephen Wyatt Md (Chief Research Executive)
  • Compensation: $538,641
  • Related: $0
  • Other: $32,277
Tracy Williams (Former Sr Vp & Cno & Learning Officer)
  • Compensation: $511,980
  • Related: $0
  • Other: $18,750


Official website here: www.nortonhealthcare.com

Where can I find the form 990 for Norton Healthcare Inc?

Norton Healthcare Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.nortonhealthcare.com

Learn more at the official website: www.nortonhealthcare.com

Mission Statement of Norton Healthcare Inc

Norton Healthcare Inc, a not-for-profit corporation, is dedicated to delivering top-quality healthcare services to all it serves. The organization's mission is rooted in responding to the unique needs of the communities it serves and upholding its faith heritage. With a deep-seated commitment to providing healthcare, Norton Healthcare operates six hospitals in total, each with various licensed beds. These hospitals function around the clock, seven days a week, ensuring continuous care for their patients.

Norton Healthcare's vast network includes Norton Audubon Hospital, with 432 beds; Norton Brownsboro Hospital, housing 197 beds; Norton Children's Hospital, boasting 300 beds; Norton Hospital, offering 605 beds; Norton Women's & Children's Hospital, providing 373 beds; and Norton Kings' Daughter's Hospital, with 86 beds. Each of these healthcare facilities is staffed and equipped to address the diverse health needs of its patients.

In addition to its hospital services, Norton Healthcare also operates Norton Pharmacies PLLC, which manages five retail pharmacies and one specialty pharmacy. This pharmacy network caters to the convenience of Norton Healthcare's patients and employees by dispensing medications. By providing both healthcare services and pharmacy solutions, Norton Healthcare ensures a comprehensive continuum of care for all those it serves.

Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!

Impact




October, 2024

Norton Healthcare Inc significantly impacts the health landscape in Louisville, Kentucky, providing essential medical services that cater to the diverse needs of the community. With nearly 2,000 licensed beds across six hospitals, it plays a vital role in delivering quality healthcare around the clock.

The organization’s commitment to addressing community needs is evident through its broad array of services, including specialized care at Norton Children's Hospital and women's health services. The integration of pharmacies enhances access to medications, ensuring that patients receive timely and convenient pharmaceutical care.

Furthermore, Norton Healthcare honors its faith heritage by fostering a compassionate environment that prioritizes patient care and community wellness. This holistic approach not only meets immediate health needs but also contributes to the overall well-being and health equity in the region. By remaining responsive to the evolving demands of the population, Norton Healthcare Inc stands as a cornerstone of healthcare in Kentucky, furthering its mission to serve with dignity and excellence.




This information is meant to be a general summary of Norton Healthcare Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$569,215,201 (2022)
Expenses
$530,549,416 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $52,274,276
  • Program Service Revenue: $506,680,681
  • Gross Receipts: $802,111,273

Assets and Liabilities:

  • Total Assets: $2,441,255,153
  • Total Liabilities: $2,394,033,872
  • Net Assets: $47,221,281

Want to help this charity, for free? You can click here to learn more about Give Freely

Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Management fees

Revenue

$390,204,701

Net Patient Revenue

Revenue

$94,086,458

Clinical Research Trials

Revenue

$22,136,225

Education Programs

Revenue

$253,297

Organization Details

Founding Year

1983

Main Address

Accounting 224 E Broadway 5th Fl, Louisville, KY, 40202

NTEE Category

Code: E210 - Health

If you are a representative of Norton Healthcare Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.