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Monroe Medical Foundation

Also known as Monroe County Medical Center

Tompkinsville, KY · EIN 31-0949874 · 501(c)(3) · Hospital or medical research organization
Latest filing: Form 990 for the fiscal year ending February 28, 2025 (tax year 2024) · View the filing · Correct or respond

Monroe Medical Foundation reported $22.8 million in revenue and $23.9 million in expenses for the fiscal year ending February 28, 2025. Of every $100 it spent, $90.43 went to program services, $9.57 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 91.8% of the total. The highest compensation it reported for one person was $675,037 (Board Member/ Physician). 14 people received more than $100,000 in reportable compensation. Revenue rose 16% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending February 28, 2025 · Form 990, Part IX, line 25 · total expenses $24M

For context, the median across 5,634 covered health care charities: $86.19 programs, $13.81 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending February 28, 2025 · Form 990, Part VIII · total revenue $23M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,634 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
90.4%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
9.6%13.7%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
4.1%1.3%
Government grants share of revenue
Part VIII 1e ÷ 12
4.1%0.1%
Program service revenue share
Part VIII 2g ÷ 12
91.8%93.7%
Highest reported compensation
Part VII-A, columns D–F
$675,037$975,831
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
2.83%1.34%
People paid over $100,000
Part VII, line 2
1427
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
14.46.6
Independent voting board members
Part VI 1a–1b
7 of 988.9%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$22M expenses · 100.0% of program spending · grants $15,500 · revenue $23M

Inpatient Care - Monroe Medical Foundation, Inc. operates a 49 bed acute care hospital. The hospital admitted 1,058 patients, treated 5,174 patients in the emergency room, treated 17,631 patients as outpatient referrals and made 2,010 ambulance runs in FYE 2-28-25. The patients admitted to the hospital as regular inpatients consisted of approximately 76% Medicare patients and 15% Medicaid patients. Approximately 1% of patients admitted did not have Medicare or Medicaid, and did not have any type of insurance. The hospital also began providing Swing Bed services in December 2014. We admitted…

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
Board Member/ Physician
Director/trustee, 40 hrs/week
$675,037$0$0$675,037
Physician
Highest compensated employee, 40 hrs/week
$390,144$0$0$390,144
PHYSICIAN
Highest compensated employee, 40 hrs/week
$287,075$0$0$287,075
Exec Director/CEO
Officer, 40 hrs/week
$190,035$0$0$190,035
Nurse Practitioner
Highest compensated employee, 40 hrs/week
$163,271$0$0$163,271
Director of Pharmacy
Highest compensated employee, 40 hrs/week
$158,307$0$0$158,307
Physical Therapist
Highest compensated employee, 40 hrs/week
$136,203$0$0$136,203
Cardiopulmonary Director
Highest compensated employee, 40 hrs/week
$119,476$0$0$119,476

14 people received more than $100,000 in reportable compensation from Monroe Medical Foundation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.0M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$10M$20M$30M$40MFY2020FY2021FY2022FY2023FY2024FY2025$23M$24M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$23M$24M90.4%$29M$675,037
FY2024 ⓘ$21M$23M90.4%$27M$658,694
FY2023 ⓘ$21M$22M90.3%$29M$712,984
FY2022 ⓘ$24M$21M92.2%$30M$637,126
FY2021 ⓘ$22M$20M91.9%$27M$739,132
FY2020 ⓘ$20M$20M91.9%$25M$599,570

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b9 · 7 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aNo
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 5272

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
Inspire Medical Inc
Emergency Room Physicians
$1,686,745
MedHost of Tennessee Inc
Computer Software Hardware and Maintenance
$642,340
Siemens Medical Solutions USA Inc
Radiology Equipment Service Agreement
$178,778

Individuals listed as contractors are left out. 5 contractors were paid more than $100,000 in all.

Correct a figure or respond

Every number above is copied from Monroe Medical Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Monroe Medical Foundation, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All health care charities · Largest charities in Kentucky

Questions people ask

How much of Monroe Medical Foundation's spending goes to programs?

In the fiscal year ending February 28, 2025, Monroe Medical Foundation reported that 90.4% of its $23.9 million in expenses went to program services, 9.6% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Monroe Medical Foundation pay its top executive?

The largest total compensation Monroe Medical Foundation reported for one person in the fiscal year ending February 28, 2025 was $675,037, for the role of Board Member/ Physician (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Monroe Medical Foundation get its money?

Of $22.8 million in revenue in the fiscal year ending February 28, 2025, 4.1% came from contributions and grants (including 4.1% from government grants) and 91.8% from program service revenue (Form 990, Part VIII).

Is Monroe Medical Foundation a registered charity?

The IRS lists EIN 31-0949874 as a 501(c)(3) organization (hospital or medical research organization), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending February 28, 2025, object 202610169349301211 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending February 29, 2024, object 202520159349302927 · read the filing
  • FY2023: Form 990 for the fiscal year ending February 28, 2023, object 202410169349300361 · read the filing
  • FY2022: Form 990 for the fiscal year ending February 28, 2022, object 202330139349300903 · read the filing
  • FY2021: Form 990 for the fiscal year ending February 28, 2021, object 202122239349300412 · read the filing
  • FY2020: Form 990 for the fiscal year ending February 29, 2020, object 202120149349300307 · read the filing

All filings for EIN 31-0949874: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.