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Parkview Wabash Hospital

Wabash, IN · EIN 47-1753440 · 501(c)(3) · Hospital or medical research organization
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Parkview Wabash Hospital reported $74.5 million in revenue and $66.7 million in expenses for calendar year 2024. Of every $100 it spent, $81.00 went to program services, $19.00 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: 99.4% of the total. The highest compensation it reported for one person was $1,865,163 (PH CHIEF FINANCIAL OFFICER/PRTL YR). 39 people received more than $100,000 in reportable compensation. Revenue rose 33% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $67M

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

Calendar year 2024 · Form 990, Part VIII · total revenue $74M

Investment income was negative: −$13,692. The bar shows the positive sources only.

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

2024 filing. Median across 5,634 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
81.0%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
19.0%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
0.3%1.3%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%0.1%
Program service revenue share
Part VIII 2g ÷ 12
99.4%93.7%
Highest reported compensation
Part VII-A, columns D–F
$1,865,163$975,831
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
2.79%1.34%
People paid over $100,000
Part VII, line 2
3927
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
0.56.6
Independent voting board members
Part VI 1a–1b
8 of 1288.9%

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

2024 · Form 990, Part III · the three largest programs by expense
$54M expenses · 100.0% of program spending · grants $14,875 · revenue $74M

Parkview Wabash Hospital, inc. Is a 25-bed, critical access hospital established in 1919. It has been a member of parkview health, inc., since 2015. The campus opened in 2018 and includes a two-story 82,000-square-foot hospital and a 31,000-square-foot medical office building, home to parkview physicians group and services. The hospital features amenities beyond the typical medical services (described below) to include a full-service cafe, chapel, gift shop, and one-mile paved walking path with picnic pavilion. The primary service area includes all of wabash county, with expansion into miami…

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
PH CHIEF FINANCIAL OFFICER/PRTL YR
Officer, 1.00 hrs/week
$0$1,647,203$217,960$1,865,163
DIRECTOR/REGIONAL MARKET PRESIDENT
Director/trustee, officer, 1.00 hrs/week
$0$1,520,046$75,084$1,595,130
DIRECTOR/MARKET PRESIDENT
Director/trustee, officer, 39.00 hrs/week
$551,970$0$24,969$576,939
DIRECTOR/PH PHYSICIAN
Director/trustee, 1.00 hrs/week
$8,778$487,665$71,356$567,799
PH ASSOCIATE CHIEF FINANCIAL OFFICER
Officer, 1.00 hrs/week
$0$218,745$48,843$267,588
WBHOS PHARMACY MGR
Highest compensated employee, 40.00 hrs/week
$225,101$0$34,928$260,029
WBHOS SUPERVISOR OP THERAPY
Highest compensated employee, 40.00 hrs/week
$175,870$0$58,952$234,822
WBHOS NURSE PRACTITIONER
Highest compensated employee, 39.00 hrs/week
$172,680$311$56,322$229,313

39 people received more than $100,000 in reportable compensation from Parkview Wabash Hospital (Part VII, line 2). Compensation of current officers, directors and key employees totaled $622K (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$20M$40M$60M$80M201920202021202220232024$74M$67M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$74M$67M81.0%$3.0M$1,865,163
2023 ⓘ$69M$65M82.9%−$4.7M$5,063,462
2022 ⓘ$62M$62M82.8%−$8.5M$2,941,140
2021 ⓘ$66M$56M84.5%−$9.0M$2,363,679
2020 ⓘ$57M$56M83.7%−$19M$3,705,274
2019 (amended) ⓘ$56M$60M85.2%−$20M$3,849,043

Governance answers, as filed

2024 · 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–1b12 · 8 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 15aNo
  • Board given the 990 before filing Part VI 11aYes
  • 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 4Yes
  • 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 5230
  • Volunteers Part I, line 615

Largest outside contractors

2024 · Form 990, Part VII, Section B · businesses only
PARKVIEW HEALTH SYSTEM INC
Rhc operations
$6,374,818
PARKVIEW HOSPITAL INC
Laboratory services
$2,658,754
NORTHEAST INTERNAL MEDICINE ASSOC INC
Hospitalists
$390,691
XTEND HEALTHCARE LLC
Billing services
$238,104
COMPLETE BILLING SERVICES LLC
Billing services
$126,210

Individuals listed as contractors are left out. 6 contractors were paid more than $100,000 in all.

Correct a figure or respond

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

Similar-sized charities in this cause

All health care charities · Largest charities in Indiana

Questions people ask

How much of Parkview Wabash Hospital's spending goes to programs?

In calendar year 2024, Parkview Wabash Hospital reported that 81.0% of its $66.7 million in expenses went to program services, 19.0% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Parkview Wabash Hospital pay its top executive?

The largest total compensation Parkview Wabash Hospital reported for one person in calendar year 2024 was $1,865,163, for the role of PH CHIEF FINANCIAL OFFICER/PRTL YR (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Parkview Wabash Hospital get its money?

Of $74.5 million in revenue in calendar year 2024, 0.3% came from contributions and grants and 99.4% from program service revenue (Form 990, Part VIII).

Is Parkview Wabash Hospital a registered charity?

The IRS lists EIN 47-1753440 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

  • 2024: Form 990 for calendar year 2024, object 202533109349304088 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202443109349301994 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202313149349304516 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202223069349303062 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202103119349300900 · read the filing
  • 2019: Form 990 for calendar year 2019 (amended), object 202110719349301326 · read the filing

All filings for EIN 47-1753440: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.