St Elizabeth Medical Center
St Elizabeth Medical Center reported $2.19 billion in revenue and $1.99 billion in expenses for calendar year 2024. Of every $100 it spent, $61.03 went to program services, $38.82 to management and general costs and $0.15 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 94.4% of the total. The highest compensation it reported for one person was $1,709,972 (PRESIDENT/CEO). 1,425 people received more than $100,000 in reportable compensation. Revenue rose 69% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $1.99BFor 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 $2.19BThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 61.0% | 85.6% |
| Management & general Part IX 25(C) ÷ 25(A) | 38.8% | 13.7% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.2% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.26 | $0.00 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 0.5% | 1.3% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.3% | 0.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 94.4% | 93.7% |
| Highest reported compensation Part VII-A, columns D–F | $1,709,972 | $975,831 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.09% | 1.34% |
| People paid over $100,000 Part VII, line 2 | 1,425 | 27 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 15.2 | 6.6 |
| Independent voting board members Part VI 1a–1b | 14 of 16 | 88.9% |
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 expenseSt. Elizabeth Healthcare is one of the oldest, largest, and most respected medical providers in the Northern Kentucky, Southwestern Ohio and Southeastern Indiana areas. For more than 150 years, St. Elizabeth has been the heart and soul of healthcare in Northern Kentucky. Founded with one small hospital in 1861, St. Elizabeth Healthcare now operates six facilities throughout Northern Kentucky and Southeast Indiana: St. Elizabeth Covington, St. Elizabeth Edgewood, St. Elizabeth Florence, St. Elizabeth Ft. Thomas, St. Elizabeth Grant, and St. Elizabeth Dearborn. St. Elizabeth Healthcare is…
Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| PRESIDENT/CEO Director/trustee, officer, 50.0 hrs/week | $1,657,850 | $0 | $52,122 | $1,709,972 |
| PHYSICIAN Highest compensated employee, 50.0 hrs/week | $1,311,962 | $0 | $25,013 | $1,336,975 |
| PHYSICIAN Highest compensated employee, 50.0 hrs/week | $1,111,290 | $0 | $60,546 | $1,171,836 |
| PHYSICIAN Highest compensated employee, 50.0 hrs/week | $1,074,480 | $0 | $60,199 | $1,134,679 |
| PHYSICIAN Highest compensated employee, 50.0 hrs/week | $1,068,633 | $0 | $59,049 | $1,127,682 |
| PHYSICIAN Highest compensated employee, 50.0 hrs/week | $1,057,366 | $0 | $23,088 | $1,080,454 |
| EXECUTIVE VP/CFO/TREASURER Officer, 50.0 hrs/week | $826,289 | $0 | $52,290 | $878,579 |
| SEP PRESIDENT/CEO Key employee, 25.0 hrs/week | $805,218 | $0 | $62,765 | $867,983 |
1,425 people received more than $100,000 in reportable compensation from St Elizabeth Medical Center (Part VII, line 2). Compensation of current officers, directors and key employees totaled $11M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance 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–1b16 · 14 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 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 26Yes
- Lobbying, or a 501(h) election in effect Part IV 4Yes
- Over $15,000 of professional fundraising services Part IV 18Yes
- Over $10,000 of activity outside the U.S. Part IV 14bYes
- Employees Part I, line 510,327
- Volunteers Part I, line 61,169
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses only| QUALIVIS LLC Staffing agency | $31,289,818 |
| MESSER CONSTRUCTION CO Construction services | $18,857,205 |
| SEVEN HILLS ANESTHESIA LLC Medical services | $17,243,783 |
| SKANSKA USA BUILDING INC Construction services | $7,944,569 |
| COMPASS EMERGENCY PHYSICIANS PSC Medical services | $7,531,177 |
Individuals listed as contractors are left out. 229 contractors were paid more than $100,000 in all.
Private foundation grants it received
6 private foundations reported grants to St Elizabeth Medical Center totaling $632K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from St Elizabeth Medical Center's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for St Elizabeth Medical Center, you can publish a response that is linked from this page.
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Of every $100 St Elizabeth Medical Center spent in 2024, $61.03 went to programs. The full breakdown, from its IRS Form 990:
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Questions people ask
How much of St Elizabeth Medical Center's spending goes to programs?
In calendar year 2024, St Elizabeth Medical Center reported that 61.0% of its $1.99 billion in expenses went to program services, 38.8% to management and general and 0.2% to fundraising (Form 990, Part IX).
How much does St Elizabeth Medical Center pay its top executive?
The largest total compensation St Elizabeth Medical Center reported for one person in calendar year 2024 was $1,709,972, for the role of PRESIDENT/CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does St Elizabeth Medical Center get its money?
Of $2.19 billion in revenue in calendar year 2024, 0.5% came from contributions and grants (including 0.3% from government grants) and 94.4% from program service revenue (Form 990, Part VIII).
Is St Elizabeth Medical Center a registered charity?
The IRS lists EIN 61-0445850 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 202513169349307126 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202423209349304822 · read the filing
- 2022: Form 990 for calendar year 2022, object 202343139349301219 · read the filing
- 2021: Form 990 for calendar year 2021, object 202203159349303050 · read the filing
- 2020: Form 990 for calendar year 2020, object 202103159349304325 · read the filing
- 2019: Form 990 for calendar year 2019, object 202033219349316728 · read the filing
All filings for EIN 61-0445850: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.