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Ashland Nursing Home Corp

Also known as Kingsbrook Lifecare Center

Ashland, KY · EIN 61-1386016 · 501(c)(3) · Publicly supported organization (509(a)(2))
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Ashland Nursing Home Corp reported $18.0 million in revenue and $15.9 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $86.22 went to program services, $13.78 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: 99.0% of the total. The highest compensation it reported for one person was $1,196,109 (PRESIDENT/CEO). Revenue rose 37% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $16M

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 June 30, 2025 · Form 990, Part VIII · total revenue $18M

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)
86.2%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
13.8%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
Not reported$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
0.0%1.3%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%0.1%
Program service revenue share
Part VIII 2g ÷ 12
99.0%93.7%
Highest reported compensation
Part VII-A, columns D–F
$1,196,109$975,831
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
7.54%1.34%
People paid over $100,000
Part VII, line 2
027
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
11.26.6
Independent voting board members
Part VI 1a–1b
10 of 1088.9%

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
$14M expenses · 100.0% of program spending · revenue $18M

Kingsbrook provides quality care to patients, meeting the needs and desires of residents at various levels of care, including short-term and long-term care. Kingsbrook is a 137-bed nursing facility which provides skilled nursing services and rehabilitation therapy to residents desiring to return home from an acute care hospital stay. Kingsbrook also provides nursing services and care for residents on a long-term basis

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
PRESIDENT/CEO
Officer, 1.25 hrs/week
$0$1,057,903$138,206$1,196,109
TREASURER
Officer, 1.25 hrs/week
$0$1,017,721$137,762$1,155,483
ANHC MEDICAL DIRECTOR, PHYSICIAN
Key employee, 0.75 hrs/week
$22,500$403,609$42,923$469,032
ASSISTANT SECRETARY
Officer, 0.25 hrs/week
$0$262,208$27,466$289,674
EXECUTIVE DIRECTOR ANHC
Key employee, 45.00 hrs/week
$0$200,969$32,830$233,799
ANHC DIRECTOR PATIENT CARE SERVICES
Highest compensated employee, 40.00 hrs/week
$0$111,931$16,648$128,579
ANHC DIRECTOR OF NURSING
Highest compensated employee, 40.00 hrs/week
$0$109,115$16,428$125,543

0 people received more than $100,000 in reportable compensation from Ashland Nursing Home Corp (Part VII, line 2).

6 filings since FY2020

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$18M$16M86.2%$15M$1,196,109
FY2024 ⓘ$15M$15M86.2%$13M$1,116,715
FY2023 (9 mo.) ⓘ$11M$11M85.2%$13M$2,028,936
FY2022 ⓘ$13M$14M85.3%$9.1M$2,272,109
FY2021 ⓘ$13M$14M86.7%$10M$975,974
FY2020 ⓘ$13M$13M88.7%$11M$861,467

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–1b10 · 10 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 5288
  • Volunteers Part I, line 611

Correct a figure or respond

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

Questions people ask

How much of Ashland Nursing Home Corp's spending goes to programs?

In the fiscal year ending June 30, 2025, Ashland Nursing Home Corp reported that 86.2% of its $15.9 million in expenses went to program services, 13.8% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Ashland Nursing Home Corp pay its top executive?

The largest total compensation Ashland Nursing Home Corp reported for one person in the fiscal year ending June 30, 2025 was $1,196,109, for the role of PRESIDENT/CEO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Ashland Nursing Home Corp get its money?

Of $18.0 million in revenue in the fiscal year ending June 30, 2025, 0.0% came from contributions and grants and 99.0% from program service revenue (Form 990, Part VIII).

Is Ashland Nursing Home Corp a registered charity?

The IRS lists EIN 61-1386016 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), 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 June 30, 2025, object 202601359349308445 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202501359349306855 · read the filing
  • FY2023 (9 mo.): Form 990 for the 9-month short period ending June 30, 2023, object 202411369349304866 · read the filing
  • FY2022: Form 990 for the fiscal year ending September 30, 2022, object 202322269349303307 · read the filing
  • FY2021: Form 990 for the fiscal year ending September 30, 2021, object 202202279349302905 · read the filing
  • FY2020: Form 990 for the fiscal year ending September 30, 2020, object 202102289349303435 · read the filing

All filings for EIN 61-1386016: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.