Skip to content
ProPublica Donate
ProPublica Donate

Louisville Medical Center Development Corporation

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Health — General and Rehabilitative / Fund Raising and/or Fund Distribution (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$21.4M (2023)

Expenses
$26.3M (2023)

Total Assets
$88.3M (2023)

Total Liabilities
$0 (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending June
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$21,350,030
Expenses
$26,348,417
Net Income
-$4,998,387
Net Assets
$88,271,663
Notable Sources of Revenue Percent of Total Revenue
Contributions $21,151,399
99.1%
Program Services $0
Investment Income $198,631
0.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $88,271,663
Total Liabilities $0
Net Assets $88,271,663
Compensation
Key Employees and Officers Compensation Related Other
Scott Brinkman (Director) $0 $0 $0
Jessica Cole (Director) $0 $0 $0
Charlie Dahlem (Director) $0 $0 $0
Jill Force (Director) $0 $0 $0
Steve Gault (Vice Chair & Secretary) $0 $0 $0
Mariah Gratz (Director) $0 $0 $0
Craig Hawley (Director) $0 $0 $0
Mark Nickel (Director) $0 $0 $0
Kim Schatzel (Director) $0 $0 $0
Powell Spears (Director) $0 $0 $0
Keith Sherman (Chair) $0 $0 $0
Paul Carrico (Director (Previous)) $0 $0 $0
Lori Gonzalez (Director (Previous)) $0 $0 $0
Ken Payne (Director (Previous)) $0 $0 $0
Earl Reed (Director (Previous)) $0 $0 $0
Sandy Metts Snowden (Director (Previous)) $0 $0 $0

Document Links

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,026,175
Expenses
$10,933,281
Net Income
-$1,907,106
Net Assets
$93,270,050
Notable Sources of Revenue Percent of Total Revenue
Contributions $9,022,510
100.0%
Program Services $0
Investment Income $3,665
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $95,269,229
Total Liabilities $1,999,179
Net Assets $93,270,050
Compensation
Key Employees and Officers Compensation Related Other
Paul Carrico (Director) $0 $0 $0
Jill Force (Director) $0 $0 $0
Steve Gault (Director) $0 $0 $0
Lori Gonzalez (Director) $0 $0 $0
Mariah Gratz (Director) $0 $0 $0
Craig Hawley (Director) $0 $0 $0
Ken Payne (Vice Chair & Secretary) $0 $0 $0
Earl Reed (Director) $0 $0 $0
Sandy Metts Snowden (Director) $0 $0 $0
Powell Spears (Director) $0 $0 $0
Keith Sherman (Chair) $0 $0 $0
Neeli Bendapudi (Director (Previous)) $0 $0 $0
Derrick Littlejohn (Director (Previous)) $0 $0 $0

Document Links

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$8,068,476
Expenses
$9,525,797
Net Income
-$1,457,321
Net Assets
$95,177,156
Notable Sources of Revenue Percent of Total Revenue
Contributions $8,067,242
100.0%
Program Services $0
Investment Income $1,234
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $97,176,335
Total Liabilities $1,999,179
Net Assets $95,177,156
Compensation
Key Employees and Officers Compensation Related Other
Neeli Bendapudi (Director) $0 $0 $0
Paul Carrico (Director) $0 $0 $0
Jill Force (Director) $0 $0 $0
Steve Gault (Director) $0 $0 $0
Mariah Gratz (Director) $0 $0 $0
Craig Hawley (Director) $0 $0 $0
Derrick Littlejohn (Director) $0 $0 $0
Ken Payne (Vice Chair & Secretary) $0 $0 $0
Earl Reed (Director) $0 $0 $0
Sandy Metts Snowden (Director) $0 $0 $0
Powell Spears (Director) $0 $0 $0
Keith Sherman (Chair) $0 $0 $0
Robert Koetter (Director (Previous)) $0 $0 $0

Document Links

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,454,280
Expenses
$4,477,560
Net Income
-$2,023,280
Net Assets
$96,634,477
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,445,011
99.6%
Program Services $0
Investment Income $9,269
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $98,636,432
Total Liabilities $2,001,955
Net Assets $96,634,477
Compensation
Key Employees and Officers Compensation Related Other
Neeli Bendapudi (Director) $0 $0 $0
Paul Carrico (Director) $0 $0 $0
Jill Force (Director) $0 $0 $0
Steve Gault (Director) $0 $0 $0
Mariah Gratz (Director) $0 $0 $0
Craig Hawley (Director) $0 $0 $0
Robert Koetter (Director) $0 $0 $0
Derrick Littlejohn (Director) $0 $0 $0
Ken Payne (Vice Chair & Secretary) $0 $0 $0
Earl Reed (Director) $0 $0 $0
Sandy Metts Snowden (Director) $0 $0 $0
Keith Sherman (Chair) $0 $0 $0

Document Links

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,689,165
Expenses
$15,166,247
Net Income
-$5,477,082
Net Assets
$98,657,757
Notable Sources of Revenue Percent of Total Revenue
Contributions $9,638,747
99.5%
Program Services $0
Investment Income $50,418
0.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $100,622,733
Total Liabilities $1,964,976
Net Assets $98,657,757
Compensation
Key Employees and Officers Compensation Related Other
Neeli Bendapudi (Director) $0 $0 $0
Paul Carrico (Director) $0 $0 $0
Steve Gault (Director) $0 $0 $0
Mariah Gratz (Director) $0 $0 $0
Craig Hawley (Director) $0 $0 $0
Robert Koetter (Director) $0 $0 $0
Derrick Littlejohn (Director) $0 $0 $0
Ken Payne (Vice Chair & Secretary) $0 $0 $0
Earl Reed (Director) $0 $0 $0
Sandy Metts Snowden (Director) $0 $0 $0
Keith Sherman (Chair) $0 $0 $0
Michael Bowers (Director (Previous)) $0 $0 $0

Document Links

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$8,000,617
Expenses
$21,376,463
Net Income
-$13,375,846
Net Assets
$104,134,839
Notable Sources of Revenue Percent of Total Revenue
Contributions $7,970,138
99.6%
Program Services $0
Investment Income $30,479
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $106,103,815
Total Liabilities $1,968,976
Net Assets $104,134,839
Compensation
Key Employees and Officers Compensation Related Other
Neeli Bendapudi (Director) $0 $0 $0
Michael Bowers (Treasurer) $0 $0 $0
Paul Carrico (Director) $0 $0 $0
Steve Gault (Vice Chair) $0 $0 $0
Craig Hawley (Secretary) $0 $0 $0
Donna Heitzman (Director) $0 $0 $0
Robert Koetter (Director) $0 $0 $0
Derrick Littlejohn (Director) $0 $0 $0
Ken Payne (Director) $0 $0 $0
Earl Reed (Director) $0 $0 $0
Sandy Metts Snowden (Director) $0 $0 $0
Gregory C Postel (Director (Previous)) $0 $0 $0
Keith Sherman (Chair/Interim Exec. Director & Coo) $0 $0 $0

Document Links

Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,508,988
Expenses
$4,380,424
Net Income
$2,128,564
Net Assets
$117,510,685
Notable Sources of Revenue Percent of Total Revenue
Contributions $6,387,644
98.1%
Program Services $119,533
1.8%
Investment Income $490
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $1,321
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $117,512,285
Total Liabilities $1,600
Net Assets $117,510,685
Compensation
Key Employees and Officers Compensation Related Other
Michael Bowers (Director) $0 $0 $0
Paul Carrico (Director) $0 $0 $0
Steve Gault (Secretary) $0 $0 $0
Donna Heitzman (Director) $0 $0 $0
Robert Koetter (Director) $0 $0 $0
Derrick Littlejohn (Director) $0 $0 $0
Ken Payne (Vice Chair) $0 $0 $0
Gregory C Postel (Director) $0 $0 $0
Earl Reed (Chair) $0 $0 $0
Sandy Metts Snowden (Treasurer) $0 $0 $0
Burt Deutsch (Director (Previous)) $0 $0 $0
Neville Pinto (Director (Previous)) $0 $0 $0
James R Ramsey (Chair (Previous)) $0 $0 $0
Debbie Scoppechio (Vice Chair (Previous)) $0 $0 $0
Keith Sherman (Interim Executive Director & Coo) $0 $0 $0
Kathleen Smith (Asst Secretary (Previous)) $0 $0 $0
Jason Tomlinson (Asst Treasurer (Previous)) $0 $0 $0

Document Links

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,126,901
Expenses
$5,136,538
Net Income
-$3,009,637
Net Assets
$117,920,734
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,738,647
81.7%
Program Services $387,211
18.2%
Investment Income $1,043
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $118,136,734
Total Liabilities $216,000
Net Assets $117,920,734
Compensation
Key Employees and Officers Compensation Related Other
Dr James R Ramsey (Chairman) $0 $0 $0
Ulysses L Bridgeman Jr (Director) $0 $0 $0
Sam Rechter (Director) $0 $0 $0
Sandy Metts Snowden (Director) $0 $0 $0
David L Dunn Md (Vice President) $0 $0 $0
William M Pierce Jr Ph D (Vice President) $0 $0 $0
Shirley C Willihnganz Ph D (Executive Vice President (Until 10/1/2015)) $0 $0 $0
Kathleen M Smith (Secretary) $0 $0 $0
Jason Tomlinson (Cfo/Assistant Treasurer) $0 $0 $0
Neville G Pinto Ph D (Executive Vice President) $0 $0 $0

Document Links

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,303,321
Expenses
$9,689,498
Net Income
-$4,386,177
Net Assets
$4,330,371
Notable Sources of Revenue Percent of Total Revenue
Contributions $4,892,346
92.3%
Program Services $410,000
7.7%
Investment Income $975
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $4,331,571
Total Liabilities $1,200
Net Assets $4,330,371
Compensation
Key Employees and Officers Compensation Related Other
See Schedule O For (Additional Information On Compensation) $0 $0 $0
Dr James R Ramsey (Chairman) $0 $2,428,886 $362,500
Vickie Yates Brown Glisson (President) $0 $334,184 $0
Ulysses L Bridgeman Jr (Director) $0 $0 $0
Sam Rechter (Director) $0 $0 $0
David Dunn Md (Vice President) $0 $0 $0
William M Pierce Jr Ph D (Vice President) $0 $0 $0
Shirley C Willihnganz Ph D (Executive Vice President) $0 $1,130,410 $0
Burt J Deutsch (Vice Chair) $0 $0 $0
Kathleen M Smith (Secretary) $0 $675,848 $183,333
Richard J Tomlinson (Cfo And Assistant Treasurer) $0 $232,414 $0

Document Links

Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$726,961
Expenses
$8,274
Net Income
$718,687
Net Assets
$8,716,548
Notable Sources of Revenue Percent of Total Revenue
Contributions $460,269
63.3%
Program Services $265,125
36.5%
Investment Income $1,567
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $8,716,548
Total Liabilities $0
Net Assets $8,716,548

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$10,630,550
Expenses
$3,944,331
Net Income
$6,686,219
Net Assets
$7,997,861
Notable Sources of Revenue Percent of Total Revenue
Contributions $10,158,770
95.6%
Program Services $444,500
4.2%
Investment Income $8,510
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $18,770
0.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $7,997,861
Total Liabilities $0
Net Assets $7,997,861
Compensation
Key Employees and Officers Compensation Related Other
Burt J Deutsch (Vice Chair) $0 $38,475 $0
Dr James R Ramsey (Chairman) $0 $1,339,246 $520,833
Vickie Yates Brown (President) $0 $346,646 $37,275
Dr Shirley Willihnganz (Director) $0 $461,891 $187,500
J Chester Porter (Director) $0 $0 $0
Sam Rechter (Director) $0 $0 $0
Ulysses L Bridgeman Jr (Director) $0 $0 $0
Dr David Dunn (Vice President) $0 $0 $0
Dr William Pierce (Vice President) $0 $84,651 $0
Kathleen M Smith (Secretary) $0 $304,948 $13,283
Michael J Curtin (Treasurer (Thru Sep. 2013)) $0 $167,539 $5,408

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$983,351
Expenses
$0
Net Income
$983,351
Net Assets
$1,361,845
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $208,002
21.2%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $775,349
78.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,361,845
Total Liabilities $0
Net Assets $1,361,845

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$0
Expenses
$0
Net Income
$0
Net Assets
$1
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $1
Total Liabilities $0
Net Assets $1

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2001

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »