Nonprofit · EIN 85-3033915
OWENSBORO HEALTH TWIN LAKES REGIONAL MEDICAL CENTER INC
Tax-exempt · OWENSBORO, KY 42303
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| May 31, 2025 | 990 | $72,093,592 | $58,729,029 | $13,364,563 | $145,817,446 | $96,833,411 | $48,984,035 |
| May 31, 2024 | 990 | $73,294,481 | $58,639,106 | $14,655,375 | $140,520,348 | $104,900,876 | $35,619,472 |
| May 31, 2023 | 990 | $63,065,522 | $50,312,873 | $12,752,649 | $83,782,092 | $62,817,995 | $20,964,097 |
Financial details: 990 for the year ended May 31, 2025
Revenue
- Contributions, gifts and grants
- $55,134
- of which government grants
- $10,274
- Program service revenue
- $71,056,093
- Investment income
- $0
- Net rental income
- $518,190
- Net income from sales of inventory
- $97,215
- Other revenue
- $982,365
Expenses
- Grants and similar amounts paid
- $15,880
- Compensation of officers, directors and key employees
- $1,001,110
- Other salaries and wages
- $18,188,993
- Salaries, compensation and benefits (total)
- $24,555,172
- Professional fundraising fees
- $0
- Accounting fees
- $30,900
- Occupancy
- $1,076,816
- Travel
- $27,921
- Depreciation
- $3,335,924
- Program services (functional)
- $53,704,278
- Management and general (functional)
- $5,024,751
Balance sheet and other
- Total assets, start of year
- $140,520,348
- Total assets, end of year
- $145,817,446
- Total liabilities, end of year
- $96,833,411
- Net assets, end of year
- $48,984,035
- Land, buildings and equipment
- $32,891,905
- Net assets without donor restrictions
- $48,984,035
- Gross receipts
- $72,072,044
- Employees
- 456
- Volunteers
- 38
- Year formed
- 2020
- State of legal domicile
- KY
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended May 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| MARK MARSH | PRESIDENT AND CEO Trustee or director, Officer | 2 | $0 | $1,331,050 | $63,070 |
| RUSSELL S RANALLO | BOARD TREASURER, CHIEF FINANCIAL OFFICER Trustee or director, Officer | 2 | $0 | $609,034 | $95,325 |
| ASHLEY HERRINGTON | CEO - OHTLMC Officer | 45 | $370,083 | $0 | $50,802 |
| CATHY STEWART | VP PATIENT CARE SVCS AND CNO - OHTLMC Key employee | 45 | $243,090 | $0 | $80,714 |
| CATHERINE CLEMONS | VP OF OPERATIONS - OHTLMC Key employee | 45 | $232,919 | $0 | $23,502 |
| ANGELA M GIBSON | DIRECTOR OF PHARMACY Highest-paid employee | 50 | $187,247 | $0 | $18,386 |
| CHLOE ADAMS | CLINICAL PHARMACIST Highest-paid employee | 50 | $130,990 | $0 | $37,938 |
| TODD BULLOCK | NURSE PRACTITIONER Highest-paid employee | 50 | $143,976 | $0 | $17,757 |
| JEREMY NEWTON | MANAGER OF PHARMACY Highest-paid employee | 50 | $125,301 | $0 | $25,017 |
| LINSEY LOGSDON | MANAGER OF NURSING Highest-paid employee | 50 | $120,654 | $0 | $15,136 |
| GLENNA BLACK | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| LAURA CHAPMAN | BOARD CHAIRPERSON Trustee or director, Officer | 1 | $0 | $0 | $0 |
| CHRIS LOVE | BOARD MEMBER (TERMED 10/31/2024) Trustee or director | 1 | $0 | $0 | $0 |
| DONNA VANMETER | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| MATT HAYES | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
3 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHAEL SCHERM MD | BOARD MEMBER (EFFECTIVE 11/25/24) Trustee or director | 1 | $0 |
| SCOTT MAJORS | BOARD MEMBER Trustee or director | 1 | $0 |
| TISH CORREA OSBORNE | BOARD MEMBER Trustee or director | 1 | $0 |
990 for the year ended May 31, 2024: 22 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| MARK MARSH | PRESIDENT AND CEO Trustee or director, Officer | 2 | $0 | $1,233,951 | $54,815 |
| RUSSELL S RANALLO | BOARD TREASURER, CHIEF FINANCIAL OFFICER Trustee or director, Officer | 2 | $0 | $615,428 | $84,036 |
| ASHLEY HERRINGTON | CEO - OHTLMC Officer | 45 | $368,999 | $0 | $49,183 |
| CATHY STEWART | VP PATIENT CARE SVCS AND CNO - OHTLMC Key employee | 45 | $229,225 | $0 | $73,755 |
| CATHERINE CLEMONS | VP OF OPERATIONS - OHTLMC Key employee | 45 | $228,348 | $0 | $23,264 |
| ANGELA M GIBSON | DIRECTOR OF PHARMACY Highest-paid employee | 50 | $180,921 | $0 | $17,057 |
| CHLOE ADAMS | CLINICAL PHARMACIST Highest-paid employee | 50 | $125,629 | $0 | $36,654 |
| PHIL GIFFORD | MEDICAL TECHNOLOGIST Highest-paid employee | 45 | $134,712 | $0 | $17,088 |
| FELICIA SHEPHARD | REGISTERED NURSE - BSN Highest-paid employee | 45 | $134,145 | $0 | $13,208 |
| CATHERINE EARLEY | REGISTERED NURSE - BSN Highest-paid employee | 45 | $133,319 | $0 | $5,478 |
| GLENNA BLACK | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| LAURA CHAPMAN | BOARD CHAIRPERSON (EFFECTIVE 11/31/2023) Trustee or director, Officer | 1 | $0 | $0 | $0 |
| ROBERT FARMER | FORMER BOARD CHAIRPERSON (ENDED 11/1/2023) Trustee or director, Officer | 1 | $0 | $0 | $0 |
| VICKI STOGSDILL | BOARD SECRETARY (ENDED 10/31/2023) Trustee or director, Officer | 1 | $0 | $0 | $0 |
| CHRIS LOVE | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| dennis fentress | BOARD MEMBER (ENDED 10/31/2023) Trustee or director | 1 | $0 | $0 | $0 |
| DONNA VANMETER | BOARD MEMBER (EFFECTIVE 11/1/2023) Trustee or director | 1 | $0 | $0 | $0 |
| LARRY BRETT ABNEY OD | BOARD MEMBER (ENDED 11/27/2023) Trustee or director | 1 | $0 | $0 | $0 |
| MATT HAYES | BOARD MEMBER (EFFECTIVE 11/27/2023) Trustee or director | 1 | $0 | $0 | $0 |
| RYAN BRATCHER | BOARD MEMBER (ENDED 10/31/2023) Trustee or director | 1 | $0 | $0 | $0 |
| SCOTT MAJORS | BOARD MEMBER (EFFECTIVE 11/1/2023) Trustee or director | 1 | $0 | $0 | $0 |
| TISH OSBORNE | BOARD MEMBER (EFFECTIVE 11/1/2023) Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended May 31, 2023: 21 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| MARK MARSH | PRESIDENT AND CEO Trustee or director, Officer | 2 | $0 | $1,091,008 | $52,916 |
| GREG STRAHAN | FORMER PRESIDENT AND CEO (ENDED 08/06/21) Former | 0 | $0 | $1,117,560 | $0 |
| RUSSELL S RANALLO | BOARD TREASURER, CHIEF FINANCIAL OFFICER (EFFECTIVE 06/2022) Trustee or director, Officer | 2 | $0 | $609,738 | $48,534 |
| JEFFREY THOMAS | BOARD TREASURER, CFO (ENDED 06/13/2022) Trustee or director, Officer | 2 | $0 | $455,714 | $15,732 |
| JOHN HACKBARTH | FORMER BOARD SECRETARY, CFO (ENDED 08/06/2021) Former | 0 | $0 | $450,474 | $0 |
| ASHLEY HERRINGTON | CEO - OHTLMC Officer | 45 | $340,978 | $0 | $45,583 |
| CATHERINE CLEMONS | VP OF OPERATIONS - OHTLMC Key employee | 45 | $215,033 | $0 | $21,038 |
| CATHY STEWART | VP PATIENT CARE SVCS AND CNO - OHTLMC Key employee | 45 | $201,581 | $0 | $29,467 |
| ANGELA M GIBSON | DIRECTOR OF PHARMACY Highest-paid employee | 50 | $177,381 | $0 | $16,050 |
| BRITTANY N CLEMONS | DIR OF NURSG AND QLTY-PT SFTY Highest-paid employee | 50 | $133,761 | $0 | $24,195 |
| CHLOE ADAMS | CLINICAL PHARMACIST Highest-paid employee | 50 | $120,120 | $0 | $34,618 |
| JEREMY NEWTON | CLINICAL PHARMACIST Highest-paid employee | 50 | $122,252 | $0 | $22,561 |
| CATHERINE EARLEY | Registered Nurse - BSN Highest-paid employee | 45 | $130,539 | $0 | $4,723 |
| ROBERT FARMER | BOARD CHAIRPERSON Trustee or director, Officer | 1 | $0 | $0 | $0 |
| VICKI STOGSDILL | BOARD SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| CHRIS LOVE | BOARD MEMBER (EFFECTIVE 10/31/2022) Trustee or director | 1 | $0 | $0 | $0 |
| DENNIS FENTRESS | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| GAVIN ROBERTS | BOARD MEMBER (ENDED 10/31/2022) Trustee or director | 1 | $0 | $0 | $0 |
| GLENNA BLACK | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| LARRY BRETT ABNEY OD | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| RYAN BRATCHER | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1201 PLEASANT VALLEY RD, OWENSBORO, KY 42303-9811
- In care of
- % JEFFREY THOMAS
- Principal officer (990 for 2024)
- Russ Ranallo, 1201 Pleasant Valley Road, Owensboro, KY 42303
- Signed the 990
- Russ Ranallo, CFO
- Phone
- (270) 259-9400
- Website
- WWW.OWENSBOROHEALTH.ORG
- Return prepared by
- ERNST & YOUNG US LLP
Mission
OWENSBORO HEALTH TWIN LAKES MEDICAL CENTER EXISTS TO HEAL THE SICK AND TO IMPROVE THE HEALTH OF THE COMMUNITIES WE SERVE.
Program accomplishments
- OWENSBORO HEALTH TWIN LAKES MEDICAL CENTER ("OHTLMC") IS A 75 BED HOSPITAL BASED IN LEITCHFIELD, KY, ABOUT 65 MILES SOUTHEAST OF OWENSBORO. THE SERVICE AREA COMPRISES 115,000 PEOPLE FROM SIX COUNTIES: GRAYSON (PRIMARY), BRECKINRIDGE, OHIO, BUTLER, EDMONSON, HART, AND HARDIN. OWENSBORO HEALTH, INC. ("OH") WHOLLY OWNS AND CONTROLS OHTLMC AND IS NOT A MEMBER OF THE OBLIGATED GROUP. OHTLMC'S PRIMARY ACTIVITY CONSISTS OF PROVIDING MEDICAL AND PATIENT CARE SERVICES IN ITS MAIN HOSPITAL, SERVING SIX COUNTIES, IN SUPPORT OF OH. THE SOLE MEMBER OF OHTLMC IS OH. OUR MEDICAL SERVICES ARE DELIVERED BY HIGHLY SKILLED PHYSICIANS ALONG WITH A CARING AND COMPASSIONATE NURSING STAFF. IN MAY 2023, OHTLMC OPENED ITS NEW INPATIENT 12-BED GERIATRIC BEHAVIORAL HEALTH UNIT. THE UNIT IS SPECIFICALLY DESIGNED TO PROVIDE MENTAL HEALTH SERVICES FOR THE AGING POPULATION. THE GOAL IS TO HELP OLDER ADULTS EXPERIENCE LESS DISRUPTIVE BEHAVIORS AND SLOW THEIR RATE OF COGNITIVE DECLINE. FOR THE FISCAL YEAR 2025, OHTLMC HAD TOTAL ADMISSIONS OF 1,601, PATIENT DAYS OF 6,588 AND TOTAL ER VISITS OF 19,954. COST OF PARTICIPATING IN GOVERNMENT PROGRAMS: OHTLMC IS COMMITTED TO SERVING ALL PERSONS IN NEED, REGARDLESS OF RACE, CREED, SEX, NATIONALITY, RELIGION, DISABILITY, AGE OR ABILITY TO PAY. TO PROMOTE ACCESS TO CARE, OHTLMC PARTICIPATES IN THE FOLLOWING PUBLIC HEALTH PROGRAMS: MEDICAID, MEDICARE, TRICARE AND LOCAL HEALTH DEPARTMENTS. IN GENERAL, PAYMENTS FROM THESE PROGRAMS FREQUENTLY DO NOT COVER THE COSTS OHTLMC INCURS TO SERVE PROGRAM BENEFICIARIES. UNCOMPENSATED CARE AND FINANCIAL ASSISTANCE: OHTLMC PROVIDES MEDICAL CARE WITHOUT CHARGE OR AT REDUCED COST TO RESIDENTS OF THE COMMUNITIES THAT IT SERVES. OHTLMC'S FINANCIAL ASSISTANCE PROGRAM WAS ESTABLISHED TO ASSIST PATIENTS WHO DO NOT QUALIFY FOR MEDICAL ASSISTANCE PROGRAMS, LIKE MEDICAID, AND WHOSE ANNUAL INCOMES ARE AT OR BELOW CERTAIN PERCENTAGES OF THE FEDERAL POVERTY GUIDELINES. OHTLMC IS COMMITTED TO EXPANDING ITS PROGRAMS TO IMPROVE ACCESS TO HEALTH CARE IN THE AREAS IT SERVES, WHICH INCLUDE RURAL AND ECONOMICALLY DEPRESSED AREAS AND AREAS THAT LACK ADEQUATE NUMBERS OF PRIMARY CARE AND SPECIALTY PROVIDERS.Expenses $53,704,278 · grants $15,880 · revenue $71,109,609
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in May, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | May 31, 2026 | October 15, 2026 | Not on file |
| 2024 | May 31, 2025 | October 15, 2025 | 990 on file |
| 2023 | May 31, 2024 | October 15, 2024 | 990 on file |
IRS record
- EIN
- 85-3033915
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Hospital or medical research organization
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2021
- Accounting year ends
- May
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Health care (E22)
- Assets (IRS master file)
- $145,817,446
- Income (IRS master file)
- $72,072,044
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | May 2025 | $72,093,592 | $58,729,029 | $145,817,446 | XML |
| 990 | May 2024 | $73,294,481 | $58,639,106 | $140,520,348 | XML |
| 990 | May 2023 | $63,065,522 | $50,312,873 | $83,782,092 | XML |
| 990 | May 2022 | $56,278,932 | $48,430,350 | $55,501,629 | IRS |
| 990 | May 2021 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 85-3033915).
Questions about OWENSBORO HEALTH TWIN LAKES REGIONAL MEDICAL CENTER INC
- What is the EIN of OWENSBORO HEALTH TWIN LAKES REGIONAL MEDICAL CENTER INC?
- The employer identification number (EIN) of OWENSBORO HEALTH TWIN LAKES REGIONAL MEDICAL CENTER INC is 85-3033915.
- Is OWENSBORO HEALTH TWIN LAKES REGIONAL MEDICAL CENTER INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
- Are donations to OWENSBORO HEALTH TWIN LAKES REGIONAL MEDICAL CENTER INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does OWENSBORO HEALTH TWIN LAKES REGIONAL MEDICAL CENTER INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of OWENSBORO HEALTH TWIN LAKES REGIONAL MEDICAL CENTER INC due?
- The return for tax year 2025 (the year ending May 31, 2026) is due October 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did OWENSBORO HEALTH TWIN LAKES REGIONAL MEDICAL CENTER INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended May 2025.
- Who is the principal officer of OWENSBORO HEALTH TWIN LAKES REGIONAL MEDICAL CENTER INC?
- The 990 for the year ended May 31, 2025 names Russ Ranallo.
- Who are the officers and directors of OWENSBORO HEALTH TWIN LAKES REGIONAL MEDICAL CENTER INC?
- The 990 for the year ended May 31, 2025 lists 18 people; 8 received compensation from the organization.
- How much revenue does OWENSBORO HEALTH TWIN LAKES REGIONAL MEDICAL CENTER INC have?
- On its 990 for the year ended May 31, 2025 it reported revenue of $72,093,592, expenses of $58,729,029 and total assets of $145,817,446 at year end.
Other nonprofits in OWENSBORO
- OWENSBORO HEALTH REGIONAL HOSPITAL EIN 61-1286361 · last filed 990 for 2025
- OWENSBORO HEALTH MEDICAL GROUP INC EIN 61-1197638 · last filed 990 for 2025
- AUDUBON AREA COMMUNITY CARE CLINIC INC EIN 81-2631104 · last filed 990 for 2025
- WESTERN KENTUCKY REGIONAL BLOOD CENTER INC EIN 61-0930633 · last filed 990 for 2025
- OWENSBORO HEALTH FOUNDATION INC EIN 61-1251763 · last filed 990 for 2025
- PREGNANCY CENTER OF OWENSBORO EIN 20-0736119 · last filed 990 for 2025
- OWENSBORO-DAVIESS COUNTY REGIONAL DENTAL CLINIC INC EIN 26-2343126 · last filed 990 for 2025
- FAITHFUL FRIENDS KENTUCKY EIN 87-1159358 · last filed 990-N for 2025