2024-05-07T12:56:21-05:00 2023-06-30 882730877 CHERRY BEKAERT ADVISORY LLC 101 SOUTH 5TH STREET STE 2100 LOUISVILLE KY 40202 990 2022-07-01 616052378 KY HOSPITAL RESEARCH & EDUCATION FOUNDATION INC KYHO 5024266220 2501 NELSON MILLER PARKWAY LOUISVILLE KY 40223 APRIL SMITH CFO 5024266220 2024-05-01 1 APRIL SMITH 999009999 0 ANNAMARIE REILLY CPA P00431897 8885871719 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z NANCY GALVAGNI 2501 NELSON MILLER PARKWAY LOUISVILLE KY 40223 7308127 0 X WWW.KYHA.COM X 1968 KY TO PROVIDE CHARITABLE HEALTHCARE RESEARCH AND EDUCATIONAL ACTIVITIES FOR KY HOSPITALS. 8 7 0 7 0 0 14105022 7084539 143107 159106 30556 53380 0 0 14278685 7297025 8243990 286662 0 0 0 0 0 0 0 5690015 7144598 13934005 7431260 344680 -134235 6945255 12786089 4864841 10786470 2080414 1999619 X TO PROVIDE CHARITABLE AND EDUCATION ACTIVITIES TO FOSTER THE IMPROVEMENT OF THE HEALTH OF THE PEOPLE OF KENTUCKY THROUGH EDUCATIONAL PROGRAMS DESIGNED TO IMPROVE THE KNOWLEDGE OF HEALTHCARE EMPLOYEES; TO ESTABLISH COLLABORATIVES TO ENHANCE THE PREPAREDNESS OF KENTUCKY HOSPITALS AND OTHER HEALTH CARE ORGANIZATIONS IN RESPONDING TO DISASTERS, EMERGENCIES AND TRAUMA; TO SUPPORT THE ADVANCEMENT OF CRITICAL ACCESS AND SMALL RURAL HOSPITALS TO IMPROVE QUALITY OF CARE AND FINANCIAL VIABILITY; TO IDENTIFY HEALTH CARE WORKFORCE SHORTAGES AREAS AND TO ESTABLISH COLLABORATIVES AMONG HOSPITALS TO ADDRESS INFECTION PREVENTION/CONTROL ISSUES. 0 0 4892592 ADMINISTER KENTUCKY'S HOSPITAL AND DISASTER PREPAREDNESS ACTIVITIES INCLUDING EDUCATION AND TRAINING FOR HOSPITALS, HEALTH DEPARTMENTS, AND OTHER COMMUNITY HEALTH SERVICES EMPLOYEES RELATED TO EMERGENCY PREPAREDNESS IN KENTUCKY. COORDINATE PURCHASE OF EMERGENCY ANDDISASTER PREPAREDNESS EQUIPMENT AND EMERGENCY COMMUNICATIONS WITH KENTUCKY'S EMERGENCY MEDICAL SERVICES REGIONS. 1196302 0 0 KY HOSPITAL RESEARCH & EDUCATION FOUNDATION (KHREF) WILL PROVIDE RESOURCES AND LEAD THE EFFORT FOR KENTUCKY HOSPITALS TO ADOPT THE HIGHEST LEVEL OF QUALITY AND HARM AVOIDANCE THAT FITS WITHIN THE KHA MISSION OF SUSTAINING AND IMPROVING THE HEALTH STATUS OF THE CITIZENS OF KENTUCKY. KHREF SEEKS TO EXPAND AND SUSTAIN A COMPREHENSIVE, EQUITABLE APPROACH TO ADDRESS ALL AVOIDABLE PATIENT HARM AND PROMOTE THE HIGHEST POSSIBLE HEALTH STATUS FOR ALL INDIVIDUALS THROUGHOUT KENTUCKY. 414900 0 0 KY HOSPITAL RESEARCH & EDUCATION FOUNDATION (KHREF) WILL PROVIDE RESOURCES AND LEAD THE EFFORT FOR KENTUCKY HOSPITALS TO ADOPT THE HIGHEST LEVEL OF OPIOID STEWARDSHIP PERFORMANCE THAT FITS WITHIN THE KHA MISSION OF SUSTAINING AND IMPROVING THE HEALTH STATUS OF THE CITIZENS OF KENTUCKY. KHREF SEEKS TO EXPAND AND SUSTAIN A COMPREHENSIVE, EQUITABLE RECOVERY-ORIENTED SYSTEM OF CARE TO ADDRESS OPIOID USE DISORDER (OUD) AND STIMULANT USE DISORDER (SUD) FOR ALL INDIVIDUALS THROUGHOUT KENTUCKY. 674785 286662 159106 FORM 990, PART III, LINE 4D, OTHER PROGRAM SERVICES:ADMINISTER THE US DEPARTMENT OF HEALTH AND HUMAN SERVICES' ASPR COVID GRANT TO REIMBURSE HOSPITALS' COVID RELATED EXPENSES.PROVIDE EDUCATIONAL PROGRAMMING FOR HOSPITAL PERSONNEL IN THE AREAS OF COMPLIANCE, QUALITY, ACCREDITATION STANDARDS, AND MANAGEMENT TRAINING. 674785 286662 159106 7178579 1 1 0 0 0 0 0 0 1 0 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 29 0 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 8 7 0 1 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 0 0 0 KY X APRIL SMITH VICE PRESIDENTFINANCE 5024266220 2501 NELSON MILLER PARKWAY LOUISVILLE KY 40223 NANCY GALVAGNI PRESIDENT 1.00 39.00 X X 0 784477 41917 APRIL SMITH CHIEF FINANCIAL OFFICER 6.80 33.20 X 0 171846 30767 JONATHAN COPLEY SENIOR VICE PRESIDENT 4.00 20.00 X 0 175546 19411 GARREN COLVIN DIRECTOR 0.60 0.30 X 0 600 0 MIKE SHERROD DIRECTOR 0.60 1.00 X 0 600 0 DONALD LLOYD LEGISLATIVE CHAIR 0.60 0.30 X X 0 600 0 DONOVAN BLACKBURN DIRECTOR 0.60 0.30 X 0 500 0 GERARD COLMAN DIRECTOR 0.60 0.30 X 0 500 0 MARK BIRDWHISTELL TREASURER, TERM BEGAN 02/23 0.60 1.00 X X 0 500 0 MARK NEWMAN TREASURER, TERM ENDED 02/23 0.60 1.00 X X 0 500 0 KATHY STUMBO CHAIR 0.60 1.00 X X 0 500 0 0 1136169 92095 0 0 1 0 480 SOMERSET KY LLC 100 PUBLIC SQUARE SOMERSET KY 42501 GENERAL PUBLIC WAREHOUSING 390000 BRUSHY FORK 4144 POSSUM TROT RD LEBURN KY 41831 GENERAL PUBLIC WAREHOUSING 198000 2 710034 5741016 633489 7084539 CONVENTION REVENUE 900099 93670 93670 EDUCATIONAL PROGRAMS 611710 65436 65436 159106 53903 53903 10579 11102 -523 -523 -523 7297025 159106 0 53380 283662 283662 3000 3000 1564841 1371385 193456 12214 12214 2432 2432 23040 21197 1843 10859 8470 2389 7200 6768 432 30771 29848 923 820448 781456 38992 HOSPITAL PREPAREDNESS P 4672296 4672296 MISCELLANEOUS 497 497 7431260 7178579 252681 0 1379122 7864499 840839 3012056 131703 207699 1592476 1700758 3001115 1077 6945255 12786089 629459 2865140 3940447 7595531 290287 315302 4648 10497 4864841 10786470 X 2080414 1999619 2080414 1999619 6945255 12786089 -134235 53440 0 X X 0 1 X 1 1 1 X 3226555 2844886 4376252 14105022 7084539 31637254 3226555 2844886 4376252 14105022 7084539 31637254 31637254 30793 61088 22889 31518 53903 200191 1785 1785 31839230 784453 0.99370 0.99370 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 0 AFFILIATES PAYABLE 10497 10497 X PART IV, LINE 2B: THE ORGANIZATION IS ACTING AS CUSTODIAN ON BEHALF OF THE KENTUCKY TRAUMA ADVISORY COMMISSION. PART X, LINE 2: KY HOSPITAL RESEARCH & EDUCATION FOUNDATION (KHREF) IS A NONPROFIT CORPORATION AS DEFINED BY THE INTERNAL REVENUE SERVICE AND, THEREFORE, IS NOT SUBJECT TO INCOME TAX, OTHER THAN FOR ANY UNRELATED BUSINESS INCOME. KHREF RECOGNIZES UNCERTAIN INCOME TAX POSITIONS USING THE "MORE-LIKELY-THAN-NOT" APPROACH AS DEFINED IN THE ASC. NO LIABILITY FOR UNCERTAIN TAX POSITIONS HAS BEEN RECORDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. 1 NORTON HEALTHCARE INC 200 E CHESTNUT ST LOUISVILLE KY 40202 610703799 501(C)(3) 123792 0 COVID-19 SUPPORT UOFL HEALTH - JEWISH HOSPITAL 200 ABRAHAM FLEXNER WAY LOUISVILLE KY 40202 843178470 501(C)(3) 35218 0 COVID-19 SUPPORT UOFL HEALTH - UOFL HOSPITAL 530 SOUTH JACKSON ST LOUISVILLE KY 40202 843178470 501(C)(3) 33561 0 COVID-19 SUPPORT UOFL HEALTH - MARY & ELIZABETH HOSPITAL 1850 BLUEGRASS AVE LOUISVILLE KY 40215 843178470 501(C)(3) 31105 0 COVID-19 SUPPORT UOFL HEALTH - SHELBYVILLE HOSPITAL 727 HOSPITAL DR SHELBYVILLE KY 40065 843196350 501(C)(3) 24593 0 COVID-19 SUPPORT PIKEVILLE MEDICAL CENTER INC 911 BYPASS RD PIKEVILLE KY 41501 610458376 501(C)(3) 16743 0 COVID-19 SUPPORT HARRISON MEMORIAL HOSPITAL 1210 KY HIGHWAY 36 E CYNTHIANA KY 41031 610420440 501(C)(3) 11030 0 COVID-19 SUPPORT CENTRAL STATE HOSPITAL 10510 LAGRANGE RD LOUISVILLE KY 40223 610600439 501(C)(3) 7620 0 COVID-19 SUPPORT 8 0 PART I, LINE 2: THE ORGANIZATION MAINTAINS RECORDS OF THE AMOUNT OF GRANTS THEY AWARD. THESE GRANTS/CONTRIBUTIONS ARE DISTRIBUTED TO HOSPITALS THROUGH THE FEDERAL COVID-19 SUPPORT GRANT (PASS THROUGH) FOLLOWING THE GUIDELINES DICTATED BY THE PROVISION OF THAT GRANT. HOSPITALS RECEIVING THE COVID-19 SUPPORT GRANT HAVE SUBMITTED DOCUMENTATION TO WARRANT REIMBURSEMENT UNDER THE GRANT GUIDELINES. 0 0 0 0 0 0 0 0 0 NANCY GALVAGNI PRESIDENT 0 577006 0 186558 0 20913 0 19825 0 22092 0 826394 0 0 APRIL SMITH CHIEF FINANCIAL OFFICER 0 151261 0 20208 0 377 0 12922 0 17845 0 202613 0 0 JONATHAN COPLEY SENIOR VICE PRESIDENT 0 174972 0 206 0 368 0 5930 0 13481 0 194957 0 0 PART I, LINE 3: THE ORGANIZATION RELIED ON A RELATED ORGANIZATION THAT USED THE METHODS DESCRIBED BELOW TO ESTABLISH THE TOP MANAGEMENT OFFICIAL'S COMPENSATION: - INDEPENDENT COMPENSATION CONSULTANT - APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE - WRITTEN EMPLOYMENT CONTRACT - COMPENSATION SURVEY OR STUDY FORM 990, PART VI, SECTION A, LINE 3 CONTROL OVER MANAGEMENT DUTIES WERE DELEGATED TO KENTUCKY HOSPITAL ASSOCIATION. FORM 990, PART VI, SECTION A, LINE 8B KHREF DOES NOT HAVE COMMITTEES; THEREFORE, THERE ARE NO COMMITTEE MEETINGS TO DOCUMENT. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT OF THE RETURN IS REVIEWED FIRST BY INTERNAL MANAGEMENT. AFTER INTERNAL MANAGEMENT HAS REVIEWED THE RETURN AND ANY CHANGES ARE MADE, A COPY IS MADE AVAILABLE TO THE BOARD FOR REVIEW AND APPROVAL OF FORM 990 PRIOR TO ITS FILING. FORM 990, PART VI, SECTION B, LINE 12C STATEMENTS ARE REVIEWED BY THE COMPLIANCE OFFICER AND A STATEMENT IS INCLUDED ON THE AGENDA FOR BOARD MEETINGS REMINDING MEMBERS OF THE CONFLICT OF INTEREST POLICY AND THE NEED TO DISCLOSE CONFLICTS AT THE TIME CONFLICTS ARISE. IF THE DISCLOSURE FORM REVEALS A SIGNIFICANT FINANCIAL INTEREST, IT WILL BE REVIEWED PROMPTLY BY THE INSTITUTIONAL OFFICIAL OR DESIGNEE FOR A DETERMINATION OF WHETHER IT CONSTITUTES A FINANCIAL CONFLICT OF INTEREST. IF A FINANCIAL CONFLICT OF INTEREST EXISTS, THE INSTITUTIONAL OFFICIAL WILL TAKE ACTION TO MANAGE THE FINANCIAL CONFLICT OF INTEREST INCLUDING THE REDUCTION OR ELIMINATION OF THE CONFLICT, AS APPROPRIATE. FORM 990, PART VI, SECTION B, LINE 15 KHREF DOES NOT HAVE EMPLOYEES. TIME OF KHA EMPLOYEES IS ALLOCATED AS NEEDED TO KHREF. KHA DOES HAVE A DEFINED PROCESS FOR REVIEW AND APPROVAL OF COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. FORM 990, PAGE 12, PART XII LINE 2C: THERE WAS NO CHANGE IN THE OVERSIGHT PROCESS OR SELECTION PROCESS OF THE INDEPENDENT AUDITOR FROM PRIOR YEAR. KENTUCKY HOSPITAL RESEARCH & EDUCATION FOUNDATION CONTINUES TO BE AUDITED AS PART OF KENTUCKY HOSPITAL ASSOCIATION CONSOLIDATED GROUP. KENTUCKY HOSPITAL RESEARCH & EDUCATION FOUNDATION IS STILL INCLUDED IN THE KENTUCKY HOSPITAL ASSOCIATION AND SUBSIDIARIES CONSOLIDATED FINANCIAL STATEMENTS. THE ORGANIZATION STILL HAS AN AUDIT/FINANCE COMMITTEE THAT OVERSEES THE AUDIT OF THE FINANCIAL STATEMENTS AND THE SELECTION OF THE INDEPENDENT AUDITOR. KENTUCKY HOSPITAL ASSOCIATION 2501 NELSON MILLER PARKWAY LOUISVILLE KY 40223 610574577 REPRESENTING ITS MEMBER HOSPITALS KY 501(C)(6) N/A N/A 0 KENTUCKY INSTITUTE FOR PATIENT SAFETY AND QUALITY INC 2501 NELSON MILLER PARKWAY LOUISVILLE KY 40223 264657040 EDUCATING ORGANIZATIONS ON PATIENT SAFETY KY 501(C)(3) LINE 10 KENTUCKY HOSPITAL ASSOCIATION INC 0 KENTUCKY HOSPITAL SERVICE COMPANY OF KY LLC 2501 NELSON MILLER PARKWAY LOUISVILLE KY 402232221 611004776 INSURANCE/RISK MANAGEMENT SERVICES KY N/A C 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 KENTUCKY HOSPITAL ASSOCIATION O 1033616 ALLOCATED TIME SHARED EMPLOYEES KENTUCKY HOSPITAL ASSOCIATION C 3400000 GRANT KENTUCKY HOSPITAL SERVICE COMPANY OF KENTUCKY LLC K 7200 ALLOCATION OF SPACE & EQUIP USE SCHEDULE R, PART V, LINE 2 DURING THE YEAR, THE ORGANIZATION RECEIVED A KHA QUALITY GRANT OF $3,400,000 FROM THE RELATED ENTITY KENTUCKY HOSPITAL ASSOCIATION. THE ORGANIZATION ALSO RECEIVED A KHA QUALITY GRANT OF $3,000,000 IN THE PRIOR YEAR. THE CASH HAS NOT ALL BEEN TRANSFERRED AND $5,689,966 OF THE GRANTS ARE BEING TREATED AS DEFERRED REVENUE UNTIL THE REMAINDER OF THE GRANT MONEY IS SPENT ON QUALITY INITIATIVES. AT THAT TIME THE REVENUE WILL BE RECOGNIZED. $710,034 HAS BEEN RECOGNIZED AS CURRENT YEAR REVENUE.