Civic Intelligence

Goshen Hospital Association Inc

EIN 35-6001540 • 501(c)3 • Goshen, IN

Profile

The mission of iu health goshen hospital is to improve the health of our communities by providing innovative, outstanding care and services, through exceptional people doing exceptional work.

Refreshing map…

200 High Park AvenueGoshen, IN 46526

www.iuhealth.org/GOSHEN

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

50th percentile

0.29x

Higher debt load relative to assets than 50% of similar nonprofits.

501(c)3 • $250M-$1B nonprofits • Source year 2024

Liabilities / Revenue

46th percentile

0.42x

Higher debt load relative to revenue than 46% of similar nonprofits.

501(c)3 • $250M-$1B nonprofits • Source year 2024

Net Margin

15th percentile

-8.3%

Higher net margin than 15% of similar nonprofits.

501(c)3 • $250M-$1B nonprofits • Source year 2024

Top Officer Pay

68th percentile

$1,327,232

Higher top officer pay than 68% of similar nonprofits.

Top officer pay equals 0.5% of source-year revenue.

501(c)3 • $250M-$1B nonprofits • Source year 2024

Asset Growth

5th percentile

-14%

Faster asset growth than 5% of similar nonprofits.

501(c)3 • $250M-$1B nonprofits • Annualized from 2023 to 2024

Revenue Growth

33rd percentile

4.2%

Faster revenue growth than 33% of similar nonprofits.

501(c)3 • $250M-$1B nonprofits • Annualized from 2023 to 2024

Assets

Down

$412,894,617

Down $67,530,342 (-14%) from 2023

Liabilities

Down

$119,384,802

Down $50,147,088 (-30%) from 2023

Net Assets

Down

$293,509,815

Down $17,383,254 (-5.6%) from 2023

Revenue

Up

$284,096,533

Up $11,343,025 (+4.2%) from 2023

Expenses

Up

$307,741,612

Up $11,543,444 (+3.9%) from 2023

Net Income

Down

-$23,645,079

Down $200,419 (-0.9%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$600M$400M$200M$0Assets 2010: $196,983,221Liabilities 2010: $66,823,409Net Assets 2010: $130,159,8122010Assets 2011: $207,700,119Liabilities 2011: $69,536,171Net Assets 2011: $138,163,9482011Assets 2012: $253,624,903Liabilities 2012: $68,217,308Net Assets 2012: $185,407,5952012Assets 2013: $284,452,212Liabilities 2013: $59,029,069Net Assets 2013: $225,423,1432013Assets 2014: $318,785,001Liabilities 2014: $53,785,347Net Assets 2014: $264,999,6542014Assets 2015: $334,905,201Liabilities 2015: $49,391,038Net Assets 2015: $285,514,1632015Assets 2016: $355,806,978Liabilities 2016: $60,182,655Net Assets 2016: $295,624,3232016Assets 2017: $392,614,896Liabilities 2017: $60,723,012Net Assets 2017: $331,891,8842017Assets 2018: $397,389,469Liabilities 2018: $64,841,070Net Assets 2018: $332,548,3992018Assets 2019: $485,116,293Liabilities 2019: $124,521,718Net Assets 2019: $360,594,5752019Assets 2020: $540,424,850Liabilities 2020: $139,430,343Net Assets 2020: $400,994,5072020Assets 2021: $566,570,613Liabilities 2021: $141,588,273Net Assets 2021: $424,982,3402021Assets 2022: $467,057,367Liabilities 2022: $139,652,427Net Assets 2022: $327,404,9402022Assets 2023: $480,424,959Liabilities 2023: $169,531,890Net Assets 2023: $310,893,0692023Assets 2024: $412,894,617Liabilities 2024: $119,384,802Net Assets 2024: $293,509,8152024

Highlighted filing

2024

Assets$412,894,617
Liabilities$119,384,802
Net Assets$293,509,815

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$400M$300M$200M$100M$0-$100MExpenses 2010: $174,716,3082010Expenses 2011: $195,096,1892011Expenses 2012: $187,471,4042012Revenue 2013: $216,944,139Expenses 2013: $186,845,740Net Income 2013: $30,098,3992013Revenue 2014: $228,546,670Expenses 2014: $191,920,815Net Income 2014: $36,625,8552014Revenue 2015: $228,300,859Expenses 2015: $197,973,450Net Income 2015: $30,327,4092015Revenue 2016: $235,239,687Expenses 2016: $218,244,372Net Income 2016: $16,995,3152016Revenue 2017: $261,289,162Expenses 2017: $239,078,711Net Income 2017: $22,210,4512017Revenue 2018: $281,570,445Expenses 2018: $254,185,013Net Income 2018: $27,385,4322018Revenue 2019: $270,292,644Expenses 2019: $272,450,059Net Income 2019: -$2,157,4152019Revenue 2020: $277,211,389Expenses 2020: $262,263,741Net Income 2020: $14,947,6482020Revenue 2021: $278,345,212Expenses 2021: $273,666,069Net Income 2021: $4,679,1432021Revenue 2022: $304,789,091Expenses 2022: $310,672,316Net Income 2022: -$5,883,2252022Revenue 2023: $272,753,508Expenses 2023: $296,198,168Net Income 2023: -$23,444,6602023Revenue 2024: $284,096,533Expenses 2024: $307,741,612Net Income 2024: -$23,645,0792024

Highlighted filing

2024

Revenue$284,096,533
Expenses$307,741,612
Net Income-$23,645,079

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$413$119$294$284$308$23.6
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$480$170$311$273$296$23.4
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$467$140$327$305$311$5.88
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$567$142$425$278$274$4.68
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$540$139$401$277$262$14.9
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$485$125$361$270$272$2.16
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$397$64.8$333$282$254$27.4
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$393$60.7$332$261$239$22.2
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$356$60.2$296$235$218$17.0
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$335$49.4$286$228$198$30.3
2014Detailed filing. Detailed filing data is available for this year.$319$53.8$265$229$192$36.6
2013Detailed filing. Detailed filing data is available for this year.$284$59.0$225$217$187$30.1
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$254$68.2$185$187
2011XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$208$69.5$138$195
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$197$66.8$130$175
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 10, 2025
Return Version
2024v5.2
Gross Receipts
$443,630,056
Mission and Program Overview

Mission

The mission of Goshen Hospital is to improve the health of our communities by providing innovative, outstanding care and service, through exceptional people doing exceptional work.

To improve the health of our communities by providing innovative, outstanding care and services.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$190,476,010$182,684,122▼ $7,791,888
Investments in Publicly Traded Securities$190,392,144$157,707,520▼ $32,684,624
Accounts Receivable$32,655,226$32,655,592▲ $366
Prepaid Expenses and Deferred Charges$18,597,072$12,361,507▼ $6,235,565
Inventories for Sale or Use$8,944,698$10,112,280▲ $1,167,582
Savings and Temporary Cash Investments$3,597,665$3,535,749▼ $61,916
Cash and Non-Interest-Bearing Accounts$1,051,648$3,326,871▲ $2,275,223
Total Assets$480,424,959$412,894,617▼ $67,530,342
Other Assets Total$34,710,496$10,510,976▼ $24,199,520
Liabilities
Tax Exempt Bond Liabilities$73,426,201$73,046,048▼ $380,153
Accounts Payable and Accrued Expenses$65,556,439$33,048,667▼ $32,507,772
Mortgage Notes Payable Secured by Investment Property$13,158,943$0▼ $13,158,943
Other Liabilities$13,532,806$11,337,883▼ $2,194,923
Unsecured Notes Loans Payable$3,857,501$1,952,204▼ $1,905,297
Total Liabilities$169,531,890$119,384,802▼ $50,147,088
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$310,893,069$293,509,815▼ $17,383,254
Total Net Assets Fund Balance$310,893,069$293,509,815▼ $17,383,254
Total Liabilities and Net Assets / Fund Balance$480,424,959$412,894,617▼ $67,530,342

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$121,651,395$66,172,521$187,823,916
Equipment$45,793,209$121,942,886$167,736,095
Land$11,258,852-$6,307,076
Other Land Buildings$3,926,898-$3,926,898
Leasehold Improvements$53,768$141,322$36,948
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Randal ChristophelPresident and CEOFT$716,475$483,513$1,199,988
Margaret S FrangerVP of Population Health & Bus Develp.FT$662,557$74,741$737,298
Margaret S FrangerVP of Population Health & Bus Develp-$396,060$341,238$737,298
Daniel Nafziger MDChief Medical OfficerFT$474,502$202,231$676,733
Chris Hutfless Chief LegalHR & Compliance OfficerFT$419,840$193,343$613,183
Lisa M WineChief Financial OfficerFT$421,169$190,306$611,475
Mark PodgorskiVP of Hospital OperationsFT$289,987$177,310$467,297
Julie CrossleyChief Nursing OfficerFT$276,991$170,104$447,095
Rob MyersFormer Chief Operating Officer-$244,796$244,796$244,796

Board Members and Trustees

NameTitle
Susan Stiffney RNChair
Jewel YoderVice Chair/Secretary/Treasurer
Adrian AguilarDirector
Andrew Vorhis NPDirector
Bonita SchrockDirector
Brittany Kauffman MDDirector
Karen PletcherDirector
Karen SmithDirector
Liliana QuinteroDirector
Matt Wells MDDirector
Sharrell Gibson MDDirector
Randy CripeDirector (until 12/2024)
Bolanle Adepoju MDDirector and Physician
Houman Vaghefi MDPhysician
Irina Sparks MDPhysician
Katarina Leckova MDPhysician
Sharmila Roy Chowdhury MDPhysician
Urs Von Holzen MDPhysician

Highest Paid Contractors

ContractorServicesLocationCompensation
Quest DiagnosticsDiagnostic ServicesPO Box 775460, Chicago, IL 60677$3,470,293
Hagerman IncConstruction510 W Washington Blvd, Ft Wayne, IN 46802$3,255,248
Southeast Anesthesiologists PCMedical Services450 East 96th Street Ste 200, Pittsburgh, PA 15251$2,076,440
Apogee Medical ManagementMedical Management15059 N Scottsdale Rd Ste 600, Scottsdale, AZ 85254$1,752,650
GE Precision HealthcareMedical Services9900 W Innovation Dr, Wauwatosa, WI 53226$1,702,761
Revenue and Support

Revenue Composition

Contributions and Grants
$2,358,402
Program Service Revenue
$264,377,989
Investment Income
$10,754,416
Other Revenue
$6,605,726
Change in Net Assets
$-23,645,079
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$163,996,300
Salaries, Compensation, and Employee Benefits$116,783,802
Grants and Similar Amounts Paid$26,961,510
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$76,274,554$7,535,217-$83,809,771
Grants to Domestic Orgs$26,961,510--$26,961,510
Fees for Services Other$25,294,201--$25,294,201
Other Employee Benefits$17,471,066$2,276,227-$19,747,293
Depreciation Depletion$16,493,707--$16,493,707
Payroll Taxes$5,241,317$682,868-$5,924,185
All Other Expenses$4,462,713--$4,462,713
Current Officers, Directors, Trustees, and Key Employees$1,485,719$2,595,822-$4,081,541
Fees for Services Management-$3,458,682-$3,458,682
Pension Plan Contributions$2,849,733$371,279-$3,221,012
Occupancy$3,171,829--$3,171,829
Office Expenses$3,068,391--$3,068,391
Insurance$2,711,672--$2,711,672
Interest-$2,514,660-$2,514,660
Advertising$2,425,174--$2,425,174
Other Expenses$1,222,636--$1,222,636
Information Technology$1,017,883--$1,017,883
Travel$475,824--$475,824
Fees for Service Investment Mgmnt Fees-$396,130-$396,130
Fees for Services Accounting-$331,604-$331,604
Fees for Services Legal-$137,964-$137,964
Total Functional Expenses$287,441,159$20,300,453$0$307,741,612
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Goshen Health System IncGoshen, IN501(c)(3)Operating Support$26,602,920
Goshen Health Foundation IncGoshen, IN501(c)(3)Operating Support$358,590
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liability$9,484,851
Claims Liability$1,330,032
Due to Third-Party Payor$300,000
Deferred Malpractice$223,000

Bond Issues

BondIssuerIssuedIssue PricePurpose
AIndiana Finance Authority - 2019A2019-07-31$50,630,944Campus improvement project
BIndiana Finance Authority - 2019B2019-07-31$25,360,000Campus improvement project

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$50,630,944--$628,854
B$25,360,000--$359,751

Bond Financing Compliance

No rebate due
No
Rebate not yet due
Yes
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 2

The following officers, board members, and key employees are employees of Goshen Hospital or its related organizations, and serve on other related taxable boards: Randal Christophel, Chris Hutfless, and Lisa M. Wine.

Form 990, Part VI, Section A, line 6

The sole member of Goshen Hospital Association, Inc. is Goshen Health System, Inc. an Indiana not-for-profit corporation that serves as the corporate parent of the health system.

Form 990, Part VI, Section A, line 7A

Goshen Health System, Inc., a section 501(c)(3) exempt organization and the parent of the exempt healthcare system, is the sole corporate member of the filing organization. Directors shall be appointed as provided in the Bylaws by the member to a term as designated at the time of appointment.

Form 990, Part VI, Section B, line 11B

A full copy of the Form 990 is provided to the board of directors and the audit committee in November for review and questions before the return is filed with the IRS.

Form 990, Part VI, Section B, line 12C

Each board member completes an annual disclosure of known or potential conflicts. Each disclosure is reviewed by the VP-legal. Additionally when agenda items are discussed at meetings it is asked if there are any known or potential conflicts of interest, and conflicted parties must recuse themselves.

Form 990, Part VI, Section B, line 15

An independent committee approves the compensation which is determined to be reasonable based upon independent comparability data provided by an independent consultant. Approval of amounts are documented in the minutes.

Form 990, Part VI, Section C, line 19

Goshen Hospital will provide any documents open to public inspection upon request for the same period of disclosure as set forth in IRC Section 6104(d).

Filing and Contact Details

Filer

Filer Name
Goshen Hospital Association Inc
EIN
35-6001540
Phone
5743642665
Address
200 High Park Avenue, Goshen, IN 46526
Doing Business As
Goshen Hospital

Signing Officer

Name
Lisa M Wine
Title
CFO
Phone
5743642665
Signed
2025-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Randal Christophel
Formed
1946
Legal Domicile
In
Voting Board Members
13
Independent Board Members
7
Employees
1,705
Volunteers
159

Preparer

Firm
Rsm US Llp
Address
30 South Wacker Dr Suite 3300, Chicago, IL 60606-3392
Preparer
Rebekuh Eley
Phone
3126343400
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4A, Program Service Description:

The mission of Goshen Hospital is to improve the health of our communities by providing innovative, outstanding care and service, through exceptional people doing exceptional work. The hospital's values include: -Compassion - and commitment to service with empathy. -Accountability - with integrity and action. -Respect - through treating others as you wish to be treated. -Excellence - in all we do. The organization created the current three-year strategic plan during 2022 to run from 1/1/2023 through 12/31/2025. The current strategic priorities are as follows: 1. Growth of Key Service Lines 2. Timely and Efficient Access to Services 3. Recruitment and Retention of Colleagues and Providers 4. Clinical Quality 5. Partnerships with Insurers and Employers As a community hospital, Goshen Hospital is dedicated to meeting the specific health care needs of our communities. As a community leader, the hospital is committed to providing care in an innovating and dynamic environment. The hospital has 105 patient beds and over 275 physicians on its medical staff in 30 specialties. These physicians, together with other dedicated professionals, provide a wide range of services including the following: acute medical & surgical, emergency, home health, radiology, laboratory, cancer care, bariatrics, women's health, pain management, sleep studies, rehabilitation, patient and community health education and professional education. The American Nurses Credentialing Center's (ANCC) magnet recognition program for excellence in nursing services has designated Goshen Hospital as a magnet hospital since 2004. Designated hospitals have successfully created a work environment that nurses find both personally and professionally rewarding, advancing the practice of nursing and improving patient outcomes. Research shows that magnet hospitals are more effective at attracting and keeping quality nurses. Goshen Hospital received its 5th magnet designation in 2024 and the first designation with distinction. The distinction honor for nursing excellence was created in 2022 to provide additional recognition for the highest-performing magnet organizations. The Goshen Center for Cancer Care is accredited by the Commission on Cancer (COC). Receiving care at a COC-approved center for cancer care assures that patients will have access to: -quality care close to home. -comprehensive care offering a range of state-of-the art services and equipment. -a multidisciplinary team approach to coordinate the best treatment options available to cancer patients. -participation in cancer clinical trials, education and support. -lifelong patient follow-up through a cancer registry that collects data on type and stage of cancers and treatment results. -ongoing monitoring and improvement in care. The Center for Cancer Care is a leader in innovative cancer treatment. We were among the first to adopt a comprehensive, multidisciplinary approach to cancer treatment. We offer holistic programs for strengthening minds as well as bodies, place a premium on family involvement and spiritual needs, and encourage patients to play a decision-making role in treatment selection. The Center for Cancer Care has specifically trained surgical oncologists, breast surgeons, medical oncologist, radiation oncologist, naturopathic practitioners and highly distinguished magnet designated nurses. Goshen Hospital improves the health and well-being of its communities by providing community wellness and education programs. Through local partnerships, the hospital identifies health issues and creates programs to ensure our community is the healthiest place to live, work and raise a family. The first of these programs cover CPR, EMS, diabetes, childbirth, fitness, nutrition, community education and health screenings the Elkhart County childhood obesity initiative. The CPR class is for anyone - professionals or private citizens - who want to know how to perform life-saving cardiopulmonary resuscitation; first aid cl

Form 990, Part XI, line 9:

Equity Transfer -2,549,692. Net assets released from restrictions for capital improvements 2,193,746.

Financial Statement Notes

Part X, Line 2:

The Internal Revenue Service has determined that Goshen Health and certain affiliated entities are tax-exempt organizations as defined in Section 501(c)(3) of the Internal Revenue Code. Certain subsidiaries of Goshen Health are taxable entities, the tax expense and liabilities of which are not material to the consolidated financial statements. Goshen Health and its tax-exempt affiliated entities each file a Form 990 (Return of Organization Exempt from Income Tax) annually. When these returns are filed, it is highly certain that some positions taken would be sustained upon examination by the taxing authorities, while others are subject to uncertainty about the merits of the position taken or the amount of the position that would ultimately be sustained. Examples of tax positions common to health systems include such matters as the tax-exempt status of each entity, the continued tax-exempt status of bonds, the nature, characterization and taxability of joint venture income, and various positions relating to potential sources of unrelated business taxable income (reported on Form 990-T). As of December 31, 2024 and 2023, there are no unrecognized tax benefits resulting from uncertain tax positions. Forms 990 and 990-T filed by Goshen Health and its tax-exempt affiliated entities are subject to examination by the Internal Revenue Service up to three years from the extended due date of each return. Forms 990 and 990-T filed by Goshen Health and its tax-exempt affiliated entities are no longer subject to examination for tax year 2021 and prior.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0President and CEO
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IRS990/Form990PartVIISectionAGrp/TitleTxt14Chief Financial Officer
IRS990/Form990PartVIISectionAGrp/TitleTxt15HR & Compliance Officer
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IRS990/Form990PartVIISectionAGrp/TitleTxt18VP of Hospital Operations
IRS990/Form990PartVIISectionAGrp/TitleTxt19Chief Nursing Officer
IRS990/Form990PartVIISectionAGrp/TitleTxt20Physician
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IRS990/MissionDesc0The mission of Goshen Hospital is to improve the health of our communities by providing innovative, outstanding care and service, through exceptional people doing exceptional work.

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