Public Charity

HENRY COUNTY MEMORIAL HOSPITAL FOUNDATION

HENRY COUNTY MEMORIAL HOSPITAL FOUNDATION, of NEW CASTLE, IN, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $6.2M in revenue, $1.3M in expenses, $114.5M in total assets. 9 publicly reported grants to this organization, totaling roughly $137K, appear in IRS filings.

EIN: 356042246 NEW CASTLE, IN Single Organization Support NTEE: E11 Latest filing: 2025
Total Revenue$6.2M
Total Expenses$1.3M
Total Assets$114.5M
Grant Records9
Funding Total$137K
Filing Years2021–2025

Mission

CORPORATION HAS BEEN ORGANIZED TO AND OPERATES FOR THE USE AND BENEFIT OF THE HENRY COUNTY HOSPITAL, A COUNTY OWNED HOSPITAL IN NEW CASTLE, IN, AND OTHER FACILITIES AND SERVICES OPERATED AS NON-PROFITS THAT SERVE THE HEALTH CARE NEEDS OF THE CITIZENS OF HENRY COUNTY, IN.

Where $100 goes at Henry County Memorial Hospital Foundation

How Henry County Memorial Hospital Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 5 years.

$68 Programs the work itself
$32 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $68 for programs

$49
Direct support for hospital the foundation pays for physician recruitment expenses and for marketing & public relations expenses to attract, recruit and hire physicians needed to provide quality…
72% of program spending
$11
Scholarship awards, medical education-grant to ivy tech nursing program, medications for the needy, hospice, and other scholarships were awarded to 18 healthcare program undergraduate students
16% of program spending · Reported in the filing: 18 students
$8
Auxiliary program the foundation is involved in auxiliary programs for the benefit of others
12% of program spending

Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.

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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

PRESIDENT Brian Ring
TRUSTEE/COO Corrine Mcbride
TREASURER Darin Brown
TRUSTEE Dave Weimer
TRUSTEE David Barr Md
TRUSTEE Dr Nathan Rich

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$137,071 9 grants

Financial Trends

Year Revenue Expenses Assets
2025 $6.2M $1.3M $114.5M
2024 $3.3M $1.3M $105.5M
2023 $4.0M $1.4M $78.6M
2022 $2.9M $1.5M $69.6M
2021 $9.1M $1.2M $73.4M

Between 2021 and 2025, reported annual revenue declined from $9.1M to $6.2M (-32%), with total assets most recently reported at $114.5M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for HENRY COUNTY MEMORIAL HOSPITAL FOUNDATION

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