Better Business Bureau Report for
Ronald McDonald House Charities of Kentuckiana

Better Business Bureau Report issued October 2017
Better Business Bureau Report expires October 2019


This BBB Accredited charity meets all 20 Standards for Charity Accountability and is a Seal Holder. Find out more...


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Charity Contact Information

Name: Ronald McDonald House Charities of Kentuckiana
Address: 550 South First Street
  Louisville, KY 40202
Phone: 502-581-1416
Web Address: www.rmhc-kentuckiana.org
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Better Business Bureau Comments

Year, State Incorporated: 1982, Kentucky
Affiliates: RMHC Global
Stated Purpose: Ronald McDonald House Charities of Kentuckiana keeps families close by providing them a home-away-from-home, where they are fully supported and can be actively involved in their children’s medical care.

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Evaluation Conclusions

              

Ronald McDonald House Charities of Kentuckiana meets the 20 Standards for Charity Accountability.
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Programs

              

The agency operates the Ronald McDonald House as temporary, low cost family housing for families of children receiving treatment at area medical facilities. The agency also operates Ronald McDonald Family Room programs at Norton Children's Hospital, Norton Women & Children's Hospital and Frazier Rehab Institute.

For the fiscal year ended December 31, 2016, Ronald McDonald House Charities of Kentuckiana's program expenses were:

  
Program Services 1,161,366
Total Program Expenses: $1,161,366
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Governance

              

Chief Executive : Hal Hedley, Chief Executive Officer
Compensation*: 
$118,379

Chair of the Board: Ben Murr
Chair's Profession / Business Affiliation: CIO of Churchill Downs Inc.

Board Size: 26

Paid Staff Size: 16

*Compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
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Fund Raising

              

Method(s) Used:

Direct mail, invitations to fund raising events, grant proposals, internet, planned giving arrangements, cause-related marketing.
Fund raising costs were 14% of related contributions. (Related contributions, which totaled $1,716,541, are donations received as a result of fund raising activities.)
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Tax Status

              

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
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Financial

              

The following information is based on Ronald McDonald House Charities of Kentuckiana's audited financial statements for the fiscal year ended December 31, 2016.

Ending net assets as reported below include $6,798,554 in unrestricted net assets, $146,008 in temporarily restricted net assets, and $600,000 in permanently restricted net assets.

Total assets as reported include $6,535,506 invested in property, land, and equipment, net

Source of Funds  
Contributions 1,396,794
Special Events, net 319,747
Overnight room revenue 147,109
Other 15,466
Total Income $1,879,116


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Uses of Funds as a % of Total Expenses

Programs: 67%  Fund Raising: 14%  Administrative: 15%  Other Expenses: 4%

Total income $1,879,116
Program expenses $1,161,366
Fund raising expenses 235,455
Administrative expenses 256,117
Other Expenses 60,421
Total expenses $1,713,359
Income in Excess of Expenses 165,757
Beginning net assets 7,153,491
Other Changes in Net Assets 225,314
Ending net assets 7,544,562
Total liabilities 3,853,460
Total assets $11,398,022


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This report is not to be used for fund raising or promotional purposes.

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