TWIN LAKES MEDICAL FOUNDATION INC
910 WALLACE AVE, LEITCHFIELD, KY 42754

Total Revenue
$4,472,938
Total Expenses
$8,832,098
Net Assets
$-52,547,350

Organizations Filed Purposes: PROVIDING OF HEALTHCARE FOR THE REGION

TWIN LAKES MEDICAL FOUNDATION, INC. (FOUNDATION) IS A NOT-FOR-PROFIT ENTITY ESTABLISHED FOR THE RECRUITMENT AND RETENTION OF QUALIFIED MEDICAL PROFESSIONALS IN WHAT WAS A FEDERALLY DESIGNATED RURAL HEALTH PROFESSIONAL SHORTAGE AREA (HPSA). ITS PRIMARY PURPOSE IS TO PROVIDE MANAGEMENT, SUPPORT SERVICES AND EXPERTISE THAT IS OFTEN UNAVAILABLE TO SOLO PRACTITIONERS IN RURAL AREAS. THE FOUNDATION PROPOSES TO SERVE ALL RESIDENTS OF THE COMMUNITIES WHERE AMBULATORY CLINICS ARE LOCATED. PATIENTS WILL BE SERVED REGARDLESS OF RACE, SEX, RELIGION, PHYSICAL OR MENTAL HANDICAP, NATIONAL ORIGIN OR INCOME LEVEL. PHYSICIANS EMPLOYED BY THE FOUNDATION AGREE THAT THEY WILL NOT DISCRIMINATE AGAINST INDIVIDUAL PATIENTS BASED ON THE ABILITY TO PAY AT ANY CLINIC SITE OR AFFILIATED HOSPITAL. THE FOUNDATION PARTICIPATES IN A NONDISCRIMINATORY MANNER IN ALL FEDERAL AND STATE PROGRAMS INCLUDING BUT NOT LIMITED TO THE FOLLOWING: MEDICARE, MEDICAID, PASSPORT (A STATE MANAGED CARE PROGRAM FOR MEDICAID ELIGIBLE), OR OTHER THIRD PARTY PAYERS. IT IS THE POLICY OF THE ORGANIZATION THAT ALL PATIENTS WHO CAN AFFORD TO PAY FOR HEALTH SERVICES SHOULD PAY FOR SERVICES. NO PATIENT WILL BE DENIED EMERGENCY SERVICES. FOR THOSE PATIENTS WHO CAN NOT AFFORD TO PAY, THE FOUNDATION OFFERS A FINANCIAL ASSISTANCE PROGRAM TO THOSE THAT QUALIFY. DURING THE FISCAL YEAR ENDING JUNE 30, 2020, TWIN LAKES MEDICAL FOUNDATION, INC. HAD 50,616 PATIENT VISITS, INCLUDING BOTH OFFICE AND HOSPITAL VISITS. CHARGES WRITTEN OFF DUE TO AGREEMENTS WITH MEDICARE, MEDICAID, AND OTHER THIRD PARTIES AMOUNTED TO 6,469,572 FOR FISCAL YEAR 2020. ADDITIONAL CHARGES FOREGONE TO CHARITY CARE TOTALED 73,061. WRITE-OFFS FROM PATIENTS "UNWILLING" TO PAY (BAD DEBTS) TOTALED (19,350).

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Ted B Rogers MdPROVIDER40$514,443
Steven Thomas MdPROVIDER40$471,681
Mark Lee MdPROVIDER40$413,982
Clinton Kaufman MdPROVIDER40$410,010
Luke Fife MdPROVIDER40$407,514
Wayne MeriwetherCEO5$0
Trevor RayPRESIDENT1$0
Edwin MckinneySECRETARY/TR1$0
Dr Kenneth GreenDIRECTOR1$0
David DownsVICE PRESIDE1$0
Marla CantwayDIRECTOR1$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202003219349306885_public.xml