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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Health Care Norton Properties Inc.

Norton Properties Inc.

Fiscal year ending 2019. Filed on November 6, 2020.

Accounting 224 E Broadway 5th Floor
Louisville, Kentucky 40202

Norton Properties Inc. (EIN: 61-1028724) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2019 IRS Form 990 filing, Norton Properties Inc., a 501(c)(3) charitable organization, reported compensation for 7 out of 90 total employees. Among the employees shown here, the average compensation is $1,140,486. The highest compensated employee at Norton Properties Inc. is Michael W Gough with fiscal year 2019 compensation of $2,699,644.

Revenue, expenses, and employee compensation

Revenue

$46,820,195

Expenses

$60,683,652

Employee compensation

$1,644,122
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Michael W Gough
Executive Vice President and Chief Operating Officer
$2,699,644
$0 $2,563,340 $136,304
Russell F Cox
President and Chief Executive Officer and Trustee
$2,539,179
$0 $2,348,374 $190,805
Robert B Azar
Senior Vice President Chief Legal Officer/Secretary
$934,889
$0 $807,725 $127,164
Adam Kempf
Senior Vice President, Cfo/Treasurer
$916,643
$0 $771,597 $145,046
Stephen Williams
Former Chief Executive Officer
$617,161
$0 $593,451 $23,710
Mark Spivey
Director, Properties
$140,850
$108,109 No related comp$32,741
Scott L Stanton
Director, Property Planning and Mgmt
$135,033
$100,291 No related comp$34,742

Benchmark Employee Compensation

Non-Employee Board Members

Barry Pennybaker
Trustee
$3,200
$0 $3,200 No other comp
Maria Gerwing Hampton
Trustee (Part-Year)
$3,200
$0 $3,200 No other comp
Martha K Heyburn, M.D.
Trustee
$3,200
$0 $3,200 No other comp
Ronald Lehocky, M.D.
Trustee
$3,200
$0 $3,200 No other comp
James L Sublett, M.D.
Trustee
$3,200
$0 $3,200 No other comp
Rick Guillaume
Chair Emeritus
$3,200
$0 $3,200 No other comp
Edie Nixon
Vice Chair
$3,200
$0 $3,200 No other comp
Rev William J Schultz
Trustee
$1,600
$0 $1,600 No other comp
Brendan Canavan
Trustee
$1,600
$0 $1,600 No other comp
Richard R Ivey
Trustee
$1,600
$0 $1,600 No other comp
Lee K Garlove
Trustee
$1,600
$0 $1,600 No other comp
Maria L Bouvette
Trustee
$1,600
$0 $1,600 No other comp

Contractors

National Environmental Contractor
- Asbestos and Lead Abatement
$1,325,172
Medical Center Steam and Chilled
Non-Public Utility
$395,408
Harshaw Trane Service
Equipment and Repairs
$334,078
Intec Building Services Inc
Cleaning
$327,032
Legion Security LLC
Security
$302,680

Mission Statement

Norton Properties, Inc. (Properties) owns properties that are used to support the charitable health care purposes of Norton Healthcare, Inc. (NHC), primarily of Norton Hospitals, Inc. (Hospitals), Community Medical Associates, Inc. and NHC. Properties owns medical office buildings that are leased by physicians on the medical staff of Hospitals. It also leases office space and parking facilities for the convenience of NHC employees, physicians of the medical staff of Hospitals, and guests.

Revisions to this organization profile

November 6, 2025:
2024 Norton Properties Inc. 990 filed
November 12, 2024:
2023 Norton Properties Inc. 990 filed
November 13, 2023:
2022 Norton Properties Inc. 990 filed

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