Catholic Medical Center

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1974

Legal Domicile

Principal Officer

Sidi Cuko

Phone

6036683545

Tax Period

2023-10-01 to 2024-09-30

Catholic Medical Center, founded in 1974, is a major nonprofit in the Health Care sector that reported $524.3M in total revenue in fiscal year 2023.

Mission

The heart of Catholic Medical Center is to carry out Christ's healing ministry by offering health, healing, and hope to every individual who seeks our care.

Program Service Accomplishments

Program 1

Expenses: $454,395,168 Revenue: $510,509,439

Medical and surgical services provided to 11,626 inpatients and 188,190 outpatients during the year.

Program 2

Various other services. Please see Schedule H.Catholic Medical Center (CMC), as an agency of the Roman Catholic Church, shall provide health care in a manner consistent with the ethical and religious directives for Catholic health care services as interpreted by the Roman Catholic Bishop of Manchester. CMC shall employ the highest quality health care professionals and the most appropriate technology to deliver an array of services either directly or through strategic alliances with compatible health care providers. With dignity and compassion, CMC shall treat the body, mind, and spirit of all who seek or provide care and comfort. Additional details provided in Schedule H.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $6,724,730

Program Service Revenue $510,509,439

Investment Income $7,121,232

Other Revenue $-52,340

TOTAL REVENUE $524,303,061

Expense Breakdown

Grants Paid $335,557

Salaries & Benefits $223,765,453

Fundraising Expenses $410,971

Program Expenses $454,395,168

Other Expenses $292,769,586

TOTAL EXPENSES $516,890,196

Year-over-Year Comparison

	2023	2022	Change
Revenue	$524,303,061	$539,499,852	0.0%
Expenses	$516,890,196	$530,973,938	0.0%
Net Income	$7,412,865	$8,525,914	-0.1%

Key Indicators

✓ Grants to Organizations ✓ Grants to Individuals ✓ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

3256

Volunteers

224

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✓ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$2,161,196

Total Directors

$2,321,278

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Alexander Walker Jr Esq	President & CEO	40.90	Officer Director	$717,524	$351,171	$1,068,695
Patricia Furey MD	Director; Medical Staff President	0.80	Director	$0	$53,510	$524,278
Robert Capodilupo MD	Interim Trustee/Exec Med Dir NEHI	0.80	Officer Director	$0	$53,048	$728,305
William Furlong	Director	0.90	Director	$0	$0	$0
Robert Gossett	Director	0.80	Director	$0	$0	$0
Roger Jean	Director	0.90	Director	$0	$0	$0
Derek McDonald	Dir./Bishop's Delegate (end 11/2023)	0.10	Director	$0	$0	$0
Kristy Merrill	Director	0.70	Director	$0	$0	$0
John J Munoz MD	Director	0.90	Director	$0	$0	$0
Grace Tung	Director	0.90	Director	$0	$0	$0
Timothy Riley	Chair	0.70	Officer Director	$0	$0	$0
Marie McKay CPA	Treasurer	0.80	Officer Director	$0	$0	$0
Pamela Diamantis	Vice Chair	0.90	Officer Director	$0	$0	$0
Matthew Albuquerque	Director/Secretary (start 1/2024)	0.80	Officer Director	$0	$0	$0
Matthew Kfoury	Secretary (end 1/2024)	0.20	Officer Director	$0	$0	$0
Pamela Martel	Executive VP & CFO	40.20	Officer	$345,190	$19,006	$364,196
Keith Larocque RN	Nurse	40.00	Highest	$314,999	$46,454	$361,453
Andrew Watt MD	VP/Chief Medical Information Officer	40.00	Highest	$420,359	$36,275	$456,634
Sarah Doherty RN	Nurse	40.00	Highest	$292,349	$38,415	$330,764
Carolanne O'Sullivan	Senior VP, Provider Network	40.00	Highest	$499,649	$52,950	$552,599
Michael Gilbert	Chief Medical Officer	40.20	Highest	$401,623	$33,104	$434,727
Edward Dudley III	Former Executive VP & CFO	0.00		$159,007	$132,010	$291,017
Ronald Doncaster	Former Chief Operating Officer	0.00		$112,379	$493	$112,872

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$524,303,061	$516,890,196	$389,369,786	$7,412,865
2023	$539,499,852	$530,973,938	$433,176,137	$8,525,914
2022	$543,238,251	$506,241,155	$430,455,986	$36,997,096
2021	$548,724,237	$454,357,725	$518,751,919	$94,366,512
2020	$459,237,683	$441,173,091	$530,592,222	$18,064,592
2019	$490,484,929	$452,215,352	$437,721,429	$38,269,577
2018	$473,730,448	$430,871,938	$448,191,010	$42,858,510