CHAMPLAIN VALLEY PHYSICIANS HOSPITAL MEDICAL CENTER (EIN 141338471) - Form 990 Financial Analysis & Trantor Score

🔒

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

1903

Legal Domicile

Principal Officer

MATEJ KOLLAR

Phone

5185612000

Tax Period

2023-10-01 to 2024-09-30

CHAMPLAIN VALLEY PHYSICIANS HOSPITAL MEDICAL CENTER, founded in 1903, is a major nonprofit in the Health Care sector that reported $469.8M in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion.

Mission

CVPH MEDICAL CENTER'S MISSION IS TO PROVIDE QUALITY HEALTH CARE FOR THE NORTH COUNTRY REGION IN UPSTATE NEW YORK.

🔒

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 $6,453,980

Program Service Revenue $457,538,161

Investment Income $490,899

Other Revenue $5,319,026

TOTAL REVENUE $469,802,066

Expense Breakdown

Grants Paid $0

Salaries & Benefits $264,855,210

Fundraising Expenses $0

Program Expenses $377,006,389

Other Expenses $207,318,962

TOTAL EXPENSES $472,174,172

Year-over-Year Comparison

	2023	2022	Change
Revenue	$469,802,066	$419,002,256	+0.1%
Expenses	$472,174,172	$458,412,148	+0.0%
Net Income	$-2,372,106	$-39,409,892	-0.9%

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

2541

Volunteers

300

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

$1,581,739

Total Directors

$56,414

Key Employees

$2,124,457

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ELIZABETH GOERLITZ-CORYER	DIRECTOR	1.00	Director	$0	$0	$0
BETSY VICENCIO	CHAIR	2.00	Officer Director	$0	$0	$0
JOANN GLEESON-KREIG PHD	DIRECTOR	1.00	Director	$0	$0	$0
JOHN MCAULIFFE MD	MEMBER AT LARGE	1.00	Director	$0	$0	$0
KELLY DONOGHUE	DIRECTOR	1.00	Director	$0	$0	$0
LEE PRAY	DIRECTOR	1.00	Director	$0	$0	$0
LINDA BOURGEOIS	SECRETARY	2.00	Officer Director	$0	$0	$0
NEIL FESETTE	MEMBER AT LARGE	1.00	Director	$0	$0	$0
PAOLO FEDI MD	VICE CHAIR THRU 1/1/24	1.00	Officer Director	$56,414	$0	$56,414
RICHARD WEBBER MD	DIRECTOR	1.00	Director	$0	$0	$0
RICHELLE GREGORY	DIRECTOR	1.00	Director	$0	$0	$0
TOM RECNY	TREASURER	2.00	Officer Director	$0	$0	$0
JOE DONNERY DPM	VICE CHAIR	2.00	Officer Director	$0	$0	$0
NILES GRAHAM	DIRECTOR	1.00	Director	$0	$0	$0
MOLLY RYAN	DIRECTOR	1.00	Director	$0	$0	$0
WOUTER RIETSEMAMD	VP POPULATION HEALTH & INFORMATION SVCS	48.00	Officer	$343,320	$80,914	$424,234
MICHELLE LEBEAU	PRESIDENT/CEO	48.00	Officer	$610,683	$113,166	$723,849
MATEJ KOLLAR	VP/CFO	30.00	Officer	$323,937	$53,305	$377,242
LISA MARK	VP MEDICAL AFFAIRS/CHIEF M	44.00	Key Emp	$0	$50,610	$513,106
KERRY HALEY	AVP OF PHILANTHROPY	50.00	Key Emp	$168,605	$43,986	$212,591
MATTHEW JONES	AVP OF PROFESSIONAL SERVIC	40.00	Key Emp	$0	$18,846	$236,585
DR JASON SANDERS	UVMMG PRESIDENT & CEO	1.00	Key Emp	$0	$95,551	$604,226
AMY PUTNAM	VP MEDICAL GROUP NETWORK DEPARTMENTS	1.00	Key Emp	$0	$55,360	$340,080
CARLYN HAAG	CHIEF NURSING OFFICER	40.00	Key Emp	$202,662	$15,207	$217,869
VINCENT LUDGEWIG	PHARMACIST	40.00	Highest	$316,830	$57,444	$374,274
NANCY ZIMUCHA	REGIONAL VP EDI TIL 4/2023	40.00	Highest	$280,477	$33,380	$313,857
CARRIE HOWARD-CANNING	NETWORK CHIEF NURSING OFFICER	40.00	Highest	$270,545	$52,672	$323,217
SHAWN ROGERS	CHIEF TRANSFORMATION OFFICER	40.00	Highest	$263,500	$53,905	$317,405
BRENDA MURPHY	CHIEF QUALITY AND SAFETY OFFICER	40.00	Highest	$262,471	$31,910	$294,381
CHRISTOPHER HICKEY	FORMER SVP/CFO	5.00		$212,356	$36,772	$249,128

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	$469,802,066	$472,174,172	$208,980,876	$-2,372,106
2023	$419,002,256	$458,412,148	$201,322,411	$-39,409,892
2022	$404,432,055	$431,691,278	$235,855,608	$-27,259,223
2021	$382,043,572	$381,536,600	$290,101,422	$506,972
2020	$377,050,767	$380,140,482	$243,355,530	$-3,089,715
2019	$370,096,242	$373,594,056	$225,721,877	$-3,497,814
2018	$355,963,869	$361,864,567	$217,442,781	$-5,900,698

CHAMPLAIN VALLEY PHYSICIANS HOSPITAL MEDICAL CENTER