OUR LADY OF LOURDES MEMORIAL HOSPITAL INC (EIN 150532221) - 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

1936

Legal Domicile

Principal Officer

kathryn connerton

Phone

6077985285

Tax Period

2024-07-01 to 2025-06-30

OUR LADY OF LOURDES MEMORIAL HOSPITAL INC, founded in 1936, is a major nonprofit in the Health Care sector that reported $534.2M in total revenue in fiscal year 2024. Revenue grew 8% year-over-year, indicating healthy expansion.

Mission

THE PROVISION OF CHARITABLE HEALTHCARE SERVICES TO ALL INDIVIDUALS IN A NON-DISCRIMINATORY MANNER REGARDLESS OF RACE, COLOR, CREED, SEX, NATIONAL ORIGIN OR ABILITY TO PAY.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $10,435,182

Program Service Revenue $515,340,083

Investment Income $102,596

Other Revenue $8,335,352

TOTAL REVENUE $534,213,213

Expense Breakdown

Grants Paid $170,126

Salaries & Benefits $267,269,813

Fundraising Expenses $0

Program Expenses $377,242,775

Other Expenses $317,587,407

TOTAL EXPENSES $585,027,346

Year-over-Year Comparison

	2024	2023	Change
Revenue	$534,213,213	$494,128,847	+0.1%
Expenses	$585,027,346	$543,961,224	+0.1%
Net Income	$-50,814,133	$-49,832,377	+0.0%

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

3482

Volunteers

168

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

$1,738,996

Total Directors

$4,174,072

Key Employees

$1,431,873

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
EDMUND SABANEGH MD	DIRECTOR-PRESIDENT/CEO TGC	55.0	Director	$0	$202,079	$1,895,232
ERIC SEYBOLD MD	PHYSICIAN	55.0	Highest	$1,578,743	$59,457	$1,638,200
MARK WILSON MD	PHYSICIAN	55.0	Highest	$1,263,615	$28,584	$1,292,199
DERMOT MICHAEL REYNOLDS MD	PHYSICIAN	55.0	Highest	$1,157,143	$50,001	$1,207,144
KIMONA ISSA MD	PHYSICIAN	55.0	Highest	$1,139,537	$54,430	$1,193,967
NISHAN DADIAN MD	PHYSICIAN	55.0	Highest	$998,898	$61,032	$1,059,930
PAUL G VERVALIN	DIRECTOR - EVP/COO TGC	55.0	Director	$0	$100,058	$988,887
KATHRYN CONNERTON	DIRECTOR - PRESIDENT/CEO	55.0	Officer Director	$790,750	$38,284	$829,034
RICHARD BLANSKY MD	CHIEF MEDICAL OFFICER	55.0	Key Emp	$609,992	$28,475	$638,467
DAVID A MANNES	FORMER OFFICER	55.0		$460,356	$57,777	$518,133
SANJIV PATEL MD	CHAIRMAN - DIRECTOR	55.0	Officer Director	$411,472	$49,447	$460,919
FRANCIS M MACAFEE	VP/CFO	55.0	Officer	$0	$43,923	$449,043
Laura Pascucci	Chief Operating Officer - AMG	55.0	Key Emp	$286,312	$35,625	$321,937
KAREN E ROESKE RN	CHIEF NURSING OFFICER	55.0	Key Emp	$255,248	$35,812	$291,060
ROBIN KINSLOW-EVANS	VP, STRATEGY	55.0	Key Emp	$35,868	$15,929	$180,409
JOHN PERRY MD	VICE CHAIR - DIRECTOR	1.0	Officer Director	$0	$0	$0
MICHAEL PONTICIELLO	SECRETARY - DIRECTOR	1.0	Officer Director	$0	$0	$0
MICHAEL KENNAN	DIRECTOR	1.0	Director	$0	$0	$0
JAMES MATTHEWS	DIRECTOR	1.0	Director	$0	$0	$0
KIM MYERS	DIRECTOR	1.0	Director	$0	$0	$0
JAMES W ORBAND	DIRECTOR	1.0	Director	$0	$0	$0
BRIAN ROSE	DIRECTOR	1.0	Director	$0	$0	$0
JOHN SALO	DIRECTOR	1.0	Director	$0	$0	$0

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
2025	$534,213,213	$585,027,346	$1,393,177,467	$-50,814,133
2023	$488,938,807	$521,600,354	$444,769,267	$-32,661,547
2022	$456,943,177	$481,200,595	$487,653,455	$-24,257,418
2021	$476,455,484	$437,471,255	$537,624,253	$38,984,229
2020	$402,700,721	$420,833,065	$451,920,387	$-18,132,344
2019	$395,276,650	$387,206,907	$415,548,004	$8,069,743
2018	$367,234,024	$368,129,013	$401,851,510	$-894,989

OUR LADY OF LOURDES MEMORIAL HOSPITAL INC