Hanover HealthCare Plus Inc

EIN: 222658574 501(c)(3) Health Care

HARRISBURG, PA

Total Revenue
N/A
Total Expenses
N/A
Total Assets
$82,621,639
Net Assets
$82,621,639
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1985
Legal Domicile
PA
Phone
7172318032
Tax Period
2022-07-01 to 2023-06-30

Mission

HANOVER HEALTHCARE PLUS, INC. IS THE PARENT AND SUPPORTING ORGANIZATION OF UPMC HANOVER, A 501(C)(3) NOT FOR PROFIT HOSPITAL ORGANIZATION AND THE PARENT COMPANY OF HANOVER HEALTH CORPORATION INC, A FOR PROFIT ENTITY PROVIDING HEALTH CARE SERVICES.

Program Service Accomplishments

Program 1
Expenses: $0 Revenue: $0

PREVIOUSLY THE ORGANIZATION ASSISTED UPMC HANOVER IN OVERALL MANAGEMENT AND PLANNING TO BENEFIT OR FURTHER THE PURPOSE OF UPMC HANOVER.

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Trantor Score

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

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

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $0
Other Expenses $0
TOTAL EXPENSES $0

Year-over-Year Comparison

2022 2021 Change
Revenue N/A N/A N/A
Expenses N/A N/A N/A
Net Income N/A $0 N/A
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

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Governance

Voting Members
14
Independent Members
11
Employees
N/A
Volunteers
11

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
10
$3,849,302
Total Directors
17
$3,449,564
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A Secretary (R 7/22) 1.0
Officer Director
$0 $0 $0
N/A Board Chair 1.0
Officer Director
$0 $0 $0
N/A Secretary 1.0
Officer Director
$0 $0 $0
N/A Board Vice Chair 1.0
Officer Director
$0 $0 $0
N/A Treasurer 1.0
Officer Director
$0 $0 $0
N/A BOARD MEMBER 1.0
Officer Director
$0 $124,650 $999,112
N/A President & CEO (R 9/22) 1.0
Officer Director
$0 $62,394 $1,536,855
N/A Board Member 1.0
Director
$0 $0 $0
N/A Board Member 1.0
Director
$0 $0 $0
N/A Board Member 1.0
Director
$0 $0 $0
N/A Board Member 1.0
Director
$0 $0 $0
N/A Board Member 1.0
Director
$0 $12,237 $661,415
N/A Board Member (R 12/22) 1.0
Director
$0 $0 $0
N/A Board Member 1.0
Director
$0 $0 $0
N/A Board Member 1.0
Director
$0 $0 $0
N/A Board Member 1.0
Director
$0 $36,181 $252,182
N/A Board Member 1.0
Director
$0 $0 $0
N/A Assistant Treasurer 1.0
Officer
$0 $18,469 $263,489
N/A Asst. Secretary 1.0
Officer
$0 $31,060 $326,279
N/A President, UPMC Hanover 1.0
Officer
$0 $74,053 $723,567
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 No data No data No data No data
2023 No data No data $82,621,639 No data
2022 No data No data $82,621,639 No data
2021 $19 $160 $97,237,595 $-141
2020 $432 $407 $109,901,944 $25
2019 $3,396 $11,990 $13,736,054 $-8,594
2018 $300,744 $36,360 $13,738,633 $264,384
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