Hospital Properties Inc (EIN 222869743) - Form 990 Financial Analysis & Trantor Score

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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

1982

Legal Domicile

Principal Officer

Nicholas P Dominick

Phone

4014444000

Tax Period

2023-10-01 to 2024-09-30

Hospital Properties Inc, founded in 1982, is a small nonprofit in the Health Care sector that reported $821K in total revenue in fiscal year 2023. Revenue grew 14% year-over-year, indicating healthy expansion.

Mission

Hospital Properties, Inc. (HPI) improves the provision of health care services at Rhode Island Hospital (RIH) by assuring the availability of suitable office space on the RIH campus to various physicians and physician groups, as well as other RIH programs.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $821,251

Investment Income $0

Other Revenue $0

TOTAL REVENUE $821,251

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $821,251

Other Expenses $821,251

TOTAL EXPENSES $821,251

Year-over-Year Comparison

	2023	2022	Change
Revenue	$821,251	$719,482	+0.1%
Expenses	$821,251	$719,482	+0.1%
Net Income	$0	N/A	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

Governance

Voting Members

Independent Members

N/A

Employees

N/A

Volunteers

N/A

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

$4,650,709

Total Directors

$3,438,139

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Eva Greenwood	Treas. & Chair	0.10	Officer Director	$0	$87,891	$1,737,076
Peter K Markell	EVP & CFO	0.10	Officer	$0	$18,928	$1,212,570
Paul J Adler	Secretary	0.25	Officer Director	$0	$151,085	$1,077,941
Nicholas P Dominick	President	0.10	Officer Director	$0	$99,888	$623,122

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	$821,251	$821,251	$769,903	No data
2023	$719,482	$719,482	$815,121	No data
2022	$685,516	$685,516	$865,665	No data
2021	$590,845	$590,845	$945,363	No data
2020	$558,067	$558,067	$945,445	No data
2019	$625,363	$625,363	$1,011,766	No data
2018	$625,091	$625,091	$876,657	No data

Hospital Properties Inc