LANCASTER GENERAL HOSPITAL

EIN: 231365353 501(c)(3) Health Care

LANCASTER, PA

Total Revenue
$1,840,325,876
Total Expenses
$1,654,041,736
Total Assets
$1,211,713,080
Net Assets
$823,219,712
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1893
Legal Domicile
PA
Principal Officer
GARY A WELCH
Phone
7175445658
Tax Period
2024-07-01 to 2025-06-30

LANCASTER GENERAL HOSPITAL, founded in 1893, is a large national nonprofit in the Health Care sector that reported $1.8B in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $1.7B left a modest 10% surplus.

Mission

TO ADVANCE THE HEALTH AND WELL-BEING OF THE COMMUNITIES WE SERVE.

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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 (2024)

Revenue Breakdown

Contributions & Grants $437,040
Program Service Revenue $1,575,165,142
Investment Income $4,237,782
Other Revenue $260,485,912
TOTAL REVENUE $1,840,325,876

Expense Breakdown

Grants Paid $4,754,643
Salaries & Benefits $697,163,147
Fundraising Expenses $975,903
Program Expenses $1,388,467,334
Other Expenses $952,123,946
TOTAL EXPENSES $1,654,041,736

Year-over-Year Comparison

2024 2023 Change
Revenue $1,840,325,876 $1,625,920,380 +0.1%
Expenses $1,654,041,736 $1,441,413,698 +0.1%
Net Income $186,284,140 $184,506,682 +0.0%
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
17
Independent Members
13
Employees
8895
Volunteers
413

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
27
$11,635,152
Total Directors
19
$9,421,493
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Kevin B Mahoney Trustee 2.0
Director
$0 $374,377 $3,329,428
Keith A Kasper Trustee 2.0
Director
$0 $237,535 $3,000,454
John J Herman CEO LG Health 2.0
Officer Director
$0 $134,777 $1,288,283
Sriram Venigalla MD Radiation Oncologist 55.0
Highest
$1,110,565 $48,493 $1,159,058
Jeremy McGarvey MD Cardiothoracic Surgeon 55.0
Highest
$1,031,693 $71,935 $1,103,628
Mark Epler MD Cardiothoracic Surgeon 55.0
Highest
$999,462 $42,408 $1,041,870
Michael R Ripchinski MD Chief Physician Executive 13.0
Officer
$726,628 $109,419 $971,159
Robert K Klinghoffer Wenger MD Cardiothoracic Surgeon 55.0
Highest
$920,115 $35,672 $955,787
Julia W Puchtler Trustee 2.0
Director
$0 $90,216 $943,647
Philip M Bayliss MD Perinatologist 55.0
Highest
$822,143 $34,612 $856,755
Margaret F Costella Esq SVP General Counsel-Corporate 43.0
Officer
$802,304 $41,768 $844,072
Gary R Davidson SVP Chief Information Tech 53.0
Officer
$746,696 $46,696 $793,392
Michael D Barber Chief Operating Officer 2.0
Officer
$0 $60,072 $756,656
Stacey G Youcis Former Officer 0.0
$657,522 $56,147 $713,669
Justin D Roberts DO Associate Chief Medical Office 53.0
Officer
$614,749 $69,758 $684,507
Geoffrey W Eddowes SVP, Hospital Operations & Wom 53.0
Officer
$619,577 $59,632 $679,209
Tammy L Ober Chief Growth Officer 49.0
Officer
$513,284 $45,654 $558,938
Kenneth R Arthur MD Trustee 2.0
Director
$0 $60,813 $501,439
Timothy C Zellers Chief Nursing Officer 51.0
Officer
$409,566 $54,576 $464,142
Michael Sheinberg MD Chief Medical Information Offi 53.0
Officer
$417,501 $43,860 $461,361
Kay A Brady Chief Human Resources Officer 53.0
Officer
$397,212 $54,284 $451,496
Richard D Paoletti Former Officer 0.0
$0 $5,782 $418,327
Christine M Stabler MD Former Officer 55.0
$373,671 $28,929 $402,600
Gary A Welch Chief Financial Officer 47.0
Officer
$370,765 $30,638 $401,403
Sean P Reynolds VP Operations-Physician Svcs 2.0
Officer
$0 $55,936 $396,414
Edmond K Kabagambe PhD VP Research Administration 53.0
Officer
$302,230 $60,762 $362,992
Tara M Tawil MD Trustee/Medical Director Infor 2.0
Director
$307,033 $35,225 $342,258
Alexandra O Jorgensen Former Officer 0.0
$0 $4,407 $335,699
Denise A Kennedy VP Financial Services 53.0
Officer
$278,331 $20,275 $298,606
Kevin D Turner VP Primary Care & Ambulatory 53.0
Officer
$242,041 $43,216 $285,257
Jennifer L Groff VP Organizational Advancement 2.0
Officer
$0 $36,640 $275,082
Linda A Welker VP, Controller 49.0
Officer
$230,050 $40,015 $270,065
Matthew E Parido VP Institutional Affairs 53.0
Officer
$247,392 $19,371 $266,763
Kristi N Casey Associate Chief Human Resource 53.0
Officer
$231,356 $26,363 $257,719
Elizabeth H Katz VP Risk Mgmt & Corp Compliance 53.0
Officer
$231,914 $25,327 $257,241
Donise A Musheno VP Quality & Regulatory Affair 53.0
Officer
$220,124 $22,175 $242,299
Alyssa M Livengood-Waite Associate Chief Nursing Office 53.0
Officer
$204,753 $30,167 $234,920
Edward J Maloney VP Information Technology SS 53.0
Officer
$119,046 $14,130 $133,176
Brian R Burgess Former Officer 0.0
$128,976 $0 $128,976
Paul F Carroll MD Trustee 53.0
Director
$15,600 $384 $15,984
Neal Salerno Chairperson 2.0
Officer Director
$0 $0 $0
Kathleen A Smarilli Vice Chairperson 2.0
Officer Director
$0 $0 $0
Kim R Smith Esq Corporate Secretary LG Health 2.0
Officer Director
$0 $0 $0
Thomas T Baldrige Trustee 2.0
Director
$0 $0 $0
Ross W Kramer Trustee 2.0
Director
$0 $0 $0
Edward Monborne Trustee 2.0
Director
$0 $0 $0
Vanessa Philbert Trustee 2.0
Director
$0 $0 $0
Pedro A Rivera Trustee 2.0
Director
$0 $0 $0
Carolyn F Scanlan Trustee 2.0
Director
$0 $0 $0
Jordan D Space Trustee 2.0
Director
$0 $0 $0
D Michael Wege Trustee 2.0
Director
$0 $0 $0
Daniel A Wubah PhD Trustee 2.0
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 $1,840,325,876 $1,654,041,736 $1,211,713,080 $186,284,140
2024 No data No data No data No data
2023 $1,470,319,268 $1,364,673,950 $1,182,215,778 $105,645,318
2022 $1,418,051,962 $1,290,444,392 $1,167,971,773 $127,607,570
2021 $1,359,519,727 $1,185,685,402 $1,238,600,978 $173,834,325
2020 $1,165,945,163 $1,081,827,973 $1,150,842,752 $84,117,190
2019 $1,145,850,529 $1,004,609,899 $956,639,724 $141,240,630
2018 $1,070,516,856 $949,028,932 $911,020,367 $121,487,924
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