Riddle Memorial Hospital

EIN: 231529076 501(c)(3) Health Care

NEWTOWN SQUARE, PA

Total Revenue
$248,712,889
Total Expenses
$265,509,038
Total Assets
$428,303,335
Net Assets
$247,490,615
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1964
Legal Domicile
PA
Principal Officer
LEIGH EHRLICH
Phone
4843371864
Tax Period
2022-07-01 to 2023-06-30

Riddle Memorial Hospital, founded in 1964, is a major nonprofit in the Health Care sector that reported $248.7M in total revenue in fiscal year 2022.

Mission

PROVIDE A COMPREHENSIVE RANGE OF HEALTH SERVICES THAT MEET THE NEEDS AND IMPROVE THE QUALITY OF LIFE IN 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 (2022)

Revenue Breakdown

Contributions & Grants $1,824,253
Program Service Revenue $239,919,966
Investment Income $2,171,251
Other Revenue $4,797,419
TOTAL REVENUE $248,712,889

Expense Breakdown

Grants Paid $0
Salaries & Benefits $112,011,013
Fundraising Expenses $0
Program Expenses $187,077,904
Other Expenses $153,498,025
TOTAL EXPENSES $265,509,038

Year-over-Year Comparison

2022 2021 Change
Revenue $248,712,889 $233,729,377 +0.1%
Expenses $265,509,038 $250,220,673 +0.1%
Net Income $-16,796,149 $-16,491,296 +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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Governance

Voting Members
25
Independent Members
21
Employees
1575
Volunteers
93

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
6
$5,531,117
Total Directors
25
$2,931,968
Key Employees
20
$5,825,663
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN J LYNCH III CEO & TRUSTEE 1.0
Officer Director
$0 $597,253 $2,602,428
BARBARA WADSWORTH EVP & COO 5.0
Key Emp
$0 $190,058 $1,134,340
Michael J Buongiorno EVP, CFO & TREASURER 1.0
Officer
$0 $161,630 $1,110,735
BRIAN T CORBETT ESQ SVP, GEN COUNSEL & SECRETARY 1.0
Officer
$0 $150,998 $871,651
JONATHAN STALLKAMP SENIOR VP & CMO 0.0
$0 $134,681 $867,305
Shelly Buck PRESIDENT - Riddle Hospital 38.0
Officer
$617,419 $171,316 $788,735
DONALD KLINGEN SENIOR VP & CMIO 0.0
$0 $134,673 $608,968
JAMES GENGARO VP, MEDICAL AFFAIRS 19.0
Key Emp
$252,290 $40,254 $428,030
BRENDA DEFEO VP, ADMINISTRATION 40.0
Key Emp
$341,918 $25,478 $367,396
JESHAHNTON ESSEX VP, OPERATIONS 0.0
$0 $44,664 $358,045
BILLIE BURNS STAFF NURSE 40.0
Key Emp
$262,373 $27,067 $289,440
ELIZABETH MENSCHNER VP, PATIENT SERVICES 40.0
Key Emp
$259,047 $19,927 $278,974
DAVID SHOWALTER SYSTEM DIRECTOR, PHARMACY Svcs 40.0
Key Emp
$260,169 $17,344 $277,513
RANDY MCGONIGAL STAFF NURSE 0.0
$0 $41,819 $256,237
GBASSAY WATSON-WINDOR STAFF NURSE 40.0
Key Emp
$223,676 $30,940 $254,616
DANIEL RYAN DIRECTOR OF NURSING 40.0
Key Emp
$218,045 $34,009 $252,054
SANDRA MEYERS STAFF NURSE 40.0
Key Emp
$228,587 $22,841 $251,428
PATRICIA CARLIN RN, FIRST ASSISTANT 40.0
Key Emp
$225,794 $22,381 $248,175
MARY LOUISE LYONS CICIRETTI Director, Human Resources 40.0
Key Emp
$213,931 $17,657 $231,588
ERNEST GILLAN MD TRUSTEE 1.0
Director
$0 $0 $225,540
DIANE CURRAN Director, Imaging & Diagnostic 40.0
Key Emp
$194,473 $28,447 $222,920
WANDA SHAKOPEE STAFF NURSE 40.0
Key Emp
$194,619 $12,562 $207,181
CANDACE CORRIGAN STAFF NURSE 40.0
Key Emp
$170,707 $36,181 $206,888
ANDREW CALLAHAN STAFF NURSE, OPERATING ROOM 40.0
Key Emp
$169,318 $36,754 $206,072
WENDY HAKUN SYS DIR. RESPIRATORY THERAPY 40.0
Key Emp
$187,024 $12,677 $199,701
VISHNU SINGH Surgical Assistant 40.0
Key Emp
$170,598 $27,981 $198,579
RENEE ARBET MANAGER, PHARMACY 40.0
Key Emp
$177,117 $20,448 $197,565
PELLUMB HAXHIU SURGICAL ASSISTANT 40.0
Highest
$165,812 $29,004 $194,816
LAUREN ROSCOVICH STAFF NURSE 40.0
Highest
$166,953 $26,652 $193,605
FATMATA DARAMY STAFF NURSE 40.0
Highest
$166,550 $26,757 $193,307
VIVIAN KUMAH STAFF NURSE 40.0
Key Emp
$172,151 $20,060 $192,211
CANDACE PERRY STAFF NURSE 40.0
Highest
$164,791 $26,218 $191,009
PATRICIA MIRALBES-KONIECZKA CLINICAL COORDINATOR, NURSING 40.0
Highest
$165,960 $19,186 $185,146
ANDREA HAFER Clinical Coordinator, Pharmacy 40.0
Key Emp
$169,357 $11,635 $180,992
M ISABEL QUINTANS CLINICAL COORDINATOR, PHARMACY 40.0
$157,751 $21,647 $179,398
STEPHEN SIMONE STAFF PHARMACIST 40.0
$142,347 $35,493 $177,840
DANIEL GREEN Executive Director,Development 15.0
$163,534 $10,587 $174,121
MARY ELIZABETH GRAGG STAFF NURSE 40.0
$142,035 $27,197 $169,232
Eileen Carr Assistant Secretary 1.0
Officer
$0 $27,551 $157,568
T FORBES OSBORN PHYSICIAN ASSISTANT 40.0
$137,261 $18,137 $155,398
AYOMIPOSI AJAKAIYE STAFF NURSE 40.0
$141,923 $11,462 $153,385
EMMA SIMPSON TRUSTEE 1.0
Director
$0 $0 $95,000
Cheryl Koch MD TRUSTEE 1.0
Director
$0 $0 $9,000
Stephen S Aichele Esq TRUSTEE 1.0
Director
$0 $0 $0
Andrea Anania Trustee 1.0
Director
$0 $0 $0
Elizabeth J Balderston TRUSTEE 1.0
Director
$0 $0 $0
Michelle Hong Esq Trustee 1.0
Director
$0 $0 $0
Chris Bruner Trustee 1.0
Director
$0 $0 $0
Steven Nichtberger MD Trustee 1.0
Director
$0 $0 $0
Ellen Rinaldi Trustee 1.0
Director
$0 $0 $0
John Walsh Trustee 1.0
Director
$0 $0 $0
ALEXANDRE COSTABILE TRUSTEE 1.0
Director
$0 $0 $0
ROBERT FREDERICK MD TRUSTEE 1.0
Director
$0 $0 $0
BARBARA GASPER TRUSTEE 1.0
Director
$0 $0 $0
Peter Havens TRUSTEE 1.0
Director
$0 $0 $0
DONNA HAVENS TRUSTEE 1.0
Director
$0 $0 $0
GEORGE NICHOLS III TRUSTEE 1.0
Director
$0 $0 $0
N PETER HAMILTON TRUSTEE 1.0
Director
$0 $0 $0
ALBA MARTINEZ TRUSTEE 1.0
Director
$0 $0 $0
DEEBEANNE TAVANI TRUSTEE 1.0
Director
$0 $0 $0
STEVEN HIGGINS CHAIRMAN & TRUSTEE 1.0
Officer Director
$0 $0 $0
Bradford Koles TRUSTEE 1.0
Director
$0 $0 $0
Dalila Wilson-Scott TRUSTEE 1.0
Director
$0 $0 $0
Mary Beth Kingston TRUSTEE 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 No data No data No data No data
2024 No data No data No data No data
2023 $248,712,889 $265,509,038 $428,303,335 $-16,796,149
2022 $233,729,377 $250,220,673 $339,944,378 $-16,491,296
2022 $233,729,377 $250,220,673 $339,944,378 $-16,491,296
2021 $230,832,261 $220,551,480 $304,895,147 $10,280,781
2020 $194,363,433 $210,878,616 $287,444,655 $-16,515,183
2019 $202,316,244 $197,493,090 $165,529,310 $4,823,154
2018 $198,041,178 $191,816,667 $164,948,727 $6,224,511
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