LANCASTER GENERAL HEALTH

EIN: 232250941 501(c)(3) Health Care

LANCASTER, PA

Total Revenue
$39,418,700
Total Expenses
$3,627,454
Total Assets
$1,498,263,444
Net Assets
$1,498,014,994
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1983
Legal Domicile
PA
Principal Officer
GARY A WELCH
Phone
7175445658
Tax Period
2022-07-01 to 2023-06-30

LANCASTER GENERAL HEALTH, founded in 1983, is a mid-sized nonprofit in the Health Care sector that reported $39.4M in total revenue in fiscal year 2022. Revenue fell 67% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $35.8M, a strong 91% operating margin.

Mission

PROVIDES MANAGERIAL & FINANCIAL SUPPORT TO ITS CONTROLLED ORGANIZATIONS AND IS RESPONSIBLE FOR UNDERTAKING ACTIVITIES DESIGNED TO ADVANCE THE GENERAL HEALTH OF THE COMMUNITY.

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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 $815,600
Investment Income $35,984,998
Other Revenue $2,618,102
TOTAL REVENUE $39,418,700

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $2,532,121
Other Expenses $3,627,454
TOTAL EXPENSES $3,627,454

Year-over-Year Comparison

2022 2021 Change
Revenue $39,418,700 $117,817,534 -0.7%
Expenses $3,627,454 $-5,831,920 -1.6%
Net Income $35,791,246 $123,649,454 -0.7%
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
12
Employees
N/A
Volunteers
17

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
26
$10,927,756
Total Directors
17
$6,971,528
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Kevin B Mahoney Trustee 2.0
Director
$0 $524,231 $3,396,944
Keith A Kasper Trustee 2.0
Director
$0 $210,044 $1,927,034
John J Herman Chief Executive Officer 2.0
Officer Director
$0 $125,615 $1,083,243
Gary R Davidson SVP and CIO 2.0
Officer
$0 $115,701 $835,271
Michael R Ripchinski MD Chief Physician Executive 2.0
Officer
$0 $186,448 $827,610
T Raymond Foley MD Former Officer 2.0
$0 $44,692 $815,563
James A Stuccio SVP, Ambulatory & Ancillary Sv 2.0
Officer
$0 $117,855 $755,101
Stacey G Youcis Former Officer 0.0
$0 $119,377 $668,587
Brian R Burgess Chief Strategy Officer 2.0
Officer
$0 $128,421 $577,310
Lawrence F Strassner III Chief Nursing Officer 2.0
Officer
$0 $133,268 $576,890
Margaret F Costella Esq SVP, General Counsel-Corp Secr 2.0
Officer
$0 $125,756 $576,465
Kenneth R Arthur MD Trustee 2.0
Director
$0 $53,813 $501,074
Christine M Stabler MD VP, Women's Health & Academic 2.0
Officer
$0 $35,835 $498,895
Geoffrey W Eddowes SVP, Women's Services 2.0
Officer
$0 $89,084 $472,616
Michael Barber Chief Operating Officer 2.0
Officer
$0 $8,479 $472,173
Tammy L Ober SVP, Service Lines 2.0
Officer
$0 $97,676 $463,278
Alexandra O Jorgensen Chief HR & Org. Effectiveness 2.0
Officer
$0 $101,434 $439,061
Richard D Paoletti Former Officer 0.0
$0 $5,713 $388,235
Robert P Macina Esq Former Officer 2.0
$0 $14,031 $363,102
Edward J Maloney VP, IT Shared Services and Ope 2.0
Officer
$0 $35,746 $355,941
Sean P Reynolds VP, Operations-Physician Svcs 2.0
Officer
$0 $52,320 $350,880
Lanyce A Roldan Former Officer 0.0
$0 $34,014 $348,465
Kay A Brady VP, HR Client Services 2.0
Officer
$0 $54,860 $330,460
Douglas W Rinehart VP, Controller 2.0
Officer
$0 $35,450 $317,913
Toni Donovan VP, Marketing 2.0
Officer
$0 $20,794 $284,890
Brian M Crimmins VP, Facilities Planning 2.0
Officer
$0 $27,114 $280,324
Denise A Kennedy VP, Financial Services 2.0
Officer
$0 $19,120 $276,779
Jennifer L Groff VP, Organizational Advancement 2.0
Officer
$0 $40,213 $274,479
Norma J Ferdinand Former Officer 0.0
$0 $20,008 $269,154
Kevin D Turner VP, Primary Care & Ambulatory 2.0
Officer
$0 $42,166 $255,712
Elizabeth H Katz VP, Risk Mgmt & Corp Complianc 2.0
Officer
$0 $26,541 $238,236
Cynthia J Stauffer VP, Epic & Clinical Apps 2.0
Officer
$0 $23,905 $222,202
Charmaine S Rochester Former Officer 2.0
$0 $46,645 $212,457
Edmond K Kabagambe PhD VP, Research Administration 2.0
Officer
$0 $19,939 $162,027
Paul F Carroll MD Trustee 2.0
Director
$0 $1,393 $63,233
Thomas T Baldrige Trustee 2.0
Director
$0 $0 $0
Ross W Kramer Trustee 2.0
Director
$0 $0 $0
Edward W Monborne Trustee 2.0
Director
$0 $0 $0
Lori A Pickell Trustee 2.0
Director
$0 $0 $0
Pedro A Rivera Trustee 2.0
Director
$0 $0 $0
Neal Salerno Trustee/Vice Chairperson 2.0
Officer Director
$0 $0 $0
Carolyn F Scanlan Trustee/Chairperson 2.0
Officer Director
$0 $0 $0
Kathleen A Smarilli Trustee 2.0
Director
$0 $0 $0
Kim R Smith Esq 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 No data No data No data No data
2024 No data No data No data No data
2023 $39,418,700 $3,627,454 $1,498,263,444 $35,791,246
2022 $117,817,534 $-5,831,920 $1,555,996,191 $123,649,454
2021 $86,500,736 $-20,535,292 $1,567,816,841 $107,036,028
2020 $71,627,378 $-25,564,496 $1,152,343,116 $97,191,874
2019 $134,712,727 $4,089,873 $1,106,381,796 $130,622,854
2018 $40,572,680 $-15,863,306 $1,059,506,270 $56,435,986
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