MAIN LINE HEALTH INC

EIN: 232331531 501(c)(3) Health Care

NEWTOWN SQUARE, PA

Total Revenue
$24,583,071
Total Expenses
$5,793,877
Total Assets
$63,081,235
Net Assets
$47,497,486
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1985
Legal Domicile
PA
Principal Officer
LEIGH EHRLICH
Phone
4843371864
Tax Period
2022-07-01 to 2023-06-30

MAIN LINE HEALTH INC, founded in 1985, is a mid-sized nonprofit in the Health Care sector that reported $24.6M in total revenue in fiscal year 2022. Revenue surged 430% from the prior year, signaling strong growth momentum. The organization ran a surplus of $18.8M, a strong 76% operating margin.

Mission

MAIN LINE HEALTH, INC. IS THE CORPORATE PARENT OF SUBSIDIARY HEALTH CARE ORGANIZATIONS SERVING COMMUNITIES IN SOUTHEASTERN PENNSYLVANIA. SERVICES PROVIDED BY THESE SUBSIDIARY ORGANIZATIONS INCLUDE ACTUE CARE, REHABILITAION CARE, SUBSTANCE ABUSE, HOMECARE, HOSPICE, PRIMARY PHYSICIAN AND SPECIALTY CARE. MAIN LINE HEALTH, INC. IS NOT ITSELF A PROVIDER OF HEALTH CARE SERVICES. THE PARENT OF MAIN LINE HEALTH, INC. IS MAIN LINE HEALTH SYSTEM. MAIN LINE HEALTH, INC. DOES NOT PROVIDE MEDICAL SERVICES.

Program Service Accomplishments

Program 1
Expenses: $2,229,029 Revenue: $1,981,719

AMBULATORY BUILDING LOCATIONS MAIN LINE HEALTH, INC. OWNS OR LEASES SPECIFIC AMBULATORY CENTERS THAT CONTAIN VARIOUS OUTPATIENT SERVICES PROVIDED BY MEMBER HOSPITALS. THESE CENTERS PROVIDE THE...

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AMBULATORY BUILDING LOCATIONS MAIN LINE HEALTH, INC. OWNS OR LEASES SPECIFIC AMBULATORY CENTERS THAT CONTAIN VARIOUS OUTPATIENT SERVICES PROVIDED BY MEMBER HOSPITALS. THESE CENTERS PROVIDE THE RESPECTIVE COMMUNITIES WITH ACCESS TO QUALITY PHYSICIANS AND MEDICAL SERVICES. THE REVENUE FOR THESE HEALTH CENTERS IS RENTAL REVENUE WHICH IS PROPERLY CLASSIFIED ON PART VIII, LINE 6.

Program 2
Expenses: $3,944,742 Revenue: $4,147,057

MEDICAL STAFF OFFICE A MEDICAL STAFF OFFICE DEPARTMENT IS CONTAINED WITHIN MAIN LINE HEALTH, INC. FOR THE ADMINISTRATION, MANAGEMENT, CREDENTIALING AND COORDINATING CONTINUING MEDICAL EDUCATION OF...

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MEDICAL STAFF OFFICE A MEDICAL STAFF OFFICE DEPARTMENT IS CONTAINED WITHIN MAIN LINE HEALTH, INC. FOR THE ADMINISTRATION, MANAGEMENT, CREDENTIALING AND COORDINATING CONTINUING MEDICAL EDUCATION OF PHYSICIANS INCLUDING VARIOUS HOSPITAL MEDICAL STAFF AND ADVANCED SERVICE PROVIDERS INCLUDING MEDICAL STAFF PRESIDENTS, THE CAMPUS CHIEF PHYSICIANS, AND THE SYSTEM DEPARTMENT CHAIRMEN OF VARIOUS HOSPITALS' SPECIALTIES.

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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 $238,745
Program Service Revenue $2,680,355
Investment Income $17,705,051
Other Revenue $3,958,920
TOTAL REVENUE $24,583,071

Expense Breakdown

Grants Paid $0
Salaries & Benefits $-1,481,588
Fundraising Expenses $0
Program Expenses $4,917,208
Other Expenses $7,275,465
TOTAL EXPENSES $5,793,877

Year-over-Year Comparison

2022 2021 Change
Revenue $24,583,071 $4,636,340 +4.3%
Expenses $5,793,877 $7,455,745 -0.2%
Net Income $18,789,194 $-2,819,405 -7.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
25
Independent Members
21
Employees
65
Volunteers
21

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
5
$4,742,382
Total Directors
25
$2,931,968
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN J LYNCH III PRESIDENT, CEO & TRUSTEE 1.0
Officer Director
$0 $597,253 $2,602,428
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
Ernest Gillan MD Trustee 1.0
Director
$225,540 $0 $225,540
Eileen Carr ASSISTANT SECRETARY 1.0
Officer
$0 $27,551 $157,568
EMMA SIMPSON TRUSTEE 1.0
Director
$95,000 $0 $95,000
Cheryl Koch MD Trustee 1.0
Director
$9,000 $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
N Peter Hamilton 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
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 $24,583,071 $5,793,877 $63,081,235 $18,789,194
2022 $4,636,340 $7,455,745 $64,222,702 $-2,819,405
2022 $4,636,340 $7,455,745 $64,222,702 $-2,819,405
2021 $5,581,141 $7,619,429 $95,349,186 $-2,038,288
2020 $8,537,974 $7,971,968 $72,946,788 $566,006
2019 $6,140,224 $7,923,311 $67,290,112 $-1,783,087
2018 $5,397,160 $10,080,783 $68,512,801 $-4,683,623
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