METHODIST ASSOCIATES IN HEALTHCARE INC

EIN: 232678055 501(c)(3) Health Care

PHILADELPHIA, PA

Total Revenue
$119,539,825
Total Expenses
$149,205,057
Total Assets
$18,799,786
Net Assets
$-279,876,818
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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
1992
Legal Domicile
PA
Principal Officer
EDMUND PRIBITKIN MD MBA
Phone
2155038958
Tax Period
2023-07-01 to 2024-06-30

METHODIST ASSOCIATES IN HEALTHCARE INC, founded in 1992, is a major nonprofit in the Health Care sector that reported $119.5M in total revenue in fiscal year 2023. Revenue surged 22% from the prior year, signaling strong growth momentum. Expenses of $149.2M exceeded revenue, resulting in a 25% operating deficit.

Mission

TO PROMOTE, SPONSOR AND RENDER MEDICAL CARE AND OTHER HEALTHCARE SERVICES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $119,539,825
Investment Income $0
Other Revenue $0
TOTAL REVENUE $119,539,825

Expense Breakdown

Grants Paid $0
Salaries & Benefits $91,564,466
Fundraising Expenses $171,206
Program Expenses $140,095,097
Other Expenses $57,640,591
TOTAL EXPENSES $149,205,057

Year-over-Year Comparison

2023 2022 Change
Revenue $119,539,825 $98,340,044 +0.2%
Expenses $149,205,057 $128,969,442 +0.2%
Net Income $-29,665,232 $-30,629,398 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
4
Independent Members
N/A
Employees
324
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
3
$430,578
Total Directors
4
$933,144
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GAURAV JAIN MD NEUROSURGEON 55.0
Highest
$1,866,703 $32,977 $1,899,680
SALIL SHAH MD CARDIOTHORACIC SURGEON 55.0
Highest
$1,558,206 $32,977 $1,591,183
HEKMAT ZARZOUR MD NEUROSURGEON 55.0
Highest
$1,488,241 $32,977 $1,521,218
ROBERT ELLIOTT MD NEUROSURGEON 55.0
Highest
$1,354,566 $17,557 $1,372,123
RAVICHANDRA MADINENI MD NEUROSURGEON 55.0
Highest
$1,161,411 $36,978 $1,198,389
PATRICK COCKEY DIRECTOR 55.0
Director
$0 $57,405 $502,566
ANDREW NATHANS TREASURER - DIRECTOR 55.0
Officer Director
$0 $62,373 $430,578
DIXIEANNE P JAMES DIRECTOR; EX-OFFICIO 55.0
Director
$0 $0 $0
EDMUND PRIBITKIN MD MBA PRESIDENT - DIRECTOR 55.0
Officer Director
$0 $0 $0
CRISTINA G CAVALIERI ESQ SECRETARY 60.0
Officer
$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 $119,539,825 $149,205,057 $18,799,786 $-29,665,232
2023 $98,340,044 $128,969,442 $15,579,420 $-30,629,398
2022 $80,632,109 $105,848,708 $12,640,957 $-25,216,599
2021 $82,379,457 $104,975,084 $11,743,117 $-22,595,627
2020 $78,122,223 $105,736,561 $14,717,852 $-27,614,338
2019 $80,583,186 $97,369,296 $14,562,823 $-16,786,110
2018 $45,400,975 $61,555,130 $14,556,253 $-16,154,155
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