WAYNE MEMORIAL HOSPITAL

EIN: 240798839 501(c)(3) Health Care

HONESDALE, PA

Total Revenue
$116,278,657
Total Expenses
$119,190,911
Total Assets
$193,293,138
Net Assets
$113,054,900
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1907
Legal Domicile
PA
Phone
5702538100
Tax Period
2023-07-01 to 2024-06-30

WAYNE MEMORIAL HOSPITAL, founded in 1907, is a major nonprofit in the Health Care sector that reported $116.3M in total revenue in fiscal year 2023.

Mission

IT IS THE MISSION OF WAYNE MEMORIAL HOSPITAL TO PROVIDE QUALITY HEALTHCARE WITH COMPASSION, ADVOCACY, RESPECT, EXCELLENCE, AND SERVICE; TO PROMOTE WELLNESS IN OUR COMMUNITY; AND TO BE PROACTIVE IN RESPONDING TO OUR COMMUNITY'S NEEDS.

Program Service Accomplishments

Program 1
Expenses: $74,704,626 Revenue: $81,847,300

A VARIETY OF OUTPATIENT SERVICES ARE OFFERED INCLUDING LAB, RADIOLOGY, INTERVENTIONAL RADIOLOGY, AND REHABILITATION SERVICES SUCH AS CARDIAC, PHYSICAL, OCCUPATIONAL AND SPEECH THERAPIES. WMH ALSO...

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A VARIETY OF OUTPATIENT SERVICES ARE OFFERED INCLUDING LAB, RADIOLOGY, INTERVENTIONAL RADIOLOGY, AND REHABILITATION SERVICES SUCH AS CARDIAC, PHYSICAL, OCCUPATIONAL AND SPEECH THERAPIES. WMH ALSO PROVIDES OUTPATIENT EMERGENCY AND DIAGNOSTIC SERVICES AND A WOMEN'S HEALTH CENTER. OUR PHYSICIAN SPECIALTY CLINIC OFFERS OUTPATIENT PULMONARY, GASTROENTEROLOGY, UROLOGY, UROGYNECOLOGY, CARDIOLOGY, NEPHROLOGY, NEUROLOGY, SLEEP, AND GENERAL SURGERY SERVICES. WMH FEATURES OVER 30 MEDICAL SPECIALTIES AND INCLUDES A CERTIFIED PRIMARY STROKE CENTER, A LEVEL IV TRAUMA CENTER AND A CERTIFIED CARDIAC CATHETERIZATION LABORATORY. OUR EMERGENCY DEPARTMENT OFFERS PHYSICIAN CARE 24 HOURS A DAY TO ALL, REGARDLESS OF ABILITY TO PAY.

Program 2
Expenses: $22,766,468 Revenue: $24,951,904

INPATIENT SERVICES PROVIDES A FULL CONTINUUM OF CARE, FROM BIRTHING SUITES TO ENDOSCOPY, CARDIOLOGY PROCEDURES, RESPIRATORY THERAPY, IMAGING SCANS, AND HOSPICE CARE FOR THE POPULATION WE SERVE OF...

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INPATIENT SERVICES PROVIDES A FULL CONTINUUM OF CARE, FROM BIRTHING SUITES TO ENDOSCOPY, CARDIOLOGY PROCEDURES, RESPIRATORY THERAPY, IMAGING SCANS, AND HOSPICE CARE FOR THE POPULATION WE SERVE OF APPROXIMATELY 100,000 PEOPLE IN MOSTLY RURAL WAYNE AND PIKE COUNTIES AND SURROUNDING AREAS IN NORTHEASTERN PENNSYLVANIA. OUR HOSPITAL HAS 90 ACUTE-CARE BEDS, INCLUDING 50 IN PRIVATE ROOMS, AND AN ADDITIONAL 14 BEDS DEDICATED TO INPATIENT REHABILITATION.

Program 3
Expenses: $2,646,819 Revenue: $2,900,896

THE ORGANIZATION PROVIDED HOSPICE SERVICES AND RELATED SUPPORT TO 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 (2023)

Revenue Breakdown

Contributions & Grants $766,467
Program Service Revenue $109,700,100
Investment Income $5,042,900
Other Revenue $769,190
TOTAL REVENUE $116,278,657

Expense Breakdown

Grants Paid $26,000
Salaries & Benefits $58,886,603
Fundraising Expenses $0
Program Expenses $100,117,913
Other Expenses $60,278,308
TOTAL EXPENSES $119,190,911

Year-over-Year Comparison

2023 2022 Change
Revenue $116,278,657 $120,894,839 0.0%
Expenses $119,190,911 $117,805,445 +0.0%
Net Income $-2,912,254 $3,089,394 -1.9%
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
15
Independent Members
12
Employees
943
Volunteers
131

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
9
$601,425
Total Directors
17
$893,858
Key Employees
2
$389,974
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
FRANK BORELLI TREASURER END; TRUSTEE BEG 10/23 0.8
Officer Director
$0 $0 $0
HUGH RECHNER CHAIRMAN 0.8
Officer Director
$0 $0 $0
JOANN HUDAK 1ST VICE CHAIR 0.8
Officer Director
$0 $0 $0
KATE BRYANT TREASURER BEG 10/23 0.8
Officer Director
$0 $0 $0
MARY BETH WOOD VICE CHAIR BEG 10/23 0.8
Officer Director
$0 $0 $0
MARY BURNS HOFF SECRETARY 0.8
Officer Director
$0 $0 $0
WENDELL HUNT 2ND VICE CHAIR END 12/23 0.8
Officer Director
$0 $0 $0
BRAD KIESENDAHL TRUSTEE 0.8
Director
$0 $0 $0
CHRISTINE RECHNER TRUSTEE 0.8
Director
$0 $0 $0
DIANE POPOVICH TRUSTEE 0.8
Director
$0 $0 $0
DR JASON ZIELINSKI TRUSTEE/PRES MED STAFF 0.8
Director
$0 $0 $0
DR SEAN MCVEIGH TRUSTEE/CHIEF OF MEDICAL STAFF 39.2
Director
$544,740 $24,063 $568,803
DR SYBIL RICKARD TRUSTEE/VICE PRESIDENT OF MEDICAL STAFF 39.2
Director
$300,287 $24,768 $325,055
KEITH GUNUSKEY TRUSTEE 0.8
Director
$0 $0 $0
NANCY MORO TRUSTEE END 09/23 0.8
Director
$0 $0 $0
NANCY PROPST TRUSTEE 0.8
Director
$0 $0 $0
PAUL KARPIAK TRUSTEE 0.8
Director
$0 $0 $0
JAMES PETTINATO CHIEF EXECUTIVE OFFICER 36.9
Officer
$0 $46,951 $371,905
PATRICIA DUNSINGER CHIEF FINANCIAL OFFICER 18.8
Officer
$0 $12,405 $229,520
CHANDRA ROBERTS CHIEF OF PATIENT CARE SERVICES 39.2
Key Emp
$0 $15,666 $165,741
JAMES HOCKENBURY CHIEF OF ANCILLARY SERVICES 34.0
Key Emp
$0 $19,602 $224,233
DR CLIFFORD CARROL PHYSICIAN 40.0
Highest
$677,489 $14,007 $691,496
DR DAVID CAUCCI PHYSICIAN 40.0
Highest
$645,945 $29,778 $675,723
DR JOSEPH LAURETI PHYSICIAN 40.0
Highest
$502,834 $21,588 $524,422
DR KEITH CORDISCHI PHYSICIAN 40.0
Highest
$533,849 $19,387 $553,236
DR UZOMA ANAELE PHYSICIAN 40.0
Highest
$580,077 $21,588 $601,665
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 $116,278,657 $119,190,911 $193,293,138 $-2,912,254
2023 $120,894,839 $117,805,445 $189,530,684 $3,089,394
2022 $118,979,308 $118,272,925 $180,093,733 $706,383
2021 $114,212,432 $104,109,708 $205,774,569 $10,102,724
2020 $98,018,826 $94,954,712 $176,027,164 $3,064,114
2019 $97,826,744 $92,375,638 $169,481,273 $5,451,106
2018 $99,361,913 $97,824,912 $164,931,224 $1,537,001
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