BUTLER HEALTHCARE PROVIDERS (EIN 250965274) - Form 990 Financial Analysis & Trantor Score

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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

1898

Legal Domicile

Principal Officer

KENNETH P DEFURIO

Phone

7242844166

Tax Period

2023-07-01 to 2024-06-30

BUTLER HEALTHCARE PROVIDERS, founded in 1898, is a major nonprofit in the Health Care sector that reported $324.6M in total revenue in fiscal year 2023. Expenses of $296.6M left a modest 9% surplus.

Mission

BUTLER HEALTHCARE PROVIDERS, AN AFFILIATE OF INDEPENDENCE HEALTH SYSTEM, WILL BE RECOGNIZED AS THE PREMIER PROVIDER OF HIGH QUALITY, VALUE-DRIVEN AFFORDABLE INTEGRATED CARE IN THE REGION. WE WILL ACHIEVE THIS THROUGH UNWAVERING COMMITMENT TO INDIVIDUAL AND ORGANIZATIONAL EXCELLENCE AND TECHNOLOGICAL INNOVATION.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,242,479

Program Service Revenue $310,140,580

Investment Income $5,816,131

Other Revenue $7,382,995

TOTAL REVENUE $324,582,185

Expense Breakdown

Grants Paid $0

Salaries & Benefits $128,686,575

Fundraising Expenses $0

Program Expenses $271,973,513

Other Expenses $167,958,084

TOTAL EXPENSES $296,644,659

Year-over-Year Comparison

	2023	2022	Change
Revenue	$324,582,185	$311,733,923	+0.0%
Expenses	$296,644,659	$361,808,591	-0.2%
Net Income	$27,937,526	$-50,074,668	-1.6%

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

Governance

Voting Members

Independent Members

Employees

2325

Volunteers

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

$5,469,691

Total Directors

$2,816,289

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KENNETH P DEFURIO	PRESIDENT & CEO	20.00	Officer Director	$1,082,276	$23,946	$1,106,222
PAUL BACHARACH	CHAIR	4.00	Officer Director	$0	$0	$0
TIMOTHY MORGUS	VICE CHAIR	4.00	Officer Director	$0	$0	$0
PATRICK HAMPSON	SECRETARY	2.00	Officer Director	$0	$0	$0
JEFFREY CURRY	TREASURER	4.00	Officer Director	$0	$0	$0
ANIE PERARD MD	TRUSTEE/PHYSICIAN	3.00	Director	$0	$20,625	$381,579
JOHN REEFER MD	TRUSTEE/PHYSICIAN	40.00	Director	$247,100	$0	$247,100
LARRY RICHERT	TRUSTEE	1.00	Director	$0	$0	$0
JAMES ADISEY MD	TRUSTEE/PHYSICIAN	3.00	Director	$0	$27,986	$618,467
TERESA PETRICK	TRUSTEE	1.00	Director	$0	$0	$0
JOHN SPHON	TRUSTEE/FORMER PRESIDENT & CEO OF EXCELA HEALTH	1.00	Director	$0	$27,599	$462,921
DEBRA THOMPSON PHD RN	TRUSTEE	1.00	Director	$0	$0	$0
DAVID ROTTINGHAUS	PHYSICIAN & PROVIDER NETWORK PRESIDENT	40.00	Officer	$633,696	$26,064	$659,760
NORMAN K BEALS	CHIEF WELLNESS OFFICER	40.00	Officer	$292,583	$22,198	$314,781
MICHAEL FIORINA DO	ASSISTANT CHIEF MEDICAL OFFICER	60.00	Officer	$439,813	$26,419	$466,232
KAREN ALLEN	PRESIDENT, BUTLER MEMORIAL & CLARION HOSPITALS	40.00	Officer	$503,584	$26,572	$530,156
THOMAS GENEVRO	CHIEF HUMAN RESOURCES OFFICER	40.00	Officer	$374,593	$26,592	$401,185
KATHY SELVAGGI	CHIEF COMMUNITY HEALTH OFFICER	60.00	Officer	$287,794	$22,929	$310,723
ROGER LUTZ	CHIEF INFORMATION OFFICER	60.00	Officer	$378,451	$26,332	$404,783
HILARY HARLAN	CHIEF COMPLIANCE OFFICER	45.00	Officer	$187,498	$17,054	$204,552
THOMAS S ALBANESI JR CPA	CHIEF FINANCIAL OFFICER	20.00	Officer	$0	$33,620	$537,275
CAROL J FOX MD	CHIEF MEDICAL OFFICER	20.00	Officer	$0	$22,697	$534,022
RANDY TEWKSBURY	EXEC DIRECTOR OF REVENUE CYCLE	45.00	Highest	$216,371	$18,682	$235,053
MELINDA HILDEBRANDT	CNO	40.00	Highest	$211,143	$10,267	$221,410
MATTHEW SCHNUR	PHARMACIST	40.00	Highest	$201,150	$23,952	$225,102
DAVID DILLON	CHIEF INTEGRATION OFFICER	40.00	Highest	$379,388	$21,007	$400,395
PAMELA HEPP ESQ	GENERAL COUNSEL	40.00	Highest	$489,925	$788	$490,713
STEVEN DAVIS	FORMER PRESIDENT CLARION HEALTH	0.00		$493,486	$20,909	$514,395
ERIC HUSS	FORMER CHIEF FINANCIAL OFFICER	0.00		$478,650	$7,307	$485,957

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	$324,582,185	$296,644,659	$383,733,665	$27,937,526
2023	$311,733,923	$361,808,591	$374,329,270	$-50,074,668
2022	$346,015,872	$349,991,725	$410,605,787	$-3,975,853
2021	$313,838,849	$308,940,144	$468,960,689	$4,898,705
2020	$278,241,497	$283,737,158	$401,551,308	$-5,495,661
2019	$298,108,701	$286,729,834	$388,929,088	$11,378,867
2018	$297,797,479	$256,271,496	$385,593,697	$41,525,983

BUTLER HEALTHCARE PROVIDERS