PROMEDICA COURIER SERVICES INC

EIN: 260324790 501(c)(3) Health Care

TOLEDO, OH

Total Revenue
$3,771,332
Total Expenses
$3,666,845
Total Assets
$1,236,662
Net Assets
$709,617
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2007
Legal Domicile
OH
Principal Officer
TERRENCE METZGER
Phone
4192525772
Tax Period
2023-01-01 to 2023-12-31

PROMEDICA COURIER SERVICES INC, founded in 2007, is a community nonprofit in the Health Care sector that reported $3.8M in total revenue in fiscal year 2023.

Mission

PROMEDICA COURIER SERVICES, INC. PROVIDES MAIL AND SPECIMEN COURIER SERVICES TO ALL ENTITIES AFFILIATED WITH PROMEDICA HEALTH SYSTEM, INC.

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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 $3,766,082
Investment Income $5,250
Other Revenue $0
TOTAL REVENUE $3,771,332

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,765,480
Fundraising Expenses $0
Program Expenses $3,666,845
Other Expenses $901,365
TOTAL EXPENSES $3,666,845

Year-over-Year Comparison

2023 2022 Change
Revenue $3,771,332 $3,861,121 0.0%
Expenses $3,666,845 $3,861,131 -0.1%
Net Income $104,487 $-10 -10449.7%
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
27
Independent Members
19
Employees
N/A
Volunteers
19

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
4
$4,599,827
Total Directors
27
$9,202,222
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ARTURO POLIZZI PRESIDENT AND CEO 1.00
Officer Director
$0 $5,857 $2,127,450
LOUIS ROBICHAUX TREASURER - PART YEAR 1.00
Officer Director
$0 $0 $0
TERRENCE METZGER TRUSTEE/TREASURER 1.00
Officer Director
$0 $4,079 $1,059,169
STEVE SADOWSKI CHIEF LEGAL OFFICER 1.00
Officer Director
$0 $6,028 $1,413,208
LISA HAWKER TRUSTEE 1.00
Director
$0 $0 $40,000
BILL MCDONNELL TRUSTEE 1.00
Director
$0 $0 $0
NANCY KABAT TRUSTEE 1.00
Director
$0 $0 $0
MARCY BROWN TRUSTEE 1.00
Director
$0 $0 $0
LISA MILLER TRUSTEE/DIRECTOR 1.00
Director
$0 $4,657 $95,170
KATHLEEN MERRILL TRUSTEE 1.00
Director
$0 $0 $0
LAURA KLINE TRUSTEE 1.00
Director
$0 $0 $0
AMANDA KISSNER TRUSTEE 1.00
Director
$0 $0 $0
LINDA THIEL TRUSTEE 1.00
Director
$0 $0 $0
BARRY LUSE TRUSTEE 1.00
Director
$0 $0 $0
SUE VANISACKER TRUSTEE 1.00
Director
$0 $0 $0
KRISTINE BRENNER TRUSTEE 1.00
Director
$0 $0 $0
JIM BRENNAN TRUSTEE 1.00
Director
$0 $0 $0
VICTOR CHERFAN TRUSTEE/PHYSICIAN 1.00
Director
$0 $0 $659,149
DONALD CRESCENZO TRUSTEE/PHYSICIAN 1.00
Director
$0 $0 $918,456
TIM BUBLICK TRUSTEE 1.00
Director
$0 $0 $0
EVON EBEID TRUSTEE 1.00
Director
$0 $0 $0
ALEX GERKEN TRUSTEE 1.00
Director
$0 $0 $0
KEVIN PIROZEK TRUSTEE 1.00
Director
$0 $0 $0
DAVE SNAVELY TRUSTEE 1.00
Director
$0 $0 $0
DAWN BUSKEY TRUSTEE/PRESIDENT 1.00
Director
$0 $5,337 $1,417,737
KENT BISHOP TRUSTEE/PRESIDENT 1.00
Director
$0 $4,120 $1,441,883
ROBERT LACLAIR TRUSTEE 1.00
Director
$0 $0 $30,000
STEVEN M CAVANAUGH TREASURER, CFO - FORMER 0.00
$0 $5,657 $1,340,837
JEFFREY C KUHN SECRETARY, CHIEF LEGAL OFFICER - FORMER 0.00
$0 $30,922 $779,348
GARY AKENBERGER SR VP FINANCE - FORMER 0.00
$0 $43,532 $572,179
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
2024 No data No data No data No data
2023 $3,771,332 $3,666,845 $1,236,662 $104,487
2022 $3,861,121 $3,861,131 $506,422 $-10
2021 $4,221,195 $3,527,344 $2,557,007 $693,851
2020 $3,522,000 $3,522,000 $1,188,638 No data
2019 $3,688,695 $3,688,696 $1,096,224 $-1
2018 $4,001,407 $3,984,003 $669,686 $17,404
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