PROMEDICA NORTHWEST OHIO CARDIOLOGY CONSULTANTS

EIN: 263888045 501(c)(3) Health Care

TOLEDO, OH

Total Revenue
$22,310,455
Total Expenses
$45,761,821
Total Assets
$2,944,937
Net Assets
$-8,112,818
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
MI
Principal Officer
TERRENCE METZGER
Phone
4192525772
Tax Period
2023-01-01 to 2023-12-31

PROMEDICA NORTHWEST OHIO CARDIOLOGY CONSULTANTS, founded in 2008, is a mid-sized nonprofit in the Health Care sector that reported $22.3M in total revenue in fiscal year 2023. Expenses of $45.8M exceeded revenue, resulting in a 105% operating deficit.

Mission

AS AN INTEGRAL PART OF PROMEDICA HEALTH SYSTEM, INC., WE WILL BE THE PREMIER COMMUNITY-BASED MANAGEMENT SERVICES ORGANIZATION AND PROVIDER OF RELATED HEALTHCARE SERVICES FOR NORTHWEST OHIO/SOUTHEAST MICHIGAN, OFFERING QUALITY, COST-EFFECTIVE, EFFICIENT, AND VALUE-ADDED SERVICES TO ACHIEVE SUPERIOR PATIENT SATISFACTION AND A FINANCIALLY VIABLE NETWORK OF PHYSICIANS SUPPORTING THE MEDICAL NEEDS OF THE COMMUNITY.

Program Service Accomplishments

Program 1
Expenses: $43,434,304 Revenue: $22,308,235

SERVING INDIVIDUALS AND FAMILIES IN NORTHWEST OHIO AND SOUTHEAST MICHIGAN, PROMEDICA NORTHWEST OHIO CARDIOLOGY CONSULTANTS, A SUBSIDIARY OF PROMEDICA PHYSICIAN GROUP (PPG), SPECIALIZES IN CARDIOLOGY...

Read more

SERVING INDIVIDUALS AND FAMILIES IN NORTHWEST OHIO AND SOUTHEAST MICHIGAN, PROMEDICA NORTHWEST OHIO CARDIOLOGY CONSULTANTS, A SUBSIDIARY OF PROMEDICA PHYSICIAN GROUP (PPG), SPECIALIZES IN CARDIOLOGY AS PART OF A A LARGE SELECTION OF PHYSICIANS AND ADVANCED PRACTICE PROVIDERS WHO PROVIDE MEDICAL CARE AND OTHER HEALTHCARE SERVICES VIA AN INTEGRATED APPROACH THROUGH WHICH THEY COLLABORATE WITH OTHER PROVIDERS. THIS INTEGRATED DELIVERY IS MORE COST-EFFECTIVE THAN TRADITIONAL DELIVERY SYSTEMS AND HELPS TO ENSURE PATIENTS HAVE BETTER ACCESS TO CARE IN THE MOST APPROPRIATE SETTING. PROMEDICA NORTHWEST OHIO CARDIOLOGY CONSULTANTS IS PART OF PROMEDICA HEALTH SYSTEM, INC. (PROMEDICA), A MISSION-BASED, LOCALLY OWNED, NONPROFIT HEALTHCARE ORGANIZATION HIGHLY FOCUSED ON ACHIEVING CORE VALUES. HEADQUARTERED IN TOLEDO, OHIO, PROMEDICA SERVES 28 STATES ACROSS THE COUNTRY AND IS ONE OF THE NATION'S LEADING HEALTH SYSTEMS. OUR STEWARDSHIP OF RESOURCES HAS ENABLED US TO WISELY INVEST IN PATIENT-CENTERED CARE, ADVANCED TECHNOLOGY, INNOVATIVE PROGRAMS, AND FAMILY-ORIENTED FACILITIES THAT HELP TO ENSURE PATIENTS AND AREA RESIDENTS HAVE EQUAL ACCESS TO HIGH-QUALITY, SAFE CARE IN THE MOST APPROPRIATE SETTING, REGARDLESS OF PATIENTS' ABILITY TO PAY. PPG'S WELL-EQUIPPED PHYSICIAN FACILITIES ARE LOCATED IN APPROXIMATELY 200 LOCATIONS, AND ITS NETWORK IS COMPRISED OF MORE THAN 1,200 HEALTHCARE PROVIDERS CERTIFIED IN MORE THAN 50 SPECIALTIES, INCLUDING ANESTHESIOLOGY, BARIATRICS, CARDIOLOGY, CRITICAL CARE, ENT, FAMILY MEDICINE, GASTROENTEROLOGY, GENERAL SURGERY, HEMATOLOGY-ONCOLOGY, HOSPITALISTS, INTERNAL MEDICINE, NEUROLOGY AND NEUROSURGERY, OBSTETRICS/GYNECOLOGY, OCCUPATIONAL MEDICINE, OPHTHALMOLOGY, ORTHOPEDIC SURGERY, PEDIATRIC CARDIOLOGY, PEDIATRIC CRITICAL CARE MEDICINE, PEDIATRICS, PSYCHIATRY, SPORTS CARE, SURGICAL ONCOLOGY, UROLOGY, AND VASCULAR MEDICINE. PPG CONDUCTED APPROXIMATELY 2 MILLION PATIENT ENCOUNTERS IN 2023. ADDITIONALLY, PPG PRIMARY CARE PRACTICES NOW SCREEN FOR 5 DIFFERENT SOCIAL DETERMINANTS SCREENS FOR AREAS SUCH AS FOOD INSECURITY, FINANCIAL. PATIENTS SCREENING POSITIVE ARE CONNECTED TO COMMUNITY RESOURCES TO IMPROVE HEALTH AND WELL-BEING. PNWOCC ALSO PROVIDED A SIGNIFICANT AMOUNT OF FINANCIAL ASSISTANCE TO THE COMMUNITY DURING 2023, OF WHICH $371,867 REPRESENTED UNCOMPENSATED AMOUNTS FOR TREATMENT OF PATIENTS WHO DID NOT HAVE THE FINANCIAL RESOURCES TO PAY FOR HOSPITAL SERVICES. FINANCIAL ASSISTANCE REPRESENTS THE COST TO PROVIDE SERVICE AND DOES NOT INCLUDE THE COSTS FOR ACCOUNTS WRITTEN OFF TO BAD DEBT FOR PATIENTS WHO DO NOT PAY THEIR BILLS. ITS COST OF BAD DEBT FOR 2023 TOTALED $587,151. DURING 2023, PNWOCC EXPENDED $23,123,570 IN NET PAYROLL, PROVIDING 221 JOBS. A TOTAL OF $1,315,039 WAS WITHHELD FROM EMPLOYEES IN STATE AND LOCAL TAXES.IN SUMMARY, PPG AND ITS SUBSIDIARIES DEMONSTRATE THEIR MISSION AND CORE VALUES BY PROVIDING HIGH-QUALITY HEALTH CARE TO ALL PATIENTS, REGARDLESS OF THEIR RACE, CREED, SEX, NATIONAL ORIGIN, DISABILITY OR AGE. AND, WE RECOGNIZE THAT NOT ALL INDIVIDUALS POSSESS THE ABILITY TO PURCHASE ESSENTIAL MEDICAL CARE. THEREFORE, PROMEDICA PROVIDES THESE HEALTHCARE SERVICES; RECRUITS AND TRAINS HEALTHCARE PROFESSIONALS TO SERVE THE BROADER COMMUNITY; PROVIDES APPROPRIATE FINANCIAL ASSISTANCE; OFFERS SERVICES AND CONTRIBUTIONS TO OTHER NONPROFIT ORGANIZATIONS THAT ALLOW THEM TO PROVIDE KEY SERVICES TO THEIR CONSTITUENTS; AND PRESENTS FREE EDUCATIONAL CLASSES, HEALTH FAIRS AND OTHER ACTIVITIES TO OUR LOCAL COMMUNITY TO HELP ENSURE ALL MEMBERS HAVE EQUAL ACCESS TO CARE.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,220
Program Service Revenue $22,308,235
Investment Income $0
Other Revenue $0
TOTAL REVENUE $22,310,455

Expense Breakdown

Grants Paid $0
Salaries & Benefits $39,582,071
Fundraising Expenses $0
Program Expenses $43,434,304
Other Expenses $6,179,750
TOTAL EXPENSES $45,761,821

Year-over-Year Comparison

2023 2022 Change
Revenue $22,310,455 $21,224,074 +0.1%
Expenses $45,761,821 $42,648,954 +0.1%
Net Income $-23,451,366 $-21,424,880 +0.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
27
Independent Members
19
Employees
279
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
26
$7,074,772
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
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 TRUSTEE/SECRETARY 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
ARTURO POLIZZI PRESIDENT AND CEO 1.00
Officer
$0 $5,857 $2,127,450
AHMAD YOUNES PHYSICIAN 45.00
Highest
$1,076,750 $10,151 $1,086,901
ROBERT GRANDE PHYSICIAN 45.00
Highest
$784,999 $5,462 $790,461
RAJENDRA KATTAR PHYSICIAN 45.00
Highest
$778,231 $5,462 $783,693
MUJEEB SHEIKH PHYSICIAN 45.00
Highest
$768,868 $5,462 $774,330
JAYDUTT PATEL PHYSICIAN 45.00
Highest
$766,524 $6,776 $773,300
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 $22,310,455 $45,761,821 $2,944,937 $-23,451,366
2022 $21,224,074 $42,648,954 $2,856,852 $-21,424,880
2021 $21,821,375 $42,513,810 $2,020,933 $-20,692,435
2020 $17,139,068 $35,933,721 $4,384,581 $-18,794,653
Explore More Nonprofits
Top 100 Nonprofits in Ohio Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare PROMEDICA NORTHWEST OHIO CARDIOLOGY CONSULTANTS with other nonprofits in Ohio and across the country.