HOLZER HOSPITAL FOUNDATION

EIN: 314379491 501(c)(3) Health Care

GALLIPOLIS, OH

Total Revenue
$220,846,143
Total Expenses
$181,493,807
Total Assets
$136,639,968
Net Assets
$84,477,851
🔒

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
1910
Legal Domicile
OH
Principal Officer
MICHAEL CANADY
Phone
7404465060
Tax Period
2022-07-01 to 2023-06-30

HOLZER HOSPITAL FOUNDATION, founded in 1910, is a major nonprofit in the Health Care sector that reported $220.8M in total revenue in fiscal year 2022. The organization ran a surplus of $39.4M, a strong 18% operating margin.

Mission

FRIENDLY VISITS, EXCELLENT CARE; EVERY PATIENT, EVERY TIME.

Program Service Accomplishments

Program 1
Expenses: $167,927,593 Revenue: $215,402,601

THE HOSPITAL ACCEPTS ALL PATIENTS REGARDLESS OF THEIR ABILITY TO PAY. A PATIENT IS CLASSIFIED AS A CHARITY PATIENT BY REFERENCE TO CERTAIN ESTABLISHED POLICIES OF THE HOSPITAL. IN ASSESSING A...

Read more

THE HOSPITAL ACCEPTS ALL PATIENTS REGARDLESS OF THEIR ABILITY TO PAY. A PATIENT IS CLASSIFIED AS A CHARITY PATIENT BY REFERENCE TO CERTAIN ESTABLISHED POLICIES OF THE HOSPITAL. IN ASSESSING A PATIENT'S INABILITY TO PAY, THE HOSPITAL COMPARES INCURRED CHARGES WITH GENERALLY RECOGNIZED POVERTY INCOME LEVELS AND THE PATIENT'S FINANCIAL RESOURCES. BECAUSE THE HOSPITAL DOES NOT EXPECT TO RECEIVE PAYMENT FOR AMOUNTS DETERMINED TO QUALIFY AS CHARITY CARE, THESE AMOUNTS ARE NOT REPORTED AS NET PATIENT SERVICE REVENUES. CONSISTENT WITH ITS MISSION, THE HOSPITAL PROVIDES COMMUNITY SERVICES INTENDED TO BENEFIT THE UNDERSERVED AND ENHANCE THE HEALTH STATUS OF THE COMMUNITY. THE HOSPITAL OPERATES A 24 HOUR PER DAY, 7 DAY PER WEEK EMERGENCY ROOM PROVIDING CARE TO ALL PATIENTS. THE HOSPITAL OPERATES HOLZER HOSPICE.CONTINUING EDUCATION, CERTIFICATION PROGRAMS, AND INFORMATIONAL SEMINARS ARE CONDUCTED FOR BOTH HOSPITAL AND MEDICAL STAFF. HEALTH FAIRS ARE CONDUCTED AT NO CHARGE. ADDITIONALLY, THE HOSPITAL'S MOBILE UNIT IS TAKEN TO COMMUNITY EVENTS TO PERFORM FREE SCREENINGS, AND DISPENSE EDUCATIONAL MATERIALS. HOSPITAL STAFF ALSO RESPONDS TO REQUESTS FROM EMPLOYERS AND COMMUNITY GROUPS, ALONG WITH SENIOR CITIZEN CENTERS, FOR SCREENINGS AND INFORMATIONAL PROGRAMS. EDUCATIONAL SUPPORT GROUPS, SUCH AS DIABETES AND CANCER, AND AN EDUCATIONAL GROUP MEETING FOR STROKES, ARE SPONSORED BY THE HOSPITAL. THE HOSPITAL'S MEETING ROOMS ARE MADE AVAILABLE TO ORGANIZATIONS AT NO CHARGE FOR HEALTH-RELATED PROGRAMMING AND MEETINGS. ADDITIONALLY, CIVIC AND PROFESSIONAL ORGANIZATIONS ARE INVITED TO THE HOSPITAL REGULARLY FOR PROGRAMS THAT ARE EDUCATIONAL AND INFORMATIONAL ON HEALTH CARE SERVICES AS DEVELOPED.SPEAKERS FROM THE HOSPITAL STAFF ARE AVAILABLE AND RESPOND TO SPEAKING INVITATIONS FOR GROUPS AND ORGANIZATIONS IN THE HOSPITAL'S SERVICE AREA. THE HOSPITAL OFFERS MANY SERVICES TO THE COMMUNITY AT NOMINAL OR NO CHARGE, INCLUDING BLOOD PRESSURE AND BLOOD SUGAR SCREENINGS, CHOLESTEROL CHECKS, HEMOGLOBIN, PULSE OXIMETRY, PROSTATE CHECKS, BONE DENSITY, AND TUMOR REGISTRY. THE PEDIATRIC UNIT WORKS IN CONJUNCTION WITH THE GALLIA COUNTY HEALTH DEPARTMENT IN PROMOTING FREE IMMUNIZATIONS. THE HOSPITAL ALSO PROVIDES EDUCATIONAL PROGRAMS AND SCREENINGS, AND DISCOUNTS AT THE HOSPITAL'S GIFT SHOP, CAFETERIA, AND PHARMACY IN CONJUNCTION WITH ITS MAXWELL 50 PROGRAM. ASSISTANCE IS ALSO PROVIDED TO SENIOR CITIZENS AND OTHER PATIENTS AND THEIR FAMILIES WITH THE SUBMISSIONS OF FORMS FOR INSURANCE, FINANCIAL COUNSELING, AND APPLICATION TO THE MEDICARE AND MEDICAID PROGRAMS FOR HEALTH SERVICE COVERAGE. COSTS ASSOCIATED WITH THESE PROGRAMS ARE INCLUDED IN THE HOSPITAL'S EXPENSES.

🔒

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 (2022)

Revenue Breakdown

Contributions & Grants $3,810,804
Program Service Revenue $215,402,601
Investment Income $400,210
Other Revenue $1,232,528
TOTAL REVENUE $220,846,143

Expense Breakdown

Grants Paid $0
Salaries & Benefits $80,954,172
Fundraising Expenses $0
Program Expenses $167,927,593
Other Expenses $100,539,635
TOTAL EXPENSES $181,493,807

Year-over-Year Comparison

2022 2021 Change
Revenue $220,846,143 $212,026,911 +0.0%
Expenses $181,493,807 $169,212,932 +0.1%
Net Income $39,352,336 $42,813,979 -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
9
Independent Members
N/A
Employees
1711
Volunteers
45

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
6
$1,157,541
Total Directors
10
$1,128,642
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ADAM RITCHIE MD TRUSTEE - MEDICAL STAFF PRESIDENT 1.00
Director
$0 $8,313 $502,229
BRENT SAUNDERS TRUSTEE 1.00
Director
$0 $6,181 $452,413
STEVE CHAPMAN CHAIR 1.00
Officer Director
$0 $0 $24,000
TOM WISEMAN VICE CHAIR 1.00
Officer Director
$0 $0 $24,000
LARRY KIDD TREASURER 1.00
Officer Director
$0 $0 $24,000
GARY ROACH SECRETARY 1.00
Officer Director
$0 $0 $24,000
BRAD MUNN TRUSTEE 1.00
Director
$0 $0 $24,000
BOB GRILLO TRUSTEE 1.00
Director
$0 $0 $24,000
PAUL REED TRUSTEE 1.00
Director
$0 $0 $24,000
DANNY HOLSCHUH TRUSTEE - PART YEAR 1.00
Director
$0 $0 $6,000
MICHAEL CANADY MD CEO - HHS 1.00
Officer
$0 $12,013 $677,833
MICHAEL HAYNES CFO - HHS 1.00
Officer
$0 $6,857 $383,708
JAMES MILLER VP-AMBULATORY SERVICES 50.00
Highest
$192,490 $3,850 $196,340
DAVID CARR JR PHARMACIST 50.00
Highest
$171,957 $24,080 $196,037
THOMAS MOORE VP-AMBULATORY OPERATIONS 50.00
Highest
$191,346 $3,500 $194,846
LORI CREMEANS VP-OPERATIONS JACKSON 50.00
Highest
$186,306 $5,123 $191,429
ROBERT MASSIE VP-POST ACUTE CARE SERVICE 50.00
Highest
$172,306 $3,146 $175,452
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 No data No data No data No data
2023 $220,846,143 $181,493,807 $136,639,968 $39,352,336
2022 $212,026,911 $169,212,932 $152,039,972 $42,813,979
2021 $203,325,848 $160,936,369 $148,557,850 $42,389,479
2020 $188,951,450 $153,146,665 $115,563,535 $35,804,785
2019 $187,852,884 $149,205,057 $105,476,903 $38,647,827
2018 $193,454,436 $152,466,349 $103,143,721 $40,988,087
Explore More Nonprofits
Top 100 Nonprofits in Ohio Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare HOLZER HOSPITAL FOUNDATION with other nonprofits in Ohio and across the country.