MARIETTA MEMORIAL HOSPITAL

EIN: 314379509 501(c)(3) Health Care

MARIETTA, OH

Total Revenue
$518,241,812
Total Expenses
$515,242,023
Total Assets
$736,621,310
Net Assets
$163,964,610
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Financial Trends

Organization Details

Formation Year
1929
Legal Domicile
OH
Principal Officer
J SCOTT CANTLEY
Phone
7403741641
Tax Period
2023-10-01 to 2024-09-30

MARIETTA MEMORIAL HOSPITAL, founded in 1929, is a major nonprofit in the Health Care sector that reported $518.2M in total revenue in fiscal year 2023.

Mission

MARIETTA MEMORIAL HOSPITAL IS A NOT-FOR-PROFIT COMMUNITY HOSPITAL WHERE SERVICE EXCELLENCE AND CLINICAL QUALITY CREATE THE REGION'S BEST EXPERIENCE FOR PATIENTS AND THEIR FAMILIES, PHYSICIANS, THE COMMUNITY, AND OUR EMPLOYEES.

Program Service Accomplishments

Program 1
Expenses: $374,302,407 Revenue: $497,445,492

DURING THE TWELVE MONTHS ENDING SEPTEMBER 30, 2024, THE HOSPITAL PROVIDED 41,388 INPATIENT CARE DAYS, 223,710 HOURS OF OBSERVATION CARE, 9,406 SURGICAL CASES, 94,868 PHYSICAL THERAPY PROCEDURES...

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DURING THE TWELVE MONTHS ENDING SEPTEMBER 30, 2024, THE HOSPITAL PROVIDED 41,388 INPATIENT CARE DAYS, 223,710 HOURS OF OBSERVATION CARE, 9,406 SURGICAL CASES, 94,868 PHYSICAL THERAPY PROCEDURES, 65,056 EMERGENCY VISITS, 962 DELIVERIES, 22,919 CHEMOTHERAPY TREATMENTS, 19,039 RADIATION TREATMENTS, 12,100 WOUND CARE VISITS, 1,203 CARDIAC CATHETERIZATIONS AND 139,087 IMAGING PROCEDURES. MARIETTA MEMORIAL BELIEVES IN MORE THAN PROVIDING THE BEST LOCAL HEALTHCARE. WE BELIEVE IN INVESTING IN OUR COMMUNITY, SUPPORTING OUR NEIGHBORS, OUR FAMILIES, AND FRIENDS. OUR COMMITMENT IS TRULY TO OUR COMMUNITY - AS AN EMPLOYER, AS A CORPORATE CITIZEN, AS A COMMUNITY RESOURCE AND AS A HEALTHCARE PROVIDER. TO THAT END, THE HOSPITAL, ITS PHYSICIANS, STAFF, AND VOLUNTEERS EXTEND THEMSELVES WELL BEYOND PATIENT CARE. WE PROVIDE COMMUNITY CLINICAL SUPPORT SERVICES, WELLNESS EDUCATION, PROGRAMS, SUPPORT GROUPS, FINANCIAL SUPPORT TO LOCAL ORGANIZATIONS, AND OUR OWN PERSONAL TIME TO ENSURE THE HIGHEST QUALITY OF LIFE FOR EVERYONE WITHIN OUR COMMUNITY. WE CALL IT GIVING BACK. PART OF OUR MISSION EXTENDS TO WELLNESS EDUCATION AND HEALTH PREVENTION. WE SPEAK OUT IN OUR COMMUNITY, WE SPONSOR SUPPORT GROUPS, WE PROVIDE DOZENS OF WELLNESS PROGRAMS, AND WE PROVIDE MONTHLY OPPORTUNITIES FOR FREE AND/OR LOW-COST HEALTH SCREENINGS. THE HOSPITAL SUPPORTS PARTNERSHIPS, COMMUNITY HEALTH COALITIONS, AREA CHAMBERS OF COMMERCE, LOCAL NOT-FOR-PROFIT ORGANIZATIONS, LOCAL SCHOOLS, AND GOVERNMENTS. ADDITIONALLY, MANY OF OUR STAFF MEMBERS, PHYSICIANS AND VOLUNTEERS DONATE THEIR TIME TO SERVE ON LOCAL BOARDS, COMMITTEES, AND ASSOCIATIONS. WE PROVIDE OPPORTUNITIES FOR LOCAL STUDENTS TO TRAIN WITHIN OUR HOSPITAL UNDER VARIOUS EDUCATIONAL PROGRAMS AND AGREEMENTS WITH AREA SCHOOL SYSTEMS. THIS SERVES BOTH THE STUDENTS AND THE COMMUNITY AS IT OFTEN INCREASES OUR SUPPLY OF LOCAL HEALTH CARE WORKERS.

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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 $15,730,984
Program Service Revenue $496,045,791
Investment Income $4,293,489
Other Revenue $2,171,548
TOTAL REVENUE $518,241,812

Expense Breakdown

Grants Paid $54,929,726
Salaries & Benefits $179,061,097
Fundraising Expenses $295,780
Program Expenses $374,302,407
Other Expenses $281,251,200
TOTAL EXPENSES $515,242,023

Year-over-Year Comparison

2023 2022 Change
Revenue $518,241,812 $496,646,699 +0.0%
Expenses $515,242,023 $481,359,999 +0.1%
Net Income $2,999,789 $15,286,700 -0.8%
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
16
Independent Members
13
Employees
3310
Volunteers
110

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
8
$1,958,128
Total Directors
16
$1,195,141
Key Employees
1
$1,201,912
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHRISTOPHER COCKERHAM MD BOARD MEMBER 1.00
Director
$0 $64,816 $694,061
STEPHEN KEISER CHAIRPERSON 1.00
Officer Director
$0 $0 $0
GREGG EMRICK VICE CHAIRPERSON 1.00
Officer Director
$0 $0 $0
THOMAS DANFORD DDS SECRETARY 1.00
Officer Director
$0 $0 $0
CAROL SCHNEEBERGER TREASURER 1.00
Officer Director
$0 $0 $0
MICHAEL ARCHER PAST CHAIRPERSON 1.00
Officer Director
$0 $0 $0
JAMES BARENGO BOARD MEMBER 1.00
Director
$0 $0 $0
COLLEEN COOK BOARD MEMBER 1.00
Director
$0 $0 $0
JOSEPH COOPER MD BOARD MEMBER 1.00
Director
$0 $47,344 $501,080
ANN HELMICK BOARD MEMBER 1.00
Director
$0 $0 $0
SHERYL HOLDREN BOARD MEMBER 1.00
Director
$0 $0 $0
MICHAEL IADEROSA BOARD MEMBER 1.00
Director
$0 $0 $0
MATTHEW POTTMEYER BOARD MEMBER (FROM 1/1/2024) 1.00
Director
$0 $0 $0
TERRY RATAICZAK BOARD MEMBER 1.00
Director
$0 $0 $0
HUGH SHERMAN PHD BOARD MEMBER (FROM 1/1/2024) 1.00
Director
$0 $0 $0
LARRY UNROE DIRECTOR EMERITUS 1.00
Director
$0 $0 $0
J SCOTT CANTLEY CEO 40.00
Officer
$1,195,686 $67,407 $1,263,093
SCOTT SILVESTRI CFO 40.00
Officer
$627,407 $67,628 $695,035
JOSEPH ZACHARIAS MD MEDICAL STAFF PRESIDENT 1.00
Officer
$0 $0 $0
DAN BREECE DO VP, PHYSICIAN SERVICES 1.00
Key Emp
$0 $68,124 $1,201,912
DEEANN GEHLAUF VP, BUSINESS/ORG. DEVELOPMENT 40.00
Highest
$547,480 $67,060 $614,540
ERIC KOAST CIO 40.00
Highest
$359,833 $53,630 $413,463
DEREK SMITH VP, CLINIC OPERATIONS 40.00
Highest
$471,104 $57,899 $529,003
PAIGE SMITH CHIEF NURSING EXECUTIVE 40.00
Highest
$458,535 $58,729 $517,264
PAUL WESTBROCK VP, LEGAL 40.00
Highest
$558,375 $63,258 $621,633
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 $518,241,812 $515,242,023 $736,621,310 $2,999,789
2023 $496,646,699 $481,359,999 $727,999,717 $15,286,700
2022 $454,220,085 $457,231,180 $674,075,456 $-3,011,095
2021 $528,487,040 $519,659,579 $613,973,417 $8,827,461
2020 $485,660,874 $480,664,794 $508,846,013 $4,996,080
2019 $479,631,423 $470,822,849 $457,330,043 $8,808,574
2018 $449,636,488 $459,299,241 $467,484,890 $-9,662,753
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