TRINITY HEALTH SYSTEM

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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

1996

Legal Domicile

Principal Officer

MATT GRIMSHAW

Phone

7402837000

Tax Period

2022-07-01 to 2023-06-30

Mission

AS AN AFFILIATE OF COMMONSPIRIT HEALTH, WE MAKE THE HEALING PRESENCE OF GOD KNOWN IN OUR WORLD BY IMPROVING THE HEALTH OF THE PEOPLE WE SERVE, ESPECIALLY THOSE WHO ARE VULNERABLE, WHILE WE ADVANCE SOCIAL JUSTICE FOR ALL.

Program Service Accomplishments

Program 1

TRINITY HEALTH SYSTEM CEASED CONDUCTING SERVICES DURING THE TAX YEAR ENDED 6/30/2020.

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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 (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $0

TOTAL EXPENSES $0

Year-over-Year Comparison

	2022	2021	Change
Revenue	N/A	N/A	N/A
Expenses	N/A	N/A	N/A
Net Income	N/A	$0	N/A

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

N/A

Volunteers

N/A

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

$1,798,099

Total Directors

$5,150,539

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LARRY SCHUMACHER	BOARD MEMBER/DIV SVP	2.00	Director	$0	$38,181	$2,782,336
CHARN NANDRA MD	BOARD MEMBER/CARDIOLOGIST	2.00	Director	$0	$24,875	$986,553
MATT GRIMSHAW	PRESIDENT & CEO	5.00	Officer Director	$0	$44,639	$790,966
RICK GRECO	PRESIDENT MGE	5.00	Officer	$0	$23,495	$455,054
SAM LICATA	BOARD MEMBER/PRESIDENT, MEDICAL STAFF	2.00	Director	$0	$27,160	$377,162
DAVE WERKIN	CFO	5.00	Officer	$0	$22,253	$325,435
BRENT MALLEK	VP OF HR (PARTIAL YEAR)	0.00		$0	$22,160	$276,989
JIM MIDDLETON	CHIEF NURSING OFFICER	0.00		$0	$13,919	$275,791
PAUL WHEELER	VP OF OPERATIONS / COO	5.00	Officer	$0	$19,931	$226,644
MATTHEW COLFLESH MD	BOARD MEMBER/CHIEF MEDICAL OFFICER (PARTIAL YEAR)	2.00	Director	$0	$10,851	$213,522
JAMES MIRASOLA	INTERIM VP MSO	0.00		$0	$26,246	$202,647
JENNIFER DAVIS	DIRECTOR OF PHARMACY	0.00		$0	$25,541	$184,775
TOM KIGER	DIRECTOR INFORMATION SYSTEMS	0.00		$0	$27,583	$164,730
BARBARA BANFIELD	CV NURSE PRACTITIONER/CONSULTANT	0.00		$0	$15,002	$155,669
DENNIS KELLEY	DIRECTOR OF RADIOLOGY	0.00		$0	$12,953	$151,321
MICHAEL BIASI	BOARD MEMBER	2.00	Director	$0	$0	$0
ERIC EXLEY	BOARD MEMBER	2.00	Director	$0	$0	$0
SHEILA HENDRICKS	BOARD MEMBER	2.00	Director	$0	$0	$0
JAMES PADDEN	VICE CHAIR	2.00	Officer Director	$0	$0	$0
DOUGLAS SCHAEFER	CHAIR	2.00	Officer Director	$0	$0	$0
DAVID SKIVIAT SR	TREASURER	2.00	Officer Director	$0	$0	$0
DENNIS WOLTERS	BOARD MEMBER	2.00	Director	$0	$0	$0
AARON PROVENZANO	BOARD MEMBER	2.00	Director	$0	$0	$0
KARLA GREGORY-MARTIN	BOARD MEMBER	2.00	Director	$0	$0	$0
MARK MORELLI	SECRETARY	2.00	Officer Director	$0	$0	$0
DAN DAILY	BOARD MEMBER	2.00	Director	$0	$0	$0
JONATHAN BEDWAY	BOARD MEMBER	2.00	Director	$0	$0	$0
CLAUDIA BRONSING SR	BOARD MEMBER	2.00	Director	$0	$0	$0
THERESA GAGLIARDI	BOARD MEMBER	2.00	Director	$0	$0	$0
JEFFREY GRECO	BOARD MEMBER	2.00	Director	$0	$0	$0
JOSEPH LUCKINO	BOARD MEMBER	2.00	Director	$0	$0	$0

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	No data	No data	$951,713	No data
2022	No data	No data	$951,713	No data
2021	No data	$22	$951,713	No data
2020	No data	$24	$954,857	No data
2019	$2,415,435	$2,415,459	$1,075,949	$-24
2018	$5,838,021	$5,838,043	$3,524,539	$-22