Community Hospital of Bremen Inc (EIN 350835006) - Form 990 Financial Analysis & Trantor Score

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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

1948

Legal Domicile

Phone

5745462211

Tax Period

2023-01-01 to 2023-12-31

Community Hospital of Bremen Inc, founded in 1948, is a mid-sized nonprofit in the Health Care sector that reported $28.0M in total revenue in fiscal year 2023. Revenue grew 17% year-over-year, indicating healthy expansion.

Mission

WE DELIVER OUTSTANDING CARE, INSPIRE HEALTH AND CONNECT WITH HEART.

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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 (2023)

Revenue Breakdown

Contributions & Grants $50,000

Program Service Revenue $27,716,662

Investment Income $58,262

Other Revenue $171,303

TOTAL REVENUE $27,996,227

Expense Breakdown

Grants Paid $0

Salaries & Benefits $13,010,576

Fundraising Expenses $0

Program Expenses $25,931,465

Other Expenses $15,024,377

TOTAL EXPENSES $28,034,953

Year-over-Year Comparison

	2023	2022	Change
Revenue	$27,996,227	$23,900,980	+0.2%
Expenses	$28,034,953	$25,797,807	+0.1%
Net Income	$-38,726	$-1,896,827	-1.0%

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

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

$2,858,642

Total Directors

$309,084

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
N/A	Director, Chair Begin 4/1/23	2.0	Officer Director	$225	$0	$225
N/A	Director; Chair thru 3/31/23	2.0	Officer Director	$225	$0	$225
N/A	Vice Chair, Chief Med Officer	2.0	Officer Director	$0	$34,419	$307,284
N/A	Secretary/Treasurer	2.0	Officer Director	$225	$0	$225
N/A	Director	2.0	Director	$225	$0	$225
N/A	Director	2.0	Director	$225	$0	$225
N/A	Director	2.0	Director	$225	$0	$225
N/A	Director	2.0	Director	$225	$0	$225
N/A	Director	2.0	Director	$225	$0	$225
N/A	President	40.0	Officer	$0	$47,909	$355,567
N/A	CFO	2.0	Officer	$0	$118,036	$862,270
N/A	CEO	2.0	Officer	$0	$170,134	$1,332,846

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	$27,996,227	$28,034,953	$20,753,967	$-38,726
2022	$23,900,980	$25,797,807	$19,854,519	$-1,896,827
2021	$24,404,954	$24,494,067	$20,113,950	$-89,113
2020	$20,326,551	$21,597,856	$23,393,854	$-1,271,305
2019	$19,785,852	$20,532,942	$18,989,335	$-747,090
2018	$19,400,413	$21,481,269	$17,592,349	$-2,080,856

Community Hospital of Bremen Inc