TRINITY HEALTH CORPORATION

EIN: 351443425 501(c)(3) Health Care

LIVONIA, MI

Total Revenue
$3,292,589,454
Total Expenses
$3,117,958,087
Total Assets
$17,277,831,225
Net Assets
$6,461,646,465
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Organization Details

Formation Year
1978
Legal Domicile
IN
Principal Officer
MICHAEL SLUBOWSKI
Phone
7343431000
Tax Period
2024-07-01 to 2025-06-30

TRINITY HEALTH CORPORATION, founded in 1978, is a large national nonprofit in the Health Care sector that reported $3.3B in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion. Expenses of $3.1B left a modest 5% surplus.

Mission

WE, TRINITY HEALTH, SERVE TOGETHER IN THE SPIRIT OF THE GOSPEL AS A COMPASSIONATE AND TRANSFORMING HEALING PRESENCE WITHIN OUR COMMUNITIES.

Program Service Accomplishments

Program 1
Expenses: $3,045,318,162 Revenue: $2,671,947,935

TRINITY HEALTH CORPORATION'S PURPOSE IS TO GOVERN, MANAGE, AND PROVIDE ADMINISTRATIVE SERVICES TO ITS SUBSIDIARIES, WHICH INCLUDE HOSPITAL ORGANIZATIONS EXEMPT UNDER SECTION 501(C)(3) THAT PROVIDE...

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TRINITY HEALTH CORPORATION'S PURPOSE IS TO GOVERN, MANAGE, AND PROVIDE ADMINISTRATIVE SERVICES TO ITS SUBSIDIARIES, WHICH INCLUDE HOSPITAL ORGANIZATIONS EXEMPT UNDER SECTION 501(C)(3) THAT PROVIDE NEEDED HEALTH CARE SERVICES TO THE COMMUNITIES IN WHICH THEY ARE LOCATED. THE SERVICES PROVIDED BY TRINITY HEALTH CORPORATION ALLOW FOR ECONOMIES OF SCALE THAT IN TURN PERMIT THE SUBSIDIARIES TO PROVIDE HEALTH CARE SERVICES TO PATIENTS AT A REASONABLE COST. TRINITY HEALTH CORPORATION AND ITS SUBSIDIARIES ARE COLLECTIVELY KNOWN AS TRINITY HEALTH.TRINITY HEALTH IS ONE OF THE LARGEST CATHOLIC HEALTH CARE DELIVERY SYSTEMS IN THE COUNTRY. TRINITY HEALTH'S COMMUNITY HEALTH & WELL-BEING (CHWB) STRATEGY PROMOTES OPTIMAL HEALTH FOR PEOPLE EXPERIENCING POVERTY AND OTHER VULNERABILITIES IN THE COMMUNITIES WE SERVE - EMPHASIZING THE NECESSITY TO INTEGRATE CLINICAL AND SOCIAL CARE. TRINITY HEALTH CHWB TEAMS LEAD THE DEVELOPMENT AND IMPLEMENTATION OF TRIENNIAL COMMUNITY HEALTH NEEDS ASSESSMENTS (CHNA) AND IMPLEMENTATION STRATEGIES WITH INTENTIONAL FOCUS ON ENGAGING COMMUNITIES AND RESIDENTS EXPERIENCING POVERTY AND OTHER VULNERABILITIES. TO FURTHER OUR COMMITMENT TO ACHIEVING HEALTH EQUITY AND THE COMMON GOOD, THE CHNA AND IMPLEMENTATION STRATEGIES FOSTER COLLECTIVE ACTION TO EQUITABLY ALLOCATE RESOURCES FROM THE HOSPITAL AND OTHER SOURCES TO ADDRESS THESE NEEDS IN COMMUNITIES MOST IMPACTED. TRINITY HEALTH AND ITS MEMBER HOSPITALS ARE COMMITTED TO THE DELIVERY OF PEOPLE-CENTERED CARE AND SERVING AS A COMPASSIONATE AND TRANSFORMING HEALING PRESENCE WITHIN THE COMMUNITIES WE SERVE. AS A NOT-FOR-PROFIT HEALTH SYSTEM, TRINITY HEALTH REINVESTS ITS PROFITS BACK INTO THE COMMUNITIES AND IS COMMITTED TO ADDRESSING THE UNIQUE NEEDS OF EACH COMMUNITY. IN FISCAL YEAR 2025 (FY25), TRINITY HEALTH CONTRIBUTED NEARLY $1.4 BILLION IN IRS-DEFINED COMMUNITY BENEFIT SPENDING TO AID THOSE WHO ARE EXPERIENCING POVERTY AND OTHER VULNERABILITIES, AND TO IMPROVE THE HEALTH STATUS OF THE COMMUNITIES IN WHICH WE SERVE. TRINITY HEALTH FURTHERED ITS COMMITMENT THROUGH AN ADDITIONAL $1.5 BILLION IN PROGRAMS AND INITIATIVES THAT IMPACT OUR COMMUNITIES - YIELDING A TOTAL COMMUNITY IMPACT OF $2.9 BILLION IN FY25.TRINITY HEALTH'S COMMUNITY INVESTING PROGRAM FINISHED FY25 WITH MORE THAN $68 MILLION COMMITTED TO BUILDING VITAL COMMUNITY RESOURCES. THESE FUNDS, IN COLLABORATION WITH 30 PARTNERS, WERE PAIRED WITH OTHER RESOURCES TO GENERATE MORE THAN $1.1 BILLION IN INVESTMENTS THAT SERVED COMMUNITIES WITHIN TRINITY HEALTH'S SERVICE AREAS. BETWEEN 2018 AND APRIL 2025, THESE INVESTMENTS HAVE BEEN INSTRUMENTAL IN CREATING MUCH-NEEDED COMMUNITY RESOURCES FOR THE PEOPLE THAT WE SERVE, NOTABLY:- SUPPORTED THE CREATION OF 15,700 UNITS OF AFFORDABLE HOUSING OVER THE LAST EIGHT YEARS (INCLUDING APPROXIMATELY 380 SUPPORTIVE HOUSING BEDS).- CREATED OR RETAINED AT LEAST 1,300 CHILDCARE SLOTS; 7,600 K-HIGH SCHOOL EDUCATION SLOTS; AND 2,400 EARLY CHILDHOOD EDUCATION SLOTS.- DEVELOPED AT LEAST 9.3 MILLION SQUARE FEET OF GENERAL REAL ESTATE OVER THE LAST EIGHT YEARS.- SINCE 2014, 920 STUDENTS HAVE RECEIVED $2.65 MILLION IN SCHOLARSHIPS THROUGH THE FRESNO STATE AND BOISE STATE SCHOLARSHIPS FUNDS.- APPROXIMATELY 12,900 FULL- AND PART-TIME POSITIONS HAVE BEEN EITHER CREATED OR MAINTAINED THROUGH PARTNER LENDING. IN FY25, OVER ONE MILLION PATIENTS SYSTEM-WIDE WERE SCREENED FOR HEALTH-RELATED SOCIAL NEEDS AT THEIR DOCTOR'S OFFICE. OF THOSE SCREENED, 27.4% IDENTIFIED AT LEAST ONE NEED AND MOST OFTEN IDENTIFIED FOOD ACCESS, FINANCIAL INSECURITY AND SOCIAL ISOLATION. AN ADDITIONAL 137,000 PATIENTS WERE SCREENED FOR SOCIAL NEEDS DURING AN IN-PATIENT HOSPITAL STAY WHERE TOP NEEDS INCLUDED FOOD ACCESS, TRANSPORTATION AND HOUSING.TRINITY HEALTH'S ELECTRONIC HEALTH RECORD (EPIC) INCLUDES A STANDARD SCREENING TOOL FOR PATIENT SOCIAL NEEDS, AND AN INTEGRATED COMMUNITY RESOURCE DIRECTORY THROUGH FINDHELP TO CONNECT PATIENTS TO FREE AND REDUCED COST SUPPORT PROGRAMS. THE COMMUNITY RESOURCE DIRECTORY YIELDED OVER 118,000 SEARCHES, AN INCREASE OF 34% OVER THE PRIOR YEAR. TOP SEARCHES INCLUDED HOUSING, FOOD ACCESS AND HEALTH CARE.BY COMBINING THEIR LIVED EXPERIENCE AND CONNECTIONS TO THE COMMUNITY WITH EFFECTIVE TRAINING AND INCLUSION IN THE CARE TEAM, COMMUNITY HEALTH WORKERS (CHW) PROVIDE PATIENT-CENTERED AND CULTURALLY RESPONSIVE INTERVENTIONS. CHW'S HAVE MANY COMPETENCIES, INCLUDING PATIENT OUTREACH AND ENGAGEMENT, CONDUCTING ASSESSMENTS, RESOURCE CONNECTION, HEALTH AND SOCIAL SERVICES SYSTEM NAVIGATION, GOAL-SETTING AND PROBLEM-SOLVING THROUGH ONGOING EDUCATION, ADVOCACY AND SUPPORT. IN FY25, TRINITY HEALTH'S 162 CHW'S SUCCESSFULLY ADDRESSED OVER 16,300 SOCIAL NEEDS. ONE SOCIAL NEED (SUCH AS ADDRESSING HOUSING OR FOOD NEEDS) CAN OFTEN TAKE MONTHS, OR EVEN A YEAR TO RESOLVE. WITH FUNDING THROUGH THE CENTERS FOR DISEASE CONTROL AND PREVENTION, TRINITY HEALTH WORKED WITH 23 PARTNERS AND 47 CERTIFIED LIFESTYLE COACHES NATIONWIDE TO DELIVER THE NATIONAL DIABETES PREVENTION PROGRAM, AN EVIDENCE-BASED, 12-MONTH LIFESTYLE CHANGE PROGRAM. THE GOAL OF THE PROGRAM IS TO LOSE A PERCENTAGE OF BASELINE WEIGHT, ATTEND SESSIONS REGULARLY, AND ENGAGE IN 150 MINUTES OF PHYSICAL ACTIVITY A WEEK. GROUP SESSIONS ARE FACILITATED BY A CDC CERTIFIED LIFESTYLE COACH AND OFFERED IN-PERSON, REMOTELY, OR VIRTUALLY AT A SELF-PACED RATE. ALL PARTICIPANTS ARE REGULARLY SCREENED FOR HEALTH-RELATED SOCIAL NEEDS AND ARE REFERRED TO A CHW TO ADDRESS IDENTIFIED NEEDS. IN FY25, TRINITY HEALTH CONDUCTED FOCUSED OUTREACH WITH NEARLY 165,000 ELIGIBLE PARTICIPANTS AND ENROLLED 1,074 PARTICIPANTS INTO THE LIFESTYLE CHANGE PROGRAM.FOR MORE INFORMATION ABOUT TRINITY HEALTH, VISIT WWW.TRINITY-HEALTH.ORG.

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $4,038,976
Program Service Revenue $2,662,569,515
Investment Income $593,477,949
Other Revenue $32,503,014
TOTAL REVENUE $3,292,589,454

Expense Breakdown

Grants Paid $9,320,949
Salaries & Benefits $1,257,506,560
Fundraising Expenses $0
Program Expenses $3,045,318,162
Other Expenses $1,851,130,578
TOTAL EXPENSES $3,117,958,087

Year-over-Year Comparison

2024 2023 Change
Revenue $3,292,589,454 $2,853,234,591 +0.2%
Expenses $3,117,958,087 $2,749,679,333 +0.1%
Net Income $174,631,367 $103,555,258 +0.7%
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
15
Independent Members
14
Employees
9942
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
8
$13,844,697
Total Directors
17
$8,038,977
Key Employees
4
$9,443,310
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL SLUBOWSKI DIRECTOR; PRESIDENT & CEO 54.00
Officer Director
$7,249,746 $49,231 $7,298,977
BENJAMIN CARTER EVP, CHIEF OPERATING OFFICER 35.00
Key Emp
$3,436,400 $52,582 $3,488,982
DANIEL ISACKSEN JR TREASURER; EVP, CFO 18.00
Officer
$2,378,767 $448,380 $2,827,147
DANIEL ROTH MD EVP, CHIEF CLINICAL OFFICER 35.00
Key Emp
$2,439,599 $55,387 $2,494,986
ROBERT RITZ PRESIDENT & CEO, MERCYONE IOWA 0.00
Highest
$2,416,873 $54,140 $2,471,013
REGINALD EADIE MD SVP,PHYSICIAN ENTERPRISE DEVELOPMENT 50.00
Highest
$1,973,951 $350,903 $2,324,854
ROBERT CASALOU PRESIDENT & CEO, MI AND SE REGIONS 0.00
Highest
$2,157,996 $49,044 $2,207,040
SHAWN VINCENT PRESIDENT & CEO, IL/IN REGION 0.00
Highest
$1,735,365 $319,027 $2,054,392
LINDA ROSS SECRETARY; EVP, CHIEF LEGAL OFFICER 51.00
Officer
$1,964,988 $48,692 $2,013,680
KURT ANDERSEN MD PRESIDENT, CENTRAL IOWA DIVISION 0.00
Highest
$1,685,852 $245,442 $1,931,294
EDMUND HODGE EVP, CHIEF HUMAN RESOURCES OFFICER 50.00
Key Emp
$1,788,117 $58,915 $1,847,032
RAY ANDERSON PHD EVP, CHIEF STRATEGY OFFICER 36.00
Key Emp
$1,326,967 $285,343 $1,612,310
LOUIS FIERENS II FORMER KEY EMPLOYEE 0.00
$1,016,962 $18,858 $1,035,820
JOSHUA MOORE ASST SEC;SVP, DEPUTY GENERAL COUNSEL 30.00
Officer
$716,724 $170,186 $886,910
KIMBERLY MCCARTHY ASST TREAS & VP FIN REP/CAO THR 6/25 49.00
Officer
$559,196 $53,787 $612,983
ANTOINETTE PRATT FORMER OFFICER 0.00
$575,019 $23,849 $598,868
JOHN CAPASSO FORMER KEY EMPLOYEE 0.00
$426,381 $10,299 $436,680
BARRETT HATCHES PHD DIRECTOR; CHAIR 8.00
Officer Director
$115,000 $0 $115,000
DAVID SOUTHWELL DIRECTOR & VICE CHAIR THROUGH 12/24 8.00
Officer Director
$90,000 $0 $90,000
RITA BROGLEY DIRECTOR 4.00
Director
$90,000 $0 $90,000
KEVIN BARNETT DRPH DIRECTOR THROUGH 12/24 4.00
Director
$80,000 $0 $80,000
CARRIE RICH DIRECTOR 4.00
Director
$80,000 $0 $80,000
MICHAEL CROWLEY CPA DIRECTOR 4.00
Director
$60,000 $0 $60,000
ALICE LIN FABIANO DIRECTOR 4.00
Director
$60,000 $0 $60,000
COURTNEY LANG JD DIRECTOR 4.00
Director
$60,000 $0 $60,000
PAUL TAHERI MD DIRECTOR 4.00
Director
$60,000 $0 $60,000
DEBORAH HAYES RN MSN DIRECTOR 4.00
Director
$45,000 $0 $45,000
DONNA DOLEMAN DICKERSON DIRECTOR AS OF 1/25 4.00
Director
$0 $0 $0
LINDA FALQUETTE RSM DIRECTOR 4.00
Director
$0 $0 $0
MARY FANNING RSM PHD DIRECTOR 4.00
Director
$0 $0 $0
JOAN MARIE STEADMAN CSC DIRECTOR; VICE CHAIR AS OF 1/25 8.00
Officer Director
$0 $0 $0
RICHARD VATH MD DIRECTOR AS OF 1/25 4.00
Director
$0 $0 $0
VERONIQUE WIEDOWER CSC DIRECTOR 4.00
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
2025 $3,292,589,454 $3,117,958,087 $17,277,831,225 $174,631,367
2024 No data No data No data No data
2023 $2,630,217,464 $2,531,429,401 $11,546,399,108 $98,788,063
2022 $2,491,029,159 $2,475,776,191 $11,390,095,796 $15,252,968
2021 $2,352,321,143 $2,184,622,370 $11,337,858,844 $167,698,773
2020 $2,006,192,061 $2,123,438,643 $11,429,906,388 $-117,246,582
2019 $2,046,287,440 $2,008,161,884 $10,084,513,697 $38,125,556
2018 $1,807,721,775 $1,789,136,844 $10,015,990,318 $18,584,931
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