PARKVIEW HEALTH SYSTEM INC (EIN 351972384) - 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

1995

Legal Domicile

Principal Officer

RICK HENVEY

Phone

2603738429

Tax Period

2023-01-01 to 2023-12-31

PARKVIEW HEALTH SYSTEM INC, founded in 1995, is a large national nonprofit in the Health Care sector that reported $1.1B in total revenue in fiscal year 2023. Revenue grew 11% year-over-year, indicating healthy expansion.

Mission

IMPROVE YOUR HEALTH AND INSPIRE YOUR WELL-BEING.

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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 $1,221,676

Program Service Revenue $1,083,241,775

Investment Income $22,010,825

Other Revenue $4,657,560

TOTAL REVENUE $1,111,131,836

Expense Breakdown

Grants Paid $7,920,447

Salaries & Benefits $858,507,918

Fundraising Expenses $978,948

Program Expenses $1,149,461,575

Other Expenses $334,116,278

TOTAL EXPENSES $1,200,583,793

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,111,131,836	$1,002,459,194	+0.1%
Expenses	$1,200,583,793	$1,075,210,777	+0.1%
Net Income	$-89,451,957	$-72,751,583	+0.2%

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

7022

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

$8,965,124

Total Directors

$8,817,512

Key Employees

$9,821,713

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RAYMOND DUSMAN	DIRECTOR/VICE CHAIR/PCE PRESIDENT	38.00	Officer Director	$3,055,101	$355,517	$3,410,618
RICK HENVEY	DIRECTOR/PH CHIEF EXECUTIVE OFFICER	40.00	Officer Director	$2,576,647	$516,213	$3,092,860
ALAN MCGEE	DIRECTOR/ORTHO PHYSICIAN	20.00	Director	$693,558	$0	$693,558
THOMAS MILLER	DIRECTOR/PH PHYSICIAN	40.00	Director	$682,148	$74,822	$756,970
JASON ROW	PH CHIEF MEDICAL OFFICER-PPG	40.00	Director	$588,310	$152,696	$741,006
IAN BOYCE	DIRECTOR	1.00	Director	$2,000	$0	$8,500
MARGARET BROOKS	DIRECTOR	1.00	Director	$5,500	$0	$5,500
BRIAN EMERICK	DIRECTOR/SECRETARY	1.00	Officer Director	$5,500	$0	$5,500
DAVID FINDLAY	DIRECTOR	1.00	Director	$5,000	$0	$5,000
GARY GATMAN	DIRECTOR	1.00	Director	$2,000	$0	$7,000
BRENDA GERBER	DIRETOR	1.00	Director	$3,750	$0	$4,750
JOHN HAINES	DIRECTOR	1.00	Director	$5,000	$0	$5,000
HOWARD HALDERMAN	DIRECTOR	1.00	Director	$2,000	$0	$7,000
THOMAS KIMBROUGH	DIRECTOR	1.00	Director	$3,500	$0	$8,000
JERRY LONG	DIRECTOR/TREASURER	1.00	Officer Director	$3,750	$0	$3,750
MARILYN MORAN-TOWNSEND	DIRECTOR	1.00	Director	$6,000	$0	$6,000
DOUGLAS MORROW	DIRECTOR	1.00	Director	$1,250	$0	$7,250
WENDY ROBINSON	DIRECTOR	1.00	Director	$3,500	$0	$3,500
DAN STARR	DIRECTOR/CHAIR	1.00	Officer Director	$9,000	$0	$9,000
KENT TERRILL	DIRECTOR	1.00	Director	$1,500	$0	$7,500
JOSEPH URBANSKI	DIRECTOR	1.00	Director	$2,500	$0	$9,250
BRAD VOELZ	DIRECTOR	1.00	Director	$2,250	$0	$8,500
STEPHEN WRIGHT	DIRECTOR	1.00	Director	$4,000	$0	$4,000
SUSAN ZAHN	DIRECTOR	1.00	Director	$1,250	$0	$7,500
JEANNE' WICKENS	PH CHIEF FINANCIAL OFFICER	20.00	Officer	$2,165,508	$277,888	$2,443,396
DENA JACQUAY	PH CHIEF ADMINISTRATIVE OFFICER	31.00	Key Emp	$1,629,814	$296,497	$1,926,311
RONALD DOUBLE	PH CHIEF INFORMATION OFFICER	40.00	Key Emp	$1,532,402	$177,863	$1,710,265
ROY ROBERTSON	PHI PRESIDENT	40.00	Key Emp	$1,254,597	$234,635	$1,489,232
DAVID STOREY	PH CHIEF LEGAL & COMPLIANCE OFFICER	39.00	Key Emp	$935,035	$174,654	$1,109,689
GREG JOHNSON	PH REGIONAL MARKET PRESIDENT	29.00	Key Emp	$888,491	$189,006	$1,077,497
MITCHELL STUCKY	PPG PRESIDENT	40.00	Key Emp	$788,189	$165,267	$953,456
JULI JOHNSON	PH CHIEF NURSING EXECUTIVE	40.00	Key Emp	$576,773	$158,765	$735,538
RICHARD CHURCH	PH CHIEF GROWTH & STRATEGY OFFICER	39.00	Key Emp	$630,011	$189,714	$819,725
JAMES DOZIER	PH PHYSICIAN	40.00	Highest	$1,347,568	$43,350	$1,390,918
DOUGLAS GRAY	PH PHYSICIAN	40.00	Highest	$1,142,140	$69,286	$1,211,426
WILLIAM YOUNG	PH PHYSICIAN	40.00	Highest	$1,141,391	$42,795	$1,184,186
STEPHANIE FALATKO	PH PHYSICIAN	40.00	Highest	$1,134,034	$52,364	$1,186,398
JOSEPH GREENLEE III	PH PHYSICIAN	40.00	Highest	$1,126,319	$69,256	$1,195,575
MICHAEL PACKNETT	FORMER OFFICER/RETIRED PH CEO	0.00		$5,034,209	$29,253	$5,063,462
NEIL SHARMA	FORMER KEY EMPLOYEE/FORMER PCI PRES	40.00		$1,198,480	$224,128	$1,422,608
PATRICIA BRAHE	FORMER KEY EMPLOYEE/FORMER PH SVP	0.00		$166,321	$0	$166,321
PHILIP SMITH	FORMER KEY EMPLOYEE/FORMER PH SVP	0.00		$270,713	$0	$270,713
CHARLES CLARK	FORMER KEY EMPLOYEE/FORMER BHI PRES	39.00		$332,674	$67,276	$399,950
DAVID JEANS	FORMER KEY EMPLOYEE/CURRENT PH SVP	40.00		$507,600	$129,393	$636,993
DONNA VAN VLERAH	FORMER KEY EMPLOYEE/CURRENT PH SVP	40.00		$452,288	$93,937	$546,225
GARY BREUER	FORMER KEY EMPLOYEE/CURRENT PH SVP	40.00		$313,034	$55,869	$368,903
GERALD GRANNAN	FORMER KEY EMPLOYEE/CURRENT PH SVP	40.00		$534,458	$120,582	$655,040
JEFFREY BOORD	FORMER KEY EMPLOYEE/CURRENT PH SVP	40.00		$645,545	$147,078	$792,623
JOLYNN SUKO	FORMER KEY EMPLOYEE/FORMER PH SVP	40.00		$594,808	$107,426	$702,234
MARK PIERCE	FORMER KEY EMPLOYEE/CURRENT PH SVP	40.00		$549,729	$131,650	$681,379
MICHAEL GERUE	FORMER KEY EMPLOYEE/CURRENT PH SVP	40.00		$494,001	$142,103	$636,104
ROGER STIENECKER	FORMER KEY EMPLOYEE/CURRENT PH SVP	40.00		$415,971	$49,816	$465,787
SCOTT JAMES	FORMER KEY EMPLOYEE/CURRENT PH SVP	40.00		$443,738	$124,077	$567,815
THOMAS BOND	FORMER KEY EMPLOYEE/CURRENT PH SVP	40.00		$591,391	$153,578	$744,969
TRENT MILLER	FORMER KEY EMPLOYEE/CURRENT PH SVP	40.00		$518,518	$131,679	$650,197

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	$1,111,131,836	$1,200,583,793	$2,455,208,073	$-89,451,957
2022	$1,002,459,194	$1,075,210,777	$2,509,664,922	$-72,751,583
2021	$1,027,194,338	$1,005,257,771	$2,683,944,468	$21,936,567
2020	$933,221,094	$918,031,842	$2,712,217,032	$15,189,252
2019	$811,099,250	$857,584,082	$2,473,282,476	$-46,484,832
2019	$811,099,250	$857,584,082	$2,473,282,476	$-46,484,832
2018	$710,230,401	$775,364,056	$2,633,547,628	$-65,133,655

PARKVIEW HEALTH SYSTEM INC