Silver Cross Hospital and Medical Centers (EIN 362174832) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1895

Legal Domicile

Principal Officer

Vincent Pryor

Phone

8153007007

Tax Period

2023-10-01 to 2024-09-30

Silver Cross Hospital and Medical Centers, founded in 1895, is a major nonprofit in the Health Care sector that reported $398.2M in total revenue in fiscal year 2017. Expenses of $370.9M left a modest 7% surplus.

Mission

To establish, conduct, maintain and operate hospitals and community medical centers and to furnish other facilities for the care of persons suffering from illnesses or injury.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,636,661

Program Service Revenue $535,325,079

Investment Income $44,632,643

Other Revenue $6,213,144

TOTAL REVENUE $587,807,527

Expense Breakdown

Grants Paid $199,265

Salaries & Benefits $230,027,324

Fundraising Expenses $0

Program Expenses $505,653,204

Other Expenses $300,738,039

TOTAL EXPENSES $530,964,628

Year-over-Year Comparison

	2023	2022	Change
Revenue	$587,807,527	$526,470,858	+0.1%
Expenses	$530,964,628	$504,031,650	+0.1%
Net Income	$56,842,899	$22,439,208	+1.5%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✓ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

3755

Volunteers

391

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

$3,171,358

Total Directors

$3,171,358

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Ruth Colby	President/CEO (until 10/16/23)	1.00	Officer Director	$0	$64,361	$1,463,100
Vincent Pryor	Assistant Treasurer	1.00	Officer Director	$0	$60,950	$1,048,966
Michael Mutterer	President/CEO	1.00	Officer Director	$0	$58,776	$659,292
Jean Kenol	Chairman	1.00	Officer Director	$0	$0	$0
Michael Scudder	First Vice Chairman	1.00	Officer Director	$0	$0	$0
Susan Prock	Second Vice Chairman & Secretary	1.00	Officer Director	$0	$0	$0
Dr David Mikolajczak	Treasurer	1.00	Officer Director	$0	$0	$0
Sid Bala	Director	1.00	Director	$0	$0	$0
Vincent Cornelius	Director	1.00	Director	$0	$0	$0
Terry D'Arcy	Director	1.00	Director	$0	$0	$0
Mark Danielson MD	Director	1.00	Director	$0	$0	$0
Jennifer Howard	Director	1.00	Director	$0	$0	$0
Douglas Hutchison Jr	Director (until 6/3/24)	1.00	Director	$0	$0	$0
Dr David Livingston	Director	1.00	Director	$0	$0	$0
Dr Judith Mitchell	Director	1.00	Director	$0	$0	$0
John Phelan	Director	1.00	Director	$0	$0	$0
Mark Stofan	Director (until 6/3/24)	1.00	Director	$0	$0	$0
Denise Winfrey	Director	1.00	Director	$0	$0	$0
Jerome Daly	CMO Essential Health Partners	40.00	Highest	$297,052	$37,779	$334,831
Kay Novak	Controller	40.00	Highest	$271,500	$54,066	$325,566
Molly Brusca	Exec. Dir. Medical Group Operations	40.00	Highest	$274,088	$48,733	$322,821
Frank Butler	Adm. Director Pharmacy Services	40.00	Highest	$251,110	$49,377	$300,487
Matthew Boebel	Associate VP Clinical Services	40.00	Highest	$238,289	$46,900	$285,189

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	$587,807,527	$530,964,628	$1,143,623,821	$56,842,899
2023	$526,470,858	$504,031,650	$1,038,832,678	$22,439,208
2022	$519,921,362	$485,817,461	$973,396,878	$34,103,901
2021	$539,695,651	$445,066,826	$1,037,780,601	$94,628,825
2020	$452,486,976	$399,164,165	$939,990,029	$53,322,811
2019	$419,972,709	$386,421,033	$819,753,860	$33,551,676
2018	$398,158,875	$370,944,886	$774,783,566	$27,213,989

Silver Cross Hospital and Medical Centers