NIMED CORP (EIN 363199111) - 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

1982

Legal Domicile

Principal Officer

Michael S Eesley

Phone

3129262000

Tax Period

2017-07-01 to 2018-06-30

NIMED CORP, founded in 1982, is a community nonprofit that reported $5.7M in total revenue in fiscal year 2017. Revenue grew 9% year-over-year, indicating healthy expansion. The organization ran a surplus of $1.7M, a strong 30% operating margin.

Mission

NIMED CORP AIDS IN THE MANAGEMENT OF NORTHERN ILLINOIS MEDICAL CENTER, MEMORIAL MEDICAL CENTER & OTHER ORGANIZATIONS AFFILIATED WITH CENTEGRA HEALTH SYSTEM.

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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 (2017)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $5,377,334

Investment Income $34,402

Other Revenue $282,146

TOTAL REVENUE $5,693,882

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $3,960,416

Other Expenses $3,967,579

TOTAL EXPENSES $3,967,579

Year-over-Year Comparison

	2017	2016	Change
Revenue	$5,693,882	$5,203,698	+0.1%
Expenses	$3,967,579	$3,767,842	+0.1%
Net Income	$1,726,303	$1,435,856	+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

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

$4,625,891

Total Directors

$2,362,637

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Charie Zanck	Director	1.0	Director	$0	$0	$0
Charles Ruth	Director	1.0	Director	$0	$0	$0
Christian Newkirk	Director	1.0	Director	$0	$0	$0
Mike Luecht	Director	1.0	Director	$0	$0	$0
Paula Dorion-Gray	Director	1.0	Director	$0	$0	$0
Ryan Farrell	Director	1.0	Director	$0	$0	$0
William Busse	Director	1.0	Director	$0	$0	$0
Michael S Eesley	CEO/DIRECTOR	1.0	Officer Director	$0	$46,299	$2,362,637
David Tomlinson	EVP - CFO	1.0	Officer	$0	$63,657	$1,108,428
Eric Zornow	VP - FINANCE & TREASURY	10.0	Officer	$0	$65,906	$309,331
Jason Sciarro	President & COO - Termed 5/18	1.0	Officer	$0	$59,571	$845,495

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
2018	$5,693,882	$3,967,579	$111,787,859	$1,726,303

NIMED CORP