IROQUOIS MEMORIAL HOSPITAL & RESIDENT HOME (EIN 370673512) - 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

1914

Legal Domicile

Principal Officer

MICHAEL TILSTRA

Phone

8154324444

Tax Period

2022-10-01 to 2023-09-30

IROQUOIS MEMORIAL HOSPITAL & RESIDENT HOME, founded in 1914, is a mid-sized nonprofit in the Health Care sector that reported $45.5M in total revenue in fiscal year 2022. Revenue surged 22% from the prior year, signaling strong growth momentum. The organization ran a surplus of $7.5M, a strong 17% operating margin.

Mission

IROQUOIS MEMORIAL HOSPITAL & RESIDENT HOME IS COMMITTED TO PROVIDING QUALITY HEALTHCARE SERVICES.

🔒

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 (2022)

Revenue Breakdown

Contributions & Grants $2,738,849

Program Service Revenue $42,280,346

Investment Income $122,834

Other Revenue $344,573

TOTAL REVENUE $45,486,602

Expense Breakdown

Grants Paid $0

Salaries & Benefits $18,532,415

Fundraising Expenses $0

Program Expenses $27,595,402

Other Expenses $19,426,554

TOTAL EXPENSES $37,958,969

Year-over-Year Comparison

	2022	2021	Change
Revenue	$45,486,602	$37,217,727	+0.2%
Expenses	$37,958,969	$37,984,332	0.0%
Net Income	$7,527,633	$-766,605	-10.8%

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

418

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

$707,841

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROGER DITTRICH	CHAIR	3.00	Officer Director	$0	$0	$0
DOUG GEIGER	VICE CHAIR	3.00	Officer Director	$0	$0	$0
RHONDA PENCE	TREASURER	3.00	Officer Director	$0	$0	$0
PHILIP ZUMWALT MD	SECRETARY	3.00	Officer Director	$0	$0	$0
SARA MIKUTA	DIRECTOR	3.00	Director	$0	$0	$0
DAN TINCHER	DIRECTOR	3.00	Director	$0	$0	$0
SHAWN BRANSKY	CFO	40.00	Officer	$169,991	$0	$169,991
MICHAEL TILSTRA	CEO	40.00	Officer	$222,054	$0	$222,054
THOMAS MCCANN	VP OF ANCILLARY SERVICES	40.00	Officer	$121,170	$32,508	$153,678
MICHELLE FAIRLEY	CNO	40.00	Officer	$120,398	$41,720	$162,118
GONZOLO RLORIDO	PHYSICIAN	40.00	Highest	$338,666	$31,661	$370,327
M HYTHAM BECK	PHYSICIAN	40.00	Highest	$330,074	$43,918	$373,992
CRISTANTO REYES	PHYSICIAN	40.00	Highest	$207,379	$45,099	$252,478
RODNEY ALFORD	PHYSICIAN	40.00	Highest	$171,777	$32,017	$203,794
TERESITA TORRES	PHYSICIAN	40.00	Highest	$197,429	$11,375	$208,804

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
2023	$45,486,602	$37,958,969	$27,293,312	$7,527,633
2021	$40,541,760	$33,660,729	$26,607,125	$6,881,031
2020	$26,357,941	$31,431,201	$25,593,973	$-5,073,260
2019	$28,564,550	$32,598,688	$21,987,582	$-4,034,138
2018	$34,691,788	$35,995,150	$26,897,364	$-1,303,362
2018	$35,554,096	$36,012,630	$27,512,837	$-458,534

IROQUOIS MEMORIAL HOSPITAL & RESIDENT HOME