MEMORIAL HOSPITAL (EIN 381358208) - 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

1919

Legal Domicile

Principal Officer

JORRI TREMAIN

Phone

9897235211

Tax Period

2023-01-01 to 2023-12-31

MEMORIAL HOSPITAL, founded in 1919, is a major nonprofit in the Health Care sector that reported $298.6M in total revenue in fiscal year 2023. Revenue grew 16% year-over-year, indicating healthy expansion.

Mission

TO PROVIDE HEALTHCARE SERVICES TO PATIENTS.

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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 $716,910

Program Service Revenue $291,540,581

Investment Income $1,785,612

Other Revenue $4,537,773

TOTAL REVENUE $298,580,876

Expense Breakdown

Grants Paid $0

Salaries & Benefits $131,460,935

Fundraising Expenses $201,049

Program Expenses $254,862,102

Other Expenses $161,003,510

TOTAL EXPENSES $292,464,445

Year-over-Year Comparison

	2023	2022	Change
Revenue	$298,580,876	$257,101,163	+0.2%
Expenses	$292,464,445	$266,779,557	+0.1%
Net Income	$6,116,431	$-9,678,394	-1.6%

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

1821

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

$967,195

Total Directors

$2,428,870

Key Employees

$1,583,795

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRIAN L LONG	EXECUTIVE DIRECTOR/CEO	58.00	Officer Director	$687,747	$20,390	$708,137
MICHAEL B KRAMER DO	MEMBER	40.00	Director	$471,239	$22,376	$493,615
BARBARA BAKEROMEROD	MEMBER	2.00	Director	$0	$0	$0
MICHAEL L ASH	MEMBER	2.00	Director	$0	$0	$0
WILFRED BILL A FARRELL	TREASURER	2.00	Officer Director	$0	$0	$0
MARGARET R FREY DO	MEMBER	40.00	Director	$327,042	$27,410	$354,452
SHANA M ESPINOZA	MEMBER	2.00	Director	$0	$0	$0
THOMAS E CAMPBELL	MEMBER	2.00	Director	$0	$0	$0
ANTHONY A PATSY DO	MEMBER	39.00	Director	$333,899	$24,904	$358,803
JOSEPH E TESTA DO	MEMBER	40.00	Director	$486,217	$27,646	$513,863
BRUCE J WENZLICK	MEMBER	2.00	Director	$0	$0	$0
GREGORY P BONTRAGER	PRESIDENT	2.00	Officer Director	$0	$0	$0
JERRY D WALDEN	SECRETARY	2.00	Officer Director	$0	$0	$0
TONY M YOUNG	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
JORRI TREMAIN	CFO	40.00	Officer	$251,067	$7,991	$259,058
JOSEPH M BUSTAMANTE DO	CHIEF MEDICAL OFFICER	40.00	Key Emp	$383,413	$20,714	$404,127
THOMAS KURTZ	COO	40.00	Key Emp	$271,510	$24,189	$295,699
JAMES J FAYSAL DO	VICE CHIEF OF STAFF	40.00	Key Emp	$399,729	$27,330	$427,059
ABBIE MAJZEL	VP OF TALENT MANAGEMENT	40.00	Key Emp	$204,201	$8,079	$212,280
JOYCE BREMER	VP PHYSICIAN PRACTICE MANAGEMENT	40.00	Key Emp	$226,653	$17,977	$244,630
RAMY M KURDI	PHYSICIAN	40.00	Highest	$1,101,804	$28,144	$1,129,948
TAREK R PACHA	PHYSICIAN	40.00	Highest	$1,015,709	$23,905	$1,039,614
BRETT WALKER	PHYSICIAN	40.00	Highest	$862,349	$28,427	$890,776
ASHRAF M ELBANNA	PHYSICIAN	40.00	Highest	$879,688	$22,001	$901,689
IRA STANLEY FRYE	PHYSICIAN	40.00	Highest	$815,240	$27,673	$842,913

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	$298,580,876	$292,464,445	$196,134,747	$6,116,431
2022	$257,101,163	$266,779,557	$191,179,125	$-9,678,394
2021	$246,067,471	$250,455,649	$220,221,745	$-4,388,178
2020	$227,898,394	$223,646,513	$227,811,494	$4,251,881
2019	$217,789,484	$202,026,538	$155,656,152	$15,762,946
2018	$186,879,741	$176,621,364	$139,002,846	$10,258,377

MEMORIAL HOSPITAL