WILLIAM BEAUMONT HOSPITAL (EIN 381459362) - 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

1956

Legal Domicile

Principal Officer

CHRISTINA FREESE DECKER

Phone

6163912022

Tax Period

2021-01-01 to 2021-12-31

WILLIAM BEAUMONT HOSPITAL, founded in 1956, is a large national nonprofit in the Health Care sector that reported $2.9B in total revenue in fiscal year 2021. Expenses of $2.8B left a modest 4% surplus.

Mission

TO PROVIDE THE HIGHEST QUALITY HEALTHCARE SERVICE TO ALL OF OUR PATIENTS EFFICIENTLY, EFFECTIVELY AND COMPASSIONATELY, REGARDLESS OF WHERE THEY LIVE OR THEIR FINANCIAL CIRCUMSTANCES.

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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 (2021)

Revenue Breakdown

Contributions & Grants $68,553,149

Program Service Revenue $2,570,389,474

Investment Income $86,392,818

Other Revenue $203,171,016

TOTAL REVENUE $2,928,506,457

Expense Breakdown

Grants Paid $30,900,890

Salaries & Benefits $1,800,535,053

Fundraising Expenses $0

Program Expenses $2,648,829,442

Other Expenses $985,739,530

TOTAL EXPENSES $2,817,175,473

Year-over-Year Comparison

	2021	2020	Change
Revenue	$2,928,506,457	$2,803,747,807	+0.0%
Expenses	$2,817,175,473	$2,606,111,449	+0.1%
Net Income	$111,330,984	$197,636,358	-0.4%

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

25277

Volunteers

631

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

$7,462,643

Total Directors

$12,038,872

Key Employees

$14,465,058

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN FOX	PRESIDENT & CEO	2.00	Officer Director	$3,993,442	$2,176,694	$6,170,136
DAVID WOOD MD	DIRECTOR (END 8/21)	44.00	Director	$4,468,665	$397,959	$4,866,624
ROBERT WELSH MD	DIRECTOR (EFF 1/1/21)	42.00	Director	$428,838	$57,035	$485,873
ASHOK JAIN MD	DIRECTOR (EFF 1/1/21)	2.00	Director	$0	$90,536	$312,684
ABEDELRAHIM ASFOUR MD	DIRECTOR (EFF 1/1/21)	2.00	Director	$0	$0	$170,550
HARRIS MAINSTER DO	DIRECTOR	2.00	Director	$0	$0	$33,005
JOHN NEMES	SECRETARY / TREASURER	2.00	Officer Director	$0	$0	$0
CHRISTOPHER BLAKE	VICE-CHAIRMAN (EFF 6/21)	2.00	Director	$0	$0	$0
GEOFFREY HOCKMAN	DIRECTOR	2.00	Director	$0	$0	$0
GERSON COOPER	DIRECTOR	2.00	Director	$0	$0	$0
JOHN LEWIS	CHAIRMAN (END 6/21)	2.00	Director	$0	$0	$0
JULIE FREAM	CHAIRPERSON (EFF 6/21)	2.00	Director	$0	$0	$0
MARTHA QUAY	DIRECTOR	2.00	Director	$0	$0	$0
ROBERT WILLIAMS MD	DIRECTOR	2.00	Director	$0	$0	$0
RONALD HALL JR	DIRECTOR	2.00	Director	$0	$0	$0
STEPHEN HOWARD	VICE-CHAIRMAN (END 8/21)	2.00	Director	$0	$0	$0
THOMAS SAELI	DIRECTOR	2.00	Director	$0	$0	$0
TIMOTHY O'BRIEN	DIRECTOR	2.00	Director	$0	$0	$0
WILLIAM GOLDSMITH	DIRECTOR	2.00	Director	$0	$0	$0
DIANE ROTH	EVP & CFO (EFF 4/21)	1.00	Officer	$524,858	$203,481	$728,339
JOHN KERNDL	EVP & CFO (END 3/21)	1.00	Officer	$538,804	$25,364	$564,168
CAROLYN WILSON	EVP & COO (END 8/21)	30.00	Key Emp	$6,065,471	$485,613	$6,551,084
NANCY SUSICK	PRESIDENT ROYAL OAK	50.00	Key Emp	$978,582	$536,434	$1,515,016
SUSAN GRANT	EVP & CHIEF NURSING OFFICER	44.00	Key Emp	$978,224	$454,657	$1,432,881
JAMES LYNCH	PRESIDENT-GROSSE POINTE & TROY	44.00	Key Emp	$722,071	$304,940	$1,027,011
HANS KEIL	SVP & CIO	50.00	Key Emp	$607,155	$322,598	$929,753
BARBARA DUCATMAN	CMO - ROYAL OAK (START 4/20)	50.00	Key Emp	$725,815	$169,829	$895,644
SAMUEL FLANDERS MD	SVP/CHIEF QUAL. & SAFETY OFF	50.00	Key Emp	$636,968	$28,407	$665,375
MICHAEL KHOURY	CMO - TROY	50.00	Key Emp	$276,987	$110,198	$387,185
NICHOLAS GILPIN	CMO - GROSSE POINTE (END 12/21)	50.00	Key Emp	$341,466	$43,740	$385,206
JODIE RAPPE MD	CMO & SAFETY OFF - GP (EFF 12/21)	50.00	Key Emp	$331,086	$22,361	$353,447
LISA OUELLETTE	INTERIM CHIEF HR OFFICER	50.00	Key Emp	$240,910	$81,546	$322,456
KONGKRIT CHAIYASATE	PLASTIC RECONSTRUCTIVE SURGEON	50.00	Highest	$2,218,702	$62,821	$2,281,523
SANJEEV AGGARWAL	PHYSICIAN	50.00	Highest	$1,417,625	$3,287	$1,420,912
MOHAMMAD CHISTI	PHYSICIAN	50.00	Highest	$1,254,025	$54,753	$1,308,778
JEFFREY FISCHGRUND	CHIEF ORTHOPEDIC SURGERY	50.00	Highest	$993,347	$85,766	$1,079,113
MOHAMAD RASM ALSIBAE	TRANSPLANT HEPATOLOGY SURGEON	50.00	Highest	$993,064	$55,686	$1,048,750
AARON GILLINGHAM	SVP, CHIEF HR OFF., CIO	2.00		$696,482	$40,518	$737,000

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
2021	$2,928,506,457	$2,817,175,473	$4,475,418,710	$111,330,984
2020	$2,803,747,807	$2,606,111,449	$4,963,783,606	$197,636,358
2019	$2,865,497,664	$2,672,825,352	$4,096,846,927	$192,672,312
2018	$2,959,634,869	$2,736,654,471	$4,280,616,612	$222,980,398

WILLIAM BEAUMONT HOSPITAL