HENRY FORD HEALTH GENESYS HOSPITAL

EIN: 382377821 501(c)(3) Health Care

DETROIT, MI

Total Revenue
$388,243,218
Total Expenses
$429,011,782
Total Assets
$186,399,438
Net Assets
$121,937,365
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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
1997
Legal Domicile
MI
Principal Officer
ROBIN DAMSCHRODER
Phone
3138768714
Tax Period
2024-07-01 to 2025-06-30

HENRY FORD HEALTH GENESYS HOSPITAL, founded in 1997, is a major nonprofit in the Health Care sector that reported $388.2M in total revenue in fiscal year 2024. Expenses of $429.0M exceeded revenue, resulting in a 11% operating deficit.

Mission

TO IMPROVE THE HEALTH AND WELL-BEING OF ALL PEOPLE IN THE COMMUNITIES WE SERVE.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $517,857
Program Service Revenue $386,103,682
Investment Income $5,591
Other Revenue $1,616,088
TOTAL REVENUE $388,243,218

Expense Breakdown

Grants Paid $142,325
Salaries & Benefits $200,200,830
Fundraising Expenses $0
Program Expenses $347,463,054
Other Expenses $228,668,627
TOTAL EXPENSES $429,011,782

Year-over-Year Comparison

2024 2023 Change
Revenue $388,243,218 $377,930,805 +0.0%
Expenses $429,011,782 $398,906,324 +0.1%
Net Income $-40,768,564 $-20,975,519 +0.9%
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

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Governance

Voting Members
11
Independent Members
8
Employees
2081
Volunteers
102

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
8
$14,789,064
Total Directors
22
$13,655,094
Key Employees
3
$1,377,279
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROBERT G RINEY PRESIDENT/CEO (START 10/2024) 2.00
Officer Director
$0 $61,705 $7,081,174
ROBIN S DAMSCHRODER TREASURER/CFO (START 10/2024) 2.00
Officer Director
$0 $64,536 $3,410,191
CAROL L SCHMIDT MINISTRY MARKET EXEC/PRES (END 9/24) 2.00
Officer Director
$0 $45,856 $2,826,319
STEVEN B BENDER ESQ SECRETARY (START 10/2024) 2.00
Officer Director
$0 $5,629 $325,354
JAMES BAILEY BABEL MD DIRECTOR (END 9/2024) 1.00
Director
$0 $0 $12,056
JAMES BOLES MD SECRETARY/TREASURER (END 9/2024) 2.00
Officer Director
$0 $0 $0
LESLIE A MURPHY CPA CHAIR (END 9/2024) 2.00
Officer Director
$0 $0 $0
RENEE BRANCH CANADY VICE CHAIR (END 9/2024) 2.00
Officer Director
$0 $0 $0
AVEC O'BRIEN DIRECTOR (END 9/2024) 1.00
Director
$0 $0 $0
DAVID SAUNDERS DIRECTOR (END 9/2024) 1.00
Director
$0 $0 $0
EDWARD D CALLAGHAN PHD DIRECTOR (START 10/2024) 1.00
Director
$0 $0 $0
GREGORY E PFLUM DIRECTOR (START 10/2024) 1.00
Director
$0 $0 $0
GWENDOLYN M MACKENZIE RN DIRECTOR (START 10/2024) 1.00
Director
$0 $0 $0
JEFFERY ZAKS DIRECTOR (END 9/2024) 1.00
Director
$0 $0 $0
JEFFREY D FALL DIRECTOR (START 10/2024) 1.00
Director
$0 $0 $0
KENNETH STREIBEL DIRECTOR (END 9/2024) 1.00
Director
$0 $0 $0
LISA K FITZPATRICK MD DIRECTOR (START 10/2024) 1.00
Director
$0 $0 $0
MARY ANN VICTOR JD DIRECTOR (START 10/2024) 1.00
Director
$0 $0 $0
PHYLLIS D MEADOWS DIRECTOR (END 9/2024) 1.00
Director
$0 $0 $0
RHONDA M MEDOWS MD DIRECTOR (START 10/2024) 1.00
Director
$0 $0 $0
ROBERT R LUBERA ESQ DIRECTOR (START 10/2024) 1.00
Director
$0 $0 $0
SUSAN POZO DIRECTOR (END 9/2024) 1.00
Director
$0 $0 $0
MICHAEL MCCULLOUGH CFO, MINISTRY MARKET (END 9/2024) 2.00
Officer
$0 $46,446 $1,146,026
WILLIAM EDGAR MD CHIEF MEDICAL OFFICER 48.00
Key Emp
$508,689 $41,073 $549,762
JULIE ANN LEPZINSKI PRESIDENT 50.00
Key Emp
$426,455 $18,466 $444,921
RENEE ANN EMMERLING RN CHIEF NURSING OFFICER 50.00
Key Emp
$331,504 $51,092 $382,596
HOLLY J JASKIERNY DO DIRECTOR, PHYSICIAN RESIDENCY 45.00
Highest
$496,119 $56,458 $607,990
ANDREA GOETHALS DIRECTOR, PHYSICIAN RESIDENCY 45.00
Highest
$514,680 $26,317 $603,765
MARY EMMERT DIRECTOR, ADVOCACY PRACTICE PROVIDERS 50.00
Highest
$391,978 $49,900 $441,878
BARBARA PAWLACZYK MD DIRECTOR, PHYSICIAN RESIDENCY 50.00
Highest
$314,955 $41,794 $356,749
REGINALD TORRENCE SANDY MD PHYSICIAN 50.00
Highest
$273,931 $21,485 $295,416
JONATHAN SAMUEL NALLI FACHE FORMER OFFICER (END 12/2022) 0.00
$0 $6,250 $949,654
NANCY A HAYWOOD FORMER OFFICER (END 6/2022) 0.00
$0 $49,072 $616,063
DOUGLAS TODD MYERS FORMER OFFICER (END 3/2023) 0.00
$0 $0 $383,721
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
2025 $388,243,218 $429,011,782 $186,399,438 $-40,768,564
2024 $377,930,805 $398,906,324 $225,727,514 $-20,975,519
2023 $378,809,090 $400,589,700 $195,340,284 $-21,780,610
2022 $419,384,530 $439,323,136 $213,749,372 $-19,938,606
2021 $437,907,526 $406,807,045 $249,824,309 $31,100,481
2020 $396,663,397 $408,931,822 $218,761,019 $-12,268,425
2019 $420,135,353 $390,893,647 $251,615,214 $29,241,706
2018 $419,820,853 $421,311,355 $248,636,167 $-1,490,502
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