HENRY FORD HEALTH ROCHESTER FOUNDA… - Form 990 Financial Data

🔒

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

1987

Legal Domicile

Principal Officer

ROBIN DAMSCHRODER

Phone

3138768714

Tax Period

2024-07-01 to 2025-06-30

HENRY FORD HEALTH ROCHESTER FOUNDATION, founded in 1987, is a community nonprofit in the Health Care sector that reported $3.0M in total revenue in fiscal year 2024. The organization ran a surplus of $2.6M, a strong 87% operating margin.

Mission

AS ONE OF THE NATION'S LEADING INTEGRATED HEALTH SYSTEMS, IT IS THE MISSION OF HENRY FORD HEALTH SYSTEM, A RELATED ENTITY OF THE FILING ORGANIZATION, TO IMPROVE PEOPLE'S LIVES THROUGH THE EXCELLENCE OF THE SCIENCE AND ART OF HEALTH CARE AND HEALING.

Program Service Accomplishments

Program 1

Expenses: $157,115 Revenue: $0

HENRY FORD HEALTH ROCHESTER FOUNDATION SUPPORTS THE CAPITAL NEEDS AND VARIOUS INITIATIVES OF HENRY FORD HEALTH ROCHESTER HOSPITAL. HEALTH PROGRAMS, COMMUNITY PROJECTS AND CUTTING EDGE TECHNOLOGY ARE...

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $1,312,618

Program Service Revenue $0

Investment Income $1,645,476

Other Revenue $0

TOTAL REVENUE $2,958,094

Expense Breakdown

Grants Paid $143,684

Salaries & Benefits $0

Fundraising Expenses $203,590

Program Expenses $157,115

Other Expenses $228,323

TOTAL EXPENSES $372,007

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,958,094	$2,862,455	+0.0%
Expenses	$372,007	$5,973,259	-0.9%
Net Income	$2,586,087	$-3,110,804	-1.8%

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

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

$14,789,064

Total Directors

$11,018,277

Key Employees

Highest Compensated

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
STEVEN B BENDER ESQ	SECRETARY (START 10/2024)	2.00	Officer Director	$0	$5,629	$325,354
DINA KASSAB MD	DIRECTOR	1.00	Director	$0	$3,039	$201,558
ROBERT DERY	CHAIR	2.00	Officer Director	$0	$0	$0
GERRI BIRG	DIRECTOR	1.00	Director	$0	$0	$0
JOHN MODETZ	DIRECTOR (START 10/2024)	1.00	Director	$0	$0	$0
MARIO MOCER	DIRECTOR (START 10/2024)	1.00	Director	$0	$0	$0
PHILLIP BERTOLINI	DIRECTOR (END 9/2024)	1.00	Director	$0	$0	$0
RYAN SAAB	DIRECTOR (END 9/2024)	1.00	Director	$0	$0	$0
TIM CRAWFORD	DIRECTOR	1.00	Director	$0	$0	$0
TOM DLUZEN	DIRECTOR (START 10/2024)	1.00	Director	$0	$0	$0
WENDY JONES	DIRECTOR	1.00	Director	$0	$0	$0
CAROL L SCHMIDT	EX-OFFICIO/PRESIDENT & CEO (END 9/2024)	2.00	Officer	$0	$45,856	$2,826,319
MICHAEL MCCULLOUGH	CFO, MINISTRY MARKET (END 9/2024)	2.00	Officer	$0	$46,446	$1,146,026
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	$2,958,094	$372,007	$55,886,929	$2,586,087
2024	$2,862,455	$5,973,259	$49,678,337	$-3,110,804
2023	$938,470	$602,403	$49,125,819	$336,067
2022	$2,718,105	$559,326	$48,026,804	$2,158,779
2021	$4,516,729	$1,104,405	$49,996,386	$3,412,324
2020	$-339,842	$362,487	$41,882,651	$-702,329
2019	$738,273	$340,213	$43,028,517	$398,060
2018	$1,484,731	$545,361	$42,583,898	$939,370

HENRY FORD HEALTH ROCHESTER FOUNDATION