Heartland Regional Medical Center (EIN 440545289) - 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

1985

Legal Domicile

Phone

8162717070

Tax Period

2024-07-01 to 2025-06-30

Heartland Regional Medical Center, founded in 1985, is a major nonprofit in the Health Care sector that reported $883.4M in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $825.6M left a modest 7% surplus.

Mission

To put the needs of the patient first by empowering a culture where caregivers bring their best, ensuring a healthier future for generations to come.

🔒

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 $296,374

Program Service Revenue $865,537,952

Investment Income $1,502,857

Other Revenue $16,070,587

TOTAL REVENUE $883,407,770

Expense Breakdown

Grants Paid $2,773,892

Salaries & Benefits $372,936,753

Fundraising Expenses $0

Program Expenses $718,348,700

Other Expenses $449,875,272

TOTAL EXPENSES $825,585,917

Year-over-Year Comparison

	2024	2023	Change
Revenue	$883,407,770	$782,152,395	+0.1%
Expenses	$825,585,917	$763,022,653	+0.1%
Net Income	$57,821,853	$19,129,742	+2.0%

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

4157

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

$4,003,725

Total Directors

$3,227,541

Key Employees

$609,104

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
John M Poore	Director/President/CEO	1.0	Officer Director	$0	$238,073	$1,634,941
Adam Stein	Former Director/Vice Chair	1.0	Director	$0	$0	$2,500
Angelia Martin MD	Director	1.0	Director	$0	$39,908	$319,124
Dennis Rosonke	Director	1.0	Director	$0	$0	$0
Elizabeth Kennedy PHD	Director	1.0	Director	$0	$0	$2,500
Emily Larson DO	Director	39.0	Director	$447,639	$49,683	$499,822
Gary Frazer	Director/Chair	1.0	Director	$0	$0	$2,500
Mary Anne Jackson MD	Director	1.0	Director	$0	$0	$2,500
Matt Baker	Director/Vice Chair	1.0	Director	$0	$0	$2,500
Matt Lukens MD	Director	39.0	Director	$709,213	$39,441	$751,154
Melody Smith	Director	1.0	Director	$0	$0	$2,500
Ophelia Lavell Rucker	Former Director	1.0	Director	$0	$0	$2,500
Serena Naylor	Director	1.0	Director	$0	$0	$2,500
Thomas Richmond	Director	1.0	Director	$0	$0	$2,500
William Burns	Director	1.0	Director	$0	$0	$0
Davin J Turner DO	Chief Administrative Officer	1.0	Officer	$0	$130,671	$979,883
Drew M Keesbury	CFO/Treasurer	1.0	Officer	$0	$97,485	$838,306
Michael R Rinard	Secretary	1.0	Officer	$0	$81,231	$449,707
Renea Schott	Assistant Secretary	1.0	Officer	$0	$26,905	$100,888
Gene A Claycomb	President of Mosaic Medical Center	35.0	Key Emp	$512,714	$96,390	$609,104
Arvind K Sharma MD	Staff Physician	40.0	Highest	$1,247,026	$39,691	$1,286,717
Jonathan Amspacher MD	Staff Physician	40.0	Highest	$1,735,603	$46,968	$1,782,571
Michael Lunski	Staff Physician	40.0	Highest	$1,273,903	$22,094	$1,295,997
Robert Grant MD	Staff Physician	40.0	Highest	$1,269,868	$49,669	$1,319,537
Rony M Abou-Jawde MD	Staff Physician	40.0	Highest	$2,184,385	$46,983	$2,231,368
Mark Laney MD	Former Director/President/CEO	0.0		$0	$0	$220,393
Michael Pulido	Former COO/Secretary	0.0		$0	$0	$268,884

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	$883,407,770	$825,585,917	$582,352,118	$57,821,853
2024	No data	No data	No data	No data
2023	$727,817,821	$723,800,530	$462,032,495	$4,017,291
2022	$710,360,855	$694,368,530	$462,827,700	$15,992,325
2021	$686,077,420	$638,271,298	$510,328,294	$47,806,122
2020	$714,270,872	$630,011,719	$401,719,481	$84,259,153
2019	$668,832,137	$642,026,292	$1,073,189,130	$26,805,845
2018	$669,346,564	$644,155,711	$935,224,619	$25,190,853

Heartland Regional Medical Center