CAMERON REGIONAL MEDICAL CENTER (EIN 440668347) - 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

1963

Legal Domicile

Principal Officer

JOSEPH F ABRUTZ JR

Phone

8166322101

Tax Period

2023-10-01 to 2024-09-30

CAMERON REGIONAL MEDICAL CENTER, founded in 1963, is a mid-sized nonprofit in the Health Care sector that reported $65.2M in total revenue in fiscal year 2023. Expenses of $74.1M exceeded revenue, resulting in a 14% operating deficit.

Mission

OUR MISSION AT CAMERON REGIONAL MEDICAL CENTER (CRMC) IS CARING FOR ALL PATIENTS. TO THIS END, WE ORGANIZE PEOPLE, EQUIPMENT, AND FACILITIES IN A MANNER THAT BEST RESPONDS TO THEIR NEEDS AND TO THE NEEDS OF OUR SERVICE AREA. OUR PRIORITIES ARE PATIENTS AND FAMILIES, PHYSICIANS, AND EMPLOYEES. OUR GOAL IS TO BE A REGIONALLY RECOGNIZED LEADER IN PATIENT SATISFACTION BY EXCEEDING CUSTOMER EXPECTATIONS AND CONTINUING TO ACHIEVE EXCELLENCE IN QUALITY AND COSTEFFECTIVE HEALTH CARE SERVICES. CAMERON REGIONAL MEDICAL CENTER (CRMC) WILL PROVIDE SERVICES IN AN ATMOSPHERE THAT INVOLVES COMPLIANCE WITH GOVERNMENTAL MANDATES. THROUGHOUT OUR ORGANIZATION, OUR EMPLOYEES STRIVE TO PROVIDE SENSITIVE AND QUALITY HEALTH CARE AT ALL TIMES BY LIVING OUR VALUES. LASTLY, CRMC RECOGNIZES THE IMPORTANCE OF VIABLE AND PROFITABLE OPERATIONS TO GUARANTEE THE CONTINUED EXISTENCE AND GROWTH OF THE FACILITY.

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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 $67,863

Program Service Revenue $59,747,930

Investment Income $4,683,747

Other Revenue $686,681

TOTAL REVENUE $65,186,221

Expense Breakdown

Grants Paid $78,100

Salaries & Benefits $41,242,153

Fundraising Expenses $0

Program Expenses $65,635,716

Other Expenses $32,746,527

TOTAL EXPENSES $74,066,780

Year-over-Year Comparison

	2023	2022	Change
Revenue	$65,186,221	$63,386,844	+0.0%
Expenses	$74,066,780	$72,742,062	+0.0%
Net Income	$-8,880,559	$-9,355,218	-0.1%

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

638

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

$572,835

Total Directors

$2,307,522

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WARREN MCELWAIN	PRESIDENT	1.00	Officer Director	$0	$0	$0
DELVIN JACKSON	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
JENNIFER WHITE	SECRETARY	1.00	Officer Director	$0	$0	$0
MICHAEL POLAND	TREASURER	1.00	Officer Director	$0	$0	$0
BARBARA BALLEW	DIRECTOR	1.00	Director	$0	$0	$0
STEVE TINNEN	DIRECTOR	1.00	Director	$0	$0	$0
MIKE BROWN	DIRECTOR	1.00	Director	$0	$0	$0
DAVID JUST	DIRECTOR	1.00	Director	$0	$0	$0
JOELLEN PRATT	DIRECTOR	1.00	Director	$0	$0	$0
MARK BAKER	DIRECTOR	1.00	Director	$0	$0	$0
LAEEQ AZMAT TAHIRKHELI	DIRECTOR/PHYSICIAN (END 02/24)	40.00	Director	$1,038,356	$136,284	$1,174,640
LAURA HARBISON	DIRECTOR/PHYSICIAN (END 02/24)	40.00	Director	$420,626	$110,981	$531,607
FRED KIEHL DO	EX-OFFICIO/CHIEF OF STAFF (BEG 02/24)	40.00	Director	$227,951	$0	$227,951
SAM BARTON DO	EX-OFFICIO/VICE CHIEF OF STAFF (BEG 02/24)	40.00	Director	$331,417	$41,907	$373,324
JOSEPH F ABRUTZ JR	ADMINISTRATOR/CEO	40.00	Officer	$316,484	$40,899	$357,383
ROSA PATTI	CFO	40.00	Officer	$198,881	$16,571	$215,452
MUHAMMAD ADMIN	PHYSICIAN	40.00	Highest	$614,495	$109,538	$724,033
SHAHZAD SHAFIQUE	PHYSICIAN	40.00	Highest	$633,933	$47,937	$681,870
LY PHAN	PHYSICIAN	40.00	Highest	$719,374	$63,524	$782,898
DAMOND ERICKSON	PHARMACY DIRECTOR	40.00	Highest	$521,441	$46,571	$568,012
DR BARRY LITTLEJOHN	PHYSICIAN	40.00	Highest	$470,714	$53,937	$524,651

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	$65,186,221	$74,066,780	$82,762,983	$-8,880,559
2023	$63,386,844	$72,742,062	$89,246,397	$-9,355,218
2022	$70,024,378	$72,985,369	$97,363,822	$-2,960,991
2021	$82,630,579	$66,346,496	$104,254,147	$16,284,083
2020	$56,007,954	$62,840,068	$101,205,646	$-6,832,114
2019	$60,174,622	$60,923,857	$88,119,553	$-749,235
2018	$60,226,765	$59,925,341	$87,134,498	$301,424

CAMERON REGIONAL MEDICAL CENTER