ST PETER'S HEALTH PARTNERS (EIN 453570715) - 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

2011

Legal Domicile

Principal Officer

STEVEN HANKS MD

Phone

5185251550

Tax Period

2024-07-01 to 2025-06-30

ST PETER'S HEALTH PARTNERS, founded in 2011, is a major nonprofit in the Health Care sector that reported $213.3M in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion.

Mission

TO PROVIDE HEALTH CARE SYSTEM MANAGEMENT AND SUPPORT

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,040,462

Program Service Revenue $211,900,326

Investment Income $22,924

Other Revenue $335,371

TOTAL REVENUE $213,299,083

Expense Breakdown

Grants Paid $250,264

Salaries & Benefits $36,262,622

Fundraising Expenses $0

Program Expenses $155,960,146

Other Expenses $180,037,278

TOTAL EXPENSES $216,550,164

Year-over-Year Comparison

	2024	2023	Change
Revenue	$213,299,083	$192,928,872	+0.1%
Expenses	$216,550,164	$194,666,339	+0.1%
Net Income	$-3,251,081	$-1,737,467	+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

Governance

Voting Members

Independent Members

Employees

429

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

$3,666,355

Total Directors

$4,572,370

Key Employees

$1,960,202

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEVEN HANKS MD	DIRECTOR; PRESIDENT & CEO	20.00	Officer Director	$0	$293,091	$1,744,842
KATHLEEN JIMINO	DIRECTOR; CHAIR	0.50	Officer Director	$0	$0	$0
WILLIAM WILDRIDGE III	DIRECTOR; VICE CHAIR	0.50	Officer Director	$0	$0	$0
JOHN MARSHALL	DIRECTOR; TREASURER	0.50	Officer Director	$0	$0	$0
GUHA BALA	DIRECTOR	0.50	Director	$0	$0	$0
GEORGE HEARST III	DIRECTOR AS OF 4/25	0.50	Director	$0	$0	$0
DANIEL ISACKSEN	DIRECTOR; TRINITY HEALTH CFO	0.50	Director	$0	$448,380	$2,827,147
PATRICIA LAPCZYNSKI RSM	DIRECTOR AS OF 1/25	0.50	Director	$0	$0	$0
MARY ANN LOGIUDICE RSM	DIRECTOR THRU 12/24	0.50	Director	$0	$0	$0
ROBERT MCCORMICK	DIRECTOR	0.50	Director	$0	$0	$0
LEE MCELROY JR	DIRECTOR THROUGH 12/24	0.50	Director	$0	$0	$0
MICHAEL MEATH	DIRECTOR	0.50	Director	$0	$0	$0
GINA MYERS PHD	DIRECTOR; SJHHC CONSULTANT	0.50	Director	$0	$0	$381
MERRIETTE POLLARD	DIRECTOR	0.50	Director	$0	$0	$0
MARGUERITE SULLIVAN RSM	DIRECTOR AS OF 1/25	0.50	Director	$0	$0	$0
KERRI SWEET ZAVAGLIA	DIRECTOR	0.50	Director	$0	$0	$0
OLUWATOYIN TODAFE	DIRECTOR	0.50	Director	$0	$0	$0
JULIE EDMUNDS SMITH	VP, CFO - NY REG AS OF 11/24	15.00	Officer	$0	$50,273	$471,132
ERIC FARRELL	SECRETARY; ASSOC COUNSEL, NY REGION	30.00	Officer	$0	$52,080	$327,040
THOMAS ROBERT	VP, CFO & TREAS - NY REG THR 11/24	15.00	Officer	$0	$54,651	$1,123,341
MICHELLE MAZZACCO	EVP, CONTINUING CARE	33.00	Key Emp	$0	$26,901	$455,350
KIM BAKER	SVP, HOSPITAL OPERATIONS	10.00	Key Emp	$0	$147,487	$932,252
MARK MURPHY	CHIEF STRATEGY OFFICER - NY REGION	35.00	Key Emp	$0	$58,740	$572,600
KELLIE VALENTI	SPHPMA PRESIDENT	0.00	Highest	$0	$130,145	$777,975
CHRISTOPHER JORDAN	SVP, HOSPITAL OPERATIONS	40.00	Highest	$0	$114,616	$682,984
PETER SEMENZA	VP PHILANTHROPY	19.00	Highest	$0	$55,046	$567,490
LORI SANTOS	VP, SUPPORT OPS THRU 6/25	30.00	Highest	$0	$25,905	$534,068
MICHAEL BURKE MD	CHIEF MEDICAL OFFICER CONT CARE	33.00	Highest	$493,342	$54,522	$547,864
DENISE MORMINO	FORMER OFF; NY REGIONAL CONTROLLER	35.00		$0	$52,024	$347,407
JAMES REED MD	FORMER OFFICER	0.00		$0	$0	$147,613
MICHAEL FINEGAN	FORMER KE; TRINITY HEALTH CONSULTANT	0.00		$0	$42,551	$586,854

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	$213,299,083	$216,550,164	$150,032,938	$-3,251,081
2024	No data	No data	No data	No data
2023	$181,072,539	$180,622,941	$169,420,948	$449,598
2022	$180,469,162	$175,518,436	$221,770,467	$4,950,726
2021	$186,168,825	$181,917,211	$341,375,270	$4,251,614
2020	$176,061,979	$177,009,304	$269,114,358	$-947,325
2019	$157,823,846	$160,396,212	$207,634,382	$-2,572,366
2018	$150,611,313	$152,049,080	$177,030,543	$-1,437,767

ST PETER'S HEALTH PARTNERS