HENRY FORD HEALTH SYSTEM GOVERNMEN… - Form 990 Financial Data

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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

2013

Legal Domicile

Principal Officer

ROBIN DAMSCHRODER

Phone

3138768714

Tax Period

2023-01-01 to 2023-12-31

HENRY FORD HEALTH SYSTEM GOVERNMENT AFFAIRS SERVICES, founded in 2013, is a community nonprofit in the Health Care sector that reported $1.3M in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion.

Mission

THE PURPOSE OF THE HENRY FORD HEALTH SYSTEM GOVERNMENT AFFAIRS SERVICES IS TO PROTECT THE ECONOMIC VIABILITY OF HENRY FORD HEALTH SYSTEM AND ITS RELATED ENTITIES BY ADVOCATING AT THE LOCAL, STATE, AND FEDERAL LEVELS OF GOVERNMENT FOR ANY AND ALL MATTERS THAT IMPACT COSTS, OPERATIONS, STRATEGIC PLAN AND/OR ITS ABILITY TO PROVIDE BENEFITS TO THE COMMUNITY.

Program Service Accomplishments

Program 1

Expenses: $1,275,397 Revenue: $1,256,189

ADVOCACY TO SUPPORT THE VIABILITY OF HF HEALTH TO PROVIDE COMMUNITY BENEFITS.

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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 $0

Program Service Revenue $1,256,189

Investment Income $1,589

Other Revenue $0

TOTAL REVENUE $1,257,778

Expense Breakdown

Grants Paid $0

Salaries & Benefits $869,465

Fundraising Expenses $0

Program Expenses $1,275,397

Other Expenses $405,932

TOTAL EXPENSES $1,275,397

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,257,778	$1,155,658	+0.1%
Expenses	$1,275,397	$1,184,577	+0.1%
Net Income	$-17,619	$-28,919	-0.4%

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

N/A

Employees

N/A

Volunteers

N/A

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

$8,847,448

Total Directors

$18,305,114

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DENISE BROOKS-WILLIAMS	DIRECTOR	1.00	Director	$0	$47,881	$1,689,777
ROBIN S DAMSCHRODER	DIRECTOR, TREASURER	2.00	Officer Director	$0	$61,913	$2,468,944
MICHAEL A GENORD MD	DIRECTOR	1.00	Director	$0	$34,016	$1,559,474
VERONICA M HALL RN	DIRECTOR	1.00	Director	$0	$106,365	$888,160
MICHELLE JOHNSON TIDJANI ESQ	DIRECTOR, SECRETARY (THRU 9/2023)	2.00	Officer Director	$0	$47,822	$1,615,611
SHANNA JOHNSON	DIRECTOR	1.00	Director	$0	$50,380	$585,283
BRUCE K MUMA MD	DIRECTOR	1.00	Director	$0	$70,282	$699,766
ADNAN R MUNKARAH MD	DIRECTOR	1.00	Director	$0	$68,285	$2,403,542
ROBERT G RINEY	DIRECTOR,CHAIR,PRESIDENT	2.00	Officer Director	$0	$57,039	$4,524,962
BARBARA W ROSSMANN	DIRECTOR (THRU 6/2023)	1.00	Director	$0	$598,641	$1,371,069
RAND J O'LEARY	DIRECTOR (START 4/2023)	1.00	Director	$0	$48,440	$498,526
MARJORIE A STATEN JD	SECRETARY (START 9/2023)	2.00	Officer	$0	$14,695	$237,931
WILLIAM A CONWAY MD	FORMER DIRECTOR	0.00		$0	$34,375	$201,780
ERIC E WALLIS DNP	FORMER DIRECTOR	0.00		$0	$152,259	$892,029
PAULA AUTRY	FORMER DIRECTOR	0.00		$0	$0	$368,899
CARLADENISE A EDWARDS PHD	FORMER DIRECTOR	0.00		$0	$0	$1,000,937

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	No data	No data	No data	No data
2023	$1,257,778	$1,275,397	$36,520	$-17,619
2022	$1,155,658	$1,184,577	$54,499	$-28,919
2021	$1,205,905	$1,243,937	$94,836	$-38,032
2020	$1,121,741	$1,134,571	$123,951	$-12,830
2019	$1,259,876	$1,315,336	$179,018	$-55,460

HENRY FORD HEALTH SYSTEM GOVERNMENT AFFAIRS SERVICES