SSM HEALTH CARE CORPORATION (EIN 466029223) - 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

1874

Legal Domicile

Principal Officer

LAURA KAISER

Phone

3149947800

Tax Period

2023-01-01 to 2023-12-31

SSM HEALTH CARE CORPORATION, founded in 1874, is a large national nonprofit in the Health Care sector that reported $1.2B in total revenue in fiscal year 2023. Revenue surged 21% from the prior year, signaling strong growth momentum.

Mission

THE ORGANIZATION IS THE PARENT OF THE SSM HEALTH SYSTEM. THE ORGANIZATION PROVIDES MANAGEMENT AND CENTRALIZED SUPPORT SERVICES TO THE HOSPITALS AND OTHER HEALTH CARE ORGANIZATIONS WITHIN THE SYSTEM.

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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 $88,914,715

Program Service Revenue $1,039,933,735

Investment Income $65,556,902

Other Revenue $508,032

TOTAL REVENUE $1,194,913,384

Expense Breakdown

Grants Paid $601,524

Salaries & Benefits $261,199,000

Fundraising Expenses $0

Program Expenses $827,501,475

Other Expenses $922,955,952

TOTAL EXPENSES $1,184,756,476

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,194,913,384	$988,615,388	+0.2%
Expenses	$1,184,756,476	$1,008,576,768	+0.2%
Net Income	$10,156,908	$-19,961,380	-1.5%

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

2085

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

$17,809,038

Total Directors

$7,646,448

Key Employees

$10,313,073

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SR MARY NOEL BROWN CSA	DIRECTOR (EX-OFFICIO)	1.00	Director	$0	$0	$0
SR KATHLEEN BUCHHEIT FSM	DIRECTOR (EX-OFFICIO)	1.00	Director	$0	$0	$0
RICK CORCORAN	DIRECTOR, CHAIR	1.00	Officer Director	$0	$0	$0
MARIE DEVLIN	DIRECTOR, VICE CHAIR	1.00	Officer Director	$0	$0	$0
DON IMHOLZ	DIRECTOR	1.00	Director	$0	$0	$0
LAWRENCE LEGRAND	DIRECTOR	1.00	Director	$0	$0	$0
TOM MERFELD	DIRECTOR	1.00	Director	$0	$0	$0
EVANS RICHARDSON	DIRECTOR	1.00	Director	$0	$0	$0
SAMUEL L ROSS MD	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL ROZIER SJ	DIRECTOR (EX-OFFICIO)	1.00	Director	$0	$0	$0
JAMES WHALEN	DIRECTOR	1.00	Director	$0	$0	$0
JANICE BURNETT PHD	DIRECTOR	1.00	Director	$0	$0	$0
JOHN HARDT PHD	DIRECTOR	1.00	Director	$0	$0	$0
CAROLYN KINDLE	DIRECTOR	1.00	Director	$0	$0	$0
LAURA KAISER	DIRECTOR (EX-OFFICIO), PRES/CEO	50.00	Officer Director	$4,644,135	$3,002,313	$7,646,448
SR JUDITH BELL FSM	DIRECTOR	1.00	Director	$0	$0	$0
ALEX J VALDEZ	DIRECTOR	1.00	Director	$0	$0	$0
TOMAS VALDIVIA MD	DIRECTOR	1.00	Director	$0	$0	$0
STEVE SMOOT	VICE PRESIDENT, COO AT SSM HEALTH	50.00	Officer	$2,054,358	$1,204,489	$3,258,847
RANDY COMBS	TREASURER, CFO AT SSM HEALTH	50.00	Officer	$2,182,354	$1,238,074	$3,420,428
DOUGLAS LONG	SECRETARY, CLO AT SSM HEALTH	50.00	Officer	$1,425,239	$777,013	$2,202,252
MARK CAGWIN	ASSISTANT TREASURER	40.00	Officer	$592,209	$188,240	$780,449
JENNIFER HORROM	ASSISTANT SECRETARY	40.00	Officer	$372,253	$128,361	$500,614
PATRICK MCCRUDEN	CHIEF MISSION INTEGRATION OFFICER	40.00	Key Emp	$794,349	$469,733	$1,264,082
TODD SHUMAN MD	CHIEF CLINICAL OFFICER	40.00	Key Emp	$1,436,711	$793,115	$2,229,826
ALEXANDER GARZA MD	CHIEF COMMUNTY HEALTH OFFICER	40.00	Key Emp	$1,032,700	$624,655	$1,657,355
JANET SMITH-HILL	CHIEF HUMAN RESOURCES OFFICER	40.00	Key Emp	$1,060,510	$694,382	$1,754,892
CARTER DREDGE	LEAD FUTURIST	40.00	Key Emp	$890,988	$528,294	$1,419,282
JOHN NGUYEN	CHIEF ADMINISTRATIVE OFFICER	40.00	Key Emp	$1,225,872	$761,764	$1,987,636
JEREMY FOTHERINGHAM	REGIONAL PRESIDENT - ST. LOUIS	20.00	Highest	$1,125,814	$687,586	$1,813,400
JOY GROSSER	CHIEF INFORMATION OFFICER	20.00	Highest	$860,536	$306,224	$1,166,760
KAREN REWERTS	VP-FINANCIAL OPERATIONS	40.00	Highest	$801,331	$287,514	$1,088,845
TIM JOHNSON	VP-CLINICAL INTEGRATION	40.00	Highest	$749,701	$300,989	$1,050,690
BRENDA CHILMAN	CHIEF REVENUE CYCLE OFFICER	40.00	Highest	$665,694	$195,008	$860,702
MATT HANLEY MD	FORMER KEY EMPLOYEE	0.00		$974,654	$0	$974,654

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	$1,194,913,384	$1,184,756,476	$5,489,373,100	$10,156,908
2022	$988,615,388	$1,008,576,768	$3,982,767,692	$-19,961,380
2021	$1,122,383,312	$1,052,616,609	$4,828,751,845	$69,766,703
2020	$1,033,534,741	$949,964,084	$4,485,127,106	$83,570,657
2019	$829,259,719	$826,535,021	$3,699,563,741	$2,724,698
2018	$652,355,842	$661,200,240	$3,462,016,673	$-8,844,398
2018	$652,355,842	$661,200,240	$3,462,016,673	$-8,844,398

SSM HEALTH CARE CORPORATION