MEMORIAL HEALTH CARE SYSTEMS

🔒

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

1947

Legal Domicile

Principal Officer

GREG JERGER

Phone

4026432971

Tax Period

2023-10-01 to 2024-09-30

MEMORIAL HEALTH CARE SYSTEMS, founded in 1947, is a mid-sized nonprofit in the Health Care sector that reported $47.1M in total revenue in fiscal year 2023. Expenses of $43.9M left a modest 7% surplus.

Mission

WE ENHANCE THE QUALITY OF LIFE FOR INDIVIDUALS IN OUR COMMUNITIES BY PROVIDING EXCELLENCE IN HEALTH CARE SERVICES IN THE MOST APPROPRIATE SETTINGS.

Program Service Accomplishments

Program 1

Expenses: $20,945,488 Revenue: $25,493,771

HOSPITAL OUTPATIENT SERVICES - THE HOSPITAL PROVIDES OUTPATIENT DIAGNOSTIC, THERAPEUTIC, SURGICAL AND EMERGENCY SERVICES TO THE COMMUNITY. THERE WERE APPROXIMATELY 41,265 OUTPATIENT VISITS THIS YEAR.

Program 2

Expenses: $7,874,188 Revenue: $8,187,493

FAMILY PRACTICE PHYSICIAN CLINIC SERVICES - THE ORGANIZATION PROVIDES 9 BOARD CERTIFIED FAMILY PRACTICE PHYSICIANS AND 5 PHYSICIAN ASSISTANTS THAT STAFF THE CLINICS IN SEWARD, MILFORD AND UTICA...

FAMILY PRACTICE PHYSICIAN CLINIC SERVICES - THE ORGANIZATION PROVIDES 9 BOARD CERTIFIED FAMILY PRACTICE PHYSICIANS AND 5 PHYSICIAN ASSISTANTS THAT STAFF THE CLINICS IN SEWARD, MILFORD AND UTICA. THESE CLINICS OFFER THE MAIN SOURCE OF PRIMARY CARE FOR THE COMMUNITY. THERE WERE APPROXIMATELY 29,380 OFFICE VISITS THIS YEAR.

Program 3

Expenses: $4,563,399 Revenue: $5,554,334

HOSPITAL ACUTE INPATIENT, SKILLED NURSING AND ASSISTED LIVING SERVICES - THE HOSPITAL PROVIDES THREE DIFFERENT LEVELS OF INPATIENT SERVICES TO THE COMMUNITY TO MEET THE LEVEL OF CARE NEEDS FOR EACH PATIENT, INCLUDING DELIVERY AND NURSERY SERVICES. THERE WERE APPROXIMATELY 4,097 PATIENT DAYS THIS YEAR.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $369,906

Program Service Revenue $43,865,604

Investment Income $2,892,877

Other Revenue $-61,159

TOTAL REVENUE $47,067,228

Expense Breakdown

Grants Paid $750,000

Salaries & Benefits $25,571,479

Fundraising Expenses $52,808

Program Expenses $37,311,286

Other Expenses $17,596,846

TOTAL EXPENSES $43,918,325

Year-over-Year Comparison

	2023	2022	Change
Revenue	$47,067,228	$47,757,978	0.0%
Expenses	$43,918,325	$41,489,260	+0.1%
Net Income	$3,148,903	$6,268,718	-0.5%

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

322

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

$893,369

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MIKE HECKER	CHAIRPERSON	8.00	Officer Director	$0	$0	$0
DONNA HAVENER	VICE CHAIR	5.00	Officer Director	$0	$0	$0
MIKE TOMES	SECRETARY/TREASURER	5.00	Officer Director	$0	$0	$0
LANA DAWS	DIRECTOR	4.00	Director	$0	$0	$0
KEVIN WINGARD	DIRECTOR	4.00	Director	$0	$0	$0
BRAD PERDUE	DIRECTOR	4.00	Director	$0	$0	$0
JILL EBERSPACHER	DIRECTOR THRU 01/24	4.00	Director	$0	$0	$0
GREG JERGER	CHIEF FINANCIAL OFFICER	55.00	Officer	$376,019	$53,690	$429,709
ROGER REAMER	CHIEF EXECUTIVE OFFICER	55.00	Officer	$411,060	$52,600	$463,660
JAMES PLASEK	PHYSICIAN	55.00	Highest	$460,764	$66,716	$527,480
JOEL GABRIEL	PHYSICIAN	55.00	Highest	$321,974	$67,046	$389,020
JARED KETNER	PHYSICIAN	55.00	Highest	$324,221	$67,716	$391,937
TRISHA SAMS	PHYSICIAN	55.00	Highest	$328,134	$66,530	$394,664
BRANDON HENLEY	PHYSICIAN	55.00	Highest	$318,583	$61,668	$380,251

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	No data	No data	No data	No data
2024	$47,067,228	$43,918,325	$102,764,564	$3,148,903
2023	$47,757,978	$41,489,260	$96,622,421	$6,268,718
2022	$46,821,934	$40,873,843	$88,992,285	$5,948,091
2021	$48,231,083	$37,597,270	$92,689,611	$10,633,813
2020	$38,239,352	$34,100,930	$88,328,981	$4,138,422
2019	$37,281,273	$32,901,899	$69,880,875	$4,379,374
2018	$35,675,199	$31,795,885	$64,951,873	$3,879,314