NEBRASKA METHODIST HEALTH SYSTEM I… - Form 990 Financial Data

🔒

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

1981

Legal Domicile

Principal Officer

STEPHEN GOESER

Phone

4023544840

Tax Period

2023-01-01 to 2023-12-31

NEBRASKA METHODIST HEALTH SYSTEM INC, founded in 1981, is a mid-sized nonprofit in the Health Care sector that reported $86.4M in total revenue in fiscal year 2023. Net assets of $1.2B represent 161 months of operating reserves.

Mission

NEBRASKA METHODIST HEALTH SYSTEM IS COMMITTED TO IMPROVING THE HEALTH OF OUR COMMUNITIES BY THE WAY WE CARE, EDUCATE AND INNOVATE.

Program Service Accomplishments

Program 1

Expenses: $84,512,730 Revenue: $81,027,265

NEBRASKA METHODIST HEALTH SYSTEM SUPPORTS THE MISSION OF CARING FOR PEOPLE THROUGH THE COORDINATION OF THE METHODIST HEALTH SYSTEM FAMILY OF RELATED CORPORATIONS.TO ACHIEVE THE HIGHEST QUALITY...

NEBRASKA METHODIST HEALTH SYSTEM SUPPORTS THE MISSION OF CARING FOR PEOPLE THROUGH THE COORDINATION OF THE METHODIST HEALTH SYSTEM FAMILY OF RELATED CORPORATIONS.TO ACHIEVE THE HIGHEST QUALITY HEALTHCARE AT THE LOWEST COST, THE NEBRASKA METHODIST HEALTH SYSTEM HAS CONSOLIDATED SEVERAL ESSENTIAL FUNCTIONS, AND, IN TURN, PROVIDES THESE SERVICES FROM A CENTRALIZED SOURCE FOR MAXIMUM EFFICIENCY TO ALL AFFILIATED PROVIDERS. THE SERVICES INCLUDE MANAGEMENT CONSULTING, FINANCE, OPERATIONS ANALYSIS, DATA PROCESSING AND HUMAN RESOURCES FUNCTIONS.

Program 2

Expenses: $1,986,555 Revenue: $1,890,140

BEST CARE EAP IS A PREMIER PROVIDER OF CUSTOMIZED EMPLOYEE ASSISTANCE PROGRAMS, MANAGEMENT CONSULTATION, EMPLOYEE AND LEADERSHIP TRAINING AND DEVELOPMENT, PERFORMANCE COACHING AND WORK/LIFE SERVICES. BEST CARE EAP PARTNERS WITH ORGANIZATIONS ACROSS THE COUNTRY TO FACILITATE A HEALTHIER, MORE PRODUCTIVE WORKFORCE.THE EMPLOYEE ASSISTANCE PROGRAM (EAP) CONDUCTS CRITICAL SUPPORT ACTIVITIES FOR TRAUMATIC EVENTS SUCH AS THE DEATH OF AN EMPLOYEE, WORKPLACE ACCIDENTS, NATURAL DISASTERS AND VIOLENCE IN THE WORKPLACE. TRAUMA RESPONSE INCLUDES IMMEDIATE PHONE CONSULTATION. THE GOAL OF TRAUMA RESPONSE IS TO MINIMIZE THE DAMAGE CREATED BY THE ORDEAL AND TO SPEED THE RECOVERY PROCESS FOR PERSONNEL AND THE ORGANIZATION. EAP ALSO ASSISTS MANAGERS IN RECOGNIZING POST-TRAUMA SYMPTOMS AND PROVIDES GUIDANCE ON HOW TO REFER THE EMPLOYEE TO EAP. DURING AND AFTER, COUNSELORS WILL IDENTIFY AND REFER THOSE EMPLOYEES NEEDING FURTHER COUNSELING ASSISTANCE. SPECIALLY TRAINED PROFESSIONAL COUNSELORS CONDUCT SHORT TERM COUNSELING SERVICES TO HELP INDIVIDUALS AND FAMILIES OFFERING AN UNBIASED, INFORMAL AND CONFIDENTIAL ENVIRONMENT TO WORK THROUGH PERSONAL PROBLEMS AND FINANCIAL DIFFICULTIES. THIS WAS ESPECIALLY IMPORTANT DURING THE COVID-19 PANDEMIC OF 2020 - 2022.DURING 2023, THE EAP ALSO FACILITATED EMPLOYEE AND SUPERVISORY TRAINING IN SUCH AREAS AS MANAGEMENT, WELLNESS, ATTITUDE/MOTIVATION AND HUMAN RESOURCES TOPICS.

🔒

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 $107,640

Program Service Revenue $82,619,195

Investment Income $1,410,471

Other Revenue $2,239,088

TOTAL REVENUE $86,376,394

Expense Breakdown

Grants Paid $102,375

Salaries & Benefits $75,204,892

Fundraising Expenses $0

Program Expenses $86,499,285

Other Expenses $19,431,201

TOTAL EXPENSES $94,738,468

Year-over-Year Comparison

	2023	2022	Change
Revenue	$86,376,394	$83,237,317	+0.0%
Expenses	$94,738,468	$86,070,973	+0.1%
Net Income	$-8,362,074	$-2,833,656	+2.0%

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

941

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

$2,340,010

Total Directors

$2,949,132

Key Employees

$4,501,546

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CL LANDEN III	DIRECTOR	1.00	Director	$0	$0	$0
MONTY SELLON MD	DIRECTOR	1.00	Director	$0	$45,020	$554,672
JODY HORNER	DIRECTOR	1.00	Director	$0	$0	$0
RICHARD C HAHN	DIRECTOR	1.00	Director	$0	$0	$0
CAROLEE JONES MD	DIRECTOR	1.00	Director	$0	$63,735	$862,360
DAN KINNEY PHD	DIRECTOR	1.00	Director	$0	$0	$0
JOHN NELSON	DIRECTOR	1.00	Director	$0	$0	$0
BRET C GRIESS	SECRETARY	1.00	Officer Director	$0	$0	$0
SID DINSDALE	DIRECTOR	1.00	Director	$0	$0	$0
ADAM YALE	VICE CHAIRMAN	1.00	Officer Director	$0	$0	$0
DEB BASS	TREASURER	1.00	Officer Director	$0	$0	$0
LARRY V PEARSON	CHAIRMAN	1.00	Officer Director	$0	$0	$0
STEPHEN L GOESER	PRES/CEO NE METH HEALTH	16.00	Officer Director	$1,250,508	$281,592	$1,532,100
JEFFREY E FRANCIS	CFO	6.00	Officer	$659,734	$148,176	$807,910
SHARI FLOWERS	VICE PRESIDENT COMPLIANCE	40.00	Key Emp	$245,916	$58,742	$304,658
JEFF PROCHAZKA	VICE PRESIDENT STRATEGIC P	40.00	Key Emp	$354,252	$76,216	$430,468
KENT SONA	CHIEF INFORMATION OFFICER	40.00	Key Emp	$421,475	$95,587	$517,062
TRACY MADDEN-MCMAHON	EXECUTIVE	1.00	Key Emp	$326,926	$75,410	$402,336
BRETT RICHMOND	EXECUTIVE	1.00	Key Emp	$430,462	$104,208	$534,670
DAVID BURD	EXECUTIVE	1.00	Key Emp	$345,839	$91,273	$437,112
TODD GRAGES	EXECUTIVE	1.00	Key Emp	$521,363	$123,433	$644,796
JOSEPHINE ABBOUD	EXECUTIVE	40.00	Key Emp	$624,461	$153,937	$778,398
PAULA PITTMAN	EXECUTIVE	40.00	Key Emp	$370,223	$81,823	$452,046
MARIE KOZEL	CHIEF NURSING INFORMATICS	40.00	Highest	$205,633	$44,962	$250,595
BILL VOBEJDA	VICE PRESIDENT INTEGRATED	39.00	Highest	$296,959	$61,358	$358,317
MICK VRBICKY	EXECUTIVE	40.00	Highest	$246,286	$63,884	$310,170
GREGORY HUTTEGER	CHIEF MEDICAL INFO OFFICER	40.00	Highest	$420,106	$100,652	$520,758
GARNET BLATCHFORD	EXECUTIVE	40.00	Highest	$275,214	$55,828	$331,042

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	$86,376,394	$94,738,468	$1,230,188,033	$-8,362,074
2022	$83,237,317	$86,070,973	$1,168,473,985	$-2,833,656
2021	$79,579,701	$83,968,119	$1,257,543,382	$-4,388,418
2020	$80,423,413	$79,440,931	$1,105,397,701	$982,482
2019	$72,064,192	$72,291,068	$973,536,368	$-226,876
2018	$74,955,877	$69,699,646	$835,105,196	$5,256,231

NEBRASKA METHODIST HEALTH SYSTEM INC