Virginia Hospital Center Arlington Health System

EIN: 540505989 501(c)(3) Health Care

Arlington, VA

Total Revenue
$824,880,162
Total Expenses
$800,667,266
Total Assets
$1,946,540,688
Net Assets
$1,320,389,617
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1945
Legal Domicile
VA
Phone
7035585000
Tax Period
2023-01-01 to 2023-12-31

Virginia Hospital Center Arlington Health System, founded in 1945, is a major nonprofit in the Health Care sector that reported $824.9M in total revenue in fiscal year 2023. Revenue grew 15% year-over-year, indicating healthy expansion.

Mission

TO BE THE BEST HOSPITAL. TO PROVIDE THE HIGHEST QUALITY CLINICAL CARE. TO ACHIEVE THE HIGHEST LEVELS OF PATIENT SATISFACTION. TO PROVIDE STATE OF-THE-ART FACILITIES AND EQUIPMENT. TO INNOVATE IN THE USE OF INFORMATION TECHNOLOGY. Continued on Schedule O.

Program Service Accomplishments

Program 1
Expenses: $666,718,087 Revenue: $763,079,158

Virginia Hospital Center Arlington Health System ("VHC") provides medical services to the community in the areas of surgery, cardiology, obstetrics, and emergency care, among other general medical...

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Virginia Hospital Center Arlington Health System ("VHC") provides medical services to the community in the areas of surgery, cardiology, obstetrics, and emergency care, among other general medical services. In 2023, VHC provided general medical services to 10,980 patients, performed 14,681 surgeries, and handled 340,200 cases in other medical specialties.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,730,402
Program Service Revenue $759,919,973
Investment Income $54,897,156
Other Revenue $7,332,631
TOTAL REVENUE $824,880,162

Expense Breakdown

Grants Paid $60,000
Salaries & Benefits $433,589,032
Fundraising Expenses $0
Program Expenses $666,718,087
Other Expenses $367,018,234
TOTAL EXPENSES $800,667,266

Year-over-Year Comparison

2023 2022 Change
Revenue $824,880,162 $718,834,378 +0.1%
Expenses $800,667,266 $696,853,284 +0.1%
Net Income $24,212,896 $21,981,094 +0.1%
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

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Governance

Voting Members
14
Independent Members
11
Employees
5009
Volunteers
184

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
7
$2,300,059
Total Directors
16
$243,209
Key Employees
10
$4,404,082
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A Secretary 4.0
Officer Director
$0 $0 $0
N/A VICE CHAIR 4.0
Officer Director
$0 $0 $0
N/A TREASURER 4.0
Officer Director
$0 $0 $0
N/A Board Member 4.0
Director
$0 $0 $0
N/A BOARD MEMBER 4.0
Director
$0 $0 $0
N/A BOARD MEMBER 4.0
Director
$0 $0 $0
N/A BOARD MEMBER (Through June 2023) 4.0
Director
$0 $0 $0
N/A BOARD MEMBER (Beginning July 2023) 4.0
Director
$0 $0 $0
N/A BOARD MEMBER 4.0
Director
$0 $0 $0
N/A BOARD MEMBER 4.0
Director
$0 $0 $0
N/A BOARD MEMBER 4.0
Director
$0 $0 $0
N/A BOARD MEMBER 4.0
Director
$0 $0 $0
N/A BOARD MEMBER 4.0
Director
$0 $0 $0
N/A Board member (through March 2023)/VP HEALTH SERVICES INTEGRATION 40.0
Director
$231,712 $11,497 $243,209
N/A BOARD MEMBER 4.0
Director
$0 $0 $0
N/A BOARD MEMBER 4.0
Director
$0 $0 $0
N/A Senior VP\Chief Legal Officer 40.0
Officer
$417,279 $48,053 $465,332
N/A President CEO 40.0
Officer
$1,168,077 $44,136 $1,212,213
N/A SENIOR VP CFO 40.0
Officer
$604,706 $17,808 $622,514
N/A Chair 4.0
Officer
$0 $0 $0
N/A VP Real Estate Development 40.0
Key Emp
$357,733 $47,586 $405,319
N/A Sr. VP Medical Affairs/CMO 40.0
Key Emp
$580,818 $486 $581,304
N/A AVP Perioperative Services and Operations 40.0
Key Emp
$274,612 $26,792 $301,404
N/A Senior VP, VHC Physician Group 40.0
Key Emp
$474,894 $17,160 $492,054
N/A Senior VP, CNO 40.0
Key Emp
$530,660 $54,396 $585,056
N/A VP CHIEF INFORMATION OFFICER 40.0
Key Emp
$521,761 $47,769 $569,530
N/A VP of Facilities 40.0
Key Emp
$293,652 $47,898 $341,550
N/A VP & Chief HR Officer 40.0
Key Emp
$311,331 $14,905 $326,236
N/A VP Chief Compliance Officer 40.0
Key Emp
$294,155 $42,229 $336,384
N/A Chief Medical Information Officer 40.0
Key Emp
$437,885 $27,360 $465,245
N/A VHCPG Vice Chief 40.0
Highest
$791,399 $40,224 $831,623
N/A Physician 40.0
Highest
$960,846 $41,125 $1,001,971
N/A Physician 40.0
Highest
$951,412 $41,125 $992,537
N/A VHCPG Vice Chief 40.0
Highest
$844,910 $31,960 $876,870
N/A Physician 40.0
Highest
$678,889 $17,361 $696,250
N/A Senior Advisor (Former Key Employee) 40.0
$127,973 $31,928 $159,901
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 $824,880,162 $800,667,266 $1,946,540,688 $24,212,896
2022 $718,834,378 $696,853,284 $1,674,570,899 $21,981,094
2021 $673,514,509 $620,623,522 $1,877,524,577 $52,890,987
2021 $673,514,509 $620,623,522 $1,877,524,577 $52,890,987
2020 $585,877,094 $540,271,546 $1,738,353,951 $45,605,548
2019 $607,565,105 $531,098,033 $1,290,415,695 $76,467,072
2018 $513,918,028 $518,281,128 $1,140,715,290 $-4,363,100
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