WINSTON SALEM, NC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)THE PRESBYTERIAN HOSPITAL, founded in 1903, is a large national nonprofit in the Health Care sector that reported $2.0B in total revenue in fiscal year 2023. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $1.7B left a modest 13% surplus.
PART I, LINE 1A: FRINGE OR EXPENSE EXPLANATION FIRST-CLASS OR CHARTER TRAVEL: FIRST-CLASS OR CHARTER TRAVEL IS NOT A COVERED TRAVEL EXPENSE FOR EXECUTIVES; THEY ARE LIMITED TO BUSINESS OR COACH CLASS FARES FOR COMMERCIAL FLIGHTS. HOWEVER, CHARTER TRAVEL IS AVAILABLE TO CERTAIN EXECUTIVES, BOARD MEMBERS, AND APPROVED BUSINESS PERSONNEL MEETING APPLICABLE POLICY CRITERIA. TRAVEL FOR COMPANIONS: COMPANIONS ARE ALLOWED ON CERTAIN CHARTER FLIGHTS PAID FOR BY THE ORGANIZATION. IN THAT CASE, THE VALUE OF THE COMPANION'S FLIGHT IS CALCULATED UNDER APPLICABLE TAX LAWS AND THAT AMOUNT IS INCLUDED IN THE EXECUTIVE'S TAXABLE INCOME AS PRESCRIBED BY THE APPLICABLE TAX LAWS. DISCRETIONARY SPENDING ACCOUNT: CERTAIN EXECUTIVES RECEIVE A DISCRETIONARY SPENDING ACCOUNT. THE DOLLAR AMOUNT IN THE ACCOUNT IS PRE-APPROVED BY THE COMPENSATION AND LEADERSHIP COMMITTEE OF THE NOVANT HEALTH BOARD OF TRUSTEES. THE EXECUTIVE MAY DEFER THE AMOUNT TO A RETIREMENT ACCOUNT OR THE AMOUNT IS TREATED AS COMPENSATION AND IS SPREAD OUT OVER THE COURSE OF THE YEAR IN THE EXECUTIVE'S PAYCHECKS AS TAXABLE INCOME. HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE: WE PROVIDE TEMPORARY HOUSING ALLOWANCES IN CERTAIN EXECUTIVE RECRUITMENT AND RELOCATION PACKAGES. THE VALUE IS CALCULATED UNDER APPLICABLE TAX LAWS AND THAT AMOUNT IS INCLUDED IN THE EXECUTIVE'S INCOME AS PRESCRIBED BY THE APPLICABLE TAX LAWS.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $1,961,862,731 | $1,695,977,463 | +0.2% |
| Expenses | $1,703,294,271 | $1,582,529,523 | +0.1% |
| Net Income | $258,568,460 | $113,447,940 | +1.3% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| DANIEL COTTINGHAM | TRUSTEE (TO 12/31/23) | 0.20 |
Director
|
$0 | $0 | $0 |
| DAVID VOELLINGER MD | TRUSTEE (TO 4/30/23) | 0.20 |
Director
|
$0 | $62,540 | $796,463 |
| JAMES JOHNSON MD | TRUSTEE | 0.20 |
Director
|
$0 | $0 | $0 |
| JAMES TAYLOR | CHAIR | 0.20 |
Officer
Director
|
$0 | $0 | $0 |
| JANELLE LYONS | TRUSTEE | 0.20 |
Director
|
$0 | $0 | $0 |
| JOHN LEWIS | TRUSTEE | 0.20 |
Director
|
$0 | $0 | $0 |
| JONI DAVIS | TRUSTEE (TO 12/31/23) | 0.20 |
Director
|
$0 | $0 | $0 |
| KATE HATCHER MD | TRUSTEE (TO 12/31/23) | 0.20 |
Director
|
$0 | $0 | $0 |
| KANDI DEITEMEYER EDD | VICE CHAIR | 0.20 |
Officer
Director
|
$0 | $0 | $0 |
| KIMBERLY CASE MD | TRUSTEE | 0.20 |
Director
|
$0 | $29,427 | $364,100 |
| LINDA FARTHING | SECR (TO 12/31/23) | 0.20 |
Officer
Director
|
$0 | $0 | $0 |
| LUIS LOBO | TRUSTEE | 0.20 |
Director
|
$0 | $0 | $0 |
| MICHELLE LEE | TREAS | 0.20 |
Officer
Director
|
$0 | $0 | $0 |
| PATRICK WILSON MD | TRUSTEE (FR 5/1/23) | 0.20 |
Director
|
$0 | $0 | $0 |
| SAAD EHTISHAM | TRUSTEE, SVP, PRES NHPMC/GCM | 50.20 |
Officer
Director
|
$1,260,230 | $172,687 | $1,432,917 |
| TALIA GOLDMAN | TRUSTEE | 0.20 |
Director
|
$0 | $0 | $0 |
| THADDEUS JONES | TRUSTEE | 0.20 |
Director
|
$0 | $0 | $0 |
| FRED HARGETT | EVP/CFO (TO 9/6/23) | 0.20 |
Officer
|
$0 | $50,705 | $2,451,375 |
| GEOFFREY GARDNER | CFO (FR 9/6/23) | 0.20 |
Officer
|
$0 | $128,749 | $1,037,855 |
| JAMIE FEINOUR | COO PMC, PRES NHCOH | 50.00 |
Key Emp
|
$736,760 | $65,255 | $802,015 |
| JANELLE FAUCI MD | OBGYN GYN ONC | 45.00 |
Highest
|
$959,647 | $44,902 | $1,004,549 |
| JOHN MCDONALD MD | CLIN PHYS EXEC | 45.00 |
Highest
|
$824,126 | $59,868 | $883,994 |
| KELLIE SCHNEIDER MD | OBGYN GYN ONC | 45.00 |
Highest
|
$929,204 | $44,847 | $974,051 |
| PETER TURK MD FACS | GENERAL SURGEON | 45.00 |
Highest
|
$1,039,680 | $46,301 | $1,085,981 |
| SIDNEY FLETCHER MD | SVP, CH CLIN OFF | 45.00 |
Highest
|
$1,091,207 | $158,633 | $1,249,840 |
| KATRINA KING | FMR KE (12/31/21) | 0.00 |
|
$0 | $39,024 | $463,635 |
| KELLI SADLER | FMR KE (12/31/21) | 50.00 |
|
$189,245 | $3,065 | $192,310 |
| LARRY WEEMS II MD | FMR KE (12/31/21) | 12.50 |
|
$0 | $14,104 | $513,670 |
| MICHAEL RILEY | FMR KE (12/31/21) | 50.00 |
|
$652,490 | $46,260 | $698,750 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $1,961,862,731 | $1,703,294,271 | $3,105,375,117 | $258,568,460 |
| 2022 | $1,695,977,463 | $1,582,529,523 | $2,871,169,174 | $113,447,940 |
| 2021 | $1,815,365,290 | $1,538,214,997 | $2,804,802,486 | $277,150,293 |
| 2020 | $1,640,147,389 | $1,455,871,122 | $2,552,970,287 | $184,276,267 |
| 2019 | $1,586,146,516 | $1,411,439,528 | $2,185,006,022 | $174,706,988 |
| 2018 | $1,421,842,655 | $1,198,849,423 | $1,989,743,576 | $222,993,232 |
Compare THE PRESBYTERIAN HOSPITAL with other nonprofits in North Carolina and across the country.