CHATUGE REGIONAL HOSPITAL INC (EIN 582513901) - 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

1955

Legal Domicile

Principal Officer

KEVIN L BIERSCHENK

Phone

7068962222

Tax Period

2024-05-01 to 2025-04-30

CHATUGE REGIONAL HOSPITAL INC, founded in 1955, is a mid-sized nonprofit in the Health Care sector that reported $35.4M in total revenue in fiscal year 2024.

Mission

TO PROVIDE HIGH QUALITY, COST EFFECTIVE HEALTH CARE AND TO PROMOTE WELLNESS THROUGHOUT OUR COMMUNITY.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,381,186

Program Service Revenue $33,662,101

Investment Income $32,086

Other Revenue $322,330

TOTAL REVENUE $35,397,703

Expense Breakdown

Grants Paid $0

Salaries & Benefits $21,029,613

Fundraising Expenses $0

Program Expenses $30,394,774

Other Expenses $13,882,165

TOTAL EXPENSES $34,911,778

Year-over-Year Comparison

	2024	2023	Change
Revenue	$35,397,703	$36,745,484	0.0%
Expenses	$34,911,778	$34,758,680	+0.0%
Net Income	$485,925	$1,986,804	-0.8%

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

353

Volunteers

N/A

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

$1,604,254

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SUZANNE TURNER MD	PHYSICIAN	40.00	Highest	$650,856	$33,369	$684,225
KEVIN L BIERSCHENK	CEO	40.00	Officer	$0	$22,783	$656,935
JULIA BARNETT	CNO	40.00	Officer	$0	$29,444	$316,450
MICHAEL GAY	COO	40.00	Officer	$0	$29,657	$316,415
NICHOLAS TOWNSEND	CFO	40.00	Officer	$0	$27,449	$314,454
RYAN SNOW	ADMINISTRATO	40.00	Highest	$232,018	$8,983	$241,001
CHANTAL N CRUZ	DIRECTOR OF	40.00	Highest	$144,055	$5,762	$149,817
EDWARD DELONG	REGISTERED N	40.00	Highest	$129,252	$19,257	$148,509
TANYA LONG	DIRECTOR OF	40.00	Highest	$128,388	$12,835	$141,223
RICK DAVENPORT	SECRETARY	1.00	Director	$0	$0	$0
THOMAS GARY MD	DIRECTOR	1.00	Director	$0	$0	$0
SONNY MAHAN	DIRECTOR	1.00	Director	$0	$0	$0
GREG OWENBY	DIRECTOR	1.00	Director	$0	$0	$0
DINAH PARIS	VICE CHAIR	1.00	Officer Director	$0	$0	$0
STEVEN ROWE	CHAIRMAN	1.00	Officer Director	$0	$0	$0

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	$35,397,703	$34,911,778	$18,131,251	$485,925
2024	$36,745,484	$34,758,680	$17,602,267	$1,986,804
2023	$33,534,530	$30,210,391	$15,407,644	$3,324,139
2022	$37,180,775	$30,530,895	$18,176,211	$6,649,880
2021	$29,232,349	$28,329,539	$14,558,257	$902,810
2020	$27,306,314	$30,139,609	$15,467,393	$-2,833,295
2019	$26,161,179	$28,437,651	$20,071,006	$-2,276,472
2018	$24,188,324	$25,596,220	$15,999,336	$-1,407,896

CHATUGE REGIONAL HOSPITAL INC