Bethesda Hospital Inc (EIN 592447554) - Form 990 Financial Analysis & Trantor Score

🔒

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

1959

Legal Domicile

Phone

7866627000

Tax Period

2023-10-01 to 2024-09-30

Bethesda Hospital Inc, founded in 1959, is a major nonprofit in the Health Care sector that reported $519.5M in total revenue in fiscal year 2023. Revenue surged 24% from the prior year, signaling strong growth momentum.

Mission

See Form 990, Part III, Line 1

🔒

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 $912,350

Program Service Revenue $469,283,642

Investment Income $33,901,736

Other Revenue $15,386,834

TOTAL REVENUE $519,484,562

Expense Breakdown

Grants Paid $0

Salaries & Benefits $211,907,462

Fundraising Expenses $0

Program Expenses $492,104,174

Other Expenses $338,103,320

TOTAL EXPENSES $550,010,782

Year-over-Year Comparison

	2023	2022	Change
Revenue	$519,484,562	$417,756,065	+0.2%
Expenses	$550,010,782	$525,634,579	+0.0%
Net Income	$-30,526,220	$-107,878,514	-0.7%

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

2877

Volunteers

109

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

$1,527,976

Total Directors

Key Employees

$2,356,685

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
George T Elmore	Director	2.0	Officer Director	$0	$0	$0
Barbara B Lucas	Director	2.0	Director	$0	$0	$0
Calvin H Babcock	Director	2.0	Director	$0	$0	$0
Colleen Rhodd	Director	2.0	Director	$0	$0	$0
I Jeffrey Pheterson ESQ	Director	2.0	Director	$0	$0	$0
John Pasqual DMD	Director	2.0	Director	$0	$0	$0
Marie Bedner	Director	2.0	Director	$0	$0	$0
Michael Mccarthy	Director	2.0	Director	$0	$0	$0
Roberta Stokes	Director	2.0	Director	$0	$0	$0
Steven Litinsky MD MBA	Director	2.0	Director	$0	$0	$0
Jared Smith	CEO	44.0	Officer	$0	$53,103	$571,837
Keith M Nilsson	Regional VP of Finance	25.0	Officer	$0	$166,435	$956,139
Ana Machado Rosacker	VP Administration	50.0	Key Emp	$255,936	$62,094	$318,030
Joanne Aquilina	VP of Finance Operations - End 06/2023	50.0	Key Emp	$1,035,370	$37,194	$1,072,564
Keith J Foster	CMO - Beg 01/2023	50.0	Key Emp	$486,185	$130,648	$616,833
Tracy Jo Edelstein	VP Nursing - End 11/2023	50.0	Key Emp	$307,416	$41,842	$349,258
Dana Marschall	Patient Care Supervisor	45.0	Highest	$256,955	$31,144	$288,099
Joshua Jay Bailin	Medical Dir Care Mgmt	45.0	Highest	$251,778	$25,751	$277,529
Michael P Shields	AVP Operations	45.0	Highest	$194,715	$24,336	$219,051
Sharlene Lau	Director Pharmacy	45.0	Highest	$197,615	$36,617	$234,232
Victor M Ospina	AVP Patient Care Svcs - End 10/2023	45.0	Highest	$237,993	$22,001	$259,994
Nelson Lazo	Former CEO	0.0		$0	$16,231	$441,480
Roger Kirk	Former CEO	0.0		$386,123	$0	$386,123

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	$519,484,562	$550,010,782	$397,415,418	$-30,526,220
2023	$417,756,065	$525,634,579	$396,550,429	$-107,878,514
2022	$402,080,725	$513,588,117	$360,206,928	$-111,507,392
2021	$384,523,374	$435,961,439	$437,055,378	$-51,438,065
2020	$424,699,317	$418,447,687	$331,023,091	$6,251,630
2019	$432,574,420	$398,249,301	$253,356,090	$34,325,119
2018	$339,554,551	$351,350,644	$262,262,853	$-11,796,093

Bethesda Hospital Inc