MEMORIAL HOSPITAL ASSOCIATION (EIN 810224734) - 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

1948

Legal Domicile

Principal Officer

ABBY LOTZ RN

Phone

4064460610

Tax Period

2024-07-01 to 2025-06-30

MEMORIAL HOSPITAL ASSOCIATION, founded in 1948, is a mid-sized nonprofit in the Health Care sector that reported $23.2M in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $22.1M left a modest 5% surplus.

Mission

TO SAVE LIVES AND PROMOTE HEALTHY LIVING.

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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 $400,784

Program Service Revenue $21,776,271

Investment Income $826,732

Other Revenue $235,278

TOTAL REVENUE $23,239,065

Expense Breakdown

Grants Paid $27,786

Salaries & Benefits $9,694,569

Fundraising Expenses $57,141

Program Expenses $14,862,303

Other Expenses $12,347,555

TOTAL EXPENSES $22,069,910

Year-over-Year Comparison

	2024	2023	Change
Revenue	$23,239,065	$21,164,166	+0.1%
Expenses	$22,069,910	$21,028,495	+0.0%
Net Income	$1,169,155	$135,671	+7.6%

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

178

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

$153,396

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DEREK STIEGEMEIER	CHIEF OPERATIONS OFFICER	40.00	Highest	$164,701	$19,090	$183,791
KATE WYMAN	LAB MANAGER	40.00	Highest	$163,051	$20,313	$183,364
BRIDGETT CHARTIER	CHIEF NURSING OFFICER	40.00	Highest	$164,692	$5,529	$170,221
STEPHANIE BALDWIN	CHIEF COMPLIANCE OFFICER	40.00	Highest	$133,442	$27,438	$160,880
LINDA HARRIS CPA	CFO	30.00	Officer	$138,067	$15,329	$153,396
AMY HUMMEL	PHYSICAL THERAPHY MANAGER	40.00	Highest	$116,340	$10,649	$126,989
ABBY LOTZ	CEO	39.25	Officer	$0	$0	$0
KELLY HEATON	PRESIDENT THEN PAST PRESIDENT	2.00	Officer Director	$0	$0	$0
SARAH EWALD	VICE PRESIDENT THEN PRESIDENT	2.00	Officer Director	$0	$0	$0
TROY KANE	DIRECTOR THEN VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
DICK FELLOWS	SECRETARY/TREASURER	2.00	Officer Director	$0	$0	$0
JIM DUNCAN	PAST PRESIDENT THEN DIRECTOR	1.00	Officer Director	$0	$0	$0
TODD BUCHANAN	DIRECTOR	1.00	Director	$0	$0	$0
GEORGE CLOW	DIRECTOR (THROUGH DECEMBER 2024)	1.00	Director	$0	$0	$0
JOHN CROCKER	DIRECTOR (THROUGH DECEMBER 2024)	1.00	Director	$0	$0	$0
KATE CROFT	DIRECTOR	1.00	Director	$0	$0	$0
TARA MASTEL	DIRECTOR	1.00	Director	$0	$0	$0
STEVE MUTH	DIRECTOR (THROUGH DECEMBER 2024)	1.00	Director	$0	$0	$0
KIRT NELL	DIRECTOR	1.00	Director	$0	$0	$0
WILLIAM OLEY MD	DIRECTOR	40.00	Director	$0	$0	$0
GUY SCHMIDT MD	DIRECTOR	1.00	Director	$0	$0	$0
STEVE SMITH	DIRECTOR (THROUGH DECEMBER 2024)	1.00	Director	$0	$0	$0
MARY STENZEL-POORE	DIRECTOR	1.00	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	$23,239,065	$22,069,910	$31,466,023	$1,169,155
2024	$21,164,166	$21,028,495	$30,192,005	$135,671
2023	$21,678,257	$20,053,755	$29,711,269	$1,624,502
2022	$17,596,244	$18,110,076	$29,841,173	$-513,832
2021	$19,240,078	$16,987,232	$33,779,980	$2,252,846
2020	$16,362,750	$15,895,366	$31,697,344	$467,384
2019	$16,001,810	$15,125,055	$26,011,071	$876,755
2018	$16,911,836	$15,456,518	$25,083,257	$1,455,318

MEMORIAL HOSPITAL ASSOCIATION