TUCSON HOSPITALS MEDICAL EDUCATION PROG

EIN: 860204268 501(c)(3) Health Care

TUCSON, AZ

Total Revenue
$3,418,435
Total Expenses
$3,418,435
Total Assets
$78,637
Net Assets
$78,637
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1967
Legal Domicile
AZ
Principal Officer
ROBERT M AARONSON MD
Phone
5203245096
Tax Period
2023-07-01 to 2024-06-30

TUCSON HOSPITALS MEDICAL EDUCATION PROG, founded in 1967, is a community nonprofit in the Health Care sector that reported $3.4M in total revenue in fiscal year 2023. Revenue fell 45% from the prior year — a significant decline worth monitoring.

Mission

THMEP ADMINISTERS A GRADUATE PROGRAM FOR RESIDENTS. MEMBER HOSPITALS PARTICIPATE IN THE PROGRAM AND SHARE THE COST OF OPERATION WHICH SUPPORTS THE EXEMPT PURPOSE OF THE PROGRAM OF PROVIDING ENHANCED MEDICAL EDUCATION. THMEP ALSO PROVIDES EDUCATIONAL CONFERENCES TO COMMUNITY PHYSICIANS.

Program Service Accomplishments

Program 1
Expenses: $3,171,654 Revenue: $3,418,435

TO PROVIDE MEDICAL EDUCATION TO RESIDENTS OF MEMBER HOSPITALS.

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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 $0
Program Service Revenue $3,418,435
Investment Income $0
Other Revenue $0
TOTAL REVENUE $3,418,435

Expense Breakdown

Grants Paid $55,791
Salaries & Benefits $1,824,255
Fundraising Expenses $0
Program Expenses $3,171,654
Other Expenses $1,538,389
TOTAL EXPENSES $3,418,435

Year-over-Year Comparison

2023 2022 Change
Revenue $3,418,435 $6,246,547 -0.5%
Expenses $3,418,435 $6,246,547 -0.5%
Net Income $0 $0 N/A
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
6
Independent Members
5
Employees
N/A
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
$714,200
Total Directors
8
$714,200
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROBERT M AARONSON MD EXECUTIVE DIRECTOR 40.00
Officer Director
$714,200 $0 $714,200
BILL FEARNEYHOUGH SECRETARY 25.00
Director
$0 $0 $0
RICK ANDERSON MD DIRECTOR 25.00
Director
$0 $0 $0
STEPHEN BUSH DIRECTOR 25.00
Director
$0 $0 $0
ANTHONY STAZZONE MD DIRECTOR 25.00
Director
$0 $0 $0
PAUL YURKANIN MD DIRECTOR 25.00
Director
$0 $0 $0
DAVID TEEPLE MD DIRECTOR 40.00
Director
$0 $0 $0
PATRICIA ECK DO PROGRAM DIRECTOR 20.00
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
2024 No data No data No data No data
2024 $3,418,435 $3,418,435 $78,637 No data
2024 No data No data No data No data
2022 $5,491,350 $5,491,350 $78,637 No data
2018 $4,342,078 $4,316,847 $666,139 $25,231
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