Summa Health Group Return

EIN: 900640432 501(c)(3)

Akron, OH

Total Revenue
$1,547,910,568
Total Expenses
$1,593,245,906
Total Assets
$1,825,616,945
Net Assets
$514,593,447
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Phone
2343125867
Tax Period
2023-01-01 to 2023-12-31

Summa Health Group Return is a large national nonprofit that reported $1.5B in total revenue in fiscal year 2023.

Mission

SUMMA HEALTH'S MISSION IS TO PROVIDE THE HIGHEST QUALITY, COMPASSIONATE CARE TO PATIENTS AND MEMBERS AND CONTRIBUTE TO A HEALTHIER COMMUNITY.

Program Service Accomplishments

Program 1
Expenses: $609,315,255 Revenue: $694,154,560

OUTPATIENT SERVICES FOR 2023: SUMMA HEALTH SYSTEM, AND SUMMA PHYSICIANS, INC. DBA SUMMA HEALTH MEDICAL GROUP, PROVIDED OVER 1.7 MILLION OCCASIONS OF SERVICE, INCLUDING 127,215 EMERGENCY DEPARTMENT...

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OUTPATIENT SERVICES FOR 2023: SUMMA HEALTH SYSTEM, AND SUMMA PHYSICIANS, INC. DBA SUMMA HEALTH MEDICAL GROUP, PROVIDED OVER 1.7 MILLION OCCASIONS OF SERVICE, INCLUDING 127,215 EMERGENCY DEPARTMENT VISITS, 10,082 OBSERVATION PATIENTS, 16,876 SURGICAL OPERATIONS, AND OVER 1.5 MILLION OTHER OUTPATIENT VISITS.

Program 2
Expenses: $481,529,499 Revenue: $548,576,283

INPATIENT SERVICES FOR 2023: SUMMA HEALTH SYSTEM HAD APPROXIMATELY 670 BEDS IN SERVICE, ADMITTED 33,470 ADULT PATIENTS, AND DELIVERED 4,720 NEWBORNS. THE ADULT PATIENTS RECEIVED 182,156 DAYS OF CARE...

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INPATIENT SERVICES FOR 2023: SUMMA HEALTH SYSTEM HAD APPROXIMATELY 670 BEDS IN SERVICE, ADMITTED 33,470 ADULT PATIENTS, AND DELIVERED 4,720 NEWBORNS. THE ADULT PATIENTS RECEIVED 182,156 DAYS OF CARE, INPATIENT SURGERIES TOTALED 8,037, EMERGENCY ADMISSIONS TOTALED 25,062 AND THE AVERAGE LENGTH OF STAY WAS 4.99 DAYS.

Program 3
Expenses: $52,787,512 Revenue: $14,820,273

RESEARCH/EDUCATION FOR 2023: SUMMA HEALTH HAS A HISTORY OF SPONSORING AND SUPPORTING BASIC AND CLINICAL RESEARCH TO UNDERSTAND DISEASES AND TREATMENT. CENTERS, PROGRAMS AND LABS FACILITATE RESEARCH...

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RESEARCH/EDUCATION FOR 2023: SUMMA HEALTH HAS A HISTORY OF SPONSORING AND SUPPORTING BASIC AND CLINICAL RESEARCH TO UNDERSTAND DISEASES AND TREATMENT. CENTERS, PROGRAMS AND LABS FACILITATE RESEARCH IN A NUMBER OF MEDICAL FIELDS. SUMMA HEALTH FOSTERS A LEARNING ENVIRONMENT FOR THE NEXT GENERATION OF CAREGIVERS. AT SUMMA HEALTH'S HOSPITALS, APPROXIMATELY 285 RESIDENTS AND FELLOWS TRAIN IN 12 ACCREDITED RESIDENCY PROGRAMS, EIGHT ACCREDITED FELLOWSHIP TRAINING PROGRAMS AND ONE NON-ACCREDITED FELLOWSHIP PROGRAM. SUMMA HEALTH PROVIDES CLINICAL LEARNING EXPERIENCES TO NEARLY 2,100 NURSING, MEDICAL, PHARMACY, EMERGENCY MEDICAL TECHNICIAN, PARAMEDIC, AND ALLIED HEALTH STUDENTS.

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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 $9,620,694
Program Service Revenue $1,516,233,180
Investment Income $812,350
Other Revenue $21,244,344
TOTAL REVENUE $1,547,910,568

Expense Breakdown

Grants Paid $1,688,555
Salaries & Benefits $644,275,797
Fundraising Expenses $2,484,293
Program Expenses $1,370,689,529
Other Expenses $947,281,554
TOTAL EXPENSES $1,593,245,906

Year-over-Year Comparison

2023 2022 Change
Revenue $1,547,910,568 $1,483,922,365 +0.0%
Expenses $1,593,245,906 $1,540,899,920 +0.0%
Net Income $-45,335,338 $-56,977,555 -0.2%
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✓ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
43
Independent Members
35
Employees
8382
Volunteers
849

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
11
$3,684,308
Total Directors
42
$3,208,120
Key Employees
4
$2,206,746
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A DIRECTOR SF & SECRETARY 4.0
Officer Director
$0 $0 $0
N/A DIRECTOR & CHAIRMAN SHS 4.0
Officer Director
$0 $0 $0
N/A DIRECTOR & VICE CHAIR SHMG 4.0
Officer Director
$0 $0 $0
N/A SF PRESIDENT & CDO 50.0
Officer Director
$289,194 $5,287 $294,481
N/A DIRECTOR & CHAIR SF 4.0
Officer Director
$0 $0 $0
N/A DIRECTOR V.CH. SHS, DIRECTOR CH SHMG 4.0
Officer Director
$0 $0 $0
N/A CEO SHS, DIRECTOR SHS & SF 4.0
Officer Director
$0 $213,261 $1,507,926
N/A DIRECTOR & TREASURER SF 4.0
Officer Director
$0 $0 $0
N/A DIRECTOR 2.0
Director
$0 $0 $0
N/A DIRECTOR SHS 2.0
Director
$0 $0 $0
N/A DIRECTOR SF 2.0
Director
$0 $0 $0
N/A DIRECTOR SF 2.0
Director
$0 $0 $0
N/A DIRECTOR SF 2.0
Director
$0 $0 $0
N/A DIRECTOR SHMG 2.0
Director
$0 $0 $0
N/A DIRECTOR SF (BEG 06/23) 2.0
Director
$0 $0 $0
N/A DIRECTOR 2.0
Director
$0 $0 $0
N/A DIRECTOR SF (BEG 12/23) 2.0
Director
$0 $0 $0
N/A DIRECTOR SF 2.0
Director
$0 $0 $0
N/A DIRECTOR SF 2.0
Director
$0 $0 $0
N/A DIRECTOR SF 2.0
Director
$0 $0 $0
N/A DIRECTOR SF 2.0
Director
$0 $0 $0
N/A DIRECTOR SF (BEG 07/23) 2.0
Director
$0 $0 $0
N/A DIRECTOR SF (BEG 10/23) 2.0
Director
$0 $0 $0
N/A DIRECTOR SF 2.0
Director
$0 $0 $0
N/A DIRECTOR 2.0
Director
$0 $0 $0
N/A DIRECTOR SF 2.0
Director
$0 $0 $0
N/A DIRECTOR (BEG 01/23) 2.0
Director
$0 $0 $0
N/A DIRECTOR SHS, CLINICAL PHYSICIAN 52.0
Director
$299,863 $35,447 $335,310
N/A DIRECTOR SF 2.0
Director
$0 $0 $0
N/A DIRECTOR SF 2.0
Director
$0 $0 $0
N/A DIRECTOR SF (BEG 06/23) 2.0
Director
$0 $0 $0
N/A DIRECTOR SF (BEG 12/23) 2.0
Director
$0 $0 $0
N/A DIRECTOR SHS & SHMG 2.0
Director
$0 $0 $0
N/A DIRECTOR SF 2.0
Director
$0 $0 $0
N/A DIRECTOR SF 2.0
Director
$0 $0 $0
N/A DIRECTOR SF 2.0
Director
$0 $0 $0
N/A DIRECTOR SHS & SHMG, CLINICAL PHYSICIAN 52.0
Director
$714,688 $32,902 $747,590
N/A DIRECTOR SHS 2.0
Director
$0 $0 $0
N/A DIRECTOR (BEG 01/23) 2.0
Director
$0 $0 $0
N/A DIRECTOR SF 2.0
Director
$0 $0 $0
N/A DIRECTOR (BEG 01/23) 2.0
Director
$0 $0 $0
N/A DIRECTOR SF, CLINICAL PHYSICIAN 52.0
Director
$301,709 $21,104 $322,813
N/A SVP CFO, TR. SHS & SHMG, SF 4.0
Officer
$0 $103,809 $702,810
N/A GEN. COUNSEL/SEC. SHS/SHMG 4.0
Officer
$0 $86,028 $621,673
N/A PRESIDENT SUMMA HEALTH MED.GR. 50.0
Officer
$463,970 $93,448 $557,418
N/A EVP COO - PROVIDER OPS. PRESIDENT SHS 4.0
Key Emp
$0 $125,164 $932,314
N/A SHS PRESIDENT (BEG. 07/23) 50.0
Key Emp
$293,763 $13,561 $307,324
N/A SVP, PRESIDENT POST ACUTE/HOME 2.0
Key Emp
$0 $73,257 $434,910
N/A SVP & CHF. NURSING EXEC. 50.0
Key Emp
$0 $61,154 $532,198
N/A CLINICAL PHYSICIAN - SHMG 50.0
Highest
$1,913,834 $38,447 $1,952,281
N/A CLINICAL PHYSICIAN - SHMG 50.0
Highest
$1,809,301 $23,016 $1,832,317
N/A CLINICAL PHYSICIAN - SHMG 50.0
Highest
$1,600,853 $33,102 $1,633,955
N/A CLINICAL PHYSICIAN - SHMG 50.0
Highest
$1,543,120 $31,778 $1,574,898
N/A CLINICAL PHYSICIAN - SHMG 50.0
Highest
$1,323,867 $32,577 $1,356,444
N/A Former PRESIDENT, SHS (END 11/22) 0.0
$455,768 $26,662 $482,430
N/A Former PRESIDENT SUMMA BARBERTON (END 11/22) 0.0
$391,985 $22,448 $414,433
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
2023 $1,547,910,568 $1,593,245,906 $1,825,616,945 $-45,335,338
2022 $1,483,922,365 $1,540,899,920 $1,810,856,061 $-56,977,555
2021 $1,396,622,299 $1,384,761,934 $1,853,324,067 $11,860,365
2020 $1,133,953,350 $1,157,861,619 $1,741,971,957 $-23,908,269
2019 $1,103,943,968 $1,077,192,265 $1,440,382,447 $26,751,703
2018 $1,041,956,790 $992,256,387 $1,378,833,024 $49,700,403
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