FRANCISCAN MEDICAL GROUP

EIN: 911939739 501(c)(3) Health Care

TACOMA, WA

Total Revenue
$449,672,207
Total Expenses
$657,094,717
Total Assets
$241,262,844
Net Assets
$-4,060,744
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1999
Legal Domicile
WA
Principal Officer
JAMES TERWILLIGER COO
Phone
2536804000
Tax Period
2022-07-01 to 2023-06-30

FRANCISCAN MEDICAL GROUP, founded in 1999, is a major nonprofit in the Health Care sector that reported $449.7M in total revenue in fiscal year 2022. Expenses of $657.1M exceeded revenue, resulting in a 46% operating deficit.

Mission

AS AN AFFILIATE OF COMMONSPIRIT HEALTH, WE MAKE THE HEALING PRESENCE OF GOD KNOWN IN OUR WORLD BY IMPROVING THE HEALTH OF THE PEOPLE WE SERVE, ESPECIALLY THOSE WHO ARE VULNERABLE, WHILE WE ADVANCE SOCIAL JUSTICE FOR ALL.

Program Service Accomplishments

Program 1
Expenses: $624,424,862 Revenue: $437,542,441

I. INTRODUCTION A. MARKET BASED ORGANIZATION MISSION AND VISION FRANCISCAN MEDICAL GROUP WAS FOUNDED IN APRIL 1999 TO PROVIDE COMMUNITY BASED HEALTH CARE SERVICES. SINCE ITS INCEPTION, FRANCISCAN...

Read more

I. INTRODUCTION A. MARKET BASED ORGANIZATION MISSION AND VISION FRANCISCAN MEDICAL GROUP WAS FOUNDED IN APRIL 1999 TO PROVIDE COMMUNITY BASED HEALTH CARE SERVICES. SINCE ITS INCEPTION, FRANCISCAN MEDICAL GROUP HAS FOCUSED ON PROVIDING QUALITY HEALTH CARE TO ALL MEMBERS OF THEIR COMMUNITY REGARDLESS OF ABILITY TO PAY FOR SERVICES. COMMUNITY SERVICE HAS ALWAYS BEEN AT THE CORE OF OUR ACTIVITY. B. COMMUNITY BENEFIT APPROACH FRANCISCAN MEDICAL GROUP CLINICS PROVIDE SERVICES ACROSS A LARGE GEOGRAPHY OF SOUTH PUGET SOUND IN WASHINGTON STATE, SERVING A DIVERSE POPULATION IN OUR SERVICE AREA. FRANCISCAN MEDICAL GROUP PROVIDES SERVICES TO PATIENTS REGARDLESS OF RACE, CREED, SEX, NATIONAL ORIGIN, HANDICAP OR ABILITY TO PAY. THE PROGRAMS AND SERVICES SERVED BY FRANCISCAN MEDICAL GROUP NOT ONLY SERVE THE COMMUNITY BUT ALSO REDUCE THE BURDEN ON GOVERNMENTAL PROGRAMS, I.E. MEDICARE AND MEDICAID. WITHOUT THE CHARITY CARE PROVIDED BY FRANCISCAN MEDICAL GROUP CLINICS, THE COMMUNITY CHARITY CARE CASES WOULD FALL UPON THE MORE EXPENSIVE EMERGENCY ROOMS IN LOCAL HOSPITALS, INCLUDING THOSE OPERATED BY LOCAL GOVERNMENT. IN ADDITION TO PROVIDING FINANCIAL ASSISTANCE, FRANCISCAN MEDICAL GROUP SUPPORTS HEALTH PROFESSIONS EDUCATION PROGRAMS AND SUBSIDIZED PROGRAMS FOR THOSE WITH DIABETES. II. QUANTITATIVE DESCRIPTION OF COMMUNITY BENEFIT: UNCOMPENSATED CARE FRANCISCAN MEDICAL GROUP PROVIDED A SIGNIFICANT LEVEL OF CHARITY CARE SERVICES TO THOSE WITH LIMITED OR AN INABILITY TO PAY. TO THE EXTENT MEDICARE AND MEDICAID REIMBURSEMENT IS BELOW COST, FRANCISCAN MEDICAL GROUP RECOGNIZES THESE AMOUNTS AS THE UNCOMPENSATED COST OF PROVIDING CARE. AS MENTIONED ABOVE, FRANCISCAN MEDICAL GROUP PROVIDES SERVICES TO PATIENTS REGARDLESS OF RACE, CREED, SEX, NATIONAL ORIGIN, HANDICAP, OR ABILITY TO PAY. MOST PHYSICIAN GROUPS IN THE STATE OF WASHINGTON HAVE EITHER PARTIALLY OR FULLY CLOSED THEIR PRACTICES TO NEW MEDICARE AND MEDICAID PATIENTS AS THE REIMBURSEMENT FOR THESE PROGRAMS HAS INCREASINGLY FALLEN SHORT OF THE COST OF PROVIDING THAT CARE. ALTHOUGH REIMBURSEMENT FOR SERVICES RENDERED IS CRITICAL TO THE OPERATION AND STABILITY OF FRANCISCAN MEDICAL GROUP, NOT ALL INDIVIDUALS POSSESS THE ABILITY TO PURCHASE ESSENTIAL MEDICAL SERVICES AND OUR MISSION IS TO SERVE THE COMMUNITY BY PROVIDING HEALTH CARE SERVICES AND HEALTH CARE EDUCATION. THEREFORE, IN KEEPING WITH FRANCISCAN MEDICAL GROUP'S COMMITMENT TO SERVE ALL MEMBERS OF ITS COMMUNITY, WE PROVIDE CARE TO PERSONS COVERED BY GOVERNMENTAL PROGRAMS ALTHOUGH THE COST OF PROVIDING THAT CARE EXCEEDS GOVERNMENTAL PROGRAM REIMBURSEMENT. FOR THE FISCAL YEAR ENDING JUNE 30, 2023, THE COST OF UNCOMPENSATED MEDICAID AMOUNTED TO $ 62 MILLION; FINANCIAL ASSISTANCE TOTALED $ 2.8 MILLION FOR THE YEAR. III. QUALITATIVE DESCRIPTION OF COMMUNITY BENEFIT A. COMMUNITY OUTREACH FOR THE POOR AND THE BROADER COMMUNITY FRANCISCAN MEDICAL GROUP PROVIDES CHARITY CARE TO THOSE WITH LIMITED OR AN INABILITY TO PAY FOR CARE. CHARITY CARE IS ALSO PROVIDED THROUGH MANY REDUCED PRICE SERVICES AND FREE PROGRAMS OFFERED THROUGHOUT THE YEAR BASED ON COMMUNITY HEALTH NEEDS. COMMUNITY HEALTH EDUCATION AROUND HEART DISEASE AND DIABETES, INCLUDING FREE, WEEKLY SUPPORT GROUPS FOR THOSE WITH DIABETES, ARE PROVIDED AT SEVERAL FRANCISCAN MEDICAL GROUP CLINICS. FRANCISCAN MEDICAL GROUP AND ITS MEMBERS PARTNER CLOSELY WITH PROJECT ACCESS PIERCE COUNTY AND PROJECT ACCESS NORTHWEST. MANY FMG PROVIDERS DONATE CARE AND VIRGINIA MASON FRANCISCAN HEALTH PROVIDES FINANCIAL CONTRIBUTIONS TO BOTH ORGANIZATIONS FOR THEIR PREMIUM ASSISTANCE PROGRAMS. IT IS SIGNIFICANT TO NOTE THAT ALL OF THE FRANCISCAN MEDICAL GROUP PRIMARY CARE CLINICS OPERATE IN COMMUNITIES DESIGNATED BY THE US DEPARTMENT OF HEALTH AS MEDICALLY UNDERSERVED AREAS FOR ACCESS TO PRIMARY CARE. FRANCISCAN MEDICAL GROUP SUPPORTS TRAINING FOR MEDICAL STUDENTS TO HELP FILL THIS GAP IN OUR COMMUNITIES.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $8,840,168
Program Service Revenue $437,542,441
Investment Income $209,100
Other Revenue $3,080,498
TOTAL REVENUE $449,672,207

Expense Breakdown

Grants Paid $0
Salaries & Benefits $513,926,513
Fundraising Expenses $0
Program Expenses $624,424,862
Other Expenses $143,168,204
TOTAL EXPENSES $657,094,717

Year-over-Year Comparison

2022 2021 Change
Revenue $449,672,207 $444,900,424 +0.0%
Expenses $657,094,717 $631,294,583 +0.0%
Net Income $-207,422,510 $-186,394,159 +0.1%
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

Sign In

Governance

Voting Members
16
Independent Members
16
Employees
3419
Volunteers
16

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
6
$2,396,659
Total Directors
17
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHRISTINE HAMMER NEUROSURGEON 40.00
Highest
$1,977,712 $29,431 $2,007,143
EATHAR RAZAK ELECTRO PHYSIOLOGIST 40.00
Highest
$1,659,728 $48,992 $1,708,720
MARC GOLDMAN NEUROSURGEON 40.00
Highest
$1,552,852 $42,608 $1,595,460
SATYAVARDHAN PULUKURTHY CARDIOLOGIST 40.00
Highest
$1,408,714 $46,638 $1,455,352
SHARIFF NASIR ELECTRO PHYSIOLOGIST 40.00
Highest
$1,355,167 $49,735 $1,404,902
DONNA SMITH PRESIDENT 40.00
Officer
$831,374 $31,798 $863,172
DAVID NOSACKA TREASURER/SVP&DIV CFO 2.00
Officer
$0 $43,336 $722,710
JANE ROOT CHIEF OPERATING OFFICER FMG 40.00
Officer
$404,992 $37,762 $442,754
DAVID BUTCHERITE FORMER TREASURER/ DIV VP FINANCE 0.00
$0 $38,691 $377,289
MIRIAM CHAMBLISS SECRETARY/VP DIV GENERAL COUNSEL 2.00
Officer
$0 $46,418 $368,023
JAMES SMALLEY BOARD MEMBER 2.00
Director
$0 $0 $0
JAMES CIVILLA BOARD MEMBER 2.00
Director
$0 $0 $0
ULI CHI PHD CHAIR 2.00
Officer Director
$0 $0 $0
ROBERT LEMON VICE CHAIR 2.00
Officer Director
$0 $0 $0
LARRY BJORK BOARD MEMBER 2.00
Director
$0 $0 $0
BOB CARLILE BOARD MEMBER 2.00
Director
$0 $0 $0
SR JUDE CONNELLY OSF BOARD MEMBER 2.00
Director
$0 $0 $0
CAROLYN CORVI BOARD MEMBER 2.00
Director
$0 $0 $0
SR RUTH GOODWIN OSF BOARD MEMBER 2.00
Director
$0 $0 $0
TOD HAMACHEK BOARD MEMBER 2.00
Director
$0 $0 $0
MICHAEL HOFFMAN BOARD MEMBER (THROUGH 12/31/22) 2.00
Director
$0 $0 $0
DENNIS HUNTHAUSEN BOARD MEMBER 2.00
Director
$0 $0 $0
KAREN LEE BOARD MEMBER 2.00
Director
$0 $0 $0
SR ANNE MCNAMARA OSF BOARD MEMBER 2.00
Director
$0 $0 $0
GREGG MEYER MD MSC BOARD MEMBER 2.00
Director
$0 $0 $0
JOHN OPPENHEIMER BOARD MEMBER 2.00
Director
$0 $0 $0
DIANN PULS CPA BOARD MEMBER 2.00
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 No data No data No data No data
2024 No data No data No data No data
2023 $449,672,207 $657,094,717 $241,262,844 $-207,422,510
2022 $444,900,424 $631,294,583 $267,954,857 $-186,394,159
2021 $412,494,717 $616,668,742 $292,427,828 $-204,174,025
2020 $382,261,799 $583,644,653 $309,464,643 $-201,382,854
2019 $549,175,101 $550,856,288 $134,272,107 $-1,681,187
2018 $535,479,211 $545,004,162 $143,990,204 $-9,524,951
Explore More Nonprofits
Top 100 Nonprofits in Washington Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare FRANCISCAN MEDICAL GROUP with other nonprofits in Washington and across the country.