HENRY FORD HEALTH PARENT

EIN: 934079536 501(c)(3) Health Care

DETROIT, MI

Total Revenue
N/A
Total Expenses
N/A
Total Assets
N/A
Net Assets
N/A
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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
2023
Legal Domicile
MI
Principal Officer
ROBIN DAMSCHRODER
Phone
3138768714
Tax Period
2023-09-28 to 2023-12-31

Mission

HENRY FORD HEALTH PARENT WAS FORMED AS A SUPPORTING ORGANIZATION FOR HENRY FORD HEALTH SYSTEM ("HFHS"), AN INTEGRATED HEALTH CARE SYSTEM RECOGNIZED BY THE IRS AS TAX EXEMPT PURSUANT TO IRC SECTION 501(C)(3)." IT SHALL BE OPERATED EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, AND/OR TO CARRY OUT THE PURPOSES OF HFHS.

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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 $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $0
TOTAL EXPENSES $0

Year-over-Year Comparison

2023 2022 Change
Revenue N/A N/A N/A
Expenses N/A N/A N/A
Net Income N/A N/A 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
16
Independent Members
14
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
5
$8,897,448
Total Directors
16
$5,452,125
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LYNN FORD ALANDT DIRECTOR 1.00
Director
$0 $0 $0
DAVID J BREEN DIRECTOR - CHAIR 2.00
Officer Director
$0 $0 $50,000
JACALYN S GOFORTH DIRECTOR 1.00
Director
$0 $0 $25,000
JOHN F HARRIS DIRECTOR 1.00
Director
$0 $0 $30,000
DAVID M HEMPSTEAD DIRECTOR 1.00
Director
$0 $0 $15,000
PATRICIA A MARYLAND DRPH DIRECTOR 1.00
Director
$0 $0 $0
CHARLES G MCCLURE JR DIRECTOR 1.00
Director
$0 $0 $0
JAMES O PEABODY MD DIRECTOR - PHYSICIAN 1.00
Director
$0 $64,205 $617,163
DANIEL J PHELAN PHD DIRECTOR 1.00
Director
$0 $0 $30,000
BARRY G PORTER DIRECTOR 1.00
Director
$0 $0 $25,000
MICHAEL S RAFFERTY DIRECTOR 1.00
Director
$0 $0 $30,000
JOSEPH J RICHARDSON JR DIRECTOR 1.00
Director
$0 $0 $35,000
ROBERT G RINEY DIRECTOR/ PRESIDENT/CEO 2.00
Officer Director
$0 $57,039 $4,524,962
FREDERIEK TONEY DIRECTOR 1.00
Director
$0 $0 $35,000
EDGAR L VANN II DIRECTOR 1.00
Director
$0 $0 $35,000
GERARDO NORCIA DIRECTOR (START 12/2023) 1.00
Director
$0 $0 $0
MICHELLE JOHNSON TIDJANI ESQ SECRETARY (THRU 9/2023) 2.00
Officer
$0 $47,822 $1,615,611
ROBIN S DAMSCHRODER TREASURER/CFO 2.00
Officer
$0 $61,913 $2,468,944
MARJORIE A STATEN JD SECRETARY (START 10/2023) 2.00
Officer
$0 $14,695 $237,931
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 No data No data No data No data
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