Lodi Memorial Hospital Association Inc (EIN 941044474) - 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

1945

Legal Domicile

Principal Officer

Brooke McCollough

Phone

9164060000

Tax Period

2024-01-01 to 2024-12-31

Lodi Memorial Hospital Association Inc, founded in 1945, is a major nonprofit in the Health Care sector that reported $322.2M in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $312.2M left a modest 3% surplus.

Mission

Living God's love by inspiring health, wholeness and hope.

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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 $19,411,330

Program Service Revenue $302,625,337

Investment Income $164,105

Other Revenue $-21,565

TOTAL REVENUE $322,179,207

Expense Breakdown

Grants Paid $222,990

Salaries & Benefits $127,932,248

Fundraising Expenses $434,515

Program Expenses $260,354,935

Other Expenses $184,035,774

TOTAL EXPENSES $312,191,012

Year-over-Year Comparison

	2024	2023	Change
Revenue	$322,179,207	$296,127,089	+0.1%
Expenses	$312,191,012	$299,101,595	+0.0%
Net Income	$9,988,195	$-2,974,506	-4.4%

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

1578

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

$11,125,817

Total Directors

$6,800,226

Key Employees

$3,571,448

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Heinrich Kerry	Dir/Chair/CEO	0.00	Officer Director	$0	$57,975	$4,032,170
Hofheins Todd	Dir/Vice Chair/COO	0.00	Officer Director	$0	$65,992	$2,473,667
Freedman John	Director	0.00	Director	$0	$0	$27,203
Newton Bradford	Director	0.00	Director	$0	$0	$26,939
Cherry Robert	Director	0.00	Director	$0	$0	$26,611
Davis Andrew	Director	0.00	Director	$0	$0	$26,611
Innocent Larry	Director	0.00	Director	$0	$0	$26,611
Reiner Richard	Director	0.00	Director	$0	$0	$26,611
Wagner Jack	Director	0.00	Director	$0	$0	$21,611
Woodson Marc	Director	0.00	Director	$0	$0	$21,611
Salazar Velino	Director thru 09/24	0.00	Director	$0	$0	$21,181
Fehr Joy	Director	0.00	Director	$0	$0	$18,680
Beckett Ann	Director as of 01/24	0.00	Director	$0	$0	$17,930
Jutzy Kenneth	Director as of 01/24	0.00	Director	$0	$0	$16,180
Daggett Jonathan	Director as of 01/24	0.00	Director	$0	$0	$16,180
Cress John	Director as of 10/24	0.00	Director	$0	$0	$430
Beaman John	CFO/Assistant Secretary	0.00	Officer	$0	$79,808	$2,060,669
Jobe Meredith	Secretary	0.00	Officer	$0	$57,975	$1,279,079
McCollough Brooke	President	50.00	Officer	$0	$83,138	$782,620
Delmore Katie	Treasurer/Asst Secretary	50.00	Officer	$0	$57,785	$497,612
Stevens Eric	Pres, Northern California Network	5.00	Key Emp	$0	$57,975	$1,944,121
Pretzlaff Robert	Patient Care Executive	50.00	Key Emp	$0	$68,468	$709,708
Stewart Donovan	Patient Care Executive	50.00	Key Emp	$0	$44,546	$474,802
Karagounis Timothy	Operations Excecutive	50.00	Key Emp	$0	$56,429	$442,817
Brown Mary	RN	40.00	Highest	$497,945	$84,246	$582,191
Sandhu Navneet	RN	40.00	Highest	$269,434	$47,165	$316,599
Marsh Kevin	RN	40.00	Highest	$300,791	$13,296	$314,087
Nguyen Tin	Director, Pharmacy	40.00	Highest	$264,428	$21,470	$285,898
Pascua Helen	RN, First Assistant	40.00	Highest	$260,422	$165	$260,587
Wolcott Daniel	Former President thru 12/20	0.00		$0	$65,778	$770,049
Larsen David - Former	Finance Officer, CCR thru 04/19	0.00		$0	$59,142	$632,707
Whitney Jason - Former	Treasurer/Asst Secr thru 08/22	0.00		$0	$79,794	$611,644
Wing Bill - Former	Dir/Asst Secr/Vice Chair thru 01/22	0.00		$0	$0	$273,263
Nahapetian Arby - Former	Care Div Medical Officer thru 02/22	0.00		$0	$79,808	$1,839,066
Jahn Andrew - Former	Care Division President thru 02/22	0.00		$0	$59,411	$752,628
Cornwell Eric - Former	Medical Officer thru 03/23	0.00		$0	$23,860	$223,501

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	$322,179,207	$312,191,012	$211,778,585	$9,988,195
2023	$296,127,089	$299,101,595	$216,571,314	$-2,974,506
2022	$260,126,355	$270,733,367	$212,195,615	$-10,607,012
2021	$266,505,046	$261,850,397	$253,539,238	$4,654,649
2020	$254,509,991	$252,146,645	$263,442,209	$2,363,346
2019	$246,106,511	$246,025,931	$239,446,881	$80,580
2018	$244,209,022	$237,918,317	$303,047,094	$6,290,705
2017	$228,577,059	$226,499,765	$226,199,997	$2,077,294

Lodi Memorial Hospital Association Inc