DAMERON HOSPITAL ASSOCIATION (EIN 941201197) - 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

1912

Legal Domicile

Principal Officer

DANIEL LONG

Phone

2099445550

Tax Period

2023-01-01 to 2023-12-31

DAMERON HOSPITAL ASSOCIATION, founded in 1912, is a major nonprofit in the Health Care sector that reported $153.9M in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $190.1M exceeded revenue, resulting in a 23% operating deficit.

Mission

WE SUPPORT PHYSICIANS AND OUR EMPLOYEES IN PROVIDING QUALITY CARE IN A SAFE, CARING ENVIRONMENT.

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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 (2023)

Revenue Breakdown

Contributions & Grants $7,844

Program Service Revenue $154,749,622

Investment Income $2,262

Other Revenue $-868,116

TOTAL REVENUE $153,891,612

Expense Breakdown

Grants Paid $0

Salaries & Benefits $53,542,481

Fundraising Expenses $0

Program Expenses $159,693,844

Other Expenses $136,507,940

TOTAL EXPENSES $190,050,421

Year-over-Year Comparison

	2023	2022	Change
Revenue	$153,891,612	$136,573,714	+0.1%
Expenses	$190,050,421	$177,526,100	+0.1%
Net Income	$-36,158,809	$-40,952,386	-0.1%

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

705

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

$23,920

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARIA VILLARREAL	REGISTERED NURSE	40.00	Highest	$296,948	$27,259	$324,207
MEMBER AKUVA	REGISTERED NURSE	40.00	Highest	$234,842	$26,385	$261,227
TAMMY A SWANSON	REGISTERED NURSE	40.00	Highest	$219,033	$37,239	$256,272
GARY BROWN	REGISTERED NURSE	40.00	Highest	$229,178	$25,147	$254,325
CHRIS PETERSON	CARDIAC CATH SUPERVISOR	40.00	Highest	$211,639	$24,866	$236,505
TARANDEEP ARORA	CHIEF OF STAFF	40.00	Officer	$23,920	$0	$23,920
WILLIAM TREZZA	CHAIRMAN OF THE BOARD	10.00	Officer Director	$0	$0	$0
DANIEL DIXON	VICE CHAIRMAN/SECRETARY	10.00	Officer Director	$0	$0	$0
MICHAEL HAKEEM	BOARD MEMBER	10.00	Director	$0	$0	$0
KATHY LAGORIO-JANSSEN	BOARD MEMBER	10.00	Director	$0	$0	$0
HON RONALD NORTHUP	BOARD MEMBER	10.00	Director	$0	$0	$0
TERESA DAY	CEO	40.00	Officer	$0	$0	$0
KATIE DELMORE	CFO	40.00	Officer	$0	$0	$0
ERIC CORNWELL	CMO (THRU 03/23)	40.00	Officer	$0	$0	$0
DATTA GAURAV - ASSOC MEDICAL	OFFICER/INTERIM CMO (AS OF 03/23)	40.00	Officer	$0	$0	$0
TIMOTHY KARAGOUNIS	CHIEF OPERATIONS OFFICER	40.00	Officer	$0	$0	$0
DONOVAN STEWART	CHIEF NURSING OFFICER	40.00	Officer	$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
2023	$153,891,612	$190,050,421	$72,433,970	$-36,158,809
2022	$136,573,714	$177,526,100	$78,718,215	$-40,952,386
2021	$163,276,357	$174,483,318	$96,194,904	$-11,206,961
2020	$142,079,399	$160,875,851	$97,253,994	$-18,796,452
2019	$145,011,847	$174,577,564	$106,966,037	$-29,565,717
2018	$168,782,556	$183,802,815	$130,821,933	$-15,020,259

DAMERON HOSPITAL ASSOCIATION