WASHINGTON TOWNSHIP HOSPITAL DEVELOPMENT CORPORATION (EIN 942930643) - 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

1984

Legal Domicile

Principal Officer

KIMBERLY HARTZ

Phone

5107971111

Tax Period

2023-07-01 to 2024-06-30

WASHINGTON TOWNSHIP HOSPITAL DEVELOPMENT CORPORATION, founded in 1984, is a mid-sized nonprofit in the Health Care sector that reported $48.1M in total revenue in fiscal year 2023. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $44.3M left a modest 8% surplus.

Mission

TO PROVIDE HEALTHCARE SERVICES TO THE COMMUNITY.

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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 $0

Program Service Revenue $48,142,935

Investment Income $0

Other Revenue $0

TOTAL REVENUE $48,142,935

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $43,096,984

Other Expenses $44,322,793

TOTAL EXPENSES $44,322,793

Year-over-Year Comparison

	2023	2022	Change
Revenue	$48,142,935	$41,676,739	+0.2%
Expenses	$44,322,793	$44,138,615	+0.0%
Net Income	$3,820,142	$-2,461,876	-2.6%

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

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

$1,255,843

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RUSS BLOWERS	FIRST VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
BENN SAH	PRESIDENT	1.00	Officer Director	$0	$0	$0
STEVEN CHAN DDS	SECRETARY	1.00	Officer Director	$0	$0	$0
SUE QERNER	TREASURER	1.00	Officer Director	$0	$0	$0
PAULINE WEAVER	2ND VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
KIMBERLY HARTZ	PRESIDENT/CEO	1.00	Officer	$0	$70,000	$1,255,843

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	$48,142,935	$44,322,793	$357,670,651	$3,820,142
2023	$41,676,739	$44,138,615	$310,714,995	$-2,461,876
2022	$38,474,515	$39,849,630	$277,585,631	$-1,375,115
2021	$35,268,002	$35,468,724	$248,049,951	$-200,722
2020	$33,400,575	$34,768,993	$213,770,148	$-1,368,418
2019	$31,806,682	$31,777,828	$189,678,726	$28,854
2018	$32,182,704	$31,133,485	$170,243,632	$1,049,219

WASHINGTON TOWNSHIP HOSPITAL DEVELOPMENT CORPORATION